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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Nov. 30, 2012
May 31, 2012
Current assets:    
Cash and cash equivalents $ 32,889 $ 41,028
Receivables, less allowances of $4,139 and $3,329 at November 30, 2012 and May 31, 2012 334,912 400,869
Inventories:    
Raw materials 180,690 211,543
Work in process 89,766 115,510
Finished products 87,768 74,887
Total inventories 358,224 401,940
Income taxes receivable 6,869 892
Assets held for sale 3,697 7,202
Deferred income taxes 19,963 20,906
Prepaid expenses and other current assets 38,560 41,402
Total current assets 795,114 914,239
Investments in unconsolidated affiliates 252,347 240,882
Goodwill 179,837 156,681
Other intangible assets, net of accumulated amortization of $20,546 and $16,103 at November 30, 2012 and May 31, 2012 114,807 100,333
Other assets 18,649 22,585
Property, plant and equipment, net 460,081 443,077
Total assets 1,820,835 1,877,797
Current liabilities:    
Accounts payable 218,971 252,334
Short-term borrowings 43,978 274,923
Accrued compensation, contributions to employee benefit plans and related taxes 52,903 71,271
Dividends payable 9,541 8,478
Other accrued items 34,446 38,231
Income taxes payable 1,802 11,697
Current maturities of long-term debt 1,183 1,329
Total current liabilities 362,824 658,263
Other liabilities 72,994 72,371
Distributions in excess of investment in unconsolidated affiliate 64,966 69,165
Long-term debt 406,811 257,462
Deferred income taxes 90,764 73,099
Total liabilities 998,359 1,130,360
Shareholders' equity - controlling interest 776,146 697,174
Noncontrolling interest 46,330 50,263
Total equity 822,476 747,437
Total liabilities and equity $ 1,820,835 $ 1,877,797