XML 59 R40.htm IDEA: XBRL DOCUMENT
v3.22.2

Earnings Per Share (Tables) | 12 Months Ended
--- | ---
May 31, 2022
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, 2022, 2021 and 2020:
Year Ended May 31, |  | 2022 |  |  | 2021 |  |  | 2020 |
(In thousands, except per share amounts) |  |  |  |  |  |  |  |  |
Numerator for earnings per share: |  |  |  |  |  |  |  |  |
Net income attributable to RPM International Inc. stockholders |  | $ | 491,481 |  |  | $ | 502,643 |  |  | $ | 304,385 |
Less: Allocation of earnings and dividends to participating securities |  |  | (3,924 | ) |  |  | (4,018 | ) |  |  | (1,956 | )
Net income available to common shareholders - basic |  |  | 487,557 |  |  |  | 498,625 |  |  |  | 302,429 |
Reverse: Allocation of earnings and dividends to participating securities |  |  | 3,924 |  |  |  | - |  |  |  | 1,956 |
Add: Undistributed earnings reallocated to unvested shareholders |  |  | - |  |  |  | 13 |  |  |  | - |
Net income available to common shareholders - diluted |  | $ | 491,481 |  |  | $ | 498,638 |  |  | $ | 304,385 |
Denominator for basic and diluted earnings per share: |  |  |  |  |  |  |  |  |
Basic weighted average common shares |  |  | 127,948 |  |  |  | 128,334 |  |  |  | 128,468 |
Average diluted options |  |  | 1,632 |  |  |  | 593 |  |  |  | 1,506 |
Total shares for diluted earnings per share (1) |  |  | 129,580 |  |  |  | 128,927 |  |  |  | 129,974 |
Earnings Per Share of Common Stock Attributable to |  |  |  |  |  |  |  |  |
RPM International Inc. Stockholders: |  |  |  |  |  |  |  |  |
Basic Earnings Per Share of Common Stock |  | $ | 3.81 |  |  | $ | 3.89 |  |  | $ | 2.35 |
Method used to calculate basic earnings per share |  | Two-Class |  |  | Two-Class |  |  | Two-Class |
Diluted Earnings Per Share of Common Stock |  | $ | 3.79 |  |  | $ | 3.87 |  |  | $ | 2.34 |
Method used to calculate diluted earnings per share |  | Treasury |  |  | Two-Class |  |  | Treasury |
(1) For the years ended May 31, 2022, 2021 and 2020, approximately 655,000, 362,016 and 340,000 shares of stock, respectively, granted under stock-based compensation plans were excluded from the calculation of d iluted EPS, as the effect would have been anti-dilutive.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

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/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration