Consolidated Balance Sheets - USD ($) $ in Thousands	Nov. 30, 2016	May 31, 2016
Current assets:
Cash and cash equivalents	$ 175,180	$ 84,188
Receivables, less allowances of $3,499 and $4,579 at November 30, 2016 and May 31, 2016, respectively	429,011	439,688
Inventories:
Raw materials	168,586	162,427
Work in process	85,933	86,892
Finished products	83,339	70,016
Total inventories	337,858	319,335
Income taxes receivable	7,997	10,535
Assets held for sale	10,050	10,079
Prepaid expenses and other current assets	47,385	51,290
Total current assets	1,007,481	915,115
Investments in unconsolidated affiliates	203,508	191,826
Goodwill	243,918	246,067
Other intangible assets, net of accumulated amortization of $56,220 and $49,532 at November 30, 2016 and May 31, 2016, respectively	88,588	96,164
Other assets	27,914	29,254
Property, plant and equipment:
Land	18,397	18,537
Buildings and improvements	257,950	256,973
Machinery and equipment	973,941	945,951
Construction in progress	34,732	48,156
Total property, plant and equipment	1,285,020	1,269,617
Less: accumulated depreciation	713,705	686,779
Total property, plant and equipment, net	571,315	582,838
Total assets	2,142,724	2,061,264
Current liabilities:
Accounts payable	278,192	290,432
Short-term borrowings	497	2,651
Accrued compensation, contributions to employee benefit plans and related taxes	65,308	75,105
Dividends payable	14,182	13,471
Other accrued items	41,815	45,056
Income taxes payable	3,364	2,501
Current maturities of long-term debt	873	862
Total current liabilities	404,231	430,078
Other liabilities	63,910	63,487
Distributions in excess of investment in unconsolidated affiliate	67,516	52,983
Long-term debt	576,038	577,491
Deferred income taxes, net	20,267	17,379
Total liabilities	1,131,962	1,141,418
Shareholders' equity-controlling interest	884,940	793,371
Noncontrolling interests	125,822	126,475
Total equity	1,010,762	919,846
Total liabilities and equity	$ 2,142,724	$ 2,061,264