| EARNINGS PER SHARE |
EARNINGS PER SHARE The following table sets forth the computation of the Company’s basic and diluted earnings per share: | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | May 31, 2026 | | June 1, 2025 | | May 31, 2026 | | June 1, 2025 | | | | | | | | | | | (Dollars in millions, except per share amounts) | | Numerator: | | | | | | | | Net income from continuing operations | $ | 94.8 | | | $ | 79.6 | | | $ | 271.9 | | | $ | 219.8 | | | Net loss from discontinued operations, net of taxes | (7.5) | | | (12.6) | | | (8.8) | | | (17.8) | | Net income | $ | 87.3 | | | $ | 67.0 | | | $ | 263.1 | | | $ | 202.0 | | | Denominator: | | | | | | | | | Weighted-average common shares outstanding - basic | 385,982,038 | | | 396,411,904 | | | 387,976,602 | | | 396,498,984 | | | Dilutive effect of stock awards | 3,647,178 | | | 2,637,045 | | | 4,323,660 | | | 3,607,241 | | | Weighted-average common shares outstanding - diluted | 389,629,216 | | | 399,048,949 | | | 392,300,262 | | | 400,106,225 | | Earnings (loss) per common share: | | | | | | | | Continuing operations - Basic | $ | 0.25 | | | $ | 0.20 | | | $ | 0.70 | | | $ | 0.55 | | Discontinued operations - Basic | (0.02) | | | (0.03) | | | (0.02) | | | (0.04) | | Net income - Basic | $ | 0.23 | | | $ | 0.17 | | | $ | 0.68 | | | $ | 0.51 | | | | | | | | | | Continuing operations - Diluted | $ | 0.24 | | | $ | 0.20 | | | $ | 0.69 | | | $ | 0.55 | | Discontinued operations - Diluted | (0.02) | | | (0.03) | | | (0.02) | | | (0.04) | | Net income - Diluted | $ | 0.22 | | | $ | 0.17 | | | $ | 0.67 | | | $ | 0.51 | | Anti-dilutive securities excluded from calculation of diluted earnings per share | 2,919,519 | | | 8,016,795 | | | 2,035,309 | | | 6,177,418 | |
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