CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Nov. 30, 2014	May 31, 2014
Current assets:
Cash and cash equivalents	$ 96,537	$ 190,079
Receivables, less allowances of $2,997 and $3,043 at November 30, 2014 and May 31, 2014, respectively	491,687	493,127
Inventories:
Raw materials	236,126	213,173
Work in process	118,796	105,872
Finished products	99,853	90,957
Total inventories	454,775	410,002
Income taxes receivable	13,757	5,438
Assets held for sale	28,264	32,235
Deferred income taxes	23,064	24,272
Prepaid expenses and other current assets	46,310	43,769
Total current assets	1,154,394	1,198,922
Investments in unconsolidated affiliates	194,686	179,113
Goodwill	283,418	251,093
Other intangible assets, net of accumulated amortization of $45,500 and $35,506 at November 30, 2014 and May 31, 2014	150,534	145,993
Other assets	22,450	22,399
Property, plant & equipment:
Land	15,238	15,260
Buildings and improvements	218,801	213,848
Machinery and equipment	853,219	848,889
Construction in progress	43,115	32,135
Total property, plant & equipment	1,130,373	1,110,132
Less: accumulated depreciation	628,464	611,271
Property, plant and equipment, net	501,909	498,861
Total assets	2,307,391	2,296,381
Current liabilities:
Accounts payable	324,886	333,744
Short-term borrowings	10,769	10,362
Accrued compensation, contributions to employee benefit plans and related taxes	62,985	78,514
Dividends payable	13,010	11,044
Other accrued items	60,961	49,873
Income taxes payable	4,396	4,953
Current maturities of long-term debt	101,140	101,173
Total current liabilities	578,147	589,663
Other liabilities	62,297	76,426
Distributions in excess of investment in unconsolidated affiliate	59,576	59,287
Long-term debt	573,734	554,790
Deferred income taxes	62,629	71,333
Total liabilities	1,336,383	1,351,499
Shareholders' equity - controlling interest	872,502	850,812
Noncontrolling interest	98,506	94,070
Total equity	971,008	944,882
Total liabilities and equity	$ 2,307,391	$ 2,296,381