2020 Q4 Form 10-Q Financial Statement

#000156459021000529 Filed on January 07, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q4
Revenue $1.486B $1.607B $1.401B
YoY Change 6.04% 9.09% 2.84%
Cost Of Revenue $899.7M $953.0M $871.9M
YoY Change 3.19% 6.13% 0.36%
Gross Profit $586.2M $653.7M $529.4M
YoY Change 10.72% 13.73% 7.22%
Gross Profit Margin 39.45% 40.68% 37.78%
Selling, General & Admin $399.4M $396.0M $397.2M
YoY Change 0.56% -1.15% 4.55%
% of Gross Profit 68.14% 60.58% 75.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $37.20M $35.32M $41.80M
YoY Change -11.0% -1.46% 11.76%
% of Gross Profit 6.35% 5.4% 7.9%
Operating Expenses $399.4M $396.0M $403.4M
YoY Change -0.99% -1.15% 4.56%
Operating Profit $186.8M $257.7M $126.0M
YoY Change 48.22% 47.94% 16.74%
Interest Expense $21.27M $21.75M $1.429M
YoY Change 1388.17% -23.21% 72.58%
% of Operating Profit 11.39% 8.44% 1.13%
Other Income/Expense, Net -$3.133M -$3.118M -$1.951M
YoY Change 60.58% 74.68% -42.82%
Pretax Income $167.0M $241.4M $101.8M
YoY Change 64.08% 68.97% 52.8%
Income Tax $39.07M $60.58M $24.43M
% Of Pretax Income 23.4% 25.1% 24.01%
Net Earnings $127.7M $180.6M $77.03M
YoY Change 65.73% 70.07% 56.49%
Net Earnings / Revenue 8.59% 11.24% 5.5%
Basic Earnings Per Share $0.98 $1.39 $0.60
Diluted Earnings Per Share $0.98 $1.39 $0.59
COMMON SHARES
Basic Shares Outstanding 128.5M 128.4M 128.4M
Diluted Shares Outstanding 129.1M 128.8M 129.1M

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $272.9M $251.8M $208.2M
YoY Change 31.08% 18.72% -8.24%
Cash & Equivalents $272.9M $251.8M $208.2M
Short-Term Investments
Other Short-Term Assets $240.9M $226.4M $201.6M
YoY Change 19.49% 8.9% -20.19%
Inventory $829.6M $783.5M $883.7M
Prepaid Expenses
Receivables $1.082B $1.159B $1.048B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.452B $2.457B $2.360B
YoY Change 3.9% 1.69% -0.5%
LONG-TERM ASSETS
Property, Plant & Equipment $889.4M $1.145B $1.107B
YoY Change -19.63% 40.77% 39.44%
Goodwill $1.301B $1.279B $1.260B
YoY Change 3.27% 2.3%
Intangibles $620.4M
YoY Change
Long-Term Investments
YoY Change
Other Assets $192.4M $230.5M $259.2M
YoY Change -25.79% 4.01% 9.64%
Total Long-Term Assets $3.338B $3.237B $3.221B
YoY Change 3.64% 1.8% 12.34%
TOTAL ASSETS
Total Short-Term Assets $2.452B $2.457B $2.360B
Total Long-Term Assets $3.338B $3.237B $3.221B
Total Assets $5.790B $5.694B $5.581B
YoY Change 3.75% 1.75% 6.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $540.7M $526.0M $475.3M
YoY Change 13.76% 10.26% 0.85%
Accrued Expenses $488.0M $495.3M $381.4M
YoY Change 27.95% 21.04% 2.64%
Deferred Revenue $28.31M $25.61M $25.21M
YoY Change 12.32% -6.56% 7.47%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $75.71M $45.90M $102.1M
YoY Change -25.85% -92.12% -77.51%
Total Short-Term Liabilities $1.133B $1.093B $984.1M
YoY Change 15.1% -26.98% -24.27%
LONG-TERM LIABILITIES
Long-Term Debt $2.225B $2.297B $2.421B
YoY Change -8.12% 13.82% 26.18%
Other Long-Term Liabilities $816.8M $545.7M $659.7M
YoY Change 23.81% 33.99% 77.91%
Total Long-Term Liabilities $3.041B $3.150B $3.081B
YoY Change -1.29% 14.37% 34.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.133B $1.093B $984.1M
Total Long-Term Liabilities $3.041B $3.150B $3.081B
Total Liabilities $4.243B $4.245B $4.180B
YoY Change 1.49% -0.13% 12.79%
SHAREHOLDERS EQUITY
Retained Earnings $1.678B
YoY Change 12.95%
Common Stock $1.026B
YoY Change 2.37%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.548B $1.450B $1.401B
YoY Change
Total Liabilities & Shareholders Equity $5.790B $5.694B $5.581B
YoY Change 3.75% 1.75% 6.53%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q4
OPERATING ACTIVITIES
Net Income $127.7M $180.6M $77.03M
YoY Change 65.73% 70.07% 56.49%
Depreciation, Depletion And Amortization $37.20M $35.32M $41.80M
YoY Change -11.0% -1.46% 11.76%
Cash From Operating Activities $261.4M $318.1M $155.1M
YoY Change 68.54% 119.16% -0.19%
INVESTING ACTIVITIES
Capital Expenditures -$29.40M -$41.50M -$34.80M
YoY Change -15.52% 13.39% 17.97%
Acquisitions
YoY Change
Other Investing Activities -$114.2M -$244.0K $2.600M
YoY Change -4492.31% -351.55% -103.43%
Cash From Investing Activities -$143.7M -$42.28M -$32.20M
YoY Change 346.27% -43.22% -69.45%
FINANCING ACTIVITIES
Cash Dividend Paid $46.62M
YoY Change 2.87%
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -101.1M -268.9M -129.5M
YoY Change -21.93% 249.09% 465.5%
NET CHANGE
Cash From Operating Activities 261.4M 318.1M 155.1M
Cash From Investing Activities -143.7M -42.28M -32.20M
Cash From Financing Activities -101.1M -268.9M -129.5M
Net Change In Cash 16.60M 18.35M -6.600M
YoY Change -351.52% -265.65% -124.35%
FREE CASH FLOW
Cash From Operating Activities $261.4M $318.1M $155.1M
Capital Expenditures -$29.40M -$41.50M -$34.80M
Free Cash Flow $290.8M $359.6M $189.9M
YoY Change 53.13% 97.86% 2.7%

Facts In Submission

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us-gaap Net Cash Provided By Used In Operating Activities
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579503000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
300163000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
71393000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
21189000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-703000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-2183000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-185961000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-106723000
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
15000
rpm Reductions Of Long Term And Short Term Debt
ReductionsOfLongTermAndShortTermDebt
256096000
us-gaap Payments Of Dividends
PaymentsOfDividends
96019000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
100000000
rpm Payments Related To Shares Of Common Stock Returned For Taxes
PaymentsRelatedToSharesOfCommonStockReturnedForTaxes
15729000
rpm Payments Related To Shares Of Common Stock Returned For Taxes
PaymentsRelatedToSharesOfCommonStockReturnedForTaxes
10155000
rpm Payment Of Acquisition Related Contingent Consideration
PaymentOfAcquisitionRelatedContingentConsideration
2218000
rpm Payment Of Acquisition Related Contingent Consideration
PaymentOfAcquisitionRelatedContingentConsideration
187000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-206513000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-1922000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-14995000
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
223168000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
272945000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
208173000
us-gaap Interest Paid Net
InterestPaidNet
58953000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
73322000
CY2019Q4 rpm Other Comprehensive Income Loss Available For Sale Securities And Other Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAndOtherTax
0
rpm Other Comprehensive Income Loss Available For Sale Securities And Other Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAndOtherTax
322000
rpm Other Comprehensive Income Loss Available For Sale Securities And Other Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAndOtherAdjustmentNetOfTax
170000
rpm Increase Decrease In Accrued Loss Reserves
IncreaseDecreaseInAccruedLossReserves
3377000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
2508000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
2119000
CY2019Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-3404000
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
89020000
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
539277000
rpm Reductions Of Long Term And Short Term Debt
ReductionsOfLongTermAndShortTermDebt
542744000
us-gaap Payments Of Dividends
PaymentsOfDividends
92040000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-370047000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
16034000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
39529000
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
233416000
us-gaap Interest Paid Net
InterestPaidNet
41347000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
95069000
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1264663000
CY2020Q3 us-gaap Profit Loss
ProfitLoss
180785000
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
49904000
CY2020Q3 rpm Common Stock Dividends Declared And Paid Per Share
CommonStockDividendsDeclaredAndPaidPerShare
0.36
CY2020Q3 us-gaap Dividends Common Stock
DividendsCommonStock
46622000
CY2020Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3341000
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1452071000
CY2020Q4 us-gaap Profit Loss
ProfitLoss
127884000
CY2020Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
17843000
CY2020Q4 rpm Common Stock Dividends Declared And Paid Per Share
CommonStockDividendsDeclaredAndPaidPerShare
0.38
CY2020Q4 us-gaap Dividends Common Stock
DividendsCommonStock
49397000
CY2020Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2042000
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1550443000
CY2019Q3 rpm Common Stock Dividends Declared And Paid Per Share
CommonStockDividendsDeclaredAndPaidPerShare
0.35
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1346025000
CY2019Q4 us-gaap Profit Loss
ProfitLoss
77322000
CY2019Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
24597000
CY2019Q4 rpm Common Stock Dividends Declared And Paid Per Share
CommonStockDividendsDeclaredAndPaidPerShare
0.36
CY2019Q4 us-gaap Dividends Common Stock
DividendsCommonStock
46717000
CY2019Q4 rpm Minority Interest Increase Decrease Other
MinorityInterestIncreaseDecreaseOther
-368000
CY2019Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2441000
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1403300000
CY2020Q4 us-gaap Debt Securities Trading Realized Gain Loss
DebtSecuritiesTradingRealizedGainLoss
-23000
CY2020Q4 rpm Percentage Of Subsidiary Earnings Included In Consolidation
PercentageOfSubsidiaryEarningsIncludedInConsolidation
1
us-gaap Payment For Contingent Consideration Liability Investing Activities
PaymentForContingentConsiderationLiabilityInvestingActivities
2800000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
2700000
us-gaap Payment For Contingent Consideration Liability Investing Activities
PaymentForContingentConsiderationLiabilityInvestingActivities
5900000
CY2020Q4 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
774000
CY2019Q4 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
1429000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
1441000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
2776000
CY2020Q4 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
8388000
CY2019Q4 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
6939000
us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
20172000
us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
10479000
CY2020Q4 us-gaap Investment Income Dividend
InvestmentIncomeDividend
357000
CY2019Q4 us-gaap Investment Income Dividend
InvestmentIncomeDividend
437000
us-gaap Investment Income Dividend
InvestmentIncomeDividend
668000
us-gaap Investment Income Dividend
InvestmentIncomeDividend
935000
CY2020Q4 rpm Net Investment Income And Other Income
NetInvestmentIncomeAndOtherIncome
9519000
CY2019Q4 rpm Net Investment Income And Other Income
NetInvestmentIncomeAndOtherIncome
8805000
rpm Net Investment Income And Other Income
NetInvestmentIncomeAndOtherIncome
22281000
rpm Net Investment Income And Other Income
NetInvestmentIncomeAndOtherIncome
14190000
CY2020Q4 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
7863000
CY2019Q4 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
7062000
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
21819000
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
10538000
CY2020Q4 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
548000
CY2019Q4 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
-114000
us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
-1624000
us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
-46000
CY2019Q4 us-gaap Debt Securities Trading Realized Gain Loss
DebtSecuritiesTradingRealizedGainLoss
-9000
us-gaap Debt Securities Trading Realized Gain Loss
DebtSecuritiesTradingRealizedGainLoss
-23000
us-gaap Debt Securities Trading Realized Gain Loss
DebtSecuritiesTradingRealizedGainLoss
-13000
CY2019Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
128393000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
128459000
CY2020Q4 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
8388000
CY2019Q4 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
6939000
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
20172000
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
10479000
CY2020Q4 rpm Royalty Income Expense Nonoperating
RoyaltyIncomeExpenseNonoperating
-60000
CY2019Q4 rpm Royalty Income Expense Nonoperating
RoyaltyIncomeExpenseNonoperating
360000
rpm Royalty Income Expense Nonoperating
RoyaltyIncomeExpenseNonoperating
-29000
rpm Royalty Income Expense Nonoperating
RoyaltyIncomeExpenseNonoperating
94000
CY2020Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
297000
CY2019Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
65000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
484000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-25000
CY2020Q4 rpm Pension Non Service Costs
PensionNonServiceCosts
3370000
CY2019Q4 rpm Pension Non Service Costs
PensionNonServiceCosts
1550000
rpm Pension Non Service Costs
PensionNonServiceCosts
6706000
rpm Pension Non Service Costs
PensionNonServiceCosts
2979000
CY2019Q4 rpm Income Loss From Divestiture Of Businesses And Interests In Subsidiaries And Affiliates
IncomeLossFromDivestitureOfBusinessesAndInterestsInSubsidiariesAndAffiliates
-826000
rpm Income Loss From Divestiture Of Businesses And Interests In Subsidiaries And Affiliates
IncomeLossFromDivestitureOfBusinessesAndInterestsInSubsidiariesAndAffiliates
-826000
CY2020Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3133000
CY2019Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1951000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-6251000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3736000
CY2020Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.234
CY2019Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.240
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.244
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.248
CY2020Q4 rpm Corporate Income Tax Rate
CorporateIncomeTaxRate
0.21
CY2019Q4 rpm Corporate Income Tax Rate
CorporateIncomeTaxRate
0.21
rpm Corporate Income Tax Rate
CorporateIncomeTaxRate
0.21
rpm Corporate Income Tax Rate
CorporateIncomeTaxRate
0.21
CY2020Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
12000000.0
CY2020Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
434200000
CY2020Q4 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfForeignSubsidiaries
0
CY2020Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
36292000
CY2020Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
341551000
CY2020Q2 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
282579000
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
488066000
CY2020Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
527869000
CY2020Q4 us-gaap Inventory Net
InventoryNet
829617000
CY2020Q2 us-gaap Inventory Net
InventoryNet
810448000
rpm Shares Repurchased Authorization Date
SharesRepurchasedAuthorizationDate
2008-01-08
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0
CY2020Q4 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0
CY2019Q4 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1655616
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
100000000.0
rpm Repurchase Of Common Stock Price Per Share Range
RepurchaseOfCommonStockPricePerShareRange
60.40
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
127659000
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
77030000
us-gaap Net Income Loss
NetIncomeLoss
308254000
us-gaap Net Income Loss
NetIncomeLoss
183218000
CY2020Q4 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1130000
CY2019Q4 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
548000
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
2517000
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1167000
CY2020Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
126529000
CY2019Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
76482000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
305737000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
182051000
CY2020Q4 us-gaap Undistributed Earnings
UndistributedEarnings
4000
CY2019Q4 us-gaap Undistributed Earnings
UndistributedEarnings
1000
us-gaap Undistributed Earnings
UndistributedEarnings
9000
us-gaap Undistributed Earnings
UndistributedEarnings
3000
CY2020Q4 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
126533000
CY2019Q4 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
76483000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
305746000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
182054000
CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
128500000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
128639000
CY2020Q4 rpm Incremental Common Shares Attributable To Average Diluted Options And Awards
IncrementalCommonSharesAttributableToAverageDilutedOptionsAndAwards
590000
CY2019Q4 rpm Incremental Common Shares Attributable To Average Diluted Options And Awards
IncrementalCommonSharesAttributableToAverageDilutedOptionsAndAwards
686000
rpm Incremental Common Shares Attributable To Average Diluted Options And Awards
IncrementalCommonSharesAttributableToAverageDilutedOptionsAndAwards
619000
rpm Incremental Common Shares Attributable To Average Diluted Options And Awards
IncrementalCommonSharesAttributableToAverageDilutedOptionsAndAwards
655000
CY2020Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129090000
CY2019Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129079000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129078000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129294000
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.98
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.60
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.38
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.42
CY2020Q4 rpm Method Used To Calculate Basic Earnings Per Share
MethodUsedToCalculateBasicEarningsPerShare
Two-class
CY2019Q4 rpm Method Used To Calculate Basic Earnings Per Share
MethodUsedToCalculateBasicEarningsPerShare
Two-class
rpm Method Used To Calculate Basic Earnings Per Share
MethodUsedToCalculateBasicEarningsPerShare
Two-class
rpm Method Used To Calculate Basic Earnings Per Share
MethodUsedToCalculateBasicEarningsPerShare
Two-class
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.98
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.59
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.37
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.41
CY2020Q4 rpm Method Used To Calculate Diluted Earnings Per Share
MethodUsedToCalculateDilutedEarningsPerShare
Two-class
CY2019Q4 rpm Method Used To Calculate Diluted Earnings Per Share
MethodUsedToCalculateDilutedEarningsPerShare
Two-class
rpm Method Used To Calculate Diluted Earnings Per Share
MethodUsedToCalculateDilutedEarningsPerShare
Two-class
rpm Method Used To Calculate Diluted Earnings Per Share
MethodUsedToCalculateDilutedEarningsPerShare
Two-class
CY2020Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
12836000
CY2019Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
10069000
CY2020Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
11106000
CY2019Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
10414000
CY2020Q4 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
7652000
CY2019Q4 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
5721000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
13582000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
11380000
CY2020Q4 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
6866000
CY2019Q4 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
6207000
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
14526000
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
11521000
CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
12050000
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
10555000
CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
12050000
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
10555000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
us-gaap Revenue Performance Obligation Description Of Payment Terms
RevenuePerformanceObligationDescriptionOfPaymentTerms
Payment terms and conditions vary by contract type, although our customers’ payment terms generally include a requirement to pay within 30 to 60 days of fulfilling our performance obligations.
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1081841000
CY2020Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1159130000
CY2020Q4 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-77289000
CY2020Q4 rpm Percentage Of Accounts Receivable Net
PercentageOfAccountsReceivableNet
-0.067
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
27154000
CY2020Q4 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-9138000
CY2020Q4 rpm Percentage Of Contract With Customer Asset Net
PercentageOfContractWithCustomerAssetNet
-0.252
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
28310000
CY2020Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
25605000
CY2020Q4 rpm Contract With Customer Net Asset Liability
ContractWithCustomerNetAssetLiability
1156000
CY2020Q3 rpm Contract With Customer Net Asset Liability
ContractWithCustomerNetAssetLiability
-10687000
CY2020Q4 rpm Change In Net Contract With Customer Asset Liability
ChangeInNetContractWithCustomerAssetLiability
-11843000
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1081841000
CY2020Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1137957000
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-56116000
rpm Percentage Of Accounts Receivable Net
PercentageOfAccountsReceivableNet
-0.049
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
27154000
CY2020Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
25249000
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
1905000
rpm Percentage Of Contract With Customer Asset Net
PercentageOfContractWithCustomerAssetNet
0.075
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
28310000
CY2020Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
25288000
CY2020Q4 rpm Contract With Customer Net Asset Liability
ContractWithCustomerNetAssetLiability
1156000
CY2020Q2 rpm Contract With Customer Net Asset Liability
ContractWithCustomerNetAssetLiability
39000
rpm Change In Net Contract With Customer Asset Liability
ChangeInNetContractWithCustomerAssetLiability
-1117000
CY2020Q4 rpm Change In Net Contract With Customer Asset Liability
ChangeInNetContractWithCustomerAssetLiability
-11800000
rpm Change In Net Contract With Customer Asset Liability
ChangeInNetContractWithCustomerAssetLiability
-1100000
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
66900000
CY2020Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
66400000
CY2020Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
66000000.0
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
55927000
CY2020Q4 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-106000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
2493000
CY2020Q4 rpm Accounts Receivable Allowance For Credit Loss Translation Adjustments
AccountsReceivableAllowanceForCreditLossTranslationAdjustments
214000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
53542000
CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
55847000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1168000
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
5347000
rpm Accounts Receivable Allowance For Credit Loss Translation Adjustments
AccountsReceivableAllowanceForCreditLossTranslationAdjustments
1874000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
53542000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1485915000
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1401292000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3092586000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2874056000
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
166956000
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
101753000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
408325000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
244602000
CY2020Q4 us-gaap Assets
Assets
5790208000
CY2020Q2 us-gaap Assets
Assets
5630954000
CY2020Q2 us-gaap Goodwill
Goodwill
1250066000
CY2020Q3 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
28468000
CY2020Q3 us-gaap Goodwill
Goodwill
1278534000
CY2020Q4 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
20126000
CY2020Q4 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
2117000
CY2020Q4 us-gaap Goodwill
Goodwill
1300777000

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