Earnings per Share

12 Months Ended

Apr. 30, 2020

Note 6: Earnings Per Share

The following table sets forth the computation of net income per common share and net income per common share – assuming dilution under the two-class method.


	Year Ended April 30,
	2020		2019		2018
Net income	$	779.5	$	514.4	$	1,338.6
Less: Net income allocated to participating securities	4.4		2.6		6.8
Net income allocated to common stockholders	$	775.1	$	511.8	$	1,331.8
Weighted-average common shares outstanding	113.4		113.1		113.0
Add: Dilutive effect of stock options	—		—		—
Weighted-average common shares outstanding – assuming dilution	113.4		113.1		113.0
Net income per common share	$	6.84	$	4.52	$	11.79
Net income per common share – assuming dilution	$	6.84	$	4.52	$	11.78