August 31, 2026 | May 31, 2026 | |
(Unaudited) | ||
ASSETS | ||
Current assets: | ||
Cash and cash equivalents | $ 243,599 | $ 289,018 |
Accounts receivable, net | 1,587,573 | 1,555,190 |
Inventories, net | 433,286 | 446,435 |
Uniforms and other rental items in service | 1,309,995 | 1,276,174 |
Prepaid expenses and other current assets | 357,292 | 286,225 |
Total current assets | 3,931,745 | 3,853,042 |
Property and equipment, net | 1,768,378 | 1,740,501 |
Investments | 448,875 | 438,662 |
Goodwill | 3,548,696 | 3,544,212 |
Service contracts, net | 272,972 | 287,869 |
Operating lease right-of-use assets, net | 274,590 | 271,088 |
Other assets, net | 407,479 | 393,766 |
$ 10,652,735 $ 10,529,140
LIABILITIES AND SHAREHOLDERS' EQUITYCurrent liabilities: | ||
Accounts payable | $ 506,502 | $ 461,157 |
Accrued compensation and related liabilities | 159,159 | 237,042 |
Accrued liabilities | 841,215 | 889,198 |
Income taxes, current | 140,129 | 44,070 |
Operating lease liabilities, current | 58,370 | 56,505 |
Debt due within one year | 999,291 | 998,987 |
Total current liabilities | 2,704,666 | 2,686,959 |
Long-term liabilities: | ||
Debt due after one year | 1,429,554 | 1,429,086 |
Deferred income taxes | 548,906 | 537,919 |
Operating lease liabilities | 224,159 | 221,379 |
Accrued liabilities | 540,918 | 513,910 |
Total long-term liabilities | 2,743,537 | 2,702,294 |
Shareholders' equity:
Preferred stock, no par value: - -
100 shares authorized, none outstanding
Common stock, no par value, and paid-in capital: 2,931,963 2,851,129 1,700,000 shares authorized FY 2027: 780,726 issued and 399,517 outstanding FY 2026: 779,537 issued and 400,147 outstanding | ||
Retained earnings | 13,416,890 | 13,073,999 |
Treasury stock: | (11,235,046) | (10,869,708) |
FY 2027: 381,209 shares FY 2026: 379,390 shares | ||
Accumulated other comprehensive income 90,725 84,467
Total shareholders' equity 5,204,532 5,139,887
$ 10,652,735 $ 10,529,140