The following is a summary of the quarterly results of operations for the years ended May 31, 2018 and 2017:

	For Quarter Ended
(In thousands, except per share amounts)	August 31		November 30			February 28		May 31 ^(a)
2018
Net Sales	$	1,345,394	$	1,315,416		$	1,102,677	$	1,558,156
Gross Profit	$	572,008	$	551,015		$	439,493	$	618,696
Net Income Attributable to
RPM International Inc. Stockholders	$	116,416	$	95,463		$	40,227	$	85,664
Basic Earnings Per Share	$	0.87	$	0.72		$	0.30	$	0.65
Diluted Earnings Per Share	$	0.86	$	0.70		$	0.30	$	0.63
Dividends Per Share	$	0.300	$	0.320		$	0.320	$	0.320

(In thousands, except per share amounts)	August 31		November 30 ^(b)			February 28		May 31
2017
Net Sales	$	1,252,063	$	1,190,770		$	1,022,496	$	1,492,846
Gross Profit	$	552,042	$	521,681		$	428,573	$	663,392
Net Income Attributable to
RPM International Inc. Stockholders	$	112,769	$	(70,926	)	$	11,928	$	128,052
Basic Earnings Per Share	$	0.85	$	(0.54	)	$	0.09	$	0.96
Diluted Earnings Per Share	$	0.83	$	(0.54	)	$	0.09	$	0.94
Dividends Per Share	$	0.275	$	0.300		$	0.300	$	0.300

(a)

Reflects inventory-related charges of $36.5 million in our consumer reportable segment for product line rationalization and related obsolete inventory identification and $1.2 million in inventory reductions related to restructuring activities in our industrial reportable segment. Additional restructuring charges totaling $17.5 million were incurred during the fourth quarter of fiscal 2018, as further described in Note B, “Restructuring.” We also incurred charges in our industrial segment totaling $4.2 million in connection with the decision to exit Flowcrete China.

(b)

Reflects the pretax goodwill and intangible asset impairment losses of $188.3 million related to our Kirker reporting unit. Refer to Note C, “Goodwill and Other Intangible Assets,” for further information. Also reflects $12.3 million pretax charge relating to the Flowcrete decision to exit the Middle East and $15.0 million in severance expense across all three reportable segments.