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EQUITY (Tables)
6 Months Ended
Nov. 30, 2011
Components of Total Equity and Comprehensive Income

The following tables illustrate the components of total equity and comprehensive income for the quarters ended November 30, 2011 and 2010:

 

(In thousands)

   Total RPM
International
Inc. Equity
    Noncontrolling
Interest
    Total Equity  

Total equity at August 31, 2011

   $ 1,304,339     $ 131,398     $ 1,435,737  

Net income

     49,931       3,988       53,919  

Other Comprehensive Income:

      

Foreign currency translation adjustments

     (60,471 )      (3,842 )      (64,313 ) 

Pension and other postretirement benefit liability adjustments,
net of tax

     2,799       382       3,181  

Unrealized gain (loss) on securities, net of tax

     (9,323 )      1,604       (7,719 ) 

Unrealized gain on derivatives, net of tax

     (2,196 )      (597 )      (2,793 ) 
  

 

 

   

 

 

   

 

 

 

Total Other Comprehensive Income, net of tax

     (69,191 )      (2,453 )      (71,644 ) 
  

 

 

   

 

 

   

 

 

 

Comprehensive Income

     (19,260 )      1,535       (17,725 ) 

Dividends paid

     (28,196 )        (28,196 ) 

Other noncontrolling interest activity

     (1,603 )        (1,603 ) 

Shares repurchased

     (2,802 )        (2,802 ) 

Stock option exercises, net

     1,975         1,975  

Stock based compensation expense

     3,567         3,567  

Restricted awards, net

     (2,926 )        (2,926 ) 
  

 

 

   

 

 

   

 

 

 

Total Equity at November 30, 2011

   $ 1,255,094     $ 132,933     $ 1,388,027  
  

 

 

   

 

 

   

 

 

 

 

(In thousands)

   Total RPM
International
Inc. Equity
    Noncontrolling
Interest
    Total Equity  

Total equity at August 31, 2010

   $ 1,141,637     $ 95,242     $ 1,236,879  

Net income

     48,791       4,712       53,503  

Other Comprehensive Income:

      

Foreign currency translation adjustments

     21,144       (1,098 )      20,046  

Pension and other postretirement benefit liability adjustments,
net of tax

     1,644       (130 )      1,514  

Unrealized gain (loss) on securities, net of tax

     4,616       (2,076 )      2,540  

Unrealized gain on derivatives, net of tax

     783       213       996  
  

 

 

   

 

 

   

 

 

 

Total Other Comprehensive Income, net of tax

     28,187       (3,091 )      25,096  
  

 

 

   

 

 

   

 

 

 

Comprehensive Income

     76,978       1,621       78,599  

Dividends paid

     (27,282 )        (27,282 ) 

Other noncontrolling interest activity

     2,076         2,076  

Shares repurchased

     (9,388 )        (9,388 ) 

Stock option exercises, net

     2,184         2,184  

Stock based compensation expense

     540         540  

Restricted awards, net

     673         673  
  

 

 

   

 

 

   

 

 

 

Total Equity at November 30, 2010

   $ 1,187,418     $ 96,863     $ 1,284,281  
  

 

 

   

 

 

   

 

 

 

The following tables illustrate the components of total equity and comprehensive income for the six months ended November 30, 2011 and 2010:

 

(In thousands)

   Total RPM
International
Inc. Equity
    Noncontrolling
Interest
    Total Equity  

Total equity at May 31, 2011

   $ 1,263,164     $ 124,204     $ 1,387,368  

Net income

     126,742       10,517       137,259  

Other Comprehensive Income:

      

Foreign currency translation adjustments

     (69,904 )      (3,513 )      (73,417 ) 

Pension and other postretirement benefit liability adjustments,
net of tax

     4,840       559       5,399  

Unrealized gain (loss) on securities, net of tax

     (12,966 )      1,994       (10,972 ) 

Unrealized gain on derivatives, net of tax

     (3,044 )      (828 )      (3,872 ) 
  

 

 

   

 

 

   

 

 

 

Total Other Comprehensive Income, net of tax

     (81,074 )      (1,788 )      (82,862 ) 
  

 

 

   

 

 

   

 

 

 

Comprehensive Income

     45,668       8,729       54,397  

Dividends paid

     (55,620 )        (55,620 ) 

Other

     (1,993 )        (1,993 ) 

Shares repurchased

     (3,008 )        (3,008 ) 

Stock option exercises, net

     3,181         3,181  

Stock based compensation expense

     6,692         6,692  

Restricted awards, net

     (2,990 )        (2,990 ) 
  

 

 

   

 

 

   

 

 

 

Total Equity at November 30, 2011

   $ 1,255,094     $ 132,933     $ 1,388,027  
  

 

 

   

 

 

   

 

 

 

 

(In thousands)

   Total RPM
International
Inc. Equity
    Noncontrolling
Interest
    Total Equity  

Total equity at May 31, 2010

   $ 1,079,473     $ 81,768     $ 1,161,241  

Net income

     117,787       10,710       128,497  

Other Comprehensive Income:

      

Foreign currency translation adjustments

     40,417       4,985       45,402  

Pension and other postretirement benefit liability adjustments,
net of tax

     2,235       (85 )      2,150  

Unrealized gain (loss) on securities, net of tax

     9,571       (1,337 )      8,234  

Unrealized gain on derivatives, net of tax

     3,021       822       3,843  
  

 

 

   

 

 

   

 

 

 

Total Other Comprehensive Income, net of tax

     55,244       4,385       59,629  
  

 

 

   

 

 

   

 

 

 

Comprehensive Income

     173,031       15,095       188,126  

Dividends paid

     (53,911 )        (53,911 ) 

Other noncontrolling interest activity

     1,088         1,088  

Shares repurchased

     (17,948 )        (17,948 ) 

Stock option exercises, net

     2,614         2,614  

Stock based compensation expense

     6,027         6,027  

Restricted awards, net

     (2,956 )        (2,956 ) 
  

 

 

   

 

 

   

 

 

 

Total Equity at November 30, 2010

   $ 1,187,418     $ 96,863     $ 1,284,281