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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Nov. 30, 2017
Nov. 30, 2016
Nov. 30, 2017
Nov. 30, 2016
Income Statement [Abstract]        
Net Sales $ 1,315,416 $ 1,190,770 $ 2,660,810 $ 2,442,833
Cost of Sales 764,401 669,089 1,537,787 1,369,110
Gross Profit 551,015 521,681 1,123,023 1,073,723
Selling, General and Administrative Expenses 419,599 419,494 814,008 803,579
Goodwill and Other Intangible Asset Impairments   188,298   188,298
Interest Expense 26,396 22,905 53,169 45,683
Investment (Income), Net (3,739) (2,416) (8,192) (6,254)
Other (Income) Expense, Net (422) 257 (427) 799
Income (Loss) Before Income Taxes 109,181 (106,857) 264,465 41,618
Provision (Benefit) for Income Taxes 13,323 (36,601) 51,704 (1,520)
Net Income (Loss) 95,858 (70,256) 212,761 43,138
Less: Net Income Attributable to Noncontrolling Interests 395 670 882 1,295
Net Income (Loss) Attributable to RPM International Inc. Stockholders $ 95,463 $ (70,926) $ 211,879 $ 41,843
Average Number of Shares of Common Stock Outstanding:        
Basic 131,163 130,695 131,204 130,647
Diluted [1] 135,592 130,695 135,663 130,647
Earnings (Loss) per Share of Common Stock Attributable to RPM International Inc. Stockholders:        
Basic $ 0.72 $ (0.54) $ 1.59 $ 0.32
Diluted 0.70 (0.54) 1.56 0.32
Cash Dividends Declared per Share of Common Stock $ 0.320 $ 0.300 $ 0.620 $ 0.575
[1] Restricted shares totaling 123,262 and 99,612 for the three and six months ended November 30, 2017, respectively, 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 243,000 shares of restricted stock identified as being anti-dilutive for the three months ended November 30, 2016; and none identified as being anti-dilutive for the six months ended November 30, 2016. In addition, stock appreciation rights (“SARs”) totaling 600,000 for the three and six months ended November 30, 2017, and 1,170,000 for the three and six months ended November 30, 2016, were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive.