CTAS Company Profile

Cintas classifies its businesses into two operating segments: Rentals and Other Services.'The Rentals operating segment designs and manufactures corporate identity uniforms which it rents, along with other items, to its customers.'The Other Services operating segment involves the design, manufacture and direct sale of uniforms to its customers as well as the sale of ancillary services including restroom supplies, first aid and safety products and services, document management services and cleanroom supplies.

The rental markets served by Cintas are highly fragmented and competition for this business varies at each of Cintas' locations.'There are other companies in the uniform rental business which have financial resources comparable to those of Cintas, although much of the competition consists of smaller local and regional firms. In certain instances, local competitors may also have financial resources comparable to those of Cintas in a particular market.'Cintas believes that the primary competitive factors that affect its operations are product, quality, service, design and price.

The service provided to the rental markets served by Cintas principally consists of the rental and cleaning of uniforms as well as providing ongoing uniform replacements as required to each customer.'Cintas also offers ancillary products which include the rental or sale of entrance mats, fender covers, towels, mops, linen and restroom products and first aid and safety products and services.

Due to its diverse customer base and average account size, the loss of one account would not have a significant financial impact on Cintas.'No individual customer accounts for greater than one percent of Cintas' total revenues.

In its sale of customized uniforms, Cintas competes on a national basis with other uniform suppliers and manufacturers.

Cintas operates fourteen manufacturing facilities, which provide for a substantial amount of its standard uniform needs.'Additional products are purchased from numerous outside suppliers. Because of Cintas' ability to manufacture much of its own uniform needs, the loss of one vendor would not have a significant impact on Cintas.'Cintas purchases fabric, used in its manufacturing process, from several suppliers.'Cintas is not aware of any circumstances that would hinder its ability to obtain these materials.

Cintas does not anticipate any material capital expenditures for environmental remediation that would have a material effect on its financial condition. Cintas is not aware of any material non-compliance with environmental laws.