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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
May 31, 2020
May 31, 2019
May 31, 2018
Income Statement [Abstract]      
Net Sales [1] $ 5,506,994 $ 5,564,551 $ 5,321,643
Cost of Sales 3,414,139 3,476,231 3,305,095
Gross Profit 2,092,855 2,088,320 2,016,548
Selling, General and Administrative Expenses 1,548,653 1,596,043 1,498,479
Restructuring Expense 33,108 42,310 17,514
Goodwill and Other Intangible Asset Impairments   4,190  
Interest Expense 101,003 102,392 104,547
Investment (Income), Net (9,739) (730) (20,442)
Other Expense (Income), Net 12,066 4,270 (598)
Income Before Income Taxes 407,764 339,845 417,048
Provision for Income Taxes 102,682 72,158 77,791
Net Income 305,082 267,687 339,257
Less: Net Income Attributable to Noncontrolling Interests 697 1,129 1,487
Net Income Attributable to RPM International Inc. Stockholders $ 304,385 $ 266,558 $ 337,770
Average Number of Shares of Common Stock Outstanding:      
Basic 128,468 130,552 131,179
Diluted [2] 129,974 134,333 137,171
Earnings per Share of Common Stock Attributable to RPM International Inc. Stockholders:      
Basic $ 2.35 $ 2.03 $ 2.55
Diluted $ 2.34 $ 2.01 $ 2.50
[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, 2020, 2019 and 2018, approximately 340,000, 862,500 and 799,362 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.