G&K Services Inc (GK) financial statements (2021 and earlier)

Company profile

Business Address 5995 OPUS PARKWAY
MINNETONKA, MN 55343
State of Incorp. MN
Fiscal Year End June 30
SIC 72 - Personal Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

6/30/2016
6/30/2015
6/30/2014
6/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments24163739
Cash and cash equivalents24163739
Receivables10310010091
Inventory, net of allowances, customer advances and progress billings3436
Inventory3436  
Prepaid expense and other current assets14
Other current assets213027
Other undisclosed current assets132134163165
Total current assets:313317327308
Noncurrent Assets
Property, plant and equipment229222201194
Intangible assets, net (including goodwill)325330340343
Goodwill325325333334
Intangible assets, net (excluding goodwill) 569
Deferred costs 34  
Other noncurrent assets556455
Prepaid expense and other noncurrent assets51
Other undisclosed noncurrent assets (39)  
Total noncurrent assets:608612596589
TOTAL ASSETS:922929924897
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1181239189
Accounts payable45524542
Accrued liabilities2625  
Employee-related liabilities47464647
Debt 010
Deferred tax liabilities 31267
Other undisclosed current liabilities  2635
Total current liabilities:118155144130
Noncurrent Liabilities
Long-term debt and lease obligation, including:231244266175
Other undisclosed long-term debt and lease obligation231244266175
Liabilities, other than long-term debt114208183130
Pension and other postretirement defined benefit plans, liabilities3227
Accounts payable and accrued liabilities 26  
Deferred tax liabilities, net 291720
Liability for uncertainty in income taxes 81210
Liability, pension and other postretirement and postemployment benefits 37
Other liabilities11410712273
Other undisclosed noncurrent liabilities69(71)(44)(5)
Total noncurrent liabilities:414380405300
Total liabilities:532535549430
Stockholders' equity
Stockholders' equity attributable to parent390394374467
Common stock10101010
Additional paid in capital85786345
Accumulated other comprehensive income (loss)(29)(9)49
Retained earnings324315297403
Total stockholders' equity:390394374467
TOTAL LIABILITIES AND EQUITY:922929924897

Income statement (P&L) ($ in millions)

6/30/2016
6/30/2015
6/30/2014
6/30/2013
Revenues
(Revenue, Net)
978938901908
Cost of revenue(643)(621)(595)(622)
Cost of goods and services sold   (622)
Gross profit:335317306286
Operating expenses(212)(215)(216)(212)
Other undisclosed operating income (loss) (0)64
Operating income:1231019678
Interest and debt expense(7)(7)(6)(5)
Income from continuing operations before income taxes:116949073
Income tax expense(43)(34)(34)(26)
Income from continuing operations:72605647
Loss from discontinued operations (8)  
Net income:72525647
Other undisclosed net income (loss) attributable to parent 8(8) 
Net income available to common stockholders, diluted:72604847

Comprehensive Income ($ in millions)

6/30/2016
6/30/2015
6/30/2014
6/30/2013
Net income:72525647
Other comprehensive income (loss)11(13)(5) 
Comprehensive income:83395147
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(31)8(8)7
Comprehensive income, net of tax, attributable to parent:53474254

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: