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Earnings Per Share (Tables) | 12 Months Ended
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May 31, 2020
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 for the years ended May 31, 2020, 2019 and 2018:
Year Ended May 31, |  | 2020 |  |  | 2019 |  |  | 2018 |
(In thousands, except per share amounts) |  |  |  |  |  |  |  |  |  |  |  |
Numerator for earnings per share: |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to RPM International Inc. stockholders |  | $ | 304,385 |  |  | $ | 266,558 |  |  | $ | 337,770 |
Less: Allocation of earnings and dividends to participating securities |  |  | (1,956 | ) |  |  | (1,514 | ) |  |  | (3,858 | )
Net income available to common shareholders - basic |  |  | 302,429 |  |  |  | 265,044 |  |  |  | 333,912 |
Reverse: Allocation of earnings and dividends to participating securities |  |  | 1,956 |  |  |  | 1,514 |  |  |  | 3,858 |
Add: Income effect of contingently issuable shares |  |  | - |  |  |  | 3,655 |  |  |  | 5,673 |
Net income available to common shareholders - diluted |  | $ | 304,385 |  |  | $ | 270,213 |  |  | $ | 343,443 |
Denominator for basic and diluted earnings per share: |  |  |  |  |  |  |  |  |  |  |  |
Basic weighted average common shares |  |  | 128,468 |  |  |  | 130,552 |  |  |  | 131,179 |
Average diluted options |  |  | 1,506 |  |  |  | 1,838 |  |  |  | 2,064 |
Net issuable common share equivalents (1) |  |  | - |  |  |  | 1,943 |  |  |  | 3,928 |
Total shares for diluted earnings per share (2) |  |  | 129,974 |  |  |  | 134,333 |  |  |  | 137,171 |
Earnings Per Share of Common Stock Attributable to |  |  |  |  |  |  |  |  |  |  |  |
RPM International Inc. Stockholders: |  |  |  |  |  |  |  |  |  |  |  |
Basic Earnings Per Share of Common Stock |  | $ | 2.35 |  |  | $ | 2.03 |  |  | $ | 2.55 |
Method used to calculate basic earnings per share |  | Two-Class |  |  | Two-Class |  |  | Two-Class |
Diluted Earnings Per Share of Common Stock |  | $ | 2.34 |  |  | $ | 2.01 |  |  | $ | 2.50 |
Method used to calculate diluted earnings per share |  | Treasury |  |  | Treasury |  |  | Treasury |
(1) | Represents the number of shares that would be issued if our contingently convertible notes had been converted. We included these shares in the calculation of diluted EPS as the conversion of the notes were eligible to be settled, at our election, in cash, shares of our common stock, or a combination of cash and shares of our common stock. On November 27, 2018, we redeemed all of our 2.25% convertible senior notes due 2020, primarily for cash, but also issued 598,601 shares of our common stock in the transaction
(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.

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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://fasb.org/us-gaap/role/ref/legacyRef -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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