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Discontinued Operations (Tables)
 12 Months Ended
May 31, 2017
Discontinued Operations and Disposal Groups [Abstract]  
Summary Information Regarding the Shred-it Partnership's Financial Position
Cintas provides the following unaudited summary information regarding the Shred-it Partnership's results of operations for the twelve months ended April 30, 2015:
Summary Income Statement Information
For the 12 Months Ended
(in thousands)
April 30, 2015
 
 
Net sales
$
695,628

Gross profit
$
432,532

Net income
$
10,385
Schedule of Discontinued Operations
Following is selected financial information included in net income from discontinued operations for the Discontinued Services, Shredding and Storage businesses:
(In thousands)
2017
 
2016(1)
 
2015(1)
 
 
 
 
 
 
Revenue
$
105,559

 
$
109,686

 
$
138,584

 
 
 
 
 
 
Income before income taxes, excluding gains (losses) from sale transactions and investments
10,622

 
13,242

 
9,253

 
 
 
 
 
 
Gain on Storage transactions
2,400

 
15,786

 
38,573

Gain (loss) on Shred-it
25,457

 
354,071

 
(3,851
)
Income tax expense
(15,057
)
 
(138,184
)
 
(15,910
)
Net income from discontinued operations
$
23,422

 
$
244,915

 
$
28,065


(1) Results for the fiscal years ended May 31, 2016 and 2015 related to Discontinued Services were previously presented in continuing operations and were reclassified to discontinued operations as previously discussed.