Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Feb. 28, 2014
May 31, 2013
Current assets:    
Cash and cash equivalents $ 52,886 $ 51,385
Receivables, less allowances of $2,807 and $3,408 at February 28, 2014 and May 31, 2013 467,927 394,327
Inventories:    
Raw materials 214,510 175,093
Work in process 123,011 103,861
Finished products 103,823 77,814
Total inventories 441,344 356,768
Income taxes receivable 9,346 724
Assets held for sale 2,435 3,040
Deferred income taxes 23,984 21,928
Prepaid expenses and other current assets 45,678 38,711
Total current assets 1,043,600 866,883
Investments in unconsolidated affiliates 175,454 246,125
Goodwill 237,553 213,858
Other intangible assets, net of accumulated amortization of $32,667 and $26,669 at February 28, 2014 and May 31, 2013 141,446 147,144
Other assets 16,876 17,417
Property, plant & equipment:    
Property, plant & equipment at cost 1,133,536 1,052,636
Less: accumulated depreciation 622,558 593,206
Total property, plant and equipment, net 510,978 459,430
Total assets 2,125,907 1,950,857
Current liabilities:    
Accounts payable 379,230 222,696
Short-term borrowings 35,356 113,728
Accrued compensation, contributions to employee benefit plans and related taxes 78,944 68,043
Dividends payable 11,022 551
Other accrued items 38,552 36,536
Income taxes payable 4,879 6,268
Current maturities of long-term debt 101,114 1,092
Total current liabilities 649,097 448,914
Other liabilities 73,467 70,882
Distributions in excess of investment in unconsolidated affiliate 62,387 63,187
Long-term debt 305,370 406,236
Deferred income taxes 77,673 89,401
Total liabilities 1,167,994 1,078,620
Shareholders' equity - controlling interest 861,020 830,822
Noncontrolling interest 96,893 41,415
Total equity 957,913 872,237
Total liabilities and equity $ 2,125,907 $ 1,950,857