Earnings (Loss) Per Share (Tables)

9 Months Ended

Feb. 29, 2020

Schedule of basic and diluted earnings per share

The following table summarizes the reconciliation of the numerators and denominators for the basic and diluted earnings (loss) per share computation for the periods indicated:



	Three months ended		Nine months ended
	February 29,	February 28,	February 29,	February 28,
	2020	2019	2020	2019
Net income (loss) attributable to Class A and Common Stockholders	$(43.3)	$(12.6)	$(30.8)	$(2.3)
Weighted average Shares of Class A Stock and Common Stock outstanding for basic earnings (loss) per share (in millions)	34.5	35.3	34.8	35.2
Dilutive effect of Class A Stock and Common Stock potentially issuable pursuant to stock-based compensation plans (in millions) *	—	—	—	—
Adjusted weighted average Shares of Class A Stock and Common Stock outstanding for diluted earnings (loss) per share (in millions)	34.5	35.3	34.8	35.2
Earnings (loss) per share of Class A Stock and Common Stock:
Basic	$(1.25)	$(0.36)	$(0.89)	$(0.07)
Diluted	$(1.25)	$(0.36)	$(0.89)	$(0.07)

* The Company experienced a net loss for all periods presented and therefore did not report any dilutive share impact.

Schedule of stock option activity

The following table sets forth options outstanding pursuant to stock-based compensation plans as of the dates indicated:



	February 29, 2020	February 28, 2019
Options outstanding pursuant to stock-based compensation plans (in millions)	3.0	2.9