XML 41 R33.htm IDEA: XBRL DOCUMENT v3.24.4
Earnings Per Common Share (Tables)
6 Months Ended
Nov. 30, 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

 

 

Six Months Ended

 

 

November 30,

 

 

November 30,

 

 

November 30,

 

 

November 30,

 

(In millions, except per common share amounts)

2024

 

 

2023

 

 

2024

 

 

2023

 

Numerator (basic & diluted):

 

 

 

 

 

 

 

 

 

 

 

Net earnings (loss) attributable to controlling interest –

 

 

 

 

 

 

 

 

 

 

 

income (loss) available to common shareholders

$

12.8

 

 

$

(6.0

)

 

$

41.2

 

 

$

52.5

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per common share attributable to

 

 

 

 

 

 

 

 

 

 

 

controlling interest – weighted average common shares

 

49.5

 

 

 

49.3

 

 

 

49.4

 

 

 

49.3

 

Effect of dilutive securities

 

1.1

 

 

 

-

 

 

 

1.1

 

 

 

-

 

Diluted earnings (loss) per common share attributable to

 

 

 

 

 

 

 

 

 

 

 

controlling interest – adjusted weighted average common shares

 

50.6

 

 

 

49.3

 

 

 

50.5

 

 

 

49.3

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per common share attributable to controlling interest

$

0.26

 

 

$

(0.12

)

 

$

0.83

 

 

$

1.07

 

Diluted earnings (loss) per common share attributable to controlling interest

$

0.25

 

 

$

(0.12

)

 

$

0.82

 

 

$

1.07

 

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive non-qualified stock options and restricted common share awards(1)

 

0.1

 

 

 

-

 

 

 

0.2

 

 

 

-

 

 

 

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