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Earnings per Share (Tables)
6 Months Ended
Nov. 30, 2019
Earnings per Share  
Schedule of reconciliation of computations of basic and diluted earnings per share information

Three Months Ended

Six Months Ended

November 30, 

November 30, 

    

2019

    

2018

    

2019

    

2018

Basic and Diluted EPS:

Income from continuing operations

$

20.1

$

11.2

$

37.2

$

30.1

Less income attributable to participating shares

 

(0.1)

 

(0.1)

 

(0.2)

 

(0.1)

Income from continuing operations attributable to common shareholders

20.0

11.1

37.0

30.0

Loss from discontinued operations attributable to common shareholders

(5.9)

(4.2)

(18.6)

(8.0)

Net income attributable to common shareholders for earnings per share

$

14.1

$

6.9

$

18.4

$

22.0

Weighted Average Shares:

Weighted average common shares outstanding–basic

 

34.6

 

34.6

 

34.6

 

34.6

Additional shares from the assumed exercise of stock options

0.4

0.4

0.4

0.5

Weighted average common shares outstanding–diluted

35.0

35.0

35.0

35.1

Earnings per share – basic:

Earnings from continuing operations

$

0.58

$

0.32

$

1.07

$

0.87

Loss from discontinued operations

(0.17)

(0.12)

(0.54)

(0.23)

Earnings per share – basic

$

0.41

$

0.20

$

0.53

$

0.64

Earnings per share – diluted:

Earnings from continuing operations

$

0.57

$

0.32

$

1.06

$

0.85

Loss from discontinued operations

(0.17)

(0.12)

(0.53)

(0.23)

Earnings per share –diluted

$

0.40

$

0.20

$

0.53

$

0.62