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Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 29, 2024
May 31, 2023
Current Assets    
Cash and cash equivalents $ 248,905 $ 215,787
Trade accounts receivable (less allowances of $58,377 and $49,482, respectively) 1,072,032 1,503,040
Inventories 1,080,698 1,135,496
Prepaid expenses and other current assets 344,948 329,845
Total current assets 2,746,583 3,184,168
Property, Plant and Equipment, at Cost 2,459,045 2,332,916
Allowance for depreciation (1,172,164) (1,093,440)
Property, plant and equipment, net 1,286,881 1,239,476
Other Assets    
Goodwill 1,309,744 1,293,588
Other intangible assets, net of amortization 523,677 554,991
Operating lease right-of-use assets 326,998 329,582
Deferred income taxes 17,517 15,470
Other 171,004 164,729
Total other assets 2,348,940 2,358,360
Total Assets 6,382,404 6,782,004
Current Liabilities    
Accounts payable 577,861 680,938
Current portion of long-term debt 6,225 178,588
Accrued compensation and benefits 237,951 257,328
Accrued losses 30,897 26,470
Other accrued liabilities 349,015 347,477
Total current liabilities 1,201,949 1,490,801
Long-Term Liabilities    
Long-term debt, less current maturities 2,187,140 2,505,221
Operating lease liabilities 278,009 285,524
Other long-term liabilities 268,940 267,111
Deferred income taxes 98,153 90,347
Total long-term liabilities 2,832,242 3,148,203
Contingencies and Accrued Losses (Note 16)
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 145,729 and outstanding 128,763 as of February 29, 2024; issued 145,124 and outstanding 128,766 as of May 31, 2023 1,288 1,288
Paid-in capital 1,144,282 1,124,825
Treasury stock, at cost (844,345) (784,463)
Accumulated other comprehensive (loss) (593,729) (604,935)
Retained earnings 2,639,310 2,404,125
Total RPM International Inc. stockholders' equity 2,346,806 2,140,840
Noncontrolling Interest 1,407 2,160
Total equity 2,348,213 2,143,000
Total Liabilities and Stockholders' Equity $ 6,382,404 $ 6,782,004