10-Q Filing

CINTAS CORP CIK: 723254 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0000723254-21-000032`
Period End Date	20210831
Filing Date	20211007
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	ctas-20210831_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 22 Cash Flow Statement 68 Stockholders Equity 19 Comprehensive Income 18

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	100,000.00	shares	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	100,000.00	shares	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	425.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	425.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$79.75M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$493.64M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	190.13M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$927.36M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	189.07M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$901.71M	USD	Point-in-time
Inventories, net	`InventoryNet`	$463.69M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	104.06M	shares	Point-in-time
Inventories, net	`InventoryNet`	$481.80M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	103.33M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	85.01M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	86.80M	shares	Point-in-time
Uniforms and other rental items in service	`UniformsAndOtherRentalItemsInService`	$846.66M	USD	Point-in-time
Uniforms and other rental items in service	`UniformsAndOtherRentalItemsInService`	$810.10M	USD	Point-in-time
Income taxes, current	`IncomeTaxesReceivable`	$11.25M	USD	Point-in-time
Income taxes, current	`IncomeTaxesReceivable`	$22.28M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$148.96M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$133.78M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.48B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.84B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.30B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.32B	USD	Point-in-time
Investments	`Investments`	$274.62M	USD	Point-in-time
Investments	`Investments`	$295.27M	USD	Point-in-time
Goodwill	`Goodwill`	$2.92B	USD	Point-in-time
Goodwill	`Goodwill`	$2.91B	USD	Point-in-time
Service contracts, net	`ServiceContractsFiniteLivedIntangibleAssetsNet`	$408.44M	USD	Point-in-time
Service contracts, net	`ServiceContractsFiniteLivedIntangibleAssetsNet`	$403.98M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$159.29M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$168.53M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$295.32M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$310.41M	USD	Point-in-time
Total assets	`Assets`	$7.86B	USD	Point-in-time
Total assets	`Assets`	$8.04B	USD	Point-in-time
Total assets	`Assets`	$8.24B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$230.79M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$202.97M	USD	Point-in-time
Accrued compensation and related liabilities	`EmployeeRelatedLiabilitiesCurrent`	$155.21M	USD	Point-in-time
Accrued compensation and related liabilities	`EmployeeRelatedLiabilitiesCurrent`	$241.47M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$518.91M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$592.38M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$43.31M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$43.85M	USD	Point-in-time
Debt due within one year	`LongTermDebtCurrent`	$899.07M	USD	Point-in-time
Debt due within one year	`LongTermDebtCurrent`	$1.28B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.93B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.27B	USD	Point-in-time
Debt due after one year	`LongTermDebtNoncurrent`	$1.34B	USD	Point-in-time
Debt due after one year	`LongTermDebtNoncurrent`	$1.64B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$386.65M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$395.60M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$122.29M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$130.77M	USD	Point-in-time
Accrued liabilities	`AccountsPayableAndAccruedLiabilitiesNoncurrent`	$418.40M	USD	Point-in-time
Accrued liabilities	`AccountsPayableAndAccruedLiabilitiesNoncurrent`	$454.64M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$2.61B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$2.28B	USD	Point-in-time
Preferred stock, no par value: 100,000 shares authorized, none outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, no par value: 100,000 shares authorized, none outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, no par value, and paid-in capital: 425,000,000 shares authorized, FY 2022: 190,127,513 shares issued and 103,329,218 shares outstanding; FY 2021: 189,071,185 shares issued and 104,061,391 shares outstanding	`CommonStockValueOutstanding`	$1.52B	USD	Point-in-time
Common stock, no par value, and paid-in capital: 425,000,000 shares authorized, FY 2022: 190,127,513 shares issued and 103,329,218 shares outstanding; FY 2021: 189,071,185 shares issued and 104,061,391 shares outstanding	`CommonStockValueOutstanding`	$1.63B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$8.11B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.88B	USD	Point-in-time
Treasury stock: FY 2022: 86,798,295 shares, FY 2021: 85,009,794	`TreasuryStockValue`	$5.74B	USD	Point-in-time
Treasury stock: FY 2022: 86,798,295 shares, FY 2021: 85,009,794	`TreasuryStockValue`	$6.40B	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-30.27M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$30.89M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.31B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.69B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.60B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.24B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$8.24B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$7.86B	USD	Point-in-time

Income Statement 22 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.90B	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.75B	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$476.50M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$508.65M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$349.71M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$394.10M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$56.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$64.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$21.85M	USD	1 Quarter
Interest expense	`InterestExpense`	$24.55M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$372.30M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$325.22M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$25.21M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$41.12M	USD	1 Quarter
Net income	`NetIncomeLoss`	$331.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$300.00M	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$2.86	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$3.19	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$3.11	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$2.78	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.95	USD	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$331.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$300.00M	USD	1 Quarter
Depreciation	`Depreciation`	$60.95M	USD	1 Quarter
Depreciation	`Depreciation`	$60.57M	USD	1 Quarter
Amortization of intangible assets and capitalized contract costs	`AdjustmentForAmortization`	$35.60M	USD	1 Quarter
Amortization of intangible assets and capitalized contract costs	`AdjustmentForAmortization`	$36.99M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$36.50M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$29.05M	USD	1 Quarter
Gain on sale of operating assets	`GainLossOnSaleOfOtherAssets`	$12.18M	USD	1 Quarter
Gain on sale of operating assets	`GainLossOnSaleOfOtherAssets`	-	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-22.89M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$8.72M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-7.12M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$27.74M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$-14.99M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$77.94M	USD	1 Quarter
Uniforms and other rental items in service	`IncreaseDecreaseInUniformsAndOtherRentalItemsInService`	$-16.55M	USD	1 Quarter
Uniforms and other rental items in service	`IncreaseDecreaseInUniformsAndOtherRentalItemsInService`	$39.27M	USD	1 Quarter
Prepaid expenses and other current assets and capitalized contract costs	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$42.28M	USD	1 Quarter
Prepaid expenses and other current assets and capitalized contract costs	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$36.72M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$20.36M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-26.27M	USD	1 Quarter
Accrued compensation and related liabilities	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-10.07M	USD	1 Quarter
Accrued compensation and related liabilities	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-85.83M	USD	1 Quarter
Accrued liabilities and other	`IncreaseDecreaseInAccruedLiabilities`	$-24.34M	USD	1 Quarter
Accrued liabilities and other	`IncreaseDecreaseInAccruedLiabilities`	$-14.30M	USD	1 Quarter
Income taxes, current	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-3.67M	USD	1 Quarter
Income taxes, current	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$11.01M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$312.29M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$262.14M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$30.88M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$48.75M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$8.74M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$4.94M	USD	1 Quarter
Proceeds from sale of operating assets	`ProceedsFromSaleOfOtherProductiveAssets`	-	USD	1 Quarter
Proceeds from sale of operating assets	`ProceedsFromSaleOfOtherProductiveAssets`	$15.07M	USD	1 Quarter
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$35.73M	USD	1 Quarter
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.98M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$2.14M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$6.18M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-39.94M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-84.32M	USD	1 Quarter
Issuance of commercial paper, net	`ProceedsFromRepaymentsOfCommercialPaper`	$326.00M	USD	1 Quarter
Issuance of commercial paper, net	`ProceedsFromRepaymentsOfCommercialPaper`	-	USD	1 Quarter
Repayment of debt	`RepaymentsOfLongTermDebt`	-	USD	1 Quarter
Repayment of debt	`RepaymentsOfLongTermDebt`	$250.00M	USD	1 Quarter
Proceeds from exercise of stock-based compensation awards	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$72.90M	USD	1 Quarter
Proceeds from exercise of stock-based compensation awards	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$72.12M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$79.14M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	-	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$69.01M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$659.24M	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-610.00K	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-869.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.24M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-590.08M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.55M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.63M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$276.14M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-413.89M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$421.54M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$79.75M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$493.64M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$145.40M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$421.54M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$79.75M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$493.64M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$145.40M	USD	Point-in-time

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$3.31B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.69B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.60B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.24B	USD	Point-in-time
Net income	`NetIncomeLoss`	$331.18M	USD	1 Quarter
Net income	`NetIncomeLoss`	$300.00M	USD	1 Quarter
Comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-61.15M	USD	1 Quarter
Comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$37.43M	USD	1 Quarter
Dividends	`DividendsCommonStockCash`	$98.83M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$29.05M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$36.50M	USD	1 Quarter
Stock options exercised, net of shares surrendered	`StockIssuedDuringPeriodValueStockOptionsExercised`	$72.12M	USD	1 Quarter
Stock options exercised, net of shares surrendered	`StockIssuedDuringPeriodValueStockOptionsExercised`	$72.90M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$69.01M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$659.24M	USD	1 Quarter
Balance	`StockholdersEquity`	$3.31B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.69B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.60B	USD	Point-in-time
Balance	`StockholdersEquity`	$3.24B	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$331.18M	USD	1 Quarter
Change in fair value of interest rate lock agreements, tax (benefit) expense	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-12.55M	USD	1 Quarter
Net income	`NetIncomeLoss`	$300.00M	USD	1 Quarter
Change in fair value of interest rate lock agreements, tax (benefit) expense	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$3.67M	USD	1 Quarter
Amortization of interest rate lock agreements, tax benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-148.00K	USD	1 Quarter
Amortization of interest rate lock agreements, tax benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-116.00K	USD	1 Quarter
Other comprehensive income (loss), tax (benefit) expense	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$3.79M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-24.02M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$26.95M	USD	1 Quarter
Other comprehensive income (loss), tax (benefit) expense	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-12.41M	USD	1 Quarter
Change in fair value of interest rate lock agreements, net of tax (benefit) expense of $(12,554) and $3,672, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-36.68M	USD	1 Quarter
Change in fair value of interest rate lock agreements, net of tax (benefit) expense of $(12,554) and $3,672, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$10.84M	USD	1 Quarter
Amortization of interest rate lock agreements, net of tax benefit of $148 and $116, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$358.00K	USD	1 Quarter
Amortization of interest rate lock agreements, net of tax benefit of $148 and $116, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$459.00K	USD	1 Quarter
Other comprehensive (loss) income, net of tax (benefit) expense of $(12,406) and $3,788, respectively	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-61.15M	USD	1 Quarter
Other comprehensive (loss) income, net of tax (benefit) expense of $(12,406) and $3,788, respectively	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$37.43M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$337.44M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$270.02M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.