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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Nov. 30, 2014
Nov. 30, 2013
Nov. 30, 2014
Nov. 30, 2013
Net Sales $ 1,071,128us-gaap_SalesRevenueNet $ 1,071,487us-gaap_SalesRevenueNet $ 2,275,024us-gaap_SalesRevenueNet $ 2,236,161us-gaap_SalesRevenueNet
Cost of Sales 617,185us-gaap_CostOfGoodsSold 613,542us-gaap_CostOfGoodsSold 1,312,688us-gaap_CostOfGoodsSold 1,279,144us-gaap_CostOfGoodsSold
Gross Profit 453,943us-gaap_GrossProfit 457,945us-gaap_GrossProfit 962,336us-gaap_GrossProfit 957,017us-gaap_GrossProfit
Selling, General and Administrative Expenses 334,889us-gaap_SellingGeneralAndAdministrativeExpense 343,048us-gaap_SellingGeneralAndAdministrativeExpense 681,414us-gaap_SellingGeneralAndAdministrativeExpense 678,507us-gaap_SellingGeneralAndAdministrativeExpense
Interest Expense 19,404us-gaap_InterestExpense 20,809us-gaap_InterestExpense 38,819us-gaap_InterestExpense 41,534us-gaap_InterestExpense
Investment (Income), Net (5,058)rpm_NetInvestmentIncomeAndOtherIncome (2,005)rpm_NetInvestmentIncomeAndOtherIncome (8,861)rpm_NetInvestmentIncomeAndOtherIncome (5,899)rpm_NetInvestmentIncomeAndOtherIncome
Other (Income), Net (1,042)us-gaap_OtherNonoperatingIncomeExpense (1,491)us-gaap_OtherNonoperatingIncomeExpense (2,864)us-gaap_OtherNonoperatingIncomeExpense (1,925)us-gaap_OtherNonoperatingIncomeExpense
Income (Loss) Before Income Taxes 105,750us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 97,584us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 253,828us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 244,800us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision for Income Taxes 31,894us-gaap_IncomeTaxExpenseBenefit 29,170us-gaap_IncomeTaxExpenseBenefit 75,133us-gaap_IncomeTaxExpenseBenefit 69,497us-gaap_IncomeTaxExpenseBenefit
Net Income 73,856us-gaap_ProfitLoss 68,414us-gaap_ProfitLoss 178,695us-gaap_ProfitLoss 175,303us-gaap_ProfitLoss
Less: Net Income Attributable to Noncontrolling Interests 4,090us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 4,852us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 9,850us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 8,643us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net Income Attributable to RPM International Inc. Stockholders $ 69,766us-gaap_NetIncomeLoss $ 63,562us-gaap_NetIncomeLoss $ 168,845us-gaap_NetIncomeLoss $ 166,660us-gaap_NetIncomeLoss
Average Number of Shares of Common Stock Outstanding:        
Basic 130,028us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 129,426us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 130,061us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 129,385us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 134,966us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [1],[2] 130,418us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [1],[2] 135,000us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [1],[2] 130,359us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [1],[2]
Earnings per Share of Common Stock Attributable to RPM International Inc. Stockholders:        
Basic $ 0.52us-gaap_EarningsPerShareBasic $ 0.48us-gaap_EarningsPerShareBasic $ 1.27us-gaap_EarningsPerShareBasic $ 1.26us-gaap_EarningsPerShareBasic
Diluted $ 0.52us-gaap_EarningsPerShareDiluted $ 0.48us-gaap_EarningsPerShareDiluted $ 1.24us-gaap_EarningsPerShareDiluted $ 1.25us-gaap_EarningsPerShareDiluted
Cash Dividends Declared per Share of Common Stock $ 0.260us-gaap_CommonStockDividendsPerShareDeclared $ 0.240us-gaap_CommonStockDividendsPerShareDeclared $ 0.500us-gaap_CommonStockDividendsPerShareDeclared $ 0.465us-gaap_CommonStockDividendsPerShareDeclared
[1] For the three month periods ended November 30, 2014 and 2013, respectively, approximately 3.2 million shares and 3.1 million 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 six month periods ended November 30, 2014 and 2013, respectively, approximately 3.0 million shares and 2.9 million 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.