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Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Aug. 31, 2013
May 31, 2013
Current assets:    
Cash $ 90.9 $ 75.3
Accounts receivable, less allowances of $7.8 and $8.7, respectively 285.7 297.4
Inventories 473.3 453.7
Rotable spares and equipment on or available for short-term lease 122.6 129.2
Deposits, prepaids and other 60.5 60.1
Deferred tax assets 18.0 18.0
Total current assets 1,051.0 1,033.7
Property, plant and equipment, net of accumulated depreciation of $374.0 and $354.5, respectively 351.2 361.7
Other assets:    
Goodwill 257.0 255.6
Intangible assets, net of accumulated depreciation of $27.8 and $25.1, respectively 157.7 157.8
Equipment on long-term lease 64.5 64.7
Capitalized program development costs 109.3 124.9
Investment in joint ventures 31.1 31.8
Other 107.4 106.7
Total other assets 727.0 741.5
Total assets 2,129.2 2,136.9
Current liabilities:    
Current maturities of long-term debt 86.8 86.4
Accounts payable 148.2 149.3
Accrued liabilities 128.4 153.3
Total current liabilities 363.4 389.0
Long-term debt, less current maturities 615.4 622.2
Deferred tax liabilities 146.8 138.2
Other liabilities and deferred income 64.2 68.0
Total noncurrent liabilities 826.4 828.4
Equity:    
Preferred stock, $1.00 par value, authorized 250,000 shares; none issued      
Common stock, $1.00 par value, authorized 100,000,000 shares; issued 44,689,937 and 44,691,437 shares at cost, respectively 44.7 44.7
Capital surplus 429.3 431.6
Retained earnings 599.8 584.9
Treasury stock, 5,107,851 and 5,309,252 shares at cost, respectively (96.9) (100.1)
Accumulated other comprehensive loss (38.6) (42.5)
Total AAR stockholders' equity 938.3 918.6
Noncontrolling interest 1.1 0.9
Total equity 939.4 919.5
Total liabilities and equity $ 2,129.2 $ 2,136.9