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EARNINGS PER SHARE (Tables)
12 Months Ended
May 31, 2012
Reconciliation of Numerator and Denominator of Basic and Diluted Earnings Per Share Calculated using Two-Class Method

The following table sets forth the reconciliation of the numerator and denominator of basic and diluted earnings per share, as calculated using the two-class method, for the year ended May 31, 2012, 2011 and 2010:

 

Year Ended May 31,

   2012     2011     2010  
(In thousands, except per share amounts)                   

Numerator for earnings per share:

      

Net income attributable to RPM International Inc. stockholders

   $ 215,936     $ 189,058     $ 180,037  

Less: Allocation of earnings and dividends to participating securities

     (4,024     (3,067     (2,180
  

 

 

   

 

 

   

 

 

 

Net income available to common shareholders — basic

     211,912       185,991       177,857  

Add: Undistributed earnings reallocated to unvested shareholders

     9       7       6  
  

 

 

   

 

 

   

 

 

 

Net income available to common shareholders — diluted

   $ 211,921     $ 185,998     $ 177,863  
  

 

 

   

 

 

   

 

 

 

Denominator for basic and diluted earnings per share:

      

Basic weighted average common shares

     128,130       127,403       127,047  

Average diluted options

     587       663       684  
  

 

 

   

 

 

   

 

 

 

Total shares for diluted earnings per share

     128,717       128,066       127,731  
  

 

 

   

 

 

   

 

 

 

Earnings Per Share of Common Stock Attributable to RPM International Inc. Stockholders:

      

Basic Earnings Per Share of Common Stock

   $ 1.65     $ 1.46     $ 1.40  
  

 

 

   

 

 

   

 

 

 

Diluted Earnings Per Share of Common Stock

   $ 1.65     $ 1.45     $ 1.39