v3.20.2
Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Aug. 31, 2020
Aug. 31, 2019
Revenue:    
Total service revenue $ 917.3 $ 971.5
Interest on funds held for clients 14.9 20.5
Total revenue 932.2 992.0
Expenses:    
Cost of service revenue 307.1 325.4
Selling, general and administrative expenses 341.1 317.5
Total expenses 648.2 642.9
Operating income 284.0 349.1
Other expense, net (7.9) (4.8)
Income before income taxes 276.1 344.3
Income taxes 64.5 80.1
Net income 211.6 264.2
Other comprehensive income, net of tax 23.0 26.4
Comprehensive income $ 234.6 $ 290.6
Basic earnings per share $ 0.59 $ 0.74
Diluted earnings per share $ 0.59 $ 0.73
Weighted-average common shares outstanding 359.1 358.6
Weighted-average common shares outstanding, assuming dilution 361.3 361.5
Management Solutions [Member]    
Revenue:    
Total service revenue $ 687.4 $ 724.5
PEO And Insurance Solutions [Member]    
Revenue:    
Total service revenue $ 229.9 $ 247.0

Source