XML 51 R38.htm IDEA: XBRL DOCUMENT v3.20.2
EARNINGS PER SHARE (Tables)
12 Months Ended
May 31, 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:

 

 

 

2020

 

 

2019

 

 

2018

 

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

 

 

 

 

 

 

 

 

 

 

 

 

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

 

$

840.1

 

 

$

680.2

 

 

$

794.1

 

Income (loss) from discontinued operations, net of tax, attributable to Conagra Brands, Inc. common stockholders

 

 

 

 

 

(1.9

)

 

 

14.3

 

Net income attributable to Conagra Brands, Inc. common stockholders

 

$

840.1

 

 

$

678.3

 

 

$

808.4

 

Weighted average shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

 

487.3

 

 

 

444.0

 

 

 

403.9

 

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

 

 

1.3

 

 

 

1.6

 

 

 

3.5

 

Diluted weighted average shares outstanding

 

 

488.6

 

 

 

445.6

 

 

 

407.4