EX-11.1 2 l09867aexv11w1.txt EXHIBIT 11.1 EXHIBIT 11.1 RPM INTERNATIONAL INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPUTATIONS OF EARNINGS PER SHARE AND SHARE EQUIVALENTS (Unaudited) (In thousands, except per share amounts)
Three Months Ended August 31, ----------------------------- 2004 2003 -------- -------- SHARES OUTSTANDING FOR COMPUTATION OF BASIC EARNINGS PER SHARE OF COMMON STOCK WEIGHTED AVERAGE SHARES 116,163 115,557 -------- -------- TOTAL SHARES FOR BASIC EARNINGS PER SHARE 116,163 115,557 FOR COMPUTATION OF DILUTED EARNINGS PER SHARE OF COMMON STOCK NET ISSUABLE COMMON SHARE EQUIVALENTS 915 676 -------- -------- TOTAL SHARES FOR DILUTED EARNINGS PER SHARE 117,078 116,233 ======== ======== NET INCOME NET INCOME APPLICABLE TO SHARES OF COMMON STOCK FOR BASIC EARNINGS PER SHARE $ 54,486 $ 47,672 -------- -------- NET INCOME APPLICABLE TO SHARES OF COMMON STOCK FOR DILUTED EARNINGS PER SHARE $ 54,486 $ 47,672 ======== ======== BASIC EARNINGS PER SHARE $ 0.47 $ 0.41 ======== ======== DILUTED EARNINGS PER SHARE $ 0.47 $ 0.41 ======== ========
THE ACCOMPANYING NOTES TO CONSOLIDATED FINANCIAL STATEMENTS ARE AN INTEGRAL PART OF THESE STATEMENTS.