Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Common Share Attributable to CBI (Tables)

v3.10.0.1
Net Income Per Common Share Attributable to CBI (Tables)
6 Months Ended
Aug. 31, 2018
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 Six Months Ended
 
August 31, 2018
 
August 31, 2017
 
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
$
1,680.7

 
$
212.6

 
$
801.3

 
$
98.8

Conversion of Class B common shares into Class A common shares
212.6

 

 
98.8

 

Effect of stock-based awards on allocated net income

 
(5.2
)
 

 
(2.3
)
Net income attributable to CBI allocated – diluted
$
1,893.3

 
$
207.4

 
$
900.1

 
$
96.5

 
 
 
 
 
 
 
 
Weighted average common shares outstanding – basic
167.617

 
23.325

 
171.821

 
23.341

Conversion of Class B common shares into Class A common shares
23.325

 

 
23.341

 

Stock-based awards, primarily stock options
5.526

 

 
6.037

 

Weighted average common shares outstanding – diluted
196.468

 
23.325

 
201.199

 
23.341

 
 
 
 
 
 
 
 
Net income per common share attributable to CBI – basic
$
10.03

 
$
9.11

 
$
4.66

 
$
4.23

Net income per common share attributable to CBI – diluted
$
9.64

 
$
8.89

 
$
4.47

 
$
4.13

 
 
 
 
 
 
 
 
 
For the Three Months Ended
 
August 31, 2018
 
August 31, 2017
 
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
$
1,020.0

 
$
129.5

 
$
446.6

 
$
55.0

Conversion of Class B common shares into Class A common shares
129.5

 

 
55.0

 

Effect of stock-based awards on allocated net income

 
(3.2
)
 

 
(1.3
)
Net income attributable to CBI allocated – diluted
$
1,149.5

 
$
126.3

 
$
501.6

 
$
53.7

 
 
 
 
 
 
 
 
Weighted average common shares outstanding – basic
167.172

 
23.323

 
172.087

 
23.338

Conversion of Class B common shares into Class A common shares
23.323

 

 
23.338

 

Stock-based awards, primarily stock options
5.412

 

 
5.921

 

Weighted average common shares outstanding – diluted
195.907

 
23.323

 
201.346

 
23.338

 
 
 
 
 
 
 
 
Net income per common share attributable to CBI – basic
$
6.11

 
$
5.55

 
$
2.59

 
$
2.36

Net income per common share attributable to CBI – diluted
$
5.87

 
$
5.41

 
$
2.49

 
$
2.30