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Earnings per Share (Tables)
3 Months Ended
Aug. 31, 2018
Earnings per Share  
Schedule of reconciliation of computations of basic and diluted earnings per share information

 

 

 

Three Months Ended

 

 

 

August 31,

 

 

 

2018

 

2017

 

Basic and Diluted EPS:

 

 

 

 

 

Income from continuing operations

 

$

18.9

 

$

11.0

 

Less income attributable to participating shares

 

(0.1

)

(0.1

)

 

 

 

 

 

 

Income from continuing operations attributable to common shareholders

 

18.8

 

10.9

 

Loss from discontinued operations attributable to common shareholders

 

(3.8

)

(0.4

)

 

 

 

 

 

 

Net income attributable to common shareholders for earnings per share

 

$

15.0

 

$

10.5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding—basic

 

34.6

 

34.0

 

Additional shares from assumed exercise of stock options

 

0.5

 

0.5

 

 

 

 

 

 

 

Weighted average common shares outstanding—diluted

 

35.1

 

34.5

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share — basic:

 

 

 

 

 

Earnings from continuing operations

 

$

0.54

 

$

0.32

 

Loss from discontinued operations

 

(0.11

)

(0.01

)

 

 

 

 

 

 

Earnings per share — basic

 

$

0.43

 

$

0.31

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share — diluted:

 

 

 

 

 

Earnings from continuing operations

 

$

0.54

 

$

0.32

 

Loss from discontinued operations

 

(0.11

)

(0.01

)

 

 

 

 

 

 

Earnings per share — diluted

 

$

0.43

 

$

0.31