RPM International (RPM) 10-Q 5 Jan 22 2022 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Nov. 30, 2021	Dec. 31, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Nov. 30, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Entity Registrant Name	RPM International Inc.
Entity Central Index Key	0000110621
Current Fiscal Year End Date	--05-31
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Bankruptcy Proceedings, Reporting Current	false
Entity Common Stock, Shares Outstanding		129,675,739
Entity File Number	1-14187
Entity Tax Identification Number	02-0642224
Entity Address, Address Line One	P.O. BOX 777
Entity Address, Address Line Two	2628 PEARL ROAD
Entity Address, City or Town	MEDINA
Entity Address, State or Province	OH
Entity Address, Postal Zip Code	44258
City Area Code	330
Local Phone Number	273-5090
Entity Incorporation, State or Country Code	DE
Document Quarterly Report	true
Document Transition Report	false
Trading Symbol	RPM
Security Exchange Name	NYSE
Title of 12(b) Security	Common Stock, par value $0.01

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Nov. 30, 2021	May 31, 2021
Current Assets
Cash and cash equivalents	$ 192,851	$ 246,704
Trade accounts receivable (less allowances of $50,932 and $55,922, respectively)	1,173,494	1,280,806
Inventories	1,040,923	938,095
Prepaid expenses and other current assets	352,153	316,399
Total current assets	2,759,421	2,782,004
Property, Plant and Equipment, at Cost	2,035,005	1,967,482
Allowance for depreciation	(1,011,928)	(1,002,300)
Property, plant and equipment, net	1,023,077	965,182
Other Assets
Goodwill	1,338,465	1,345,754
Other intangible assets, net of amortization	611,427	628,693
Operating lease right-of-use assets	302,701	300,827
Deferred income taxes	23,368	26,804
Other	196,440	203,705
Total other assets	2,472,401	2,505,783
Total Assets	6,254,899	6,252,969
Current Liabilities
Accounts payable	655,502	717,176
Current portion of long-term debt	302,719	1,282
Accrued compensation and benefits	180,549	258,380
Accrued losses	25,283	29,054
Other accrued liabilities	319,536	325,522
Total current liabilities	1,483,589	1,331,414
Long-Term Liabilities
Long-term debt, less current maturities	2,163,274	2,378,544
Operating lease liabilities	259,962	257,415
Other long-term liabilities	404,548	436,176
Deferred income taxes	105,770	106,395
Total long-term liabilities	2,933,554	3,178,530
Commitments and contingencies (Note 14)
Stockholders' Equity
Preferred stock, par value $0.01; authorized 50,000 shares; none issued
Common stock, par value $0.01; authorized 300,000 shares; issued 144,666 and outstanding 129,677 as of November 30, 2021; issued 144,199 and outstanding 129,573 as of May 31, 2021	1,297	1,295
Paid-in capital	1,073,039	1,055,400
Treasury stock, at cost	(675,471)	(653,006)
Accumulated other comprehensive (loss)	(573,745)	(514,884)
Retained earnings	2,010,991	1,852,259
Total RPM International Inc. stockholders' equity	1,836,111	1,741,064
Noncontrolling Interest	1,645	1,961
Total equity	1,837,756	1,743,025
Total Liabilities and Stockholders' Equity	$ 6,254,899	$ 6,252,969

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Nov. 30, 2021	May 31, 2021
Statement of Financial Position [Abstract]
Trade accounts receivable, allowances	$ 50,932	$ 55,922
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, authorized	50,000,000	50,000,000
Preferred stock, issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, authorized	300,000,000	300,000,000
Common stock, issued	144,666,000	144,199,000
Common stock, outstanding	129,677,000	129,573,000

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Income Statement [Abstract]
Net Sales		$ 1,639,538	$ 1,485,915	$ 3,289,959	$ 3,092,586
Cost of Sales		1,056,924	899,743	2,093,994	1,852,759
Gross Profit		582,614	586,172	1,195,965	1,239,827
Selling, General and Administrative Expenses		437,709	399,418	856,676	795,370
Restructuring Expense		2,977	4,918	3,988	9,151
Interest Expense		21,002	21,266	42,111	43,011
Investment (Income) Expense, Net		2,816	(9,519)	(2,934)	(22,281)
(Gain) on Sales of Assets, Net		(42,124)		(42,242)	0
Other (Income) Expense, Net		(2,920)	3,133	(6,259)	6,251
Income Before Income Taxes		163,154	166,956	344,625	408,325
Provision for Income Taxes		38,038	39,072	84,714	99,655
Net Income		125,116	127,884	259,911	308,670
Less: Net Income Attributable to Noncontrolling Interests		241	225	454	416
Net Income Attributable to RPM International Inc. Stockholders		$ 124,875	$ 127,659	$ 259,457	$ 308,254
Average Number of Shares of Common Stock Outstanding:
Basic		128,022	128,500	128,058	128,459
Diluted	[1]	128,494	129,090	128,537	129,078
Earnings per Share of Common Stock Attributable to RPM International Inc. Stockholders:
Basic		$ 0.97	$ 0.98	$ 2.01	$ 2.38
Diluted		$ 0.96	$ 0.98	$ 2	$ 2.37
[1]	For the three and six months ended November 30, 2021, no restricted shares were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive. For the three and six months ended November 30, 2020, restricted shares totaling 225,500 and 339,550 were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive. In addition, stock appreciation rights (“SARs”) totaling 660,000 for both the three and six months ended November 30, 2021, and 360,000 for both the three and six months ended November 30, 2020, were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Statement of Comprehensive Income [Abstract]
Net Income	$ 125,116	$ 127,884	$ 259,911	$ 308,670
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments (net of tax of $1,521; $81; $3,858 and $2,944, respectively)	(46,866)	12,495	(85,846)	77,162
Pension and other postretirement benefit liability adjustments (net of tax of $1,213; $1,722; $2,679 and $2,508, respectively)	3,587	5,644	8,029	8,904
Unrealized gain (loss) on securities and other (net of tax of $90; $240; $235 and $322, respectively)	(177)	80	97	170
Unrealized gain (loss) on derivatives (net of tax of $3,142; $119, $5,713 and $5,662, respectively)	10,190	(376)	18,800	(18,489)
Total other comprehensive income (loss)	(33,266)	17,843	(58,920)	67,747
Total Comprehensive Income	91,850	145,727	200,991	376,417
Less: Comprehensive Income Attributable to Noncontrolling Interests	212	225	395	484
Comprehensive Income Attributable to RPM International Inc. Stockholders	$ 91,638	$ 145,502	$ 200,596	$ 375,933

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Statement of Comprehensive Income [Abstract]
Foreign currency translation adjustments, Tax	$ 1,521	$ 81	$ 3,858	$ 2,944
Pension and other postretirement benefit liability adjustments, Tax	1,213	1,722	2,679	2,508
Unrealized gain (loss) on securities and other, Tax	90	240	235	322
Unrealized gain (loss) on derivatives, Tax	$ 3,142	$ 119	$ 5,713	$ 5,662

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Nov. 30, 2021	Nov. 30, 2020
Cash Flows from Operating Activities:
Net Income	$ 259,911	$ 308,670
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Depreciation and amortization	75,975	72,506
Restructuring charges, net of payments	(2,107)	(2,291)
Fair value adjustments to contingent earnout obligations	2,470	2,712
Deferred income taxes	(6,130)	1,786
Stock-based compensation expense	17,010	21,118
Net loss (gain) on marketable securities	1,817	(20,172)
Net (gain) on sales of assets	(42,242)	0
Other	(7)	(194)
Changes in assets and liabilities, net of effect from purchases and sales of businesses:
Decrease in receivables	80,510	91,027
(Increase) decrease in inventory	(124,941)	21,655
(Increase) decrease in prepaid expenses and other current and long-term assets	(15,165)	8,782
(Decrease) increase in accounts payable	(29,291)	8,331
(Decrease) in accrued compensation and benefits	(73,449)	(28,919)
(Decrease) increase in accrued losses	(3,322)	3,377
Increase in other accrued liabilities	18,316	89,020
Other	0	2,095
Cash Provided by Operating Activities	159,355	579,503
Cash Flows from Investing Activities:
Capital expenditures	(101,416)	(70,943)
Acquisition of businesses, net of cash acquired	(114,231)	(113,618)
Purchase of marketable securities	(9,476)	(23,292)
Proceeds from sales of marketable securities	6,179	21,189
Proceeds from sales of assets	50,599	0
Other	(55)	703
Cash (Used For) Investing Activities	(168,400)	(185,961)
Cash Flows from Financing Activities:
Additions to long-term and short-term debt	104,377	15
Reductions of long-term and short-term debt	(733)	(256,096)
Cash dividends	(100,725)	(96,019)
Repurchases of common stock	(12,500)	0
Shares of common stock returned for taxes	(9,959)	(15,729)
Payments of acquisition-related contingent consideration	(5,714)	(2,218)
Other	(710)	0
Cash (Used For) Financing Activities	(25,964)	(370,047)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(18,844)	16,034
Net Change in Cash and Cash Equivalents	(53,853)	39,529
Cash and Cash Equivalents at Beginning of Period	246,704	233,416
Cash and Cash Equivalents at End of Period	192,851	272,945
Cash paid during the period for:
Interest	41,095	41,347
Income Taxes, net of refunds	$ 102,826	$ 95,069

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Paid-In Capital	Treasury Stock	Accumulated Other Comprehensive Income (Loss)	Retained Earnings	Total RPM International Inc. Equity	Noncontrolling Interests
Beginning Balance at May. 31, 2020	$ 1,264,663	$ 1,295	$ 1,014,428	$ (580,117)	$ (717,497)	$ 1,544,336	$ 1,262,445	$ 2,218
Beginning Balance (in shares) at May. 31, 2020		129,511,000
Net income	180,785					180,595	180,595	190
Other comprehensive (loss) income	49,904				49,835		49,835	69
Dividends declared and paid	(46,622)					(46,622)	(46,622)
Stock compensation expense and other deferred compensation, shares granted less shares returned for taxes	3,341	$ 5	10,451	(7,115)			3,341
Stock compensation expense and other deferred compensation, shares granted less shares returned for taxes (in shares)		464,000
Ending Balance at Aug. 31, 2020	1,452,071	$ 1,300	1,024,879	(587,232)	(667,662)	1,678,309	1,449,594	2,477
Ending Balance (in shares) at Aug. 31, 2020		129,975,000
Beginning Balance at May. 31, 2020	1,264,663	$ 1,295	1,014,428	(580,117)	(717,497)	1,544,336	1,262,445	2,218
Beginning Balance (in shares) at May. 31, 2020		129,511,000
Net income	308,670
Other comprehensive (loss) income	$ 67,747
Share repurchases under repurchase program (in shares)	0
Ending Balance at Nov. 30, 2020	$ 1,550,443	$ 1,301	1,035,539	(595,851)	(649,819)	1,756,571	1,547,741	2,702
Ending Balance (in shares) at Nov. 30, 2020		130,106,000
Beginning Balance at Aug. 31, 2020	1,452,071	$ 1,300	1,024,879	(587,232)	(667,662)	1,678,309	1,449,594	2,477
Beginning Balance (in shares) at Aug. 31, 2020		129,975,000
Net income	127,884					127,659	127,659	225
Other comprehensive (loss) income	17,843				17,843		17,843
Dividends declared and paid	$ (49,397)					(49,397)	(49,397)
Share repurchases under repurchase program (in shares)	0
Stock compensation expense and other deferred compensation, shares granted less shares returned for taxes	$ 2,042	$ 1	10,660	(8,619)			2,042
Stock compensation expense and other deferred compensation, shares granted less shares returned for taxes (in shares)		131,000
Ending Balance at Nov. 30, 2020	1,550,443	$ 1,301	1,035,539	(595,851)	(649,819)	1,756,571	1,547,741	2,702
Ending Balance (in shares) at Nov. 30, 2020		130,106,000
Beginning Balance at May. 31, 2021	1,743,025	$ 1,295	1,055,400	(653,006)	(514,884)	1,852,259	1,741,064	1,961
Beginning Balance (in shares) at May. 31, 2021		129,573,000
Net income	134,795					134,582	134,582	213
Other comprehensive (loss) income	(25,654)				(25,624)		(25,624)	(30)
Dividends declared and paid	(48,901)					(48,901)	(48,901)
Share repurchases under repurchase program	(12,500)	$ (1)	1	(12,500)			(12,500)
Share repurchases under repurchase program (in shares)		(133,000)
Stock compensation expense and other deferred compensation, shares granted less shares returned for taxes	(45)	$ 3	5,760	(5,808)			(45)
Stock compensation expense and other deferred compensation, shares granted less shares returned for taxes (in shares)		303,000
Ending Balance at Aug. 31, 2021	1,790,720	$ 1,297	1,061,161	(671,314)	(540,508)	1,937,940	1,788,576	2,144
Ending Balance (in shares) at Aug. 31, 2021		129,743,000
Beginning Balance at May. 31, 2021	1,743,025	$ 1,295	1,055,400	(653,006)	(514,884)	1,852,259	1,741,064	1,961
Beginning Balance (in shares) at May. 31, 2021		129,573,000
Net income	259,911
Other comprehensive (loss) income	(58,920)
Share repurchases under repurchase program	$ (12,500)
Share repurchases under repurchase program (in shares)	(133,388)
Ending Balance at Nov. 30, 2021	$ 1,837,756	$ 1,297	1,073,039	(675,471)	(573,745)	2,010,991	1,836,111	1,645
Ending Balance (in shares) at Nov. 30, 2021		129,677,000
Beginning Balance at Aug. 31, 2021	1,790,720	$ 1,297	1,061,161	(671,314)	(540,508)	1,937,940	1,788,576	2,144
Beginning Balance (in shares) at Aug. 31, 2021		129,743,000
Net income	125,116					124,875	124,875	241
Other comprehensive (loss) income	(33,266)				(33,237)		(33,237)	(29)
Dividends declared and paid	$ (52,535)					(51,824)	(51,824)	(711)
Share repurchases under repurchase program (in shares)	0
Stock compensation expense and other deferred compensation, shares granted less shares returned for taxes	$ 7,721		11,878	(4,157)			7,721
Stock compensation expense and other deferred compensation, shares granted less shares returned for taxes (in shares)		(66,000)
Ending Balance at Nov. 30, 2021	$ 1,837,756	$ 1,297	$ 1,073,039	$ (675,471)	$ (573,745)	$ 2,010,991	$ 1,836,111	$ 1,645
Ending Balance (in shares) at Nov. 30, 2021		129,677,000

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Nov. 30, 2021	Aug. 31, 2021	Nov. 30, 2020	Aug. 31, 2020
Statement of Stockholders' Equity [Abstract]
Dividends declared and paid per share	$ 0.40	$ 0.38	$ 0.38	$ 0.36

Consolidation, Noncontrolling I

Consolidation, Noncontrolling Interests and Basis of Presentation	6 Months Ended
	Nov. 30, 2021
Accounting Policies [Abstract]
Consolidation, Noncontrolling Interests and Basis of Presentation	NOTE 1 — CONSOLIDATION, NONCONTROLLING INTERESTS AND BASIS OF PRESENTATION The accompanying unaudited Consolidated Financial Statements have been prepared in accordance with Generally Accepted Accounting Principles in the U.S. (“GAAP”) for interim financial information and the instructions to Form 10-Q. In our opinion, all adjustments (consisting of normal, recurring accruals) considered necessary for a fair presentation have been included for the three- and six-month periods ended November 30, 2021 and November 30, 2020. For further information, refer to the Consolidated Financial Statements and Notes included in our Annual Report on Form 10-K for the year ended May 31, 2021. Our financial statements include all of our majority-owned subsidiaries. We account for our investments in less-than-majority-owned joint ventures, for which we have the ability to exercise significant influence, under the equity method. Effects of transactions between related companies are eliminated in consolidation. Noncontrolling interests are presented in our Consolidated Financial Statements as if parent company investors (controlling interests) and other minority investors (noncontrolling interests) in partially-owned subsidiaries have similar economic interests in a single entity. As a result, investments in noncontrolling interests are reported as equity in our Consolidated Financial Statements. Additionally, our Consolidated Financial Statements include 100 % of a controlled subsidiary’s earnings, rather than only our share. Transactions between the parent company and noncontrolling interests are reported in equity as transactions between stockholders, provided that these transactions do not create a change in control. Our business is dependent on external weather factors. Historically, we have experienced strong sales and net income in our first, second and fourth fiscal quarters comprising the three-month periods ending August 31, November 30 and May 31, respectively, with weaker performance in our third fiscal quarter (December through February).

New Accounting Pronouncements

New Accounting Pronouncements	6 Months Ended
	Nov. 30, 2021
Accounting Changes and Error Corrections [Abstract]
New Accounting Pronouncements	NOTE 2 — NEW ACCOUNTING PRONOUNCEMENTS New Pronouncements Adopted In August 2018, the FASB issued ASU 2018-14, “Compensation—Retirement Benefits—Defined Benefit Plans—General (Subtopic 715-20), Disclosure Framework – Changes to the Disclosure Requirements for Defined Benefit Plans,” which makes a number of changes meant to add, modify or remove certain disclosure requirements associated with employers that sponsor defined benefit or other postretirement plans. This guidance is effective for fiscal years ending after December 15, 2020. Early adoption was permitted for all entities and the amendments in this update are required to be applied on a retrospective basis to all periods presented. The adoption of this new guidance, effective for the fiscal year ending May 31, 2021 , did not have a material impact on our Consolidated Financial Statements or disclosures. In December 2019, the FASB issued ASU 2019-12, “Income Taxes (Topic 740),” which simplifies the accounting for income taxes by removing certain exceptions to the general principles in Topic 740. The amendments also improve consistent application of and simplify GAAP for other areas of Topic 740 by clarifying and amending existing guidance. This guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. Early adoption of the amendments is permitted, including adoption in any interim period for which financial statements have not yet been issued. Depending on the amendment, adoption may be applied on the retrospective, modified retrospective or prospective basis. The adoption of this new guidance, effective June 1, 2021 using the prospective method, did not have a material impact on our Consolidated Financial Statements. New Pronouncements Issued We are not aware of any recently issued accounting pronouncements that have not yet been adopted by us and which would have a material impact on our consolidated financial statements.

Restructuring

Restructuring	6 Months Ended
	Nov. 30, 2021
Restructuring and Related Activities [Abstract]
Restructuring	NOTE 3 — RESTRUCTURING We record restructuring charges associated with management-approved restructuring plans to either reorganize one or more of our business segments, or to remove duplicative headcount and infrastructure associated with our businesses. Restructuring charges can include severance costs to eliminate a specified number of employees, infrastructure charges to vacate facilities and consolidate operations, contract cancellation costs and other costs. Restructuring charges are recorded based upon planned employee termination dates and site closure and consolidation plans. The timing of associated cash payments is dependent upon the type of restructuring charge and can extend over a multi-year period. We record the short-term portion of our restructuring liability in Other Accrued Liabilities and the long-term portion, if any, in Other Long-Term Liabilities in our Consolidated Balance Sheets. MAP to Growth Between May and August 2018, we approved and implemented the initial phases of a multi-year restructuring plan, which was originally referred to as the 2020 Margin Acceleration Plan (“2020 MAP to Growth”). The initial phases of our 2020 MAP to Growth affected all of our reportable segments, as well as our corporate/nonoperating segment, and focused on margin improvement by simplifying business processes; reducing inventory categories and rationalizing SKUs; eliminating underperforming businesses; reducing headcount and working capital; and improving operating efficiency. The disruption caused by the outbreak of the Covid pandemic delayed the finalization of our 2020 MAP to Growth past the original target completion date of December 31, 2020. In recognition of the fact our restructuring plan extends past calendar year 2020, we began referring to it simply as our “MAP to Growth.” On May 31, 2021, we formally concluded our MAP to Growth. However, certain projects identified prior to May 31, 2021 are not yet completed. Accordingly, we expect to incur restructuring expense throughout fiscal year 2022. The total expected costs are subject to change as we complete these projects. Our execution of the MAP to Growth drove the de-layering and simplification of management and businesses associated with group realignment. We have implemented four center-led functional areas including manufacturing and operations; procurement and supply chain; information technology; and accounting and finance. Our MAP to Growth optimized our manufacturing facilities and provided more efficient plant and distribution facilities. Through the balance sheet date, in association with our MAP to Growth, we have completed, or are in the process of completing, the planned closure of 29 plants and 28 warehouses. We also expect to incur additional severance and benefit costs as part of our planned closure of these facilities. The current total expected costs associated with this plan are outlined in the table below and increased by approximately $ 1.9 million compared to our previous estimate, primarily attributable to increases in expected severance and benefit charges of $ 1.2 million and expected facility closure and other related costs of $ 0.7 million. Following is a summary of the charges recorded in connection with restructuring by reportable segment: Three Months Six Months Cumulative Total (In thousands) November 30, 2021 November 30, 2021 to Date Costs Construction Products Group ("CPG") Segment: Severance and benefit costs (credits) (a) $ 177 $ ( 316 ) $ 20,972 $ 21,072 Facility closure and other related costs 503 1,043 7,623 7,785 Other restructuring costs - 4 1,982 1,982 Total Charges $ 680 $ 731 $ 30,577 $ 30,839 Performance Coatings Group ("PCG") Segment: Severance and benefit costs (b) $ - $ 128 $ 16,487 $ 16,832 Facility closure and other related costs 250 658 7,287 8,372 Other restructuring costs - - 917 917 Total Charges $ 250 $ 786 $ 24,691 $ 26,121 Consumer Segment: Severance and benefit costs $ - $ - $ 12,307 $ 12,307 Facility closure and other related costs 271 511 12,592 13,088 Other restructuring costs - - 4,420 4,420 Total Charges $ 271 $ 511 $ 29,319 $ 29,815 Specialty Products Group ("SPG") Segment: Severance and benefit costs (c) $ 115 $ 203 $ 8,330 $ 8,898 Facility closure and other related costs 147 245 5,835 6,732 Other restructuring costs (credits) 1 ( 1 ) 1,220 1,220 Total Charges $ 263 $ 447 $ 15,385 $ 16,850 Corporate/Other Segment: Severance and benefit costs (d) $ 1,513 $ 1,513 $ 15,051 $ 15,051 Total Charges $ 1,513 $ 1,513 $ 15,051 $ 15,051 Consolidated: Severance and benefit costs $ 1,805 $ 1,528 $ 73,147 $ 74,160 Facility closure and other related costs 1,171 2,457 33,337 35,977 Other restructuring costs 1 3 8,539 8,539 Total Charges $ 2,977 $ 3,988 $ 115,023 $ 118,676 (a) Severance and benefit costs are associated with the elimination of 11 positions during the three months ended November 30, 2021. Severance and benefit recoveries are associated with the adjustment of previously estimated severance accruals partially offset by the elimination of 16 positions during the six months ended November 30, 2021. (b) Severance and benefit costs are associated with the elimination of three positions during the six months ended November 30, 2021. (c) Severance and benefit costs are associated with the elimination of 16 positions during the six months ended November 30, 2021. (d) Severance and benefit costs are associated with the elimination of one position during the three months ended November 30, 2021. Three Months Six Months (In thousands) November 30, 2020 November 30, 2020 CPG Segment: Severance and benefit costs (e) $ 1,394 $ 1,574 Facility closure and other related costs 440 808 Other restructuring costs 62 99 Total Charges $ 1,896 $ 2,481 PCG Segment: Severance and benefit costs (f) $ 802 $ 1,841 Facility closure and other related costs 556 844 Other restructuring costs 184 213 Total Charges $ 1,542 $ 2,898 Consumer Segment: Severance and benefit costs (g) $ ( 4 ) $ 786 Facility closure and other related costs 785 1,382 Other restructuring costs 204 302 Total Charges $ 985 $ 2,470 SPG Segment: Severance and benefit costs (h) $ ( 57 ) $ 411 Facility closure and other related costs 507 775 Other restructuring costs 45 116 Total Charges $ 495 $ 1,302 Corporate/Other Segment: Severance and benefit costs $ - $ - Total Charges $ - $ - Consolidated: Severance and benefit costs $ 2,135 $ 4,612 Facility closure and other related costs 2,288 3,809 Other restructuring costs 495 730 Total Charges $ 4,918 $ 9,151 (e) Severance and benefit costs are associated with the elimination of 12 positions and 21 positions during the three and six months ended November 30, 2020, respectively. (f) Severance and benefit costs are associated with the elimination of 11 positions and 50 positions during the three and six months ended November 30, 2020, respectively. (g) Severance and benefit recoveries are associated with the adjustment of estimated severance accruals for the three months ended November 30, 2020. Severance and benefit costs for the six months ended November 30, 2020 are associated with the elimination of three positions partially offset by the adjustment in severance accruals during the period. (h) Severance and benefit recoveries for the three months ended November 30, 2020 are associated with the reversal of severance accruals made for five positions which will no longer be eliminated, partially offset by the charges incurred related to the elimination of one position. Severance and benefit charges for the six months ended November 30, 2020 are associated with the elimination of 24 positions. A summary of the activity in the restructuring reserves related to our MAP to Growth is as follows: (in thousands) Severance and Facility Other Total Balance at August 31, 2021 $ 2,386 $ 951 $ - $ 3,337 Additions charged to expense 1,805 1,171 1 2,977 Cash payments charged against reserve ( 2,044 ) ( 1,039 ) - ( 3,083 ) Non-cash charges and other adjustments ( 576 ) ( 187 ) ( 1 ) ( 764 ) Balance at November 30, 2021 $ 1,571 $ 896 $ - $ 2,467 (In thousands) Severance and Facility Other Total Balance at June 1, 2021 $ 4,430 $ 1,290 $ - 5,720 Additions charged to expense 1,528 2,457 3 3,988 Cash payments charged against reserve ( 3,808 ) ( 2,287 ) - ( 6,095 ) Non-cash charges and other adjustments ( 579 ) ( 564 ) ( 3 ) ( 1,146 ) Balance at November 30, 2021 $ 1,571 $ 896 $ - $ 2,467 (In thousands) Severance and Facility Other Total Balance at August 31, 2020 $ 4,893 $ 6,138 $ - $ 11,031 Additions charged to expense 2,135 2,288 495 4,918 Cash payments charged against reserve ( 2,373 ) ( 2,530 ) ( 335 ) ( 5,238 ) Non-cash charges and other adjustments - - ( 160 ) ( 160 ) Balance at November 30, 2020 $ 4,655 $ 5,896 $ - $ 10,551 (In thousands) Severance and Facility Other Total Balance at June 1, 2020 $ 7,357 $ 5,880 $ - $ 13,237 Additions charged to expense 4,612 3,809 730 9,151 Cash payments charged against reserve ( 7,314 ) ( 3,793 ) ( 335 ) ( 11,442 ) Non-cash charges and other adjustments - - ( 395 ) ( 395 ) Balance at November 30, 2020 $ 4,655 $ 5,896 $ - $ 10,551

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Nov. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements	NOTE 4 — FAIR VALUE MEASUREMENTS Financial instruments recorded in the balance sheet include cash and cash equivalents, trade accounts receivable, derivative assets and liabilities, marketable securities, notes and accounts payable, and debt. An allowance for credit losses is established for trade accounts receivable using assessments of current creditworthiness of customers, historical collection experience, the aging of receivables and other currently available evidence. Trade accounts receivable balances are written-off against the allowance if a final determination of uncollectibility is made. All provisions for allowance for doubtful collection of accounts are included in selling, general, and administrative expense. All derivative instruments are recognized in our Consolidated Balance Sheets and measured at fair value. Changes in the fair values of derivative instruments that do not qualify as hedges and/or any ineffective portion of hedges are recognized as a gain or (loss) in our Consolidated Statements of Income in the current period. Changes in the fair value of derivative instruments used effectively as cash flow hedges are recognized in other comprehensive income (loss), along with the change in the value of the hedged item. We do not hold or issue derivative instruments for speculative purposes. The valuation techniques utilized for establishing the fair values of assets and liabilities are based on observable and unobservable inputs. Observable inputs reflect readily obtainable data from independent sources, while unobservable inputs reflect management’s market assumptions. The fair value hierarchy has three levels based on the reliability of the inputs used to determine fair value, as follows: Level 1 Inputs — Quoted prices for identical instruments in active markets. Level 2 Inputs — Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. Level 3 Inputs — Instruments with primarily unobservable value drivers. The following tables present our assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy. In addition, with respect to our derivative assets and liabilities measured at fair value, refer to Note 5, “Derivatives and Hedging” for discussion of their classification within the fair value hierarchy. (In thousands) Quoted Prices Significant Significant Fair Value at Available-for-sale debt securities: U.S. Treasury and other government $ - $ 26,718 $ - $ 26,718 Corporate bonds - 186 - 186 Total available-for-sale debt securities - 26,904 - 26,904 Marketable equity securities: Stocks - foreign 986 - - 986 Stocks - domestic 7,176 - - 7,176 Mutual funds - foreign - 45,142 - 45,142 Mutual funds - domestic - 90,108 - 90,108 Total marketable equity securities 8,162 135,250 - 143,412 Contingent consideration - - ( 9,806 ) ( 9,806 ) Total $ 8,162 $ 162,154 $ ( 9,806 ) $ 160,510 (In thousands) Quoted Prices Assets Significant Significant Fair Value at Available-for-sale debt securities: U.S. Treasury and other government $ - $ 26,563 $ - $ 26,563 Corporate bonds - 182 - 182 Total available-for-sale debt securities - 26,745 - 26,745 Marketable equity securities: Stocks - foreign 768 - - 768 Stocks - domestic 6,975 - - 6,975 Mutual funds - foreign - 47,916 - 47,916 Mutual funds - domestic - 86,428 - 86,428 Total marketable equity securities 7,743 134,344 - 142,087 Contingent consideration - - ( 13,335 ) ( 13,335 ) Total $ 7,743 $ 161,089 $ ( 13,335 ) $ 155,497 Our investments in available-for-sale debt securities and marketable equity securities are valued using a market approach. The availability of inputs observable in the market varies from instrument to instrument and depends on a variety of factors, including the type of instrument, whether the instrument is actively traded and other characteristics particular to the transaction. For most of our financial instruments, pricing inputs are readily observable in the market, the valuation methodology used is widely accepted by market participants, and the valuation does not require significant management discretion. For other financial instruments, pricing inputs are less observable in the market and may require management judgment. The contingent consideration represents the estimated fair value of the additional variable cash consideration payable in connection with recent acquisitions that is contingent upon the achievement of certain performance milestones. We estimated the fair value using expected future cash flows over the period in which the obligation is expected to be settled, and applied a discount rate that appropriately captures a market participant's view of the risk associated with the obligation, which are considered to be Level 3 inputs. During the first half of fiscal 2022, we recorded an increase in the accrual for approximately $ 2.5 million related to fair value adjustments and paid approximately $ 5.7 million to satisfy contingent consideration obligations relating to certain performance milestones that were established in prior periods and achieved during the current year. During the first half of fiscal 2021, we paid approximately $ 2.8 million to satisfy contingent consideration obligations relating to certain performance milestones that were established in prior periods and achieved during the first half of last year, and recorded an increase in the accrual for approximately $ 2.7 million related to fair value adjustments. In the Consolidated Statements of Cash Flows, payments of acquisition-related contingent consideration for the amount recognized at fair value as of the acquisition date are reported in cash flows from financing activities, while payments of contingent consideration in excess of fair value as of the acquisition date, are reported in cash flows from operating activities. The carrying value of our current financial instruments, which include cash and cash equivalents, marketable securities, trade accounts receivable, accounts payable and short-term debt approximates fair value because of the short-term maturity of these financial instruments. At November 30, 2021 and May 31, 2021, the fair value of our long-term debt was estimated using active market quotes, based on our current incremental borrowing rates for similar types of borrowing arrangements, which are Level 2 inputs. Based on the analysis performed, the fair value and the carrying value of our financial instruments and long-term debt as of November 30, 2021 and May 31, 2021 are as follows: At November 30, 2021 (In thousands) Carrying Value Fair Value Cash and cash equivalents $ 192,851 $ 192,851 Marketable equity securities 143,412 143,412 Available-for-sale debt securities 26,904 26,904 Long-term debt, including current portion 2,465,993 2,713,027 At May 31, 2021 (In thousands) Carrying Value Fair Value Cash and cash equivalents $ 246,704 $ 246,704 Marketable equity securities 142,087 142,087 Available-for-sale debt securities 26,745 26,745 Long-term debt, including current portion 2,379,826 2,570,206

Derivatives and Hedging

Derivatives and Hedging	6 Months Ended
	Nov. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives and Hedging	NOTE 5 — DERIVATIVES AND HEDGING Derivative Instruments and Hedging Activities We are exposed to market risks, such as changes in foreign currency exchange rates and interest rates. To manage the volatility related to these exposures, from time to time, we enter into various derivative transactions. We use various types of derivative instruments including forward contracts and swaps. We formally assess, designate and document, as a hedge of an underlying exposure, each qualifying derivative instrument that will be accounted for as an accounting hedge at inception. Additionally, we assess, both at inception and at least quarterly thereafter, whether the financial instruments used in the hedging transaction are effective at offsetting changes in either the fair values or cash flows of the underlying exposures. Derivatives Designated as Hedges In October 2017, as a means of mitigating the impact of currency fluctuations on our Euro investments in foreign entities, we executed a fair value hedge and two cross currency swaps, in which we paid variable rate interest in Euros and received fixed rate interest in U.S. Dollars with a combined notional amount of approximately € 85.25 million ($ 100 million U.S. Dollar equivalent), and which had a maturity date of November 2022 . This effectively converted a portion of our U.S. Dollar denominated fixed-rate debt to Euro denominated variable rate debt. The fair value hedge was recognized at fair value in our Consolidated Balance Sheets, while changes in the fair value of the hedge were recognized in interest expense in our Consolidated Statements of Income. We designated the swaps as net investment hedges of our net investment in our European operations under ASU 2017-12 and applied the spot method to these hedges. In February 2020, the fair value hedge and two cross-currency swaps agreements were terminated, and we received cash in the amount of $ 9.3 million, representing the fair value of the swap and interest accrued through the date of termination. Accordingly, hedge accounting was discontinued and a hedge accounting adjustment to our Senior Notes of $ 1.5 million was recorded and is being amortized to interest expense in the Consolidated Statements of Income through the termination of the 3.450 % Notes in November 2022. Changes in the fair value of the cross-currency swaps due to spot foreign exchange rates are recorded as cumulative translation adjustment within accumulated other comprehensive income ("AOCI") and will remain in AOCI until either the sale or substantially complete liquidation of the hedged subsidiaries. Separately, in February 2020, as a means of mitigating the impact of currency fluctuations on our Euro investments in foreign entities, we executed a cash flow hedge and two cross currency swaps, in which we will pay fixed rate interest in Euros and receive variable rate interest in U.S. Dollars with a combined notional amount of approximately € 277.73 million ($ 300 million U.S. Dollar equivalent), and which have a maturity date of February 2023 . This effectively converts our U.S. Dollar denominated variable rate debt to Euro denominated fixed rate debt. The cash flow hedge is recognized at fair value in our Consolidated Balance Sheets, while changes in the fair value of the hedge will be recognized in AOCI when the hedged items affect earnings. Amounts recognized in AOCI will be recognized in earnings in interest expense when the hedged interest payment is accrued. We designated the swaps as net investment hedges of our net investment in our European operations under ASU 2017-12 and applied the spot method to these hedges. The changes in fair value of the derivative instruments that are designated and qualify as hedges of net investments in foreign operations are recognized in AOCI to offset the changes in the values of the net investments being hedged. In addition, in February 2020, as a means of mitigating the variability of the functional-currency-equivalent cash flows associated with the U.S. Dollar denominated term loan facility (referred to as Foreign Borrower’s Term Loan), we executed a cash flow hedge, in which we will pay fixed rate interest in Euros and receive variable rate interest in U.S. Dollars with a notional amount of approximately € 92.52 million ($ 100 million U.S. Dollar equivalent), and which have a maturity date of February 2023 . This effectively converts our U.S. Dollar denominated variable rate debt to Euro denominated fixed rate debt. The cash flow hedge is recognized at fair value in our Consolidated Balance Sheets, while changes in the fair value of the hedge will be recognized in AOCI when the hedged items affect earnings. Amounts recorded in AOCI will be recognized in earnings in interest expense when the hedged interest payment is accrued. In addition, since this currency swap is a hedge of variability of the functional currency equivalent cash flows of a recognized liability to be remeasured at spot exchange rates under ASC 830, an amount that will offset the gain or loss arising from the remeasurement of the hedged liability will be reclassified each period from AOCI to earnings as foreign exchange gain/(loss), which is a component of SG&A expenses. The following table summarizes the location and effects of our derivatives instruments on the Consolidated Statements of Comprehensive Income and Consolidated Statements of Income for gains or losses initially recognized in AOCI in the Consolidated Balance Sheet: Pretax gain/(loss) recognized Pretax gain/(loss) reclassified Three Months Ended Three Months Ended (In thousands) November 30, 2021 November 30, 2020 Income statement location November 30, 2021 November 30, 2020 Interest rate swap (cash flow) $ 868 $ ( 149 ) Interest (expense) income $ ( 930 ) $ ( 846 ) Cross currency swap (cash flow) 4,157 51 Interest (expense) income 138 160 Cross currency swap (cash flow) - - Foreign exchange gain (loss) 4,013 75 Cross currency swap (net investment) 11,440 ( 957 ) Gain or (loss) on sale of subsidiary - - Total $ 16,465 $ ( 1,055 ) $ 3,221 $ ( 611 ) Pretax gain/(loss) recognized Pretax gain/(loss) reclassified (In thousands) Six Months Ended Six Months Ended Derivatives in hedging relationships November 30, 2021 November 30, 2020 Income Statement Location November 30, 2021 November 30, 2020 Interest rate swap (cash flow) $ 832 $ ( 747 ) Interest (expense) income $ ( 1,860 ) $ ( 1,613 ) Cross currency swap (cash flow) 7,604 ( 7,304 ) Interest (expense) income 276 351 Cross currency swap (cash flow) - - Foreign exchange gain (loss) 7,420 ( 7,380 ) Cross currency swap (net investment) 21,743 ( 24,090 ) Gain or (loss) on sale of subsidiary - - Total $ 30,179 $ ( 32,141 ) $ 5,836 $ ( 8,642 ) Derivatives Not Designated as Hedges At November 30, 2021, and May 31, 2021, we held one foreign currency forward contract at each period end designed to reduce our exposure to changes in the cash flows of intercompany foreign-currency-denominated loans related to changes in foreign currency exchange rates by fixing the functional currency cash flows. These contracts have not been designated as hedges; therefore, the changes in fair value of the contracts are recognized in earnings as a component of SG&A expenses. Amounts recognized in earnings did not have a material impact on our Consolidated Financial Statements for any period presented. As of November 30, 2021, and May 31, 2021, the notional amounts of the forward contract held to purchase foreign currencies was $ 230.7 million and $ 191.7 million, respectively. Disclosure about Derivative Instruments All of our derivative assets and liabilities measured at fair value are classified as Level 2 within the fair value hierarchy. We determine the fair value of our derivatives based on valuation methods, which project future cash flows and discount the future amounts to present value using market based observable inputs, including interest rate curves, foreign currency rates, as well as future and basis point spreads, as applicable. The fair values of qualifying and non-qualifying instruments used in hedging transactions as of November 30, 2021 and May 31, 2021 are as follows: (In thousands) Fair Value Derivatives Designated as Hedging Instruments Balance Sheet Location November 30, 2021 May 31, 2021 Assets: Cross Currency Swap (Net Investment) Other Current Assets $ 5,916 $ 6,233 Cross Currency Swap (Cash Flow) Other Current Assets 767 516 Liabilities: Interest Rate Swap (Cash Flow) Other Accrued Liabilities $ 2,913 $ 3,547 Cross Currency Swap (Net Investment) Other Accrued Liabilities 839 1,321 Cross Currency Swap (Net Investment) Other Long-Term Liabilities 17,343 39,228 Cross Currency Swap (Cash Flow) Other Long-Term Liabilities 5,889 13,786 Interest Rate Swap (Cash Flow) Other Long-Term Liabilities 410 2,467 (In thousands) Fair Value Derivatives Not Designated as Hedging Instruments Balance Sheet Location November 30, 2021 May 31, 2021 Assets: Foreign Currency Exchange Other Current Assets $ 94 $ 212

Investment (Income) Expense, Ne

Investment (Income) Expense, Net	6 Months Ended
	Nov. 30, 2021
Other Income and Expenses [Abstract]
Investment (Income) Expense, Net	NOTE 6 — INVESTMENT (INCOME) EXPENSE, NET Investment (income) expense, net, consists of the following components: Three Months Ended Six Months Ended November 30, November 30, November 30, November 30, (In thousands) 2021 2020 2021 2020 Interest (income) $ ( 993 ) $ ( 774 ) $ ( 2,146 ) $ ( 1,441 ) Net loss (gain) on marketable securities 5,293 ( 8,388 ) 1,817 ( 20,172 ) Dividend (income) ( 1,484 ) ( 357 ) ( 2,605 ) ( 668 ) Investment (income) expense, net $ 2,816 $ ( 9,519 ) $ ( 2,934 ) $ ( 22,281 ) Net Loss (Gain) on Marketable Securities Three Months Ended Six Months Ended November 30, November 30, November 30, November 30, (In thousands) 2021 2020 2021 2020 Unrealized losses (gains) on marketable equity securities $ 5,542 $ ( 7,863 ) $ 2,324 $ ( 21,819 ) Realized (gains) losses on marketable equity securities ( 255 ) ( 548 ) ( 524 ) 1,624 Realized losses on available-for-sale debt securities 6 23 17 23 Net loss (gain) on marketable securities $ 5,293 $ ( 8,388 ) $ 1,817 $ ( 20,172 )

(Gain) on Sales of Assets, Net

(Gain) on Sales of Assets, Net	6 Months Ended
	Nov. 30, 2021
Gain on Sales of Assets, Net [Abstract]
(Gain) on Sales of Assets, Net	NOTE 7 — (GAIN) ON SALES OF ASSETS, NET During the three and six months ended November 30, 2021, we recognized a net gain of $ 42.1 million and $ 42.2 million, respectively, on the sales of certain real property assets. Most significantly, certain real property assets for the Toronto, Ontario location, within our CPG segment, were sold on September 15, 2021 for $ 49.8 million. We received $ 48.0 million of net proceeds after adjustments and expenses and recognized a gain on sale of $ 41.9 million. The purpose of this transaction was to generate cash by monetizing a real estate market opportunity. In conjunction with the sale, we executed a leaseback agreement commencing September 15, 2021 and expiring on September 14, 2024 . The lease is classified as an operating lease with total future minimum payments during the initial term of the lease of approximately $ 3.4 million as of November 30, 2021. An incremental borrowing rate of 1.3 % was used to determine the ROU asset. We recorded a $ 3.7 million ROU asset in Operating lease right-of-use assets and corresponding liabilities in the same amount in Operating lease liabilities in our Consolidated Balance Sheets as of November 30, 2021 .

Other (Income) Expense, Net

Other (Income) Expense, Net	6 Months Ended
	Nov. 30, 2021
Other Income and Expenses [Abstract]
Other (Income) Expense, Net	NOTE 8 — OTHER (INCOME) EXPENSE, NET Other (income) expense, net, consists of the following components: Three Months Ended Six Months Ended November 30, November 30, November 30, November 30, (In thousands) 2021 2020 2021 2020 Pension non-service (credits)/costs $ ( 2,646 ) $ 3,370 ( 5,369 ) 6,706 Other ( 274 ) ( 237 ) ( 890 ) ( 455 ) Other (income) expense, net $ ( 2,920 ) $ 3,133 $ ( 6,259 ) $ 6,251

Income Taxes

Income Taxes	6 Months Ended
	Nov. 30, 2021
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 9 — INCOME TAXES The effective income tax rate of 23.3 % for the three months ended November 30, 2021 compares to the effective income tax rate of 23.4 % for the three months ended November 30, 2020. The effective income tax rate of 24.6 % for the six months ended November 30, 2021 compares to the effective income tax rate of 24.4 % for the six months ended November 30, 2020. The effective income tax rates for the three- and six-month periods ended November 30, 2021 and 2020 reflect variances from the 21 % statutory rate due primarily to the unfavorable impact of state and local income taxes, non-deductible business expenses and the net tax on foreign subsidiary income resulting from the global intangible low-taxed income provisions, partially offset by tax benefits related to equity compensation. Our deferred tax liability for unremitted foreign earnings was $ 13.7 million as of November 30, 2021, which represents our estimate of the foreign tax cost associated with the remittance of $ 437.6 million of foreign earnings that are not considered to be permanently reinvested. We have not provided for foreign withholding or income taxes on the remaining foreign subsidiaries’ undistributed earnings because such earnings have been retained and reinvested by the subsidiaries as of November 30, 2021. Accordingly, no provision has been made for foreign withholding or income taxes, which may become payable if the remaining undistributed earnings of foreign subsidiaries were remitted to us as dividends.

Inventories

Inventories	6 Months Ended
	Nov. 30, 2021
Inventory Disclosure [Abstract]
Inventories	NOTE 10 — INVENTORIES Inventories, net of reserves, were composed of the following major classes: (In thousands) November 30, 2021 May 31, 2021 Raw material and supplies $ 515,707 $ 447,220 Finished goods 525,216 490,875 Total Inventory, Net of Reserves $ 1,040,923 $ 938,095

Stock Repurchase Program

Stock Repurchase Program	6 Months Ended
	Nov. 30, 2021
Equity [Abstract]
Stock Repurchase Program	NOTE 11 — STOCK REPURCHASE PROGRAM On January 8, 2008 , we announced our authorization of a stock repurchase program under which we may repurchase shares of RPM International Inc. common stock at management’s discretion. As announced on November 28, 2018, our goal was to return $ 1.0 billion in capital to stockholders by May 31, 2021 through share repurchases and the retirement of our convertible note during fiscal 2019. On April 16, 2019, after taking into account share repurchases under our existing stock repurchase program to date, our Board of Directors authorized the repurchase of the remaining $ 600.0 million in value of RPM International Inc. common stock by May 31, 2021. As previously announced, given macroeconomic uncertainty resulting from the Covid pandemic, we had suspended stock repurchases under the program, but in January 2021, our Board of Directors authorized the resumption of the stock repurchases. At the time of resuming the program, $ 469.7 million of shares of common stock remained available for repurchase. The Board of Directors also extended the stock repurchase program beyond its original May 31, 2021 expiration date until such time that the remaining $ 469.7 million of shares of capital has been returned to our stockholders. As a result, we may repurchase shares from time to time in the open market or in private transactions at various times and in amounts and for prices that our management deems appropriate, subject to insider trading rules and other securities law restrictions. The timing of our purchases will depend upon prevailing market conditions, alternative uses of capital and other factors. We may limit or terminate the repurchase program at any time. During the three months ended November 30, 2021, and for the three and six months ended November 30, 2020, we did no t repurchase any shares of our common stock under this program. During the six months ended November 30, 2021, we repurchased 133,388 shares of our common stock at a cost of approximately $ 12.5 million, or an average of $ 93.71 per share. The maximum dollar amount that may yet be repurchased under our stock repurchase program was approximately $ 407.3 million at November 30, 2021.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Nov. 30, 2021
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 12 — EARNINGS PER SHARE The following table sets forth the reconciliation of the numerator and denominator of basic and diluted earnings per share for the three- and six-month periods ended November 30, 2021 and 2020. Three Months Ended Six Months Ended November 30, November 30, November 30, November 30, (In thousands, except per share amounts) 2021 2020 2021 2020 Numerator for earnings per share: Net income attributable to RPM International Inc. stockholders $ 124,875 $ 127,659 $ 259,457 $ 308,254 Less: Allocation of earnings and dividends to participating securities ( 1,103 ) ( 1,130 ) ( 2,198 ) ( 2,517 ) Net income available to common shareholders - basic 123,772 126,529 257,259 305,737 Add: Undistributed earnings reallocated to unvested shareholders 2 4 6 9 Net income available to common shareholders - diluted $ 123,774 $ 126,533 $ 257,265 $ 305,746 Denominator for basic and diluted earnings per share: Basic weighted average common shares 128,022 128,500 128,058 128,459 Average diluted options and awards 472 590 479 619 Total shares for diluted earnings per share (1) 128,494 129,090 128,537 129,078 Earnings Per Share of Common Stock Attributable to RPM International Inc. Stockholders: Basic Earnings Per Share of Common Stock $ 0.97 $ 0.98 $ 2.01 $ 2.38 Method used to calculate basic earnings per share Two-class Two-class Two-class Two-class Diluted Earnings Per Share of Common Stock $ 0.96 $ 0.98 $ 2.00 $ 2.37 Method used to calculate diluted earnings per share Two-class Two-class Two-class Two-class (1) For the three and six months ended November 30, 2021, no restricted shares were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive. For the three and six months ended November 30, 2020, restricted shares totaling 225,500 and 339,550 were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive. In addition, stock appreciation rights (“SARs”) totaling 660,000 for both the three and six months ended November 30, 2021, and 360,000 for both the three and six months ended November 30, 2020, were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive.

Pension Plans

Pension Plans	6 Months Ended
	Nov. 30, 2021
Retirement Benefits [Abstract]
Pension Plans	NOTE 13 — PENSION PLANS We offer defined benefit pension plans, defined contribution pension plans, and various postretirement benefit plans. The following tables provide the retirement-related benefit plans’ impact on income before income taxes for the three and six months ended November 30, 2021 and 2020: U.S. Plans Non-U.S. Plans Three Months Ended Three Months Ended (In thousands) November 30, November 30, November 30, November 30, Pension Benefits 2021 2020 2021 2020 Service cost $ 11,914 $ 11,130 $ 1,348 $ 1,406 Interest cost 3,842 3,806 1,282 1,122 Expected return on plan assets ( 10,386 ) ( 8,279 ) ( 2,073 ) ( 1,607 ) Amortization of: Prior service cost (credit) 1 2 ( 38 ) ( 35 ) Net actuarial losses recognized 4,225 7,501 114 526 Net Periodic Benefit Cost $ 9,596 $ 14,160 $ 633 $ 1,412 U.S. Plans Non-U.S. Plans Three Months Ended Three Months Ended (In thousands) November 30, November 30, November 30, November 30, Postretirement Benefits 2021 2020 2021 2020 Service cost $ - $ - $ 432 $ 431 Interest cost 10 19 299 283 Amortization of: Prior service (credit) ( 40 ) ( 42 ) - - Net actuarial losses recognized 15 10 32 130 Net Periodic Benefit (Credit) Cost $ ( 15 ) $ ( 13 ) $ 763 $ 844 U.S. Plans Non-U.S. Plans Six Months Ended Six Months Ended (In thousands) November 30, November 30, November 30, November 30, Pension Benefits 2021 2020 2021 2020 Service cost $ 23,828 $ 22,260 $ 2,696 $ 2,812 Interest cost 7,684 7,612 2,564 2,244 Expected return on plan assets ( 20,772 ) ( 16,558 ) ( 4,146 ) ( 3,214 ) Amortization of: Prior service cost (credit) 2 4 ( 76 ) ( 70 ) Net actuarial losses recognized 8,450 15,002 228 1,052 Net Periodic Benefit Cost $ 19,192 $ 28,320 $ 1,266 $ 2,824 U.S. Plans Non-U.S. Plans Six Months Ended Six Months Ended (In thousands) November 30, November 30, November 30, November 30, Postretirement Benefits 2021 2020 2021 2020 Service cost $ - $ - $ 864 $ 862 Interest cost 20 38 598 566 Amortization of: Prior service (credit) ( 80 ) ( 84 ) - - Net actuarial losses recognized 30 20 64 260 Net Periodic Benefit (Credit) Cost $ ( 30 ) $ ( 26 ) $ 1,526 $ 1,688 Due to strong asset returns for the year ending May 31, 2021, as well as contributions made during the year, net periodic pension and U.S. postretirement cost for fiscal 2022 is lower than our fiscal 2021 expense. We expect that pension expense will fluctuate on a year-to-year basis, depending upon the investment performance of plan assets and potential changes in interest rates, and these fluctuations may have a material impact on our consolidated financial results in the future. We previously disclosed in our financial statements for the fiscal year ended May 31, 2021 that we expected to contribute approximately $ 1.0 million to our retirement plans in the U.S. and approximately $ 5.0 million to plans outside the U.S. during the current fiscal year. Throughout fiscal 2022, we will evaluate whether to make additional contributions.

Contingencies and Accrued Losse

Contingencies and Accrued Losses	6 Months Ended
	Nov. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Contingencies and Accrued Losses	NOTE 14 — CONTINGENCIES AND ACCRUED LOSSES Product Liability Matters We provide, through our wholly owned insurance subsidiaries, certain insurance coverage, primarily product liability coverage, to our other subsidiaries. Excess coverage is provided by third-party insurers. Our product liability accruals provide for these potential losses as well as other uninsured claims. Product liability accruals are established based upon actuarial calculations of potential liability using industry experience, actual historical experience and actuarial assumptions developed for similar types of product liability claims, including development factors and lag times. To the extent there is a reasonable possibility that potential losses could exceed the amounts already accrued, we believe that the amount of any such additional loss would be immaterial to our results of operations, liquidity and consolidated financial position. Warranty Matters We also offer warranties on many of our products, as well as long-term warranty programs at certain of our businesses, and have established product warranty liabilities. We review these liabilities for adequacy on a quarterly basis and adjust them as necessary. The primary factors that could affect these liabilities may include changes in performance rates as well as costs of replacement. Provision for estimated warranty costs is recorded at the time of sale and periodically adjusted, as required, to reflect actual experience. It is probable that we will incur future losses related to warranty claims we have received but that have not been fully investigated and related to claims not yet received. While our warranty liabilities represent our best estimates at November 30, 2021, we can provide no assurances that we will not experience material claims in the future or that we will not incur significant costs to resolve such claims beyond the amounts accrued or beyond what we may recover from our suppliers. Based upon the nature of the expense, product warranty expense is recorded as a component of cost of sales or within SG&A. Also, due to the nature of our businesses, the amount of claims paid can fluctuate from one period to the next. While our warranty liabilities represent our best estimates of our expected losses at any given time, from time-to-time we may revise our estimates based on our experience relating to factors such as weather conditions, specific circumstances surrounding product installations and other factors. The following table includes the changes in our accrued warranty balances: Three Months Ended Six Months Ended November 30, November 30, November 30, November 30, (In thousands) 2021 2020 2021 2020 Beginning Balance $ 13,032 $ 12,836 $ 13,175 $ 11,106 Deductions (1) ( 5,424 ) ( 7,652 ) ( 11,682 ) ( 13,582 ) Provision charged to expense 5,278 6,866 11,393 14,526 Ending Balance $ 12,886 $ 12,050 $ 12,886 $ 12,050 (1) Primarily claims paid during the year. Environmental Matters Like other companies participating in similar lines of business, some of our subsidiaries are involved in environmental remediation matters. It is our policy to accrue remediation costs when the liability is probable and the costs are reasonably estimable, which generally is not later than at completion of a feasibility study or when we have committed to an appropriate plan of action. We also take into consideration the estimated period of time over which payments may be required. The liabilities are reviewed periodically and, as investigation and remediation activities continue, adjustments are made as necessary. Liabilities for losses from environmental remediation obligations do not consider the effects of inflation and anticipated expenditures are not discounted to their present value. The liabilities are not offset by possible recoveries from insurance carriers or other third parties, but do reflect anticipated allocations among potentially responsible parties at federal superfund sites or similar state-managed sites, third party indemnity obligations, and an assessment of the likelihood that such parties will fulfill their obligations at such sites. Other Contingencies One of our subsidiaries has been the subject of a proceeding in which one of its former distributors brought suit against our subsidiary for breach of contract. Following a June 2017 trial, a jury determined that the distributor was not entitled to any damages on the distributor’s claims against our subsidiary. On appeal, the Ninth Circuit Court of Appeals ordered a new trial with respect to certain issues. On December 10, 2021, a new jury awarded $ 6.0 million in damages to the distributor. Per the parties’ contracts, the distributor may also be entitled to recover some portion of its attorneys’ fees from our subsidiary. Our subsidiary is currently evaluating its options for an appeal, including contractual arguments limiting the distributor’s recoverable damages. As a result of the jury’s award and in consideration of our subsidiary’s potential arguments on appeal, we have accrued $ 2.6 million for this matter in the second quarter of fiscal 2022, which we believe to be the low end of the range of loss. While an ultimate loss in excess of the accrued amount is reasonably possible, we believe that the high end of the range of loss would not be materially more than the $ 6.0 million noted above.

Revenue

Revenue	6 Months Ended
	Nov. 30, 2021
Revenue from Contract with Customer [Abstract]
Revenue	NOTE 15 – REVENUE We operate a portfolio of businesses and product lines that manufacture and sell a variety of specialty paints, protective coatings, roofing systems, sealants and adhesives. We disaggregate revenues from the sales of our products and services based upon geographical location by each of our reportable segments, which are aligned by similar economic factors, trends and customers, which best depict the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. See Note 16, “Segment Information,” to the Consolidated Financial Statements for further details regarding our disaggregated revenues, as well as a description of each of the unique revenue streams related to each of our four reportable segments. Revenue is recognized upon transfer of control of promised products or services to customers in an amount that reflects the consideration we expect to receive in exchange for those products or services. The majority of our revenue is recognized at a point in time. However, we also record revenues generated under construction contracts, mainly in connection with the installation of specialized roofing and flooring systems and related services. For certain polymer flooring installation projects, we account for our revenue using the output method, as we consider square footage of completed flooring to be the best measure of progress toward the complete satisfaction of the performance obligation. In contrast, for certain of our roofing installation projects, we account for our revenue using the input method, as that method was the best measure of performance as it considers costs incurred in relation to total expected project costs, which essentially represents the transfer of control for roofing systems to the customer. In general, for our construction contracts, we record contract revenues and related costs as our contracts progress on an over-time model. We have elected to apply the practical expedient to recognize revenue net of allowances for returns and any taxes collected from customers, which are subsequently remitted to governmental authorities. 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 . In instances where the timing of revenue recognition differs from the timing of invoicing, we have determined that our contracts generally do not include a significant financing component. We have elected to apply the practical expedient to treat all shipping and handling costs as fulfillment costs, as a significant portion of these costs are incurred prior to control transfer. Significant Judgments Our contracts with customers may include promises to transfer multiple products and/or services to a customer. Determining whether products and services are considered distinct performance obligations that should be accounted for separately versus together may require significant judgment. For example, judgment is required to determine whether products sold in connection with the sale of installation services are considered distinct and accounted for separately, or not distinct and accounted for together with installation services and recognized over time. We provide customer rebate programs and incentive offerings, including special pricing and co-operative advertising arrangements, promotions and other volume-based incentives. These customer programs and incentives are considered variable consideration and recognized as a reduction of net sales. Up-front consideration provided to customers is capitalized as a component of other assets and amortized over the estimated life of the contractual arrangement. We include in revenue variable consideration only to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur when the variable consideration is resolved. In general, this determination is made based upon known customer program and incentive offerings at the time of sale, and expected sales volume forecasts as it relates to our volume-based incentives. This determination is updated each reporting period. Certain of our contracts include contingent consideration that is receivable only upon the final inspection and acceptance of a project. We include estimates of such variable consideration in our transaction price. Based on historical experience, we consider the probability-based expected value method appropriate to estimate the amount of such variable consideration. Our products are generally sold with a right of return and we may provide other credits or incentives, which are accounted for as variable consideration when estimating the amount of revenue to recognize. Returns and credits are estimated at contract inception and updated at the end of each reporting period as additional information becomes available. We record a right of return liability to accrue for expected customer returns. Historical actual returns are used to estimate future returns as a percentage of current sales. Obligations for returns and refunds were not material individually or in the aggregate. We offer assurance type warranties on our products as well as separately sold warranty contracts. Revenue related to warranty contracts that are sold separately is recognized over the life of the warranty term. Warranty liabilities for our assurance type warranties are discussed further in Note 14, “Contingencies and Accrued Losses,” to the Consolidated Financial Statements. Contract Balances Timing of revenue recognition may differ from the timing of invoicing customers. Our contract assets are recorded for products and services that have been provided to our customer but have not yet been billed, and are included in prepaid expenses and other current assets in our consolidated balance sheets. Our short-term contract liabilities consist of advance payments, or deferred revenue, and are included in other accrued liabilities in our consolidated balance sheets. Trade accounts receivable, net of allowances, and net contract assets consisted of the following: (In thousands, except percentages) November 30, 2021 August 31, 2021 $ Change % Change Trade accounts receivable, less allowances $ 1,173,494 $ 1,171,914 $ 1,580 0.1 % Contract assets $ 47,615 $ 45,310 $ 2,305 5.1 % Contract liabilities - short-term ( 36,279 ) ( 35,155 ) ( 1,124 ) 3.2 % Net Contract Assets $ 11,336 $ 10,155 $ 1,181 11.6 % (In thousands, except percentages) November 30, 2021 May 31, 2021 $ Change % Change Trade accounts receivable, less allowances $ 1,173,494 $ 1,280,806 $ ( 107,312 ) - 8.4 % Contract assets $ 47,615 $ 33,217 $ 14,398 43.3 % Contract liabilities - short-term ( 36,279 ) ( 33,112 ) ( 3,167 ) 9.6 % Net Contract Assets $ 11,336 $ 105 $ 11,231 The $ 1.2 million increase in our net contract assets from August 31, 2021 to November 30, 2021 resulted primarily due to the timing and volume of construction jobs in progress at November 30, 2021 versus August 31, 2021. The change in performance is a function of relatively consistent weather during the first half of fiscal 2022. This enabled our teams to perform a consistent amount of work on existing jobs throughout the period, allowing our unbilled revenue to remain elevated. The $ 11.2 million increase in our net contract assets from May 31, 2021 to November 30, 2021 resulted primarily due to the timing and volume of construction jobs in progress at November 30, 2021 versus May 31, 2021. We also record long-term deferred revenue, which amounted to $ 67.2 million, $ 67.4 million and $ 67.8 million as of November 30, 2021, August 31, 2021 and May 31, 2021, respectively. The long-term portion of deferred revenue is related to warranty contracts and is included in other long-term liabilities in our consolidated balance sheets. We have elected to adopt the practical expedient to not disclose the aggregate amount of transaction price allocated to performance obligations that are unsatisfied as of the end of the reporting period for performance obligations that are part of a contract with an original expected duration of one year or less. We recognize an asset for the incremental costs of obtaining a contract with a customer if we expect the benefit of those costs to be longer than one year. As our contract terms are primarily one year or less in duration, we have elected to apply a practical expedient to expense costs as incurred for costs to obtain a contract with a customer when the amortization period would have been one year or less. These costs include our internal sales force compensation program and certain incentive programs as we have determined annual compensation is commensurate with annual sales activities. Allowance for Credit Losses Our primary allowance for credit losses is the allowance for doubtful accounts. The allowance for doubtful accounts reduces the trade accounts receivable balance to the estimated net realizable value equal to the amount that is expected to be collected. The allowance was based on assessments of current creditworthiness of customers, historical collection experience, the aging of receivables and other currently available evidence. Trade accounts receivable balances are written-off against the allowance if a final determination of uncollectibility is made. All provisions for allowances for doubtful collection of accounts are included in selling, general and administrative expenses. The following tables summarize the activity for the allowance for credit losses for the three and six months ended November 30, 2021 and 2020: Three Months Ended Six Months Ended November 30, November 30, November 30, November 30, (In thousands) 2021 2020 2021 2020 Beginning Balance $ 52,181 $ 55,927 $ 55,922 $ 55,847 Bad debt provision 869 ( 106 ) 2,074 1,168 Uncollectible accounts written off, net of recoveries ( 812 ) ( 2,493 ) ( 4,899 ) ( 5,347 ) Translation adjustments ( 1,306 ) 214 ( 2,165 ) 1,874 Ending Balance $ 50,932 $ 53,542 $ 50,932 $ 53,542

Segment Information

Segment Information	6 Months Ended
	Nov. 30, 2021
Segment Reporting [Abstract]
Segment Information	NOTE 16 — SEGMENT INFORMATION We operate a portfolio of businesses and product lines that manufacture and sell a variety of specialty paints, protective coatings and roofing systems, flooring solutions, sealants, cleaners and adhesives. We manage our portfolio by organizing our businesses and product lines into four reportable segments as outlined below, which also represent our operating segments. Within each operating segment, we manage product lines and businesses which generally address common markets, share similar economic characteristics, utilize similar technologies and can share manufacturing or distribution capabilities. Our four operating segments represent components of our business for which separate financial information is available that is utilized on a regular basis by our chief operating decision maker in determining how to allocate the assets of the company and evaluate performance. These four operating segments are each managed by an operating segment manager, who is responsible for the day-to-day operating decisions and performance evaluation of the operating segment’s underlying businesses. We evaluate the profit performance of our segments primarily based on income before income taxes, but also look to earnings (loss) before interest and taxes (“EBIT”), as a performance evaluation measure because interest (income) expense, net (the combination of interest expense and investment income, net) is essentially related to corporate functions, as opposed to segment operations. Our CPG reportable segment products are sold throughout North America and also account for the majority of our international sales. Our construction product lines are sold directly to contractors, distributors and end-users, such as industrial manufacturing facilities, public institutions and other commercial customers. Products and services within this reportable segment include construction sealants and adhesives, coatings and chemicals, roofing systems, concrete admixture and repair products, building envelope solutions, insulated cladding, flooring systems, and weatherproofing solutions. Our PCG reportable segment products are sold throughout North America, as well as internationally, and are sold directly to contractors, distributors and end-users, such as industrial manufacturing facilities, public institutions and other commercial customers. Products and services within this reportable segment include high-performance flooring solutions, corrosion control and fireproofing coatings, infrastructure repair systems, fiberglass reinforced plastic gratings and drainage systems. Our Consumer reportable segment manufactures and markets professional use and do-it-yourself (“DIY”) products for a variety of mainly consumer applications, including home improvement and personal leisure activities. Our Consumer reportable segment’s major manufacturing and distribution operations are located primarily in North America, along with a few locations in Europe and other parts of the world. Our Consumer reportable segment products are primarily sold directly to mass merchandisers, home improvement centers, hardware stores, paint stores, craft shops and through distributors. The Consumer reportable segment offers products that include specialty, hobby and professional paints; caulks; adhesives; cleaners; sandpaper and other abrasives; silicone sealants and wood stains. Our SPG reportable segment products are sold throughout North America and a few international locations, primarily in Europe. Our specialty product lines are sold directly to contractors, distributors and end-users, such as industrial manufacturing facilities, public institutions and other commercial customers. The SPG reportable segment offers products that include industrial cleaners, restoration services equipment, colorants, nail enamels, exterior finishes, edible coatings and specialty glazes for pharmaceutical and food industries, and other specialty original equipment manufacturer (“OEM”) coatings. In addition to our four reportable segments, there is a category of certain business activities and expenses, referred to as corporate/other, that does not constitute an operating segment. This category includes our corporate headquarters and related administrative expenses, results of our captive insurance companies, gains or losses on the sales of certain assets and other expenses not directly associated with any reportable segment. Assets related to the corporate/other category consist primarily of investments, prepaid expenses and headquarters’ property and equipment. These corporate and other assets and expenses reconcile reportable segment data to total consolidated income before income taxes and identifiable assets. We reflect income from our joint ventures on the equity method, and receive royalties from our licensees. The following tables present a disaggregation of revenues by geography, and reflect the results of our reportable segments consistent with our management philosophy, by representing the information we utilize, in conjunction with various strategic, operational and other financial performance criteria, in evaluating the performance of our portfolio of businesses. Three Months Ended November 30, 2021 CPG PCG Consumer SPG Consolidated (In thousands) Net Sales (based on shipping location) United States $ 342,282 $ 187,838 $ 431,450 $ 153,188 $ 1,114,758 Foreign Canada 68,901 18,684 30,340 2,091 120,016 Europe 132,575 60,958 55,070 25,991 274,594 Latin America 49,486 6,846 7,911 545 64,788 Asia Pacific 20,951 5,488 4,426 11,809 42,674 Other Foreign ( 5 ) 22,713 - - 22,708 Total Foreign 271,908 114,689 97,747 40,436 524,780 Total $ 614,190 $ 302,527 $ 529,197 $ 193,624 $ 1,639,538 Three Months Ended November 30, 2020 CPG PCG Consumer SPG Consolidated (In thousands) Net Sales (based on shipping location) United States $ 261,092 $ 148,480 $ 441,235 $ 140,212 $ 991,019 Foreign Canada 48,686 18,196 29,460 2,209 98,551 Europe 129,586 63,891 63,454 21,644 278,575 Latin America 40,137 7,139 8,769 415 56,460 Asia Pacific 20,948 5,797 4,590 11,574 42,909 Other Foreign 3,071 15,330 - - 18,401 Total Foreign 242,428 110,353 106,273 35,842 494,896 Total $ 503,520 $ 258,833 $ 547,508 $ 176,054 $ 1,485,915 Six Months Ended November 30, 2021 CPG PCG Consumer SPG Consolidated (In thousands) Net Sales (based on shipping location) United States $ 714,595 $ 364,032 $ 863,849 $ 302,599 $ 2,245,075 Foreign Canada 145,461 37,135 64,282 4,231 251,109 Europe 262,993 118,793 115,337 50,326 547,449 Latin America 96,908 13,237 15,228 1,039 126,412 Asia Pacific 38,555 12,149 8,910 17,484 77,098 Other Foreign 40 42,776 - - 42,816 Total Foreign 543,957 224,090 203,757 73,080 1,044,884 Total $ 1,258,552 $ 588,122 $ 1,067,606 $ 375,679 $ 3,289,959 Six Months Ended November 30, 2020 CPG PCG Consumer SPG Consolidated (In thousands) Net Sales (based on shipping location) United States $ 589,053 $ 304,542 $ 950,819 $ 273,710 $ 2,118,124 Foreign Canada 104,328 35,309 78,368 4,129 222,134 Europe 238,305 127,526 131,064 38,639 535,534 Latin America 74,990 12,733 16,161 880 104,764 Asia Pacific 38,588 10,682 12,264 16,720 78,254 Other Foreign 5,946 27,830 - - 33,776 Total Foreign 462,157 214,080 237,857 60,368 974,462 Total $ 1,051,210 $ 518,622 $ 1,188,676 $ 334,078 $ 3,092,586 Three Months Ended Six Months Ended (In thousands) November 30, November 30, November 30, November 30, Income (Loss) Before Income Taxes 2021 2020 2021 2020 CPG Segment $ 130,368 $ 71,832 $ 244,725 $ 170,182 PCG Segment 37,854 24,047 72,932 52,561 Consumer Segment 33,104 88,368 79,019 221,089 SPG Segment 20,591 28,406 45,147 48,855 Corporate/Other ( 58,763 ) ( 45,697 ) ( 97,198 ) ( 84,362 ) Consolidated $ 163,154 $ 166,956 $ 344,625 $ 408,325 (In thousands) November 30, May 31, Identifiable Assets 2021 2021 CPG Segment $ 1,925,191 $ 1,815,303 PCG Segment 1,070,680 1,051,334 Consumer Segment 2,322,257 2,386,703 SPG Segment 790,776 772,540 Corporate/Other 145,995 227,089 Consolidated $ 6,254,899 $ 6,252,969

New Accounting Pronouncements (

New Accounting Pronouncements (Policies)	6 Months Ended
	Nov. 30, 2021
Accounting Changes and Error Corrections [Abstract]
New Accounting Pronouncements	NEW ACCOUNTING PRONOUNCEMENTS New Pronouncements Adopted In August 2018, the FASB issued ASU 2018-14, “Compensation—Retirement Benefits—Defined Benefit Plans—General (Subtopic 715-20), Disclosure Framework – Changes to the Disclosure Requirements for Defined Benefit Plans,” which makes a number of changes meant to add, modify or remove certain disclosure requirements associated with employers that sponsor defined benefit or other postretirement plans. This guidance is effective for fiscal years ending after December 15, 2020. Early adoption was permitted for all entities and the amendments in this update are required to be applied on a retrospective basis to all periods presented. The adoption of this new guidance, effective for the fiscal year ending May 31, 2021 , did not have a material impact on our Consolidated Financial Statements or disclosures. In December 2019, the FASB issued ASU 2019-12, “Income Taxes (Topic 740),” which simplifies the accounting for income taxes by removing certain exceptions to the general principles in Topic 740. The amendments also improve consistent application of and simplify GAAP for other areas of Topic 740 by clarifying and amending existing guidance. This guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. Early adoption of the amendments is permitted, including adoption in any interim period for which financial statements have not yet been issued. Depending on the amendment, adoption may be applied on the retrospective, modified retrospective or prospective basis. The adoption of this new guidance, effective June 1, 2021 using the prospective method, did not have a material impact on our Consolidated Financial Statements. New Pronouncements Issued We are not aware of any recently issued accounting pronouncements that have not yet been adopted by us and which would have a material impact on our consolidated financial statements.

Restructuring (Tables)

Restructuring (Tables)	6 Months Ended
	Nov. 30, 2021
Restructuring and Related Activities [Abstract]
Summary of Charges Recorded in Connection with Restructuring by Reportable Segment	Following is a summary of the charges recorded in connection with restructuring by reportable segment: Three Months Six Months Cumulative Total (In thousands) November 30, 2021 November 30, 2021 to Date Costs Construction Products Group ("CPG") Segment: Severance and benefit costs (credits) (a) $ 177 $ ( 316 ) $ 20,972 $ 21,072 Facility closure and other related costs 503 1,043 7,623 7,785 Other restructuring costs - 4 1,982 1,982 Total Charges $ 680 $ 731 $ 30,577 $ 30,839 Performance Coatings Group ("PCG") Segment: Severance and benefit costs (b) $ - $ 128 $ 16,487 $ 16,832 Facility closure and other related costs 250 658 7,287 8,372 Other restructuring costs - - 917 917 Total Charges $ 250 $ 786 $ 24,691 $ 26,121 Consumer Segment: Severance and benefit costs $ - $ - $ 12,307 $ 12,307 Facility closure and other related costs 271 511 12,592 13,088 Other restructuring costs - - 4,420 4,420 Total Charges $ 271 $ 511 $ 29,319 $ 29,815 Specialty Products Group ("SPG") Segment: Severance and benefit costs (c) $ 115 $ 203 $ 8,330 $ 8,898 Facility closure and other related costs 147 245 5,835 6,732 Other restructuring costs (credits) 1 ( 1 ) 1,220 1,220 Total Charges $ 263 $ 447 $ 15,385 $ 16,850 Corporate/Other Segment: Severance and benefit costs (d) $ 1,513 $ 1,513 $ 15,051 $ 15,051 Total Charges $ 1,513 $ 1,513 $ 15,051 $ 15,051 Consolidated: Severance and benefit costs $ 1,805 $ 1,528 $ 73,147 $ 74,160 Facility closure and other related costs 1,171 2,457 33,337 35,977 Other restructuring costs 1 3 8,539 8,539 Total Charges $ 2,977 $ 3,988 $ 115,023 $ 118,676 (a) Severance and benefit costs are associated with the elimination of 11 positions during the three months ended November 30, 2021. Severance and benefit recoveries are associated with the adjustment of previously estimated severance accruals partially offset by the elimination of 16 positions during the six months ended November 30, 2021. (b) Severance and benefit costs are associated with the elimination of three positions during the six months ended November 30, 2021. (c) Severance and benefit costs are associated with the elimination of 16 positions during the six months ended November 30, 2021. (d) Severance and benefit costs are associated with the elimination of one position during the three months ended November 30, 2021. Three Months Six Months (In thousands) November 30, 2020 November 30, 2020 CPG Segment: Severance and benefit costs (e) $ 1,394 $ 1,574 Facility closure and other related costs 440 808 Other restructuring costs 62 99 Total Charges $ 1,896 $ 2,481 PCG Segment: Severance and benefit costs (f) $ 802 $ 1,841 Facility closure and other related costs 556 844 Other restructuring costs 184 213 Total Charges $ 1,542 $ 2,898 Consumer Segment: Severance and benefit costs (g) $ ( 4 ) $ 786 Facility closure and other related costs 785 1,382 Other restructuring costs 204 302 Total Charges $ 985 $ 2,470 SPG Segment: Severance and benefit costs (h) $ ( 57 ) $ 411 Facility closure and other related costs 507 775 Other restructuring costs 45 116 Total Charges $ 495 $ 1,302 Corporate/Other Segment: Severance and benefit costs $ - $ - Total Charges $ - $ - Consolidated: Severance and benefit costs $ 2,135 $ 4,612 Facility closure and other related costs 2,288 3,809 Other restructuring costs 495 730 Total Charges $ 4,918 $ 9,151 (e) Severance and benefit costs are associated with the elimination of 12 positions and 21 positions during the three and six months ended November 30, 2020, respectively. (f) Severance and benefit costs are associated with the elimination of 11 positions and 50 positions during the three and six months ended November 30, 2020, respectively. (g) Severance and benefit recoveries are associated with the adjustment of estimated severance accruals for the three months ended November 30, 2020. Severance and benefit costs for the six months ended November 30, 2020 are associated with the elimination of three positions partially offset by the adjustment in severance accruals during the period. (h) Severance and benefit recoveries for the three months ended November 30, 2020 are associated with the reversal of severance accruals made for five positions which will no longer be eliminated, partially offset by the charges incurred related to the elimination of one position. Severance and benefit charges for the six months ended November 30, 2020 are associated with the elimination of 24 positions.
Summary of Activity in Restructuring Reserves	A summary of the activity in the restructuring reserves related to our MAP to Growth is as follows: (in thousands) Severance and Facility Other Total Balance at August 31, 2021 $ 2,386 $ 951 $ - $ 3,337 Additions charged to expense 1,805 1,171 1 2,977 Cash payments charged against reserve ( 2,044 ) ( 1,039 ) - ( 3,083 ) Non-cash charges and other adjustments ( 576 ) ( 187 ) ( 1 ) ( 764 ) Balance at November 30, 2021 $ 1,571 $ 896 $ - $ 2,467 (In thousands) Severance and Facility Other Total Balance at June 1, 2021 $ 4,430 $ 1,290 $ - 5,720 Additions charged to expense 1,528 2,457 3 3,988 Cash payments charged against reserve ( 3,808 ) ( 2,287 ) - ( 6,095 ) Non-cash charges and other adjustments ( 579 ) ( 564 ) ( 3 ) ( 1,146 ) Balance at November 30, 2021 $ 1,571 $ 896 $ - $ 2,467 (In thousands) Severance and Facility Other Total Balance at August 31, 2020 $ 4,893 $ 6,138 $ - $ 11,031 Additions charged to expense 2,135 2,288 495 4,918 Cash payments charged against reserve ( 2,373 ) ( 2,530 ) ( 335 ) ( 5,238 ) Non-cash charges and other adjustments - - ( 160 ) ( 160 ) Balance at November 30, 2020 $ 4,655 $ 5,896 $ - $ 10,551 (In thousands) Severance and Facility Other Total Balance at June 1, 2020 $ 7,357 $ 5,880 $ - $ 13,237 Additions charged to expense 4,612 3,809 730 9,151 Cash payments charged against reserve ( 7,314 ) ( 3,793 ) ( 335 ) ( 11,442 ) Non-cash charges and other adjustments - - ( 395 ) ( 395 ) Balance at November 30, 2020 $ 4,655 $ 5,896 $ - $ 10,551

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Nov. 30, 2021
Fair Value Disclosures [Abstract]
Assets and Liabilities Measured at Fair Value on Recurring Basis and Categorized using Fair Value Hierarchy	In addition, with respect to our derivative assets and liabilities measured at fair value, refer to Note 5, “Derivatives and Hedging” for discussion of their classification within the fair value hierarchy. (In thousands) Quoted Prices Significant Significant Fair Value at Available-for-sale debt securities: U.S. Treasury and other government $ - $ 26,718 $ - $ 26,718 Corporate bonds - 186 - 186 Total available-for-sale debt securities - 26,904 - 26,904 Marketable equity securities: Stocks - foreign 986 - - 986 Stocks - domestic 7,176 - - 7,176 Mutual funds - foreign - 45,142 - 45,142 Mutual funds - domestic - 90,108 - 90,108 Total marketable equity securities 8,162 135,250 - 143,412 Contingent consideration - - ( 9,806 ) ( 9,806 ) Total $ 8,162 $ 162,154 $ ( 9,806 ) $ 160,510 (In thousands) Quoted Prices Assets Significant Significant Fair Value at Available-for-sale debt securities: U.S. Treasury and other government $ - $ 26,563 $ - $ 26,563 Corporate bonds - 182 - 182 Total available-for-sale debt securities - 26,745 - 26,745 Marketable equity securities: Stocks - foreign 768 - - 768 Stocks - domestic 6,975 - - 6,975 Mutual funds - foreign - 47,916 - 47,916 Mutual funds - domestic - 86,428 - 86,428 Total marketable equity securities 7,743 134,344 - 142,087 Contingent consideration - - ( 13,335 ) ( 13,335 ) Total $ 7,743 $ 161,089 $ ( 13,335 ) $ 155,497
Fair Value and Carrying Value of Financial Instruments and Long-Term Debt	Based on the analysis performed, the fair value and the carrying value of our financial instruments and long-term debt as of November 30, 2021 and May 31, 2021 are as follows: At November 30, 2021 (In thousands) Carrying Value Fair Value Cash and cash equivalents $ 192,851 $ 192,851 Marketable equity securities 143,412 143,412 Available-for-sale debt securities 26,904 26,904 Long-term debt, including current portion 2,465,993 2,713,027 At May 31, 2021 (In thousands) Carrying Value Fair Value Cash and cash equivalents $ 246,704 $ 246,704 Marketable equity securities 142,087 142,087 Available-for-sale debt securities 26,745 26,745 Long-term debt, including current portion 2,379,826 2,570,206

Derivatives and Hedging (Tables

Derivatives and Hedging (Tables)	6 Months Ended
	Nov. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivatives Instruments for Gains or Losses Initially Recognized in AOCI in Consolidated Balance Sheet	The following table summarizes the location and effects of our derivatives instruments on the Consolidated Statements of Comprehensive Income and Consolidated Statements of Income for gains or losses initially recognized in AOCI in the Consolidated Balance Sheet: Pretax gain/(loss) recognized Pretax gain/(loss) reclassified Three Months Ended Three Months Ended (In thousands) November 30, 2021 November 30, 2020 Income statement location November 30, 2021 November 30, 2020 Interest rate swap (cash flow) $ 868 $ ( 149 ) Interest (expense) income $ ( 930 ) $ ( 846 ) Cross currency swap (cash flow) 4,157 51 Interest (expense) income 138 160 Cross currency swap (cash flow) - - Foreign exchange gain (loss) 4,013 75 Cross currency swap (net investment) 11,440 ( 957 ) Gain or (loss) on sale of subsidiary - - Total $ 16,465 $ ( 1,055 ) $ 3,221 $ ( 611 ) Pretax gain/(loss) recognized Pretax gain/(loss) reclassified (In thousands) Six Months Ended Six Months Ended Derivatives in hedging relationships November 30, 2021 November 30, 2020 Income Statement Location November 30, 2021 November 30, 2020 Interest rate swap (cash flow) $ 832 $ ( 747 ) Interest (expense) income $ ( 1,860 ) $ ( 1,613 ) Cross currency swap (cash flow) 7,604 ( 7,304 ) Interest (expense) income 276 351 Cross currency swap (cash flow) - - Foreign exchange gain (loss) 7,420 ( 7,380 ) Cross currency swap (net investment) 21,743 ( 24,090 ) Gain or (loss) on sale of subsidiary - - Total $ 30,179 $ ( 32,141 ) $ 5,836 $ ( 8,642 )
Schedule of Fair Values of Qualifying and Non-Qualifying Instruments Used in Hedging Transactions	The fair values of qualifying and non-qualifying instruments used in hedging transactions as of November 30, 2021 and May 31, 2021 are as follows: (In thousands) Fair Value Derivatives Designated as Hedging Instruments Balance Sheet Location November 30, 2021 May 31, 2021 Assets: Cross Currency Swap (Net Investment) Other Current Assets $ 5,916 $ 6,233 Cross Currency Swap (Cash Flow) Other Current Assets 767 516 Liabilities: Interest Rate Swap (Cash Flow) Other Accrued Liabilities $ 2,913 $ 3,547 Cross Currency Swap (Net Investment) Other Accrued Liabilities 839 1,321 Cross Currency Swap (Net Investment) Other Long-Term Liabilities 17,343 39,228 Cross Currency Swap (Cash Flow) Other Long-Term Liabilities 5,889 13,786 Interest Rate Swap (Cash Flow) Other Long-Term Liabilities 410 2,467 (In thousands) Fair Value Derivatives Not Designated as Hedging Instruments Balance Sheet Location November 30, 2021 May 31, 2021 Assets: Foreign Currency Exchange Other Current Assets $ 94 $ 212

Investment (Income) Expenses, N

Investment (Income) Expenses, Net (Tables)	6 Months Ended
	Nov. 30, 2021
Other Income and Expenses [Abstract]
Investment (Income) Expense, Net	Investment (income) expense, net, consists of the following components: Three Months Ended Six Months Ended November 30, November 30, November 30, November 30, (In thousands) 2021 2020 2021 2020 Interest (income) $ ( 993 ) $ ( 774 ) $ ( 2,146 ) $ ( 1,441 ) Net loss (gain) on marketable securities 5,293 ( 8,388 ) 1,817 ( 20,172 ) Dividend (income) ( 1,484 ) ( 357 ) ( 2,605 ) ( 668 ) Investment (income) expense, net $ 2,816 $ ( 9,519 ) $ ( 2,934 ) $ ( 22,281 )
Net Loss (Gain) on Marketable Securities	Net Loss (Gain) on Marketable Securities Three Months Ended Six Months Ended November 30, November 30, November 30, November 30, (In thousands) 2021 2020 2021 2020 Unrealized losses (gains) on marketable equity securities $ 5,542 $ ( 7,863 ) $ 2,324 $ ( 21,819 ) Realized (gains) losses on marketable equity securities ( 255 ) ( 548 ) ( 524 ) 1,624 Realized losses on available-for-sale debt securities 6 23 17 23 Net loss (gain) on marketable securities $ 5,293 $ ( 8,388 ) $ 1,817 $ ( 20,172 )

Other (Income) Expense, Net (Ta

Other (Income) Expense, Net (Tables)	6 Months Ended
	Nov. 30, 2021
Other Income and Expenses [Abstract]
Other (Income) Expense, Net	Other (income) expense, net, consists of the following components: Three Months Ended Six Months Ended November 30, November 30, November 30, November 30, (In thousands) 2021 2020 2021 2020 Pension non-service (credits)/costs $ ( 2,646 ) $ 3,370 ( 5,369 ) 6,706 Other ( 274 ) ( 237 ) ( 890 ) ( 455 ) Other (income) expense, net $ ( 2,920 ) $ 3,133 $ ( 6,259 ) $ 6,251

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Nov. 30, 2021
Inventory Disclosure [Abstract]
Major Classes of Inventories, Net of Reserves	Inventories, net of reserves, were composed of the following major classes: (In thousands) November 30, 2021 May 31, 2021 Raw material and supplies $ 515,707 $ 447,220 Finished goods 525,216 490,875 Total Inventory, Net of Reserves $ 1,040,923 $ 938,095

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Nov. 30, 2021
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 three- and six-month periods ended November 30, 2021 and 2020. Three Months Ended Six Months Ended November 30, November 30, November 30, November 30, (In thousands, except per share amounts) 2021 2020 2021 2020 Numerator for earnings per share: Net income attributable to RPM International Inc. stockholders $ 124,875 $ 127,659 $ 259,457 $ 308,254 Less: Allocation of earnings and dividends to participating securities ( 1,103 ) ( 1,130 ) ( 2,198 ) ( 2,517 ) Net income available to common shareholders - basic 123,772 126,529 257,259 305,737 Add: Undistributed earnings reallocated to unvested shareholders 2 4 6 9 Net income available to common shareholders - diluted $ 123,774 $ 126,533 $ 257,265 $ 305,746 Denominator for basic and diluted earnings per share: Basic weighted average common shares 128,022 128,500 128,058 128,459 Average diluted options and awards 472 590 479 619 Total shares for diluted earnings per share (1) 128,494 129,090 128,537 129,078 Earnings Per Share of Common Stock Attributable to RPM International Inc. Stockholders: Basic Earnings Per Share of Common Stock $ 0.97 $ 0.98 $ 2.01 $ 2.38 Method used to calculate basic earnings per share Two-class Two-class Two-class Two-class Diluted Earnings Per Share of Common Stock $ 0.96 $ 0.98 $ 2.00 $ 2.37 Method used to calculate diluted earnings per share Two-class Two-class Two-class Two-class (1) For the three and six months ended November 30, 2021, no restricted shares were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive. For the three and six months ended November 30, 2020, restricted shares totaling 225,500 and 339,550 were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive. In addition, stock appreciation rights (“SARs”) totaling 660,000 for both the three and six months ended November 30, 2021, and 360,000 for both the three and six months ended November 30, 2020, were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive.

Pension Plans (Tables)

Pension Plans (Tables)	6 Months Ended
	Nov. 30, 2021
Retirement Benefits [Abstract]
Retirement-Related Benefit Plans' Impact on Income Before Income Taxes	The following tables provide the retirement-related benefit plans’ impact on income before income taxes for the three and six months ended November 30, 2021 and 2020: U.S. Plans Non-U.S. Plans Three Months Ended Three Months Ended (In thousands) November 30, November 30, November 30, November 30, Pension Benefits 2021 2020 2021 2020 Service cost $ 11,914 $ 11,130 $ 1,348 $ 1,406 Interest cost 3,842 3,806 1,282 1,122 Expected return on plan assets ( 10,386 ) ( 8,279 ) ( 2,073 ) ( 1,607 ) Amortization of: Prior service cost (credit) 1 2 ( 38 ) ( 35 ) Net actuarial losses recognized 4,225 7,501 114 526 Net Periodic Benefit Cost $ 9,596 $ 14,160 $ 633 $ 1,412 U.S. Plans Non-U.S. Plans Three Months Ended Three Months Ended (In thousands) November 30, November 30, November 30, November 30, Postretirement Benefits 2021 2020 2021 2020 Service cost $ - $ - $ 432 $ 431 Interest cost 10 19 299 283 Amortization of: Prior service (credit) ( 40 ) ( 42 ) - - Net actuarial losses recognized 15 10 32 130 Net Periodic Benefit (Credit) Cost $ ( 15 ) $ ( 13 ) $ 763 $ 844 U.S. Plans Non-U.S. Plans Six Months Ended Six Months Ended (In thousands) November 30, November 30, November 30, November 30, Pension Benefits 2021 2020 2021 2020 Service cost $ 23,828 $ 22,260 $ 2,696 $ 2,812 Interest cost 7,684 7,612 2,564 2,244 Expected return on plan assets ( 20,772 ) ( 16,558 ) ( 4,146 ) ( 3,214 ) Amortization of: Prior service cost (credit) 2 4 ( 76 ) ( 70 ) Net actuarial losses recognized 8,450 15,002 228 1,052 Net Periodic Benefit Cost $ 19,192 $ 28,320 $ 1,266 $ 2,824 U.S. Plans Non-U.S. Plans Six Months Ended Six Months Ended (In thousands) November 30, November 30, November 30, November 30, Postretirement Benefits 2021 2020 2021 2020 Service cost $ - $ - $ 864 $ 862 Interest cost 20 38 598 566 Amortization of: Prior service (credit) ( 80 ) ( 84 ) - - Net actuarial losses recognized 30 20 64 260 Net Periodic Benefit (Credit) Cost $ ( 30 ) $ ( 26 ) $ 1,526 $ 1,688

Contingencies and Accrued Los_2

Contingencies and Accrued Losses (Tables)	6 Months Ended
	Nov. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Changes in Accrued Warranty Balances	The following table includes the changes in our accrued warranty balances: Three Months Ended Six Months Ended November 30, November 30, November 30, November 30, (In thousands) 2021 2020 2021 2020 Beginning Balance $ 13,032 $ 12,836 $ 13,175 $ 11,106 Deductions (1) ( 5,424 ) ( 7,652 ) ( 11,682 ) ( 13,582 ) Provision charged to expense 5,278 6,866 11,393 14,526 Ending Balance $ 12,886 $ 12,050 $ 12,886 $ 12,050 (1) Primarily claims paid during the year.

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Nov. 30, 2021
Revenue from Contract with Customer [Abstract]
Trade Accounts Receivable Net of Allowances and Net Contract Assets	Trade accounts receivable, net of allowances, and net contract assets consisted of the following: (In thousands, except percentages) November 30, 2021 August 31, 2021 $ Change % Change Trade accounts receivable, less allowances $ 1,173,494 $ 1,171,914 $ 1,580 0.1 % Contract assets $ 47,615 $ 45,310 $ 2,305 5.1 % Contract liabilities - short-term ( 36,279 ) ( 35,155 ) ( 1,124 ) 3.2 % Net Contract Assets $ 11,336 $ 10,155 $ 1,181 11.6 % (In thousands, except percentages) November 30, 2021 May 31, 2021 $ Change % Change Trade accounts receivable, less allowances $ 1,173,494 $ 1,280,806 $ ( 107,312 ) - 8.4 % Contract assets $ 47,615 $ 33,217 $ 14,398 43.3 % Contract liabilities - short-term ( 36,279 ) ( 33,112 ) ( 3,167 ) 9.6 % Net Contract Assets $ 11,336 $ 105 $ 11,231
Summary of Activity for Allowance for Credit Losses	The following tables summarize the activity for the allowance for credit losses for the three and six months ended November 30, 2021 and 2020: Three Months Ended Six Months Ended November 30, November 30, November 30, November 30, (In thousands) 2021 2020 2021 2020 Beginning Balance $ 52,181 $ 55,927 $ 55,922 $ 55,847 Bad debt provision 869 ( 106 ) 2,074 1,168 Uncollectible accounts written off, net of recoveries ( 812 ) ( 2,493 ) ( 4,899 ) ( 5,347 ) Translation adjustments ( 1,306 ) 214 ( 2,165 ) 1,874 Ending Balance $ 50,932 $ 53,542 $ 50,932 $ 53,542

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Nov. 30, 2021
Segment Reporting [Abstract]
Results of Reportable Segments	The following tables present a disaggregation of revenues by geography, and reflect the results of our reportable segments consistent with our management philosophy, by representing the information we utilize, in conjunction with various strategic, operational and other financial performance criteria, in evaluating the performance of our portfolio of businesses. Three Months Ended November 30, 2021 CPG PCG Consumer SPG Consolidated (In thousands) Net Sales (based on shipping location) United States $ 342,282 $ 187,838 $ 431,450 $ 153,188 $ 1,114,758 Foreign Canada 68,901 18,684 30,340 2,091 120,016 Europe 132,575 60,958 55,070 25,991 274,594 Latin America 49,486 6,846 7,911 545 64,788 Asia Pacific 20,951 5,488 4,426 11,809 42,674 Other Foreign ( 5 ) 22,713 - - 22,708 Total Foreign 271,908 114,689 97,747 40,436 524,780 Total $ 614,190 $ 302,527 $ 529,197 $ 193,624 $ 1,639,538 Three Months Ended November 30, 2020 CPG PCG Consumer SPG Consolidated (In thousands) Net Sales (based on shipping location) United States $ 261,092 $ 148,480 $ 441,235 $ 140,212 $ 991,019 Foreign Canada 48,686 18,196 29,460 2,209 98,551 Europe 129,586 63,891 63,454 21,644 278,575 Latin America 40,137 7,139 8,769 415 56,460 Asia Pacific 20,948 5,797 4,590 11,574 42,909 Other Foreign 3,071 15,330 - - 18,401 Total Foreign 242,428 110,353 106,273 35,842 494,896 Total $ 503,520 $ 258,833 $ 547,508 $ 176,054 $ 1,485,915 Six Months Ended November 30, 2021 CPG PCG Consumer SPG Consolidated (In thousands) Net Sales (based on shipping location) United States $ 714,595 $ 364,032 $ 863,849 $ 302,599 $ 2,245,075 Foreign Canada 145,461 37,135 64,282 4,231 251,109 Europe 262,993 118,793 115,337 50,326 547,449 Latin America 96,908 13,237 15,228 1,039 126,412 Asia Pacific 38,555 12,149 8,910 17,484 77,098 Other Foreign 40 42,776 - - 42,816 Total Foreign 543,957 224,090 203,757 73,080 1,044,884 Total $ 1,258,552 $ 588,122 $ 1,067,606 $ 375,679 $ 3,289,959 Six Months Ended November 30, 2020 CPG PCG Consumer SPG Consolidated (In thousands) Net Sales (based on shipping location) United States $ 589,053 $ 304,542 $ 950,819 $ 273,710 $ 2,118,124 Foreign Canada 104,328 35,309 78,368 4,129 222,134 Europe 238,305 127,526 131,064 38,639 535,534 Latin America 74,990 12,733 16,161 880 104,764 Asia Pacific 38,588 10,682 12,264 16,720 78,254 Other Foreign 5,946 27,830 - - 33,776 Total Foreign 462,157 214,080 237,857 60,368 974,462 Total $ 1,051,210 $ 518,622 $ 1,188,676 $ 334,078 $ 3,092,586 Three Months Ended Six Months Ended (In thousands) November 30, November 30, November 30, November 30, Income (Loss) Before Income Taxes 2021 2020 2021 2020 CPG Segment $ 130,368 $ 71,832 $ 244,725 $ 170,182 PCG Segment 37,854 24,047 72,932 52,561 Consumer Segment 33,104 88,368 79,019 221,089 SPG Segment 20,591 28,406 45,147 48,855 Corporate/Other ( 58,763 ) ( 45,697 ) ( 97,198 ) ( 84,362 ) Consolidated $ 163,154 $ 166,956 $ 344,625 $ 408,325 (In thousands) November 30, May 31, Identifiable Assets 2021 2021 CPG Segment $ 1,925,191 $ 1,815,303 PCG Segment 1,070,680 1,051,334 Consumer Segment 2,322,257 2,386,703 SPG Segment 790,776 772,540 Corporate/Other 145,995 227,089 Consolidated $ 6,254,899 $ 6,252,969

Consolidation, Noncontrolling_2

Consolidation, Noncontrolling Interests and Basis of Presentation - Additional Information (Detail)	Nov. 30, 2021
Accounting Policies [Abstract]
Percentage of controlled subsidiary's earnings	100.00%

New Accounting Pronouncements -

New Accounting Pronouncements - Additional Information (Detail)	Nov. 30, 2021
ASU 2018-14
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Change in accounting principle, accounting standards update, adopted [true false]	true
Change in accounting principle, accounting standards update, immaterial effect [true false]	true
Change in accounting principle, accounting standards update, adoption date	May 31, 2021
ASU 2019-12
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Change in accounting principle, accounting standards update, adopted [true false]	true
Change in accounting principle, accounting standards update, immaterial effect [true false]	true
Change in accounting principle, accounting standards update, adoption date	Jun. 1, 2021

Restructuring - Additional Info

Restructuring - Additional Information (Detail) - MAP to Growth $ in Millions	6 Months Ended
	Nov. 30, 2021USD ($)
Restructuring Cost And Reserve [Line Items]
Increase in current total expected costs	$ 1.9
Severance and Benefit Charges
Restructuring Cost And Reserve [Line Items]
Increase in current total expected costs	1.2
Facility Closure and Other Related Costs
Restructuring Cost And Reserve [Line Items]
Increase in current total expected costs	$ 0.7

Summary of Charges Recorded in

Summary of Charges Recorded in Connection with Restructuring by Reportable Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Restructuring Cost And Reserve [Line Items]
Current Year Charges	$ 2,977	$ 4,918	$ 3,988	$ 9,151
MAP to Growth
Restructuring Cost And Reserve [Line Items]
Current Year Charges	2,977	4,918	3,988	9,151
Cumulative Costs to Date	115,023		115,023
Total Expected Costs	118,676		118,676
MAP to Growth | Severance and Benefit Costs (Credits)
Restructuring Cost And Reserve [Line Items]
Current Year Charges	1,805	2,135	1,528	4,612
Cumulative Costs to Date	73,147		73,147
Total Expected Costs	74,160		74,160
MAP to Growth | Facility Closure and Other Related Costs
Restructuring Cost And Reserve [Line Items]
Current Year Charges	1,171	2,288	2,457	3,809
Cumulative Costs to Date	33,337		33,337
Total Expected Costs	35,977		35,977
MAP to Growth | Other Restructuring Costs
Restructuring Cost And Reserve [Line Items]
Current Year Charges	1	495	3	730
Cumulative Costs to Date	8,539		8,539
Total Expected Costs	8,539		8,539
MAP to Growth | Construction Products Segment
Restructuring Cost And Reserve [Line Items]
Current Year Charges	680	1,896	731	2,481
Cumulative Costs to Date	30,577		30,577
Total Expected Costs	30,839		30,839
MAP to Growth | Construction Products Segment | Severance and Benefit Costs (Credits)
Restructuring Cost And Reserve [Line Items]
Current Year Charges	177	1,394	(316)	1,574
Cumulative Costs to Date	20,972		20,972
Total Expected Costs	21,072		21,072
MAP to Growth | Construction Products Segment | Facility Closure and Other Related Costs
Restructuring Cost And Reserve [Line Items]
Current Year Charges	503	440	1,043	808
Cumulative Costs to Date	7,623		7,623
Total Expected Costs	7,785		7,785
MAP to Growth | Construction Products Segment | Other Restructuring Costs
Restructuring Cost And Reserve [Line Items]
Current Year Charges	0	62	4	99
Cumulative Costs to Date	1,982		1,982
Total Expected Costs	1,982		1,982
MAP to Growth | Performance Coatings Segment
Restructuring Cost And Reserve [Line Items]
Current Year Charges	250	1,542	786	2,898
Cumulative Costs to Date	24,691		24,691
Total Expected Costs	26,121		26,121
MAP to Growth | Performance Coatings Segment | Severance and Benefit Costs (Credits)
Restructuring Cost And Reserve [Line Items]
Current Year Charges	0	802	128	1,841
Cumulative Costs to Date	16,487		16,487
Total Expected Costs	16,832		16,832
MAP to Growth | Performance Coatings Segment | Facility Closure and Other Related Costs
Restructuring Cost And Reserve [Line Items]
Current Year Charges	250	556	658	844
Cumulative Costs to Date	7,287		7,287
Total Expected Costs	8,372		8,372
MAP to Growth | Performance Coatings Segment | Other Restructuring Costs
Restructuring Cost And Reserve [Line Items]
Current Year Charges	0	184	0	213
Cumulative Costs to Date	917		917
Total Expected Costs	917		917
MAP to Growth | Consumer Segment
Restructuring Cost And Reserve [Line Items]
Current Year Charges	271	985	511	2,470
Cumulative Costs to Date	29,319		29,319
Total Expected Costs	29,815		29,815
MAP to Growth | Consumer Segment | Severance and Benefit Costs (Credits)
Restructuring Cost And Reserve [Line Items]
Current Year Charges	0	(4)	0	786
Cumulative Costs to Date	12,307		12,307
Total Expected Costs	12,307		12,307
MAP to Growth | Consumer Segment | Facility Closure and Other Related Costs
Restructuring Cost And Reserve [Line Items]
Current Year Charges	271	785	511	1,382
Cumulative Costs to Date	12,592		12,592
Total Expected Costs	13,088		13,088
MAP to Growth | Consumer Segment | Other Restructuring Costs
Restructuring Cost And Reserve [Line Items]
Current Year Charges	0	204	0	302
Cumulative Costs to Date	4,420		4,420
Total Expected Costs	4,420		4,420
MAP to Growth | Specialty Products Group ("SPG") Segment
Restructuring Cost And Reserve [Line Items]
Current Year Charges	263	495	447	1,302
Cumulative Costs to Date	15,385		15,385
Total Expected Costs	16,850		16,850
MAP to Growth | Specialty Products Group ("SPG") Segment | Severance and Benefit Costs (Credits)
Restructuring Cost And Reserve [Line Items]
Current Year Charges	115	(57)	203	411
Cumulative Costs to Date	8,330		8,330
Total Expected Costs	8,898		8,898
MAP to Growth | Specialty Products Group ("SPG") Segment | Facility Closure and Other Related Costs
Restructuring Cost And Reserve [Line Items]
Current Year Charges	147	507	245	775
Cumulative Costs to Date	5,835		5,835
Total Expected Costs	6,732		6,732
MAP to Growth | Specialty Products Group ("SPG") Segment | Other Restructuring Costs
Restructuring Cost And Reserve [Line Items]
Current Year Charges	1	45	(1)	116
Cumulative Costs to Date	1,220		1,220
Total Expected Costs	1,220		1,220
MAP to Growth | Corporate/Other Segment
Restructuring Cost And Reserve [Line Items]
Current Year Charges	1,513	0	1,513	0
Cumulative Costs to Date	15,051		15,051
Total Expected Costs	15,051		15,051
MAP to Growth | Corporate/Other Segment | Severance and Benefit Costs (Credits)
Restructuring Cost And Reserve [Line Items]
Current Year Charges	1,513	$ 0	1,513	$ 0
Cumulative Costs to Date	15,051		15,051
Total Expected Costs	$ 15,051		$ 15,051

Summary of Charges Recorded i_2

Summary of Charges Recorded in Connection with Restructuring by Reportable Segment (Parenthetical) (Detail) - MAP to Growth - Severance and Benefit Costs (Credits) - Position	3 Months Ended		6 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Construction Products Segment
Restructuring Cost And Reserve [Line Items]
Number of positions eliminated	11	12	16	21
Performance Coatings Segment
Restructuring Cost And Reserve [Line Items]
Number of positions eliminated		11	3	50
Consumer Segment
Restructuring Cost And Reserve [Line Items]
Number of positions eliminated				3
Specialty Products Group ("SPG") Segment
Restructuring Cost And Reserve [Line Items]
Number of positions eliminated		1	16	24
Number of positions not eliminated		5
Corporate/Other Segment
Restructuring Cost And Reserve [Line Items]
Number of positions eliminated	1

Summary of Activity in Restruct

Summary of Activity in Restructuring Reserves (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Restructuring Cost And Reserve [Line Items]
Additions charged to expense	$ 2,977	$ 4,918	$ 3,988	$ 9,151
MAP to Growth
Restructuring Cost And Reserve [Line Items]
Beginning balance	3,337	11,031	5,720	13,237
Additions charged to expense	2,977	4,918	3,988	9,151
Cash payments charged against reserve	(3,083)	(5,238)	(6,095)	(11,442)
Non-cash charges and other adjustments	(764)	(160)	(1,146)	(395)
Ending balance	2,467	10,551	2,467	10,551
MAP to Growth | Severance and Benefit Costs (Credits)
Restructuring Cost And Reserve [Line Items]
Beginning balance	2,386	4,893	4,430	7,357
Additions charged to expense	1,805	2,135	1,528	4,612
Cash payments charged against reserve	(2,044)	(2,373)	(3,808)	(7,314)
Non-cash charges and other adjustments	(576)	0	(579)	0
Ending balance	1,571	4,655	1,571	4,655
MAP to Growth | Facility Closure and Other Related Costs
Restructuring Cost And Reserve [Line Items]
Beginning balance	951	6,138	1,290	5,880
Additions charged to expense	1,171	2,288	2,457	3,809
Cash payments charged against reserve	(1,039)	(2,530)	(2,287)	(3,793)
Non-cash charges and other adjustments	(187)	0	(564)	0
Ending balance	896	5,896	896	5,896
MAP to Growth | Other Restructuring Costs
Restructuring Cost And Reserve [Line Items]
Beginning balance	0	0	0	0
Additions charged to expense	1	495	3	730
Cash payments charged against reserve	0	(335)		(335)
Non-cash charges and other adjustments	(1)	(160)	(3)	(395)
Ending balance	$ 0	$ 0	$ 0	$ 0

Assets and Liabilities Measured

Assets and Liabilities Measured at Fair Value on Recurring Basis and Categorized using Fair Value Hierarchy (Detail) - Fair Value,Measurements Recurring - USD ($) $ in Thousands	Nov. 30, 2021	May 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	$ 26,904	$ 26,745
Total marketable equity securities	143,412	142,087
Assets (liabilities) at fair value	160,510	155,497
U.S. Treasury and other government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	26,718	26,563
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	186	182
Stocks | Foreign
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	986	768
Stocks | Domestic
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	7,176	6,975
Mutual funds | Foreign
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	45,142	47,916
Mutual funds | Domestic
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	90,108	86,428
Contingent consideration liability
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	(9,806)	(13,335)
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	0	0
Total marketable equity securities	8,162	7,743
Assets (liabilities) at fair value	8,162	7,743
Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. Treasury and other government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Stocks | Foreign
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	986	768
Quoted Prices in Active Markets for Identical Assets (Level 1) | Stocks | Domestic
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	7,176	6,975
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mutual funds | Foreign
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mutual funds | Domestic
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Contingent consideration liability
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	0	0
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	26,904	26,745
Total marketable equity securities	135,250	134,344
Assets (liabilities) at fair value	162,154	161,089
Significant Other Observable Inputs (Level 2) | U.S. Treasury and other government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	26,718	26,563
Significant Other Observable Inputs (Level 2) | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	186	182
Significant Other Observable Inputs (Level 2) | Stocks | Foreign
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	0	0
Significant Other Observable Inputs (Level 2) | Stocks | Domestic
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	0	0
Significant Other Observable Inputs (Level 2) | Mutual funds | Foreign
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	45,142	47,916
Significant Other Observable Inputs (Level 2) | Mutual funds | Domestic
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	90,108	86,428
Significant Other Observable Inputs (Level 2) | Contingent consideration liability
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	0	0
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	0	0
Total marketable equity securities	0	0
Assets (liabilities) at fair value	(9,806)	(13,335)
Significant Unobservable Inputs (Level 3) | U.S. Treasury and other government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	0	0
Significant Unobservable Inputs (Level 3) | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total available-for-sale securities	0	0
Significant Unobservable Inputs (Level 3) | Stocks | Foreign
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	0	0
Significant Unobservable Inputs (Level 3) | Stocks | Domestic
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	0	0
Significant Unobservable Inputs (Level 3) | Mutual funds | Foreign
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	0	0
Significant Unobservable Inputs (Level 3) | Mutual funds | Domestic
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total marketable equity securities	0	0
Significant Unobservable Inputs (Level 3) | Contingent consideration liability
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	$ (9,806)	$ (13,335)

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($) $ in Millions	6 Months Ended
	Nov. 30, 2021	Nov. 30, 2020
Fair Value Disclosures [Abstract]
Settlements of contingent consideration obligations	$ 5.7	$ 2.8
Increase in accrual related to fair value adjustments	$ 2.5	$ 2.7

Fair Value and Carrying Value o

Fair Value and Carrying Value of Financial Instruments and Long-Term Debt (Detail) - USD ($) $ in Thousands	Nov. 30, 2021	May 31, 2021
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	$ 192,851	$ 246,704
Marketable equity securities	143,412	142,087
Available-for-sale debt securities	26,904	26,745
Long-term debt, including current portion	2,465,993	2,379,826
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	192,851	246,704
Marketable equity securities	143,412	142,087
Available-for-sale debt securities	26,904	26,745
Long-term debt, including current portion	$ 2,713,027	$ 2,570,206

Derivatives and Hedging - Addit

Derivatives and Hedging - Additional Information (Detail)	Oct. 31, 2017EUR (€)CrossCurrencySwap	Feb. 29, 2020USD ($)	Nov. 30, 2021USD ($)ForwardContract	May 31, 2021USD ($)ForwardContract	Feb. 29, 2020EUR (€)CrossCurrencySwap	Feb. 29, 2020USD ($)CrossCurrencySwap	Oct. 31, 2017USD ($)CrossCurrencySwap
Derivatives Designated as Hedging Instruments
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Number of cross currency swaps executed | CrossCurrencySwap	2						2
Notional amount	€ 85,250,000						$ 100,000,000
Derivative instruments maturity date	2022-11
Number of cross currency swaps terminated | CrossCurrencySwap					2	2
Cash received on derivative fair value hedge | $		$ 9,300,000
Discontinuation of price risk cash flow hedge			hedge accounting adjustment to our Senior Notes of $1.5 million was recorded and is being amortized to interest expense in the Consolidated Statements of Income through the termination of the 3.450% Notes in November 2022. Changes in the fair value of the cross-currency swaps due to spot foreign exchange rates are recorded as cumulative translation adjustment within accumulated other comprehensive income ("AOCI") and will remain in AOCI until either the sale or substantially complete liquidation of the hedged subsidiaries.
Derivatives Designated as Hedging Instruments | Variable Interest Rate
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Number of cross currency swaps executed | CrossCurrencySwap					2	2
Notional amount					€ 277,730,000	$ 300,000,000
Derivative instruments maturity date		2023-02
Derivatives Designated as Hedging Instruments | Foreign Borrower's Term Loan | Variable Interest Rate
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Notional amount					€ 92,520,000	$ 100,000,000
Derivative instruments maturity date		2023-02
Derivatives Designated as Hedging Instruments | 3.450% Senior Notes November 2022
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Debt instrument, interest rate, stated percentage					3.45%	3.45%
Derivatives Designated as Hedging Instruments | 3.450% Senior Notes November 2022 | Interest Expense
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Discontinued hedge accounting adjustment to senior Notes | $		$ 1,500,000
Derivatives Not Designated as Hedges
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Number of foreign currency forward contract held | ForwardContract			1	1
Derivatives Not Designated as Hedges | Forward Contracts Held to Purchase Foreign Currencies
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Notional amount | $			$ 230,700,000	$ 191,700,000

Derivatives and Hedging - Sched

Derivatives and Hedging - Schedule of Derivatives Instruments for Gains or Losses Initially Recognized in AOCI in Consolidated Balance Sheet (Detail) - Derivatives Designated as Hedging Instruments - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Pretax gain/(loss) recognized in AOCI	$ 16,465	$ (1,055)	$ 30,179	$ (32,141)
Pretax gain/(loss) reclassified from AOCI into income	3,221	(611)	5,836	(8,642)
Interest Rate Swap | Interest (Expense) Income | Cash Flow
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Pretax gain/(loss) recognized in AOCI	868	(149)	832	(747)
Pretax gain/(loss) reclassified from AOCI into income, cash flow	(930)	(846)	$ (1,860)	(1,613)
Income Statement Location			Interest (expense) income
Cross Currency Swap | Interest (Expense) Income | Cash Flow
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Pretax gain/(loss) recognized in AOCI	4,157	51	$ 7,604	(7,304)
Pretax gain/(loss) reclassified from AOCI into income, cash flow	138	160	$ 276	351
Income Statement Location			Interest (expense) income
Cross Currency Swap | Foreign exchange gain (loss) | Cash Flow
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Pretax gain/(loss) reclassified from AOCI into income, cash flow	4,013	75	$ 7,420	(7,380)
Income Statement Location			Foreign exchange gain (loss)
Cross Currency Swap | Gain or (loss) on sale of subsidiary | Net Investment
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Pretax gain/(loss) recognized in AOCI	$ 11,440	$ (957)	$ 21,743	$ (24,090)
Income Statement Location			Gain or (loss) on sale of subsidiary

Derivatives and Hedging - Sch_2

Derivatives and Hedging - Schedule of Fair Values of Qualifying and Non-Qualifying Instruments Used in Hedging Transactions (Detail) - USD ($) $ in Thousands	Nov. 30, 2021	May 31, 2021
Derivatives Designated as Hedging Instruments | Cross Currency Swap | Net Investment | Other Current Assets
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Fair value of derivatives assets	$ 5,916	$ 6,233
Derivatives Designated as Hedging Instruments | Cross Currency Swap | Net Investment | Other Accrued Liabilities
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Fair value of derivatives liabilities	839	1,321
Derivatives Designated as Hedging Instruments | Cross Currency Swap | Net Investment | Other Long-Term Liabilities
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Fair value of derivatives liabilities	17,343	39,228
Derivatives Designated as Hedging Instruments | Cross Currency Swap | Cash Flow | Other Current Assets
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Fair value of derivatives assets	767	516
Derivatives Designated as Hedging Instruments | Cross Currency Swap | Cash Flow | Other Long-Term Liabilities
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Fair value of derivatives liabilities	5,889	13,786
Derivatives Designated as Hedging Instruments | Interest Rate Swap | Cash Flow | Other Accrued Liabilities
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Fair value of derivatives liabilities	2,913	3,547
Derivatives Designated as Hedging Instruments | Interest Rate Swap | Cash Flow | Other Long-Term Liabilities
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Fair value of derivatives liabilities	410	2,467
Derivatives Not Designated as Hedging Instruments | Foreign Currency Exchange | Other Current Assets
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Fair value of derivatives assets	$ 94	$ 212

Investment (Income) Expense, _2

Investment (Income) Expense, Net (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Other Income and Expenses [Abstract]
Interest (income)	$ (993)	$ (774)	$ (2,146)	$ (1,441)
Net loss (gain) on marketable securities	5,293	(8,388)	1,817	(20,172)
Dividend (income)	(1,484)	(357)	(2,605)	(668)
Investment (income) expense, net	$ 2,816	$ (9,519)	$ (2,934)	$ (22,281)

Net Loss (Gain) on Marketable S

Net Loss (Gain) on Marketable Securities (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Net Loss (Gain) on Marketable Securities
Unrealized losses (gains) on marketable equity securities	$ 5,542	$ (7,863)	$ 2,324	$ (21,819)
Realized (gains) losses on marketable equity securities	(255)	(548)	(524)	1,624
Realized losses on available-for-sale debt securities	6	23	17	23
Net loss (gain) on marketable securities	$ 5,293	$ (8,388)	$ 1,817	$ (20,172)

(Gain) on Sales of Assets, Net

(Gain) on Sales of Assets, Net - Additional Information (Detail) - USD ($) $ in Thousands	Sep. 15, 2021	Nov. 30, 2021	Nov. 30, 2021	Nov. 30, 2020	May 31, 2021
Sale Leaseback Transaction [Line Items]
Net gain sales of assets	$ 41,900	$ 42,124	$ 42,242	$ 0
Sale of property assets	49,800
Net proceeds after adjustments and expenses	$ 48,000
Sale leaseback agreement commencement date			Sep. 15, 2021
Sale leaseback agreement expiration date			Sep. 14, 2024
Operating lease, future minimum lease payments		$ 3,400	$ 3,400
Operating lease, borrowing rate		1.30%	1.30%
Operating lease, ROU assets		$ 302,701	$ 302,701		$ 300,827
Operating lease, liability		3,700	3,700
Leaseback Agreement
Sale Leaseback Transaction [Line Items]
Operating lease, ROU assets		$ 3,700	$ 3,700

Other (Income) Expense, Net (De

Other (Income) Expense, Net (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Other Income and Expenses [Abstract]
Pension non-service (credits)/costs	$ (2,646)	$ 3,370	$ (5,369)	$ 6,706
Other	(274)	(237)	(890)	(455)
Other (income) expense, net	$ (2,920)	$ 3,133	$ (6,259)	$ 6,251

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Income Tax Disclosure [Abstract]
Effective income tax expense rate	23.30%	23.40%	24.60%	24.40%
Corporate income tax rate	21.00%	21.00%	21.00%	21.00%
Deferred income tax liability	$ 13,700,000		$ 13,700,000
Unremitted foreign earnings	437,600,000		437,600,000
Provision for deferred income taxes	$ 0		$ 0

Major Classes of Inventories, N

Major Classes of Inventories, Net of Reserves (Detail) - USD ($) $ in Thousands	Nov. 30, 2021	May 31, 2021
Inventory Disclosure [Abstract]
Raw material and supplies	$ 515,707	$ 447,220
Finished goods	525,216	490,875
Total Inventory, Net of Reserves	$ 1,040,923	$ 938,095

Stock Repurchase Program - Addi

Stock Repurchase Program - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended			6 Months Ended
	Jan. 31, 2021	Nov. 30, 2021	Aug. 31, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020	May 31, 2021
Stock Repurchase Programs [Line Items]
Authorization of stock repurchase program			Jan. 8, 2008
Capital to be returned to stockholders through share repurchases							$ 1,000,000
Stock repurchase program, remaining authorized repurchase, value	$ 469,700						$ 600,000
Stock repurchase program expiration date	May 31, 2021
Shares repurchased		0		0	133,388	0
Shares repurchased, value			$ 12,500		$ 12,500
Repurchase of common stock price per shares					$ 93.71
Maximum
Stock Repurchase Programs [Line Items]
Stock repurchase program, remaining authorized repurchase, value		$ 407,300			$ 407,300

Reconciliation of Numerator and

Reconciliation of Numerator and Denominator of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Numerator for earnings per share:
Net income attributable to RPM International Inc. stockholders		$ 124,875	$ 127,659	$ 259,457	$ 308,254
Less: Allocation of earnings and dividends to participating securities		(1,103)	(1,130)	(2,198)	(2,517)
Net income available to common shareholders - basic		123,772	126,529	257,259	305,737
Add: Undistributed earnings reallocated to unvested shareholders		2	4	6	9
Net income available to common shareholders - diluted		$ 123,774	$ 126,533	$ 257,265	$ 305,746
Denominator for basic and diluted earnings per share:
Basic weighted average common shares		128,022	128,500	128,058	128,459
Average diluted options and awards		472	590	479	619
Total shares for diluted earnings per share	[1]	128,494	129,090	128,537	129,078
Earnings Per Share of Common Stock Attributable to RPM International Inc. Stockholders:
Earnings Per Share Basic		$ 0.97	$ 0.98	$ 2.01	$ 2.38
Method used to calculate basic earnings per share		Two-class	Two-class	Two-class	Two-class
Earnings Per Share Diluted		$ 0.96	$ 0.98	$ 2	$ 2.37
Method used to calculate diluted earnings per share		Two-class	Two-class	Two-class	Two-class
[1]	For the three and six months ended November 30, 2021, no restricted shares were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive. For the three and six months ended November 30, 2020, restricted shares totaling 225,500 and 339,550 were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive. In addition, stock appreciation rights (“SARs”) totaling 660,000 for both the three and six months ended November 30, 2021, and 360,000 for both the three and six months ended November 30, 2020, were excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive.

Reconciliation of Numerator a_2

Reconciliation of Numerator and Denominator of Basic and Diluted Earnings Per Share (Parenthetical) (Detail) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Restricted shares
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Shares excluded from the calculation of diluted earnings per share	0	225,500	0	339,550
Stock appreciation rights (SARs)
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Shares excluded from the calculation of diluted earnings per share	660,000	360,000	660,000	360,000

Retirement-Related Benefit Plan

Retirement-Related Benefit Plans' Impact on Income Before Income Taxes (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Pension Benefits | U.S. Plans
Defined Benefit Plans And Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	$ 11,914	$ 11,130	$ 23,828	$ 22,260
Interest cost	3,842	3,806	7,684	7,612
Expected return on plan assets	(10,386)	(8,279)	(20,772)	(16,558)
Prior service cost (credit)	1	2	2	4
Net actuarial losses recognized	4,225	7,501	8,450	15,002
Net Periodic Benefit (Credit) Cost	9,596	14,160	19,192	28,320
Pension Benefits | Non-U.S. Plans
Defined Benefit Plans And Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	1,348	1,406	2,696	2,812
Interest cost	1,282	1,122	2,564	2,244
Expected return on plan assets	(2,073)	(1,607)	(4,146)	(3,214)
Prior service cost (credit)	(38)	(35)	(76)	(70)
Net actuarial losses recognized	114	526	228	1,052
Net Periodic Benefit (Credit) Cost	633	1,412	1,266	2,824
Postretirement Benefits | U.S. Plans
Defined Benefit Plans And Other Postretirement Benefit Plans Table Text Block [Line Items]
Interest cost	10	19	20	38
Prior service cost (credit)	(40)	(42)	(80)	(84)
Net actuarial losses recognized	15	10	30	20
Net Periodic Benefit (Credit) Cost	(15)	(13)	(30)	(26)
Postretirement Benefits | Non-U.S. Plans
Defined Benefit Plans And Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	432	431	864	862
Interest cost	299	283	598	566
Net actuarial losses recognized	32	130	64	260
Net Periodic Benefit (Credit) Cost	$ 763	$ 844	$ 1,526	$ 1,688

Pension Plans - Additional Info

Pension Plans - Additional Information (Detail) - Pension Benefits $ in Millions	Nov. 30, 2021USD ($)
U.S. Plans
Defined Benefit Plans And Other Postretirement Benefit Plans Table Text Block [Line Items]
Contribution to retirement plans the current fiscal year	$ 1
Non-U.S. Plans
Defined Benefit Plans And Other Postretirement Benefit Plans Table Text Block [Line Items]
Contribution to retirement plans the current fiscal year	$ 5

Changes in Accrued Warranty Bal

Changes in Accrued Warranty Balances (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Beginning Balance		$ 13,032	$ 12,836	$ 13,175	$ 11,106
Deductions	[1]	(5,424)	(7,652)	(11,682)	(13,582)
Provision charged to expense		5,278	6,866	11,393	14,526
Ending Balance		$ 12,886	$ 12,050	$ 12,886	$ 12,050
[1]	Primarily claims paid during the year.

Contingencies and Accrued Los_3

Contingencies and Accrued Losses - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 10, 2021	Nov. 30, 2021	May 31, 2021
Loss Contingencies [Line Items]
New jury awarded damages value to distributor	$ 6,000
Accrued losses		$ 25,283	$ 29,054
Maximum range of reasonably possible loss		6,000
Subsidiary Potential Arguments On Appeal
Loss Contingencies [Line Items]
Accrued losses		$ 2,600

Revenue - Additional Informatio

Revenue - Additional Information (Detail) $ in Thousands	3 Months Ended		6 Months Ended
	Nov. 30, 2021USD ($)	Nov. 30, 2020USD ($)	Nov. 30, 2021USD ($)Segment	Nov. 30, 2020USD ($)	Aug. 31, 2021USD ($)	May 31, 2021USD ($)
Disaggregation Of Revenue [Line Items]
Number of reportable segments | Segment			4
Revenue performance obligation description of payment terms			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
Revenue, Practical Expedient, Financing Component [true false]			false
Increase in net contract assets	$ 1,181		$ 11,231
Net Sales	1,639,538	$ 1,485,915	3,289,959	$ 3,092,586
Long-term deferred revenue	$ 67,200		$ 67,200		$ 67,400	$ 67,800

Summary of Trade Accounts Recei

Summary of Trade Accounts Receivable Net of Allowances and Net Contract Assets (Detail) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Nov. 30, 2021	Nov. 30, 2021	Aug. 31, 2021	May 31, 2021
Disaggregation Of Revenue [Line Items]
Trade accounts receivable, less allowances	$ 1,173,494	$ 1,173,494	$ 1,171,914	$ 1,280,806
Contract assets	47,615	47,615	45,310	33,217
Contract liabilities - short-term	(36,279)	(36,279)	(35,155)	(33,112)
Net Contract Assets	11,336	11,336	$ 10,155	$ 105
Change in Contract with Customer, Asset and Liability [Abstract]
Change in trade accounts receivable, less allowance	1,580	(107,312)
Change in contract assets	2,305	14,398
Increase in net contract assets	$ 1,181	$ 11,231
Percentage of change in trade accounts receivable, less allowance	0.10%	(8.40%)
Percentage of change in contract assets	5.10%	43.30%
Percentage of change in Net Contract Assets/(Liabilities)	11.60%
Short-term
Change in Contract with Customer, Asset and Liability [Abstract]
Change in contract liabilities	$ (1,124)	$ (3,167)
Percentage of change in contract liabilities	3.20%	9.60%

Summary of Activity for Allowan

Summary of Activity for Allowance for Credit Losses (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Accounts receivable, allowance for credit loss [Roll Forward]
Beginning balance	$ 52,181	$ 55,927	$ 55,922	$ 55,847
Bad debt provision	869	(106)	2,074	1,168
Uncollectible accounts written off, net of recoveries	(812)	(2,493)	(4,899)	(5,347)
Translation adjustments	(1,306)	214	(2,165)	1,874
Ending balance	$ 50,932	$ 53,542	$ 50,932	$ 53,542

Segment Information - Additiona

Segment Information - Additional Information (Detail)	6 Months Ended
	Nov. 30, 2021Segment
Segment Reporting [Abstract]
Number of operating segments	4

Results of Reportable Segments

Results of Reportable Segments (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020	May 31, 2021
Segment Reporting Information [Line Items]
Net Sales	$ 1,639,538	$ 1,485,915	$ 3,289,959	$ 3,092,586
Income (Loss) Before Income Taxes	163,154	166,956	344,625	408,325
Identifiable Assets	6,254,899		6,254,899		$ 6,252,969
CPG Segment
Segment Reporting Information [Line Items]
Income (Loss) Before Income Taxes	130,368	71,832	244,725	170,182
Identifiable Assets	1,925,191		1,925,191		1,815,303
PCG Segment
Segment Reporting Information [Line Items]
Income (Loss) Before Income Taxes	37,854	24,047	72,932	52,561
Identifiable Assets	1,070,680		1,070,680		1,051,334
Consumer Segment
Segment Reporting Information [Line Items]
Income (Loss) Before Income Taxes	33,104	88,368	79,019	221,089
Identifiable Assets	2,322,257		2,322,257		2,386,703
SPG Segments
Segment Reporting Information [Line Items]
Income (Loss) Before Income Taxes	20,591	28,406	45,147	48,855
Identifiable Assets	790,776		790,776		772,540
Operating Segments
Segment Reporting Information [Line Items]
Net Sales	1,639,538	1,485,915	3,289,959	3,092,586
Operating Segments | CPG Segment
Segment Reporting Information [Line Items]
Net Sales	614,190	503,520	1,258,552	1,051,210
Operating Segments | PCG Segment
Segment Reporting Information [Line Items]
Net Sales	302,527	258,833	588,122	518,622
Operating Segments | Consumer Segment
Segment Reporting Information [Line Items]
Net Sales	529,197	547,508	1,067,606	1,188,676
Operating Segments | SPG Segments
Segment Reporting Information [Line Items]
Net Sales	193,624	176,054	375,679	334,078
Operating Segments | Domestic
Segment Reporting Information [Line Items]
Net Sales	1,114,758	991,019	2,245,075	2,118,124
Operating Segments | Domestic | CPG Segment
Segment Reporting Information [Line Items]
Net Sales	342,282	261,092	714,595	589,053
Operating Segments | Domestic | PCG Segment
Segment Reporting Information [Line Items]
Net Sales	187,838	148,480	364,032	304,542
Operating Segments | Domestic | Consumer Segment
Segment Reporting Information [Line Items]
Net Sales	431,450	441,235	863,849	950,819
Operating Segments | Domestic | SPG Segments
Segment Reporting Information [Line Items]
Net Sales	153,188	140,212	302,599	273,710
Operating Segments | Foreign
Segment Reporting Information [Line Items]
Net Sales	524,780	494,896	1,044,884	974,462
Operating Segments | Foreign | CPG Segment
Segment Reporting Information [Line Items]
Net Sales	271,908	242,428	543,957	462,157
Operating Segments | Foreign | PCG Segment
Segment Reporting Information [Line Items]
Net Sales	114,689	110,353	224,090	214,080
Operating Segments | Foreign | Consumer Segment
Segment Reporting Information [Line Items]
Net Sales	97,747	106,273	203,757	237,857
Operating Segments | Foreign | SPG Segments
Segment Reporting Information [Line Items]
Net Sales	40,436	35,842	73,080	60,368
Operating Segments | Foreign | Canada
Segment Reporting Information [Line Items]
Net Sales	120,016	98,551	251,109	222,134
Operating Segments | Foreign | Canada | CPG Segment
Segment Reporting Information [Line Items]
Net Sales	68,901	48,686	145,461	104,328
Operating Segments | Foreign | Canada | PCG Segment
Segment Reporting Information [Line Items]
Net Sales	18,684	18,196	37,135	35,309
Operating Segments | Foreign | Canada | Consumer Segment
Segment Reporting Information [Line Items]
Net Sales	30,340	29,460	64,282	78,368
Operating Segments | Foreign | Canada | SPG Segments
Segment Reporting Information [Line Items]
Net Sales	2,091	2,209	4,231	4,129
Operating Segments | Foreign | Europe
Segment Reporting Information [Line Items]
Net Sales	274,594	278,575	547,449	535,534
Operating Segments | Foreign | Europe | CPG Segment
Segment Reporting Information [Line Items]
Net Sales	132,575	129,586	262,993	238,305
Operating Segments | Foreign | Europe | PCG Segment
Segment Reporting Information [Line Items]
Net Sales	60,958	63,891	118,793	127,526
Operating Segments | Foreign | Europe | Consumer Segment
Segment Reporting Information [Line Items]
Net Sales	55,070	63,454	115,337	131,064
Operating Segments | Foreign | Europe | SPG Segments
Segment Reporting Information [Line Items]
Net Sales	25,991	21,644	50,326	38,639
Operating Segments | Foreign | Latin America
Segment Reporting Information [Line Items]
Net Sales	64,788	56,460	126,412	104,764
Operating Segments | Foreign | Latin America | CPG Segment
Segment Reporting Information [Line Items]
Net Sales	49,486	40,137	96,908	74,990
Operating Segments | Foreign | Latin America | PCG Segment
Segment Reporting Information [Line Items]
Net Sales	6,846	7,139	13,237	12,733
Operating Segments | Foreign | Latin America | Consumer Segment
Segment Reporting Information [Line Items]
Net Sales	7,911	8,769	15,228	16,161
Operating Segments | Foreign | Latin America | SPG Segments
Segment Reporting Information [Line Items]
Net Sales	545	415	1,039	880
Operating Segments | Foreign | Asia Pacific
Segment Reporting Information [Line Items]
Net Sales	42,674	42,909	77,098	78,254
Operating Segments | Foreign | Asia Pacific | CPG Segment
Segment Reporting Information [Line Items]
Net Sales	20,951	20,948	38,555	38,588
Operating Segments | Foreign | Asia Pacific | PCG Segment
Segment Reporting Information [Line Items]
Net Sales	5,488	5,797	12,149	10,682
Operating Segments | Foreign | Asia Pacific | Consumer Segment
Segment Reporting Information [Line Items]
Net Sales	4,426	4,590	8,910	12,264
Operating Segments | Foreign | Asia Pacific | SPG Segments
Segment Reporting Information [Line Items]
Net Sales	11,809	11,574	17,484	16,720
Operating Segments | Foreign | Other Foreign
Segment Reporting Information [Line Items]
Net Sales	22,708	18,401	42,816	33,776
Operating Segments | Foreign | Other Foreign | CPG Segment
Segment Reporting Information [Line Items]
Net Sales	(5)	3,071	40	5,946
Operating Segments | Foreign | Other Foreign | PCG Segment
Segment Reporting Information [Line Items]
Net Sales	22,713	15,330	42,776	27,830
Operating Segments | Foreign | Other Foreign | Consumer Segment
Segment Reporting Information [Line Items]
Net Sales	0	0	0	0
Operating Segments | Foreign | Other Foreign | SPG Segments
Segment Reporting Information [Line Items]
Net Sales	0	0	0	0
Corporate/Other
Segment Reporting Information [Line Items]
Income (Loss) Before Income Taxes	(58,763)	$ (45,697)	(97,198)	$ (84,362)
Identifiable Assets	$ 145,995		$ 145,995		$ 227,089