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Earnings per Share (Tables) | 6 Months Ended
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Nov. 30, 2011
Earnings per Share |
Reconciliation of the computations of basic and diluted earnings per share information |
|  | Three Months Ended |  | Six Months Ended |
|  | November 30, |  | November 30, |
|  | 2011 |  | 2010 |  | 2011 |  | 2010 |
Basic EPS: |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 17,519 |  | $ | 18,090 |  | $ | 34,482 |  | $ | 32,137 |
Less income attributable to participating shares |  | (681 | ) | — |  | (1,277 | ) | — |
Income from continuing operations available to common shareholders |  | 16,838 |  | 18,090 |  | 33,205 |  | 32,137 |
Income (loss) from discontinued operations |  | 13 |  | (1,276 | ) | (301 | ) | (1,649 | )
Net income attributable to AAR available to common shareholders |  | $ | 16,851 |  | $ | 16,814 |  | $ | 32,904 |  | $ | 30,488 |
Basic shares: |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding |  | 38,703 |  | 38,301 |  | 38,802 |  | 38,335 |
Earnings per share — basic: |  |  |  |  |  |  |  |  |
Earnings from continuing operations |  | $ | 0.44 |  | $ | 0.47 |  | $ | 0.86 |  | $ | 0.84 |
Income (loss) from discontinued operations, net of tax |  | (0.00 | ) | (0.03 | ) | (0.01 | ) | (0.04 | )
Earnings per share — basic |  | $ | 0.44 |  | $ | 0.44 |  | $ | 0.85 |  | $ | 0.80 |
|  | Three Months Ended |  | Six Months Ended |
|  | November 30, |  | November 30, |
|  | 2011 |  | 2010 |  | 2011 |  | 2010 |
Diluted EPS: |  |  |  |  |  |  |  |  |
Income from continuing operations |  | $ | 17,519 |  | $ | 18,090 |  | $ | 34,482 |  | $ | 32,137 |
Less income attributable to participating shares |  | (628 | ) | — |  | (1,176 | ) | — |
Add after-tax interest on convertible debt |  | 1,484 |  | 1,392 |  | 2,945 |  | 2,763 |
Income from continuing operations available to common shareholders |  | 18,375 |  | 19,482 |  | 36,251 |  | 34,900 |
Income (loss) from discontinued operations |  | 13 |  | (1,276 | ) | (301 | ) | (1,649 | )
Net income attributable to AAR available to common shareholders |  | $ | 18,388 |  | $ | 18,206 |  | $ | 35,950 |  | $ | 33,251 |
Diluted shares: |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding |  | 38,703 |  | 38,301 |  | 38,802 |  | 38,335 |
Additional shares from the assumed exercise of stock options |  | 147 |  | 274 |  | 285 |  | 172 |
Additional shares from the assumed vesting of restricted stock |  | — |  | 587 |  | — |  | 517 |
Additional shares from the assumed conversion of convertible debt |  | 4,107 |  | 4,068 |  | 4,107 |  | 4,068 |
Weighted average common shares outstanding — diluted |  | 42,957 |  | 43,230 |  | 43,194 |  | 43,092 |
Earnings per share — diluted: |  |  |  |  |  |  |  |  |
Earnings from continuing operations |  | $ | 0.43 |  | $ | 0.45 |  | $ | 0.84 |  | $ | 0.81 |
Income (loss) from discontinued operations, net of tax |  | (0.00 | ) | (0.03 | ) | (0.01 | ) | (0.04 | )
Earnings per share — diluted |  | $ | 0.43 |  | $ | 0.42 |  | $ | 0.83 |  | $ | 0.77 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations. + References No definition available. + Details
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