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Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2019
May 31, 2019
Current Assets    
Cash and cash equivalents $ 208,173 $ 223,168
Trade accounts receivable (less allowances of $59,824 and $54,748, respectively) 1,047,813 1,232,350
Inventories 883,722 841,873
Prepaid expenses and other current assets 220,557 220,701
Total current assets 2,360,265 2,518,092
Property, Plant and Equipment, at Cost 1,712,511 1,662,859
Allowance for depreciation (890,736) (843,648)
Property, plant and equipment, net 821,775 819,211
Other Assets    
Goodwill 1,259,556 1,245,762
Other intangible assets, net of amortization 595,311 601,082
Operating lease right-of-use assets 284,852  
Deferred income taxes 34,719 34,908
Other 224,520 222,300
Total other assets 2,398,958 2,104,052
Total Assets 5,580,998 5,441,355
Current Liabilities    
Accounts payable 475,288 556,696
Current portion of long-term debt 102,136 552,446
Accrued compensation and benefits 139,403 193,345
Accrued losses 21,646 19,899
Other accrued liabilities 245,595 217,019
Total current liabilities 984,068 1,539,405
Long-Term Liabilities    
Long-term debt, less current maturities 2,421,339 1,973,462
Operating lease liabilities 243,863  
Other long-term liabilities 415,838 405,040
Deferred income taxes 112,590 114,843
Total long-term liabilities 3,193,630 2,493,345
Commitments and contingencies (Note 15)
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 143,021 and outstanding 129,767 as of November 30, 2019; issued 142,439 and outstanding 130,995 as of May 31, 2019 1,298 1,310
Paid-in capital 1,007,554 994,508
Treasury stock, at cost (547,683) (437,290)
Accumulated other comprehensive (loss) (576,707) (577,628)
Retained earnings 1,516,230 1,425,052
Total RPM International Inc. stockholders' equity 1,400,692 1,405,952
Noncontrolling Interest 2,608 2,653
Total equity 1,403,300 1,408,605
Total Liabilities and Stockholders' Equity $ 5,580,998 $ 5,441,355