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Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 28, 2023
May 31, 2022
Current Assets    
Cash and cash equivalents $ 193,870 $ 201,672
Trade accounts receivable (less allowances of $47,322 and $46,669, respectively) 1,203,212 1,432,632
Inventories 1,341,303 1,212,618
Prepaid expenses and other current assets 340,990 304,887
Total current assets 3,079,375 3,151,809
Property, Plant and Equipment, at Cost 2,237,743 2,132,915
Allowance for depreciation (1,071,722) (1,028,932)
Property, plant and equipment, net 1,166,021 1,103,983
Other Assets    
Goodwill 1,288,071 1,337,868
Other intangible assets, net of amortization 562,732 592,261
Operating lease right-of-use assets 327,179 307,797
Deferred income taxes 17,023 18,914
Other 169,022 195,074
Total other assets 2,364,027 2,451,914
Total Assets 6,609,423 6,707,706
Current Liabilities    
Accounts payable 577,761 800,369
Current portion of long-term debt 3,130 603,454
Accrued compensation and benefits 204,542 262,445
Accrued losses 22,101 24,508
Other accrued liabilities 311,974 325,632
Total current liabilities 1,119,508 2,016,408
Long-Term Liabilities    
Long-term debt, less current maturities 2,819,432 2,083,155
Operating lease liabilities 283,981 265,139
Other long-term liabilities 239,046 276,990
Deferred income taxes 92,474 82,186
Total long-term liabilities 3,434,933 2,707,470
Contingencies and Accrued Losses (Note 15)
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 144,100 and outstanding 128,933 as of February 28, 2023; issued 144,685 and outstanding 129,199 as of May 31, 2022 1,289 1,292
Paid-in capital 1,119,786 1,096,147
Treasury stock, at cost (769,933) (717,019)
Accumulated other comprehensive (loss) (604,821) (537,337)
Retained earnings 2,306,836 2,139,346
Total RPM International Inc. stockholders' equity 2,053,157 1,982,429
Noncontrolling Interest 1,825 1,399
Total equity 2,054,982 1,983,828
Total Liabilities and Stockholders' Equity $ 6,609,423 $ 6,707,706