XML 76 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 31, 2019
May 31, 2019
Current Assets    
Cash and cash equivalents $ 212,091 $ 223,168
Trade accounts receivable (less allowances of $57,185 and $54,748, respectively) 1,109,259 1,232,350
Inventories 860,518 841,873
Prepaid expenses and other current assets 234,401 220,701
Total current assets 2,416,269 2,518,092
Property, Plant and Equipment, at Cost 1,674,713 1,662,859
Allowance for depreciation (861,697) (843,648)
Property, plant and equipment, net 813,016 819,211
Other Assets    
Goodwill 1,249,818 1,245,762
Other intangible assets, net of amortization 601,747 601,082
Operating lease right-of-use assets 257,628  
Deferred income taxes 36,335 34,908
Other 221,612 222,300
Total other assets 2,367,140 2,104,052
Total Assets 5,596,425 5,441,355
Current Liabilities    
Accounts payable 477,050 556,696
Current portion of long-term debt 582,611 552,446
Accrued compensation and benefits 119,349 193,345
Accrued losses 20,142 19,899
Other accrued liabilities 297,420 217,019
Total current liabilities 1,496,572 1,539,405
Long-Term Liabilities    
Long-term debt, less current maturities 2,018,185 1,973,462
Operating lease liabilities 215,131  
Other long-term liabilities 407,285 405,040
Deferred income taxes 113,227 114,843
Total long-term liabilities 2,753,828 2,493,345
Commitments and contingencies (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 142,865 and outstanding 129,670 as of August 31, 2019; issued 142,439 and outstanding 130,995 as of May 31, 2019 1,297 1,310
Paid-in capital 1,001,081 994,508
Treasury stock, at cost (543,650) (437,290)
Accumulated other comprehensive (loss) (601,253) (577,628)
Retained earnings 1,485,917 1,425,052
Total RPM International Inc. stockholders' equity 1,343,392 1,405,952
Noncontrolling Interest 2,633 2,653
Total equity 1,346,025 1,408,605
Total Liabilities and Stockholders' Equity $ 5,596,425 $ 5,441,355