Goodwill, Service Contracts and Other Assets (Tables)

12 Months Ended

May 31, 2022

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, 2020	$	2,513,041	$	243,266	$	113,713	$	2,870,020
Goodwill acquired	1,568		2,545		3,161		7,274
Foreign currency translation	32,901		2,760		114		35,775
Balance at May 31, 2021	2,547,510		248,571		116,988		2,913,069
Goodwill acquired	99,826		38,281		5,162		143,269
Foreign currency translation	(12,237)		(1,083)		(42)		(13,362)
Balance at May 31, 2022	$	2,635,099	$	285,769	$	122,108	$	3,042,976

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, 2020	$	407,611	$	19,805	$	24,113	$	451,529
Service contracts acquired	2,369		2,132		1,736		6,237
Service contracts amortization	(49,016)		(3,912)		(4,839)		(57,767)
Foreign currency translation	8,177		269		—		8,446
Balance at May 31, 2021	369,141		18,294		21,010		408,445
Service contracts acquired	32,695		10,384		1,659		44,738
Service contracts amortization	(49,152)		(4,392)		(4,809)		(58,353)
Foreign currency translation	(3,050)		(142)		—		(3,192)
Balance at May 31, 2022	$	349,634	$	24,144	$	17,860	$	391,638

Information Regarding Service Contracts and Other Assets

Information regarding Cintas' service contracts and other assets is as follows as of May 31:

	2022						2021
(In thousands)	Carrying Amount		Accumulated Amortization		Net		Carrying Amount		Accumulated Amortization		Net
Service contracts	$	1,001,311	$	609,673	$	391,638	$	961,942	$	553,497	$	408,445
Capitalized contract costs (1)	$	551,582	$	319,358	$	232,224	$	459,079	$	231,940	$	227,139
Noncompete and consulting    agreements	50,637		43,775		6,862		44,683		42,408		2,275
Other	125,941		20,917		105,024		105,371		24,371		81,000
Other assets	$	728,160	$	384,050	$	344,110	$	609,133	$	298,719	$	310,414

(1) The current portion of capitalized contract costs, included in prepaid expenses and other current assets on the consolidated balance sheets as of May 31, 2022 and 2021, is $83.7 million and $79.4 million, respectively.

Finite-lived Intangible Assets Amortization Expense

As of May 31, 2022, the estimated future amortization expense for service contracts and other assets, excluding any future acquisitions and commissions to be earned, is as follows:

Fiscal Year (In thousands)
2023	$	139,037
2024	126,603
2025	112,032
2026	93,662
2027	75,033
Thereafter	172,245
Total future amortization expense	$	718,612