SEC Document


CONSOLIDATED STATEMENTS OF INCOME

IN THOUSANDS, EXCEPT PER SHARE DATA

(Unaudited)

 

     Three Months Ended     Six Months Ended  
     November 30,     November 30,  
     2017     2016     2017     2016  

Net Sales

   $ 1,315,416     $ 1,190,770     $ 2,660,810     $ 2,442,833  

Cost of sales

     764,401       669,089       1,537,787       1,369,110  
  

 

 

   

 

 

   

 

 

   

 

 

 

Gross profit

     551,015       521,681       1,123,023       1,073,723  

Selling, general & administrative expenses

     419,599       419,494       814,008       803,579  

Goodwill and other intangible asset impairments

       188,298         188,298  

Interest expense

     26,396       22,905       53,169       45,683  

Investment (income), net

     (3,739     (2,416     (8,192     (6,254

Other expense (income), net

     (422     257       (427     799  
  

 

 

   

 

 

   

 

 

   

 

 

 

Income (loss) before income taxes

     109,181       (106,857     264,465       41,618  

Provision (benefit) for income taxes

     13,323       (36,601     51,704       (1,520
  

 

 

   

 

 

   

 

 

   

 

 

 

Net income (loss)

     95,858       (70,256     212,761       43,138  

Less: Net income attributable to noncontrolling interests

     395       670       882       1,295  
  

 

 

   

 

 

   

 

 

   

 

 

 

Net income (loss) attributable to RPM International Inc. Stockholders

   $ 95,463     $ (70,926   $ 211,879     $ 41,843  
  

 

 

   

 

 

   

 

 

   

 

 

 

Earnings (loss) per share of common stock attributable to RPM International Inc. Stockholders:

        

Basic

   $ 0.72     $ (0.54   $ 1.59     $ 0.32  
  

 

 

   

 

 

   

 

 

   

 

 

 

Diluted

   $ 0.70     $ (0.54   $ 1.56     $ 0.32  
  

 

 

   

 

 

   

 

 

   

 

 

 

Average shares of common stock outstanding - basic

     131,163       130,695       131,204       130,647  
  

 

 

   

 

 

   

 

 

   

 

 

 

Average shares of common stock outstanding - diluted

     135,592       130,695       135,663       130,647  
  

 

 

   

 

 

   

 

 

   

 

 

 

©2018 RPM International Inc. Terms of Use | Privacy Policy 2628 Pearl Road - P.O. Box 777 - Medina, Ohio 44258 | Phone: 330.273.5090 | Email: info@RPMinc.com