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Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Feb. 28, 2014
May 31, 2013
Current assets:    
Cash $ 114.7 $ 75.3
Accounts receivable, less allowances of $6.4 and $8.7, respectively 310.1 297.4
Inventories 506.8 453.7
Rotable spares and equipment on or available for short-term lease 116.7 129.2
Deposits, prepaids and other 67.3 60.1
Deferred tax assets 11.3 18.0
Total current assets 1,126.9 1,033.7
Property, plant and equipment, net of accumulated depreciation of $408.9 and $354.5, respectively 336.0 361.7
Other assets:    
Goodwill 262.6 255.6
Intangible assets, net of accumulated amortization of $33.8 and $25.1, respectively 170.4 157.8
Equipment on long-term lease 68.4 64.7
Capitalized program development costs 113.4 124.9
Investment in joint ventures 30.6 31.8
Other 104.8 106.7
Total other assets 750.2 741.5
Total assets 2,213.1 2,136.9
Current liabilities:    
Current maturities of long-term debt 87.8 86.4
Accounts payable 160.5 149.3
Accrued liabilities 142.3 153.3
Total current liabilities 390.6 389.0
Long-term debt, less current maturities 626.6 622.2
Deferred tax liabilities 143.2 138.2
Other liabilities and deferred income 64.6 68.0
Total noncurrent liabilities 834.4 828.4
Equity:    
Preferred stock, $1.00 par value, authorized 250,000 shares; none issued      
Common stock, $1.00 par value, authorized 100,000,000 shares; issued 44,680,804 and 44,691,437 shares at cost, respectively 44.7 44.7
Capital surplus 433.8 431.6
Retained earnings 631.8 584.9
Treasury stock, 5,112,254 and 5,309,252 shares at cost, respectively (98.1) (100.1)
Accumulated other comprehensive loss (25.2) (42.5)
Total AAR stockholders' equity 987.0 918.6
Noncontrolling interest 1.1 0.9
Total equity 988.1 919.5
Total liabilities and equity $ 2,213.1 $ 2,136.9