Attached files

file filename
EX-32.2 - EX-32.2 - RPM INTERNATIONAL INC/DE/rpm-ex322_8.htm
EX-32.1 - EX-32.1 - RPM INTERNATIONAL INC/DE/rpm-ex321_9.htm
EX-31.2 - EX-31.2 - RPM INTERNATIONAL INC/DE/rpm-ex312_7.htm
EX-31.1 - EX-31.1 - RPM INTERNATIONAL INC/DE/rpm-ex311_10.htm
10-Q - 10-Q - RPM INTERNATIONAL INC/DE/rpm-10q_20180831.htm

 

Exhibit No. 12

RPM

RATIO OF EARNINGS TO FIXED CHARGES

Periods Ended May 31, 2014 through May 31, 2018 and August 31, 2018

 

 

 

 

 

Three Months Ended

 

 

Year Ended May 31,

 

 

 

 

 

 

August 31, 2018

 

 

2018

 

 

2017

 

 

2016

 

 

2015

 

 

2014

 

Ratio of Earnings to Fixed Charges 1

 

 

4.09

 

 

 

4.31

 

 

 

3.08

 

 

 

5.36

 

 

 

5.29

 

 

 

5.34

 

 

1 Calculated as follows:

 

(income before income taxes) + (fixed charges)

 

(fixed charges)

 

Fixed charges consist of interest expense, amortized expenses related to debt and an estimate of the interest portion of rental expense.

 

 

 

 

 

Three Months Ended

 

 

Year Ended May 31,

 

(All numbers in thousands)

 

August 31, 2018

 

 

2018

 

 

2017

 

 

2016

 

 

2015

 

 

2014

 

Income before income tax

 

 

91,938

 

 

 

417,048

 

 

 

244,333

 

 

 

483,466

 

 

 

453,253

 

 

 

424,487

 

Fixed charges

 

 

29,713

 

 

 

125,979

 

 

 

117,387

 

 

 

110,851

 

 

 

105,549

 

 

 

97,918

 

Total

 

 

121,651

 

 

 

543,027

 

 

 

361,720

 

 

 

594,317

 

 

 

558,802

 

 

 

522,405