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Goodwill, Service Contracts and Other Assets (Tables)
9 Months Ended
Feb. 28, 2022
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 nine months ended February 28, 2022, 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 acquired99,826 28,655 5,073 133,554 
Foreign currency translation(12,715)(1,126)(44)(13,885)
Balance as of February 28, 2022$2,634,621 $276,100 $122,017 $3,032,738 
Changes in the Carrying Amount of Service Contracts by Operating Segment Changes in the carrying amount of goodwill and service contracts for the nine months ended February 28, 2022, 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 acquired32,695 7,331 1,534 41,560 
Service contracts amortization(37,679)(3,157)(3,598)(44,434)
Foreign currency translation(3,062)(143)— (3,205)
Balance as of February 28, 2022$361,095 $22,325 $18,946 $402,366 
Information Regarding Service Contracts and Other Assets
Information regarding Cintas’ service contracts and other assets is as follows:
 As of February 28, 2022As of May 31, 2021
(In thousands)Carrying
Amount
Accumulated
Amortization
NetCarrying
Amount
Accumulated
Amortization
Net
Service contracts$997,923 $595,557 $402,366 $961,942 $553,497 $408,445 
Capitalized contract
   costs (1)
$529,698 $297,027 $232,671 $459,079 $231,940 $227,139 
Noncompete and
   consulting agreements
50,028 43,319 6,709 44,683 42,408 2,275 
Other92,023 24,749 67,274 105,371 24,371 81,000 
Total other assets$671,749 $365,095 $306,654 $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 February 28, 2022 and May 31, 2021, is $82.8 million and $79.4 million, respectively.
Estimated Future Amortization Expense As of February 28, 2022, 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 three months)
$36,700 
2023134,129 
2024121,678 
2025107,037 
202689,415 
Thereafter237,557 
Total future amortization expense$726,516