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Goodwill, Service Contracts and Other Assets (Tables)
6 Months Ended
Nov. 30, 2021
Goodwill, Service Contracts And Other Assets [Abstract]  
Changes in Carrying Amount of Goodwill by Operating Segment
Changes in the carrying amount of goodwill and service contracts for the six months ended November 30, 2021, by reportable operating segment and All Other, are as follows:
Goodwill
(in thousands)
Uniform Rental
 and Facility Services
First Aid
 and Safety Services
All
Other
Total
Balance as of June 1, 2021$2,547,510 $248,571 $116,988 $2,913,069 
Goodwill acquired24,512 9,344 570 34,426 
Foreign currency translation(14,824)(1,313)(51)(16,188)
Balance as of November 30, 2021$2,557,198 $256,602 $117,507 $2,931,307 
Changes in the Carrying Amount of Service Contracts by Operating Segment Changes in the carrying amount of goodwill and service contracts for the six months ended November 30, 2021, by reportable operating segment and All Other, are as follows:
Service Contracts
(in thousands)
Uniform Rental
 and Facility Services
First Aid
 and Safety Services
All
Other
Total
Balance as of June 1, 2021$369,141 $18,294 $21,010 $408,445 
Service contracts acquired12,807 2,366 719 15,892 
Service contracts amortization(24,752)(2,021)(2,391)(29,164)
Foreign currency translation(3,404)(160)— (3,564)
Balance as of November 30, 2021$353,792 $18,479 $19,338 $391,609 
Information Regarding Service Contracts and Other Assets
Information regarding Cintas’ service contracts and other assets is as follows:
 As of November 30, 2021As of May 31, 2021
(In thousands)Carrying
Amount
Accumulated
Amortization
NetCarrying
Amount
Accumulated
Amortization
Net
Service contracts$971,329 $579,720 $391,609 $961,942 $553,497 $408,445 
Capitalized contract
   costs (1)
$503,933 $275,004 $228,929 $459,079 $231,940 $227,139 
Noncompete and
   consulting agreements
46,380 42,859 3,521 44,683 42,408 2,275 
Other86,929 24,534 62,395 105,371 24,371 81,000 
Total other assets$637,242 $342,397 $294,845 $609,133 $298,719 $310,414 
(1)    The current portion of capitalized contract costs, included in prepaid expenses and other current assets on the consolidated condensed balance sheets as of November 30, 2021 and May 31, 2021, is $81.3 million and $79.4 million, respectively.
Estimated Future Amortization Expense As of November 30, 2021, the estimated future amortization expense for service contracts and other assets, excluding any future acquisitions and commissions to be earned, is as follows:
Fiscal Year (In thousands)
2022 (remaining six months)
$70,680 
2023126,611 
2024114,179 
202599,707 
202682,616 
Thereafter213,745 
Total future amortization expense$707,538