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EARNINGS PER SHARE (Tables)
9 Months Ended
Feb. 23, 2020
Earnings Per Share [Abstract]  
Reconciliation of Income and Average Share Amounts Used to Compute Basic and Diluted Earnings Per Share

The following table reconciles the income and average share amounts used to compute both basic and diluted earnings per share:

 

 

 

Thirteen weeks ended

 

 

Thirty-nine weeks ended

 

 

 

February 23,

2020

 

 

February 24,

2019

 

 

February 23,

2020

 

 

February 24,

2019

 

Net income attributable to Conagra Brands, Inc. common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations attributable to Conagra Brands, Inc. common stockholders

 

$

204.4

 

 

$

242.0

 

 

$

638.7

 

 

$

553.7

 

Loss from discontinued operations, net of tax, attributable to Conagra Brands, Inc. common stockholders

 

 

 

 

 

 

 

 

 

 

 

(1.9

)

Net income attributable to Conagra Brands, Inc. common stockholders

 

$

204.4

 

 

$

242.0

 

 

$

638.7

 

 

$

551.8

 

Weighted average shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

 

487.4

 

 

 

486.2

 

 

 

487.1

 

 

 

431.3

 

Add: Dilutive effect of stock options, restricted stock unit awards, and other dilutive securities

 

 

1.4

 

 

 

1.2

 

 

 

1.3

 

 

 

1.8

 

Diluted weighted average shares outstanding

 

 

488.8

 

 

 

487.4

 

 

 

488.4

 

 

 

433.1