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Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2021
May 31, 2021
Current Assets    
Cash and cash equivalents $ 192,851 $ 246,704
Trade accounts receivable (less allowances of $50,932 and $55,922, respectively) 1,173,494 1,280,806
Inventories 1,040,923 938,095
Prepaid expenses and other current assets 352,153 316,399
Total current assets 2,759,421 2,782,004
Property, Plant and Equipment, at Cost 2,035,005 1,967,482
Allowance for depreciation (1,011,928) (1,002,300)
Property, plant and equipment, net 1,023,077 965,182
Other Assets    
Goodwill 1,338,465 1,345,754
Other intangible assets, net of amortization 611,427 628,693
Operating lease right-of-use assets 302,701 300,827
Deferred income taxes 23,368 26,804
Other 196,440 203,705
Total other assets 2,472,401 2,505,783
Total Assets 6,254,899 6,252,969
Current Liabilities    
Accounts payable 655,502 717,176
Current portion of long-term debt 302,719 1,282
Accrued compensation and benefits 180,549 258,380
Accrued losses 25,283 29,054
Other accrued liabilities 319,536 325,522
Total current liabilities 1,483,589 1,331,414
Long-Term Liabilities    
Long-term debt, less current maturities 2,163,274 2,378,544
Operating lease liabilities 259,962 257,415
Other long-term liabilities 404,548 436,176
Deferred income taxes 105,770 106,395
Total long-term liabilities 2,933,554 3,178,530
Commitments and contingencies (Note 14)
Stockholders' Equity    
Preferred stock, par value $0.01; authorized 50,000 shares; none issued
Common stock, par value $0.01; authorized 300,000 shares; issued 144,666 and outstanding 129,677 as of November 30, 2021; issued 144,199 and outstanding 129,573 as of May 31, 2021 1,297 1,295
Paid-in capital 1,073,039 1,055,400
Treasury stock, at cost (675,471) (653,006)
Accumulated other comprehensive (loss) (573,745) (514,884)
Retained earnings 2,010,991 1,852,259
Total RPM International Inc. stockholders' equity 1,836,111 1,741,064
Noncontrolling Interest 1,645 1,961
Total equity 1,837,756 1,743,025
Total Liabilities and Stockholders' Equity $ 6,254,899 $ 6,252,969