XML 37 R26.htm IDEA: XBRL DOCUMENT v3.10.0.1
Goodwill, Service Contracts and Other Assets (Tables)
 6 Months Ended
Nov. 30, 2018
Goodwill, Service Contracts and Other Assets [Abstract]  
Changes in Carrying Amount of Goodwill by Operating Segment
Changes in the carrying amount of goodwill and service contracts for the six months ended November 30, 2018, by reportable operating segment and All Other, are as follows:
Goodwill (in thousands)
Uniform Rental
 and Facility Services
 
First Aid
 and Safety Services
 
All
Other
 
Total
 
 
 
 
 
 
 
 
Balance as of June 1, 2018
$
2,505,476

 
$
244,279

 
$
97,133

 
$
2,846,888

Goodwill acquired
15

 
—

 
5,092

 
5,107

Foreign currency translation
(6,233
)
 
(499
)
 
(19
)
 
(6,751
)
Balance as of November 30, 2018
$
2,499,258

 
$
243,780

 
$
102,206

 
$
2,845,244
Changes in the Carrying Amount of Service Contracts by Operating Segment
Service Contracts (in thousands)
Uniform Rental
 and Facility Services
 
First Aid
 and Safety Services
 
All
Other
 
Total
 
 

 
 

 
 

 
 

Balance as of June 1, 2018
$
492,067

 
$
27,294

 
$
26,407

 
$
545,768

Service contracts acquired
739

 
14

 
4,959

 
5,712

Service contracts amortization
(23,477
)
 
(1,926
)
 
(2,680
)
 
(28,083
)
Foreign currency translation
(1,845
)
 
(47
)
 
—

 
(1,892
)
Balance as of November 30, 2018
$
467,484

 
$
25,335

 
$
28,686

 
$
521,505
Information Regarding Service Contracts and Other Assets
Information regarding Cintas’ service contracts and other assets is as follows:
 
As of November 30, 2018
(In thousands)
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
 
 
 
 
 
Service contracts
$
928,010

 
$
406,505

 
$
521,505

 
 
 
 
 
 
Capitalized contract costs (1)
$
234,446

 
$
34,726

 
$
199,720

Noncompete and consulting agreements
42,116

 
40,190

 
1,926

Other
41,282

 
14,542

 
26,740

Total other assets
$
317,844

 
$
89,458

 
$
228,386

(1) The current portion of capitalized contract costs, included in prepaid expenses and other current assets on the consolidated condensed balance sheet as of November 30, 2018, is $67.0 million.
 
As of May 31, 2018
(In thousands)
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
 
 
 
 
 
Service contracts
$
924,978

 
$
379,210

 
$
545,768

 
 
 
 
 
 
Noncompete and consulting agreements
$
41,710

 
$
39,877

 
$
1,833

Other
38,787

 
11,305

 
27,482

Total other assets
$
80,497

 
$
51,182

 
$
29,315