Equity |
NOTE 13 – EQUITY
The following tables illustrate the components of total equity and comprehensive income for the three months ended August 31, 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 |
|
|
112,769 |
|
|
|
625 |
|
|
|
113,394 |
|
Other Comprehensive Income: |
|
|
|
|
|
|
|
|
|
|
|
|
Foreign currency translation adjustments |
|
|
(11,511 |
) |
|
|
|
|
|
|
(11,511 |
) |
Pension and other postretirement benefit liability
adjustments, net of tax |
|
|
5,704 |
|
|
|
|
|
|
|
5,704 |
|
Unrealized gain on securities, net of tax |
|
|
1,604 |
|
|
|
|
|
|
|
1,604 |
|
Total Other Comprehensive Income, net of tax |
|
|
(4,203 |
) |
|
|
- |
|
|
|
(4,203 |
) |
Comprehensive Income |
|
|
108,566 |
|
|
|
625 |
|
|
|
109,191 |
|
Dividends paid |
|
|
(36,529 |
) |
|
|
|
|
|
|
(36,529 |
) |
Other noncontrolling interest activity |
|
|
|
|
|
|
(912 |
) |
|
|
(912 |
) |
Shares repurchased and returned for taxes |
|
|
(17,105 |
) |
|
|
|
|
|
|
(17,105 |
) |
Stock based compensation expense |
|
|
8,171 |
|
|
|
|
|
|
|
8,171 |
|
Total Equity at August 31, 2016 |
|
$ |
1,435,438 |
|
|
$ |
2,126 |
|
|
$ |
1,437,564 |
|
(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) gain on securities, net of tax |
|
|
(7,084 |
) |
|
|
|
|
|
|
(7,084 |
) |
Total Other Comprehensive (Loss), 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 |
|
|