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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 02, 2023
Dec. 03, 2022
Current assets:    
Cash and cash equivalents $ 179,453 $ 79,910
Trade receivables, net 577,932 607,365
Inventories 442,040 491,781
Other current assets 112,678 120,319
Total current assets 1,312,103 1,299,375
Property, plant and equipment, net 824,655 733,667
Goodwill 1,486,512 1,392,627
Other intangibles, net 729,140 702,092
Other assets 371,165 335,868
Total assets [1] 4,723,575 4,463,629
Current liabilities:    
Notes payable 1,841 28,860
Trade payables 439,700 460,669
Accrued compensation 95,680 108,328
Income taxes payable 47,688 18,530
Other accrued expenses 107,902 89,345
Total current liabilities 692,811 705,732
Long-term debt, net of current maturities 1,836,590 1,736,256
Accrued pension liabilities 50,189 52,561
Other liabilities 388,072 358,286
Total liabilities 2,967,662 2,852,835
Commitments and contingencies (Note 14)
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 – 54,092,987 and 53,676,576 for 2023 and 2022, respectively 54,093 53,677
Additional paid-in capital 301,485 266,491
Retained earnings 1,842,507 1,741,359
Accumulated other comprehensive loss (442,880) (451,357)
Total H.B. Fuller stockholders' equity 1,755,205 1,610,170
Non-controlling interest 708 624
Total equity 1,755,913 1,610,794
Total liabilities, non-controlling interest and total equity $ 4,723,575 $ 4,463,629
[1] Segment assets include primarily inventory, accounts receivable, property, plant and equipment, goodwill, intangible assets and other miscellaneous assets. Corporate assets include primarily corporate property, plant and equipment, deferred tax assets, certain investments and other assets.