10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 10-Q

( X ) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended November 30, 2012

OR 

(    ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission file number 0-11399

CINTAS CORPORATION

(Exact name of Registrant as specified in its charter)

WASHINGTON	31-1188630
(State or other jurisdiction of	(I.R.S. Employer
incorporation or organization)	Identification No.)

6800 CINTAS BOULEVARD

P.O. BOX 625737

CINCINNATI, OHIO 45262-5737

(Address of principal executive offices)(Zip Code)

(513) 459-1200

(Registrant’s telephone number, including area code)

Indicate by checkmark whether the Registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes ü No

Indicate by a checkmark whether the Registrant has submitted electronically and posted on its corporate website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant was required to submit and post such files). Yes üNo

Indicate by checkmark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.  (Check one):

Large Accelerated Filer  ü             Accelerated Filer                     Smaller Reporting Company

Non-Accelerated Filer     (Do not check if a smaller reporting company)

Indicate by checkmark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).  Yes  No   ü

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

Class	Outstanding December 31, 2012
Common Stock, no par value	123,286,223

CINTAS CORPORATION

TABLE OF CONTENTS

Part I.	Financial Information		Page No.
	Item 1.	Financial Statements.
		Consolidated Condensed Statements of Income – Three Months and Six Months Ended November 30, 2012 and 2011	3
		Consolidated Condensed Statements of Comprehensive Income – Three Months and Six Months Ended November 30, 2012 and 2011	4
		Consolidated Condensed Balance Sheets – November 30, 2012 and May 31, 2012	5
		Consolidated Condensed Statements of Cash Flows – Six Months Ended November 30, 2012 and 2011	6
		Notes to Consolidated Condensed Financial Statements	7
	Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations.	28
	Item 3.	Quantitative and Qualitative Disclosures About Market Risk.	38
	Item 4.	Controls and Procedures.	38
Part II.	Other Information
	Item 1.	Legal Proceedings.	39
	Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds.	39
	Item 5.	Other Information.	40
	Item 6.	Exhibits.	40
Signatures			41
Exhibits

2

CINTAS CORPORATION

ITEM 1. FINANCIAL STATEMENTS.

CONSOLIDATED CONDENSED STATEMENTS OF INCOME

(Unaudited)

(In thousands except per share data)

	Three Months Ended						Six Months Ended
	November 30, 2012			November 30, 2011			November 30, 2012			November 30, 2011
Revenue:
Rental uniforms and ancillary products	$	755,839		$	722,789		$	1,510,682		$	1,442,212
Other services	304,547			296,337			601,029			594,094
	1,060,386			1,019,126			2,111,711			2,036,306
Costs and expenses:
Cost of rental uniforms and ancillary products	438,902			410,247			867,050			813,653
Cost of other services	189,448			179,082			366,750			353,816
Selling and administrative expenses	293,013			297,112			599,594			607,578
Operating income	139,023			132,685			278,317			261,259
Interest income	(149		)	(403		)	(226		)	(768		)
Interest expense	16,294			17,728			32,892			35,062
Income before income taxes	122,878			115,360			245,651			226,965
Income taxes	44,851			41,010			90,891			83,977
Net income	$	78,027		$	74,350		$	154,760		$	142,988
Basic earnings per share	$	0.63		$	0.57		$	1.24		$	1.09
Diluted earnings per share	$	0.63		$	0.57		$	1.23		$	1.09
Dividends declared per share	$	0.64		$	0.54		$	0.64		$	0.54

See accompanying notes.

3

CINTAS CORPORATION

CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME

(Unaudited)

(In thousands)

	Three Months Ended						Six Months Ended
	November 30, 2012			November 30, 2011			November 30, 2012			November 30, 2011
Net income	$	78,027		$	74,350		$	154,760		$	142,988
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	1,675			(20,764		)	8,692			(20,546		)
Change in fair value of derivatives(1)	—			27			(151		)	181
Amortization of interest rate lock agreements	488			377			976			754
Change in fair value of available-for-sale securities(2)	(10		)	7			(12		)	25
Other comprehensive income	2,153			(20,353		)	9,505			(19,586		)
Comprehensive income	$	80,180		$	53,997		$	164,265		$	123,402

⁽¹⁾      Net of less than $0.1 million of tax benefit for the three months ended November 30, 2011. Net of less than $0.1 million of tax expense and $0.1 million of tax benefit for the six months endedNovember 30, 2012 and 2011, respectively.

⁽²⁾      Net of less than $0.1 million of tax benefit for the three months ended November 30, 2012 and 2011, respectively. Net of less than $0.1 million of tax benefit for both the six months endedNovember 30, 2012 and 2011, respectively.

See accompanying notes.

4

CINTAS CORPORATION

CONSOLIDATED CONDENSED BALANCE SHEETS

(In thousands except share data)

	November 30, 2012			May 31, 2012
	(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents	$	242,487		$	339,825
Marketable securities	33,862			—
Accounts receivable, net	479,106			450,861
Inventories, net	236,195			251,205
Uniforms and other rental items in service	482,001			452,785
Income taxes, current	20,976			22,188
Prepaid expenses and other	25,035			24,704
Total current assets	1,519,662			1,541,568
Property and equipment, at cost, net	967,260			944,305
Goodwill	1,522,411			1,485,375
Service contracts, net	90,480			76,822
Other assets, net	118,069			112,836
	$	4,217,882		$	4,160,906
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	118,534		$	94,840
Accrued compensation and related liabilities	54,480			91,214
Accrued liabilities	325,077			256,642
Deferred tax liability	56,427			2,559
Long-term debt due within one year	661			225,636
Total current liabilities	555,179			670,891
Long-term liabilities:
Long-term debt due after one year	1,308,829			1,059,166
Deferred income taxes	206,782			204,581
Accrued liabilities	66,448			87,133
Total long-term liabilities	1,582,059			1,350,880
Shareholders’ equity:
Preferred stock, no par value:
100,000 shares authorized, none outstanding	—			—
Common stock, no par value:
425,000,000 shares authorized,
FY 2013:  174,419,454 issued and 123,228,777 outstanding
FY 2012:  173,745,913 issued and 126,519,758 outstanding	173,127			148,255
Paid-in capital	98,311			107,019
Retained earnings	3,557,088			3,482,073
Treasury stock:
FY 2013:  51,190,677 shares
FY 2012:  47,226,155 shares	(1,794,050		)	(1,634,875		)
Other accumulated comprehensive income	46,168			36,663
Total shareholders’ equity	2,080,644			2,139,135
	$	4,217,882		$	4,160,906

See accompanying notes.

5

CINTAS CORPORATION

CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS

(Unaudited)

(In thousands) 

	Six Months Ended
	November 30, 2012			November 30, 2011
Cash flows from operating activities:
Net income	$	154,760		$	142,988
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	81,321			76,922
Amortization of intangible assets	11,973			20,104
Stock-based compensation	11,084			9,756
Deferred income taxes	55,245			(11,767		)
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	(24,528		)	(20,850		)
Inventories, net	15,460			(39,268		)
Uniforms and other rental items in service	(28,105		)	(29,630		)
Prepaid expenses and other	(202		)	(5,128		)
Accounts payable	23,019			1,843
Accrued compensation and related liabilities	(36,899		)	(15,314		)
Accrued liabilities	(36,464		)	26,306
Income taxes payable	599			19,996
Net cash provided by operating activities	227,263			175,958
Cash flows from investing activities:
Capital expenditures	(99,062		)	(79,832		)
Proceeds from redemption of marketable securities	41,453			140,162
Purchase of marketable securities and investments	(80,054		)	(193,527		)
Acquisitions of businesses, net of cash acquired	(53,243		)	(14,551		)
Other, net	(673		)	5,772
Net cash used in investing activities	(191,579		)	(141,976		)
Cash flows from financing activities:
Proceeds from issuance of debt	250,000			—
Repayment of debt	(225,312		)	(903		)
Proceeds from exercise of stock-based compensation awards	2,357			78
Repurchase of common stock	(159,175		)	(262,682		)
Other, net	(2,476		)	1,454
Net cash used in financing activities	(134,606		)	(262,053		)
Effect of exchange rate changes on cash and cash equivalents	1,584			(2,263		)
Net decrease in cash and cash equivalents	(97,338		)	(230,334		)
Cash and cash equivalents at beginning of period	339,825			438,106
Cash and cash equivalents at end of period	$	242,487		$	207,772

See accompanying notes.

6

CINTAS CORPORATION

NOTES TO CONSOLIDATED CONDENSED FINANCIAL STATEMENTS

(Unaudited)

1.Basis of Presentation

The consolidated condensed financial statements of Cintas Corporation (Cintas, the Company, we, us or our) included herein have been prepared by Cintas, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (SEC).  Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP) have been condensed or omitted pursuant to such rules and regulations.  While we believe that the disclosures are adequately presented, it is suggested that these consolidated condensed financial statements be read in conjunction with the consolidated financial statements and notes included in our Annual Report on Form 10-K for the fiscal year ended May 31, 2012.  A summary of our significant accounting policies is presented beginning on page 35 of that report.  There have been no material changes in the accounting policies followed by Cintas during the current fiscal year.

As disclosed in our Annual Report on Form 10-K for the fiscal year ended May 31, 2012, inventories are valued at the lower of cost (first-in, first-out) or market.  Inventory is comprised of the following amounts: 

(In thousands)	November 30, 2012		May 31, 2012
Raw materials	$	20,489	$	19,138
Work in process	13,209		13,052
Finished goods	202,497		219,015
	$	236,195	$	251,205

Interim results are subject to variations and are not necessarily indicative of the results of operations for a full fiscal year.  In the opinion of management, adjustments (which include only normal recurring adjustments) necessary for a fair statement of the consolidated results of the interim periods shown have been made.

2.Fair Value Measurements

FASB Accounting Standard Codification (ASC) Topic 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date.  It also establishes a three-level fair value hierarchy that prioritizes the inputs used to measure fair value. This hierarchy requires entities to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows:

Level 1 –Quoted prices in active markets for identical assets or liabilities.

Level 2 –Observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data.

Level 3 –Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs.

In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. Cintas’ assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability.

In order to meet the requirements of ASC 820, Cintas utilizes two basic valuation approaches to determine the fair value of its assets and liabilities required to be recorded on a recurring basis at fair value. The first approach is the cost approach. The cost approach is generally the value a market participant would expect to replace the respective

7

asset or liability. The second approach is the market approach. The market approach looks at what a market participant would consider valuing an exact or similar asset or liability to that of Cintas, including those traded on exchanges.

All financial instruments that are measured at fair value on a recurring basis (at least annually) have been segregated into the most appropriate level within the fair value hierarchy based on the inputs used to determine the fair value at the consolidated balance sheet date.  These financial instruments measured at fair value on a recurring basis are summarized below: 

(In thousands)	As of November 30, 2012
	Level 1		Level 2		Level 3		Fair Value
Cash and cash equivalents	$	242,487	$	—	$	—	$	242,487
Marketable securities:
U.S. municipal bonds	—		9,781		—		9,781
Canadian treasury securities	—		24,081		—		24,081
Total assets at fair value	$	242,487	$	33,862	$	—	$	276,349

(In thousands)	As of May 31, 2012
	Level 1		Level 2		Level 3		Fair Value
Cash and cash equivalents	$	339,825	$	—	$	—	$	339,825
Total assets at fair value	$	339,825	$	—	$	—	$	339,825

Cintas’ cash and cash equivalents and marketable securities are generally classified within Level 1 or Level 2 of the fair value hierarchy. Financial instruments classified as Level 1 are based on quoted market prices in active markets, and financial instruments classified as Level 2 are based on quoted market prices, broker or dealer quotations or alternative pricing sources with reasonable levels of price transparency. The types of financial instruments Cintas classifies within Level 1 include most bank deposits and money market securities. Cintas does not adjust the quoted market price for such financial instruments.

The types of financial instruments Cintas classifies within Level 2 include Canadian treasury securities (both federal and provincial) and highly rated U.S. state or municipal bonds. The valuation technique used for Cintas’ marketable securities classified within Level 2 of the fair value hierarchy is primarily the market approach. The primary inputs to value Cintas’ marketable securities is the respective instruments future cash flows based on its stated yield and the amount a market participant would pay for a similar instrument. Primarily all of Cintas’ marketable securities are actively traded and the recorded fair value reflects current market conditions. However, due to the inherent volatility in the investment market, there is at least a possibility that recorded investment values may change in the near term.

The funds invested in Canadian marketable securities are not presently expected to be repatriated, but instead are expected to be invested indefinitely in foreign subsidiaries. Interest, realized gains and losses and declines in value determined to be other than temporary on available-for-sale securities are included in interest income or expense. The cost of the securities sold is based on the specific identification method. The amortized cost basis of the marketable securities as of November 30, 2012 was $33.9 million. There were no outstanding marketable securities as of May 31, 2012. All outstanding marketable securities as of November 30, 2012, had contractual maturities due within one year.

The methods described above may produce a fair value that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while Cintas believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the consolidated balance sheet date.

Cintas’ non-financial assets and liabilities not permitted or required to be measured at fair value on a recurring basis primarily relate to assets and liabilities acquired in a business acquisition. Cintas is required to provide additional disclosures about fair value measurements as part of the consolidated financial statements for each major category of assets and liabilities measured at fair value on a non-recurring basis (including business acquisitions).  Based on the nature of Cintas’ business acquisitions, which occur regularly throughout the fiscal year, the majority of the assets acquired and liabilities assumed consist of working capital, primarily valued using Level 2 inputs, property and equipment, also primarily valued using Level 2 inputs and goodwill and other identified intangible assets valued using Level 3 inputs. In general, non-recurring fair values determined by Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities, which generally are not applicable to non-financial assets and liabilities.

8

Fair values determined by Level 2 inputs utilize data points that are observable, such as definitive sales agreements, appraisals or established market values of comparable assets. Fair values determined by Level 3 inputs are unobservable data points for the asset or liability and include situations where there is little, if any, market activity for the asset or liability, such as internal estimates of future cash flows.

3.Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share using the two-class method for amounts attributable to Cintas’ common shares: 

	Three Months Ended					Six Months Ended
(In thousands except per share data)	November 30, 2012			November 30, 2011		November 30, 2012		November 30, 2011
Basic Earnings per Share
Net income	$	78,027		$	74,350	$	154,760	$	142,988
Less dividends to:
Common shares	$	78,866		$	70,055	$	78,866	$	70,055
Unvested shares	878			765		878		765
Total dividends	$	79,744		$	70,820	$	79,744	$	70,820
Undistributed net (loss) income	$	(1,717	)	$	3,530	$	75,016	$	72,168
Less: net (loss) income allocated to participating unvested securities	(8		)	21		409		448
Net (loss) income available to common shareholders	$	(1,709	)	$	3,509	$	74,607	$	71,720
Basic weighted average common shares outstanding	124,185			129,727		125,153		130,522
Basic earnings per common share:
Common shares - distributed earnings	$	0.64		$	0.54	$	0.64	$	0.54
Common shares - undistributed earnings	(0.01		)	0.03		0.60		0.55
Total common shares	$	0.63		$	0.57	$	1.24	$	1.09
Unvested shares - distributed earnings	$	0.64		$	0.54	$	0.64	$	0.54
Unvested shares - undistributed earnings	(0.01		)	0.03		0.60		0.55
Total unvested shares	$	0.63		$	0.57	$	1.24	$	1.09

9

	Three Months Ended					Six Months Ended
(In thousands except per share data)	November 30, 2012			November 30, 2011		November 30, 2012		November 30, 2011
Diluted Earnings per Share
Net income	$	78,027		$	74,350	$	154,760	$	142,988
Less dividends to:
Common shares	$	78,866		$	70,055	$	78,866	$	70,055
Unvested shares	878			765		878		765
Total dividends	$	79,744		$	70,820	$	79,744	$	70,820
Undistributed net (loss) income	$	(1,717	)	$	3,530	$	75,016	$	72,168
Less: net (loss) income allocated to participating unvested securities	(8		)	21		409		448
Net (loss) income available to common shareholders	$	(1,709	)	$	3,509	$	74,607	$	71,720
Basic weighted average common shares outstanding	124,185			129,727		125,153		130,522
Effect of dilutive securities – employee stock options	424			13		388		21
Diluted weighted average common shares outstanding	124,609			129,740		125,541		130,543
Diluted earnings per share:
Common shares - distributed earnings	$	0.64		$	0.54	$	0.64	$	0.54
Common shares - undistributed earnings	(0.01		)	0.03		0.59		0.55
Total common shares	$	0.63		$	0.57	$	1.23	$	1.09
Unvested shares - distributed earnings	$	0.64		$	0.54	$	0.64	$	0.54
Unvested shares - undistributed earnings	(0.01		)	0.03		0.59		0.55
Total unvested shares	$	0.63		$	0.57	$	1.23	$	1.09

For the three months ended November 30, 2012 and 2011, 0.4 million and 3.3 million options granted to purchase shares of Cintas common stock were excluded from the computation of diluted earnings per share, respectively. For the six months ended November 30, 2012 and 2011, 0.7 million and 2.6 million options granted to purchase shares of Cintas common stock were excluded from the computation of diluted earnings per share, respectively. The exercise prices of these options were greater than the average market price of the common stock (anti-dilutive).

On October 18, 2011, we announced that the Board of Directors authorized a $500.0 million share buyback program at market prices.  During the first six months of fiscal 2013, we purchased 3.8 million shares of Cintas common stock for a total purchase price of $151.7 million. From the inception of the October 18, 2011 share buyback program through January 9, 2013, Cintas has purchased a total of 7.1 million shares of Cintas common stock at an average price of $39.72 for a total purchase price of $281.3 million. In addition, for the six months endedNovember 30, 2012, Cintas acquired 0.2 million shares of Cintas common stock for employee payroll taxes due on restricted stock awards that vested during the six months endedNovember 30, 2012. These shares were acquired at an average price of $37.88 per share for a total purchase price of $7.5 million.

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4.Goodwill, Service Contracts and Other Assets

Changes in the carrying amount of goodwill and service contracts for the six months endedNovember 30, 2012, by operating segment, are as follows:

Goodwill (in thousands)	Rental Uniforms & Ancillary Products		Uniform Direct Sales		First Aid, Safety & Fire Protection		Document Management		Total
Balance as of June 1, 2012	$	944,449	$	23,968	$	192,465	$	324,493	$	1,485,375
Goodwill acquired	—		—		24,110		10,610		34,720
Foreign currency translation	608		28		—		1,680		2,316
Balance as of November 30, 2012	$	945,057	$	23,996	$	216,575	$	336,783	$	1,522,411

Service Contracts (in thousands)	Rental Uniforms & Ancillary Products			Uniform Direct Sales		First Aid, Safety & Fire Protection			Document Management			Total
Balance as of June 1, 2012	$	29,156		$	—	$	29,334		$	18,332		$	76,822
Service contracts acquired	—			—		9,951			13,491			23,442
Service contracts amortization	(3,874		)	—		(3,821		)	(3,533		)	(11,228		)
Foreign currency translation	852			—		—			592			1,444
Balance as of November 30, 2012	$	26,134		$	—	$	35,464		$	28,882		$	90,480

Information regarding Cintas’ service contracts and other assets is as follows:

	As of November 30, 2012
(In thousands)	Carrying Amount		Accumulated Amortization		Net
Service contracts	$	409,522	$	319,042	$	90,480
Noncompete and consulting agreements	$	77,469	$	72,068	$	5,401
Investments (1)	95,109		—		95,109
Other	21,538		3,979		17,559
Total	$	194,116	$	76,047	$	118,069

	As of May 31, 2012
(In thousands)	Carrying Amount		Accumulated Amortization		Net
Service contracts	$	384,622	$	307,800	$	76,822
Noncompete and consulting agreements	$	76,036	$	69,954	$	6,082
Investments (1)	90,198		—		90,198
Other	19,828		3,272		16,556
Total	$	186,062	$	73,226	$	112,836

⁽¹⁾      Investments at November 30, 2012, include the cash surrender value of insurance policies of $67.0 million, equity method investments of $27.2 million and cost method investments of $0.9 million.  During the second quarter of fiscal 2013, Cintas sold stock of an equity method investment for a gain of $8.5 million. Investments at May 31, 2012, include the cash surrender value of insurance policies of $57.4 million, equity method investments of $31.9 million and cost method investments of $0.9 million.

Amortization expense was $12.0 million and $20.1 million for the six months endedNovember 30, 2012 and 2011, respectively.  Estimated amortization expense, excluding any future acquisitions, for each of the next five fiscal years is $23.1 million, $20.7 million, $17.8 million, $12.6 million and $7.6 million, respectively.

Investments recorded using the cost method are evaluated for impairment on an annual basis or when indicators of impairment are identified.  For the six months endedNovember 30, 2012 and 2011, no losses due to impairment were recorded.  

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5.Debt, Derivatives and Hedging Activities

Cintas’ commercial paper program has a capacity of $300.0 million that is fully supported by a backup revolving credit facility through a credit agreement with its banking group.  This revolving credit facility has an accordion feature that allows for a maximum borrowing capacity of $450.0 million and has a maturity date of October 6, 2016.  No commercial paper or borrowings on our revolving credit facility were outstanding as of November 30, 2012 or May 31, 2012.

On June 1, 2012, Cintas repaid at maturity $225.0 million aggregate principal amount of its 6.00% senior notes due 2012. On June 5, 2012, Cintas issued $250.0 million aggregate principal amount of senior notes due June 1, 2022. These senior notes bear interest at a rate of 3.25% paid semi-annually beginning December 1, 2012.

Cintas used interest rate lock agreements to hedge against movements in the treasury rates at the time Cintas issued its senior notes in fiscal 2007, fiscal 2008, fiscal 2011 and fiscal 2013.  The amortization of the cash flow hedges resulted in an increase to other comprehensive income of $0.5 million and $0.4 million for the three months ended November 30, 2012 and 2011, respectively, and $1.0 million and $0.8 million for the six months ended November 30, 2012 and 2011, respectively.

Cintas has certain covenants related to debt agreements. These covenants limit Cintas’ ability to incur certain liens, to engage in sale-leaseback transactions and to merge, consolidate or sell all or substantially all of Cintas’ assets. These covenants also require Cintas to maintain certain debt to EBITDA and interest coverage ratios. Cross-default provisions exist between certain debt instruments.  Cintas is in compliance with all of the significant debt covenants for all periods presented. If a default of a significant covenant were to occur, the default could result in an acceleration of the maturity of the indebtedness, impair liquidity and limit the ability to raise future capital. 

6.Income Taxes

In the normal course of business, Cintas provides for uncertain tax positions and the related interest, and adjusts its unrecognized tax benefits and accrued interest accordingly.  During the three months ended November 30, 2012, unrecognized tax benefits decreased by approximately $32.5 million and accrued interest decreased by approximately $1.2 million.  During the six months ended November 30, 2012, unrecognized tax benefits decreased by approximately $32.1 million and accrued interest decreased by approximately $1.1 million. The decrease in unrecognized tax benefits for the three months and six months ended November 30, 2012, was due to a change in the IRS capitalization regulations adopted by Cintas in the second quarter of fiscal 2013 and resulted in a reclass between long-term accrued liabilities and deferred tax liability.

All U.S. federal income tax returns are closed to audit through fiscal 2010.  Cintas is currently in advanced stages of various audits in certain foreign jurisdictions and certain domestic states. The years under audit cover fiscal years back to 2005.  Based on the resolution of the various audits and changes in tax law, it is reasonably possible that the balance of unrecognized tax benefits could decrease by $1.3 million for the fiscal year ending May 31, 2013.

On December 23, 2011, the U.S. Department of the Treasury and the Internal Revenue Service issued temporary regulations (Regulations Section 2011-14) that provide guidance on amounts paid to improve tangible property, and acquire or produce tangible property, as well as guidance regarding the disposition of property and the expensing of supplies and materials. The finalized regulations are effective for Cintas' fiscal year ending May 31, 2014. Due to the recently announced extension of effective date of the regulations and indications of changes to the de minimis and disposition rules, Cintas continues to review these regulations, but does not believe there will be a material impact on Cintas’ consolidated financial statements.

12

7. Litigation and Other Contingencies

Cintas is subject to legal proceedings, insurance receipts, legal settlements and claims arising from the ordinary course of its business, including personal injury, customer contract, environmental and employment claims. In the opinion of management, the aggregate liability, if any, with respect to such ordinary course of business actions will not have a material adverse effect on the consolidated financial position, consolidated results of operation or consolidated cash flows of Cintas. Cintas is party to additional litigation not considered in the ordinary course of business, including the litigation discussed below.

Cintas is a defendant in a purported class action lawsuit, Mirna E. Serrano, et al. v. Cintas Corporation (Serrano), filed on May 10, 2004, and pending in the United States District Court, Eastern District of Michigan, Southern Division.  The Serrano plaintiffs alleged that Cintas discriminated against women in hiring into various service sales representative positions across all divisions of Cintas.  On November 15, 2005, the Equal Employment Opportunity Commission (EEOC) intervened in the Serrano lawsuit.  The Serrano plaintiffs seek injunctive relief, compensatory damages, punitive damages, attorneys’ fees and other remedies.  On October 27, 2008, the United States District Court in the Eastern District of Michigan granted summary judgment in favor of Cintas limiting the scope of the putative class in the Serrano lawsuit to female applicants for service sales representative positions at Cintas locations within the state of Michigan.  Consequently, all claims brought by female applicants for service sales representative positions outside of the state of Michigan were dismissed.  Similarly, any claims brought by the EEOC on behalf of similarly situated female applicants outside of the state of Michigan have also been dismissed from the Serrano lawsuit. In September 2010, the Court in Serrano dismissed all private individual claims and all claims of the EEOC and the 13 individuals it claimed to represent. The EEOC appealed the District Court's summary judgment decisions and various other rulings to the United States Court of Appeals for the Sixth Circuit. On November 9, 2012, a three-judge panel of the Sixth Circuit reversed the District Court's opinion and remanded the claims back to the District Court. On November 21, 2012, Cintas filed a Petition for Rehearing and Rehearing en banc requesting that a full panel of the Sixth Circuit review the decision issued by the three-judge panel and reverse the three-judge panel's decision. The Sixth Circuit ordered the EEOC to respond to the Petition for Rehearing and Rehearing en banc, and the EEOC filed its response on December 14, 2012. As of January 9, 2013, the Sixth Circuit has not yet ruled on Cintas' Petition for Rehearing and Rehearing en banc.

Cintas is a defendant in another purported class action lawsuit, Blanca Nelly Avalos, et al. v. Cintas Corporation (Avalos), which was filed in the United States District Court, Eastern District of Michigan, Southern Division.  The Avalos plaintiffs alleged that Cintas discriminated against women, African-Americans and Hispanics in hiring into various service sales representative positions in Cintas’ Rental division only throughout the United States.  The Avalos plaintiffs sought injunctive relief, compensatory damages, punitive damages, attorneys’ fees and other remedies.  The claims in Avalos originally were brought in the lawsuit captioned Robert Ramirez, et al. v. Cintas Corporation(Ramirez), filed on January 20, 2004, in the United States District Court, Northern District of California, San Francisco Division.  On May 11, 2006, the Ramirez and Avalos African-American, Hispanic and female failure to hire into service sales representative positions claims and the EEOC’s intervention were consolidated for pretrial purposes with the Serrano case and transferred to the United States District Court for the Eastern District of Michigan, Southern Division.  The consolidated case was known as Mirna E. Serrano/BlancaNelly Avalos, et al. v. Cintas Corporation (Serrano/Avalos).  On March 31, 2009, the United States District Court, Eastern District of Michigan, Southern Division entered an order denying class certification to all plaintiffs in the Serrano/Avalos lawsuits.   Following denial of class certification, the Court permitted the individual Avalos and Serrano plaintiffs to proceed separately.  In the Avalos case, the Court dismissed the remaining claims of the individual plaintiffs who remained in that case after the denial of class certification.  On May 11, 2010, Plaintiff Tanesha Davis, on behalf of all similarly situated plaintiffs in the Avalos case, filed a notice of appeal of the District Court’s summary judgment order in the United States Court of Appeals for the Sixth Circuit.  The Appellate Court has made no determination regarding the merits of Davis’ appeal. 

The litigation discussed above, if decided or settled adversely to Cintas, may, individually or in the aggregate, result in liability material to Cintas’ consolidated financial condition, consolidated results of operation or consolidated cash flows and could increase costs of operations on an ongoing basis.  Any estimated liability relating to these proceedings is not determinable at this time.  Cintas may enter into discussions regarding settlement of these and other lawsuits, and may enter into settlement agreements if it believes such settlement is in the best interest of Cintas’ shareholders.

13

8.Segment Information

Cintas classifies its businesses into four operating segments based on the types of products and services provided.  The Rental Uniforms and Ancillary Products operating segment consists of the rental and servicing of uniforms and other garments including flame resistant clothing, mats, mops and shop towels and other ancillary items.  In addition to these rental items, restroom cleaning services and supplies and carpet and tile cleaning services are also provided within this operating segment.  The Uniform Direct Sales operating segment consists of the direct sale of uniforms and related items and branded promotional products.  The First Aid, Safety and Fire Protection Services operating segment consists of first aid, safety and fire protection products and services.  The Document Management Services operating segment consists of document destruction, document imaging and document retention services.

Cintas evaluates the performance of each operating segment based on several factors of which the primary financial measures are operating segment revenue and income before income taxes.  The accounting policies of the operating segments are the same as those described in Note 1 entitled Basis of Presentation.  Information related to the operations of Cintas’ operating segments is set forth below: 

(In thousands)	Rental Uniforms & Ancillary Products		Uniform Direct Sales		First Aid, Safety & Fire Protection		Document Management		Corporate			Total
For the three months ended November 30, 2012
Revenue	$	755,839	$	110,203	$	111,513	$	82,831	$	—		$	1,060,386
Income (loss) before income taxes	$	116,051	$	10,404	$	9,654	$	2,914	$	(16,145	)	$	122,878
For the three months ended November 30, 2011
Revenue	$	722,789	$	111,946	$	101,687	$	82,704	$	—		$	1,019,126
Income (loss) before income taxes	$	104,477	$	13,242	$	8,962	$	6,004	$	(17,325	)	$	115,360
As of and for the six months ended November 30, 2012
Revenue	$	1,510,682	$	210,482	$	222,354	$	168,193	$	—		$	2,111,711
Income (loss) before income taxes	$	232,958	$	19,145	$	18,675	$	7,539	$	(32,666	)	$	245,651
Total assets	$	2,813,707	$	143,880	$	393,429	$	590,517	$	276,349		$	4,217,882
As of and for the six months ended November 30, 2011
Revenue	$	1,442,212	$	213,648	$	205,430	$	175,016	$	—		$	2,036,306
Income (loss) before income taxes	$	203,895	$	21,649	$	17,345	$	18,370	$	(34,294	)	$	226,965
Total assets	$	2,803,231	$	157,339	$	364,461	$	552,676	$	337,605		$	4,215,312

14

9.Supplemental Guarantor Information

Cintas Corporation No. 2 (Corp. 2) is the indirectly, wholly-owned principal operating subsidiary of Cintas.  Corp. 2 is the issuer of the $1,300.0 million aggregate principal amount of long-term senior notes, which are unconditionally guaranteed, jointly and severally, by Cintas Corporation and its wholly-owned, direct and indirect domestic subsidiaries.

As allowed by SEC rules, the following condensed consolidating financial statements are provided as an alternative to filing separate financial statements of the guarantors.  Each of the subsidiaries presented in the following condensed consolidating financial statements has been fully consolidated in Cintas’ consolidated financial statements.  The following condensed consolidating financial statements should be read in conjunction with the consolidated financial statements of Cintas and notes thereto of which this note is an integral part.

Condensed consolidating financial statements for Cintas, Corp. 2, the subsidiary guarantors and non-guarantors are presented on the following pages: 

15

Condensed Consolidating Income Statement

Three Months Ended November 30, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	575,274		$	152,771		$	55,370		$	(27,576	)	$	755,839
Other services	—		387,265			10,630			28,964			(122,312		)	304,547
Equity in net income of affiliates	78,027		—			—			—			(78,027		)	—
	78,027		962,539			163,401			84,334			(227,915		)	1,060,386
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		367,645			95,014			38,923			(62,680		)	438,902
Cost of other services	—		256,524			(6,949		)	18,564			(78,691		)	189,448
Selling and administrative expenses	—		280,259			(7,023		)	23,705			(3,928		)	293,013
Operating income	78,027		58,111			82,359			3,142			(82,616		)	139,023
Interest income	—		(13		)	(126		)	(10		)	—			(149		)
Interest expense (income)	—		16,277			18			(1		)	—			16,294
Income before income taxes	78,027		41,847			82,467			3,153			(82,616		)	122,878
Income taxes	—		14,876			29,241			746			(12		)	44,851
Net income	$	78,027	$	26,971		$	53,226		$	2,407		$	(82,604	)	$	78,027

16

Condensed Consolidating Income Statement

Three Months Ended November 30, 2011

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	558,143		$	141,673		$	51,276		$	(28,303	)	$	722,789
Other services	—		367,926			14,511			28,838			(114,938		)	296,337
Equity in net income of affiliates	74,350		—			—			—			(74,350		)	—
	74,350		926,069			156,184			80,114			(217,591		)	1,019,126
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		356,105			83,939			35,270			(65,067		)	410,247
Cost of other services	—		236,673			3,794			18,305			(79,690		)	179,082
Selling and administrative expenses	—		266,206			7,402			26,181			(2,677		)	297,112
Operating income	74,350		67,085			61,049			358			(70,157		)	132,685
Interest income	—		(77		)	(111		)	(215		)	—			(403		)
Interest expense (income)	—		17,813			(433		)	348			—			17,728
Income before income taxes	74,350		49,349			61,593			225			(70,157		)	115,360
Income taxes	—		18,231			22,753			36			(10		)	41,010
Net income	$	74,350	$	31,118		$	38,840		$	189		$	(70,147	)	$	74,350

17

Condensed Consolidating Income Statement

Six Months Ended November 30, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	1,151,559		$	305,588		$	109,154		$	(55,619	)	$	1,510,682
Other services	—		756,671			21,509			58,342			(235,493		)	601,029
Equity in net income of affiliates	154,760		—			—			—			(154,760		)	—
	154,760		1,908,230			327,097			167,496			(445,872		)	2,111,711
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		731,842			184,356			75,543			(124,691		)	867,050
Cost of other services	—		492,855			(9,366		)	36,272			(153,011		)	366,750
Selling and administrative expenses	—		570,903			(11,162		)	48,006			(8,153		)	599,594
Operating income	154,760		112,630			163,269			7,675			(160,017		)	278,317
Interest income	—		(31		)	(161		)	(34		)	—			(226		)
Interest expense	—		32,843			49			—			—			32,892
Income before income taxes	154,760		79,818			163,381			7,709			(160,017		)	245,651
Income taxes	—		29,255			59,883			1,770			(17		)	90,891
Net income	$	154,760	$	50,563		$	103,498		$	5,939		$	(160,000	)	$	154,760

18

Condensed Consolidating Income Statement

Six Months Ended November 30, 2011

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	1,111,891		$	283,588		$	103,859		$	(57,126	)	$	1,442,212
Other services	—		725,658			31,672			58,640			(221,876		)	594,094
Equity in net income of affiliates	142,988		—			—			—			(142,988		)	—
	142,988		1,837,549			315,260			162,499			(421,990		)	2,036,306
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		702,881			168,291			71,179			(128,698		)	813,653
Cost of other services	—		457,505			1,734			36,130			(141,553		)	353,816
Selling and administrative expenses	—		541,823			23,397			48,465			(6,107		)	607,578
Operating income	142,988		135,340			121,838			6,725			(145,632		)	261,259
Interest income	—		(157		)	(238		)	(373		)	—			(768		)
Interest expense (income)	—		35,589			(881		)	354			—			35,062
Income before income taxes	142,988		99,908			122,957			6,744			(145,632		)	226,965
Income taxes	—		36,897			45,409			1,683			(12		)	83,977
Net income	$	142,988	$	63,011		$	77,548		$	5,061		$	(145,620	)	$	142,988

19

Condensed Consolidating Statement of Comprehensive Income

Three Months Ended November 30, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	78,027	$	26,971		$	53,226		$	2,407		$	(82,604	)	$	78,027
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		(1		)	—			1,676			—			1,675
Change in fair value of derivatives	—		—			—			—			—			—
Amortization of interest rate lock           agreements	—		488			—			—			—			488
Change in fair value of available-for-           sale securities	—		—			(7		)	(3		)	—			(10		)
Other comprehensive income	—		487			(7		)	1,673			—			2,153
Comprehensive income	$	78,027	$	27,458		$	53,219		$	4,080		$	(82,604	)	$	80,180

20

Condensed Consolidating Statement of Comprehensive Income

Three Months Ended November 30, 2011

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors		Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	74,350	$	31,118		$	38,840	$	189		$	(70,147	)	$	74,350
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		(34		)	—		(20,730		)	—			(20,764		)
Change in fair value of derivatives	—		124			—		(97		)	—			27
Amortization of interest rate lock           agreements	—		377			—		—			—			377
Change in fair value of available-for-           sale securities	—		—			—		7			—			7
Other comprehensive income	—		467			—		(20,820		)	—			(20,353		)
Comprehensive income	$	74,350	$	31,585		$	38,840	$	(20,631	)	$	(70,147	)	$	53,997

21

Condensed Consolidating Statement of Comprehensive Income

Six Months Ended November 30, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	154,760	$	50,563		$	103,498		$	5,939		$	(160,000	)	$	154,760
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		7			—			8,685			—			8,692
Change in fair value of derivatives	—		(151		)	—			—			—			(151		)
Amortization of interest rate lock           agreements	—		976			—			—			—			976
Change in fair value of available-for-           sale securities	—		—			(7		)	(5		)	—			(12		)
Other comprehensive income	—		832			(7		)	8,680			—			9,505
Comprehensive income	$	154,760	$	51,395		$	103,491		$	14,619		$	(160,000	)	$	164,265

22

Condensed Consolidating Statement of Comprehensive Income

Six Months Ended November 30, 2011

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors		Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	142,988	$	63,011		$	77,548	$	5,061		$	(145,620	)	$	142,988
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		(35		)	—		(20,511		)	—			(20,546		)
Change in fair value of derivatives	—		207			—		(26		)	—			181
Amortization of interest rate lock           agreements	—		754			—		—			—			754
Change in fair value of available-for-           sale securities	—		—			—		25			—			25
Other comprehensive income	—		926			—		(20,512		)	—			(19,586		)
Comprehensive income	$	142,988	$	63,937		$	77,548	$	(15,451	)	$	(145,620	)	$	123,402

23

Condensed Consolidating Balance Sheet

As of November 30, 2012

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors		Eliminations			Cintas Corporation Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	45,036		$	167,453		$	29,998	$	—		$	242,487
Marketable securities	—			—			9,781			24,081		—			33,862
Accounts receivable, net	—			350,351			88,484			40,271		—			479,106
Inventories, net	—			200,445			22,519			10,545		2,686			236,195
Uniforms and other rental items in service	—			353,213			110,312			37,406		(18,930		)	482,001
Income taxes, current	—			(5,510		)	12,009			14,477		—			20,976
Prepaid expenses and other	—			7,766			13,940			3,329		—			25,035
Total current assets	—			951,301			424,498			160,107		(16,244		)	1,519,662
Property and equipment, at cost, net	—			612,243			263,130			91,887		—			967,260
Goodwill	—			—			1,452,020			70,391		—			1,522,411
Service contracts, net	—			85,481			229			4,770		—			90,480
Other assets, net	1,569,229			1,627,395			2,633,892			760,007		(6,472,454		)	118,069
	$	1,569,229		$	3,276,420		$	4,773,769		$	1,087,162	$	(6,488,698	)	$	4,217,882
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	(465,247	)	$	(549,502	)	$	1,075,016		$	20,248	$	38,019		$	118,534
Accrued compensation and related liabilities	—			37,444			12,359			4,677		—			54,480
Accrued liabilities	—			64,319			249,467			11,291		—			325,077
Deferred tax (asset) liability	—			(557		)	53,401			3,583		—			56,427
Long-term debt due within one year	—			910			(249		)	—		—			661
Total current liabilities	(465,247		)	(447,386		)	1,389,994			39,799		38,019			555,179
Long-term liabilities:
Long-term debt due after one year	—			1,318,234			(10,253		)	848		—			1,308,829
Deferred income taxes	—			(7		)	200,880			5,909		—			206,782
Accrued liabilities	—			—			65,541			907		—			66,448
Total long-term liabilities	—			1,318,227			256,168			7,664		—			1,582,059
Total shareholders’ equity	2,034,476			2,405,579			3,127,607			1,039,699		(6,526,717		)	2,080,644
	$	1,569,229		$	3,276,420		$	4,773,769		$	1,087,162	$	(6,488,698	)	$	4,217,882

24

Condensed Consolidating Balance Sheet

As of May 31, 2012

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors		Eliminations			Cintas Corporation Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	58,737		$	229,287		$	51,801	$	—		$	339,825
Accounts receivable, net	—			327,442			81,243			42,176		—			450,861
Inventories, net	—			210,283			20,258			10,781		9,883			251,205
Uniforms and other rental items in service	—			337,298			101,435			35,051		(20,999		)	452,785
Income taxes, current	—			5,296			3,642			13,250		—			22,188
Prepaid expenses and other	—			7,905			12,770			4,029		—			24,704
Total current assets	—			946,961			448,635			157,088		(11,116		)	1,541,568
Property and equipment, at cost, net	—			600,565			259,744			83,996		—			944,305
Goodwill	—			—			1,419,535			65,840		—			1,485,375
Service contracts, net	—			71,337			326			5,159		—			76,822
Other assets, net	1,637,225			1,628,516			2,467,198			759,439		(6,379,542		)	112,836
	$	1,637,225		$	3,247,379		$	4,595,438		$	1,071,522	$	(6,390,658	)	$	4,160,906
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	(465,247	)	$	(475,624	)	$	978,932		$	18,760	$	38,019		$	94,840
Accrued compensation and related liabilities	—			63,797			21,619			5,798		—			91,214
Accrued liabilities	—			67,651			176,220			13,557		(786		)	256,642
Deferred tax (asset) liability	—			(538		)	(87		)	3,184		—			2,559
Long-term debt due within one year	—			225,866			(230		)	—		—			225,636
Total current liabilities	(465,247		)	(118,848		)	1,176,454			41,299		37,233			670,891
Long-term liabilities:
Long-term debt due after one year	—			1,068,820			(11,288		)	848		786			1,059,166
Deferred income taxes	—			(6		)	199,404			5,183		—			204,581
Accrued liabilities	—			—			86,406			727		—			87,133
Total long-term liabilities	—			1,068,814			274,522			6,758		786			1,350,880
Total shareholders’ equity	2,102,472			2,297,413			3,144,462			1,023,465		(6,428,677		)	2,139,135
	$	1,637,225		$	3,247,379		$	4,595,438		$	1,071,522	$	(6,390,658	)	$	4,160,906

25

Condensed Consolidating Statement of Cash Flows

Six Months Ended November 30, 2012

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Cash flows from operating activities:
Net income	$	154,760		$	50,563		$	103,498		$	5,939		$	(160,000	)	$	154,760
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation	—			48,061			26,608			6,652			—			81,321
Amortization of intangible assets	—			10,318			117			1,538			—			11,973
Stock-based compensation	11,084			—			—			—			—			11,084
Deferred income taxes	—			(1		)	54,959			287			—			55,245
Changes in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	—			(20,450		)	(7,242		)	3,164			—			(24,528		)
Inventories, net	—			9,838			(2,262		)	687			7,197			15,460
Uniforms and other rental items in service	—			(15,915		)	(8,877		)	(1,244		)	(2,069		)	(28,105		)
Prepaid expenses and other	—			152			(1,170		)	816			—			(202		)
Accounts payable	—			(41,309		)	63,503			825			—			23,019
Accrued compensation and related liabilities	—			(26,353		)	(9,260		)	(1,286		)	—			(36,899		)
Accrued liabilities	—			(7,450		)	(27,362		)	(2,438		)	786			(36,464		)
Income taxes payable	—			10,815			(8,365		)	(1,851		)	—			599
Net cash provided by (used in) operating activities	165,844			18,269			184,147			13,089			(154,086		)	227,263
Cash flows from investing activities:
Capital expenditures	—			(57,660		)	(29,923		)	(11,479		)	—			(99,062		)
Proceeds from redemption of marketable securities	—			—			1,065			40,388			—			41,453
Purchase of marketable securities and investments	—			557			(17,931		)	(64,295		)	1,615			(80,054		)
Acquisitions of businesses, net of cash acquired	—			(51,984		)	—			(1,259		)	—			(53,243		)
Other	(11,749		)	57,625			(201,693		)	1,887			153,257			(673		)
Net cash (used in) provided by investing activities	(11,749		)	(51,462		)	(248,482		)	(34,758		)	154,872			(191,579		)
Cash flows from financing activities:
Proceeds from issuance of debt	—			250,000			—			—			—			250,000
Repayment of debt	—			(225,542		)	1,016			—			(786		)	(225,312		)
Exercise of stock-based compensation awards	2,357			—			—			—			—			2,357
Repurchase of common stock	(159,175		)	—			—			—			—			(159,175		)
Other	2,723			(4,965		)	—			(234		)	—			(2,476		)
Net cash (used in) provided by financing activities	(154,095		)	19,493			1,016			(234		)	(786		)	(134,606		)
Effect of exchange rate changes on cash and cash equivalents	—			(1		)	1,485			100			—			1,584
Net decrease in cash and cash equivalents	—			(13,701		)	(61,834		)	(21,803		)	—			(97,338		)
Cash and cash equivalents at beginning of period	—			58,737			229,287			51,801			—			339,825
Cash and cash equivalents at end of period	$	—		$	45,036		$	167,453		$	29,998		$	—		$	242,487

26

Condensed Consolidating Statement of Cash Flows

Six Months Ended November 30, 2011

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Cash flows from operating activities:
Net income	$	142,988		$	63,011		$	77,548		$	5,061		$	(145,620	)	$	142,988
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation	—			47,021			23,527			6,374			—			76,922
Amortization of intangible assets	—			17,305			205			2,594			—			20,104
Stock-based compensation	9,756			—			—			—			—			9,756
Deferred income taxes	—			—			(12,396		)	629			—			(11,767		)
Changes in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	—			(14,793		)	(4,301		)	(1,756		)	—			(20,850		)
Inventories, net	—			(42,583		)	3,246			790			(721		)	(39,268		)
Uniforms and other rental items in service	—			(22,332		)	(9,748		)	(903		)	3,353			(29,630		)
Prepaid expenses and other	—			(974		)	(4,476		)	322			—			(5,128		)
Accounts payable	—			(51,087		)	42,294			10,636			—			1,843
Accrued compensation and related liabilities	—			(10,318		)	(4,813		)	(183		)	—			(15,314		)
Accrued liabilities	—			4,485			25,936			(4,919		)	804			26,306
Income taxes payable	—			8,586			10,178			1,232			—			19,996
Net cash provided by (used in) operating activities	152,744			(1,679		)	147,200			19,877			(142,184		)	175,958
Cash flows from investing activities:
Capital expenditures	—			(50,166		)	(23,731		)	(5,935		)	—			(79,832		)
Proceeds from redemption of marketable securities	—			—			—			140,162			—			140,162
Purchase of marketable securities and investments	—			(1,282		)	(33,394		)	(189,255		)	30,404			(193,527		)
Acquisitions of businesses, net of cash acquired	—			(9,831		)	(65		)	(4,655		)	—			(14,551		)
Other	109,311			52,721			(268,817		)	(27		)	112,584			5,772
Net cash provided by (used in) investing activities	109,311			(8,558		)	(326,007		)	(59,710		)	142,988			(141,976		)
Cash flows from financing activities:
Repayment of debt	—			(522		)	423			—			(804		)	(903		)
Exercise of stock-based compensation awards	78			—			—			—			—			78
Repurchase of common stock	(262,682		)	—			—			—			—			(262,682		)
Other	549			754			—			151			—			1,454
Net cash (used in) provided by financing activities	(262,055		)	232			423			151			(804		)	(262,053		)
Effect of exchange rate changes on cash and cash equivalents	—			(182		)	—			(2,081		)	—			(2,263		)
Net decrease in cash and cash equivalents	—			(10,187		)	(178,384		)	(41,763		)	—			(230,334		)
Cash and cash equivalents at beginning of period	—			54,957			313,283			69,866			—			438,106
Cash and cash equivalents at end of period	$	—		$	44,770		$	134,899		$	28,103		$	—		$	207,772

27

CINTAS CORPORATION

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF

FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

BUSINESS STRATEGY

Cintas provides highly specialized products and services to businesses of all types primarily throughout North America, as well as Latin America, Europe and Asia.  We bring value to our customers by helping them provide a cleaner, safer and more pleasant atmosphere for their customers and employees.  Our products and services are designed to improve our customers’ images.  We also help our customers protect their employees and their company by enhancing workplace safety and helping to ensure legal compliance in key areas of their business.

We are North America’s leading provider of corporate identity uniforms through rental and sales programs, as well as a significant provider of related business services, including entrance mats, restroom cleaning services and supplies, carpet and tile cleaning services, first aid, safety and fire protection products and services, document management services and branded promotional products.

Cintas’ principal objective is “to exceed customers’ expectations in order to maximize the long-term value of Cintas for shareholders and working partners,” and it provides the framework and focus for Cintas’ business strategy.  This strategy is to achieve revenue growth for all of our products and services by increasing our penetration at existing customers and by broadening our customer base to include business segments that we have not historically served.  We will also continue to identify additional product and service opportunities for our current and future customers.

To pursue the strategy of increasing penetration, we have a highly talented and diverse team of service professionals visiting our customers on a regular basis.  This frequent contact with our customers enables us to develop close personal relationships.  The combination of our distribution system and these strong customer relationships provides a platform from which we launch additional products and services.

We pursue the strategy of broadening our customer base in several ways.  Cintas has a national sales organization introducing all of its products and services to prospects in all business segments.  Our broad range of products and services allows our sales organization to consider any type of business a prospect.  We also broaden our customer base through geographic expansion, especially in our emerging businesses of first aid and safety, fire protection and document management.  Finally, we evaluate strategic acquisitions as opportunities arise.

RESULTS OF OPERATIONS

Cintas classifies its businesses into four operating segments based on the types of products and services provided.  The Rental Uniforms and Ancillary Products operating segment consists of the rental and servicing of uniforms and other garments including flame resistant clothing, mats, mops and shop towels and other ancillary items.  In addition to these rental items, restroom cleaning services and supplies and carpet and tile cleaning services are also provided within this operating segment.  The Uniform Direct Sales operating segment consists of the direct sale of uniforms and related items and branded promotional products.  The First Aid, Safety and Fire Protection Services operating segment consists of first aid, safety and fire protection products and services.  The Document Management Services operating segment consists of document destruction, document imaging and document retention services.  Revenue and income before income taxes for each of these operating segments for the three and six months endedNovember 30, 2012 and 2011, are presented in Note 8 entitled Segment Information of “Notes to Consolidated Condensed Financial Statements.”

Consolidated Results

Three Months EndedNovember 30, 2012 Compared to Three Months EndedNovember 30, 2011

Total revenue increased 4.0% for the three months ended November 30, 2012, over the same period in the prior fiscal year from $1,019.1 million to $1,060.4 million.  The increase primarily resulted from an organic growth increase (excludes the impact of acquisitions) in revenue of 3.4%.  The remaining 0.6% increase represents growth derived through acquisitions in our First Aid, Safety and Fire Protection Services operating segment and our Document Management Services operating segment.

28

Rental Uniforms and Ancillary Products operating segment revenue increased 4.6% for the three months ended November 30, 2012, over the same period in the prior fiscal year from $722.8 million to $755.8 million.  The increase resulted from an organic growth increase in revenue of 4.5% primarily due to improvements in sales representative productivity and an increase in the number of sales representatives. Generally, sales productivity improvements are the result of increased tenure and improved training, which result in a higher number of products and services sold.

Other Services revenue, consisting of revenue from the reportable operating segments of Uniform Direct Sales, First Aid, Safety and Fire Protection Services and Document Management Services, increased 2.8% for the three months ended November 30, 2012, over the same period in the prior fiscal year from $296.3 million to $304.5 million. Other Services revenue increased organically by 0.5%.  The remaining 2.3% increase represents growth derived through acquisitions in our First Aid, Safety and Fire Protection Services operating segment and our Document Management Services operating segment.  The positive organic growth for Other Services revenue for the quarter was primarily the result of a 4.8% increase in First Aid, Safety and Fire Protection Services operating segment revenue. This organic growth increase in revenue was partially offset by an organic decrease of 1.8% in Document Management Services operating segment revenue and a 1.6% decrease in Uniform Direct Sales operating segment revenue. 

Cost of rental uniforms and ancillary products consists primarily of production expenses, delivery expenses and the amortization of in service inventory, including uniforms, mats, shop towels and other ancillary items.  Cost of rental uniforms and ancillary products increased $28.7 million, or 7.0%, for the three months ended November 30, 2012, compared to the three months ended November 30, 2011.  This increase was due to higher Rental Uniforms and Ancillary Products operating segment sales volume, an increase in material cost due to an increase in customer accounts, which require the injection of inventory into in service inventory, and a $1.6 million write-off of a garment processing system. 

Cost of other services consists primarily of cost of goods sold (predominantly uniforms and first aid products), delivery expenses and distribution expenses in the Uniform Direct Sales operating segment, the First Aid, Safety and Fire Protection Services operating segment and the Document Management Services operating segment.  Cost of other services increased $10.4 million, or 5.8%, for the three months ended November 30, 2012, compared to the three months ended November 30, 2011.  This increase was primarily due to increased First Aid, Safety and Fire Protection Services operating segment sales volume.

Selling and administrative expenses decreased $4.1 million, or 1.4%, for the three months ended November 30, 2012, compared to the three months ended November 30, 2011, due to a gain on the sale of stock of an equity method investment and lower amortization of intangible assets related to prior year acquisitions. 

Net interest expense (interest expense less interest income) was $16.1 million for the three months ended November 30, 2012, compared to $17.3 million for the three months ended November 30, 2011.  This decreased interest cost is due to the maturity of the $225.0 million aggregate principal amount of 6.0% senior notes on June 1, 2012, offset by the new issuance of $250.0 million aggregate principal amount of 3.25% senior notes due 2022 in the first quarter of fiscal 2013.

Cintas’ effective tax rate was 36.5% for the three months ended November 30, 2012, compared to 35.5% for the three months ended November 30, 2011.  The effective tax rate can fluctuate from quarter to quarter based on tax reserve builds and releases relating to specific discrete items.

Net income increased $3.7 million, or 4.9%, for the three months ended November 30, 2012, from the same period in the prior fiscal year.  This increase was primarily due to revenue increasing at a faster rate of 4.0% compared to a 3.9% increase in operating expenses.  Revenue grew at a faster rate primarily due to improvements in sales representative productivity and improved customer retention.  Diluted earnings per share were $0.63 for the three months ended November 30, 2012, which was an increase of 10.5% compared to the same period in the prior fiscal year.  The increase in diluted earnings per share is higher than the increase in net income due to a decrease in weighted average common stock outstanding as a result of purchasing 7.1 million shares of common stock under the October 18, 2011 share buyback program during the fourth quarter of fiscal 2012 and the first half of fiscal 2013.

29

Rental Uniforms and Ancillary Products Operating Segment

Three Months EndedNovember 30, 2012 Compared to Three Months EndedNovember 30, 2011

As discussed above, Rental Uniforms and Ancillary Products operating segment revenue increased from $722.8 million to $755.8 million, or 4.6%, and the cost of rental uniforms and ancillary products increased $28.7 million, or 7.0%, for the second quarter of fiscal 2013 compared to the second quarter of fiscal 2012. The operating segment’s gross margin was $316.9 million, or 41.9% of revenue, for the second quarter of fiscal 2013.  This gross margin percent of revenue of 41.9% was 130 basis points lower than the prior fiscal year’s second quarter of 43.2%, primarily due to an increase in material cost due to an increase in customer accounts, which require the injection of inventory into in service inventory, and a $1.6 million write-off of a garment processing system.

Selling and administrative expenses as a percent of revenue, at 26.6%, decreased 220 basis points, or $7.2 million, compared to the second quarter of the prior fiscal year due to a gain on the sale of stock of an equity method investment, lower medical expenses and lower amortization of intangible assets related to prior year acquisitions.

Income before income taxes increased $11.6 million to $116.1 million for the Rental Uniforms and Ancillary Products operating segment for the second quarter of fiscal 2013 compared to the same quarter last fiscal year.  Income before income taxes was 15.4% of the operating segment’s revenue, which is a 90 basis point increase compared to the second quarter of the prior fiscal year.  This improvement is primarily due to the decrease in selling and administrative expenses as discussed above, partially offset by the increase in cost of rental uniforms and ancillary products due to the increase in material cost.

Uniform Direct Sales Operating Segment

Three Months EndedNovember 30, 2012 Compared to Three Months EndedNovember 30, 2011

Uniform Direct Sales operating segment revenue decreased from $111.9 million to $110.2 million, or 1.6%, for the three months ended November 30, 2012, over the same quarter in the prior fiscal year due to decreased customer orders for uniforms. 

Cost of uniform direct sales increased $1.2 million, or 1.5%, for the three months ended November 30, 2012, over the same quarter in the prior fiscal year.  The gross margin as a percent of revenue was 27.4% for the three months ended November 30, 2012, which is a 220 basis point decrease compared to the gross margin percent of revenue of 29.6% in the same quarter of the prior fiscal year.  The increase in cost of uniform direct sales and the gross margin percent to revenue decrease is due to an unfavorable mix of products being sold and costs incurred in anticipation of large roll-outs scheduled to occur in the second half of fiscal 2013.

Selling and administrative expenses were comparable for the second quarter of fiscal 2013 to the second quarter of fiscal 2012, but as a percent of revenue, at 18.0%, increased 20 basis points for the three months ended November 30, 2012. This increase in percent of revenue is mainly due to lower revenue for the second quarter of fiscal 2013 compared to the same quarter in the prior fiscal year.

Income before income taxes decreased $2.8 million for the Uniform Direct Sales operating segment for the second quarter of fiscal 2013 compared to the same quarter last fiscal year.  Income before income taxes was 9.4% of the operating segment’s revenue, which is a 240 basis point decrease compared to the same quarter last fiscal year.  This decrease in income before income taxes is primarily due to the decline in gross margin as discussed above.

First Aid, Safety and Fire Protection Services Operating Segment

Three Months EndedNovember 30, 2012 Compared to Three Months EndedNovember 30, 2011

First Aid, Safety and Fire Protection Services operating segment revenue increased from $101.7 million to $111.5 million, or 9.7%, for the three months ended November 30, 2012.  The increase primarily resulted from organic growth in revenue of 4.8% due to improvements in sales representative productivity. The remaining 4.9% increase represents growth through acquisitions.

30

Cost of first aid, safety and fire protection services increased $6.3 million, or 11.0%, for the three months ended November 30, 2012, over the three months ended November 30, 2011, due to increased First Aid, Safety and Fire Protection Services operating segment volume.  Gross margin for the First Aid, Safety and Fire Protection Services operating segment is defined as revenue less cost of goods, warehouse expenses, service expenses and training expenses.  The gross margin as a percent of revenue was 42.4% for the quarter ended November 30, 2012, which is a 70 basis point decrease compared to the gross margin percent of revenue of 43.1% in the same quarter of the prior fiscal year. This decrease is due to an unfavorable mix towards more lower margin national account business.

Selling and administrative expenses increased $2.8 million compared to the second quarter of the prior fiscal year, primarily due to an increase in labor and other employee-partner related expenses.  Selling and administrative expenses as a percent of revenue, at 33.7%, decreased 60 basis points compared to the second quarter of the prior fiscal year due to the higher rate of growth of revenue for the second quarter of fiscal 2013 compared to the same quarter in the prior fiscal year.

Income before income taxes for the First Aid, Safety and Fire Protection Services operating segment increased $0.7 million to $9.7 million for the three months ended November 30, 2012, compared to the same quarter in the prior fiscal year, primarily due to the increase in First Aid, Safety and Fire Protection Services operating segment revenue.  Income before income taxes, at 8.7% of the operating segment’s revenue, was comparable to the same quarter last fiscal year.

Document Management Services Operating Segment

Three Months EndedNovember 30, 2012 Compared to Three Months EndedNovember 30, 2011

Document Management Services operating segment revenue increased from $82.7 million to $82.8 million, or 0.2%, for the quarter ended November 30, 2012, over the same quarter in the prior fiscal year. Document Management Services operating segment revenue decreased organically by 1.8% due to a decrease in recycled paper revenue. This was offset by revenue growth of 2.0% due to acquisitions.  The rate of growth in this operating segment decelerated during the quarter ended November 30, 2012, compared to the quarter ended November 30, 2011, due to a steep decline in recycled paper prices.  This operating segment derives a portion of its revenue from the sale of shredded paper to paper recyclers.  The average price of recycled paper for the second quarter of fiscal 2013 was approximately 28% below the average for the second quarter of the prior fiscal year.

Cost of document management services increased $2.8 million, or 6.7%, for the three months ended November 30, 2012, over the same quarter in the prior fiscal year due to increased Document Management Services operating segment volume. Gross margin for the Document Management Services operating segment is defined as revenue less production and service costs.  The gross margin as a percent of revenue was 45.4% for the three months ended November 30, 2012, which is a 340 basis point decrease compared to the gross margin percentage of 48.8% in the second quarter of the prior fiscal year.  This decrease is due to the lower recycled paper prices.

Selling and administrative expenses were comparable for the second quarter of fiscal 2013 to the second quarter of fiscal 2012, but as a percent of revenue, at 41.9%, increased 40 basis points for the three months ended November 30, 2012. This increase in percent of revenue is due to the lower recycled paper prices.

Income before income taxes for the Document Management Services operating segment decreased $3.1 million to $2.9 million for the three months ended November 30, 2012, compared to the same period in the prior fiscal year.  Income before income taxes as a percentage of the operating segment’s revenue decreased from 7.3% in last year’s second quarter to 3.5% for the quarter ended November 30, 2012, primarily as a result of the lower recycled paper prices.

31

Consolidated Results

Six Months Ended November 30, 2012 Compared to Six Months Ended November 30, 2011

Total revenue increased 3.7% for the six months ended November 30, 2012, over the same period in the prior fiscal year from $2.0 billion to $2.1 billion. The increase primarily resulted from an organic growth increase in revenue of 3.3%.  The remaining 0.4% increase represents growth derived through acquisitions in our First Aid, Safety and Fire Protection Services operating segment and our Document Management Services operating segment.

Rental Uniforms and Ancillary Products operating segment revenue increased 4.7% for the six months ended November 30, 2012 , over the same period in the prior fiscal year from $1.4 billion to $1.5 billion. The increase resulted from an organic growth increase in revenue of 4.7% primarily due to improvements in sales representative productivity. Generally, sales productivity improvements are the result of increased tenure and improved training, which result in a higher number of products and services sold.

Other Services revenue, consisting of revenue from the reportable operating segments of Uniform Direct Sales, First Aid, Safety and Fire Protection Services and Document Management Services, increased 1.2% for the six months ended November 30, 2012, over the same period in the prior fiscal year from $594.1 million to $601.0 million. Other

Services revenue decreased organically by 0.1%. This is offset by a 1.3% increase from growth derived through acquisitions in our First Aid, Safety and Fire Protection Services operating segment and our Document Management Services operating segment. The organic decrease in Other Services revenue for the six months ended November 30, 2012, was primarily the result of a 5.2% decrease in Document Management Services operating segment revenue and a 3.3% decrease in Uniform Direct Sales operating segment revenue. The organic decrease in revenue was offset by organic growth of 5.7% in First Aid, Safety and Fire Protection Services operating segment revenue.

Cost of rental uniforms and ancillary products consists primarily of production expenses, delivery expenses and the amortization of in service inventory, including uniforms, mats, shop towels and other ancillary items. Cost of rental uniforms and ancillary products increased $53.4 million, or 6.6%, for the six months ended November 30, 2012, compared to the six months ended November 30, 2011. This increase was due to higher Rental Uniforms and Ancillary Products operating segment sales volume.

Cost of other services consists primarily of cost of goods sold (predominantly uniforms and first aid products), delivery expenses and distribution expenses in the Uniform Direct Sales operating segment, the First Aid, Safety and Fire Protection Services operating segment and the Document Management Services operating segment.  Cost of other services increased $12.9 million, or 3.7%, for the six months ended November 30, 2012, compared to the six months ended November 30, 2011.  This increase was primarily due to increased First Aid, Safety and Fire Protection Services operating segment sales volume.

Selling and administrative expenses decreased $8.0 million, or 1.3%, for the six months ended November 30, 2012, compared to the six months ended November 30, 2011, due to a gain on the sale of stock of an equity method investment and lower amortization of intangible assets related to prior year acquisitions. 

Net interest expense (interest expense less interest income) was $32.7 million for the six months ended November 30, 2012, compared to $34.3 million for the six months ended November 30, 2011. This decreased interest cost is due to the maturity of the $225.0 million aggregate principal amount of 6.0% senior notes on June 1, 2012, offset by the new issuance of $250.0 million aggregate principal amount of 3.25% senior notes due 2022 in the first quarter of fiscal 2013.

Cintas' effective tax rate was 37.0% for both the six months ended November 30, 2012 and 2011.

Net income increased $11.8 million, or 8.2%, for the six months ended November 30, 2012, from the same period in the prior fiscal year. The increase was primarily due to revenue increasing at a faster rate of 3.7% compared to a 3.3% increase in operating expenses. Revenue grew at a faster rate primarily due to improvements in sales representative productivity and improved customer retention. Diluted earnings per share were $1.23 for the six months ended November 30, 2012, which was an increase of 12.8% compared to the same period in the prior fiscal year. The increase in diluted earnings per share is higher than the increase in net income due to a decrease in weighted average common stock outstanding as a result of purchasing 7.1 million shares of common stock under the October 18, 2011 share buyback program during the fourth quarter of fiscal 2012 and the first half of fiscal 2013.

32

Rental Uniforms and Ancillary Products Operating Segment

Six Months EndedNovember 30, 2012 Compared to Six Months EndedNovember 30, 2011

As discussed above, Rental Uniforms and Ancillary Products operating segment revenue increased from $1.4 billion to $1.5 billion, or 4.7%, and the cost of rental uniforms and ancillary products increased $53.4 million, or 6.6%, for the six months ended November 30, 2012, compared to the six months ended November 30, 2011. The operating segment’s gross margin was $643.6 million, or 42.6% of revenue, for the six months ended November 30, 2012.  This gross margin percent of revenue of 42.6% was 100 basis points lower than the same period of the prior fiscal year of 43.6%.  This decrease is due primarily to an increase in material cost due to an increase in customer accounts, which requires an increase in inventory, and a $1.6 million write-off of a garment processing system.

Selling and administrative expenses as a percent of revenue, at 27.2%, decreased 220 basis points, or $14.0 million compared to the same period of the prior fiscal year. This decrease is primarily due to a gain on the sale of stock of an equity method investment, lower medical expenses and lower amortization of intangible assets related to prior year acquisitions.

Income before income taxes increased $29.1 million to $233.0 million for the Rental Uniforms and Ancillary Products operating segment compared to the same period last fiscal year. Income before income taxes was 15.4% of the operating segment’s revenue, which is a 130 basis point increase compared to the same period of the prior fiscal year.  This improvement is primarily due to revenue increasing at a faster rate of 4.7% compared to a 3.2% increase in operating expenses.  Revenue grew at a faster rate due primarily to improvements in sales representative productivity and improved customer retention.

Uniform Direct Sales Operating Segment

Six Months EndedNovember 30, 2012 Compared to Six Months EndedNovember 30, 2011

Uniform Direct Sales operating segment revenue decreased from $213.6 million to $210.5 million, or 1.5%, for the six months ended November 30, 2012, over the same period in the prior fiscal year due to decreased customer orders for uniforms. 

Cost of uniform direct sales were comparable for the six months ended November 30, 2012, to the same period in the prior fiscal year.  The gross margin as a percent of revenue was 28.4% for the six months ended November 30, 2012, which is a 70 basis point decrease compared to the gross margin percentage of 29.1% in the same period of the prior fiscal year.  This decrease is due to an unfavorable mix of products being sold and costs incurred in anticipation of large roll-outs scheduled to occur in the second half of fiscal 2013.

Selling and administrative expenses were comparable for the first half of fiscal 2013 to the first half of fiscal 2012, but as a percent of revenue, at 19.3%, increased 30 basis points for the six months ended November 30, 2012.  This increase in percent of revenue is mainly due to lower revenue for the first six months of fiscal 2013 compared to the same period in the prior fiscal year.

Income before income taxes decreased $2.5 million to $19.1 million for the Uniform Direct Sales operating segment for the six months ended November 30, 2012. Income before income taxes was 9.1% of the operating segment’s revenue compared to 10.1% for the same period last fiscal year, which is a 100 basis point decrease compared to the same period last fiscal year.  This decrease in income before income taxes is primarily due to the decline in gross margin as discussed above.

First Aid, Safety and Fire Protection Services Operating Segment

Six Months EndedNovember 30, 2012 Compared to Six Months EndedNovember 30, 2011

First Aid, Safety and Fire Protection Services operating segment revenue increased from $205.4 million to $222.4 million, or 8.2%, for the six months ended November 30, 2012.  The increase primarily resulted from organic growth in revenue of 5.7% due to improvements in sales representative productivity.  The remaining 2.5% increase represents growth through acquisitions.

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Cost of first aid, safety and fire protection services increased $10.4 million, or 8.9%, for the six months ended November 30, 2012, over the same period in the prior fiscal year due to increased First Aid, Safety and Fire Protection Services operating segment volume.  Gross margin for the First Aid, Safety and Fire Protection Services operating segment is defined as revenue less cost of goods, warehouse expenses, service expenses and training expenses.  The gross margin as a percent of revenue at 42.8% for the six months ended November 30, 2012, is a 30 basis point decrease compared to the gross margin percent of revenue of 43.1% for the six months ended November 30, 2011. This decrease is due to an unfavorable mix towards more lower margin national account business.

Selling and administrative expenses increased $5.2 million compared to the six months ended November 30, 2011, primarily due to an increase in labor and other employee-partner related expenses.  However, selling and administrative expenses as a percent of revenue, at 34.4%, decreased 30 basis points compared to the same period of the prior fiscal year due to higher revenue for the six months ended November 30, 2012 compared to the same period in the prior fiscal year.

Income before income taxes for the First Aid, Safety and Fire Protection Services operating segment increased $1.3 million to $18.7 million for the six months ended November 30, 2012, compared to the same period in the prior fiscal year, primarily due to the increase in First Aid, Safety and Fire Protection Services operating segment revenue. Income before income taxes was 8.4% of the operating segment’s revenue, for both the six months ended November 30, 2012 and 2011.

Document Management Services Operating Segment

Six Months EndedNovember 30, 2012 Compared to Six Months EndedNovember 30, 2011

Document Management Services operating segment revenue decreased from $175.0 million to $168.2 million, or 3.9%, for the six months ended November 30, 2012, over the same period in the prior fiscal year. The decrease primarily resulted from an organic decrease in revenue of 5.2% due to a decrease in recycled paper revenue. Acquisitions accounted for revenue growth of 1.3%.  This operating segment derives a portion of its revenue from the sale of shredded paper to paper recyclers. The average price from these paper sales decreased by approximately 31% in the six months ended November 30, 2012, compared to the six months ended November 30, 2011.

Cost of document management services increased $3.1 million, or 3.6%, for the six months ended November 30, 2012, primarily due to increased Document Management Services operating segment volume. Gross margin for the Document Management Services operating segment is defined as revenue less production and service costs.  The gross margin as a percent of revenue decreased from 51.1% for the six months ended November 30, 2011, to 47.3% for the six months ended November 30, 2012. This decrease is due to the lower recycled paper prices.

Selling and administrative expenses were comparable for the six months ended November 30, 2012, over the same period in the prior fiscal year, but as a percent of revenue, at 42.8%, increased 220 basis points compared to the first six months of the prior fiscal year. This increase in percent of revenue is due to the lower recycled paper prices.

Income before income taxes for the Document Management Services operating segment decreased $10.8 million to $7.5 million for the six months ended November 30, 2012, compared to the same period in the prior fiscal year.  Income before income taxes as a percentage of the operating segment’s revenue decreased from 10.5% in last fiscal year’s first six months to 4.5% for the six months ended November 30, 2012, primarily as a result of the lower recycled paper prices.

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Liquidity and Capital Resources

The following is a summary of our cash flows and cash, cash equivalents and marketable securities as of and for the six months ended November 30, 2012 and November 30, 2011:

(In thousands)	2012			2011
Net cash provided by operating activities	$	227,263		$	175,958
Net cash used in investing activities	$	(191,579	)	$	(141,976	)
Net cash used in financing activities	$	(134,606	)	$	(262,053	)
Cash and cash equivalents at the end of the period	$	242,487		$	207,772
Marketable securities at the end of the period	$	33,862		$	129,833

The cash and cash equivalents and marketable securities as of November 30, 2012, include $54.1 million that is located outside of the United States.  We expect to use these amounts to fund our international operations and international expansion activities.  The marketable securities at November 30, 2012, consist of Canadian treasury securities and United States municipal bonds.  We believe that our investment policy pertaining to marketable securities is conservative.  The primary criterion used in making investment decisions is the preservation of principal, while earning an attractive yield.

Cash flows provided by operating activities have historically supplied us with a significant source of liquidity.  We generally use these cash flows to fund most, if not all, of our operations and expansion activities and dividends on our common stock.  We may also use cash flows provided by operating activities, as well as proceeds from long-term debt and short-term borrowings, to fund growth and expansion opportunities, as well as other cash requirements such as the repurchase of our common stock.

Net cash provided by operating activities was $227.3 million for the six months endedNovember 30, 2012, an increase of $51.3 million compared to the same period last fiscal year.  In addition to net income being higher, the decrease in inventory also had a positive impact on cash flows.

Net cash used in investing activities includes capital expenditures and cash paid for acquisitions of businesses.  Capital expenditures were $99.1 million and $79.8 million for the six months endedNovember 30, 2012 and November 30, 2011, respectively.  These capital expenditures primarily relate to expansion efforts in Rental Uniforms and Ancillary Products and Document Management Services operating segments.  Capital expenditures for the six months endedNovember 30, 2012, included $70.4 million for the Rental Uniforms and Ancillary Products operating segment and $18.5 million for the Document Management Services operating segment.  Cash paid for acquisitions of businesses was $53.2 million and $14.6 million for the six months endedNovember 30, 2012 and November 30, 2011, respectively.  The acquisitions this fiscal year occurred in our First Aid, Safety and Fire Protection Services and Document Management Services operating segments.

Net cash used in financing activities was $134.6 million and $262.1 million for the six months endedNovember 30, 2012 and November 30, 2011, respectively.  On October 26, 2010, we announced that the Board of Directors authorized a $500.0 million share buyback program at market prices.  We completed the October 26, 2010 share buyback program by purchasing 8.1 million shares of Cintas common stock in June and July 2011 for an aggregate purchase price of $259.5 million.  On October 18, 2011, we announced that the Board of Directors authorized a new $500.0 million share buyback program at market prices.  Beginning in April 2012 through May 31, 2012, under the October18, 2011 share buyback program, Cintas purchased a total of 3.3 million shares of Cintas common stock at an average price of $39.10 per share for a total purchase price of $129.6million. During the first six months of fiscal 2013, we purchased 3.8 million shares of Cintas common stock for a total purchase price of $151.7 million. From the inception of the October 18, 2011 share buyback program through January 9, 2013, Cintas has purchased a total of 7.1 million shares of Cintas common stock at an average price of $39.72 per share for a total purchase price of $281.3 million. For the six months endedNovember 30, 2012, Cintas acquired 0.2 million shares of Cintas common stock for employee payroll taxes due on restricted stock awards that vested during the six months endedNovember 30, 2012.  These shares were acquired at an average price of $37.88 per share for a total purchase price of $7.5 million.

As of November 30, 2012, we had $1,300.0 million aggregate principal amount in fixed rate senior notes outstanding with maturities ranging from 2016 to 2036.  On June 1, 2012, Cintas repaid at maturity $225.0 million aggregate principal amount of its 6.00% senior notes due 2012. On June 5, 2012, Cintas issued $250.0 million aggregate principal amount

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of senior notes due June 1, 2022. These senior notes bear interest at a rate of 3.25% paid semi-annually beginning December1, 2012. The net proceeds generated from the offering will be used for general corporate purposes.

Cintas’ commercial paper program has a capacity of $300.0 million that is fully supported by a backup revolving credit facility through a credit agreement with its banking group.  This revolving credit facility has an accordion feature that allows for a maximum borrowing capacity of $450.0 million.  The revolving credit facility was amended on October 7, 2011, to extend the maturity date from September 26, 2014 to October 6, 2016, to improve the applicable margin used to calculate the interest rate payable on any outstanding loans and the facility fee payable under the agreement and to replace the financial covenant regarding Cintas’ net funded indebtedness to total capitalization with a requirement to maintain a leverage ratio of consolidated indebtedness to consolidated earnings before interest, taxes, depreciation and amortization (debt to EBITDA) of no more than 3.5 to 1.0. We believe this program, along with cash generated from operations, will be adequate to provide necessary funding for our future cash requirements.  No commercial paper or borrowings under our revolving credit facility were outstanding as of November 30, 2012 or May 31, 2012.

Cintas has certain covenants related to debt agreements. These covenants limit our ability to incur certain liens, to engage in sale-leaseback transactions and to merge, consolidate or sell all or substantially all of Cintas' assets. These covenants also require Cintas to maintain certain debt to EBITDA and interest coverage ratios. Cross-default provisions exist between certain debt instruments.  If a default of a significant covenant were to occur, the default could result in an acceleration of the maturity of the indebtedness, impair liquidity and limit the ability to raise future capital.  As of November 30, 2012, Cintas was in compliance with all significant debt covenants.

Our access to the commercial paper and long-term debt markets has historically provided us with sources of liquidity.  We do not anticipate having difficulty in obtaining financing from those markets in the future in view of our favorable experiences in the debt markets in the recent past. Our ability to continue to access the commercial paper and long-term debt markets on favorable interest rate and other terms will depend, to a significant degree, on the ratings assigned by the credit rating agencies to our indebtedness.  As of November 30, 2012, our ratings were as follows:

Rating Agency	Outlook	Commercial Paper	Long-term Debt
Standard & Poor’s	Stable	A-2	BBB+
Moody’s Investors Service	Stable	P-1	A2

In the event that the ratings of our commercial paper or our outstanding long-term debt issues were substantially lowered or withdrawn for any reason, or if the ratings assigned to any new issue of long-term debt securities were significantly lower than those noted above, particularly if we no longer had investment grade ratings, our ability to access the debt markets may be adversely affected.  In addition, in such a case, our cost of funds for new issues of commercial paper and long-term debt would be higher than our cost of funds would have been had the ratings of those new issues been at or above the level of the ratings noted above.  The rating agency ratings are not recommendations to buy, sell or hold our commercial paper or debt securities. Each rating may be subject to revision or withdrawal at any time by the assigning rating organization and should be evaluated independently of any other rating.  Moreover, each credit rating is specific to the security to which it applies.

To monitor our credit rating and our capacity for long-term financing, we consider various qualitative and quantitative factors.  One such factor is the ratio of our debt to EBITDA. For the purpose of this calculation, debt is defined as the sum of short-term borrowings, long-term debt due within one year, obligations under capital leases due in one year, long-term debt and long-term obligations under capital leases. 

Litigation and Other Contingencies

Cintas is subject to legal proceedings and claims arising from the ordinary course of its business, including personal injury, customer contract, environmental and employment claims.  In the opinion of management, the aggregate liability, if any, with respect to such ordinary course of business actions will not have a material adverse effect on the consolidated financial position or results of operation of Cintas.  Cintas is party to additional litigation not considered in the ordinary course of business.  Please refer to Note 7 entitled Litigation and Other Contingencies of “Notes to Consolidated Condensed Financial Statements” for a detailed discussion of certain specific litigation.

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Forward-Looking Statements

This Quarterly Report on Form 10-Q contains forward-looking statements.  The Private Securities Litigation Reform Act of 1995 provides a safe harbor from civil litigation for forward-looking statements.  Forward-looking statements may be identified by words such as “estimates,” “anticipates,” “predicts,” “projects,” “plans,” “expects,” “intends,” “target,” “forecast,” “believes,” “seeks,” “could,” “should,” “may” and “will” or the negative versions thereof and similar words, terms and expressions and by the context in which they are used.  Such statements are based upon current expectations of Cintas and speak only as of the date made.  You should not place undue reliance on any forward-looking statement.  We cannot guarantee that any forward-looking statement will be realized.  These statements are subject to various risks, uncertainties, potentially inaccurate assumptions and other factors that could cause actual results to differ from those set forth in or implied by this Quarterly Report.  Factors that might cause such a difference include, but are not limited to, the possibility of greater than anticipated operating costs including energy and fuel costs, lower sales volumes, loss of customers due to outsourcing trends, the performance and costs of integration of acquisitions, fluctuations in costs of materials and labor including increased medical costs, costs and possible effects of union organizing activities, failure to comply with government regulations concerning employment discrimination, employee pay and benefits and employee health and safety, uncertainties regarding any existing or newly-discovered expenses and liabilities related to environmental compliance and remediation, the cost, results and ongoing assessment of internal controls for financial reporting required by the Sarbanes-Oxley Act of 2002, disruptions caused by the inaccessibility of computer systems data, the initiation or outcome of litigation, investigations or other proceedings, higher assumed sourcing or distribution costs of products, the disruption of operations from catastrophic or extraordinary events, the amount and timing of repurchases of our common stock, if any, changes in federal and state tax and labor laws and the reactions of competitors in terms of price and service.  Cintas undertakes no obligation to publicly release any revisions to any forward-looking statements or to otherwise update any forward-looking statements whether as a result of new information or to reflect events, circumstances or any other unanticipated developments arising after the date on which such statements are made.  A further list and description of risks, uncertainties and other matters can be found in our Annual Report on Form 10-K for the year ended May 31, 2012, and in our reports on Forms 10-Q and 8-K.  The risks and uncertainties described herein are not the only ones we may face. Additional risks and uncertainties presently not known to us or that we currently believe to be immaterial may also harm our business.

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ITEM 3.

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

In our normal operations, Cintas has market risk exposure to interest rates.  There has been no material change to this market risk exposure to interest rates from that which was previously disclosed on page 26 of our Annual Report on Form 10-K for the year ended May 31, 2012.

Through its foreign operations, Cintas is exposed to foreign currency risk.  Foreign currency exposures arise from transactions denominated in a currency other than the functional currency and from foreign currency denominated revenue and profit translated into U.S. dollars.  The primary foreign currency to which Cintas is exposed is the Canadian dollar.  Cintas has average rate options in place to limit a portion of the risks of the revenue translation from Canadian foreign currency exchange rate movements during the remainder of the fiscal year; however, the amount of these options is not significant.

ITEM 4.

CONTROLS AND PROCEDURES.

Disclosure Controls and Procedures

With the participation of Cintas’ management, including Cintas’ Chief Executive Officer, Chief Financial Officer, General Counsel and Controllers, Cintas has evaluated the effectiveness of the disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934 (Exchange Act)) as of November 30, 2012.  Based on such evaluation, Cintas’ management, including Cintas’ Chief Executive Officer, Chief Financial Officer, General Counsel and Controllers, has concluded that Cintas’ disclosure controls and procedures were effective as of November 30, 2012, in ensuring (i) information required to be disclosed by Cintas in the reports that it files or submits under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms and (ii) information required to be disclosed by Cintas in the reports that it files or submits under the Exchange Act is accumulated and communicated to Cintas’ management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

Internal Control over Financial Reporting

There were no changes in Cintas’ internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) during the fiscal quarter ended November 30, 2012, that have materially affected, or are reasonably likely to materially affect, Cintas’ internal control over financial reporting. See “Management’s Report on Internal Control over Financial Reporting” and “Report of Independent Registered Public Accounting Firm” on pages 28 and 29 of our Annual Report on Form 10-K for the fiscal year ended May 31, 2012.

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CINTAS CORPORATION

Part II.  Other Information

Item 1.    Legal Proceedings.

We discuss material legal proceedings (other than ordinary routine litigation incidental to our business) pending against us in “Part I, Item 1. Financial Statements,” in Note 7 entitled Litigation and Other Contingencies of “Notes to Consolidated Condensed Financial Statements.” We refer you to and incorporate by reference into this Part II, Item 1 that discussion for important information concerning those legal proceedings.

Item 2.    Unregistered Sales of Equity Securities and Use of Proceeds.

Period	Total number of shares purchased	Average price paid per share		Total number of shares purchased as part of the publicly announced plan (1)	Maximum approximate dollar value of shares that may yet be purchased under the plan (1)
September 1 - 30, 2012	235,102	$	41.31	235,102	$	290,086,317
October 1 - 31, 2012 (2)	1,709,144	41.70		1,705,919	218,955,725
November 1 - 30, 2012 (3)	6,117	41.86		5,869	218,709,700
Total	1,950,363	$	41.65	1,946,890	$	218,709,700

⁽¹⁾ On October 18, 2011, Cintas announced that the Board of Directors authorized a $500.0 million share buyback program at market prices. The October 18, 2011 buyback program does not have an expiration date. Beginning in April 2012, under the October 18, 2011 program, through November 30, 2012, Cintas has purchased a total of approximately 7.1 million shares of Cintas common stock at an average price of $39.72 per share for a total purchase price of $281.3 million.

⁽²⁾ During October 2012, Cintas purchased 3,225 shares of Cintas common stock in trade for employee payroll taxes due on restricted stock options that vested during the fiscal year. These shares were purchased at an average price of $41.47 per share for a total purchase price of $0.1 million.

⁽³⁾ During November 2012, Cintas purchased 248 shares of Cintas common stock in trade for employee payroll taxes due on restricted stock options that vested during the fiscal year. These shares were purchased at an average price of $40.57 per share for a total purchase price of less than $0.01 million.

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Item 5.    Other Information.

On October 16, 2012, Cintas declared an annual cash dividend of $0.64 per share on outstanding common stock, an 18.5% increase over the dividend paid in the prior year. The dividend was paid on December 12, 2012, to shareholders of record as of November 9, 2012.

Item 6.     Exhibits

31.1	Certification of Principal Executive Officer required by Rule 13a-14(a)
31.2	Certification of Principal Financial Officer required by Rule 13a-14(a)
32.1	Section 1350 Certification of Chief Executive Officer
32.2	Section 1350 Certification of Chief Financial Officer
101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Extension Schema Document
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB	XBRL Taxonomy Extension Label Linkbase Document
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document

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Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	CINTAS CORPORATION
	(Registrant)
Date:  January 9, 2013	/s/	William C. Gale
		William C. Gale
		Senior Vice President and Chief Financial Officer
		(Chief Accounting Officer)

41

EXHIBIT INDEX

31.1	Certification of Principal Executive Officer required by Rule 13a-14(a)
31.2	Certification of Principal Financial Officer required by Rule 13a-14(a)
32.1	Section 1350 Certification of Chief Executive Officer
32.2	Section 1350 Certification of Chief Financial Officer
101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Extension Schema Document
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB	XBRL Taxonomy Extension Label Linkbase Document
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document

42

EX-31.1

EXHIBIT 31.1

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER

PURSUANT TO RULE 13a–14(a)

I, Scott D. Farmer, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Cintas Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a–15(e) and 15d–15 (e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a–15(f) and 15d–15 (f)) for the registrant and have:

a.Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b.Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c.Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d.Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a.All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b.Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date:	January 9, 2013	/s/ Scott D. Farmer
		Scott D. Farmer
		Chief Executive Officer
		(Principal Executive Officer)

EX-31.2

EXHIBIT 31.2

CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER

PURSUANT TO RULE 13a–14(a)

I, William C. Gale, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Cintas Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a–15(e) and 15d–15 (e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a–15(f) and 15d–15 (f)) for the registrant and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date:	January 9, 2013	/s/ William C. Gale
		William C. Gale
		Senior Vice-President and Chief Financial Officer
		(Principal Financial Officer)

EX-32.1

EXHIBIT 32.1

CERTIFICATION OF CHIEF EXECUTIVE OFFICER

 Pursuant to 18 U.S.C. § 1350, as adopted pursuant to

§ 906 of the Sarbanes-Oxley Act of 2002

In connection with the filing with the Securities and Exchange Commission of the Report of Cintas Corporation (the “Company”) on Form 10-Q for the period ending November 30, 2012 (the “Report”), I, Scott D. Farmer, certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge:

(1) The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company as of and for the periods presented.

/s/ Scott D. Farmer

Scott D. Farmer

Principal Executive Officer

January 9, 2013

EX-32.2

EXHIBIT 32.2

CERTIFICATION OF CHIEF FINANCIAL OFFICER

 Pursuant to 18 U.S.C. § 1350, as adopted pursuant to

§ 906 of the Sarbanes-Oxley Act of 2002

In connection with the filing with the Securities and Exchange Commission of the Report of Cintas Corporation (the “Company”) on Form 10-Q for the period ending November 30, 2012 (the “Report”), I, William C. Gale, certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge:

(1) The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company as of and for the periods presented.

/s/ William C. Gale

William C. Gale

Principal Financial Officer

January 9, 2013

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Supplemental Guarantor Information (Details 2) (USD $) In Thousands, unless otherwise specified	Nov. 30, 2012	May 31, 2012	Nov. 30, 2011	May 31, 2011
Current assets:
Cash and cash equivalents	$ 242,487	$ 339,825	$ 207,772	$ 438,106
Marketable securities	33,862	0
Accounts receivable, net	479,106	450,861
Inventories, net	236,195	251,205
Uniforms and other rental items in service	482,001	452,785
Income taxes, current	20,976	22,188
Prepaid expenses and other	25,035	24,704
Total current assets	1,519,662	1,541,568
Property and equipment, at cost, net	967,260	944,305
Goodwill	1,522,411	1,485,375
Service contracts, net	90,480	76,822
Other assets, net	118,069	112,836
Total assets	4,217,882	4,160,906	4,215,312
Current liabilities:
Accounts payable	118,534	94,840
Accrued compensation and related liabilities	54,480	91,214
Accrued liabilities	325,077	256,642
Deferred tax (asset) liability	56,427	2,559
Long-term debt due within one year	661	225,636
Total current liabilities	555,179	670,891
Long-term liabilities:
Long-term debt due after one year	1,308,829	1,059,166
Deferred income taxes	206,782	204,581
Accrued liabilities	66,448	87,133
Total long-term liabilities	1,582,059	1,350,880
Total shareholders’ equity	2,080,644	2,139,135
Total liabilities and shareholders' equity	4,217,882	4,160,906
Cintas Corporation [Member]
Current assets:
Cash and cash equivalents	0	0	0	0
Marketable securities	0
Accounts receivable, net	0	0
Inventories, net	0	0
Uniforms and other rental items in service	0	0
Income taxes, current	0	0
Prepaid expenses and other	0	0
Total current assets	0	0
Property and equipment, at cost, net	0	0
Goodwill	0	0
Service contracts, net	0	0
Other assets, net	1,569,229	1,637,225
Total assets	1,569,229	1,637,225
Current liabilities:
Accounts payable	(465,247)	(465,247)
Accrued compensation and related liabilities	0	0
Accrued liabilities	0	0
Deferred tax (asset) liability	0	0
Long-term debt due within one year	0	0
Total current liabilities	(465,247)	(465,247)
Long-term liabilities:
Long-term debt due after one year	0	0
Deferred income taxes	0	0
Accrued liabilities	0	0
Total long-term liabilities	0	0
Total shareholders’ equity	2,034,476	2,102,472
Total liabilities and shareholders' equity	1,569,229	1,637,225
Corp. 2 [Member]
Current assets:
Cash and cash equivalents	45,036	58,737	44,770	54,957
Marketable securities	0
Accounts receivable, net	350,351	327,442
Inventories, net	200,445	210,283
Uniforms and other rental items in service	353,213	337,298
Income taxes, current	(5,510)	5,296
Prepaid expenses and other	7,766	7,905
Total current assets	951,301	946,961
Property and equipment, at cost, net	612,243	600,565
Goodwill	0	0
Service contracts, net	85,481	71,337
Other assets, net	1,627,395	1,628,516
Total assets	3,276,420	3,247,379
Current liabilities:
Accounts payable	(549,502)	(475,624)
Accrued compensation and related liabilities	37,444	63,797
Accrued liabilities	64,319	67,651
Deferred tax (asset) liability	(557)	(538)
Long-term debt due within one year	910	225,866
Total current liabilities	(447,386)	(118,848)
Long-term liabilities:
Long-term debt due after one year	1,318,234	1,068,820
Deferred income taxes	(7)	(6)
Accrued liabilities	0	0
Total long-term liabilities	1,318,227	1,068,814
Total shareholders’ equity	2,405,579	2,297,413
Total liabilities and shareholders' equity	3,276,420	3,247,379
Subsidiary Guarantors [Member]
Current assets:
Cash and cash equivalents	167,453	229,287	134,899	313,283
Marketable securities	9,781
Accounts receivable, net	88,484	81,243
Inventories, net	22,519	20,258
Uniforms and other rental items in service	110,312	101,435
Income taxes, current	12,009	3,642
Prepaid expenses and other	13,940	12,770
Total current assets	424,498	448,635
Property and equipment, at cost, net	263,130	259,744
Goodwill	1,452,020	1,419,535
Service contracts, net	229	326
Other assets, net	2,633,892	2,467,198
Total assets	4,773,769	4,595,438
Current liabilities:
Accounts payable	1,075,016	978,932
Accrued compensation and related liabilities	12,359	21,619
Accrued liabilities	249,467	176,220
Deferred tax (asset) liability	53,401	(87)
Long-term debt due within one year	(249)	(230)
Total current liabilities	1,389,994	1,176,454
Long-term liabilities:
Long-term debt due after one year	(10,253)	(11,288)
Deferred income taxes	200,880	199,404
Accrued liabilities	65,541	86,406
Total long-term liabilities	256,168	274,522
Total shareholders’ equity	3,127,607	3,144,462
Total liabilities and shareholders' equity	4,773,769	4,595,438
Non-Guarantors [Member]
Current assets:
Cash and cash equivalents	29,998	51,801	28,103	69,866
Marketable securities	24,081
Accounts receivable, net	40,271	42,176
Inventories, net	10,545	10,781
Uniforms and other rental items in service	37,406	35,051
Income taxes, current	14,477	13,250
Prepaid expenses and other	3,329	4,029
Total current assets	160,107	157,088
Property and equipment, at cost, net	91,887	83,996
Goodwill	70,391	65,840
Service contracts, net	4,770	5,159
Other assets, net	760,007	759,439
Total assets	1,087,162	1,071,522
Current liabilities:
Accounts payable	20,248	18,760
Accrued compensation and related liabilities	4,677	5,798
Accrued liabilities	11,291	13,557
Deferred tax (asset) liability	3,583	3,184
Long-term debt due within one year	0	0
Total current liabilities	39,799	41,299
Long-term liabilities:
Long-term debt due after one year	848	848
Deferred income taxes	5,909	5,183
Accrued liabilities	907	727
Total long-term liabilities	7,664	6,758
Total shareholders’ equity	1,039,699	1,023,465
Total liabilities and shareholders' equity	1,087,162	1,071,522
Eliminations [Member]
Current assets:
Cash and cash equivalents	0	0	0	0
Marketable securities	0
Accounts receivable, net	0	0
Inventories, net	2,686	9,883
Uniforms and other rental items in service	(18,930)	(20,999)
Income taxes, current	0	0
Prepaid expenses and other	0	0
Total current assets	(16,244)	(11,116)
Property and equipment, at cost, net	0	0
Goodwill	0	0
Service contracts, net	0	0
Other assets, net	(6,472,454)	(6,379,542)
Total assets	(6,488,698)	(6,390,658)
Current liabilities:
Accounts payable	38,019	38,019
Accrued compensation and related liabilities	0	0
Accrued liabilities	0	(786)
Deferred tax (asset) liability	0	0
Long-term debt due within one year	0	0
Total current liabilities	38,019	37,233
Long-term liabilities:
Long-term debt due after one year	0	786
Deferred income taxes	0	0
Accrued liabilities	0	0
Total long-term liabilities	0	786
Total shareholders’ equity	(6,526,717)	(6,428,677)
Total liabilities and shareholders' equity	$ (6,488,698)	$ (6,390,658)

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Income Taxes (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended	6 Months Ended
	Nov. 30, 2012	Nov. 30, 2012
Income Tax Disclosure [Abstract]
Unrecognized Tax Benefits, Period Increase (Decrease)	$ (32.5)	$ (32.1)
Unrecognized tax benefits, decrease in accrued interest	1.2	1.1
Unrecognized tax benefits could decrease by approximately	$ 1.3	$ 1.3

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Fair Value Measurements (Details 2) (USD $) In Millions, unless otherwise specified	Nov. 30, 2012
Fair Value Disclosures [Abstract]
Amortized cost basis, marketable securities	$ 33.9

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Supplemental Guarantor Information (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Nov. 30, 2012	Nov. 30, 2011	Nov. 30, 2012	Nov. 30, 2011
Revenue:
Rental uniforms and ancillary products	$ 755,839	$ 722,789	$ 1,510,682	$ 1,442,212
Other services	304,547	296,337	601,029	594,094
Equity in net income of affiliates	0	0	0	0
Total revenue	1,060,386	1,019,126	2,111,711	2,036,306
Costs and expenses (income):
Cost of rental uniforms and ancillary products	438,902	410,247	867,050	813,653
Cost of other services	189,448	179,082	366,750	353,816
Selling and administrative expenses	293,013	297,112	599,594	607,578
Operating income	139,023	132,685	278,317	261,259
Interest income	(149)	(403)	(226)	(768)
Interest expense (income)	16,294	17,728	32,892	35,062
Income before income taxes	122,878	115,360	245,651	226,965
Income taxes	44,851	41,010	90,891	83,977
Net income	78,027	74,350	154,760	142,988
Cintas Corporation [Member]
Revenue:
Rental uniforms and ancillary products	0	0	0	0
Other services	0	0	0	0
Equity in net income of affiliates	78,027	74,350	154,760	142,988
Total revenue	78,027	74,350	154,760	142,988
Costs and expenses (income):
Cost of rental uniforms and ancillary products	0	0	0	0
Cost of other services	0	0	0	0
Selling and administrative expenses	0	0	0	0
Operating income	78,027	74,350	154,760	142,988
Interest income	0	0	0	0
Interest expense (income)	0	0	0	0
Income before income taxes	78,027	74,350	154,760	142,988
Income taxes	0	0	0	0
Net income	78,027	74,350	154,760	142,988
Corp. 2 [Member]
Revenue:
Rental uniforms and ancillary products	575,274	558,143	1,151,559	1,111,891
Other services	387,265	367,926	756,671	725,658
Equity in net income of affiliates	0	0	0	0
Total revenue	962,539	926,069	1,908,230	1,837,549
Costs and expenses (income):
Cost of rental uniforms and ancillary products	367,645	356,105	731,842	702,881
Cost of other services	256,524	236,673	492,855	457,505
Selling and administrative expenses	280,259	266,206	570,903	541,823
Operating income	58,111	67,085	112,630	135,340
Interest income	(13)	(77)	(31)	(157)
Interest expense (income)	16,277	17,813	32,843	35,589
Income before income taxes	41,847	49,349	79,818	99,908
Income taxes	14,876	18,231	29,255	36,897
Net income	26,971	31,118	50,563	63,011
Subsidiary Guarantors [Member]
Revenue:
Rental uniforms and ancillary products	152,771	141,673	305,588	283,588
Other services	10,630	14,511	21,509	31,672
Equity in net income of affiliates	0	0	0	0
Total revenue	163,401	156,184	327,097	315,260
Costs and expenses (income):
Cost of rental uniforms and ancillary products	95,014	83,939	184,356	168,291
Cost of other services	(6,949)	3,794	(9,366)	1,734
Selling and administrative expenses	(7,023)	7,402	(11,162)	23,397
Operating income	82,359	61,049	163,269	121,838
Interest income	(126)	(111)	(161)	(238)
Interest expense (income)	18	(433)	49	(881)
Income before income taxes	82,467	61,593	163,381	122,957
Income taxes	29,241	22,753	59,883	45,409
Net income	53,226	38,840	103,498	77,548
Non-Guarantors [Member]
Revenue:
Rental uniforms and ancillary products	55,370	51,276	109,154	103,859
Other services	28,964	28,838	58,342	58,640
Equity in net income of affiliates	0	0	0	0
Total revenue	84,334	80,114	167,496	162,499
Costs and expenses (income):
Cost of rental uniforms and ancillary products	38,923	35,270	75,543	71,179
Cost of other services	18,564	18,305	36,272	36,130
Selling and administrative expenses	23,705	26,181	48,006	48,465
Operating income	3,142	358	7,675	6,725
Interest income	(10)	(215)	(34)	(373)
Interest expense (income)	(1)	348	0	354
Income before income taxes	3,153	225	7,709	6,744
Income taxes	746	36	1,770	1,683
Net income	2,407	189	5,939	5,061
Eliminations [Member]
Revenue:
Rental uniforms and ancillary products	(27,576)	(28,303)	(55,619)	(57,126)
Other services	(122,312)	(114,938)	(235,493)	(221,876)
Equity in net income of affiliates	(78,027)	(74,350)	(154,760)	(142,988)
Total revenue	(227,915)	(217,591)	(445,872)	(421,990)
Costs and expenses (income):
Cost of rental uniforms and ancillary products	(62,680)	(65,067)	(124,691)	(128,698)
Cost of other services	(78,691)	(79,690)	(153,011)	(141,553)
Selling and administrative expenses	(3,928)	(2,677)	(8,153)	(6,107)
Operating income	(82,616)	(70,157)	(160,017)	(145,632)
Interest income	0	0	0	0
Interest expense (income)	0	0	0	0
Income before income taxes	(82,616)	(70,157)	(160,017)	(145,632)
Income taxes	(12)	(10)	(17)	(12)
Net income	$ (82,604)	$ (70,147)	$ (160,000)	$ (145,620)

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Fair Value Measurements

6 Months Ended

Nov. 30, 2012

Fair Value Disclosures [Abstract]

Fair Value Measurements

Fair Value Measurements

FASB Accounting Standard Codification (ASC) Topic 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date.  It also establishes a three-level fair value hierarchy that prioritizes the inputs used to measure fair value. This hierarchy requires entities to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows:

Level 1 –Quoted prices in active markets for identical assets or liabilities.

Level 2 –Observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data.

Level 3 –Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs.

In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. Cintas’ assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability.

In order to meet the requirements of ASC 820, Cintas utilizes two basic valuation approaches to determine the fair value of its assets and liabilities required to be recorded on a recurring basis at fair value. The first approach is the cost approach. The cost approach is generally the value a market participant would expect to replace the respective asset or liability. The second approach is the market approach. The market approach looks at what a market participant would consider valuing an exact or similar asset or liability to that of Cintas, including those traded on exchanges.

All financial instruments that are measured at fair value on a recurring basis (at least annually) have been segregated into the most appropriate level within the fair value hierarchy based on the inputs used to determine the fair value at the consolidated balance sheet date.  These financial instruments measured at fair value on a recurring basis are summarized below: 

(In thousands)	As of November 30, 2012
	Level 1		Level 2		Level 3		Fair Value
Cash and cash equivalents	$	242,487	$	—	$	—	$	242,487
Marketable securities:
U.S. municipal bonds	—		9,781		—		9,781
Canadian treasury securities	—		24,081		—		24,081
Total assets at fair value	$	242,487	$	33,862	$	—	$	276,349

(In thousands)	As of May 31, 2012
	Level 1		Level 2		Level 3		Fair Value
Cash and cash equivalents	$	339,825	$	—	$	—	$	339,825
Total assets at fair value	$	339,825	$	—	$	—	$	339,825

Cintas’ cash and cash equivalents and marketable securities are generally classified within Level 1 or Level 2 of the fair value hierarchy. Financial instruments classified as Level 1 are based on quoted market prices in active markets, and financial instruments classified as Level 2 are based on quoted market prices, broker or dealer quotations or alternative pricing sources with reasonable levels of price transparency. The types of financial instruments Cintas classifies within Level 1 include most bank deposits and money market securities. Cintas does not adjust the quoted market price for such financial instruments.

The types of financial instruments Cintas classifies within Level 2 include Canadian treasury securities (both federal and provincial) and highly rated U.S. state or municipal bonds. The valuation technique used for Cintas’ marketable securities classified within Level 2 of the fair value hierarchy is primarily the market approach. The primary inputs to value Cintas’ marketable securities is the respective instruments future cash flows based on its stated yield and the amount a market participant would pay for a similar instrument. Primarily all of Cintas’ marketable securities are actively traded and the recorded fair value reflects current market conditions. However, due to the inherent volatility in the investment market, there is at least a possibility that recorded investment values may change in the near term.

The funds invested in Canadian marketable securities are not presently expected to be repatriated, but instead are expected to be invested indefinitely in foreign subsidiaries. Interest, realized gains and losses and declines in value determined to be other than temporary on available-for-sale securities are included in interest income or expense. The cost of the securities sold is based on the specific identification method. The amortized cost basis of the marketable securities as of November 30, 2012 was $33.9 million. There were no outstanding marketable securities as of May 31, 2012. All outstanding marketable securities as of November 30, 2012, had contractual maturities due within one year.

The methods described above may produce a fair value that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while Cintas believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the consolidated balance sheet date.

Cintas’ non-financial assets and liabilities not permitted or required to be measured at fair value on a recurring basis primarily relate to assets and liabilities acquired in a business acquisition. Cintas is required to provide additional disclosures about fair value measurements as part of the consolidated financial statements for each major category of assets and liabilities measured at fair value on a non-recurring basis (including business acquisitions).  Based on the nature of Cintas’ business acquisitions, which occur regularly throughout the fiscal year, the majority of the assets acquired and liabilities assumed consist of working capital, primarily valued using Level 2 inputs, property and equipment, also primarily valued using Level 2 inputs and goodwill and other identified intangible assets valued using Level 3 inputs. In general, non-recurring fair values determined by Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities, which generally are not applicable to non-financial assets and liabilities. Fair values determined by Level 2 inputs utilize data points that are observable, such as definitive sales agreements, appraisals or established market values of comparable assets. Fair values determined by Level 3 inputs are unobservable data points for the asset or liability and include situations where there is little, if any, market activity for the asset or liability, such as internal estimates of future cash flows.

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Goodwill, Service Contracts and Other Assets (Details) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Nov. 30, 2012
Goodwill [Roll Forward]
Balance at the beginning of the period	$ 1,485,375
Goodwill acquired	34,720
Foreign currency translation	2,316
Balance at the end of the period	1,522,411
Rental Uniforms and Ancillary Products [Member]
Goodwill [Roll Forward]
Balance at the beginning of the period	944,449
Goodwill acquired	0
Foreign currency translation	608
Balance at the end of the period	945,057
Uniform Direct Sales [Member]
Goodwill [Roll Forward]
Balance at the beginning of the period	23,968
Goodwill acquired	0
Foreign currency translation	28
Balance at the end of the period	23,996
First Aid, Safety and Fire Protection [Member]
Goodwill [Roll Forward]
Balance at the beginning of the period	192,465
Goodwill acquired	24,110
Foreign currency translation	0
Balance at the end of the period	216,575
Document Management [Member]
Goodwill [Roll Forward]
Balance at the beginning of the period	324,493
Goodwill acquired	10,610
Foreign currency translation	1,680
Balance at the end of the period	$ 336,783

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Goodwill, Service Contracts and Other Assets Narrative (Details) (USD $)	3 Months Ended	6 Months Ended
	Nov. 30, 2012	Nov. 30, 2012	Nov. 30, 2011	May 31, 2012
Goodwill, Service Contracts and Other Assets [Abstract]
Cash surrender value of insurance policies	$ 67,000,000	$ 67,000,000		$ 57,400,000
Equity method investments	27,200,000	27,200,000		31,900,000
Cost method investments	900,000	900,000		900,000
Gain (Loss) on Sale of Equity Investments	8,500,000
Amortization expense		11,973,000	20,104,000
Estimated amortization expense, year one		23,100,000
Estimated amortization expense, year two		20,700,000
Estimated amortization expense, year three		17,800,000
Estimated amortization expense, year four		12,600,000
Estimated amortization expense, year five		$ 7,600,000

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Goodwill, Service Contracts and Other Assets (Details 2) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Nov. 30, 2012
Service contracts [Roll Forward]
Balance at the beginning of the period	$ 76,822
Service contracts acquired	23,442
Service contracts amortization	(11,228)
Foreign currency translation	1,444
Balance at the end of the period	90,480
Rental Uniforms and Ancillary Products [Member]
Service contracts [Roll Forward]
Balance at the beginning of the period	29,156
Service contracts acquired	0
Service contracts amortization	(3,874)
Foreign currency translation	852
Balance at the end of the period	26,134
Uniform Direct Sales [Member]
Service contracts [Roll Forward]
Balance at the beginning of the period	0
Service contracts acquired	0
Service contracts amortization	0
Foreign currency translation	0
Balance at the end of the period	0
First Aid, Safety and Fire Protection [Member]
Service contracts [Roll Forward]
Balance at the beginning of the period	29,334
Service contracts acquired	9,951
Service contracts amortization	(3,821)
Foreign currency translation	0
Balance at the end of the period	35,464
Document Management [Member]
Service contracts [Roll Forward]
Balance at the beginning of the period	18,332
Service contracts acquired	13,491
Service contracts amortization	(3,533)
Foreign currency translation	592
Balance at the end of the period	$ 28,882

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Goodwill, Service Contracts and Other Assets (Details 3) (USD $) In Thousands, unless otherwise specified	Nov. 30, 2012		May 31, 2012
Information regarding service contracts and other assets
Service contracts, Net	$ 90,480		$ 76,822
Other Assets, Carrying Amount	194,116		186,062
Other Assets, Accumulated Amortization	76,047		73,226
Other Assets, Net	118,069		112,836
Noncompete agreements [Member]
Information regarding service contracts and other assets
Other Assets, Carrying Amount	77,469		76,036
Other Assets, Accumulated Amortization	72,068		69,954
Other Assets, Net	5,401		6,082
Investments [Member]
Information regarding service contracts and other assets
Other Assets, Carrying Amount	95,109	[1]	90,198	[1]
Other Assets, Accumulated Amortization	0	[1]	0	[1]
Other Assets, Net	95,109	[1]	90,198	[1]
Other [Member]
Information regarding service contracts and other assets
Other Assets, Carrying Amount	21,538		19,828
Other Assets, Accumulated Amortization	3,979		3,272
Other Assets, Net	17,559		16,556
Service Contracts [Member]
Information regarding service contracts and other assets
Service contracts, Carrying Amount	409,522		384,622
Service contracts, Accumulated Amortization	319,042		307,800
Service contracts, Net	$ 90,480		$ 76,822

[1] Investments at November 30, 2012, include the cash surrender value of insurance policies of $67.0 million, equity method investments of $27.2 million and cost method investments of $0.9 million. During the second quarter of fiscal 2013, Cintas sold stock of an equity method investment for a gain of $8.5 million. Investments at May 31, 2012, include the cash surrender value of insurance policies of $57.4 million, equity method investments of $31.9 million and cost method investments of $0.9 million.

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Basis of Presentation

6 Months Ended

Nov. 30, 2012

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation

Basis of Presentation

The consolidated condensed financial statements of Cintas Corporation (Cintas, the Company, we, us or our) included herein have been prepared by Cintas, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (SEC).  Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP) have been condensed or omitted pursuant to such rules and regulations.  While we believe that the disclosures are adequately presented, it is suggested that these consolidated condensed financial statements be read in conjunction with the consolidated financial statements and notes included in our Annual Report on Form 10-K for the fiscal year ended May 31, 2012.  A summary of our significant accounting policies is presented beginning on page 35 of that report.  There have been no material changes in the accounting policies followed by Cintas during the current fiscal year.

As disclosed in our Annual Report on Form 10-K for the fiscal year ended May 31, 2012, inventories are valued at the lower of cost (first-in, first-out) or market.  Inventory is comprised of the following amounts: 

(In thousands)	November 30, 2012		May 31, 2012
Raw materials	$	20,489	$	19,138
Work in process	13,209		13,052
Finished goods	202,497		219,015
	$	236,195	$	251,205

Interim results are subject to variations and are not necessarily indicative of the results of operations for a full fiscal year.  In the opinion of management, adjustments (which include only normal recurring adjustments) necessary for a fair statement of the consolidated results of the interim periods shown have been made.

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Long-Term Debt and Derivatives (Details) (USD $)	3 Months Ended		6 Months Ended		0 Months Ended		0 Months Ended
	Nov. 30, 2012	Nov. 30, 2011	Nov. 30, 2012	Nov. 30, 2011	Jun. 02, 2012 Notes Due 2012 [Member] Repayment of Debt [Member] Senior Notes [Member]	Jun. 05, 2012 Notes Due 2012 [Member] Issuance of Debt [Member] Senior Notes [Member]	Jun. 05, 2012 Notes Due 2022 [Member] Issuance of Debt [Member] Senior Notes [Member]
Line of Credit Facility [Line Items]
Commercial paper program availability	$ 300,000,000		$ 300,000,000
Revolving credit facility, maximum borrowing capacity with accordion feature	450,000,000		450,000,000
Repayments of Long-term Debt			225,312,000	903,000	225,000,000
Debt Instrument, Interest Rate, Stated Percentage						6.00%	3.25%
Proceeds from Issuance of Long-term Debt			250,000,000	0			250,000,000
Other Comprehensive Income Increase from Amortization of Interest Rate Cash Flow Hedge	$ 500,000	$ 400,000	$ 1,000,000	$ 800,000

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Supplemental Guarantor Information (Details 3) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Nov. 30, 2012	Nov. 30, 2011	Nov. 30, 2012	Nov. 30, 2011
Cash flows from operating activities:
Net income	$ 78,027	$ 74,350	$ 154,760	$ 142,988
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation			81,321	76,922
Amortization of intangible assets			11,973	20,104
Stock-based compensation			11,084	9,756
Deferred income taxes			55,245	(11,767)
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net			(24,528)	(20,850)
Inventories, net			15,460	(39,268)
Uniforms and other rental items in service			(28,105)	(29,630)
Prepaid expenses and other			(202)	(5,128)
Accounts payable			23,019	1,843
Accrued compensation and related liabilities			(36,899)	(15,314)
Accrued liabilities			(36,464)	26,306
Income taxes payable			599	19,996
Net cash provided by operating activities			227,263	175,958
Cash flows from investing activities:
Capital expenditures			(99,062)	(79,832)
Proceeds from redemption of marketable securities			41,453	140,162
Purchase of marketable securities and investments			(80,054)	(193,527)
Acquisitions of businesses, net of cash acquired			(53,243)	(14,551)
Other			(673)	5,772
Net cash used in investing activities			(191,579)	(141,976)
Cash flows from financing activities:
Proceeds from issuance of debt			250,000	0
Repayment of debt			(225,312)	(903)
Exercise of stock-based compensation awards			2,357	78
Repurchase of common stock			(159,175)	(262,682)
Other			(2,476)	1,454
Net cash used in financing activities			(134,606)	(262,053)
Effect of exchange rate changes on cash and cash equivalents			1,584	(2,263)
Net decrease in cash and cash equivalents			(97,338)	(230,334)
Cash and cash equivalents at beginning of period			339,825	438,106
Cash and cash equivalents at end of period	242,487	207,772	242,487	207,772
Cintas Corporation [Member]
Cash flows from operating activities:
Net income	78,027	74,350	154,760	142,988
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation			0	0
Amortization of intangible assets			0	0
Stock-based compensation			11,084	9,756
Deferred income taxes			0	0
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net			0	0
Inventories, net			0	0
Uniforms and other rental items in service			0	0
Prepaid expenses and other			0	0
Accounts payable			0	0
Accrued compensation and related liabilities			0	0
Accrued liabilities			0	0
Income taxes payable			0	0
Net cash provided by operating activities			165,844	152,744
Cash flows from investing activities:
Capital expenditures			0	0
Proceeds from redemption of marketable securities			0	0
Purchase of marketable securities and investments			0	0
Acquisitions of businesses, net of cash acquired			0	0
Other			(11,749)	109,311
Net cash used in investing activities			(11,749)	109,311
Cash flows from financing activities:
Proceeds from issuance of debt			0
Repayment of debt			0	0
Exercise of stock-based compensation awards			2,357	78
Repurchase of common stock			(159,175)	(262,682)
Other			2,723	549
Net cash used in financing activities			(154,095)	(262,055)
Effect of exchange rate changes on cash and cash equivalents			0	0
Net decrease in cash and cash equivalents			0	0
Cash and cash equivalents at beginning of period			0	0
Cash and cash equivalents at end of period	0	0	0	0
Corp. 2 [Member]
Cash flows from operating activities:
Net income	26,971	31,118	50,563	63,011
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation			48,061	47,021
Amortization of intangible assets			10,318	17,305
Stock-based compensation			0	0
Deferred income taxes			(1)	0
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net			(20,450)	(14,793)
Inventories, net			9,838	(42,583)
Uniforms and other rental items in service			(15,915)	(22,332)
Prepaid expenses and other			152	(974)
Accounts payable			(41,309)	(51,087)
Accrued compensation and related liabilities			(26,353)	(10,318)
Accrued liabilities			(7,450)	4,485
Income taxes payable			10,815	8,586
Net cash provided by operating activities			18,269	(1,679)
Cash flows from investing activities:
Capital expenditures			(57,660)	(50,166)
Proceeds from redemption of marketable securities			0	0
Purchase of marketable securities and investments			557	(1,282)
Acquisitions of businesses, net of cash acquired			(51,984)	(9,831)
Other			57,625	52,721
Net cash used in investing activities			(51,462)	(8,558)
Cash flows from financing activities:
Proceeds from issuance of debt			250,000
Repayment of debt			(225,542)	(522)
Exercise of stock-based compensation awards			0	0
Repurchase of common stock			0	0
Other			(4,965)	754
Net cash used in financing activities			19,493	232
Effect of exchange rate changes on cash and cash equivalents			(1)	(182)
Net decrease in cash and cash equivalents			(13,701)	(10,187)
Cash and cash equivalents at beginning of period			58,737	54,957
Cash and cash equivalents at end of period	45,036	44,770	45,036	44,770
Subsidiary Guarantors [Member]
Cash flows from operating activities:
Net income	53,226	38,840	103,498	77,548
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation			26,608	23,527
Amortization of intangible assets			117	205
Stock-based compensation			0	0
Deferred income taxes			54,959	(12,396)
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net			(7,242)	(4,301)
Inventories, net			(2,262)	3,246
Uniforms and other rental items in service			(8,877)	(9,748)
Prepaid expenses and other			(1,170)	(4,476)
Accounts payable			63,503	42,294
Accrued compensation and related liabilities			(9,260)	(4,813)
Accrued liabilities			(27,362)	25,936
Income taxes payable			(8,365)	10,178
Net cash provided by operating activities			184,147	147,200
Cash flows from investing activities:
Capital expenditures			(29,923)	(23,731)
Proceeds from redemption of marketable securities			1,065	0
Purchase of marketable securities and investments			(17,931)	(33,394)
Acquisitions of businesses, net of cash acquired			0	(65)
Other			(201,693)	(268,817)
Net cash used in investing activities			(248,482)	(326,007)
Cash flows from financing activities:
Proceeds from issuance of debt			0
Repayment of debt			1,016	423
Exercise of stock-based compensation awards			0	0
Repurchase of common stock			0	0
Other			0	0
Net cash used in financing activities			1,016	423
Effect of exchange rate changes on cash and cash equivalents			1,485	0
Net decrease in cash and cash equivalents			(61,834)	(178,384)
Cash and cash equivalents at beginning of period			229,287	313,283
Cash and cash equivalents at end of period	167,453	134,899	167,453	134,899
Non-Guarantors [Member]
Cash flows from operating activities:
Net income	2,407	189	5,939	5,061
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation			6,652	6,374
Amortization of intangible assets			1,538	2,594
Stock-based compensation			0	0
Deferred income taxes			287	629
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net			3,164	(1,756)
Inventories, net			687	790
Uniforms and other rental items in service			(1,244)	(903)
Prepaid expenses and other			816	322
Accounts payable			825	10,636
Accrued compensation and related liabilities			(1,286)	(183)
Accrued liabilities			(2,438)	(4,919)
Income taxes payable			(1,851)	1,232
Net cash provided by operating activities			13,089	19,877
Cash flows from investing activities:
Capital expenditures			(11,479)	(5,935)
Proceeds from redemption of marketable securities			40,388	140,162
Purchase of marketable securities and investments			(64,295)	(189,255)
Acquisitions of businesses, net of cash acquired			(1,259)	(4,655)
Other			1,887	(27)
Net cash used in investing activities			(34,758)	(59,710)
Cash flows from financing activities:
Proceeds from issuance of debt			0
Repayment of debt			0	0
Exercise of stock-based compensation awards			0	0
Repurchase of common stock			0	0
Other			(234)	151
Net cash used in financing activities			(234)	151
Effect of exchange rate changes on cash and cash equivalents			100	(2,081)
Net decrease in cash and cash equivalents			(21,803)	(41,763)
Cash and cash equivalents at beginning of period			51,801	69,866
Cash and cash equivalents at end of period	29,998	28,103	29,998	28,103
Eliminations [Member]
Cash flows from operating activities:
Net income	(82,604)	(70,147)	(160,000)	(145,620)
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation			0	0
Amortization of intangible assets			0	0
Stock-based compensation			0	0
Deferred income taxes			0	0
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net			0	0
Inventories, net			7,197	(721)
Uniforms and other rental items in service			(2,069)	3,353
Prepaid expenses and other			0	0
Accounts payable			0	0
Accrued compensation and related liabilities			0	0
Accrued liabilities			786	804
Income taxes payable			0	0
Net cash provided by operating activities			(154,086)	(142,184)
Cash flows from investing activities:
Capital expenditures			0	0
Proceeds from redemption of marketable securities			0	0
Purchase of marketable securities and investments			1,615	30,404
Acquisitions of businesses, net of cash acquired			0	0
Other			153,257	112,584
Net cash used in investing activities			154,872	142,988
Cash flows from financing activities:
Proceeds from issuance of debt			0
Repayment of debt			(786)	(804)
Exercise of stock-based compensation awards			0	0
Repurchase of common stock			0	0
Other			0	0
Net cash used in financing activities			(786)	(804)
Effect of exchange rate changes on cash and cash equivalents			0	0
Net decrease in cash and cash equivalents			0	0
Cash and cash equivalents at beginning of period			0	0
Cash and cash equivalents at end of period	$ 0	$ 0	$ 0	$ 0

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Consolidated Condensed Statements of Income (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Nov. 30, 2012	Nov. 30, 2011	Nov. 30, 2012	Nov. 30, 2011
Revenue:
Rental uniforms and ancillary products	$ 755,839	$ 722,789	$ 1,510,682	$ 1,442,212
Other services	304,547	296,337	601,029	594,094
Total revenue	1,060,386	1,019,126	2,111,711	2,036,306
Costs and expenses:
Cost of rental uniforms and ancillary products	438,902	410,247	867,050	813,653
Cost of other services	189,448	179,082	366,750	353,816
Selling and administrative expenses	293,013	297,112	599,594	607,578
Operating income	139,023	132,685	278,317	261,259
Interest income	(149)	(403)	(226)	(768)
Interest expense	16,294	17,728	32,892	35,062
Income before income taxes	122,878	115,360	245,651	226,965
Income taxes	44,851	41,010	90,891	83,977
Net income	$ 78,027	$ 74,350	$ 154,760	$ 142,988
Basic earnings per share (in dollars per share)	$ 0.63	$ 0.57	$ 1.24	$ 1.09
Diluted earnings per share (in dollars per share)	$ 0.63	$ 0.57	$ 1.23	$ 1.09
Dividends declared per share (in dollars per share)	$ 0.64	$ 0.54	$ 0.64	$ 0.54

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Consolidated Condensed Balance Sheets (Unaudited) (Parenthetical)	Nov. 30, 2012	May 31, 2012
Statement of Financial Position [Abstract]
Preferred stock, shares authorized (in shares)	100,000	100,000
Preferred stock, shares outstanding ( in shares)	0	0
Common stock, shares authorized (in shares)	425,000,000	425,000,000
Common stock, shares issued (in shares)	174,419,454	173,745,913
Common stock, shares outstanding (in shares)	123,228,777	126,519,758
Treasury stock, shares (in shares)	51,190,677	47,226,155

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Segment Information (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Nov. 30, 2012	Nov. 30, 2011	Nov. 30, 2012 segment	Nov. 30, 2011	May 31, 2012
Disclosures related to operating segments
Number of Operating Segments			4
Revenue	$ 1,060,386	$ 1,019,126	$ 2,111,711	$ 2,036,306
Income before income taxes	122,878	115,360	245,651	226,965
Total assets	4,217,882	4,215,312	4,217,882	4,215,312	4,160,906
Rental Uniforms and Ancillary Products [Member]
Disclosures related to operating segments
Revenue	755,839	722,789	1,510,682	1,442,212
Income before income taxes	116,051	104,477	232,958	203,895
Total assets	2,813,707	2,803,231	2,813,707	2,803,231
Uniform Direct Sales [Member]
Disclosures related to operating segments
Revenue	110,203	111,946	210,482	213,648
Income before income taxes	10,404	13,242	19,145	21,649
Total assets	143,880	157,339	143,880	157,339
First Aid, Safety and Fire Protection [Member]
Disclosures related to operating segments
Revenue	111,513	101,687	222,354	205,430
Income before income taxes	9,654	8,962	18,675	17,345
Total assets	393,429	364,461	393,429	364,461
Document Management [Member]
Disclosures related to operating segments
Revenue	82,831	82,704	168,193	175,016
Income before income taxes	2,914	6,004	7,539	18,370
Total assets	590,517	552,676	590,517	552,676
Corporate [Member]
Disclosures related to operating segments
Revenue	0	0	0	0
Income before income taxes	(16,145)	(17,325)	(32,666)	(34,294)
Total assets	$ 276,349	$ 337,605	$ 276,349	$ 337,605

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Supplemental Guarantor Information (Tables)

6 Months Ended

Nov. 30, 2012

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Consolidating Income Statement

Condensed Consolidating Income Statement

Three Months Ended November 30, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	575,274		$	152,771		$	55,370		$	(27,576	)	$	755,839
Other services	—		387,265			10,630			28,964			(122,312		)	304,547
Equity in net income of affiliates	78,027		—			—			—			(78,027		)	—
	78,027		962,539			163,401			84,334			(227,915		)	1,060,386
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		367,645			95,014			38,923			(62,680		)	438,902
Cost of other services	—		256,524			(6,949		)	18,564			(78,691		)	189,448
Selling and administrative expenses	—		280,259			(7,023		)	23,705			(3,928		)	293,013
Operating income	78,027		58,111			82,359			3,142			(82,616		)	139,023
Interest income	—		(13		)	(126		)	(10		)	—			(149		)
Interest expense (income)	—		16,277			18			(1		)	—			16,294
Income before income taxes	78,027		41,847			82,467			3,153			(82,616		)	122,878
Income taxes	—		14,876			29,241			746			(12		)	44,851
Net income	$	78,027	$	26,971		$	53,226		$	2,407		$	(82,604	)	$	78,027

Condensed Consolidating Income Statement

Three Months Ended November 30, 2011

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	558,143		$	141,673		$	51,276		$	(28,303	)	$	722,789
Other services	—		367,926			14,511			28,838			(114,938		)	296,337
Equity in net income of affiliates	74,350		—			—			—			(74,350		)	—
	74,350		926,069			156,184			80,114			(217,591		)	1,019,126
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		356,105			83,939			35,270			(65,067		)	410,247
Cost of other services	—		236,673			3,794			18,305			(79,690		)	179,082
Selling and administrative expenses	—		266,206			7,402			26,181			(2,677		)	297,112
Operating income	74,350		67,085			61,049			358			(70,157		)	132,685
Interest income	—		(77		)	(111		)	(215		)	—			(403		)
Interest expense (income)	—		17,813			(433		)	348			—			17,728
Income before income taxes	74,350		49,349			61,593			225			(70,157		)	115,360
Income taxes	—		18,231			22,753			36			(10		)	41,010
Net income	$	74,350	$	31,118		$	38,840		$	189		$	(70,147	)	$	74,350

Condensed Consolidating Income Statement

Six Months Ended November 30, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	1,151,559		$	305,588		$	109,154		$	(55,619	)	$	1,510,682
Other services	—		756,671			21,509			58,342			(235,493		)	601,029
Equity in net income of affiliates	154,760		—			—			—			(154,760		)	—
	154,760		1,908,230			327,097			167,496			(445,872		)	2,111,711
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		731,842			184,356			75,543			(124,691		)	867,050
Cost of other services	—		492,855			(9,366		)	36,272			(153,011		)	366,750
Selling and administrative expenses	—		570,903			(11,162		)	48,006			(8,153		)	599,594
Operating income	154,760		112,630			163,269			7,675			(160,017		)	278,317
Interest income	—		(31		)	(161		)	(34		)	—			(226		)
Interest expense	—		32,843			49			—			—			32,892
Income before income taxes	154,760		79,818			163,381			7,709			(160,017		)	245,651
Income taxes	—		29,255			59,883			1,770			(17		)	90,891
Net income	$	154,760	$	50,563		$	103,498		$	5,939		$	(160,000	)	$	154,760

Condensed Consolidating Income Statement

Six Months Ended November 30, 2011

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	1,111,891		$	283,588		$	103,859		$	(57,126	)	$	1,442,212
Other services	—		725,658			31,672			58,640			(221,876		)	594,094
Equity in net income of affiliates	142,988		—			—			—			(142,988		)	—
	142,988		1,837,549			315,260			162,499			(421,990		)	2,036,306
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		702,881			168,291			71,179			(128,698		)	813,653
Cost of other services	—		457,505			1,734			36,130			(141,553		)	353,816
Selling and administrative expenses	—		541,823			23,397			48,465			(6,107		)	607,578
Operating income	142,988		135,340			121,838			6,725			(145,632		)	261,259
Interest income	—		(157		)	(238		)	(373		)	—			(768		)
Interest expense (income)	—		35,589			(881		)	354			—			35,062
Income before income taxes	142,988		99,908			122,957			6,744			(145,632		)	226,965
Income taxes	—		36,897			45,409			1,683			(12		)	83,977
Net income	$	142,988	$	63,011		$	77,548		$	5,061		$	(145,620	)	$	142,988

Condensed Consolidating Statement of Comprehensive Income

Condensed Consolidating Statement of Comprehensive Income

Three Months Ended November 30, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	78,027	$	26,971		$	53,226		$	2,407		$	(82,604	)	$	78,027
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		(1		)	—			1,676			—			1,675
Change in fair value of derivatives	—		—			—			—			—			—
Amortization of interest rate lock           agreements	—		488			—			—			—			488
Change in fair value of available-for-           sale securities	—		—			(7		)	(3		)	—			(10		)
Other comprehensive income	—		487			(7		)	1,673			—			2,153
Comprehensive income	$	78,027	$	27,458		$	53,219		$	4,080		$	(82,604	)	$	80,180

Condensed Consolidating Statement of Comprehensive Income

Three Months Ended November 30, 2011

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors		Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	74,350	$	31,118		$	38,840	$	189		$	(70,147	)	$	74,350
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		(34		)	—		(20,730		)	—			(20,764		)
Change in fair value of derivatives	—		124			—		(97		)	—			27
Amortization of interest rate lock           agreements	—		377			—		—			—			377
Change in fair value of available-for-           sale securities	—		—			—		7			—			7
Other comprehensive income	—		467			—		(20,820		)	—			(20,353		)
Comprehensive income	$	74,350	$	31,585		$	38,840	$	(20,631	)	$	(70,147	)	$	53,997

Condensed Consolidating Statement of Comprehensive Income

Six Months Ended November 30, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	154,760	$	50,563		$	103,498		$	5,939		$	(160,000	)	$	154,760
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		7			—			8,685			—			8,692
Change in fair value of derivatives	—		(151		)	—			—			—			(151		)
Amortization of interest rate lock           agreements	—		976			—			—			—			976
Change in fair value of available-for-           sale securities	—		—			(7		)	(5		)	—			(12		)
Other comprehensive income	—		832			(7		)	8,680			—			9,505
Comprehensive income	$	154,760	$	51,395		$	103,491		$	14,619		$	(160,000	)	$	164,265

Condensed Consolidating Statement of Comprehensive Income

Six Months Ended November 30, 2011

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors		Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	142,988	$	63,011		$	77,548	$	5,061		$	(145,620	)	$	142,988
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		(35		)	—		(20,511		)	—			(20,546		)
Change in fair value of derivatives	—		207			—		(26		)	—			181
Amortization of interest rate lock           agreements	—		754			—		—			—			754
Change in fair value of available-for-           sale securities	—		—			—		25			—			25
Other comprehensive income	—		926			—		(20,512		)	—			(19,586		)
Comprehensive income	$	142,988	$	63,937		$	77,548	$	(15,451	)	$	(145,620	)	$	123,402

Condensed Consolidating Balance Sheet

Condensed Consolidating Balance Sheet

As of November 30, 2012

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors		Eliminations			Cintas Corporation Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	45,036		$	167,453		$	29,998	$	—		$	242,487
Marketable securities	—			—			9,781			24,081		—			33,862
Accounts receivable, net	—			350,351			88,484			40,271		—			479,106
Inventories, net	—			200,445			22,519			10,545		2,686			236,195
Uniforms and other rental items in service	—			353,213			110,312			37,406		(18,930		)	482,001
Income taxes, current	—			(5,510		)	12,009			14,477		—			20,976
Prepaid expenses and other	—			7,766			13,940			3,329		—			25,035
Total current assets	—			951,301			424,498			160,107		(16,244		)	1,519,662
Property and equipment, at cost, net	—			612,243			263,130			91,887		—			967,260
Goodwill	—			—			1,452,020			70,391		—			1,522,411
Service contracts, net	—			85,481			229			4,770		—			90,480
Other assets, net	1,569,229			1,627,395			2,633,892			760,007		(6,472,454		)	118,069
	$	1,569,229		$	3,276,420		$	4,773,769		$	1,087,162	$	(6,488,698	)	$	4,217,882
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	(465,247	)	$	(549,502	)	$	1,075,016		$	20,248	$	38,019		$	118,534
Accrued compensation and related liabilities	—			37,444			12,359			4,677		—			54,480
Accrued liabilities	—			64,319			249,467			11,291		—			325,077
Deferred tax (asset) liability	—			(557		)	53,401			3,583		—			56,427
Long-term debt due within one year	—			910			(249		)	—		—			661
Total current liabilities	(465,247		)	(447,386		)	1,389,994			39,799		38,019			555,179
Long-term liabilities:
Long-term debt due after one year	—			1,318,234			(10,253		)	848		—			1,308,829
Deferred income taxes	—			(7		)	200,880			5,909		—			206,782
Accrued liabilities	—			—			65,541			907		—			66,448
Total long-term liabilities	—			1,318,227			256,168			7,664		—			1,582,059
Total shareholders’ equity	2,034,476			2,405,579			3,127,607			1,039,699		(6,526,717		)	2,080,644
	$	1,569,229		$	3,276,420		$	4,773,769		$	1,087,162	$	(6,488,698	)	$	4,217,882

Condensed Consolidating Balance Sheet

As of May 31, 2012

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors		Eliminations			Cintas Corporation Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	58,737		$	229,287		$	51,801	$	—		$	339,825
Accounts receivable, net	—			327,442			81,243			42,176		—			450,861
Inventories, net	—			210,283			20,258			10,781		9,883			251,205
Uniforms and other rental items in service	—			337,298			101,435			35,051		(20,999		)	452,785
Income taxes, current	—			5,296			3,642			13,250		—			22,188
Prepaid expenses and other	—			7,905			12,770			4,029		—			24,704
Total current assets	—			946,961			448,635			157,088		(11,116		)	1,541,568
Property and equipment, at cost, net	—			600,565			259,744			83,996		—			944,305
Goodwill	—			—			1,419,535			65,840		—			1,485,375
Service contracts, net	—			71,337			326			5,159		—			76,822
Other assets, net	1,637,225			1,628,516			2,467,198			759,439		(6,379,542		)	112,836
	$	1,637,225		$	3,247,379		$	4,595,438		$	1,071,522	$	(6,390,658	)	$	4,160,906
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	(465,247	)	$	(475,624	)	$	978,932		$	18,760	$	38,019		$	94,840
Accrued compensation and related liabilities	—			63,797			21,619			5,798		—			91,214
Accrued liabilities	—			67,651			176,220			13,557		(786		)	256,642
Deferred tax (asset) liability	—			(538		)	(87		)	3,184		—			2,559
Long-term debt due within one year	—			225,866			(230		)	—		—			225,636
Total current liabilities	(465,247		)	(118,848		)	1,176,454			41,299		37,233			670,891
Long-term liabilities:
Long-term debt due after one year	—			1,068,820			(11,288		)	848		786			1,059,166
Deferred income taxes	—			(6		)	199,404			5,183		—			204,581
Accrued liabilities	—			—			86,406			727		—			87,133
Total long-term liabilities	—			1,068,814			274,522			6,758		786			1,350,880
Total shareholders’ equity	2,102,472			2,297,413			3,144,462			1,023,465		(6,428,677		)	2,139,135
	$	1,637,225		$	3,247,379		$	4,595,438		$	1,071,522	$	(6,390,658	)	$	4,160,906

Condensed Consolidating Statement of Cash Flows

Condensed Consolidating Statement of Cash Flows

Six Months Ended November 30, 2012

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Cash flows from operating activities:
Net income	$	154,760		$	50,563		$	103,498		$	5,939		$	(160,000	)	$	154,760
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation	—			48,061			26,608			6,652			—			81,321
Amortization of intangible assets	—			10,318			117			1,538			—			11,973
Stock-based compensation	11,084			—			—			—			—			11,084
Deferred income taxes	—			(1		)	54,959			287			—			55,245
Changes in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	—			(20,450		)	(7,242		)	3,164			—			(24,528		)
Inventories, net	—			9,838			(2,262		)	687			7,197			15,460
Uniforms and other rental items in service	—			(15,915		)	(8,877		)	(1,244		)	(2,069		)	(28,105		)
Prepaid expenses and other	—			152			(1,170		)	816			—			(202		)
Accounts payable	—			(41,309		)	63,503			825			—			23,019
Accrued compensation and related liabilities	—			(26,353		)	(9,260		)	(1,286		)	—			(36,899		)
Accrued liabilities	—			(7,450		)	(27,362		)	(2,438		)	786			(36,464		)
Income taxes payable	—			10,815			(8,365		)	(1,851		)	—			599
Net cash provided by (used in) operating activities	165,844			18,269			184,147			13,089			(154,086		)	227,263
Cash flows from investing activities:
Capital expenditures	—			(57,660		)	(29,923		)	(11,479		)	—			(99,062		)
Proceeds from redemption of marketable securities	—			—			1,065			40,388			—			41,453
Purchase of marketable securities and investments	—			557			(17,931		)	(64,295		)	1,615			(80,054		)
Acquisitions of businesses, net of cash acquired	—			(51,984		)	—			(1,259		)	—			(53,243		)
Other	(11,749		)	57,625			(201,693		)	1,887			153,257			(673		)
Net cash (used in) provided by investing activities	(11,749		)	(51,462		)	(248,482		)	(34,758		)	154,872			(191,579		)
Cash flows from financing activities:
Proceeds from issuance of debt	—			250,000			—			—			—			250,000
Repayment of debt	—			(225,542		)	1,016			—			(786		)	(225,312		)
Exercise of stock-based compensation awards	2,357			—			—			—			—			2,357
Repurchase of common stock	(159,175		)	—			—			—			—			(159,175		)
Other	2,723			(4,965		)	—			(234		)	—			(2,476		)
Net cash (used in) provided by financing activities	(154,095		)	19,493			1,016			(234		)	(786		)	(134,606		)
Effect of exchange rate changes on cash and cash equivalents	—			(1		)	1,485			100			—			1,584
Net decrease in cash and cash equivalents	—			(13,701		)	(61,834		)	(21,803		)	—			(97,338		)
Cash and cash equivalents at beginning of period	—			58,737			229,287			51,801			—			339,825
Cash and cash equivalents at end of period	$	—		$	45,036		$	167,453		$	29,998		$	—		$	242,487

Condensed Consolidating Statement of Cash Flows

Six Months Ended November 30, 2011

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Cash flows from operating activities:
Net income	$	142,988		$	63,011		$	77,548		$	5,061		$	(145,620	)	$	142,988
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation	—			47,021			23,527			6,374			—			76,922
Amortization of intangible assets	—			17,305			205			2,594			—			20,104
Stock-based compensation	9,756			—			—			—			—			9,756
Deferred income taxes	—			—			(12,396		)	629			—			(11,767		)
Changes in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	—			(14,793		)	(4,301		)	(1,756		)	—			(20,850		)
Inventories, net	—			(42,583		)	3,246			790			(721		)	(39,268		)
Uniforms and other rental items in service	—			(22,332		)	(9,748		)	(903		)	3,353			(29,630		)
Prepaid expenses and other	—			(974		)	(4,476		)	322			—			(5,128		)
Accounts payable	—			(51,087		)	42,294			10,636			—			1,843
Accrued compensation and related liabilities	—			(10,318		)	(4,813		)	(183		)	—			(15,314		)
Accrued liabilities	—			4,485			25,936			(4,919		)	804			26,306
Income taxes payable	—			8,586			10,178			1,232			—			19,996
Net cash provided by (used in) operating activities	152,744			(1,679		)	147,200			19,877			(142,184		)	175,958
Cash flows from investing activities:
Capital expenditures	—			(50,166		)	(23,731		)	(5,935		)	—			(79,832		)
Proceeds from redemption of marketable securities	—			—			—			140,162			—			140,162
Purchase of marketable securities and investments	—			(1,282		)	(33,394		)	(189,255		)	30,404			(193,527		)
Acquisitions of businesses, net of cash acquired	—			(9,831		)	(65		)	(4,655		)	—			(14,551		)
Other	109,311			52,721			(268,817		)	(27		)	112,584			5,772
Net cash provided by (used in) investing activities	109,311			(8,558		)	(326,007		)	(59,710		)	142,988			(141,976		)
Cash flows from financing activities:
Repayment of debt	—			(522		)	423			—			(804		)	(903		)
Exercise of stock-based compensation awards	78			—			—			—			—			78
Repurchase of common stock	(262,682		)	—			—			—			—			(262,682		)
Other	549			754			—			151			—			1,454
Net cash (used in) provided by financing activities	(262,055		)	232			423			151			(804		)	(262,053		)
Effect of exchange rate changes on cash and cash equivalents	—			(182		)	—			(2,081		)	—			(2,263		)
Net decrease in cash and cash equivalents	—			(10,187		)	(178,384		)	(41,763		)	—			(230,334		)
Cash and cash equivalents at beginning of period	—			54,957			313,283			69,866			—			438,106
Cash and cash equivalents at end of period	$	—		$	44,770		$	134,899		$	28,103		$	—		$	207,772

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Supplemental Guarantor Information Narrative (Details) (USD $) In Millions, unless otherwise specified	Nov. 30, 2012
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Long-term notes	$ 1,300.0

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Fair Value Measurements (Details) (Fair Value, Measurements, Recurring [Member], USD $) In Thousands, unless otherwise specified	Nov. 30, 2012	May 31, 2012
Level 1 [Member]
Fair value on a recurring basis
Cash and cash equivalents	$ 242,487	$ 339,825
Total assets at fair value	242,487	339,825
Level 1 [Member] | U.S. Municipal Bonds [Member]
Fair value on a recurring basis
Marketable securities	0
Level 1 [Member] | Canadian treasury securities [Member]
Fair value on a recurring basis
Marketable securities	0
Level 2 [Member]
Fair value on a recurring basis
Cash and cash equivalents	0	0
Total assets at fair value	33,862	0
Level 2 [Member] | U.S. Municipal Bonds [Member]
Fair value on a recurring basis
Marketable securities	9,781
Level 2 [Member] | Canadian treasury securities [Member]
Fair value on a recurring basis
Marketable securities	24,081
Level 3 [Member]
Fair value on a recurring basis
Cash and cash equivalents	0	0
Total assets at fair value	0	0
Level 3 [Member] | U.S. Municipal Bonds [Member]
Fair value on a recurring basis
Marketable securities	0
Level 3 [Member] | Canadian treasury securities [Member]
Fair value on a recurring basis
Marketable securities	0
Fair Value [Member]
Fair value on a recurring basis
Cash and cash equivalents	242,487	339,825
Total assets at fair value	276,349	339,825
Fair Value [Member] | U.S. Municipal Bonds [Member]
Fair value on a recurring basis
Marketable securities	9,781
Fair Value [Member] | Canadian treasury securities [Member]
Fair value on a recurring basis
Marketable securities	$ 24,081

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Consolidated Condensed Statements of Cash Flows (Unaudited) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Nov. 30, 2012	Nov. 30, 2011
Cash flows from operating activities:
Net income	$ 154,760	$ 142,988
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	81,321	76,922
Amortization of intangible assets	11,973	20,104
Stock-based compensation	11,084	9,756
Deferred income taxes	55,245	(11,767)
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	(24,528)	(20,850)
Inventories, net	15,460	(39,268)
Uniforms and other rental items in service	(28,105)	(29,630)
Prepaid expenses and other	(202)	(5,128)
Accounts payable	23,019	1,843
Accrued compensation and related liabilities	(36,899)	(15,314)
Accrued liabilities	(36,464)	26,306
Income taxes payable	599	19,996
Net cash provided by operating activities	227,263	175,958
Cash flows from investing activities:
Capital expenditures	(99,062)	(79,832)
Proceeds from redemption of marketable securities	41,453	140,162
Purchase of marketable securities and investments	(80,054)	(193,527)
Acquisitions of businesses, net of cash acquired	(53,243)	(14,551)
Other, net	(673)	5,772
Net cash used in investing activities	(191,579)	(141,976)
Cash flows from financing activities:
Proceeds from issuance of debt	250,000	0
Repayment of debt	(225,312)	(903)
Proceeds from exercise of stock-based compensation awards	2,357	78
Repurchase of common stock	(159,175)	(262,682)
Other, net	(2,476)	1,454
Net cash used in financing activities	(134,606)	(262,053)
Effect of exchange rate changes on cash and cash equivalents	1,584	(2,263)
Net decrease in cash and cash equivalents	(97,338)	(230,334)
Cash and cash equivalents at beginning of period	339,825	438,106
Cash and cash equivalents at end of period	$ 242,487	$ 207,772

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Consolidated Condensed Statements of Comprehensive Income (Unaudited) (USD $) In Thousands, unless otherwise specified	3 Months Ended				6 Months Ended
	Nov. 30, 2012		Nov. 30, 2011		Nov. 30, 2012		Nov. 30, 2011
Net income	$ 78,027		$ 74,350		$ 154,760		$ 142,988
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	1,675		(20,764)		8,692		(20,546)
Change in fair value of derivatives(1)	0	[1]	27	[1]	(151)	[1]	181	[1]
Amortization of interest rate lock agreements	488		377		976		754
Change in fair value of available-for-sale securities(2)	(10)	[2]	7	[2]	(12)	[2]	25	[2]
Other comprehensive income	2,153		(20,353)		9,505		(19,586)
Comprehensive income	$ 80,180		$ 53,997		$ 164,265		$ 123,402

[1] Net of less than $0.1 million of tax benefit for the three months ended November 30, 2011. Net of less than $0.1 million of tax expense and $0.1 million of tax benefit for the six months ended November 30, 2012 and 2011, respectively.

[2] Net of less than $0.1 million of tax benefit for the three months ended November 30, 2012 and 2011, respectively. Net of less than $0.1 million of tax benefit for both the six months ended November 30, 2012 and 2011, respectively.

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Basis of Presentation (Tables)

6 Months Ended

Nov. 30, 2012

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of inventory

Inventory is comprised of the following amounts: 

(In thousands)	November 30, 2012		May 31, 2012
Raw materials	$	20,489	$	19,138
Work in process	13,209		13,052
Finished goods	202,497		219,015
	$	236,195	$	251,205

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Document and Entity Information	6 Months Ended
	Nov. 30, 2012	Dec. 31, 2012
Document and Entity Information [Abstract]
Entity Registrant Name	CINTAS CORP
Entity Central Index Key	0000723254
Document Type	10-Q
Document Period End Date	Nov. 30, 2012
Amendment Flag	false
Current Fiscal Year End Date	--05-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		123,286,223
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q2

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Fair Value Measurements (Tables)

6 Months Ended

Nov. 30, 2012

Fair Value Disclosures [Abstract]

Schedule of fair value of financial instruments measured on a recurring basis

These financial instruments measured at fair value on a recurring basis are summarized below: 

(In thousands)	As of November 30, 2012
	Level 1		Level 2		Level 3		Fair Value
Cash and cash equivalents	$	242,487	$	—	$	—	$	242,487
Marketable securities:
U.S. municipal bonds	—		9,781		—		9,781
Canadian treasury securities	—		24,081		—		24,081
Total assets at fair value	$	242,487	$	33,862	$	—	$	276,349

(In thousands)	As of May 31, 2012
	Level 1		Level 2		Level 3		Fair Value
Cash and cash equivalents	$	339,825	$	—	$	—	$	339,825
Total assets at fair value	$	339,825	$	—	$	—	$	339,825

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Consolidated Condensed Statements of Comprehensive Income (Unaudited) (Parenthetical) (Less Than [Member], USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Nov. 30, 2012	Nov. 30, 2011	Nov. 30, 2012	Nov. 30, 2011
Less Than [Member]
Change in fair value of derivative, tax expense (benefit)		$ (0.1)	$ 0.1	$ (0.1)
Change in fair value of available-for-sale securities, tax expense (benefit)	$ (0.1)	$ (0.1)	$ (0.1)	$ (0.1)

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Debt, Derivatives and Hedging Activities

6 Months Ended

Nov. 30, 2012

Debt, Derivatives and Hedging Activities [Abstract]

Debt, Derivatives and Hedging Activities

Debt, Derivatives and Hedging Activities

Cintas’ commercial paper program has a capacity of $300.0 million that is fully supported by a backup revolving credit facility through a credit agreement with its banking group.  This revolving credit facility has an accordion feature that allows for a maximum borrowing capacity of $450.0 million and has a maturity date of October 6, 2016.  No commercial paper or borrowings on our revolving credit facility were outstanding as of November 30, 2012 or May 31, 2012.

On June 1, 2012, Cintas repaid at maturity $225.0 million aggregate principal amount of its 6.00% senior notes due 2012. On June 5, 2012, Cintas issued $250.0 million aggregate principal amount of senior notes due June 1, 2022. These senior notes bear interest at a rate of 3.25% paid semi-annually beginning December 1, 2012.

Cintas used interest rate lock agreements to hedge against movements in the treasury rates at the time Cintas issued its senior notes in fiscal 2007, fiscal 2008, fiscal 2011 and fiscal 2013.  The amortization of the cash flow hedges resulted in an increase to other comprehensive income of $0.5 million and $0.4 million for the three months ended November 30, 2012 and 2011, respectively, and $1.0 million and $0.8 million for the six months ended November 30, 2012 and 2011, respectively.

Cintas has certain covenants related to debt agreements. These covenants limit Cintas’ ability to incur certain liens, to engage in sale-leaseback transactions and to merge, consolidate or sell all or substantially all of Cintas’ assets. These covenants also require Cintas to maintain certain debt to EBITDA and interest coverage ratios. Cross-default provisions exist between certain debt instruments.  Cintas is in compliance with all of the significant debt covenants for all periods presented. If a default of a significant covenant were to occur, the default could result in an acceleration of the maturity of the indebtedness, impair liquidity and limit the ability to raise future capital.

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Goodwill, Service Contracts and Other Assets

6 Months Ended

Nov. 30, 2012

Goodwill, Service Contracts and Other Assets [Abstract]

Goodwill, Service Contracts and Other Assets

Goodwill, Service Contracts and Other Assets

Changes in the carrying amount of goodwill and service contracts for the six months endedNovember 30, 2012, by operating segment, are as follows:

Goodwill (in thousands)	Rental Uniforms & Ancillary Products		Uniform Direct Sales		First Aid, Safety & Fire Protection		Document Management		Total
Balance as of June 1, 2012	$	944,449	$	23,968	$	192,465	$	324,493	$	1,485,375
Goodwill acquired	—		—		24,110		10,610		34,720
Foreign currency translation	608		28		—		1,680		2,316
Balance as of November 30, 2012	$	945,057	$	23,996	$	216,575	$	336,783	$	1,522,411

Service Contracts (in thousands)	Rental Uniforms & Ancillary Products			Uniform Direct Sales		First Aid, Safety & Fire Protection			Document Management			Total
Balance as of June 1, 2012	$	29,156		$	—	$	29,334		$	18,332		$	76,822
Service contracts acquired	—			—		9,951			13,491			23,442
Service contracts amortization	(3,874		)	—		(3,821		)	(3,533		)	(11,228		)
Foreign currency translation	852			—		—			592			1,444
Balance as of November 30, 2012	$	26,134		$	—	$	35,464		$	28,882		$	90,480

Information regarding Cintas’ service contracts and other assets is as follows:

	As of November 30, 2012
(In thousands)	Carrying Amount		Accumulated Amortization		Net
Service contracts	$	409,522	$	319,042	$	90,480
Noncompete and consulting agreements	$	77,469	$	72,068	$	5,401
Investments (1)	95,109		—		95,109
Other	21,538		3,979		17,559
Total	$	194,116	$	76,047	$	118,069

	As of May 31, 2012
(In thousands)	Carrying Amount		Accumulated Amortization		Net
Service contracts	$	384,622	$	307,800	$	76,822
Noncompete and consulting agreements	$	76,036	$	69,954	$	6,082
Investments (1)	90,198		—		90,198
Other	19,828		3,272		16,556
Total	$	186,062	$	73,226	$	112,836

⁽¹⁾      Investments at November 30, 2012, include the cash surrender value of insurance policies of $67.0 million, equity method investments of $27.2 million and cost method investments of $0.9 million.  During the second quarter of fiscal 2013, Cintas sold stock of an equity method investment for a gain of $8.5 million. Investments at May 31, 2012, include the cash surrender value of insurance policies of $57.4 million, equity method investments of $31.9 million and cost method investments of $0.9 million.

Amortization expense was $12.0 million and $20.1 million for the six months endedNovember 30, 2012 and 2011, respectively.  Estimated amortization expense, excluding any future acquisitions, for each of the next five fiscal years is $23.1 million, $20.7 million, $17.8 million, $12.6 million and $7.6 million, respectively.

Investments recorded using the cost method are evaluated for impairment on an annual basis or when indicators of impairment are identified.  For the six months endedNovember 30, 2012 and 2011, no losses due to impairment were recorded.

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Basis of Presentation (Details) (USD $) In Thousands, unless otherwise specified	Nov. 30, 2012	May 31, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Raw materials	$ 20,489	$ 19,138
Work in process	13,209	13,052
Finished goods	202,497	219,015
Inventories, net	$ 236,195	$ 251,205

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Earnings per Share (Tables)

6 Months Ended

Nov. 30, 2012

Earnings Per Share [Abstract]

Computation of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted earnings per share using the two-class method for amounts attributable to Cintas’ common shares: 

	Three Months Ended					Six Months Ended
(In thousands except per share data)	November 30, 2012			November 30, 2011		November 30, 2012		November 30, 2011
Basic Earnings per Share
Net income	$	78,027		$	74,350	$	154,760	$	142,988
Less dividends to:
Common shares	$	78,866		$	70,055	$	78,866	$	70,055
Unvested shares	878			765		878		765
Total dividends	$	79,744		$	70,820	$	79,744	$	70,820
Undistributed net (loss) income	$	(1,717	)	$	3,530	$	75,016	$	72,168
Less: net (loss) income allocated to participating unvested securities	(8		)	21		409		448
Net (loss) income available to common shareholders	$	(1,709	)	$	3,509	$	74,607	$	71,720
Basic weighted average common shares outstanding	124,185			129,727		125,153		130,522
Basic earnings per common share:
Common shares - distributed earnings	$	0.64		$	0.54	$	0.64	$	0.54
Common shares - undistributed earnings	(0.01		)	0.03		0.60		0.55
Total common shares	$	0.63		$	0.57	$	1.24	$	1.09
Unvested shares - distributed earnings	$	0.64		$	0.54	$	0.64	$	0.54
Unvested shares - undistributed earnings	(0.01		)	0.03		0.60		0.55
Total unvested shares	$	0.63		$	0.57	$	1.24	$	1.09

	Three Months Ended					Six Months Ended
(In thousands except per share data)	November 30, 2012			November 30, 2011		November 30, 2012		November 30, 2011
Diluted Earnings per Share
Net income	$	78,027		$	74,350	$	154,760	$	142,988
Less dividends to:
Common shares	$	78,866		$	70,055	$	78,866	$	70,055
Unvested shares	878			765		878		765
Total dividends	$	79,744		$	70,820	$	79,744	$	70,820
Undistributed net (loss) income	$	(1,717	)	$	3,530	$	75,016	$	72,168
Less: net (loss) income allocated to participating unvested securities	(8		)	21		409		448
Net (loss) income available to common shareholders	$	(1,709	)	$	3,509	$	74,607	$	71,720
Basic weighted average common shares outstanding	124,185			129,727		125,153		130,522
Effect of dilutive securities – employee stock options	424			13		388		21
Diluted weighted average common shares outstanding	124,609			129,740		125,541		130,543
Diluted earnings per share:
Common shares - distributed earnings	$	0.64		$	0.54	$	0.64	$	0.54
Common shares - undistributed earnings	(0.01		)	0.03		0.59		0.55
Total common shares	$	0.63		$	0.57	$	1.23	$	1.09
Unvested shares - distributed earnings	$	0.64		$	0.54	$	0.64	$	0.54
Unvested shares - undistributed earnings	(0.01		)	0.03		0.59		0.55
Total unvested shares	$	0.63		$	0.57	$	1.23	$	1.09

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Segment Information

6 Months Ended

Nov. 30, 2012

Segment Reporting [Abstract]

Segment Information

Segment Information

Cintas classifies its businesses into four operating segments based on the types of products and services provided.  The Rental Uniforms and Ancillary Products operating segment consists of the rental and servicing of uniforms and other garments including flame resistant clothing, mats, mops and shop towels and other ancillary items.  In addition to these rental items, restroom cleaning services and supplies and carpet and tile cleaning services are also provided within this operating segment.  The Uniform Direct Sales operating segment consists of the direct sale of uniforms and related items and branded promotional products.  The First Aid, Safety and Fire Protection Services operating segment consists of first aid, safety and fire protection products and services.  The Document Management Services operating segment consists of document destruction, document imaging and document retention services.

Cintas evaluates the performance of each operating segment based on several factors of which the primary financial measures are operating segment revenue and income before income taxes.  The accounting policies of the operating segments are the same as those described in Note 1 entitled Basis of Presentation.  Information related to the operations of Cintas’ operating segments is set forth below: 

(In thousands)	Rental Uniforms & Ancillary Products		Uniform Direct Sales		First Aid, Safety & Fire Protection		Document Management		Corporate			Total
For the three months ended November 30, 2012
Revenue	$	755,839	$	110,203	$	111,513	$	82,831	$	—		$	1,060,386
Income (loss) before income taxes	$	116,051	$	10,404	$	9,654	$	2,914	$	(16,145	)	$	122,878
For the three months ended November 30, 2011
Revenue	$	722,789	$	111,946	$	101,687	$	82,704	$	—		$	1,019,126
Income (loss) before income taxes	$	104,477	$	13,242	$	8,962	$	6,004	$	(17,325	)	$	115,360
As of and for the six months ended November 30, 2012
Revenue	$	1,510,682	$	210,482	$	222,354	$	168,193	$	—		$	2,111,711
Income (loss) before income taxes	$	232,958	$	19,145	$	18,675	$	7,539	$	(32,666	)	$	245,651
Total assets	$	2,813,707	$	143,880	$	393,429	$	590,517	$	276,349		$	4,217,882
As of and for the six months ended November 30, 2011
Revenue	$	1,442,212	$	213,648	$	205,430	$	175,016	$	—		$	2,036,306
Income (loss) before income taxes	$	203,895	$	21,649	$	17,345	$	18,370	$	(34,294	)	$	226,965
Total assets	$	2,803,231	$	157,339	$	364,461	$	552,676	$	337,605		$	4,215,312

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Income Taxes

6 Months Ended

Nov. 30, 2012

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

In the normal course of business, Cintas provides for uncertain tax positions and the related interest, and adjusts its unrecognized tax benefits and accrued interest accordingly.  During the three months ended November 30, 2012, unrecognized tax benefits decreased by approximately $32.5 million and accrued interest decreased by approximately $1.2 million.  During the six months ended November 30, 2012, unrecognized tax benefits decreased by approximately $32.1 million and accrued interest decreased by approximately $1.1 million. The decrease in unrecognized tax benefits for the three months and six months ended November 30, 2012, was due to a change in the IRS capitalization regulations adopted by Cintas in the second quarter of fiscal 2013 and resulted in a reclass between long-term accrued liabilities and deferred tax liability.

All U.S. federal income tax returns are closed to audit through fiscal 2010.  Cintas is currently in advanced stages of various audits in certain foreign jurisdictions and certain domestic states. The years under audit cover fiscal years back to 2005.  Based on the resolution of the various audits and changes in tax law, it is reasonably possible that the balance of unrecognized tax benefits could decrease by $1.3 million for the fiscal year ending May 31, 2013.

On December 23, 2011, the U.S. Department of the Treasury and the Internal Revenue Service issued temporary regulations (Regulations Section 2011-14) that provide guidance on amounts paid to improve tangible property, and acquire or produce tangible property, as well as guidance regarding the disposition of property and the expensing of supplies and materials. The finalized regulations are effective for Cintas' fiscal year ending May 31, 2014. Due to the recently announced extension of effective date of the regulations and indications of changes to the de minimis and disposition rules, Cintas continues to review these regulations, but does not believe there will be a material impact on Cintas’ consolidated financial statements.

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Litigation and Other Contingencies

6 Months Ended

Nov. 30, 2012

Commitments and Contingencies Disclosure [Abstract]

Litigation and Other Contingencies

Litigation and Other Contingencies

Cintas is subject to legal proceedings, insurance receipts, legal settlements and claims arising from the ordinary course of its business, including personal injury, customer contract, environmental and employment claims. In the opinion of management, the aggregate liability, if any, with respect to such ordinary course of business actions will not have a material adverse effect on the consolidated financial position, consolidated results of operation or consolidated cash flows of Cintas. Cintas is party to additional litigation not considered in the ordinary course of business, including the litigation discussed below.

Cintas is a defendant in a purported class action lawsuit, Mirna E. Serrano, et al. v. Cintas Corporation (Serrano), filed on May 10, 2004, and pending in the United States District Court, Eastern District of Michigan, Southern Division.  The Serrano plaintiffs alleged that Cintas discriminated against women in hiring into various service sales representative positions across all divisions of Cintas.  On November 15, 2005, the Equal Employment Opportunity Commission (EEOC) intervened in the Serrano lawsuit.  The Serrano plaintiffs seek injunctive relief, compensatory damages, punitive damages, attorneys’ fees and other remedies.  On October 27, 2008, the United States District Court in the Eastern District of Michigan granted summary judgment in favor of Cintas limiting the scope of the putative class in the Serrano lawsuit to female applicants for service sales representative positions at Cintas locations within the state of Michigan.  Consequently, all claims brought by female applicants for service sales representative positions outside of the state of Michigan were dismissed.  Similarly, any claims brought by the EEOC on behalf of similarly situated female applicants outside of the state of Michigan have also been dismissed from the Serrano lawsuit. In September 2010, the Court in Serrano dismissed all private individual claims and all claims of the EEOC and the 13 individuals it claimed to represent. The EEOC appealed the District Court's summary judgment decisions and various other rulings to the United States Court of Appeals for the Sixth Circuit. On November 9, 2012, a three-judge panel of the Sixth Circuit reversed the District Court's opinion and remanded the claims back to the District Court. On November 21, 2012, Cintas filed a Petition for Rehearing and Rehearing en banc requesting that a full panel of the Sixth Circuit review the decision issued by the three-judge panel and reverse the three-judge panel's decision. The Sixth Circuit ordered the EEOC to respond to the Petition for Rehearing and Rehearing en banc, and the EEOC filed its response on December 14, 2012. As of January 9, 2013, the Sixth Circuit has not yet ruled on Cintas' Petition for Rehearing and Rehearing en banc.

Cintas is a defendant in another purported class action lawsuit, Blanca Nelly Avalos, et al. v. Cintas Corporation (Avalos), which was filed in the United States District Court, Eastern District of Michigan, Southern Division.  The Avalos plaintiffs alleged that Cintas discriminated against women, African-Americans and Hispanics in hiring into various service sales representative positions in Cintas’ Rental division only throughout the United States.  The Avalos plaintiffs sought injunctive relief, compensatory damages, punitive damages, attorneys’ fees and other remedies.  The claims in Avalos originally were brought in the lawsuit captioned Robert Ramirez, et al. v. Cintas Corporation(Ramirez), filed on January 20, 2004, in the United States District Court, Northern District of California, San Francisco Division.  On May 11, 2006, the Ramirez and Avalos African-American, Hispanic and female failure to hire into service sales representative positions claims and the EEOC’s intervention were consolidated for pretrial purposes with the Serrano case and transferred to the United States District Court for the Eastern District of Michigan, Southern Division.  The consolidated case was known as Mirna E. Serrano/BlancaNelly Avalos, et al. v. Cintas Corporation (Serrano/Avalos).  On March 31, 2009, the United States District Court, Eastern District of Michigan, Southern Division entered an order denying class certification to all plaintiffs in the Serrano/Avalos lawsuits.   Following denial of class certification, the Court permitted the individual Avalos and Serrano plaintiffs to proceed separately.  In the Avalos case, the Court dismissed the remaining claims of the individual plaintiffs who remained in that case after the denial of class certification.  On May 11, 2010, Plaintiff Tanesha Davis, on behalf of all similarly situated plaintiffs in the Avalos case, filed a notice of appeal of the District Court’s summary judgment order in the United States Court of Appeals for the Sixth Circuit.  The Appellate Court has made no determination regarding the merits of Davis’ appeal. 

The litigation discussed above, if decided or settled adversely to Cintas, may, individually or in the aggregate, result in liability material to Cintas’ consolidated financial condition, consolidated results of operation or consolidated cash flows and could increase costs of operations on an ongoing basis.  Any estimated liability relating to these proceedings is not determinable at this time.  Cintas may enter into discussions regarding settlement of these and other lawsuits, and may enter into settlement agreements if it believes such settlement is in the best interest of Cintas’ shareholders.

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Supplemental Guarantor Information

6 Months Ended

Nov. 30, 2012

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Supplemental Guarantor Information

Supplemental Guarantor Information

Cintas Corporation No. 2 (Corp. 2) is the indirectly, wholly-owned principal operating subsidiary of Cintas.  Corp. 2 is the issuer of the $1,300.0 million aggregate principal amount of long-term senior notes, which are unconditionally guaranteed, jointly and severally, by Cintas Corporation and its wholly-owned, direct and indirect domestic subsidiaries.

As allowed by SEC rules, the following condensed consolidating financial statements are provided as an alternative to filing separate financial statements of the guarantors.  Each of the subsidiaries presented in the following condensed consolidating financial statements has been fully consolidated in Cintas’ consolidated financial statements.  The following condensed consolidating financial statements should be read in conjunction with the consolidated financial statements of Cintas and notes thereto of which this note is an integral part.

Condensed consolidating financial statements for Cintas, Corp. 2, the subsidiary guarantors and non-guarantors are presented on the following pages: 

Condensed Consolidating Income Statement

Three Months Ended November 30, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	575,274		$	152,771		$	55,370		$	(27,576	)	$	755,839
Other services	—		387,265			10,630			28,964			(122,312		)	304,547
Equity in net income of affiliates	78,027		—			—			—			(78,027		)	—
	78,027		962,539			163,401			84,334			(227,915		)	1,060,386
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		367,645			95,014			38,923			(62,680		)	438,902
Cost of other services	—		256,524			(6,949		)	18,564			(78,691		)	189,448
Selling and administrative expenses	—		280,259			(7,023		)	23,705			(3,928		)	293,013
Operating income	78,027		58,111			82,359			3,142			(82,616		)	139,023
Interest income	—		(13		)	(126		)	(10		)	—			(149		)
Interest expense (income)	—		16,277			18			(1		)	—			16,294
Income before income taxes	78,027		41,847			82,467			3,153			(82,616		)	122,878
Income taxes	—		14,876			29,241			746			(12		)	44,851
Net income	$	78,027	$	26,971		$	53,226		$	2,407		$	(82,604	)	$	78,027

Condensed Consolidating Income Statement

Three Months Ended November 30, 2011

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	558,143		$	141,673		$	51,276		$	(28,303	)	$	722,789
Other services	—		367,926			14,511			28,838			(114,938		)	296,337
Equity in net income of affiliates	74,350		—			—			—			(74,350		)	—
	74,350		926,069			156,184			80,114			(217,591		)	1,019,126
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		356,105			83,939			35,270			(65,067		)	410,247
Cost of other services	—		236,673			3,794			18,305			(79,690		)	179,082
Selling and administrative expenses	—		266,206			7,402			26,181			(2,677		)	297,112
Operating income	74,350		67,085			61,049			358			(70,157		)	132,685
Interest income	—		(77		)	(111		)	(215		)	—			(403		)
Interest expense (income)	—		17,813			(433		)	348			—			17,728
Income before income taxes	74,350		49,349			61,593			225			(70,157		)	115,360
Income taxes	—		18,231			22,753			36			(10		)	41,010
Net income	$	74,350	$	31,118		$	38,840		$	189		$	(70,147	)	$	74,350

Condensed Consolidating Income Statement

Six Months Ended November 30, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	1,151,559		$	305,588		$	109,154		$	(55,619	)	$	1,510,682
Other services	—		756,671			21,509			58,342			(235,493		)	601,029
Equity in net income of affiliates	154,760		—			—			—			(154,760		)	—
	154,760		1,908,230			327,097			167,496			(445,872		)	2,111,711
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		731,842			184,356			75,543			(124,691		)	867,050
Cost of other services	—		492,855			(9,366		)	36,272			(153,011		)	366,750
Selling and administrative expenses	—		570,903			(11,162		)	48,006			(8,153		)	599,594
Operating income	154,760		112,630			163,269			7,675			(160,017		)	278,317
Interest income	—		(31		)	(161		)	(34		)	—			(226		)
Interest expense	—		32,843			49			—			—			32,892
Income before income taxes	154,760		79,818			163,381			7,709			(160,017		)	245,651
Income taxes	—		29,255			59,883			1,770			(17		)	90,891
Net income	$	154,760	$	50,563		$	103,498		$	5,939		$	(160,000	)	$	154,760

Condensed Consolidating Income Statement

Six Months Ended November 30, 2011

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	1,111,891		$	283,588		$	103,859		$	(57,126	)	$	1,442,212
Other services	—		725,658			31,672			58,640			(221,876		)	594,094
Equity in net income of affiliates	142,988		—			—			—			(142,988		)	—
	142,988		1,837,549			315,260			162,499			(421,990		)	2,036,306
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		702,881			168,291			71,179			(128,698		)	813,653
Cost of other services	—		457,505			1,734			36,130			(141,553		)	353,816
Selling and administrative expenses	—		541,823			23,397			48,465			(6,107		)	607,578
Operating income	142,988		135,340			121,838			6,725			(145,632		)	261,259
Interest income	—		(157		)	(238		)	(373		)	—			(768		)
Interest expense (income)	—		35,589			(881		)	354			—			35,062
Income before income taxes	142,988		99,908			122,957			6,744			(145,632		)	226,965
Income taxes	—		36,897			45,409			1,683			(12		)	83,977
Net income	$	142,988	$	63,011		$	77,548		$	5,061		$	(145,620	)	$	142,988

Condensed Consolidating Statement of Comprehensive Income

Three Months Ended November 30, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	78,027	$	26,971		$	53,226		$	2,407		$	(82,604	)	$	78,027
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		(1		)	—			1,676			—			1,675
Change in fair value of derivatives	—		—			—			—			—			—
Amortization of interest rate lock           agreements	—		488			—			—			—			488
Change in fair value of available-for-           sale securities	—		—			(7		)	(3		)	—			(10		)
Other comprehensive income	—		487			(7		)	1,673			—			2,153
Comprehensive income	$	78,027	$	27,458		$	53,219		$	4,080		$	(82,604	)	$	80,180

Condensed Consolidating Statement of Comprehensive Income

Three Months Ended November 30, 2011

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors		Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	74,350	$	31,118		$	38,840	$	189		$	(70,147	)	$	74,350
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		(34		)	—		(20,730		)	—			(20,764		)
Change in fair value of derivatives	—		124			—		(97		)	—			27
Amortization of interest rate lock           agreements	—		377			—		—			—			377
Change in fair value of available-for-           sale securities	—		—			—		7			—			7
Other comprehensive income	—		467			—		(20,820		)	—			(20,353		)
Comprehensive income	$	74,350	$	31,585		$	38,840	$	(20,631	)	$	(70,147	)	$	53,997

Condensed Consolidating Statement of Comprehensive Income

Six Months Ended November 30, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	154,760	$	50,563		$	103,498		$	5,939		$	(160,000	)	$	154,760
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		7			—			8,685			—			8,692
Change in fair value of derivatives	—		(151		)	—			—			—			(151		)
Amortization of interest rate lock           agreements	—		976			—			—			—			976
Change in fair value of available-for-           sale securities	—		—			(7		)	(5		)	—			(12		)
Other comprehensive income	—		832			(7		)	8,680			—			9,505
Comprehensive income	$	154,760	$	51,395		$	103,491		$	14,619		$	(160,000	)	$	164,265

Condensed Consolidating Statement of Comprehensive Income

Six Months Ended November 30, 2011

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors		Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	142,988	$	63,011		$	77,548	$	5,061		$	(145,620	)	$	142,988
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		(35		)	—		(20,511		)	—			(20,546		)
Change in fair value of derivatives	—		207			—		(26		)	—			181
Amortization of interest rate lock           agreements	—		754			—		—			—			754
Change in fair value of available-for-           sale securities	—		—			—		25			—			25
Other comprehensive income	—		926			—		(20,512		)	—			(19,586		)
Comprehensive income	$	142,988	$	63,937		$	77,548	$	(15,451	)	$	(145,620	)	$	123,402

Condensed Consolidating Balance Sheet

As of November 30, 2012

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors		Eliminations			Cintas Corporation Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	45,036		$	167,453		$	29,998	$	—		$	242,487
Marketable securities	—			—			9,781			24,081		—			33,862
Accounts receivable, net	—			350,351			88,484			40,271		—			479,106
Inventories, net	—			200,445			22,519			10,545		2,686			236,195
Uniforms and other rental items in service	—			353,213			110,312			37,406		(18,930		)	482,001
Income taxes, current	—			(5,510		)	12,009			14,477		—			20,976
Prepaid expenses and other	—			7,766			13,940			3,329		—			25,035
Total current assets	—			951,301			424,498			160,107		(16,244		)	1,519,662
Property and equipment, at cost, net	—			612,243			263,130			91,887		—			967,260
Goodwill	—			—			1,452,020			70,391		—			1,522,411
Service contracts, net	—			85,481			229			4,770		—			90,480
Other assets, net	1,569,229			1,627,395			2,633,892			760,007		(6,472,454		)	118,069
	$	1,569,229		$	3,276,420		$	4,773,769		$	1,087,162	$	(6,488,698	)	$	4,217,882
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	(465,247	)	$	(549,502	)	$	1,075,016		$	20,248	$	38,019		$	118,534
Accrued compensation and related liabilities	—			37,444			12,359			4,677		—			54,480
Accrued liabilities	—			64,319			249,467			11,291		—			325,077
Deferred tax (asset) liability	—			(557		)	53,401			3,583		—			56,427
Long-term debt due within one year	—			910			(249		)	—		—			661
Total current liabilities	(465,247		)	(447,386		)	1,389,994			39,799		38,019			555,179
Long-term liabilities:
Long-term debt due after one year	—			1,318,234			(10,253		)	848		—			1,308,829
Deferred income taxes	—			(7		)	200,880			5,909		—			206,782
Accrued liabilities	—			—			65,541			907		—			66,448
Total long-term liabilities	—			1,318,227			256,168			7,664		—			1,582,059
Total shareholders’ equity	2,034,476			2,405,579			3,127,607			1,039,699		(6,526,717		)	2,080,644
	$	1,569,229		$	3,276,420		$	4,773,769		$	1,087,162	$	(6,488,698	)	$	4,217,882

Condensed Consolidating Balance Sheet

As of May 31, 2012

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors		Eliminations			Cintas Corporation Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	58,737		$	229,287		$	51,801	$	—		$	339,825
Accounts receivable, net	—			327,442			81,243			42,176		—			450,861
Inventories, net	—			210,283			20,258			10,781		9,883			251,205
Uniforms and other rental items in service	—			337,298			101,435			35,051		(20,999		)	452,785
Income taxes, current	—			5,296			3,642			13,250		—			22,188
Prepaid expenses and other	—			7,905			12,770			4,029		—			24,704
Total current assets	—			946,961			448,635			157,088		(11,116		)	1,541,568
Property and equipment, at cost, net	—			600,565			259,744			83,996		—			944,305
Goodwill	—			—			1,419,535			65,840		—			1,485,375
Service contracts, net	—			71,337			326			5,159		—			76,822
Other assets, net	1,637,225			1,628,516			2,467,198			759,439		(6,379,542		)	112,836
	$	1,637,225		$	3,247,379		$	4,595,438		$	1,071,522	$	(6,390,658	)	$	4,160,906
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	(465,247	)	$	(475,624	)	$	978,932		$	18,760	$	38,019		$	94,840
Accrued compensation and related liabilities	—			63,797			21,619			5,798		—			91,214
Accrued liabilities	—			67,651			176,220			13,557		(786		)	256,642
Deferred tax (asset) liability	—			(538		)	(87		)	3,184		—			2,559
Long-term debt due within one year	—			225,866			(230		)	—		—			225,636
Total current liabilities	(465,247		)	(118,848		)	1,176,454			41,299		37,233			670,891
Long-term liabilities:
Long-term debt due after one year	—			1,068,820			(11,288		)	848		786			1,059,166
Deferred income taxes	—			(6		)	199,404			5,183		—			204,581
Accrued liabilities	—			—			86,406			727		—			87,133
Total long-term liabilities	—			1,068,814			274,522			6,758		786			1,350,880
Total shareholders’ equity	2,102,472			2,297,413			3,144,462			1,023,465		(6,428,677		)	2,139,135
	$	1,637,225		$	3,247,379		$	4,595,438		$	1,071,522	$	(6,390,658	)	$	4,160,906

Condensed Consolidating Statement of Cash Flows

Six Months Ended November 30, 2012

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Cash flows from operating activities:
Net income	$	154,760		$	50,563		$	103,498		$	5,939		$	(160,000	)	$	154,760
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation	—			48,061			26,608			6,652			—			81,321
Amortization of intangible assets	—			10,318			117			1,538			—			11,973
Stock-based compensation	11,084			—			—			—			—			11,084
Deferred income taxes	—			(1		)	54,959			287			—			55,245
Changes in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	—			(20,450		)	(7,242		)	3,164			—			(24,528		)
Inventories, net	—			9,838			(2,262		)	687			7,197			15,460
Uniforms and other rental items in service	—			(15,915		)	(8,877		)	(1,244		)	(2,069		)	(28,105		)
Prepaid expenses and other	—			152			(1,170		)	816			—			(202		)
Accounts payable	—			(41,309		)	63,503			825			—			23,019
Accrued compensation and related liabilities	—			(26,353		)	(9,260		)	(1,286		)	—			(36,899		)
Accrued liabilities	—			(7,450		)	(27,362		)	(2,438		)	786			(36,464		)
Income taxes payable	—			10,815			(8,365		)	(1,851		)	—			599
Net cash provided by (used in) operating activities	165,844			18,269			184,147			13,089			(154,086		)	227,263
Cash flows from investing activities:
Capital expenditures	—			(57,660		)	(29,923		)	(11,479		)	—			(99,062		)
Proceeds from redemption of marketable securities	—			—			1,065			40,388			—			41,453
Purchase of marketable securities and investments	—			557			(17,931		)	(64,295		)	1,615			(80,054		)
Acquisitions of businesses, net of cash acquired	—			(51,984		)	—			(1,259		)	—			(53,243		)
Other	(11,749		)	57,625			(201,693		)	1,887			153,257			(673		)
Net cash (used in) provided by investing activities	(11,749		)	(51,462		)	(248,482		)	(34,758		)	154,872			(191,579		)
Cash flows from financing activities:
Proceeds from issuance of debt	—			250,000			—			—			—			250,000
Repayment of debt	—			(225,542		)	1,016			—			(786		)	(225,312		)
Exercise of stock-based compensation awards	2,357			—			—			—			—			2,357
Repurchase of common stock	(159,175		)	—			—			—			—			(159,175		)
Other	2,723			(4,965		)	—			(234		)	—			(2,476		)
Net cash (used in) provided by financing activities	(154,095		)	19,493			1,016			(234		)	(786		)	(134,606		)
Effect of exchange rate changes on cash and cash equivalents	—			(1		)	1,485			100			—			1,584
Net decrease in cash and cash equivalents	—			(13,701		)	(61,834		)	(21,803		)	—			(97,338		)
Cash and cash equivalents at beginning of period	—			58,737			229,287			51,801			—			339,825
Cash and cash equivalents at end of period	$	—		$	45,036		$	167,453		$	29,998		$	—		$	242,487

Condensed Consolidating Statement of Cash Flows

Six Months Ended November 30, 2011

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Cash flows from operating activities:
Net income	$	142,988		$	63,011		$	77,548		$	5,061		$	(145,620	)	$	142,988
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation	—			47,021			23,527			6,374			—			76,922
Amortization of intangible assets	—			17,305			205			2,594			—			20,104
Stock-based compensation	9,756			—			—			—			—			9,756
Deferred income taxes	—			—			(12,396		)	629			—			(11,767		)
Changes in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	—			(14,793		)	(4,301		)	(1,756		)	—			(20,850		)
Inventories, net	—			(42,583		)	3,246			790			(721		)	(39,268		)
Uniforms and other rental items in service	—			(22,332		)	(9,748		)	(903		)	3,353			(29,630		)
Prepaid expenses and other	—			(974		)	(4,476		)	322			—			(5,128		)
Accounts payable	—			(51,087		)	42,294			10,636			—			1,843
Accrued compensation and related liabilities	—			(10,318		)	(4,813		)	(183		)	—			(15,314		)
Accrued liabilities	—			4,485			25,936			(4,919		)	804			26,306
Income taxes payable	—			8,586			10,178			1,232			—			19,996
Net cash provided by (used in) operating activities	152,744			(1,679		)	147,200			19,877			(142,184		)	175,958
Cash flows from investing activities:
Capital expenditures	—			(50,166		)	(23,731		)	(5,935		)	—			(79,832		)
Proceeds from redemption of marketable securities	—			—			—			140,162			—			140,162
Purchase of marketable securities and investments	—			(1,282		)	(33,394		)	(189,255		)	30,404			(193,527		)
Acquisitions of businesses, net of cash acquired	—			(9,831		)	(65		)	(4,655		)	—			(14,551		)
Other	109,311			52,721			(268,817		)	(27		)	112,584			5,772
Net cash provided by (used in) investing activities	109,311			(8,558		)	(326,007		)	(59,710		)	142,988			(141,976		)
Cash flows from financing activities:
Repayment of debt	—			(522		)	423			—			(804		)	(903		)
Exercise of stock-based compensation awards	78			—			—			—			—			78
Repurchase of common stock	(262,682		)	—			—			—			—			(262,682		)
Other	549			754			—			151			—			1,454
Net cash (used in) provided by financing activities	(262,055		)	232			423			151			(804		)	(262,053		)
Effect of exchange rate changes on cash and cash equivalents	—			(182		)	—			(2,081		)	—			(2,263		)
Net decrease in cash and cash equivalents	—			(10,187		)	(178,384		)	(41,763		)	—			(230,334		)
Cash and cash equivalents at beginning of period	—			54,957			313,283			69,866			—			438,106
Cash and cash equivalents at end of period	$	—		$	44,770		$	134,899		$	28,103		$	—		$	207,772

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Litigation and Other Contingencies (Details) (Serrano lawsuit [Member])	1 Months Ended
	Sep. 30, 2010 Individual
Serrano lawsuit [Member]
Loss Contingencies [Line Items]
Loss Contingency, Number of Plaintiffs	13

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Segment Information (Tables)

6 Months Ended

Nov. 30, 2012

Segment Reporting [Abstract]

Information related to operating segments

Information related to the operations of Cintas’ operating segments is set forth below: 

(In thousands)	Rental Uniforms & Ancillary Products		Uniform Direct Sales		First Aid, Safety & Fire Protection		Document Management		Corporate			Total
For the three months ended November 30, 2012
Revenue	$	755,839	$	110,203	$	111,513	$	82,831	$	—		$	1,060,386
Income (loss) before income taxes	$	116,051	$	10,404	$	9,654	$	2,914	$	(16,145	)	$	122,878
For the three months ended November 30, 2011
Revenue	$	722,789	$	111,946	$	101,687	$	82,704	$	—		$	1,019,126
Income (loss) before income taxes	$	104,477	$	13,242	$	8,962	$	6,004	$	(17,325	)	$	115,360
As of and for the six months ended November 30, 2012
Revenue	$	1,510,682	$	210,482	$	222,354	$	168,193	$	—		$	2,111,711
Income (loss) before income taxes	$	232,958	$	19,145	$	18,675	$	7,539	$	(32,666	)	$	245,651
Total assets	$	2,813,707	$	143,880	$	393,429	$	590,517	$	276,349		$	4,217,882
As of and for the six months ended November 30, 2011
Revenue	$	1,442,212	$	213,648	$	205,430	$	175,016	$	—		$	2,036,306
Income (loss) before income taxes	$	203,895	$	21,649	$	17,345	$	18,370	$	(34,294	)	$	226,965
Total assets	$	2,803,231	$	157,339	$	364,461	$	552,676	$	337,605		$	4,215,312

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Earnings per Share (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Nov. 30, 2012	Nov. 30, 2011	Nov. 30, 2012	Nov. 30, 2011
Basic Earnings per Share
Net income	$ 78,027	$ 74,350	$ 154,760	$ 142,988
Less dividends to:
Dividends	79,744	70,820	79,744	70,820
Undistributed net (loss) income	(1,717)	3,530	75,016	72,168
Less: net (loss) income allocated to participating unvested securities	(8)	21	409	448
Net (loss) income available to common shareholders	(1,709)	3,509	74,607	71,720
Basic weighted average common shares outstanding (in shares)	124,185	129,727	125,153	130,522
Basic earnings per common share:
Total common shares (in dollars per share)	$ 0.63	$ 0.57	$ 1.24	$ 1.09
Diluted Earnings per Share
Net income	78,027	74,350	154,760	142,988
Less dividends to:
Dividends	79,744	70,820	79,744	70,820
Undistributed Earnings, Diluted	(1,717)	3,530	75,016	72,168
Less: net (loss) income allocated to participating unvested securities	(8)	21	409	448
Net (loss) income available to common shareholders	(1,709)	3,509	74,607	71,720
Basic weighted average common shares outstanding (in shares)	124,185	129,727	125,153	130,522
Effect of dilutive securities - employee stock options (in shares)	424	13	388	21
Diluted weighted average common shares outstanding (in shares)	124,609	129,740	125,541	130,543
Earnings Per Share, Diluted, Other Disclosures [Abstract]
Diluted earnings per share (in dollars per share)	$ 0.63	$ 0.57	$ 1.23	$ 1.09
Common Stock [Member]
Less dividends to:
Dividends	78,866	70,055	78,866	70,055
Basic earnings per common share:
Basic earnings per share - distributed earnings (in dollars per share)	$ 0.64	$ 0.54	$ 0.64	$ 0.54
Earnings per share, basic - undistributed earnings (in dollars per share)	$ (0.01)	$ 0.03	$ 0.60	$ 0.55
Total common shares (in dollars per share)	$ 0.63	$ 0.57	$ 1.24	$ 1.09
Less dividends to:
Dividends	78,866	70,055	78,866	70,055
Earnings Per Share, Diluted, Other Disclosures [Abstract]
Earnings per share, diluted, distributed (in dollars per share)	$ 0.64	$ 0.54	$ 0.64	$ 0.54
Earnings per share, diluted, undistributed (in dollars per share)	$ (0.01)	$ 0.03	$ 0.59	$ 0.55
Nonvested Stock [Member]
Less dividends to:
Dividends	878	765	878	765
Basic earnings per common share:
Basic earnings per share - distributed earnings (in dollars per share)	$ 0.64	$ 0.54	$ 0.64	$ 0.54
Earnings per share, basic - undistributed earnings (in dollars per share)	$ (0.01)	$ 0.03	$ 0.60	$ 0.55
Total common shares (in dollars per share)	$ 0.63	$ 0.57	$ 1.24	$ 1.09
Less dividends to:
Dividends	$ 878	$ 765	$ 878	$ 765
Earnings Per Share, Diluted, Other Disclosures [Abstract]
Earnings per share, diluted, distributed (in dollars per share)	$ 0.64	$ 0.54	$ 0.64	$ 0.54
Earnings per share, diluted, undistributed (in dollars per share)	$ (0.01)	$ 0.03	$ 0.59	$ 0.55
Diluted earnings per share (in dollars per share)	$ 0.63	$ 0.57	$ 1.23	$ 1.09

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Consolidated Condensed Balance Sheets (Unaudited) (USD $) In Thousands, unless otherwise specified	Nov. 30, 2012	May 31, 2012
Current assets:
Cash and cash equivalents	$ 242,487	$ 339,825
Marketable securities	33,862	0
Accounts receivable, net	479,106	450,861
Inventories, net	236,195	251,205
Uniforms and other rental items in service	482,001	452,785
Income taxes, current	20,976	22,188
Prepaid expenses and other	25,035	24,704
Total current assets	1,519,662	1,541,568
Property and equipment, at cost, net	967,260	944,305
Goodwill	1,522,411	1,485,375
Service contracts, net	90,480	76,822
Other assets, net	118,069	112,836
Total assets	4,217,882	4,160,906
Current liabilities:
Accounts payable	118,534	94,840
Accrued compensation and related liabilities	54,480	91,214
Accrued liabilities	325,077	256,642
Deferred tax liability	56,427	2,559
Long-term debt due within one year	661	225,636
Total current liabilities	555,179	670,891
Long-term liabilities:
Long-term debt due after one year	1,308,829	1,059,166
Deferred income taxes	206,782	204,581
Accrued liabilities	66,448	87,133
Total long-term liabilities	1,582,059	1,350,880
Shareholders’ equity:
Preferred stock, no par value: 100,000 shares authorized, none outstanding	0	0
Common stock, no par value: 425,000,000 shares authorized, FY 2013: 174,419,454 issued and 123,228,777 outstanding FY 2012: 173,745,913 issued and 126,519,758 outstanding	173,127	148,255
Paid-in capital	98,311	107,019
Retained earnings	3,557,088	3,482,073
Treasury stock: FY 2013: 51,190,677 shares FY 2012: 47,226,155 shares	(1,794,050)	(1,634,875)
Other accumulated comprehensive income	46,168	36,663
Total shareholders’ equity	2,080,644	2,139,135
Total liabilities and shareholders' equity	$ 4,217,882	$ 4,160,906

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Earnings per Share

6 Months Ended

Nov. 30, 2012

Earnings Per Share [Abstract]

Earnings per Share

Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share using the two-class method for amounts attributable to Cintas’ common shares: 

	Three Months Ended					Six Months Ended
(In thousands except per share data)	November 30, 2012			November 30, 2011		November 30, 2012		November 30, 2011
Basic Earnings per Share
Net income	$	78,027		$	74,350	$	154,760	$	142,988
Less dividends to:
Common shares	$	78,866		$	70,055	$	78,866	$	70,055
Unvested shares	878			765		878		765
Total dividends	$	79,744		$	70,820	$	79,744	$	70,820
Undistributed net (loss) income	$	(1,717	)	$	3,530	$	75,016	$	72,168
Less: net (loss) income allocated to participating unvested securities	(8		)	21		409		448
Net (loss) income available to common shareholders	$	(1,709	)	$	3,509	$	74,607	$	71,720
Basic weighted average common shares outstanding	124,185			129,727		125,153		130,522
Basic earnings per common share:
Common shares - distributed earnings	$	0.64		$	0.54	$	0.64	$	0.54
Common shares - undistributed earnings	(0.01		)	0.03		0.60		0.55
Total common shares	$	0.63		$	0.57	$	1.24	$	1.09
Unvested shares - distributed earnings	$	0.64		$	0.54	$	0.64	$	0.54
Unvested shares - undistributed earnings	(0.01		)	0.03		0.60		0.55
Total unvested shares	$	0.63		$	0.57	$	1.24	$	1.09

	Three Months Ended					Six Months Ended
(In thousands except per share data)	November 30, 2012			November 30, 2011		November 30, 2012		November 30, 2011
Diluted Earnings per Share
Net income	$	78,027		$	74,350	$	154,760	$	142,988
Less dividends to:
Common shares	$	78,866		$	70,055	$	78,866	$	70,055
Unvested shares	878			765		878		765
Total dividends	$	79,744		$	70,820	$	79,744	$	70,820
Undistributed net (loss) income	$	(1,717	)	$	3,530	$	75,016	$	72,168
Less: net (loss) income allocated to participating unvested securities	(8		)	21		409		448
Net (loss) income available to common shareholders	$	(1,709	)	$	3,509	$	74,607	$	71,720
Basic weighted average common shares outstanding	124,185			129,727		125,153		130,522
Effect of dilutive securities – employee stock options	424			13		388		21
Diluted weighted average common shares outstanding	124,609			129,740		125,541		130,543
Diluted earnings per share:
Common shares - distributed earnings	$	0.64		$	0.54	$	0.64	$	0.54
Common shares - undistributed earnings	(0.01		)	0.03		0.59		0.55
Total common shares	$	0.63		$	0.57	$	1.23	$	1.09
Unvested shares - distributed earnings	$	0.64		$	0.54	$	0.64	$	0.54
Unvested shares - undistributed earnings	(0.01		)	0.03		0.59		0.55
Total unvested shares	$	0.63		$	0.57	$	1.23	$	1.09

For the three months ended November 30, 2012 and 2011, 0.4 million and 3.3 million options granted to purchase shares of Cintas common stock were excluded from the computation of diluted earnings per share, respectively. For the six months ended November 30, 2012 and 2011, 0.7 million and 2.6 million options granted to purchase shares of Cintas common stock were excluded from the computation of diluted earnings per share, respectively. The exercise prices of these options were greater than the average market price of the common stock (anti-dilutive).

On October 18, 2011, we announced that the Board of Directors authorized a $500.0 million share buyback program at market prices.  During the first six months of fiscal 2013, we purchased 3.8 million shares of Cintas common stock for a total purchase price of $151.7 million. From the inception of the October 18, 2011 share buyback program through January 9, 2013, Cintas has purchased a total of 7.1 million shares of Cintas common stock at an average price of $39.72 for a total purchase price of $281.3 million. In addition, for the six months endedNovember 30, 2012, Cintas acquired 0.2 million shares of Cintas common stock for employee payroll taxes due on restricted stock awards that vested during the six months endedNovember 30, 2012. These shares were acquired at an average price of $37.88 per share for a total purchase price of $7.5 million.

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Earnings per Share (Details 2) (USD $)	3 Months Ended		6 Months Ended		15 Months Ended
	Nov. 30, 2012	Nov. 30, 2011	Nov. 30, 2012	Nov. 30, 2011	Jan. 09, 2013	Oct. 18, 2011
Earnings Per Share, Basic and Diluted [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	400,000	3,300,000	700,000	2,600,000
Stock Repurchase, Program New Authorized Amount						$ 500,000,000
Stock Repurchased During Period, Shares (in shares)			3,800,000		7,100,000
Stock Repurchased During Period, Value			151,700,000		281,300,000
Stock Repurchased During Period, Average Price (in dollars per share)					$ 39.72
Employee Payroll Taxes Due on Restricted Stock [Member]
Earnings Per Share, Basic and Diluted [Line Items]
Stock Repurchased During Period, Shares (in shares)			200,000
Stock Repurchased During Period, Value			$ 7,500,000
Stock Repurchased During Period, Average Price (in dollars per share)			$ 37.88

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Supplemental Guarantor Information (Details 1) (USD $) In Thousands, unless otherwise specified	3 Months Ended				6 Months Ended
	Nov. 30, 2012		Nov. 30, 2011		Nov. 30, 2012		Nov. 30, 2011
Condensed Consolidating Financial Statements
Net income	$ 78,027		$ 74,350		$ 154,760		$ 142,988
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	1,675		(20,764)		8,692		(20,546)
Change in fair value of derivatives(1)	0	[1]	27	[1]	(151)	[1]	181	[1]
Amortization of interest rate lock agreements	488		377		976		754
Change in fair value of available-for-sale securities(2)	(10)	[2]	7	[2]	(12)	[2]	25	[2]
Other comprehensive income	2,153		(20,353)		9,505		(19,586)
Comprehensive income	80,180		53,997		164,265		123,402
Cintas Corporation [Member]
Condensed Consolidating Financial Statements
Net income	78,027		74,350		154,760		142,988
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	0		0		0		0
Change in fair value of derivatives(1)	0		0		0		0
Amortization of interest rate lock agreements	0		0		0		0
Change in fair value of available-for-sale securities(2)	0		0		0		0
Other comprehensive income	0		0		0		0
Comprehensive income	78,027		74,350		154,760		142,988
Corp. 2 [Member]
Condensed Consolidating Financial Statements
Net income	26,971		31,118		50,563		63,011
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(1)		(34)		7		(35)
Change in fair value of derivatives(1)	0		124		(151)		207
Amortization of interest rate lock agreements	488		377		976		754
Change in fair value of available-for-sale securities(2)	0		0		0		0
Other comprehensive income	487		467		832		926
Comprehensive income	27,458		31,585		51,395		63,937
Subsidiary Guarantors [Member]
Condensed Consolidating Financial Statements
Net income	53,226		38,840		103,498		77,548
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	0		0		0		0
Change in fair value of derivatives(1)	0		0		0		0
Amortization of interest rate lock agreements	0		0		0		0
Change in fair value of available-for-sale securities(2)	(7)		0		(7)		0
Other comprehensive income	(7)		0		(7)		0
Comprehensive income	53,219		38,840		103,491		77,548
Non-Guarantors [Member]
Condensed Consolidating Financial Statements
Net income	2,407		189		5,939		5,061
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	1,676		(20,730)		8,685		(20,511)
Change in fair value of derivatives(1)	0		(97)		0		(26)
Amortization of interest rate lock agreements	0		0		0		0
Change in fair value of available-for-sale securities(2)	(3)		7		(5)		25
Other comprehensive income	1,673		(20,820)		8,680		(20,512)
Comprehensive income	4,080		(20,631)		14,619		(15,451)
Eliminations [Member]
Condensed Consolidating Financial Statements
Net income	(82,604)		(70,147)		(160,000)		(145,620)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	0		0		0		0
Change in fair value of derivatives(1)	0		0		0		0
Amortization of interest rate lock agreements	0		0		0		0
Change in fair value of available-for-sale securities(2)	0		0		0		0
Other comprehensive income	0		0		0		0
Comprehensive income	$ (82,604)		$ (70,147)		$ (160,000)		$ (145,620)

[1] Net of less than $0.1 million of tax benefit for the three months ended November 30, 2011. Net of less than $0.1 million of tax expense and $0.1 million of tax benefit for the six months ended November 30, 2012 and 2011, respectively.

[2] Net of less than $0.1 million of tax benefit for the three months ended November 30, 2012 and 2011, respectively. Net of less than $0.1 million of tax benefit for both the six months ended November 30, 2012 and 2011, respectively.

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Goodwill, Service Contracts and Other Assets (Tables)

6 Months Ended

Nov. 30, 2012

Goodwill, Service Contracts and Other Assets [Abstract]

Changes in the carrying amount of goodwill by operating segment

Changes in the carrying amount of goodwill and service contracts for the six months endedNovember 30, 2012, by operating segment, are as follows:

Goodwill (in thousands)	Rental Uniforms & Ancillary Products		Uniform Direct Sales		First Aid, Safety & Fire Protection		Document Management		Total
Balance as of June 1, 2012	$	944,449	$	23,968	$	192,465	$	324,493	$	1,485,375
Goodwill acquired	—		—		24,110		10,610		34,720
Foreign currency translation	608		28		—		1,680		2,316
Balance as of November 30, 2012	$	945,057	$	23,996	$	216,575	$	336,783	$	1,522,411

Changes in the carrying amount of service contracts by operating segment

Service Contracts (in thousands)	Rental Uniforms & Ancillary Products			Uniform Direct Sales		First Aid, Safety & Fire Protection			Document Management			Total
Balance as of June 1, 2012	$	29,156		$	—	$	29,334		$	18,332		$	76,822
Service contracts acquired	—			—		9,951			13,491			23,442
Service contracts amortization	(3,874		)	—		(3,821		)	(3,533		)	(11,228		)
Foreign currency translation	852			—		—			592			1,444
Balance as of November 30, 2012	$	26,134		$	—	$	35,464		$	28,882		$	90,480

Information regarding service contracts and other assets

Information regarding Cintas’ service contracts and other assets is as follows:

	As of November 30, 2012
(In thousands)	Carrying Amount		Accumulated Amortization		Net
Service contracts	$	409,522	$	319,042	$	90,480
Noncompete and consulting agreements	$	77,469	$	72,068	$	5,401
Investments (1)	95,109		—		95,109
Other	21,538		3,979		17,559
Total	$	194,116	$	76,047	$	118,069

	As of May 31, 2012
(In thousands)	Carrying Amount		Accumulated Amortization		Net
Service contracts	$	384,622	$	307,800	$	76,822
Noncompete and consulting agreements	$	76,036	$	69,954	$	6,082
Investments (1)	90,198		—		90,198
Other	19,828		3,272		16,556
Total	$	186,062	$	73,226	$	112,836

⁽¹⁾      Investments at November 30, 2012, include the cash surrender value of insurance policies of $67.0 million, equity method investments of $27.2 million and cost method investments of $0.9 million.  During the second quarter of fiscal 2013, Cintas sold stock of an equity method investment for a gain of $8.5 million. Investments at May 31, 2012, include the cash surrender value of insurance policies of $57.4 million, equity method investments of $31.9 million and cost method investments of $0.9 million.