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Goodwill, Service Contracts and Other Assets
9 Months Ended
Feb. 28, 2019
Goodwill, Service Contracts and Other Assets [Abstract]  
Goodwill, Service Contracts and Other Assets
Goodwill, Service Contracts and Other Assets
 
Changes in the carrying amount of goodwill and service contracts for the nine months ended February 28, 2019, 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
167

 

 
5,199

 
5,366

Foreign currency translation
(4,124
)
 
(329
)
 
(18
)
 
(4,471
)
Balance as of February 28, 2019
$
2,501,519

 
$
243,950

 
$
102,314

 
$
2,847,783


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
987

 
13

 
5,034

 
6,034

Service contracts amortization
(35,214
)
 
(2,876
)
 
(4,038
)
 
(42,128
)
Foreign currency translation
(1,229
)
 
(43
)
 

 
(1,272
)
Balance as of February 28, 2019
$
456,611

 
$
24,388

 
$
27,403

 
$
508,402



Information regarding Cintas’ service contracts and other assets is as follows:
 
As of February 28, 2019
(In thousands)
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
 
 
 
 
 
Service contracts
$
929,244

 
$
420,842

 
$
508,402

 
 
 
 
 
 
Capitalized contract costs (1)
$
255,998

 
$
52,736

 
$
203,262

Noncompete and consulting agreements
42,163

 
40,382

 
1,781

Other
48,989

 
16,181

 
32,808

Total other assets
$
347,150

 
$
109,299

 
$
237,851

(1) The current portion of capitalized contract costs, included in prepaid expenses and other current assets on the consolidated condensed balance sheet as of February 28, 2019, is $68.4 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



Amortization expense for service contracts and other assets for continuing operations was $33.7 million and $15.7 million for the three months ended February 28, 2019 and 2018, respectively. Amortization expense for service contracts and other assets for continuing operations was $99.9 million and $45.5 million for the nine months ended February 28, 2019 and 2018, respectively. Estimated amortization expense for service contracts and other assets, excluding any future acquisitions and commissions to be earned, for each of the next five full fiscal years and thereafter is $134.3 million, $128.3 million, $113.2 million, $101.1 million, $82.9 million and $329.4 million, respectively.