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Earnings Per Share
 6 Months Ended
Nov. 30, 2022
Earnings Per Share [Abstract]  
Earnings Per Share EARNINGS PER SHARE
Basic earnings per share is based on the weighted average number of common shares outstanding without consideration of potential common stock. Diluted earnings per share includes the dilutive effect of potential common stock consisting of stock options, restricted stock units and performance stock units, provided that the inclusion of such securities is not anti-dilutive. In periods with a net loss, stock options and restricted stock units are not included in the computation of diluted loss per share as the impact would be anti-dilutive.
The following table reconciles basic to diluted weighted-average shares outstanding:
Three Months EndedSix Months Ended
(in thousands)Nov 30, 2022Nov 30, 2021Nov 30, 2022Nov 30, 2021
Basic39,490 39,053 39,394 38,893 
Effect of dilutive securities— — — — 
Diluted39,490 39,053 39,394 38,893 
Securities excluded as their inclusion would be anti-dilutive3,793 3,510 3,793 3,510