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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Feb. 28, 2025
Feb. 29, 2024
Feb. 28, 2025
Feb. 29, 2024
Income Statement [Abstract]        
Net Sales $ 1,476,562 $ 1,522,982 $ 5,290,669 $ 5,327,114
Cost of Sales 909,072 915,818 3,121,962 3,143,105
Gross Profit 567,490 607,164 2,168,707 2,184,009
Selling, General and Administrative Expenses 501,710 504,760 1,557,692 1,559,081
Restructuring Expense 3,456 6,359 18,215 14,096
Interest Expense 22,993 28,527 70,604 90,693
Investment (Income), Net (1,266) (18,665) (20,818) (36,393)
Other (Income) Expense, Net (354) 2,602 (1,370) 7,973
Income Before Income Taxes 40,951 83,581 544,384 548,559
(Benefit) Provision for Income Taxes (11,363) 22,103 80,066 139,953
Net Income 52,314 61,478 464,318 408,606
Less: Net Income Attributable to Noncontrolling Interests 280 279 1,388 820
Net Income Attributable to RPM International Inc. Stockholders $ 52,034 $ 61,199 $ 462,930 $ 407,786
Average Number of Shares of Common Stock Outstanding:        
Basic 127,536 127,781 127,628 127,803
Diluted [1] 128,154 128,334 128,315 128,315
Earnings per Share of Common Stock Attributable to RPM International Inc. Stockholders:        
Basic $ 0.41 $ 0.48 $ 3.61 $ 3.18
Diluted $ 0.4 $ 0.47 $ 3.59 $ 3.16
[1] The dilutive effect of performance-based restricted stock units is included when they have met minimum performance thresholds. The dilutive effect of SARs includes all outstanding awards except awards that are considered antidilutive. SARs are antidilutive when the exercise price exceeds the average market price of the Company’s common shares during the periods presented. For the three and nine months ended February 28, 2025, approximately 190,000 and 170,000 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 three and nine months ended February 29, 2024, approximately 300,000 and 250,000 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.