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Earnings Per Share (Tables)
6 Months Ended
Nov. 30, 2013
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share
The following table sets forth the computation of basic and diluted earnings per share using the two-class method for amounts attributable to Cintas’ common shares: 
 
Three Months Ended
 
Six Months Ended
(In thousands except per share data)
November 30,
2013
 
November 30,
2012
 
November 30,
2013
 
November 30,
2012
Basic Earnings per Share
 

 
 

 
 
 
 
Net income
$
84,862

 
$
78,027

 
$
162,616

 
$
154,760

 
 
 
 
 
 
 
 
Less dividends to:
 
 
 
 
 
 
 
     Common shares
$
92,229

 
$
78,866

 
$
92,229

 
$
78,866

     Unvested shares
1,091

 
878

 
1,091

 
878

Total dividends
$
93,320

 
$
79,744

 
$
93,320

 
$
79,744

 
 
 
 
 
 
 
 
Undistributed net (loss) income
$
(8,458
)
 
$
(1,717
)
 
$
69,296

 
$
75,016

 
 
 
 
 
 
 
 
Less: net (loss) income allocated to
   participating unvested securities
(59
)
 
(8
)
 
482

 
409

 
 
 
 
 
 
 
 
Net (loss) income available to common
   shareholders
$
(8,399
)
 
$
(1,709
)
 
$
68,814

 
$
74,607

 
 
 
 
 
 
 
 
Basic weighted average common shares outstanding
119,907

 
124,185

 
121,025

 
125,153

 
 
 
 
 
 
 
 
Basic earnings per common share:
 
 
 
 
 
 
 
Common shares - distributed earnings
$
0.77

 
$
0.64

 
$
0.77

 
$
0.64

Common shares - undistributed earnings
(0.06
)
 
(0.01
)
 
0.57

 
0.60

    Total common shares
$
0.71

 
$
0.63

 
$
1.34

 
$
1.24

 
 
 
 
 
 
 
 
Unvested shares - distributed earnings
$
0.77

 
$
0.64

 
$
0.77

 
$
0.64

Unvested shares - undistributed earnings
(0.06
)
 
(0.01
)
 
0.57

 
0.60

    Total unvested shares
$
0.71

 
$
0.63

 
$
1.34

 
$
1.24

 
 
 
 
 
 
 
 
 
 
Three Months Ended
 
Six Months Ended
(In thousands except per share data)
November 30,
2013
 
November 30,
2012
 
November 30,
2013
 
November 30,
2012
Diluted Earnings per Share
 

 
 

 
 
 
 
Net income
$
84,862

 
$
78,027

 
$
162,616

 
$
154,760

 
 
 
 
 
 
 
 
Less dividends to:
 
 
 
 
 
 
 
    Common shares
$
92,229

 
$
78,866

 
$
92,229

 
$
78,866

    Unvested shares
1,091

 
878

 
1,091

 
878

Total dividends
$
93,320

 
$
79,744

 
$
93,320

 
$
79,744

 
 
 
 
 
 
 
 
Undistributed net (loss) income
$
(8,458
)
 
$
(1,717
)
 
$
69,296

 
$
75,016

 
 
 
 
 
 
 
 
Less: net (loss) income allocated to participating unvested securities
(59
)
 
(8
)
 
482

 
409

 
 
 
 
 
 
 
 
Net (loss) income available to common
   shareholders
$
(8,399
)
 
$
(1,709
)
 
$
68,814

 
$
74,607

 
 
 
 
 
 
 
 
Basic weighted average common shares outstanding
119,907

 
124,185

 
121,025

 
125,153

 
 
 
 
 
 
 
 
Effect of dilutive securities – employee stock options
1,143

 
424

 
991

 
388

 
 
 
 
 
 
 
 
Diluted weighted average common shares outstanding
121,050

 
124,609

 
122,016

 
125,541

 
 
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
 
 
Common shares - distributed earnings
$
0.77

 
$
0.64

 
$
0.77

 
$
0.64

Common shares - undistributed earnings
(0.07
)
 
(0.01
)
 
0.56

 
0.59

    Total common shares
$
0.70

 
$
0.63

 
$
1.33

 
$
1.23

 
 
 
 
 
 
 
 
Unvested shares - distributed earnings
$
0.77

 
$
0.64

 
$
0.77

 
$
0.64

Unvested shares - undistributed earnings
(0.07
)
 
(0.01
)
 
0.56

 
0.59

    Total unvested shares
$
0.70

 
$
0.63

 
$
1.33

 
$
1.23