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Goodwill, Service Contracts and Other Assets, Net (Tables)
6 Months Ended
Nov. 30, 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 six months ended November 30, 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 acquired2,998 6,714 518 10,230 
Foreign currency translation(14,377)(1,273)(50)(15,700)
Balance as of November 30, 2022$2,623,720 $291,210 $122,576 $3,037,506 
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 acquired2,763 1,720 764 5,247 
Service contracts amortization(21,587)(2,549)(2,285)(26,421)
Foreign currency translation(2,730)(122)— (2,852)
Balance as of November 30, 2022$328,080 $23,193 $16,339 $367,612 
Information Regarding Service Contracts and Other Assets
Information regarding Cintas’ service contracts and other assets, net is as follows:
 As of November 30, 2022As of May 31, 2022
(In thousands)Carrying
Amount
Accumulated
Amortization
NetCarrying
Amount
Accumulated
Amortization
Net
Service contracts$1,000,250 $632,638 $367,612 $1,001,311 $609,673 $391,638 
Capitalized contract
   costs (1)
$609,239 $365,159 $244,080 $551,582 $319,358 $232,224 
Noncompete and
   consulting agreements
51,261 44,662 6,599 50,637 43,775 6,862 
Other138,725 21,193 117,532 125,941 20,917 105,024 
Total other assets, net$799,225 $431,014 $368,211 $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 November 30, 2022 and May 31, 2022, is $88.2 million and $83.7 million, respectively.
Estimated Future Amortization Expense As of November 30, 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 six months)
$73,459 
2024136,963 
2025122,398 
2026102,222 
202783,351 
Thereafter191,764 
Total future amortization expense$710,157