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Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 28, 2019
May 31, 2018
Current Assets    
Cash and cash equivalents $ 195,169 $ 244,422
Trade accounts receivable (less allowances of $54,460 and $46,344, respectively) 961,628 1,113,818
Inventories 916,361 834,461
Prepaid expenses and other current assets 226,553 278,230
Total current assets 2,299,711 2,470,931
Property, Plant and Equipment, at Cost 1,652,071 1,575,875
Allowance for depreciation (850,019) (795,569)
Property, plant and equipment, net 802,052 780,306
Other Assets    
Goodwill 1,262,326 1,192,174
Other intangible assets, net of amortization 620,453 584,272
Deferred income taxes 21,098 21,897
Other 213,796 222,242
Total other assets 2,117,673 2,020,585
Total Assets 5,219,436 5,271,822
Current Liabilities    
Accounts payable 425,170 592,281
Current portion of long-term debt 453,501 3,501
Accrued compensation and benefits 143,160 177,106
Accrued losses 23,424 22,132
Other accrued liabilities 224,956 211,706
Total current liabilities 1,270,211 1,006,726
Long-Term Liabilities    
Long-term debt, less current maturities 2,070,717 2,170,643
Other long-term liabilities 318,969 356,892
Deferred income taxes 117,272 104,023
Total long-term liabilities 2,506,958 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 142,433 and outstanding 131,544 as of February 28, 2019; issued 141,716 and outstanding 133,647 as of May 31, 2018 1,315 1,336
Paid-in capital 984,358 982,067
Treasury stock, at cost (406,367) (236,318)
Accumulated other comprehensive (loss) (477,657) (459,048)
Retained earnings 1,337,545 1,342,736
Total RPM International Inc. stockholders' equity 1,439,194 1,630,773
Noncontrolling Interest 3,073 2,765
Total equity 1,442,267 1,633,538
Total Liabilities and Stockholders' Equity $ 5,219,436 $ 5,271,822