Current report filing

Net Income Per Common Share Attributable to CBI

v3.8.0.1
Net Income Per Common Share Attributable to CBI
 12 Months Ended
Feb. 28, 2017
Earnings Per Share [Abstract]  
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO CBI
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO CBI:

The computation of basic and diluted net income per common share is as follows:
 
For the Years Ended
 
February 28, 2017
 
February 29, 2016
 
February 28, 2015
 
Common Stock
 
Common Stock
 
Common Stock
 
Class A
 
Class B
 
Class A
 
Class B
 
Class A
 
Class B
(in millions, except per share data)
 
 
 
 
 
 
 
 
 
 
 
Net income attributable to CBI allocated – basic
$
1,370.1

 
$
165.0

 
$
940.0

 
$
114.9

 
$
745.6

 
$
93.7

Conversion of Class B common shares into Class A common shares
165.0

 
—

 
114.9

 
—

 
93.7

 
—

Effect of stock-based awards on allocated net income
—

 
(3.1
)
 
—

 
(3.1
)
 
—

 
(4.0
)
Net income attributable to CBI allocated – diluted
$
1,535.1

 
$
161.9

 
$
1,054.9

 
$
111.8

 
$
839.3

 
$
89.7

 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding – basic
175.934

 
23.353

 
173.383

 
23.363

 
169.325

 
23.397

Conversion of Class B common shares into Class A common shares
23.353

 
—

 
23.363

 
—

 
23.397

 
—

Stock-based awards, primarily stock options
4.812

 
—

 
7.075

 
—

 
8.502

 
—

Weighted average common shares outstanding – diluted
204.099

 
23.353

 
203.821

 
23.363

 
201.224

 
23.397

 
 
 
 
 
 
 
 
 
 
 
 
Net income per common share attributable to CBI – basic
$
7.79

 
$
7.07

 
$
5.42

 
$
4.92

 
$
4.40

 
$
4.00

Net income per common share attributable to CBI – diluted
$
7.52

 
$
6.93

 
$
5.18

 
$
4.79

 
$
4.17

 
$
3.83