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Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2019
May 31, 2018
Current assets:    
Cash and cash equivalents $ 96,645 $ 138,724
Accounts receivable, principally trade, less allowance of $37,809 and $33,510, respectively 910,120 804,583
Inventories, net 334,589 280,347
Uniforms and other rental items in service 784,133 702,261
Income taxes, current 7,475 19,634
Prepaid expenses and other current assets 103,318 32,383
Total current assets 2,236,280 1,977,932
Property and equipment, net 1,430,685 1,382,730
Investments 192,346 175,581
Goodwill 2,842,441 2,846,888
Service contracts, net 494,595 545,768
Other assets, net 240,315 29,315
Total assets 7,436,662 6,958,214
Current liabilities:    
Accounts payable 226,020 215,074
Accrued compensation and related liabilities 155,509 140,654
Accrued liabilities 433,940 420,129
Debt due within one year 312,264 0
Total current liabilities 1,127,733 775,857
Long-term liabilities:    
Debt due after one year 2,537,507 2,535,309
Deferred income taxes 438,179 352,581
Accrued liabilities 330,522 277,941
Total long-term liabilities 3,306,208 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, 2019: 184,790,626 shares issued and 103,284,401 shares outstanding; 2018: 182,723,471 shares issued and 106,326,383 shares outstanding 840,328 618,464
Paid-in capital 227,928 245,211
Retained earnings 6,691,236 5,837,827
Treasury stock: 2018: 76,397,088 shares, 2017: 75,591,976 shares (4,717,619) (3,701,319)
Accumulated other comprehensive (loss) income (39,152) 16,343
Total shareholders' equity 3,002,721 3,016,526
Total liabilities and shareholders' equity $ 7,436,662 $ 6,958,214