XML 31 R21.htm IDEA: XBRL DOCUMENT v3.8.0.1
Equity Compensation Plans (Tables)
6 Months Ended
Nov. 30, 2017
Stock Option Activity

A summary of stock option activity during the six months ended November 30, 2017 follows:

 

     Shares      Weighted-
Average
Exercise Price
 
     (in thousands)         

Options outstanding June 1, 2017

     2,708      $ 32.88  

Granted

     819        59.26  

Exercised

     (603      27.50  

Forfeited

     (59      39.87  
  

 

 

    

Options outstanding November 30, 2017

     2,865        41.41  
Fair Value of Stock Options Granted, Estimated using Weighted-Average Assumptions

The fair value of stock options granted was estimated using the following weighted-average assumptions.

 

     FY 2018     FY 2017  

Risk-free interest rate

     1.6     1.2

Expected dividend yield

     0.0     0.0

Expected stock price volatility

     27.7     35.2

Expected option life

     4.0 years       4.0 years