XML 22 R7.htm IDEA: XBRL DOCUMENT v3.22.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2022
May 31, 2021
Current assets:    
Cash and cash equivalents $ 90,471 $ 493,640
Accounts receivable, principally trade, less allowance of $12,918 and $12,097, respectively 1,006,220 901,710
Inventories, net 472,150 481,797
Uniforms and other rental items in service 916,706 810,104
Income taxes, current 21,708 22,282
Prepaid expenses and other current assets 124,728 133,776
Total current assets 2,631,983 2,843,309
Property and equipment, net 1,323,673 1,318,438
Investments 242,873 274,616
Goodwill 3,042,976 2,913,069
Service contracts, net 391,638 408,445
Operating lease right-of-use assets, net 170,003 168,532
Other assets, net 344,110 310,414
Total assets 8,147,256 8,236,823
Current liabilities:    
Accounts payable 251,504 230,786
Accrued compensation and related liabilities 236,992 241,469
Accrued liabilities 588,948 518,910
Operating lease liabilities, current 43,872 43,850
Debt due within one year 311,574 899,070
Total current liabilities 1,432,890 1,934,085
Long-term liabilities:    
Debt due after one year 2,483,932 1,642,833
Deferred income taxes 473,777 386,647
Operating lease liabilities 129,064 130,774
Accrued liabilities 319,397 454,637
Total long-term liabilities 3,406,170 2,614,891
Shareholders' equity:    
Preferred stock, no par value: 100,000 shares authorized, none outstanding 0 0
Common stock, no par value, and paid-in capital: 425,000,000 shares authorized 2022: 190,837,921 shares issued and 101,711,215 shares outstanding 2021: 189,071,185 shares issued and 104,061,391 shares outstanding 1,771,917 1,516,202
Retained earnings 8,719,163 7,877,015
Treasury stock: 2022: 89,126,706 shares 2021: 85,009,794 shares (7,290,801) (5,736,258)
Accumulated other comprehensive income 107,917 30,888
Total shareholders' equity 3,308,196 3,687,847
Total liabilities and shareholders' equity $ 8,147,256 $ 8,236,823