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Earnings (Loss) Per Share | 6 Months Ended
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Nov. 30, 2019
Earnings Per Share [Abstract] |
Earnings (Loss) Per Share | EARNINGS (LOSS) 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 November 30, |  | Six months ended November 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Net income (loss) attributable to Class A and Common Stockholders | $70.9 |  | $71.4 |  | $12.5 |  | $10.3
Weighted average Shares of Class A Stock and Common Stock outstanding for basic earnings (loss) per share (in millions) | 34.8 |  | 35.2 |  | 34.8 |  | 35.2
Dilutive effect of Class A Stock and Common Stock potentially issuable pursuant to stock-based compensation plans (in millions) | 0.3 |  | 0.7 |  | 0.4 |  | 0.6
Adjusted weighted average Shares of Class A Stock and Common Stock outstanding for diluted earnings (loss) per share (in millions) | 35.1 |  | 35.9 |  | 35.2 |  | 35.8
Earnings (loss) per share of Class A Stock and Common Stock: |  |  |  |  |  |  |
Basic | $2.04 |  | $2.03 |  | $0.36 |  | $0.29
Diluted | $2.02 |  | $1.99 |  | $0.35 |  | $0.29
The following table sets forth options outstanding pursuant to stock-based compensation plans as of the dates indicated:
| November 30, 2019 |  | November 30, 2018
Options outstanding pursuant to stock-based compensation plans (in millions) | 3.0 |  | 2.9
Net income attributable to Class A and Common Stockholders excludes earnings attributable to participating Restricted Stock Units of $0.1 and $0.2 for the three months ended November 30, 2019 and 2018, respectively, and less than $0.1 for the six months ended November 30, 2019 and 2018, respectively. There were 1.8 million of potentially anti-dilutive shares pursuant to stock-based compensation plans as of November 30, 2019. A portion of the Company’s Restricted Stock Units ("RSUs") which are granted to employees participate in earnings through cumulative dividends which are payable and non-forfeitable to the employees upon vesting of the RSUs. Accordingly, the Company measures earnings per share based upon the lower of the Two-class method or the Treasury Stock method. As of November 30, 2019, $33.2 remained available for future purchases of common shares under the repurchase authorization of the Board of Directors (the "Board") in effect on that date. See Note 12, Treasury Stock, for a more complete description of the Company’s share buy-back program.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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