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
	August 31,		August 31,
	2025		2024
Net income (loss) attributable to Class A and Common Stockholders	$	(71.1)	$	(62.5)
Weighted average Shares of Class A Stock and Common Stock outstanding for basic earnings (loss) per share (in millions)		25.2		28.3
Dilutive effect of 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)		25.2		28.3
Earnings (loss) per share of Class A Stock and Common Stock:
Basic	$	(2.83)	$	(2.21)
Diluted	$	(2.83)	$	(2.21)
Anti-dilutive shares pursuant to stock-based compensation plans*		1.6		1.7

* The Company experienced a net loss for the three months ended August 31, 2025 and August 31, 2024 and therefore did not report any dilutive share impact. The following potential common shares were excluded from the loss per diluted share computation as of August 31, 2025: outstanding options and restricted stock units of 2.6 million and 0.5 million, respectively.

As of August 31, 2025, $70.0 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.