Consolidated Balance Sheets - USD ($) $ in Thousands	May 31, 2018	May 31, 2017
Current assets:
Cash and cash equivalents	$ 121,967	$ 278,081
Receivables, less allowances of $632 and $3,444 at May 31, 2018 and May 31, 2017, respectively	572,689	486,730
Inventories:
Raw materials	237,471	185,001
Work in process	122,977	95,630
Finished products	93,579	73,303
Total inventories	454,027	353,934
Income taxes receivable	1,650	7,164
Assets held for sale	30,655	9,654
Prepaid expenses and other current assets	60,134	55,406
Total current assets	1,241,122	1,190,969
Investments in unconsolidated affiliates	216,010	208,591
Goodwill	345,183	247,673
Other intangible assets, net of accumulated amortization of $74,922 and $63,134 at May 31, 2018 and May 31, 2017, respectively	214,026	82,781
Other assets	20,476	24,841
Property, plant and equipment:
Land	24,229	22,077
Buildings and improvements	300,542	297,951
Machinery and equipment	1,030,720	961,542
Construction in progress	32,282	27,616
Total property, plant and equipment	1,387,773	1,309,186
Less: accumulated depreciation	802,803	738,697
Total property, plant and equipment, net	584,970	570,489
Total assets	2,621,787	2,325,344
Current liabilities:
Accounts payable	473,485	368,071
Short-term borrowings		123
Accrued compensation, contributions to employee benefit plans and related taxes	96,487	86,201
Dividends payable	13,731	13,698
Other accrued items	57,125	41,551
Income taxes payable	4,593	4,448
Current maturities of long-term debt	1,474	6,691
Total current liabilities	646,895	520,783
Other liabilities	74,237	61,498
Distributions in excess of investment in unconsolidated affiliate	55,198	63,038
Long-term debt	748,894	571,796
Deferred income taxes, net	60,188	34,300
Total liabilities	1,585,412	1,251,415
Shareholders' equity - controlling interest:
Preferred shares, without par value; authorized - 1,000,000 shares; issued and outstanding - none
Common shares, without par value; authorized - 150,000,000 shares; issued and outstanding, 2018 - 58,876,921 shares, 2017 - 62,802,456 shares
Additional paid-in capital	295,592	303,391
Accumulated other comprehensive loss, net of taxes of $2,908 and $5,310 at May 31, 2018 and May 31, 2017, respectively	(14,580)	(27,775)
Retained earnings	637,757	676,019
Total shareholders' equity - controlling interest	918,769	951,635
Noncontrolling interests	117,606	122,294
Total equity	1,036,375	1,073,929
Total liabilities and equity	$ 2,621,787	$ 2,325,344