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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
May 31, 2021
May 31, 2020
May 31, 2019
Income Statement [Abstract]      
Net Sales [1] $ 6,106,288 $ 5,506,994 $ 5,564,551
Cost of Sales 3,701,129 3,414,139 3,476,231
Gross Profit 2,405,159 2,092,855 2,088,320
Selling, General and Administrative Expenses 1,664,026 1,548,653 1,596,043
Restructuring Expense 18,106 33,108 42,310
Goodwill and Other Intangible Asset Impairments     4,190
Interest Expense 85,400 101,003 102,392
Investment (Income), Net (44,450) (9,739) (730)
Other Expense, Net 13,639 12,066 4,270
Income Before Income Taxes 668,438 407,764 339,845
Provision for Income Taxes 164,938 102,682 72,158
Net Income 503,500 305,082 267,687
Less: Net Income Attributable to Noncontrolling Interests 857 697 1,129
Net Income Attributable to RPM International Inc. Stockholders $ 502,643 $ 304,385 $ 266,558
Average Number of Shares of Common Stock Outstanding:      
Basic 128,334 128,468 130,552
Diluted [2] 128,927 129,974 134,333
Earnings per Share of Common Stock Attributable to RPM International Inc. Stockholders:      
Basic $ 3.89 $ 2.35 $ 2.03
Diluted $ 3.87 $ 2.34 $ 2.01
[1] It is not practicable to obtain the information needed to disclose revenues attributable to each of our product lines.
[2] For the years ended May 31, 2021, 2020 and 2019, approximately 362,016, 340,000 and 862,500 shares of stock, respectively, granted under stock-based compensation plans were excluded from the calculation of diluted EPS, as the effect would have been anti-dilutive.