Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 28, 2019	May 31, 2018
Current assets:
Cash and cash equivalents	$ 113,116	$ 121,967
Receivables, less allowances of $859 and $632 at February 28, 2019 and May 31, 2018, respectively	512,739	572,689
Inventories:
Raw materials	269,733	237,471
Work in process	110,326	122,977
Finished products	106,015	93,579
Total inventories	486,074	454,027
Income taxes receivable	17,534	1,650
Assets held for sale	7,568	30,655
Prepaid expenses and other current assets	68,082	60,134
Total current assets	1,205,113	1,241,122
Investments in unconsolidated affiliates	222,865	216,010
Goodwill	335,311	345,183
Other intangible assets, net of accumulated amortization of $86,370 and $74,922 at February 28, 2019 and May 31, 2018, respectively	201,588	214,026
Other assets	21,475	20,476
Property, plant and equipment:
Land	24,018	24,229
Buildings and improvements	309,141	300,542
Machinery and equipment	1,050,372	1,030,720
Construction in progress	49,314	32,282
Total property, plant and equipment	1,432,845	1,387,773
Less: accumulated depreciation	851,904	802,803
Total property, plant and equipment, net	580,941	584,970
Total assets	2,567,293	2,621,787
Current liabilities:
Accounts payable	424,480	473,485
Accrued compensation, contributions to employee benefit plans and related taxes	58,160	96,487
Dividends payable	14,380	13,731
Other accrued items	67,045	57,125
Income taxes payable	106	4,593
Current maturities of long-term debt	1,167	1,474
Total current liabilities	565,338	646,895
Other liabilities	72,396	74,237
Distributions in excess of investment in unconsolidated affiliate	124,198	55,198
Long-term debt	748,319	748,894
Deferred income taxes, net	80,034	60,188
Total liabilities	1,590,285	1,585,412
Shareholders' equity - controlling interest	856,622	918,769
Noncontrolling interests	120,386	117,606
Total equity	977,008	1,036,375
Total liabilities and equity	$ 2,567,293	$ 2,621,787