Goodwill, Service Contracts and Other Assets

Changes in the carrying amount of goodwill and service contracts for the three months ended August 31, 2017, by reportable operating segment and All Other, are as follows:



Goodwill (in thousands)	Uniform Rental and Facility Services		First Aid and Safety Services		All Other		Total

Balance as of June 1, 2017	$	2,448,070	$	243,112	$	91,153	$	2,782,335
Goodwill acquired⁽¹⁾	24,837		72		—		24,909
Foreign currency translation	1,646		1,552		62		3,260
Balance as of August 31, 2017	$	2,474,553	$	244,736	$	91,215	$	2,810,504

⁽¹⁾Adjustments to the G&K preliminary purchase price allocation represent $24.8 million of the acquired goodwill in the Uniform Rental and Facility Services reportable operating segment. See Note 9 entitled Acquisitions for more information.



Service Contracts (in thousands)	Uniform Rental and Facility Services			First Aid and Safety Services			All Other			Total

Balance as of June 1, 2017	$	529,923		$	30,062		$	27,003		$	586,988
Service contracts acquired	32			411			12			455
Service contracts amortization	(10,334		)	(958		)	(1,179		)	(12,471		)
Foreign currency translation	6,486			173			—			6,659
Balance as of August 31, 2017	$	526,107		$	29,688		$	25,836		$	581,631

Information regarding Cintas’ service contracts and other assets is as follows:



	As of August 31, 2017
(In thousands)	Carrying Amount		Accumulated Amortization		Net

Service contracts	$	920,101	$	338,470	$	581,631

Noncompete and consulting agreements	$	40,918	$	39,516	$	1,402
Other	35,419		6,194		29,225
Total other assets	$	76,337	$	45,710	$	30,627



	As of May 31, 2017
(In thousands)	Carrying Amount		Accumulated Amortization		Net

Service contracts	$	911,273	$	324,285	$	586,988

Noncompete and consulting agreements	$	40,743	$	39,244	$	1,499
Other	34,890		4,422		30,468
Total other assets	$	75,633	$	43,666	$	31,967

Amortization expense for service contracts and other assets for continuing operations was $14.1 million and $3.2 million for the three months ended August 31, 2017 and 2016, respectively. Estimated amortization expense for service contracts and other assets excluding any future acquisitions, for each of the next five full fiscal years is $61.4 million, $60.9 million, $59.5 million, $53.7 million and $51.7 million, respectively. The increase in amortization expense in the current year and for the next five years over past fiscal years is the result of the G&K acquisition.