Earnings (Loss) Per Share (Tables)

12 Months Ended

May 31, 2022

Earnings Per Share [Abstract]

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 fiscal years ended May 31:

	2022		2021		2020
Net income (loss) attributable to Class A and Common Shares	$	80.6	$	(11.0)	$	(43.8)
Weighted average Shares of Class A Stock and Common Stock outstanding for basic earnings (loss) per share (in millions)		34.5		34.3		34.6
Dilutive effect of Class A Stock and Common Stock potentially issuable pursuant to stock-based compensation plans (in millions)*		1.1		—		—
Adjusted weighted average Shares of Class A Stock and Common Stock outstanding for diluted earnings (loss) per share (in millions)		35.6		34.3		34.6
Earnings (loss) per share of Class A Stock and Common Stock
Basic earnings (loss) per share	$	2.33	$	(0.32)	$	(1.27)
Diluted earnings (loss) per share	$	2.27	$	(0.32)	$	(1.27)

Schedule of Options Outstanding

The following table sets forth Options outstanding pursuant to stock-based compensation plans for the fiscal years ended May 31:

	2022	2021
Options outstanding pursuant to stock-based compensation plans (in millions)	4.6	5.0