Income Taxes (Tables)

12 Months Ended

May 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Components of Income Before Income Taxes

Income before income taxes consists of the following components for the fiscal years ended May 31:

(In thousands)	2025		2024		2023
U.S. operations	$	2,117,251	$	1,860,859	$	1,632,391
Foreign operations	146,951		112,776		60,757
	$	2,264,202	$	1,973,635	$	1,693,148

Schedule of Components of Income Taxes

Income tax expense consists of the following components for the fiscal years ended May 31:

(In thousands)	2025		2024		2023
Current:
Federal	$	352,652	$	327,616	$	248,413
State and local	96,808		79,583		56,589
Foreign	10,580		25,344		13,205
	460,040		432,543		318,207
Deferred	(8,119)		(30,500)		26,931
	$	451,921	$	402,043	$	345,138

Schedule of Reconciliation of Income Tax Expense Using the Statutory Rate and Actual Income Tax Expense

Reconciliation of income tax expense using the statutory rate and actual income tax expense is as follows for the fiscal years ended May 31:

(In thousands)	2025		2024		2023
Income taxes at the U.S. federal statutory rate	$	475,482	$	414,463	$	355,561
Permanent differences (1)	(75,966)		(67,310)		(59,502)
State and local income taxes, net of federal benefit	64,052		49,560		46,245
Other	(11,647)		5,330		2,834
	$	451,921	$	402,043	$	345,138

(1)    Primarily consists of the excess tax benefits related to stock-based compensation.

Schedule of Components of Deferred Income Taxes

The components of deferred income taxes included on the consolidated balance sheets are as follows at May 31:

(In thousands)	2025		2024
Deferred tax assets:
Allowance for credit losses	$	17,352	$	13,478
Inventory reserves	17,734		18,913
Insurance reserves	45,029		45,154
Stock-based compensation	66,260		71,146
Net operating loss and foreign related carry-forwards	1,630		2,169
Operating lease liabilities	58,219		48,964
Deferred compensation and other	132,210		114,786
	338,434		314,610
Valuation allowance	(1,556)		(2,129)
	336,878		312,481
Deferred tax liabilities:
Uniform and other rental items in service	274,781		251,394
Property and equipment	163,247		175,214
Intangibles and other amortizable assets	173,362		178,583
Treasury locks	37,014		37,202
Capitalized contract costs	95,069		91,551
Operating lease right-of-use assets	58,219		48,964
State taxes and other	6,926		5,085
	808,618		787,993
Net deferred tax liability	$	471,740	$	475,512

Schedule of Reconciliation of Beginning and Ending Amount of Gross Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of the gross unrecognized tax benefits (exclusive of interest and penalties) is as follows:

(In thousands)
Balance at June 1, 2023	$	36,754
Additions for tax positions of the current year	10,895
Additions for tax positions of prior years	4,864
Settlements	(7,325)
Statute expirations	(3,442)
Balance at May 31, 2024	41,746
Additions for tax positions of the current year	14,001
Additions for tax positions of prior years	3,791
Statute expirations	(1,530)
Balance at May 31, 2025	$	58,008