Annual report pursuant to Section 13 and 15(d)

Earnings Per Common Share

v2.4.0.6
Earnings Per Common Share
 12 Months Ended
Feb. 28, 2013
Earnings Per Share [Abstract]  
EARNINGS PER COMMON SHARE
EARNINGS PER COMMON SHARE:

The computation of basic and diluted earnings per common share is as follows:
 
For the Years Ended
 
February 28, 2013
 
February 29, 2012
 
February 28, 2011
(in millions, except per share data)
 
 
 
 
 
Income available to common stockholders
$
387.8

 
$
445.0

 
$
559.5

 
 
 
 
 
 
Weighted average common shares outstanding – basic:
 
 
 
 
 
Class A Common Stock
158.658

 
180.724

 
187.224

Class B Convertible Common Stock
23.532

 
23.590

 
23.686

 
 
 
 
 
 
Weighted average common shares outstanding – diluted:
 
 
 
 
 
Class A Common Stock
158.658

 
180.724

 
187.224

Class B Convertible Common Stock
23.532

 
23.590

 
23.686

Stock-based awards, primarily stock options
8.117

 
4.341

 
2.855

Weighted average common shares outstanding – diluted
190.307

 
208.655

 
213.765

 
 
 
 
 
 
Earnings per common share – basic:
 
 
 
 
 
Class A Common Stock
$
2.15

 
$
2.20

 
$
2.68

Class B Convertible Common Stock
$
1.96

 
$
2.00

 
$
2.44

Earnings per common share – diluted:
 
 
 
 
 
Class A Common Stock
$
2.04

 
$
2.13

 
$
2.62

Class B Convertible Common Stock
$
1.87

 
$
1.96

 
$
2.40



For the years ended February 28, 2013, February 29, 2012, and February 28, 2011, stock-based awards, primarily stock options, which could result in the issuance of 0.3 million shares, 8.9 million shares and 20.7 million shares, respectively, of Class A Common Stock were outstanding, but were not included in the computation of earnings per common share – diluted for Class A Common Stock because the effect of including such awards would have been antidilutive.