Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.3.1.900
Earnings Per Share (Tables)
 6 Months Ended
Nov. 30, 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 November 30,
 
Six Months Ended November 30,
 
2015
 
2014
 
2015
 
2014
Net income (loss)
$
(4,503
)
 
$
1,031

 
$
(8,855
)
 
$
11,778

Weighted average common shares outstanding, assuming conversion of proportionate voting shares - Basic
45,556,790

 
44,204,438

 
45,554,483

 
42,999,000

Assumed conversion of dilutive stock options and awards
—

 
2,455,290

 
—

 
2,461,620

Diluted weighted average common shares outstanding
45,556,790

 
46,659,728

 
45,554,483

 
45,460,620

Basic earnings (loss) per common share
$
(0.10
)
 
$
0.02

 
$
(0.19
)
 
$
0.27

Diluted earnings (loss) per common share
$
(0.10
)
 
$
0.02

 
$
(0.19
)
 
$
0.26

 
 
 
 
 
 
 
 
Anti-dilutive stock options and awards excluded from diluted earnings (loss) per share calculation
1,353,939

 
64,306

 
1,556,341

 
83,645