XML 66 R59.htm IDEA: XBRL DOCUMENT v3.24.1
Earnings Per Share - Reconciliation of Numerator and Denominator of Basic and Diluted Earnings Per Share (Detail) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Feb. 29, 2024
Feb. 28, 2023
Feb. 29, 2024
Feb. 28, 2023
Numerator for earnings per share:        
Net income attributable to RPM International Inc. stockholders $ 61,199 $ 26,974 $ 407,786 $ 327,331
Less: Allocation of earnings and dividends to participating securities (279) (274) (1,840) (1,593)
Net income available to common shareholders - basic 60,920 26,700 405,946 325,738
Reverse: Allocation of earnings and dividends to participating securities 0 0 0 1,593
Add: Undistributed earnings reallocated to unvested shareholders 0 0 5 0
Net income available to common shareholders - diluted $ 60,920 $ 26,700 $ 405,951 $ 327,331
Denominator for basic and diluted earnings per share:        
Basic weighted average common shares 127,781 127,495 127,803 127,564
Average diluted options and awards 553 540 512 1,225
Total shares for diluted earnings per share [1] 128,334 128,035 128,315 128,789
Earnings Per Share of Common Stock Attributable to RPM International Inc. Stockholders:        
Basic Earnings Per Share of Common Stock $ 0.48 $ 0.21 $ 3.18 $ 2.55
Method used to calculate basic earnings per share Two-class Two-class Two-class Two-class
Diluted Earnings Per Share of Common Stock $ 0.47 $ 0.21 $ 3.16 $ 2.54
Method used to calculate diluted earnings per share Two-class Two-class Two-class Treasury
[1] For the three and nine months ended February 29, 2024, approximately 300,000 and 250,000 shares of stock granted under stock-based compensation plans were excluded from the calculation of diluted EPS, as the effect would have been anti-dilutive. For the three and nine months ended February 28, 2023, approximately 680,000 shares of stock granted under stock-based compensation plans were excluded from the calculation of diluted EPS, as the effect would have been anti-dilutive.