The computation of basic and diluted earnings per common share is as follows:
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For the Years Ended |
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February 28, 2013 |
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February 29, 2012 |
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February 28, 2011 |
(in millions, except per share data) |
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Income available to common stockholders |
$ |
387.8 |
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$ |
445.0 |
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$ |
559.5 |
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Weighted average common shares outstanding – basic: |
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Class A Common Stock |
158.658 |
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180.724 |
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187.224 |
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Class B Convertible Common Stock |
23.532 |
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23.590 |
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23.686 |
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Weighted average common shares outstanding – diluted: |
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Class A Common Stock |
158.658 |
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180.724 |
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187.224 |
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Class B Convertible Common Stock |
23.532 |
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23.590 |
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23.686 |
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Stock-based awards, primarily stock options |
8.117 |
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4.341 |
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2.855 |
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Weighted average common shares outstanding – diluted |
190.307 |
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208.655 |
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213.765 |
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Earnings per common share – basic: |
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Class A Common Stock |
$ |
2.15 |
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$ |
2.20 |
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$ |
2.68 |
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Class B Convertible Common Stock |
$ |
1.96 |
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$ |
2.00 |
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$ |
2.44 |
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Earnings per common share – diluted: |
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Class A Common Stock |
$ |
2.04 |
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$ |
2.13 |
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$ |
2.62 |
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Class B Convertible Common Stock |
$ |
1.87 |
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$ |
1.96 |
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$ |
2.40 |
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