Earnings Per Share (Tables)

3 Months Ended

Aug. 31, 2022

Earnings Per Share [Abstract]

Reconciliation of Numerator and Denominator of Basic and Diluted Earnings Per Share

The following table sets forth the reconciliation of the numerator and denominator of basic and diluted earnings per share for the three-month periods ended August 31, 2022 and 2021.

	Three Months Ended
	August 31,			August 31,
(In thousands, except per share amounts)	2022			2021
Numerator for earnings per share:
Net income attributable to RPM International Inc. stockholders	$	169,013		$	134,582
Less: Allocation of earnings and dividends to participating securities		(1,312	)		(1,142	)
Net income available to common shareholders - basic		167,701			133,440
Add: Undistributed earnings reallocated to unvested shareholders		4			4
Net income available to common shareholders - diluted	$	167,705		$	133,444
Denominator for basic and diluted earnings per share:
Basic weighted average common shares		127,617			128,083
Average diluted options and awards		544			487
Total shares for diluted earnings per share (1)		128,161			128,570
Earnings Per Share of Common Stock Attributable to
RPM International Inc. Stockholders:
Basic Earnings Per Share of Common Stock	$	1.31		$	1.04
Method used to calculate basic earnings per share	Two-class			Two-class
Diluted Earnings Per Share of Common Stock	$	1.31		$	1.04
Method used to calculate diluted earnings per share	Two-class			Two-class

(1) For the three months ended August 31, 2022 and 2021, approximately 715,000 and 837,700 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.