XML 51 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Aug. 31, 2015
Aug. 31, 2014
Net Sales $ 1,242,526 $ 1,203,896
Cost of Sales 709,568 695,503
Gross Profit 532,958 508,393
Selling, General and Administrative Expenses 372,854 346,525
Interest Expense 22,460 19,415
Investment (Income), Net (4,068) (3,803)
Other (Income), Net (489) (1,822)
Income (Loss) Before Income Taxes [1] 142,201 148,078
Provision for Income Taxes 41,839 43,239
Net Income 100,362 104,839
Less: Net Income Attributable to Noncontrolling Interests 547 5,760
Net Income Attributable to RPM International Inc. Stockholders $ 99,815 $ 99,079
Average Number of Shares of Common Stock Outstanding:    
Basic 130,045 130,094
Diluted 137,307 135,032
Earnings per Share of Common Stock Attributable to RPM International Inc. Stockholders:    
Basic $ 0.76 $ 0.74
Diluted [2] 0.74 0.73
Cash Dividends Declared per Share of Common Stock $ 0.260 $ 0.240
[1] The presentation includes a reconciliation of Income (Loss) Before Income Taxes, a measure defined by Generally Accepted Accounting Principles (GAAP) in the United States, to EBIT.
[2] For the quarters ended August 31, 2015 and 2014, approximately 2,201,000 and 3,034,000 shares of stock, respectively, granted under stock-based compensation plans were excluded from the calculation of diluted earnings per share, as the effect would have been anti-dilutive.