XML 36 R18.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Earnings per Share (Tables) | 6 Months Ended
--- | ---
Nov. 30, 2011
Earnings per Share |
Computation of basic and diluted earnings per share |
(In thousands except per share data) |  | Three Months Ended |  |  | Six Months Ended |
|  | November 30, |  |  | November 30, |
|  | 2011 |  |  | 2010 |  |  | 2011 |  |  | 2010 |
Basic Earnings per Share |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ 74,350 |  |  | $ 55,866 |  |  | $142,988 |  |  | $ 117,143 |
Less dividends to: |  |  |  |  |  |  |  |  |  |  |  |
Common shares |  | $ 70,055 |  |  | $ 71,197 |  |  | $ 70,055 |  |  | $ 71,197 |
Unvested shares |  | 765 |  |  | 683 |  |  | 765 |  |  | 683 |
Total dividends |  | $ 70,820 |  |  | $ 71,880 |  |  | $ 70,820 |  |  | $ 71,880 |
Undistributed net income (loss) |  | $ 3,530 |  |  | $ (16,014) |  |  | $ 72,168 |  |  | $ 45,263 |
Less: net income (loss) allocated to participating unvested securities |  | 21 |  |  | (74) |  |  | 448 |  |  | 204 |
Net income (loss) available to common shareholders |  | $ 3,509 |  |  | $ (15,940) |  |  | $ 71,720 |  |  | $ 45,059 |
Basic weighted average common shares outstanding |  | 129,727 |  |  | 145,511 |  |  | 130,522 |  |  | 148,856 |
Basic earnings per share: |  |  |  |  |  |  |  |  |  |  |  |
Common shares – distributed earnings |  | $ 0.54 |  |  | $ 0.49 |  |  | $ 0.54 |  |  | $ 0.49 |
Common shares – undistributed earnings |  | 0.03 |  |  | (0.11) |  |  | 0.55 |  |  | 0.29 |
Total common shares |  | $ 0.57 |  |  | $ 0.38 |  |  | $ 1.09 |  |  | $ 0.78 |
Unvested shares - distributed earnings |  | $ 0.54 |  |  | $ 0.49 |  |  | $ 0.54 |  |  | $ 0.49 |
Unvested shares - undistributed earnings |  | 0.03 |  |  | (0.11) |  |  | 0.55 |  |  | 0.29 |
Total unvested shares |  | $ 0.57 |  |  | $ 0.38 |  |  | $ 1.09 |  |  | $ 0.78 |
CINTAS CORPORATION NOTES TO CONSOLIDATED CONDENSED FINANCIAL STATEMENTS (Unaudited)
(In thousands except per share data) |  | Three Months Ended |  |  | Six Months Ended |
|  | November 30, |  |  | November 30, |
|  | 2011 |  |  | 2010 |  |  | 2011 |  |  | 2010 |
Diluted Earnings per Share |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ 74,350 |  |  | $ 55,866 |  |  | $142,988 |  |  | $ 117,143 |
Less dividends to: |  |  |  |  |  |  |  |  |  |  |  |
Common shares |  | $ 70,055 |  |  | $ 71,197 |  |  | $ 70,055 |  |  | $ 71,197 |
Unvested shares |  | 765 |  |  | 683 |  |  | 765 |  |  | 683 |
Total dividends |  | $ 70,820 |  |  | $ 71,880 |  |  | $ 70,820 |  |  | $ 71,880 |
Undistributed net income (loss) |  | $ 3,530 |  |  | $ (16,014) |  |  | $ 72,168 |  |  | $ 45,263 |
Less: net income (loss) allocated to participating unvested securities |  | 21 |  |  | (74) |  |  | 448 |  |  | 204 |
Net income (loss) available to common shareholders |  | $ 3,509 |  |  | $ (15,940) |  |  | $ 71,720 |  |  | $ 45,059 |
Basic weighted average common shares outstanding |  | 129,727 |  |  | 145,511 |  |  | 130,522 |  |  | 148,856 |
Effect of dilutive securities – employee stock options |  | 13 |  |  | ---- |  |  | 21 |  |  | ---- |
Diluted weighted average common shares outstanding |  | 129,740 |  |  | 145,511 |  |  | 130,543 |  |  | 148,856 |
Diluted earnings per share: |  |  |  |  |  |  |  |  |  |  |  |
Common shares – distributed earnings |  | $ 0.54 |  |  | $ 0.49 |  |  | $ 0.54 |  |  | $ 0.49 |
Common shares – undistributed earnings |  | 0.03 |  |  | (0.11) |  |  | 0.55 |  |  | 0.29 |
Total common shares |  | $ 0.57 |  |  | $ 0.38 |  |  | $ 1.09 |  |  | $ 0.78 |
Unvested shares - distributed earnings |  | $ 0.54 |  |  | $ 0.49 |  |  | $ 0.54 |  |  | $ 0.49 |
Unvested shares - undistributed earnings |  | 0.03 |  |  | (0.11) |  |  | 0.55 |  |  | 0.29 |
Total unvested shares |  | $ 0.57 |  |  | $ 0.38 |  |  | $ 1.09 |  |  | $ 0.78 |

X
- Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration