NOTE 14 — EQUITY

The following tables illustrate the components of total equity and comprehensive income for the three months ended August 31, 2015 and 2014:


(In thousands)	Total RPM International Inc. Equity			Noncontrolling Interest		Total Equity
Total equity at May 31, 2015	$	1,291,392		$	2,073	$	1,293,465
Net income		99,815			547		100,362
Other Comprehensive Income:
Foreign currency translation adjustments		(30,606	)				(30,606	)
Pension and other postretirement benefit liability adjustments, net of tax		4,160					4,160
Unrealized (loss) on securities, net of tax		(7,084	)				(7,084	)

Total Other Comprehensive Income, net of tax		(33,530	)		—		(33,530	)

Comprehensive Income		66,285			547		66,832
Dividends paid		(34,634	)				(34,634	)
Shares repurchased and returned for taxes		(35,348	)				(35,348	)
Stock based compensation expense		6,707					6,707

Total Equity at August 31, 2015	$	1,294,402		$	2,620	$	1,297,022


(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		99,079			5,760			104,839
Other Comprehensive Income:
Foreign currency translation adjustments		(17,738	)		(3,528	)		(21,266	)
Pension and other postretirement benefit liability adjustments, net of tax		2,760			169			2,929
Unrealized (loss) gain on securities, net of tax		83			(7	)		76
Unrealized gain on derivatives, net of tax		(52	)		(14	)		(66	)

Total Other Comprehensive Income, net of tax		(14,947	)		(3,380	)		(18,327	)

Comprehensive Income		84,132			2,380			86,512
Dividends paid		(31,987	)					(31,987	)
Other noncontrolling interest activity		(4	)		4			—
Stock option exercises, net of shares returned for taxes		(4,451	)					(4,451	)
Stock based compensation expense		5,700						5,700

Total Equity at August 31, 2014	$	1,436,234		$	198,134		$	1,634,368