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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Feb. 29, 2020
May 31, 2019
Current assets:    
Cash and cash equivalents $ 234,441 $ 96,645
Accounts receivable, net 942,853 910,120
Inventories, net 352,924 334,589
Uniforms and other rental items in service 818,486 784,133
Income taxes, current 23,485 7,475
Prepaid expenses and other current assets 125,517 103,318
Total current assets 2,497,706 2,236,280
Property and equipment, net 1,434,866 1,430,685
Investments 212,798 192,346
Goodwill 2,873,996 2,842,441
Service contracts, net 464,852 494,595
Operating lease right-of-use assets, net 165,169  
Other assets, net 252,593 240,315
Total assets 7,901,980 7,436,662
Current liabilities:    
Accounts payable 243,248 226,020
Accrued compensation and related liabilities 148,912 155,509
Accrued liabilities 430,643 433,940
Operating lease liabilities, current 44,043  
Debt due within one year 199,800 312,264
Total current liabilities 1,066,646 1,127,733
Long-term liabilities:    
Debt due after one year 2,539,156 2,537,507
Deferred income taxes 423,677 438,179
Operating lease liabilities 126,994  
Accrued liabilities 421,198 330,522
Total long-term liabilities 3,511,025 3,306,208
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 2020: 186,298,161 shares issued and 103,702,675 shares outstanding; FY 2019: 184,790,626 shares issued and 103,284,401 shares outstanding 1,092,074 840,328
Paid-in capital 154,157 227,928
Retained earnings 7,151,838 6,691,236
Treasury stock: FY 2019: 82,595,486 shares, FY 2018: 81,506,225 shares (4,978,946) (4,717,619)
Accumulated other comprehensive loss (94,814) (39,152)
Total shareholders’ equity 3,324,309 3,002,721
Total liabilities and shareholders' equity $ 7,901,980 $ 7,436,662