G&K Services, Inc. Integration Expenses

3 Months Ended

Aug. 31, 2019

Business Combinations [Abstract]

G&K Services, Inc. Integration Expenses

G&K Services, Inc. Integration Expenses

As a result of the acquisition of G&K in fiscal 2017, the Company incurred $4.9 million in expenses during the three months ended August 31, 2018, which represented integration expenses directly related to the acquisition, primarily facility closure expenses. No such costs were incurred during the three months ended August 31, 2019.

As of August 31, 2019 and May 31, 2019, employee termination benefits included in accrued compensation and related liabilities on the consolidated condensed balance sheet was $2.7 million and $2.8 million, respectively. The amount of employee termination benefits paid during the three months ended August 31, 2019 and 2018 was $0.1 million and $2.4 million, respectively. We anticipate the remaining accrued employee termination benefits will be paid by the end of this fiscal year.