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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 03, 2023
Dec. 03, 2022
Current assets:    
Cash and cash equivalents $ 103,183 $ 79,910
Trade receivables (net of allowances of $11,512 and $10,939, as of June 3, 2023 and December 3, 2022, respectively) 586,609 607,365
Inventories 499,275 491,781
Other current assets 128,885 120,319
Total current assets 1,317,952 1,299,375
Property, plant and equipment 1,673,871 1,579,738
Accumulated depreciation (886,459) (846,071)
Property, plant and equipment, net 787,412 733,667
Goodwill 1,441,414 1,392,627
Other intangibles, net 721,564 702,092
Other assets 349,705 335,868
Total assets 4,618,047 4,463,629
Current liabilities    
Notes payable 30,307 28,860
Trade payables 436,376 460,669
Accrued compensation 66,749 108,328
Income taxes payable 28,229 18,530
Other accrued expenses 99,171 89,345
Total current liabilities 660,832 705,732
Long-term debt 1,852,036 1,736,256
Accrued pension liabilities 53,546 52,561
Other liabilities 368,476 358,286
Total liabilities 2,934,890 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 – 53,859,908 and 53,676,576 as of June 3, 2023 and December 3, 2022, respectively 53,860 53,677
Additional paid-in capital 280,120 266,491
Retained earnings 1,782,215 1,741,359
Accumulated other comprehensive loss (433,705) (451,357)
Total H.B. Fuller stockholders' equity 1,682,490 1,610,170
Non-controlling interest 667 624
Total equity 1,683,157 1,610,794
Total liabilities, non-controlling interest and total equity $ 4,618,047 $ 4,463,629