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Earnings (Loss) Per Share (Tables) | 6 Months Ended
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Nov. 30, 2016
Earnings Per Share [Abstract] |
Reconciliation of Numerator and Denominator of Basic and Diluted Earnings Per Share | The following table sets forth the reconciliation of the numerator and denominator of basic and diluted earnings per share, as calculated using the treasury stock method for the three months ended November 30, 2016 and the two-class method for the six months ended November 30, 2016. For the three and six months ended November 30, 2015, the two-class method was used to compute basic earnings per share, while the treasury stock method was utilized for the purpose of computing diluted earnings per share, as that method resulted in the most-dilutive earnings per share.
|  | Three Months Ended |  |  | Six Months Ended |
|  | November 30, |  |  | November 30, |
(In thousands, except per share amounts) |  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
Numerator for earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) attributable to RPM International Inc. stockholders |  | $ | (70,926 | ) |  | $ | 83,433 |  |  | $ | 41,843 |  |  | $ | 183,248 |
Less: Allocation of earnings and dividends to participating securities |  |  |  |  |  |  | (1,571 | ) |  |  | (621 | ) |  |  | (3,068 | )
Net income (loss) available to common shareholders – basic |  |  | (70,926 | ) |  |  | 81,862 |  |  |  | 41,222 |  |  |  | 180,180 |
Add: Undistributed earnings reallocated to unvested shareholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Reverse: Allocation of earnings and dividends to participating securities |  |  |  |  |  |  | 1,571 |  |  |  |  |  |  |  | 3,068 |
Add: Income effect of contingently issuable shares |  |  |  |  |  |  | 1,354 |  |  |  |  |  |  |  | 2,706 |
Net income (loss) available to common shareholders – diluted |  | $ | (70,926 | ) |  | $ | 84,787 |  |  | $ | 41,222 |  |  | $ | 185,954 |
Denominator for basic and diluted earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic weighted average common shares |  |  | 130,695 |  |  |  | 129,398 |  |  |  | 130,647 |  |  |  | 129,723 |
Average diluted options |  |  |  |  |  |  | 3,453 |  |  |  |  |  |  |  | 3,466 |
Additional shares issuable assuming conversion of convertible securities (1) |  |  |  |  |  |  | 3,883 |  |  |  |  |  |  |  | 3,883 |
Total shares for diluted earnings per share (2) |  |  | 130,695 |  |  |  | 136,734 |  |  |  | 130,647 |  |  |  | 137,072 |
Earnings (Loss) Per Share of Common Stock Attributable to |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
RPM International Inc. Stockholders: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic Earnings (Loss) Per Share of Common Stock |  | $ | (0.54 | ) |  | $ | 0.63 |  |  | $ | 0.32 |  |  | $ | 1.39 |
Diluted Earnings (Loss) Per Share of Common Stock |  | $ | (0.54 | ) |  | $ | 0.62 |  |  | $ | 0.32 |  |  | $ | 1.36 |
(1) | 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.
(2) | Restricted shares totaling 1,169,393 and 919,918 for the three and six months ended November 30, 2015, respectively, were excluded from the calculation of diluted earnings per share because the grant price of the restricted shares exceeded the average market price of the shares during the period and their effect, accordingly, would have been anti-dilutive. There were no restricted shares identified as being anti-dilutive for the three and six months ended November 30, 2016. In addition, stock appreciation rights (SARs) totaling 1,400,000 for the three and six months ended November 30, 2015 were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive.

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- 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
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