XML 139 R106.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Results of Reportable Segments (Detail) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
May 31, 2017 | Feb. 28, 2017 | Nov. 30, 2016 | [1] | Aug. 31, 2016 | May 31, 2016 | Feb. 29, 2016 | Nov. 30, 2015 | Aug. 31, 2015 | May 31, 2017 | May 31, 2016 | May 31, 2015
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net Sales |  | $ 1,492,846 | $ 1,022,496 | $ 1,190,770 | $ 1,252,063 | $ 1,426,584 | $ 988,555 | $ 1,155,984 | $ 1,242,526 | $ 4,958,175 | [2] | $ 4,813,649 | [2] | $ 4,594,550 | [2]
Income (Expense) Before Income Taxes | [3] |  |  |  |  |  |  |  |  | 244,333 |  | 483,466 |  | 453,253 |
Interest (Expense), Net | [4] |  |  |  |  |  |  |  |  | (82,970) |  | (81,318) |  | (69,038) |
EBIT | [5] |  |  |  |  |  |  |  |  | 327,303 |  | 564,784 |  | 522,291 |
Identifiable Assets |  | 5,090,449 |  |  |  | 4,764,969 |  |  |  | 5,090,449 |  | 4,764,969 |  | 4,680,062 |
Capital Expenditures |  |  |  |  |  |  |  |  |  | 126,109 |  | 117,183 |  | 85,363 |
Depreciation and Amortization |  |  |  |  |  |  |  |  |  | 116,773 |  | 111,039 |  | 99,176 |
Operating Segments | Industrial Segment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net Sales |  |  |  |  |  |  |  |  |  | 2,564,202 |  | 2,491,647 |  | 2,581,424 |
Income (Expense) Before Income Taxes | [3] |  |  |  |  |  |  |  |  | 243,335 |  | 257,180 |  | 251,903 |
Interest (Expense), Net | [4] |  |  |  |  |  |  |  |  | (7,985) |  | (6,071) |  | (8,282) |
EBIT | [5] |  |  |  |  |  |  |  |  | 251,320 |  | 263,251 |  | 260,185 |
Identifiable Assets |  | 2,382,784 |  |  |  | 2,206,062 |  |  |  | 2,382,784 |  | 2,206,062 |  | 2,146,244 |
Capital Expenditures |  |  |  |  |  |  |  |  |  | 65,083 |  | 78,002 |  | 46,975 |
Depreciation and Amortization |  |  |  |  |  |  |  |  |  | 51,529 |  | 47,697 |  | 48,212 |
Operating Segments | Specialty Segment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net Sales |  |  |  |  |  |  |  |  |  | 713,589 |  | 684,564 |  | 409,297 |
Income (Expense) Before Income Taxes | [3] |  |  |  |  |  |  |  |  | 107,904 |  | 107,546 |  | 63,434 |
Interest (Expense), Net | [4] |  |  |  |  |  |  |  |  | 526 |  | 814 |  | 626 |
EBIT | [5] |  |  |  |  |  |  |  |  | 107,378 |  | 106,732 |  | 62,808 |
Identifiable Assets |  | 759,822 |  |  |  | 754,757 |  |  |  | 759,822 |  | 754,757 |  | 758,020 |
Capital Expenditures |  |  |  |  |  |  |  |  |  | 14,104 |  | 10,238 |  | 6,998 |
Depreciation and Amortization |  |  |  |  |  |  |  |  |  | 26,453 |  | 25,646 |  | 12,619 |
Operating Segments | Consumer Segment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net Sales |  |  |  |  |  |  |  |  |  | 1,680,384 |  | 1,637,438 |  | 1,603,829 |
Income (Expense) Before Income Taxes | [3] |  |  |  |  |  |  |  |  | 58,726 |  | 268,218 |  | 274,001 |
Interest (Expense), Net | [4] |  |  |  |  |  |  |  |  | (323) |  | 40 |  | 34 |
EBIT | [5] |  |  |  |  |  |  |  |  | 59,049 |  | 268,178 |  | 273,967 |
Identifiable Assets |  | 1,821,190 |  |  |  | 1,734,600 |  |  |  | 1,821,190 |  | 1,734,600 |  | 1,626,097 |
Capital Expenditures |  |  |  |  |  |  |  |  |  | 45,690 |  | 27,269 |  | 29,354 |
Depreciation and Amortization |  |  |  |  |  |  |  |  |  | 33,374 |  | 31,445 |  | 32,153 |
Corporate/Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income (Expense) Before Income Taxes | [3] |  |  |  |  |  |  |  |  | (165,632) |  | (149,478) |  | (136,085) |
Interest (Expense), Net | [4] |  |  |  |  |  |  |  |  | (75,188) |  | (76,101) |  | (61,416) |
EBIT | [5] |  |  |  |  |  |  |  |  | (90,444) |  | (73,377) |  | (74,669) |
Identifiable Assets |  | $ 126,653 |  |  |  | $ 69,550 |  |  |  | 126,653 |  | 69,550 |  | 149,701 |
Capital Expenditures |  |  |  |  |  |  |  |  |  | 1,232 |  | 1,674 |  | 2,036 |
Depreciation and Amortization |  |  |  |  |  |  |  |  |  | $ 5,417 |  | $ 6,251 |  | $ 6,192 |
[1] | Reflects the pretax goodwill and intangible asset impairment losses of $188.3 million related to our Kirker reporting unit. Refer to Note B, “Goodwill and Other Intangible Assets,” for further information. Also reflects $12.3 million pretax charge relating to the Flowcrete decision to exit the Middle East.
[2] | It is not practicable to obtain the information needed to disclose revenues attributable to each of our product lines.
[3] | 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.
[4] | Interest (expense), net includes the combination of interest expense and investment expense (income), net.
[5] | EBIT is a non-GAAP measure, and is defined as earnings (loss) before interest and taxes. We evaluate the profit performance of our segments based on income before income taxes, but also look to EBIT as a performance evaluation measure because interest expense is essentially related to acquisitions, as opposed to segment operations. We believe EBIT is useful to investors for this purpose as well, using EBIT as a metric in their investment decisions. EBIT should not be considered an alternative to, or more meaningful than, income before income taxes as determined in accordance with GAAP, since EBIT omits the impact of interest in determining operating performance, which represent items necessary to our continued operations, given our level of indebtedness. Nonetheless, EBIT is a key measure expected by and useful to our fixed income investors, rating agencies and the banking community, all of whom believe, and we concur, that this measure is critical to the capital markets' analysis of our segments' core operating performance. We also evaluate EBIT because it is clear that movements in EBIT impact our ability to attract financing. Our underwriters and bankers consistently require inclusion of this measure in offering memoranda in conjunction with any debt underwriting or bank financing. EBIT may not be indicative of our historical operating results, nor is it meant to be predictive of potential future results.

X
- Definition Income (loss) before interest expense and income taxes. + References No definition available. + Details
Name: | rpm_IncomeLossBeforeInterestExpenseAndIncomeTaxes
Namespace Prefix: | rpm_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(12)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(11)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
Name: | us-gaap_Assets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66902209&loc=d3e3602-108585 + Details
Name: | us-gaap_DepreciationAndAmortization
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)(1)(i)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
Name: | us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of interest revenue (income derived from investments in debt securities and on cash and cash equivalents) net of interest expense (cost of borrowed funds accounted for as interest). + References No definition available. + Details
Name: | us-gaap_InterestRevenueExpenseNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash outflow for purchases of and capital improvements on property, plant and equipment (capital expenditures), software, and other intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Investing Activities -URI http://asc.fasb.org/extlink&oid=6516133 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=66902209&loc=d3e3213-108585 + Details
Name: | us-gaap_PaymentsToAcquireProductiveAssets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_SalesRevenueNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_SegmentReportingInformationLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=rpm_IndustrialSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=rpm_SpecialtySegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=rpm_ConsumerSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConsolidationItemsAxis=us-gaap_CorporateNonSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |