2013 Q2 Form 10-K Financial Statement

#000119312514310185 Filed on August 14, 2014

View on sec.gov

Income Statement

Concept 2013 Q2 2013 Q1 2012 Q4
Revenue $1.171B $843.7M $1.017B
YoY Change 6.26% 9.06% 11.06%
Cost Of Revenue $670.5M $500.2M $592.4M
YoY Change 4.54% 6.32% 8.29%
Gross Profit $500.3M $343.6M $425.0M
YoY Change 8.66% 13.31% 15.17%
Gross Profit Margin 42.73% 40.72% 41.77%
Selling, General & Admin $353.9M $318.6M $325.8M
YoY Change 9.84% 14.84% 15.46%
% of Gross Profit 70.74% 92.74% 76.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $21.90M $22.20M $22.20M
YoY Change 2.82% 24.72% 18.09%
% of Gross Profit 4.38% 6.46% 5.22%
Operating Expenses $353.4M $318.6M $325.8M
YoY Change 9.82% 14.84% 15.46%
Operating Profit $146.9M $24.93M $99.24M
YoY Change 5.96% -3.18% 14.24%
Interest Expense -$20.20M $20.51M $19.87M
YoY Change 27.85% 14.58% 10.94%
% of Operating Profit -13.75% 82.27% 20.02%
Other Income/Expense, Net -$4.714M -$9.694M
YoY Change -436.95% -257.19%
Pretax Income $96.60M -$62.82M $71.04M
YoY Change -20.82% -649.34% -6.73%
Income Tax $28.50M -$20.63M $24.96M
% Of Pretax Income 29.5% 35.13%
Net Earnings $65.38M -$24.36M $30.92M
YoY Change -20.82% -467.76% -38.07%
Net Earnings / Revenue 5.58% -2.89% 3.04%
Basic Earnings Per Share $0.49 -$0.19 $0.23
Diluted Earnings Per Share $0.49 -$0.19 $0.23
COMMON SHARES
Basic Shares Outstanding 129.0M shares 128.9M shares
Diluted Shares Outstanding 129.0M shares 129.7M shares

Balance Sheet

Concept 2013 Q2 2013 Q1 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $343.6M $247.1M $261.9M
YoY Change 8.73% -9.22% -12.99%
Cash & Equivalents $343.6M $247.1M $261.9M
Short-Term Investments
Other Short-Term Assets $206.2M $213.9M $191.5M
YoY Change 10.92% -24.04% -22.78%
Inventory $548.7M $585.8M $545.7M
Prepaid Expenses
Receivables $787.5M $642.7M $727.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.886B $1.751B $1.799B
YoY Change 8.55% 3.98% 4.49%
LONG-TERM ASSETS
Property, Plant & Equipment $492.4M $474.4M $474.7M
YoY Change 17.56% 17.79% 24.23%
Goodwill $1.114B $1.117B $1.120B
YoY Change 31.14%
Intangibles $459.6M $470.4M $478.2M
YoY Change 32.98%
Long-Term Investments
YoY Change
Other Assets $163.4M $109.6M $93.69M
YoY Change -22.43% 1.69% -14.44%
Total Long-Term Assets $2.235B $2.364B $2.317B
YoY Change 22.5% 36.67% 35.43%
TOTAL ASSETS
Total Short-Term Assets $1.886B $1.751B $1.799B
Total Long-Term Assets $2.235B $2.364B $2.317B
Total Assets $4.121B $4.116B $4.116B
YoY Change 15.7% 20.54% 19.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $478.2M $322.0M $316.1M
YoY Change 22.15% 12.04% -2.59%
Accrued Expenses $445.3M $405.4M $372.8M
YoY Change 34.49% 21.85% 14.25%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.521M $3.600M $2.100M
YoY Change 74.96% 12.5% 5.0%
Total Short-Term Liabilities $928.0M $731.0M $698.6M
YoY Change 27.98% 17.27% 7.02%
LONG-TERM LIABILITIES
Long-Term Debt $1.369B $1.392B $1.413B
YoY Change 23.02% 26.64% 29.35%
Other Long-Term Liabilities $417.2M $435.6M $409.5M
YoY Change 9.31% 99.16% 81.61%
Total Long-Term Liabilities $1.838B $1.882B $1.874B
YoY Change 20.7% 42.79% 42.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $928.0M $731.0M $698.6M
Total Long-Term Liabilities $1.838B $1.882B $1.874B
Total Liabilities $2.766B $2.613B $2.573B
YoY Change 23.05% 21.78% 18.2%
SHAREHOLDERS EQUITY
Retained Earnings $667.8M $632.2M $704.3M
YoY Change -2.77%
Common Stock $1.326M $1.325M $1.323M
YoY Change 0.76%
Preferred Stock
YoY Change
Treasury Stock (at cost) $72.49M $71.81M $70.57M
YoY Change 4.34%
Treasury Stock Shares
Shareholders Equity $1.201B $1.159B $1.243B
YoY Change
Total Liabilities & Shareholders Equity $4.121B $3.923B $3.966B
YoY Change 15.7% 14.9% 15.55%

Cashflow Statement

Concept 2013 Q2 2013 Q1 2012 Q4
OPERATING ACTIVITIES
Net Income $65.38M -$24.36M $30.92M
YoY Change -20.82% -467.76% -38.07%
Depreciation, Depletion And Amortization $21.90M $22.20M $22.20M
YoY Change 2.82% 24.72% 18.09%
Cash From Operating Activities $197.6M $43.30M $109.9M
YoY Change 39.75% -0.46% 7.22%
INVESTING ACTIVITIES
Capital Expenditures -$45.70M -$14.90M -$18.10M
YoY Change 22.85% -6.88% 34.07%
Acquisitions
YoY Change
Other Investing Activities $3.100M $13.80M -$272.5M
YoY Change -111.15% -137.6% 176.09%
Cash From Investing Activities -$42.70M -$900.0K -$290.7M
YoY Change -34.31% -98.29% 159.09%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -49.10M -52.20M 182.9M
YoY Change 210.76% 89.82% -513.8%
NET CHANGE
Cash From Operating Activities 197.6M 43.30M 109.9M
Cash From Investing Activities -42.70M -900.0K -290.7M
Cash From Financing Activities -49.10M -52.20M 182.9M
Net Change In Cash 105.8M -9.800M 2.100M
YoY Change 74.59% -73.3% -103.9%
FREE CASH FLOW
Cash From Operating Activities $197.6M $43.30M $109.9M
Capital Expenditures -$45.70M -$14.90M -$18.10M
Free Cash Flow $243.3M $58.20M $128.0M
YoY Change 36.23% -2.18% 10.34%

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CY2013 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-8399000
CY2013 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
14729000
CY2013 us-gaap Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount
MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
14279000
CY2013 us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
3696000
CY2013 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
18800000
CY2013 us-gaap Depreciation And Amortization
DepreciationAndAmortization
86336000
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
27586000
CY2013 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
6694000
CY2013 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
128000
CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-477404000
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
1953000
CY2013 us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
65134000
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
56590000
CY2013 us-gaap Advertising Expense
AdvertisingExpense
43200000
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-48765000
CY2013 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1309235000
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
67040000
CY2013 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1614000
CY2013 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
11518000
CY2013 us-gaap Adjustment For Amortization
AdjustmentForAmortization
30621000
CY2013 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
6900000
CY2013 us-gaap Interest Expense
InterestExpense
79846000
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1979000
CY2013 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
70803000
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
61912000
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-31987000
CY2013 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
20115000
CY2013 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
300902000
CY2013 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
600000
CY2013 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7284000
CY2013 us-gaap Asset Impairment Charges
AssetImpairmentCharges
7416000
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-3649000
CY2013 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
19470000
CY2013 us-gaap Impairment Of Investments
ImpairmentOfInvestments
51092000
CY2013 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
27700000
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
108031000
CY2013 us-gaap Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
1999000
CY2013 us-gaap Restructuring Charges
RestructuringCharges
20072000
CY2013 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
44747000
CY2013 us-gaap Depreciation
Depreciation
55715000
CY2013 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
17145000
CY2013 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-5355000
CY2013 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
106509000
CY2013 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-11552000
CY2013 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
49300000
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
4802000
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
1269000
CY2013 us-gaap Lease Operating Expense
LeaseOperatingExpense
46500000
CY2013 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
11248000
CY2013 us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
14300000
CY2013 rpm Loss On Repositioning Of Operations
LossOnRepositioningOfOperations
6087000
CY2013 rpm Business Acquisition Number Of Entities Acquired During Period
BusinessAcquisitionNumberOfEntitiesAcquiredDuringPeriod
6 Entity
CY2013 rpm Reductions Of Long Term And Short Term Debt
ReductionsOfLongTermAndShortTermDebt
49376000
CY2013 rpm Defined Benefit Plan Employer Matching Contributions
DefinedBenefitPlanEmployerMatchingContributions
13100000
CY2013 rpm Deferred Income Taxes Changes In Accumulated Other Comprehensive Income Loss
DeferredIncomeTaxesChangesInAccumulatedOtherComprehensiveIncomeLoss
-19470000
CY2013 rpm Other Comprehensive Income Reclassification Adjustments And Other Tax
OtherComprehensiveIncomeReclassificationAdjustmentsAndOtherTax
633000
CY2013 rpm Other Comprehensive Income Loss Defined Benefit Plan Foreign Currency Translation Adjustment Before Tax
OtherComprehensiveIncomeLossDefinedBenefitPlanForeignCurrencyTranslationAdjustmentBeforeTax
-529000
CY2013 rpm Share Based Compensation Arrangement By Sharebased Payment Award All Equity Instruments Vested In Period Total Fair Value
ShareBasedCompensationArrangementBySharebasedPaymentAwardAllEquityInstrumentsVestedInPeriodTotalFairValue
3300000
CY2013 rpm Income Loss Before Interest Expense And Income Taxes
IncomeLossBeforeInterestExpenseAndIncomeTaxes
250559000
CY2013 rpm Net Investment Income And Other Income
NetInvestmentIncomeAndOtherIncome
6178000
CY2013 rpm Increase Decrease In Accrued Loss Reserves
IncreaseDecreaseInAccruedLossReserves
-1847000
CY2014 dei Trading Symbol
TradingSymbol
RPM
CY2014 dei Entity Registrant Name
EntityRegistrantName
RPM INTERNATIONAL INC/DE/
CY2014 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014 dei Amendment Flag
AmendmentFlag
false
CY2014 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014 dei Document Type
DocumentType
10-K
CY2014 dei Document Period End Date
DocumentPeriodEndDate
2014-05-31
CY2014 dei Entity Central Index Key
EntityCentralIndexKey
0000110621
CY2014 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2014 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--05-31
CY2014 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2014 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
132288000 shares
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.20
CY2014 us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2017-06-29
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y1M6D
CY2014 us-gaap Weighted Average Number Of Shares Contingently Issuable
WeightedAverageNumberOfSharesContingentlyIssuable
1847000 shares
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.279 pure
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y6M
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.022 pure
CY2014 us-gaap Incremental Common Shares Attributable To Written Put Options
IncrementalCommonSharesAttributableToWrittenPutOptions
1003000 shares
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.18
CY2014 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2009-05-11
CY2014 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.945
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.261 pure
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
278149000
CY2014 us-gaap Common Stock Voting Rights
CommonStockVotingRights
The rights will expire May 11, 2019, unless earlier redeemed, exchanged or amended by the board. The plan specifically provides that our board will review the status of the plan before its fifth anniversary to determine if any such action should be taken, which it did.
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.027 pure
CY2014 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P14Y
CY2014 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3057000 shares
CY2014 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> <b>3) Use of Estimates</b></p> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Management has evaluated subsequent events through the date the Consolidated Financial Statements were filed with the Securities and Exchange Commission (&#x201C;SEC&#x201D;).</p> </div>
CY2014 us-gaap Payments For Restructuring
PaymentsForRestructuring
10728000
CY2014 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2888000
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
129438000 shares
CY2014 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 Segment
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y10M24D
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P3Y4M24D
CY2014 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
7 Segment
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
285294000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
214861000
CY2014 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4083000
CY2014 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-65236000
CY2014 us-gaap Royalty Income Nonoperating
RoyaltyIncomeNonoperating
1195000
CY2014 us-gaap Sales Revenue Net
SalesRevenueNet
4376353000
CY2014 us-gaap Investment Income Dividend
InvestmentIncomeDividend
2196000
CY2014 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
93792000
CY2014 us-gaap Undistributed Earnings
UndistributedEarnings
29000
CY2014 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
2870000
CY2014 us-gaap Payments Of Dividends
PaymentsOfDividends
125743000
CY2014 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
4878000
CY2014 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax
16086000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
209626000
CY2014 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
24566000
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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-33040000
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
-462000
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
103338000
CY2014 us-gaap Investment Income Interest
InvestmentIncomeInterest
6327000
CY2014 us-gaap Profit Loss
ProfitLoss
305984000
CY2014 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
313830000
CY2014 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-3825000
CY2014 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
5588000
CY2014 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-1175000
CY2014 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
83536000
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
14272000
CY2014 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
287816000
CY2014 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
200000
CY2014 us-gaap Interest Paid
InterestPaid
81505000
CY2014 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
-1463000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
424487000
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
79080000
CY2014 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
8809000
CY2014 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
2493000
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
8900000
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
12586000
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
100000
CY2014 us-gaap Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
381000
CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
294031000
CY2014 us-gaap Gross Profit
GrossProfit
1875768000
CY2014 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
7500000
CY2014 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1833000
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
4368000
CY2014 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
13470000
CY2014 us-gaap Payments For Previous Acquisition
PaymentsForPreviousAcquisition
5000000
CY2014 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
7353000
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
12907000
CY2014 us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
39248000
CY2014 us-gaap Net Income Loss
NetIncomeLoss
291660000
CY2014 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
16164000
CY2014 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
59001000
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
7846000
CY2014 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6894000
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
7776000
CY2014 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
17300000
CY2014 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-1220000
CY2014 us-gaap Dividends Common Stock
DividendsCommonStock
125743000
CY2014 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
14855000
CY2014 us-gaap Cost Of Goods Sold
CostOfGoodsSold
2500585000
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-137243000
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
6572000
CY2014 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
21296000
CY2014 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-1342000
CY2014 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
19799000
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1700000
CY2014 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
19193000
CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-2998000
CY2014 us-gaap Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount
MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
161000
CY2014 us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
12247000
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
7600000
CY2014 us-gaap Depreciation And Amortization
DepreciationAndAmortization
90069000
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-10686000
CY2014 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt Subsequent Adjustments
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebtSubsequentAdjustments
492000
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
5660000
CY2014 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
2794000
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-149711000
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-1220000
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
46846000
CY2014 us-gaap Advertising Expense
AdvertisingExpense
49600000
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
15527000
CY2014 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1390128000
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
118503000
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1881000
CY2014 us-gaap Depreciation
Depreciation
58543000
CY2014 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
23568000
CY2014 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-11467000
CY2014 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
62896000
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-24874000
CY2014 us-gaap Legal Fees
LegalFees
1100000
CY2014 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
54600000
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
-2002000
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
1508000
CY2014 rpm Adoption Date Of Stockholders Rights Plan
AdoptionDateOfStockholdersRightsPlan
2009-04-21
CY2014 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
15792000
CY2014 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Cost Credit Arising During Period Before Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax
-1087000
CY2014 us-gaap Adjustment For Amortization
AdjustmentForAmortization
31526000
CY2014 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
300000
CY2014 us-gaap Interest Expense
InterestExpense
80951000
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4519000
CY2014 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
42216000
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
148570000
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
16747000
CY2014 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
19155000
CY2014 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
208582000
CY2014 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
100000
CY2014 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7930000
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1292000
CY2014 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-4976000
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
28200000
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
111931000
CY2014 us-gaap Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
6366000
CY2014 us-gaap Restructuring Charges
RestructuringCharges
243000
CY2014 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
59425000
CY2014 us-gaap Lease Operating Expense
LeaseOperatingExpense
50900000
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
14324000
CY2014 us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
200000
CY2014 rpm Equity Based Award Plan Expiration Date
EquityBasedAwardPlanExpirationDate
2019-05-11
CY2014 rpm Shares Repurchased Authorization Date
SharesRepurchasedAuthorizationDate
2008-01-08
CY2014 rpm Business Acquisition Number Of Entities Acquired During Period
BusinessAcquisitionNumberOfEntitiesAcquiredDuringPeriod
4 Entity
CY2014 rpm Rights Redemption Price Per Right
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