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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 01, 2024
Dec. 02, 2023
Current assets:    
Cash and cash equivalents $ 114,823 $ 179,453
Trade receivables (net of allowances of $12,523 and $11,080, as of June 1, 2024 and December 2, 2023, respectively) 571,134 577,932
Inventories 496,085 442,040
Other current assets 109,021 112,678
Total current assets 1,291,063 1,312,103
Property, plant and equipment 1,813,723 1,755,035
Accumulated depreciation (974,875) (930,380)
Property, plant and equipment, net 838,848 824,655
Goodwill 1,578,297 1,486,512
Other intangibles, net 813,063 729,140
Other assets 397,839 371,165
Total assets 4,919,110 4,723,575
Current liabilities    
Notes payable 1,396 1,841
Trade payables 474,095 439,700
Accrued compensation 78,343 95,680
Income taxes payable 46,883 47,688
Other accrued expenses 83,350 107,902
Total current liabilities 684,067 692,811
Long-term debt 2,023,520 1,836,590
Accrued pension liabilities 50,848 50,189
Other liabilities 368,561 388,072
Total liabilities 3,126,996 2,967,662
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 – 54,507,836 and 54,092,987 as of June 1, 2024 and December 2, 2023, respectively 54,508 54,093
Additional paid-in capital 310,458 301,485
Retained earnings 1,901,372 1,842,507
Accumulated other comprehensive loss (474,945) (442,880)
Total H.B. Fuller stockholders' equity 1,791,393 1,755,205
Non-controlling interest 721 708
Total equity 1,792,114 1,755,913
Total liabilities, non-controlling interest and total equity $ 4,919,110 $ 4,723,575