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Earnings per Share (Tables)
9 Months Ended
Feb. 28, 2022
Earnings per Share  
Schedule of reconciliation of computations of basic and diluted earnings per share information

Three Months Ended

Nine Months Ended

February 28, 

February 28, 

    

2022

    

2021

    

2022

    

2021

Basic and Diluted EPS:

Income from continuing operations

$

22.6

$

31.1

$

54.6

$

31.6

Less income attributable to participating shares

(0.2)

(0.2)

 

(0.4)

 

(0.2)

Income from continuing operations attributable to common shareholders

22.4

30.9

54.2

31.4

Income (Loss) from discontinued operations attributable to common shareholders

(0.1)

(3.0)

0.2

(9.8)

Net income attributable to common shareholders for earnings per share

$

22.3

$

27.9

$

54.4

$

21.6

Weighted Average Shares:

Weighted average common shares outstanding – basic

35.1

35.0

 

35.3

 

35.0

Additional shares from the assumed exercise of stock options

0.6

0.5

0.5

0.2

Weighted average common shares outstanding – diluted

35.7

35.5

35.8

35.2

Earnings per share – basic:

Earnings from continuing operations

$

0.64

$

0.88

$

1.54

$

0.90

Income (Loss) from discontinued operations

(0.09)

 

0.01

 

(0.28)

Earnings per share - basic

$

0.64

$

0.79

$

1.55

$

0.62

Earnings per share – diluted:

Earnings from continuing operations

$

0.63

$

0.87

$

1.52

$

0.89

Income (Loss) from discontinued operations

(0.08)

 

0.01

 

(0.28)

Earnings per share - diluted

$

0.63

$

0.79

$

1.53

$

0.61