The computation of basic and diluted earnings per common share is as follows:
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For the Six Months
Ended August 31, |
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For the Three Months
Ended August 31, |
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2012 |
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2011 |
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2012 |
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2011 |
(in millions, except per share data) |
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Income available to common stockholders |
$ |
196.6 |
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$ |
237.2 |
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$ |
124.6 |
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$ |
162.7 |
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Weighted average common shares outstanding – basic: |
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Class A Common Stock |
158.527 |
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186.837 |
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154.794 |
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186.629 |
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Class B Convertible Common Stock |
23.545 |
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23.599 |
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23.536 |
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23.593 |
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Weighted average common shares outstanding – diluted: |
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Class A Common Stock |
158.527 |
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186.837 |
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154.794 |
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186.629 |
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Class B Convertible Common Stock |
23.545 |
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23.599 |
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23.536 |
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23.593 |
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Stock-based awards, primarily stock options |
5.386 |
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3.970 |
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6.310 |
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3.423 |
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Weighted average common shares outstanding – diluted |
187.458 |
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214.406 |
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184.640 |
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213.645 |
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Earnings per common share – basic: |
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Class A Common Stock |
$ |
1.09 |
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$ |
1.14 |
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$ |
0.71 |
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$ |
0.78 |
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Class B Convertible Common Stock |
$ |
0.99 |
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$ |
1.04 |
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$ |
0.64 |
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$ |
0.71 |
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Earnings per common share – diluted: |
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Class A Common Stock |
$ |
1.05 |
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$ |
1.11 |
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$ |
0.67 |
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$ |
0.76 |
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Class B Convertible Common Stock |
$ |
0.96 |
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$ |
1.02 |
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$ |
0.62 |
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$ |
0.70 |
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