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Goodwill, Service Contracts and Other Assets (Tables)
12 Months Ended
May 31, 2020
Goodwill, Service Contracts and Other Assets [Abstract]  
Changes in Carrying Amount of Goodwill by Operating Segment
Changes in the carrying amount of goodwill and service contracts by reportable operating segment and All Other, are presented in the following tables:
Goodwill
(In thousands)
Uniform Rental
and Facility
Services
First Aid
and Safety
Services
All
Other
Total
Balance at June 1, 2018$2,505,476  $244,279  $97,133  $2,846,888  
Goodwill acquired1,153  —  5,484  6,637  
Foreign currency translation(10,227) (820) (37) (11,084) 
Balance at May 31, 20192,496,402  243,459  102,580  2,842,441  
Goodwill acquired21,081  164  11,137  32,382  
Foreign currency translation(4,442) (357) (4) (4,803) 
Balance at May 31, 2020$2,513,041  $243,266  $113,713  $2,870,020  
Changes in Carrying Amount of Service Contracts by Operating Segment
Service Contracts
(In thousands)
Uniform Rental
and Facility
Services
First Aid
and Safety
Services
All
Other
Total
Balance at June 1, 2018$492,067  $27,294  $26,407  $545,768  
Service contracts acquired2,864  14  5,186  8,064  
Service contracts amortization(46,943) (3,853) (5,394) (56,190) 
Foreign currency translation(2,972) (75) —  (3,047) 
Balance at May 31, 2019445,016  23,380  26,199  494,595  
Service contracts acquired11,058  325  3,288  14,671  
Service contracts amortization(47,070) (3,877) (5,374) (56,321) 
Foreign currency translation(1,393) (23) —  (1,416) 
Balance at May 31, 2020$407,611  $19,805  $24,113  $451,529  
Information Regarding Service Contracts and Other Assets
Information regarding Cintas' service contracts and other assets is as follows:
As of May 31, 2020
(In thousands)Carrying
Amount
Accumulated
Amortization
Net
Service contracts$941,383  $489,854  $451,529  
Capitalized contract costs (1)
$375,912  $148,853  $227,059  
Noncompete and consulting agreements43,890  41,317  2,573  
Other54,239  23,113  31,126  
Other assets$474,041  $213,283  $260,758  

As of May 31, 2019
(In thousands)Carrying
Amount
Accumulated
Amortization
Net
Service contracts$928,635  $434,040  $494,595  
Capitalized contract costs (1)
$277,016  $71,062  $205,954  
Noncompete and consulting agreements42,308  40,524  1,784  
Other50,306  17,729  32,577  
Other assets$369,630  $129,315  $240,315  
(1) The current portion of capitalized contract costs included in prepaid expenses and other current assets on the consolidated balance sheet as of May 31, 2020 and 2019 is $76.2 million and $69.6 million, respectively.
Finite-lived Intangible Assets Amortization Expense The estimated future amortization expense for service contracts and other assets for continuing operations, excluding any future acquisitions and commissions to be earned, as of May 31, 2020, is as follows:
Fiscal Year
(In thousands)
2021$134,140  
2022122,271  
2023103,100  
202491,428  
202578,605  
Thereafter231,063  
Total future amortization expense$760,607