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 August 31, 2013

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 September 30, 2013
Common Stock, no par value	119,889,137

CINTAS CORPORATION

TABLE OF CONTENTS

Part I.	Financial Information		Page No.
	Item 1.	Financial Statements.
		Consolidated Condensed Statements of Income – Three Months Ended August 31, 2013 and August 31, 2012	3
		Consolidated Condensed Statements of Comprehensive Income – Three Months Ended August 31, 2013 and August 31, 2012	4
		Consolidated Condensed Balance Sheets - August 31, 2013 and May 31, 2013	5
		Consolidated Condensed Statements of Cash Flows – Three Months Ended August 31, 2013 and August 31, 2012	6
		Notes to Consolidated Condensed Financial Statements	7
	Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations.	25
	Item 3.	Quantitative and Qualitative Disclosures About Market Risk.	32
	Item 4.	Controls and Procedures.	32
Part II.	Other Information
	Item 1.	Legal Proceedings.	33
	Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds.	33
	Item 6.	Exhibits.	34
Signatures			35
Exhibits

2

CINTAS CORPORATION

ITEM 1. FINANCIAL STATEMENTS.

CONSOLIDATED CONDENSED STATEMENTS OF INCOME

(Unaudited)

(In thousands except per share data)

	Three Months Ended
	August 31, 2013			August 31, 2012
Revenue:
Rental uniforms and ancillary products	$	792,866		$	754,843
Other services	327,477			296,482
	1,120,343			1,051,325
Costs and expenses:
Cost of rental uniforms and ancillary products	454,731			428,148
Cost of other services	199,632			177,302
Selling and administrative expenses	325,910			306,581
Operating income	140,070			139,294
Interest income	(68		)	(77		)
Interest expense	16,523			16,598
Income before income taxes	123,615			122,773
Income taxes	45,861			46,040
Net income	$	77,754		$	76,733
Basic earnings per share	$	0.63		$	0.61
Diluted earnings per share	$	0.63		$	0.60

See accompanying notes.

3

CINTAS CORPORATION

CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME

(Unaudited)

(In thousands)

	Three Months Ended
	August 31, 2013			August 31, 2012
Net income	$	77,754		$	76,733
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	(646		)	7,017
Change in fair value of derivatives(1)	—			(151		)
Amortization of interest rate lock agreements (2)	488			488
Change in fair value of available-for-sale securities(3)	(14		)	(2		)
Other comprehensive (loss) income	(172		)	7,352
Comprehensive income	$	77,582		$	84,085

⁽¹⁾      Net of less than $0.1 million of tax expense for the three months ended August 31, 2012.

⁽²⁾      Net of less than $0.1 million of tax benefit for the three months ended August 31, 2013 and 2012, respectively.

⁽³⁾      Net of less than $0.1 million of tax expense for the three months ended August 31, 2013 and 2012, respectively.

See accompanying notes.

4

CINTAS CORPORATION

CONSOLIDATED CONDENSED BALANCE SHEETS

(In thousands except share data)

	August 31, 2013			May 31, 2013
	(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents	$	278,670		$	352,273
Marketable securities	4,189			5,680
Accounts receivable, net	511,642			496,049
Inventories, net	245,470			240,440
Uniforms and other rental items in service	500,384			496,752
Income taxes, current	—			9,102
Prepaid expenses	31,934			24,530
Total current assets	1,572,289			1,624,826
Property and equipment, at cost, net	991,331			986,703
Goodwill	1,531,006			1,517,560
Service contracts, net	93,119			92,153
Other assets, net	123,432			124,390
	$	4,311,177		$	4,345,632
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	124,952		$	121,029
Accrued compensation and related liabilities	43,247			78,050
Accrued liabilities	235,237			271,821
Income taxes, current	23,367			—
Deferred tax liability	80,692			77,169
Long-term debt due within one year	8,200			8,187
Total current liabilities	515,695			556,256
Long-term liabilities:
Long-term debt due after one year	1,300,799			1,300,979
Deferred income taxes	214,221			210,483
Accrued liabilities	84,451			76,422
Total long-term liabilities	1,599,471			1,587,884
Shareholders’ equity:
Preferred stock, no par value:
100,000 shares authorized, none outstanding	—			—
Common stock, no par value:
425,000,000 shares authorized,
FY 2014:  175,492,504 issued and 120,778,629 outstanding
FY 2013:  174,786,010 issued and 122,281,507 outstanding	217,107			186,332
Paid-in capital	102,961			109,822
Retained earnings	3,795,525			3,717,771
Treasury stock:
FY 2014:  54,713,875 shares
FY 2013:  52,504,503 shares	(1,957,533		)	(1,850,556		)
Accumulated other comprehensive income	37,951			38,123
Total shareholders’ equity	2,196,011			2,201,492
	$	4,311,177		$	4,345,632

See accompanying notes.

5

CINTAS CORPORATION

CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS

(Unaudited)

(In thousands) 

	Three Months Ended
	August 31, 2013			August 31, 2012
Cash flows from operating activities:
Net income	$	77,754		$	76,733
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	42,571			40,342
Amortization of intangible assets	5,823			6,100
Stock-based compensation	6,984			5,448
Deferred income taxes	7,373			9,716
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	(14,903		)	(7,128		)
Inventories, net	(5,258		)	9,889
Uniforms and other rental items in service	(4,150		)	(8,672		)
Prepaid expenses	(7,216		)	(5,392		)
Accounts payable	2,915			16,278
Accrued compensation and related liabilities	(34,777		)	(50,793		)
Accrued liabilities	(27,215		)	(27,400		)
Income taxes payable	32,658			29,744
Net cash provided by operating activities	82,559			94,865
Cash flows from investing activities:
Capital expenditures	(37,462		)	(47,438		)
Proceeds from redemption of marketable securities	35,233			24,720
Purchase of marketable securities and investments	(32,941		)	(36,970		)
Acquisitions of businesses, net of cash acquired	(32,216		)	(2,130		)
Other, net	382			577
Net cash used in investing activities	(67,004		)	(61,241		)
Cash flows from financing activities:
Proceeds from issuance of debt	—			250,000
Repayment of debt	(167		)	(225,154		)
Proceeds from exercise of stock-based compensation awards	14,085			1,119
Repurchase of common stock	(106,977		)	(77,953		)
Other, net	4,126			(3,491		)
Net cash used in financing activities	(88,933		)	(55,479		)
Effect of exchange rate changes on cash and cash equivalents	(225		)	1,247
Net decrease in cash and cash equivalents	(73,603		)	(20,608		)
Cash and cash equivalents at beginning of period	352,273			339,825
Cash and cash equivalents at end of period	$	278,670		$	319,217

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, 2013.  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.

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.

As disclosed in our Annual Report on Form 10-K for the fiscal year ended May 31, 2013, inventories are valued at the lower of cost (first-in, first-out) or market.  Inventory is comprised of the following amounts: 

(In thousands)	August 31, 2013		May 31, 2013
Raw materials	$	17,389	$	19,800
Work in process	15,712		17,353
Finished goods	212,369		203,287
	$	245,470	$	240,440

2.New Accounting Pronouncements

In February 2013, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2013-02, "Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income." ASU 2013-02 requires an entity to present (either on the face of the statement where net income is presented or in the notes) the effects on the line items of net income of significant amounts reclassified out of accumulated other comprehensive income if the item reclassified is required under GAAP to be reclassified to net income in its entirety in the same reporting period. For reclassification items not required under GAAP to be reclassified directly to net income in their entirety in the same reporting period, an entity is required to cross-reference to other disclosures currently required under GAAP that provide additional detail about those amounts. ASU 2013-02 applies to all public and private companies that report items of other comprehensive income. ASU 2013-02 is effective for reporting periods beginning after December 15, 2012, with prospective adoption required. The Company adopted ASU 2013-02 effective June 1, 2013. See Note 9 entitled Accumulated Other Comprehensive Income (Loss) of "Notes to Consolidated Condensed Financial Statements" for details of required disclosure.

7

3.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 August 31, 2013
	Level 1		Level 2		Level 3		Fair Value
Cash and cash equivalents	$	278,670	$	—	$	—	$	278,670
Marketable securities:
Canadian treasury securities	—		4,189		—		4,189
Total assets at fair value	$	278,670	$	4,189	$	—	$	282,859
Current accrued liabilities	$	—	$	107	$	—	$	107
Total liabilities at fair value	$	—	$	107	$	—	$	107

(In thousands)	As of May 31, 2013
	Level 1		Level 2		Level 3		Fair Value
Cash and cash equivalents	$	352,273	$	—	$	—	$	352,273
Marketable securities:
U.S. municipal bonds	—		5,680		—		5,680
Accounts receivable, net	—		39		—		39
Total assets at fair value	$	352,273	$	5,719	$	—	$	357,992

8

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 in non-active markets, 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 (federal) 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 were $4.2 million and $5.7 million as of August 31, 2013 and May 31, 2013, respectively. All outstanding marketable securities at August 31, 2013 and May 31, 2013 had contractual maturities due within one year.

As of August 31, 2013, current accrued liabilities include foreign currency forward contracts. As of May 31, 2013, accounts receivable, net include foreign currency forward contracts. The fair value of Cintas' foreign currency forward contracts are based on similar exchange traded derivatives (market approach) and are, therefore, included within Level 2 of the fair value hierarchy.

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), if material. 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 and Company specific discount rates.

9

4.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
(In thousands except per share data)	August 31, 2013		August 31, 2012
Basic Earnings per Share
Net income	$	77,754	$	76,733
Less: net income allocated to participating unvested securities	460		365
Net income available to common shareholders	$	77,294	$	76,368
Basic weighted average common shares outstanding	122,130		126,110
Basic earnings per common share	$	0.63	$	0.61
Diluted Earnings per Share
Net income	$	77,754	$	76,733
Less: net income allocated to participating unvested securities	460		365
Net income available to common shareholders	$	77,294	$	76,368
Basic weighted average common shares outstanding	122,130		126,110
Effect of dilutive securities – employee stock options	762		348
Diluted weighted average common shares outstanding	122,892		126,458
Diluted earnings per share	$	0.63	$	0.60

For the three months ended August 31, 2013 and 2012, 0.6 million and 0.8 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. On July 30, 2013, we announced that the Board of Directors authorized a new $500.0 million share buyback program, which does not have an expiration date. In the three months ended August 31, 2013, we purchased 2.1 million shares of Cintas common stock for a total purchase price of $100.8 million. In the period subsequent to August 31, 2013 through October 10, 2013, we purchased 0.9 million shares of Cintas common stock for $46.3 million. From the inception of the October 18, 2011 share buyback program through October 10, 2013, Cintas has purchased a total of 11.4 million shares of Cintas common stock at an average price of $42.44 for a total purchase price of $484.6 million. In addition, for the three months endedAugust 31, 2013, Cintas acquired 0.1 million shares of Cintas common stock for employee payroll taxes due on restricted stock awards that vested during the three months endedAugust 31, 2013. These shares were acquired at an average price of $47.67 per share for a total purchase price of $6.2 million.

10

5.Goodwill, Service Contracts and Other Assets

Changes in the carrying amount of goodwill and service contracts for the three months endedAugust 31, 2013, 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, 2013	$	944,325		$	23,942		$	216,989	$	332,304	$	1,517,560
Goodwill acquired	—			—			4,866		8,203		13,069
Foreign currency translation	(271		)	(7		)	—		655		377
Balance as of August 31, 2013	$	944,054		$	23,935		$	221,855	$	341,162	$	1,531,006

Service Contracts (in thousands)	Rental Uniforms & Ancillary Products			Uniform Direct Sales		First Aid, Safety & Fire Protection			Document Management			Total
Balance as of June 1, 2013	$	23,135		$	—	$	32,811		$	36,207		$	92,153
Service contracts acquired	—			—		2,876			3,275			6,151
Service contracts amortization	(1,497		)	—		(2,013		)	(1,809		)	(5,319		)
Foreign currency translation	(2		)	—		—			136			134
Balance as of August 31, 2013	$	21,636		$	—	$	33,674		$	37,809		$	93,119

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

	As of August 31, 2013
(In thousands)	Carrying Amount		Accumulated Amortization		Net
Service contracts	$	426,391	$	333,272	$	93,119
Noncompete and consulting agreements	$	78,833	$	73,608	$	5,225
Investments (1)	100,648		—		100,648
Other	22,678		5,119		17,559
Total	$	202,159	$	78,727	$	123,432

	As of May 31, 2013
(In thousands)	Carrying Amount		Accumulated Amortization		Net
Service contracts	$	420,499	$	328,346	$	92,153
Noncompete and consulting agreements	$	77,863	$	72,970	$	4,893
Investments (1)	101,525		—		101,525
Other	22,711		4,739		17,972
Total	$	202,099	$	77,709	$	124,390

⁽¹⁾      Investments at August 31, 2013, include the cash surrender value of insurance policies of $72.0 million, equity method investments of $27.7 million and cost method investments of $0.9 million.  Investments at May 31, 2013, include the cash surrender value of insurance policies of $73.0 million, equity method investments of $27.6 million and cost method investments of $0.9 million.

Amortization expense was $5.8 million and $6.1 million for the three months endedAugust 31, 2013 and 2012, respectively.  Estimated amortization expense, excluding any future acquisitions, for each of the next five full fiscal years is $22.4 million, $19.6 million, $14.3 million, $9.1 million and $7.9 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 three months endedAugust 31, 2013 and 2012, no impairment losses were recognized.  

11

6.Debt, Derivatives and Hedging Activities

Cintas' senior notes are recorded at cost. The fair value is estimated using Level 2 inputs based on Cintas' current incremental borrowing rate for similar types of borrowing arrangements which is similar to the market approach. The carrying value and fair value of Cintas' long-term debt as of August 31, 2013 were $1,309.0 million and $1,399.2 million, respectively, and as of May 31, 2013 were $1,309.2 million and $1,447.1 million, respectively.

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 at August 31, 2013 or May 31, 2013.

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 for the three months endedAugust 31, 2013 and 2012.

To hedge the exposure of movements in the foreign currency rates, Cintas may use foreign currency hedges. These hedges reduce the impact on cash flows from movements in the foreign currency exchange rates. Examples of foreign currency hedge instruments that Cintas may use are average rate options and forward contracts. Cintas had forward contracts included in current accrued liabilities of $0.1 million as of August 31, 2013. As of May 31, 2013, there were less than $0.1 million of forward contracts included in accounts receivable. These instruments did not impact foreign currency exchange during the three months endedAugust 31, 2013 or 2012.

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 consolidated earnings before interest, taxes, depreciation and amortization (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. 

7.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 August 31, 2013, unrecognized tax benefits increased by approximately $0.2 million and accrued interest decreased by approximately $0.1 million.

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 $0.6 million for the fiscal year ending May 31, 2014.

On September 13, 2013, the Internal Revenue Service released final tangible property regulations under Sections 162(a) and 263(a) of the Internal Revenue Code of 1986 (Code), regarding the deduction and capitalization of expenditures related to tangible property. The final regulations replace temporary regulations that were issued in December 2011. Also released were proposed regulations under Section 168 of the Code regarding dispositions of tangible property. These final and proposed regulations will be effective for Cintas' fiscal year ending May 31, 2015. Early adoption is available, and as such, Cintas elected early adoption of the regulations on specific assets (material and supplies) resulting in a gross balance sheet reclassification of $33.6 million in fiscal 2013 between unrecognized tax benefits and the tax deferred (i.e., between long-term accrued liabilities and current deferred taxes on the Consolidated Condensed Balance Sheet). Transition guidance providing the procedural rules to comply with such regulations is expected to be released in the near term. Cintas continues to review the regulations, but does not believe there will be a material impact on Cintas' consolidated financial statements when they are fully adopted.

12

8. 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 operations 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, the Sixth Circuit Court of Appeals reversed the District Court's opinion and remanded the claims back to the District Court. On April 16, 2013, Cintas filed with the United States Supreme Court a Petition for a Writ of Certiorari seeking to review the judgment of the United States Court of Appeals for the Sixth Circuit.On October 7, 2013, the Court denied Cintas’ Petition, thus remanding the claims back to the District Court consistent with the Sixth Circuit Court’s November 9, 2012 decision.

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/Blanca Nelly 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. On May 30, 2013, the United States Court of Appeals for the Sixth Circuit affirmed the denial of class certification.

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 operations 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

9. Accumulated Other Comprehensive Income (Loss)

The following table summarizes the changes in the accumulated balances for each component of accumulated other comprehensive income (loss):

(In thousands)	For the Three Months Ended August 31, 2013
	Foreign Currency			Unrealized Loss on Derivatives			Other			Total
Balance at June 1, 2013	$	51,312		$	(14,339	)	$	1,150		$	38,123
Other comprehensive loss before reclassifications	(646		)	—			(14		)	(660		)
Amounts reclassified from accumulated other comprehensive loss	—			488			—			488
Net current period other comprehensive (loss) income	(646		)	488			(14		)	(172		)
Balance at August 31, 2013	$	50,666		$	(13,851	)	$	1,136		$	37,951

The following table summarizes the reclassifications out of accumulated other comprehensive income (loss):

(In thousands)	For the Three Months Ended August 31, 2013
Details about Accumulated Other Comprehensive Income Components	Amount Reclassified from Accumulated Other Comprehensive Loss		Affected Line in the Consolidated Condensed Statements of Income
Amortization of interest rate locks	$	488	Interest Expense

14

10.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.  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
As of and for the three months ended August 31, 2013
Revenue	$	792,866	$	107,462	$	125,875	$	94,140	$	—		$	1,120,343
Income (loss) before income taxes	$	117,393	$	8,681	$	11,446	$	2,550	$	(16,455	)	$	123,615
Total assets	$	2,842,058	$	143,993	$	410,633	$	631,634	$	282,859		$	4,311,177
As of and for the three months ended August 31, 2012
Revenue	$	754,843	$	100,279	$	110,841	$	85,362	$	—		$	1,051,325
Income (loss) before income taxes	$	116,907	$	8,741	$	9,021	$	4,625	$	(16,521	)	$	122,773
Total assets	$	2,779,217	$	125,094	$	359,387	$	563,172	$	330,165		$	4,157,035

15

11.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: 

16

Condensed Consolidating Income Statement

Three Months Ended August 31, 2013

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	605,758		$	162,565		$	54,965		$	(30,422	)	$	792,866
Other services	—		404,574			8,548			31,386			(117,031		)	327,477
Equity in net income of affiliates	77,754		—			—			—			(77,754		)	—
	77,754		1,010,332			171,113			86,351			(225,207		)	1,120,343
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		383,719			98,167			38,556			(65,711		)	454,731
Cost of other services	—		260,595			(3,111		)	19,064			(76,916		)	199,632
Selling and administrative expenses	—		308,761			(4,859		)	26,213			(4,205		)	325,910
Operating income	77,754		57,257			80,916			2,518			(78,375		)	140,070
Interest income	—		(8		)	(53		)	(14,694		)	14,687			(68		)
Interest expense (income)	—		16,480			44			(1		)	—			16,523
Income before income taxes	77,754		40,785			80,925			17,213			(93,062		)	123,615
Income taxes	—		15,104			29,968			819			(30		)	45,861
Net income	$	77,754	$	25,681		$	50,957		$	16,394		$	(93,032	)	$	77,754

17

Condensed Consolidating Income Statement

Three Months Ended August 31, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	576,285		$	152,817		$	53,784		$	(28,043	)	$	754,843
Other services	—		369,406			10,879			29,378			(113,181		)	296,482
Equity in net income of affiliates	76,733		—			—			—			(76,733		)	—
	76,733		945,691			163,696			83,162			(217,957		)	1,051,325
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		364,197			89,342			36,620			(62,011		)	428,148
Cost of other services	—		236,331			(2,417		)	17,708			(74,320		)	177,302
Selling and administrative expenses	—		290,644			(4,139		)	24,301			(4,225		)	306,581
Operating income	76,733		54,519			80,910			4,533			(77,401		)	139,294
Interest income	—		(18		)	(35		)	(24		)	—			(77		)
Interest expense	—		16,566			31			1			—			16,598
Income before income taxes	76,733		37,971			80,914			4,556			(77,401		)	122,773
Income taxes	—		14,379			30,642			1,024			(5		)	46,040
Net income	$	76,733	$	23,592		$	50,272		$	3,532		$	(77,396	)	$	76,733

18

Condensed Consolidating Statement of Comprehensive Income

Three Months Ended August 31, 2013

(In thousands)

	Cintas Corporation		Corp. 2		Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	77,754	$	25,681	$	50,957		$	16,394		$	(93,032	)	$	77,754
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		7		—			(653		)	—			(646		)
Amortization of interest rate lock           agreements	—		488		—			—			—			488
Change in fair value of available-for-           sale securities	—		—		(13		)	(1		)	—			(14		)
Other comprehensive income (loss)	—		495		(13		)	(654		)	—			(172		)
Comprehensive income	$	77,754	$	26,176	$	50,944		$	15,740		$	(93,032	)	$	77,582

19

Condensed Consolidating Statement of Comprehensive Income

Three Months Ended August 31, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors		Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	76,733	$	23,592		$	50,272	$	3,532		$	(77,396	)	$	76,733
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		8			—		7,009			—			7,017
Change in fair value of derivatives	—		(151		)	—		—			—			(151		)
Amortization of interest rate lock           agreements	—		488			—		—			—			488
Change in fair value of available-for-           sale securities	—		—			—		(2		)	—			(2		)
Other comprehensive income	—		345			—		7,007			—			7,352
Comprehensive income	$	76,733	$	23,937		$	50,272	$	10,539		$	(77,396	)	$	84,085

20

Condensed Consolidating Balance Sheet

As of August 31, 2013

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	64,369		$	190,896		$	23,405		$	—		$	278,670
Marketable securities	—			—			—			4,189			—			4,189
Accounts receivable, net	—			365,024			102,018			44,600			—			511,642
Inventories, net	—			209,299			22,909			9,720			3,542			245,470
Uniforms and other rental items in service	—			367,936			113,866			38,312			(19,730		)	500,384
Income taxes, current	—			—			(2,166		)	2,166			—			—
Deferred tax asset (liability)	—			526			(526		)	—			—			—
Prepaid expenses	—			7,559			20,324			4,051			—			31,934
Total current assets	—			1,014,713			447,321			126,443			(16,188		)	1,572,289
Property and equipment, at cost, net	—			631,172			254,952			105,207			—			991,331
Goodwill	—			—			1,454,846			76,160			—			1,531,006
Service contracts, net	—			87,264			134			5,721			—			93,119
Other assets, net	1,692,813			1,626,975			2,804,237			794,622			(6,795,215		)	123,432
	$	1,692,813		$	3,360,124		$	4,961,490		$	1,108,153		$	(6,811,403	)	$	4,311,177
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	(465,247	)	$	(567,870	)	$	1,095,369		$	24,684		$	38,016		$	124,952
Accrued compensation and related liabilities	—			30,394			8,877			3,976			—			43,247
Accrued liabilities	—			51,115			174,157			9,965			—			235,237
Income taxes, current	—			1,719			21,648			—			—			23,367
Deferred tax liability	—			—			71,872			8,820			—			80,692
Long-term debt due within one year	—			8,470			(270		)	—			—			8,200
Total current liabilities	(465,247		)	(476,172		)	1,371,653			47,445			38,016			515,695
Long-term liabilities:
Long-term debt due after one year	—			1,309,934			(9,983		)	848			—			1,300,799
Deferred income taxes	—			(6		)	220,463			(6,236		)	—			214,221
Accrued liabilities	—			—			83,613			838			—			84,451
Total long-term liabilities	—			1,309,928			294,093			(4,550		)	—			1,599,471
Total shareholders’ equity	2,158,060			2,526,368			3,295,744			1,065,258			(6,849,419		)	2,196,011
	$	1,692,813		$	3,360,124		$	4,961,490		$	1,108,153		$	(6,811,403	)	$	4,311,177

21

Condensed Consolidating Balance Sheet

As of May 31, 2013

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	54,511		$	247,070		$	50,692		$	—		$	352,273
Marketable securities	—			—			5,680			—			—			5,680
Accounts receivable, net	—			355,429			96,569			44,051			—			496,049
Inventories, net	—			201,260			25,584			10,342			3,254			240,440
Uniforms and other rental items in service	—			363,662			113,024			38,917			(18,851		)	496,752
Income taxes, current	—			4,172			3,437			1,493			—			9,102
Deferred tax asset (liability)	—			534			(534		)	—			—			—
Prepaid expenses	—			7,450			12,909			4,171			—			24,530
Total current assets	—			987,018			503,739			149,666			(15,597		)	1,624,826
Property and equipment, at cost, net	—			631,480			259,586			95,637			—			986,703
Goodwill	—			—			1,449,445			68,115			—			1,517,560
Service contracts, net	—			88,157			166			3,830			—			92,153
Other assets, net	1,698,122			1,627,505			2,698,197			768,903			(6,668,337		)	124,390
	$	1,698,122		$	3,334,160		$	4,911,133		$	1,086,151		$	(6,683,934	)	$	4,345,632
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	(465,247	)	$	(561,454	)	$	1,084,986		$	24,728		$	38,016		$	121,029
Accrued compensation and related liabilities	—			54,591			17,642			5,817			—			78,050
Accrued liabilities	—			67,490			193,261			11,837			(767		)	271,821
Deferred tax liability	—			—			68,231			8,938			—			77,169
Long-term debt due within one year	—			8,436			(249		)	—			—			8,187
Total current liabilities	(465,247		)	(430,937		)	1,363,871			51,320			37,249			556,256
Long-term liabilities:
Long-term debt due after one year	—			1,310,384			(11,020		)	848			767			1,300,979
Deferred income taxes	—			(6		)	216,368			(5,879		)	—			210,483
Accrued liabilities	—			—			75,571			851			—			76,422
Total long-term liabilities	—			1,310,378			280,919			(4,180		)	767			1,587,884
Total shareholders’ equity	2,163,369			2,454,719			3,266,343			1,039,011			(6,721,950		)	2,201,492
	$	1,698,122		$	3,334,160		$	4,911,133		$	1,086,151		$	(6,683,934	)	$	4,345,632

22

Condensed Consolidating Statement of Cash Flows

Three Months Ended August 31, 2013

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Cash flows from operating activities:
Net income	$	77,754		$	25,681		$	50,957		$	16,394		$	(93,032	)	$	77,754
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	—			25,690			13,305			3,576			—			42,571
Amortization of intangible assets	—			5,318			41			464			—			5,823
Stock-based compensation	6,984			—			—			—			—			6,984
Deferred income taxes	—			—			7,735			(362		)	—			7,373
Changes in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	—			(9,495		)	(5,449		)	41			—			(14,903		)
Inventories, net	—			(8,071		)	2,675			426			(288		)	(5,258		)
Uniforms and other rental items in service	—			(4,274		)	(842		)	87			879			(4,150		)
Prepaid expenses	—			(81		)	(7,416		)	281			—			(7,216		)
Accounts payable	—			(1,001		)	4,147			(231		)	—			2,915
Accrued compensation and related liabilities	—			(24,197		)	(8,765		)	(1,815		)	—			(34,777		)
Accrued liabilities	—			(13,567		)	(11,060		)	(3,355		)	767			(27,215		)
Income taxes payable	—			5,897			27,252			(491		)	—			32,658
Net cash provided by operating activities	84,738			1,900			72,580			15,015			(91,674		)	82,559
Cash flows from investing activities:
Capital expenditures	—			(25,556		)	(8,804		)	(3,102		)	—			(37,462		)
Proceeds from redemption of marketable securities	—			—			5,659			29,574			—			35,233
Purchase of marketable securities and investments	—			(67		)	(23,946		)	(33,818		)	24,890			(32,941		)
Acquisitions of businesses, net of cash acquired	—			(12,306		)	(1		)	(19,909		)	—			(32,216		)
Other	5,309			45,815			(103,631		)	(14,662		)	67,551			382
Net cash provided by (used in) investing activities	5,309			7,886			(130,723		)	(41,917		)	92,441			(67,004		)
Cash flows from financing activities:
Proceeds from issuance of debt	—			—			953			(953		)	—			—
Repayment of debt	—			(416		)	1,016			—			(767		)	(167		)
Exercise of stock-based compensation awards	14,085			—			—			—			—			14,085
Repurchase of common stock	(106,977		)	—			—			—			—			(106,977		)
Other	2,845			488			—			793			—			4,126
Net cash (used in) provided by financing activities	(90,047		)	72			1,969			(160		)	(767		)	(88,933		)
Effect of exchange rate changes on cash and cash equivalents	—			—			—			(225		)	—			(225		)
Net increase (decrease) in cash and cash equivalents	—			9,858			(56,174		)	(27,287		)	—			(73,603		)
Cash and cash equivalents at beginning of period	—			54,511			247,070			50,692			—			352,273
Cash and cash equivalents at end of period	$	—		$	64,369		$	190,896		$	23,405		$	—		$	278,670

23

Condensed Consolidating Statement of Cash Flows

Three Months Ended August 31, 2012

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Cash flows from operating activities:
Net income	$	76,733		$	23,592		$	50,272		$	3,532		$	(77,396	)	$	76,733
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Depreciation	—			23,845			13,280			3,217			—			40,342
Amortization of intangible assets	—			5,127			75			898			—			6,100
Stock-based compensation	5,448			—			—			—			—			5,448
Deferred income taxes	—			—			9,764			(48		)	—			9,716
Changes in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	—			(9,426		)	(880		)	3,178			—			(7,128		)
Inventories, net	—			7,594			261			271			1,763			9,889
Uniforms and other rental items in service	—			(4,140		)	(3,864		)	545			(1,213		)	(8,672		)
Prepaid expenses	—			201			(5,478		)	(115		)	—			(5,392		)
Accounts payable	—			(34,149		)	53,816			(3,389		)	—			16,278
Accrued compensation and related liabilities	—			(35,526		)	(12,735		)	(2,532		)	—			(50,793		)
Accrued liabilities	—			(20,442		)	(4,977		)	(2,767		)	786			(27,400		)
Income taxes payable	—			5,845			24,635			(736		)	—			29,744
Net cash provided by (used in) operating activities	82,181			(37,479		)	124,169			2,054			(76,060		)	94,865
Cash flows from investing activities:
Capital expenditures	—			(26,987		)	(15,169		)	(5,282		)	—			(47,438		)
Proceeds from redemption of marketable securities	—			—			—			24,720			—			24,720
Purchase of marketable securities and investments	—			529			(1,244		)	(35,445		)	(810		)	(36,970		)
Acquisitions of businesses, net of cash acquired	—			(1,343		)	—			(787		)	—			(2,130		)
Other	(7,928		)	57,262			(126,388		)	(25		)	77,656			577
Net cash (used in) provided by investing activities	(7,928		)	29,461			(142,801		)	(16,819		)	76,846			(61,241		)
Cash flows from financing activities:
Proceeds from issuance of debt	—			250,000			(477		)	477			—			250,000
Repayment of debt	—			(225,384		)	1,016			—			(786		)	(225,154		)
Exercise of stock-based compensation awards	1,119			—			—			—			—			1,119
Repurchase of common stock	(77,953		)	—			—			—			—			(77,953		)
Other	2,581			(5,453		)	—			(619		)	—			(3,491		)
Net cash (used in) provided by financing activities	(74,253		)	19,163			539			(142		)	(786		)	(55,479		)
Effect of exchange rate changes on cash and cash equivalents	—			—			—			1,247			—			1,247
Net increase (decrease) in cash and cash equivalents	—			11,145			(18,093		)	(13,660		)	—			(20,608		)
Cash and cash equivalents at beginning of period	—			58,737			229,287			51,801			—			339,825
Cash and cash equivalents at end of period	$	—		$	69,882		$	211,194		$	38,141		$	—		$	319,217

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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, and document management services.

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 to which 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 first aid, safety and fire protection and document management businesses.  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.  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 months endedAugust 31, 2013 and 2012 are presented in Note 10 entitled Segment Information of “Notes to Consolidated Condensed Financial Statements.”

Consolidated Results

Three Months EndedAugust 31, 2013 Compared to Three Months EndedAugust 31, 2012

Total revenue increased 6.6% for the three months ended August 31, 2013 over the same period in the prior fiscal year, from $1,051.3 million to $1,120.3 million. Total revenue was negatively impacted by 1.6% due to one fewer workday in the period ended August 31, 2013 compared to the period ended August 31, 2012. Revenue increased organically, which adjusts for the impact of acquisitions and the impact of one less workday in the current period, by 7.1%. The 1.1% difference in growth rates represents growth derived through acquisitions in our First Aid, Safety and Fire Protection Services and our Document Management Services operating segments.

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Rental Uniforms and Ancillary Products operating segment revenue increased 5.0% for the three months ended August 31, 2013 over the same period in the prior fiscal year, from $754.8 million to $792.9 million.  Revenue was negatively impacted by 1.7% due to one fewer workday in the period ended August 31, 2013 compared to the period ended August 31, 2012. Revenue increased organically by 6.7%. Revenue from existing national accounts was robust, which enhanced growth. Additionally, sales representative productivity was strong, and revenue from existing customers showed improvement over the prior year period. 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 10.5% for the three months ended August 31, 2013 over the same period in the prior fiscal year, from $296.5 million to $327.5 million. Revenue was negatively impacted by 1.7% due to one fewer workday in the period ended August 31, 2013 compared to the period ended August 31, 2012. Revenue increased organically by 8.2%. The 4.0% difference in growth rates represents growth derived through acquisitions in our First Aid, Safety and Fire Protection Services and our Document Management Services operating segments.

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 $26.6 million, or 6.2%, for the three months ended August 31, 2013, compared to the three months ended August 31, 2012.  This increase was due to higher Rental Uniforms and Ancillary Products operating segment sales volume, higher energy-related costs, and higher service costs associated with route expansion.

Cost of other services consists primarily of cost of goods sold (predominantly uniforms and first aid, safety and fire protection 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 $22.3 million, or 12.6%, for the three months ended August 31, 2013, compared to the three months ended August 31, 2012.  This increase was primarily due to increased sales volume.

Selling and administrative expenses increased$19.3 million, or 6.3%, for the three months ended August 31, 2013, compared to the three months ended August 31, 2012, due to increases in labor and other employee-partner related expenses. However, the increase in selling and administrative costs was less than the 6.6% increase in total revenue as we were able to leverage our cost structure despite the noted increases.

Net interest expense (interest expense less interest income) was $16.5 million for the three months ended August 31, 2013 and 2012. 

Cintas’ effective tax rate was 37.1% for the three months ended August 31, 2013, compared to 37.5% for the three months ended August 31, 2012.  The effective tax rate can fluctuate from quarter to quarter based on specific discrete items.

Net income increased $1.0 million, or 1.3%, for the three months ended August 31, 2013, from the same period in the prior fiscal year.  This increase was primarily due to the growth in revenue. The impact of the increase was partially offset by one fewer workday in the three months ended August 31, 2013, compared to the three months ended August 31, 2012. Several large expenses, including rental material cost, depreciation and amortization are determined on a monthly basis instead of a workday basis, and one fewer workday results in one less day of revenue to cover these fixed expenses. Diluted earnings per share were $0.63 for the three months ended August 31, 2013, which was an increase of 5.0% compared to the same period in the prior fiscal year.  Diluted earnings per share increased due to an increase in earnings combined with a decrease in weighted average common stock outstanding. The decrease in common stock outstanding resulted from purchasing 5.3 million shares of common stock under the October 18, 2011 share buyback program since the beginning of the second quarter of fiscal 2013 through the first quarter of fiscal 2014.

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Rental Uniforms and Ancillary Products Operating Segment

Three Months EndedAugust 31, 2013 Compared to Three Months EndedAugust 31, 2012

As previously discussed, Rental Uniforms and Ancillary Products operating segment revenue increased from $754.8 million to $792.9 million, or 5.0%, and the cost of rental uniforms and ancillary products increased $26.6 million, or 6.2%. The operating segment’s gross margin was $338.1 million, or 42.6% of revenue. This gross margin as a percent of revenue of 42.6% was 70 basis points lower than the prior fiscal year’s first quarter of 43.3%, primarily due to the impact of one fewer workday in the first quarter of fiscal 2014 compared to the first quarter of fiscal 2013, an increase in energy-related costs and higher service costs associated with expanded route capacity.

Selling and administrative expenses increased $11.0 million in the first quarter of fiscal 2014 compared to the first quarter of fiscal 2013 primarily due to increased labor and other employee-partner related expenses; however, selling and administrative expenses as a percent of revenue remained consistent at 27.8% for both quarters.

Income before income taxes increased $0.5 million to $117.4 million for the Rental Uniforms and Ancillary Products operating segment for the first quarter of fiscal 2014 compared to the same quarter last fiscal year.  Income before income taxes was 14.8% of the operating segment’s revenue, which is a 70 basis point decrease compared to the first quarter of the prior fiscal year.  This decrease is due to the decrease in gross margin previously discussed.

Uniform Direct Sales Operating Segment

Three Months EndedAugust 31, 2013 Compared to Three Months EndedAugust 31, 2012

Uniform Direct Sales operating segment revenue increased from $100.3 million to $107.5 million, or 7.2%, for the three months ended August 31, 2013, over the same quarter in the prior fiscal year due to several large uniform customer roll-outs. 

Cost of uniform direct sales increased $6.9 million, or 9.8%, for the three months ended August 31, 2013, over the same quarter in the prior fiscal year.  The gross margin as a percent of revenue was 27.7% for the three months ended August 31, 2013, which is a 170 basis point decrease compared to the gross margin percent of revenue of 29.4% in the same quarter of the prior fiscal year.  The change is mainly due to a greater mix of national account revenue in the first quarter of this fiscal year. National accounts generally have a lower gross margin than other types of accounts.

Selling and administrative expenses increased $0.3 million compared to the first 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 19.6%, decreased 110 basis points compared to the three months ended August 31, 2012. This decrease as a percent of revenue is mainly due to higher revenue for the first quarter of fiscal 2014 compared to the same quarter in the prior fiscal year.

Income before income taxes decreased $0.1 million for the Uniform Direct Sales operating segment for the first quarter of fiscal 2014 compared to the same quarter last fiscal year.  Income before income taxes was 8.1% of the operating segment’s revenue, which is a 60 basis point decrease compared to the same quarter last fiscal year.  This decrease is primarily due to the decline in gross margin as discussed above. 

First Aid, Safety and Fire Protection Services Operating Segment

Three Months EndedAugust 31, 2013 Compared to Three Months EndedAugust 31, 2012

First Aid, Safety and Fire Protection Services operating segment revenue increased from $110.8 million to $125.9 million, or 13.6%, for the three months ended August 31, 2013. Revenue was negatively impacted by 1.7% due to one fewer workday in the period ended August 31, 2013, compared to the period ended August 31, 2012. Revenue increased organically by 9.2%. The 6.1% difference in growth rates represents growth derived through acquisitions.

Cost of first aid, safety and fire protection services increased $7.9 million, or 12.6%, for the three months ended August 31, 2013, over the three months ended August 31, 2012, due to increased First Aid, Safety and Fire Protection Services operating segment revenue.  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. 

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The gross margin as a percent of revenue was 43.6% for the quarter ended August 31, 2013, which is a 50 basis point increase compared to the gross margin as a percent of revenue of 43.1% in the same quarter of the prior fiscal year. The margin improvement is partially due to a decrease in energy costs of approximately 20 basis points. The remaining improvement is due to better leveraging of fixed costs in addition to an improved mix of higher gross margin revenue in the first quarter of Fiscal 2014. These improvements were partially offset by the one less workday in the first quarter of Fiscal 2014.

Selling and administrative expenses increased $4.7 million compared to the first 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 34.5%, decreased 50 basis points compared to the first quarter of the prior fiscal year due to revenue growing at a faster rate than selling and administrative expenses.

Income before income taxes for the First Aid, Safety and Fire Protection Services operating segment increased $2.4 million to $11.4 million for the three months ended August 31, 2013, compared to the same quarter in the prior fiscal year, due to the increase in First Aid, Safety and Fire Protection Services operating segment revenue and the improvement in margins as discussed above. Income before income taxes, at 9.1% of the operating segment’s revenue, is a 100 basis point increase compared to the same quarter last fiscal year. 

Document Management Services Operating Segment

Three Months EndedAugust 31, 2013 Compared to Three Months EndedAugust 31, 2012

Document Management Services operating segment revenue increased from $85.4 million to $94.1 million, or 10.3%, for the quarter ended August 31, 2013, over the same quarter in the prior fiscal year. Revenue was negatively impacted by 1.7% due to one fewer workday in the period ended August 31, 2013, compared to the period ended August 31, 2012. Revenue increased organically by 6.3% due to sales productivity improvements. The 5.7% difference in growth rates represents growth derived through acquisitions. 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 25% for the quarter ended August 31, 2013, in comparison to the same quarter of the prior fiscal year. This decrease resulted in lower recycled paper revenue.

Cost of document management services increased $7.5 million, or 17.2%, for the three months ended August 31, 2013, over the same quarter in the prior fiscal year due to increased Document Management Services operating segment revenue. 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 45.9% for the three months ended August 31, 2013, which is a decrease from last year's first quarter gross margin as a percent of revenue of 49.1%. The decrease is due primarily to lower recycled paper revenue.

Selling and administrative expenses increased $3.4 million compared to the first quarter of the prior fiscal year, primarily due to an increase in labor and other related expenses.  Selling and administrative expenses as a percent of revenue, at 43.2%, decreased 50 basis points compared to the three months ended August 31, 2012. This decrease in percent of revenue is mainly due to revenue growing at a faster rate than selling and administrative expenses.

Income before income taxes for the Document Management Services operating segment decreased $2.1 million to $2.6 million for the three months ended August 31, 2013, 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 5.4% in last year’s first quarter to 2.7% for the quarter ended August 31, 2013, primarily as a result of lower recycled paper revenue.

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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 three months endedAugust 31, 2013 and August 31, 2012:

(In thousands)	2013			2012
Net cash provided by operating activities	$	82,559		$	94,865
Net cash used in investing activities	$	(67,004	)	$	(61,241	)
Net cash used in financing activities	$	(88,933	)	$	(55,479	)
Cash and cash equivalents at the end of the period	$	278,670		$	319,217
Marketable securities at the end of the period	$	4,189		$	10,948

The cash and cash equivalents and marketable securities as of August 31, 2013 include $27.6 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 August 31, 2013 consist of Canadian treasury securities.  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 $82.6 million for the three months endedAugust 31, 2013, a decrease of $12.3 million compared to the same period last fiscal year.  The decrease is largely due to timing issues relating to customer collections and vendor payments.

Net cash used in investing activities includes capital expenditures and cash paid for acquisitions of businesses.  Capital expenditures were $37.5 million and $47.4 million for the three months endedAugust 31, 2013 and August 31, 2012, 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 three months endedAugust 31, 2013 included $22.2 million for the Rental Uniforms and Ancillary Products operating segment and $11.3 million for the Document Management Services operating segment.  Cash paid for acquisitions of businesses net of cash acquired was $32.2 million and $2.1 million for the three months endedAugust 31, 2013 and August 31, 2012, respectively.  The acquisitions this fiscal year occurred in our First Aid, Safety and Fire Protection Services and Document Management Services operating segments. The acquisitions in the prior fiscal period occurred in our Document Management Services segment.

Net cash used in financing activities was $88.9 million and $55.5 million for the three months endedAugust 31, 2013 and August 31, 2012, respectively.  On October 18, 2011, we announced that the Board of Directors authorized a $500.0 million share buyback program. On July 30, 2013, we announced that the Board of Directors authorized a new $500.0 million share buyback program, which does not have an expiration date. During the first three months of fiscal 2013, we purchased 1.8 million shares of Cintas common stock for a total purchase price of $70.6 million. Beginning in April 2012 through May 31, 2013, under the October18, 2011 share buyback program, Cintas purchased a total of 8.4 million shares of Cintas common stock at an average price of $39.10 per share for a total purchase price of $337.6million. During the first three months of fiscal 2014, we purchased 2.1 million shares of Cintas common stock for a total purchase price of $100.8 million. In the period subsequent to August 31, 2013 through October 10, 2013, we purchased 0.9 million shares of Cintas common stock for $46.3 million. From the inception of the October 18, 2011 share buyback program through October 10, 2013, Cintas has purchased a total of 11.4 million shares of Cintas common stock at an average price of $42.44 per share for a total purchase price of $484.6 million. For the three months endedAugust 31, 2013, Cintas acquired 0.1 million shares of Cintas common stock for employee payroll taxes due on restricted stock awards that vested during the three months endedAugust 31, 2013.  These shares were acquired at an average price of $47.67 per share for a total purchase price of $6.2 million.

As of August 31, 2013 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

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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 December1, 2012. The net proceeds generated from the offering ($25.0 million) were 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 August 31, 2013 or May 31, 2013.

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 August 31, 2013, 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 August 31, 2013, 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 8 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, 2013, 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 25 of our Annual Report on Form 10-K for the year ended May 31, 2013.

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 August 31, 2013.  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 August 31, 2013, 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 August 31, 2013, 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 27 and 28 of our Annual Report on Form 10-K for the fiscal year ended May 31, 2013.

32

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 8 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)
June 1 - 30, 2013 (2)	301	$	45.41	—	$	162,460,106
July 1 - 31, 2013 (3)	369,259	47.52		239,400	651,103,625
August 1 - 31, 2013	1,839,812	48.60		1,839,812	561,688,054
Total	2,209,372	$	48.42	2,079,212	$	561,688,054

⁽¹⁾ On October 18, 2011, Cintas announced that the Board of Directors authorized a $500.0 million share buyback program. The October 18, 2011 buyback program does not have an expiration date. Beginning in April 2012, under the October 18, 2011 program, through August 31, 2013, Cintas has purchased a total of approximately 10.5 million shares of Cintas common stock at an average price of $41.87 per share for a total purchase price of $438.3 million. On July 30, 2013, Cintas announced that the Board of Directors approved an additional share buyback program of $500.0 million. There has been no activity under the July 30, 2013 buyback program, which does not have an expiration date.

⁽²⁾ During June 2013, Cintas acquired 301 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 acquired at an average price of $45.41 per share for a total purchase price of less than $0.1 million.

⁽³⁾ During July 2013, Cintas acquired 129,859 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 acquired at an average price of $47.68 per share for a total purchase price of less than $6.2 million.

33

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

34

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:  October 10, 2013	/s/	William C. Gale
		William C. Gale
		Senior Vice President and Chief Financial Officer
		(Chief Accounting Officer)

35

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

36

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:	October 10, 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:	October 10, 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 August 31, 2013 (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

October 10, 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 August 31, 2013 (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

October 10, 2013

XML

Segment Information

3 Months Ended

Aug. 31, 2013

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.  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
As of and for the three months ended August 31, 2013
Revenue	$	792,866	$	107,462	$	125,875	$	94,140	$	—		$	1,120,343
Income (loss) before income taxes	$	117,393	$	8,681	$	11,446	$	2,550	$	(16,455	)	$	123,615
Total assets	$	2,842,058	$	143,993	$	410,633	$	631,634	$	282,859		$	4,311,177
As of and for the three months ended August 31, 2012
Revenue	$	754,843	$	100,279	$	110,841	$	85,362	$	—		$	1,051,325
Income (loss) before income taxes	$	116,907	$	8,741	$	9,021	$	4,625	$	(16,521	)	$	122,773
Total assets	$	2,779,217	$	125,094	$	359,387	$	563,172	$	330,165		$	4,157,035

XML

Consolidated Condensed Statements of Comprehensive Income (Unaudited) (Parenthetical) (Less Than [Member], USD $) In Millions, unless otherwise specified	3 Months Ended
	Aug. 31, 2013	Feb. 29, 2012
Less Than [Member]
Change in fair value of derivative, tax expense	$ 0	$ 0.1
Amortization of interest rate lock agreements, tax expense (benefit)	(0.1)	(0.1)
Change in fair value of available-for-sale securities, tax expense (benefit)	$ 0.1	$ 0.1

XML

Fair Value Measurements

3 Months Ended

Aug. 31, 2013

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 August 31, 2013
	Level 1		Level 2		Level 3		Fair Value
Cash and cash equivalents	$	278,670	$	—	$	—	$	278,670
Marketable securities:
Canadian treasury securities	—		4,189		—		4,189
Total assets at fair value	$	278,670	$	4,189	$	—	$	282,859
Current accrued liabilities	$	—	$	107	$	—	$	107
Total liabilities at fair value	$	—	$	107	$	—	$	107

(In thousands)	As of May 31, 2013
	Level 1		Level 2		Level 3		Fair Value
Cash and cash equivalents	$	352,273	$	—	$	—	$	352,273
Marketable securities:
U.S. municipal bonds	—		5,680		—		5,680
Accounts receivable, net	—		39		—		39
Total assets at fair value	$	352,273	$	5,719	$	—	$	357,992

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 in non-active markets, 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 (federal) 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 were $4.2 million and $5.7 million as of August 31, 2013 and May 31, 2013, respectively. All outstanding marketable securities at August 31, 2013 and May 31, 2013 had contractual maturities due within one year.

As of August 31, 2013, current accrued liabilities include foreign currency forward contracts. As of May 31, 2013, accounts receivable, net include foreign currency forward contracts. The fair value of Cintas' foreign currency forward contracts are based on similar exchange traded derivatives (market approach) and are, therefore, included within Level 2 of the fair value hierarchy.

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), if material. 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 and Company specific discount rates.

XML

Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Aug. 31, 2013

Equity [Abstract]

Schedule of Changes in Accumulated Other Comprehensive Income (Loss)

The following table summarizes the changes in the accumulated balances for each component of accumulated other comprehensive income (loss):

(In thousands)	For the Three Months Ended August 31, 2013
	Foreign Currency			Unrealized Loss on Derivatives			Other			Total
Balance at June 1, 2013	$	51,312		$	(14,339	)	$	1,150		$	38,123
Other comprehensive loss before reclassifications	(646		)	—			(14		)	(660		)
Amounts reclassified from accumulated other comprehensive loss	—			488			—			488
Net current period other comprehensive (loss) income	(646		)	488			(14		)	(172		)
Balance at August 31, 2013	$	50,666		$	(13,851	)	$	1,136		$	37,951

Schedule of Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

The following table summarizes the reclassifications out of accumulated other comprehensive income (loss):

(In thousands)	For the Three Months Ended August 31, 2013
Details about Accumulated Other Comprehensive Income Components	Amount Reclassified from Accumulated Other Comprehensive Loss		Affected Line in the Consolidated Condensed Statements of Income
Amortization of interest rate locks	$	488	Interest Expense

XML

Supplemental Guarantor Information

3 Months Ended

Aug. 31, 2013

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 August 31, 2013

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	605,758		$	162,565		$	54,965		$	(30,422	)	$	792,866
Other services	—		404,574			8,548			31,386			(117,031		)	327,477
Equity in net income of affiliates	77,754		—			—			—			(77,754		)	—
	77,754		1,010,332			171,113			86,351			(225,207		)	1,120,343
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		383,719			98,167			38,556			(65,711		)	454,731
Cost of other services	—		260,595			(3,111		)	19,064			(76,916		)	199,632
Selling and administrative expenses	—		308,761			(4,859		)	26,213			(4,205		)	325,910
Operating income	77,754		57,257			80,916			2,518			(78,375		)	140,070
Interest income	—		(8		)	(53		)	(14,694		)	14,687			(68		)
Interest expense (income)	—		16,480			44			(1		)	—			16,523
Income before income taxes	77,754		40,785			80,925			17,213			(93,062		)	123,615
Income taxes	—		15,104			29,968			819			(30		)	45,861
Net income	$	77,754	$	25,681		$	50,957		$	16,394		$	(93,032	)	$	77,754

Condensed Consolidating Income Statement

Three Months Ended August 31, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	576,285		$	152,817		$	53,784		$	(28,043	)	$	754,843
Other services	—		369,406			10,879			29,378			(113,181		)	296,482
Equity in net income of affiliates	76,733		—			—			—			(76,733		)	—
	76,733		945,691			163,696			83,162			(217,957		)	1,051,325
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		364,197			89,342			36,620			(62,011		)	428,148
Cost of other services	—		236,331			(2,417		)	17,708			(74,320		)	177,302
Selling and administrative expenses	—		290,644			(4,139		)	24,301			(4,225		)	306,581
Operating income	76,733		54,519			80,910			4,533			(77,401		)	139,294
Interest income	—		(18		)	(35		)	(24		)	—			(77		)
Interest expense	—		16,566			31			1			—			16,598
Income before income taxes	76,733		37,971			80,914			4,556			(77,401		)	122,773
Income taxes	—		14,379			30,642			1,024			(5		)	46,040
Net income	$	76,733	$	23,592		$	50,272		$	3,532		$	(77,396	)	$	76,733

Condensed Consolidating Statement of Comprehensive Income

Three Months Ended August 31, 2013

(In thousands)

	Cintas Corporation		Corp. 2		Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	77,754	$	25,681	$	50,957		$	16,394		$	(93,032	)	$	77,754
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		7		—			(653		)	—			(646		)
Amortization of interest rate lock           agreements	—		488		—			—			—			488
Change in fair value of available-for-           sale securities	—		—		(13		)	(1		)	—			(14		)
Other comprehensive income (loss)	—		495		(13		)	(654		)	—			(172		)
Comprehensive income	$	77,754	$	26,176	$	50,944		$	15,740		$	(93,032	)	$	77,582

Condensed Consolidating Statement of Comprehensive Income

Three Months Ended August 31, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors		Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	76,733	$	23,592		$	50,272	$	3,532		$	(77,396	)	$	76,733
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		8			—		7,009			—			7,017
Change in fair value of derivatives	—		(151		)	—		—			—			(151		)
Amortization of interest rate lock           agreements	—		488			—		—			—			488
Change in fair value of available-for-           sale securities	—		—			—		(2		)	—			(2		)
Other comprehensive income	—		345			—		7,007			—			7,352
Comprehensive income	$	76,733	$	23,937		$	50,272	$	10,539		$	(77,396	)	$	84,085

Condensed Consolidating Balance Sheet

As of August 31, 2013

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	64,369		$	190,896		$	23,405		$	—		$	278,670
Marketable securities	—			—			—			4,189			—			4,189
Accounts receivable, net	—			365,024			102,018			44,600			—			511,642
Inventories, net	—			209,299			22,909			9,720			3,542			245,470
Uniforms and other rental items in service	—			367,936			113,866			38,312			(19,730		)	500,384
Income taxes, current	—			—			(2,166		)	2,166			—			—
Deferred tax asset (liability)	—			526			(526		)	—			—			—
Prepaid expenses	—			7,559			20,324			4,051			—			31,934
Total current assets	—			1,014,713			447,321			126,443			(16,188		)	1,572,289
Property and equipment, at cost, net	—			631,172			254,952			105,207			—			991,331
Goodwill	—			—			1,454,846			76,160			—			1,531,006
Service contracts, net	—			87,264			134			5,721			—			93,119
Other assets, net	1,692,813			1,626,975			2,804,237			794,622			(6,795,215		)	123,432
	$	1,692,813		$	3,360,124		$	4,961,490		$	1,108,153		$	(6,811,403	)	$	4,311,177
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	(465,247	)	$	(567,870	)	$	1,095,369		$	24,684		$	38,016		$	124,952
Accrued compensation and related liabilities	—			30,394			8,877			3,976			—			43,247
Accrued liabilities	—			51,115			174,157			9,965			—			235,237
Income taxes, current	—			1,719			21,648			—			—			23,367
Deferred tax liability	—			—			71,872			8,820			—			80,692
Long-term debt due within one year	—			8,470			(270		)	—			—			8,200
Total current liabilities	(465,247		)	(476,172		)	1,371,653			47,445			38,016			515,695
Long-term liabilities:
Long-term debt due after one year	—			1,309,934			(9,983		)	848			—			1,300,799
Deferred income taxes	—			(6		)	220,463			(6,236		)	—			214,221
Accrued liabilities	—			—			83,613			838			—			84,451
Total long-term liabilities	—			1,309,928			294,093			(4,550		)	—			1,599,471
Total shareholders’ equity	2,158,060			2,526,368			3,295,744			1,065,258			(6,849,419		)	2,196,011
	$	1,692,813		$	3,360,124		$	4,961,490		$	1,108,153		$	(6,811,403	)	$	4,311,177

Condensed Consolidating Balance Sheet

As of May 31, 2013

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	54,511		$	247,070		$	50,692		$	—		$	352,273
Marketable securities	—			—			5,680			—			—			5,680
Accounts receivable, net	—			355,429			96,569			44,051			—			496,049
Inventories, net	—			201,260			25,584			10,342			3,254			240,440
Uniforms and other rental items in service	—			363,662			113,024			38,917			(18,851		)	496,752
Income taxes, current	—			4,172			3,437			1,493			—			9,102
Deferred tax asset (liability)	—			534			(534		)	—			—			—
Prepaid expenses	—			7,450			12,909			4,171			—			24,530
Total current assets	—			987,018			503,739			149,666			(15,597		)	1,624,826
Property and equipment, at cost, net	—			631,480			259,586			95,637			—			986,703
Goodwill	—			—			1,449,445			68,115			—			1,517,560
Service contracts, net	—			88,157			166			3,830			—			92,153
Other assets, net	1,698,122			1,627,505			2,698,197			768,903			(6,668,337		)	124,390
	$	1,698,122		$	3,334,160		$	4,911,133		$	1,086,151		$	(6,683,934	)	$	4,345,632
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	(465,247	)	$	(561,454	)	$	1,084,986		$	24,728		$	38,016		$	121,029
Accrued compensation and related liabilities	—			54,591			17,642			5,817			—			78,050
Accrued liabilities	—			67,490			193,261			11,837			(767		)	271,821
Deferred tax liability	—			—			68,231			8,938			—			77,169
Long-term debt due within one year	—			8,436			(249		)	—			—			8,187
Total current liabilities	(465,247		)	(430,937		)	1,363,871			51,320			37,249			556,256
Long-term liabilities:
Long-term debt due after one year	—			1,310,384			(11,020		)	848			767			1,300,979
Deferred income taxes	—			(6		)	216,368			(5,879		)	—			210,483
Accrued liabilities	—			—			75,571			851			—			76,422
Total long-term liabilities	—			1,310,378			280,919			(4,180		)	767			1,587,884
Total shareholders’ equity	2,163,369			2,454,719			3,266,343			1,039,011			(6,721,950		)	2,201,492
	$	1,698,122		$	3,334,160		$	4,911,133		$	1,086,151		$	(6,683,934	)	$	4,345,632

Condensed Consolidating Statement of Cash Flows

Three Months Ended August 31, 2013

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Cash flows from operating activities:
Net income	$	77,754		$	25,681		$	50,957		$	16,394		$	(93,032	)	$	77,754
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	—			25,690			13,305			3,576			—			42,571
Amortization of intangible assets	—			5,318			41			464			—			5,823
Stock-based compensation	6,984			—			—			—			—			6,984
Deferred income taxes	—			—			7,735			(362		)	—			7,373
Changes in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	—			(9,495		)	(5,449		)	41			—			(14,903		)
Inventories, net	—			(8,071		)	2,675			426			(288		)	(5,258		)
Uniforms and other rental items in service	—			(4,274		)	(842		)	87			879			(4,150		)
Prepaid expenses	—			(81		)	(7,416		)	281			—			(7,216		)
Accounts payable	—			(1,001		)	4,147			(231		)	—			2,915
Accrued compensation and related liabilities	—			(24,197		)	(8,765		)	(1,815		)	—			(34,777		)
Accrued liabilities	—			(13,567		)	(11,060		)	(3,355		)	767			(27,215		)
Income taxes payable	—			5,897			27,252			(491		)	—			32,658
Net cash provided by operating activities	84,738			1,900			72,580			15,015			(91,674		)	82,559
Cash flows from investing activities:
Capital expenditures	—			(25,556		)	(8,804		)	(3,102		)	—			(37,462		)
Proceeds from redemption of marketable securities	—			—			5,659			29,574			—			35,233
Purchase of marketable securities and investments	—			(67		)	(23,946		)	(33,818		)	24,890			(32,941		)
Acquisitions of businesses, net of cash acquired	—			(12,306		)	(1		)	(19,909		)	—			(32,216		)
Other	5,309			45,815			(103,631		)	(14,662		)	67,551			382
Net cash provided by (used in) investing activities	5,309			7,886			(130,723		)	(41,917		)	92,441			(67,004		)
Cash flows from financing activities:
Proceeds from issuance of debt	—			—			953			(953		)	—			—
Repayment of debt	—			(416		)	1,016			—			(767		)	(167		)
Exercise of stock-based compensation awards	14,085			—			—			—			—			14,085
Repurchase of common stock	(106,977		)	—			—			—			—			(106,977		)
Other	2,845			488			—			793			—			4,126
Net cash (used in) provided by financing activities	(90,047		)	72			1,969			(160		)	(767		)	(88,933		)
Effect of exchange rate changes on cash and cash equivalents	—			—			—			(225		)	—			(225		)
Net increase (decrease) in cash and cash equivalents	—			9,858			(56,174		)	(27,287		)	—			(73,603		)
Cash and cash equivalents at beginning of period	—			54,511			247,070			50,692			—			352,273
Cash and cash equivalents at end of period	$	—		$	64,369		$	190,896		$	23,405		$	—		$	278,670

Condensed Consolidating Statement of Cash Flows

Three Months Ended August 31, 2012

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Cash flows from operating activities:
Net income	$	76,733		$	23,592		$	50,272		$	3,532		$	(77,396	)	$	76,733
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Depreciation	—			23,845			13,280			3,217			—			40,342
Amortization of intangible assets	—			5,127			75			898			—			6,100
Stock-based compensation	5,448			—			—			—			—			5,448
Deferred income taxes	—			—			9,764			(48		)	—			9,716
Changes in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	—			(9,426		)	(880		)	3,178			—			(7,128		)
Inventories, net	—			7,594			261			271			1,763			9,889
Uniforms and other rental items in service	—			(4,140		)	(3,864		)	545			(1,213		)	(8,672		)
Prepaid expenses	—			201			(5,478		)	(115		)	—			(5,392		)
Accounts payable	—			(34,149		)	53,816			(3,389		)	—			16,278
Accrued compensation and related liabilities	—			(35,526		)	(12,735		)	(2,532		)	—			(50,793		)
Accrued liabilities	—			(20,442		)	(4,977		)	(2,767		)	786			(27,400		)
Income taxes payable	—			5,845			24,635			(736		)	—			29,744
Net cash provided by (used in) operating activities	82,181			(37,479		)	124,169			2,054			(76,060		)	94,865
Cash flows from investing activities:
Capital expenditures	—			(26,987		)	(15,169		)	(5,282		)	—			(47,438		)
Proceeds from redemption of marketable securities	—			—			—			24,720			—			24,720
Purchase of marketable securities and investments	—			529			(1,244		)	(35,445		)	(810		)	(36,970		)
Acquisitions of businesses, net of cash acquired	—			(1,343		)	—			(787		)	—			(2,130		)
Other	(7,928		)	57,262			(126,388		)	(25		)	77,656			577
Net cash (used in) provided by investing activities	(7,928		)	29,461			(142,801		)	(16,819		)	76,846			(61,241		)
Cash flows from financing activities:
Proceeds from issuance of debt	—			250,000			(477		)	477			—			250,000
Repayment of debt	—			(225,384		)	1,016			—			(786		)	(225,154		)
Exercise of stock-based compensation awards	1,119			—			—			—			—			1,119
Repurchase of common stock	(77,953		)	—			—			—			—			(77,953		)
Other	2,581			(5,453		)	—			(619		)	—			(3,491		)
Net cash (used in) provided by financing activities	(74,253		)	19,163			539			(142		)	(786		)	(55,479		)
Effect of exchange rate changes on cash and cash equivalents	—			—			—			1,247			—			1,247
Net increase (decrease) in cash and cash equivalents	—			11,145			(18,093		)	(13,660		)	—			(20,608		)
Cash and cash equivalents at beginning of period	—			58,737			229,287			51,801			—			339,825
Cash and cash equivalents at end of period	$	—		$	69,882		$	211,194		$	38,141		$	—		$	319,217

XML

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

XML

Basis of Presentation (Details) (USD $) In Thousands, unless otherwise specified	Aug. 31, 2013	May 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Raw materials	$ 17,389	$ 19,800
Work in process	15,712	17,353
Finished goods	212,369	203,287
Inventories, net	$ 245,470	$ 240,440

XML

Supplemental Guarantor Information (Tables)

3 Months Ended

Aug. 31, 2013

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Consolidating Income Statement

Condensed Consolidating Income Statement

Three Months Ended August 31, 2013

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	605,758		$	162,565		$	54,965		$	(30,422	)	$	792,866
Other services	—		404,574			8,548			31,386			(117,031		)	327,477
Equity in net income of affiliates	77,754		—			—			—			(77,754		)	—
	77,754		1,010,332			171,113			86,351			(225,207		)	1,120,343
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		383,719			98,167			38,556			(65,711		)	454,731
Cost of other services	—		260,595			(3,111		)	19,064			(76,916		)	199,632
Selling and administrative expenses	—		308,761			(4,859		)	26,213			(4,205		)	325,910
Operating income	77,754		57,257			80,916			2,518			(78,375		)	140,070
Interest income	—		(8		)	(53		)	(14,694		)	14,687			(68		)
Interest expense (income)	—		16,480			44			(1		)	—			16,523
Income before income taxes	77,754		40,785			80,925			17,213			(93,062		)	123,615
Income taxes	—		15,104			29,968			819			(30		)	45,861
Net income	$	77,754	$	25,681		$	50,957		$	16,394		$	(93,032	)	$	77,754

Condensed Consolidating Income Statement

Three Months Ended August 31, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Revenue:
Rental uniforms and ancillary products	$	—	$	576,285		$	152,817		$	53,784		$	(28,043	)	$	754,843
Other services	—		369,406			10,879			29,378			(113,181		)	296,482
Equity in net income of affiliates	76,733		—			—			—			(76,733		)	—
	76,733		945,691			163,696			83,162			(217,957		)	1,051,325
Costs and expenses (income):
Cost of rental uniforms and ancillary products	—		364,197			89,342			36,620			(62,011		)	428,148
Cost of other services	—		236,331			(2,417		)	17,708			(74,320		)	177,302
Selling and administrative expenses	—		290,644			(4,139		)	24,301			(4,225		)	306,581
Operating income	76,733		54,519			80,910			4,533			(77,401		)	139,294
Interest income	—		(18		)	(35		)	(24		)	—			(77		)
Interest expense	—		16,566			31			1			—			16,598
Income before income taxes	76,733		37,971			80,914			4,556			(77,401		)	122,773
Income taxes	—		14,379			30,642			1,024			(5		)	46,040
Net income	$	76,733	$	23,592		$	50,272		$	3,532		$	(77,396	)	$	76,733

Condensed Consolidating Statement of Comprehensive Income

Condensed Consolidating Statement of Comprehensive Income

Three Months Ended August 31, 2013

(In thousands)

	Cintas Corporation		Corp. 2		Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	77,754	$	25,681	$	50,957		$	16,394		$	(93,032	)	$	77,754
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		7		—			(653		)	—			(646		)
Amortization of interest rate lock           agreements	—		488		—			—			—			488
Change in fair value of available-for-           sale securities	—		—		(13		)	(1		)	—			(14		)
Other comprehensive income (loss)	—		495		(13		)	(654		)	—			(172		)
Comprehensive income	$	77,754	$	26,176	$	50,944		$	15,740		$	(93,032	)	$	77,582

Condensed Consolidating Statement of Comprehensive Income

Three Months Ended August 31, 2012

(In thousands)

	Cintas Corporation		Corp. 2			Subsidiary Guarantors		Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Net income	$	76,733	$	23,592		$	50,272	$	3,532		$	(77,396	)	$	76,733
Other comprehensive income (loss), net of tax:
Foreign currency translation            adjustments	—		8			—		7,009			—			7,017
Change in fair value of derivatives	—		(151		)	—		—			—			(151		)
Amortization of interest rate lock           agreements	—		488			—		—			—			488
Change in fair value of available-for-           sale securities	—		—			—		(2		)	—			(2		)
Other comprehensive income	—		345			—		7,007			—			7,352
Comprehensive income	$	76,733	$	23,937		$	50,272	$	10,539		$	(77,396	)	$	84,085

Condensed Consolidating Balance Sheet

Condensed Consolidating Balance Sheet

As of August 31, 2013

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	64,369		$	190,896		$	23,405		$	—		$	278,670
Marketable securities	—			—			—			4,189			—			4,189
Accounts receivable, net	—			365,024			102,018			44,600			—			511,642
Inventories, net	—			209,299			22,909			9,720			3,542			245,470
Uniforms and other rental items in service	—			367,936			113,866			38,312			(19,730		)	500,384
Income taxes, current	—			—			(2,166		)	2,166			—			—
Deferred tax asset (liability)	—			526			(526		)	—			—			—
Prepaid expenses	—			7,559			20,324			4,051			—			31,934
Total current assets	—			1,014,713			447,321			126,443			(16,188		)	1,572,289
Property and equipment, at cost, net	—			631,172			254,952			105,207			—			991,331
Goodwill	—			—			1,454,846			76,160			—			1,531,006
Service contracts, net	—			87,264			134			5,721			—			93,119
Other assets, net	1,692,813			1,626,975			2,804,237			794,622			(6,795,215		)	123,432
	$	1,692,813		$	3,360,124		$	4,961,490		$	1,108,153		$	(6,811,403	)	$	4,311,177
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	(465,247	)	$	(567,870	)	$	1,095,369		$	24,684		$	38,016		$	124,952
Accrued compensation and related liabilities	—			30,394			8,877			3,976			—			43,247
Accrued liabilities	—			51,115			174,157			9,965			—			235,237
Income taxes, current	—			1,719			21,648			—			—			23,367
Deferred tax liability	—			—			71,872			8,820			—			80,692
Long-term debt due within one year	—			8,470			(270		)	—			—			8,200
Total current liabilities	(465,247		)	(476,172		)	1,371,653			47,445			38,016			515,695
Long-term liabilities:
Long-term debt due after one year	—			1,309,934			(9,983		)	848			—			1,300,799
Deferred income taxes	—			(6		)	220,463			(6,236		)	—			214,221
Accrued liabilities	—			—			83,613			838			—			84,451
Total long-term liabilities	—			1,309,928			294,093			(4,550		)	—			1,599,471
Total shareholders’ equity	2,158,060			2,526,368			3,295,744			1,065,258			(6,849,419		)	2,196,011
	$	1,692,813		$	3,360,124		$	4,961,490		$	1,108,153		$	(6,811,403	)	$	4,311,177

Condensed Consolidating Balance Sheet

As of May 31, 2013

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	54,511		$	247,070		$	50,692		$	—		$	352,273
Marketable securities	—			—			5,680			—			—			5,680
Accounts receivable, net	—			355,429			96,569			44,051			—			496,049
Inventories, net	—			201,260			25,584			10,342			3,254			240,440
Uniforms and other rental items in service	—			363,662			113,024			38,917			(18,851		)	496,752
Income taxes, current	—			4,172			3,437			1,493			—			9,102
Deferred tax asset (liability)	—			534			(534		)	—			—			—
Prepaid expenses	—			7,450			12,909			4,171			—			24,530
Total current assets	—			987,018			503,739			149,666			(15,597		)	1,624,826
Property and equipment, at cost, net	—			631,480			259,586			95,637			—			986,703
Goodwill	—			—			1,449,445			68,115			—			1,517,560
Service contracts, net	—			88,157			166			3,830			—			92,153
Other assets, net	1,698,122			1,627,505			2,698,197			768,903			(6,668,337		)	124,390
	$	1,698,122		$	3,334,160		$	4,911,133		$	1,086,151		$	(6,683,934	)	$	4,345,632
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	(465,247	)	$	(561,454	)	$	1,084,986		$	24,728		$	38,016		$	121,029
Accrued compensation and related liabilities	—			54,591			17,642			5,817			—			78,050
Accrued liabilities	—			67,490			193,261			11,837			(767		)	271,821
Deferred tax liability	—			—			68,231			8,938			—			77,169
Long-term debt due within one year	—			8,436			(249		)	—			—			8,187
Total current liabilities	(465,247		)	(430,937		)	1,363,871			51,320			37,249			556,256
Long-term liabilities:
Long-term debt due after one year	—			1,310,384			(11,020		)	848			767			1,300,979
Deferred income taxes	—			(6		)	216,368			(5,879		)	—			210,483
Accrued liabilities	—			—			75,571			851			—			76,422
Total long-term liabilities	—			1,310,378			280,919			(4,180		)	767			1,587,884
Total shareholders’ equity	2,163,369			2,454,719			3,266,343			1,039,011			(6,721,950		)	2,201,492
	$	1,698,122		$	3,334,160		$	4,911,133		$	1,086,151		$	(6,683,934	)	$	4,345,632

Condensed Consolidating Statement of Cash Flows

Condensed Consolidating Statement of Cash Flows

Three Months Ended August 31, 2013

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Cash flows from operating activities:
Net income	$	77,754		$	25,681		$	50,957		$	16,394		$	(93,032	)	$	77,754
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	—			25,690			13,305			3,576			—			42,571
Amortization of intangible assets	—			5,318			41			464			—			5,823
Stock-based compensation	6,984			—			—			—			—			6,984
Deferred income taxes	—			—			7,735			(362		)	—			7,373
Changes in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	—			(9,495		)	(5,449		)	41			—			(14,903		)
Inventories, net	—			(8,071		)	2,675			426			(288		)	(5,258		)
Uniforms and other rental items in service	—			(4,274		)	(842		)	87			879			(4,150		)
Prepaid expenses	—			(81		)	(7,416		)	281			—			(7,216		)
Accounts payable	—			(1,001		)	4,147			(231		)	—			2,915
Accrued compensation and related liabilities	—			(24,197		)	(8,765		)	(1,815		)	—			(34,777		)
Accrued liabilities	—			(13,567		)	(11,060		)	(3,355		)	767			(27,215		)
Income taxes payable	—			5,897			27,252			(491		)	—			32,658
Net cash provided by operating activities	84,738			1,900			72,580			15,015			(91,674		)	82,559
Cash flows from investing activities:
Capital expenditures	—			(25,556		)	(8,804		)	(3,102		)	—			(37,462		)
Proceeds from redemption of marketable securities	—			—			5,659			29,574			—			35,233
Purchase of marketable securities and investments	—			(67		)	(23,946		)	(33,818		)	24,890			(32,941		)
Acquisitions of businesses, net of cash acquired	—			(12,306		)	(1		)	(19,909		)	—			(32,216		)
Other	5,309			45,815			(103,631		)	(14,662		)	67,551			382
Net cash provided by (used in) investing activities	5,309			7,886			(130,723		)	(41,917		)	92,441			(67,004		)
Cash flows from financing activities:
Proceeds from issuance of debt	—			—			953			(953		)	—			—
Repayment of debt	—			(416		)	1,016			—			(767		)	(167		)
Exercise of stock-based compensation awards	14,085			—			—			—			—			14,085
Repurchase of common stock	(106,977		)	—			—			—			—			(106,977		)
Other	2,845			488			—			793			—			4,126
Net cash (used in) provided by financing activities	(90,047		)	72			1,969			(160		)	(767		)	(88,933		)
Effect of exchange rate changes on cash and cash equivalents	—			—			—			(225		)	—			(225		)
Net increase (decrease) in cash and cash equivalents	—			9,858			(56,174		)	(27,287		)	—			(73,603		)
Cash and cash equivalents at beginning of period	—			54,511			247,070			50,692			—			352,273
Cash and cash equivalents at end of period	$	—		$	64,369		$	190,896		$	23,405		$	—		$	278,670

Condensed Consolidating Statement of Cash Flows

Three Months Ended August 31, 2012

(In thousands)

	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Cash flows from operating activities:
Net income	$	76,733		$	23,592		$	50,272		$	3,532		$	(77,396	)	$	76,733
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Depreciation	—			23,845			13,280			3,217			—			40,342
Amortization of intangible assets	—			5,127			75			898			—			6,100
Stock-based compensation	5,448			—			—			—			—			5,448
Deferred income taxes	—			—			9,764			(48		)	—			9,716
Changes in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	—			(9,426		)	(880		)	3,178			—			(7,128		)
Inventories, net	—			7,594			261			271			1,763			9,889
Uniforms and other rental items in service	—			(4,140		)	(3,864		)	545			(1,213		)	(8,672		)
Prepaid expenses	—			201			(5,478		)	(115		)	—			(5,392		)
Accounts payable	—			(34,149		)	53,816			(3,389		)	—			16,278
Accrued compensation and related liabilities	—			(35,526		)	(12,735		)	(2,532		)	—			(50,793		)
Accrued liabilities	—			(20,442		)	(4,977		)	(2,767		)	786			(27,400		)
Income taxes payable	—			5,845			24,635			(736		)	—			29,744
Net cash provided by (used in) operating activities	82,181			(37,479		)	124,169			2,054			(76,060		)	94,865
Cash flows from investing activities:
Capital expenditures	—			(26,987		)	(15,169		)	(5,282		)	—			(47,438		)
Proceeds from redemption of marketable securities	—			—			—			24,720			—			24,720
Purchase of marketable securities and investments	—			529			(1,244		)	(35,445		)	(810		)	(36,970		)
Acquisitions of businesses, net of cash acquired	—			(1,343		)	—			(787		)	—			(2,130		)
Other	(7,928		)	57,262			(126,388		)	(25		)	77,656			577
Net cash (used in) provided by investing activities	(7,928		)	29,461			(142,801		)	(16,819		)	76,846			(61,241		)
Cash flows from financing activities:
Proceeds from issuance of debt	—			250,000			(477		)	477			—			250,000
Repayment of debt	—			(225,384		)	1,016			—			(786		)	(225,154		)
Exercise of stock-based compensation awards	1,119			—			—			—			—			1,119
Repurchase of common stock	(77,953		)	—			—			—			—			(77,953		)
Other	2,581			(5,453		)	—			(619		)	—			(3,491		)
Net cash (used in) provided by financing activities	(74,253		)	19,163			539			(142		)	(786		)	(55,479		)
Effect of exchange rate changes on cash and cash equivalents	—			—			—			1,247			—			1,247
Net increase (decrease) in cash and cash equivalents	—			11,145			(18,093		)	(13,660		)	—			(20,608		)
Cash and cash equivalents at beginning of period	—			58,737			229,287			51,801			—			339,825
Cash and cash equivalents at end of period	$	—		$	69,882		$	211,194		$	38,141		$	—		$	319,217

XML

Supplemental Guarantor Information (Condensed Consolidating Statement of Cash Flows) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Aug. 31, 2013	Aug. 31, 2012
Cash flows from operating activities:
Net income	$ 77,754	$ 76,733
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	42,571	40,342
Amortization of intangible assets	5,823	6,100
Stock-based compensation	6,984	5,448
Deferred income taxes	7,373	9,716
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	(14,903)	(7,128)
Inventories, net	(5,258)	9,889
Uniforms and other rental items in service	(4,150)	(8,672)
Prepaid expenses	(7,216)	(5,392)
Accounts payable	2,915	16,278
Accrued compensation and related liabilities	(34,777)	(50,793)
Accrued liabilities	(27,215)	(27,400)
Income taxes payable	32,658	29,744
Net cash provided by operating activities	82,559	94,865
Cash flows from investing activities:
Capital expenditures	(37,462)	(47,438)
Proceeds from redemption of marketable securities	35,233	24,720
Purchase of marketable securities and investments	(32,941)	(36,970)
Acquisitions of businesses, net of cash acquired	(32,216)	(2,130)
Other	382	577
Net cash used in investing activities	(67,004)	(61,241)
Cash flows from financing activities:
Proceeds from issuance of debt	0	250,000
Repayment of debt	(167)	(225,154)
Exercise of stock-based compensation awards	14,085	1,119
Repurchase of common stock	(106,977)	(77,953)
Other	4,126	(3,491)
Net cash used in financing activities	(88,933)	(55,479)
Effect of exchange rate changes on cash and cash equivalents	(225)	1,247
Net decrease in cash and cash equivalents	(73,603)	(20,608)
Cash and cash equivalents at beginning of period	352,273	339,825
Cash and cash equivalents at end of period	278,670	319,217
Cintas Corporation [Member]
Cash flows from operating activities:
Net income	77,754	76,733
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	0	0
Amortization of intangible assets	0	0
Stock-based compensation	6,984	5,448
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	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	84,738	82,181
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	5,309	(7,928)
Net cash used in investing activities	5,309	(7,928)
Cash flows from financing activities:
Proceeds from issuance of debt	0	0
Repayment of debt	0	0
Exercise of stock-based compensation awards	14,085	1,119
Repurchase of common stock	(106,977)	(77,953)
Other	2,845	2,581
Net cash used in financing activities	(90,047)	(74,253)
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
Corp. 2 [Member]
Cash flows from operating activities:
Net income	25,681	23,592
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	25,690	23,845
Amortization of intangible assets	5,318	5,127
Stock-based compensation	0	0
Deferred income taxes	0	0
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	(9,495)	(9,426)
Inventories, net	(8,071)	7,594
Uniforms and other rental items in service	(4,274)	(4,140)
Prepaid expenses	(81)	201
Accounts payable	(1,001)	(34,149)
Accrued compensation and related liabilities	(24,197)	(35,526)
Accrued liabilities	(13,567)	(20,442)
Income taxes payable	5,897	5,845
Net cash provided by operating activities	1,900	(37,479)
Cash flows from investing activities:
Capital expenditures	(25,556)	(26,987)
Proceeds from redemption of marketable securities	0	0
Purchase of marketable securities and investments	(67)	529
Acquisitions of businesses, net of cash acquired	(12,306)	(1,343)
Other	45,815	57,262
Net cash used in investing activities	7,886	29,461
Cash flows from financing activities:
Proceeds from issuance of debt	0	250,000
Repayment of debt	(416)	(225,384)
Exercise of stock-based compensation awards	0	0
Repurchase of common stock	0	0
Other	488	(5,453)
Net cash used in financing activities	72	19,163
Effect of exchange rate changes on cash and cash equivalents	0	0
Net decrease in cash and cash equivalents	9,858	11,145
Cash and cash equivalents at beginning of period	54,511	58,737
Cash and cash equivalents at end of period	64,369	69,882
Subsidiary Guarantors [Member]
Cash flows from operating activities:
Net income	50,957	50,272
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	13,305	13,280
Amortization of intangible assets	41	75
Stock-based compensation	0	0
Deferred income taxes	7,735	9,764
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	(5,449)	(880)
Inventories, net	2,675	261
Uniforms and other rental items in service	(842)	(3,864)
Prepaid expenses	(7,416)	(5,478)
Accounts payable	4,147	53,816
Accrued compensation and related liabilities	(8,765)	(12,735)
Accrued liabilities	(11,060)	(4,977)
Income taxes payable	27,252	24,635
Net cash provided by operating activities	72,580	124,169
Cash flows from investing activities:
Capital expenditures	(8,804)	(15,169)
Proceeds from redemption of marketable securities	5,659	0
Purchase of marketable securities and investments	(23,946)	(1,244)
Acquisitions of businesses, net of cash acquired	(1)	0
Other	(103,631)	(126,388)
Net cash used in investing activities	(130,723)	(142,801)
Cash flows from financing activities:
Proceeds from issuance of debt	953	(477)
Repayment of debt	1,016	1,016
Exercise of stock-based compensation awards	0	0
Repurchase of common stock	0	0
Other	0	0
Net cash used in financing activities	1,969	539
Effect of exchange rate changes on cash and cash equivalents	0	0
Net decrease in cash and cash equivalents	(56,174)	(18,093)
Cash and cash equivalents at beginning of period	247,070	229,287
Cash and cash equivalents at end of period	190,896	211,194
Non-Guarantors [Member]
Cash flows from operating activities:
Net income	16,394	3,532
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	3,576	3,217
Amortization of intangible assets	464	898
Stock-based compensation	0	0
Deferred income taxes	(362)	(48)
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	41	3,178
Inventories, net	426	271
Uniforms and other rental items in service	87	545
Prepaid expenses	281	(115)
Accounts payable	(231)	(3,389)
Accrued compensation and related liabilities	(1,815)	(2,532)
Accrued liabilities	(3,355)	(2,767)
Income taxes payable	(491)	(736)
Net cash provided by operating activities	15,015	2,054
Cash flows from investing activities:
Capital expenditures	(3,102)	(5,282)
Proceeds from redemption of marketable securities	29,574	24,720
Purchase of marketable securities and investments	(33,818)	(35,445)
Acquisitions of businesses, net of cash acquired	(19,909)	(787)
Other	(14,662)	(25)
Net cash used in investing activities	(41,917)	(16,819)
Cash flows from financing activities:
Proceeds from issuance of debt	(953)	477
Repayment of debt	0	0
Exercise of stock-based compensation awards	0	0
Repurchase of common stock	0	0
Other	793	(619)
Net cash used in financing activities	(160)	(142)
Effect of exchange rate changes on cash and cash equivalents	(225)	1,247
Net decrease in cash and cash equivalents	(27,287)	(13,660)
Cash and cash equivalents at beginning of period	50,692	51,801
Cash and cash equivalents at end of period	23,405	38,141
Eliminations [Member]
Cash flows from operating activities:
Net income	(93,032)	(77,396)
Adjustments to reconcile net income to net cash provided by 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	(288)	1,763
Uniforms and other rental items in service	879	(1,213)
Prepaid expenses	0	0
Accounts payable	0	0
Accrued compensation and related liabilities	0	0
Accrued liabilities	767	786
Income taxes payable	0	0
Net cash provided by operating activities	(91,674)	(76,060)
Cash flows from investing activities:
Capital expenditures	0	0
Proceeds from redemption of marketable securities	0	0
Purchase of marketable securities and investments	24,890	(810)
Acquisitions of businesses, net of cash acquired	0	0
Other	67,551	77,656
Net cash used in investing activities	92,441	76,846
Cash flows from financing activities:
Proceeds from issuance of debt	0	0
Repayment of debt	(767)	(786)
Exercise of stock-based compensation awards	0	0
Repurchase of common stock	0	0
Other	0	0
Net cash used in financing activities	(767)	(786)
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

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Goodwill, Service Contracts and Other Assets (Information Regarding Service Contracts and Other Assets) (Details) (USD $)	Aug. 31, 2013		May 31, 2013
Information regarding service contracts and other assets
Service contracts, Net	$ 93,119,000		$ 92,153,000
Other Assets, Carrying Amount	202,159,000		202,099,000
Other Assets, Accumulated Amortization	78,727,000		77,709,000
Other Assets, Net	123,432,000		124,390,000
Cash surrender value of insurance policies	72,000,000		73,000,000
Equity method investments	27,700,000		27,600,000
Cost method investments	900,000		900,000
Noncompete and consulting agreements [Member]
Information regarding service contracts and other assets
Other Assets, Carrying Amount	78,833,000		77,863,000
Other Assets, Accumulated Amortization	73,608,000		72,970,000
Other Assets, Net	5,225,000		4,893,000
Investments [Member]
Information regarding service contracts and other assets
Other Assets, Carrying Amount	100,648,000	[1]	101,525,000	[1]
Other Assets, Accumulated Amortization	0	[1]	0	[1]
Other Assets, Net	100,648,000	[1]	101,525,000	[1]
Other [Member]
Information regarding service contracts and other assets
Other Assets, Carrying Amount	22,678,000		22,711,000
Other Assets, Accumulated Amortization	5,119,000		4,739,000
Other Assets, Net	17,559,000		17,972,000
Service Contracts [Member]
Information regarding service contracts and other assets
Service contracts, Carrying Amount	426,391,000		420,499,000
Service contracts, Accumulated Amortization	333,272,000		328,346,000
Service contracts, Net	$ 93,119,000		$ 92,153,000

[1] Investments at August 31, 2013, include the cash surrender value of insurance policies of $72.0 million, equity method investments of $27.7 million and cost method investments of $0.9 million. Investments at May 31, 2013, include the cash surrender value of insurance policies of $73.0 million, equity method investments of $27.6 million and cost method investments of $0.9 million.

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Accumulated Other Comprehensive Income (Loss) (Reclassifications Out of Accumulated Other Comprehensive Income (Loss)) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Aug. 31, 2013	Aug. 31, 2012
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest expense	$ 16,523	$ 16,598
Unrealized Loss on Derivatives [Member] | Reclassification out of accumulated other comprehensive income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest expense	$ 488

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Earnings Per Share (Narrative) (Details) (USD $) In Millions, except Share data, unless otherwise specified	3 Months Ended		24 Months Ended			3 Months Ended	1 Months Ended
	Aug. 31, 2013	Aug. 31, 2012	Oct. 10, 2013	Jul. 30, 2013	Oct. 18, 2011	Aug. 31, 2013 Employee payroll taxes due on restricted stock [Member]	Oct. 10, 2013 Subsequent Event [Member]
Earnings Per Share, Basic and Diluted [Line Items]
Options granted excluded from the computation of diluted earnings per share (shares)	600,000	800,000
Additional amount authorized under share buyback program				500,000,000	500,000,000
Common stock purchased under a share buyback program (shares)	2,100,000		11,400,000			100,000	900,000
Aggregate purchase price of common stock under a share buyback program	$ 100.8		$ 484.6			$ 6.2	$ 46.3
Average price of common stock purchased under a share buyback program (dollars per share)			$ 42.44			$ 47.67

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Supplemental Guarantor Information (Condensed Consolidating Income Statement) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Aug. 31, 2013	Aug. 31, 2012
Revenue:
Rental uniforms and ancillary products	$ 792,866	$ 754,843
Other services	327,477	296,482
Equity in net income of affiliates	0	0
Total revenue	1,120,343	1,051,325
Costs and expenses (income):
Cost of rental uniforms and ancillary products	454,731	428,148
Cost of other services	199,632	177,302
Selling and administrative expenses	325,910	306,581
Operating income	140,070	139,294
Interest income	(68)	(77)
Interest expense (income)	16,523	16,598
Income before income taxes	123,615	122,773
Income taxes	45,861	46,040
Net income	77,754	76,733
Cintas Corporation [Member]
Revenue:
Rental uniforms and ancillary products	0	0
Other services	0	0
Equity in net income of affiliates	77,754	76,733
Total revenue	77,754	76,733
Costs and expenses (income):
Cost of rental uniforms and ancillary products	0	0
Cost of other services	0	0
Selling and administrative expenses	0	0
Operating income	77,754	76,733
Interest income	0	0
Interest expense (income)	0	0
Income before income taxes	77,754	76,733
Income taxes	0	0
Net income	77,754	76,733
Corp. 2 [Member]
Revenue:
Rental uniforms and ancillary products	605,758	576,285
Other services	404,574	369,406
Equity in net income of affiliates	0	0
Total revenue	1,010,332	945,691
Costs and expenses (income):
Cost of rental uniforms and ancillary products	383,719	364,197
Cost of other services	260,595	236,331
Selling and administrative expenses	308,761	290,644
Operating income	57,257	54,519
Interest income	(8)	(18)
Interest expense (income)	16,480	16,566
Income before income taxes	40,785	37,971
Income taxes	15,104	14,379
Net income	25,681	23,592
Subsidiary Guarantors [Member]
Revenue:
Rental uniforms and ancillary products	162,565	152,817
Other services	8,548	10,879
Equity in net income of affiliates	0	0
Total revenue	171,113	163,696
Costs and expenses (income):
Cost of rental uniforms and ancillary products	98,167	89,342
Cost of other services	(3,111)	(2,417)
Selling and administrative expenses	(4,859)	(4,139)
Operating income	80,916	80,910
Interest income	(53)	(35)
Interest expense (income)	44	31
Income before income taxes	80,925	80,914
Income taxes	29,968	30,642
Net income	50,957	50,272
Non-Guarantors [Member]
Revenue:
Rental uniforms and ancillary products	54,965	53,784
Other services	31,386	29,378
Equity in net income of affiliates	0	0
Total revenue	86,351	83,162
Costs and expenses (income):
Cost of rental uniforms and ancillary products	38,556	36,620
Cost of other services	19,064	17,708
Selling and administrative expenses	26,213	24,301
Operating income	2,518	4,533
Interest income	(14,694)	(24)
Interest expense (income)	(1)	1
Income before income taxes	17,213	4,556
Income taxes	819	1,024
Net income	16,394	3,532
Eliminations [Member]
Revenue:
Rental uniforms and ancillary products	(30,422)	(28,043)
Other services	(117,031)	(113,181)
Equity in net income of affiliates	(77,754)	(76,733)
Total revenue	(225,207)	(217,957)
Costs and expenses (income):
Cost of rental uniforms and ancillary products	(65,711)	(62,011)
Cost of other services	(76,916)	(74,320)
Selling and administrative expenses	(4,205)	(4,225)
Operating income	(78,375)	(77,401)
Interest income	14,687	0
Interest expense (income)	0	0
Income before income taxes	(93,062)	(77,401)
Income taxes	(30)	(5)
Net income	$ (93,032)	$ (77,396)

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Segment Information (Tables)

3 Months Ended

Aug. 31, 2013

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
As of and for the three months ended August 31, 2013
Revenue	$	792,866	$	107,462	$	125,875	$	94,140	$	—		$	1,120,343
Income (loss) before income taxes	$	117,393	$	8,681	$	11,446	$	2,550	$	(16,455	)	$	123,615
Total assets	$	2,842,058	$	143,993	$	410,633	$	631,634	$	282,859		$	4,311,177
As of and for the three months ended August 31, 2012
Revenue	$	754,843	$	100,279	$	110,841	$	85,362	$	—		$	1,051,325
Income (loss) before income taxes	$	116,907	$	8,741	$	9,021	$	4,625	$	(16,521	)	$	122,773
Total assets	$	2,779,217	$	125,094	$	359,387	$	563,172	$	330,165		$	4,157,035

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Consolidated Condensed Balance Sheets (Unaudited) (Parenthetical) (USD $)	Aug. 31, 2013	May 31, 2013
Statement of Financial Position [Abstract]
Preferred stock, no par value (dollars per share)	$ 0	$ 0
Preferred stock, shares authorized (shares)	100,000	100,000
Preferred stock, shares outstanding (shares)	0	0
Common stock, no par value (dollars per share)	$ 0	$ 0
Common stock, shares authorized (shares)	425,000,000	425,000,000
Common stock, shares issued (shares)	175,492,504	174,786,010
Common stock, shares outstanding (shares)	120,778,629	122,281,507
Treasury stock, shares (shares)	54,713,875	52,504,503

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Basis of Presentation

3 Months Ended

Aug. 31, 2013

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, 2013.  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.

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.

As disclosed in our Annual Report on Form 10-K for the fiscal year ended May 31, 2013, inventories are valued at the lower of cost (first-in, first-out) or market.  Inventory is comprised of the following amounts: 

(In thousands)	August 31, 2013		May 31, 2013
Raw materials	$	17,389	$	19,800
Work in process	15,712		17,353
Finished goods	212,369		203,287
	$	245,470	$	240,440

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Earnings Per Share

3 Months Ended

Aug. 31, 2013

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
(In thousands except per share data)	August 31, 2013		August 31, 2012
Basic Earnings per Share
Net income	$	77,754	$	76,733
Less: net income allocated to participating unvested securities	460		365
Net income available to common shareholders	$	77,294	$	76,368
Basic weighted average common shares outstanding	122,130		126,110
Basic earnings per common share	$	0.63	$	0.61
Diluted Earnings per Share
Net income	$	77,754	$	76,733
Less: net income allocated to participating unvested securities	460		365
Net income available to common shareholders	$	77,294	$	76,368
Basic weighted average common shares outstanding	122,130		126,110
Effect of dilutive securities – employee stock options	762		348
Diluted weighted average common shares outstanding	122,892		126,458
Diluted earnings per share	$	0.63	$	0.60

For the three months ended August 31, 2013 and 2012, 0.6 million and 0.8 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. On July 30, 2013, we announced that the Board of Directors authorized a new $500.0 million share buyback program, which does not have an expiration date. In the three months ended August 31, 2013, we purchased 2.1 million shares of Cintas common stock for a total purchase price of $100.8 million. In the period subsequent to August 31, 2013 through October 10, 2013, we purchased 0.9 million shares of Cintas common stock for $46.3 million. From the inception of the October 18, 2011 share buyback program through October 10, 2013, Cintas has purchased a total of 11.4 million shares of Cintas common stock at an average price of $42.44 for a total purchase price of $484.6 million. In addition, for the three months endedAugust 31, 2013, Cintas acquired 0.1 million shares of Cintas common stock for employee payroll taxes due on restricted stock awards that vested during the three months endedAugust 31, 2013. These shares were acquired at an average price of $47.67 per share for a total purchase price of $6.2 million.

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New Accounting Pronouncements

3 Months Ended

Aug. 31, 2013

Accounting Policies [Abstract]

New Accounting Pronouncements

New Accounting Pronouncements

In February 2013, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2013-02, "Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income." ASU 2013-02 requires an entity to present (either on the face of the statement where net income is presented or in the notes) the effects on the line items of net income of significant amounts reclassified out of accumulated other comprehensive income if the item reclassified is required under GAAP to be reclassified to net income in its entirety in the same reporting period. For reclassification items not required under GAAP to be reclassified directly to net income in their entirety in the same reporting period, an entity is required to cross-reference to other disclosures currently required under GAAP that provide additional detail about those amounts. ASU 2013-02 applies to all public and private companies that report items of other comprehensive income. ASU 2013-02 is effective for reporting periods beginning after December 15, 2012, with prospective adoption required. The Company adopted ASU 2013-02 effective June 1, 2013. See Note 9 entitled Accumulated Other Comprehensive Income (Loss) of "Notes to Consolidated Condensed Financial Statements" for details of required disclosure.

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Segment Information (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Aug. 31, 2013 segment	Aug. 31, 2012	May 31, 2013
Disclosures related to operating segments
Number of operating segments (segment)	4
Revenue	$ 1,120,343	$ 1,051,325
Income before income taxes	123,615	122,773
Total assets	4,311,177	4,157,035	4,345,632
Rental Uniforms and Ancillary Products [Member]
Disclosures related to operating segments
Revenue	792,866	754,843
Income before income taxes	117,393	116,907
Total assets	2,842,058	2,779,217
Uniform Direct Sales [Member]
Disclosures related to operating segments
Revenue	107,462	100,279
Income before income taxes	8,681	8,741
Total assets	143,993	125,094
First Aid, Safety and Fire Protection [Member]
Disclosures related to operating segments
Revenue	125,875	110,841
Income before income taxes	11,446	9,021
Total assets	410,633	359,387
Document Management [Member]
Disclosures related to operating segments
Revenue	94,140	85,362
Income before income taxes	2,550	4,625
Total assets	631,634	563,172
Corporate [Member]
Disclosures related to operating segments
Revenue	0	0
Income before income taxes	(16,455)	(16,521)
Total assets	$ 282,859	$ 330,165

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Fair Value Measurements (Financial Instruments on a Recurring Basis) (Details) (Fair Value, Measurements, Recurring [Member], USD $) In Thousands, unless otherwise specified	Aug. 31, 2013	May 31, 2013
Level 1 [Member]
Fair value on a recurring basis
Cash and cash equivalents	$ 278,670	$ 352,273
Accounts receivable, net		0
Total assets at fair value	278,670	352,273
Current accrued liabilities	0
Total liabilities at fair value	0
Level 1 [Member] | Canadian treasury securities [Member]
Fair value on a recurring basis
Marketable securities:	0
Level 1 [Member] | U.S. municipal bonds [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
Accounts receivable, net		39
Total assets at fair value	4,189	5,719
Current accrued liabilities	107
Total liabilities at fair value	107
Level 2 [Member] | Canadian treasury securities [Member]
Fair value on a recurring basis
Marketable securities:	4,189
Level 2 [Member] | U.S. municipal bonds [Member]
Fair value on a recurring basis
Marketable securities:		5,680
Level 3 [Member]
Fair value on a recurring basis
Cash and cash equivalents	0	0
Accounts receivable, net		0
Total assets at fair value	0	0
Current accrued liabilities	0
Total liabilities at fair value	0
Level 3 [Member] | Canadian treasury securities [Member]
Fair value on a recurring basis
Marketable securities:	0
Level 3 [Member] | U.S. municipal bonds [Member]
Fair value on a recurring basis
Marketable securities:		0
Fair Value [Member]
Fair value on a recurring basis
Cash and cash equivalents	278,670	352,273
Accounts receivable, net		39
Total assets at fair value	282,859	357,992
Current accrued liabilities	107
Total liabilities at fair value	107
Fair Value [Member] | Canadian treasury securities [Member]
Fair value on a recurring basis
Marketable securities:	4,189
Fair Value [Member] | U.S. municipal bonds [Member]
Fair value on a recurring basis
Marketable securities:		$ 5,680

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Goodwill, Service Contracts and Other Assets (Changes in Carrying Amount of Goodwill) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Aug. 31, 2013
Goodwill [Roll Forward]
Balance at the beginning of the period	$ 1,517,560
Goodwill acquired	13,069
Foreign currency translation	377
Balance at the end of the period	1,531,006
Rental Uniforms and Ancillary Products [Member]
Goodwill [Roll Forward]
Balance at the beginning of the period	944,325
Goodwill acquired	0
Foreign currency translation	(271)
Balance at the end of the period	944,054
Uniform Direct Sales [Member]
Goodwill [Roll Forward]
Balance at the beginning of the period	23,942
Goodwill acquired	0
Foreign currency translation	(7)
Balance at the end of the period	23,935
First Aid, Safety and Fire Protection [Member]
Goodwill [Roll Forward]
Balance at the beginning of the period	216,989
Goodwill acquired	4,866
Foreign currency translation	0
Balance at the end of the period	221,855
Document Management [Member]
Goodwill [Roll Forward]
Balance at the beginning of the period	332,304
Goodwill acquired	8,203
Foreign currency translation	655
Balance at the end of the period	$ 341,162

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Income Taxes (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Aug. 31, 2013
Income Tax Disclosure [Abstract]
Unrecognized tax benefits, period increase	$ 0.2
Unrecognized tax benefits, decrease in accrued interest	0.1
Unrecognized tax benefits could decrease by approximately	0.6
Balance sheet reclass, change in tax regulations	$ 33.6

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Supplemental Guarantor Information (Condensed Consolidating Balance Sheet) (Details) (USD $) In Thousands, unless otherwise specified	Aug. 31, 2013	May 31, 2013	Aug. 31, 2012	May 31, 2012
Current assets:
Cash and cash equivalents	$ 278,670	$ 352,273	$ 319,217	$ 339,825
Marketable securities	4,189	5,680
Accounts receivable, net	511,642	496,049
Inventories, net	245,470	240,440
Uniforms and other rental items in service	500,384	496,752
Income taxes, current	0	9,102
Deferred tax asset (liability)	0	0
Prepaid expenses	31,934	24,530
Total current assets	1,572,289	1,624,826
Property and equipment, at cost, net	991,331	986,703
Goodwill	1,531,006	1,517,560
Service contracts, net	93,119	92,153
Other assets, net	123,432	124,390
Total assets	4,311,177	4,345,632	4,157,035
Current liabilities:
Accounts payable	124,952	121,029
Accrued compensation and related liabilities	43,247	78,050
Accrued liabilities	235,237	271,821
Income taxes, current	23,367	0
Deferred tax liability	80,692	77,169
Long-term debt due within one year	8,200	8,187
Total current liabilities	515,695	556,256
Long-term liabilities:
Long-term debt due after one year	1,300,799	1,300,979
Deferred income taxes	214,221	210,483
Accrued liabilities	84,451	76,422
Total long-term liabilities	1,599,471	1,587,884
Total shareholders’ equity	2,196,011	2,201,492
Total liabilities and shareholders' equity	4,311,177	4,345,632
Cintas Corporation [Member]
Current assets:
Cash and cash equivalents	0	0	0	0
Marketable securities	0	0
Accounts receivable, net	0	0
Inventories, net	0	0
Uniforms and other rental items in service	0	0
Income taxes, current	0	0
Deferred tax asset (liability)	0	0
Prepaid expenses	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	1,692,813	1,698,122
Total assets	1,692,813	1,698,122
Current liabilities:
Accounts payable	(465,247)	(465,247)
Accrued compensation and related liabilities	0	0
Accrued liabilities	0	0
Income taxes, current	0
Deferred tax 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	2,158,060	2,163,369
Total liabilities and shareholders' equity	1,692,813	1,698,122
Corp. 2 [Member]
Current assets:
Cash and cash equivalents	64,369	54,511	69,882	58,737
Marketable securities	0	0
Accounts receivable, net	365,024	355,429
Inventories, net	209,299	201,260
Uniforms and other rental items in service	367,936	363,662
Income taxes, current	0	4,172
Deferred tax asset (liability)	526	534
Prepaid expenses	7,559	7,450
Total current assets	1,014,713	987,018
Property and equipment, at cost, net	631,172	631,480
Goodwill	0	0
Service contracts, net	87,264	88,157
Other assets, net	1,626,975	1,627,505
Total assets	3,360,124	3,334,160
Current liabilities:
Accounts payable	(567,870)	(561,454)
Accrued compensation and related liabilities	30,394	54,591
Accrued liabilities	51,115	67,490
Income taxes, current	1,719
Deferred tax liability	0	0
Long-term debt due within one year	8,470	8,436
Total current liabilities	(476,172)	(430,937)
Long-term liabilities:
Long-term debt due after one year	1,309,934	1,310,384
Deferred income taxes	(6)	(6)
Accrued liabilities	0	0
Total long-term liabilities	1,309,928	1,310,378
Total shareholders’ equity	2,526,368	2,454,719
Total liabilities and shareholders' equity	3,360,124	3,334,160
Subsidiary Guarantors [Member]
Current assets:
Cash and cash equivalents	190,896	247,070	211,194	229,287
Marketable securities	0	5,680
Accounts receivable, net	102,018	96,569
Inventories, net	22,909	25,584
Uniforms and other rental items in service	113,866	113,024
Income taxes, current	(2,166)	3,437
Deferred tax asset (liability)	(526)	(534)
Prepaid expenses	20,324	12,909
Total current assets	447,321	503,739
Property and equipment, at cost, net	254,952	259,586
Goodwill	1,454,846	1,449,445
Service contracts, net	134	166
Other assets, net	2,804,237	2,698,197
Total assets	4,961,490	4,911,133
Current liabilities:
Accounts payable	1,095,369	1,084,986
Accrued compensation and related liabilities	8,877	17,642
Accrued liabilities	174,157	193,261
Income taxes, current	21,648
Deferred tax liability	71,872	68,231
Long-term debt due within one year	(270)	(249)
Total current liabilities	1,371,653	1,363,871
Long-term liabilities:
Long-term debt due after one year	(9,983)	(11,020)
Deferred income taxes	220,463	216,368
Accrued liabilities	83,613	75,571
Total long-term liabilities	294,093	280,919
Total shareholders’ equity	3,295,744	3,266,343
Total liabilities and shareholders' equity	4,961,490	4,911,133
Non-Guarantors [Member]
Current assets:
Cash and cash equivalents	23,405	50,692	38,141	51,801
Marketable securities	4,189	0
Accounts receivable, net	44,600	44,051
Inventories, net	9,720	10,342
Uniforms and other rental items in service	38,312	38,917
Income taxes, current	2,166	1,493
Deferred tax asset (liability)	0	0
Prepaid expenses	4,051	4,171
Total current assets	126,443	149,666
Property and equipment, at cost, net	105,207	95,637
Goodwill	76,160	68,115
Service contracts, net	5,721	3,830
Other assets, net	794,622	768,903
Total assets	1,108,153	1,086,151
Current liabilities:
Accounts payable	24,684	24,728
Accrued compensation and related liabilities	3,976	5,817
Accrued liabilities	9,965	11,837
Income taxes, current	0
Deferred tax liability	8,820	8,938
Long-term debt due within one year	0	0
Total current liabilities	47,445	51,320
Long-term liabilities:
Long-term debt due after one year	848	848
Deferred income taxes	(6,236)	(5,879)
Accrued liabilities	838	851
Total long-term liabilities	(4,550)	(4,180)
Total shareholders’ equity	1,065,258	1,039,011
Total liabilities and shareholders' equity	1,108,153	1,086,151
Eliminations [Member]
Current assets:
Cash and cash equivalents	0	0	0	0
Marketable securities	0	0
Accounts receivable, net	0	0
Inventories, net	3,542	3,254
Uniforms and other rental items in service	(19,730)	(18,851)
Income taxes, current	0	0
Deferred tax asset (liability)	0	0
Prepaid expenses	0	0
Total current assets	(16,188)	(15,597)
Property and equipment, at cost, net	0	0
Goodwill	0	0
Service contracts, net	0	0
Other assets, net	(6,795,215)	(6,668,337)
Total assets	(6,811,403)	(6,683,934)
Current liabilities:
Accounts payable	38,016	38,016
Accrued compensation and related liabilities	0	0
Accrued liabilities	0	(767)
Income taxes, current	0
Deferred tax liability	0	0
Long-term debt due within one year	0	0
Total current liabilities	38,016	37,249
Long-term liabilities:
Long-term debt due after one year	0	767
Deferred income taxes	0	0
Accrued liabilities	0	0
Total long-term liabilities	0	767
Total shareholders’ equity	(6,849,419)	(6,721,950)
Total liabilities and shareholders' equity	$ (6,811,403)	$ (6,683,934)

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Consolidated Condensed Statements of Comprehensive Income (Unaudited) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Aug. 31, 2013		Aug. 31, 2012
Net income	$ 77,754		$ 76,733
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	(646)		7,017
Change in fair value of derivatives	0	[1]	(151)	[1]
Amortization of interest rate lock agreements	488	[2]	488	[2]
Change in fair value of available-for-sale securities	(14)	[3]	(2)	[3]
Other comprehensive (loss) income	(172)		7,352
Comprehensive income	$ 77,582		$ 84,085

[1] Net of less than $0.1 million of tax expense for the three months ended August 31, 2012

[2] Net of less than $0.1 million of tax benefit for the three months ended August 31, 2013 and 2012, respectively.

[3] Net of less than $0.1 million of tax expense for the three months ended August 31, 2013 and 2012, respectively.

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Income Taxes

3 Months Ended

Aug. 31, 2013

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 August 31, 2013, unrecognized tax benefits increased by approximately $0.2 million and accrued interest decreased by approximately $0.1 million.

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 $0.6 million for the fiscal year ending May 31, 2014.

On September 13, 2013, the Internal Revenue Service released final tangible property regulations under Sections 162(a) and 263(a) of the Internal Revenue Code of 1986 (Code), regarding the deduction and capitalization of expenditures related to tangible property. The final regulations replace temporary regulations that were issued in December 2011. Also released were proposed regulations under Section 168 of the Code regarding dispositions of tangible property. These final and proposed regulations will be effective for Cintas' fiscal year ending May 31, 2015. Early adoption is available, and as such, Cintas elected early adoption of the regulations on specific assets (material and supplies) resulting in a gross balance sheet reclassification of $33.6 million in fiscal 2013 between unrecognized tax benefits and the tax deferred (i.e., between long-term accrued liabilities and current deferred taxes on the Consolidated Condensed Balance Sheet). Transition guidance providing the procedural rules to comply with such regulations is expected to be released in the near term. Cintas continues to review the regulations, but does not believe there will be a material impact on Cintas' consolidated financial statements when they are fully adopted.

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Consolidated Condensed Balance Sheets (Unaudited) (USD $) In Thousands, unless otherwise specified	Aug. 31, 2013	May 31, 2013
Current assets:
Cash and cash equivalents	$ 278,670	$ 352,273
Marketable securities	4,189	5,680
Accounts receivable, net	511,642	496,049
Inventories, net	245,470	240,440
Uniforms and other rental items in service	500,384	496,752
Income taxes, current	0	9,102
Prepaid expenses	31,934	24,530
Total current assets	1,572,289	1,624,826
Property and equipment, at cost, net	991,331	986,703
Goodwill	1,531,006	1,517,560
Service contracts, net	93,119	92,153
Other assets, net	123,432	124,390
Total assets	4,311,177	4,345,632
Current liabilities:
Accounts payable	124,952	121,029
Accrued compensation and related liabilities	43,247	78,050
Accrued liabilities	235,237	271,821
Income taxes, current	23,367	0
Deferred tax liability	80,692	77,169
Long-term debt due within one year	8,200	8,187
Total current liabilities	515,695	556,256
Long-term liabilities:
Long-term debt due after one year	1,300,799	1,300,979
Deferred income taxes	214,221	210,483
Accrued liabilities	84,451	76,422
Total long-term liabilities	1,599,471	1,587,884
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 2014: 175,492,504 issued and 120,778,629 outstanding; FY 2013: 174,786,010 issued and 122,281,507 outstanding	217,107	186,332
Paid-in capital	102,961	109,822
Retained earnings	3,795,525	3,717,771
Treasury stock: FY 2014: 54,713,875 shares; FY 2013: 52,504,503 shares	(1,957,533)	(1,850,556)
Accumulated other comprehensive income	37,951	38,123
Total shareholders’ equity	2,196,011	2,201,492
Total liabilities and shareholders' equity	$ 4,311,177	$ 4,345,632

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Consolidated Condensed Statements of Income (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Aug. 31, 2013	Aug. 31, 2012
Revenue:
Rental uniforms and ancillary products	$ 792,866	$ 754,843
Other services	327,477	296,482
Total revenue	1,120,343	1,051,325
Costs and expenses:
Cost of rental uniforms and ancillary products	454,731	428,148
Cost of other services	199,632	177,302
Selling and administrative expenses	325,910	306,581
Operating income	140,070	139,294
Interest income	(68)	(77)
Interest expense	16,523	16,598
Income before income taxes	123,615	122,773
Income taxes	45,861	46,040
Net income	$ 77,754	$ 76,733
Basic earnings per share (dollars per share)	$ 0.63	$ 0.61
Diluted earnings per share (dollars per share)	$ 0.63	$ 0.60

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Fair Value Measurements (Narrative) (Details) (USD $) In Millions, unless otherwise specified	Aug. 31, 2013	May 31, 2013
Fair Value Disclosures [Abstract]
Amortized cost basis, marketable securities	$ 4.2	$ 5.7

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Goodwill, Service Contracts and Other Assets (Tables)

3 Months Ended

Aug. 31, 2013

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 three months endedAugust 31, 2013, 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, 2013	$	944,325		$	23,942		$	216,989	$	332,304	$	1,517,560
Goodwill acquired	—			—			4,866		8,203		13,069
Foreign currency translation	(271		)	(7		)	—		655		377
Balance as of August 31, 2013	$	944,054		$	23,935		$	221,855	$	341,162	$	1,531,006

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, 2013	$	23,135		$	—	$	32,811		$	36,207		$	92,153
Service contracts acquired	—			—		2,876			3,275			6,151
Service contracts amortization	(1,497		)	—		(2,013		)	(1,809		)	(5,319		)
Foreign currency translation	(2		)	—		—			136			134
Balance as of August 31, 2013	$	21,636		$	—	$	33,674		$	37,809		$	93,119

Information regarding service contracts and other assets

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

	As of August 31, 2013
(In thousands)	Carrying Amount		Accumulated Amortization		Net
Service contracts	$	426,391	$	333,272	$	93,119
Noncompete and consulting agreements	$	78,833	$	73,608	$	5,225
Investments (1)	100,648		—		100,648
Other	22,678		5,119		17,559
Total	$	202,159	$	78,727	$	123,432

	As of May 31, 2013
(In thousands)	Carrying Amount		Accumulated Amortization		Net
Service contracts	$	420,499	$	328,346	$	92,153
Noncompete and consulting agreements	$	77,863	$	72,970	$	4,893
Investments (1)	101,525		—		101,525
Other	22,711		4,739		17,972
Total	$	202,099	$	77,709	$	124,390

⁽¹⁾      Investments at August 31, 2013, include the cash surrender value of insurance policies of $72.0 million, equity method investments of $27.7 million and cost method investments of $0.9 million.  Investments at May 31, 2013, include the cash surrender value of insurance policies of $73.0 million, equity method investments of $27.6 million and cost method investments of $0.9 million.

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Supplemental Guarantor Information (Condensed Consolidated Statements of Comprehensive Income) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Aug. 31, 2013		Aug. 31, 2012
Condensed Consolidating Financial Statements
Net income	$ 77,754		$ 76,733
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	(646)		7,017
Change in fair value of derivatives	0	[1]	(151)	[1]
Amortization of interest rate lock agreements	488	[2]	488	[2]
Change in fair value of available-for-sale securities	(14)	[3]	(2)	[3]
Other comprehensive (loss) income	(172)		7,352
Comprehensive income	77,582		84,085
Cintas Corporation [Member]
Condensed Consolidating Financial Statements
Net income	77,754		76,733
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	0		0
Change in fair value of derivatives			0
Amortization of interest rate lock agreements	0		0
Change in fair value of available-for-sale securities	0		0
Other comprehensive (loss) income	0		0
Comprehensive income	77,754		76,733
Corp. 2 [Member]
Condensed Consolidating Financial Statements
Net income	25,681		23,592
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	7		8
Change in fair value of derivatives			(151)
Amortization of interest rate lock agreements	488		488
Change in fair value of available-for-sale securities	0		0
Other comprehensive (loss) income	495		345
Comprehensive income	26,176		23,937
Subsidiary Guarantors [Member]
Condensed Consolidating Financial Statements
Net income	50,957		50,272
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	0		0
Change in fair value of derivatives			0
Amortization of interest rate lock agreements	0		0
Change in fair value of available-for-sale securities	(13)		0
Other comprehensive (loss) income	(13)		0
Comprehensive income	50,944		50,272
Non-Guarantors [Member]
Condensed Consolidating Financial Statements
Net income	16,394		3,532
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	(653)		7,009
Change in fair value of derivatives			0
Amortization of interest rate lock agreements	0		0
Change in fair value of available-for-sale securities	(1)		(2)
Other comprehensive (loss) income	(654)		7,007
Comprehensive income	15,740		10,539
Eliminations [Member]
Condensed Consolidating Financial Statements
Net income	(93,032)		(77,396)
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	0		0
Change in fair value of derivatives			0
Amortization of interest rate lock agreements	0		0
Change in fair value of available-for-sale securities	0		0
Other comprehensive (loss) income	0		0
Comprehensive income	$ (93,032)		$ (77,396)

[1] Net of less than $0.1 million of tax expense for the three months ended August 31, 2012

[2] Net of less than $0.1 million of tax benefit for the three months ended August 31, 2013 and 2012, respectively.

[3] Net of less than $0.1 million of tax expense for the three months ended August 31, 2013 and 2012, respectively.

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Accumulated Other Comprehensive Income (Loss) (Changes in Accumulated Other Comprehensive Income (Loss)) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Aug. 31, 2013	Aug. 31, 2012
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	$ 38,123
Other comprehensive loss before reclassifications	(660)
Amounts reclassified from accumulated other comprehensive loss	488
Other comprehensive (loss) income	(172)	7,352
Ending balance	37,951
Foreign Currency [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	51,312
Other comprehensive loss before reclassifications	(646)
Amounts reclassified from accumulated other comprehensive loss	0
Other comprehensive (loss) income	(646)
Ending balance	50,666
Unrealized Loss on Derivatives [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(14,339)
Other comprehensive loss before reclassifications	0
Amounts reclassified from accumulated other comprehensive loss	488
Other comprehensive (loss) income	488
Ending balance	(13,851)
Other [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	1,150
Other comprehensive loss before reclassifications	(14)
Amounts reclassified from accumulated other comprehensive loss	0
Other comprehensive (loss) income	(14)
Ending balance	$ 1,136

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Goodwill, Service Contracts and Other Assets (Narrative) (Details) (USD $)	3 Months Ended
	Aug. 31, 2013	Aug. 31, 2012
Goodwill, Service Contracts and Other Assets [Abstract]
Amortization expense	$ 5,823,000	$ 6,100,000
Estimated amortization expense, year one	22,400,000
Estimated amortization expense, year two	19,600,000
Estimated amortization expense, year three	14,300,000
Estimated amortization expense, year four	9,100,000
Estimated amortization expense, year five	7,900,000
Cost method investments, losses due to impairment	$ 0	$ 0

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Debt, Derivatives and Hedging Activities (Details) (USD $)	3 Months Ended					0 Months Ended
	Aug. 31, 2013	Aug. 31, 2012	May 31, 2013	Aug. 31, 2013 Unsecured Debt [Member]	May 31, 2013 Unsecured Debt [Member]	Jun. 02, 2012 Notes Due 2012 [Member] Senior Notes [Member]	Jun. 05, 2012 Notes Due 2022 [Member] Senior Notes [Member]
Line of Credit Facility [Line Items]
Long-term debt, carrying amount				$ 1,309,000,000	$ 1,309,200,000
Long-term debt, fair value				1,399,200,000	1,447,100,000
Commercial paper program availability	300,000,000
Revolving credit facility, maximum borrowing capacity with accordion feature	450,000,000
Revolving credit facility amount outstanding	0		0
Repayments of Long-term Debt	167,000	225,154,000				225,000,000
Debt Instrument, Interest Rate, Stated Percentage						6.00%	3.25%
Proceeds from Issuance of Long-term Debt	0	250,000,000					250,000,000
Amortization of interest rate lock agreements	500,000	500,000
Foreign currency derivatives	$ (100,000)		$ 100,000

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Debt, Derivatives and Hedging Activities

3 Months Ended

Aug. 31, 2013

Debt, Derivatives and Hedging Activities [Abstract]

Debt, Derivatives and Hedging Activities

Debt, Derivatives and Hedging Activities

Cintas' senior notes are recorded at cost. The fair value is estimated using Level 2 inputs based on Cintas' current incremental borrowing rate for similar types of borrowing arrangements which is similar to the market approach. The carrying value and fair value of Cintas' long-term debt as of August 31, 2013 were $1,309.0 million and $1,399.2 million, respectively, and as of May 31, 2013 were $1,309.2 million and $1,447.1 million, respectively.

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 at August 31, 2013 or May 31, 2013.

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 for the three months endedAugust 31, 2013 and 2012.

To hedge the exposure of movements in the foreign currency rates, Cintas may use foreign currency hedges. These hedges reduce the impact on cash flows from movements in the foreign currency exchange rates. Examples of foreign currency hedge instruments that Cintas may use are average rate options and forward contracts. Cintas had forward contracts included in current accrued liabilities of $0.1 million as of August 31, 2013. As of May 31, 2013, there were less than $0.1 million of forward contracts included in accounts receivable. These instruments did not impact foreign currency exchange during the three months endedAugust 31, 2013 or 2012.

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 consolidated earnings before interest, taxes, depreciation and amortization (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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Earnings Per Share (Computation of Basic Earnings Per Share) (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Aug. 31, 2013	Aug. 31, 2012
Basic Earnings per Share
Net income	$ 77,754	$ 76,733
Less: net income allocated to participating unvested securities	460	365
Net income available to common shareholders	77,294	76,368
Basic weighted average common shares outstanding (shares)	122,130	126,110
Basic earnings per share (dollars per share)	$ 0.63	$ 0.61
Diluted Earnings per Share
Net income	77,754	76,733
Less: net income allocated to participating unvested securities	460	365
Net income available to common shareholders	$ 77,294	$ 76,368
Basic weighted average common shares outstanding (shares)	122,130	126,110
Effect of dilutive securities - employee stock options (shares)	762	348
Diluted weighted average common shares outstanding (shares)	122,892	126,458
Diluted earnings per share (dollars per share)	$ 0.63	$ 0.60

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Supplemental Guarantor Information (Narrative) (Details) (USD $) In Millions, unless otherwise specified	Aug. 31, 2013
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Long-term notes	$ 1,300.0

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Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Aug. 31, 2013

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

The following table summarizes the changes in the accumulated balances for each component of accumulated other comprehensive income (loss):

(In thousands)	For the Three Months Ended August 31, 2013
	Foreign Currency			Unrealized Loss on Derivatives			Other			Total
Balance at June 1, 2013	$	51,312		$	(14,339	)	$	1,150		$	38,123
Other comprehensive loss before reclassifications	(646		)	—			(14		)	(660		)
Amounts reclassified from accumulated other comprehensive loss	—			488			—			488
Net current period other comprehensive (loss) income	(646		)	488			(14		)	(172		)
Balance at August 31, 2013	$	50,666		$	(13,851	)	$	1,136		$	37,951

The following table summarizes the reclassifications out of accumulated other comprehensive income (loss):

(In thousands)	For the Three Months Ended August 31, 2013
Details about Accumulated Other Comprehensive Income Components	Amount Reclassified from Accumulated Other Comprehensive Loss		Affected Line in the Consolidated Condensed Statements of Income
Amortization of interest rate locks	$	488	Interest Expense

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Goodwill, Service Contracts and Other Assets

3 Months Ended

Aug. 31, 2013

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 three months endedAugust 31, 2013, 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, 2013	$	944,325		$	23,942		$	216,989	$	332,304	$	1,517,560
Goodwill acquired	—			—			4,866		8,203		13,069
Foreign currency translation	(271		)	(7		)	—		655		377
Balance as of August 31, 2013	$	944,054		$	23,935		$	221,855	$	341,162	$	1,531,006

Service Contracts (in thousands)	Rental Uniforms & Ancillary Products			Uniform Direct Sales		First Aid, Safety & Fire Protection			Document Management			Total
Balance as of June 1, 2013	$	23,135		$	—	$	32,811		$	36,207		$	92,153
Service contracts acquired	—			—		2,876			3,275			6,151
Service contracts amortization	(1,497		)	—		(2,013		)	(1,809		)	(5,319		)
Foreign currency translation	(2		)	—		—			136			134
Balance as of August 31, 2013	$	21,636		$	—	$	33,674		$	37,809		$	93,119

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

	As of August 31, 2013
(In thousands)	Carrying Amount		Accumulated Amortization		Net
Service contracts	$	426,391	$	333,272	$	93,119
Noncompete and consulting agreements	$	78,833	$	73,608	$	5,225
Investments (1)	100,648		—		100,648
Other	22,678		5,119		17,559
Total	$	202,159	$	78,727	$	123,432

	As of May 31, 2013
(In thousands)	Carrying Amount		Accumulated Amortization		Net
Service contracts	$	420,499	$	328,346	$	92,153
Noncompete and consulting agreements	$	77,863	$	72,970	$	4,893
Investments (1)	101,525		—		101,525
Other	22,711		4,739		17,972
Total	$	202,099	$	77,709	$	124,390

⁽¹⁾      Investments at August 31, 2013, include the cash surrender value of insurance policies of $72.0 million, equity method investments of $27.7 million and cost method investments of $0.9 million.  Investments at May 31, 2013, include the cash surrender value of insurance policies of $73.0 million, equity method investments of $27.6 million and cost method investments of $0.9 million.

Amortization expense was $5.8 million and $6.1 million for the three months endedAugust 31, 2013 and 2012, respectively.  Estimated amortization expense, excluding any future acquisitions, for each of the next five full fiscal years is $22.4 million, $19.6 million, $14.3 million, $9.1 million and $7.9 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 three months endedAugust 31, 2013 and 2012, no impairment losses were recognized.

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Consolidated Condensed Statements of Cash Flows (Unaudited) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Aug. 31, 2013	Aug. 31, 2012
Cash flows from operating activities:
Net income	$ 77,754	$ 76,733
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	42,571	40,342
Amortization of intangible assets	5,823	6,100
Stock-based compensation	6,984	5,448
Deferred income taxes	7,373	9,716
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	(14,903)	(7,128)
Inventories, net	(5,258)	9,889
Uniforms and other rental items in service	(4,150)	(8,672)
Prepaid expenses	(7,216)	(5,392)
Accounts payable	2,915	16,278
Accrued compensation and related liabilities	(34,777)	(50,793)
Accrued liabilities	(27,215)	(27,400)
Income taxes payable	32,658	29,744
Net cash provided by operating activities	82,559	94,865
Cash flows from investing activities:
Capital expenditures	(37,462)	(47,438)
Proceeds from redemption of marketable securities	35,233	24,720
Purchase of marketable securities and investments	(32,941)	(36,970)
Acquisitions of businesses, net of cash acquired	(32,216)	(2,130)
Other, net	382	577
Net cash used in investing activities	(67,004)	(61,241)
Cash flows from financing activities:
Proceeds from issuance of debt	0	250,000
Repayment of debt	(167)	(225,154)
Proceeds from exercise of stock-based compensation awards	14,085	1,119
Repurchase of common stock	(106,977)	(77,953)
Other, net	4,126	(3,491)
Net cash used in financing activities	(88,933)	(55,479)
Effect of exchange rate changes on cash and cash equivalents	(225)	1,247
Net decrease in cash and cash equivalents	(73,603)	(20,608)
Cash and cash equivalents at beginning of period	352,273	339,825
Cash and cash equivalents at end of period	$ 278,670	$ 319,217

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Goodwill, Service Contracts and Other Assets (Changes in Carrying Amount of Service Contracts) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Aug. 31, 2013
Service contracts [Roll Forward]
Balance at the beginning of the period	$ 92,153
Service contracts acquired	6,151
Service contracts amortization	(5,319)
Foreign currency translation	134
Balance at the end of the period	93,119
Rental Uniforms and Ancillary Products [Member]
Service contracts [Roll Forward]
Balance at the beginning of the period	23,135
Service contracts acquired	0
Service contracts amortization	(1,497)
Foreign currency translation	(2)
Balance at the end of the period	21,636
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	32,811
Service contracts acquired	2,876
Service contracts amortization	(2,013)
Foreign currency translation	0
Balance at the end of the period	33,674
Document Management [Member]
Service contracts [Roll Forward]
Balance at the beginning of the period	36,207
Service contracts acquired	3,275
Service contracts amortization	(1,809)
Foreign currency translation	136
Balance at the end of the period	$ 37,809

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New Accounting Pronouncements (Policies)

3 Months Ended

Aug. 31, 2013

Accounting Policies [Abstract]

New Accounting Pronouncements

In February 2013, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2013-02, "Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income." ASU 2013-02 requires an entity to present (either on the face of the statement where net income is presented or in the notes) the effects on the line items of net income of significant amounts reclassified out of accumulated other comprehensive income if the item reclassified is required under GAAP to be reclassified to net income in its entirety in the same reporting period. For reclassification items not required under GAAP to be reclassified directly to net income in their entirety in the same reporting period, an entity is required to cross-reference to other disclosures currently required under GAAP that provide additional detail about those amounts. ASU 2013-02 applies to all public and private companies that report items of other comprehensive income. ASU 2013-02 is effective for reporting periods beginning after December 15, 2012, with prospective adoption required. The Company adopted ASU 2013-02 effective June 1, 2013. See Note 9 entitled Accumulated Other Comprehensive Income (Loss) of "Notes to Consolidated Condensed Financial Statements" for details of required disclosure.

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Litigation and Other Contingencies

3 Months Ended

Aug. 31, 2013

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 operations 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, the Sixth Circuit Court of Appeals reversed the District Court's opinion and remanded the claims back to the District Court. On April 16, 2013, Cintas filed with the United States Supreme Court a Petition for a Writ of Certiorari seeking to review the judgment of the United States Court of Appeals for the Sixth Circuit.On October 7, 2013, the Court denied Cintas’ Petition, thus remanding the claims back to the District Court consistent with the Sixth Circuit Court’s November 9, 2012 decision.

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/Blanca Nelly 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. On May 30, 2013, the United States Court of Appeals for the Sixth Circuit affirmed the denial of class certification.

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 operations 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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Earnings Per Share (Tables)

3 Months Ended

Aug. 31, 2013

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
(In thousands except per share data)	August 31, 2013		August 31, 2012
Basic Earnings per Share
Net income	$	77,754	$	76,733
Less: net income allocated to participating unvested securities	460		365
Net income available to common shareholders	$	77,294	$	76,368
Basic weighted average common shares outstanding	122,130		126,110
Basic earnings per common share	$	0.63	$	0.61
Diluted Earnings per Share
Net income	$	77,754	$	76,733
Less: net income allocated to participating unvested securities	460		365
Net income available to common shareholders	$	77,294	$	76,368
Basic weighted average common shares outstanding	122,130		126,110
Effect of dilutive securities – employee stock options	762		348
Diluted weighted average common shares outstanding	122,892		126,458
Diluted earnings per share	$	0.63	$	0.60

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Basis of Presentation (Tables)

3 Months Ended

Aug. 31, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of inventory

Inventory is comprised of the following amounts: 

(In thousands)	August 31, 2013		May 31, 2013
Raw materials	$	17,389	$	19,800
Work in process	15,712		17,353
Finished goods	212,369		203,287
	$	245,470	$	240,440

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Document and Entity Information	3 Months Ended
	Aug. 31, 2013	Sep. 30, 2013
Document and Entity Information [Abstract]
Entity Registrant Name	CINTAS CORP
Entity Central Index Key	0000723254
Document Type	10-Q
Document Period End Date	Aug. 31, 2013
Amendment Flag	false
Current Fiscal Year End Date	--05-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		119,889,137
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q1

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Fair Value Measurements (Tables)

3 Months Ended

Aug. 31, 2013

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 August 31, 2013
	Level 1		Level 2		Level 3		Fair Value
Cash and cash equivalents	$	278,670	$	—	$	—	$	278,670
Marketable securities:
Canadian treasury securities	—		4,189		—		4,189
Total assets at fair value	$	278,670	$	4,189	$	—	$	282,859
Current accrued liabilities	$	—	$	107	$	—	$	107
Total liabilities at fair value	$	—	$	107	$	—	$	107

(In thousands)	As of May 31, 2013
	Level 1		Level 2		Level 3		Fair Value
Cash and cash equivalents	$	352,273	$	—	$	—	$	352,273
Marketable securities:
U.S. municipal bonds	—		5,680		—		5,680
Accounts receivable, net	—		39		—		39
Total assets at fair value	$	352,273	$	5,719	$	—	$	357,992