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Leases (Tables)
9 Months Ended
Feb. 28, 2021
Leases [Abstract]  
Operating Lease Cost and Additional Lease Information
The following table provides supplemental information related to the Company's consolidated condensed statements of cash flows for the nine months ended:
(In thousands)February 28,
2021
February 29,
2020
Cash paid for amounts included in the measurement of operating lease liabilities$36,654 $38,292 
Operating lease right-of-use assets obtained in exchange for new and renewed
operating lease liabilities
$27,771 $33,382 
Other information related to the operating lease right-of-use assets, net and operating lease liabilities was as follows:
February 28,
2021
May 31,
2020
Weighted-average remaining lease term - operating leases5.00 years5.19 years
Weighted-average discount rate - operating leases2.46%2.66%
Contractual Future Minimum Lease Payments of Operating Lease Liabilities
The contractual future minimum lease payments of Cintas' operating lease liabilities by fiscal year are as follows as of February 28, 2021:
(In thousands)
2021 (remaining three months)
$12,273 
202244,593 
202336,182 
202426,018 
202518,976 
Thereafter35,420 
Total payments173,462 
Less interest(10,624)
Total present value of lease payments$162,838