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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 04, 2023
Dec. 03, 2022
Current assets:    
Cash and cash equivalents $ 125,482 $ 79,910
Trade receivables (net of allowances of $11,121 and $10,939, as of March 4, 2023 and December 3, 2022, respectively) 566,358 607,365
Inventories 526,041 491,781
Other current assets 123,034 120,319
Total current assets 1,340,915 1,299,375
Property, plant and equipment 1,623,489 1,579,738
Accumulated depreciation (866,468) (846,071)
Property, plant and equipment, net 757,021 733,667
Goodwill 1,391,057 1,392,627
Other intangibles, net 697,104 702,092
Other assets 349,639 335,868
Total assets 4,535,736 4,463,629
Current liabilities    
Notes payable 28,208 28,860
Trade payables 450,203 460,669
Accrued compensation 51,920 108,328
Income taxes payable 16,348 18,530
Other accrued expenses 96,497 89,345
Total current liabilities 643,176 705,732
Long-term debt 1,845,281 1,736,256
Accrued pension liabilities 53,742 52,561
Other liabilities 359,410 358,286
Total liabilities 2,901,609 2,852,835
Commitments and contingencies (Note 13)
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 – 53,818,698 and 53,676,576 as of March 4, 2023 and December 3, 2022, respectively 53,819 53,677
Additional paid-in capital 272,820 266,491
Retained earnings 1,752,943 1,741,359
Accumulated other comprehensive loss (446,116) (451,357)
Total H.B. Fuller stockholders' equity 1,633,466 1,610,170
Non-controlling interest 661 624
Total equity 1,634,127 1,610,794
Total liabilities, non-controlling interest and total equity $ 4,535,736 $ 4,463,629