Cintas (CTAS) 10-Q 9 Oct 15 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Aug. 31, 2015	Sep. 30, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	CINTAS CORP
Entity Central Index Key	723,254
Document Type	10-Q
Document Period End Date	Aug. 31, 2015
Amendment Flag	false
Current Fiscal Year End Date	--05-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		107,959,511
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1

Consolidated Condensed Statemen

Consolidated Condensed Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Aug. 31, 2015	Aug. 31, 2014
Revenue:
Uniform rental and facility services	$ 938,408	$ 873,698
Other	260,482	228,379
Total revenue	1,198,890	1,102,077
Costs and expenses:
Cost of uniform rental and facility services	518,503	490,675
Cost of other	156,243	133,456
Selling and administrative expenses	338,637	314,458
Operating income	185,507	163,488
Gain on sale of stock of an equity method investment	0	21,739
Interest income	(119)	(53)
Interest expense	16,412	16,583
Income before income taxes	169,214	168,697
Income taxes	63,016	62,792
Income from continuing operations	106,198	105,905
(Loss) income from discontinued operations, net of tax benefit of $3,419 and tax expense of $2,991, respectively	(6,017)	4,203
Net income	$ 100,181	$ 110,108
Basic earnings (loss) per share, continuing operations (dollars per share)	$ 0.94	$ 0.90
Basic earnings (loss) per share, discontinued operations (dollars per share)	(0.05)	0.04
Basic earnings per share (dollars per share)	0.89	0.94
Diluted earnings (loss) per share, continuing operations (dollars per share)	0.93	0.89
Diluted earnings (loss) per share, discontinued operations (dollars per share)	(0.05)	0.04
Diluted earnings per share (dollars per share)	$ 0.88	$ 0.93

Consolidated Condensed Stateme3

Consolidated Condensed Statements of Income (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Aug. 31, 2015	Aug. 31, 2014
Income Statement [Abstract]
Discontinued operations, income tax (benefit) expense	$ (3,419)	$ 2,991

Consolidated Condensed Stateme4

Consolidated Condensed Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Aug. 31, 2015	Aug. 31, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 100,181	$ 110,108
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	(12,013)	(2,115)
Change in fair value of derivatives	0	17
Amortization of interest rate lock agreements	488	488
Change in fair value of available-for-sale securities	(8)	0
Other comprehensive loss	(11,533)	(1,610)
Comprehensive income	$ 88,648	$ 108,498

Consolidated Condensed Balance

Consolidated Condensed Balance Sheets (Unaudited) - USD ($) $ in Thousands	Aug. 31, 2015	May. 31, 2015
Current assets:
Cash and cash equivalents	$ 146,860	$ 417,073
Marketable securities	53,354	16,081
Accounts receivable, net	531,127	496,130
Inventories, net	240,046	226,211
Uniforms and other rental items in service	537,120	534,005
Income taxes, current	0	936
Assets held for sale	194,275	21,341
Prepaid expenses and other current assets	31,170	24,030
Total current assets	1,733,952	1,735,807
Property and equipment, at cost, net	896,786	871,421
Investments	123,494	329,692
Goodwill	1,272,503	1,195,612
Service contracts, net	75,306	42,434
Other assets, net	20,908	17,494
Total assets	4,122,949	4,192,460
Current liabilities:
Accounts payable	131,956	109,607
Accrued compensation and related liabilities	53,018	88,423
Accrued liabilities	294,845	309,935
Income taxes, current	47,640	0
Deferred tax liability	103,410	112,389
Deferred tax liability associated with the investment in Shred-it	78,457	704
Long-term debt due within one year	250,000	0
Total current liabilities	959,326	621,058
Long-term liabilities:
Long-term debt due after one year	1,050,000	1,300,000
Deferred income taxes	148,793	226,938
Accrued liabilities	116,161	112,009
Total long-term liabilities	1,314,954	1,638,947
Shareholders’ equity:
Preferred stock, no par value: 100,000 shares authorized, none outstanding	0	0
Common stock, no par value: 425,000,000 shares authorized, FY 2016: 179,023,676 issued and 110,021,667 outstanding; FY 2015: 178,117,334 issued and 111,702,949 outstanding	387,314	329,248
Paid-in capital	148,275	157,183
Retained earnings	4,327,807	4,227,620
Treasury stock: FY 2016: 69,002,009 shares; FY 2015: 66,414,385 shares	(2,994,723)	(2,773,125)
Accumulated other comprehensive loss	(20,004)	(8,471)
Total shareholders’ equity	1,848,669	1,932,455
Total liabilities and shareholders' equity	$ 4,122,949	$ 4,192,460

Consolidated Condensed Balance6

Consolidated Condensed Balance Sheets (Unaudited) (Parenthetical) - shares	Aug. 31, 2015	May. 31, 2015
Statement of Financial Position [Abstract]
Preferred stock, shares authorized (shares)	100,000	100,000
Preferred stock, shares outstanding (shares)	0	0
Common stock, shares authorized (shares)	425,000,000	425,000,000
Common stock, shares issued (shares)	179,023,676	178,117,334
Common stock, shares outstanding (shares)	110,021,667	111,702,949
Treasury stock, shares (shares)	69,002,009	66,414,385

Consolidated Condensed Stateme7

Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Aug. 31, 2015	Aug. 31, 2014
Cash flows from operating activities:
Net income	$ 100,181	$ 110,108
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	36,165	35,448
Amortization of intangible assets	3,603	4,206
Stock-based compensation	23,917	12,280
Gain on sale of Storage Assets	(4,843)	0
Loss on investment in Shred-it Partnership	14,516	0
Gain on deconsolidation of Shredding	0	(6,619)
Gain on sale of stock of an equity method investment	0	(21,739)
Deferred income taxes	5,632	2,108
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net	(19,255)	8,222
Inventories, net	(8,109)	1,377
Uniforms and other rental items in service	(4,939)	(7,112)
Prepaid expenses and other current assets	(6,024)	(5,884)
Accounts payable	15,531	(1,325)
Accrued compensation and related liabilities	(35,579)	(41,262)
Accrued liabilities and other	(26,253)	10,384
Income taxes, current	48,540	48,009
Net cash provided by operating activities	143,083	148,201
Cash flows from investing activities:
Capital expenditures	(62,631)	(68,050)
Proceeds from redemption of marketable securities	152,907	0
Purchase of marketable securities and investments	(196,020)	(6,981)
Proceeds from sale of Storage Assets	24,395	0
Proceeds from Shredding Transaction, net of cash contributed	0	3,344
Proceeds from sale of stock of an equity method investment	0	29,933
Dividends received on equity method investment	0	5,247
Acquisitions of businesses, net of cash acquired	(121,434)	(2,328)
Other, net	921	16
Net cash used in investing activities	(201,862)	(38,819)
Cash flows from financing activities:
Repayment of debt	(16)	(180)
Proceeds from exercise of stock-based compensation awards	11,844	13,623
Repurchase of common stock	(221,598)	(61,439)
Other, net	51	6,798
Net cash used in financing activities	(209,719)	(41,198)
Effect of exchange rate changes on cash and cash equivalents	(1,715)	(19)
Net (decrease) increase in cash and cash equivalents	(270,213)	68,165
Cash and cash equivalents at beginning of period	417,073	513,288
Cash and cash equivalents at end of period	$ 146,860	$ 581,453

Basis of Presentation

Basis of Presentation	3 Months Ended
	Aug. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The consolidated condensed financial statements of Cintas Corporation (Cintas, the Company, we, us or our) included herein have been prepared by Cintas, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (SEC). Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP) have been condensed or omitted pursuant to such rules and regulations. While we believe that the disclosures are adequately presented, it is suggested that these consolidated condensed financial statements be read in conjunction with the consolidated financial statements and notes included in our Annual Report on Form 10-K for the fiscal year ended May 31, 2015 . A summary of our significant accounting policies is presented beginning on page 37 of that report. There have been no material changes in the accounting policies followed by Cintas during the current fiscal year other than the adoption of new accounting pronouncements discussed in Note 2. Additionally, see Note 12 entitled Segment Information for discussion of change in reportable operating segments in the first quarter of fiscal 2016. Interim results are subject to variations and are not necessarily indicative of the results of operations for a full fiscal year. In the opinion of management, adjustments (which include only normal recurring adjustments) necessary for a fair statement of the consolidated results of the interim periods shown have been made. Effective August 31, 2015, Cintas' investment in the Shred-it Partnership (Shred-it) is classified as held for sale and as a discontinued operations for all periods presented as a result of entering into a definitive agreement on July 15, 2015 to sell its investment in Shred-it. During fiscal 2015, Cintas sold its document imaging and retention services (Storage) business and, as a result, its operations are also classified as discontinued operations for all periods presented. See Note 13 entitled Discontinued Operations for more information. As disclosed in our Annual Report on Form 10-K for the fiscal year ended May 31, 2015 , inventories are valued at the lower of cost (first-in, first-out) or market. Inventory is comprised of the following amounts at: (In thousands) August 31, May 31, Raw materials $ 17,783 $ 16,935 Work in process 18,285 17,079 Finished goods 203,978 192,197 $ 240,046 $ 226,211

New Accounting Pronouncements

New Accounting Pronouncements	3 Months Ended
	Aug. 31, 2015
Accounting Policies [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (FASB) issued ASU 2014-09, ‘‘Revenue from Contracts with Customers (Topic 606),’’ to clarify revenue recognition principles. This guidance is intended to improve disclosure requirements and enhance the comparability of revenue recognition practices. Improved disclosures under the amended guidance relate to the nature, amount, timing and uncertainty of revenue that is recognized from contracts with customers. This guidance will be effective for reporting periods beginning after December 15, 2017 and will be required to be applied retrospectively. Early application of the amendments in this update is not permitted. Cintas is currently evaluating the impact that ASU 2014-09 will have on its consolidated condensed financial statements. In April 2014, the FASB issued ASU 2014-08, “ Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity,” which amended accounting guidance related to the reporting of discontinued operations and disclosures of disposals of components of an entity. The amended guidance changes the thresholds for disposals to qualify as discontinued operations and requires additional disclosures. This guidance is effective for reporting periods beginning after December 15, 2014 and is required to be applied prospectively. Cintas has adopted ASU 2014-08 during the quarter ended August 31, 2015 and has applied this amended accounting guidance to its investment in Shred-it and will apply it to future transactions, as appropriate. No other new accounting pronouncement recently issued or newly effective had or is expected to have a material impact on the Consolidated Condensed Financial Statements.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Aug. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements All financial instruments that are measured at fair value on a recurring basis (at least annually) have been classified within the most appropriate level within the fair value hierarchy based on the inputs used to determine the fair value at the consolidated balance sheet date. These financial instruments measured at fair value on a recurring basis are summarized below: As of August 31, 2015 (In thousands) Level 1 Level 2 Level 3 Fair Value Cash and cash equivalents $ 146,860 $ — $ — $ 146,860 Marketable securities: Canadian treasury securities — 53,354 — 53,354 Total assets at fair value $ 146,860 $ 53,354 $ — $ 200,214 As of May 31, 2015 (In thousands) Level 1 Level 2 Level 3 Fair Value Cash and cash equivalents $ 417,073 $ — $ — $ 417,073 Marketable securities: Canadian treasury securities — 16,081 — 16,081 Total assets at fair value $ 417,073 $ 16,081 $ — $ 433,154 Cintas’ cash and cash equivalents and marketable securities are generally classified within Level 1 or Level 2 of the fair value hierarchy. Financial instruments classified as Level 1 are based on quoted market prices in active markets, and financial instruments classified as Level 2 are based on quoted market prices, broker or dealer quotations or alternative pricing sources with reasonable levels of price transparency. The types of financial instruments Cintas classifies within Level 1 include most bank deposits and money market securities. Cintas does not adjust the quoted market price for such financial instruments. The types of financial instruments Cintas classifies within Level 2 are primarily Canadian treasury securities (federal). The valuation technique used for Cintas’ marketable securities classified within Level 2 of the fair value hierarchy is primarily the market approach. The primary inputs to value Cintas’ marketable securities are the respective instrument's future cash flows based on its stated yield and the amount a market participant would pay for a similar instrument. Primarily all of Cintas’ marketable securities are actively traded and the recorded fair value reflects current market conditions. However, due to the inherent volatility in the investment market, there is at least a possibility that recorded investment values may change in the near term. The funds invested in Canadian treasury securities are not presently expected to be repatriated, but instead are expected to be invested indefinitely in foreign subsidiaries. Interest, realized gains and losses and declines in value determined to be other than temporary on available-for-sale securities are included in interest income or expense. The cost of the securities sold is based on the specific identification method. The amortized cost basis of marketable securities as of August 31, 2015 and May 31, 2015 was $53.4 million and $16.1 million , respectively. All outstanding marketable securities at August 31, 2015 and May 31, 2015 had contractual maturities due within one year. The methods described above may produce a fair value that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while Cintas believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the consolidated balance sheet date. In addition to assets and liabilities that are recorded at fair value on a recurring basis, the Company records assets and liabilities at fair value on a nonrecurring basis as required under GAAP. The Company's acquisition of ZEE Medical was recorded at fair value. See Note 9 entitled Acquisitions for additional information on the preliminary measurement of the ZEE Medical assets acquired.

Investments

Investments	3 Months Ended
	Aug. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Investments	Investments Investments at August 31, 2015 of $123.5 million include equity method investments of $14.6 million , the cash surrender value of insurance policies of $106.7 million and cost method investments of $2.2 million . Investments at May 31, 2015 of $329.7 million include the cash surrender value of insurance policies of $101.8 million , equity method investments of $225.7 million and cost method investments of $2.2 million . Effective August 31, 2015, Cintas' investment in the Shred-it is classified as discontinued operations as a result of Cintas entering into a definitive agreement to sell its investment. Cintas' investment in Shred-it is classified as held for sale on the consolidated balance sheet at August 31, 2015. As allowed under applicable accounting guidance, the May 31, 2015 consolidated balance sheet amounts for these assets and liabilities remain in their natural classifications. See Note 13 entitled Discontinued Operations and Note 15 entitled Subsequent Event for additional information. On June 30, 2014, Cintas sold stock in an equity method investment. In conjunction with the sale of the equity method investment, Cintas also received a cash dividend of $5.2 million . Total cash received from the transaction was $35.2 million . The sale resulted in the recording of a gain, net of tax, of approximately $13.6 million in the three months ended August 31, 2014 . As a result, the Company no longer has the ability to exercise significant influence over the investee. Therefore, effective July 1, 2014, the remaining investment retained by Cintas is accounted for under the cost method. Investments are evaluated for impairment on an annual basis or when indicators of impairment exist. For the three months ended August 31, 2015 and 2014 , no losses due to impairment were recorded.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Aug. 31, 2015
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share from continuing operations using the two-class method for amounts attributable to Cintas’ common shares: Three Months Ended (In thousands except per share data) August 31, August 31, Basic Earnings per Share from Continuing Operations Income from continuing operations $ 106,198 $ 105,905 Less: income from continuing operations allocated to participating securities 1,742 591 Income from continuing operations available to common shareholders $ 104,456 $ 105,314 Basic weighted average common shares outstanding 110,597 116,659 Basic earnings per share from continuing operations $ 0.94 $ 0.90 Three Months Ended (In thousands except per share data) August 31, August 31, Diluted Earnings per Share from Continuing Operations Income from continuing operations $ 106,198 $ 105,905 Less: income from continuing operations allocated to participating securities 1,742 591 Income from continuing operations available to common shareholders $ 104,456 $ 105,314 Basic weighted average common shares outstanding 110,597 116,659 Effect of dilutive securities – employee stock options 1,632 1,371 Diluted weighted average common shares outstanding 112,229 118,030 Diluted earnings per share from continuing operations $ 0.93 $ 0.89 Basic and diluted loss per share from discontinued operations were $(0.05) for the three months ended August 31, 2015 . Basic and diluted earnings per share from discontinued operations were $0.04 for the three months ended August 31, 2014 . For the three months ended August 31, 2015 and 2014 , options granted to purchase 0.5 million and 0.6 million shares of Cintas common stock, respectively, were excluded from the computation of diluted earnings per share. The exercise prices of these options were greater than the average market price of the common stock (anti-dilutive). On January 13, 2015, we announced that the Board of Directors authorized a $500.0 million share buyback program, which does not have an expiration date. For the three months ended August 31, 2015 , we purchased 2.4 million shares of Cintas common stock at an average price of $85.65 per share for a total purchase price of $ 202.5 million . In the period subsequent to August 31, 2015 through October 9, 2015 , we purchased 2.1 million shares of Cintas common stock for a total purchase price of $180.4 million . The January 13, 2015 share buyback program was completed in the period subsequent to August 31, 2015. From the inception of the January 13, 2015 share buyback program through September 2015, Cintas purchased a total of 5.9 million shares of Cintas common stock at an average price of $84.07 per share for a total purchase price of $500.0 million . On August 4, 2015, we announced that the Board of Directors authorized a new $500.0 million share buyback program. Under the August 4, 2015 share buyback program, Cintas purchased 1.4 million shares of Cintas common stock for a total purchase price of $120.0 million during the period subsequent to August 31, 2015 through October 9, 2015 . In addition, for the three months ended August 31, 2015 , Cintas acquired 0.2 million shares of Cintas common stock for employee payroll taxes due on restricted stock awards that vested during the three months ended August 31, 2015 . These shares were acquired at an average price of $85.54 per share for a total purchase price of $19.1 million .

Goodwill, Service Contracts and

Goodwill, Service Contracts and Other Assets	3 Months Ended
	Aug. 31, 2015
Goodwill, Service Contracts and Other Assets [Abstract]
Goodwill, Service Contracts and Other Assets	Goodwill, Service Contracts and Other Assets Effective June 1, 2015, Cintas realigned its organizational structure and updated its reportable operating segments in light of certain changes in its business including the acquisition of Zee Medical. Cintas’ updated reportable operating segments are Uniform Rental and Facility Services and First Aid and Safety Services. The remainder of Cintas’ business, which consists primarily of Fire Protection Services and our Direct Sale business are included in All Other. For additional information regarding Cintas’ realignment and reportable operating segment determination, see Note 12 entitled Segment Information. As a result of Cintas’ segment realignment, the composition of Cintas’ reporting units for the evaluation of goodwill impairment also changed. Historically, Cintas’ reporting units were the same as the reportable operating segments, Rental Uniforms and Ancillary Products, Uniform Direct Sales and First Aid, Safety and Fire Protection Services. Effective June 1, 2015, Cintas identified four reporting units for purposes of evaluating goodwill impairment, Uniform Rental and Facility Services, First Aid and Safety Services, Fire Protection Services and Uniform Direct Sale. As a result of the change in reporting units, Cintas was required to perform an interim impairment test on Goodwill at June 1, 2015. There was no impairment recorded as a result of the interim impairment test for the three months ended August 31, 2015. As the composition of the reporting units changed, the Company allocated historical goodwill to the new reporting units based on a relative fair value allocation approach. The relative fair value allocation approach yielded the following allocation of total goodwill: Uniform Rental and Facility Services reportable operating segment goodwill of $943.9 million , First Aid and Safety Services reportable operating segment goodwill of $155.0 million and All Other goodwill of $96.7 million . Changes in the carrying amount of goodwill and service contracts for the three months ended August 31, 2015 , 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, 2015 $ 943,909 $ 154,954 $ 96,749 $ 1,195,612 Goodwill acquired — 77,630 54 77,684 Foreign currency translation (757 ) — (36 ) (793 ) Balance as of August 31, 2015 $ 943,152 $ 232,584 $ 96,767 $ 1,272,503 Service Contracts (in thousands) Uniform Rental and Facility Services First Aid and Safety Services All Other Total Balance as of June 1, 2015 $ 6,677 $ 1,576 $ 34,181 $ 42,434 Service contracts acquired — 34,970 940 35,910 Service contracts amortization (1,088 ) (439 ) (1,511 ) (3,038 ) Balance as of August 31, 2015 $ 5,589 $ 36,107 $ 33,610 $ 75,306 Information regarding Cintas’ service contracts and other assets is as follows: As of August 31, 2015 (In thousands) Carrying Amount Accumulated Amortization Net Service contracts $ 375,647 $ 300,341 $ 75,306 Noncompete and consulting agreements $ 42,290 $ 40,483 $ 1,807 Other 27,013 7,912 19,101 Total other assets $ 69,303 $ 48,395 $ 20,908 As of May 31, 2015 (In thousands) Carrying Amount Accumulated Amortization Net Service contracts $ 340,816 $ 298,382 $ 42,434 Noncompete and consulting agreements $ 41,828 $ 40,379 $ 1,449 Other 23,595 7,550 16,045 Total other assets $ 65,423 $ 47,929 $ 17,494 Amortization expense for continuing operations was $3.6 million and $3.5 million for the three months ended August 31, 2015 and 2014 , respectively. Estimated amortization expense for continuing operations, excluding any future acquisitions, for each of the next five full fiscal years is $14.6 million , $11.2 million , $10.3 million , $9.6 million and $9.2 million , respectively.

Debt, Derivatives and Hedging A

Debt, Derivatives and Hedging Activities	3 Months Ended
	Aug. 31, 2015
Debt, Derivatives and Hedging Activities [Abstract]
Debt, Derivatives and Hedging Activities	Debt, Derivatives and Hedging Activities Cintas' senior notes are recorded at cost. The fair value of the senior notes is estimated using Level 2 inputs based on general market prices. The carrying value and fair value of Cintas' senior notes as of August 31, 2015 were $1,300.0 million and $1,415.1 million, respectively, and as of May 31, 2015 were $1,300.0 million and $1,418.6 million, respectively. Cintas’ commercial paper program has a capacity of $300.0 million that is fully supported by a backup revolving credit facility through a credit agreement with its banking group. This revolving credit facility has an accordion feature that allows for a maximum borrowing capacity of $450.0 million and has a maturity date of May 28, 2019. No commercial paper or borrowings on our revolving credit facility were outstanding as of August 31, 2015 or May 31, 2015 . Cintas used interest rate lock agreements to hedge against movements in the treasury rates at the time Cintas issued its senior notes in fiscal 2007, fiscal 2008, fiscal 2011 and fiscal 2013. The amortization of the cash flow hedges resulted in an increase to other comprehensive income of $0.5 million for the three months ended August 31, 2015 and 2014 . To hedge the exposure of movements in the foreign currency rates, Cintas may use foreign currency hedges. These hedges reduce the impact on cash flows from movements in the foreign currency exchange rates. Examples of foreign currency hedge instruments that Cintas may use are average rate options and forward contracts. Cintas had no foreign currency forward contracts as of August 31, 2015 . Cintas has certain covenants related to debt agreements. These covenants limit Cintas’ ability to incur certain liens, to engage in sale-leaseback transactions and to merge, consolidate or sell all or substantially all of Cintas’ assets. These covenants also require Cintas to maintain certain debt to consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) and interest coverage ratios. Cross-default provisions exist between certain debt instruments. Cintas was in compliance with all debt covenants for all periods presented. If a default of a significant covenant were to occur, the default could result in an acceleration of the maturity of the indebtedness, impair liquidity and limit the ability to raise future capital.

Income Taxes

Income Taxes	3 Months Ended
	Aug. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes In the normal course of business, Cintas provides for uncertain tax positions and the related interest, and adjusts its unrecognized tax benefits and accrued interest accordingly. During the three months ended August 31, 2015 , unrecognized tax benefits increased by approximately $0.5 million and accrued interest increased by less than $0.1 million . All U.S. federal income tax returns are closed to audit through fiscal 2011. Cintas is currently in advanced stages of various audits in certain foreign jurisdictions and certain domestic states. The years under foreign and domestic state audits cover fiscal years back to 2009. Based on the resolution of the various audits and other potential regulatory developments, it is reasonably possible that the balance of unrecognized tax benefits will decrease by $3.4 million for the fiscal year ending May 31, 2016 . The majority of Cintas' operations are in North America. Cintas is required to file federal income tax returns, as well as state income tax returns in a majority of the domestic states and also in certain Canadian provinces. At times, Cintas is subject to audits in these jurisdictions. The audits, by nature, are sometimes complex and can require several years to resolve. The final resolution of any such tax audit could result in either a reduction in Cintas' accruals or an increase in its income tax provision, either of which could have an impact on the consolidated condensed results of operation in any given period.

Acquisitions

Acquisitions	3 Months Ended
	Aug. 31, 2015
Business Combinations [Abstract]
Acquisitions	Acquisitions On August 1, 2015, the Company acquired all of the shares of ZEE Medical, Inc. for acquisition-date fair value consideration of $134.0 million , consisting of cash of $120.6 million and contingent consideration subject to certain holdback provisions of $13.4 million . ZEE Medical will operate within the First Aid and Safety Services reportable operating segment. This acquisition expands our footprint in van delivered first aid, safety, training and emergency products and allows us to serve an even greater number of customers in North America. The table below summarizes the preliminary purchase price allocation of ZEE Medical as determined by valuation specialists engaged and overseen by management. Goodwill is calculated as the excess of the consideration transferred over the net assets recognized and represents the estimated future economic benefits arising from other assets acquired that could not be individually identified and separately recognized. None of the goodwill is expected to be deductible for income tax purposes. The assets acquired and liabilities assumed are valued at the estimated fair value at the acquisition date as required by GAAP. (In thousands) Assets: Cash and cash equivalents $ 431 Accounts receivable 17,310 Inventory 6,195 Other current assets 1,477 Property, plant and equipment 1,354 Goodwill 77,630 Service contracts 34,970 Other intangibles 4,500 Liabilities: Accounts payable (7,342 ) Accrued liabilities (2,525 ) Total Consideration $ 134,000 Cintas is required to provide additional disclosures about fair value measurements as part of the consolidated condensed financial statements for each major category of assets and liabilities measured at fair value on a nonrecurring basis (including business acquisitions). The working capital assets and liabilities, as well as the property and equipment acquired, were valued using Level 2 inputs which included data points that are observable, such as definitive sales agreements, appraisals or established market values of comparable assets (market approach). Goodwill, service contracts and other intangibles were valued using Level 3 inputs, which are unobservable by nature, and included internal estimates of future cash flow using a discount rate of 11% (income approach). The results of operations of ZEE Medical are not material to the consolidated financial statements.

Litigation and Other Contingenc

Litigation and Other Contingencies	3 Months Ended
	Aug. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Litigation and Other Contingencies	Litigation and Other Contingencies Cintas is subject to legal proceedings, insurance receipts, legal settlements and claims arising from the ordinary course of its business, including personal injury, customer contract, environmental and employment claims. In the opinion of management, the aggregate liability, if any, with respect to such ordinary course of business actions will not have a material adverse effect on the consolidated financial position, consolidated results of operations or consolidated cash flows of Cintas. Cintas is party to additional litigation not considered in the ordinary course of business, including the litigation discussed below. Cintas is a defendant in a purported Equal Employment Opportunity Commission (EEOC) systemic gender discrimination lawsuit, Mirna E. Serrano, et al. v. Cintas Corporation (Serrano), filed on May 10, 2004, and pending in the United States District Court, Eastern District of Michigan, Southern Division. The Serrano plaintiffs alleged that Cintas discriminated against women in hiring into various service sales representative (SSR) positions in the Rental Uniforms and Ancillary Products operating segment. On November 15, 2005, the EEOC intervened in the Serrano lawsuit. The Serrano plaintiffs seek lost pay, injunctive relief, compensatory damages, punitive damages, attorneys' fees and other remedies on behalf of unsuccessful female candidates for SSR positions. On October 27, 2008, the United States District Court in the Eastern District of Michigan granted summary judgment in favor of Cintas limiting the scope of the action to female applicants for SSR positions at Cintas locations within the state of Michigan. Consequently, all claims brought by or on behalf of female applicants for SSR positions outside of the state of Michigan were dismissed. Similarly, any claims brought by the EEOC on behalf of similarly situated female applicants outside of the state of Michigan have also been dismissed from the Serrano lawsuit. In September 2010, the Court in Serrano dismissed all private individual claims and all claims of the EEOC and the 13 individuals it claimed to represent. The EEOC appealed the District Court's summary judgment decisions and various other rulings to the United States Court of Appeals for the Sixth Circuit. On November 9, 2012, the Sixth Circuit Court of Appeals reversed the District Court's opinion and remanded the claims back to the District Court. On April 16, 2013, Cintas filed with the United States Supreme Court a Petition for a Writ of Certiorari seeking to review the judgment of the United States Court of Appeals for the Sixth Circuit. On October 7, 2013, the Court denied Cintas’ Petition, thus remanding the claims back to the District Court consistent with the Sixth Circuit Court’s November 9, 2012 decision. The litigation discussed above, if decided or settled adversely to Cintas, may result in liability material to Cintas' consolidated financial condition, consolidated results of operation or consolidated cash flows and could increase costs of operations on an ongoing basis. Any estimated liability relating to these proceedings is not determinable at this time. Cintas may enter into discussions regarding settlement of these and other lawsuits, and may enter into settlement agreements if it believes such settlement is in the best interest of Cintas' shareholders.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Aug. 31, 2015
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) The following table summarizes the changes in the accumulated balances for each component of accumulated other comprehensive income (loss), net of tax: (In thousands) Foreign Currency Unrealized Loss on Derivatives Other Total Balance at June 1, 2015 $ 2,987 $ (10,626 ) $ (832 ) $ (8,471 ) Other comprehensive loss before reclassifications (12,013 ) — (8 ) (12,021 ) Amounts reclassified from accumulated other comprehensive income (loss) — 488 — 488 Net current period other comprehensive (loss) income (12,013 ) 488 (8 ) (11,533 ) Balance at August 31, 2015 (9,026 ) (10,138 ) (840 ) (20,004 ) (In thousands) Foreign Currency Unrealized Loss on Derivatives Other Total Balance at June 1, 2014 $ 41,525 $ (12,615 ) $ (482 ) $ 28,428 Other comprehensive (loss) income before reclassifications (2,115 ) 17 — (2,098 ) Amounts reclassified from accumulated other comprehensive income (loss) — 488 — 488 Net current period other comprehensive (loss) income (2,115 ) 505 — (1,610 ) Balance at August 31, 2014 39,410 (12,110 ) (482 ) 26,818 The following table summarizes the reclassifications out of accumulated other comprehensive (loss) income: Reclassifications out of Accumulated Other Comprehensive (Loss) Income Details about Accumulated Other Comprehensive (Loss) Income Components Amount Reclassified from Accumulated Other Comprehensive (Loss) Income Affected Line in the Consolidated Condensed Statements of Income Three Months Ended (In thousands) August 31, 2015 August 31, 2014 Amortization of interest rate locks $ (783 ) $ (783 ) Interest expense Tax benefit 295 295 Income taxes Amortization of interest rate locks, net of tax $ (488 ) $ (488 ) Net of tax

Segment Information

Segment Information	3 Months Ended
	Aug. 31, 2015
Segment Reporting [Abstract]
Segment Information	Segment Information GAAP requires companies to evaluate their reportable operating segments periodically and when certain events occur. As a result of a recent evaluation, effective June 1, 2015, Cintas realigned its organizational structure and updated its reportable operating segments in light of certain changes in its business including the acquisition of Zee Medical. Cintas’ updated reportable operating segments are Uniform Rental and Facility Services and First Aid and Safety Services. The Uniform Rental and Facility Services reportable operating segment consists of the rental and servicing of uniforms and other garments including flame resistant clothing, mats, mops and shop towels and other ancillary items. In addition to these rental items, restroom cleaning services and supplies, carpet and tile cleaning services and the sale of items from our catalogs to our customers on route are included within this reportable operating segment. The First Aid and Safety Services reportable operating segment consists of first aid and safety products and services. The remainder of Cintas’ business, which consists primarily of Fire Protection Services and our Direct Sale business is included in All Other. Prior to June 1, 2015, Cintas classified its business into the following three reportable operating segments: The Rental Uniforms and Ancillary Products operating segment consisted of the rental and servicing of uniforms and other garments including flame resistant clothing, mats, mops and shop towels and other ancillary items. In addition to these rental items, restroom cleaning services and supplies and carpet and tile cleaning services were also provided within this operating segment. The Uniform Direct Sales operating segment consisted of the direct sale of uniforms and related items. The First Aid, Safety and Fire Protection Services operating segment consisted of first aid, safety and fire protection products and services. Cintas evaluates the performance of each operating segment based on several factors of which the primary financial measures are operating segment revenue and income before income taxes. The accounting policies of the operating segments are the same as those described in Note 1 entitled Basis of Presentation. Information related to the operations of Cintas’ operating segments is set forth below: (In thousands) Uniform Rental and Facility Services First Aid and Safety Services All Other Corporate (1) Total As of and for the three months ended August 31, 2015 Revenue $ 938,408 $ 99,488 $ 160,994 $ — $ 1,198,890 Income (loss) before income taxes $ 165,381 $ 8,592 $ 11,534 $ (16,293 ) $ 169,214 Total assets $ 2,870,622 $ 398,237 $ 342,712 $ 511,378 $ 4,122,949 As of and for the three months ended August 31, 2014 Revenue $ 873,698 $ 79,924 $ 148,455 $ — $ 1,102,077 Income before income taxes $ 144,816 $ 9,147 $ 9,525 $ 5,209 $ 168,697 Total assets $ 2,861,790 $ 260,580 $ 354,260 $ 1,079,640 $ 4,556,270 (1) Corporate assets as of August 31, 2015 include the investment in Shred-it, which is classified as held for sale. Corporate assets as of August 31, 2014 include the assets of Storage, which was classified as held for sale, and the investment in Shred-it.

Discontinued Operations

Discontinued Operations	3 Months Ended
	Aug. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Discontinued Operations Effective August 31, 2015, Cintas' investment in the Shred-it Partnership (Shred-it) is classified as held for sale and as a discontinued operations for all periods presented as a result of entering into a definitive agreement on July 15, 2015 to sell its investment in Shred-it. During fiscal 2015, Cintas sold its document imaging and retention services (Storage) business and, as a result, its operations are also classified as discontinued operations for all periods presented. As of August 31, 2015 and May 31, 2015 , the equity method investment in Shred-it was $194.3 million and $210.1 million , respectively. Cintas’ carrying value of its investment in Shred-it, as of August 31, 2015 , exceeded its share of the underlying equity in the net assets of Shred-it by approximately $91.2 million (basis difference). The remaining basis difference is being amortized over the weighted average estimated useful lives of the underlying assets which generated the basis difference (approximately 9 years ) and is recorded as a reduction in our share of income from Shred-it, net of tax. Cintas records its share of Shred-it's income on a one month lag. For the three months ended ended August 31, 2015 , Cintas recorded a net loss on the investment in the Shred-it of $9.3 million , which included amortization of basis differences of approximately $2.8 million . After the previously announced sale of Shred-it closes, the basis difference will no longer exist and Cintas will no longer record income or loss from Shred-it. See Note 15 entitled Subsequent Event for additional information on the sale of the investment in Shred-it. In the first quarter of fiscal 2015, Cintas received additional proceeds related to the contribution of its shredding business to the Shred-it Partnership. The Company realized a $3.9 million gain, net of tax, as a result of the additional consideration received. In fiscal 2015, Cintas sold Storage, excluding related real estate owned by Cintas, in three separate transactions to three separate buyers. Each transaction involves contingent consideration that the Company has an opportunity to receive if specified future events occur. Because of the uncertainty surrounding the future events, these amounts represent gain contingencies that have not been recorded. Certain real estate owned by Cintas is being leased by the buyers. These lease payments do not represent a material direct cash flow of the disposed Storage business and therefore do not impact the classification of the Storage business as a discontinued operation. On July 10, 2015, Cintas sold the remaining Storage assets classified as held for sale. For the quarter ended August 31, 2015 , Cintas received proceeds of $24.4 million from the sale of the remaining Storage assets classified as held for sale and recorded a $3.1 million gain, net of tax on the sale. Following is selected financial information included in net (loss) income from discontinued operations for Shred-it, Shredding and the Storage business: Three Months Ended (In thousands) August 31, August 31, Revenue $ — $ 20,785 Income before income taxes 237 575 Income tax expense (85 ) (240 ) Gain on sale of Storage Assets 4,843 — Loss on investment in Shred-it Partnership (14,516 ) — Gain on the deconsolidation of Shredding (1) — 6,619 Income tax benefit (expense) on (loss) gain 3,504 (2,751 ) Net (loss) income from discontinued operations $ (6,017 ) $ 4,203 (1) Results for the three months ended August 31, 2014 related to the gain on the deconsolidation of Shredding were previously presented in continuing operations and were reclassified to discontinued operations as previously discussed.

Supplemental Guarantor Informat

Supplemental Guarantor Information	3 Months Ended
	Aug. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Supplemental Guarantor Information	Supplemental Guarantor Information Cintas Corporation No. 2 (Corp. 2) is the indirectly, wholly-owned principal operating subsidiary of Cintas. Corp. 2 is the issuer of the $1,300.0 million aggregate principal amount of senior notes, which are unconditionally guaranteed, jointly and severally, by Cintas Corporation and its wholly-owned, direct and indirect domestic subsidiaries. As allowed by SEC rules, the following condensed consolidating financial statements are provided as an alternative to filing separate financial statements of the guarantors. Each of the subsidiaries presented in the following condensed consolidating financial statements has been fully consolidated in Cintas’ consolidated financial statements. The following condensed consolidating financial statements should be read in conjunction with the consolidated financial statements of Cintas and notes thereto of which this note is an integral part. Condensed consolidating financial statements for Cintas, Corp. 2, the subsidiary guarantors and non-guarantors are presented on the following pages: Condensed Consolidating Income Statement Three Months Ended August 31, 2015 (In thousands) Cintas Corp. 2 Subsidiary Non- Eliminations Cintas Corporation Consolidated Revenue: Uniform rental and facility services $ — $ 721,329 $ 202,265 $ 54,012 $ (39,198 ) $ 938,408 Other — 372,611 1,293 14,811 (128,233 ) 260,482 Equity in net income of affiliates 106,198 — — — (106,198 ) — 106,198 1,093,940 203,558 68,823 (273,629 ) 1,198,890 Costs and expenses (income): Cost of uniform rental and facility services — 440,580 116,832 37,357 (76,266 ) 518,503 Cost of other — 237,369 (8,643 ) 9,570 (82,053 ) 156,243 Selling and administrative expenses — 347,076 (18,855 ) 17,880 (7,464 ) 338,637 Operating income 106,198 68,915 114,224 4,016 (107,846 ) 185,507 Interest income — — (48 ) (71 ) — (119 ) Interest expense (income) — 16,375 38 (1 ) — 16,412 Income before income taxes 106,198 52,540 114,234 4,088 (107,846 ) 169,214 Income taxes — 19,589 42,591 861 (25 ) 63,016 Income from continuing operations 106,198 32,951 71,643 3,227 (107,821 ) 106,198 Loss from discontinued operations, net of tax (6,017 ) (5,323 ) — (694 ) 6,017 (6,017 ) Net income $ 100,181 $ 27,628 $ 71,643 $ 2,533 $ (101,804 ) $ 100,181 Condensed Consolidating Income Statement Three Months Ended August 31, 2014 (In thousands) Cintas Corp. 2 Subsidiary Non- Eliminations Cintas Corporation Consolidated Revenue: Uniform rental and facility services $ — $ 665,874 $ 183,181 $ 59,861 $ (35,218 ) $ 873,698 Other — 336,480 481 13,744 (122,326 ) 228,379 Equity in net income of affiliates 105,905 — — — (105,905 ) — 105,905 1,002,354 183,662 73,605 (263,449 ) 1,102,077 Costs and expenses (income): Cost of uniform rental and facility services — 408,371 110,922 40,282 (68,900 ) 490,675 Cost of other — 217,942 (10,657 ) 8,957 (82,786 ) 133,456 Selling and administrative expenses — 314,002 (14,006 ) 19,074 (4,612 ) 314,458 Operating income 105,905 62,039 97,403 5,292 (107,151 ) 163,488 Gain on sale of stock of an equity method investment — — 21,739 — — 21,739 Interest income — (5 ) (48 ) — — (53 ) Interest expense — 16,409 170 4 — 16,583 Income before income taxes 105,905 45,635 119,020 5,288 (107,151 ) 168,697 Income taxes — 16,748 44,004 2,051 (11 ) 62,792 Income from continuing operations 105,905 28,887 75,016 3,237 (107,140 ) 105,905 Income (loss) from discontinued operations, net of tax 4,203 4,263 — (60 ) (4,203 ) 4,203 Net income $ 110,108 $ 33,150 $ 75,016 $ 3,177 $ (111,343 ) $ 110,108 Condensed Consolidating Statement of Comprehensive Income Three Months Ended August 31, 2015 (In thousands) Cintas Corp. 2 Subsidiary Non- Eliminations Cintas Corporation Consolidated Net income $ 100,181 $ 27,628 $ 71,643 $ 2,533 $ (101,804 ) $ 100,181 Other comprehensive (loss) income, net of tax: Foreign currency translation adjustments — — — (12,013 ) — (12,013 ) Amortization of interest rate lock agreements — 488 — — — 488 Change in fair value of available-for-sale securities — — — (8 ) — (8 ) Other comprehensive income (loss) — 488 — (12,021 ) — (11,533 ) Comprehensive income (loss) $ 100,181 $ 28,116 $ 71,643 $ (9,488 ) $ (101,804 ) $ 88,648 Condensed Consolidating Statement of Comprehensive Income Three Months Ended August 31, 2014 (In thousands) Cintas Corp. 2 Subsidiary Non- Eliminations Cintas Corporation Consolidated Net income $ 110,108 $ 33,150 $ 75,016 $ 3,177 $ (111,343 ) $ 110,108 Other comprehensive (loss) income, net of tax: Foreign currency translation adjustments — — — (2,115 ) — (2,115 ) Change in fair value of derivatives — — — 17 — 17 Amortization of interest rate lock agreements — 488 — — — 488 Other comprehensive income (loss) — 488 — (2,098 ) — (1,610 ) Comprehensive income $ 110,108 $ 33,638 $ 75,016 $ 1,079 $ (111,343 ) $ 108,498 Condensed Consolidating Balance Sheet As of August 31, 2015 (In thousands) Cintas Corporation Corp. 2 Subsidiary Guarantors Non- Guarantors Eliminations Cintas Corporation Consolidated Assets Current assets: Cash and cash equivalents $ — $ 74,082 $ 45,339 $ 27,439 $ — $ 146,860 Marketable securities — — — 53,354 — 53,354 Accounts receivable, net — 392,911 106,001 32,215 — 531,127 Inventories, net — 207,755 22,280 9,624 387 240,046 Uniforms and other rental items in service — 402,093 118,059 35,354 (18,386 ) 537,120 Assets held for sale — 171,106 — 23,169 — 194,275 Prepaid expenses and other current assets — 6,626 23,490 1,054 — 31,170 Total current assets — 1,254,573 315,169 182,209 (17,999 ) 1,733,952 Property and equipment, at cost, net — 533,178 292,341 71,267 — 896,786 Investments 321,083 1,769,572 900,288 936,126 (3,803,575 ) 123,494 Goodwill — — 1,239,155 33,460 (112 ) 1,272,503 Service contracts, net — 73,308 26 1,972 — 75,306 Other assets, net 1,082,343 17,145 2,961,709 3,467 (4,043,756 ) 20,908 $ 1,403,426 $ 3,647,776 $ 5,708,688 $ 1,228,501 $ (7,865,442 ) $ 4,122,949 Liabilities and Shareholders’ Equity Current liabilities: Accounts payable $ (465,247 ) $ (900,579 ) $ 1,435,850 $ 23,927 $ 38,005 $ 131,956 Accrued compensation and related liabilities — 34,861 14,730 3,427 — 53,018 Accrued liabilities — 78,561 205,269 11,015 — 294,845 Income taxes, current — 7,042 40,759 (161 ) — 47,640 Deferred tax (asset) liability — (421 ) 96,143 7,688 — 103,410 Deferred tax liability associated with the investment in Shred-it — 69,100 — 9,357 — 78,457 Long-term debt due within one year — 250,317 (317 ) — — 250,000 Total current liabilities (465,247 ) (461,119 ) 1,792,434 55,253 38,005 959,326 Long-term liabilities: Long-term debt due after one year — 1,058,135 (8,725 ) 590 — 1,050,000 Deferred income taxes — (69,104 ) 229,712 (11,815 ) — 148,793 Accrued liabilities — — 115,362 799 — 116,161 Total long-term liabilities — 989,031 336,349 (10,426 ) — 1,314,954 Total shareholders’ equity 1,868,673 3,119,864 3,579,905 1,183,674 (7,903,447 ) 1,848,669 $ 1,403,426 $ 3,647,776 $ 5,708,688 $ 1,228,501 $ (7,865,442 ) $ 4,122,949 Condensed Consolidating Balance Sheet As of May 31, 2015 (In thousands) Cintas Corporation Corp. 2 Subsidiary Guarantors Non- Guarantors Eliminations Cintas Corporation Consolidated Assets Current assets: Cash and cash equivalents $ — $ 74,145 $ 249,203 $ 93,725 $ — $ 417,073 Marketable securities — — — 16,081 — 16,081 Accounts receivable, net — 358,560 104,964 32,606 — 496,130 Inventories, net — 193,594 21,149 8,870 2,598 226,211 Uniforms and other rental items in service — 399,017 117,473 36,478 (18,963 ) 534,005 Income taxes, current — 1,191 (339 ) 84 — 936 Assets held for sale — 21,341 — — — 21,341 Prepaid expenses and other current assets — 5,514 17,492 1,024 — 24,030 Total current assets — 1,053,362 509,942 188,868 (16,365 ) 1,735,807 Property and equipment, at cost, net — 523,690 275,072 72,659 — 871,421 Investments 321,083 1,956,320 895,393 956,461 (3,799,565 ) 329,692 Goodwill — — 1,180,527 15,197 (112 ) 1,195,612 Service contracts, net — 42,400 34 — — 42,434 Other assets, net 1,154,596 12,373 2,741,950 3,572 (3,894,997 ) 17,494 $ 1,475,679 $ 3,588,145 $ 5,602,918 $ 1,236,757 $ (7,711,039 ) $ 4,192,460 Liabilities and Shareholders’ Equity Current liabilities: Accounts payable $ (465,247 ) $ (877,042 ) $ 1,391,999 $ 21,876 $ 38,021 $ 109,607 Accrued compensation and related liabilities — 59,752 23,989 4,682 — 88,423 Accrued liabilities — 65,022 232,500 13,137 (724 ) 309,935 Deferred tax (asset) liability — (299 ) 104,663 8,025 — 112,389 Liabilities held for sale — 704 — — — 704 Long-term debt due within one year — 293 (293 ) — — — Total current liabilities (465,247 ) (751,570 ) 1,752,858 47,720 37,297 621,058 Long-term liabilities: Long-term debt due after one year — 1,308,452 (9,766 ) 590 724 1,300,000 Deferred income taxes — (5 ) 229,266 (2,323 ) — 226,938 Accrued liabilities — — 111,105 904 — 112,009 Total long-term liabilities — 1,308,447 330,605 (829 ) 724 1,638,947 Total shareholders’ equity 1,940,926 3,031,268 3,519,455 1,189,866 (7,749,060 ) 1,932,455 $ 1,475,679 $ 3,588,145 $ 5,602,918 $ 1,236,757 $ (7,711,039 ) $ 4,192,460 Condensed Consolidating Statement of Cash Flows Three Months Ended August 31, 2015 (In thousands) Cintas Corporation Corp. 2 Subsidiary Guarantors Non- Guarantors Eliminations Cintas Corporation Consolidated Cash flows from operating activities: Net income $ 100,181 $ 27,628 $ 71,643 $ 2,533 $ (101,804 ) $ 100,181 Adjustments to reconcile net income to net cash provided by (used in) operating activities Depreciation — 21,427 12,340 2,398 — 36,165 Amortization of intangible assets — 3,513 40 50 — 3,603 Stock-based compensation 23,917 — — — — 23,917 Gain on sale of Storage Assets — (4,843 ) — — — (4,843 ) Loss on investment in Shred-it Partnership — 13,427 — 1,089 — 14,516 Deferred income taxes — 21 5,784 (173 ) — 5,632 Changes in current assets and liabilities, net of acquisitions of businesses: Accounts receivable, net — (19,744 ) (1,038 ) 1,527 — (19,255 ) Inventories, net — (8,856 ) (1,130 ) (334 ) 2,211 (8,109 ) Uniforms and other rental items in service — (3,076 ) (586 ) (700 ) (577 ) (4,939 ) Prepaid expenses and other current assets — (100 ) (5,998 ) 74 — (6,024 ) Accounts payable — 28,715 (14,970 ) 1,802 (16 ) 15,531 Accrued compensation and related liabilities — (24,891 ) (9,258 ) (1,430 ) — (35,579 ) Accrued liabilities and other — (1,775 ) (22,975 ) (2,227 ) 724 (26,253 ) Income taxes, current — 8,231 40,411 (102 ) — 48,540 Net cash provided by (used in) operating activities 124,098 39,677 74,263 4,507 (99,462 ) 143,083 Cash flows from investing activities: Capital expenditures — (29,695 ) (29,617 ) (3,319 ) — (62,631 ) Proceeds from redemption of marketable securities — — — 152,907 — 152,907 Purchase of marketable securities and investments — 2,215 (10,148 ) (192,097 ) 4,010 (196,020 ) Proceeds from sale of Storage Assets — 24,395 — — — 24,395 Acquisitions of businesses, net of cash acquired — (96,353 ) — (25,081 ) — (121,434 ) Other, net 85,656 59,519 (239,160 ) (1,270 ) 96,176 921 Net cash provided by (used in) investing activities 85,656 (39,919 ) (278,925 ) (68,860 ) 100,186 (201,862 ) Cash flows from financing activities: Proceeds from issuance of debt — — (55 ) 55 — — Repayment of debt — (309 ) 853 164 (724 ) (16 ) Exercise of stock-based compensation awards 11,844 — — — — 11,844 Repurchase of common stock (221,598 ) — — — — (221,598 ) Other, net — 488 — (437 ) — 51 Net cash (used in) provided by financing activities (209,754 ) 179 798 (218 ) (724 ) (209,719 ) Effect of exchange rate changes on cash and cash equivalents — — — (1,715 ) — (1,715 ) Net decrease in cash and cash equivalents — (63 ) (203,864 ) (66,286 ) — (270,213 ) Cash and cash equivalents at beginning of period — 74,145 249,203 93,725 — 417,073 Cash and cash equivalents at end of period $ — $ 74,082 $ 45,339 $ 27,439 $ — $ 146,860 Condensed Consolidating Statement of Cash Flows Three Months Ended August 31, 2014 (In thousands) Cintas Corporation Corp. 2 Subsidiary Guarantors Non- Guarantors Eliminations Cintas Corporation Consolidated Cash flows from operating activities: Net income $ 110,108 $ 33,150 $ 75,016 $ 3,177 $ (111,343 ) $ 110,108 Adjustments to reconcile net income to net cash provided by (used in) operating activities Depreciation — 19,547 13,037 2,864 — 35,448 Amortization of intangible assets — 3,773 15 418 — 4,206 Stock-based compensation 12,280 — — — — 12,280 Gain on deconsolidation of Shredding — (6,619 ) — — — (6,619 ) Gain on sale of stock of an equity method investment — — (21,739 ) — — (21,739 ) Deferred income taxes — — 2,083 25 — 2,108 Changes in current assets and liabilities, net of acquisitions of businesses: Accounts receivable, net — 10,014 (3,852 ) 2,060 — 8,222 Inventories, net — (1,045 ) 2,430 (1,174 ) 1,166 1,377 Uniforms and other rental items in service — (4,450 ) (1,673 ) (1,053 ) 64 (7,112 ) Prepaid expenses and other current assets — 200 (6,288 ) 204 — (5,884 ) Accounts payable — (70,520 ) 71,606 (2,415 ) 4 (1,325 ) Accrued compensation and related liabilities — (28,267 ) (10,204 ) (2,791 ) — (41,262 ) Accrued liabilities and other — (31,741 ) 42,084 (705 ) 746 10,384 Income taxes, current — 6,913 40,601 495 — 48,009 Net cash provided by (used in) operating activities 122,388 (69,045 ) 203,116 1,105 (109,363 ) 148,201 Cash flows from investing activities: Capital expenditures — (22,686 ) (42,239 ) (3,125 ) — (68,050 ) Purchase of marketable securities and investments — (1,721 ) (15,260 ) — 10,000 (6,981 ) Proceeds from Shredding Transaction, net of cash contributed — 3,344 — — — 3,344 Proceeds from sale of stock of an equity method investment — — 29,933 — — 29,933 Dividends received on equity method investment — — 5,247 — — 5,247 Acquisitions of businesses, net of cash acquired — (2,328 ) — — — (2,328 ) Other, net (80,725 ) 94,602 (114,793 ) 823 100,109 16 Net cash (used in) provided by investing activities (80,725 ) 71,211 (137,112 ) (2,302 ) 110,109 (38,819 ) Cash flows from financing activities: Repayment of debt — (450 ) 1,116 (100 ) (746 ) (180 ) Exercise of stock-based compensation awards 13,623 — — — — 13,623 Repurchase of common stock (61,439 ) — — — — (61,439 ) Other, net 6,153 488 — 157 — 6,798 Net cash (used in) provided by financing activities (41,663 ) 38 1,116 57 (746 ) (41,198 ) Effect of exchange rate changes on cash and cash equivalents — — — (19 ) — (19 ) Net increase (decrease) in cash and cash equivalents — 2,204 67,120 (1,159 ) — 68,165 Cash and cash equivalents at beginning of period — 73,540 399,525 40,223 — 513,288 Cash and cash equivalents at end of period $ — $ 75,744 $ 466,645 $ 39,064 $ — $ 581,453

Subsequent Event

Subsequent Event	3 Months Ended
	Aug. 31, 2015
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event On October 1, 2015, we announced that we completed the previously announced transaction to sell our investment in Shred-it to Stericycle, Inc. Cintas’ share of the proceeds are $578.0 million . Cintas also has the opportunity to receive up to $34.0 million in additional consideration in the future, subject to certain holdback provisions. The financial impact of this transaction will be reflected in our second quarter results.

New Accounting Pronouncements (

New Accounting Pronouncements (Policies)	3 Months Ended
	Aug. 31, 2015
Accounting Policies [Abstract]
New Accounting Pronouncements	In May 2014, the Financial Accounting Standards Board (FASB) issued ASU 2014-09, ‘‘Revenue from Contracts with Customers (Topic 606),’’ to clarify revenue recognition principles. This guidance is intended to improve disclosure requirements and enhance the comparability of revenue recognition practices. Improved disclosures under the amended guidance relate to the nature, amount, timing and uncertainty of revenue that is recognized from contracts with customers. This guidance will be effective for reporting periods beginning after December 15, 2017 and will be required to be applied retrospectively. Early application of the amendments in this update is not permitted. Cintas is currently evaluating the impact that ASU 2014-09 will have on its consolidated condensed financial statements. In April 2014, the FASB issued ASU 2014-08, “ Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity,” which amended accounting guidance related to the reporting of discontinued operations and disclosures of disposals of components of an entity. The amended guidance changes the thresholds for disposals to qualify as discontinued operations and requires additional disclosures. This guidance is effective for reporting periods beginning after December 15, 2014 and is required to be applied prospectively. Cintas has adopted ASU 2014-08 during the quarter ended August 31, 2015 and has applied this amended accounting guidance to its investment in Shred-it and will apply it to future transactions, as appropriate. No other new accounting pronouncement recently issued or newly effective had or is expected to have a material impact on the Consolidated Condensed Financial Statements.

Basis of Presentation (Tables)

Basis of Presentation (Tables)	3 Months Ended
	Aug. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Inventory	Inventory is comprised of the following amounts at: (In thousands) August 31, May 31, Raw materials $ 17,783 $ 16,935 Work in process 18,285 17,079 Finished goods 203,978 192,197 $ 240,046 $ 226,211

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Aug. 31, 2015
Fair Value Disclosures [Abstract]
Schedule of Fair Value of Financial Instruments Measured on a Recurring Basis	These financial instruments measured at fair value on a recurring basis are summarized below: As of August 31, 2015 (In thousands) Level 1 Level 2 Level 3 Fair Value Cash and cash equivalents $ 146,860 $ — $ — $ 146,860 Marketable securities: Canadian treasury securities — 53,354 — 53,354 Total assets at fair value $ 146,860 $ 53,354 $ — $ 200,214 As of May 31, 2015 (In thousands) Level 1 Level 2 Level 3 Fair Value Cash and cash equivalents $ 417,073 $ — $ — $ 417,073 Marketable securities: Canadian treasury securities — 16,081 — 16,081 Total assets at fair value $ 417,073 $ 16,081 $ — $ 433,154

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Aug. 31, 2015
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Share	The following table sets forth the computation of basic and diluted earnings per share from continuing operations using the two-class method for amounts attributable to Cintas’ common shares: Three Months Ended (In thousands except per share data) August 31, August 31, Basic Earnings per Share from Continuing Operations Income from continuing operations $ 106,198 $ 105,905 Less: income from continuing operations allocated to participating securities 1,742 591 Income from continuing operations available to common shareholders $ 104,456 $ 105,314 Basic weighted average common shares outstanding 110,597 116,659 Basic earnings per share from continuing operations $ 0.94 $ 0.90 Three Months Ended (In thousands except per share data) August 31, August 31, Diluted Earnings per Share from Continuing Operations Income from continuing operations $ 106,198 $ 105,905 Less: income from continuing operations allocated to participating securities 1,742 591 Income from continuing operations available to common shareholders $ 104,456 $ 105,314 Basic weighted average common shares outstanding 110,597 116,659 Effect of dilutive securities – employee stock options 1,632 1,371 Diluted weighted average common shares outstanding 112,229 118,030 Diluted earnings per share from continuing operations $ 0.93 $ 0.89

Goodwill, Service Contracts a27

Goodwill, Service Contracts and Other Assets (Tables)	3 Months Ended
	Aug. 31, 2015
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, 2015 , 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, 2015 $ 943,909 $ 154,954 $ 96,749 $ 1,195,612 Goodwill acquired — 77,630 54 77,684 Foreign currency translation (757 ) — (36 ) (793 ) Balance as of August 31, 2015 $ 943,152 $ 232,584 $ 96,767 $ 1,272,503
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, 2015 $ 6,677 $ 1,576 $ 34,181 $ 42,434 Service contracts acquired — 34,970 940 35,910 Service contracts amortization (1,088 ) (439 ) (1,511 ) (3,038 ) Balance as of August 31, 2015 $ 5,589 $ 36,107 $ 33,610 $ 75,306
Information Regarding Service Contracts and Other Assets	Information regarding Cintas’ service contracts and other assets is as follows: As of August 31, 2015 (In thousands) Carrying Amount Accumulated Amortization Net Service contracts $ 375,647 $ 300,341 $ 75,306 Noncompete and consulting agreements $ 42,290 $ 40,483 $ 1,807 Other 27,013 7,912 19,101 Total other assets $ 69,303 $ 48,395 $ 20,908 As of May 31, 2015 (In thousands) Carrying Amount Accumulated Amortization Net Service contracts $ 340,816 $ 298,382 $ 42,434 Noncompete and consulting agreements $ 41,828 $ 40,379 $ 1,449 Other 23,595 7,550 16,045 Total other assets $ 65,423 $ 47,929 $ 17,494

Acquisitions (Tables)

Acquisitions (Tables)	3 Months Ended
	Aug. 31, 2015
Business Combinations [Abstract]
Schedule of Assets Acquired and Liabilities Assumed	The assets acquired and liabilities assumed are valued at the estimated fair value at the acquisition date as required by GAAP. (In thousands) Assets: Cash and cash equivalents $ 431 Accounts receivable 17,310 Inventory 6,195 Other current assets 1,477 Property, plant and equipment 1,354 Goodwill 77,630 Service contracts 34,970 Other intangibles 4,500 Liabilities: Accounts payable (7,342 ) Accrued liabilities (2,525 ) Total Consideration $ 134,000

Accumulated Other Comprehensi29

Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Aug. 31, 2015
Equity [Abstract]
Schedule of Changes in Accumulated Other Comprehensive Income (Loss)	The following table summarizes the changes in the accumulated balances for each component of accumulated other comprehensive income (loss), net of tax: (In thousands) Foreign Currency Unrealized Loss on Derivatives Other Total Balance at June 1, 2015 $ 2,987 $ (10,626 ) $ (832 ) $ (8,471 ) Other comprehensive loss before reclassifications (12,013 ) — (8 ) (12,021 ) Amounts reclassified from accumulated other comprehensive income (loss) — 488 — 488 Net current period other comprehensive (loss) income (12,013 ) 488 (8 ) (11,533 ) Balance at August 31, 2015 (9,026 ) (10,138 ) (840 ) (20,004 ) (In thousands) Foreign Currency Unrealized Loss on Derivatives Other Total Balance at June 1, 2014 $ 41,525 $ (12,615 ) $ (482 ) $ 28,428 Other comprehensive (loss) income before reclassifications (2,115 ) 17 — (2,098 ) Amounts reclassified from accumulated other comprehensive income (loss) — 488 — 488 Net current period other comprehensive (loss) income (2,115 ) 505 — (1,610 ) Balance at August 31, 2014 39,410 (12,110 ) (482 ) 26,818
Schedule of Reclassifications Out of Accumulated Other Comprehensive (Loss) Income	The following table summarizes the reclassifications out of accumulated other comprehensive (loss) income: Reclassifications out of Accumulated Other Comprehensive (Loss) Income Details about Accumulated Other Comprehensive (Loss) Income Components Amount Reclassified from Accumulated Other Comprehensive (Loss) Income Affected Line in the Consolidated Condensed Statements of Income Three Months Ended (In thousands) August 31, 2015 August 31, 2014 Amortization of interest rate locks $ (783 ) $ (783 ) Interest expense Tax benefit 295 295 Income taxes Amortization of interest rate locks, net of tax $ (488 ) $ (488 ) Net of tax

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Aug. 31, 2015
Segment Reporting [Abstract]
Information Related to Operating Segments	Information related to the operations of Cintas’ operating segments is set forth below: (In thousands) Uniform Rental and Facility Services First Aid and Safety Services All Other Corporate (1) Total As of and for the three months ended August 31, 2015 Revenue $ 938,408 $ 99,488 $ 160,994 $ — $ 1,198,890 Income (loss) before income taxes $ 165,381 $ 8,592 $ 11,534 $ (16,293 ) $ 169,214 Total assets $ 2,870,622 $ 398,237 $ 342,712 $ 511,378 $ 4,122,949 As of and for the three months ended August 31, 2014 Revenue $ 873,698 $ 79,924 $ 148,455 $ — $ 1,102,077 Income before income taxes $ 144,816 $ 9,147 $ 9,525 $ 5,209 $ 168,697 Total assets $ 2,861,790 $ 260,580 $ 354,260 $ 1,079,640 $ 4,556,270 (1) Corporate assets as of August 31, 2015 include the investment in Shred-it, which is classified as held for sale. Corporate assets as of August 31, 2014 include the assets of Storage, which was classified as held for sale, and the investment in Shred-it.

Discontinued Operations (Tables

Discontinued Operations (Tables)	3 Months Ended
	Aug. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Discontinued Operations	Following is selected financial information included in net (loss) income from discontinued operations for Shred-it, Shredding and the Storage business: Three Months Ended (In thousands) August 31, August 31, Revenue $ — $ 20,785 Income before income taxes 237 575 Income tax expense (85 ) (240 ) Gain on sale of Storage Assets 4,843 — Loss on investment in Shred-it Partnership (14,516 ) — Gain on the deconsolidation of Shredding (1) — 6,619 Income tax benefit (expense) on (loss) gain 3,504 (2,751 ) Net (loss) income from discontinued operations $ (6,017 ) $ 4,203 (1) Results for the three months ended August 31, 2014 related to the gain on the deconsolidation of Shredding were previously presented in continuing operations and were reclassified to discontinued operations as previously discussed.

Supplemental Guarantor Inform32

Supplemental Guarantor Information (Tables)	3 Months Ended
	Aug. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Consolidating Income Statement	Condensed Consolidating Income Statement Three Months Ended August 31, 2015 (In thousands) Cintas Corp. 2 Subsidiary Non- Eliminations Cintas Corporation Consolidated Revenue: Uniform rental and facility services $ — $ 721,329 $ 202,265 $ 54,012 $ (39,198 ) $ 938,408 Other — 372,611 1,293 14,811 (128,233 ) 260,482 Equity in net income of affiliates 106,198 — — — (106,198 ) — 106,198 1,093,940 203,558 68,823 (273,629 ) 1,198,890 Costs and expenses (income): Cost of uniform rental and facility services — 440,580 116,832 37,357 (76,266 ) 518,503 Cost of other — 237,369 (8,643 ) 9,570 (82,053 ) 156,243 Selling and administrative expenses — 347,076 (18,855 ) 17,880 (7,464 ) 338,637 Operating income 106,198 68,915 114,224 4,016 (107,846 ) 185,507 Interest income — — (48 ) (71 ) — (119 ) Interest expense (income) — 16,375 38 (1 ) — 16,412 Income before income taxes 106,198 52,540 114,234 4,088 (107,846 ) 169,214 Income taxes — 19,589 42,591 861 (25 ) 63,016 Income from continuing operations 106,198 32,951 71,643 3,227 (107,821 ) 106,198 Loss from discontinued operations, net of tax (6,017 ) (5,323 ) — (694 ) 6,017 (6,017 ) Net income $ 100,181 $ 27,628 $ 71,643 $ 2,533 $ (101,804 ) $ 100,181 Condensed Consolidating Income Statement Three Months Ended August 31, 2014 (In thousands) Cintas Corp. 2 Subsidiary Non- Eliminations Cintas Corporation Consolidated Revenue: Uniform rental and facility services $ — $ 665,874 $ 183,181 $ 59,861 $ (35,218 ) $ 873,698 Other — 336,480 481 13,744 (122,326 ) 228,379 Equity in net income of affiliates 105,905 — — — (105,905 ) — 105,905 1,002,354 183,662 73,605 (263,449 ) 1,102,077 Costs and expenses (income): Cost of uniform rental and facility services — 408,371 110,922 40,282 (68,900 ) 490,675 Cost of other — 217,942 (10,657 ) 8,957 (82,786 ) 133,456 Selling and administrative expenses — 314,002 (14,006 ) 19,074 (4,612 ) 314,458 Operating income 105,905 62,039 97,403 5,292 (107,151 ) 163,488 Gain on sale of stock of an equity method investment — — 21,739 — — 21,739 Interest income — (5 ) (48 ) — — (53 ) Interest expense — 16,409 170 4 — 16,583 Income before income taxes 105,905 45,635 119,020 5,288 (107,151 ) 168,697 Income taxes — 16,748 44,004 2,051 (11 ) 62,792 Income from continuing operations 105,905 28,887 75,016 3,237 (107,140 ) 105,905 Income (loss) from discontinued operations, net of tax 4,203 4,263 — (60 ) (4,203 ) 4,203 Net income $ 110,108 $ 33,150 $ 75,016 $ 3,177 $ (111,343 ) $ 110,108
Condensed Consolidating Statement of Comprehensive Income	Condensed Consolidating Statement of Comprehensive Income Three Months Ended August 31, 2015 (In thousands) Cintas Corp. 2 Subsidiary Non- Eliminations Cintas Corporation Consolidated Net income $ 100,181 $ 27,628 $ 71,643 $ 2,533 $ (101,804 ) $ 100,181 Other comprehensive (loss) income, net of tax: Foreign currency translation adjustments — — — (12,013 ) — (12,013 ) Amortization of interest rate lock agreements — 488 — — — 488 Change in fair value of available-for-sale securities — — — (8 ) — (8 ) Other comprehensive income (loss) — 488 — (12,021 ) — (11,533 ) Comprehensive income (loss) $ 100,181 $ 28,116 $ 71,643 $ (9,488 ) $ (101,804 ) $ 88,648 Condensed Consolidating Statement of Comprehensive Income Three Months Ended August 31, 2014 (In thousands) Cintas Corp. 2 Subsidiary Non- Eliminations Cintas Corporation Consolidated Net income $ 110,108 $ 33,150 $ 75,016 $ 3,177 $ (111,343 ) $ 110,108 Other comprehensive (loss) income, net of tax: Foreign currency translation adjustments — — — (2,115 ) — (2,115 ) Change in fair value of derivatives — — — 17 — 17 Amortization of interest rate lock agreements — 488 — — — 488 Other comprehensive income (loss) — 488 — (2,098 ) — (1,610 ) Comprehensive income $ 110,108 $ 33,638 $ 75,016 $ 1,079 $ (111,343 ) $ 108,498
Condensed Consolidating Balance Sheet	Condensed Consolidating Balance Sheet As of August 31, 2015 (In thousands) Cintas Corporation Corp. 2 Subsidiary Guarantors Non- Guarantors Eliminations Cintas Corporation Consolidated Assets Current assets: Cash and cash equivalents $ — $ 74,082 $ 45,339 $ 27,439 $ — $ 146,860 Marketable securities — — — 53,354 — 53,354 Accounts receivable, net — 392,911 106,001 32,215 — 531,127 Inventories, net — 207,755 22,280 9,624 387 240,046 Uniforms and other rental items in service — 402,093 118,059 35,354 (18,386 ) 537,120 Assets held for sale — 171,106 — 23,169 — 194,275 Prepaid expenses and other current assets — 6,626 23,490 1,054 — 31,170 Total current assets — 1,254,573 315,169 182,209 (17,999 ) 1,733,952 Property and equipment, at cost, net — 533,178 292,341 71,267 — 896,786 Investments 321,083 1,769,572 900,288 936,126 (3,803,575 ) 123,494 Goodwill — — 1,239,155 33,460 (112 ) 1,272,503 Service contracts, net — 73,308 26 1,972 — 75,306 Other assets, net 1,082,343 17,145 2,961,709 3,467 (4,043,756 ) 20,908 $ 1,403,426 $ 3,647,776 $ 5,708,688 $ 1,228,501 $ (7,865,442 ) $ 4,122,949 Liabilities and Shareholders’ Equity Current liabilities: Accounts payable $ (465,247 ) $ (900,579 ) $ 1,435,850 $ 23,927 $ 38,005 $ 131,956 Accrued compensation and related liabilities — 34,861 14,730 3,427 — 53,018 Accrued liabilities — 78,561 205,269 11,015 — 294,845 Income taxes, current — 7,042 40,759 (161 ) — 47,640 Deferred tax (asset) liability — (421 ) 96,143 7,688 — 103,410 Deferred tax liability associated with the investment in Shred-it — 69,100 — 9,357 — 78,457 Long-term debt due within one year — 250,317 (317 ) — — 250,000 Total current liabilities (465,247 ) (461,119 ) 1,792,434 55,253 38,005 959,326 Long-term liabilities: Long-term debt due after one year — 1,058,135 (8,725 ) 590 — 1,050,000 Deferred income taxes — (69,104 ) 229,712 (11,815 ) — 148,793 Accrued liabilities — — 115,362 799 — 116,161 Total long-term liabilities — 989,031 336,349 (10,426 ) — 1,314,954 Total shareholders’ equity 1,868,673 3,119,864 3,579,905 1,183,674 (7,903,447 ) 1,848,669 $ 1,403,426 $ 3,647,776 $ 5,708,688 $ 1,228,501 $ (7,865,442 ) $ 4,122,949 Condensed Consolidating Balance Sheet As of May 31, 2015 (In thousands) Cintas Corporation Corp. 2 Subsidiary Guarantors Non- Guarantors Eliminations Cintas Corporation Consolidated Assets Current assets: Cash and cash equivalents $ — $ 74,145 $ 249,203 $ 93,725 $ — $ 417,073 Marketable securities — — — 16,081 — 16,081 Accounts receivable, net — 358,560 104,964 32,606 — 496,130 Inventories, net — 193,594 21,149 8,870 2,598 226,211 Uniforms and other rental items in service — 399,017 117,473 36,478 (18,963 ) 534,005 Income taxes, current — 1,191 (339 ) 84 — 936 Assets held for sale — 21,341 — — — 21,341 Prepaid expenses and other current assets — 5,514 17,492 1,024 — 24,030 Total current assets — 1,053,362 509,942 188,868 (16,365 ) 1,735,807 Property and equipment, at cost, net — 523,690 275,072 72,659 — 871,421 Investments 321,083 1,956,320 895,393 956,461 (3,799,565 ) 329,692 Goodwill — — 1,180,527 15,197 (112 ) 1,195,612 Service contracts, net — 42,400 34 — — 42,434 Other assets, net 1,154,596 12,373 2,741,950 3,572 (3,894,997 ) 17,494 $ 1,475,679 $ 3,588,145 $ 5,602,918 $ 1,236,757 $ (7,711,039 ) $ 4,192,460 Liabilities and Shareholders’ Equity Current liabilities: Accounts payable $ (465,247 ) $ (877,042 ) $ 1,391,999 $ 21,876 $ 38,021 $ 109,607 Accrued compensation and related liabilities — 59,752 23,989 4,682 — 88,423 Accrued liabilities — 65,022 232,500 13,137 (724 ) 309,935 Deferred tax (asset) liability — (299 ) 104,663 8,025 — 112,389 Liabilities held for sale — 704 — — — 704 Long-term debt due within one year — 293 (293 ) — — — Total current liabilities (465,247 ) (751,570 ) 1,752,858 47,720 37,297 621,058 Long-term liabilities: Long-term debt due after one year — 1,308,452 (9,766 ) 590 724 1,300,000 Deferred income taxes — (5 ) 229,266 (2,323 ) — 226,938 Accrued liabilities — — 111,105 904 — 112,009 Total long-term liabilities — 1,308,447 330,605 (829 ) 724 1,638,947 Total shareholders’ equity 1,940,926 3,031,268 3,519,455 1,189,866 (7,749,060 ) 1,932,455 $ 1,475,679 $ 3,588,145 $ 5,602,918 $ 1,236,757 $ (7,711,039 ) $ 4,192,460
Condensed Consolidating Statement of Cash Flows	Condensed Consolidating Statement of Cash Flows Three Months Ended August 31, 2015 (In thousands) Cintas Corporation Corp. 2 Subsidiary Guarantors Non- Guarantors Eliminations Cintas Corporation Consolidated Cash flows from operating activities: Net income $ 100,181 $ 27,628 $ 71,643 $ 2,533 $ (101,804 ) $ 100,181 Adjustments to reconcile net income to net cash provided by (used in) operating activities Depreciation — 21,427 12,340 2,398 — 36,165 Amortization of intangible assets — 3,513 40 50 — 3,603 Stock-based compensation 23,917 — — — — 23,917 Gain on sale of Storage Assets — (4,843 ) — — — (4,843 ) Loss on investment in Shred-it Partnership — 13,427 — 1,089 — 14,516 Deferred income taxes — 21 5,784 (173 ) — 5,632 Changes in current assets and liabilities, net of acquisitions of businesses: Accounts receivable, net — (19,744 ) (1,038 ) 1,527 — (19,255 ) Inventories, net — (8,856 ) (1,130 ) (334 ) 2,211 (8,109 ) Uniforms and other rental items in service — (3,076 ) (586 ) (700 ) (577 ) (4,939 ) Prepaid expenses and other current assets — (100 ) (5,998 ) 74 — (6,024 ) Accounts payable — 28,715 (14,970 ) 1,802 (16 ) 15,531 Accrued compensation and related liabilities — (24,891 ) (9,258 ) (1,430 ) — (35,579 ) Accrued liabilities and other — (1,775 ) (22,975 ) (2,227 ) 724 (26,253 ) Income taxes, current — 8,231 40,411 (102 ) — 48,540 Net cash provided by (used in) operating activities 124,098 39,677 74,263 4,507 (99,462 ) 143,083 Cash flows from investing activities: Capital expenditures — (29,695 ) (29,617 ) (3,319 ) — (62,631 ) Proceeds from redemption of marketable securities — — — 152,907 — 152,907 Purchase of marketable securities and investments — 2,215 (10,148 ) (192,097 ) 4,010 (196,020 ) Proceeds from sale of Storage Assets — 24,395 — — — 24,395 Acquisitions of businesses, net of cash acquired — (96,353 ) — (25,081 ) — (121,434 ) Other, net 85,656 59,519 (239,160 ) (1,270 ) 96,176 921 Net cash provided by (used in) investing activities 85,656 (39,919 ) (278,925 ) (68,860 ) 100,186 (201,862 ) Cash flows from financing activities: Proceeds from issuance of debt — — (55 ) 55 — — Repayment of debt — (309 ) 853 164 (724 ) (16 ) Exercise of stock-based compensation awards 11,844 — — — — 11,844 Repurchase of common stock (221,598 ) — — — — (221,598 ) Other, net — 488 — (437 ) — 51 Net cash (used in) provided by financing activities (209,754 ) 179 798 (218 ) (724 ) (209,719 ) Effect of exchange rate changes on cash and cash equivalents — — — (1,715 ) — (1,715 ) Net decrease in cash and cash equivalents — (63 ) (203,864 ) (66,286 ) — (270,213 ) Cash and cash equivalents at beginning of period — 74,145 249,203 93,725 — 417,073 Cash and cash equivalents at end of period $ — $ 74,082 $ 45,339 $ 27,439 $ — $ 146,860 Condensed Consolidating Statement of Cash Flows Three Months Ended August 31, 2014 (In thousands) Cintas Corporation Corp. 2 Subsidiary Guarantors Non- Guarantors Eliminations Cintas Corporation Consolidated Cash flows from operating activities: Net income $ 110,108 $ 33,150 $ 75,016 $ 3,177 $ (111,343 ) $ 110,108 Adjustments to reconcile net income to net cash provided by (used in) operating activities Depreciation — 19,547 13,037 2,864 — 35,448 Amortization of intangible assets — 3,773 15 418 — 4,206 Stock-based compensation 12,280 — — — — 12,280 Gain on deconsolidation of Shredding — (6,619 ) — — — (6,619 ) Gain on sale of stock of an equity method investment — — (21,739 ) — — (21,739 ) Deferred income taxes — — 2,083 25 — 2,108 Changes in current assets and liabilities, net of acquisitions of businesses: Accounts receivable, net — 10,014 (3,852 ) 2,060 — 8,222 Inventories, net — (1,045 ) 2,430 (1,174 ) 1,166 1,377 Uniforms and other rental items in service — (4,450 ) (1,673 ) (1,053 ) 64 (7,112 ) Prepaid expenses and other current assets — 200 (6,288 ) 204 — (5,884 ) Accounts payable — (70,520 ) 71,606 (2,415 ) 4 (1,325 ) Accrued compensation and related liabilities — (28,267 ) (10,204 ) (2,791 ) — (41,262 ) Accrued liabilities and other — (31,741 ) 42,084 (705 ) 746 10,384 Income taxes, current — 6,913 40,601 495 — 48,009 Net cash provided by (used in) operating activities 122,388 (69,045 ) 203,116 1,105 (109,363 ) 148,201 Cash flows from investing activities: Capital expenditures — (22,686 ) (42,239 ) (3,125 ) — (68,050 ) Purchase of marketable securities and investments — (1,721 ) (15,260 ) — 10,000 (6,981 ) Proceeds from Shredding Transaction, net of cash contributed — 3,344 — — — 3,344 Proceeds from sale of stock of an equity method investment — — 29,933 — — 29,933 Dividends received on equity method investment — — 5,247 — — 5,247 Acquisitions of businesses, net of cash acquired — (2,328 ) — — — (2,328 ) Other, net (80,725 ) 94,602 (114,793 ) 823 100,109 16 Net cash (used in) provided by investing activities (80,725 ) 71,211 (137,112 ) (2,302 ) 110,109 (38,819 ) Cash flows from financing activities: Repayment of debt — (450 ) 1,116 (100 ) (746 ) (180 ) Exercise of stock-based compensation awards 13,623 — — — — 13,623 Repurchase of common stock (61,439 ) — — — — (61,439 ) Other, net 6,153 488 — 157 — 6,798 Net cash (used in) provided by financing activities (41,663 ) 38 1,116 57 (746 ) (41,198 ) Effect of exchange rate changes on cash and cash equivalents — — — (19 ) — (19 ) Net increase (decrease) in cash and cash equivalents — 2,204 67,120 (1,159 ) — 68,165 Cash and cash equivalents at beginning of period — 73,540 399,525 40,223 — 513,288 Cash and cash equivalents at end of period $ — $ 75,744 $ 466,645 $ 39,064 $ — $ 581,453

Basis of Presentation - Invento

Basis of Presentation - Inventories (Details) - USD ($) $ in Thousands	Aug. 31, 2015	May. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Raw materials	$ 17,783	$ 16,935
Work in process	18,285	17,079
Finished goods	203,978	192,197
Inventories, net	$ 240,046	$ 226,211

Fair Value Measurements - Finan

Fair Value Measurements - Financial Instruments on a Recurring Basis (Details) - USD ($) $ in Thousands	Aug. 31, 2015	May. 31, 2015
Fair value on a recurring basis
Marketable securities	$ 53,354	$ 16,081
Fair Value, Measurements, Recurring
Fair value on a recurring basis
Cash and cash equivalents	146,860	417,073
Total assets at fair value	200,214	433,154
Level 1 | Fair Value, Measurements, Recurring
Fair value on a recurring basis
Cash and cash equivalents	146,860	417,073
Total assets at fair value	146,860	417,073
Level 2 | Fair Value, Measurements, Recurring
Fair value on a recurring basis
Cash and cash equivalents	0	0
Total assets at fair value	53,354	16,081
Level 3 | Fair Value, Measurements, Recurring
Fair value on a recurring basis
Cash and cash equivalents	0	0
Total assets at fair value	0	0
Canadian treasury securities | Fair Value, Measurements, Recurring
Fair value on a recurring basis
Marketable securities	53,354	16,081
Canadian treasury securities | Level 1 | Fair Value, Measurements, Recurring
Fair value on a recurring basis
Marketable securities	0	0
Canadian treasury securities | Level 2 | Fair Value, Measurements, Recurring
Fair value on a recurring basis
Marketable securities	53,354	16,081
Canadian treasury securities | Level 3 | Fair Value, Measurements, Recurring
Fair value on a recurring basis
Marketable securities	$ 0	$ 0

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Aug. 31, 2015	May. 31, 2015
Fair value on a recurring basis
Contractual maturities (less than)	1 year	1 year
Canadian treasury securities
Fair value on a recurring basis
Amortized cost basis of marketable securities	$ 53.4	$ 16.1

Investments - Narrative (Detail

Investments - Narrative (Details) - USD ($)	Jun. 30, 2014	Aug. 31, 2015	Aug. 31, 2014	May. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Investments		$ 123,494,000		$ 329,692,000
Equity method investments		14,600,000		225,700,000
Cash surrender value of insurance policies		106,700,000		101,800,000
Cost method investments		2,200,000		$ 2,200,000
Dividends received on equity method investment	$ 5,200,000	0	$ 5,247,000
Cash received from sale of equity method investment	$ 35,200,000
Gain on sale of stock of an equity method investment, net of tax			13,600,000
Losses due to impairment		$ 0	$ 0

Earnings Per Share - Computatio

Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Aug. 31, 2015	Aug. 31, 2014
Basic Earnings per Share from Continuing Operations
Income from continuing operations	$ 106,198	$ 105,905
Less: income from continuing operations allocated to participating securities	1,742	591
Income from continuing operations available to common shareholders	$ 104,456	$ 105,314
Basic weighted average common shares outstanding (shares)	110,597	116,659
Basic earnings per common share:
Basic earnings per share, continuing operations (dollars per share)	$ 0.94	$ 0.90
Diluted Earnings per Share from Continuing Operations
Income from continuing operations	$ 106,198	$ 105,905
Less: income from continuing operations allocated to participating securities	1,742	591
Income from continuing operations available to common shareholders	$ 104,456	$ 105,314
Basic weighted average common shares outstanding (shares)	110,597	116,659
Effect of dilutive securities - employee stock options (shares)	1,632	1,371
Diluted weighted average common shares outstanding (shares)	112,229	118,030
Diluted earnings per share:
Diluted earnings per share, continuing operations (dollars per share)	$ 0.93	$ 0.89

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details) - USD ($) $ / shares in Units, shares in Millions	Aug. 04, 2015	Oct. 09, 2015	Aug. 31, 2015	Aug. 31, 2014	Sep. 30, 2015	Jan. 13, 2015
Earnings Per Share, Basic and Diluted [Line Items]
Basic and diluted (loss) earnings per share from discontinued operations (dollars per share)			$ (0.05)	$ 0.04
Options granted and excluded from the computation of diluted earnings per share (shares)			0.5	0.6
Common stock purchased under share buyback	1.4		2.4
Common stock purchased under a share buyback, average price per share			$ 85.65
Aggregate purchase price of common stock under a share buyback program	$ 120,000,000		$ 202,500,000
Employee payroll taxes due on restricted stock
Earnings Per Share, Basic and Diluted [Line Items]
Common stock purchased under share buyback			0.2
Common stock purchased under a share buyback, average price per share			$ 85.54
Aggregate purchase price of common stock under a share buyback program			$ 19,100,000
January 13, 2015
Earnings Per Share, Basic and Diluted [Line Items]
Share buyback program, authorized amount						$ 500,000,000
August 4, 2015
Earnings Per Share, Basic and Diluted [Line Items]
Share buyback program, authorized amount	$ 500,000,000
Subsequent Event
Earnings Per Share, Basic and Diluted [Line Items]
Common stock purchased under share buyback		2.1			5.9
Common stock purchased under a share buyback, average price per share					$ 84.07
Aggregate purchase price of common stock under a share buyback program		$ 180,400,000			$ 500,000,000

Goodwill, Service Contracts a39

Goodwill, Service Contracts and Other Assets - Narrative (Details) - USD ($)	3 Months Ended
	Aug. 31, 2015	Aug. 31, 2014	Jun. 01, 2015	May. 31, 2015
Goodwill [Line Items]
Goodwill impairment	$ 0
Goodwill	1,272,503,000			$ 1,195,612,000
Amortization expense for continuing operations	3,600,000	$ 3,500,000
Estimated amortization expense, year one	14,600,000
Estimated amortization expense, year two	11,200,000
Estimated amortization expense, year three	10,300,000
Estimated amortization expense, year four	9,600,000
Estimated amortization expense, year five	9,200,000
Uniform Rental and Facility Services
Goodwill [Line Items]
Goodwill	943,152,000		$ 943,900,000	943,909,000
First Aid and Safety Services
Goodwill [Line Items]
Goodwill	232,584,000		155,000,000	154,954,000
All Other
Goodwill [Line Items]
Goodwill	$ 96,767,000		$ 96,700,000	$ 96,749,000

Goodwill, Service Contracts a40

Goodwill, Service Contracts and Other Assets - Changes in Carrying Amount of Goodwill (Details) $ in Thousands	3 Months Ended
	Aug. 31, 2015USD ($)
Goodwill [Roll Forward]
Balance as of June 1, 2015	$ 1,195,612
Goodwill acquired	77,684
Foreign currency translation	(793)
Balance as of August 31, 2015	1,272,503
Uniform Rental and Facility Services
Goodwill [Roll Forward]
Balance as of June 1, 2015	943,909
Goodwill acquired	0
Foreign currency translation	(757)
Balance as of August 31, 2015	943,152
First Aid and Safety Services
Goodwill [Roll Forward]
Balance as of June 1, 2015	154,954
Goodwill acquired	77,630
Foreign currency translation	0
Balance as of August 31, 2015	232,584
All Other
Goodwill [Roll Forward]
Balance as of June 1, 2015	96,749
Goodwill acquired	54
Foreign currency translation	(36)
Balance as of August 31, 2015	$ 96,767

Goodwill, Service Contracts a41

Goodwill, Service Contracts and Other Assets - Changes in Carrying Amount of Service Contracts (Details) $ in Thousands	3 Months Ended
	Aug. 31, 2015USD ($)
Service contracts [Roll Forward]
Balance as of June 1, 2015	$ 42,434
Service contracts acquired	35,910
Service contracts amortization	(3,038)
Balance as of August 31, 2015	75,306
Uniform Rental and Facility Services
Service contracts [Roll Forward]
Balance as of June 1, 2015	6,677
Service contracts acquired	0
Service contracts amortization	(1,088)
Balance as of August 31, 2015	5,589
First Aid and Safety Services
Service contracts [Roll Forward]
Balance as of June 1, 2015	1,576
Service contracts acquired	34,970
Service contracts amortization	(439)
Balance as of August 31, 2015	36,107
All Other
Service contracts [Roll Forward]
Balance as of June 1, 2015	34,181
Service contracts acquired	940
Service contracts amortization	(1,511)
Balance as of August 31, 2015	$ 33,610

Goodwill, Service Contracts a42

Goodwill, Service Contracts and Other Assets - Information Regarding Service Contracts and Other Assets (Details) - USD ($) $ in Thousands	Aug. 31, 2015	May. 31, 2015
Information regarding service contracts and other assets
Service contracts, net	$ 75,306	$ 42,434
Other assets, carrying amount	69,303	65,423
Other assets, accumulated amortization	48,395	47,929
Other assets, net	20,908	17,494
Noncompete and consulting agreements
Information regarding service contracts and other assets
Other assets, carrying amount	42,290	41,828
Other assets, accumulated amortization	40,483	40,379
Other assets, net	1,807	1,449
Other
Information regarding service contracts and other assets
Other assets, carrying amount	27,013	23,595
Other assets, accumulated amortization	7,912	7,550
Other assets, net	19,101	16,045
Service Contracts
Information regarding service contracts and other assets
Service contracts, carrying amount	375,647	340,816
Service contracts, accumulated amortization	300,341	298,382
Service contracts, net	$ 75,306	$ 42,434

Debt, Derivatives and Hedging43

Debt, Derivatives and Hedging Activities (Details) - USD ($)	3 Months Ended
	Aug. 31, 2015	Aug. 31, 2014	May. 31, 2015
Line of Credit Facility [Line Items]
Commercial paper program availability	$ 300,000,000
Revolving credit facility, maximum borrowing capacity with accordion feature	450,000,000
Revolving credit facility amount outstanding	0		$ 0
Amortization of interest rate lock agreements	488,000	$ 488,000
Level 2 | Foreign Exchange Forward | Fair Value, Measurements, Recurring
Line of Credit Facility [Line Items]
Current accrued liabilities for foreign currency forward contracts	0
Unsecured Debt
Line of Credit Facility [Line Items]
Long-term debt, carrying amount	1,300,000,000		1,300,000,000
Long-term debt, fair value	$ 1,415,100,000		$ 1,418,600,000

Income Taxes (Details)

Income Taxes (Details) $ in Millions	3 Months Ended
	Aug. 31, 2015USD ($)
Income Tax Disclosure [Abstract]
Unrecognized tax benefits, period increase	$ 0.5
Unrecognized tax benefits, increase in accrued interest (less than)	0.1
Decrease in unrecognized tax benefit reasonably possible in the next twelve months	$ 3.4

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Details) - ZEE Medical, Inc.	Aug. 01, 2015USD ($)
Business Acquisition [Line Items]
Consideration transferred	$ 134,000,000
Cash consideration	120,600,000
Contingent consideration subject to holdback provisions	13,400,000
Goodwill expected to be deductible for income tax purposes	$ 0
Goodwill, Service Contracts and Other Intangibles | Level 3
Business Acquisition [Line Items]
Discount rate	11.00%

Acquisitions - Schedule of Asse

Acquisitions - Schedule of Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Aug. 31, 2015	Aug. 01, 2015	May. 31, 2015
Assets:
Goodwill	$ 1,272,503		$ 1,195,612
ZEE Medical, Inc.
Assets:
Cash and cash equivalents		$ 431
Accounts receivable		17,310
Inventory		6,195
Other current assets		1,477
Property, plant and equipment		1,354
Goodwill		77,630
Liabilities:
Accounts payable		(7,342)
Accrued liabilities		(2,525)
Total Consideration		134,000
Service contracts | ZEE Medical, Inc.
Assets:
Intangible Assets		34,970
Other intangibles | ZEE Medical, Inc.
Assets:
Intangible Assets		$ 4,500

Litigation and Other Continge47

Litigation and Other Contingencies (Details)	1 Months Ended
	Sep. 30, 2010individual
Serrano lawsuit
Loss Contingencies [Line Items]
Number of plaintiffs (individual)	13

Accumulated Other Comprehensi48

Accumulated Other Comprehensive Income (Loss) - Changes in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Aug. 31, 2015	Aug. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance	$ (8,471)	$ 28,428
Other comprehensive loss before reclassifications	(12,021)	(2,098)
Amounts reclassified from accumulated other comprehensive income (loss)	488	488
Other comprehensive loss	(11,533)	(1,610)
Ending Balance	(20,004)	26,818
Foreign Currency
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance	2,987	41,525
Other comprehensive loss before reclassifications	(12,013)	(2,115)
Amounts reclassified from accumulated other comprehensive income (loss)	0	0
Other comprehensive loss	(12,013)	(2,115)
Ending Balance	(9,026)	39,410
Unrealized Loss on Derivatives
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance	(10,626)	(12,615)
Other comprehensive loss before reclassifications	0	17
Amounts reclassified from accumulated other comprehensive income (loss)	488	488
Other comprehensive loss	488	505
Ending Balance	(10,138)	(12,110)
Other
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance	(832)	(482)
Other comprehensive loss before reclassifications	(8)	0
Amounts reclassified from accumulated other comprehensive income (loss)	0	0
Other comprehensive loss	(8)	0
Ending Balance	$ (840)	$ (482)

Accumulated Other Comprehensi49

Accumulated Other Comprehensive Income (Loss) - Reclassifications Out of Accumulated Other Comprehensive (Loss) Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Aug. 31, 2015	Aug. 31, 2014
Equity [Abstract]
Amortization of interest rate locks	$ (783)	$ (783)
Tax benefit	295	295
Amortization of interest rate locks, net of tax	$ (488)	$ (488)

Segment Information (Details)

Segment Information (Details) $ in Thousands		3 Months Ended
		Aug. 31, 2015USD ($)	May. 31, 2015USD ($)segment	Aug. 31, 2014USD ($)
Segment Reporting Information
Number of operating segments | segment			3
Revenue		$ 1,198,890		$ 1,102,077
Income before income taxes		169,214		168,697
Total assets		4,122,949	$ 4,192,460	4,556,270
Operating Segments | Uniform Rental and Facility Services
Segment Reporting Information
Revenue		938,408		873,698
Income before income taxes		165,381		144,816
Total assets		2,870,622		2,861,790
Operating Segments | First Aid and Safety Services
Segment Reporting Information
Revenue		99,488		79,924
Income before income taxes		8,592		9,147
Total assets		398,237		260,580
Operating Segments | All Other
Segment Reporting Information
Revenue		160,994		148,455
Income before income taxes		11,534		9,525
Total assets		342,712		354,260
Corporate
Segment Reporting Information
Revenue	[1]	0		0
Income before income taxes	[1]	(16,293)		5,209
Total assets	[1]	$ 511,378		$ 1,079,640
[1]	Corporate assets as of August 31, 2015 include the investment in Shred-it, which is classified as held for sale. Corporate assets as of August 31, 2014 include the assets of Storage, which was classified as held for sale, and the investment in Shred-it.

Discontinued Operations - Narra

Discontinued Operations - Narrative (Details) $ in Thousands	3 Months Ended
	Aug. 31, 2015USD ($)transactionbuyer	Aug. 31, 2014USD ($)	May. 31, 2015USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Equity method investments	$ 14,600		$ 225,700
Gain on sale of stock of an equity method investment, net of tax		$ 13,600
Proceeds from sale of Storage Assets	$ 24,395	0
Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of transactions involved in sale of business | transaction	3
Number of buyers involved in sale of business | buyer	3
Proceeds from sale of Storage Assets	$ 24,400
Gain on sale of business, net of tax	3,100
Shred-it | Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Equity method investments	194,300		$ 210,100
Difference between carrying amount and underlying equity in net assets	$ 91,200
Amortization period of basis difference	9 years
Loss on investment in Shred-it, net of tax	$ 9,300
Amortization of basis difference	$ 2,800
Gain on sale of stock of an equity method investment, net of tax		$ 3,900

Discontinued Operations - Sched

Discontinued Operations - Schedule of Discontinued Operations (Details) - USD ($) $ in Thousands		3 Months Ended
		Aug. 31, 2015	Aug. 31, 2014
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income tax expense		$ 3,419	$ (2,991)
Gain on sale of Storage Assets		4,843	0
Loss on investment in Shred-it Partnership		(14,516)	0
Gain on the deconsolidation of Shredding		0	6,619
Net (loss) income from discontinued operations		(6,017)	4,203
Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenue		0	20,785
Income before income taxes		237	575
Income tax expense		(85)	(240)
Gain on sale of Storage Assets		4,843	0
Loss on investment in Shred-it Partnership		(14,516)	0
Gain on the deconsolidation of Shredding	[1]	0	6,619
Income tax benefit (expense) on (loss) gain		3,504	(2,751)
Net (loss) income from discontinued operations		$ (6,017)	$ 4,203
[1]	Results for the three months ended August 31, 2014 related to the gain on the deconsolidation of Shredding were previously presented in continuing operations and were reclassified to discontinued operations as previously discussed.

Supplemental Guarantor Inform53

Supplemental Guarantor Information - Narrative (Details) $ in Millions	Aug. 31, 2015USD ($)
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Senior notes	$ 1,300

Supplemental Guarantor Inform54

Supplemental Guarantor Information - Condensed Consolidating Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended
	Aug. 31, 2015	Aug. 31, 2014
Revenue:
Uniform rental and facility services	$ 938,408	$ 873,698
Other	260,482	228,379
Equity in net income of affiliates	0	0
Total revenue	1,198,890	1,102,077
Costs and expenses (income):
Cost of uniform rental and facility services	518,503	490,675
Cost of other	156,243	133,456
Selling and administrative expenses	338,637	314,458
Operating income	185,507	163,488
Gain on sale of stock of an equity method investment	0	21,739
Interest income	(119)	(53)
Interest expense (income)	16,412	16,583
Income before income taxes	169,214	168,697
Income taxes	63,016	62,792
Income from continuing operations	106,198	105,905
Loss from discontinued operations, net of tax	(6,017)	4,203
Net income	100,181	110,108
Cintas Corporation
Revenue:
Uniform rental and facility services	0	0
Other	0	0
Equity in net income of affiliates	106,198	105,905
Total revenue	106,198	105,905
Costs and expenses (income):
Cost of uniform rental and facility services	0	0
Cost of other	0	0
Selling and administrative expenses	0	0
Operating income	106,198	105,905
Gain on sale of stock of an equity method investment		0
Interest income	0	0
Interest expense (income)	0	0
Income before income taxes	106,198	105,905
Income taxes	0	0
Income from continuing operations	106,198	105,905
Loss from discontinued operations, net of tax	(6,017)	4,203
Net income	100,181	110,108
Corp. 2
Revenue:
Uniform rental and facility services	721,329	665,874
Other	372,611	336,480
Equity in net income of affiliates	0	0
Total revenue	1,093,940	1,002,354
Costs and expenses (income):
Cost of uniform rental and facility services	440,580	408,371
Cost of other	237,369	217,942
Selling and administrative expenses	347,076	314,002
Operating income	68,915	62,039
Gain on sale of stock of an equity method investment		0
Interest income	0	(5)
Interest expense (income)	16,375	16,409
Income before income taxes	52,540	45,635
Income taxes	19,589	16,748
Income from continuing operations	32,951	28,887
Loss from discontinued operations, net of tax	(5,323)	4,263
Net income	27,628	33,150
Subsidiary Guarantors
Revenue:
Uniform rental and facility services	202,265	183,181
Other	1,293	481
Equity in net income of affiliates	0	0
Total revenue	203,558	183,662
Costs and expenses (income):
Cost of uniform rental and facility services	116,832	110,922
Cost of other	(8,643)	(10,657)
Selling and administrative expenses	(18,855)	(14,006)
Operating income	114,224	97,403
Gain on sale of stock of an equity method investment		21,739
Interest income	(48)	(48)
Interest expense (income)	38	170
Income before income taxes	114,234	119,020
Income taxes	42,591	44,004
Income from continuing operations	71,643	75,016
Loss from discontinued operations, net of tax	0	0
Net income	71,643	75,016
Non- Guarantors
Revenue:
Uniform rental and facility services	54,012	59,861
Other	14,811	13,744
Equity in net income of affiliates	0	0
Total revenue	68,823	73,605
Costs and expenses (income):
Cost of uniform rental and facility services	37,357	40,282
Cost of other	9,570	8,957
Selling and administrative expenses	17,880	19,074
Operating income	4,016	5,292
Gain on sale of stock of an equity method investment		0
Interest income	(71)	0
Interest expense (income)	(1)	4
Income before income taxes	4,088	5,288
Income taxes	861	2,051
Income from continuing operations	3,227	3,237
Loss from discontinued operations, net of tax	(694)	(60)
Net income	2,533	3,177
Eliminations
Revenue:
Uniform rental and facility services	(39,198)	(35,218)
Other	(128,233)	(122,326)
Equity in net income of affiliates	(106,198)	(105,905)
Total revenue	(273,629)	(263,449)
Costs and expenses (income):
Cost of uniform rental and facility services	(76,266)	(68,900)
Cost of other	(82,053)	(82,786)
Selling and administrative expenses	(7,464)	(4,612)
Operating income	(107,846)	(107,151)
Gain on sale of stock of an equity method investment		0
Interest income	0	0
Interest expense (income)	0	0
Income before income taxes	(107,846)	(107,151)
Income taxes	(25)	(11)
Income from continuing operations	(107,821)	(107,140)
Loss from discontinued operations, net of tax	6,017	(4,203)
Net income	$ (101,804)	$ (111,343)

Supplemental Guarantor Inform55

Supplemental Guarantor Information - Condensed Consolidating Statements of Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Aug. 31, 2015	Aug. 31, 2014
Condensed Consolidating Financial Statements
Net income	$ 100,181	$ 110,108
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	(12,013)	(2,115)
Change in fair value of derivatives	0	17
Amortization of interest rate lock agreements	488	488
Change in fair value of available-for-sale securities	(8)	0
Other comprehensive loss	(11,533)	(1,610)
Comprehensive income	88,648	108,498
Cintas Corporation
Condensed Consolidating Financial Statements
Net income	100,181	110,108
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	0	0
Change in fair value of derivatives		0
Amortization of interest rate lock agreements	0	0
Change in fair value of available-for-sale securities	0
Other comprehensive loss	0	0
Comprehensive income	100,181	110,108
Corp. 2
Condensed Consolidating Financial Statements
Net income	27,628	33,150
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	0	0
Change in fair value of derivatives		0
Amortization of interest rate lock agreements	488	488
Change in fair value of available-for-sale securities	0
Other comprehensive loss	488	488
Comprehensive income	28,116	33,638
Subsidiary Guarantors
Condensed Consolidating Financial Statements
Net income	71,643	75,016
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	0	0
Change in fair value of derivatives		0
Amortization of interest rate lock agreements	0	0
Change in fair value of available-for-sale securities	0
Other comprehensive loss	0	0
Comprehensive income	71,643	75,016
Non- Guarantors
Condensed Consolidating Financial Statements
Net income	2,533	3,177
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	(12,013)	(2,115)
Change in fair value of derivatives		17
Amortization of interest rate lock agreements	0	0
Change in fair value of available-for-sale securities	(8)
Other comprehensive loss	(12,021)	(2,098)
Comprehensive income	(9,488)	1,079
Eliminations
Condensed Consolidating Financial Statements
Net income	(101,804)	(111,343)
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	0	0
Change in fair value of derivatives		0
Amortization of interest rate lock agreements	0	0
Change in fair value of available-for-sale securities	0
Other comprehensive loss	0	0
Comprehensive income	$ (101,804)	$ (111,343)

Supplemental Guarantor Inform56

Supplemental Guarantor Information - Condensed Consolidating Balance Sheet (Details) - USD ($) $ in Thousands	Aug. 31, 2015	May. 31, 2015	Aug. 31, 2014	May. 31, 2014
Current assets:
Cash and cash equivalents	$ 146,860	$ 417,073	$ 581,453	$ 513,288
Marketable securities	53,354	16,081
Accounts receivable, net	531,127	496,130
Inventories, net	240,046	226,211
Uniforms and other rental items in service	537,120	534,005
Income taxes, current	0	936
Assets held for sale	194,275	21,341
Prepaid expenses and other current assets	31,170	24,030
Total current assets	1,733,952	1,735,807
Property and equipment, at cost, net	896,786	871,421
Investments	123,494	329,692
Goodwill	1,272,503	1,195,612
Service contracts, net	75,306	42,434
Other assets, net	20,908	17,494
Total assets	4,122,949	4,192,460	4,556,270
Current liabilities:
Accounts payable	131,956	109,607
Accrued compensation and related liabilities	53,018	88,423
Accrued liabilities	294,845	309,935
Income taxes, current	47,640	0
Deferred tax (asset) liability	103,410	112,389
Deferred tax liability associated with the investment in Shred-it	78,457	704
Long-term debt due within one year	250,000	0
Total current liabilities	959,326	621,058
Long-term liabilities:
Long-term debt due after one year	1,050,000	1,300,000
Deferred income taxes	148,793	226,938
Accrued liabilities	116,161	112,009
Total long-term liabilities	1,314,954	1,638,947
Total shareholders’ equity	1,848,669	1,932,455
Total liabilities and shareholders' equity	4,122,949	4,192,460
Cintas Corporation
Current assets:
Cash and cash equivalents	0	0	0	0
Marketable securities	0	0
Accounts receivable, net	0	0
Inventories, net	0	0
Uniforms and other rental items in service	0	0
Income taxes, current		0
Assets held for sale	0	0
Prepaid expenses and other current assets	0	0
Total current assets	0	0
Property and equipment, at cost, net	0	0
Investments	321,083	321,083
Goodwill	0	0
Service contracts, net	0	0
Other assets, net	1,082,343	1,154,596
Total assets	1,403,426	1,475,679
Current liabilities:
Accounts payable	(465,247)	(465,247)
Accrued compensation and related liabilities	0	0
Accrued liabilities	0	0
Income taxes, current	0
Deferred tax (asset) liability	0	0
Deferred tax liability associated with the investment in Shred-it	0	0
Long-term debt due within one year	0	0
Total current liabilities	(465,247)	(465,247)
Long-term liabilities:
Long-term debt due after one year	0	0
Deferred income taxes	0	0
Accrued liabilities	0	0
Total long-term liabilities	0	0
Total shareholders’ equity	1,868,673	1,940,926
Total liabilities and shareholders' equity	1,403,426	1,475,679
Corp. 2
Current assets:
Cash and cash equivalents	74,082	74,145	75,744	73,540
Marketable securities	0	0
Accounts receivable, net	392,911	358,560
Inventories, net	207,755	193,594
Uniforms and other rental items in service	402,093	399,017
Income taxes, current		1,191
Assets held for sale	171,106	21,341
Prepaid expenses and other current assets	6,626	5,514
Total current assets	1,254,573	1,053,362
Property and equipment, at cost, net	533,178	523,690
Investments	1,769,572	1,956,320
Goodwill	0	0
Service contracts, net	73,308	42,400
Other assets, net	17,145	12,373
Total assets	3,647,776	3,588,145
Current liabilities:
Accounts payable	(900,579)	(877,042)
Accrued compensation and related liabilities	34,861	59,752
Accrued liabilities	78,561	65,022
Income taxes, current	7,042
Deferred tax (asset) liability	(421)	(299)
Deferred tax liability associated with the investment in Shred-it	69,100	704
Long-term debt due within one year	250,317	293
Total current liabilities	(461,119)	(751,570)
Long-term liabilities:
Long-term debt due after one year	1,058,135	1,308,452
Deferred income taxes	(69,104)	(5)
Accrued liabilities	0	0
Total long-term liabilities	989,031	1,308,447
Total shareholders’ equity	3,119,864	3,031,268
Total liabilities and shareholders' equity	3,647,776	3,588,145
Subsidiary Guarantors
Current assets:
Cash and cash equivalents	45,339	249,203	466,645	399,525
Marketable securities	0	0
Accounts receivable, net	106,001	104,964
Inventories, net	22,280	21,149
Uniforms and other rental items in service	118,059	117,473
Income taxes, current		(339)
Assets held for sale	0	0
Prepaid expenses and other current assets	23,490	17,492
Total current assets	315,169	509,942
Property and equipment, at cost, net	292,341	275,072
Investments	900,288	895,393
Goodwill	1,239,155	1,180,527
Service contracts, net	26	34
Other assets, net	2,961,709	2,741,950
Total assets	5,708,688	5,602,918
Current liabilities:
Accounts payable	1,435,850	1,391,999
Accrued compensation and related liabilities	14,730	23,989
Accrued liabilities	205,269	232,500
Income taxes, current	40,759
Deferred tax (asset) liability	96,143	104,663
Deferred tax liability associated with the investment in Shred-it	0	0
Long-term debt due within one year	(317)	(293)
Total current liabilities	1,792,434	1,752,858
Long-term liabilities:
Long-term debt due after one year	(8,725)	(9,766)
Deferred income taxes	229,712	229,266
Accrued liabilities	115,362	111,105
Total long-term liabilities	336,349	330,605
Total shareholders’ equity	3,579,905	3,519,455
Total liabilities and shareholders' equity	5,708,688	5,602,918
Non- Guarantors
Current assets:
Cash and cash equivalents	27,439	93,725	39,064	40,223
Marketable securities	53,354	16,081
Accounts receivable, net	32,215	32,606
Inventories, net	9,624	8,870
Uniforms and other rental items in service	35,354	36,478
Income taxes, current		84
Assets held for sale	23,169	0
Prepaid expenses and other current assets	1,054	1,024
Total current assets	182,209	188,868
Property and equipment, at cost, net	71,267	72,659
Investments	936,126	956,461
Goodwill	33,460	15,197
Service contracts, net	1,972	0
Other assets, net	3,467	3,572
Total assets	1,228,501	1,236,757
Current liabilities:
Accounts payable	23,927	21,876
Accrued compensation and related liabilities	3,427	4,682
Accrued liabilities	11,015	13,137
Income taxes, current	(161)
Deferred tax (asset) liability	7,688	8,025
Deferred tax liability associated with the investment in Shred-it	9,357	0
Long-term debt due within one year	0	0
Total current liabilities	55,253	47,720
Long-term liabilities:
Long-term debt due after one year	590	590
Deferred income taxes	(11,815)	(2,323)
Accrued liabilities	799	904
Total long-term liabilities	(10,426)	(829)
Total shareholders’ equity	1,183,674	1,189,866
Total liabilities and shareholders' equity	1,228,501	1,236,757
Eliminations
Current assets:
Cash and cash equivalents	0	0	$ 0	$ 0
Marketable securities	0	0
Accounts receivable, net	0	0
Inventories, net	387	2,598
Uniforms and other rental items in service	(18,386)	(18,963)
Income taxes, current		0
Assets held for sale	0	0
Prepaid expenses and other current assets	0	0
Total current assets	(17,999)	(16,365)
Property and equipment, at cost, net	0	0
Investments	(3,803,575)	(3,799,565)
Goodwill	(112)	(112)
Service contracts, net	0	0
Other assets, net	(4,043,756)	(3,894,997)
Total assets	(7,865,442)	(7,711,039)
Current liabilities:
Accounts payable	38,005	38,021
Accrued compensation and related liabilities	0	0
Accrued liabilities	0	(724)
Income taxes, current	0
Deferred tax (asset) liability	0	0
Deferred tax liability associated with the investment in Shred-it	0	0
Long-term debt due within one year	0	0
Total current liabilities	38,005	37,297
Long-term liabilities:
Long-term debt due after one year	0	724
Deferred income taxes	0	0
Accrued liabilities	0	0
Total long-term liabilities	0	724
Total shareholders’ equity	(7,903,447)	(7,749,060)
Total liabilities and shareholders' equity	$ (7,865,442)	$ (7,711,039)

Supplemental Guarantor Inform57

Supplemental Guarantor Information - Condensed Consolidating Statement of Cash Flows (Details) - USD ($) $ in Thousands	Jun. 30, 2014	Aug. 31, 2015	Aug. 31, 2014
Cash flows from operating activities:
Net income		$ 100,181	$ 110,108
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Depreciation		36,165	35,448
Amortization of intangible assets		3,603	4,206
Stock-based compensation		23,917	12,280
Gain on sale of Storage Assets		(4,843)	0
Loss on investment in Shred-it Partnership		14,516	0
Gain on deconsolidation of Shredding		0	(6,619)
Gain on sale of stock of an equity method investment		0	(21,739)
Deferred income taxes		5,632	2,108
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net		(19,255)	8,222
Inventories, net		(8,109)	1,377
Uniforms and other rental items in service		(4,939)	(7,112)
Prepaid expenses and other current assets		(6,024)	(5,884)
Accounts payable		15,531	(1,325)
Accrued compensation and related liabilities		(35,579)	(41,262)
Accrued liabilities and other		(26,253)	10,384
Income taxes, current		48,540	48,009
Net cash provided by operating activities		143,083	148,201
Cash flows from investing activities:
Capital expenditures		(62,631)	(68,050)
Proceeds from redemption of marketable securities		152,907	0
Purchase of marketable securities and investments		(196,020)	(6,981)
Proceeds from sale of Storage Assets		24,395	0
Proceeds from Shredding Transaction, net of cash contributed		0	3,344
Proceeds from sale of stock of an equity method investment		0	29,933
Dividends received on equity method investment	$ 5,200	0	5,247
Acquisitions of businesses, net of cash acquired		(121,434)	(2,328)
Other, net		921	16
Net cash used in investing activities		(201,862)	(38,819)
Cash flows from financing activities:
Proceeds from issuance of debt		0
Repayment of debt		(16)	(180)
Exercise of stock-based compensation awards		11,844	13,623
Repurchase of common stock		(221,598)	(61,439)
Other, net		51	6,798
Net cash used in financing activities		(209,719)	(41,198)
Effect of exchange rate changes on cash and cash equivalents		(1,715)	(19)
Net (decrease) increase in cash and cash equivalents		(270,213)	68,165
Cash and cash equivalents at beginning of period		417,073	513,288
Cash and cash equivalents at end of period		146,860	581,453
Cintas Corporation
Cash flows from operating activities:
Net income		100,181	110,108
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Depreciation		0	0
Amortization of intangible assets		0	0
Stock-based compensation		23,917	12,280
Gain on sale of Storage Assets		0
Loss on investment in Shred-it Partnership		0
Gain on deconsolidation of Shredding			0
Gain on sale of stock of an equity method investment			0
Deferred income taxes		0	0
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net		0	0
Inventories, net		0	0
Uniforms and other rental items in service		0	0
Prepaid expenses and other current assets		0	0
Accounts payable		0	0
Accrued compensation and related liabilities		0	0
Accrued liabilities and other		0	0
Income taxes, current		0	0
Net cash provided by operating activities		124,098	122,388
Cash flows from investing activities:
Capital expenditures		0	0
Proceeds from redemption of marketable securities		0
Purchase of marketable securities and investments		0	0
Proceeds from sale of Storage Assets		0
Proceeds from Shredding Transaction, net of cash contributed			0
Proceeds from sale of stock of an equity method investment			0
Dividends received on equity method investment			0
Acquisitions of businesses, net of cash acquired		0	0
Other, net		85,656	(80,725)
Net cash used in investing activities		85,656	(80,725)
Cash flows from financing activities:
Proceeds from issuance of debt		0
Repayment of debt		0	0
Exercise of stock-based compensation awards		11,844	13,623
Repurchase of common stock		(221,598)	(61,439)
Other, net		0	6,153
Net cash used in financing activities		(209,754)	(41,663)
Effect of exchange rate changes on cash and cash equivalents		0	0
Net (decrease) increase in cash and cash equivalents		0	0
Cash and cash equivalents at beginning of period		0	0
Cash and cash equivalents at end of period		0	0
Corp. 2
Cash flows from operating activities:
Net income		27,628	33,150
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Depreciation		21,427	19,547
Amortization of intangible assets		3,513	3,773
Stock-based compensation		0	0
Gain on sale of Storage Assets		(4,843)
Loss on investment in Shred-it Partnership		13,427
Gain on deconsolidation of Shredding			(6,619)
Gain on sale of stock of an equity method investment			0
Deferred income taxes		21	0
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net		(19,744)	10,014
Inventories, net		(8,856)	(1,045)
Uniforms and other rental items in service		(3,076)	(4,450)
Prepaid expenses and other current assets		(100)	200
Accounts payable		28,715	(70,520)
Accrued compensation and related liabilities		(24,891)	(28,267)
Accrued liabilities and other		(1,775)	(31,741)
Income taxes, current		8,231	6,913
Net cash provided by operating activities		39,677	(69,045)
Cash flows from investing activities:
Capital expenditures		(29,695)	(22,686)
Proceeds from redemption of marketable securities		0
Purchase of marketable securities and investments		2,215	(1,721)
Proceeds from sale of Storage Assets		24,395
Proceeds from Shredding Transaction, net of cash contributed			3,344
Proceeds from sale of stock of an equity method investment			0
Dividends received on equity method investment			0
Acquisitions of businesses, net of cash acquired		(96,353)	(2,328)
Other, net		59,519	94,602
Net cash used in investing activities		(39,919)	71,211
Cash flows from financing activities:
Proceeds from issuance of debt		0
Repayment of debt		(309)	(450)
Exercise of stock-based compensation awards		0	0
Repurchase of common stock		0	0
Other, net		488	488
Net cash used in financing activities		179	38
Effect of exchange rate changes on cash and cash equivalents		0	0
Net (decrease) increase in cash and cash equivalents		(63)	2,204
Cash and cash equivalents at beginning of period		74,145	73,540
Cash and cash equivalents at end of period		74,082	75,744
Subsidiary Guarantors
Cash flows from operating activities:
Net income		71,643	75,016
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Depreciation		12,340	13,037
Amortization of intangible assets		40	15
Stock-based compensation		0	0
Gain on sale of Storage Assets		0
Loss on investment in Shred-it Partnership		0
Gain on deconsolidation of Shredding			0
Gain on sale of stock of an equity method investment			(21,739)
Deferred income taxes		5,784	2,083
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net		(1,038)	(3,852)
Inventories, net		(1,130)	2,430
Uniforms and other rental items in service		(586)	(1,673)
Prepaid expenses and other current assets		(5,998)	(6,288)
Accounts payable		(14,970)	71,606
Accrued compensation and related liabilities		(9,258)	(10,204)
Accrued liabilities and other		(22,975)	42,084
Income taxes, current		40,411	40,601
Net cash provided by operating activities		74,263	203,116
Cash flows from investing activities:
Capital expenditures		(29,617)	(42,239)
Proceeds from redemption of marketable securities		0
Purchase of marketable securities and investments		(10,148)	(15,260)
Proceeds from sale of Storage Assets		0
Proceeds from Shredding Transaction, net of cash contributed			0
Proceeds from sale of stock of an equity method investment			29,933
Dividends received on equity method investment			5,247
Acquisitions of businesses, net of cash acquired		0	0
Other, net		(239,160)	(114,793)
Net cash used in investing activities		(278,925)	(137,112)
Cash flows from financing activities:
Proceeds from issuance of debt		(55)
Repayment of debt		853	1,116
Exercise of stock-based compensation awards		0	0
Repurchase of common stock		0	0
Other, net		0	0
Net cash used in financing activities		798	1,116
Effect of exchange rate changes on cash and cash equivalents		0	0
Net (decrease) increase in cash and cash equivalents		(203,864)	67,120
Cash and cash equivalents at beginning of period		249,203	399,525
Cash and cash equivalents at end of period		45,339	466,645
Non- Guarantors
Cash flows from operating activities:
Net income		2,533	3,177
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Depreciation		2,398	2,864
Amortization of intangible assets		50	418
Stock-based compensation		0	0
Gain on sale of Storage Assets		0
Loss on investment in Shred-it Partnership		1,089
Gain on deconsolidation of Shredding			0
Gain on sale of stock of an equity method investment			0
Deferred income taxes		(173)	25
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net		1,527	2,060
Inventories, net		(334)	(1,174)
Uniforms and other rental items in service		(700)	(1,053)
Prepaid expenses and other current assets		74	204
Accounts payable		1,802	(2,415)
Accrued compensation and related liabilities		(1,430)	(2,791)
Accrued liabilities and other		(2,227)	(705)
Income taxes, current		(102)	495
Net cash provided by operating activities		4,507	1,105
Cash flows from investing activities:
Capital expenditures		(3,319)	(3,125)
Proceeds from redemption of marketable securities		152,907
Purchase of marketable securities and investments		(192,097)	0
Proceeds from sale of Storage Assets		0
Proceeds from Shredding Transaction, net of cash contributed			0
Proceeds from sale of stock of an equity method investment			0
Dividends received on equity method investment			0
Acquisitions of businesses, net of cash acquired		(25,081)	0
Other, net		(1,270)	823
Net cash used in investing activities		(68,860)	(2,302)
Cash flows from financing activities:
Proceeds from issuance of debt		55
Repayment of debt		164	(100)
Exercise of stock-based compensation awards		0	0
Repurchase of common stock		0	0
Other, net		(437)	157
Net cash used in financing activities		(218)	57
Effect of exchange rate changes on cash and cash equivalents		(1,715)	(19)
Net (decrease) increase in cash and cash equivalents		(66,286)	(1,159)
Cash and cash equivalents at beginning of period		93,725	40,223
Cash and cash equivalents at end of period		27,439	39,064
Eliminations
Cash flows from operating activities:
Net income		(101,804)	(111,343)
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Depreciation		0	0
Amortization of intangible assets		0	0
Stock-based compensation		0	0
Gain on sale of Storage Assets		0
Loss on investment in Shred-it Partnership		0
Gain on deconsolidation of Shredding			0
Gain on sale of stock of an equity method investment			0
Deferred income taxes		0	0
Change in current assets and liabilities, net of acquisitions of businesses:
Accounts receivable, net		0	0
Inventories, net		2,211	1,166
Uniforms and other rental items in service		(577)	64
Prepaid expenses and other current assets		0	0
Accounts payable		(16)	4
Accrued compensation and related liabilities		0	0
Accrued liabilities and other		724	746
Income taxes, current		0	0
Net cash provided by operating activities		(99,462)	(109,363)
Cash flows from investing activities:
Capital expenditures		0	0
Proceeds from redemption of marketable securities		0
Purchase of marketable securities and investments		4,010	10,000
Proceeds from sale of Storage Assets		0
Proceeds from Shredding Transaction, net of cash contributed			0
Proceeds from sale of stock of an equity method investment			0
Dividends received on equity method investment			0
Acquisitions of businesses, net of cash acquired		0	0
Other, net		96,176	100,109
Net cash used in investing activities		100,186	110,109
Cash flows from financing activities:
Proceeds from issuance of debt		0
Repayment of debt		(724)	(746)
Exercise of stock-based compensation awards		0	0
Repurchase of common stock		0	0
Other, net		0	0
Net cash used in financing activities		(724)	(746)
Effect of exchange rate changes on cash and cash equivalents		0	0
Net (decrease) increase in cash and cash equivalents		0	0
Cash and cash equivalents at beginning of period		0	0
Cash and cash equivalents at end of period		$ 0	$ 0

Subsequent Event (Details)

Subsequent Event (Details) - USD ($)	Oct. 01, 2015	Aug. 31, 2015	Aug. 31, 2014
Subsequent Event [Line Items]
Proceeds from sale of equity method investment		$ 0	$ 29,933,000
Shred-it | Discontinued Operations | Subsequent Event
Subsequent Event [Line Items]
Proceeds from sale of equity method investment	$ 578,000,000
Estimated additional consideration subject to holdback provisions (up to)	$ 34,000,000