XML 33 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
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