Segment Information

9 Months Ended

Feb. 29, 2016

Segment Reporting [Abstract]

Segment Information

Segment Information

GAAP requires companies to evaluate their reportable operating segments periodically and when certain events occur. As a result of a recent evaluation, effective June 1, 2015, Cintas realigned its organizational structure and updated its reportable operating segments in light of certain changes in its business including the acquisition of ZEE in the first quarter of fiscal 2016. Cintas’ updated reportable operating segments are Uniform Rental and Facility Services and First Aid and Safety Services. The Uniform Rental and Facility Services reportable 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, carpet and tile cleaning services and the sale of items from our catalogs to our customers on route are included within this reportable operating segment. The First Aid and Safety Services reportable operating segment consists of first aid and safety products and services. The remainder of Cintas’ business, which consists primarily of Fire Protection Services and its Direct Sale business, is included in All Other. All prior fiscal year results presented in the table below have been recasted to reflect these new segments.

Prior to June 1, 2015, Cintas classified its business into the following three reportable operating segments: The Rental Uniforms and Ancillary Products operating segment consisted 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 were also provided within this operating segment. The Uniform Direct Sales operating segment consisted of the direct sale of uniforms and related items. The First Aid, Safety and Fire Protection Services operating segment consisted of first aid, safety and fire protection products and 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)	Uniform Rental and Facility Services		First Aid and Safety Services		All Other		Corporate (1)			Total
For the three months ended February 29, 2016
Revenue	$	936,565	$	119,064	$	160,454	$	—		$	1,216,083
Income (loss) before income taxes	$	167,502	$	12,634	$	12,816	$	(15,828	)	$	177,124
For the three months ended February 28, 2015
Revenue	$	883,401	$	79,471	$	145,975	$	—		$	1,108,847
Income (loss) before income taxes	$	152,165	$	11,298	$	10,154	$	(16,158	)	$	157,459
As of and for the nine months ended February 29, 2016
Revenue	$	2,812,677	$	338,990	$	482,386	$	—		$	3,634,053
Income (loss) before income taxes	$	502,178	$	36,073	$	40,557	$	(48,181	)	$	530,627
Total assets	$	3,050,138	$	436,390	$	357,863	$	386,819		$	4,231,210
As of and for the nine months ended February 28, 2015
Revenue	$	2,648,574	$	241,666	$	444,063	$	—		$	3,334,303
Income (loss) before income taxes	$	456,548	$	32,222	$	29,918	$	(26,859	)	$	491,829
Total assets	$	2,908,813	$	264,357	$	340,705	$	752,471		$	4,266,346

⁽¹⁾ Corporate assets include cash and marketable securities in all periods. Corporate assets as of February 28, 2015 include the investment in Shred-it and the Storage assets that were classified as held for sale.