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Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 31, 2022
May 31, 2022
Current Assets    
Cash and cash equivalents $ 197,574 $ 201,672
Trade accounts receivable (less allowances of $46,775 and $46,669, respectively) 1,407,866 1,432,632
Inventories 1,339,954 1,212,618
Prepaid expenses and other current assets 342,294 304,887
Total current assets 3,287,688 3,151,809
Property, Plant and Equipment, at Cost 2,135,573 2,132,915
Allowance for depreciation (1,036,199) (1,028,932)
Property, plant and equipment, net 1,099,374 1,103,983
Other Assets    
Goodwill 1,333,066 1,337,868
Other intangible assets, net of amortization 586,204 592,261
Operating lease right-of-use assets 296,101 307,797
Deferred income taxes 16,450 18,914
Other 184,105 195,074
Total other assets 2,415,926 2,451,914
Total Assets 6,802,988 6,707,706
Current Liabilities    
Accounts payable 785,984 800,369
Current portion of long-term debt 303,387 603,454
Accrued compensation and benefits 165,796 262,445
Accrued losses 26,160 24,508
Other accrued liabilities 367,920 325,632
Total current liabilities 1,649,247 2,016,408
Long-Term Liabilities    
Long-term debt, less current maturities 2,534,108 2,083,155
Operating lease liabilities 255,625 265,139
Other long-term liabilities 285,634 276,990
Deferred income taxes 80,772 82,186
Total long-term liabilities 3,156,139 2,707,470
Commitments and contingencies (Note 13)
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 145,079 and outstanding 129,099 as of August 31, 2022; issued 144,685 and outstanding 129,199 as of May 31, 2022 1,291 1,292
Paid-in capital 1,105,211 1,096,147
Treasury stock, at cost (754,477) (717,019)
Accumulated other comprehensive (loss) (612,905) (537,337)
Retained earnings 2,256,939 2,139,346
Total RPM International Inc. stockholders' equity 1,996,059 1,982,429
Noncontrolling Interest 1,543 1,399
Total equity 1,997,602 1,983,828
Total Liabilities and Stockholders' Equity $ 6,802,988 $ 6,707,706