Supplemental Guarantor Information (Tables)

6 Months Ended

Nov. 30, 2012

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Consolidating Income Statement

Condensed Consolidating Income Statement

Three Months Ended November 30, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	575,274		$	152,771		$	55,370		$	(27,576	)	$	755,839
Other services	—		387,265			10,630			28,964			(122,312		)	304,547
Equity in net income of affiliates	78,027		—			—			—			(78,027		)	—
	78,027		962,539			163,401			84,334			(227,915		)	1,060,386
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		367,645			95,014			38,923			(62,680		)	438,902
Cost of other services	—		256,524			(6,949		)	18,564			(78,691		)	189,448
Selling and administrative expenses	—		280,259			(7,023		)	23,705			(3,928		)	293,013
Operating income	78,027		58,111			82,359			3,142			(82,616		)	139,023
Interest income	—		(13		)	(126		)	(10		)	—			(149		)
Interest expense (income)	—		16,277			18			(1		)	—			16,294
Income before income taxes	78,027		41,847			82,467			3,153			(82,616		)	122,878
Income taxes	—		14,876			29,241			746			(12		)	44,851
Net income	$	78,027	$	26,971		$	53,226		$	2,407		$	(82,604	)	$	78,027

Condensed Consolidating Income Statement

Three Months Ended November 30, 2011

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	558,143		$	141,673		$	51,276		$	(28,303	)	$	722,789
Other services	—		367,926			14,511			28,838			(114,938		)	296,337
Equity in net income of affiliates	74,350		—			—			—			(74,350		)	—
	74,350		926,069			156,184			80,114			(217,591		)	1,019,126
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		356,105			83,939			35,270			(65,067		)	410,247
Cost of other services	—		236,673			3,794			18,305			(79,690		)	179,082
Selling and administrative expenses	—		266,206			7,402			26,181			(2,677		)	297,112
Operating income	74,350		67,085			61,049			358			(70,157		)	132,685
Interest income	—		(77		)	(111		)	(215		)	—			(403		)
Interest expense (income)	—		17,813			(433		)	348			—			17,728
Income before income taxes	74,350		49,349			61,593			225			(70,157		)	115,360
Income taxes	—		18,231			22,753			36			(10		)	41,010
Net income	$	74,350	$	31,118		$	38,840		$	189		$	(70,147	)	$	74,350

Condensed Consolidating Income Statement

Six Months Ended November 30, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	1,151,559		$	305,588		$	109,154		$	(55,619	)	$	1,510,682
Other services	—		756,671			21,509			58,342			(235,493		)	601,029
Equity in net income of affiliates	154,760		—			—			—			(154,760		)	—
	154,760		1,908,230			327,097			167,496			(445,872		)	2,111,711
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		731,842			184,356			75,543			(124,691		)	867,050
Cost of other services	—		492,855			(9,366		)	36,272			(153,011		)	366,750
Selling and administrative expenses	—		570,903			(11,162		)	48,006			(8,153		)	599,594
Operating income	154,760		112,630			163,269			7,675			(160,017		)	278,317
Interest income	—		(31		)	(161		)	(34		)	—			(226		)
Interest expense	—		32,843			49			—			—			32,892
Income before income taxes	154,760		79,818			163,381			7,709			(160,017		)	245,651
Income taxes	—		29,255			59,883			1,770			(17		)	90,891
Net income	$	154,760	$	50,563		$	103,498		$	5,939		$	(160,000	)	$	154,760

Condensed Consolidating Income Statement

Six Months Ended November 30, 2011

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	1,111,891		$	283,588		$	103,859		$	(57,126	)	$	1,442,212
Other services	—		725,658			31,672			58,640			(221,876		)	594,094
Equity in net income of affiliates	142,988		—			—			—			(142,988		)	—
	142,988		1,837,549			315,260			162,499			(421,990		)	2,036,306
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		702,881			168,291			71,179			(128,698		)	813,653
Cost of other services	—		457,505			1,734			36,130			(141,553		)	353,816
Selling and administrative expenses	—		541,823			23,397			48,465			(6,107		)	607,578
Operating income	142,988		135,340			121,838			6,725			(145,632		)	261,259
Interest income	—		(157		)	(238		)	(373		)	—			(768		)
Interest expense (income)	—		35,589			(881		)	354			—			35,062
Income before income taxes	142,988		99,908			122,957			6,744			(145,632		)	226,965
Income taxes	—		36,897			45,409			1,683			(12		)	83,977
Net income	$	142,988	$	63,011		$	77,548		$	5,061		$	(145,620	)	$	142,988

Condensed Consolidating Statement of Comprehensive Income

Condensed Consolidating Statement of Comprehensive Income

Three Months Ended November 30, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	78,027	$	26,971		$	53,226		$	2,407		$	(82,604	)	$	78,027
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		(1		)	—			1,676			—			1,675
Change in fair value of derivatives	—		—			—			—			—			—
Amortization of interest rate lock           agreements	—		488			—			—			—			488
Change in fair value of available-for-           sale securities	—		—			(7		)	(3		)	—			(10		)
Other comprehensive income	—		487			(7		)	1,673			—			2,153
Comprehensive income	$	78,027	$	27,458		$	53,219		$	4,080		$	(82,604	)	$	80,180

Condensed Consolidating Statement of Comprehensive Income

Three Months Ended November 30, 2011

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors		Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	74,350	$	31,118		$	38,840	$	189		$	(70,147	)	$	74,350
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		(34		)	—		(20,730		)	—			(20,764		)
Change in fair value of derivatives	—		124			—		(97		)	—			27
Amortization of interest rate lock           agreements	—		377			—		—			—			377
Change in fair value of available-for-           sale securities	—		—			—		7			—			7
Other comprehensive income	—		467			—		(20,820		)	—			(20,353		)
Comprehensive income	$	74,350	$	31,585		$	38,840	$	(20,631	)	$	(70,147	)	$	53,997

Condensed Consolidating Statement of Comprehensive Income

Six Months Ended November 30, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	154,760	$	50,563		$	103,498		$	5,939		$	(160,000	)	$	154,760
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		7			—			8,685			—			8,692
Change in fair value of derivatives	—		(151		)	—			—			—			(151		)
Amortization of interest rate lock           agreements	—		976			—			—			—			976
Change in fair value of available-for-           sale securities	—		—			(7		)	(5		)	—			(12		)
Other comprehensive income	—		832			(7		)	8,680			—			9,505
Comprehensive income	$	154,760	$	51,395		$	103,491		$	14,619		$	(160,000	)	$	164,265

Condensed Consolidating Statement of Comprehensive Income

Six Months Ended November 30, 2011

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors		Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	142,988	$	63,011		$	77,548	$	5,061		$	(145,620	)	$	142,988
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		(35		)	—		(20,511		)	—			(20,546		)
Change in fair value of derivatives	—		207			—		(26		)	—			181
Amortization of interest rate lock           agreements	—		754			—		—			—			754
Change in fair value of available-for-           sale securities	—		—			—		25			—			25
Other comprehensive income	—		926			—		(20,512		)	—			(19,586		)
Comprehensive income	$	142,988	$	63,937		$	77,548	$	(15,451	)	$	(145,620	)	$	123,402

Condensed Consolidating Balance Sheet

Condensed Consolidating Balance Sheet

As of November 30, 2012

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors		Eliminations			Cintas Corporation Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	45,036		$	167,453		$	29,998	$	—		$	242,487
Marketable securities	—			—			9,781			24,081		—			33,862
Accounts receivable, net	—			350,351			88,484			40,271		—			479,106
Inventories, net	—			200,445			22,519			10,545		2,686			236,195
Uniforms and other rental items in service	—			353,213			110,312			37,406		(18,930		)	482,001
Income taxes, current	—			(5,510		)	12,009			14,477		—			20,976
Prepaid expenses and other	—			7,766			13,940			3,329		—			25,035
Total current assets	—			951,301			424,498			160,107		(16,244		)	1,519,662
Property and equipment, at cost, net	—			612,243			263,130			91,887		—			967,260
Goodwill	—			—			1,452,020			70,391		—			1,522,411
Service contracts, net	—			85,481			229			4,770		—			90,480
Other assets, net	1,569,229			1,627,395			2,633,892			760,007		(6,472,454		)	118,069
	$	1,569,229		$	3,276,420		$	4,773,769		$	1,087,162	$	(6,488,698	)	$	4,217,882
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	(465,247	)	$	(549,502	)	$	1,075,016		$	20,248	$	38,019		$	118,534
Accrued compensation and related liabilities	—			37,444			12,359			4,677		—			54,480
Accrued liabilities	—			64,319			249,467			11,291		—			325,077
Deferred tax (asset) liability	—			(557		)	53,401			3,583		—			56,427
Long-term debt due within one year	—			910			(249		)	—		—			661
Total current liabilities	(465,247		)	(447,386		)	1,389,994			39,799		38,019			555,179
Long-term liabilities:
Long-term debt due after one year	—			1,318,234			(10,253		)	848		—			1,308,829
Deferred income taxes	—			(7		)	200,880			5,909		—			206,782
Accrued liabilities	—			—			65,541			907		—			66,448
Total long-term liabilities	—			1,318,227			256,168			7,664		—			1,582,059
Total shareholders’ equity	2,034,476			2,405,579			3,127,607			1,039,699		(6,526,717		)	2,080,644
	$	1,569,229		$	3,276,420		$	4,773,769		$	1,087,162	$	(6,488,698	)	$	4,217,882

Condensed Consolidating Balance Sheet

As of May 31, 2012

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors		Eliminations			Cintas Corporation Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	58,737		$	229,287		$	51,801	$	—		$	339,825
Accounts receivable, net	—			327,442			81,243			42,176		—			450,861
Inventories, net	—			210,283			20,258			10,781		9,883			251,205
Uniforms and other rental items in service	—			337,298			101,435			35,051		(20,999		)	452,785
Income taxes, current	—			5,296			3,642			13,250		—			22,188
Prepaid expenses and other	—			7,905			12,770			4,029		—			24,704
Total current assets	—			946,961			448,635			157,088		(11,116		)	1,541,568
Property and equipment, at cost, net	—			600,565			259,744			83,996		—			944,305
Goodwill	—			—			1,419,535			65,840		—			1,485,375
Service contracts, net	—			71,337			326			5,159		—			76,822
Other assets, net	1,637,225			1,628,516			2,467,198			759,439		(6,379,542		)	112,836
	$	1,637,225		$	3,247,379		$	4,595,438		$	1,071,522	$	(6,390,658	)	$	4,160,906
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	(465,247	)	$	(475,624	)	$	978,932		$	18,760	$	38,019		$	94,840
Accrued compensation and related liabilities	—			63,797			21,619			5,798		—			91,214
Accrued liabilities	—			67,651			176,220			13,557		(786		)	256,642
Deferred tax (asset) liability	—			(538		)	(87		)	3,184		—			2,559
Long-term debt due within one year	—			225,866			(230		)	—		—			225,636
Total current liabilities	(465,247		)	(118,848		)	1,176,454			41,299		37,233			670,891
Long-term liabilities:
Long-term debt due after one year	—			1,068,820			(11,288		)	848		786			1,059,166
Deferred income taxes	—			(6		)	199,404			5,183		—			204,581
Accrued liabilities	—			—			86,406			727		—			87,133
Total long-term liabilities	—			1,068,814			274,522			6,758		786			1,350,880
Total shareholders’ equity	2,102,472			2,297,413			3,144,462			1,023,465		(6,428,677		)	2,139,135
	$	1,637,225		$	3,247,379		$	4,595,438		$	1,071,522	$	(6,390,658	)	$	4,160,906

Condensed Consolidating Statement of Cash Flows

Condensed Consolidating Statement of Cash Flows

Six Months Ended November 30, 2012

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Cash flows from operating activities:
Net income	$	154,760		$	50,563		$	103,498		$	5,939		$	(160,000	)	$	154,760
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation	—			48,061			26,608			6,652			—			81,321
Amortization of intangible assets	—			10,318			117			1,538			—			11,973
Stock-based compensation	11,084			—			—			—			—			11,084
Deferred income taxes	—			(1		)	54,959			287			—			55,245
Changes in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	—			(20,450		)	(7,242		)	3,164			—			(24,528		)
Inventories, net	—			9,838			(2,262		)	687			7,197			15,460
Uniforms and other rental items in service	—			(15,915		)	(8,877		)	(1,244		)	(2,069		)	(28,105		)
Prepaid expenses and other	—			152			(1,170		)	816			—			(202		)
Accounts payable	—			(41,309		)	63,503			825			—			23,019
Accrued compensation and related liabilities	—			(26,353		)	(9,260		)	(1,286		)	—			(36,899		)
Accrued liabilities	—			(7,450		)	(27,362		)	(2,438		)	786			(36,464		)
Income taxes payable	—			10,815			(8,365		)	(1,851		)	—			599
Net cash provided by (used in) operating activities	165,844			18,269			184,147			13,089			(154,086		)	227,263
Cash flows from investing activities:
Capital expenditures	—			(57,660		)	(29,923		)	(11,479		)	—			(99,062		)
Proceeds from redemption of marketable securities	—			—			1,065			40,388			—			41,453
Purchase of marketable securities and investments	—			557			(17,931		)	(64,295		)	1,615			(80,054		)
Acquisitions of businesses, net of cash acquired	—			(51,984		)	—			(1,259		)	—			(53,243		)
Other	(11,749		)	57,625			(201,693		)	1,887			153,257			(673		)
Net cash (used in) provided by investing activities	(11,749		)	(51,462		)	(248,482		)	(34,758		)	154,872			(191,579		)
Cash flows from financing activities:
Proceeds from issuance of debt	—			250,000			—			—			—			250,000
Repayment of debt	—			(225,542		)	1,016			—			(786		)	(225,312		)
Exercise of stock-based compensation awards	2,357			—			—			—			—			2,357
Repurchase of common stock	(159,175		)	—			—			—			—			(159,175		)
Other	2,723			(4,965		)	—			(234		)	—			(2,476		)
Net cash (used in) provided by financing activities	(154,095		)	19,493			1,016			(234		)	(786		)	(134,606		)
Effect of exchange rate changes on cash and cash equivalents	—			(1		)	1,485			100			—			1,584
Net decrease in cash and cash equivalents	—			(13,701		)	(61,834		)	(21,803		)	—			(97,338		)
Cash and cash equivalents at beginning of period	—			58,737			229,287			51,801			—			339,825
Cash and cash equivalents at end of period	$	—		$	45,036		$	167,453		$	29,998		$	—		$	242,487

Condensed Consolidating Statement of Cash Flows

Six Months Ended November 30, 2011

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Cash flows from operating activities:
Net income	$	142,988		$	63,011		$	77,548		$	5,061		$	(145,620	)	$	142,988
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation	—			47,021			23,527			6,374			—			76,922
Amortization of intangible assets	—			17,305			205			2,594			—			20,104
Stock-based compensation	9,756			—			—			—			—			9,756
Deferred income taxes	—			—			(12,396		)	629			—			(11,767		)
Changes in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	—			(14,793		)	(4,301		)	(1,756		)	—			(20,850		)
Inventories, net	—			(42,583		)	3,246			790			(721		)	(39,268		)
Uniforms and other rental items in service	—			(22,332		)	(9,748		)	(903		)	3,353			(29,630		)
Prepaid expenses and other	—			(974		)	(4,476		)	322			—			(5,128		)
Accounts payable	—			(51,087		)	42,294			10,636			—			1,843
Accrued compensation and related liabilities	—			(10,318		)	(4,813		)	(183		)	—			(15,314		)
Accrued liabilities	—			4,485			25,936			(4,919		)	804			26,306
Income taxes payable	—			8,586			10,178			1,232			—			19,996
Net cash provided by (used in) operating activities	152,744			(1,679		)	147,200			19,877			(142,184		)	175,958
Cash flows from investing activities:
Capital expenditures	—			(50,166		)	(23,731		)	(5,935		)	—			(79,832		)
Proceeds from redemption of marketable securities	—			—			—			140,162			—			140,162
Purchase of marketable securities and investments	—			(1,282		)	(33,394		)	(189,255		)	30,404			(193,527		)
Acquisitions of businesses, net of cash acquired	—			(9,831		)	(65		)	(4,655		)	—			(14,551		)
Other	109,311			52,721			(268,817		)	(27		)	112,584			5,772
Net cash provided by (used in) investing activities	109,311			(8,558		)	(326,007		)	(59,710		)	142,988			(141,976		)
Cash flows from financing activities:
Repayment of debt	—			(522		)	423			—			(804		)	(903		)
Exercise of stock-based compensation awards	78			—			—			—			—			78
Repurchase of common stock	(262,682		)	—			—			—			—			(262,682		)
Other	549			754			—			151			—			1,454
Net cash (used in) provided by financing activities	(262,055		)	232			423			151			(804		)	(262,053		)
Effect of exchange rate changes on cash and cash equivalents	—			(182		)	—			(2,081		)	—			(2,263		)
Net decrease in cash and cash equivalents	—			(10,187		)	(178,384		)	(41,763		)	—			(230,334		)
Cash and cash equivalents at beginning of period	—			54,957			313,283			69,866			—			438,106
Cash and cash equivalents at end of period	$	—		$	44,770		$	134,899		$	28,103		$	—		$	207,772