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Goodwill, Service Contracts and Other Assets
12 Months Ended
May 31, 2022
Goodwill, Service Contracts and Other Assets [Abstract]  
Goodwill, Service Contracts and Other Assets Goodwill, Service Contracts and Other Assets
Changes in the carrying amount of goodwill and service contracts by reportable operating segment and All Other, are presented in the following tables:
Goodwill
(In thousands)
Uniform Rental
and Facility
Services
First Aid
 and Safety
 Services
All
Other
Total
Balance at June 1, 2020$2,513,041 $243,266 $113,713 $2,870,020 
Goodwill acquired1,568 2,545 3,161 7,274 
Foreign currency translation32,901 2,760 114 35,775 
Balance at May 31, 20212,547,510 248,571 116,988 2,913,069 
Goodwill acquired99,826 38,281 5,162 143,269 
Foreign currency translation(12,237)(1,083)(42)(13,362)
Balance at May 31, 2022$2,635,099 $285,769 $122,108 $3,042,976 

Service Contracts
(In thousands)
Uniform Rental
and Facility
Services
First Aid
 and Safety
 Services
All
Other
Total
Balance at June 1, 2020$407,611 $19,805 $24,113 $451,529 
Service contracts acquired2,369 2,132 1,736 6,237 
Service contracts amortization(49,016)(3,912)(4,839)(57,767)
Foreign currency translation8,177 269 — 8,446 
Balance at May 31, 2021369,141 18,294 21,010 408,445 
Service contracts acquired32,695 10,384 1,659 44,738 
Service contracts amortization(49,152)(4,392)(4,809)(58,353)
Foreign currency translation(3,050)(142)— (3,192)
Balance at May 31, 2022$349,634 $24,144 $17,860 $391,638 
Information regarding Cintas' service contracts and other assets is as follows as of May 31:
20222021
(In thousands)Carrying
Amount
Accumulated
Amortization
NetCarrying
Amount
Accumulated
Amortization
Net
Service contracts$1,001,311 $609,673 $391,638 $961,942 $553,497 $408,445 
Capitalized contract costs (1)
$551,582 $319,358 $232,224 $459,079 $231,940 $227,139 
Noncompete and consulting
   agreements
50,637 43,775 6,862 44,683 42,408 2,275 
Other125,941 20,917 105,024 105,371 24,371 81,000 
Other assets$728,160 $384,050 $344,110 $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 balance sheets as of May 31, 2022 and 2021, is $83.7 million and $79.4 million, respectively.

Amortization expense for service contracts and other assets was $148.4 million, $141.9 million and $140.8 million for the fiscal years ended May 31, 2022, 2021 and 2020, respectively. At May 31, 2022, the weighted average amortization period for service contracts, capitalized contract costs, noncompete and consulting agreements and other was 13 years, 7 years, 5 years and 10 years, respectively. As of May 31, 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)
2023$139,037 
2024126,603 
2025112,032 
202693,662 
202775,033 
Thereafter172,245 
Total future amortization expense$718,612