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)
Exhibit 11.1
(In thousands, except per share amounts)
Six Months Ended Three Months Ended
November 30, November 30,
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2001 2000 2001 2000
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Shares Outstanding
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For computation of basic earnings per
common share
Weighted average shares 102,266 102,195 102,321 102,114
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Total shares for basic earnings
per share 102,266 102,195 102,321 102,114
For computation of diluted earnings
per common share
Net issuable common share equivalents 246 9 507 5
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Total shares for diluted
earnings per share 102,512 102,204 102,828 102,119
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Net Income
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Net income applicable to common shares for
basic earnings per share 61,059 $ 45,718 24,490 $ 16,868
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Net income applicable to common shares for
diluted earnings $ 61,059 $ 45,718 $ 24,490 $ 16,868
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Basic Earnings Per Common Share $ 0.60 $ 0.45 $ 0.24 $ 0.17
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Diluted Earnings Per Common Share $ 0.60 $ 0.45 $ 0.24 $ 0.17
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The accompanying notes to consolidated financial statements are an integral part
of these statements.