Item 6. Selected Financial Data

Five-Year Financial Summary



(In thousands except per share and percentage data)
Fiscal Years Ended May 31,	2012(1)		2013(1)		2014(1)		2015(1)		2016(1)		Compound Annual Growth (2012-2016)

Revenue	3,761,958		3,966,507		4,193,844		4,476,886		4,905,458		6.9	%
Net Income, Continuing Operations	281,230		306,336		337,772		410,521		456,941		12.9	%
Net Income, Discontinued Operations	16,407		9,106		36,670		20,097		236,579		92.8	%
Net Income	297,637		315,442		374,442		430,618		693,520		23.1	%
Basic Earnings Per Share:
Continuing Operations	2.15		2.46		2.78		3.51		4.15		18.0	%
Discontinued Operations	0.12		0.07		0.30		0.17		2.15		99.5	%
Basic Earnings per Share	2.27		2.53		3.08		3.68		6.30		28.6	%
Diluted Earnings Per Share:
Continuing Operations	2.15		2.45		2.75		3.46		4.09		17.6	%
Discontinued Operations	0.12		0.07		0.30		0.17		2.12		98.8	%
Diluted Earnings Per Share	2.27		2.52		3.05		3.63		6.21		28.1	%
Dividends Per Share	0.54		0.64		0.77		1.70		1.05		18.1	%
Total Assets	4,165,706		4,345,632		4,462,452		4,192,460		4,104,393		(0.4	)%
Shareholders' Equity	2,139,135		2,201,492		2,192,858		1,932,455		1,842,659		(3.8	)%
Return on Average Equity (2)	12.7	%	14.1	%	15.4	%	19.9	%	24.3	%
Long-Term Debt	1,059,166		1,300,979		1,300,477		1,300,000		1,300,000


(1)	In accordance with the applicable accounting guidance for the disposal of long-lived assets and discontinued operations, the results of Shred-it, Shredding and Storage have been excluded from continuing operations for all periods presented. Please see Note 16 entitled Discontinued Operations of "Notes to Consolidated Financial Statements" for additional information.


(2)	Return on average equity is computed as net income from continuing operations divided by the average of shareholders' equity. We believe that disclosure of this non-GAAP financial measure gives management and shareholders a good indication of Cintas' historical performance.