Goodwill, Service Contracts and Other Assets

Changes in the carrying amount of goodwill and service contracts for the three months ended August 31, 2012, by operating segment, are as follows:



Goodwill (in thousands)	Rental Uniforms & Ancillary Products		Uniform Direct Sales		First Aid, Safety & Fire Protection		Document Management		Total

Balance as of June 1, 2012	$	944,449	$	23,968	$	192,465	$	324,493	$	1,485,375
Goodwill acquired	—		—		—		2,225		2,225
Foreign currency translation	628		32		—		844		1,504
Balance as of August 31, 2012	$	945,077	$	24,000	$	192,465	$	327,562	$	1,489,104



Service Contracts (in thousands)	Rental Uniforms & Ancillary Products			Uniform Direct Sales		First Aid, Safety & Fire Protection			Document Management			Total

Balance as of June 1, 2012	$	29,156		$	—	$	29,334		$	18,332		$	76,822
Service contracts acquired	—			—		—			336			336
Service contracts amortization	(2,402		)	—		(1,845		)	(1,786		)	(6,033		)
Foreign currency translation	880			—		—			292			1,172
Balance as of August 31, 2012	$	27,634		$	—	$	27,489		$	17,174		$	72,297

Information regarding Cintas’ service contracts and other assets is as follows:



	As of August 31, 2012
(In thousands)	Carrying Amount		Accumulated Amortization		Net
Service contracts	$	386,144	$	313,847	$	72,297

Noncompete and consulting agreements	$	76,279	$	71,177	$	5,102
Investments⁽¹⁾	91,723		—		91,723
Other	20,023		3,652		16,371
Total	$	188,025	$	74,829	$	113,196



	As of May 31, 2012
(In thousands)	Carrying Amount		Accumulated Amortization		Net
Service contracts	$	384,622	$	307,800	$	76,822

Noncompete and consulting agreements	$	76,036	$	69,954	$	6,082
Investments⁽¹⁾	90,198		—		90,198
Other	19,828		3,272		16,556
Total	$	186,062	$	73,226	$	112,836

⁽¹⁾ Investments at August 31, 2012, include the cash surrender value of insurance policies of $59.3 million, equity method investments of $31.5 million and cost method investments of $0.9 million. Investments at May 31, 2012, include the cash surrender value of insurance policies of $57.4 million, equity method investments of $31.9 million and cost method investments of $0.9 million.

Amortization expense was $6.1 million and $10.2 million for the three months ended August 31, 2012 and 2011, respectively. Estimated amortization expense, excluding any future acquisitions, for each of the next five fiscal years is $22.2 million, $18.1 million, $15.3 million, $10.1 million and $5.1 million, respectively.

Investments recorded using the cost method are evaluated for impairment on an annual basis or when indicators of impairment are identified. For the three months ended August 31, 2012 and 2011, no losses due to impairment were recorded.