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Earnings per Share - Computation of Basic Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
May. 31, 2015
[1],[2],[3]
Feb. 28, 2015
[1],[2],[3]
Nov. 30, 2014
[1],[2],[3]
Aug. 31, 2014
[1],[2],[3]
May. 31, 2014
[1],[3],[4]
Feb. 28, 2014
[1],[3],[4]
Nov. 30, 2013
[1],[3],[4]
Aug. 31, 2013
[1],[3],[4]
May. 31, 2015
May. 31, 2014
May. 31, 2013
Basic Earnings per Share from Continuing Operations                      
Income from continuing operations $ 101,204 $ 93,636 $ 103,446 $ 109,791 $ 128,105 $ 84,326 $ 84,456 $ 77,398 $ 408,077 $ 374,285 $ 316,586
Less: income from continuing operations allocated to participating securities                 3,877 3,450 2,547
Income from continuing operations available to common shareholders                 $ 404,200 $ 370,835 $ 314,039
Basic weighted average common shares outstanding (shares) 113,666 116,178 117,115 116,659 119,541 119,913 119,907 122,130 115,900 120,377 123,956
Basic earnings per share:                      
Basic earnings (loss) per share, continuing operations (dollars per share) $ 0.88 $ 0.80 $ 0.87 $ 0.94 $ 1.05 $ 0.70 $ 0.70 $ 0.63 $ 3.49 $ 3.08 $ 2.54
[1] As a result of the Shredding Transaction, Cintas no longer includes Shredding results in its reported revenue, gross margin and operating income. After April 30, 2014, Cintas recognized its share of the Shred-it Partnership income, net of tax, in net income from continuing operations and diluted earnings per share ("EPS") from continuing operations. As a result of its investment in the Shred-it Partnership, Cintas recognized a net loss of $5.5 million and a net gain of $1.2 million during the years end May 31, 2015 and 2014, respectively.
[2] During the fiscal 2015 first quarter, Cintas recognized a gain on the sale of stock in an equity method investment in the net amount of $13.6 million. In the fiscal 2015 first quarter, Cintas also recorded an net gain of $4.1 million, related to the Shredding Transaction completed in fiscal 2014 as a result of receiving certain additional proceeds. Finally, in the fourth quarter of fiscal 2015, Cintas recorded a net loss of $1.0 million related to the Shredding Transaction completed in fiscal 2014 due to the settlement of an outstanding Shredding-related legal claim.
[3] The figures for both fiscal 2015 and 2014 reflect the change in classification of Storage to discontinued operations within the Consolidated Statements of Income. See Note 17 entitled Discontinued Operations for additional information.
[4] In accordance with GAAP, the fiscal 2014 Shredding revenue, gross margin, operating income, net income and EPS must continue to be included in the reported fiscal 2014 results because of Cintas' continuing ownership in the Shred-it Partnership. In addition, the fiscal 2014 results also included the following related to the Shredding Transaction: a $106.4 million gain on deconsolidation of Shredding, an asset impairment charge of $16.1 million and transaction costs of $28.5 million. All of these impacts were recorded in the fourth quarter except for $2.2 million of transaction costs that were recorded in the third quarter. Please see Note 9 entitled Acquisitions and Deconsolidations for additional information on the transaction.