AAR Corp. (AIR) financial statements (2021 and earlier)

Company profile

Business Address 1100 N WOOD DALE RD
WOOD DALE, IL 60191
State of Incorp. DE
Fiscal Year End May 31
SIC 372 - Aircraft And Parts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

2/28/2021
TTM
11/30/2020
TTM
5/31/2020
5/31/2019
5/31/2018
5/31/2017
5/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9911040521311031
Cash and cash equivalents9911040521311031
Restricted cash and investments133202011  
Receivables187170172198202251243
Inventory, net of allowances, customer advances and progress billings564585623524461483445
Inventory564585623524461483445
Contract with customer, asset62534959
Disposal group, including discontinued operation   29125 8
Other current assets30417736262628
Other undisclosed current assets7281936587118118
Total current assets:1,0281,0421,439953943889873
Noncurrent Assets
Operating lease, right-of-use asset778390
Property, plant and equipment124125136133133202233
Long-term investments and receivables      15
Long-term investments      15
Intangible assets, net (including goodwill)123123122138147148153
Goodwill  116116119115117
Intangible assets, net (excluding goodwill)  622283336
Other undisclosed intangible assets, net (including goodwill)123123     
Contract with customer, asset, net2424  
Other noncurrent assets9896827811910687
Other undisclosed noncurrent assets16817621221618316081
Total noncurrent assets:614628640565582616569
TOTAL ASSETS:1,6431,6692,0791,5171,5251,5041,442
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities351351353328308333317
Accounts payable183198192188170177163
Accrued liabilities169153162141138156154
Deferred revenue 18 
Debt     212
Disposal group, including discontinued operation3633302925  
Other undisclosed current liabilities 6     
Total current liabilities:388408383358333335329
Noncurrent Liabilities
Long-term debt and lease obligation, including:267286600142177155136
Long-term debt, excluding current maturities206220600142177155136
Operating lease, liability616671
Other undisclosed long-term debt and lease obligation  (71)    
Liabilities, other than long-term debt193088 163734
Deferred revenue193088
Deferred tax liabilities, net 163734
Other undisclosed noncurrent liabilities3744105112626277
Total noncurrent liabilities:323360793254255255247
Total liabilities:7107691,176611588590576
Stockholders' equity
Stockholders' equity attributable to parent932901903906936914866
Common stock45454545454545
Treasury stock, value(276)(276)(283)(288)(281)(280)(268)
Additional paid in capital477475479479471461451
Accumulated other comprehensive loss(42)(43)(45)(41)(32)(40)(44)
Retained earnings728700706710733728682
Total stockholders' equity:932901903906936914866
TOTAL LIABILITIES AND EQUITY:1,6431,6692,0791,5171,5251,5041,442

Income statement (P&L) ($ in millions)

2/28/2021
TTM
11/30/2020
TTM
5/31/2020
5/31/2019
5/31/2018
5/31/2017
5/31/2016
Revenues1,6311,2312,0722,0521,7481,7681,663
Revenue, net1,7481,7681,663
Cost of revenue(1,370)(1,535)(1,803)(1,722)(1,454)(1,491)(1,426)
Cost of goods and services sold   (1,722)(1,454)(1,491)(1,426)
Other undisclosed gross profit(21)524     
Gross profit:241220269330295277237
Operating expenses(210)(222)(226)(231)(213)(198)(175)
Other operating expense, net
(Other Expenses)
  (2)(1)(1)  
Other undisclosed operating loss(2)(2)     
Operating income (loss):29(4)4198807862
Nonoperating income (expense)3(2)(2)1000
Investment income, nonoperating0011000
Other nonoperating income (expense)2(2)(2)    
Interest and debt expense(7)(8)(9)(10)(8)(6)(7)
Income (loss) from continuing operations before equity method investments, income taxes:25(14)3089737355
Loss from equity method investments(0)(0)(2)  (0) 
Other undisclosed loss from continuing operations before income taxes(2)(2)     
Income (loss) from continuing operations before income taxes:23(16)2889737355
Income tax expense (benefit)(9)2(6)(5)(4)(24)(19)
Income (loss) from continuing operations:13(14)2384694936
Income (loss) from discontinued operations(11)(9)(20)(77)(58)67
Income (loss) before gain (loss) on sale of properties:2(23)28115544
Other undisclosed net income322 524
Net income (loss) attributable to parent:5(21)48165748
Other undisclosed net loss available to common stockholders, basic      (1)
Net income (loss) available to common stockholders, diluted:5(21)48165747

Comprehensive Income ($ in millions)

2/28/2021
TTM
11/30/2020
TTM
5/31/2020
5/31/2019
5/31/2018
5/31/2017
5/31/2016
Net income (loss):5(21)48165748
Other comprehensive income (loss)(3)(3)(4)(9)85(4)
Comprehensive income (loss), net of tax, attributable to parent:3(24)1(1)246144

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: