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Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2020
May 31, 2020
Current Assets    
Cash and cash equivalents $ 272,945 $ 233,416
Trade accounts receivable (less allowances of $53,542 and $55,847, respectively) 1,081,841 1,137,957
Inventories 829,617 810,448
Prepaid expenses and other current assets 268,029 241,608
Total current assets 2,452,432 2,423,429
Property, Plant and Equipment, at Cost 1,851,794 1,755,190
Allowance for depreciation (962,395) (905,504)
Property, plant and equipment, net 889,399 849,686
Other Assets    
Goodwill 1,300,777 1,250,066
Other intangible assets, net of amortization 620,399 584,380
Operating lease right-of-use assets 297,695 284,491
Deferred income taxes 37,154 30,894
Other 192,352 208,008
Total other assets 2,448,377 2,357,839
Total Assets 5,790,208 5,630,954
Current Liabilities    
Accounts payable 540,678 535,311
Current portion of long-term debt 75,709 80,890
Accrued compensation and benefits 161,515 185,531
Accrued losses 23,717 20,021
Other accrued liabilities 331,074 271,827
Total current liabilities 1,132,693 1,093,580
Long-Term Liabilities    
Long-term debt, less current maturities 2,224,627 2,458,290
Operating lease liabilities 256,045 244,691
Other long-term liabilities 560,749 510,175
Deferred income taxes 65,651 59,555
Total long-term liabilities 3,107,072 3,272,711
Commitments and contingencies (Note 13)
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 144,056 and outstanding 130,106 as of November 30, 2020; issued 143,261 and outstanding 129,511 as of May 31, 2020 1,301 1,295
Paid-in capital 1,035,539 1,014,428
Treasury stock, at cost (595,851) (580,117)
Accumulated other comprehensive (loss) (649,819) (717,497)
Retained earnings 1,756,571 1,544,336
Total RPM International Inc. stockholders' equity 1,547,741 1,262,445
Noncontrolling Interest 2,702 2,218
Total equity 1,550,443 1,264,663
Total Liabilities and Stockholders' Equity $ 5,790,208 $ 5,630,954