v3.25.2
Earnings Per Share
12 Months Ended
May 31, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Basic earnings per share are based on the weighted average number of common shares outstanding. In addition, diluted earnings per share include 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 basic loss per share as the impact would be anti-dilutive.
The following table reconciles basic to diluted weighted average shares outstanding:
Year ended May 31,
202520242023
Basic40,852,564 40,180,925 39,480,367 
Effect of dilutive securities— — — 
Diluted40,852,564 40,180,925 39,480,367 
Securities excluded as their inclusion would be anti-dilutive5,121,073 3,973,382 3,491,099