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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2021
May 31, 2021
Current assets:    
Cash and cash equivalents $ 113,170 $ 493,640
Accounts receivable, net 975,442 901,710
Inventories, net 464,864 481,797
Uniforms and other rental items in service 876,065 810,104
Income taxes, current 89,135 22,282
Prepaid expenses and other current assets 136,798 133,776
Total current assets 2,655,474 2,843,309
Property and equipment, net 1,299,375 1,318,438
Investments 289,123 274,616
Goodwill 2,931,307 2,913,069
Service contracts, net 391,609 408,445
Operating lease right-of-use assets, net 155,677 168,532
Other assets, net 294,845 310,414
Total assets 8,017,410 8,236,823
Current liabilities:    
Accounts payable 240,322 230,786
Accrued compensation and related liabilities 180,772 241,469
Accrued liabilities 597,171 518,910
Operating lease liabilities, current 43,156 43,850
Debt due within one year 1,116,507 899,070
Total current liabilities 2,177,928 1,934,085
Long-term liabilities:    
Debt due after one year 1,343,367 1,642,833
Deferred income taxes 405,871 386,647
Operating lease liabilities 118,892 130,774
Accrued liabilities 408,225 454,637
Total long-term liabilities 2,276,355 2,614,891
Shareholders’ equity:    
Preferred stock, no par value: 100,000 shares authorized, none outstanding 0 0
Common stock, no par value, and paid-in capital: 425,000,000 shares authorized, FY 2022: 190,475,781 shares issued and 103,664,439 shares outstanding; FY 2021: 189,071,185 shares issued and 104,061,391 shares outstanding 1,686,293 1,516,202
Retained earnings 8,305,076 7,877,015
Treasury stock: FY 2022: 86,811,342 shares, FY 2021: 85,009,794 (6,400,984) (5,736,258)
Accumulated other comprehensive (loss) income (27,258) 30,888
Total shareholders’ equity 3,563,127 3,687,847
Total liabilities and shareholders' equity $ 8,017,410 $ 8,236,823