v3.26.3
Earnings Per Share (Tables)
3 Months Ended
Aug. 31, 2026
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 ("EPS") for the three-month periods ended August 31, 2026 and 2025.

Three Months Ended

 

August 31,

 

August 31,

 

(In thousands, except per share amounts)

2026

 

2025

 

Numerator for earnings per share:

 

 

 

 

Net income attributable to RPM International Inc. stockholders

$

256,357

 

$

227,605

 

Less: Allocation of earnings and dividends to participating securities

 

(915

)

 

(885

)

Net income available to common shareholders - basic

 

255,442

 

 

226,720

 

Add: Undistributed earnings reallocated to unvested shareholders

 

3

 

 

3

 

Net income available to common shareholders - diluted

$

255,445

 

$

226,723

 

Denominator for basic and diluted earnings per share:

 

 

 

 

Basic weighted average common shares

 

126,744

 

 

127,283

 

Average diluted options and awards

 

496

 

 

667

 

Total shares for diluted earnings per share (1)

 

127,240

 

 

127,950

 

Earnings Per Share of Common Stock Attributable to

 

 

 

 

RPM International Inc. Stockholders:

 

 

 

 

Basic Earnings Per Share of Common Stock

$

2.02

 

$

1.78

 

Method used to calculate basic earnings per share

Two-class

 

Two-class

 

Diluted Earnings Per Share of Common Stock

$

2.01

 

$

1.77

 

Method used to calculate diluted earnings per share

Two-class

 

Two-class

 

(1) The dilutive effect of performance-based restricted stock units is included when they have met minimum performance thresholds. The dilutive effect of stock appreciation rights (“SARs”) includes all outstanding awards except awards that are considered antidilutive. SARs are antidilutive when the exercise price exceeds the average market price of the Company’s common shares during the periods presented. For the three months ended August 31, 2026 and 2025, approximately 860,000 and 400,000 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.