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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Nov. 30, 2019
Jun. 01, 2019
Current Assets:    
Cash and cash equivalents $ 177.0 $ 159.2
Short-term investments 9.0 8.8
Accounts receivable, net of allowances of $3.8 and $3.8 208.9 218.0
Unbilled accounts receivable 35.7 34.3
Inventories, net 184.4 184.2
Prepaid expenses 37.7 45.8
Other current assets 14.1 11.0
Total current assets 666.8 661.3
Property and equipment, at cost 1,106.3 1,084.7
Less — accumulated depreciation (766.5) (736.1)
Net property and equipment 339.8 348.6
Right of use assets 232.5 0.0
Goodwill 363.9 303.8
Indefinite-lived intangibles 82.5 78.1
Other amortizable intangibles, net of accumulated amortization of $49.8 and $46.2 69.9 41.1
Other noncurrent assets 122.6 136.4
Total Assets 1,878.0 1,569.3
Current Liabilities:    
Accounts payable 166.7 177.7
Accrued compensation and benefits 82.4 85.5
Accrued warranty 54.6 53.1
Customer deposits 33.7 30.7
Other accrued liabilities 144.0 99.1
Total current liabilities 481.4 446.1
Long-term debt 275.0 281.9
Pension and post-retirement benefits 24.0 24.5
Lease liabilities 198.1 0.0
Other liabilities 54.9 77.0
Total Liabilities 1,033.4 829.5
Redeemable noncontrolling interests 0.0 20.6
Stockholders' Equity:    
Preferred stock, no par value (10,000,000 shares authorized, none issued) 0.0 0.0
Common stock, $0.20 par value (240,000,000 shares authorized, 59,075,241 and 58,794,148 shares issued and outstanding in 2020 and 2019, respectively) 11.8 11.7
Additional paid-in capital 100.4 89.8
Retained earnings 826.7 712.7
Accumulated other comprehensive loss (93.7) (94.2)
Deferred compensation plan (0.6) (0.8)
Total Stockholders' Equity 844.6 719.2
Total Liabilities, Redeemable Noncontrolling Interests, and Stockholders' Equity $ 1,878.0 $ 1,569.3