Aar corp. (AIR)
Balance Sheet / TTM
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Nov'10Aug'10May'10
ASSETS
Current assets:
Cash and cash equivalents

37,000

38,200

39,900

21,300

28,900

25,700

22,700

31,100

23,900

27,100

15,100

10,300

10,100

23,000

7,900

31,200

50,400

62,800

28,700

54,700

67,000

92,600

81,800

89,200

114,700

98,500

90,900

75,300

47,400

69,200

67,700

67,700

59,294

27,870

35,523

57,433

54,716

49,320

52,155

79,370

Restricted cash

27,900

14,500

18,100

19,800

21,500

15,000

22,100

10,500

10,700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, less allowances of $20.2 and $16.0, respectively

225,700

208,500

197,300

197,800

237,600

218,600

191,000

202,000

203,400

258,400

264,700

234,500

264,600

276,500

238,000

248,300

249,900

252,600

270,600

229,000

249,600

319,300

294,900

283,100

310,100

319,800

285,700

297,400

302,400

285,100

282,800

302,100

331,478

294,012

296,382

287,435

300,030

257,354

245,096

238,466

Contract assets

64,700

62,200

62,000

59,200

54,900

63,000

48,800

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

621,600

580,400

553,600

523,700

514,700

495,000

467,700

460,700

472,100

479,400

473,000

433,400

465,600

459,500

450,900

452,000

458,100

462,100

478,600

456,000

451,000

554,800

532,000

495,300

506,800

463,800

473,300

453,700

488,300

483,300

466,000

461,200

477,467

426,051

402,740

363,399

385,436

387,175

378,171

356,983

Rotable assets and equipment on or available for short-term lease

69,000

69,100

62,500

65,300

68,300

80,500

80,900

87,200

68,400

99,600

118,200

70,700

124,800

113,100

118,900

118,300

119,100

115,700

111,600

110,700

139,900

139,900

137,300

137,600

116,700

122,700

122,600

129,200

133,500

133,400

140,100

138,600

134,604

144,015

146,189

143,875

138,028

137,373

141,830

122,823

Assets of discontinued operations

26,300

27,400

41,700

29,200

28,200

109,900

114,700

125,000

122,700

-

-

120,400

-

-

-

-

10,300

7,900

12,200

17,000

529,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

85,900

71,900

46,500

36,200

39,300

33,000

34,500

26,200

32,400

27,700

33,700

19,100

28,000

29,700

33,700

31,900

35,200

36,800

37,300

28,400

39,600

77,700

79,300

81,600

67,300

59,700

60,500

60,100

61,100

53,600

55,000

71,100

44,186

39,522

39,830

38,260

28,134

29,047

33,516

27,194

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

47,700

58,300

58,300

-

18,500

30,500

30,600

24,600

11,300

18,000

18,000

18,000

43,400

22,200

22,000

22,600

18,360

23,583

23,583

23,583

21,495

21,495

21,495

21,495

Total current assets

1,158,100

1,072,200

1,021,600

952,500

993,400

1,040,700

982,400

942,700

933,600

892,200

904,700

888,400

893,100

901,800

849,400

881,700

970,700

996,200

997,300

895,800

1,494,900

1,214,800

1,155,900

1,111,400

1,126,900

1,082,500

1,051,000

1,033,700

1,076,100

1,046,800

1,033,600

1,063,300

1,065,389

955,053

944,247

913,985

927,839

881,764

872,263

846,331

Property, plant and equipment, at cost:
Land

-

-

-

-

-

-

-

4,500

-

-

-

4,300

-

-

-

4,500

-

-

-

3,400

-

-

-

9,400

-

-

-

9,200

-

-

-

9,000

-

-

-

4,842

-

-

-

4,842

Buildings and improvements

-

-

-

-

-

-

-

107,400

-

-

-

97,500

-

-

-

99,500

-

-

-

86,400

-

-

-

102,400

-

-

-

99,500

-

-

-

98,700

-

-

-

95,201

-

-

-

89,547

Equipment and furniture and fixtures

-

-

-

-

-

-

-

235,700

-

-

-

222,900

-

-

-

571,800

-

-

-

523,500

-

-

-

627,400

-

-

-

607,500

-

-

-

573,600

-

-

-

459,432

-

-

-

319,396

Property, plant and equipment, gross

-

-

-

-

-

-

-

347,600

-

-

-

324,700

-

-

-

675,800

-

-

-

613,300

-

-

-

739,200

-

-

-

716,200

-

-

-

681,300

-

-

-

559,475

-

-

-

413,785

Accumulated depreciation

-

-

-

-

-

-

-

214,400

-

-

-

207,500

-

-

-

437,700

-

-

-

398,500

-

-

-

424,300

-

-

-

354,500

-

-

-

298,400

-

-

-

235,098

-

-

-

194,139

Property, plant and equipment, net of accumulated depreciation of $244.9 and $231.8 respectively

136,700

134,300

132,700

132,800

134,400

133,400

132,500

133,200

135,300

195,300

198,100

117,200

211,900

213,900

231,400

238,100

222,400

205,100

214,400

214,800

247,400

288,500

287,900

314,900

336,000

344,400

351,200

361,700

363,800

373,100

374,300

382,900

357,139

345,128

335,269

324,377

318,857

263,752

250,492

219,646

Other assets:
Goodwill

116,500

116,800

115,800

116,200

117,400

116,600

118,100

118,700

119,600

128,900

115,500

105,600

114,600

114,700

115,500

117,300

115,200

123,100

123,600

123,500

123,600

252,100

258,000

261,700

262,600

260,700

257,000

255,600

256,400

257,000

253,800

262,600

-

-

-

-

-

-

-

-

Intangible assets, net of accumulated amortization of $18.2 and $30.3, respectively

12,000

12,600

13,000

22,200

24,400

25,200

26,500

27,800

28,200

30,200

31,700

30,600

30,700

31,700

32,200

35,800

37,700

34,800

36,200

36,700

38,000

150,200

159,700

165,400

170,400

159,200

157,700

157,800

161,100

164,800

164,700

155,000

-

-

-

-

-

-

-

-

Operating lease right-of-use assets, net

99,400

103,800

93,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill and other intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

448,371

215,301

179,145

181,097

159,055

161,517

165,731

190,710

Rotable assets supporting long-term programs

225,300

225,600

225,200

216,000

209,400

202,500

187,600

183,400

183,600

180,400

167,700

159,600

148,600

124,000

96,000

81,100

81,000

80,700

82,100

80,200

110,800

105,900

102,600

98,400

68,400

61,900

64,500

64,700

66,500

67,700

69,700

73,100

74,168

69,690

76,304

93,387

101,813

105,596

104,920

109,564

Assets of discontinued operations - non-current

-

-

-

-

-

-

-

-

-

-

-

97,800

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capitalized program development costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

84,300

111,400

112,200

113,400

111,200

109,300

124,900

-

-

-

91,900

-

-

-

-

-

-

-

-

Investment in joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

12,700

14,400

14,100

-

17,300

18,000

17,400

20,500

27,300

29,400

29,800

29,900

30,600

31,100

31,100

31,800

36,000

49,600

49,400

49,900

48,768

44,390

44,256

48,743

47,274

48,016

47,744

48,433

Other non-current assets

80,900

89,600

81,800

77,500

67,500

85,800

90,700

118,900

111,900

117,300

114,000

104,900

90,500

86,100

88,400

102,000

77,700

76,700

76,200

82,600

91,800

102,500

100,100

100,100

104,800

104,900

107,400

106,700

257,100

230,300

224,800

117,000

226,458

192,050

173,151

142,138

101,153

96,582

91,583

85,497

Total other assets

534,100

548,400

528,800

431,900

418,700

430,100

422,900

448,800

443,300

456,800

428,900

498,500

397,100

370,900

346,200

336,200

328,900

333,300

335,500

343,500

391,500

724,400

761,600

767,700

750,200

729,000

727,000

741,500

777,100

769,400

762,400

749,500

797,765

521,431

472,856

465,365

409,295

411,711

409,978

434,204

Total assets

1,828,900

1,754,900

1,683,100

1,517,200

1,546,500

1,604,200

1,537,800

1,524,700

1,512,200

1,544,300

1,531,700

1,504,100

1,502,100

1,486,600

1,427,000

1,456,000

1,522,000

1,534,600

1,547,200

1,454,100

2,133,800

2,227,700

2,205,400

2,194,000

2,213,100

2,155,900

2,129,200

2,136,900

2,217,000

2,189,300

2,170,300

2,195,700

2,220,293

1,821,612

1,752,372

1,703,727

1,655,991

1,557,227

1,532,733

1,500,181

LIABILITIES AND EQUITY
Current liabilities:
Short-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

600

600

600

600

201,589

50,000

50,000

100,000

60,000

60,000

60,000

45,009

Current maturities of long-term debt

-

-

-

-

-

-

-

-

100

1,700

2,000

100

2,000

7,000

7,000

12,000

35,700

35,300

44,500

69,000

43,900

46,300

78,500

69,700

87,800

87,300

86,800

86,400

21,600

106,000

107,600

122,200

20,072

20,586

19,208

11,323

53,295

53,252

53,278

53,292

Current maturities of non-recourse long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,545

840

823

806

789

773

757

Current maturities of long-term capital lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

85

63

6,334

1,929

1,891

1,858

1,827

1,775

Accounts payable

295,100

231,400

212,800

187,800

218,600

205,200

179,600

170,000

176,800

195,900

176,300

164,200

194,600

179,500

154,500

166,300

162,000

154,700

151,800

142,300

164,600

207,600

196,600

171,100

160,500

144,500

148,200

149,300

178,400

173,900

176,500

201,400

194,481

190,759

168,791

185,096

200,656

129,789

130,112

114,906

Accrued liabilities

149,800

133,200

128,700

140,500

115,000

114,400

110,800

138,300

123,200

138,900

133,800

139,900

146,200

164,400

152,900

163,100

162,000

173,400

181,800

200,700

125,000

146,000

141,200

161,300

142,300

141,100

128,400

153,300

162,200

139,200

131,900

149,000

144,759

106,991

104,912

116,839

102,534

106,118

103,243

108,950

Liabilities of discontinued operations

40,400

41,900

54,900

29,200

26,000

24,600

24,700

25,000

26,500

-

-

30,800

-

-

-

-

-

-

-

-

57,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

485,300

406,500

396,400

357,500

359,600

344,200

315,100

333,300

326,600

336,500

312,100

335,000

342,800

350,900

314,400

341,400

359,700

363,400

378,100

412,000

390,800

399,900

416,300

402,100

390,600

372,900

363,400

389,000

362,800

419,700

416,600

473,200

560,986

374,944

350,085

416,010

419,182

351,806

349,233

324,689

Long-term debt

206,000

196,100

202,200

141,700

177,200

218,900

209,100

177,200

194,300

215,800

189,000

154,100

168,700

154,100

142,800

136,100

160,000

135,000

135,000

82,400

599,400

589,000

548,600

564,300

626,600

593,500

615,400

622,200

700,600

672,300

679,400

669,400

599,321

426,780

414,700

313,981

313,671

313,408

313,191

317,594

Operating lease liabilities

80,000

84,000

74,700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue on long-term programs

101,300

122,500

75,600

83,800

89,000

-

-

35,800

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities

-

-

-

-

-

10,500

11,000

15,700

13,700

15,600

37,700

37,200

28,700

28,300

34,000

34,300

79,800

104,100

101,100

46,300

139,100

169,000

163,000

156,700

143,200

153,500

146,800

138,200

161,200

126,600

122,600

115,900

111,490

102,609

99,871

98,322

69,127

59,341

58,138

57,335

Other liabilities

26,900

24,100

24,700

28,300

21,300

-

-

26,400

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-recourse debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,615

11,032

11,244

11,452

11,655

11,855

Capital lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

106

148

148

4,789

5,291

5,777

6,253

6,742

Other liabilities and deferred income

-

-

-

-

-

95,000

73,500

-

62,400

69,900

68,200

63,600

76,200

80,900

77,300

78,400

64,200

69,600

76,000

68,300

62,700

67,700

73,000

70,200

64,600

68,800

64,200

68,000

67,700

67,300

69,600

71,200

57,071

53,739

35,824

24,304

32,880

34,551

34,604

35,616

Total noncurrent liabilities

414,200

426,700

377,200

253,800

287,500

324,400

293,600

255,100

270,400

301,300

294,900

254,900

273,600

263,300

254,100

248,800

304,000

308,700

312,100

197,000

801,200

825,700

784,600

791,200

834,400

815,800

826,400

828,400

929,500

866,200

871,600

856,500

767,988

583,276

553,158

452,428

432,213

424,529

423,841

429,142

Equity:
Preferred stock, $1.00 par value, authorized 250,000 shares; none issued

-

-

-

-

-

0

0

-

0

0

0

0

0

0

0

0

0

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, $1.00 par value, authorized 100,000,000 shares; issued 45,300,786 shares at cost

45,300

45,300

45,300

45,300

45,300

45,300

45,300

45,300

45,300

45,300

45,300

45,200

45,200

45,200

45,200

44,900

45,100

45,000

45,100

44,900

45,000

45,000

45,000

44,700

44,700

44,700

44,700

44,700

44,700

44,700

44,800

44,800

44,896

44,899

44,934

44,986

44,989

44,989

45,262

44,870

Capital surplus

481,500

478,700

476,000

479,400

474,800

470,800

469,800

470,500

464,100

462,300

460,300

460,800

457,300

454,700

453,100

451,300

447,800

445,700

443,900

442,600

442,200

439,900

438,300

436,400

433,800

431,600

429,300

431,600

428,500

425,100

423,400

423,600

421,762

418,143

412,924

423,805

421,308

417,725

419,577

416,842

Retained earnings

725,100

725,400

713,800

709,800

689,600

729,600

725,200

733,200

723,800

710,700

735,900

727,900

709,200

698,000

688,500

681,600

672,200

670,000

664,600

644,300

632,200

669,600

657,400

646,000

631,800

616,800

599,800

584,900

587,300

571,700

557,000

541,800

531,906

514,259

499,745

486,130

467,693

449,775

432,961

419,287

Treasury stock, 10,200,090 and 10,512,974 shares at cost, respectively

282,600

287,700

284,800

287,700

278,500

277,500

279,000

280,700

282,400

275,000

277,800

279,800

279,600

279,000

282,700

267,600

266,400

259,300

256,600

246,300

99,800

100,400

99,000

98,300

98,100

97,000

96,900

100,100

94,300

95,400

93,300

90,400

91,048

91,198

86,856

100,431

101,281

102,477

108,049

104,447

Accumulated other comprehensive loss

-39,900

-40,000

-40,800

-40,900

-31,800

-32,600

-32,200

-32,000

-35,600

-36,800

-39,000

-39,900

-46,400

-46,500

-45,600

-44,400

-40,400

-38,900

-40,000

-40,400

-78,700

-52,800

-37,900

-29,300

-25,200

-29,900

-38,600

-42,500

-42,200

-43,300

-51,300

-55,200

-17,436

-22,155

-21,062

-18,645

-27,557

-28,564

-29,536

-29,646

Total AAR stockholders' equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

940,900

1,001,300

1,003,800

999,500

987,000

966,200

938,300

918,600

924,000

902,800

880,600

864,600

890,080

863,948

849,685

835,845

805,152

781,448

760,215

746,906

Noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

900

800

700

1,200

1,100

1,000

1,100

900

700

600

1,500

1,400

1,239

-556

-556

-556

-556

-556

-556

-556

Total equity

929,400

921,700

909,500

905,900

899,400

935,600

929,100

936,300

915,200

906,500

924,700

914,200

885,700

872,400

858,500

865,800

858,300

862,500

857,000

845,100

941,800

1,002,100

1,004,500

1,000,700

988,100

967,200

939,400

919,500

924,700

903,400

882,100

866,000

891,319

863,392

849,129

835,289

804,596

780,892

759,659

746,350

Total liabilities and equity

1,828,900

1,754,900

1,683,100

1,517,200

1,546,500

1,604,200

1,537,800

1,524,700

1,512,200

1,544,300

1,531,700

1,504,100

1,502,100

1,486,600

1,427,000

1,456,000

1,522,000

1,534,600

1,547,200

1,454,100

2,133,800

2,227,700

2,205,400

2,194,000

2,213,100

2,155,900

2,129,200

2,136,900

2,217,000

2,189,300

2,170,300

2,195,700

2,220,293

1,821,612

1,752,372

1,703,727

1,655,991

1,557,227

1,532,733

1,500,181