XML 9 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 28, 2025
May 31, 2024
Current Assets    
Cash and cash equivalents $ 241,895 $ 237,379
Trade accounts receivable (less allowances of $48,908 and $48,763, respectively) 1,105,085 1,419,445
Inventories 1,044,776 956,465
Prepaid expenses and other current assets 367,197 282,059
Total current assets 2,758,953 2,895,348
Property, Plant and Equipment, at Cost 2,629,810 2,515,847
Allowance for depreciation (1,236,755) (1,184,784)
Property, plant and equipment, net 1,393,055 1,331,063
Other Assets    
Goodwill 1,358,632 1,308,911
Other intangible assets, net of amortization 510,385 512,972
Operating lease right-of-use assets 346,221 331,555
Deferred income taxes 34,368 33,522
Other 217,961 173,172
Total other assets 2,467,567 2,360,132
Total Assets 6,619,575 6,586,543
Current Liabilities    
Accounts payable 640,446 649,650
Current portion of long-term debt 7,057 136,213
Accrued compensation and benefits 215,643 297,249
Accrued losses 33,568 32,518
Other accrued liabilities 346,747 350,434
Total current liabilities 1,243,461 1,466,064
Long-Term Liabilities    
Long-term debt, less current maturities 2,090,182 1,990,935
Operating lease liabilities 296,861 281,281
Other long-term liabilities 224,270 214,816
Deferred income taxes 89,019 121,222
Total long-term liabilities 2,700,332 2,608,254
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 146,225 and outstanding 128,423 as of February 28, 2025; issued 145,779 and outstanding 128,629 as of May 31, 2024 1,284 1,286
Paid-in capital 1,172,247 1,150,751
Treasury stock, at cost (934,470) (864,502)
Accumulated other comprehensive (loss) (598,290) (537,290)
Retained earnings 3,033,505 2,760,639
Total RPM International Inc. stockholders' equity 2,674,276 2,510,884
Noncontrolling Interest 1,506 1,341
Total equity 2,675,782 2,512,225
Total Liabilities and Stockholders' Equity $ 6,619,575 $ 6,586,543