XML 43 R31.htm IDEA: XBRL DOCUMENT
v3.24.1

Acquisitions (Tables) | 9 Months Ended
--- | ---
Feb. 29, 2024
Business Combination and Asset Acquisition [Abstract] |
Aggregate Purchase Price and Fair Value Allocations | Cintas acquired the following number of individually immaterial businesses by reportable operating segment and All Other during the nine months ended:
|  | February 29, 2024 |  | February 28, 2023
Uniform Rental and Facility Services |  | 7 |  | 3
First Aid and Safety Services |  | 1 |  | 4
All Other |  | 8 |  | 8
Schedule of Purchase Price Allocation | The following summarizes the aggregate purchase price and fair value allocations for all businesses acquired during the nine months ended:
(In thousands) |  | February 29, 2024 |  | February 28, 2023
Fair value of tangible assets acquired |  | $ | 14,350 |  |  | $ | 5,506 |
Fair value of service contracts acquired |  | 28,860 |  |  | 8,448 |
Fair value of other intangibles acquired |  | 5,278 |  |  | 1,062 |
Net goodwill recognized |  | 155,653 |  |  | 20,793 |
Total fair value of assets acquired |  | 204,141 |  |  | 35,809 |
Total fair value of liabilities assumed |  | (19,113) |  |  | (2,826) |
Total consideration for acquisitions, net of cash acquired |  | $ | 185,028 |  |  | $ | 32,983 |

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationAndAssetAcquisitionAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 + Details
Name: | us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-1 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration