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Earnings (Loss) Per Share | 9 Months Ended
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Feb. 29, 2020
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 |  | Nine months ended
| February 29, |  | February 28, |  | February 29, |  | February 28,
| 2020 |  | 2019 |  | 2020 |  | 2019
Net income (loss) attributable to Class A and Common Stockholders | $(43.3) |  | $(12.6) |  | $(30.8) |  | $(2.3)
Weighted average Shares of Class A Stock and Common Stock outstanding for basic earnings (loss) per share (in millions) | 34.5 |  | 35.3 |  | 34.8 |  | 35.2
Dilutive effect of Class A Stock and Common Stock potentially issuable pursuant to stock-based compensation plans (in millions) * | — |  |  | — |  |  | — |  |  | — |
Adjusted weighted average Shares of Class A Stock and Common Stock outstanding for diluted earnings (loss) per share (in millions) | 34.5 |  | 35.3 |  | 34.8 |  | 35.2
Earnings (loss) per share of Class A Stock and Common Stock: |  |  |  |  |  |  |  |  |  |  |
Basic | $(1.25) |  | $(0.36) |  | $(0.89) |  | $(0.07)
Diluted | $(1.25) |  | $(0.36) |  | $(0.89) |  | $(0.07)
* The Company experienced a net loss for all periods presented and therefore did not report any dilutive share impact. The following table sets forth options outstanding pursuant to stock-based compensation plans as of the dates indicated:
| February 29, 2020 |  | February 28, 2019
Options outstanding pursuant to stock-based compensation plans (in millions) | 3.0 |  | 2.9
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. For the three and nine months ended February 29, 2020 and February 28, 2019, respectively, the Company experienced a net loss for all periods presented and did not allocate any losses to the participating securities. There were 2.2 million of potentially anti-dilutive shares pursuant to stock-based compensation plans as of February 29, 2020. As of February 29, 2020, $20.1 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 13, 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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