Annual report pursuant to Section 13 and 15(d)

Net Income Per Common Share Attributable to CBI

v3.7.0.1
Net Income Per Common Share Attributable to CBI
 12 Months Ended
Feb. 28, 2017
Earnings Per Share [Abstract]  
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO CBI
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, 2017
 
February 29, 2016
 
February 28, 2015
 
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
$
1,370.1

 
$
165.0

 
$
940.0

 
$
114.9

 
$
745.6

 
$
93.7

Conversion of Class B common shares into Class A common shares
165.0

 
—

 
114.9

 
—

 
93.7

 
—

Effect of stock-based awards on allocated net income
—

 
(3.1
)
 
—

 
(3.1
)
 
—

 
(4.0
)
Net income attributable to CBI allocated – diluted
$
1,535.1

 
$
161.9

 
$
1,054.9

 
$
111.8

 
$
839.3

 
$
89.7

 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding – basic
175.934

 
23.353

 
173.383

 
23.363

 
169.325

 
23.397

Conversion of Class B common shares into Class A common shares
23.353

 
—

 
23.363

 
—

 
23.397

 
—

Stock-based awards, primarily stock options
4.812

 
—

 
7.075

 
—

 
8.502

 
—

Weighted average common shares outstanding – diluted
204.099

 
23.353

 
203.821

 
23.363

 
201.224

 
23.397

 
 
 
 
 
 
 
 
 
 
 
 
Net income per common share attributable to CBI – basic
$
7.79

 
$
7.07

 
$
5.42

 
$
4.92

 
$
4.40

 
$
4.00

Net income per common share attributable to CBI – diluted
$
7.52

 
$
6.93

 
$
5.18

 
$
4.79

 
$
4.17

 
$
3.83