v3.22.2.2
Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Aug. 31, 2022
Aug. 31, 2021
Revenue:    
Total service revenue $ 1,188.3 $ 1,068.4
Interest on funds held for clients 17.9 14.5
Total revenue 1,206.2 1,082.9
Expenses:    
Cost of service revenue 351.0 312.5
Selling, general and administrative expenses 359.6 327.5
Total expenses 710.6 640.0
Operating income 495.6 442.9
Other (expense)/income, net (3.6) 1.0
Income before income taxes 492.0 443.9
Income taxes 112.8 110.3
Net income 379.2 333.6
Other comprehensive loss, net of tax (37.5) (6.7)
Comprehensive income $ 341.7 $ 326.9
Basic earnings per share $ 1.05 $ 0.93
Diluted earnings per share $ 1.05 $ 0.92
Weighted-average common shares outstanding 360.1 360.1
Weighted-average common shares outstanding, assuming dilution 362.4 362.8
Management Solutions [Member]    
Revenue:    
Total service revenue $ 905.5 $ 805.5
PEO And Insurance Solutions [Member]    
Revenue:    
Total service revenue $ 282.8 $ 262.9

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