Annual report pursuant to Section 13 and 15(d)

Net Income (Loss) Per Common Share Attributable to CBI

v3.24.1.u1
Net Income (Loss) Per Common Share Attributable to CBI
 12 Months Ended
Feb. 29, 2024
Earnings Per Share [Abstract]  
NET INCOME (LOSS) PER COMMON SHARE ATTRIBUTABLE TO CBI NET INCOME (LOSS) PER COMMON SHARE ATTRIBUTABLE TO CBI
The computation of basic and diluted net income (loss) per common share for the applicable years ended is as follows:
February 29, 2024
(in millions, except per share data)
Net income (loss) attributable to CBI $ 1,727.4 
Weighted average common shares outstanding – basic 183.307 
Stock-based awards, primarily stock options 0.652 
Weighted average common shares outstanding – diluted 183.959 
Net income (loss) per common share attributable to CBI – basic $ 9.42 
Net income (loss) per common share attributable to CBI – diluted $ 9.39 
February 28, 2023 February 28, 2022
Class A
Stock (1)
Class B
Stock (2)
Class A
Stock (1)
Class B
Stock
(in millions, except per share data)
Net income (loss) attributable to CBI allocated – basic and diluted
 $ (24.0) $ (47.0) $ (35.8) $ (4.6)
Weighted average common shares outstanding – basic and diluted (2)
169.337  23.206  167.431  23.225 
Net income (loss) per common share attributable to CBI – basic and diluted
 $ (0.11) $ (2.02) $ (0.22) $ (0.20)
(1)
We have excluded the following weighted average common shares outstanding from the calculation of diluted net income (loss) per common share, as the effect of including these would have been anti-dilutive, in millions:
For the Years Ended
February 28, 2023 February 28, 2022
Class B Stock 16.149  23.225
Stock-based awards, primarily stock options 0.713  1.566
(2)
Net income (loss) per common share attributable to CBI for Class B Stock was determined through November 10, 2022, the date the Reclassification was completed.