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Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended
--- | ---
May 31, 2017 | May 31, 2016 | May 31, 2015
Income Statement [Abstract] |  |  |  |
Net Sales | [1] | $ 4,958,175 | $ 4,813,649 | $ 4,594,550
Cost of Sales |  | 2,792,487 | 2,726,601 | 2,653,181
Gross Profit |  | 2,165,688 | 2,087,048 | 1,941,369
Selling, General and Administrative Expenses |  | 1,643,520 | 1,520,977 | 1,422,944
Goodwill and Other Intangible Asset Impairments |  | 193,198 |  |
Interest Expense |  | 96,954 | 91,683 | 87,615
Investment (Income), Net |  | (13,984) | (10,365) | (18,577)
Other Expense (Income), Net |  | 1,667 | 1,287 | (3,866)
Income Before Income Taxes | [2] | 244,333 | 483,466 | 453,253
Provision for Income Taxes |  | 59,662 | 126,008 | 224,925
Net Income |  | 184,671 | 357,458 | 228,328
Less: Net Income (Loss) Attributable to Noncontrolling Interests |  | 2,848 | 2,733 | (11,156)
Net Income Attributable to RPM International Inc. Stockholders |  | $ 181,823 | $ 354,725 | $ 239,484
Average Number of Shares of Common Stock Outstanding: |  |  |  |
Basic | [3] | 130,662 | 129,383 | 129,933
Diluted | [3] | 135,165 | 136,716 | 134,893
Earnings per Share of Common Stock Attributable to RPM International Inc. Stockholders: |  |  |  |
Basic |  | $ 1.37 | $ 2.70 | $ 1.81
Diluted |  | 1.36 | 2.63 | 1.78
Cash Dividends Declared per Share of Common Stock |  | $ 1.175 | $ 1.085 | $ 1.020
[1] | It is not practicable to obtain the information needed to disclose revenues attributable to each of our product lines.
[2] | The presentation includes a reconciliation of Income (Loss) Before Income Taxes, a measure defined by Generally Accepted Accounting Principles (GAAP) in the United States, to EBIT.
[3] | Basic and diluted earnings per share are calculated using the two-class method for the years ended May 31, 2017 and 2015. For the year ended May 31, 2016, basic and diluted earnings per share are calculated under the two-class method and the treasury method, respectively, as those methods resulted in the most dilutive earnings per share.

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- Definition This item represents investment income derived from investments in debt and equity securities consisting of interest income earned from investments in debt securities and on cash and cash equivalents, dividend income from investments in equity securities, and income or expense derived from the amortization of investment related discounts or premiums, respectively, net of related investment expenses. This item also includes realized gains or losses on sales of investments in debt and equity securities, and other than temporary losses related to investments in debt and equity securities during the period. This account does not include investment income from real or personal property, such as rental income. + References No definition available. + Details
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- Definition Aggregate dividends declared during the period for each share of common stock outstanding. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 + Details
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