Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.3.0.814
Earnings Per Share (Tables)
 3 Months Ended
Aug. 31, 2015
Earnings Per Share [Abstract]  
Reconciliation From Basic Earnings Per Common Share to Diluted Earnings Per Common Share
The following is a reconciliation from basic earnings per common share to diluted earnings per common share:
 
Three Months Ended August 31,
 
2015
 
2014
Net income (loss)
$
(4,351
)
 
$
10,747

Weighted average common shares outstanding, assuming conversion of proportionate voting shares - Basic
45,552,202

 
41,806,664

Assumed conversion of dilutive stock options and awards
—

 
2,467,950

Diluted weighted average common shares outstanding
45,552,202

 
44,274,614

Basic earnings (loss) per common share
$
(0.10
)
 
$
0.26

Diluted earnings (loss) per common share
$
(0.10
)
 
$
0.24

 
 
 
 
Anti-dilutive stock options and awards excluded from diluted earnings (loss) per share calculation
1,758,742

 
50,783