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Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 31, 2018
May 31, 2018
Current Assets    
Cash and cash equivalents $ 202,183 $ 244,422
Trade accounts receivable (less allowances of $55,558 and $46,344, respectively) 1,070,626 1,113,818
Inventories 853,573 834,461
Prepaid expenses and other current assets 306,333 278,230
Total current assets 2,432,715 2,470,931
Property, Plant and Equipment, at Cost 1,589,312 1,575,875
Allowance for depreciation (812,253) (795,569)
Property, plant and equipment, net 777,059 780,306
Other Assets    
Goodwill 1,187,705 1,192,174
Other intangible assets, net of amortization 585,056 584,272
Deferred income taxes 21,953 21,897
Other 218,904 222,242
Total other assets 2,013,618 2,020,585
Total Assets 5,223,392 5,271,822
Current Liabilities    
Accounts payable 500,913 592,281
Current portion of long-term debt 3,376 3,501
Accrued compensation and benefits 119,037 177,106
Accrued losses 30,295 22,132
Other accrued liabilities 224,515 211,706
Total current liabilities 878,136 1,006,726
Long-Term Liabilities    
Long-term debt, less current maturities 2,267,159 2,170,643
Other long-term liabilities 360,074 356,892
Deferred income taxes 104,644 104,023
Total long-term liabilities 2,731,877 2,631,558
Commitments and contingencies (Note 14)
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 142,096 and outstanding 133,408 as of August 31, 2018; issued 141,716 and outstanding 133,647 as of May 31, 2018 1,334 1,336
Paid-in capital 992,086 982,067
Treasury stock, at cost (256,899) (236,318)
Accumulated other comprehensive (loss) (493,026) (459,048)
Retained earnings 1,366,952 1,342,736
Total RPM International Inc. stockholders' equity 1,610,447 1,630,773
Noncontrolling Interest 2,932 2,765
Total equity 1,613,379 1,633,538
Total Liabilities and Stockholders' Equity $ 5,223,392 $ 5,271,822