Annual report pursuant to Section 13 and 15(d)

Net Income Per Common Share Attributable to CBI (Tables)

v3.19.1
Net Income Per Common Share Attributable to CBI (Tables)
 12 Months Ended
Feb. 28, 2019
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 Years Ended
 
February 28, 2019
 
February 28, 2018
 
February 28, 2017
 
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
$
3,049.5

 
$
386.4

 
$
2,049.9

 
$
253.5

 
$
1,364.3

 
$
164.3

Conversion of Class B common shares into Class A common shares
386.4

 
—

 
253.5

 
—

 
164.3

 
—

Effect of stock-based awards on allocated net income
—

 
(8.3
)
 
—

 
(6.3
)
 
—

 
(3.1
)
Net income attributable to CBI allocated – diluted
$
3,435.9

 
$
378.1

 
$
2,303.4

 
$
247.2

 
$
1,528.6

 
$
161.2

 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding – basic
167.249

 
23.321

 
171.457

 
23.336

 
175.934

 
23.353

Conversion of Class B common shares into Class A common shares
23.321

 
—

 
23.336

 
—

 
23.353

 
—

Stock-based awards, primarily stock options
4.962

 
—

 
5.952

 
—

 
4.812

 
—

Weighted average common shares outstanding – diluted
195.532

 
23.321

 
200.745

 
23.336

 
204.099

 
23.353

 
 
 
 
 
 
 
 
 
 
 
 
Net income per common share attributable to CBI – basic
$
18.24

 
$
16.57

 
$
11.96

 
$
10.86

 
$
7.76

 
$
7.04

Net income per common share attributable to CBI – diluted
$
17.57

 
$
16.21

 
$
11.47

 
$
10.59

 
$
7.49

 
$
6.90