Equity (Tables)

6 Months Ended

Nov. 30, 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 and six months ended November 30, 2018 and 2017:

(In thousands)	Total RPM International Inc. Equity			Noncontrolling Interest			Total Equity
Total Equity at August 31, 2018	$	1,610,447		$	2,932		$	1,613,379
Net income (loss)		49,224			(51	)		49,173
Other Comprehensive Income:
Foreign currency translation adjustments		(12,336	)		91			(12,245	)
Pension and other postretirement benefit liability    adjustments, net of tax		3,428						3,428
Unrealized (loss) on securities and other, net of tax		(1,515	)					(1,515	)
Unrealized gain on derivatives, net of tax		2,349						2,349
Total Other Comprehensive (Loss) Income, net of tax		(8,074	)		91			(7,983	)
Comprehensive Income		41,150			40			41,190
Dividends paid		(46,482	)					(46,482	)
Other		797			567			1,364
Shares repurchased and returned for taxes		(2,879	)					(2,879	)
Share repurchases under repurchase program		(74,998	)					(74,998	)
Stock based compensation expense - included in SG&A		6,227						6,227
Stock based compensation expense - included in restructuring expense		1,053						1,053
Convertible bond redemption		(2,808	)					(2,808	)
Total Equity at November 30, 2018	$	1,532,507		$	3,539		$	1,536,046

(In thousands)	Total RPM International Inc. Equity			Noncontrolling Interest			Total Equity
Total Equity at August 31, 2017	$	1,559,111		$	3,092		$	1,562,203
Net income		95,463			395			95,858
Other Comprehensive Income:
Foreign currency translation adjustments		(8,086	)		(72	)		(8,158	)
Pension and other postretirement benefit liability    adjustments, net of tax		3,066						3,066
Unrealized gain on securities, net of tax		2,549						2,549
Unrealized loss on derivatives, net of tax		(2,746	)					(2,746	)
Total Other Comprehensive Income, net of tax		(5,217	)		(72	)		(5,289	)
Comprehensive Income		90,246			323			90,569
Dividends paid		(42,789	)					(42,789	)
Other noncontrolling interest activity					(647	)		(647	)
Shares repurchased and returned for taxes		(6,779	)					(6,779	)
Stock based compensation expense		6,964						6,964
Total Equity at November 30, 2017	$	1,606,753		$	2,768		$	1,609,521

(In thousands)	TotalRPM International Inc. Equity			Noncontrolling Interest			Total Equity
Total equity at May 31, 2018	$	1,630,773		$	2,765		$	1,633,538
Net income		118,988			371			119,359
Other Comprehensive Income:
Foreign currency translation adjustments		(52,768	)		(167	)		(52,935	)
Pension and other postretirement benefit liability    adjustments, net of tax		6,483						6,483
Unrealized gain on securities and other, net of tax		962						962
Unrealized gain on derivatives, net of tax		3,271						3,271
Total Other Comprehensive (Loss), net of tax		(42,052	)		(167	)		(42,219	)
Comprehensive Income		76,936			204			77,140
Dividends paid		(89,196	)					(89,196	)
Other		(2,037	)		570			(1,467	)
Shares repurchased and returned for taxes		(16,466	)					(16,466	)
Share repurchases under repurchase program		(81,992	)					(81,992	)
Stock based compensation expense - included in SG&A		12,896						12,896
Stock based compensation expense - included in restructuring expense		4,401						4,401
Convertible bond redemption		(2,808	)					(2,808	)
Total Equity at November 30, 2018	$	1,532,507		$	3,539		$	1,536,046

(In thousands)	TotalRPM International Inc. Equity			Noncontrolling Interest			Total Equity
Total equity at May 31, 2017	$	1,436,061		$	2,639		$	1,438,700
Net income		211,879			882			212,761
Other Comprehensive Income:
Foreign currency translation adjustments		36,361			(41	)		36,320
Pension and other postretirement benefit liability    adjustments, net of tax		3,695						3,695
Unrealized gain on securities, net of tax		2,471						2,471
Unrealized (loss) on derivatives, net of tax		(3,140	)					(3,140	)
Total Other Comprehensive (Loss), net of tax		39,387			(41	)		39,346
Comprehensive Income		251,266			841			252,107
Dividends paid		(82,878	)					(82,878	)
Other noncontrolling interest activity					(712	)		(712	)
Shares repurchased and returned for taxes		(12,125	)					(12,125	)
Stock based compensation expense		14,429						14,429
Total Equity at November 30, 2017	$	1,606,753		$	2,768		$	1,609,521