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
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(In thousands, except per share amounts)
NINE MONTHS ENDED THREE MONTHS ENDED
FEBRUARY 28, FEBRUARY 28,
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2002 2001 2002 2001
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Shares Outstanding
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For computation of basic earnings per
common share
Weighted average shares 102,346 102,199 102,508 102,209
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Total shares for basic earnings
per share 102,346 102,199 102,508 102,209
For computation of diluted earnings
per common share
Net issuable common share equivalents 511 9 1,212 7
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Total shares for diluted
earnings per share 102,857 102,208 103,720 102,216
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Net Income
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Net income (loss) applicable to common
shares for basic earnings per share $ 64,333 $ 38,700 $ 3,274 $ (7,018)
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Net income (loss) applicable to common
shares for diluted earnings $ 64,333 $ 38,700 $ 3,274 $ (7,018)
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Basic Earnings (Loss) Per Common Share $ 0.63 $ 0.38 $ 0.03 $ (0.07)
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Diluted Earnings (Loss) Per Common Share $ 0.63 $ 0.38 $ 0.03 $ (0.07)
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The accompanying notes to consolidated financial statements are an integral part
of these statements.