Equity (Tables)

6 Months Ended

Nov. 30, 2013

Components of Total Equity and Comprehensive Income

The following tables illustrate the components of total equity and comprehensive income for the three months ended November 30, 2013 and 2012:

(In thousands)	Total RPM International Inc. Equity			Noncontrolling Interest			Total Equity
Total equity at August 31, 2013	$	1,261,684		$	162,043		$	1,423,727
Net income		63,562			4,852			68,414
Other Comprehensive Income:
Foreign currency translation adjustments		19,409			4,796			24,205
Pension and other postretirement benefit liability adjustments, net of tax		2,200			11			2,211
Unrealized (loss) on securities, net of tax		6,341			60			6,401
Unrealized gain on derivatives, net of tax		(782	)		(212	)		(994	)
Total Other Comprehensive Income, net of tax		27,168			4,655			31,823
Comprehensive Income		90,730			9,507			100,237
Dividends paid		(31,960	)					(31,960	)
Other noncontrolling interest activity		(88	)		88			—
Shares repurchased		(3,201	)					(3,201	)
Stock option exercises, net		261						261
Stock based compensation expense		773						773
Restricted awards, net		4,023						4,023
Total Equity at November 30, 2013	$	1,322,222		$	171,638		$	1,493,860

(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 gain 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		(975	)		—			(975	)
Shares repurchased		(1,094	)					(1,094	)
Stock option exercises, net		1,762						1,762
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

The following table illustrates the components of total equity and comprehensive income for the six months ended November 30, 2013 and 2012:

(In thousands)	Total RPM International Inc. Equity			Noncontrolling Interest			Total Equity
Total equity at May 31, 2013	$	1,200,858		$	154,075		$	1,354,933
Net income		166,660			8,643			175,303
Other Comprehensive Income:
Foreign currency translation adjustments		2,338			8,453			10,791
Pension and other postretirement benefit liability adjustments, net of tax		4,961			174			5,135
Unrealized gain (loss) on securities, net of tax		4,909			53			4,962
Unrealized (loss) on derivatives, net of tax		(696	)		(189	)		(885	)
Total Other Comprehensive Income, net of tax		11,512			8,491			20,003
Comprehensive Income		178,172			17,134			195,306
Dividends paid		(61,796	)					(61,796	)
Other noncontrolling interest activity		(429	)		429			—
Shares repurchased		(6,867	)					(6,867	)
Stock option exercises, net		2,662						2,662
Stock based compensation expense		1,482						1,482
Restricted awards, net		8,140						8,140
Total Equity at November 30, 2013	$	1,322,222		$	171,638		$	1,493,860

(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 gain 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