Earnings Per Share

3 Months Ended

Aug. 31, 2013

Earnings Per Share

NOTE 9 — EARNINGS PER SHARE

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 three month periods ended August 31, 2013 and 2012:

	Three Months Ended August 31,
(In thousands, except per share amounts)	2013			2012
Numerator for earnings per share:
Net income attributable to RPM International Inc. stockholders	$	103,098		$	33,913
Less: Allocation of earnings and dividends to participating securities		(2,285	)		(642	)
Net income available to common shareholders — basic		100,813			33,271
Add: Undistributed earnings reallocated to unvested shareholders		12			1
Net income available to common shareholders — diluted	$	100,825		$	33,272
Denominator for basic and diluted earnings per share:
Basic weighted average common shares		129,344			128,805
Average diluted options		950			765
Total shares for diluted earnings per share		130,294			129,570
Earnings Per Share of Common Stock Attributable to RPM International Inc. Stockholders:
Basic	$	0.78		$	0.26
Diluted (1)	$	0.77		$	0.26

(1) For the quarters ended August 31, 2013 and 2012, approximately 3,097,000 and 2,954,000 shares of stock, respectively, granted under stock-based compensation plans were excluded from the calculation of diluted earnings per share, as the effect would have been anti-dilutive.