Supplemental Guarantor Information (Tables)

3 Months Ended

Aug. 31, 2016

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Consolidating Income Statement

Three Months Ended August 31, 2016

(In thousands)



	Cintas Corporation		Corp. 2		Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated

Revenue:
Uniform rental and facility services	$	—	$	837,274	$	149,148		$	57,663		$	(44,489	)	$	999,596
Other	—		410,248		968			18,875			(135,557		)	294,534
Equity in net income of affiliates	138,091		—		—			—			(138,091		)	—
	138,091		1,247,522		150,116			76,538			(318,137		)	1,294,130
Costs and expenses (income):
Cost of uniform rental and facility services	—		479,056		90,672			37,114			(65,910		)	540,932
Cost of other	—		280,024		(14,931		)	13,828			(109,497		)	169,424
Selling and administrative expenses	—		411,934		(50,734		)	20,265			(7,439		)	374,026
G&K Services, Inc. acquisition expenses	—		—		2,787			—			—			2,787
Operating income	138,091		76,508		122,322			5,331			(135,291		)	206,961

Interest income	—		—		(17		)	(48		)	—			(65		)
Interest expense (income)	—		14,827		(702		)	47			—			14,172

Income before income taxes	138,091		61,681		123,041			5,332			(135,291		)	192,854
Income taxes	—		17,810		35,526			1,453			(26		)	54,763

Net income from continuing operations	$	138,091	$	43,871	$	87,515		$	3,879		$	(135,265	)	$	138,091

Condensed Consolidating Income Statement

Three Months Ended August 31, 2015

(In thousands)



	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated

Revenue:
Uniform rental and facility services	$	—		$	787,169		$	136,425		$	54,012		$	(39,198	)	$	938,408
Other	—			372,611			1,293			14,811			(128,233		)	260,482
Equity in net income of affiliates	106,198			—			—			—			(106,198		)	—
	106,198			1,159,780			137,718			68,823			(273,629		)	1,198,890
Costs and expenses (income):
Cost of uniform rental and facility services	—			455,207			86,198			35,820			(58,722		)	518,503
Cost of other	—			258,990			(14,256		)	11,106			(99,597		)	156,243
Selling and administrative expenses	—			369,693			(41,472		)	17,880			(7,464		)	338,637
Operating income	106,198			75,890			107,248			4,017			(107,846		)	185,507

Interest income	—			—			(48		)	(71		)	—			(119		)
Interest expense (income)	—			16,375			38			(1		)	—			16,412

Income before income taxes	106,198			59,515			107,258			4,089			(107,846		)	169,214
Income taxes	—			22,382			39,403			1,256			(25		)	63,016
Income from continuing operations	106,198			37,133			67,855			2,833			(107,821		)	106,198

Loss from discontinued operations, net of tax	(6,017		)	(5,323		)	—			(694		)	6,017			(6,017		)

Net income	$	100,181		$	31,810		$	67,855		$	2,139		$	(101,804	)	$	100,181

Condensed Consolidating Statement of Comprehensive Income

Three Months Ended August 31, 2016

(In thousands)



	Cintas Corporation			Corp. 2			Subsidiary Guarantors		Non- Guarantors			Eliminations			Cintas Corporation Consolidated

Net income	$	138,091		$	43,871		$	87,515	$	3,879		$	(135,265	)	$	138,091

Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	115			—			—		115			(115		)	115
Change in fair value of derivatives	(12,037		)	(12,037		)	—		—			12,037			(12,037		)
Amortization of interest rate lock agreements	385			385			—		—			(385		)	385
Change in fair value of available-for-sale securities	(1		)	—			—		(1		)	1			(1		)

Other comprehensive (loss) income	(11,538		)	(11,652		)	—		114			11,538			(11,538		)

Comprehensive income	$	126,553		$	32,219		$	87,515	$	3,993		$	(123,727	)	$	126,553

Condensed Consolidating Statement of Comprehensive Income

Three Months Ended August 31, 2015

(In thousands)



	Cintas Corporation		Corp. 2		Subsidiary Guarantors		Non- Guarantors			Eliminations			Cintas Corporation Consolidated

Net income	$	100,181	$	31,810	$	67,855	$	2,139		$	(101,804	)	$	100,181

Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	—		—		—		(12,013		)	—			(12,013		)
Amortization of interest rate lock agreements	—		488		—		—			—			488
Change in fair value of available-for-sale securities	—		—		—		(8		)	—			(8		)

Other comprehensive income (loss)	—		488		—		(12,021		)	—			(11,533		)

Comprehensive income (loss)	$	100,181	$	32,298	$	67,855	$	(9,882	)	$	(101,804	)	$	88,648

Condensed Consolidating Balance Sheet

As of August 31, 2016

(In thousands)



	Cintas Corporation			Corp. 2			Subsidiary Guarantors		Non- Guarantors			Eliminations			Cintas Corporation Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	37,205		$	38,230	$	23,774		$	—		$	99,209
Marketable securities	—			—			—		64,558			—			64,558
Accounts receivable, net	—			452,028			98,129		36,215			—			586,372
Inventories, net	—			234,154			17,343		11,968			(1,309		)	262,156
Uniforms and other rental items in service	—			449,115			75,719		36,607			(19,317		)	542,124
Prepaid expenses and other current assets	—			15,512			23,698		1,119			—			40,329
Total current assets	—			1,188,014			253,119		174,241			(20,626		)	1,594,748

Property and equipment, at cost, net	—			632,073			324,484		76,603			—			1,033,160

Investments	321,083			1,774,464			917,468		955,196			(3,827,335		)	140,876
Goodwill	—			—			1,257,747		40,740			(112		)	1,298,375
Service contracts, net	—			79,143			9		5,640			—			84,792
Other assets, net	1,201,072			(460		)	3,545,468		9,022			(4,739,908		)	15,194
	$	1,522,155		$	3,673,234		$	6,298,295	$	1,261,442		$	(8,587,981	)	$	4,167,145

Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	(465,247	)	$	(1,843,480	)	$	2,385,059	$	15,198		$	38,120		$	129,650
Accrued compensation and related liabilities	—			47,584			12,881		4,227			—			64,692
Accrued liabilities	—			64,603			235,678		13,607			—			313,888
Income taxes, current	—			4,797			34,446		(414		)	—			38,829
Debt due within one year	—			163,800			—		—			—			163,800
Total current liabilities	(465,247		)	(1,562,696		)	2,668,064		32,618			38,120			710,859

Long-term liabilities:
Debt due after one year	—			1,044,238			—		390			—			1,044,628
Deferred income taxes	—			(427		)	248,215		7,592			—			255,380
Accrued liabilities	—			38,827			129,065		984			—			168,876
Total long-term liabilities	—			1,082,638			377,280		8,966			—			1,468,884
Total shareholders’ equity	1,987,402			4,153,292			3,252,951		1,219,858			(8,626,101		)	1,987,402
	$	1,522,155		$	3,673,234		$	6,298,295	$	1,261,442		$	(8,587,981	)	$	4,167,145

Condensed Consolidating Balance Sheet

As of May 31, 2016

(In thousands)



	Cintas Corporation			Corp. 2			Subsidiary Guarantors		Non- Guarantors		Eliminations			Cintas Corporation Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	57,893		$	55,392	$	26,072	$	—		$	139,357
Marketable securities	—			—			—		70,405		—			70,405
Accounts receivable, net	—			430,335			97,516		35,327		—			563,178
Inventories, net	—			222,823			19,149		11,235		(3,845		)	249,362
Uniforms and other rental items in service	—			450,065			73,001		36,612		(19,722		)	539,956
Income taxes, current	—			(1,634		)	2,698		648		—			1,712
Prepaid expenses and other current assets	—			6,824			18,279		962		—			26,065
Total current assets	—			1,166,306			266,035		181,261		(23,567		)	1,590,035

Property and equipment, at cost, net	—			614,656			305,636		73,945		—			994,237

Investments	321,083			1,770,303			901,772		941,396		(3,809,602		)	124,952
Goodwill	—			—			1,256,662		35,043		(112		)	1,291,593
Service contracts, net	—			81,462			13		2,240		—			83,715
Other assets, net	1,081,203			(913		)	3,526,051		9,110		(4,601,168		)	14,283
	$	1,402,286		$	3,631,814		$	6,256,169	$	1,242,995	$	(8,434,449	)	$	4,098,815

Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	(465,247	)	$	(1,773,815	)	$	2,298,790	$	16,781	$	38,005		$	114,514
Accrued compensation and related liabilities	—			73,545			23,051		5,380		—			101,976
Accrued liabilities	—			84,270			251,217		13,578		—			349,065
Debt due within one year	—			250,000			—		—		—			250,000
Total current liabilities	(465,247		)	(1,366,000		)	2,573,058		35,739		38,005			815,555

Long-term liabilities:
Debt due after one year	—			1,044,032			—		390		—			1,044,422
Deferred income taxes	—			(427		)	252,149		7,753		—			259,475
Accrued liabilities	—			19,628			116,091		985		—			136,704
Total long-term liabilities	—			1,063,233			368,240		9,128		—			1,440,601
Total shareholders’ equity	1,867,533			3,934,581			3,314,871		1,198,128		(8,472,454		)	1,842,659
	$	1,402,286		$	3,631,814		$	6,256,169	$	1,242,995	$	(8,434,449	)	$	4,098,815

Condensed Consolidating Statement of Cash Flows

Three Months Ended August 31, 2016

(In thousands)



	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated

Cash flows from operating activities:
Net income	$	138,091		$	43,871		$	87,515		$	3,879		$	(135,265	)	$	138,091
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Depreciation	—			25,755			11,441			2,483			—			39,679
Amortization of intangible assets	—			3,194			88			207			—			3,489
Stock-based compensation	20,779			—			—			—			—			20,779
Deferred income taxes	—			(1,050		)	3,227			(207		)	—			1,970
Changes in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	—			(21,693		)	(612		)	(641		)	—			(22,946		)
Inventories, net	—			(11,331		)	1,807			(957		)	(2,536		)	(13,017		)
Uniforms and other rental items in service	—			950			(2,718		)	301			(405		)	(1,872		)
Prepaid expenses and other current assets	—			(63		)	(5,419		)	(173		)	—			(5,655		)
Accounts payable	—			(58,018		)	74,361			1,022			115			17,480
Accrued compensation and related liabilities	—			(25,961		)	(10,170		)	(1,145		)	—			(37,276		)
Accrued liabilities and other	—			(2,906		)	(19,352		)	(1,418		)	—			(23,676		)
Income taxes, current	—			3,163			37,145			234			—			40,542
Net cash provided by (used in) operating activities	158,870			(44,089		)	177,313			3,585			(138,091		)	157,588

Cash flows from investing activities:
Capital expenditures	—			(43,130		)	(30,268		)	(5,182		)	—			(78,580		)
Proceeds from redemption of marketable securities	—			—			—			109,612			—			109,612
Purchase of marketable securities and investments	—			(4,161		)	(29,496		)	(103,805		)	17,733			(119,729		)
Acquisitions of businesses, net of cash acquired	—			(905		)	60			(10,146		)	—			(10,991		)
Other, net	(156,282		)	166,037			(132,771		)	1,740			120,358			(918		)
Net cash (used in) provided by investing activities	(156,282		)	117,841			(192,475		)	(7,781		)	138,091			(100,606		)

Cash flows from financing activities:
Proceeds from issuance of commercial paper, net	—			163,800			—			—			—			163,800
Proceeds from issuance of debt	—			—			(2,000		)	2,000			—			—
Repayment of debt	—			(250,000		)	—			—			—			(250,000		)
Prepaid short-term debt financing fees	—			(8,625		)	—			—			—			(8,625		)
Exercise of stock-based compensation awards	16,282			—			—			—			—			16,282
Repurchase of common stock	(18,870		)	—			—			—			—			(18,870		)
Other, net	—			385			—			—			—			385
Net cash (used in) provided by financing activities	(2,588		)	(94,440		)	(2,000		)	2,000			—			(97,028		)

Effect of exchange rate changes on cash and cash equivalents	—			—			—			(102		)	—			(102		)

Net decrease in cash and cash equivalents	—			(20,688		)	(17,162		)	(2,298		)	—			(40,148		)
Cash and cash equivalents at beginning of period	—			57,893			55,392			26,072			—			139,357
Cash and cash equivalents at end of period	$	—		$	37,205		$	38,230		$	23,774		$	—		$	99,209

Condensed Consolidating Statement of Cash Flows

Three Months Ended August 31, 2015

(In thousands)



	Cintas Corporation			Corp. 2			Subsidiary Guarantors			Non- Guarantors			Eliminations			Cintas Corporation Consolidated

Cash flows from operating activities:
Net income	$	100,181		$	31,810		$	67,855		$	2,139		$	(101,804	)	$	100,181
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Depreciation	—			22,677			11,090			2,398			—			36,165
Amortization of intangible assets	—			3,513			40			50			—			3,603
Stock-based compensation	23,917			—			—			—			—			23,917
Gain on Storage transaction	—			(4,843		)	—			—			—			(4,843		)
Loss on Shred-it	—			13,427			—			1,089			—			14,516
Deferred income taxes	—			23			5,782			(173		)	—			5,632
Changes in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	—			(20,532		)	(250		)	1,527			—			(19,255		)
Inventories, net	—			(8,855		)	(1,131		)	(334		)	2,211			(8,109		)
Uniforms and other rental items in service	—			(2,164		)	(1,498		)	(700		)	(577		)	(4,939		)
Prepaid expenses and other current assets	—			(159		)	(5,939		)	74			—			(6,024		)
Accounts payable	—			31,253			(17,508		)	1,802			(16		)	15,531
Accrued compensation and related liabilities	—			(26,303		)	(7,846		)	(1,430		)	—			(35,579		)
Accrued liabilities and other	—			(2,444		)	(22,306		)	(2,227		)	724			(26,253		)
Income taxes, current	—			8,799			39,843			(102		)	—			48,540
Net cash provided by operating activities	124,098			46,202			68,132			4,113			(99,462		)	143,083

Cash flows from investing activities:
Capital expenditures	—			(32,661		)	(26,651		)	(3,319		)	—			(62,631		)
Proceeds from redemption of marketable securities	—			—			—			152,907			—			152,907
Purchase of marketable securities and investments	—			2,215			(10,148		)	(192,097		)	4,010			(196,020		)
Proceeds from Storage transaction	—			24,395			—			—			—			24,395
Acquisitions of businesses, net of cash acquired	—			(96,353		)	—			(25,081		)	—			(121,434		)
Other, net	85,656			55,473			(235,508		)	(876		)	96,176			921
Net cash provided by (used in) investing activities	85,656			(46,931		)	(272,307		)	(68,466		)	100,186			(201,862		)

Cash flows from financing activities:
Proceeds from issuance of debt	—			—			(55		)	55			—			—
Repayment of debt	—			(309		)	853			164			(724		)	(16		)
Exercise of stock-based compensation awards	11,844			—			—			—			—			11,844
Repurchase of common stock	(221,598		)	—			—			—			—			(221,598		)
Other, net	—			488			—			(437		)	—			51
Net cash (used in) provided by financing activities	(209,754		)	179			798			(218		)	(724		)	(209,719		)

Effect of exchange rate changes on cash and cash equivalents	—			—			—			(1,715		)	—			(1,715		)

Net decrease in cash and cash equivalents	—			(550		)	(203,377		)	(66,286		)	—			(270,213		)
Cash and cash equivalents at beginning of period	—			74,632			248,716			93,725			—			417,073
Cash and cash equivalents at end of period	$	—		$	74,082		$	45,339		$	27,439		$	—		$	146,860