Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Common Share Attributable to CBI (Tables)

v3.8.0.1
Net Income Per Common Share Attributable to CBI (Tables)
9 Months Ended
Nov. 30, 2017
Earnings Per Share [Abstract]  
Basic and diluted net income per common share attributable to CBI
The computation of basic and diluted net income per common share is as follows:
 
For the Nine Months Ended
 
November 30, 2017
 
November 30, 2016
 
Common Stock
 
Common Stock
 
Class A
 
Class B
 
Class A
 
Class B
(in millions, except per share data)
 
 
 
 
 
 
 
Net income attributable to CBI allocated – basic
$
1,240.4

 
$
153.0

 
$
967.5

 
$
115.6

Conversion of Class B common shares into Class A common shares
153.0

 

 
115.6

 

Effect of stock-based awards on allocated net income

 
(3.6
)
 

 
(2.2
)
Net income attributable to CBI allocated – diluted
$
1,393.4

 
$
149.4

 
$
1,083.1

 
$
113.4

 
 
 
 
 
 
 
 
Weighted average common shares outstanding – basic
171.854

 
23.339

 
177.171

 
23.353

Conversion of Class B common shares into Class A common shares
23.339

 

 
23.353

 

Stock-based awards, primarily stock options
5.990

 

 
4.960

 

Weighted average common shares outstanding – diluted
201.183

 
23.339

 
205.484

 
23.353

 
 
 
 
 
 
 
 
Net income per common share attributable to CBI – basic
$
7.22

 
$
6.55

 
$
5.46

 
$
4.95

Net income per common share attributable to CBI – diluted
$
6.93

 
$
6.40

 
$
5.27

 
$
4.86

 
 
 
 
 
 
 
 
 
For the Three Months Ended
 
November 30, 2017
 
November 30, 2016
 
Common Stock
 
Common Stock
 
Class A
 
Class B
 
Class A
 
Class B
(in millions, except per share data)
 
 
 
 
 
 
 
Net income attributable to CBI allocated – basic
$
437.2

 
$
53.9

 
$
362.6

 
$
43.3

Conversion of Class B common shares into Class A common shares
53.9

 

 
43.3

 

Effect of stock-based awards on allocated net income

 
(1.3
)
 

 
(0.8
)
Net income attributable to CBI allocated – diluted
$
491.1

 
$
52.6

 
$
405.9

 
$
42.5

 
 
 
 
 
 
 
 
Weighted average common shares outstanding – basic
171.922

 
23.333

 
177.513

 
23.353

Conversion of Class B common shares into Class A common shares
23.333

 

 
23.353

 

Stock-based awards, primarily stock options
5.922

 

 
4.589

 

Weighted average common shares outstanding – diluted
201.177

 
23.333

 
205.455

 
23.353

 
 
 
 
 
 
 
 
Net income per common share attributable to CBI – basic
$
2.54

 
$
2.31

 
$
2.04

 
$
1.85

Net income per common share attributable to CBI – diluted
$
2.44

 
$
2.26

 
$
1.98

 
$
1.82