XML 66 R55.htm IDEA: XBRL DOCUMENT v3.6.0.2
Supplemental Guarantor Information - Condensed Consolidating Balance Sheet (Details) - USD ($)
$ in Thousands
Nov. 30, 2016
May 31, 2016
Nov. 30, 2015
May 31, 2015
Current assets:        
Cash and cash equivalents $ 143,573 $ 139,357 $ 606,785 $ 417,073
Marketable securities 0 70,405    
Accounts receivable, net 607,452 563,178    
Inventories, net 263,301 249,362    
Uniforms and other rental items in service 543,644 539,956    
Income taxes, current 1,228 1,712    
Prepaid expenses and other current assets 41,464 26,065    
Total current assets 1,600,662 1,590,035    
Property and equipment, at cost, net 1,067,214 994,237    
Investments 140,530 124,952    
Goodwill 1,301,391 1,291,593    
Service contracts, net 85,517 83,715    
Other assets, net 19,265 14,283    
Total assets 4,214,579 4,098,815 4,444,610  
Current liabilities:        
Accounts payable 127,815 114,514    
Accrued compensation and related liabilities 85,857 101,976    
Accrued liabilities 469,085 349,065    
Debt due within one year 66,000 250,000    
Total current liabilities 748,757 815,555    
Long-term liabilities:        
Debt due after one year 1,044,834 1,044,422    
Deferred income taxes 265,091 259,475    
Accrued liabilities 130,192 136,704    
Total long-term liabilities 1,440,117 1,440,601    
Total shareholders’ equity 2,025,705 1,842,659    
Total liabilities and shareholders' equity 4,214,579 4,098,815    
Eliminations        
Current assets:        
Cash and cash equivalents 0 0 0 0
Marketable securities   0    
Accounts receivable, net 0 0    
Inventories, net (1,989) (3,845)    
Uniforms and other rental items in service (18,324) (19,722)    
Income taxes, current 0 0    
Prepaid expenses and other current assets 0 0    
Total current assets (20,313) (23,567)    
Property and equipment, at cost, net 0 0    
Investments (3,827,335) (3,809,602)    
Goodwill (112) (112)    
Service contracts, net 0 0    
Other assets, net (4,778,570) (4,601,168)    
Total assets (8,626,330) (8,434,449)    
Current liabilities:        
Accounts payable 38,115 38,005    
Accrued compensation and related liabilities 0 0    
Accrued liabilities 0 0    
Debt due within one year 0 0    
Total current liabilities 38,115 38,005    
Long-term liabilities:        
Debt due after one year 0 0    
Deferred income taxes 0 0    
Accrued liabilities 0 0    
Total long-term liabilities 0 0    
Total shareholders’ equity (8,664,445) (8,472,454)    
Total liabilities and shareholders' equity (8,626,330) (8,434,449)    
Cintas Corporation        
Current assets:        
Cash and cash equivalents 0 0 0 0
Marketable securities   0    
Accounts receivable, net 0 0    
Inventories, net 0 0    
Uniforms and other rental items in service 0 0    
Income taxes, current 0 0    
Prepaid expenses and other current assets 0 0    
Total current assets 0 0    
Property and equipment, at cost, net 0 0    
Investments 321,083 321,083    
Goodwill 0 0    
Service contracts, net 0 0    
Other assets, net 1,381,960 1,081,203    
Total assets 1,703,043 1,402,286    
Current liabilities:        
Accounts payable (465,247) (465,247)    
Accrued compensation and related liabilities 2,819 0    
Accrued liabilities 139,766 0    
Debt due within one year 0 0    
Total current liabilities (322,662) (465,247)    
Long-term liabilities:        
Debt due after one year 0 0    
Deferred income taxes 0 0    
Accrued liabilities 0 0    
Total long-term liabilities 0 0    
Total shareholders’ equity 2,025,705 1,867,533    
Total liabilities and shareholders' equity 1,703,043 1,402,286    
Corp. 2        
Current assets:        
Cash and cash equivalents 46,561 57,893 109,075 74,632
Marketable securities   0    
Accounts receivable, net 467,396 430,335    
Inventories, net 236,904 222,823    
Uniforms and other rental items in service 449,311 450,065    
Income taxes, current 0 (1,634)    
Prepaid expenses and other current assets 19,907 6,824    
Total current assets 1,220,079 1,166,306    
Property and equipment, at cost, net 647,509 614,656    
Investments 1,774,863 1,770,303    
Goodwill 0 0    
Service contracts, net 79,583 81,462    
Other assets, net 4,209 (913)    
Total assets 3,726,243 3,631,814    
Current liabilities:        
Accounts payable (1,759,953) (1,773,815)    
Accrued compensation and related liabilities 60,811 73,545    
Accrued liabilities 80,290 84,270    
Debt due within one year 66,000 250,000    
Total current liabilities (1,552,852) (1,366,000)    
Long-term liabilities:        
Debt due after one year 1,044,444 1,044,032    
Deferred income taxes (416) (427)    
Accrued liabilities 0 19,628    
Total long-term liabilities 1,044,028 1,063,233    
Total shareholders’ equity 4,235,067 3,934,581    
Total liabilities and shareholders' equity 3,726,243 3,631,814    
Subsidiary Guarantors        
Current assets:        
Cash and cash equivalents 2,425 55,392 463,656 248,716
Marketable securities   0    
Accounts receivable, net 104,330 97,516    
Inventories, net 16,280 19,149    
Uniforms and other rental items in service 77,183 73,001    
Income taxes, current 1,233 2,698    
Prepaid expenses and other current assets 20,692 18,279    
Total current assets 222,143 266,035    
Property and equipment, at cost, net 344,036 305,636    
Investments 916,723 901,772    
Goodwill 1,261,755 1,256,662    
Service contracts, net 5 13    
Other assets, net 3,402,717 3,526,051    
Total assets 6,147,379 6,256,169    
Current liabilities:        
Accounts payable 2,297,808 2,298,790    
Accrued compensation and related liabilities 16,936 23,051    
Accrued liabilities 234,689 251,217    
Debt due within one year 0 0    
Total current liabilities 2,549,433 2,573,058    
Long-term liabilities:        
Debt due after one year 0 0    
Deferred income taxes 257,554 252,149    
Accrued liabilities 129,042 116,091    
Total long-term liabilities 386,596 368,240    
Total shareholders’ equity 3,211,350 3,314,871    
Total liabilities and shareholders' equity 6,147,379 6,256,169    
Non- Guarantors        
Current assets:        
Cash and cash equivalents 94,587 26,072 $ 34,054 $ 93,725
Marketable securities   70,405    
Accounts receivable, net 35,726 35,327    
Inventories, net 12,106 11,235    
Uniforms and other rental items in service 35,474 36,612    
Income taxes, current (5) 648    
Prepaid expenses and other current assets 865 962    
Total current assets 178,753 181,261    
Property and equipment, at cost, net 75,669 73,945    
Investments 955,196 941,396    
Goodwill 39,748 35,043    
Service contracts, net 5,929 2,240    
Other assets, net 8,949 9,110    
Total assets 1,264,244 1,242,995    
Current liabilities:        
Accounts payable 17,092 16,781    
Accrued compensation and related liabilities 5,291 5,380    
Accrued liabilities 14,340 13,578    
Debt due within one year 0 0    
Total current liabilities 36,723 35,739    
Long-term liabilities:        
Debt due after one year 390 390    
Deferred income taxes 7,953 7,753    
Accrued liabilities 1,150 985    
Total long-term liabilities 9,493 9,128    
Total shareholders’ equity 1,218,028 1,198,128    
Total liabilities and shareholders' equity $ 1,264,244 $ 1,242,995