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Quarterly Information (Unaudited) (Tables)
 12 Months Ended
May 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Result of Operations

The following is a summary of the quarterly results of operations for the years ended May 31, 2017 and 2016:

 

 

 

For Quarter Ended

 

(In thousands, except per share amounts)

 

August 31

 

 

November 30 (a)

 

 

February 28

 

 

May 31

 

2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Sales

 

$

1,252,063

 

 

$

1,190,770

 

 

$

1,022,496

 

 

$

1,492,846

 

Gross Profit

 

$

552,042

 

 

$

521,681

 

 

$

428,573

 

 

$

663,392

 

Net Income Attributable to

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RPM International Inc. Stockholders

 

$

112,769

 

 

$

(70,926

)

 

$

11,928

 

 

$

128,052

 

Basic Earnings Per Share

 

$

0.85

 

 

$

(0.54

)

 

$

0.09

 

 

$

0.96

 

Diluted Earnings Per Share

 

$

0.83

 

 

$

(0.54

)

 

$

0.09

 

 

$

0.94

 

Dividends Per Share

 

$

0.275

 

 

$

0.300

 

 

$

0.300

 

 

$

0.300

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(In thousands, except per share amounts)

 

August 31

 

 

November 30

 

 

February 29

 

 

May 31

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Sales

 

$

1,242,526

 

 

$

1,155,984

 

 

$

988,555

 

 

$

1,426,584

 

Gross Profit

 

$

532,958

 

 

$

493,934

 

 

$

412,962

 

 

$

647,194

 

Net Income Attributable to

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RPM International Inc. Stockholders

 

$

99,815

 

 

$

83,433

 

 

$

18,582

 

 

$

152,895

 

Basic Earnings Per Share

 

$

0.76

 

 

$

0.63

 

 

$

0.14

 

 

$

1.16

 

Diluted Earnings Per Share

 

$

0.74

 

 

$

0.62

 

 

$

0.14

 

 

$

1.13

 

Dividends Per Share

 

$

0.260

 

 

$

0.275

 

 

$

0.275

 

 

$

0.275

 

 

(a)

Reflects the pretax goodwill and intangible asset impairment losses of $188.3 million related to our Kirker reporting unit.  Refer to Note B, “Goodwill and Other Intangible Assets,” for further information.  Also reflects $12.3 million pretax charge relating to the Flowcrete decision to exit the Middle East.