XML 36 R24.htm IDEA: XBRL DOCUMENT v3.20.2
Leases (Tables)
 3 Months Ended
Aug. 31, 2020
Leases [Abstract]  
Operating Lease Cost and Additional Lease Information
The following table provides supplemental information related to the Company's consolidated condensed statements of cash flows for the three months ended August 31:
(In thousands)20202019
Cash paid for amounts included in the measurement of operating lease liabilities$12,254 $12,342 
Operating lease right-of-use assets obtained in exchange for new and renewed
operating lease liabilities		$9,317 $6,828 

Other information related to the operating lease right-of-use assets, net and operating lease liabilities was as follows:
August 31, 2020May 31,
2020
Weighted-average remaining lease term - operating leases5.10 years5.19 years
Weighted-average discount rate - operating leases2.62%2.66%
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 August 31, 2020:
(In thousands)
2021 (remaining nine months)
$36,380 
202240,728 
202332,079 
202422,423 
202515,766 
Thereafter29,643 
Total payments177,019 
Less interest(11,878)
Total present value of lease payments$165,141