Earnings per Common Share (Tables)

9 Months Ended

Feb. 29, 2024

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Common Share Attributable to Controlling Interest

The following table sets forth the computation of basic and diluted earnings per common share attributable to controlling interest for the periods presented:

	Three Months Ended				Nine Months Ended
	February 29,		February 28,		February 29,		February 28,
(In millions, except per common share amounts)	2024		2023		2024		2023
Numerator (basic & diluted):
Net earnings attributable to controlling interest -
income available to common shareholders	$	49.0	$	5.4	$	101.5	$	19.8
Denominator:
Denominator for basic earnings per common share attributable to
controlling interest – weighted average common shares		49.3		49.3		49.3		49.3
Effect of dilutive securities		1.0		-		0.3		-
Denominator for diluted earnings per common share attributable to
controlling interest – adjusted weighted average common shares		50.3		49.3		49.6		49.3
Basic earnings per common share attributable to controlling interest	$	0.99	$	0.11	$	2.06	$	0.40
Diluted earnings per common share attributable to controlling interest	$	0.98	$	0.11	$	2.05	$	0.40
Anti-dilutive non-qualified stock options and restricted common share awards(1)		0.1		-		-		-

(1)These non-qualified stock options and restricted common share awards were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive.