sparkfun/SparkFun-Eagle-Libraries — pull request #52 by Igorshp (2014-05-27 20:13:44+00:00)
Title: Changed pin connections on RGB Rotary Encoder.

The pins were reversed (as if looking from wrong side onto schematic).

http://dlnmh9ip6v2uc.cloudfront.net/datasheets/Components/Switches/EC12PLRGBSDVBF-D-25K-24-24C-6108-6H.pdf

Also confirmed in first comment(member 333036) on product page:
https://www.sparkfun.com/products/10982

Thanks!