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Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 29, 2020
May 31, 2019
Current Assets    
Cash and cash equivalents $ 212,242 $ 223,168
Trade accounts receivable (less allowances of $58,492 and $54,748, respectively) 948,351 1,232,350
Inventories 914,197 841,873
Prepaid expenses and other current assets 240,678 220,701
Total current assets 2,315,468 2,518,092
Property, Plant and Equipment, at Cost 1,731,101 1,662,859
Allowance for depreciation (900,368) (843,648)
Property, plant and equipment, net 830,733 819,211
Other Assets    
Goodwill 1,265,237 1,245,762
Other intangible assets, net of amortization 597,018 601,082
Operating lease right-of-use assets 289,654  
Deferred income taxes 36,601 34,908
Other 231,159 222,300
Total other assets 2,419,669 2,104,052
Total Assets 5,565,870 5,441,355
Current Liabilities    
Accounts payable 475,613 556,696
Current portion of long-term debt 71,234 552,446
Accrued compensation and benefits 154,129 193,345
Accrued losses 22,831 19,899
Other accrued liabilities 238,324 217,019
Total current liabilities 962,131 1,539,405
Long-Term Liabilities    
Long-term debt, less current maturities 2,488,529 1,973,462
Operating lease liabilities 247,685  
Other long-term liabilities 391,677 405,040
Deferred income taxes 122,499 114,843
Total long-term liabilities 3,250,390 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 143,220 and outstanding 129,879 as of February 29, 2020; issued 142,439 and outstanding 130,995 as of May 31, 2019 1,299 1,310
Paid-in capital 1,013,561 994,508
Treasury stock, at cost (553,663) (437,290)
Accumulated other comprehensive (loss) (592,024) (577,628)
Retained earnings 1,481,339 1,425,052
Total RPM International Inc. stockholders' equity 1,350,512 1,405,952
Noncontrolling Interest 2,837 2,653
Total equity 1,353,349 1,408,605
Total Liabilities and Stockholders' Equity $ 5,565,870 $ 5,441,355