SEC Document

 

RPM International Inc. and Subsidiaries

Valuation And Qualifying Accounts and Reserves (Schedule II)

 

 

 

 

 

 

 

Additions

 

 

Acquisitions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Charged to

 

 

(Disposals)

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at

 

 

Selling,

 

 

of Businesses

 

 

 

 

 

 

 

 

Balance at

 

 

 

Beginning

 

 

General and

 

 

and

 

 

 

(Deductions)

 

 

 

End

 

(In thousands)

 

of Period

 

 

Administrative

 

 

Reclassifications

 

 

 

Additions

 

 

 

of Period

 

Year Ended May 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts

 

$

24,600

 

 

$

13,747

 

 

$

 

 

 

$

5,791

 

(1)

 

$

44,138

 

Accrued product liability reserves

 

$

25,100

 

 

$

5,262

 

 

$

 

 

 

$

(15,430

)

(2)

 

$

14,932

 

Accrued loss reserves

 

$

1,053

 

 

$

636

 

 

$

(322)

 

 

 

$

(265

)

(2)

 

$

1,102

 

Noncurrent:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accrued product liability

 

$

29,045

 

 

$

15,005

 

 

$

281

 

 

 

$

(16,109

)

(2)

 

$

28,222

 

Environmental reserves

 

$

1,676

 

 

$

404

 

 

$

328

 

 

 

$

(661

)

(2)

 

$

1,747

 

Year Ended May 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts

 

$

24,526

 

 

$

8,692

 

 

$

 

 

 

$

(8,618

)

(1)

 

$

24,600

 

Accrued product liability reserves

 

$

11,916

 

 

$

13,848

 

 

$

 

 

 

$

(664

)

(2)

 

$

25,100

 

Accrued loss reserves

 

$

1,383

 

 

$

230

 

 

$

 

 

 

$

(560

)

(2)

 

$

1,053

 

Noncurrent:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accrued product liability

 

$

29,768

 

 

$

9,637

 

 

$

 

 

 

 

$

(10,360

)

(2)

 

$

29,045

 

Environmental reserves

 

$

3,498

 

 

$

730

 

 

$

 

 

 

$

(2,552

)

(2)

 

$

1,676

 

Year Ended May 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts

 

$

27,641

 

 

$

4,929

 

 

$

1,715

 

 

 

$

(9,759

)

(1)

 

$

24,526

 

Accrued product liability reserves

 

$

10,589

 

 

$

1,151

 

 

$

579

 

 

 

$

(403

)

(2)

 

$

11,916

 

Accrued loss reserves

 

$

2,731

 

 

$

937

 

 

$

1,113

 

(3)

 

$

(3,398

)

(2)

 

$

1,383

 

Noncurrent:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accrued product liability

 

$

29,653

 

 

$

10,034

 

 

$

 

 

 

 

$

(9,919

)

(2)

 

$

29,768

 

Environmental reserves

 

$

2,005

 

 

$

1,715

 

 

$

1,370

 

(3)

 

$

(1,592

)

(2)

 

$

3,498

 

 

(1)

Uncollectible accounts written off, net of recoveries

(2)

Primarily claims paid during the year, net of insurance contributions

(3)

Primarily transfers between current and noncurrent

 

 

 

S-1


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