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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
May 31, 2025
Nov. 30, 2024
Current assets:    
Cash and cash equivalents $ 96,785 $ 169,352
Trade receivables (net of allowances of $10,978 and $11,621, as of May 31, 2025 and November 30, 2024, respectively) 584,026 558,336
Inventories 495,588 467,498
Other current assets 118,176 104,019
Total current assets 1,294,575 1,299,205
Property, plant and equipment 1,861,936 1,864,558
Accumulated depreciation (994,409) (982,631)
Property, plant and equipment, net 867,527 881,927
Goodwill 1,670,078 1,532,221
Other intangibles, net 847,699 770,226
Other assets 452,578 449,665
Total assets 5,132,457 4,933,244
Current liabilities    
Notes payable 0 587
Accounts Payable, Current 481,957 491,435
Accrued compensation 85,008 106,005
Income taxes payable 27,672 24,225
Other accrued expenses 97,490 97,038
Total current liabilities 692,127 719,290
Long-term debt 2,112,428 2,010,052
Accrued pension liabilities 55,017 51,755
Other Liabilities, Noncurrent 396,900 322,299
Total liabilities 3,256,472 3,103,396
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 – 53,952,793 and 54,657,103 as of May 31, 2025 and November 30, 2024, respectively 53,953 54,657
Additional paid-in capital 278,513 322,636
Retained earnings 1,954,785 1,924,761
Accumulated other comprehensive loss (412,553) (473,395)
Total H.B. Fuller stockholders' equity 1,874,698 1,828,659
Non-controlling interest 1,287 1,189
Total equity 1,875,985 1,829,848
Total liabilities, non-controlling interest and total equity $ 5,132,457 $ 4,933,244