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Quarterly Financial Data (Unaudited)
 12 Months Ended
May 31, 2017
Quarterly Financial Data [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited)
The following is a summary of the results of operation for each of the quarters within the fiscal years ended May 31, 2017 and 2016:
May 31, 2017 (in thousands)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
 
 
 
 
 
 
Revenue
$
1,266,650

 
$
1,271,077

 
$
1,255,367

 
$
1,530,287

Gross margin
$
576,427

 
$
565,218

 
$
559,924

 
$
678,726

Net income, continuing operations
$
136,208

 
$
121,950

 
$
116,954

 
$
82,174

Basic earnings per share, continuing operations
$
1.27

 
$
1.15

 
$
1.09

 
$
0.76

Diluted earnings per share, continuing operations
$
1.24

 
$
1.12

 
$
1.06

 
$
0.75

Weighted average number of shares outstanding
104,483

 
104,957

 
105,093

 
105,325


May 31, 2016 (in thousands) (1)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
 
 
 
 
 
 
Revenue
$
1,170,564

 
$
1,191,121

 
$
1,190,539

 
$
1,243,548

Gross margin
$
516,895

 
$
520,221

 
$
517,853

 
$
546,371

Net income, continuing operations
$
104,325

 
$
113,447

 
$
115,122

 
$
115,711

Basic earnings per share, continuing operations
$
0.93

 
$
1.03

 
$
1.05

 
$
1.07

Diluted earnings per share, continuing operations
$
0.92

 
$
1.01

 
$
1.03

 
$
1.06

Weighted average number of shares outstanding
110,597

 
108,301

 
107,843

 
106,136


(1) The figures for fiscal 2016 reflect the change in classification of Discontinued Services as discontinued operations within the Consolidated Statements of Income. See Note 16 entitled Discontinued Operations for additional information.