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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Aug. 31, 2021
Aug. 31, 2020
Income Statement [Abstract]    
Net Sales $ 1,650,420 $ 1,606,670
Cost of Sales 1,037,069 953,015
Gross Profit 613,351 653,655
Selling, General and Administrative Expenses 418,850 395,953
Restructuring Expense 1,010 4,233
Interest Expense 21,109 21,745
Investment (Income), Net (5,750) (12,763)
Other (Income) Expense, Net (3,339) 3,118
Income Before Income Taxes 181,471 241,369
Provision for Income Taxes 46,676 60,584
Net Income 134,795 180,785
Less: Net Income Attributable to Noncontrolling Interests 213 190
Net Income Attributable to RPM International Inc. Stockholders $ 134,582 $ 180,595
Average Number of Shares of Common Stock Outstanding:    
Basic 128,083 128,418
Diluted [1] 128,570 128,783
Earnings per Share of Common Stock Attributable to RPM International Inc. Stockholders:    
Basic $ 1.04 $ 1.39
Diluted $ 1.04 $ 1.39
[1] Restricted shares totaling 157,700 and 225,500 for the three months ended August 31, 2021 and 2020, respectively, were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive. In addition, stock appreciation rights (“SARs”) totaling 680,000 and 360,000 for the three months ended August 31, 2021 and 2020, respectively, were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive.