XML 86 R15.htm IDEA: XBRL DOCUMENT v3.2.0.727
Leases
12 Months Ended
May. 31, 2015
Leases [Abstract]  
Leases
Leases
Cintas conducts certain operations from leased facilities and leases certain equipment. Most leases contain renewal options for periods from 1 to 10 years. The lease agreements provide for increases in rent expense if the options are exercised based on increases in certain price level factors or other prearranged factors. Step rent provisions, escalation clauses, capital improvements funding and other lease concessions are taken into account in computing minimum lease payments. Minimum lease payments are recognized on a straight-line basis over the minimum lease term. Lease payments are not dependent on an existing index or rate and are not included in minimum lease payments. It is anticipated that expiring leases will be renewed or replaced.
The minimum rental payments under noncancelable lease arrangements for each of the next five years and thereafter are $27.0 million, $21.2 million, $16.9 million, $11.1 million, $7.6 million and $14.9 million, respectively.
Rent expense for continuing operations under operating leases during the fiscal years ended May 31, 2015, 2014 and 2013, was $34.9 million, $43.5 million and $41.9 million, respectively.