1
Exhibit 11.1
RPM, INC. AND SUBSIDIARIES
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CONSOLIDATED STATEMENTS OF COMPUTATIONS OF EARNINGS
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PER COMMON SHARE AND COMMON SHARE EQUIVALENTS
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(Unaudited)
(In thousands, except per share amounts)
Six Months Ended Three Months Ended
November 30, November 30,
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2000 1999 2000 1999
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Shares Outstanding
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For computation of basic earnings per
common share
Weighted average shares 102,195 108,871 102,114 108,270
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Total shares for basic earnings
per share 102,195 108,871 102,114 108,270
For computation of diluted earnings
per common share
Net issuable common share equivalents 9 273 5 155
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Total shares for diluted
earnings per share 102,204 109,144 102,119 108,425
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Net Income
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Net income applicable to common shares for
basic earnings per share $ 45,718 $ 27,628 $ 16,868 $ 20,364
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Net income applicable to common shares for
diluted earnings $ 45,718 $ 27,628 $ 16,868 $ 20,364
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Basic Earnings Per Common Share $ .45 $ .25 $ .17 $ .19
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Diluted Earnings Per Common Share $ .45 $ .25 $ .17 $ .19
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The accompanying notes to consolidated financial statements are an integral part
of these statements.