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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)
THREE MONTHS ENDED AUGUST 31,
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2000 1999
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SHARES OUTSTANDING
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FOR COMPUTATION OF BASIC EARNINGS PER
COMMON SHARE
WEIGHTED AVERAGE SHARES 102,274 109,465
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TOTAL SHARES FOR BASIC EARNINGS
PER SHARE 102,274 109,465
FOR COMPUTATION OF DILUTED EARNINGS
PER COMMON SHARE
NET ISSUABLE COMMON SHARE EQUIVALENTS 15 384
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TOTAL SHARES FOR DILUTED
EARNINGS PER SHARE 102,289 109,849
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NET INCOME
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NET INCOME APPLICABLE TO COMMON SHARES FOR
BASIC EARNINGS PER SHARE $ 28,850 $ 7,264
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NET INCOME APPLICABLE TO COMMON SHARES FOR
DILUTED EARNINGS $ 28,850 $ 7,264
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BASIC EARNINGS PER COMMON SHARE $ .28 $ .07
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DILUTED EARNINGS PER COMMON SHARE $ .28 $ .07
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THE ACCOMPANYING NOTES TO CONSOLIDATED FINANCIAL STATEMENTS ARE AN INTEGRAL PART
OF THESE STATEMENTS.