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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Aug. 31, 2023
May 31, 2023
Current assets:    
Cash and cash equivalents $ 88,126 $ 124,149
Accounts receivable, net 1,197,342 1,152,993
Inventories, net 498,354 506,604
Uniforms and other rental items in service 1,021,515 1,011,918
Prepaid expenses and other current assets 182,191 142,795
Total current assets 2,987,528 2,938,459
Property and equipment, net 1,439,266 1,396,476
Investments 266,930 247,191
Goodwill 3,104,955 3,056,201
Service contracts, net 340,266 346,574
Operating lease right-of-use assets, net 181,677 178,464
Other assets, net 399,059 382,991
Total assets 8,719,681 8,546,356
Current liabilities:    
Accounts payable 314,743 302,292
Accrued compensation and related liabilities 116,892 239,086
Accrued liabilities 592,370 632,504
Income taxes, current 101,031 12,470
Operating lease liabilities, current 43,803 43,710
Total current liabilities 1,168,839 1,230,062
Long-term liabilities:    
Debt due after one year 2,477,093 2,486,405
Deferred income taxes 499,935 498,356
Operating lease liabilities 141,459 138,278
Accrued liabilities 354,720 329,269
Total long-term liabilities 3,473,207 3,452,308
Shareholders’ equity:    
Preferred stock, no par value: 100,000 shares authorized, none outstanding 0 0
Common stock, no par value, and paid-in capital 2,121,475 2,031,542
Retained earnings 9,844,128 9,597,315
Treasury stock (7,975,137) (7,842,649)
Accumulated other comprehensive income 87,169 77,778
Total shareholders’ equity 4,077,635 3,863,986
Total liabilities and shareholders' equity $ 8,719,681 $ 8,546,356