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Earnings per Share (Tables)
3 Months Ended
Aug. 31, 2014
Earnings per Share  
Reconciliation of the computations of basic and diluted earnings per share information

 

 

 

 

Three Months Ended

 

 

 

August 31,

 

 

 

2014

 

2013

 

Basic EPS:

 

 

 

 

 

Net income attributable to AAR and noncontrolling interest

 

$

14.5

 

$

18.0

 

Less income attributable to participating shares

 

(0.3

)

(0.4

)

Less income attributable to noncontrolling interest

 

(0.1

)

(0.1

)

Net income attributable to AAR available to common shareholders

 

$

14.1

 

$

17.5

 

 

 

 

 

 

 

Basic shares:

 

 

 

 

 

Weighted average common shares outstanding

 

38.8

 

38.6

 

 

 

 

 

 

 

Earnings per share — basic

 

$

0.36

 

$

0.45

 

 

 

 

 

 

 

Diluted EPS:

 

 

 

 

 

Net income attributable to AAR and noncontrolling interest

 

$

14.5

 

$

18.0

 

Less income attributable to participating shares

 

(0.3

)

(0.4

)

Less income attributable to noncontrolling interest

 

(0.1

)

(0.1

)

Net income attributable to AAR available to common shareholders

 

$

14.1

 

$

17.5

 

 

 

 

 

 

 

Diluted shares:

 

 

 

 

 

Weighted average common shares outstanding

 

38.8

 

38.6

 

Additional shares from the assumed exercise of stock options

 

0.4

 

0.4

 

Weighted average common shares outstanding — diluted

 

39.2

 

39.0

 

 

 

 

 

 

 

Earnings per share — diluted

 

$

0.36

 

$

0.45