XML 43 R31.htm IDEA: XBRL DOCUMENT v3.24.4
Acquisitions (Tables)
6 Months Ended
Nov. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Aggregate Purchase Price and Fair Value Allocations Cintas acquired the following number of individually immaterial businesses by reportable operating segment and All Other during the six months ended November 30:
20242023
Uniform Rental and Facility Services55
First Aid and Safety Services21
All Other85
Schedule of Purchase Price Allocation
The following summarizes the aggregate purchase price and fair value allocations for all businesses acquired during the six months ended November 30:
(In thousands)20242023
Fair value of tangible assets acquired$21,987 $5,880 
Fair value of service contracts acquired30,702 9,480 
Fair value of other intangibles acquired5,247 2,762 
Net goodwill recognized117,124 64,060 
Total fair value of assets acquired175,060 82,182 
Total fair value of liabilities assumed(2,417)— 
Total fair value of net assets acquired, net of cash acquired172,643 82,182 
Deferred purchase price consideration(17,759)(8,185)
Total cash consideration for acquisitions, net of cash acquired$154,884 $73,997