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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Feb. 28, 2013
Feb. 29, 2012
Feb. 28, 2013
Feb. 29, 2012
Net Sales $ 843,736 $ 773,643 $ 2,907,876 $ 2,675,646
Cost of Sales 500,172 470,443 1,705,431 1,593,799
Gross Profit 343,564 303,200 1,202,445 1,081,847
Selling, General and Administrative Expenses 318,638 277,456 955,339 833,553
Estimated Loss Contingency 68,846   68,846  
Interest Expense 20,506 17,897 58,804 53,612
Investment (Income), Net (6,317) (2,190) (14,655) (3,259)
Other Expense (Income), Net 4,714 (1,399) 53,830 (8,369)
Income (Loss) Before Income Taxes (62,823) 11,436 80,281 206,310
Provision (Benefit) for Income Taxes (20,631) 3,512 38,519 61,127
Net Income (Loss) (42,192) 7,924 41,762 145,183
Less: Net Income Attributable to Noncontrolling Interests 164 1,299 8,537 11,816
Net Income (Loss) Attributable to RPM International Inc. Stockholders $ (42,356) $ 6,625 $ 33,225 $ 133,367
Average Number of Shares of Common Stock Outstanding:        
Basic 129,013 [1] 128,121 [1] 128,900 [1] 128,072 [1]
Diluted 129,013 [2] 130,377 [2] 129,722 [2] 128,627 [2]
Earnings (loss) per Share of Common Stock Attributable to RPM International Inc. Stockholders:        
Basic $ (0.33) $ 0.05 $ 0.25 $ 1.02
Diluted $ (0.33) $ 0.05 $ 0.25 $ 1.02
Cash Dividends Declared per Share of Common Stock $ 0.225 $ 0.215 $ 0.665 $ 0.640
[1] For the three month period ended February 28, 2013, basic weighted-average shares outstanding are used in calculating diluted earnings per share as a result of the reported loss for the period. For the three month period ended February 29, 2012, approximately 2,811,000 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.
[2] For the nine month periods ended February 28, 2013 and February 29, 2012, approximately 3,063,000 shares and 2,618,000 shares of stock, respectively, granted under stock-based compensation plans were excluded from the calculation of diluted EPS for those periods, as the effect would have been anti-dilutive.