XML 15 R4.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 02, 2023
Dec. 03, 2022
Current assets:    
Cash and cash equivalents $ 94,934 $ 79,910
Trade receivables (net of allowances of $12,458 and $10,939, as of September 2, 2023 and December 3, 2022, respectively) 576,060 607,365
Inventories 472,641 491,781
Other current assets 97,756 120,319
Total current assets 1,241,391 1,299,375
Property, plant and equipment 1,709,191 1,579,738
Accumulated depreciation (907,895) (846,071)
Property, plant and equipment, net 801,296 733,667
Goodwill 1,490,535 1,392,627
Other intangibles, net 746,521 702,092
Other assets 380,165 335,868
Total assets 4,659,908 4,463,629
Current liabilities    
Notes payable 12,553 28,860
Trade payables 394,914 460,669
Accrued compensation 75,035 108,328
Income taxes payable 33,007 18,530
Other accrued expenses 102,837 89,345
Total current liabilities 618,346 705,732
Long-term debt 1,872,468 1,736,256
Accrued pension liabilities 54,661 52,561
Other liabilities 387,307 358,286
Total liabilities 2,932,782 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 – 54,016,374 and 53,676,576 as of September 2, 2023 and December 3, 2022, respectively 54,016 53,677
Additional paid-in capital 294,035 266,491
Retained earnings 1,808,687 1,741,359
Accumulated other comprehensive loss (430,295) (451,357)
Total H.B. Fuller stockholders' equity 1,726,443 1,610,170
Non-controlling interest 683 624
Total equity 1,727,126 1,610,794
Total liabilities, non-controlling interest and total equity $ 4,659,908 $ 4,463,629