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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
May 31, 2022
May 31, 2021
May 31, 2020
Income Statement [Abstract]      
Net Sales [1] $ 6,707,728 $ 6,106,288 $ 5,506,994
Cost of Sales 4,274,675 3,701,129 3,414,139
Gross Profit 2,433,053 2,405,159 2,092,855
Selling, General and Administrative Expenses 1,788,284 1,664,026 1,548,653
Restructuring Expense 6,276 18,106 33,108
Interest Expense 87,928 85,400 101,003
Investment Expense (Income), Net 7,595 (44,450) (9,739)
(Gain) on Sales of Assets, Net (51,983)    
Other (Income) Expense, Net (11,846) 13,639 12,066
Income Before Income Taxes 606,799 668,438 407,764
Provision for Income Taxes 114,333 164,938 102,682
Net Income 492,466 503,500 305,082
Less: Net Income Attributable to Noncontrolling Interests 985 857 697
Net Income Attributable to RPM International Inc. Stockholders $ 491,481 $ 502,643 $ 304,385
Average Number of Shares of Common Stock Outstanding:      
Basic 127,948 128,334 128,468
Diluted [2] 129,580 128,927 129,974
Earnings per Share of Common Stock Attributable to RPM International Inc. Stockholders:      
Basic $ 3.81 $ 3.89 $ 2.35
Diluted $ 3.79 $ 3.87 $ 2.34
[1] It is not practicable to obtain the information needed to disclose revenues attributable to each of our product lines.
[2] For the years ended May 31, 2022, 2021 and 2020, approximately 655,000, 362,016 and 340,000 shares of stock, respectively, granted under stock-based compensation plans were excluded from the calculation of diluted EPS, as the effect would have been anti-dilutive.