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Equity (Tables)
9 Months Ended
Feb. 28, 2018
Equity [Abstract]  
Components of Total Equity and Comprehensive Income

The following tables illustrate the components of total equity and comprehensive income for the three months ended February 28, 2018 and 2017:

 

(In thousands)

 

Total RPM

International

Inc. Equity

 

 

Noncontrolling

Interest

 

 

Total Equity

 

Total equity at November 30, 2017

 

$

1,606,753

 

 

$

2,768

 

 

$

1,609,521

 

Net income

 

 

40,227

 

 

 

361

 

 

 

40,588

 

Other Comprehensive Income:

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency translation adjustments

 

 

31,101

 

 

 

32

 

 

 

31,133

 

Pension and other postretirement benefit liability

   adjustments, net of tax

 

 

2,279

 

 

 

 

 

 

 

2,279

 

Unrealized (loss) on securities, net of tax

 

 

(2,380

)

 

 

 

 

 

 

(2,380

)

Unrealized (loss) on derivatives, net of tax

 

 

(2,137

)

 

 

 

 

 

 

(2,137

)

Total Other Comprehensive Income, net of tax

 

 

28,863

 

 

 

32

 

 

 

28,895

 

Comprehensive Income

 

 

69,090

 

 

 

393

 

 

 

69,483

 

Dividends paid

 

 

(42,794

)

 

 

 

 

 

 

(42,794

)

Other noncontrolling interest activity

 

 

 

 

 

 

(517

)

 

 

(517

)

Shares repurchased and returned for taxes

 

 

(2,940

)

 

 

 

 

 

 

(2,940

)

Stock based compensation expense

 

 

3,269

 

 

 

 

 

 

 

3,269

 

Total Equity at February 28, 2018

 

$

1,633,378

 

 

$

2,644

 

 

$

1,636,022

 

 

(In thousands)

 

Total RPM

International

Inc. Equity

 

 

Noncontrolling

Interest

 

 

Total Equity

 

Total equity at November 30, 2016

 

$

1,281,432

 

 

$

1,902

 

 

$

1,283,334

 

Net income

 

 

11,928

 

 

 

756

 

 

 

12,684

 

Other Comprehensive Income:

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency translation adjustments

 

 

16,576

 

 

 

 

 

 

 

16,576

 

Pension and other postretirement benefit liability

   adjustments, net of tax

 

 

3,222

 

 

 

 

 

 

 

3,222

 

Unrealized gain on securities, net of tax

 

 

2,577

 

 

 

 

 

 

 

2,577

 

Total Other Comprehensive Income, net of tax

 

 

22,375

 

 

 

-

 

 

 

22,375

 

Comprehensive Income

 

 

34,303

 

 

 

756

 

 

 

35,059

 

Dividends paid

 

 

(40,076

)

 

 

 

 

 

 

(40,076

)

Other noncontrolling interest activity

 

 

 

 

 

 

(153

)

 

 

(153

)

Shares repurchased and returned for taxes

 

 

(429

)

 

 

 

 

 

 

(429

)

Stock based compensation expense

 

 

7,992

 

 

 

 

 

 

 

7,992

 

Total Equity at February 28, 2017

 

$

1,283,222

 

 

$

2,505

 

 

$

1,285,727

 

 

(In thousands)

 

Total RPM

International

Inc. Equity

 

 

Noncontrolling

Interest

 

 

Total Equity

 

Total equity at May 31, 2017

 

$

1,436,061

 

 

$

2,639

 

 

$

1,438,700

 

Net income

 

 

252,106

 

 

 

1,243

 

 

 

253,349

 

Other Comprehensive Income:

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency translation adjustments

 

 

67,462

 

 

 

(9

)

 

 

67,453

 

Pension and other postretirement benefit liability

   adjustments, net of tax

 

 

5,974

 

 

 

 

 

 

 

5,974

 

Unrealized gain on securities, net of tax

 

 

91

 

 

 

 

 

 

 

91

 

Unrealized (loss) on derivatives, net of tax

 

 

(5,277

)

 

 

 

 

 

 

(5,277

)

Total Other Comprehensive Income (Loss), net of tax

 

 

68,250

 

 

 

(9

)

 

 

68,241

 

Comprehensive Income

 

 

320,356

 

 

 

1,234

 

 

 

321,590

 

Dividends paid

 

 

(125,672

)

 

 

 

 

 

 

(125,672

)

Other noncontrolling interest activity

 

 

 

 

 

 

(1,229

)

 

 

(1,229

)

Shares repurchased and returned for taxes

 

 

(15,065

)

 

 

 

 

 

 

(15,065

)

Stock based compensation expense

 

 

17,698

 

 

 

 

 

 

 

17,698

 

Total Equity at February 28, 2018

 

$

1,633,378

 

 

$

2,644

 

 

$

1,636,022

 

 

(In thousands)

 

Total RPM

International

Inc. Equity

 

 

Noncontrolling

Interest

 

 

Total Equity

 

Total equity at May 31, 2016

 

$

1,372,335

 

 

$

2,413

 

 

$

1,374,748

 

Net income

 

 

53,771

 

 

 

2,051

 

 

 

55,822

 

Other Comprehensive Income:

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency translation adjustments

 

 

(46,919

)

 

 

 

 

 

 

(46,919

)

Pension and other postretirement benefit liability

   adjustments, net of tax

 

 

12,516

 

 

 

 

 

 

 

12,516

 

Unrealized gain on securities, net of tax

 

 

3,286

 

 

 

 

 

 

 

3,286

 

Total Other Comprehensive (Loss), net of tax

 

 

(31,117

)

 

 

-

 

 

 

(31,117

)

Comprehensive Income

 

 

22,654

 

 

 

2,051

 

 

 

24,705

 

Dividends paid

 

 

(116,680

)

 

 

 

 

 

 

(116,680

)

Other noncontrolling interest activity

 

 

 

 

 

 

(1,959

)

 

 

(1,959

)

Shares repurchased and returned for taxes

 

 

(20,092

)

 

 

 

 

 

 

(20,092

)

Stock based compensation expense

 

 

25,005

 

 

 

 

 

 

 

25,005

 

Total Equity at February 28, 2017

 

$

1,283,222

 

 

$

2,505

 

 

$

1,285,727