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Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2025
May 31, 2024
Current assets:    
Cash and cash equivalents $ 263,973 $ 342,015
Accounts receivable, principally trade, less allowance of $26,357 and $17,914, respectively 1,417,381 1,244,182
Inventories, net 447,408 410,201
Uniforms and other rental items in service 1,137,361 1,040,144
Prepaid expenses and other current assets 170,046 148,665
Total current assets 3,436,169 3,185,207
Property and equipment, net 1,652,474 1,534,168
Investments 339,518 302,212
Goodwill 3,400,227 3,212,424
Service contracts, net 309,828 321,902
Operating lease right-of-use assets, net 224,383 187,953
Other assets, net 462,642 424,951
Total assets 9,825,241 9,168,817
Current liabilities:    
Accounts payable 485,109 339,166
Accrued compensation and related liabilities 229,538 214,130
Accrued liabilities 875,077 761,283
Income taxes, current 4,034 18,618
Operating lease liabilities, current 50,744 45,727
Debt due within one year 0 449,595
Total current liabilities 1,644,502 1,828,519
Long-term liabilities:    
Debt due after one year 2,424,999 2,025,934
Deferred income taxes 471,740 475,512
Operating lease liabilities 178,738 146,824
Accrued liabilities 420,781 375,656
Total long-term liabilities 3,496,258 3,023,926
Shareholders' equity:    
Preferred stock, no par value: 100 shares authorized, none outstanding 0 0
Common stock, no par value, and paid-in capital: 1,700,000 shares authorized 2025: 776,936 shares issued and 402,948 shares outstanding 2024: 773,097 shares issued and 405,008 shares outstanding 2,593,479 2,305,301
Retained earnings 11,798,451 10,617,955
Treasury stock: 2025: 373,988 shares 2024: 368,089 shares (9,791,838) (8,698,085)
Accumulated other comprehensive income 84,389 91,201
Total shareholders' equity 4,684,481 4,316,372
Total liabilities and shareholders' equity $ 9,825,241 $ 9,168,817