EX-11.1 3 l03306aexv11w1.txt EXHIBIT 11.1 RPM INTERNATIONAL INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPUTATIONS OF EARNINGS PER SHARE AND SHARE EQUIVALENTS (UNAUDITED) EXHIBIT 11.1 (IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
THREE MONTHS ENDED AUGUST 31, ------------------- 2003 2002 -------- -------- SHARES OUTSTANDING FOR COMPUTATION OF BASIC EARNINGS PER SHARE OF COMMON STOCK WEIGHTED AVERAGE SHARES 115,557 114,765 -------- -------- TOTAL SHARES FOR BASIC EARNINGS PER SHARE 115,557 114,765 FOR COMPUTATION OF DILUTED EARNINGS PER SHARE OF COMMON STOCK NET ISSUABLE COMMON SHARE EQUIVALENTS 676 995 -------- -------- TOTAL SHARES FOR DILUTED EARNINGS PER SHARE 116,233 115,760 ======== ======== NET INCOME NET INCOME APPLICABLE TO SHARES OF COMMON STOCK FOR BASIC EARNINGS PER SHARE $ 47,672 $ 44,173 -------- -------- NET INCOME APPLICABLE TO SHARES OF COMMON STOCK FOR DILUTED EARNINGS PER SHARE $ 47,672 $ 44,173 ======== ======== BASIC EARNINGS PER SHARE $ 0.41 $ 0.38 ======== ======== DILUTED EARNINGS PER SHARE $ 0.41 $ 0.38 ======== ========
THE ACCOMPANYING NOTES TO CONSOLIDATED FINANCIAL STATEMENTS ARE AN INTEGRAL PART OF THIS EXHIBIT.