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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, 2015
Feb. 28, 2014
Feb. 28, 2015
Feb. 28, 2014
Net Sales $ 946,367us-gaap_SalesRevenueNet $ 863,410us-gaap_SalesRevenueNet $ 3,221,391us-gaap_SalesRevenueNet $ 3,099,571us-gaap_SalesRevenueNet
Cost of Sales 566,629us-gaap_CostOfGoodsSold 505,384us-gaap_CostOfGoodsSold 1,879,317us-gaap_CostOfGoodsSold 1,784,528us-gaap_CostOfGoodsSold
Gross Profit 379,738us-gaap_GrossProfit 358,026us-gaap_GrossProfit 1,342,074us-gaap_GrossProfit 1,315,043us-gaap_GrossProfit
Selling, General and Administrative Expenses 346,171us-gaap_SellingGeneralAndAdministrativeExpense 322,205us-gaap_SellingGeneralAndAdministrativeExpense 1,027,585us-gaap_SellingGeneralAndAdministrativeExpense 1,000,712us-gaap_SellingGeneralAndAdministrativeExpense
Interest Expense 21,493us-gaap_InterestExpense 19,740us-gaap_InterestExpense 60,312us-gaap_InterestExpense 61,274us-gaap_InterestExpense
Investment (Income), Net (7,693)rpm_NetInvestmentIncomeAndOtherIncome (7,751)rpm_NetInvestmentIncomeAndOtherIncome (16,554)rpm_NetInvestmentIncomeAndOtherIncome (13,650)rpm_NetInvestmentIncomeAndOtherIncome
Other (Income), Net (660)us-gaap_OtherNonoperatingIncomeExpense (1,353)us-gaap_OtherNonoperatingIncomeExpense (3,524)us-gaap_OtherNonoperatingIncomeExpense (3,278)us-gaap_OtherNonoperatingIncomeExpense
Income (Loss) Before Income Taxes 20,427us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 25,185us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 274,255us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 269,985us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision for Income Taxes 99,379us-gaap_IncomeTaxExpenseBenefit 8,274us-gaap_IncomeTaxExpenseBenefit 174,512us-gaap_IncomeTaxExpenseBenefit 77,771us-gaap_IncomeTaxExpenseBenefit
Net (Loss) Income (78,952)us-gaap_ProfitLoss 16,911us-gaap_ProfitLoss 99,743us-gaap_ProfitLoss 192,214us-gaap_ProfitLoss
Less: Net (Loss) Income Attributable to Noncontrolling Interests (21,604)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 690us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (11,754)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 9,333us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net (Loss) Income Attributable to RPM International Inc. Stockholders $ (57,348)us-gaap_NetIncomeLoss $ 16,221us-gaap_NetIncomeLoss $ 111,497us-gaap_NetIncomeLoss $ 182,881us-gaap_NetIncomeLoss
Average Number of Shares of Common Stock Outstanding:        
Basic 129,795us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 129,453us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 130,039us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 129,407us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 129,795us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [1],[2] 129,453us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [1],[2] 134,995us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [1],[2] 131,569us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [1],[2]
Earnings (loss) per Share of Common Stock Attributable to RPM International Inc. Stockholders:        
Basic $ (0.44)us-gaap_EarningsPerShareBasic $ 0.12us-gaap_EarningsPerShareBasic $ 0.84us-gaap_EarningsPerShareBasic $ 1.38us-gaap_EarningsPerShareBasic
Diluted $ (0.44)us-gaap_EarningsPerShareDiluted $ 0.12us-gaap_EarningsPerShareDiluted $ 0.84us-gaap_EarningsPerShareDiluted $ 1.37us-gaap_EarningsPerShareDiluted
Cash Dividends Declared per Share of Common Stock $ 0.260us-gaap_CommonStockDividendsPerShareDeclared $ 0.240us-gaap_CommonStockDividendsPerShareDeclared $ 0.760us-gaap_CommonStockDividendsPerShareDeclared $ 0.705us-gaap_CommonStockDividendsPerShareDeclared
[1] For the three month period ended February 28, 2015, basic weighted-average shares outstanding and basic net income available to common shareholders under the treasury method are used in calculating basic and diluted earnings per share as a result of the reported loss for the period. For the three month period ended February 28, 2014, basic weighted-average shares outstanding and basic net income available to common shareholders are used in calculating diluted earnings per share under the two-class method, as that method resulted in the most dilutive earnings per share.
[2] For the nine month periods ended February 28, 2015 and 2014, approximately 2,995,000 and 3,019,000 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.