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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
May 28, 2022
Nov. 27, 2021
Current assets:    
Cash and cash equivalents $ 68,149 $ 61,786
Trade receivables (net of allowances of $12,701 and $9,935, as of May 28, 2022 and November 27, 2021, respectively) 644,544 614,645
Inventories 543,126 448,404
Other current assets 153,187 96,335
Total current assets 1,409,006 1,221,170
Property, plant and equipment 1,527,711 1,500,989
Accumulated depreciation (825,256) (805,622)
Property, plant and equipment, net 702,455 695,367
Goodwill 1,406,369 1,298,845
Other intangibles, net 737,551 687,075
Other assets 365,098 372,073
Total assets 4,620,479 4,274,530
Current liabilities:    
Notes payable 31,867 24,983
Trade payables 507,103 500,321
Accrued compensation 67,991 109,542
Income taxes payable 28,180 15,943
Other accrued expenses 86,842 86,061
Total current liabilities 721,983 736,850
Long-term debt 1,903,977 1,591,479
Accrued pension liabilities 69,820 71,651
Other liabilities 309,945 277,190
Total liabilities 3,005,725 2,677,170
Commitments and contingencies (Note 12)
H.B. Fuller stockholders' equity:    
Preferred stock (no shares outstanding) shares authorized – 10,045,900 0 0
Common stock, par value $1.00 per share, shares authorized – 160,000,000, shares outstanding – 53,153,056 and 52,777,753 as of May 28, 2022 and November 27, 2021, respectively 53,153 52,778
Additional paid-in capital 232,253 213,637
Retained earnings 1,666,969 1,600,601
Accumulated other comprehensive loss (338,228) (270,247)
Total H.B. Fuller stockholders' equity 1,614,147 1,596,769
Non-controlling interest 607 591
Total equity 1,614,754 1,597,360
Total liabilities, non-controlling interest and total equity $ 4,620,479 $ 4,274,530