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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Feb. 29, 2012
May 31, 2011
Current assets:    
Cash and cash equivalents $ 59,294 $ 57,433
Accounts receivable, less allowances of $6,840 and $5,719, respectively 331,478 287,435
Inventories 477,467 363,399
Rotable spares and equipment on or available for short-term lease 134,604 143,875
Deposits, prepaids and other 44,186 38,260
Deferred tax assets 18,360 23,583
Total current assets 1,065,389 913,985
Property, plant and equipment, net of accumulated depreciation of $284,385 and $235,098, respectively 357,139 324,377
Other assets:    
Goodwill and other intangible assets, net 448,371 181,097
Equipment on long-term lease 74,168 93,387
Investment in joint ventures 48,768 48,743
Other 226,458 142,138
Total other assets 797,765 465,365
Total assets 2,220,293 1,703,727
Current liabilities:    
Short-term debt 201,589 100,000
Current maturities of long-term debt 20,072 11,323
Current maturities of non-recourse long-term debt   823
Current maturities of long-term capital lease obligations 85 1,929
Accounts and trade notes payable 194,481 185,096
Accrued liabilities 144,759 116,839
Total current liabilities 560,986 416,010
Long-term debt, less current maturities 599,321 313,981
Non-recourse debt   11,032
Capital lease obligations 106 4,789
Deferred tax liabilities 111,490 98,322
Other liabilities and deferred income 57,071 24,304
Total noncurrent liabilities 767,988 452,428
Equity:    
Preferred stock, $1.00 par value, authorized 250 shares; none issued      
Common stock, $1.00 par value, authorized 100,000 shares; issued 44,896 and 44,986 shares, respectively 44,896 44,986
Capital surplus 421,762 423,805
Retained earnings 531,906 486,130
Treasury stock, 4,608 and 5,205 shares at cost, respectively (91,048) (100,431)
Accumulated other comprehensive loss (17,436) (18,645)
Total AAR shareholders' equity 890,080 835,845
Noncontrolling interest 1,239 (556)
Total equity 891,319 835,289
Total liabilities and equity $ 2,220,293 $ 1,703,727