10-Q Filing

CINTAS CORP CIK: 723254 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001104659-11-055364`
Period End Date	20110831
Filing Date	20111007
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	ctas-20110831.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 28 Cash Flow Statement 61

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100,000.00	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100,000.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	425.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	425.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	173.63M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	173.35M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$290.65M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	129.72M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$411.28M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$438.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$150.31M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	137.58M	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$126.73M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	43.91M	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$87.22M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	35.76M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$439.09M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$429.13M	USD	Point-in-time
Inventories, net	`InventoryNet`	$249.66M	USD	Point-in-time
Inventories, net	`InventoryNet`	$280.21M	USD	Point-in-time
Uniforms and other rental items in service	`UniformsAndOtherRentalItemsInService`	$393.83M	USD	Point-in-time
Uniforms and other rental items in service	`UniformsAndOtherRentalItemsInService`	$405.03M	USD	Point-in-time
Income taxes, current	`IncomeTaxesReceivable`	$33.54M	USD	Point-in-time
Deferred income tax asset	`DeferredTaxAssetsNetCurrent`	$45.81M	USD	Point-in-time
Deferred income tax asset	`DeferredTaxAssetsNetCurrent`	$51.82M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$23.48M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$29.42M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.48B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.70B	USD	Point-in-time
Property and equipment, at cost, net	`PropertyPlantAndEquipmentNet`	$946.22M	USD	Point-in-time
Property and equipment, at cost, net	`PropertyPlantAndEquipmentNet`	$946.47M	USD	Point-in-time
Goodwill	`Goodwill`	$1.49B	USD	Point-in-time
Goodwill	`Goodwill`	$1.49B	USD	Point-in-time
Service contracts, net	`ServiceContractsFiniteLivedIntangibleAssetsNet`	$102.31M	USD	Point-in-time
Service contracts, net	`ServiceContractsFiniteLivedIntangibleAssetsNet`	$94.43M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$114.75M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$116.23M	USD	Point-in-time
Total assets	`Assets`	$3.89B	USD	Point-in-time
Total assets	`Assets`	$4.13B	USD	Point-in-time
Total assets	`Assets`	$4.35B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$100.75M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$110.28M	USD	Point-in-time
Accrued compensation and related liabilities	`EmployeeRelatedLiabilitiesCurrent`	$52.23M	USD	Point-in-time
Accrued compensation and related liabilities	`EmployeeRelatedLiabilitiesCurrent`	$79.83M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$242.69M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$225.38M	USD	Point-in-time
Income taxes, current	`AccruedIncomeTaxesCurrent`	$14.26M	USD	Point-in-time
Long-term debt due within one year	`LongTermDebtCurrent`	$226.03M	USD	Point-in-time
Long-term debt due within one year	`LongTermDebtCurrent`	$1.33M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$434.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$618.65M	USD	Point-in-time
Long-term debt due after one year	`LongTermDebtNoncurrent`	$1.06B	USD	Point-in-time
Long-term debt due after one year	`LongTermDebtNoncurrent`	$1.28B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$196.32M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$194.61M	USD	Point-in-time
Accrued liabilities	`AccountsPayableAndAccruedLiabilitiesNoncurrent`	$134.04M	USD	Point-in-time
Accrued liabilities	`AccountsPayableAndAccruedLiabilitiesNoncurrent`	$140.50M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.62B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.39B	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: 425,000,000 shares authorized, FY 2012: 173,631,015 issued and 129,722,089 outstanding, FY 2011: 173,346,180 issued and 137,583,884 outstanding	`CommonStockValue`	$144.52M	USD	Point-in-time
Common stock, no par value: 425,000,000 shares authorized, FY 2012: 173,631,015 issued and 129,722,089 outstanding, FY 2011: 173,346,180 issued and 137,583,884 outstanding	`CommonStockValue`	$135.40M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$95.73M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$91.68M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.26B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.32B	USD	Point-in-time
Treasury stock: FY 2012: 43,908,926 shares, FY 2011: 35,762,296 shares	`TreasuryStockValue`	$1.51B	USD	Point-in-time
Treasury stock: FY 2012: 43,908,926 shares, FY 2011: 35,762,296 shares	`TreasuryStockValue`	$1.24B	USD	Point-in-time
Other accumulated comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$59.57M	USD	Point-in-time
Other accumulated comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$58.81M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$2.30B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$2.11B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$4.35B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$4.13B	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Rental uniforms and ancillary products	`RevenueRentalUniformsAndAncillaryProducts`	$657.56M	USD	1 Quarter
Rental uniforms and ancillary products	`RevenueRentalUniformsAndAncillaryProducts`	$719.42M	USD	1 Quarter
Other services	`RevenueOtherServices`	$266.34M	USD	1 Quarter
Other services	`RevenueOtherServices`	$297.76M	USD	1 Quarter
Total revenue	`Revenues`	$923.90M	USD	1 Quarter
Total revenue	`Revenues`	$1.02B	USD	1 Quarter
Cost of rental uniforms and ancillary products	`CostOfRentalUniformsAndAncillaryProducts`	$371.51M	USD	1 Quarter
Cost of rental uniforms and ancillary products	`CostOfRentalUniformsAndAncillaryProducts`	$403.41M	USD	1 Quarter
Cost of other services	`CostOfOtherServices`	$174.73M	USD	1 Quarter
Cost of other services	`CostOfOtherServices`	$158.72M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$310.47M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$293.43M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$100.25M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$128.57M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$365.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$578.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$17.33M	USD	1 Quarter
Interest expense	`InterestExpense`	$12.27M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$111.61M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$88.55M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$42.97M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$27.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$61.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$68.64M	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.40	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.52	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.52	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter

Cash Flow Statement 61 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$61.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$68.64M	USD	1 Quarter
Depreciation	`Depreciation`	$37.36M	USD	1 Quarter
Depreciation	`Depreciation`	$38.28M	USD	1 Quarter
Amortization of deferred charges	`AdjustmentForAmortization`	$10.43M	USD	1 Quarter
Amortization of deferred charges	`AdjustmentForAmortization`	$10.23M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$4.52M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$3.05M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.54M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-7.81M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$13.75M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$10.14M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$14.80M	USD	1 Quarter
Inventories, net	`IncreaseDecreaseInInventories`	$30.77M	USD	1 Quarter
Uniforms and other rental items in service	`IncreaseDecreaseInUniformsAndOtherRentalItemsInService`	$15.48M	USD	1 Quarter
Uniforms and other rental items in service	`IncreaseDecreaseInUniformsAndOtherRentalItemsInService`	$11.12M	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.98M	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$10.92M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-9.33M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.42M	USD	1 Quarter
Accrued compensation and related liabilities	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-27.61M	USD	1 Quarter
Accrued compensation and related liabilities	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-21.35M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-32.93M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-10.20M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$26.53M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$47.86M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$35.30M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$56.56M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$44.42M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$48.20M	USD	1 Quarter
Proceeds from redemption of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$77.65M	USD	1 Quarter
Proceeds from redemption of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$63.56M	USD	1 Quarter
Purchase of marketable securities and investments	`PaymentsToAcquireInvestments`	$107.14M	USD	1 Quarter
Purchase of marketable securities and investments	`PaymentsToAcquireInvestments`	$6.42M	USD	1 Quarter
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$47.82M	USD	1 Quarter
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$870.00K	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$2.76M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-6.54M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-82.34M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-27.55M	USD	1 Quarter
Proceeds from issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.54M	USD	1 Quarter
Repayment of debt	`RepaymentsOfLongTermDebt`	$444.00K	USD	1 Quarter
Repayment of debt	`RepaymentsOfLongTermDebt`	$148.00K	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$131.34M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$262.64M	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$926.00K	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$2.18M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-262.16M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-127.76M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-623.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$137.00K	USD	1 Quarter
Net decrease in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-120.64M	USD	1 Quarter
Net decrease in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-287.79M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$290.65M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$411.28M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$438.11M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$150.31M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$290.65M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$411.28M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$438.11M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$150.31M	USD	Point-in-time

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