NOTE 14 – EQUITY

The following tables illustrate the components of total equity and comprehensive income for the three months ended November 30, 2016 and 2015:

(In thousands)	Total RPM International Inc. Equity			Noncontrolling Interest			Total Equity
Total equity at August 31, 2016	$	1,435,438		$	2,126		$	1,437,564
Net income (loss)		(70,926	)		670			(70,256	)
Other Comprehensive Income:
Foreign currency translation adjustments		(51,984	)					(51,984	)
Pension and other postretirement benefit liability adjustments, net of tax		3,590						3,590
Unrealized (loss) on securities, net of tax		(895	)					(895	)
Total Other Comprehensive (Loss), net of tax		(49,289	)		-			(49,289	)
Comprehensive Income (Loss)		(120,215	)		670			(119,545	)
Dividends paid		(40,075	)					(40,075	)
Other noncontrolling interest activity					(894	)		(894	)
Shares repurchased and returned for taxes		(2,558	)					(2,558	)
Stock based compensation expense		8,842						8,842
Total Equity at November 30, 2016	$	1,281,432		$	1,902		$	1,283,334

(In thousands)	Total RPM International Inc. Equity			Noncontrolling Interest			Total Equity
Total equity at August 31, 2015	$	1,294,402		$	2,620		$	1,297,022
Net income		83,433			716			84,149
Other Comprehensive Income:
Foreign currency translation adjustments		(53,814	)					(53,814	)
Pension and other postretirement benefit liability adjustments, net of tax		3,640						3,640
Unrealized gain on securities, net of tax		369						369
Total Other Comprehensive (Loss), net of tax		(49,805	)		-			(49,805	)
Comprehensive Income		33,628			716			34,344
Dividends paid		(36,642	)					(36,642	)
Other noncontrolling interest activity					(1,373	)		(1,373	)
Shares repurchased and returned for taxes		(9,944	)					(9,944	)
Stock based compensation expense		8,817						8,817
Total Equity at November 30, 2015	$	1,290,261		$	1,963		$	1,292,224

The following tables illustrate the components of total equity and comprehensive income for the six months ended November 30, 2016 and 2015:

(In thousands)	Total RPM International Inc. Equity			Noncontrolling Interest			Total Equity
Total equity at May 31, 2016	$	1,372,335		$	2,413		$	1,374,748
Net income		41,843			1,295			43,138
Other Comprehensive Income:
Foreign currency translation adjustments		(63,495	)					(63,495	)
Pension and other postretirement benefit liability adjustments, net of tax		9,294						9,294
Unrealized gain on securities, net of tax		709						709
Total Other Comprehensive (Loss), net of tax		(53,492	)		-			(53,492	)
Comprehensive Income (Loss)		(11,649	)		1,295			(10,354	)
Dividends paid		(76,604	)					(76,604	)
Other noncontrolling interest activity					(1,806	)		(1,806	)
Shares repurchased and returned for taxes		(19,663	)					(19,663	)
Stock based compensation expense		17,013						17,013
Total Equity at November 30, 2016	$	1,281,432		$	1,902		$	1,283,334

(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		183,248			1,263			184,511
Other Comprehensive Income:
Foreign currency translation adjustments		(84,420	)					(84,420	)
Pension and other postretirement benefit liability adjustments, net of tax		7,800						7,800
Unrealized (loss) on securities, net of tax		(6,715	)					(6,715	)
Total Other Comprehensive (Loss), net of tax		(83,335	)		-			(83,335	)
Comprehensive Income		99,913			1,263			101,176
Dividends paid		(71,276	)					(71,276	)
Other noncontrolling interest activity					(1,373	)		(1,373	)
Shares repurchased and returned for taxes		(45,292	)					(45,292	)
Stock based compensation expense		15,524						15,524
Total Equity at November 30, 2015	$	1,290,261		$	1,963		$	1,292,224