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EQUITY
3 Months Ended
Aug. 31, 2012
EQUITY

NOTE 17 — EQUITY

The following tables illustrate the components of total equity and comprehensive income for the quarters ended August 31, 2012 and 2011:

 

(In thousands)

   Total RPM
International
Inc. Equity
    Noncontrolling
Interest
    Total Equity  

Total equity at May 31, 2012

   $ 1,183,656     $ 130,327     $ 1,313,983  

Net income

     33,913       3,954       37,867  

Other Comprehensive Income:

      

Foreign currency translation adjustments

     28,664       10,566       39,230  

Pension and other postretirement benefit liability adjustments,
net of tax

     1,534       (328 )      1,206  

Unrealized gain (loss) on securities, net of tax

     825       (1,177 )      (352 ) 

Unrealized gain on derivatives, net of tax

     169       18       187  
  

 

 

   

 

 

   

 

 

 

Total Other Comprehensive Income, net of tax

     31,192       9,079       40,271  
  

 

 

   

 

 

   

 

 

 

Comprehensive Income

     65,105       13,033       78,138  

Dividends paid

     (28,281 )        (28,281 ) 

Other

     1,284         1,284  

Stock option exercises, net

     603         603  

Stock based compensation expense

     588         588  

Restricted awards, net

     3,285         3,285  
  

 

 

   

 

 

   

 

 

 

Total Equity at August 31, 2012

   $ 1,226,240     $ 143,360     $ 1,369,600  
  

 

 

   

 

 

   

 

 

 

 

(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

     76,811       6,529       83,340  

Other Comprehensive Income:

      

Foreign currency translation adjustments

     (9,433 )      329       (9,104 ) 

Pension and other postretirement benefit liability adjustments,
net of tax

     2,041       177       2,218  

Unrealized gain (loss) on securities, net of tax

     (3,643 )      390       (3,253 ) 

Unrealized gain on derivatives, net of tax

     (848 )      (231 )      (1,079 ) 
  

 

 

   

 

 

   

 

 

 

Total Other Comprehensive Income, net of tax

     (11,883 )      665       (11,218 ) 
  

 

 

   

 

 

   

 

 

 

Comprehensive Income

     64,928       7,194       72,122  

Dividends paid

     (27,424 )        (27,424 ) 

Other noncontrolling interest activity

     (390 )        (390 ) 

Shares repurchased

     (206 )        (206 ) 

Stock option exercises, net

     1,206         1,206  

Stock based compensation expense

     3,125         3,125  

Restricted awards, net

     (64 )        (64 ) 
  

 

 

   

 

 

   

 

 

 

Total Equity at August 31, 2011

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