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Goodwill, Service Contracts and Other Assets, Net (Tables)
3 Months Ended
Aug. 31, 2023
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 three months ended August 31, 2023, 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, 2023$2,636,607 $292,868 $126,726 $3,056,201 
Goodwill acquired45,369 1,013 1,115 47,497 
Foreign currency translation1,150 103 1,257 
Balance as of August 31, 2023$2,683,126 $293,984 $127,845 $3,104,955 
Changes in the Carrying Amount of Service Contracts by Operating Segment
Service Contracts
(In thousands)
Uniform Rental
 and Facility Services
First Aid
 and Safety Services
All
Other
Total
Balance as of June 1, 2023$310,030 $21,157 $15,387 $346,574 
Service contracts acquired5,954 290 533 6,777 
Service contracts amortization(11,015)(1,313)(981)(13,309)
Foreign currency translation212 12 — 224 
Balance as of August 31, 2023$305,181 $20,146 $14,939 $340,266 
Information Regarding Service Contracts and Other Assets
Information regarding Cintas’ service contracts and other assets, net is as follows:
 As of August 31, 2023As of May 31, 2023
(In thousands)Carrying
Amount
Accumulated
Amortization
NetCarrying
Amount
Accumulated
Amortization
Net
Service contracts$1,012,036 $671,770 $340,266 $1,004,754 $658,180 $346,574 
Capitalized contract
   costs (1)
$693,140 $438,074 $255,066 $665,705 $413,680 $252,025 
Noncompete and
   consulting agreements
   and other
212,122 68,129 143,993 198,260 67,294 130,966 
Total other assets, net$905,262 $506,203 $399,059 $863,965 $480,974 $382,991 
(1)    The current portion of capitalized contract costs, included in prepaid expenses and other current assets on the consolidated condensed balance sheets as of August 31, 2023 and May 31, 2023, is $94.1 million and $92.5 million, respectively.
Finite-lived Intangible Assets Amortization Expense As of August 31, 2023, 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)
2024 (remaining nine months)
$114,023 
2025138,387 
2026117,129 
202795,398 
202871,829 
Thereafter163,288 
Total future amortization expense$700,054