RPM, INC. AND SUBSIDIARIES 17
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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)
EXHIBIT 11.1
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(In thousands, except per share amounts)
THREE MONTHS ENDED AUGUST 31,
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2001 2000
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SHARES OUTSTANDING
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For computation of basic earnings per
common share
Weighted average shares 102,211 102,274
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Total shares for basic earnings
per share 102,211 102,274
For computation of diluted earnings
per common share
Net issuable common share equivalents 26 15
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Total shares for diluted
earnings per share 102,237 102,289
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NET INCOME
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Net income applicable to common shares for
basic earnings per share $ 36,569 $ 28,850
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Net income applicable to common shares for
diluted earnings $ 36,569 $ 28,850
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Basic Earnings Per Common Share $ .36 $ .28
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Diluted Earnings Per Common Share $ .36 $ .28
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The accompanying notes to consolidated financial statements are an integral
part of these statements.