XML 42 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Feb. 28, 2013
May 31, 2012
Current assets:    
Cash and cash equivalents $ 37,359 $ 41,028
Receivables, less allowances of $3,978 and $3,329 at February 28, 2013 and May 31, 2012 376,534 400,869
Inventories:    
Raw materials 184,033 211,543
Work in process 102,782 115,510
Finished products 86,567 74,887
Total inventories 373,382 401,940
Income taxes receivable 15,127 892
Assets held for sale 3,040 7,202
Deferred income taxes 20,176 20,906
Prepaid expenses and other current assets 37,962 41,402
Total current assets 863,580 914,239
Investments in unconsolidated affiliates 256,262 240,882
Goodwill 179,662 156,681
Other intangible assets, net of accumulated amortization of $23,141 and $16,103 at February 28, 2013 and May 31, 2012 112,183 100,333
Other assets 18,855 22,585
Property, plant and equipment, net 454,640 443,077
Total assets 1,885,182 1,877,797
Current liabilities:    
Accounts payable 245,862 252,334
Short-term borrowings 30,588 274,923
Accrued compensation, contributions to employee benefit plans and related taxes 62,986 71,271
Dividends payable 674 8,478
Other accrued items 36,763 38,231
Income taxes payable 2,725 11,697
Current maturities of long-term debt 1,111 1,329
Total current liabilities 380,709 658,263
Other liabilities 72,562 72,371
Distributions in excess of investment in unconsolidated affiliate 64,128 69,165
Long-term debt 406,523 257,462
Deferred income taxes 100,465 73,099
Total liabilities 1,024,387 1,130,360
Shareholders' equity - controlling interest 816,875 697,174
Noncontrolling interest 43,920 50,263
Total equity 860,795 747,437
Total liabilities and equity $ 1,885,182 $ 1,877,797