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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2018
May 31, 2018
Current assets:    
Cash and cash equivalents $ 88,479 $ 138,724
Accounts receivable, net 904,062 804,583
Inventories, net 321,874 280,347
Uniforms and other rental items in service 758,246 702,261
Income taxes, current 36,595 19,634
Prepaid expenses and other current assets 106,614 32,383
Total current assets 2,215,870 1,977,932
Property and equipment, net 1,410,530 1,382,730
Investments 183,548 175,581
Goodwill 2,845,244 2,846,888
Service contracts, net 521,505 545,768
Other assets, net 228,386 29,315
Total assets 7,405,083 6,958,214
Current liabilities:    
Accounts payable 211,900 215,074
Accrued compensation and related liabilities 117,645 140,654
Accrued liabilities 611,641 420,129
Debt due within one year 173,500 0
Total current liabilities 1,114,686 775,857
Long-term liabilities:    
Debt due after one year 2,536,408 2,535,309
Deferred income taxes 435,461 352,581
Accrued liabilities 291,284 277,941
Total long-term liabilities 3,263,153 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 804,234 618,464
Paid-in capital 166,837 245,211
Retained earnings 6,261,756 5,837,827
Treasury stock: FY 2019: 77,085,975 shares, FY 2018: 76,397,088 shares (4,209,448) (3,701,319)
Accumulated other comprehensive income 3,865 16,343
Total shareholders’ equity 3,027,244 3,016,526
Total liabilities and shareholders' equity $ 7,405,083 $ 6,958,214