RPM International Inc. reported unaudited consolidated earnings results for the second quarter and six months ended November 30, 2012. For the quarter, the company reported net income attributable to the company stockholders of $41,668,000 or $0.31 per basic and diluted share on net sales of $1,017,426,000 compared to net income attributable to the company stockholders of $49,931,000 or $0.38 per basic and diluted share on net sales of $916,085,000 for the same period a year ago. Income before income taxes was $71,042,000 compared to $76,170,000 a year ago. Net income was $46,087,000 compared to $53,919,000 a year ago. Adjusted net income attributable to the company's stockholders was $52,487,000 or $0.40 per basic and diluted share on adjusted net sales of $1,017,426,000 against adjusted net income attributable to the company's stockholders of $44,721,000 or $0.34 per basic and diluted share on adjusted net sales of $916,085,000 a year ago. Adjusted income before income tax was $81,861,000 and adjusted net income was $90,379,000 against adjusted income before tax of $70,960,000 and adjusted net income of $48,709,000 a year ago.

For the six months, the company reported net income attributable to the company stockholders of $75,581,000 or $0.57 per diluted share on net sales of $2,064,140,000 compared to net income attributable to the company stockholders of $49,931,000 or $0.97 per diluted share on net sales of $1,902,003,000 for the same period a year ago. Income before income taxes was $143,104,000 compared to $194,874,000 a year ago. Net income was $137,259,000 compared to $56,906,000 a year ago. Adjusted net income attributable to the company's stockholders was $137,306,000 or $1.04 per diluted share on adjusted net sales of $2,067,018,000 against adjusted net income attributable to the company's stockholders of $121,532,000 or $0.93 per diluted share on adjusted net sales of $1,902,003,000 a year ago. Adjusted income before income tax was $210,203,000 and adjusted net income was $147,285,000 against adjusted income before tax of $189,664,000 and adjusted net income of $10,517,000 a year ago. For the first half of fiscal 2013, cash from operations was $127.6 million compared to $110.0 million a year ago. Capital expenditures of $30.8 million compare to depreciation of $27.6 million during the first half of this fiscal year. EBIT was up 7.1% to $240.2 million from $224.3 million a year ago.

The one-time adjustment in the fiscal 2013 second quarter was a non-cash charge of $10.8 million, or $0.09 per diluted share in corporate/other, for the write-down of RPM's remaining equity investment in Kemrock Industries and Exports Ltd., due to continued deteriorating economic conditions in India, where Kemrock is based, and the resulting impact on Kemrock's operating performance and stock price.

The company expect weaker results for the seasonally difficult fiscal third quarter ending February 28, 2013.

The company anticipate a strong fiscal 2013 fourth quarter.

The company anticipated sales growth of 8% to 10% and growth in diluted earnings per share of 9% to 12%, which equates to an EPS range of $1.80 to $1.85, on an as adjusted basis.