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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Nov. 30, 2018
Nov. 30, 2017
Nov. 30, 2018
Nov. 30, 2017
Income Statement [Abstract]        
Net Sales $ 1,362,531 $ 1,315,416 $ 2,822,520 $ 2,660,810
Cost of Sales 824,562 764,401 1,690,509 1,537,787
Gross Profit 537,969 551,015 1,132,011 1,123,023
Selling, General and Administrative Expenses 430,080 419,599 889,822 814,008
Restructuring Charges 7,724   27,800  
Interest Expense 23,127 26,396 47,533 53,169
Investment Expense (Income), Net 7,033 (3,739) 4,600 (8,192)
Other Expense (Income), Net 3,412 (422) 3,725 (427)
Income Before Income Taxes 66,593 109,181 158,531 264,465
Provision for Income Taxes 17,420 13,323 39,172 51,704
Net Income 49,173 95,858 119,359 212,761
Less: Net (Loss) Income Attributable to Noncontrolling Interests (51) 395 371 882
Net Income Attributable to RPM International Inc. Stockholders $ 49,224 $ 95,463 $ 118,988 $ 211,879
Average Number of Shares of Common Stock Outstanding:        
Basic 131,058 131,163 131,467 131,204
Diluted [1] 131,667 135,592 133,278 135,663
Earnings per Share of Common Stock Attributable to RPM International Inc. Stockholders:        
Basic $ 0.37 $ 0.72 $ 0.90 $ 1.59
Diluted 0.37 0.70 0.89 1.56
Cash Dividends Declared per Share of Common Stock $ 0.350 $ 0.320 $ 0.670 $ 0.620
[1] There were no shares of restricted stock identified as being anti-dilutive for the three or six months ended November 30, 2018. 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. In addition, stock appreciation rights (SARs) totaling 480,000 and 890,000 for the three and six months ended November 30, 2018 and 600,000 for the three and six months ended November 30, 2017, were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive.