Equity (Tables)

6 Months Ended

Nov. 30, 2014

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, 2014 and 2013:

(In thousands)	Total RPM International Inc. Equity			Noncontrolling Interest			Total Equity
Total equity at August 31, 2014	$	1,436,234		$	198,134		$	1,634,368
Net income		69,766			4,090			73,856
Other Comprehensive Income:
Foreign currency translation adjustments		(89,462	)		(1,760	)		(91,222	)
Pension and other postretirement benefit liability adjustments, net of tax		4,374			611			4,985
Unrealized (loss) on securities, net of tax		(2,574	)		7			(2,567	)
Unrealized gain on derivatives, net of tax		223			60			283
Total Other Comprehensive Income, net of tax		(87,439	)		(1,082	)		(88,521	)
Comprehensive Income		(17,673	)		3,008			(14,665	)
Dividends paid		(34,776	)					(34,776	)
Other noncontrolling interest activity		51			(51	)		—
Shares repurchased		(1,788	)					(1,788	)
Stock option exercises, net		4,956						4,956
Stock based compensation expense		(3,796	)					(3,796	)
Restricted awards, net		7,179						7,179
Total Equity at November 30, 2014	$	1,390,387		$	201,091		$	1,591,478

(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) gain 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

The following table illustrates the components of total equity and comprehensive income for the six months ended November 30, 2014 and 2013:

(In thousands)	Total RPM International Inc. Equity			Noncontrolling Interest			Total Equity
Total equity at May 31, 2014	$	1,382,844		$	195,750		$	1,578,594
Net income		168,845			9,850			178,695
Other Comprehensive Income:
Foreign currency translation adjustments		(107,200	)		(5,288	)		(112,488	)
Pension and other postretirement benefit liability adjustments, net of tax		7,134			780			7,914
Unrealized (loss) on securities, net of tax		(2,491	)		—			(2,491	)
Unrealized gain on derivatives, net of tax		171			46			217
Total Other Comprehensive (Loss), net of tax		(102,386	)		(4,462	)		(106,848	)
Comprehensive Income		66,459			5,388			71,847
Dividends paid		(66,763	)					(66,763	)
Other noncontrolling interest activity		47			(47	)		—
Shares repurchased		(1,788	)					(1,788	)
Stock option exercises, net		505						505
Stock based compensation expense		1,904						1,904
Restricted awards, net		7,179						7,179
Total Equity at November 30, 2014	$	1,390,387		$	201,091		$	1,591,478

(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