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Earnings Per Share (Tables)
12 Months Ended
May. 31, 2015
Computation of Basic and Diluted Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share for the years ended May 31:

 

(in thousands, except per share amounts)    2015      2014      2013  

Numerator (basic & diluted):

        

Net earnings attributable to controlling interest – income available to common shareholders

   $ 76,785       $ 151,300       $ 136,442   

Denominator:

        

Denominator for basic earnings per share attributable to controlling interest – weighted average common shares

     66,309         68,944         69,301   

Effect of dilutive securities

     2,174         2,720         2,013   
  

 

 

    

 

 

    

 

 

 

Denominator for diluted earnings per share attributable to controlling interest – adjusted weighted average common shares

     68,483         71,664         71,314   
  

 

 

    

 

 

    

 

 

 

Basic earnings per share attributable to controlling interest

   $ 1.16       $ 2.19       $ 1.97   

Diluted earnings per share attributable to controlling interest

     1.12         2.11         1.91