XML 66 R36.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Earnings per Share (Tables) | 12 Months Ended
--- | ---
May 31, 2014
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 using the two-class method for amounts attributable to Cintas' common shares:
(In thousands except per share data) | 2014 |  | 2013 |  | 2012
Basic Earnings per Share |  |  |  |  |
Net income | $ | 374,442 |  |  | $ | 315,442 |  |  | $ | 297,637 |
Less: net income allocated to participating securities | 3,452 |  |  | 1,896 |  |  | 1,880 |
Net income allocated to common shareholders | $ | 370,990 |  |  | $ | 313,546 |  |  | $ | 295,757 |
Basic weighted average common shares outstanding | 120,377 |  |  | 123,956 |  |  | 129,891 |
Basic earnings per share | $ | 3.08 |  |  | $ | 2.53 |  |  | $ | 2.27 |
(In thousands except per share data) | 2014 |  | 2013 |  | 2012
Diluted Earnings per Share |  |  |  |  |
Net income | $ | 374,442 |  |  | $ | 315,442 |  |  | $ | 297,637 |
Less: net income allocated to participating securities | 3,452 |  |  | 1,896 |  |  | 1,880 |
Net income allocated to common shareholders | $ | 370,990 |  |  | $ | 313,546 |  |  | $ | 295,757 |
Basic weighted average common shares outstanding | 120,377 |  |  | 123,956 |  |  | 129,891 |
Effect of dilutive securities — employee stock options | 1,263 |  |  | 575 |  |  | 142 |
Diluted weighted average common shares outstanding | 121,640 |  |  | 124,531 |  |  | 130,033 |
Diluted earnings per share | $ | 3.05 |  |  | $ | 2.52 |  |  | $ | 2.27 |
Summary of share buyback activity by program | The following table summarizes the buyback activity by program and fiscal year:
(In thousands except per share data) | 2014 |  | 2013
Buyback Program | Shares |  | Avg. Price per Share |  | Purchase Price |  | Shares |  | Avg. Price per Share |  | Purchase Price
October 18, 2011 | 3,324 |  |  | $ | 48.87 |  |  | $ | 162,460 |  |  | 5,075 |  |  | $ | 40.97 |  |  | $ | 207,932 |
July 30, 2013 | 3,341 |  |  | $ | 59.72 |  |  | $ | 199,500 |  |  | — |  |  | $ | — |  |  | $ | — |
| 6,665 |  |  | $ | 54.31 |  |  | $ | 361,960 |  |  | 5,075 |  |  | $ | 40.97 |  |  | $ | 207,932 |

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, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23315-112656 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6405813&loc=d3e23239-112655 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23309-112656 + Details
Name: | us-gaap_ScheduleOfTreasuryStockByClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration