XML 65 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Condensed Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Nov. 30, 2014
May 31, 2014
Current assets:    
Cash and cash equivalents $ 826,724us-gaap_CashAndCashEquivalentsAtCarryingValue $ 513,288us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, net 510,153us-gaap_AccountsReceivableNetCurrent 508,427us-gaap_AccountsReceivableNetCurrent
Inventories, net 235,860us-gaap_InventoryNet 251,239us-gaap_InventoryNet
Uniforms and other rental items in service 528,332ctas_UniformsAndOtherRentalItemsInService 506,537ctas_UniformsAndOtherRentalItemsInService
Assets held for sale 21,320us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent 0us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
Prepaid expenses and other current assets 23,591us-gaap_PrepaidExpenseAndOtherAssetsCurrent 26,190us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 2,145,980us-gaap_AssetsCurrent 1,805,681us-gaap_AssetsCurrent
Property and equipment, at cost, net 845,127us-gaap_PropertyPlantAndEquipmentNet 855,702us-gaap_PropertyPlantAndEquipmentNet
Investments 456,864us-gaap_Investments 458,357us-gaap_Investments
Goodwill 1,189,360us-gaap_Goodwill 1,267,411us-gaap_Goodwill
Service contracts, net 41,590ctas_ServiceContractsFiniteLivedIntangibleAssetsNet 55,675ctas_ServiceContractsFiniteLivedIntangibleAssetsNet
Other assets, net 18,650us-gaap_OtherAssetsNoncurrent 19,626us-gaap_OtherAssetsNoncurrent
Total assets 4,697,571us-gaap_Assets 4,462,452us-gaap_Assets
Current liabilities:    
Accounts payable 171,629us-gaap_AccountsPayableCurrent 150,070us-gaap_AccountsPayableCurrent
Accrued compensation and related liabilities 60,448us-gaap_EmployeeRelatedLiabilitiesCurrent 85,026us-gaap_EmployeeRelatedLiabilitiesCurrent
Accrued liabilities 502,861us-gaap_AccruedLiabilitiesCurrent 299,727us-gaap_AccruedLiabilitiesCurrent
Income taxes, current 17,459us-gaap_AccruedIncomeTaxesCurrent 5,960us-gaap_AccruedIncomeTaxesCurrent
Deferred tax liability 98,313us-gaap_DeferredTaxLiabilitiesCurrent 88,845us-gaap_DeferredTaxLiabilitiesCurrent
Liabilities held for sale 1,054us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent 0us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
Long-term debt due within one year 0us-gaap_LongTermDebtCurrent 503us-gaap_LongTermDebtCurrent
Total current liabilities 851,764us-gaap_LiabilitiesCurrent 630,131us-gaap_LiabilitiesCurrent
Long-term liabilities:    
Long-term debt due after one year 1,300,000us-gaap_LongTermDebtNoncurrent 1,300,477us-gaap_LongTermDebtNoncurrent
Deferred income taxes 233,597us-gaap_DeferredTaxLiabilitiesNoncurrent 246,044us-gaap_DeferredTaxLiabilitiesNoncurrent
Accrued liabilities 108,876us-gaap_AccountsPayableAndAccruedLiabilitiesNoncurrent 92,942us-gaap_AccountsPayableAndAccruedLiabilitiesNoncurrent
Total long-term liabilities 1,642,473us-gaap_LiabilitiesNoncurrent 1,639,463us-gaap_LiabilitiesNoncurrent
Shareholders’ equity:    
Preferred stock, no par value: 100,000 shares authorized, none outstanding 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock, no par value: 425,000,000 shares authorized, FY 2015: 177,639,653 issued and 117,283,038 outstanding; FY 2014: 176,378,412 issued and 117,037,784 outstanding 309,915us-gaap_CommonStockValue 251,753us-gaap_CommonStockValue
Paid-in capital 133,173us-gaap_AdditionalPaidInCapitalCommonStock 134,939us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 4,027,464us-gaap_RetainedEarningsAccumulatedDeficit 3,998,893us-gaap_RetainedEarningsAccumulatedDeficit
Treasury stock: FY 2015: 60,356,615 shares; FY 2014: 59,340,628 shares (2,284,728)us-gaap_TreasuryStockValue (2,221,155)us-gaap_TreasuryStockValue
Accumulated other comprehensive income 17,510us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 28,428us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total shareholders’ equity 2,203,334us-gaap_StockholdersEquity 2,192,858us-gaap_StockholdersEquity
Total liabilities and shareholders' equity $ 4,697,571us-gaap_LiabilitiesAndStockholdersEquity $ 4,462,452us-gaap_LiabilitiesAndStockholdersEquity