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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2020
May 31, 2020
Current assets:    
Cash and cash equivalents $ 703,175 $ 145,402
Accounts receivable, net 910,266 870,369
Inventories, net 534,128 408,898
Uniforms and other rental items in service 772,937 770,411
Income taxes, current 56,802 0
Prepaid expenses and other current assets 125,465 114,619
Total current assets 3,102,773 2,309,699
Property and equipment, net 1,344,333 1,403,065
Investments 252,454 214,847
Goodwill 2,889,754 2,870,020
Service contracts, net 430,923 451,529
Operating lease right-of-use assets, net 154,022 159,967
Other assets, net 280,494 260,758
Total assets 8,454,753 7,669,885
Current liabilities:    
Accounts payable 274,021 230,995
Accrued compensation and related liabilities 150,739 127,417
Accrued liabilities 791,158 456,653
Income taxes, current 0 27,099
Operating lease liabilities, current 42,682 43,031
Debt due within one year 249,872 0
Total current liabilities 1,508,472 885,195
Long-term liabilities:    
Debt due after one year 2,290,932 2,539,705
Deferred income taxes 376,414 388,579
Operating lease liabilities 117,494 122,695
Accrued liabilities 563,481 498,509
Total long-term liabilities 3,348,321 3,549,488
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 2021: 188,600,745 shares issued and 104,985,732 shares outstanding; FY 2020: 186,793,207 shares issued and 103,415,368 shares outstanding 1,387,734 1,102,689
Paid-in capital 51,608 171,521
Retained earnings 7,509,544 7,296,509
Treasury stock: FY 2021: 83,615,013 shares, FY 2020: 83,377,839 (5,253,519) (5,182,137)
Accumulated other comprehensive loss (97,407) (153,380)
Total shareholders’ equity 3,597,960 3,235,202
Total liabilities and shareholders' equity $ 8,454,753 $ 7,669,885