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Acquisitions (Tables) | 6 Months Ended
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Nov. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [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 six months ended November 30:
|  | 2024 |  | 2023
Uniform Rental and Facility Services |  | 5 |  | 5
First Aid and Safety Services |  | 2 |  | 1
All Other |  | 8 |  | 5
Schedule of Purchase Price Allocation | The following summarizes the aggregate purchase price and fair value allocations for all businesses acquired during the six months ended November 30:
(In thousands) |  | 2024 |  | 2023
Fair value of tangible assets acquired |  | $ | 21,987 |  |  | $ | 5,880 |
Fair value of service contracts acquired |  | 30,702 |  |  | 9,480 |
Fair value of other intangibles acquired |  | 5,247 |  |  | 2,762 |
Net goodwill recognized |  | 117,124 |  |  | 64,060 |
Total fair value of assets acquired |  | 175,060 |  |  | 82,182 |
Total fair value of liabilities assumed |  | (2,417) |  |  | — |
Total fair value of net assets acquired, net of cash acquired |  | 172,643 |  |  | 82,182 |
Deferred purchase price consideration |  | (17,759) |  |  | (8,185) |
Total cash consideration for acquisitions, net of cash acquired |  | $ | 154,884 |  |  | $ | 73,997 |

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- 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
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- 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
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