XML 66 R55.htm IDEA: XBRL DOCUMENT v3.7.0.1
Supplemental Guarantor Information - Consolidating Condensed Income Statement (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Feb. 28, 2017
Feb. 29, 2016
Feb. 28, 2017
Feb. 29, 2016
Revenue:        
Uniform rental and facility services $ 993,398 $ 936,565 $ 2,998,559 $ 2,812,677
Other 287,737 279,518 873,629 821,376
Equity in net income of affiliates 0 0 0 0
Total revenue 1,281,135 1,216,083 3,872,188 3,634,053
Costs and expenses (income):        
Cost of uniform rental and facility services 546,538 524,656 1,643,222 1,569,250
Cost of other 168,173 166,819 507,341 488,651
Selling and administrative expenses 362,385 331,656 1,101,633 997,344
G&K Services, Inc. transaction expenses 9,344 0 15,478 0
Operating income 194,695 192,952 604,514 578,808
Interest income (11) (335) (107) (565)
Interest expense (income) 13,696 16,163 41,135 48,746
Income before income taxes 181,010 177,124 563,486 530,627
Income taxes 62,363 59,845 183,294 191,697
Income from continuing operations 118,647 117,279 380,192 338,930
(Loss) income from discontinued operations, net of tax (642) 62 16,281 223,692
Net income 118,005 117,341 396,473 562,622
Eliminations        
Revenue:        
Uniform rental and facility services (37,583) (36,421) (125,445) (114,682)
Other (132,882) (126,592) (407,254) (385,962)
Equity in net income of affiliates (118,005) (117,279) (396,473) (338,930)
Total revenue (288,470) (280,292) (929,172) (839,574)
Costs and expenses (income):        
Cost of uniform rental and facility services (58,616) (57,259) (188,353) (174,370)
Cost of other (105,440) (97,151) (326,648) (303,026)
Selling and administrative expenses (6,802) (6,855) (21,181) (19,051)
G&K Services, Inc. transaction expenses 0   0  
Operating income (117,612) (119,027) (392,990) (343,127)
Interest income 1 2 2 2
Interest expense (income) 0 0 0 0
Income before income taxes (117,613) (119,029) (392,992) (343,129)
Income taxes (20) (29) (75) (82)
Income from continuing operations (117,593) (119,000) (392,917) (343,047)
(Loss) income from discontinued operations, net of tax 0 (62) 0 (223,692)
Net income (117,593) (119,062) (392,917) (566,739)
Cintas Corporation        
Revenue:        
Uniform rental and facility services 0 0 0 0
Other 0 0 0 0
Equity in net income of affiliates 118,005 117,279 396,473 338,930
Total revenue 118,005 117,279 396,473 338,930
Costs and expenses (income):        
Cost of uniform rental and facility services 0 0 0 0
Cost of other 0 0 0 0
Selling and administrative expenses 0 0 0 0
G&K Services, Inc. transaction expenses 0   0  
Operating income 118,005 117,279 396,473 338,930
Interest income 0 0 0 0
Interest expense (income) 0 0 0 0
Income before income taxes 118,005 117,279 396,473 338,930
Income taxes 0 0 0 0
Income from continuing operations 118,005 117,279 396,473 338,930
(Loss) income from discontinued operations, net of tax 0 62 0 223,692
Net income 118,005 117,341 396,473 562,622
Corp. 2        
Revenue:        
Uniform rental and facility services 826,606 784,876 2,505,322 2,358,431
Other 403,650 390,207 1,225,276 1,157,078
Equity in net income of affiliates 0 0 0 0
Total revenue 1,230,256 1,175,083 3,730,598 3,515,509
Costs and expenses (income):        
Cost of uniform rental and facility services 476,004 460,124 1,442,713 1,377,174
Cost of other 280,600 270,627 847,992 807,458
Selling and administrative expenses 399,769 364,555 1,213,418 1,099,373
G&K Services, Inc. transaction expenses 0   0  
Operating income 73,883 79,777 226,475 231,504
Interest income (2) (7) (2) (19)
Interest expense (income) 14,981 16,350 44,336 49,152
Income before income taxes 58,904 63,434 182,141 182,371
Income taxes 20,197 21,223 59,541 64,101
Income from continuing operations 38,707 42,211 122,600 118,270
(Loss) income from discontinued operations, net of tax (1,098) 74 13,884 229,355
Net income 37,609 42,285 136,484 347,625
Subsidiary Guarantors        
Revenue:        
Uniform rental and facility services 147,293 137,347 446,327 410,479
Other 297 951 1,898 2,981
Equity in net income of affiliates 0 0 0 0
Total revenue 147,590 138,298 448,225 413,460
Costs and expenses (income):        
Cost of uniform rental and facility services 92,273 87,735 277,268 260,635
Cost of other (19,449) (18,056) (53,929) (50,603)
Selling and administrative expenses (51,465) (43,503) (150,455) (134,457)
G&K Services, Inc. transaction expenses 9,344   15,478  
Operating income 116,887 112,122 359,863 337,885
Interest income (6) (262) (30) (378)
Interest expense (income) (1,193) (207) (3,071) (425)
Income before income taxes 118,086 112,591 362,964 338,688
Income taxes 40,474 37,533 118,652 119,044
Income from continuing operations 77,612 75,058 244,312 219,644
(Loss) income from discontinued operations, net of tax 447 0 447 0
Net income 78,059 75,058 244,759 219,644
Non- Guarantors        
Revenue:        
Uniform rental and facility services 57,082 50,763 172,355 158,449
Other 16,672 14,952 53,709 47,279
Equity in net income of affiliates 0 0 0 0
Total revenue 73,754 65,715 226,064 205,728
Costs and expenses (income):        
Cost of uniform rental and facility services 36,877 34,056 111,594 105,811
Cost of other 12,462 11,399 39,926 34,822
Selling and administrative expenses 20,883 17,459 59,851 51,479
G&K Services, Inc. transaction expenses 0   0  
Operating income 3,532 2,801 14,693 13,616
Interest income (4) (68) (77) (170)
Interest expense (income) (92) 20 (130) 19
Income before income taxes 3,628 2,849 14,900 13,767
Income taxes 1,712 1,118 5,176 8,634
Income from continuing operations 1,916 1,731 9,724 5,133
(Loss) income from discontinued operations, net of tax 9 (12) 1,950 (5,663)
Net income $ 1,925 $ 1,719 $ 11,674 $ (530)