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Earnings per Share (Tables)
6 Months Ended
Nov. 30, 2023
Earnings per Share  
Schedule of reconciliation of computations of basic and diluted earnings per share information

Three Months Ended

Six Months Ended

November 30, 

November 30, 

    

2023

    

2022

    

2023

    

2022

Basic and Diluted Earnings Per Share:

Income from continuing operations

$

23.8

$

22.5

$

23.2

$

44.8

Less income attributable to participating shares

(0.3)

(0.3)

 

(0.3)

 

(0.6)

Income from continuing operations attributable to common shareholders

23.5

22.2

22.9

44.2

Income from discontinued operations attributable to common shareholders

0.4

Net income attributable to common shareholders for earnings per share

$

23.5

$

22.2

$

22.9

$

44.6

Weighted Average Shares:

Weighted average common shares outstanding - basic

34.9

34.2

 

34.9

 

34.6

Additional shares from the assumed exercise of stock options

0.4

0.5

0.4

0.4

Weighted average common shares outstanding - diluted

35.3

34.7

35.3

35.0

Earnings per share – basic:

Earnings from continuing operations

$

0.67

$

0.65

$

0.66

$

1.28

Income from discontinued operations

 

 

0.01

Earnings per share – basic

$

0.67

$

0.65

$

0.66

$

1.29

Earnings per share – diluted:

Earnings from continuing operations

$

0.67

$

0.64

$

0.65

$

1.26

Income from discontinued operations

 

 

0.01

Earnings per share – diluted

$

0.67

$

0.64

$

0.65

$

1.27