XML 14 R4.htm IDEA: XBRL DOCUMENT v3.5.0.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
May 31, 2016
Aug. 31, 2015
Current assets:    
Cash and cash equivalents $ 47,019 $ 96,872
Restricted cash 2,407 0
Accounts receivable, less allowance for doubtful accounts of $11,367 at May 31, 2016 and $10,777 at August 31, 2015 405,118 413,943
Inventories 289,656 317,328
Prepaid expenses and other current assets 72,767 60,205
Total current assets 816,967 888,348
Property, plant and equipment, at cost:    
Land and improvements 33,160 31,674
Buildings and leasehold improvements 177,748 164,759
Machinery and equipment 440,631 427,183
Furniture and fixtures 34,537 34,393
Construction in progress 24,032 23,866
Gross property, plant and equipment 710,108 681,875
Accumulated depreciation 394,605 367,381
Net property, plant and equipment 315,503 314,494
Other assets:    
Deferred charges and other noncurrent assets 89,652 90,749
Goodwill 620,649 623,583
Intangible assets, net 405,539 434,537
Total assets 2,248,310 2,351,711
Current liabilities:    
Accounts payable 296,308 305,385
U.S. and foreign income taxes payable 0 4,205
Accrued payroll, taxes and related benefits 47,017 56,192
Other accrued liabilities 81,636 70,824
Short-term debt 24,515 20,710
Total current liabilities 449,476 457,316
Long-term debt 961,569 1,045,349
Pension plans 118,034 117,889
Deferred income taxes 109,428 115,537
Other long-term liabilities 22,525 22,885
Total liabilities $ 1,661,032 $ 1,758,976
Commitments and contingencies
Stockholders' equity:    
Convertible special stock, no par value $ 120,289 $ 120,289
Common stock, $1 par value, authorized - 75,000 shares, issued - 48,506 shares at May 31, 2016 and 48,369 shares at August 31, 2015 48,506 48,369
Additional paid-in capital 275,361 274,319
Accumulated other comprehensive income (loss) [1] (93,144) (83,460)
Retained earnings 610,135 607,690
Treasury stock, at cost, 19,071 shares at May 31, 2016 and 19,077 shares at August 31, 2015 (382,999) (383,121)
Total A. Schulman, Inc.’s stockholders’ equity 578,148 584,086
Noncontrolling interests 9,130 8,649
Total equity 587,278 592,735
Total liabilities and equity $ 2,248,310 $ 2,351,711
[1] (1) All amounts presented are net of tax. All tax amounts are related to pension and other retiree benefits.