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Earnings per Share (Tables)
6 Months Ended
Nov. 30, 2023
Earnings per Share  
Schedule of reconciliation of computations of basic and diluted earnings per share information

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Three Months Ended

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Six Months Ended

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November 30, 

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November 30, 

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2023

    

2022

    

2023

    

2022

Basic and Diluted Earnings Per Share:

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Income from continuing operations

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$

23.8

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$

22.5

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$

23.2

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$

44.8

Less income attributable to participating shares

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(0.3)

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(0.3)

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(0.3)

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(0.6)

Income from continuing operations attributable to common shareholders

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23.5

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22.2

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22.9

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44.2

Income from discontinued operations attributable to common shareholders

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—

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—

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—

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0.4

Net income attributable to common shareholders for earnings per share

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$

23.5

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$

22.2

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$

22.9

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$

44.6

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Weighted Average Shares:

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Weighted average common shares outstanding - basic

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34.9

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34.2

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34.9

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34.6

Additional shares from the assumed exercise of stock options

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0.4

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0.5

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0.4

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0.4

Weighted average common shares outstanding - diluted

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35.3

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34.7

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35.3

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35.0

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Earnings per share – basic:

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Earnings from continuing operations

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$

0.67

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$

0.65

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$

0.66

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$

1.28

Income from discontinued operations

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—

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—

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—

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0.01

Earnings per share – basic

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$

0.67

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$

0.65

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$

0.66

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$

1.29

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Earnings per share – diluted:

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Earnings from continuing operations

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$

0.67

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$

0.64

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$

0.65

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$

1.26

Income from discontinued operations

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—

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—

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—

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0.01

Earnings per share – diluted

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$

0.67

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$

0.64

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$

0.65

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$

1.27

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