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Earnings Per Share (Tables) | 9 Months Ended
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Feb. 28, 2019
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 |  | Nine Months Ended
Basic Earnings per Share from Continuing Operations (in thousands except per share data) | February 28, 2019 |  | February 28, 2018 |  | February 28, 2019 |  | February 28, 2018
Income from continuing operations | $ | 200,923 |  |  | $ | 295,789 |  |  | $ | 656,464 |  |  | $ | 594,634 |
Less: income from continuing operations allocated to participating securities | 2,783 |  |  | 5,248 |  |  | 8,977 |  |  | 10,546 |
Income from continuing operations available to common shareholders | $ | 198,140 |  |  | $ | 290,541 |  |  | $ | 647,487 |  |  | $ | 584,088 |
Basic weighted average common shares outstanding | 105,080 |  |  | 106,558 |  |  | 106,147 |  |  | 106,210 |
Basic earnings per share from continuing operations | $ | 1.89 |  |  | $ | 2.73 |  |  | $ | 6.10 |  |  | $ | 5.50 |
| Three Months Ended |  | Nine Months Ended
Diluted Earnings per Share from Continuing Operations (in thousands except per share data) | February 28, 2019 |  | February 28, 2018 |  | February 28, 2019 |  | February 28, 2018
Income from continuing operations | $ | 200,923 |  |  | $ | 295,789 |  |  | $ | 656,464 |  |  | $ | 594,634 |
Less: income from continuing operations allocated to participating securities | 2,783 |  |  | 5,248 |  |  | 8,977 |  |  | 10,546 |
Income from continuing operations available to common shareholders | $ | 198,140 |  |  | $ | 290,541 |  |  | $ | 647,487 |  |  | $ | 584,088 |
Basic weighted average common shares outstanding | 105,080 |  |  | 106,558 |  |  | 106,147 |  |  | 106,210 |
Effect of dilutive securities – employee stock options | 3,082 |  |  | 3,617 |  |  | 3,436 |  |  | 3,044 |
Diluted weighted average common shares outstanding | 108,162 |  |  | 110,175 |  |  | 109,583 |  |  | 109,254 |
Diluted earnings per share from continuing operations | $ | 1.83 |  |  | $ | 2.66 |  |  | $ | 5.91 |  |  | $ | 5.35 |
Summary of Buyback Activity by Program | The following table summarizes the buyback activity by program and fiscal period.
(In thousands except per share data) | Three Months Ended February 28, 2019 |  | Nine Months Ended February 28, 2019
Buyback Program | Shares |  | Avg. Price per Share |  | Purchase Price |  | Shares |  | Avg. Price per Share |  | Purchase Price
August 2, 2016 | — |  |  | $ | — |  |  | $ | — |  |  | 2,130 |  |  | $ | 192.55 |  |  | $ | 410,003 |
October 30, 2018 | 598 |  |  | $ | 167.32 |  |  | $ | 100,000 |  |  | 799 |  |  | $ | 170.87 |  |  | $ | 136,579 |
| 598 |  |  | $ | 167.32 |  |  | $ | 100,000 |  |  | 2,929 |  |  | $ | 186.63 |  |  | $ | 546,582 |

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- 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://fasb.org/us-gaap/role/ref/legacyRef -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
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- 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://fasb.org/us-gaap/role/ref/legacyRef -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 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -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 3: http://fasb.org/us-gaap/role/ref/legacyRef -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 4: http://fasb.org/us-gaap/role/ref/legacyRef -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 + Details
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