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Earnings per Share (Tables)
9 Months Ended
Feb. 28, 2017
Earnings per Share  
Schedule of reconciliation of computations of basic and diluted earnings per share information

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

February 28/29,

 

February 28/29,

 

 

 

2017

 

2016

 

2017

 

2016

 

Basic and Diluted EPS:

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

13.1

 

$

9.9

 

$

35.1

 

$

26.5

 

Less income attributable to participating shares

 

(0.1

)

(0.1

)

(0.3

)

(0.3

)

 

 

 

 

 

 

 

 

 

 

Income from continuing operations attributable to common shareholders

 

13.0

 

9.8

 

34.8

 

26.2

 

Income (Loss) from discontinued operations attributable to common shareholders

 

0.6

 

(5.1

)

0.2

 

9.2

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common shareholders for earnings per share

 

$

13.6

 

$

4.7

 

$

35.0

 

$

35.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average Shares:

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding — basic

 

33.7

 

34.2

 

33.9

 

34.5

 

Additional shares from the assumed exercise of stock options

 

0.5

 

0.2

 

0.4

 

0.2

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding — diluted

 

34.2

 

34.4

 

34.3

 

34.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share — basic:

 

 

 

 

 

 

 

 

 

Earnings from continuing operations

 

$

0.39

 

$

0.29

 

$

1.03

 

$

0.76

 

Earnings (Loss) from discontinued operations

 

0.02

 

(0.15

)

0.01

 

0.27

 

 

 

 

 

 

 

 

 

 

 

Earnings per share — basic

 

$

0.41

 

$

0.14

 

$

1.04

 

$

1.03

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share — diluted:

 

 

 

 

 

 

 

 

 

Earnings from continuing operations

 

$

0.38

 

$

0.29

 

$

1.02

 

$

0.76

 

Earnings (Loss) from discontinued operations

 

0.02

 

(0.15

)

0.01

 

0.27

 

 

 

 

 

 

 

 

 

 

 

Earnings per share — diluted

 

$

0.40

 

$

0.14

 

$

1.03

 

$

1.03