SEC Info - Cintas Corp. - ‘10-Q’ for 11/30/20

Quarterly Report — Form 10-Q
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    836K 
 7: EX-31.1     Certification -- §302 - SOA'02                      HTML     24K 
 8: EX-31.2     Certification -- §302 - SOA'02                      HTML     24K 
 9: EX-32.1     Certification -- §906 - SOA'02                      HTML     20K 
10: EX-32.2     Certification -- §906 - SOA'02                      HTML     20K 
12: R1          Cover Page                                          HTML     73K 
13: R2          Consolidated Condensed Statements of Income         HTML    109K 
14: R3          Consolidated Condensed Statements of Income         HTML     23K 
                (Parenthetical)                                                  
15: R4          Consolidated Condensed Statements of Comprehensive  HTML     45K 
                Income                                                           
16: R5          Consolidated Condensed Statements of Comprehensive  HTML     27K 
                Income (Parenthetical)                                           
17: R6          Consolidated Condensed Balance Sheets               HTML    119K 
18: R7          Consolidated Condensed Balance Sheets               HTML     32K 
                (Parenthetical)                                                  
19: R8          Consolidated Condensed Statements of Shareholders'  HTML     98K 
                Equity                                                           
20: R9          Consolidated Condensed Statements of Cash Flows     HTML    100K 
21: R10         Basis of Presentation                               HTML     32K 
22: R11         Revenue Recognition                                 HTML     56K 
23: R12         Leases                                              HTML     39K 
24: R13         Fair Value Measurements                             HTML     62K 
25: R14         Investments                                         HTML     21K 
26: R15         Earnings Per Share                                  HTML     61K 
27: R16         Goodwill, Service Contracts and Other Assets        HTML     77K 
28: R17         Debt, Derivatives and Hedging Activities            HTML     58K 
29: R18         Income Taxes                                        HTML     25K 
30: R19         Pension Plans                                       HTML     41K 
31: R20         Accumulated Other Comprehensive Income (Loss)       HTML     84K 
32: R21         Segment Information                                 HTML     70K 
33: R22         Basis of Presentation (Policies)                    HTML     30K 
34: R23         Basis of Presentation (Tables)                      HTML     28K 
35: R24         Revenue Recognition (Tables)                        HTML     47K 
36: R25         Leases (Tables)                                     HTML     38K 
37: R26         Fair Value Measurements (Tables)                    HTML     58K 
38: R27         Earnings Per Share (Tables)                         HTML     57K 
39: R28         Goodwill, Service Contracts and Other Assets        HTML     82K 
                (Tables)                                                         
40: R29         Debt, Derivatives and Hedging Activities (Tables)   HTML     51K 
41: R30         Pension Plans (Tables)                              HTML     35K 
42: R31         Accumulated Other Comprehensive Income (Loss)       HTML     86K 
                (Tables)                                                         
43: R32         Segment Information (Tables)                        HTML     65K 
44: R33         Basis of Presentation - Schedule of Inventory       HTML     31K 
                (Details)                                                        
45: R34         Revenue Recognition - Total Revenue Disaggregated   HTML     44K 
                by Operating Segment (Details)                                   
46: R35         Revenue Recognition - Narrative (Details)           HTML     37K 
47: R36         Leases - Operating Lease Cost and Additional Lease  HTML     33K 
                Information (Details)                                            
48: R37         Leases - Contractual Future Minimum Lease Payments  HTML     37K 
                (Details)                                                        
49: R38         Fair Value Measurements - Schedule of Instruments   HTML     53K 
                on a Recurring Basis (Details)                                   
50: R39         Investments (Details)                               HTML     31K 
51: R40         Earnings Per Share - Computation of EPS (Details)   HTML     52K 
52: R41         Earnings Per Share - Narrative (Details)            HTML     65K 
53: R42         Goodwill, Service Contracts and Other Assets -      HTML     35K 
                Goodwill (Details)                                               
54: R43         Goodwill, Service Contracts and Other Assets -      HTML     37K 
                Service Contracts (Details)                                      
55: R44         Goodwill, Service Contracts and Other Assets -      HTML     44K 
                Information Regarding Service Contracts and Other                
                Assets (Details)                                                 
56: R45         Goodwill, Service Contracts and Other Assets -      HTML     36K 
                Estimated Future Amortization Expense (Details)                  
57: R46         Debt, Derivatives and Hedging Activities - Summary  HTML     61K 
                of Debt Outstanding (Details)                                    
58: R47         Debt, Derivatives and Hedging Activities -          HTML     66K 
                Narrative (Details)                                              
59: R48         Income Taxes (Details)                              HTML     23K 
60: R49         Pension Plans (Details)                             HTML     32K 
61: R50         Accumulated Other Comprehensive Income (Loss) -     HTML     60K 
                Schedule of Changes in Accumulated Other                         
                Comprehensive Income (Loss) (Details)                            
62: R51         Accumulated Other Comprehensive Income (Loss) -     HTML     38K 
                Schedule of Reclassifications Out of Accumulated                 
                Other Comprehensive Loss (Details)                               
63: R52         Segment Information (Details)                       HTML     48K 
65: XML         IDEA XML File -- Filing Summary                      XML    117K 
11: XML         XBRL Instance -- ctas-20201130_htm                   XML   1.96M 
64: EXCEL       IDEA Workbook of Financial Reports                  XLSX     75K 
 3: EX-101.CAL  XBRL Calculations -- ctas-20201130_cal               XML    220K 
 4: EX-101.DEF  XBRL Definitions -- ctas-20201130_def                XML    389K 
 5: EX-101.LAB  XBRL Labels -- ctas-20201130_lab                     XML   1.20M 
 6: EX-101.PRE  XBRL Presentations -- ctas-20201130_pre              XML    677K 
 2: EX-101.SCH  XBRL Schema -- ctas-20201130                         XSD    123K 
66: JSON        XBRL Instance as JSON Data -- MetaLinks              305±   434K 
67: ZIP         XBRL Zipped Folder -- 0000723254-21-000002-xbrl      Zip   1.14M

‘R21’ — Segment Information

This is an IDEA Financial Report. [ Alternative Formats ]

Segment Information

6 Months Ended

Nov. 30, 2020

Segment Reporting [Abstract]

Segment Information

Cintas’ reportable operating segments are Uniform Rental and Facility Services and First Aid and Safety Services. The Uniform Rental and Facility Services reportable operating segment, consists of the rental and servicing of uniforms and other garments including flame resistant clothing, mats, mops and shop towels and other ancillary items. In addition to these rental items, restroom cleaning services and supplies and the sale of items from our catalogs to our customers on route are included within this reportable operating segment. The First Aid and Safety Services reportable operating segment consists of first aid and safety products and services. The remainder of Cintas’ operating segments, which consists of the Fire Protection Services operating segment and the Uniform Direct Sale operating segment, is included in All Other.

Cintas evaluates the performance of each operating segment based on several factors of which the primary financial measures are operating segment revenue and income before income taxes. The accounting policies of the operating segments are the same as those described in Note 1 entitled Basis of Presentation. Information related to the operations of Cintas’ reportable operating segments and All Other is set forth below:


(In thousands)	Uniform Rental and Facility Services		First Aid and Safety Services		All Other		Corporate (1)		Total

For the three months ended November 30, 2020
Revenue	$	1,410,488	$	194,419	$	152,141	$	—	$	1,757,048
Income (loss) before income taxes	$	315,609	$	21,506	$	15,757	$	(24,339)	$	328,533

For the three months ended November 30, 2019
Revenue	$	1,469,976	$	169,668	$	204,105	$	—	$	1,843,749
Income (loss) before income taxes	$	286,360	$	24,640	$	23,464	$	(25,894)	$	308,570

As of and for the six months ended November 30, 2020
Revenue	$	2,804,899	$	398,899	$	299,824	$	—	$	3,503,622
Income (loss) before income taxes	$	630,637	$	40,033	$	31,908	$	(48,825)	$	653,753
Total assets	$	6,732,076	$	657,665	$	361,837	$	703,175	$	8,454,753

As of and for the six months ended November 30, 2019
Revenue	$	2,924,503	$	341,758	$	388,627	$	—	$	3,654,888
Income (loss) before income taxes	$	555,371	$	49,409	$	35,830	$	(53,053)	$	587,557
Total assets	$	6,699,166	$	537,740	$	423,896	$	226,535	$	7,887,337

(1) Corporate assets include cash and marketable securities, if applicable, in all periods.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References + Details

Dates Referenced Herein and Documents Incorporated by Reference

This ‘10-Q’ Filing	Date	Other Filings

Filed on:	1/8/21
For Period end:	11/30/20
	11/30/19	10-Q
		List all Filings

↑Top

Filing Submission 0000723254-21-000002 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Cintas Corp. – ‘10-Q’ for 11/30/20 – ‘R21’

On: Friday, 1/8/21, at 1:10pm ET · For: 11/30/20 · Accession #: 723254-21-2 · File #: 0-11399

Previous ‘10-Q’: ‘10-Q’ on 10/9/20 for 8/31/20 · Next: ‘10-Q’ on 4/6/21 for 2/28/21 · Latest: ‘10-Q’ on 4/5/24 for 2/29/24

Quarterly Report — Form 10-Q
Filing Table of Contents

‘R21’ — Segment Information

This is an IDEA Financial Report. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

Cintas Corp. – ‘10-Q’ for 11/30/20 – ‘R21’

On: Friday, 1/8/21, at 1:10pm ET · For: 11/30/20 · Accession #: 723254-21-2 · File #: 0-11399

Previous ‘10-Q’: ‘10-Q’ on 10/9/20 for 8/31/20 · Next: ‘10-Q’ on 4/6/21 for 2/28/21 · Latest: ‘10-Q’ on 4/5/24 for 2/29/24

Quarterly Report — Form 10-QFiling Table of Contents

‘R21’ — Segment Information

This is an IDEA Financial Report. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

Quarterly Report — Form 10-Q
Filing Table of Contents