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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2022
May 31, 2022
Current assets:    
Cash and cash equivalents $ 89,799 $ 90,471
Accounts receivable, net 1,135,833 1,006,220
Inventories, net 514,839 472,150
Uniforms and other rental items in service 986,505 916,706
Income taxes, current 13,657 21,708
Prepaid expenses and other current assets 152,537 124,728
Total current assets 2,893,170 2,631,983
Property and equipment, net 1,340,658 1,323,673
Investments 243,574 242,873
Goodwill 3,037,506 3,042,976
Service contracts, net 367,612 391,638
Operating lease right-of-use assets, net 176,276 170,003
Other assets, net 368,211 344,110
Total assets 8,427,007 8,147,256
Current liabilities:    
Accounts payable 310,986 251,504
Accrued compensation and related liabilities 208,342 236,992
Accrued liabilities 556,211 588,948
Operating lease liabilities, current 42,792 43,872
Debt due within one year 435,406 311,574
Total current liabilities 1,553,737 1,432,890
Long-term liabilities:    
Debt due after one year 2,485,277 2,483,932
Deferred income taxes 493,379 473,777
Operating lease liabilities 136,520 129,064
Accrued liabilities 327,556 319,397
Total long-term liabilities 3,442,732 3,406,170
Shareholders’ equity:    
Preferred stock, no par value 0 0
Common stock, no par value, and paid-in capital 1,933,145 1,771,917
Retained earnings 9,160,346 8,719,163
Treasury stock (7,747,049) (7,290,801)
Accumulated other comprehensive income 84,096 107,917
Total shareholders’ equity 3,430,538 3,308,196
Total liabilities and shareholders' equity $ 8,427,007 $ 8,147,256