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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Feb. 28, 2019
Feb. 28, 2018
Feb. 28, 2019
Feb. 28, 2018
Income Statement [Abstract]        
Net Sales $ 1,140,630 $ 1,102,677 $ 3,963,150 $ 3,763,487
Cost of Sales 694,490 663,184 2,384,999 2,200,971
Gross Profit 446,140 439,493 1,578,151 1,562,516
Selling, General and Administrative Expenses 410,871 382,972 1,300,693 1,196,980
Restructuring Charges 8,679   36,479  
Interest Expense 26,525 27,459 74,058 80,628
Investment (Income), Net (4,726) (5,471) (126) (13,663)
Other Expense (Income), Net 327 (165) 4,052 (592)
Income Before Income Taxes 4,464 34,698 162,995 299,163
(Benefit) Provision for Income Taxes (10,032) (5,890) 29,140 45,814
Net Income 14,496 40,588 133,855 253,349
Less: Net Income Attributable to Noncontrolling Interests 306 361 677 1,243
Net Income Attributable to RPM International Inc. Stockholders $ 14,190 $ 40,227 $ 133,178 $ 252,106
Average Number of Shares of Common Stock Outstanding:        
Basic 130,105 131,178 131,019 131,195
Diluted [1] 131,889 131,178 132,829 135,657
Earnings per Share of Common Stock Attributable to RPM International Inc. Stockholders:        
Basic $ 0.11 $ 0.30 $ 1.01 $ 1.90
Diluted $ 0.11 $ 0.30 $ 1.00 $ 1.87
[1] Restricted shares totaling 429,750 and 323,000 for the three and nine months ended February 28, 2019, respectively, and restricted shares totaling 48,212 for the three and nine months ended February 28, 2018 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 890,000 for the three and nine months ended February 28, 2019 and 600,000 for the three and nine months ended February 28, 2018, were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive.