Basis of Presentation for Interim Financial Statements

9 Months Ended

Mar. 30, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation for Interim Financial Statements

Basis of Presentation for Interim Financial Statements

The Condensed Consolidated Financial Statements of G&K Services, Inc. (the “Company” or “G&K”) as set forth in this quarterly report have been prepared pursuant to the rules and regulations of the U. S. Securities and Exchange Commission for interim reporting. As permitted under those rules, certain footnotes and other financial information that are normally required by accounting principles generally accepted in the United States can be condensed or omitted. Our accounting policies are described in the Notes to the Consolidated Financial Statements in our Annual Report on Form 10-K for the fiscal year ended June 30, 2012 (“fiscal 2012”). Management is responsible for the unaudited Condensed Consolidated Financial Statements included in this document. The Condensed Consolidated Financial Statements included in this document are unaudited but, in the opinion of management, include all adjustments (consisting of only normal recurring adjustments) necessary for a fair presentation of our financial position as of March 30, 2013, and the results of our operations for the three and nine months endedMarch 30, 2013 and March 31, 2012 and our cash flows for the nine months endedMarch 30, 2013 and March 31, 2012.

The results of operations for the three and nine month periods endedMarch 30, 2013 and March 31, 2012 are not necessarily indicative of the results to be expected for the full year. We have evaluated subsequent events and have found one event that requires disclosure. See Note 16, "Subsequent Event," of the Notes to the Condensed Consolidated Financial Statements, for a discussion of a subsequent event related to issuance of certain debt on April 15, 2013.

This Quarterly Report on Form 10-Q should be read in conjunction with our Consolidated Financial Statements and notes included in our fiscal 2012 Annual Report on Form 10-K.