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Leases (Tables)
6 Months Ended
Nov. 30, 2019
Leases [Abstract]  
Operating Lease Cost and Additional Lease Information
The following table provides supplemental information related to the Company's consolidated condensed statement of cash flows for the six months ended November 30, 2019:
(In thousands)
 
November 30,
2019
 
 
 
Cash paid for amounts included in the measurement of operating lease liabilities
 
$
24,927

Operating lease right-of-use assets obtained in exchange for new operating lease liabilities
 
$
24,770


Other information related to the operating lease right-of-use assets, net and operating lease liabilities was as follows:
 
 
November 30,
2019
 
 
 
Weighted-average remaining lease term - operating leases
 
5.35 years
Weighted-average discount rate - operating leases
 
2.71%

Contractual Future Minimum Lease Payments of Operating Lease Liabilities
The contractual future minimum lease payments of Cintas' operating lease liabilities by fiscal year are as follows as of November 30, 2019:
(In thousands)
 
 
 
 
 
2020 (remaining six months)
 
$
24,836

2021
 
44,642

2022
 
35,528

2023
 
27,414

2024
 
18,313

Thereafter
 
37,869

Total payments
 
188,602

Less interest
 
(13,759
)
Total present value of lease payments
 
$
174,843