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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Nov. 30, 2022
Nov. 30, 2021
Nov. 30, 2022
Nov. 30, 2021
Income Statement [Abstract]        
Net Sales $ 1,791,708 $ 1,639,538 $ 3,724,028 $ 3,289,959
Cost of Sales 1,101,317 1,056,924 2,289,166 2,093,994
Gross Profit 690,391 582,614 1,434,862 1,195,965
Selling, General and Administrative Expenses 490,607 437,709 975,812 856,676
Restructuring Expense 1,272 2,977 2,626 3,988
Interest Expense 27,918 21,002 54,629 42,111
Investment (Income) Expense, Net (6,851) 2,816 (3,187) (2,934)
(Gain) on Sales of Assets, Net   (42,124)   (42,242)
Other Expense (Income), Net 2,310 (2,920) 4,726 (6,259)
Income Before Income Taxes 175,135 163,154 400,256 344,625
Provision for Income Taxes 43,593 38,038 99,435 84,714
Net Income 131,542 125,116 300,821 259,911
Less: Net Income Attributable to Noncontrolling Interests 198 241 464 454
Net Income Attributable to RPM International Inc. Stockholders $ 131,344 $ 124,875 $ 300,357 $ 259,457
Average Number of Shares of Common Stock Outstanding:        
Basic 127,585 128,022 127,600 128,058
Diluted [1] 128,911 128,494 128,887 128,537
Earnings per Share of Common Stock Attributable to RPM International Inc. Stockholders:        
Basic $ 1.02 $ 0.97 $ 2.34 $ 2.01
Diluted $ 1.02 $ 0.96 $ 2.33 $ 2.00
[1] For the three months ended November 30, 2022 and 2021, approximately 700,000 and 660,000 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. For the six months ended November 30, 2022 and 2021, approximately 720,000 and 660,000 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.