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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2019
May 31, 2019
Current assets:    
Cash and cash equivalents $ 226,535 $ 96,645
Accounts receivable, net 949,122 910,120
Inventories, net 348,304 334,589
Uniforms and other rental items in service 817,859 784,133
Income taxes, current 24,878 7,475
Prepaid expenses and other current assets 123,589 103,318
Total current assets 2,490,287 2,236,280
Property and equipment, net 1,425,584 1,430,685
Investments 218,873 192,346
Goodwill 2,852,801 2,842,441
Service contracts, net 469,933 494,595
Operating lease right-of-use assets, net 169,233  
Other assets, net 260,626 240,315
Total assets 7,887,337 7,436,662
Current liabilities:    
Accounts payable 254,611 226,020
Accrued compensation and related liabilities 124,349 155,509
Accrued liabilities 674,240 433,940
Operating lease liabilities, current 44,263  
Debt due within one year 199,788 312,264
Total current liabilities 1,297,251 1,127,733
Long-term liabilities:    
Debt due after one year 2,538,606 2,537,507
Deferred income taxes 443,857 438,179
Operating lease liabilities 130,580  
Accrued liabilities 372,073 330,522
Total long-term liabilities 3,485,116 3,306,208
Shareholders’ equity:    
Preferred stock, no par value: 100,000 shares authorized, none outstanding 0 0
Common stock, no par value: 425,000,000 shares authorized, FY 2020: 186,298,161 shares issued and 103,702,675 shares outstanding; FY 2019: 184,790,626 shares issued and 103,284,401 shares outstanding 1,066,814 840,328
Paid-in capital 134,041 227,928
Retained earnings 6,917,310 6,691,236
Treasury stock: FY 2019: 82,595,486 shares, FY 2018: 81,506,225 shares (4,976,360) (4,717,619)
Accumulated other comprehensive loss (36,835) (39,152)
Total shareholders’ equity 3,104,970 3,002,721
Total liabilities and shareholders' equity $ 7,887,337 $ 7,436,662