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Leases (Tables)
3 Months Ended
Aug. 31, 2021
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)20212020
Cash paid for amounts included in the measurement of operating lease liabilities$11,913 $12,254 
Operating lease right-of-use assets obtained in exchange for new and renewed
   operating lease liabilities
$2,792 $9,317 
Other information related to the operating lease right-of-use assets, net and operating lease liabilities was as follows:
August 31,
2021
May 31,
2021
Weighted-average remaining lease term - operating leases5.22 years5.33 years
Weighted-average discount rate - operating leases2.29%2.32%
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, 2021:
(In thousands)
2022 (remaining nine months)
$35,794 
202340,285 
202429,941 
202522,509 
202616,995 
Thereafter30,336 
Total payments175,860 
Less interest(10,261)
Total present value of lease payments$165,599