Earnings (Loss) per Share (Tables)

9 Months Ended

Feb. 29, 2016

Computation of Basic and Diluted Earnings (Loss) Per Share

The following table sets forth the computation of basic and diluted earnings (loss) per share for the three and nine months ended February 29, 2016 and February 28, 2015:

	Three Months Ended					Nine Months Ended
	February 29, February 28,					February 29, February 28,
(in thousands, except per share amounts)	2016		2015			2016		2015
Numerator (basic & diluted):
Net earnings (loss) attributable to controlling interest – income (loss) available to common shareholders	$	29,576	$	(25,710	)	$	84,227	$	47,920
Denominator:
Denominator for basic earnings (loss) per share attributable to controlling interest – weighted average common shares		61,747		66,359			62,810		67,013
Effect of dilutive securities		1,980		-			1,773		2,288
Denominator for diluted earnings (loss) per share attributable to controlling interest – adjusted weighted average common shares		63,727		66,359			64,583		69,301
Basic earnings (loss) per share attributable to controlling interest	$	0.48	$	(0.39	)	$	1.34	$	0.72
Diluted earnings (loss) per share attributable to controlling interest	$	0.46	$	(0.39	)	$	1.30	$	0.69