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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Aug. 31, 2017
Aug. 31, 2016
Income Statement [Abstract]    
Net Sales $ 1,345,394 $ 1,252,063
Cost of Sales 773,386 700,021
Gross Profit 572,008 552,042
Selling, General and Administrative Expenses 394,409 384,085
Interest Expense 26,773 22,778
Investment (Income), Net (4,453) (3,838)
Other (Income) Expense, Net (5) 542
Income Before Income Taxes 155,284 148,475
Provision for Income Taxes 38,381 35,081
Net Income 116,903 113,394
Less: Net Income Attributable to Noncontrolling Interests 487 625
Net Income Attributable to RPM International Inc. Stockholders $ 116,416 $ 112,769
Average Number of Shares of Common Stock Outstanding:    
Basic 131,236 130,600
Diluted [1] 135,720 135,241
Earnings per Share of Common Stock Attributable to RPM International Inc. Stockholders:    
Basic $ 0.87 $ 0.85
Diluted 0.86 0.83
Cash Dividends Declared per Share of Common Stock $ 0.300 $ 0.275
[1] Restricted shares totaling 43,380 for the three months ended August 31, 2017 were excluded from the calculation of diluted earnings per share because the grant price of the restricted shares exceeded the average market price of the shares during the period and their effect, accordingly, would have been anti-dilutive. There were no restricted shares identified as being anti-dilutive for the three months ended August 31, 2016. In addition, stock appreciation rights (“SARs”) totaling 600,000 for the three months ended August 31, 2017 and 1,170,000 for the three months ended August 31, 2016 were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive.