XML 37 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Nov. 30, 2011
Nov. 30, 2010
Cash flows from operating activities:    
Net income $ 142,988 $ 117,143
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 76,922 74,563
Amortization of deferred charges 20,104 21,182
Stock-based compensation 9,756 5,799
Deferred income taxes (11,767) (6,277)
Change in current assets and liabilities, net of acquisitions of businesses:    
Accounts receivable, net (20,850) (27,774)
Inventories, net (39,268) (38,838)
Uniforms and other rental items in service (29,630) (30,639)
Prepaid expenses and other (5,128) (4,526)
Accounts payable 1,843 19,765
Accrued compensation and related liabilities (15,314) (13,458)
Accrued liabilities 26,306 (10,066)
Income taxes payable 19,996 2,355
Net cash provided by operating activities 175,958 109,229
Cash flows from investing activities:    
Capital expenditures (79,832) (88,134)
Proceeds from redemption of marketable securities 140,162 135,283
Purchase of marketable securities and investments (193,527) (12,472)
Acquisitions of businesses, net of cash acquired (14,551) (88,799)
Other, net 5,772 (6,858)
Net cash used in investing activities (141,976) (60,980)
Cash flows from financing activities:    
Proceeds from issuance of debt   1,781
Repayment of debt (903) (794)
Exercise of stock-based compensation awards 78  
Repurchase of common stock (262,682) (203,207)
Other, net 1,454 1,699
Net cash used in financing activities (262,053) (200,521)
Effect of exchange rate changes on cash and cash equivalents (2,263) 1,944
Net decrease in cash and cash equivalents (230,334) (150,328)
Cash and cash equivalents at beginning of period 438,106 411,281
Cash and cash equivalents at end of period $ 207,772 $ 260,953