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Equity (Tables)
3 Months Ended
Aug. 31, 2015
Components of Total Equity and Comprehensive Income

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