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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Feb. 28, 2021
May 31, 2020
Current assets:    
Cash and cash equivalents $ 553,611 $ 145,402
Accounts receivable, net 929,492 870,369
Inventories, net 533,211 408,898
Uniforms and other rental items in service 777,364 770,411
Income taxes, current 57,929 0
Prepaid expenses and other current assets 126,949 114,619
Total current assets 2,978,556 2,309,699
Property and equipment, net 1,329,930 1,403,065
Investments 264,581 214,847
Goodwill 2,895,251 2,870,020
Service contracts, net 418,318 451,529
Operating lease right-of-use assets, net 156,850 159,967
Other assets, net 304,011 260,758
Total assets 8,347,497 7,669,885
Current liabilities:    
Accounts payable 237,857 230,995
Accrued compensation and related liabilities 224,641 127,417
Accrued liabilities 514,159 456,653
Income taxes, current 0 27,099
Operating lease liabilities, current 43,767 43,031
Debt due within one year 249,936 0
Total current liabilities 1,270,360 885,195
Long-term liabilities:    
Debt due after one year 2,291,418 2,539,705
Deferred income taxes 389,553 388,579
Operating lease liabilities 119,071 122,695
Accrued liabilities 460,585 498,509
Total long-term liabilities 3,260,627 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: 188,913,700 shares issued and 105,039,174 shares outstanding; FY 2020: 186,793,207 shares issued and 103,415,368 shares outstanding 1,403,229 1,102,689
Paid-in capital 74,451 171,521
Retained earnings 7,688,425 7,296,509
Treasury stock: FY 2021: 83,874,526 shares, FY 2020: 83,377,839 (5,336,627) (5,182,137)
Accumulated other comprehensive loss (12,968) (153,380)
Total shareholders’ equity 3,816,510 3,235,202
Total liabilities and shareholders' equity $ 8,347,497 $ 7,669,885