XML 20 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2018
May 31, 2017
Current assets:    
Cash and cash equivalents $ 138,724 $ 169,266
Marketable securities 0 22,219
Accounts receivable, principally trade, less allowance of $33,510 and $20,525, respectively 804,583 736,008
Inventories, net 280,347 278,218
Uniforms and other rental items in service 702,261 635,702
Income taxes, current 19,634 44,320
Prepaid expenses and other current assets 32,383 30,132
Assets held for sale 0 38,613
Total current assets 1,977,932 1,954,478
Property and equipment, net 1,382,730 1,323,501
Investments 175,581 [1] 164,788 [2]
Goodwill 2,846,888 2,782,335
Service contracts, net 545,768 586,988
Other assets, net 29,315 31,967
Total assets 6,958,214 6,844,057
Current liabilities:    
Accounts payable 215,074 177,051
Accrued compensation and related liabilities 140,654 149,635
Accrued liabilities 420,129 429,809
Liabilities held for sale 0 11,457
Debt due within one year 0 362,900
Total current liabilities 775,857 1,130,852
Long-term liabilities:    
Debt due after one year 2,535,309 2,770,624
Deferred income taxes 352,581 469,328
Accrued liabilities 277,941 170,460
Total long-term liabilities 3,165,831 3,410,412
Shareholders' equity:    
Preferred stock, no par value: 100,000 shares authorized, none outstanding 0 0
Common stock, no par value: 425,000,000 shares authorized, 2018: 182,723,471 shares issued and 106,326,383 shares outstanding, 2017: 180,992,605 shares issued and 105,400,629 shares outstanding 618,464 485,068
Paid-in capital 245,211 223,924
Retained earnings 5,837,827 5,170,830
Treasury stock: 2018: 76,397,088 shares, 2017: 75,591,976 shares (3,701,319) (3,574,000)
Accumulated other comprehensive income (loss) 16,343 (3,029)
Total shareholders' equity 3,016,526 2,302,793
Total liabilities and shareholders' equity $ 6,958,214 $ 6,844,057
[1] Investments include inter company investment activity. Corp 2 and Subsidiary Guarantors hold $17.6 million and $158.0 million, respectively, of the $175.6 million consolidated net investments.
[2] Investments include inter company investment activity. Corp 2 and Subsidiary Guarantors hold $29.0 million and $135.8 million, respectively, of the $164.8 million consolidated net investments.