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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Aug. 31, 2018
May 31, 2018
Current assets:    
Cash and cash equivalents $ 118,356 $ 138,724
Accounts receivable, net 838,192 804,583
Inventories, net 303,770 280,347
Uniforms and other rental items in service 724,708 702,261
Income taxes, current 6,878 19,634
Prepaid expenses and other current assets 112,474 32,383
Total current assets 2,104,378 1,977,932
Property and equipment, net 1,394,634 1,382,730
Investments 180,262 175,581
Goodwill 2,850,082 2,846,888
Service contracts, net 535,865 545,768
Other assets, net 221,983 29,315
Total assets 7,287,204 6,958,214
Current liabilities:    
Accounts payable 214,011 215,074
Accrued compensation and related liabilities 84,308 140,654
Accrued liabilities 380,775 420,129
Total current liabilities 679,094 775,857
Long-term liabilities:    
Debt due after one year 2,535,859 2,535,309
Deferred income taxes 424,344 352,581
Accrued liabilities 301,939 277,941
Total long-term liabilities 3,262,142 3,165,831
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, FY 2019: 184,055,883 shares issued and 106,969,908 shares outstanding; FY 2018: 182,723,471 shares issued and 106,326,383 shares outstanding 796,988 618,464
Paid-in capital 140,371 245,211
Retained earnings 6,239,535 5,837,827
Treasury stock: FY 2019: 77,085,975 shares, FY 2018: 76,397,088 shares (3,840,787) (3,701,319)
Accumulated other comprehensive income 9,861 16,343
Total shareholders’ equity 3,345,968 3,016,526
Total liabilities and shareholders' equity $ 7,287,204 $ 6,958,214