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Consolidated Condensed Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Nov. 30, 2018
Nov. 30, 2017
Nov. 30, 2018
Nov. 30, 2017
Revenue:        
Total revenue $ 1,718,268 $ 1,606,441 $ 3,416,243 $ 3,217,944
Costs and expenses:        
Selling and administrative expenses 491,671 468,084 996,305 954,367
G&K Services, Inc. integration expenses 7,847 13,074 12,697 17,045
Operating income 275,640 235,211 540,868 484,310
Gain on sale of a cost method investment 69,373 0 69,373 0
Interest income (391) (291) (887) (588)
Interest expense 24,880 29,129 49,184 59,446
Income before income taxes 320,524 206,373 561,944 425,452
Income taxes 77,530 68,636 106,403 126,607
Income from continuing operations 242,994 137,737 455,541 298,845
Income (loss) from discontinued operations, net of tax expense of $6, tax benefit of $624, tax benefit of $4 and tax expense of $41,103, respectively 19 (628) (13) 55,475
Net income $ 243,013 $ 137,109 $ 455,528 $ 354,320
Basic earnings (loss) per share:        
Continuing operations (in dollars per share) $ 2.25 $ 1.27 $ 4.21 $ 2.77
Discontinued operations (in dollars per share) 0.00 (0.01) 0.00 0.51
Basic earnings per share (in dollars per share) 2.25 1.26 4.21 3.28
Diluted earnings (loss) per share:        
Continuing operations (in dollars per share) 2.18 1.24 4.07 2.69
Discontinued operations (in dollars per share) 0.00 (0.01) 0.00 0.50
Diluted earnings per share (in dollars per share) 2.18 1.23 4.07 3.19
Dividends declared per share (in dollars per share) $ 2.05 $ 1.62 $ 2.05 $ 1.62
Uniform Rental and Facility Services        
Revenue:        
Total revenue $ 1,390,778 $ 1,308,038 $ 2,765,716 $ 2,619,822
Costs and expenses:        
Cost of revenue 761,119 723,960 1,507,572 1,430,823
Other        
Revenue:        
Total revenue 327,490 298,403 650,527 598,122
Costs and expenses:        
Cost of revenue $ 181,991 $ 166,112 $ 358,801 $ 331,399