Earnings (Loss) Per Share (Tables)

3 Months Ended

Aug. 31, 2019

Schedule of basic and diluted earnings per share

The following table summarizes the reconciliation of the numerators and denominators for the basic and diluted earnings (loss) per share computation for the periods indicated:



	Three months ended August 31,
	2019	2018
Net income (loss) attributable to Class A and Common Shares	$(58.5)	$(61.3)
Weighted average Shares of Class A Stock and Common Stock outstanding for basic earnings (loss) per share (in millions)	34.9	35.0
Dilutive effect of Class A Stock and Common Stock potentially issuable pursuant to stock-based compensation plans (in millions) *	*	*
Adjusted weighted average Shares of Class A Stock and Common Stock outstanding for diluted earnings (loss) per share (in millions)	*	*
Earnings (loss) per share of Class A Stock and Common Stock:
Basic	$(1.68)	$(1.75)
Diluted	$(1.68)	$(1.75)

* For the three month periods ended August 31, 2019 and August 31, 2018, the Company experienced a loss from operations and therefore, there is no dilutive share impact.

Schedule of stock option activity

The following table sets forth options outstanding pursuant to stock-based compensation plans as of the dates indicated:



	August 31, 2019	August 31, 2018
Options outstanding pursuant to stock-based compensation plans (in millions)	3.0	2.7