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Consolidated Balance Sheet - USD ($)
$ in Thousands
May 31, 2020
May 31, 2019
Current Assets    
Cash and cash equivalents $ 233,416 $ 223,168
Trade accounts receivable (less allowances of $55,847 and $54,748, respectively) 1,137,957 1,232,350
Inventories 810,448 841,873
Prepaid expenses and other current assets 241,608 220,701
Total current assets 2,423,429 2,518,092
Property, Plant and Equipment, at Cost 1,755,190 1,662,859
Allowance for depreciation (905,504) (843,648)
Property, plant and equipment, net 849,686 819,211
Other Assets    
Goodwill 1,250,066 1,245,762
Other intangible assets, net of amortization 584,380 601,082
Operating lease right-of-use assets 284,491  
Deferred income taxes 30,894 34,908
Other 208,008 222,300
Total other assets 2,357,839 2,104,052
Total Assets 5,630,954 5,441,355
Current Liabilities    
Accounts payable 535,311 556,696
Current portion of long-term debt 80,890 552,446
Accrued compensation and benefits 185,531 193,345
Accrued losses 20,021 19,899
Other accrued liabilities 271,827 217,019
Total current liabilities 1,093,580 1,539,405
Long-Term Liabilities    
Long-term debt, less current maturities 2,458,290 1,973,462
Operating lease liabilities 244,691  
Other long-term liabilities 510,175 405,040
Deferred income taxes 59,555 114,843
Total long-term liabilities 3,272,711 2,493,345
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 143,261 and outstanding 129,511 as of May 2020; issued 142,439 and outstanding 130,995 as of May 2019 1,295 1,310
Paid-in capital 1,014,428 994,508
Treasury stock, at cost (580,117) (437,290)
Accumulated other comprehensive (loss) (717,497) (577,628)
Retained earnings 1,544,336 1,425,052
Total RPM International Inc. stockholders' equity 1,262,445 1,405,952
Noncontrolling Interest 2,218 2,653
Total equity 1,264,663 1,408,605
Total Liabilities and Stockholders' Equity $ 5,630,954 $ 5,441,355