EQUITY

9 Months Ended

Feb. 29, 2012

EQUITY

NOTE 15 — EQUITY

The following tables illustrate the components of total equity and comprehensive income for the quarters ended February 29, 2012 and February 28, 2011:

(In thousands)	Total RPM International Inc. Equity			Noncontrolling Interest			Total Equity
Total equity at November 30, 2011	$	1,255,094		$	132,933		$	1,388,027
Net income		6,625			1,299			7,924
Other Comprehensive Income:
Foreign currency translation adjustments		24,083			(1,826	)		22,257
Pension and other postretirement benefit liability adjustments, net of tax		983			(112	)		871
Unrealized gain (loss) on securities, net of tax		3,592			(1,118	)		2,474
Unrealized gain on derivatives, net of tax		(623	)		(170	)		(793	)
Total Other Comprehensive Income, net of tax		28,035			(3,226	)		24,809
Comprehensive Income		34,660			(1,927	)		32,733
Dividends paid		(28,251	)					(28,251	)
Other noncontrolling interest activity		1,118						1,118
Stock option exercises, net		2,970						2,970
Stock based compensation expense		3,182						3,182
Restricted awards, net		(575	)					(575	)
Total Equity at February 29, 2012	$	1,268,198		$	131,006		$	1,399,204

(In thousands)	Total RPM International Inc. Equity			Noncontrolling Interest			Total Equity
Total equity at November 30, 2010	$	1,187,418		$	96,863		$	1,284,281
Net income		1,097			96			1,193
Other Comprehensive Income:
Foreign currency translation adjustments		44,038			(2,835	)		41,203
Pension and other postretirement benefit liability adjustments, net of tax		54			(329	)		(275	)
Unrealized gain (loss) on securities, net of tax		(4,718	)		1,337			(3,381	)
Unrealized gain on derivatives, net of tax		51			14			65
Total Other Comprehensive Income, net of tax		39,425			(1,813	)		37,612
Comprehensive Income		40,522			(1,717	)		38,805
Dividends paid		(27,278	)					(27,278	)
Other noncontrolling interest activity		3,068						3,068
Stock option exercises, net		5,440						5,440
Stock based compensation expense		531						531
Restricted awards, net		1,823						1,823
Total Equity at February 28, 2011	$	1,211,524		$	95,146		$	1,306,670

The following tables illustrate the components of total equity and comprehensive income for the nine months ended February 29, 2012 and February 28, 2011:

(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		133,367			11,816			145,183
Other Comprehensive Income:
Foreign currency translation adjustments		(45,821	)		(5,339	)		(51,160	)
Pension and other postretirement benefit liability adjustments, net of tax		5,823			447			6,270
Unrealized gain (loss) on securities, net of tax		(9,374	)		876			(8,498	)
Unrealized gain on derivatives, net of tax		(3,667	)		(998	)		(4,665	)
Total Other Comprehensive Income, net of tax		(53,039	)		(5,014	)		(58,053	)
Comprehensive Income		80,328			6,802			87,130
Dividends paid		(83,871	)					(83,871	)
Other		(875	)					(875	)
Shares repurchased		(3,008	)					(3,008	)
Stock option exercises, net		6,151						6,151
Stock based compensation expense		9,874						9,874
Restricted awards, net		(3,565	)					(3,565	)
Total Equity at February 29, 2012	$	1,268,198		$	131,006		$	1,399,204

(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		118,884			10,806			129,690
Other Comprehensive Income:
Foreign currency translation adjustments		84,455			2,150			86,605
Pension and other postretirement benefit liability adjustments, net of tax		2,289			(414	)		1,875
Unrealized gain (loss) on securities, net of tax		4,853			—			4,853
Unrealized gain on derivatives, net of tax		3,072			836			3,908
Total Other Comprehensive Income, net of tax		94,669			2,572			97,241
Comprehensive Income		213,553			13,378			226,931
Dividends paid		(81,189	)					(81,189	)
Other noncontrolling interest activity		4,156						4,156
Shares repurchased		(17,948	)					(17,948	)
Stock option exercises, net		8,052						8,052
Stock based compensation expense		1,543						1,543
Restricted awards, net		3,884						3,884
Total Equity at February 28, 2011	$	1,211,524		$	95,146		$	1,306,670