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Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 31, 2023
May 31, 2023
Current Assets    
Cash and cash equivalents $ 240,586 $ 215,787
Trade accounts receivable (less allowances of $56,584 and $49,482, respectively) 1,418,886 1,503,040
Inventories 1,117,441 1,135,496
Prepaid expenses and other current assets 335,065 329,845
Total current assets 3,111,978 3,184,168
Property, Plant and Equipment, at Cost 2,372,532 2,332,916
Allowance for depreciation (1,127,209) (1,093,440)
Property, plant and equipment, net 1,245,323 1,239,476
Other Assets    
Goodwill 1,300,833 1,293,588
Other intangible assets, net of amortization 541,994 554,991
Operating lease right-of-use assets 324,655 329,582
Deferred income taxes 19,907 15,470
Other 170,587 164,729
Total other assets 2,357,976 2,358,360
Total Assets 6,715,277 6,782,004
Current Liabilities    
Accounts payable 684,075 680,938
Current portion of long-term debt 6,885 178,588
Accrued compensation and benefits 170,333 257,328
Accrued losses 28,753 26,470
Other accrued liabilities 378,601 347,477
Total current liabilities 1,268,647 1,490,801
Long-Term Liabilities    
Long-term debt, less current maturities 2,498,426 2,505,221
Operating lease liabilities 279,632 285,524
Other long-term liabilities 287,087 267,111
Deferred income taxes 98,649 90,347
Total long-term liabilities 3,163,794 3,148,203
Contingencies and Accrued Losses (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 145,605 and outstanding 128,962 as of August 31, 2023; issued 145,124 and outstanding 128,766 as of May 31, 2023 1,290 1,288
Paid-in capital 1,133,941 1,124,825
Treasury stock, at cost (812,041) (784,463)
Accumulated other comprehensive (loss) (593,189) (604,935)
Retained earnings 2,551,142 2,404,125
Total RPM International Inc. stockholders' equity 2,281,143 2,140,840
Noncontrolling Interest 1,693 2,160
Total equity 2,282,836 2,143,000
Total Liabilities and Stockholders' Equity $ 6,715,277 $ 6,782,004