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Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 28, 2021
May 31, 2020
Current Assets    
Cash and cash equivalents $ 249,214 $ 233,416
Trade accounts receivable (less allowances of $52,203 and $55,847, respectively) 998,783 1,137,957
Inventories 913,302 810,448
Prepaid expenses and other current assets 286,274 241,608
Total current assets 2,447,573 2,423,429
Property, Plant and Equipment, at Cost 1,887,807 1,755,190
Allowance for depreciation (985,176) (905,504)
Property, plant and equipment, net 902,631 849,686
Other Assets    
Goodwill 1,310,762 1,250,066
Other intangible assets, net of amortization 612,702 584,380
Operating lease right-of-use assets 292,224 284,491
Deferred income taxes 37,991 30,894
Other 188,502 208,008
Total other assets 2,442,181 2,357,839
Total Assets 5,792,385 5,630,954
Current Liabilities    
Accounts payable 569,002 535,311
Current portion of long-term debt 1,027 80,890
Accrued compensation and benefits 190,167 185,531
Accrued losses 23,457 20,021
Other accrued liabilities 303,852 271,827
Total current liabilities 1,087,505 1,093,580
Long-Term Liabilities    
Long-term debt, less current maturities 2,310,483 2,458,290
Operating lease liabilities 251,563 244,691
Other long-term liabilities 502,724 510,175
Deferred income taxes 90,440 59,555
Total long-term liabilities 3,155,210 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 144,076 and outstanding 129,815 as of February 28, 2021; issued 143,261 and outstanding 129,511 as of May 31, 2020 1,298 1,295
Paid-in capital 1,045,585 1,014,428
Treasury stock, at cost (621,836) (580,117)
Accumulated other comprehensive (loss) (622,937) (717,497)
Retained earnings 1,745,375 1,544,336
Total RPM International Inc. stockholders' equity 1,547,485 1,262,445
Noncontrolling Interest 2,185 2,218
Total equity 1,549,670 1,264,663
Total Liabilities and Stockholders' Equity $ 5,792,385 $ 5,630,954