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Earnings (Loss) Per Share | 6 Months Ended
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Nov. 30, 2023
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 | Six months ended
| November 30, | November 30,
| 2023 | 2022 | 2023 | 2022
Net income (loss) attributable to Class A and Common Stockholders | $ | 76.9 |  |  | $ | 74.8 |  |  | $ | 2.7 |  |  | $ | 29.6 |
Weighted average Shares of Class A Stock and Common Stock outstanding for basic earnings (loss) per share (in millions) |  | 30.7 |  |  |  | 34.5 |  |  |  | 31.2 |  |  | 34.4 |
Dilutive effect of Class A Stock and Common Stock potentially issuable pursuant to stock-based compensation plans (in millions) |  | 0.7 |  |  |  | 0.9 |  |  |  | 0.8 |  |  |  | 1.0 |  |
Adjusted weighted average Shares of Class A Stock and Common Stock outstanding for diluted earnings (loss) per share (in millions) |  | 31.4 |  |  |  | 35.4 |  |  |  | 32.0 |  |  | 35.4 |
Earnings (loss) per share of Class A Stock and Common Stock: |  |  |  |  |  |  |  |  |  |  |  |
Basic | $ | 2.51 |  |  | $ | 2.17 |  |  | $ | 0.09 |  |  | $ | 0.86 |
Diluted | $ | 2.45 |  |  | $ | 2.12 |  |  | $ | 0.09 |  |  | $ | 0.84 |
Anti-dilutive shares pursuant to stock-based compensation plans |  | 1.1 |  |  |  | 1.3 |  |  |  | 0.7 |  |  |  | 0.8 |  |
The following table sets forth options outstanding pursuant to stock-based compensation plans as of the dates indicated:
| November 30, 2023 |  | November 30, 2022
Options outstanding pursuant to stock-based compensation plans (in millions) | 3.1 |  | 3.4
As of November 30, 2023, $33.8 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 and Note 18, "Subsequent Events", for additional Board authorization for Common share repurchases.

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