Cintas corp (CTAS)
Income statement / Quarterly
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Nov'10Aug'10May'10Feb'10Nov'09Aug'09
Revenue:
Total revenue

1,810,648

1,843,749

1,811,139

1,793,730

1,682,330

1,718,268

1,697,975

1,669,550

1,589,138

1,606,441

1,611,503

1,530,287

1,255,367

1,271,077

1,266,650

1,161,719

1,216,083

1,219,080

1,198,890

1,035,374

1,108,847

1,123,379

1,102,077

858,694

1,110,973

1,123,931

1,100,246

1,058,579

1,075,674

1,060,386

1,051,325

1,053,582

1,012,112

1,019,126

1,017,180

1,012,087

937,827

936,566

923,904

909,449

861,812

884,509

891,569

Costs and expenses:
Selling and administrative expenses

509,743

517,927

542,996

508,240

476,099

491,671

504,634

471,807

490,618

468,084

486,283

437,673

358,589

361,415

369,703

335,055

331,656

327,051

338,637

293,295

301,690

299,841

314,458

197,815

317,873

314,868

316,483

278,819

308,918

293,013

306,581

303,036

288,367

297,112

310,466

304,170

283,045

288,304

293,425

286,930

275,596

259,406

264,427

G&K Services, Inc. integration expenses

0

0

0

914

799

7,847

4,850

15,031

9,821

13,074

3,971

63,746

9,344

3,347

2,787

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Shredding Transaction costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,158

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Legal settlements, net of insurance proceeds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

4,052

19,477

Operating income

314,652

334,464

306,146

314,411

278,255

275,640

265,228

265,500

200,024

235,211

249,099

177,307

191,991

200,456

203,937

190,133

192,952

200,349

185,507

164,951

173,617

181,583

163,488

161,294

149,603

152,211

139,612

154,638

133,023

139,023

139,294

140,832

137,536

132,685

128,574

128,877

108,876

102,344

100,246

101,518

84,011

106,389

98,891

Gain on sale of a cost method investment

0

0

-

-

0

69,373

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on deconsolidation of Shredding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of stock of an equity method investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

21,739

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income

347

283

162

271

70

391

496

370

384

291

297

130

11

31

65

331

335

111

119

171

96

19

53

33

44

84

68

51

132

149

77

801

373

403

365

778

280

394

578

600

422

314

359

Interest expense

25,943

26,177

27,321

25,782

26,770

24,880

24,304

24,828

25,901

29,129

30,317

45,389

13,696

13,267

14,172

15,776

16,163

16,171

16,412

16,395

16,254

15,929

16,583

16,396

16,418

16,485

16,523

16,518

16,302

16,294

16,598

18,344

17,219

17,728

17,334

12,749

12,520

12,161

12,274

12,420

11,575

12,579

12,038

Income before income taxes

289,056

308,570

278,987

288,900

251,555

320,524

241,420

241,042

174,507

206,373

219,079

132,048

178,306

187,220

189,830

174,688

177,124

184,289

169,214

148,727

157,459

165,673

168,697

144,931

133,229

135,810

123,157

138,171

116,853

122,878

122,773

123,289

120,690

115,360

111,605

116,906

96,636

90,577

88,550

89,698

72,858

94,124

87,212

Income taxes

54,536

62,127

28,175

62,729

50,632

77,530

28,873

51,744

-121,282

68,636

57,971

49,874

61,352

65,270

53,622

65,013

59,845

68,836

63,016

56,111

57,128

61,972

62,792

53,339

48,903

51,354

45,759

51,050

42,148

44,851

46,040

44,675

44,655

41,010

42,967

46,130

37,566

34,711

27,273

34,220

23,876

36,948

33,228

(Loss) gain on investment in Shred-it Partnership, net of tax benefit of $3,264 and tax of $766, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from continuing operations

234,520

246,443

250,812

226,171

200,923

242,994

212,547

189,298

295,789

137,737

161,108

82,174

116,954

121,950

136,208

109,675

117,279

115,453

106,198

92,616

100,331

103,701

105,905

91,592

84,326

84,456

77,398

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from discontinued operations, net of tax expense of $772, tax benefit of $107 and tax expense of $768, respectively

0

-323

0

-52

2,411

19

-32

-3,127

6,306

-628

56,103

2,061

1,051

18,427

1,883

21,223

62

229,647

-6,017

12,599

-5,448

16,711

4,203

35,632

276

406

356

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

234,520

246,120

250,812

226,119

203,334

243,013

212,515

186,171

302,095

137,109

217,211

84,235

118,005

140,377

138,091

130,898

117,341

345,100

100,181

105,215

94,883

120,412

110,108

127,224

84,602

84,862

77,754

85,977

74,705

78,027

76,733

78,614

76,035

74,350

68,638

70,776

59,070

55,866

61,277

55,478

48,982

57,176

53,984

Basic earnings per share:
Continuing operations (in dollars per share)

2.23

2.35

2.40

2.13

1.89

2.25

1.96

1.74

2.73

1.27

1.50

0.76

1.09

1.15

1.27

0.00

1.07

1.05

0.94

0.80

0.86

0.88

0.90

0.75

0.70

0.70

0.63

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in dollars per share)

0.00

0.00

0.00

0.00

0.02

0.00

0.00

-0.03

0.06

-0.01

0.52

0.02

0.01

0.17

0.02

0.00

0.00

2.06

-0.05

0.11

-0.05

0.14

0.04

0.29

0.00

0.01

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic earnings per share (in dollars per share)

2.23

2.35

2.40

2.13

1.91

2.25

1.96

1.71

2.79

1.26

2.02

0.78

1.10

1.32

1.29

0.00

1.07

3.11

0.89

0.91

0.81

1.02

0.94

1.04

0.70

0.71

0.63

0.69

0.60

0.63

0.61

0.60

0.58

0.57

0.52

0.49

0.41

0.38

0.40

0.36

0.32

0.37

0.35

Diluted earnings per share:
Continuing operations (in dollars per share)

2.16

2.27

2.32

2.07

1.83

2.18

1.89

1.68

2.66

1.24

1.45

0.75

1.06

1.12

1.24

0.00

1.05

1.03

0.93

0.79

0.85

0.86

0.89

0.74

0.69

0.69

0.63

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in dollars per share)

0.00

0.00

0.00

0.00

0.02

0.00

0.00

-0.02

0.05

-0.01

0.51

0.01

0.01

0.17

0.02

0.00

0.00

2.03

-0.05

0.11

-0.05

0.14

0.04

0.29

0.00

0.01

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted earnings per share (in dollars per share)

2.16

2.27

2.32

2.07

1.85

2.18

1.89

1.66

2.71

1.23

1.96

0.76

1.07

1.29

1.26

0.00

1.05

3.06

0.88

0.90

0.80

1.00

0.93

1.03

0.69

0.70

0.63

0.69

0.60

0.63

0.60

0.60

0.58

0.57

0.52

0.49

0.41

0.38

0.40

0.36

0.32

0.37

0.35

Dividends declared per share (in dollars per share)

0.00

2.55

-

-

0.00

2.05

-

-

1.62

1.62

-

-

1.33

1.33

-

-

0.00

1.05

-

-

0.00

1.70

-

-

0.00

0.77

-

-

0.00

0.64

-

-

0.00

0.54

-

-

-

0.49

-

-

0.48

-

-

Uniform Rental and Facility Services
Total revenue

1,448,021

1,469,976

1,454,527

1,428,392

1,358,322

1,390,778

1,374,938

1,342,786

1,284,516

1,308,038

1,311,784

1,220,015

988,178

1,000,015

994,282

946,847

936,565

937,704

938,408

870,625

883,401

891,475

873,698

905,751

801,702

804,316

792,866

785,018

748,887

755,839

754,843

749,037

721,012

722,789

719,423

711,861

664,976

657,847

657,564

647,664

622,458

643,597

655,638

Cost of revenue

784,930

784,937

768,676

771,056

748,971

761,119

746,453

737,998

718,138

723,960

706,863

676,389

542,790

551,498

537,097

523,583

524,656

526,091

518,503

494,894

501,273

505,823

490,675

558,548

450,086

459,112

454,731

454,438

434,809

438,902

428,148

424,940

409,958

410,247

403,406

401,246

380,224

377,471

371,515

366,169

356,750

363,728

362,929

Other
Total revenue

362,627

373,773

356,612

365,338

324,008

327,490

323,037

326,764

304,622

298,403

299,719

310,272

267,189

271,062

272,368

214,872

279,518

281,376

260,482

164,749

225,446

231,904

228,379

-47,057

309,271

319,615

307,380

273,561

326,787

304,547

296,482

304,545

291,100

296,337

297,757

300,226

272,851

278,719

266,340

261,785

239,354

240,912

235,931

Cost of revenue

201,323

206,421

193,321

199,109

178,206

181,991

176,810

179,214

170,537

166,112

165,287

175,172

152,653

154,361

153,126

112,948

166,819

165,589

156,243

82,234

132,267

136,132

133,456

-56,805

191,253

197,740

189,420

170,684

198,924

189,448

177,302

184,774

176,251

179,082

174,734

177,794

165,682

168,447

158,718

157,712

145,455

150,934

145,845