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Goodwill, Service Contracts and Other Assets, Net (Tables)
3 Months Ended
Aug. 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 for the three months ended August 31, 2022, by reportable operating segment and All Other, are as follows:
Goodwill
(in thousands)
Uniform Rental
 and Facility Services
First Aid
 and Safety Services
All
Other
Total
Balance as of June 1, 2022$2,635,099 $285,769 $122,108 $3,042,976 
Goodwill acquired652 3,283 484 4,419 
Foreign currency translation(9,265)(820)(32)(10,117)
Balance as of August 31, 2022$2,626,486 $288,232 $122,560 $3,037,278 
Changes in the 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 as of June 1, 2022$349,634 $24,144 $17,860 $391,638 
Service contracts acquired1,253 986 630 2,869 
Service contracts amortization(10,781)(1,250)(1,223)(13,254)
Foreign currency translation(1,793)(81)— (1,874)
Balance as of August 31, 2022$338,313 $23,799 $17,267 $379,379 
Information Regarding Service Contracts and Other Assets
Information regarding Cintas’ service contracts and other assets, net is as follows:
 As of August 31, 2022As of May 31, 2022
(In thousands)Carrying
Amount
Accumulated
Amortization
NetCarrying
Amount
Accumulated
Amortization
Net
Service contracts$1,000,115 $620,736 $379,379 $1,001,311 $609,673 $391,638 
Capitalized contract
   costs (1)
$580,949 $341,753 $239,196 $551,582 $319,358 $232,224 
Noncompete and
   consulting agreements
50,944 44,191 6,753 50,637 43,775 6,862 
Other128,491 21,024 107,467 125,941 20,917 105,024 
Total other assets, net$760,384 $406,968 $353,416 $728,160 $384,050 $344,110 
(1)    The current portion of capitalized contract costs, included in prepaid expenses and other current assets on the consolidated condensed balance sheets as of August 31, 2022 and May 31, 2022, is $86.1 million and $83.7 million, respectively.
Estimated Future Amortization Expense As of August 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 (remaining nine months)
$107,424 
2024131,835 
2025117,265 
202697,896 
202779,275 
Thereafter181,622 
Total future amortization expense$715,317