Equity

9 Months Ended

Feb. 28, 2013

Equity

NOTE 17 — EQUITY

The following tables illustrate the components of total equity and comprehensive income for the three months ended February 28, 2013 and February 29, 2012:

(In thousands)	Total RPM International Inc. Equity			Noncontrolling Interest			Total Equity
	(Restated)						(Restated)
Total equity at November 30, 2012	$	1,224,960		$	149,590		$	1,374,550
Net income (loss)		(24,364	)		164			(24,200	)
Other Comprehensive Income:
Foreign currency translation adjustments		(19,401	)		(537	)		(19,938	)
Pension and other postretirement benefit liability adjustments, net of tax		4,736			542			5,278
Unrealized gain (loss) on securities, net of tax		(1,626	)		914			(712	)
Unrealized (loss) on derivatives, net of tax		238			90			328
Total Other Comprehensive Income, net of tax		(16,053	)		1,009			(15,044	)
Comprehensive Income		(40,417	)		1,173			(39,244	)
Dividends paid		(29,778	)					(29,778	)
Other noncontrolling interest activity		(152	)					(152	)
Shares repurchased		(1,235	)					(1,235	)
Stock option exercises, net		1,384						1,384
Stock based compensation expense		583						583
Restricted awards, net		3,637						3,637
Total Equity at February 28, 2013	$	1,158,982		$	150,763		$	1,309,745

(In thousands)	Total RPM International Inc. Equity			Noncontrolling Interest			Total Equity
Total equity at November 30, 2011	$	1,255,094		$	132,933		$	1,388,027
Net income		6,625			1,299			7,924
Other Comprehensive Income:
Foreign currency translation adjustments		24,083			(1,826	)		22,257
Pension and other postretirement benefit liability adjustments, net of tax		983			(112	)		871
Unrealized gain (loss) on securities, net of tax		3,592			(1,118	)		2,474
Unrealized gain on derivatives, net of tax		(623	)		(170	)		(793	)
Total Other Comprehensive Income, net of tax		28,035			(3,226	)		24,809
Comprehensive Income		34,660			(1,927	)		32,733
Dividends paid		(28,251	)					(28,251	)
Other noncontrolling interest activity		1,118						1,118
Stock option exercises, net		2,970						2,970
Stock based compensation expense		3,182						3,182
Restricted awards, net		(575	)					(575	)
Total Equity at February 29, 2012	$	1,268,198		$	131,006		$	1,399,204

The following table illustrates the components of total equity and comprehensive income for the nine months ended February 28, 2013 and February 29, 2012:

(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		33,225			8,537			41,762
Other Comprehensive Income:
Foreign currency translation adjustments		5,604			11,652			17,256
Pension and other postretirement benefit liability adjustments, net of tax		9,512			350			9,862
Unrealized gain (loss) on securities, net of tax		1,064			(52	)		1,012
Unrealized (loss) on derivatives, net of tax		(178	)		(51	)		(229	)
Total Other Comprehensive Income, net of tax		16,002			11,899			27,901
Comprehensive Income		49,227			20,436			69,663
Dividends paid		(87,832	)					(87,832	)
Other noncontrolling interest activity		157						157
Shares repurchased		(2,329	)					(2,329	)
Stock option exercises, net		3,749						3,749
Stock based compensation expense		1,794						1,794
Restricted awards, net		10,560						10,560
Total Equity at February 28, 2013	$	1,158,982		$	150,763		$	1,309,745

(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		133,367			11,816			145,183
Other Comprehensive Income:
Foreign currency translation adjustments		(45,821	)		(5,339	)		(51,160	)
Pension and other postretirement benefit liability adjustments, net of tax		5,823			447			6,270
Unrealized gain (loss) on securities, net of tax		(9,374	)		876			(8,498	)
Unrealized gain on derivatives, net of tax		(3,667	)		(998	)		(4,665	)
Total Other Comprehensive Income, net of tax		(53,039	)		(5,014	)		(58,053	)
Comprehensive Income		80,328			6,802			87,130
Dividends paid		(83,871	)					(83,871	)
Other noncontrolling interest activity		(875	)					(875	)
Shares repurchased		(3,008	)					(3,008	)
Stock option exercises, net		6,151						6,151
Stock based compensation expense		9,874						9,874
Restricted awards, net		(3,565	)					(3,565	)
Total Equity at February 29, 2012	$	1,268,198		$	131,006		$	1,399,204