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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Aug. 31, 2013
May 31, 2013
Current assets:    
Cash and cash equivalents $ 121,049 $ 51,385
Receivables, less allowances of $4,379 and $3,408 at August 31, 2013 and May 31, 2013 439,365 394,327
Inventories:    
Raw materials 181,850 175,093
Work in process 103,471 103,861
Finished products 91,336 77,814
Total inventories 376,657 356,768
Income taxes receivable 2,378 724
Assets held for sale 3,309 3,040
Deferred income taxes 23,055 21,928
Prepaid expenses and other current assets 44,429 38,711
Total current assets 1,010,242 866,883
Investments in unconsolidated affiliates 184,449 246,125
Goodwill 213,649 213,858
Other intangible assets, net of accumulated amortization of $26,572 and $26,669 at August 31, 2013 and May 31, 2013 163,363 147,144
Other assets 17,488 17,417
Property, plant & equipment:    
Property, plant & equipment at cost 1,106,893 1,052,636
Less: accumulated depreciation 603,024 593,206
Total property, plant and equipment, net 503,869 459,430
Total assets 2,093,060 1,950,857
Current liabilities:    
Accounts payable 311,204 222,696
Short-term borrowings 62,187 113,728
Accrued compensation, contributions to employee benefit plans and related taxes 59,552 68,043
Dividends payable 11,012 551
Other accrued items 38,723 36,536
Income taxes payable 20,531 6,268
Current maturities of long-term debt 1,099 1,092
Total current liabilities 504,308 448,914
Other liabilities 65,079 70,882
Distributions in excess of investment in unconsolidated affiliate 61,745 63,187
Long-term debt 405,948 406,236
Deferred income taxes 85,592 89,401
Total liabilities 1,122,672 1,078,620
Shareholders' equity - controlling interest 857,588 830,822
Noncontrolling interest 112,800 41,415
Total equity 970,388 872,237
Total liabilities and equity $ 2,093,060 $ 1,950,857