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Consolidated Balance Sheet - USD ($)
$ in Thousands
May 31, 2021
May 31, 2020
Current Assets    
Cash and cash equivalents $ 246,704 $ 233,416
Trade accounts receivable (less allowances of $55,922 and $55,847, respectively) 1,280,806 1,137,957
Inventories 938,095 810,448
Prepaid expenses and other current assets 316,399 241,608
Total current assets 2,782,004 2,423,429
Property, Plant and Equipment, at Cost 1,967,482 1,755,190
Allowance for depreciation (1,002,300) (905,504)
Property, plant and equipment, net 965,182 849,686
Other Assets    
Goodwill 1,345,754 1,250,066
Other intangible assets, net of amortization 628,693 584,380
Operating lease right-of-use assets 300,827 284,491
Deferred income taxes 26,804 30,894
Other 203,705 208,008
Total other assets 2,505,783 2,357,839
Total Assets 6,252,969 5,630,954
Current Liabilities    
Accounts payable 717,176 535,311
Current portion of long-term debt 1,282 80,890
Accrued compensation and benefits 258,380 185,531
Accrued losses 29,054 20,021
Other accrued liabilities 325,522 271,827
Total current liabilities 1,331,414 1,093,580
Long-Term Liabilities    
Long-term debt, less current maturities 2,378,544 2,458,290
Operating lease liabilities 257,415 244,691
Other long-term liabilities 436,176 510,175
Deferred income taxes 106,395 59,555
Total long-term liabilities 3,178,530 3,272,711
Contingencies and Accrued Losses (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 144,199 and outstanding 129,573 as of May 2021; issued 143,261 and outstanding 129,511 as of May 2020 1,295 1,295
Paid-in capital 1,055,400 1,014,428
Treasury stock, at cost (653,006) (580,117)
Accumulated other comprehensive (loss) (514,884) (717,497)
Retained earnings 1,852,259 1,544,336
Total RPM International Inc. stockholders' equity 1,741,064 1,262,445
Noncontrolling Interest 1,961 2,218
Total equity 1,743,025 1,264,663
Total Liabilities and Stockholders' Equity $ 6,252,969 $ 5,630,954