XML 86 R35.htm IDEA: XBRL DOCUMENT
v3.2.0.727

Earnings Per Share (Tables) | 12 Months Ended
--- | ---
May. 31, 2015
Reconciliation of Numerator and Denominator of Basic and Diluted Earnings Per Share Calculated using Two-Class Method | The following table sets forth the reconciliation of the numerator and denominator of basic and diluted earnings per share, as calculated using the two-class method for the years ended May 31, 2015, 2014 and 2013:
Year Ended May 31, |  | 2015 |  |  | 2014 |  |  | 2013 |
(In thousands, except per share amounts) |  |  |  |  |  |  |  |  |
Numerator for earnings per share: |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to RPM International Inc. stockholders |  | $ | 239,484 |  |  | $ | 291,660 |  |  | $ | 98,603 |
Less: Allocation of earnings and dividends to participating securities |  |  | (4,954 | ) |  |  | (6,366 | ) |  |  | (1,999 | )
Net income available to common shareholders - basic |  |  | 234,530 |  |  |  | 285,294 |  |  |  | 96,604 |
Add: Undistributed earnings reallocated to unvested shareholders |  |  | 18 |  |  |  | 29 |  |  |  | (3 | )
Add: Income effect of contingently issuable shares |  |  | 5,374 |  |  |  | 2,493 |  |  |  | — |
Net income available to common shareholders - diluted |  | $ | 239,922 |  |  | $ | 287,816 |  |  | $ | 96,601 |
Denominator for basic and diluted earnings per share: |  |  |  |  |  |  |  |  |  |  |  |
Basic weighted average common shares |  |  | 129,933 |  |  |  | 129,438 |  |  |  | 128,956 |
Average diluted options |  |  | 1,082 |  |  |  | 1,003 |  |  |  | 845 |
Net issuable common share equivalents (1) |  |  | 3,878 |  |  |  | 1,847 |  |  |  | — |
Total shares for diluted earnings per share |  |  | 134,893 |  |  |  | 132,288 |  |  |  | 129,801 |
Earnings Per Share of Common Stock Attributable to RPM International Inc. Stockholders: |  |  |  |  |  |  |  |  |  |  |  |
Basic Earnings Per Share of Common Stock |  | $ | 1.81 |  |  | $ | 2.20 |  |  | $ | 0.75 |
Diluted Earnings Per Share of Common Stock |  | $ | 1.78 |  |  | $ | 2.18 |  |  | $ | 0.74 |
(1) | For the years ended May 31, 2015 and 2014, represents the number of shares that would be issued if our contingently convertible notes were converted. We include these shares in the calculation of diluted EPS as the conversion of the notes may be settled, at our election, in cash, shares of our common stock, or a combination of cash and shares of our common stock.

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration