Constellation Brands, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Common Share Attributable to CBI

Net Income Per Common Share Attributable to CBI

3 Months Ended

May. 31, 2015

NET INCOME PER COMMON SHARE ATTRIBUTABLE TO CBI

NET INCOME PER COMMON SHARE ATTRIBUTABLE TO CBI:

For the three months ended May 31, 2015, and May 31, 2014, net income per common share – diluted for Class A Common Stock has been calculated using the if-converted method. For the three months ended May 31, 2015, and May 31, 2014, net income per common share – diluted for Class B Convertible Common Stock is presented without assuming conversion into Class A Common Stock and is computed using the two-class computation method.

The computation of basic and diluted net income per common share is as follows:



	For the Three Months Ended May 31,
	2015		2014
(in millions, except per share data)
Net income attributable to CBI	$	238.6	$	206.7

Weighted average common shares outstanding – basic:
Class A Common Stock	171.370		168.158
Class B Convertible Common Stock	23.376		23.415

Weighted average common shares outstanding – diluted:
Class A Common Stock	171.370		168.158
Class B Convertible Common Stock	23.376		23.415
Stock-based awards, primarily stock options	8.109		8.785
Weighted average common shares outstanding – diluted	202.855		200.358



	For the Three Months Ended May 31,
	2015		2014
(in millions, except per share data)
Net income per common share attributable to CBI – basic:
Class A Common Stock	$	1.24	$	1.09
Class B Convertible Common Stock	$	1.12	$	0.99

Net income per common share attributable to CBI – diluted:
Class A Common Stock	$	1.18	$	1.03
Class B Convertible Common Stock	$	1.09	$	0.95