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Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2021
May 31, 2020
Current assets:    
Cash and cash equivalents $ 493,640 $ 145,402
Accounts receivable, principally trade, less allowance of $12,097 and $35,433, respectively 901,710 870,369
Inventories, net 481,797 408,898
Uniforms and other rental items in service 810,104 770,411
Income taxes, current 22,282 0
Prepaid expenses and other current assets 133,776 114,619
Total current assets 2,843,309 2,309,699
Property and equipment, net 1,318,438 1,403,065
Investments 274,616 214,847
Goodwill 2,913,069 2,870,020
Service contracts, net 408,445 451,529
Operating lease right-of-use assets, net 168,532 159,967
Other assets, net 310,414 260,758
Total assets 8,236,823 7,669,885
Current liabilities:    
Accounts payable 230,786 230,995
Accrued compensation and related liabilities 241,469 127,417
Accrued liabilities 518,910 456,653
Income taxes, current 0 27,099
Operating lease liabilities, current 43,850 43,031
Debt due within one year 899,070 0
Total current liabilities 1,934,085 885,195
Long-term liabilities:    
Debt due after one year 1,642,833 2,539,705
Deferred income taxes 386,647 388,579
Operating lease liabilities 130,774 122,695
Accrued liabilities 454,637 498,509
Total long-term liabilities 2,614,891 3,549,488
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 2021: 189,071,185 shares issued and 104,061,391 shares outstanding 2020: 186,793,207 shares issued and 103,415,368 shares outstanding 1,417,343 1,102,689
Paid-in capital 98,859 171,521
Retained earnings 7,877,015 7,296,509
Treasury stock: 2021: 85,009,794 shares 2020: 83,377,839 shares (5,736,258) (5,182,137)
Accumulated other comprehensive income (loss) 30,888 (153,380)
Total shareholders' equity 3,687,847 3,235,202
Total liabilities and shareholders' equity $ 8,236,823 $ 7,669,885