Supplemental Guarantor Information (Tables)

6 Months Ended

Nov. 30, 2014

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Consolidating Income Statement

Three Months Ended November 30, 2014

(In thousands)



	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated

Revenue:
Rental uniforms and ancillary products	$	—	$	664,057		$	180,725		$	55,155		$	(34,509	)	$	865,428
Other services	—		362,596			8,224			19,488			(132,357		)	257,951
Equity in net income of affiliates	103,446		—			—			—			(103,446		)	—
	103,446		1,026,653			188,949			74,643			(270,312		)	1,123,379
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		405,805			103,225			37,924			(68,994		)	477,960
Cost of other services	—		245,641			(3,938		)	11,791			(89,499		)	163,995
Selling and administrative expenses	—		309,060			(20,210		)	18,450			(7,051		)	300,249
Operating income	103,446		66,147			109,872			6,478			(104,768		)	181,175

Interest income	—		(5		)	(15		)	—			1			(19		)
Interest expense	—		16,435			(497		)	(9		)	—			15,929

Income before income taxes	103,446		49,717			110,384			6,487			(104,769		)	165,265
Income taxes	—		18,598			41,639			1,601			(19		)	61,819
Income from continuing operations	103,446		31,119			68,745			4,886			(104,750		)	103,446

Income from discontinued operations, net of tax	16,966		15,215			—			1,751			(16,966		)	16,966

Net income	$	120,412	$	46,334		$	68,745		$	6,637		$	(121,716	)	$	120,412

Condensed Consolidating Income Statement

Three Months Ended November 30, 2013

(In thousands)



	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated

Revenue:
Rental uniforms and ancillary products	$	—	$	614,742		$	164,985		$	56,104		$	(31,515	)	$	804,316
Other services			410,548			9,165			23,948			(124,046		)	319,615
Equity in net income of affiliates	84,456		—			—			—			(84,456		)	—
	84,456		1,025,290			174,150			80,052			(240,017		)	1,123,931
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		390,215			96,831			39,465			(67,399		)	459,112
Cost of other services	—		268,458			(3,091		)	15,124			(82,751		)	197,740
Selling and administrative expenses	—		310,278			(10,963		)	20,546			(4,993		)	314,868
Operating income	84,456		56,339			91,373			4,917			(84,874		)	152,211

Interest income	—		(11		)	(72		)	(2		)	1			(84		)
Interest expense	—		16,468			16			1			—			16,485

Income before income taxes	84,456		39,882			91,429			4,918			(84,875		)	135,810
Income taxes	—		15,147			34,707			1,514			(14		)	51,354
Income from continuing operations	84,456		24,735			56,722			3,404			(84,861		)	84,456

Income (loss) from discontinued operations, net of tax	406		537			—			(131		)	(406		)	406

Net income	$	84,862	$	25,272		$	56,722		$	3,273		$	(85,267	)	$	84,862

Condensed Consolidating Income Statement

Six Months Ended November 30, 2014

(In thousands)



	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated

Revenue:
Rental uniforms and ancillary products	$	—	$	1,323,044		$	357,431		$	111,436		$	(69,611	)	$	1,722,300
Other services	—		705,963			15,180			36,812			(254,799		)	503,156
Equity in net income of affiliates	213,237		—			—			—			(213,237		)	—
	213,237		2,029,007			372,611			148,248			(537,647		)	2,225,456
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		804,077			207,384			75,900			(138,792		)	948,569
Cost of other services	—		473,880			(9,087		)	23,058			(170,334		)	317,517
Selling and administrative expenses	—		623,063			(33,164		)	37,524			(12,716		)	614,707
Operating income	213,237		127,987			207,478			11,766			(215,805		)	344,663

Gain on deconsolidation of Shredding business	—		6,619			—			—			—			6,619

Gain on sale of stock of an equity method investment	—		—			21,739			—			—			21,739

Interest income	—		(10		)	(63		)	—			1			(72		)
Interest expense (income)	—		32,844			(327		)	(5		)	—			32,512

Income before income taxes	213,237		101,772			229,607			11,771			(215,806		)	340,581
Income taxes	—		37,876			85,846			3,652			(30		)	127,344
Income from continuing operations	213,237		63,896			143,761			8,119			(215,776		)	213,237

Income from discontinued operations, net of tax	17,283		15,588			—			1,695			(17,283		)	17,283

Net income	$	230,520	$	79,484		$	143,761		$	9,814		$	(233,059	)	$	230,520

Condensed Consolidating Income Statement

Six Months Ended November 30, 2013

(In thousands)



	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated

Revenue:
Rental uniforms and ancillary products	$	—	$	1,220,500		$	327,550		$	111,069		$	(61,937	)	$	1,597,182
Other services	—		805,741			17,714			44,617			(241,077		)	626,995
Equity in net income of affiliates	161,854		—			—			—			(161,854		)	—
	161,854		2,026,241			345,264			155,686			(464,868		)	2,224,177
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		773,934			194,998			78,021			(133,110		)	913,843
Cost of other services	—		524,697			(6,214		)	28,344			(159,667		)	387,160
Selling and administrative expenses	—		614,383			(15,822		)	41,988			(9,198		)	631,351
Operating income	161,854		113,227			172,302			7,333			(162,893		)	291,823

Interest income	—		(19		)	(125		)	(14,696		)	14,688			(152		)
Interest expense	—		32,948			60			—			—			33,008

Income before income taxes	161,854		80,298			172,367			22,029			(177,581		)	258,967
Income taxes	—		30,136			64,688			2,333			(44		)	97,113
Income from continuing operations	161,854		50,162			107,679			19,696			(177,537		)	161,854

Income (loss) from discontinued operations, net of tax	762		791			—			(29		)	(762		)	762

Net income	$	162,616	$	50,953		$	107,679		$	19,667		$	(178,299	)	$	162,616

Condensed Consolidating Statement of Comprehensive Income

Three Months Ended November 30, 2014

(In thousands)



	Cintas Corporation		Corp. 2		Subsidiary Guarantors		Non- Guarantors			Eliminations			Cintas Corporation Consolidated

Net income	$	120,412	$	46,334	$	68,745	$	6,637		$	(121,716	)	$	120,412

Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	—		—		—		(9,778		)	—			(9,778		)
Change in fair value of derivatives	—		—		—		(21		)	—			(21		)
Amortization of interest rate lock agreements	—		488		—		—			—			488
Change in fair value of available-for-sale securities	—		—		—		3			—			3

Other comprehensive income (loss)	—		488		—		(9,796		)	—			(9,308		)

Comprehensive income (loss)	$	120,412	$	46,822	$	68,745	$	(3,159	)	$	(121,716	)	$	111,104

Condensed Consolidating Statement of Comprehensive Income

Three Months Ended November 30, 2013

(In thousands)



	Cintas Corporation		Corp. 2			Subsidiary Guarantors		Non- Guarantors			Eliminations			Cintas Corporation Consolidated

Net income	$	84,862	$	25,272		$	56,722	$	3,273		$	(85,267	)	$	84,862

Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	—		(2		)	—		2,042			—			2,040
Change in fair value of derivatives	—		—			—		(189		)	—			(189		)
Amortization of interest rate lock agreements	—		488			—		—			—			488
Change in fair value of available-for-sale securities	—		—			—		(4		)	—			(4		)

Other comprehensive income	—		486			—		1,849			—			2,335

Comprehensive income	$	84,862	$	25,758		$	56,722	$	5,122		$	(85,267	)	$	87,197

Condensed Consolidating Statement of Comprehensive Income

Six Months Ended November 30, 2014

(In thousands)



	Cintas Corporation		Corp. 2		Subsidiary Guarantors		Non- Guarantors			Eliminations			Cintas Corporation Consolidated

Net income	$	230,520	$	79,484	$	143,761	$	9,814		$	(233,059	)	$	230,520

Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	—		—		—		(11,893		)	—			(11,893		)
Change in fair value of derivatives	—		—		—		(4		)	—			(4		)
Amortization of interest rate lock agreements	—		976		—		—			—			976
Change in fair value of available-for-sale securities	—		—		—		3			—			3

Other comprehensive income (loss)	—		976		—		(11,894		)	—			(10,918		)

Comprehensive income (loss)	$	230,520	$	80,460	$	143,761	$	(2,080	)	$	(233,059	)	$	219,602

Condensed Consolidating Statement of Comprehensive Income

Six Months Ended November 30, 2013

(In thousands)



	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated

Net income	$	162,616	$	50,953		$	107,679		$	19,667		$	(178,299	)	$	162,616

Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	—		5			—			1,389			—			1,394
Change in fair value of derivatives	—		(189		)	—			—			—			(189		)
Amortization of interest rate lock agreements	—		976			—			—			—			976
Change in fair value of available-for-sale securities	—		—			(13		)	(5		)	—			(18		)

Other comprehensive income (loss)	—		792			(13		)	1,384			—			2,163

Comprehensive income	$	162,616	$	51,745		$	107,666		$	21,051		$	(178,299	)	$	164,779

Condensed Consolidating Balance Sheet

As of November 30, 2014

(In thousands)



	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	78,454		$	640,555		$	107,715		$	—		$	826,724
Accounts receivable, net	—			369,156			106,807			34,190			—			510,153
Inventories, net	—			205,260			17,486			9,994			3,120			235,860
Uniforms and other rental items in service	—			391,666			117,622			38,663			(19,619		)	528,332
Deferred tax asset (liability)	—			484			(484		)	—			—			—
Assets held for sale	—			21,320			—			—			—			21,320
Prepaid expenses and other current assets	—			4,798			17,696			1,097			—			23,591
Total current assets	—			1,071,138			899,682			191,659			(16,499		)	2,145,980

Property and equipment, at cost, net	—			511,671			257,085			76,371			—			845,127

Investments	321,083			2,083,114			891,165			949,301			(3,787,799		)	456,864
Goodwill	—			—			1,172,788			16,684			(112		)	1,189,360
Service contracts, net	—			41,531			42			17			—			41,590
Other assets, net	1,399,495			7,798			2,253,641			8,628			(3,650,912		)	18,650
	$	1,720,578		$	3,715,252		$	5,474,403		$	1,242,660		$	(7,455,322	)	$	4,697,571

Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	(465,246	)	$	(691,066	)	$	1,265,849		$	24,070		$	38,022		$	171,629
Accrued compensation and related liabilities	—			39,839			16,441			4,168			—			60,448
Accrued liabilities	—			67,586			423,483			11,792			—			502,861
Income taxes, current	—			10,396			6,596			467			—			17,459
Deferred tax liability	—			—			89,787			8,526			—			98,313
Liabilities held for sale	—			1,054			—			—			—			1,054
Long-term debt due within one year	—			292			(292		)	—			—			—
Total current liabilities	(465,246		)	(571,899		)	1,801,864			49,023			38,022			851,764

Long-term liabilities:
Long-term debt due after one year	—			1,308,842			(9,242		)	400			—			1,300,000
Deferred income taxes	—			(6		)	237,161			(3,558		)	—			233,597
Accrued liabilities	—			—			107,860			1,016			—			108,876
Total long-term liabilities	—			1,308,836			335,779			(2,142		)	—			1,642,473
Total shareholders’ equity	2,185,824			2,978,315			3,336,760			1,195,779			(7,493,344		)	2,203,334
	$	1,720,578		$	3,715,252		$	5,474,403		$	1,242,660		$	(7,455,322	)	$	4,697,571

Condensed Consolidating Balance Sheet

As of May 31, 2014

(In thousands)



	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	73,540		$	399,525		$	40,223		$	—		$	513,288
Accounts receivable, net	—			366,629			97,869			43,929			—			508,427
Inventories, net	—			215,974			20,745			9,650			4,870			251,239
Uniforms and other rental items in service	—			374,666			112,467			38,240			(18,836		)	506,537
Income taxes, current	—			1,549			(1,549		)	—			—			—
Prepaid expenses and other current assets	—			7,058			14,752			4,380			—			26,190
Total current assets	—			1,039,416			643,809			136,422			(13,966		)	1,805,681

Property and equipment, at cost, net	—			533,665			225,677			96,360			—			855,702

Investments	321,083			2,081,094			893,647			1,015,343			(3,852,810		)	458,357
Goodwill	—			—			1,211,716			55,807			(112		)	1,267,411
Service contracts, net	—			51,248			53			4,374			—			55,675
Other assets, net	1,378,100			8,900			2,189,527			9,044			(3,565,945		)	19,626
	$	1,699,183		$	3,714,323		$	5,164,429		$	1,317,350		$	(7,432,833	)	$	4,462,452

Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	(465,247	)	$	(545,526	)	$	1,092,545		$	30,281		$	38,017		$	150,070
Accrued compensation and related liabilities	—			56,581			22,590			5,855			—			85,026
Accrued liabilities	—			79,614			208,983			11,876			(746		)	299,727
Income taxes, current	—			—			4,915			1,045			—			5,960
Deferred tax liability	—			(510		)	80,575			8,780			—			88,845
Long-term debt due within one year	—			773			(270		)	—			—			503
Total current liabilities	(465,247		)	(409,068		)	1,409,338			57,837			37,271			630,131

Long-term liabilities:
Long-term debt due after one year	—			1,309,611			(10,380		)	500			746			1,300,477
Deferred income taxes	—			(6		)	251,924			(5,874		)	—			246,044
Accrued liabilities	—			—			92,069			873			—			92,942
Total long-term liabilities	—			1,309,605			333,613			(4,501		)	746			1,639,463
Total shareholders’ equity	2,164,430			2,813,786			3,421,478			1,264,014			(7,470,850		)	2,192,858
	$	1,699,183		$	3,714,323		$	5,164,429		$	1,317,350		$	(7,432,833	)	$	4,462,452

Condensed Consolidating Statement of Cash Flows

Six Months Ended November 30, 2014

(In thousands)



	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated

Cash flows from operating activities:
Net income	$	230,520		$	79,484		$	143,761		$	9,814		$	(233,059	)	$	230,520
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Depreciation	—			38,814			25,972			5,665			—			70,451
Amortization of intangible assets	—			7,251			27			424			—			7,702
Stock-based compensation	24,785			—			—			—			—			24,785
Gain on sale of Storage businesses	—			(31,113		)	—			(3,024		)	—			(34,137		)
Gain on deconsolidation of Shredding business	—			(6,619		)	—			—			—			(6,619		)
Gain on sale of stock of an equity method investment	—			—			(21,739		)	—			—			(21,739		)
Deferred income taxes				26			9,073			1,247			—			10,346
Changes in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	—			(6,468		)	(8,938		)	2,659			—			(12,747		)
Inventories, net	—			10,737			3,258			(898		)	1,750			14,847
Uniforms and other rental items in service	—			(17,000		)	(5,155		)	(2,101		)	783			(23,473		)
Prepaid expenses and other current assets	—			327			(2,943		)	(6		)	—			(2,622		)
Accounts payable	—			(144,224		)	171,596			605			5			27,982
Accrued compensation and related liabilities	—			(16,742		)	(6,148		)	(2,221		)	—			(25,111		)
Accrued liabilities	—			(8,174		)	28,401			3,807			746			24,780
Income taxes, current	—			11,945			(3,814		)	(523		)	—			7,608
Net cash provided by (used in) operating activities	255,305			(81,756		)	333,351			15,448			(229,775		)	292,573

Cash flows from investing activities:
Capital expenditures	—			(49,870		)	(57,388		)	(5,767		)	—			(113,025		)
Purchase of marketable securities and investments	—			(2,020		)	55,053			—			(65,011		)	(11,978		)
Proceeds from Storage transactions, net of cash contributed	—			93,387			—			60,609			—			153,996
Proceeds from Shredding transaction	—			3,344			—			—			—			3,344
Proceeds from sale of stock of an equity method investment	—			—			29,933			—			—			29,933
Dividends received on equity method investment	—			—			5,247			—			—			5,247
Acquisitions of businesses, net of cash acquired	—			(3,015		)	—			—			—			(3,015		)
Other, net	(214,210		)	44,502			(126,280		)	2,137			295,532			1,681
Net cash (used in) provided by investing activities	(214,210		)	86,328			(93,435		)	56,979			230,521			66,183

Cash flows from financing activities:
Repayment of debt	—			(634		)	1,114			(98		)	(746		)	(364		)
Exercise of stock-based compensation awards	22,478			—			—			(6		)	—			22,472
Repurchase of common stock	(63,573		)	—			—			—			—			(63,573		)
Other, net	—			976			—			782			—			1,758
Net cash provided by (used in) financing activities	(41,095		)	342			1,114			678			(746		)	(39,707		)

Effect of exchange rate changes on cash and cash equivalents	—			—			—			(5,613		)	—			(5,613		)

Net increase in cash and cash equivalents	—			4,914			241,030			67,492			—			313,436
Cash and cash equivalents at beginning of period	—			73,540			399,525			40,223			—			513,288
Cash and cash equivalents at end of period	$	—		$	78,454		$	640,555		$	107,715		$	—		$	826,724

Condensed Consolidating Statement of Cash Flows

Six Months Ended November 30, 2013

(In thousands)



	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated

Cash flows from operating activities:
Net income	$	162,616		$	50,953		$	107,679		$	19,667		$	(178,299	)	$	162,616
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Depreciation	—			51,331			26,590			7,259			—			85,180
Amortization of intangible assets	—			10,683			83			975			—			11,741
Stock-based compensation	14,624			—			—			—			—			14,624
Deferred income taxes	—			—			9,553			(254		)	—			9,299
Changes in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	—			(18,508		)	(3,886		)	(1,361		)	—			(23,755		)
Inventories, net	—			(15,354		)	5,503			506			113			(9,232		)
Uniforms and other rental items in service	—			(10,679		)	(1,888		)	(1,009		)	882			(12,694		)
Prepaid expenses	—			484			(3,146		)	886			—			(1,776		)
Accounts payable	—			(27,917		)	7,208			1,494			—			(19,215		)
Accrued compensation and related liabilities	—			(13,303		)	(5,217		)	(861		)	—			(19,381		)
Accrued liabilities	—			2,366			10,523			(2,269		)	767			11,387
Income taxes, current	—			13,163			1,038			(715		)	—			13,486
Net cash provided by operating activities	177,240			43,219			154,040			24,318			(176,537		)	222,280

Cash flows from investing activities:
Capital expenditures	—			(53,379		)	(17,113		)	(6,293		)	—			(76,785		)
Proceeds from redemption of marketable securities	—			—			5,659			39,455			—			45,114
Purchase of marketable securities and investments	—			(1,034		)	(35,506		)	(43,699		)	24,826			(55,413		)
Acquisitions of businesses, net of cash acquired	—			(12,364		)	(125		)	(20,025		)	—			(32,514		)
Other, net	(37,637		)	45,550			(146,725		)	(14,594		)	152,477			(929		)
Net cash used in investing activities	(37,637		)	(21,227		)	(193,810		)	(45,156		)	177,303			(120,527		)

Cash flows from financing activities:
Proceeds from issuance of debt	—			—			2,109			(2,109		)	—			—
Repayment of debt	—			(8,086		)	1,024			(8		)	(767		)	(7,837		)
Exercise of stock-based compensation awards	21,311			—			—			—			—			21,311
Repurchase of common stock	(164,200		)	—			—			—			—			(164,200		)
Other, net	3,286			976			—			2,061			—			6,323
Net cash (used in) provided by financing activities	(139,603		)	(7,110		)	3,133			(56		)	(767		)	(144,403		)

Effect of exchange rate changes on cash and cash equivalents	—			—			—			(289		)	—			(289		)

Net increase (decrease) in cash and cash equivalents	—			14,882			(36,637		)	(21,183		)	(1		)	(42,939		)
Cash and cash equivalents at beginning of period	—			54,511			247,070			50,692			—			352,273
Cash and cash equivalents at end of period	$	—		$	69,393		$	210,433		$	29,509		$	(1	)	$	309,334