Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Nov. 30, 2013	May 31, 2013
CURRENT ASSETS
Cash and cash equivalents	$ 82,362	$ 61,296
Receivables – net	122,382	126,922
Inventories	112,557	105,054
Deferred income taxes and prepaid expenses	21,929	27,294
TOTAL CURRENT ASSETS	339,230	320,566
PROPERTY, PLANT AND EQUIPMENT
Land and land improvements	172,678	172,780
Buildings	51,461	50,968
Machinery and equipment	1,649,518	1,647,460
Construction in progress	27,714	16,642
TOTAL PROPERTY, PLANT AND EQUIPMENT (Gross)	1,901,371	1,887,850
Less depreciation and depletion	697,717	661,454
TOTAL PROPERTY, PLANT AND EQUIPMENT	1,203,654	1,226,396
OTHER ASSETS
Goodwill	40,575	40,575
Real estate and investments	31,582	29,471
Deferred other charges	18,050	18,817
TOTAL OTHER ASSETS	90,207	88,863
TOTAL ASSETS	1,633,091	1,635,825
CURRENT LIABILITIES
Accounts payable	73,943	69,061
Accrued interest, compensation and other	72,197	62,336
Current portion of long-term debt	2,229	1,872
TOTAL CURRENT LIABILITIES	148,369	133,269
LONG-TERM DEBT	657,068	657,935
DEFERRED INCOME TAXES AND OTHER CREDITS	85,967	91,157
SHAREHOLDERS' EQUITY
Common stock, $1 par value; authorized 100,000 shares; issued and outstanding 28,623 and 28,572 shares, respectively	28,623	28,572
Additional paid-in capital	519,922	514,560
Retained earnings	211,476	228,686
Accumulated other comprehensive loss	(18,334)	(18,354)
TOTAL SHAREHOLDERS' EQUITY	741,687	753,464
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 1,633,091	$ 1,635,825

Represents deferred tax assets net, current and prepaid expense, current. Deferred Tax Assets, Net, Current represents the current portion of the aggregate tax effects as of the balance sheet date of all future tax deductions arising from temporary differences between tax basis and generally accepted accounting principles basis recognition of assets, liabilities, revenues and expenses, which can only be deducted for tax purposes when permitted under enacted tax laws; after deducting the allocated valuation allowance, if any, to reduce such amount to net realizable value. Deferred tax liabilities and assets shall be classified as current or noncurrent based on the classification of the related asset or liability for financial reporting. A deferred tax liability or asset that is not related to an asset or liability for financial reporting, including deferred tax assets related to carryforwards, shall be classified according to the expected reversal date of the temporary difference. An unrecognized tax benefit that is directly related to a position taken in a tax year that results in a net operating loss carryforward should be presented as a reduction of the related deferred tax asset. Prepaid expense, current represents the sum of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer.

No definition available.