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Earnings Per Share (Tables) | 12 Months Ended
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May 31, 2023
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, 2023, 2022 and 2021:
Year Ended May 31, |  | 2023 |  |  | 2022 |  |  | 2021 |
(In thousands, except per share amounts) |  |  |  |  |  |  |  |  |
Numerator for earnings per share: |  |  |  |  |  |  |  |  |
Net income attributable to RPM International Inc. stockholders |  | $ | 478,691 |  |  | $ | 491,481 |  |  | $ | 502,643 |
Less: Allocation of earnings and dividends to participating securities |  |  | (2,156 | ) |  |  | (3,924 | ) |  |  | (4,018 | )
Net income available to common shareholders - basic |  |  | 476,535 |  |  |  | 487,557 |  |  |  | 498,625 |
Reverse: Allocation of earnings and dividends to participating securities |  |  | 2,156 |  |  |  | 3,924 |  |  |  | - |
Add: Undistributed earnings reallocated to unvested shareholders |  |  | - |  |  |  | - |  |  |  | 13 |
Net income available to common shareholders - diluted |  | $ | 478,691 |  |  | $ | 491,481 |  |  | $ | 498,638 |
Denominator for basic and diluted earnings per share: |  |  |  |  |  |  |  |  |
Basic weighted average common shares |  |  | 127,507 |  |  |  | 127,948 |  |  |  | 128,334 |
Average diluted options and awards |  |  | 1,309 |  |  |  | 1,632 |  |  |  | 593 |
Total shares for diluted earnings per share (1) |  |  | 128,816 |  |  |  | 129,580 |  |  |  | 128,927 |
Earnings Per Share of Common Stock Attributable to |  |  |  |  |  |  |  |  |
RPM International Inc. Stockholders: |  |  |  |  |  |  |  |  |
Basic Earnings Per Share of Common Stock |  | $ | 3.74 |  |  | $ | 3.81 |  |  | $ | 3.89 |
Method used to calculate basic earnings per share |  | Two-Class |  |  | Two-Class |  |  | Two-Class |
Diluted Earnings Per Share of Common Stock |  | $ | 3.72 |  |  | $ | 3.79 |  |  | $ | 3.87 |
Method used to calculate diluted earnings per share |  | Treasury |  |  | Treasury |  |  | Two-Class |
(1) For the years ended May 31, 2023, 2022 and 2021, approximately 750,000, 655,000 and 362,016 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://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
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