XML 37 R26.htm IDEA: XBRL DOCUMENT v3.10.0.1
Goodwill, Service Contracts and Other Assets (Tables)
3 Months Ended
Aug. 31, 2018
Goodwill, Service Contracts and Other Assets [Abstract]  
Changes in Carrying Amount of Goodwill by Operating Segment
Changes in the carrying amount of goodwill and service contracts for the three months ended August 31, 2018, 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, 2018
$
2,505,476

 
$
244,279

 
$
97,133

 
$
2,846,888

Goodwill acquired

 

 
4,964

 
4,964

Foreign currency translation
(1,631
)
 
(129
)
 
(10
)
 
(1,770
)
Balance as of August 31, 2018
$
2,503,845

 
$
244,150

 
$
102,087

 
$
2,850,082

Changes in the Carrying Amount of Service Contracts by Operating Segment
Service Contracts (in thousands)
Uniform Rental
 and Facility Services
 
First Aid
 and Safety Services
 
All
Other
 
Total
 
 

 
 

 
 

 
 

Balance as of June 1, 2018
$
492,067

 
$
27,294

 
$
26,407

 
$
545,768

Service contracts acquired

 
13

 
4,620

 
4,633

Service contracts amortization
(11,729
)
 
(963
)
 
(1,334
)
 
(14,026
)
Foreign currency translation
(497
)
 
(13
)
 

 
(510
)
Balance as of August 31, 2018
$
479,841

 
$
26,331

 
$
29,693

 
$
535,865

Information Regarding Service Contracts and Other Assets
Information regarding Cintas’ service contracts and other assets is as follows:
 
As of August 31, 2018
(In thousands)
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
 
 
 
 
 
Service contracts
$
928,920

 
$
393,055

 
$
535,865

 
 
 
 
 
 
Capitalized contract costs (1)
$
276,873

 
$
17,126

 
$
259,747

Noncompete and consulting agreements
42,062

 
40,048

 
2,014

Other
38,525

 
12,969

 
25,556

Total other assets
$
357,460

 
$
70,143

 
$
287,317

(1) The current portion of capitalized contract costs, included in prepaid expenses and other current assets on the consolidated condensed balance sheet as of August 31, 2018, is $65.3 million.
 
As of May 31, 2018
(In thousands)
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
 
 
 
 
 
Service contracts
$
924,978

 
$
379,210

 
$
545,768

 
 
 
 
 
 
Noncompete and consulting agreements
$
41,710

 
$
39,877

 
$
1,833

Other
38,787

 
11,305

 
27,482

Total other assets
$
80,497

 
$
51,182

 
$
29,315