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Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Nov. 30, 2013
May 31, 2013
Current assets:    
Cash $ 98.5 $ 75.3
Accounts receivable, less allowances of $8.1 and $8.7, respectively 319.8 297.4
Inventories 463.8 453.7
Rotable spares and equipment on or available for short-term lease 122.7 129.2
Deposits, prepaids and other 59.7 60.1
Deferred tax assets 18.0 18.0
Total current assets 1,082.5 1,033.7
Property, plant and equipment, net of accumulated depreciation of $396.7 and $354.5, respectively 344.4 361.7
Other assets:    
Goodwill 260.7 255.6
Intangible assets, net of accumulated amortization of $30.9 and $25.1, respectively 159.2 157.8
Equipment on long-term lease 61.9 64.7
Capitalized program development costs 111.2 124.9
Investment in joint ventures 31.1 31.8
Other 104.9 106.7
Total other assets 729.0 741.5
Total assets 2,155.9 2,136.9
Current liabilities:    
Current maturities of long-term debt 87.3 86.4
Accounts payable 144.5 149.3
Accrued liabilities 141.1 153.3
Total current liabilities 372.9 389.0
Long-term debt, less current maturities 593.5 622.2
Deferred tax liabilities 153.5 138.2
Other liabilities and deferred income 68.8 68.0
Total noncurrent liabilities 815.8 828.4
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 44,681,304 and 44,691,437 shares at cost, respectively 44.7 44.7
Capital surplus 431.6 431.6
Retained earnings 616.8 584.9
Treasury stock, 5,080,918 and 5,309,252 shares at cost, respectively (97.0) (100.1)
Accumulated other comprehensive loss (29.9) (42.5)
Total AAR stockholders' equity 966.2 918.6
Noncontrolling interest 1.0 0.9
Total equity 967.2 919.5
Total liabilities and equity $ 2,155.9 $ 2,136.9