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Consolidated Condensed Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Nov. 30, 2016
Nov. 30, 2015
Nov. 30, 2016
Nov. 30, 2015
Revenue:        
Uniform rental and facility services $ 1,005,565 $ 937,704 $ 2,005,161 $ 1,876,112
Other 291,358 281,376 585,892 541,858
Total revenue 1,296,923 1,219,080 2,591,053 2,417,970
Costs and expenses:        
Cost of uniform rental and facility services 555,752 526,091 1,096,684 1,044,594
Cost of other 169,744 165,589 339,168 321,832
Selling and administrative expenses 365,222 327,051 739,248 665,688
G&K Services, Inc. transaction expenses 3,347 0 6,134 0
Operating income 202,858 200,349 409,819 385,856
Interest income (31) (111) (96) (230)
Interest expense 13,267 16,171 27,439 32,583
Income before income taxes 189,622 184,289 382,476 353,503
Income taxes 66,168 68,836 120,931 131,852
Income from continuing operations 123,454 115,453 261,545 221,651
Income from discontinued operations, net of tax expense of $8,953, $146,395, $8,953 and $142,976, respectively 16,923 229,647 16,923 223,630
Net income $ 140,377 $ 345,100 $ 278,468 $ 445,281
Basic earnings per share:        
Basic earnings per share, continuing operations (dollars per share) $ 1.16 $ 1.05 $ 2.45 $ 1.99
Basic earnings per share from discontinued operations (in dollars per share) 0.16 2.06 0.16 2.01
Basic earnings per share (dollars per share) 1.32 3.11 2.61 4.00
Diluted earnings per share:        
Diluted earnings per share, continuing operations (dollars per share) 1.13 1.03 2.39 1.96
Diluted earnings per share from discontinued operations (in dollars per share) 0.16 2.03 0.16 1.98
Diluted earnings per share (dollars per share) 1.29 3.06 2.55 3.94
Dividends declared per share (dollars per share) $ 1.33 $ 1.05 $ 1.33 $ 1.05