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Consolidated Condensed Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Feb. 28, 2017
Feb. 29, 2016
Feb. 28, 2017
Feb. 29, 2016
Revenue:        
Uniform rental and facility services $ 993,398 $ 936,565 $ 2,998,559 $ 2,812,677
Other 287,737 279,518 873,629 821,376
Total revenue 1,281,135 1,216,083 3,872,188 3,634,053
Costs and expenses:        
Cost of uniform rental and facility services 546,538 524,656 1,643,222 1,569,250
Cost of other 168,173 166,819 507,341 488,651
Selling and administrative expenses 362,385 331,656 1,101,633 997,344
G&K Services, Inc. transaction expenses 9,344 0 15,478 0
Operating income 194,695 192,952 604,514 578,808
Interest income (11) (335) (107) (565)
Interest expense 13,696 16,163 41,135 48,746
Income before income taxes 181,010 177,124 563,486 530,627
Income taxes 62,363 59,845 183,294 191,697
Income from continuing operations 118,647 117,279 380,192 338,930
(Loss) income from discontinued operations, net of tax expense of $1,098, tax benefit of $741 and tax expense of $10,051 and $142,235, respectively (642) 62 16,281 223,692
Net income $ 118,005 $ 117,341 $ 396,473 $ 562,622
Basic earnings (loss) per share:        
Continuing operations (dollars per share) $ 1.11 $ 1.07 $ 3.56 $ 3.06
Discontinued operations (in dollars per share) (0.01) 0.00 0.15 2.02
Basic earnings per share (dollars per share) 1.10 1.07 3.71 5.08
Diluted earnings (loss) per share:        
Continuing operations (dollars per share) 1.08 1.05 3.47 3.01
Discontinued operations (in dollars per share) (0.01) 0.00 0.15 1.99
Diluted earnings per share (dollars per share) 1.07 1.05 3.62 5.00
Dividends declared per share (dollars per share) $ 0 $ 0 $ 1.33 $ 1.05