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Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2019
May 31, 2018
Current Assets    
Cash and cash equivalents $ 223,168 $ 244,422
Trade accounts receivable (less allowances of $54,748 and $46,344, respectively) 1,232,350 1,113,818
Inventories 841,873 834,461
Prepaid expenses and other current assets 220,701 278,230
Total current assets 2,518,092 2,470,931
Property, Plant and Equipment, at Cost 1,662,859 1,575,875
Allowance for depreciation (843,648) (795,569)
Property, plant and equipment, net 819,211 780,306
Other Assets    
Goodwill 1,245,762 1,192,174
Other intangible assets, net of amortization 601,082 584,272
Deferred income taxes 34,908 21,897
Other 222,300 222,242
Total other assets 2,104,052 2,020,585
Total Assets 5,441,355 5,271,822
Current Liabilities    
Accounts payable 556,696 592,281
Current portion of long-term debt 552,446 3,501
Accrued compensation and benefits 193,345 177,106
Accrued losses 19,899 22,132
Other accrued liabilities 217,019 211,706
Total current liabilities 1,539,405 1,006,726
Long-Term Liabilities    
Long-term debt, less current maturities 1,973,462 2,170,643
Other long-term liabilities 405,040 356,892
Deferred income taxes 114,843 104,023
Total long-term liabilities 2,493,345 2,631,558
Commitments and contingencies (Note P)
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 142,439 and outstanding 130,995 as of May 2019; issued 141,716 and outstanding 133,647 as of May 2018 1,310 1,336
Paid-in capital 994,508 982,067
Treasury stock, at cost (437,290) (236,318)
Accumulated other comprehensive (loss) (577,628) (459,048)
Retained earnings 1,425,052 1,342,736
Total RPM International Inc. stockholders' equity 1,405,952 1,630,773
Noncontrolling Interest 2,653 2,765
Total equity 1,408,605 1,633,538
Total Liabilities and Stockholders' Equity $ 5,441,355 $ 5,271,822