Supplemental Guarantor Information (Tables)

6 Months Ended

Nov. 30, 2016

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Consolidating Income Statement

Three Months Ended November 30, 2016

(In thousands)



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

Revenue:
Uniform rental and facility services	$	—	$	841,442	$	149,886		$	57,610		$	(43,373	)	$	1,005,565
Other	—		411,378		633			18,162			(138,815		)	291,358
Equity in net income of affiliates	140,377		—		—			—			(140,377		)	—
	140,377		1,252,820		150,519			75,772			(322,565		)	1,296,923
Costs and expenses (income):
Cost of uniform rental and facility services	—		487,653		94,323			37,603			(63,827		)	555,752
Cost of other	—		287,368		(19,549		)	13,636			(111,711		)	169,744
Selling and administrative expenses	—		401,715		(48,256		)	18,703			(6,940		)	365,222
G&K Services, Inc. transaction expenses	—		—		3,347			—			—			3,347
Operating income	140,377		76,084		120,654			5,830			(140,087		)	202,858

Interest income	—		—		(7		)	(25		)	1			(31		)
Interest expense (income)	—		14,528		(1,176		)	(85		)	—			13,267

Income before income taxes	140,377		61,556		121,837			5,940			(140,088		)	189,622
Income taxes	—		21,534		42,652			2,011			(29		)	66,168
Income from continuing operations	140,377		40,022		79,185			3,929			(140,059		)	123,454

Income from discontinued operations, net of tax	—		14,982		—			1,941			—			16,923

Net income from continuing operations	$	140,377	$	55,004	$	79,185		$	5,870		$	(140,059	)	$	140,377

Condensed Consolidating Income Statement

Three Months Ended November 30, 2015

(In thousands)



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

Revenue:
Uniform rental and facility services	$	—	$	786,386		$	136,707		$	53,674		$	(39,063	)	$	937,704
Other	—		394,260			737			17,516			(131,137		)	281,376
Equity in net income of affiliates	115,453		—			—			—			(115,453		)	—
	115,453		1,180,646			137,444			71,190			(285,653		)	1,219,080
Costs and expenses (income):
Cost of uniform rental and facility services	—		461,843			86,702			35,935			(58,389		)	526,091
Cost of other	—		277,841			(18,291		)	12,317			(106,278		)	165,589
Selling and administrative expenses	—		365,125			(49,482		)	16,140			(4,732		)	327,051
Operating income	115,453		75,837			118,515			6,798			(116,254		)	200,349

Interest income	—		(12		)	(68		)	(31		)	—			(111		)
Interest expense (income)	—		16,427			(256		)	—			—			16,171

Income before income taxes	115,453		59,422			118,839			6,829			(116,254		)	184,289
Income taxes	—		20,496			42,108			6,260			(28		)	68,836
Income from continuing operations	115,453		38,926			76,731			569			(116,226		)	115,453

Income (loss) from discontinued operations, net of tax	229,647		234,604			—			(4,957		)	(229,647		)	229,647

Net income (loss)	$	345,100	$	273,530		$	76,731		$	(4,388	)	$	(345,873	)	$	345,100

Condensed Consolidating Statement of Comprehensive Income

Three Months Ended November 30, 2016

(In thousands)



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

Net income	$	140,377		$	55,004	$	79,185	$	5,870		$	(140,059	)	$	140,377

Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	(7,650		)	—		—		(7,650		)	7,650			(7,650		)
Change in fair value of derivatives	26,390			26,390		—		—			(26,390		)	26,390
Amortization of interest rate lock agreements	385			385		—		—			(385		)	385
Change in fair value of available-for-sale securities	1			—		—		1			(1		)	1

Other comprehensive income (loss)	19,126			26,775		—		(7,649		)	(19,126		)	19,126

Comprehensive income (loss)	$	159,503		$	81,779	$	79,185	$	(1,779	)	$	(159,185	)	$	159,503

Condensed Consolidating Statement of Comprehensive Income

Three Months Ended November 30, 2015

(In thousands)



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

Net income (loss)	$	345,100	$	273,530	$	76,731	$	(4,388	)	$	(345,873	)	$	345,100

Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	—		—		—		(4,626		)	—			(4,626		)
Cumulative translation adjustment on Shred-it	—		5,875		—		597			—			6,472
Amortization of interest rate lock agreements	—		488		—		—			—			488
Change in fair value of available-for-sale securities	—		—		—		(10		)	—			(10		)

Other comprehensive income (loss)	—		6,363		—		(4,039		)	—			2,324

Comprehensive income (loss)	$	345,100	$	279,893	$	76,731	$	(8,427	)	$	(345,873	)	$	347,424

Condensed Consolidating Statement of Comprehensive Income

Six Months Ended November 30, 2016

(In thousands)



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

Net income	$	278,468		$	98,875	$	166,700	$	9,749		$	(275,324	)	$	278,468

Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	(7,535		)	—		—		(7,535		)	7,535			(7,535		)
Change in fair value of derivatives	14,353			14,353		—		—			(14,353		)	14,353
Amortization of interest rate lock agreements	770			770		—		—			(770		)	770

Other comprehensive income (loss)	7,588			15,123		—		(7,535		)	(7,588		)	7,588

Comprehensive income	$	286,056		$	113,998	$	166,700	$	2,214		$	(282,912	)	$	286,056

Condensed Consolidating Statement of Comprehensive Income

Six Months Ended November 30, 2015

(In thousands)



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

Net income (loss)	$	445,281	$	305,340	$	144,586	$	(2,249	)	$	(447,677	)	$	445,281

Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	—		—		—		(16,639		)	—			(16,639		)
Cumulative translation adjustment on Shred-it	—		5,875		—		597			—			6,472
Amortization of interest rate lock agreements	—		976		—		—			—			976
Change in fair value of available-for-sale securities	—		—		—		(18		)	—			(18		)

Other comprehensive income (loss)	—		6,851		—		(16,060		)	—			(9,209		)

Comprehensive income (loss)	$	445,281	$	312,191	$	144,586	$	(18,309	)	$	(447,677	)	$	436,072

Condensed Consolidating Balance Sheet

As of November 30, 2016

(In thousands)



	Cintas Corporation			Corp. 2			Subsidiary Guarantors		Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	46,561		$	2,425	$	94,587		$	—		$	143,573
Accounts receivable, net	—			467,396			104,330		35,726			—			607,452
Inventories, net	—			236,904			16,280		12,106			(1,989		)	263,301
Uniforms and other rental items in service	—			449,311			77,183		35,474			(18,324		)	543,644
Income taxes, current	—			—			1,233		(5		)	—			1,228
Prepaid expenses and other current assets	—			19,907			20,692		865			—			41,464
Total current assets	—			1,220,079			222,143		178,753			(20,313		)	1,600,662

Property and equipment, at cost, net	—			647,509			344,036		75,669			—			1,067,214

Investments	321,083			1,774,863			916,723		955,196			(3,827,335		)	140,530
Goodwill	—			—			1,261,755		39,748			(112		)	1,301,391
Service contracts, net	—			79,583			5		5,929			—			85,517
Other assets, net	1,381,960			4,209			3,402,717		8,949			(4,778,570		)	19,265
	$	1,703,043		$	3,726,243		$	6,147,379	$	1,264,244		$	(8,626,330	)	$	4,214,579

Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	(465,247	)	$	(1,759,953	)	$	2,297,808	$	17,092		$	38,115		$	127,815
Accrued compensation and related liabilities	2,819			60,811			16,936		5,291			—			85,857
Accrued liabilities	139,766			80,290			234,689		14,340			—			469,085
Debt due within one year	—			66,000			—		—			—			66,000
Total current liabilities	(322,662		)	(1,552,852		)	2,549,433		36,723			38,115			748,757

Long-term liabilities:
Debt due after one year	—			1,044,444			—		390			—			1,044,834
Deferred income taxes	—			(416		)	257,554		7,953			—			265,091
Accrued liabilities	—			—			129,042		1,150			—			130,192
Total long-term liabilities	—			1,044,028			386,596		9,493			—			1,440,117

Total shareholders’ equity	2,025,705			4,235,067			3,211,350		1,218,028			(8,664,445		)	2,025,705
	$	1,703,043		$	3,726,243		$	6,147,379	$	1,264,244		$	(8,626,330	)	$	4,214,579

Condensed Consolidating Balance Sheet

As of May 31, 2016

(In thousands)



	Cintas Corporation			Corp. 2			Subsidiary Guarantors		Non- Guarantors		Eliminations			Cintas Corporation Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	57,893		$	55,392	$	26,072	$	—		$	139,357
Marketable securities	—			—			—		70,405		—			70,405
Accounts receivable, net	—			430,335			97,516		35,327		—			563,178
Inventories, net	—			222,823			19,149		11,235		(3,845		)	249,362
Uniforms and other rental items in service	—			450,065			73,001		36,612		(19,722		)	539,956
Income taxes, current	—			(1,634		)	2,698		648		—			1,712
Prepaid expenses and other current assets	—			6,824			18,279		962		—			26,065
Total current assets	—			1,166,306			266,035		181,261		(23,567		)	1,590,035

Property and equipment, at cost, net	—			614,656			305,636		73,945		—			994,237

Investments	321,083			1,770,303			901,772		941,396		(3,809,602		)	124,952
Goodwill	—			—			1,256,662		35,043		(112		)	1,291,593
Service contracts, net	—			81,462			13		2,240		—			83,715
Other assets, net	1,081,203			(913		)	3,526,051		9,110		(4,601,168		)	14,283
	$	1,402,286		$	3,631,814		$	6,256,169	$	1,242,995	$	(8,434,449	)	$	4,098,815

Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	(465,247	)	$	(1,773,815	)	$	2,298,790	$	16,781	$	38,005		$	114,514
Accrued compensation and related liabilities	—			73,545			23,051		5,380		—			101,976
Accrued liabilities	—			84,270			251,217		13,578		—			349,065
Debt due within one year	—			250,000			—		—		—			250,000
Total current liabilities	(465,247		)	(1,366,000		)	2,573,058		35,739		38,005			815,555

Long-term liabilities:
Debt due after one year	—			1,044,032			—		390		—			1,044,422
Deferred income taxes	—			(427		)	252,149		7,753		—			259,475
Accrued liabilities	—			19,628			116,091		985		—			136,704
Total long-term liabilities	—			1,063,233			368,240		9,128		—			1,440,601

Total shareholders’ equity	1,867,533			3,934,581			3,314,871		1,198,128		(8,472,454		)	1,842,659
	$	1,402,286		$	3,631,814		$	6,256,169	$	1,242,995	$	(8,434,449	)	$	4,098,815

Condensed Consolidating Statement of Cash Flows

Six Months Ended November 30, 2016

(In thousands)



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

Cash flows from operating activities:
Net income	$	278,468		$	98,875		$	166,700		$	9,749		$	(275,324	)	$	278,468
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Depreciation	—			52,259			22,412			4,919			—			79,590
Amortization of intangible assets	—			6,847			175			438			—			7,460
Stock-based compensation	39,582			—			—			—			—			39,582
Gain on Shred-it	—			(23,935		)	—			(1,941		)	—			(25,876		)
Deferred income taxes	—			(9,578		)	5,395			350			—			(3,833		)
Changes in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	—			(36,939		)	(6,813		)	(1,168		)	—			(44,920		)
Inventories, net	—			(14,038		)	2,871			(1,593		)	(1,856		)	(14,616		)
Uniforms and other rental items in service	—			754			(4,182		)	511			(1,398		)	(4,315		)
Prepaid expenses and other current assets	—			412			(2,411		)	47			—			(1,952		)
Accounts payable	—			23,367			(10,857		)	2,831			110			15,451
Accrued compensation and related liabilities	2,819			(12,734		)	(8,935		)	(86		)	—			(18,936		)
Accrued liabilities and other	139,766			3,711			(148,384		)	41			—			(4,866		)
Income taxes, current	—			(1,635		)	1,460			659			—			484
Net cash provided by operating activities	460,635			87,366			17,431			14,757			(278,468		)	301,721

Cash flows from investing activities:
Capital expenditures	—			(85,207		)	(60,837		)	(9,129		)	—			(155,173		)
Proceeds from redemption of marketable securities	—			—			—			172,968			—			172,968
Purchase of marketable securities and investments	—			(4,560		)	(28,751		)	(102,692		)	17,733			(118,270		)
Proceeds from sale of investment in Shred-it	—			23,935			—			1,941			—			25,876
Acquisitions of businesses, net of cash acquired	—			(7,245		)	—			(10,533		)	—			(17,778		)
Other, net	(460,630		)	177,446			21,190			1,591			260,735			332
Net cash (used in) provided by investing activities	(460,630		)	104,369			(68,398		)	54,146			278,468			(92,045		)

Cash flows from financing activities:
Proceeds from issuance of commercial paper, net	—			66,000			—			—			—			66,000
Proceeds from issuance of debt	—			—			(2,000		)	2,000			—			—
Repayment of debt	—			(250,000		)	—			—			—			(250,000		)
Prepaid short-term debt financing fees	—			(13,495		)	—			—			—			(13,495		)
Proceeds from exercise of stock-based compensation awards	19,225			—			—			—			—			19,225
Repurchase of common stock	(19,230		)	—			—			—			—			(19,230		)
Other, net	—			(5,572		)	—			—			—			(5,572		)
Net cash (used in) provided by financing activities	(5		)	(203,067		)	(2,000		)	2,000			—			(203,072		)

Effect of exchange rate changes on cash and cash equivalents	—			—			—			(2,388		)	—			(2,388		)

Net (decrease) increase in cash and cash equivalents	—			(11,332		)	(52,967		)	68,515			—			4,216
Cash and cash equivalents at beginning of period	—			57,893			55,392			26,072			—			139,357
Cash and cash equivalents at end of period	$	—		$	46,561		$	2,425		$	94,587		$	—		$	143,573

Condensed Consolidating Statement of Cash Flows

Six Months Ended November 30, 2015

(In thousands)



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

Cash flows from operating activities:
Net income (loss)	$	445,281		$	305,340		$	144,586		$	(2,249	)	$	(447,677	)	$	445,281
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Depreciation	—			46,231			22,231			4,668			—			73,130
Amortization of intangible assets	—			7,248			337			179			—			7,764
Stock-based compensation	40,241			—			—			—			—			40,241
Gain on Storage transactions	—			(12,547		)	—			(3,239		)	—			(15,786		)
(Gain) loss on Shred-it	—			(362,237		)	—			12,499			—			(349,738		)
Deferred income taxes	—			(93,097		)	(6,913		)	1,587			—			(98,423		)
Changes in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	—			(24,824		)	(13,014		)	(1,580		)	—			(39,418		)
Inventories, net	—			(20,021		)	(2,049		)	(365		)	2,594			(19,841		)
Uniforms and other rental items in service	—			(6,851		)	(2,319		)	(1,530		)	(193		)	(10,893		)
Prepaid expenses and other current assets	—			128			(2,534		)	37			—			(2,369		)
Accounts payable	—			(388,996		)	403,502			4,872			(10		)	19,368
Accrued compensation and related liabilities	—			(18,569		)	(3,520		)	(682		)	—			(22,771		)
Accrued liabilities and other	—			685			976			(1,344		)	724			1,041
Income taxes, current	—			231,042			6,309			100			—			237,451
Net cash provided by (used in) operating activities	485,522			(336,468		)	547,592			12,953			(444,562		)	265,037

Cash flows from investing activities:
Capital expenditures	—			(67,463		)	(47,537		)	(6,817		)	—			(121,817		)
Proceeds from redemption of marketable securities	—			—			—			212,081			—			212,081
Purchase of marketable securities and investments	—			(3,437		)	(7,549		)	(264,365		)	4,010			(271,341		)
Proceeds from Storage transactions, net of cash acquired	—			32,099			—			3,239			—			35,338
Proceeds from sale of Shred-it	—			565,643			—			12,614			—			578,257
Acquisitions of businesses, net of cash acquired	—			(96,465		)	—			(24,772		)	—			(121,237		)
Other, net	(100,673		)	(60,133		)	(278,564		)	81			441,276			1,987
Net cash (used in) provided by investing activities	(100,673		)	370,244			(333,650		)	(67,939		)	445,286			313,268

Cash flows from financing activities:
Proceeds from issuance of debt	—			—			(55		)	55			—			—
Repayment of debt	—			(309		)	1,053			(36		)	(724		)	(16		)
Exercise of stock-based compensation awards	17,444			—			—			—			—			17,444
Repurchase of common stock	(402,293		)	—			—			—			—			(402,293		)
Other, net	—			976			—			(330		)	—			646
Net cash (used in) provided by financing activities	(384,849		)	667			998			(311		)	(724		)	(384,219		)

Effect of exchange rate changes on cash and cash equivalents	—			—			—			(4,374		)	—			(4,374		)

Net increase (decrease) in cash and cash equivalents	—			34,443			214,940			(59,671		)	—			189,712
Cash and cash equivalents at beginning of period	—			74,632			248,716			93,725			—			417,073
Cash and cash equivalents at end of period	$	—		$	109,075		$	463,656		$	34,054		$	—		$	606,785