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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Nov. 30, 2015
Nov. 30, 2014
Nov. 30, 2015
Nov. 30, 2014
Income Statement [Abstract]        
Net Sales $ 1,155,984 $ 1,071,128 $ 2,398,510 $ 2,275,024
Cost of Sales 662,050 617,185 1,371,618 1,312,688
Gross Profit 493,934 453,943 1,026,892 962,336
Selling, General and Administrative Expenses 352,594 334,889 725,448 681,414
Interest Expense 22,478 19,404 44,938 38,819
Investment (Income), Net (1,100) (5,058) (5,168) (8,861)
Other (Income), Net (299) (1,042) (788) (2,864)
Income (Expense) Before Income Taxes [1] 120,261 105,750 262,462 253,828
Provision for Income Taxes 36,112 31,894 77,951 75,133
Net Income 84,149 73,856 184,511 178,695
Less: Net Income Attributable to Noncontrolling Interests 716 4,090 1,263 9,850
Net Income Attributable to RPM International Inc. Stockholders $ 83,433 $ 69,766 $ 183,248 $ 168,845
Average Number of Shares of Common Stock Outstanding:        
Basic 129,398 130,028 129,723 130,061
Diluted [2],[3] 136,734 134,966 137,072 135,000
Earnings per Share of Common Stock Attributable to RPM International Inc. Stockholders:        
Basic $ 0.63 $ 0.52 $ 1.39 $ 1.27
Diluted 0.62 0.52 1.36 1.24
Cash Dividends Declared per Share of Common Stock $ 0.275 $ 0.260 $ 0.535 $ 0.500
[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 six months ended November 30, 2014, approximately 3.0 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.
[3] For the three months ended November 30, 2014, approximately 3.2 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.