XML 39 R27.htm IDEA: XBRL DOCUMENT v3.20.4
Earnings Per Share (Tables)
6 Months Ended
Nov. 30, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share The following tables set forth the computation of basic and diluted earnings per share using the two-class method for amounts attributable to Cintas’ common shares.
Three Months EndedSix Months Ended
Basic Earnings per Share from Continuing Operations (in thousands except per share data)
November 30, 2020November 30, 2019November 30, 2020November 30, 2019
Income from continuing operations$284,857 $246,443 $584,862 $497,255 
Less: income from continuing operations
allocated to participating securities
2,015 2,425 4,153 4,904 
Income from continuing operations available
to common shareholders
$282,842 $244,018 $580,709 $492,351 
Basic weighted average common shares outstanding
104,999 103,959 104,546 103,638 
Basic earnings per share from continuing operations$2.69 $2.35 $5.55 $4.75 
Three Months EndedSix Months Ended
Diluted Earnings per Share from Continuing Operations (in thousands except per share data)
November 30, 2020November 30, 2019November 30, 2020November 30, 2019
Income from continuing operations$284,857 $246,443 $584,862 $497,255 
Less: income from continuing operations allocated to participating securities2,015 2,425 4,153 4,904 
Income from continuing operations available to common shareholders$282,842 $244,018 $580,709 $492,351 
Basic weighted average common shares outstanding
104,999 103,959 104,546 103,638 
Effect of dilutive securities – employee stock options
2,982 3,376 3,010 3,476 
Diluted weighted average common shares outstanding
107,981 107,335 107,556 107,114 
Diluted earnings per share from continuing operations$2.62 $2.27 $5.40 $4.60