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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Feb. 29, 2016
Feb. 28, 2015
Feb. 29, 2016
Feb. 28, 2015
Income Statement [Abstract]        
Net Sales $ 988,555 $ 946,367 $ 3,387,065 $ 3,221,391
Cost of Sales 575,593 566,629 1,947,211 1,879,317
Gross Profit 412,962 379,738 1,439,854 1,342,074
Selling, General and Administrative Expenses 370,913 346,171 1,096,361 1,027,585
Interest Expense 23,140 21,493 68,078 60,312
Investment (Income), Net (2,909) (7,693) (8,077) (16,554)
Other (Income), Net (88) (660) (876) (3,524)
Income (Expense) Before Income Taxes [1] 21,906 20,427 284,368 274,255
Provision for Income Taxes 2,613 99,379 80,564 174,512
Net Income (Loss) 19,293 (78,952) 203,804 99,743
Less: Net Income (Loss) Attributable to Noncontrolling Interests 711 (21,604) 1,974 (11,754)
Net Income (Loss) Attributable to RPM International Inc. Stockholders $ 18,582 $ (57,348) $ 201,830 $ 111,497
Average Number of Shares of Common Stock Outstanding:        
Basic 129,068 129,795 129,506 130,039
Diluted [2],[3] 129,068 129,795 136,848 134,995
Earnings (Loss) per Share of Common Stock Attributable to RPM International Inc. Stockholders:        
Basic $ 0.14 $ (0.44) $ 1.53 $ 0.84
Diluted 0.14 (0.44) 1.50 0.84
Cash Dividends Declared per Share of Common Stock $ 0.275 $ 0.260 $ 0.810 $ 0.760
[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 nine month period ended February 28, 2015, 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 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 29, 2016, 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. For the nine month period ended February 29, 2016, basic and diluted earnings per share are calculated under the two-class method and the treasury method, respectively, as those methods resulted in the most dilutive earnings per share.