EQUITY

6 Months Ended

Nov. 30, 2012

EQUITY

NOTE 17 — EQUITY

The following tables illustrate the components of total equity and comprehensive income for the three months ended November 30, 2012 and 2011:

(In thousands)	Total RPM International Inc. Equity			Noncontrolling Interest			Total Equity
Total equity at August 31, 2012	$	1,226,240		$	143,360		$	1,369,600
Net income		41,668			4,419			46,087
Other Comprehensive Income:
Foreign currency translation adjustments		(3,659	)		1,623			(2,036	)
Pension and other postretirement benefit liability adjustments, net of tax		3,242			136			3,378
Unrealized gain (loss) on securities, net of tax		1,865			211			2,076
Unrealized (loss) on derivatives, net of tax		(585	)		(159	)		(744	)
Total Other Comprehensive Income, net of tax		863			1,811			2,674
Comprehensive Income		42,531			6,230			48,761
Dividends paid		(29,773	)					(29,773	)
Other noncontrolling interest activity		(973	)					(973	)
Shares repurchased		(835	)					(835	)
Stock option exercises, net		1,501						1,501
Stock based compensation expense		623						623
Restricted awards, net		3,638						3,638
Total Equity at November 30, 2012	$	1,242,952		$	149,590		$	1,392,542

(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		(5,728	)					(5,728	)
Stock option exercises, net		1,975						1,975
Stock based compensation expense		3,567						3,567
Total Equity at November 30, 2011	$	1,255,094		$	132,933		$	1,388,027

The following table illustrates the components of total equity and comprehensive income for the six months ended November 30, 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		75,581			8,373			83,954
Other Comprehensive Income:
Foreign currency translation adjustments		25,005			12,189			37,194
Pension and other postretirement benefit liability adjustments, net of tax		4,776			(192	)		4,584
Unrealized gain (loss) on securities, net of tax		2,690			(966	)		1,724
Unrealized (loss) on derivatives, net of tax		(416	)		(141	)		(557	)
Total Other Comprehensive Income, net of tax		32,055			10,890			42,945
Comprehensive Income		107,636			19,263			126,899
Dividends paid		(58,054	)					(58,054	)
Other noncontrolling interest activity		309						309
Shares repurchased		(1,094	)					(1,094	)
Stock option exercises, net		2,365						2,365
Stock based compensation expense		1,211						1,211
Restricted awards, net		6,923						6,923
Total Equity at November 30, 2012	$	1,242,952		$	149,590		$	1,392,542

(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 noncontrolling interest activity		(1,993	)					(1,993	)
Shares repurchased		(5,998	)					(5,998	)
Stock option exercises, net		3,181						3,181
Stock based compensation expense		6,692						6,692
Total Equity at November 30, 2011	$	1,255,094		$	132,933		$	1,388,027