View Filing Data

Print Document View Excel Document

Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Jun. 30, 2019	Aug. 15, 2019	Dec. 31, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	HENRY JACK & ASSOCIATES INC
Entity Central Index Key	0000779152
Current Fiscal Year End Date	--06-30
Entity Filer Category	Large Accelerated Filer
Document Type	10-K
Document Period End Date	Jun. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Common Stock, Shares Outstanding		77,000,307
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Public Float			$ 10,791,330,916

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
REVENUE
REVENUE	$ 393,509	$ 380,364	$ 386,275	$ 392,543	$ 378,256	$ 374,048	$ 357,209	$ 361,284	$ 1,552,691	$ 1,470,797	$ 1,388,290
EXPENSES
Cost of Revenue	240,040	235,594	227,284	220,112	223,606	218,517	207,100	203,915	923,030	853,138	805,855
Research and Development	24,920	23,442	23,990	24,026	24,406	22,591	22,414	20,929	96,378	90,340	84,753
Selling, General and Administrative	49,131	44,887	46,797	45,183	45,294	42,234	43,094	41,088	185,998	171,710	159,235
Gain on Disposal of Businesses					0	0	(189)	(1,705)	0	(1,894)	(3,270)
Total Expenses	314,091	303,923	298,071	289,321	293,306	283,342	272,419	264,227	1,205,406	1,113,294	1,046,573
OPERATING INCOME	79,418	76,441	88,204	103,222	84,950	90,706	84,790	97,057	347,285	357,503	341,717
INTEREST INCOME (EXPENSE)
Interest Income	178	155	252	291	152	130	146	147	876	575	248
Interest Expense	(407)	(224)	(148)	(147)	(747)	(734)	(250)	(189)	(926)	(1,920)	(996)
Total Interest Income (Expense)	(229)	(69)	104	144	(595)	(604)	(104)	(42)	(50)	(1,345)	(748)
INCOME BEFORE INCOME TAXES	79,189	76,372	88,308	103,366	84,355	90,102	84,686	97,015	347,235	356,158	340,969
PROVISION/ (BENEFIT) FOR INCOME TAXES	18,196	17,120	20,219	19,815	16,519	21,017	(76,557)	30,145	75,350	(8,876)	111,408
NET INCOME	$ 60,993	$ 59,252	$ 68,089	$ 83,551	$ 67,836	$ 69,085	$ 161,243	$ 66,870	$ 271,885	$ 365,034	$ 229,561
Earnings Per Share
Basic earnings per share	$ 0.79	$ 0.77	$ 0.88	$ 1.08	$ 0.88	$ 0.89	$ 2.09	$ 0.87	$ 3.52	$ 4.73	$ 2.95
Basic weighted average shares outstanding	77,060	77,177	77,216	77,188	77,261	77,247	77,218	77,283	77,160	77,252	77,856
Diluted earnings per share	$ 0.79	$ 0.77	$ 0.88	$ 1.08	$ 0.87	$ 0.89	$ 2.08	$ 0.86	$ 3.52	$ 4.70	$ 2.93
Diluted weighted average shares outstanding	77,157	77,286	77,409	77,537	77,585	77,546	77,565	77,646	77,347	77,585	78,255

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
CURRENT ASSETS:
Cash and cash equivalents	$ 93,628	$ 31,440	$ 114,765	$ 70,310
Receivables, net	310,080	297,271
Income tax receivable	17,817	21,671
Prepaid expenses and other	106,466	96,069
Deferred costs	35,102	22,991
Assets held for sale	6,355	1,300
Total current assets	569,448	470,742
PROPERTY AND EQUIPMENT, net	272,474	285,550
OTHER ASSETS:
Non-current deferred costs	90,084	74,865
Computer software, net of amortization	318,969	288,172
Other non-current assets	134,743	110,299
Other intangible assets, net of amortization	31,514	38,467
Goodwill	666,944	649,929
Total other assets	1,342,907	1,276,766
Total assets	2,184,829	2,033,058
CURRENT LIABILITIES:
Accounts payable	9,850	30,360
Accrued expenses	120,360	88,764
Deferred revenues	339,752	328,931
Total current liabilities	469,962	448,055
LONG-TERM LIABILITIES:
Non-current deferred revenues	54,554	40,984
Deferred income tax liability	217,010	208,303
Other long-term liabilities	14,290	12,872
Total long-term liabilities	285,854	262,159
Total liabilities	755,816	710,214
STOCKHOLDERS' EQUITY
Preferred stock - $1 par value; 500,000 shares authorized, none issued	0	0
Common stock - $0.01 par value; 250,000,000 shares authorized; 103,496,026 shares issued at June 30, 2019; 103,278,562 shares issued at June 30, 2018	1,035	1,033
Additional paid-in capital	472,029	464,138
Retained earnings	2,066,073	1,912,933
Less treasury stock at cost; 26,507,903 shares at June 30, 2019; 26,107,903 shares at June 30, 2018	(1,110,124)	(1,055,260)
Total stockholders' equity	1,429,013	1,322,844	$ 1,099,693
Total liabilities and equity	2,184,829	2,033,058
Customer Relationships [Member]
OTHER ASSETS:
Customer relationships, net of amortization	$ 100,653	$ 115,034

CONSOLIDATED BALANCE SHEETS PARENTHETICAL - $ / shares	Jun. 30, 2019	Jun. 30, 2018
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 1.00	$ 1.00
Preferred stock, authorized shares	500,000	500,000
Preferred stock, issued shares	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, authorized shares	250,000,000	250,000,000
Common stock, issued shares	103,496,026	103,278,562
Treasury Stock, Shares	26,507,903	26,107,903

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Preferred stock	Common Stock	Additional Paid-In Capital	Retained Earnings	Treasury Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative effect of ASC 606 adoption					$ 83,874
Balance, beginning of year (value) at Jun. 30, 2016			$ 1,029	$ 440,123	1,431,192	$ (876,134)
Shares, beginning of year at Jun. 30, 2016			102,903,971
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued for equity-based payment arrangements (value)			$ 1	(1)
Shares issued for equity-based payment arrangements (shares)			98,781
Tax withholding related to share based compensation				(5,479)
Shares issued for Employee Stock Purchase Plan (value)			$ 1	6,244
Shares issued for Employee Stock Purchase Plan (shares)			80,547
Stock-based compensation expense (value)				11,129
NET INCOME	$ 229,561				229,561
Dividends					(91,707)
Purchase of treasury shares						(130,140)
Balance, end of year (value) at Jun. 30, 2017	$ 1,099,693		$ 1,031	452,016	1,652,920	(1,006,274)
Shares, end of year at Jun. 30, 2017			103,083,299
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared per share	$ 1.18
Cumulative effect of ASC 606 adoption					0
Shares issued for equity-based payment arrangements (value)			$ 1	174
Shares issued for equity-based payment arrangements (shares)			118,865
Tax withholding related to share based compensation				(7,332)
Shares issued for Employee Stock Purchase Plan (value)			$ 1	7,522
Shares issued for Employee Stock Purchase Plan (shares)			76,398
Stock-based compensation expense (value)				11,758
NET INCOME	$ 365,034				365,034
Dividends					(105,021)
Purchase of treasury shares						(48,986)
Balance, end of year (value) at Jun. 30, 2018	$ 1,322,844		$ 1,033	464,138	1,912,933	(1,055,260)
Shares, end of year at Jun. 30, 2018			103,278,562
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared per share	$ 1.36
Preferred Shares		0
Cumulative effect of ASC 606 adoption					0
Shares issued for equity-based payment arrangements (value)			$ 1	235
Shares issued for equity-based payment arrangements (shares)			141,071
Tax withholding related to share based compensation				(13,972)
Shares issued for Employee Stock Purchase Plan (value)			$ 1	9,039
Shares issued for Employee Stock Purchase Plan (shares)			76,393
Stock-based compensation expense (value)				12,589
NET INCOME	$ 271,885				271,885
Dividends					(118,745)
Purchase of treasury shares						(54,864)
Balance, end of year (value) at Jun. 30, 2019	$ 1,429,013		$ 1,035	$ 472,029	$ 2,066,073	$ (1,110,124)
Shares, end of year at Jun. 30, 2019			103,496,026
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared per share	$ 1.54
Preferred Shares		0

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income	$ 271,885	$ 365,034	$ 229,561
Adjustments to reconcile net income to net cash from operating activities:
Depreciation	47,378	47,975	49,677
Amortization	113,255	104,011	90,109
Change in deferred income taxes	7,604	(74,884)	21,187
Expense for stock-based compensation	12,589	11,758	11,129
(Gain)/loss on disposal of assets and businesses	161	(954)	4,771
Changes in operating assets and liabilities:
Change in receivables	(11,777)	21,489	(33,096)
Change in prepaid expenses, deferred costs and other	(62,165)	(82,663)	(24,992)
Change in accounts payable	(7,526)	6,922	(7,812)
Change in accrued expenses	31,889	7,091	(11,966)
Change in income taxes	4,179	5,108	(6,444)
Change in deferred revenues	23,656	1,255	35,198
Net cash from operating activities	431,128	412,142	357,322
CASH FLOWS FROM INVESTING ACTIVITIES:
Payment for acquisitions, net of cash acquired	(19,981)	(137,562)	0
Capital expenditures	(53,598)	(40,135)	(41,947)
Proceeds from the sale of businesses	0	350	5,632
Proceeds from the sale of assets	127	306	968
Customer contracts acquired	(20)	0	0
Purchased software	(6,049)	(13,138)	(16,608)
Computer software developed	(111,114)	(96,647)	(89,631)
Purchase of investments	0	(5,000)	0
Net cash from investing activities	(190,635)	(291,826)	(141,586)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings on credit facilities	35,000	125,000	80,000
Repayments on credit facilities	(35,000)	(175,000)	(30,200)
Purchase of treasury stock	(54,864)	(48,986)	(130,140)
Dividends paid	(118,745)	(105,021)	(91,707)
Proceeds from issuance of common stock upon exercise of stock options	237	176	1
Tax withholding payments related to share based compensation	(13,973)	(7,333)	(5,480)
Proceeds from sale of common stock	9,040	7,523	6,245
Net cash from financing activities	(178,305)	(203,641)	(171,281)
NET CHANGE IN CASH AND CASH EQUIVALENTS	62,188	(83,325)	44,455
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	31,440	114,765	70,310
CASH AND CASH EQUIVALENTS, END OF PERIOD	$ 93,628	$ 31,440	$ 114,765

Nature of Operations and Summary of Significant Accounting Policies (Text Block)

12 Months Ended

Jun. 30, 2019

Nature of Operations and Summary of Significant Accounting Policies [Abstract]

Nature of Operations and Summary of Significant Accounting Policies [Text Block]

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

DESCRIPTION OF THE COMPANY

Jack Henry & Associates, Inc. and subsidiaries (“JHA” or the “Company”) is a provider of integrated computer systems and services that has developed and acquired a number of banking and credit union software systems. The Company's revenues are predominately earned by marketing those systems to financial institutions nationwide together with computer equipment (hardware), by providing the conversion and implementation services for financial institutions to utilize JHA systems, and by providing other related services. JHA also provides continuing support and services to customers using in-house or outsourced systems.

CONSOLIDATION

The consolidated financial statements include the accounts of JHA and all of its subsidiaries, which are wholly-owned, and all intercompany accounts and transactions have been eliminated.

USE OF ESTIMATES

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

PRIOR PERIOD RECLASSIFICATION

The prior year periods have been recast to reflect the Company's retrospective adoption of Accounting Standards Update ("ASU") 2014-09, Revenue from Contracts with Customers, and related amendments, collectively referred to as Accounting Standards Codification ("ASC") 606.

We also recorded a prior period re-classification of $1,300 to a new assets held for sale caption as of June 30, 2018. These assets were previously recorded under Property and Equipment, net.

PRIOR PERIOD MISCLASSIFICATION

In connection with the preparation of the Company’s 2019 annual financial statements, the Company identified an immaterial prior period misclassification which overstated accounts payable by $4,150, overstated deferred costs by $4,078, and overstated prepaid expenses and other by $72. The Company has corrected for this misclassification in the accompanying Consolidated Balance Sheet by revising the fiscal 2018 balances.

REVENUE RECOGNITION

The Company generates "Services and Support" revenue through software licensing and related services, outsourcing core & complementary software solutions, professional services, and hardware sales. The Company generates "Processing" revenue through processing of remittance transactions, card transactions and monthly fees, and digital transactions.

Significant Judgments in Application of the Guidance

Identification of Performance Obligations

The Company enters into contracts with customers that may include multiple types of goods and services. At contract inception, the Company assesses the solutions and services promised in its contracts with customers and identifies a performance obligation for each promise to transfer to the customer a solution or service (or bundle of solutions or services) that is distinct - that is, if the solution or service is separately identifiable from other items in the arrangement and if the customer can benefit from the solution or service on its own or together with other resources that are readily available. Significant judgment is used in the identification and accounting for all performance obligations. The Company recognizes revenue when or as it satisfies each performance obligation by transferring control of a solution or service to the customer.

Determination of Transaction Price

The amount of revenue recognized is based on the consideration the Company expects to receive in exchange for transferring goods and services to the customer. The Company’s contracts with its customers frequently contain some component of variable consideration. The Company estimates variable consideration in its contracts primarily using the expected value method, based on both historical and current information. Where appropriate, the Company may constrain the estimated variable consideration included in the transaction price in the event of a high degree of uncertainty as to the final consideration amount. Significant judgment is used in the estimate of variable consideration of customer contracts that are long-term and include uncertain transactional volumes.

Taxes collected from customers and remitted to governmental authorities are not included in revenue. The Company includes reimbursements from customers for expenses incurred in providing services (such as for postage, travel and telecommunications costs) in revenue, while the related costs are included in cost of revenue.

Technology or service components from third parties are frequently included in or combined with the Company’s applications or service offerings. Whether the Company recognizes revenue based on the gross amount billed to the customer or the net amount retained involves judgment in determining whether the Company controls the good or service before it is transferred to the customer. This assessment is made at the performance obligation level.

Allocation of Transaction Price

The transaction price, once determined, is allocated between the various performance obligations in the contract based upon their relative standalone selling prices. The standalone selling prices are determined based on the prices at which the Company separately sells each good or service. For items that are not sold separately, the Company estimates the standalone selling prices using all information that is reasonably available, including reference to historical pricing data.

The following describes the nature of the Company’s primary types of revenue:

Processing

Processing revenue is generated from transaction-based fees for electronic deposit and payment services, electronic funds transfers and debit and credit card processing. The Company’s arrangements for these services typically require the Company to “stand-ready” to provide specific services on a when and if needed basis by processing an unspecified number of transactions over the contractual term. The fees for these services may be fixed or variable (based upon performing an unspecified quantity of services), and pricing may include tiered pricing structures. Amounts of revenue allocated to these services are recognized as those services are performed. Customers are typically billed monthly for transactions processed during the month. The Company evaluates tiered pricing to determine if a material right exists. If, after that evaluation, it determines a material right does exist, it assigns value to the material right based upon standalone selling price after estimation of breakage associated with the material right.

Outsourcing and Cloud

Outsourcing and cloud revenue is generated from data and item processing services and hosting fees. The Company’s arrangements for these services typically require the Company to “stand-ready” to provide specific services on a when and if needed basis. The fees for these services may be fixed or variable (based upon performing an unspecified quantity of services), and pricing may include tiered pricing structures. Amounts of revenue allocated to these services are recognized as those services are performed. Data and item processing services are typically billed monthly. The Company evaluates tiered pricing to determine if a material right exists. If, after that evaluation, it determines a material right does exist, it assigns value to the material right based upon standalone selling price.

Product Delivery and Services

Product delivery and services revenue is generated primarily from software licensing and related professional services and hardware delivery. Software licenses, along with any professional services from which they are not considered distinct, are recognized as they are delivered to the customer. Hardware revenue is recognized upon delivery. Professional services that are distinct are recognized as the services are performed. Deconversion fees are also included within product delivery and services, and are considered a contract modification. Therefore, the Company recognizes these fees over the remaining modified contract term.

In-House Support

In-house support revenue is generated from software maintenance for ongoing client support and software usage, which includes a license and ongoing client support. The Company’s arrangements for these services typically require the Company to “stand-ready” to provide specific services on a when and if needed basis. The fees for these services may be fixed or variable (based upon performing an unspecified quantity of services). Software maintenance fees are typically billed to the customer annually in advance and recognized ratably over the maintenance term. Software usage is typically billed annually in advance, with the license delivered and recognized at the outset, and the maintenance fee recognized ratably over the maintenance term. Accordingly, the Company utilizes the practical expedient which allows entities to disregard the effects of a financing component when the contract period is one year or less.

Disaggregation of Revenue

The tables below present the Company's revenue disaggregated by type of revenue. Refer to Note 13, Reportable Segment Information, for disaggregated revenue by type and reportable segment. The majority of the Company’s revenue is earned domestically, with revenue from customers outside the United States comprising less than 1% of total revenue.



	Year Ended June 30,
	2019		2018		2017
Processing	$	594,202	$	550,058	$	506,555

Outsourcing & Cloud	405,359		361,922		327,738
Product Delivery & Services	231,982		251,743		256,794
In-House Support	321,148		307,074		297,203
Services & Support	958,489		920,739		$	881,735

Total Revenue	$	1,552,691	$	1,470,797	$	1,388,290

Contract Balances

The following table provides information about contract assets and contract liabilities from contracts with customers.



	June 30, 2019		June 30, 2018
Receivables, net	$	310,080	$	297,271
Contract Assets- Current	21,446		14,063
Contract Assets- Non-current	50,640		35,630
Contract Liabilities (Deferred Revenue)- Current	339,752		328,931
Contract Liabilities (Deferred Revenue)- Non-current	54,554		40,984

Contract assets primarily result from revenue being recognized when or as control of a solution or service is transferred to the customer, but where invoicing is delayed until the completion of other performance obligations or payment terms differ from the provisioning of services. The current portion of contract assets is reported within prepaid expenses and other in the consolidated balance sheet, and the non-current portion is included in other non-current assets. Contract liabilities (deferred revenue) primarily relate to consideration received from customers in advance of delivery of the related goods and services to the customer. Contract balances are reported in a net contract asset or liability position on a contract-by-contract basis at the end of each reporting period.

The Company analyzes contract language to identify if a significant financing component does exist, and would adjust the transaction price for any material effects of the time value of money if the timing of payments provides either party to the contract with a significant benefit of financing the transaction.

During the fiscal years ended June 30, 2019, 2018, and 2017, the Company recognized revenue of $265,946, $269,593, and $264,517, respectively, that was included in the corresponding deferred revenue balance at the beginning of the periods.

Revenue recognized that related to performance obligations satisfied (or partially satisfied) in prior periods were immaterial for each period presented. These adjustments are primarily the result of transaction price adjustments and re-allocations due to changes in estimates of variable consideration.

Transaction Price Allocated to Remaining Performance Obligations

As of June 30, 2019, estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) at the end of the reporting period totaled $3,640,955. The Company expects to recognize approximately 30% over the next 12 months and 18% in 13-24 months, and the balance thereafter.

Contract Costs

The Company incurs incremental costs to obtain a contract as well as costs to fulfill contracts with customers that are expected to be recovered. These costs consist primarily of sales commissions, which are incurred only if a contract is obtained, and customer conversion or implementation-related costs. Capitalized costs are amortized based on the transfer of goods or services to which the asset relates, in line with the percentage of revenue recognized for each performance obligation to which the costs are allocated.

Capitalized costs totaled $231,273 and $176,954 at June 30, 2019 and 2018, respectively.

For the fiscal years ended June 30, 2019, 2018, and, 2017 amortization of deferred contract costs totaled $110,894, $94,337, and $88,064, respectively. There were no impairment losses in relation to capitalized costs for the periods presented.

COMPUTER SOFTWARE DEVELOPMENT

The Company capitalizes new product development costs incurred for software to be sold from the point at which technological feasibility has been established through the point at which the product is ready for general availability. Software development costs that are capitalized are evaluated on a product-by-product basis annually and are assigned an estimated economic life based on the type of product, market characteristics, and maturity of the market for that particular product. These costs are amortized based on current and estimated future revenue from the product or on a straight-line basis, whichever yields greater amortization expense. All of this amortization expense is included within components of operating income, primarily cost of revenue.

The Company capitalizes development costs for internal use software beginning at the start of application development. Amortization begins on the date the software is placed in service and the amortization period is based on estimated useful life.

CASH EQUIVALENTS

The Company considers all highly liquid investments with maturities of three months or less at the time of acquisition to be cash equivalents.

ACCOUNTS RECEIVABLE

Receivables are recorded at the time of billing. A reasonable estimate of the realizability of customer receivables is made through the establishment of an allowance for doubtful accounts, which is estimated based on a combination of write-off history, aging analysis, and any specifically known collection issues.

PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS

Property and equipment is stated at cost and depreciated using the straight-line method over the estimated useful lives of the assets.

Intangible assets consist of goodwill, customer relationships, computer software, and trade names acquired in business acquisitions in addition to internally developed computer software. The amounts are amortized, with the exception of those with an indefinite life (goodwill), over an estimated economic benefit period, generally three to twenty years.

The Company reviews its long-lived assets and identifiable intangible assets with finite lives for impairment whenever events or changes in circumstances have indicated that the carrying amount of its assets might not be recoverable. The Company evaluates goodwill for impairment of value on an annual basis as of January 1 and between annual tests if events or changes in circumstances indicate that the asset might be impaired.

PURCHASE OF INVESTMENT

In the third quarter of fiscal 2018, the Company made an investment totaling $5,000 for the purchase of preferred stock of Automated Bookkeeping, Inc ("Autobooks"), representing a non-controlling share of the voting equity of Autobooks as of that date. This investment was recorded at cost and is included within other non-current assets on the Company's balance sheet. The fair value of this investment has not been estimated, as estimation is not practicable. There have been no events or changes in circumstances that would indicate an impairment and no price changes resulting from observing a similar or identical investment. An impairment and/or an observable price change would be an adjustment to recorded cost. Fair value will not be estimated unless there are identified events or changes in circumstances that may have a significant adverse effect on the fair value of the investment.

COMPREHENSIVE INCOME

Comprehensive income for each of the fiscal years ending June 30, 2019, 2018, and 2017 equals the Company’s net income.

REPORTABLE SEGMENT INFORMATION

In accordance with U.S. GAAP, the Company's operations are classified as four reportable segments: Core, Payments, Complementary, and Corporate and Other (see Note 13). Substantially all the Company’s revenues are derived from operations and assets located within the United States of America.

COMMON STOCK

The Board of Directors has authorized the Company to repurchase shares of its common stock. Under this authorization, the Company may finance its share repurchases with available cash reserves or short-term borrowings on its existing credit facilities. The share repurchase program does not include specific price targets or timetables and may be suspended at any time. At June 30, 2019, there were 26,508 shares in treasury stock and the Company had the remaining authority to repurchase up to 3,483 additional shares. The total cost of treasury shares at June 30, 2019 is $1,110,124. During fiscal 2019, the Company repurchased 400 treasury shares for $54,864. At June 30, 2018, there were 26,108 shares in treasury stock and the Company had authority to repurchase up to 3,883 additional shares.

EARNINGS PER SHARE

Per share information is based on the weighted average number of common shares outstanding during the year. Stock options and restricted stock have been included in the calculation of income per diluted share to the extent they are dilutive. The difference between basic and diluted weighted average shares outstanding is the dilutive effect of outstanding stock options and restricted stock (see Note 10).

INCOME TAXES

Deferred tax liabilities and assets are recognized for the tax effects of differences between the financial statement and tax bases of assets and liabilities. A valuation allowance would be established to reduce deferred tax assets if it is more likely than not that a deferred tax asset will not be realized.

The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based upon the technical merits of the position. The tax benefit recognized in the financial statements from such a position is measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. Also, interest and penalties expense are recognized on the full amount of deferred benefits for uncertain tax positions. The Company's policy is to include interest and penalties related to unrecognized tax benefits in income tax expense.

Recent Accounting Pronouncements

RECENT ACCOUNTING PRONOUNCEMENTS

Recently Adopted Accounting Guidance

The Financial Accounting Standards Board (“FASB”) issued ASU No. 2014-09, Revenue from Contracts with Customers, in May 2014. This standard (and related amendments collectively referred to as “ASC 606”) is part of an effort to create a common revenue standard for U.S. GAAP and International Financial Reporting Standards (“IFRS”). The new standard has superseded much of the authoritative literature for revenue recognition. The new model enacts a five-step process for achieving the core principle, which is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard was effective for the Company on July 1, 2018. Entities are allowed to transition to the new standard by either recasting prior periods (full retrospective) or recognizing the cumulative effect as of the beginning of the period of adoption (modified retrospective).

The Company adopted the new standard using the full retrospective transition approach, using certain practical expedients. The Company has not disclosed the amount of transaction price allocated to remaining performance obligations for reporting periods presented before the date of initial application. Also, the Company did not separately consider the effects of contract modifications that occurred before the beginning of the earliest reporting period presented, but reflects the aggregate effect of all modifications that occurred before the beginning of the earliest period presented. As a result, all fiscal 2018 and fiscal 2017 financial information has been adjusted for the effects of applying ASC 606. The details of the significant changes are disclosed below:

Software Revenue Recognition

The Company previously recognized software license and related services within the scope of ASC Topic 985-605, which required the establishment of vendor-specific objective evidence (“VSOE”) of fair value in order to separately recognize revenue for each software-related good or service. Due to the inability to establish VSOE, the Company had previously deferred all revenue on software-related goods and services on a master contract until all the goods and services had been delivered. Under ASC 606, VSOE is no longer required for separation of otherwise distinct performance obligations within a revenue arrangement. This change has resulted in earlier recognition of revenue for the Company’s software-related goods and services, leading to a decrease in deferred revenue balances within its adjusted consolidated balance sheets.

Impacts on Financial Statements

The following tables summarize the impacts of ASC 606 adoption on the Company’s Consolidated Financial Statements:

Consolidated Balance Sheet as of June 30, 2018:



	As Previously Reported (Adjusted)*			Adjustments			As Adjusted
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	31,440		$	—		$	31,440
Receivables, net	291,630			5,641			297,271
Income tax receivable	21,671			—			21,671
Prepaid expenses and other*	84,738			11,331			96,069
Deferred costs*	34,907			(11,916		)	22,991
Assets held for sale*	1,300			—			1,300
Total current assets	465,686			5,056			470,742
PROPERTY AND EQUIPMENT, net*	285,550			—			285,550
OTHER ASSETS:
Non-current deferred costs	95,540			(20,675		)	74,865
Computer software, net of amortization	288,172			—			288,172
Other non-current assets	107,775			2,524			110,299
Customer relationships, net of amortization	115,034			—			115,034
Other intangible assets, net of amortization	38,467			—			38,467
Goodwill	649,929			—			649,929
Total other assets	1,294,917			(18,151		)	1,276,766
Total assets	$	2,046,153		$	(13,095	)	$	2,033,058
LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable*	$	30,360		$	—		$	30,360
Accrued expenses	97,848			(9,084		)	88,764
Deferred revenues	355,538			(26,607		)	328,931
Total current liabilities	483,746			(35,691		)	448,055
LONG-TERM LIABILITIES:
Non-current deferred revenues	93,094			(52,110		)	40,984
Non-current deferred income tax liability	189,613			18,690			208,303
Other long-term liabilities	12,872			—			12,872
Total long-term liabilities	295,579			(33,420		)	262,159
Total liabilities	779,325			(69,111		)	710,214
STOCKHOLDERS' EQUITY
Preferred stock - $1 par value; 500,000 shares authorized, none issued	—			—			—
Common stock - $0.01 par value; 250,000,000 shares authorized; 103,278,562 shares issued at June 30, 2018	1,033			—			1,033
Additional paid-in capital	464,138			—			464,138
Retained earnings	1,856,917			56,016			1,912,933
Less treasury stock at cost 26,107,903 shares at June 30, 2018	(1,055,260		)	—			(1,055,260		)
Total stockholders' equity	1,266,828			56,016			1,322,844
Total liabilities and equity	$	2,046,153		$	(13,095	)	$	2,033,058

*Adjusted for reclassifications and corrections not related to ASC 606 adoption. See comments under "Prior Period Reclassification" and "Prior Period Misclassification" headings in this Note 1 to the Consolidated Financial Statements.

Consolidated Statements of Income for the fiscal years ended ended June 30, 2018 and June 30, 2017:



	Year Ended June 30, 2018									Year Ended June 30, 2017
	As Previously Reported			Adjustments			As Adjusted			As Previously Reported			Adjustments			As Adjusted
REVENUE	$	1,536,603		$	(65,806	)	$	1,470,797		$	1,431,117		$	(42,827	)	$	1,388,290

EXPENSES
Cost of Revenue	873,642			(20,504		)	853,138			819,034			(13,179		)	805,855
Research and Development	90,340			—			90,340			84,753			—			84,753
Selling, General, and Administrative	182,146			(10,436		)	171,710			162,898			(3,663		)	159,235
Gain on Disposal of a Business	(1,894		)	—			(1,894		)	(3,270		)	—			(3,270		)
Total Expenses	1,144,234			(30,940		)	1,113,294			1,063,415			(16,842		)	1,046,573

OPERATING INCOME	392,369			(34,866		)	357,503			367,702			(25,985		)	341,717

INTEREST INCOME (EXPENSE)
Interest Income	575			—			575			248			—			248
Interest Expense	(1,920		)	—			(1,920		)	(996		)	—			(996		)
Total Interest Income (Expense)	(1,345		)	—			(1,345		)	(748		)	—			(748		)

INCOME BEFORE INCOME TAXES	391,024			(34,866		)	356,158			366,954			(25,985		)	340,969

PROVISION/ (BENEFIT) FOR INCOME TAXES	14,364			(23,240		)	(8,876		)	121,161			(9,753		)	111,408

NET INCOME	$	376,660		$	(11,626	)	$	365,034		$	245,793		$	(16,232	)	$	229,561

Basic earnings per share	$	4.88					$	4.73		$	3.16					$	2.95
Basic weighted average shares outstanding	77,252						77,252			77,856						77,856

Diluted earnings per share	$	4.85					$	4.70		$	3.14					$	2.93
Diluted weighted average shares outstanding	77,585						77,585			78,255						78,255

Consolidated Statement of Cash Flows for the fiscal years ended June 30, 2018 and June 30, 2017:



	Year Ended June 30, 2018									Year Ended June 30, 2017
	As Previously Reported*			Adjustments			As Adjusted			As Previously Reported			Adjustments			As Adjusted
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income	$	376,660		$	(11,626	)	$	365,034		$	245,793		$	(16,232	)	$	229,561
Adjustments to reconcile net income from operations to net cash from operating activities:
Depreciation	47,975			—			47,975			49,677			—			49,677
Amortization	104,011			—			104,011			90,109			—			90,109
Change in deferred income taxes	(51,644		)	(23,240		)	(74,884		)	30,940			(9,753		)	21,187
Expense for stock-based compensation	11,758			—			11,758			11,129			—			11,129
(Gain)/loss on disposal of assets and businesses	(954		)	—			(954		)	4,771			—			4,771
Changes in operating assets and liabilities:
Change in receivables	(9,219		)	30,708			21,489			(22,499		)	(10,597		)	(33,096		)
Change in prepaid expenses, deferred costs and other*	(24,304		)	(58,359		)	(82,663		)	(25,088		)	96			(24,992		)
Change in accounts payable*	6,922			—			6,922			(7,812		)	—			(7,812		)
Change in accrued expenses	9,091			(2,000		)	7,091			(4,454		)	(7,512		)	(11,966		)
Change in income taxes	5,108			—			5,108			(6,444		)	—			(6,444		)
Change in deferred revenues	(63,262		)	64,517			1,255			(8,800		)	43,998			35,198
Net cash from operating activities	412,142			—			412,142			357,322			—			357,322

CASH FLOWS FROM INVESTING ACTIVITIES:
Payment for acquisitions, net of cash acquired	(137,562		)	—			(137,562		)	—			—			—
Capital expenditures	(40,135		)	—			(40,135		)	(41,947		)	—			(41,947		)
Proceeds from the sale of businesses	350			—			350			5,632			—			5,632
Proceeds from the sale of assets	306			—			306			968			—			968
Purchased software	(13,138		)	—			(13,138		)	(16,608		)	—			(16,608		)
Computer software developed	(96,647		)	—			(96,647		)	(89,631		)	—			(89,631		)
Purchase of investments	(5,000		)	—			(5,000		)	—			—			—
Net cash from investing activities	(291,826		)	—			(291,826		)	(141,586		)	—			(141,586		)

CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings on credit facilities	125,000			—			125,000			80,000			—			80,000
Repayments on credit facilities	(175,000		)	—			(175,000		)	(30,200		)	—			(30,200		)
Purchase of treasury stock	(48,986		)	—			(48,986		)	(130,140		)	—			(130,140		)
Dividends paid	(105,021		)	—			(105,021		)	(91,707		)	—			(91,707		)
Proceeds from issuance of common stock upon exercise of stock options	176			—			176			1			—			1
Tax withholding payments related to share based compensation	(7,333		)	—			(7,333		)	(5,480		)	—			(5,480		)
Proceeds from sale of common stock	7,523			—			7,523			6,245			—			6,245
Net cash from financing activities	(203,641		)	—			(203,641		)	(171,281		)	—			(171,281		)
NET CHANGE IN CASH AND CASH EQUIVALENTS	$	(83,325	)	$	—		$	(83,325	)	$	44,455		$	—		$	44,455
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	$	114,765		$	—		$	114,765		$	70,310		$	—		$	70,310
CASH AND CASH EQUIVALENTS, END OF PERIOD	$	31,440		$	—		$	31,440		$	114,765		$	—		$	114,765
*Adjusted for reclassifications and corrections not related to ASC 606 adoption. See comments under "Prior Period Reclassification" and "Prior Period Misclassification" headings in this Note 1 to the Consolidated Financial Statements.

ASU 2016-15 issued by the FASB in August 2016 clarifies cash flow classification of eight specific cash flow issues and was effective for the Company's annual reporting period beginning July 1, 2018. The adoption of this standard did not have any impact on its financial statements.

Recent Accounting Pronouncements Not Yet Adopted [Text Block]

Not Yet Adopted

The FASB issued ASU No. 2016-02, Leases, in February 2016. This ASU aims to increase transparency and comparability among organizations by recognizing lease assets and liabilities on the balance sheet and requiring disclosure of key information regarding leasing arrangements to enable users of financial statements to assess the amount, timing, and uncertainty of cash flows arising from leases. Specifically, the standard requires operating lease commitments to be recorded on the balance sheet as operating lease liabilities and right-of-use assets, and the cost of those operating leases to be amortized on a straight-line basis. ASU No. 2016-02 will be effective for JHA's annual reporting period beginning July 1, 2019. The Company established a cross-functional team to implement this standard and evaluated arrangements that would be subject to the standard, implemented software to meet the reporting and disclosure requirements of the standard, and assessed the impact of the standard on its processes and internal controls. The Company will adopt the new standard using the optional transition method in ASU 2018-11. Under this method, the Company will not adjust its comparative period financial statements for the effects of the new standard or make the new, expanded required disclosures for periods prior to the effective date. The Company will recognize a cumulative-effect adjustment, as necessary, to the opening balance of retained earnings for fiscal 2020 in connection with the adoption of the standard.

The Company will take advantage of the transition package of practical expedients permitted within the new standard, which among other things, allows it to carryforward the historical lease classification. In addition, the Company will make an accounting policy election that will keep leases with an initial term of twelve months or less off of the balance sheet. The Company also elected the practical expedient not to separate the non-lease components of a contract from the lease component to which they relate.

Upon adoption of the standard, the Company will record right-of-use assets of approximately $70,000 to $73,000 and lease obligations of approximately $73,000 to $75,000 on the Company's balance sheet as of July 1, 2019. Adoption of the standard is not expected to significantly impact the Company's net income and is not expected to have a material impact on the Company's compliance with the financial covenants under its credit facility.

In August of 2018, the FASB issued ASU No. 2018-15, Intangibles, Goodwill and Other - Internal-Use Software (Subtopic 350-40), which broadens the scope of Subtopic 350-40 to include costs incurred to implement a hosting arrangement that is a service contract. The costs are capitalized or expensed depending on the nature of the costs and the project stage during which they are incurred, consistent with costs for internal-use software. The amendments in this update can be applied either retrospectively or prospectively to all implementation costs incurred after the date of adoption. The ASU will be effective for the Company on July 1, 2020, with early adoption permitted. The Company is currently evaluating the impact that the guidance will have on its financial statements.

Fair Value of Financial Instruments (Text Block)

12 Months Ended

Jun. 30, 2019

Fair Value Disclosures [Abstract]

Fair Value of Financial Instruments

FAIR VALUE OF FINANCIAL INSTRUMENTS

For cash equivalents, amounts receivable or payable and short-term borrowings, fair values approximate carrying value, based on the short-term nature of the assets and liabilities.

The Company's estimates of the fair value for financial assets and financial liabilities are based on the framework established in the fair value accounting guidance. The framework is based on the inputs used in valuation, gives the highest priority to quoted prices in active markets, and requires that observable inputs be used in the valuations when available. The three levels of the hierarchy are as follows:

Level 1: inputs to the valuation are quoted prices in an active market for identical assets

Level 2: inputs to the valuation include quoted prices for similar assets in active markets that are observable either directly or indirectly

Level 3: valuation is based on significant inputs that are unobservable in the market and the Company's own estimates of assumptions that it believes market participants would use in pricing the asset

Fair value of financial assets, included in cash and cash equivalents, and financial liabilities is as follows:



	Estimated Fair Value Measurements						Total Fair
Recurring Fair Value Measurements	Level 1		Level 2		Level 3		Value
June 30, 2019
Financial Assets:
Money market funds	$	81,945	$	—	$	—	$	81,945
June 30, 2018
Financial Assets:
Money market funds	$	14,918	$	—	$	—	$	14,918



Non-Recurring Fair Value Measurements
June 30, 2019
Long-lived assets held for sale	$	—	$	1,300	$	—	$	1,300
June 30, 2018
Long-lived assets held for sale ^(a)	$	—	$	1,300	$	—	$	1,300

^(a) In accordance with ASC Subtopic 360-10, long-lived assets held for sale with a carrying value of $4,575 were written down to their fair value of $1,300, resulting in an impairment totaling $3,275, which was included in earnings for the fiscal year ended June 30, 2017. The Company has entered into an agreement to sell these assets. That sale is expected to be completed during the second quarter of fiscal 2020.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Property and Equipment (Text Block)

12 Months Ended

Jun. 30, 2019

Property, Plant and Equipment [Abstract]

Property and Equipment [Text Block]

PROPERTY AND EQUIPMENT

The classification of property and equipment, together with their estimated useful lives is as follows:



	June 30,
	2019		2018		Estimated Useful Life
Land⁽¹⁾	$	23,243	$	24,845
Land improvements ⁽¹⁾	25,209		25,383		5 - 20 years
Buildings ⁽¹⁾	147,220		143,918		20 - 30 years
Leasehold improvements	48,478		48,060		5 - 30 years	⁽²⁾
Equipment and furniture	365,101		328,864		3 - 10 years
Aircraft and equipment	39,293		38,761		4 - 10 years
Construction in progress	12,411		39,872
	660,955		649,703
Less accumulated depreciation	388,481		364,153
Property and equipment, net	$	272,474	$	285,550

⁽¹⁾ Excludes assets held for sale

⁽²⁾Lesser of lease term or estimated useful life

The change in property and equipment in accrued liabilities was $14,315 and $15,674 for the fiscal years ended June 30, 2019 and 2018, respectively. These amounts were excluded from capital expenditures on the statements of cash flows.

No impairments of property and equipment were recorded in fiscal 2019 or 2018.

During the third quarter of fiscal 2019, the Company received an unsolicited offer to purchase its Houston, TX, facility. At June 30, 2019, the facility included assets with a carrying value of approximately $5,055. Although management has not committed to the sale, a sale of the facility during fiscal 2020 is likely and the Company expects to record a gain on the sale upon closing, since the offer represents full appraisal value for the facility. Therefore, the assets are considered held for sale at June 30, 2019. Also held for sale at June 30, 2019, was the Company's Elizabethtown, KY facility. During the third quarter of fiscal 2018, the Company reached a definitive agreement to sell the property for $1,300 pending an expected closing date during the second quarter of fiscal 2020. An impairment loss was recorded on this facility during fiscal 2017 as disclosed in Note 2 to the Company's consolidated financial statements. Total assets held for sale by the Company at June 30, 2019 and 2018 were $6,355 and $1,300, respectively, and were included in assets held for sale on the Company's consolidated balance sheet for each year. Those balances are not included on the above table.

Other Assets (Text Block)

12 Months Ended

Jun. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Other Assets Disclosure [Text Block]

OTHER ASSETS

Goodwill

The carrying amount of goodwill for the fiscal years ended June 30, 2019 and 2018, by reportable segments, is as follows:



	June 30,
Core	2019		2018
Beginning balance	$	195,956	$	195,956
Goodwill, acquired during the year	4,000		—
Goodwill, adjustments related to dispositions	—		—
Ending balance	$	199,956	$	195,956

Payments
Beginning balance	$	325,204	$	234,106
Goodwill, acquired during the year	122		91,098
Goodwill, adjustments related to dispositions	—		—
Ending balance	$	325,326	$	325,204

Complementary
Beginning balance	$	128,769	$	122,403
Goodwill, acquired during the year	12,893		6,499
Goodwill, adjustments related to dispositions	—		(133		)
Ending balance	$	141,662	$	128,769

Goodwill acquired during fiscal 2019 totaled $17,015, with $12,893 of that resulting from the purchase of BOLTS Technologies, Inc., $3,999 resulting from the purchase of Agiletics, Inc., and the remainder resulting from a measurement period adjustment on the Ensenta valuation. The goodwill arising from these acquisitions consists largely of the growth potential, synergies and economies of scale expected from combining the operations of the Company with those of BOLTS Technologies and Agiletics, together with the value of their assembled workforces. No goodwill was assigned to the Company's Corporate and Other reportable segment.

Goodwill acquired during fiscal 2018 totaled $97,597, with $91,098 of that resulting from the purchase of Ensenta Corporation, included in the Payments segment. The remaining $6,499 of goodwill acquired during fiscal 2018 resulted from the purchase of Vanguard Software Group, which was added to the Company's Complementary segment. The goodwill arising from these acquisitions consists largely of the growth potential, synergies and economies of scale expected from combining the operations of the Company with those of Ensenta and Vanguard, together with the value of their assembled workforces. No goodwill was assigned to the Company's Corporate and Other reportable segment.

The Goodwill reduction during fiscal 2018 was a result of the Company's sale of jhaDirect product line in the first quarter. Goodwill allocated to the carrying amount of the net assets sold was calculated based on the relative fair values of the business disposed and the portion of the reporting unit that was retained.

Other Intangible Assets

Information regarding other identifiable intangible assets is as follows:



	June 30, 2019
	Gross Carrying Amount		Accumulated Amortization			Net
Customer relationships	$	305,512	$	(204,859	)	$	100,653
Computer software	$	759,671	$	(440,702	)	$	318,969
Other intangible assets:	$	93,471	$	(61,957	)	$	31,514

	June 30, 2018
	Gross Carrying Amount		Accumulated Amortization			Net
Customer relationships	$	302,727	$	(187,693	)	$	115,034
Computer software	$	653,407	$	(365,235	)	$	288,172
Other intangible assets:	$	88,017	$	(49,550	)	$	38,467

Customer relationships have useful lives ranging from 5 to 20 years.

Computer software includes cost of software to be sold, leased, or marketed of $135,743 and costs of internal-use software of $183,226 at June 30, 2019. At June 30, 2018, costs of software to be sold, leased, or marketed totaled $125,223, and costs of internal-use software totaled $162,949.

Computer software includes the unamortized cost of commercial software products developed or acquired by the Company, which are capitalized and amortized over useful lives generally ranging from 5 to 15 years. Amortization expense for computer software totaled $82,605, $72,859, and $60,880 for the fiscal years ended June 30, 2019, 2018, and 2017, respectively. There were no material impairments in any of the fiscal years presented.

The Company's other intangible assets have useful lives ranging from 3 to 20 years.

Amortization expense for all intangible assets was $113,255, $104,011, and $90,109 for the fiscal years ended June 30, 2019, 2018, and 2017, respectively. The estimated aggregate future amortization expense for each of the next five years for all intangible assets remaining as of June 30, 2019, is as follows:



Years Ending June 30,	Computer Software		Customer Relationships		Other Intangible Assets		Total
2020	$	77,020	$	14,665	$	9,186	$	100,871
2021	58,153		12,409		6,345		76,907
2022	42,981		11,260		3,437		57,678
2023	27,454		8,808		1,963		38,225
2024	10,975		7,547		1,315		19,837

Debt (Text Block)	12 Months Ended
Debt (Text Block)	Jun. 30, 2019
Debt Disclosure [Abstract]
Debt [Text Block]	DEBT The Company had no outstanding long-term or short-term debt at June 30, 2019 or June 30, 2018. Revolving credit facility The revolving credit facility provides for borrowings of up to $300,000, which may be increased by the Company at any time until maturity to $600,000. The credit facility bears interest at a variable rate equal to (a) a rate based on LIBOR or (b) an alternate base rate (the highest of (i) the Prime Rate for such day, (ii) the sum of the Federal Funds Effective Rate for such day plus 0.50% and (iii) the Eurocurrency Rate for a one-month Interest Period on such day for dollars plus 1.0%), plus an applicable percentage in each case determined by the Company's leverage ratio. The credit facility is guaranteed by certain subsidiaries of the Company. The credit facility is subject to various financial covenants that require the Company to maintain certain financial ratios as defined in the agreement. As of June 30, 2019, the Company was in compliance with all such covenants. The revolving loan terminates February 20, 2020 and at June 30, 2019 there was no outstanding balance. Prior to termination, the Company plans to renew the current credit facility or replace it with a similar credit facility. Other lines of credit The Company renewed an unsecured bank credit line on May 1, 2019 which provides for funding of up to $5,000 and bears interest at the prime rate less 1.0%. The credit line was renewed through April 30, 2021. At June 30, 2019, no amount was outstanding. Interest The Company paid interest of $691, $1,747, and $767 during the fiscal years ended June 30, 2019, 2018, and 2017, respectively.

Commitments and Contingencies Commitments and Contingencies (Text Block)

12 Months Ended

Jun. 30, 2019

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies [Text Block]

COMMITMENTS AND CONTINGENCIES

Property and Equipment

The Company had an estimated $2,673 and $2,076 of commitments at June 30, 2019 and 2018, respectively, to purchase property and equipment.

Leases

The Company leases certain property under operating leases which expire over the next 11 years, but certain of the leases contain options to extend the lease term. All lease payments are based on the lapse of time but include, in some cases, payments for operating expenses and property taxes. There are no purchase options on real estate leases at this time. Certain leases on real estate are subject to annual escalations for increases in operating expenses and property taxes.

As of June 30, 2019, net future minimum lease payments are as follows:



Years Ending June 30,	Lease Payments
2020	$	15,559
2021	13,539
2022	11,860
2023	10,169
2024	8,835
Thereafter	11,671
Total	$	71,633

Rent expense was $15,196, $10,835, and $10,195 in fiscal 2019, 2018, and 2017, respectively.

Income Taxes (Text Block)

12 Months Ended

Jun. 30, 2019

Income Tax Disclosure [Abstract]

Income Taxes [Text Block]

INCOME TAXES

The provision/ (benefit) for income taxes consists of the following:



	Year Ended June 30,
	2019		2018			2017
Current:
Federal	$	54,800	$	56,060		$	80,752
State	12,946		9,948			9,469
Deferred:
Federal	4,177		(80,509		)	17,017
State	3,427		5,625			4,170
	$	75,350	$	(8,876	)	$	111,408

The tax effects of temporary differences related to deferred taxes shown on the balance sheets were:



	June 30,
	2019			2018
Deferred tax assets:
Contract and service revenues	$	13,450		$	—
Expense reserves (bad debts, insurance, franchise tax and vacation)	14,325			11,164
Net operating loss and tax credit carryforwards	2,713			2,759
Other, net	851			2,711
Total gross deferred tax assets	31,339			16,634
Valuation allowance	(415		)	(515		)
Net deferred tax assets	30,924			16,119

Deferred tax liabilities:
Accelerated tax depreciation	(31,846		)	(32,026		)
Accelerated tax amortization	(154,633		)	(141,274		)
Contract and service revenues	—			(5,067		)
Contract and service costs	(61,455		)	(46,055		)
Total gross deferred liabilities	(247,934		)	(224,422		)

Net deferred tax liability	$	(217,010	)	$	(208,303	)

The following analysis reconciles the statutory federal income tax rate to the effective income tax rates reflected above:



	Year Ended June 30,
	2019		2018		2017
Computed "expected" tax expense	21.0	%	28.1	%	35.0	%
Increase (reduction) in taxes resulting from:
State income taxes, net of federal income tax benefits	3.7	%	2.9	%	2.6	%
Research and development credit	(2.5	)%	(2.0	)%	(2.1	)%
Domestic production activities deduction	—	%	(1.4	)%	(2.3	)%
TCJA deferred tax rate re-measurement	—	%	(30.0	)%	—	%
Tax effects of share-based payments	(1.4	)%	(0.8	)%	(0.8	)%
Other (net)	0.9	%	0.7	%	0.3	%
	21.7	%	(2.5	)%	32.7	%

On December 22, 2017, the Tax Cuts and Jobs Act of 2017 ("TCJA") was enacted into law. The TCJA included numerous provisions that impacted the Company, including reducing the U.S. federal tax rate, eliminating the Domestic Production Activities Deduction, and providing expanded asset expensing. The TCJA reduced the U.S. federal statutory corporate income tax rate from 35% to 21%, effective January 1, 2018. For fiscal 2018, a blended U.S. federal statutory tax rate of approximately 28% applied to the Company.

As of June 30, 2019, the Company has $4,542 of gross federal net operating loss (“NOL”) carryforwards pertaining to the acquisition of Goldleaf Financial Solutions, Inc. and Bolts Technologies, Inc., which are expected to be utilized after the application of IRC Section 382. Separately, as of June 30, 2019, the Company has state NOL carryforwards with a tax-effected value of $651. The federal and state losses have varying expiration dates, ranging from fiscal 2019 to 2037. Based on state tax rules which restrict utilization of these losses, the Company believes it is more likely than not that $415 of these losses will expire unutilized. Accordingly, a valuation allowance of $415 and $515 has been recorded against the state net operating losses as of June 30, 2019 and 2018, respectively.

The Company paid income taxes, net of refunds, of $62,005, $60,382, and $96,074 in fiscal 2019, 2018, and 2017, respectively.

At June 30, 2019, the Company had $10,495 of gross unrecognized tax benefits, $9,892 of which, if recognized, would affect its effective tax rate. At June 30, 2018, the Company had $10,227 of unrecognized tax benefits, $9,366 of which, if recognized, would affect its effective tax rate. The Company had accrued interest and penalties of $1,514 and $1,279 related to uncertain tax positions at June 30, 2019 and 2018, respectively. The income tax provision included interest expense and penalties (or benefits) on unrecognized tax benefits of $128, $165, and $(105) in the fiscal years ended June 30, 2019, 2018, and 2017, respectively.

A reconciliation of the unrecognized tax benefits for the fiscal years ended June 30, 2019 and 2018 follows:



	Unrecognized Tax Benefits
Balance at July 1, 2017	$	5,449
Additions for current year tax positions	2,157
Reductions for current year tax positions	—
Additions for prior year tax positions	3,130
Reductions for prior year tax positions	(55		)
Additions related to business combinations	510
Settlements	(161		)
Reductions related to expirations of statute of limitations	(803		)
Balance at June 30, 2018	10,227
Additions for current year tax positions	1,135
Reductions for current year tax positions	(40		)
Additions for prior year tax positions	562
Reductions for prior year tax positions	(531		)
Additions related to business combinations	43
Settlements	(25		)
Reductions related to expirations of statute of limitations	(876		)
Balance at June 30, 2019	$	10,495

The U.S. federal and state income tax returns for fiscal 2016 and all subsequent years remain subject to examination as of June 30, 2019 under statute of limitations rules. The Company anticipates that potential changes due to lapsing statutes of limitations and examination closures could reduce the unrecognized tax benefits balance by $3,000 - $4,000 within twelve months of June 30, 2019.

Industry and Supplier Concentrations (Text Block)	12 Months Ended
Industry and Supplier Concentrations (Text Block)	Jun. 30, 2019
Risks and Uncertainties [Abstract]
Industry and Supplier Concentrations [Text Block]	INDUSTRY AND SUPPLIER CONCENTRATIONS The Company sells its products to banks, credit unions, and financial institutions throughout the United States and generally does not require collateral. All billings to customers are due 30 days from date of billing. Reserves (which are insignificant at June 30, 2019 and 2018) are maintained for potential credit losses. Customer-related risks are moderated through the inclusion of credit mitigation clauses in the Company's contracts and through the monitoring of timely payments. In addition, some of the Company’s key solutions are dependent on technology manufactured by IBM Corporation and Microsoft. Termination of the Company’s relationship with either IBM or Microsoft could have a negative impact on the operations of the Company.

Stock Based Compensation (Text Block)

12 Months Ended

Jun. 30, 2019

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation [Text Block]

STOCK-BASED COMPENSATION

The Company's pre-tax operating income for the fiscal years ended June 30, 2019, 2018, and 2017 includes $12,589, $11,758, and $11,129 of equity-based compensation costs, respectively, of which $10,828, $10,256, and $9,861 relates to the restricted stock plans, respectively. Costs are recorded net of estimated forfeitures. The income tax benefits from stock option exercises and restricted stock vests totaled $6,191, $3,274, and $2,638 for the fiscal years ended June 30, 2019, 2018, and 2017, respectively.

2015 Equity Incentive Plan and 2005 Non-Qualified Stock Option Plan

On November 10, 2015, the Company adopted the 2015 Equity Incentive Plan ("2015 EIP") for its employees and non-employee directors. The plan allows for grants of stock options, stock appreciation rights, restricted stock shares or units, and performance shares or units. The maximum number of shares authorized for issuance under the plan is 3,000. For stock options, terms and vesting periods of the options were determined by the Compensation Committee of the Board of Directors when granted. The option period must expire not more than ten years from the options grant date. The options granted under this plan are exercisable beginning three years after grant at an exercise price equal to 100% of the fair market value of the stock at the grant date. The options terminate upon surrender of the option, ninety days after termination of employment, upon the expiration of one year following notification of a deceased optionee, or 10 years after grant.

The Company previously issued options to outside directors under the 2005 Non-Qualified Stock Option Plan (“2005 NSOP”). No additional stock options may be issued under this plan.

The 2005 NSOP was adopted by the Company on September 23, 2005, for its outside directors. Generally, options were exercisable beginning 6 months after grant at an exercise price equal to the fair market value of the stock at the grant date. For individuals who have served less than four continuous years, 25% of all options will vest after one year of service, 50% shall vest after two years, and 75% shall vest after three years of service on the Board. The options terminate upon surrender of the option, upon the expiration of one year following notification of a deceased optionee, or 10 years after grant. 700 shares of common stock were reserved for issuance under this plan with a maximum of 100 for each director.

A summary of option plan activity under the plans is as follows:



	Number of Shares		Weighted Average Exercise Price		Aggregate Intrinsic Value
Outstanding July 1, 2016	50		$	22.14
Granted	32		87.27
Forfeited	—		—
Exercised	(10	)	28.52
Outstanding July 1, 2017	72		50.04
Granted	—		—
Forfeited	—		—
Exercised	(20	)	17.45
Outstanding July 1, 2018	52		62.65
Granted	—		—
Forfeited	—		—
Exercised	(20	)	23.65
Outstanding June 30, 2019	32		$	87.27	$	1,478
Vested and Expected to Vest June 30, 2019	32		$	87.27	$	1,478
Exercisable June 30, 2019	—		$	—	$	—

There were no options granted in fiscal 2019, no options granted during fiscal 2018, and 32 options granted during fiscal 2017. The weighted-average fair value at the grant date of options granted during fiscal 2017 was $15.78.

The Company utilized a Black-Scholes option pricing model to estimate fair value of the stock option grants at the grant date. All 32 options granted during fiscal 2017 were granted on July 1, 2016. Assumptions such as expected life, volatility, risk-free interest rate, and dividend yield impact the fair value estimate. These assumptions are subjective and generally require significant analysis and judgment to develop. The risk-free interest rate used in the Company's estimate was determined from external data, while volatility, expected life, and dividend yield assumptions were derived from its historical experience with share-based payment arrangements. The appropriate weight to place on historical experience is a matter of judgment, based on relevant facts and circumstances. The assumptions used in estimating fair value and resulting compensation expenses at the grant dates are as follows:



Expected Life (years)	6.50 years
Volatility	19.60	%
Risk-free interest rate	1.24	%
Dividend yield	1.28	%

At June 30, 2019, there was no compensation cost yet to be recognized related to outstanding options.

The total intrinsic value of options exercised was $2,289, $2,165, and $747 for the fiscal years ended June 30, 2019, 2018, and 2017, respectively.

Restricted Stock Plan and 2015 Equity Incentive Plan

The Restricted Stock Plan was adopted by the Company on November 1, 2005, for its employees. The plan expired on November 1, 2015. Up to 3,000 shares of common stock were available for issuance under the plan. The 2015 EIP was adopted by the Company on November 10, 2015 for its employees. Up to 3,000 shares of common stock are available for issuance under the 2015 Equity Incentive Plan. Upon issuance, shares of restricted stock are subject to forfeiture and to restrictions which limit the sale or transfer of the shares during the restriction period. The restrictions are lifted over periods ranging from 3 years to 5 years from grant date.

The following table summarizes non-vested share awards activity:



Share awards	Shares		Weighted Average Grant Date Fair Value
Outstanding July 1, 2016	58		$	44.95
Granted	17		87.27
Vested	(38	)	37.00
Forfeited	(1	)	65.52
Outstanding July 1, 2017	36		73.66
Granted	—		—
Vested	(12	)	58.61
Forfeited	(1	)	64.60
Outstanding July 1, 2018	23		81.33
Granted	—		—
Vested	(17	)	79.41
Forfeited	—		—
Outstanding June 30, 2019	6		$	87.27

The non-vested share awards granted prior to July 1, 2016 do not participate in dividends during the restriction period. As a result, the weighted-average fair value of the non-vested share awards was based on the fair market value of the Company’s equity shares on the grant date, less the present value of the expected future dividends to be declared during the restriction period, consistent with the methodology for calculating compensation expense on such awards. The non-vested share awards granted during the fiscal year ended June 30, 2017 do participate in dividends during the restriction period. The weighted-average fair value of such participating awards was based on the fair market value on the grant date.

At June 30, 2019, there was no compensation expense yet to be recognized related to non-vested restricted stock share awards.

An amendment to the Restricted Stock Plan was adopted by the Company on August 20, 2010. Unit awards were made to employees remaining in continuous employment throughout the performance period and vary based on the Company’s percentile ranking in Total Shareholder Return (“TSR”) over the performance period compared to a peer group of companies. TSR is defined as the change in the stock price through the performance period plus dividends per share paid during the performance period, all divided by the stock price at the beginning of the performance period. It is the intention of the Company to settle the unit awards in shares of the Company’s stock. Certain Restricted Stock Unit awards are not tied to performance goals, and for such awards, vesting occurs over a period of 1 to 3 years.

The following table summarizes non-vested unit awards as of June 30, 2019, as well as activity for the fiscal year then ended:



Unit awards	Shares		Weighted Average Grant Date Fair Value		Aggregate Intrinsic Value
Outstanding July 1, 2016	429		$	58.06
Granted	130		77.75
Vested	(136	)	50.12
Forfeited	(37	)	54.30
Outstanding July 1, 2017	386		67.84
Granted	125		98.41
Vested	(156	)	57.00
Forfeited	(4	)	81.83
Outstanding July 1, 2018	351		83.37
Granted	80		169.53
Vested	(129	)	82.06
Forfeited	(4	)	92.32
Outstanding June 30, 2019	298		$107.00		$39,867

The Company utilized a Monte Carlo pricing model customized to the specific provisions of the Company’s plan design to value unit awards subject to performance targets on the grant dates. The weighted average assumptions used in this model to estimate fair value at the grant dates are as follows:



	Year Ended June 30,
	2019		2018		2017
Volatility	15.3	%	15.6	%	16.0	%
Risk free interest rate	2.89	%	1.55	%	0.93	%
Dividend yield	0.9	%	1.2	%	1.3	%
Stock Beta	0.669		0.687		0.684

For the fiscal year ended June 30, 2019, 39 unit awards were granted and measured using the above assumptions. The remaining 41 unit awards granted are not subject to performance targets, and therefore the estimated fair value at measurement date is valued in the same manner as restricted stock award grants.

At June 30, 2019, there was $13,444 of compensation expense that has yet to be recognized related to non-vested restricted stock unit awards, which will be recognized over a weighted-average period of 1.04 years.

The fair value of restricted shares and units at vest date totaled $34,645, $17,951, and $15,085 for the fiscal years ended June 30, 2019, 2018, and 2017, respectively.

Earnings Per Share (Text Block)

12 Months Ended

Jun. 30, 2019

Earnings Per Share, Basic and Diluted [Abstract]

Earnings Per Share [Text Block]

EARNINGS PER SHARE

The following table reflects the reconciliation between basic and diluted earnings per share.



	Year Ended June 30,
	2019		2018		2017
Net Income	$	271,885	$	365,034	$	229,561
Common share information:
Weighted average shares outstanding for basic earnings per share	77,160		77,252		77,856
Dilutive effect of stock options and restricted stock	187		333		399
Weighted average shares outstanding for diluted earnings per share	77,347		77,585		78,255
Basic earnings per share	$	3.52	$	4.73	$	2.95
Diluted earnings per share	$	3.52	$	4.70	$	2.93

Per share information is based on the weighted average number of common shares outstanding for each of the fiscal years. Stock options and restricted stock have been included in the calculation of earnings per share to the extent they are dilutive. The two-class method for computing EPS has not been applied because no outstanding awards contain non-forfeitable rights to participate in dividends. There were no anti-dilutive stock options and restricted stock excluded for fiscal 2019, 41 shares excluded for fiscal 2018, and 32 shares excluded for fiscal 2017.

Employee Benefit Plans (Text Block)	12 Months Ended
Employee Benefit Plans (Text Block)	Jun. 30, 2019
Retirement Benefits [Abstract]
Employee Stock Purchase Plan and 401(k) Disclosure [Text Block]	EMPLOYEE BENEFIT PLANS The Company established an employee stock purchase plan in 2006. The plan allows the majority of employees the opportunity to directly purchase shares of the Company at 85% of the closing price of the Company's stock on or around the fifteenth day of each month. During the fiscal years ended June 30, 2019, 2018 and 2017, employees purchased 76, 76, and 81 shares under this plan at average prices of $118.32, $98.46, and $77.52, respectively. As of June 30, 2019, approximately 1,304 shares remained available for future issuance under the plan. The plan does not meet the criteria as a non-compensatory plan. As a result, the Company records the total dollar value of the stock discount given to employees under the plan as expense. The Company has a defined contribution plan for its employees: the 401(k) Retirement Savings Plan (the “Plan”). The Plan is subject to the Employee Retirement Income Security Act of 1975 (“ERISA”) as amended. Under the Plan, the Company matches 100% of full time employee contributions up to 5% of eligible compensation. Prior to January 1, 2019, the Company match was subject to a maximum of $5 per year. On January 1, 2019, the maximum limit was removed. In order to receive matching contributions, employees must be 18 years of age and be employed for at least six months. The Company has the option of making a discretionary contribution; however, none has been made for any of the three most recent fiscal years. The total matching contributions for the Plan were $21,003, $18,821, and $17,550 for fiscal 2019, 2018 and 2017, respectively.

Business Acquisitions (Text Block)

12 Months Ended

Jun. 30, 2019

Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]

Business Acquisitions [Text Block]

BUSINESS ACQUISITIONS

BOLTS Technologies, Inc

On October 5, 2018, the Company acquired all of the equity interest of BOLTS Technologies, Inc. for $15,046 paid in cash. The acquisition was funded by cash generated from operations. BOLTS Technologies is the developer of boltsOPEN, a digital account opening solution.

Management has completed a purchase price allocation and its assessment of the fair value of acquired assets and liabilities assumed. The recognized amounts of identifiable assets acquired and liabilities assumed, based on their fair values as of October 5, 2018 are set forth below:



Current assets	$	1,384
Identifiable intangible assets	2,274
Total other liabilities assumed	(1,505		)
Total identifiable net assets	2,153
Goodwill	12,893
Net assets acquired	$	15,046

The amounts shown above include measurement period adjustments made during fiscal 2019 related to income taxes.

The goodwill of $12,893 arising from this acquisition consists largely of the growth potential, synergies and economies of scale expected from combining the operations of the Company with those of BOLTS, together with the value of BOLTS' assembled workforce. The goodwill from this acquisition has been allocated to the Company's Complementary segment and is not deductible for income tax purposes.

Identifiable intangible assets from this acquisition consist of customer relationships of $567, computer software of $1,409, and other intangible assets of $298. The weighted average amortization period for acquired customer relationships, computer software, and other intangible assets is 15 years, 10 years, and 10 years, respectively.

Current assets were inclusive of cash acquired of $1,365. The fair value of current assets acquired included accounts receivable of $14, none of which were expected to be uncollectible.

Costs incurred related to the acquisition of BOLTS in fiscal 2019 totaled $23 for legal, valuation, and other fees, and were expensed as incurred within selling, general, and administrative expense.

For the fiscal year ended June 30, 2019, the Company's consolidated statements of income included revenue of $126 and after-tax net loss of $895 resulting from BOLTS' operations.

The accompanying consolidated statements of income for the fiscal years ended June 30, 2019 and 2018 do not include any revenues and expenses related to this acquisition prior to the acquisition date. The impact of this acquisition was considered immaterial to both the current and prior periods of the Company's consolidated financial statements and, accordingly, pro forma financial information has not been provided.

Agiletics, Inc.

On October 1, 2018, the Company acquired all of the equity interest of Agiletics, Inc. for $7,649 paid in cash. The acquisition was funded by cash generated from operations. Agiletics is a provider of escrow, investment, and liquidity management solutions for banks serving commercial customers.



Current assets	$	2,170
Identifiable intangible assets	3,090
Non-current deferred income tax liability	(872		)
Total other liabilities assumed	(738		)
Total identifiable net assets	3,650
Goodwill	3,999
Net assets acquired	$	7,649

The amounts shown above include measurement period adjustments made during fiscal 2019 related to income taxes.

The goodwill of $3,999 arising from this acquisition consists largely of the growth potential, synergies and economies of scale expected from combining the operations of the Company with those of Agiletics. The goodwill from this acquisition has been allocated to the Company's Core segment and is not deductible for income tax purposes.

Identifiable intangible assets from this acquisition consist of customer relationships of $2,198, computer software of $701, and other intangible assets of $191. The weighted average amortization period for acquired customer relationships, computer software, and other intangible assets is 15 years, 10 years, and 10 years, respectively.

Current assets were inclusive of cash acquired of $1,349. The fair value of current assets acquired included accounts receivable of $302, none of which were expected to be uncollectible.

Costs incurred related to the acquisition of Agiletics in fiscal 2019 totaled $36 for legal, valuation, and other fees, and were expensed as incurred within selling, general, and administrative expense.

For the fiscal year ended June 30, 2019, the Company's consolidated statements of income included revenue of $926 and after-tax net loss of $192 resulting from Agiletics' operations.

Ensenta Corporation

On December 21, 2017, the Company acquired all of the equity interest of EST Holdings, Inc. and its wholly-owned subsidiary, EST Interco, Inc., for $134,381 paid in cash. EST Holdings, Inc. and EST Interco, Inc. jointly own all of the outstanding equity of Ensenta Corporation ("Ensenta"), a California-based provider of real-time, cloud-based solutions for mobile and online payments and deposits. This acquisition was partially funded by a draw on the Company's revolving credit facility, with the remaining amount funded by existing operating cash. The addition of Ensenta Corporation to the JHA Payment Solutions Group expands the Company’s ability to conduct real-time transactions with third-party platforms, extending its presence in the credit union market through shared branching technology.

Management has completed a purchase price allocation of Ensenta and its assessment of the fair value of acquired assets and liabilities assumed. The recognized amounts of identifiable assets acquired and liabilities assumed, based upon their fair values as of December 21, 2017 are set forth below:



Current assets	$	14,125
Long-term assets	586
Identifiable intangible assets	58,806
Non-current deferred income tax liability	(21,859		)
Total other liabilities assumed	(8,496		)
Total identifiable net assets	43,162
Goodwill	91,219
Net assets acquired	$	134,381

The amounts shown above include measurement period adjustments made during the third and fourth quarters of fiscal 2018, and the second quarter of fiscal 2019, related to income tax adjustments and a fair value assessment.

The goodwill of $91,219 arising from this acquisition consists largely of the growth potential, synergies and economies of scale expected from combining the operations of the Company with those of Ensenta, together with the value of Ensenta's assembled workforce. The goodwill from this acquisition has been allocated to the Company's Payments segment and is not expected to be deductible for income tax purposes.

Identifiable intangible assets from this acquisition consist of customer relationships of $37,800, computer software of $16,505, and other intangible assets of $4,501. The weighted average amortization period for acquired customer relationships, computer software, and other intangible assets is 15 years, 10 years, and 10 years, respectively.

Current assets were inclusive of cash acquired of $7,274. The fair value of current assets acquired included accounts receivable of $4,668, none of which were expected to be uncollectible.

Costs incurred related to the acquisition of Ensenta in fiscal 2018 totaled $339 for legal, valuation, and other fees, and were expensed as incurred within selling, general, and administrative expense.

For the fiscal year ended June 30, 2019, the Company's consolidated statements of income included revenue of $35,688 and after-tax net income of $11,163. For the fiscal year ended June 30, 2018, Ensenta contributed revenue of $15,776 and after-tax net income of $8,197. The after-tax net income for the fiscal year ended June 30, 2018 included a large tax benefit recorded as a result of the TCJA. Excluding that benefit, the Company's after tax net income resulting from Ensenta's operations totaled $536.

The accompanying consolidated statements of income for the fiscal year ended June 30, 2019 do not include any revenues and expenses related to this acquisition prior to the acquisition date. The following unaudited pro forma consolidated financial information is presented as if this acquisition had occurred at the beginning of the prior period presented. In addition, this unaudited pro forma financial information is provided for illustrative purposes only and should not be relied upon as necessarily being indicative of the historical results that would have been obtained if the acquisition had actually occurred during this period, or the results that may be obtained in the future as a result of the acquisition.



	Year Ended
	June 30,
	2019		2018		2017
	Actuals		Proforma		Proforma
Revenue	$	1,552,691	$	1,483,915	$	1,411,873
Net Income	271,885		366,544		231,696
Basic Earnings Per Share	$	3.52	$	4.74	$	2.98
Diluted Earnings Per Share	$	3.52	$	4.72	$	2.96

Vanguard Software Group

On August 31, 2017, the Company acquired all of the equity interest of Vanguard Software Group, a Florida-based company specializing in the underwriting, spreading, and online decisioning of commercial loans, for $10,744 paid in cash. This acquisition was funded using existing operating cash. The addition of Vanguard Software Group to the Company's ProfitStars® Lending Solutions Group expands functionality offered to clients, allowing for near-real-time communication with JHA's core processing and ancillary solutions, and also enhances cross-sell opportunities.

Management has completed a purchase price allocation of Vanguard Software Group and its assessment of the fair value of acquired assets and liabilities assumed. The recognized amounts of identifiable assets acquired and liabilities assumed, based upon their fair values as of August 31, 2017 are set forth below:



Current assets	$	1,153
Long-term assets	9
Identifiable intangible assets	4,200
Total liabilities assumed	(1,117		)
Total identifiable net assets	4,245
Goodwill	6,499
Net assets acquired	$	10,744

The goodwill of $6,499 arising from this acquisition consists largely of the growth potential, synergies and economies of scale expected from combining the operations of the Company with those of Vanguard Software Group, together with the value of Vanguard Software Group's assembled workforce. The goodwill from this acquisition has been allocated to the Company's Complementary segment and is expected to be deductible for income tax purposes.

Identifiable intangible assets from this acquisition consist of customer relationships of $2,234, computer software of $1,426, and other intangible assets of $540. The weighted average amortization periods for acquired customer relationships, computer software, and other intangible assets are 15 years, 10 years, and 10 years, respectively.

Current assets were inclusive of cash acquired of $289. The fair value of current assets acquired included accounts receivable of $847, none of which were expected to be uncollectible.

Costs incurred related to the acquisition of Vanguard Software Group were immaterial for the periods presented.

For the fiscal year ended June 30, 2019, the Company's consolidated statements of income included revenue of $3,120 and after-tax net loss of $243. For the fiscal year ended June 30, 2018, Vanguard contributed revenue of $1,486 and after-tax net loss of $870.

The accompanying consolidated statements of income for the fiscal year ended June 30, 2019 do not include any revenues and expenses related to this acquisition prior to the acquisition date. The impact of this acquisition was considered immaterial to both the current and prior periods of the Company's consolidated financial statements and, accordingly, pro forma financial information has not been provided.

Reportable Segment Information (Text Block)

12 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Reportable Segment Information [Text Block]

REPORTABLE SEGMENT INFORMATION

The Company is a leading provider of technology solutions and payment processing services primarily for financial services organizations.

Beginning in the first quarter of fiscal 2018, JHA changed its reportable segment structure from two customer-centric segments, Bank and Credit Union, to four product-centric segments. The change was made based on the view of its Chief Executive Officer, who is also the Chief Operating Decision Maker, that the Company could be more effectively managed using a product-centric approach and was driven by the first budgetary process under his administration.

The Company’s operations are classified into four reportable segments: Core, Payments, Complementary, and Corporate and Other. The Core segment provides core information processing platforms to banks and credit unions, which consist of integrated applications required to process deposit, loan, and general ledger transactions, and maintain centralized customer/member information. The Payments segment provides secure payment processing tools and services, including ATM, debit, and credit card processing services, online and mobile bill pay solutions, and risk management products and services. The Complementary segment provides additional software and services that can be integrated with the Company's core solutions or used independently. The Corporate & Other segment includes revenue and costs from hardware and other products not attributable to the other three segments, as well as operating costs not directly attributable to the other three segments.

The Company evaluates the performance of its segments and allocates resources to them based on various factors, including performance against trend, budget, and forecast. Only revenue and costs of revenue are considered in the evaluation for each segment.

An immaterial adjustment was made to reclassify revenue recognized in fiscal 2018 from the Core to the Corporate and Other Segment. For the fiscal year ended June 30, 2018, the amount reclassified totaled $2,968.



	Year Ended
	June 30, 2019
	Core		Payments		Complementary		Corporate & Other			Total
REVENUE
Services and Support	$	506,007	$	52,756	$	348,631	$	51,095		$	958,489
Processing	28,422		495,563		69,584		633			594,202
Total Revenue	534,429		548,319		418,215		51,728			1,552,691

Cost of Revenue	243,989		273,261		175,737		230,043			923,030
Research and Development										96,378
Selling, General, and Administrative										185,998
Gain on Disposal of Businesses										—
Total Expenses										1,205,406

SEGMENT INCOME	$	290,440	$	275,058	$	242,478	$	(178,315	)

OPERATING INCOME										347,285

INTEREST INCOME (EXPENSE)										(50		)

INCOME BEFORE INCOME TAXES										$	347,235



	Year Ended
	June 30, 2018
	Core		Payments		Complementary		Corporate & Other			Total
REVENUE
Services and Support	$	482,216	$	47,641	$	333,812	$	57,070		$	920,739
Processing	27,605		460,690		61,607		156			550,058
Total Revenue	509,821		508,331		395,419		57,226			1,470,797

Cost of Revenue	232,868		245,269		163,905		211,096			853,138
Research and Development										90,340
Selling, General, and Administrative										171,710
Gain on Disposal of Businesses										(1,894		)
Total Expenses										1,113,294

SEGMENT INCOME	$	276,953	$	263,062	$	231,514	$	(153,870	)

OPERATING INCOME										357,503

INTEREST INCOME (EXPENSE)										(1,345		)

INCOME BEFORE INCOME TAXES										$	356,158



	Year Ended
	June 30, 2017
	Core		Payments		Complementary		Corporate & Other			Total
REVENUE
Services and Support	$	452,712	$	43,477	$	322,784	$	62,762		$	881,735
Processing	24,893		428,511		53,027		124			506,555
Total Revenue	477,605		471,988		375,811		62,886			1,388,290

Cost of Revenue	219,440		222,685		155,084		208,646			805,855
Research and Development										84,753
Selling, General, and Administrative										159,235
Gain on Disposal of Businesses										(3,270		)
Total Expenses										1,046,573

SEGMENT INCOME	$	258,165	$	249,303	$	220,727	$	(145,760	)

OPERATING INCOME										341,717

INTEREST INCOME (EXPENSE)										(748		)

INCOME BEFORE INCOME TAXES										$	340,969

The Company has not disclosed any additional asset information by segment, as the information is not produced internally and its preparation is impracticable.

Subsequent Events (Text Block)	12 Months Ended
Subsequent Events (Text Block)	Jun. 30, 2019
Subsequent Events [Abstract]
Subsequent Events [Text Block]	SUBSEQUENT EVENTS Dividends On August 23, 2019, the Company's Board of Directors declared a cash dividend of $0.40 per share on its common stock, payable on September 30, 2019 to shareholders of record on September 9, 2019. Acquisition On July 1, 2019, the Company acquired 100% of the equity interest in Geezeo for a net cash outlay of $37,776. The Company has not yet completed its purchase price allocation for this acquisition. Geezeo is a Boston-based provider of retail and business digital financial management solutions and was a privately-held company. The acquisition was funded with operating cash. Due to the timing of the acquisition, the Company has not yet completed its purchase accounting procedures with respect to this transaction. Geezeo's historical operating results would not materially affect the Company's consolidated financial statements and, accordingly, pro forma financial information has not been provided.

Quarterly Financial Information (Text Block)

12 Months Ended

Jun. 30, 2019

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information

QUARTERLY FINANCIAL INFORMATION

(unaudited)



	For the Year Ended June 30, 2019
	Quarter 1			Quarter 2			Quarter 3			Quarter 4			Total

REVENUE	$	392,543		$	386,275		$	380,364		$	393,509		$	1,552,691

EXPENSES
Cost of Revenue	220,112			227,284			235,594			240,040			923,030
Research & Development	24,026			23,990			23,442			24,920			96,378
Selling, General, & Administrative	45,183			46,797			44,887			49,131			185,998
Total Expenses	289,321			298,071			303,923			314,091			1,205,406

OPERATING INCOME	103,222			88,204			76,441			79,418			347,285

INTEREST INCOME (EXPENSE)
Interest income	291			252			155			178			876
Interest expense	(147		)	(148		)	(224		)	(407		)	(926		)
Total interest income (expense)	144			104			(69		)	(229		)	(50		)

INCOME BEFORE INCOME TAXES	103,366			88,308			76,372			79,189			347,235

PROVISION/ (BENEFIT) FOR INCOME TAXES	19,815			20,219			17,120			18,196			75,350

NET INCOME	$	83,551		$	68,089		$	59,252		$	60,993		$	271,885

Basic earnings per share	$	1.08		$	0.88		$	0.77		$	0.79		$	3.52
Basic weighted average shares outstanding	77,188			77,216			77,177			77,060			77,160

Diluted earnings per share	$	1.08		$	0.88		$	0.77		$	0.79		$	3.52
Diluted weighted average shares outstanding	77,537			77,409			77,286			77,157			77,347



	For the Year Ended June 30, 2018*
	Quarter 1			Quarter 2			Quarter 3			Quarter 4			Total

REVENUE	$	361,284		$	357,209		$	374,048		$	378,256		$	1,470,797

EXPENSES
Cost of Revenue	203,915			207,100			218,517			223,606			853,138
Research & Development	20,929			22,414			22,591			24,406			90,340
Selling, General, & Administrative	41,088			43,094			42,234			45,294			171,710
Gain on disposal of businesses	(1,705		)	(189		)	—			—			(1,894		)
Total Expenses	264,227			272,419			283,342			293,306			1,113,294

OPERATING INCOME	97,057			84,790			90,706			84,950			357,503

INTEREST INCOME (EXPENSE)
Interest income	147			146			130			152			575
Interest expense	(189		)	(250		)	(734		)	(747		)	(1,920		)
Total interest income (expense)	(42		)	(104		)	(604		)	(595		)	(1,345		)

INCOME BEFORE INCOME TAXES	97,015			84,686			90,102			84,355			356,158

PROVISION/ (BENEFIT) FOR INCOME TAXES	30,145			(76,557		)	21,017			16,519			(8,876		)

NET INCOME	$	66,870		$	161,243		$	69,085		$	67,836		$	365,034

Basic net income per share	$	0.87		$	2.09		$	0.89		$	0.88		$	4.73
Basic weighted average shares outstanding	77,283			77,218			77,247			77,261			77,252

Diluted net income per share	$	0.86		$	2.08		$	0.89		$	0.87		$	4.70
Diluted weighted average shares outstanding	77,646			77,565			77,546			77,585			77,585

*As previously disclosed, the Company adopted ASU 2014-09 effective July 1, 2018 using the full retrospective approach. In connection therewith, in its previously filed fiscal 2019 Form 10-Q's, the Company adjusted its comparative fiscal 2018 financial information, including its June 30, 2018 balance sheet, to reflect the retrospective effects of applying ASC 606. In connection with the preparation of the Company's consolidated financial statements for the year ended June 30, 2019, the Company identified a $23,500 error in the as adjusted June 30, 2018 balance sheet that was disclosed within the previously filed fiscal 2019 Form 10-Q's, which resulted in an overstatement of current deferred revenues and a corresponding understatement of non-current deferred revenues in such unaudited quarterly filings. Management has determined that such misclassification error did not result in the previously filed 2019 Form 10-Q's being materially misstated.

Nature of Operations and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Consolidation	CONSOLIDATION The consolidated financial statements include the accounts of JHA and all of its subsidiaries, which are wholly-owned, and all intercompany accounts and transactions have been eliminated.
Use of Estimates	USE OF ESTIMATES The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Revenue Recognition	REVENUE RECOGNITION The Company generates "Services and Support" revenue through software licensing and related services, outsourcing core & complementary software solutions, professional services, and hardware sales. The Company generates "Processing" revenue through processing of remittance transactions, card transactions and monthly fees, and digital transactions. Significant Judgments in Application of the Guidance Identification of Performance Obligations The Company enters into contracts with customers that may include multiple types of goods and services. At contract inception, the Company assesses the solutions and services promised in its contracts with customers and identifies a performance obligation for each promise to transfer to the customer a solution or service (or bundle of solutions or services) that is distinct - that is, if the solution or service is separately identifiable from other items in the arrangement and if the customer can benefit from the solution or service on its own or together with other resources that are readily available. Significant judgment is used in the identification and accounting for all performance obligations. The Company recognizes revenue when or as it satisfies each performance obligation by transferring control of a solution or service to the customer. Determination of Transaction Price The amount of revenue recognized is based on the consideration the Company expects to receive in exchange for transferring goods and services to the customer. The Company’s contracts with its customers frequently contain some component of variable consideration. The Company estimates variable consideration in its contracts primarily using the expected value method, based on both historical and current information. Where appropriate, the Company may constrain the estimated variable consideration included in the transaction price in the event of a high degree of uncertainty as to the final consideration amount. Significant judgment is used in the estimate of variable consideration of customer contracts that are long-term and include uncertain transactional volumes. Taxes collected from customers and remitted to governmental authorities are not included in revenue. The Company includes reimbursements from customers for expenses incurred in providing services (such as for postage, travel and telecommunications costs) in revenue, while the related costs are included in cost of revenue. Technology or service components from third parties are frequently included in or combined with the Company’s applications or service offerings. Whether the Company recognizes revenue based on the gross amount billed to the customer or the net amount retained involves judgment in determining whether the Company controls the good or service before it is transferred to the customer. This assessment is made at the performance obligation level. Allocation of Transaction Price The transaction price, once determined, is allocated between the various performance obligations in the contract based upon their relative standalone selling prices. The standalone selling prices are determined based on the prices at which the Company separately sells each good or service. For items that are not sold separately, the Company estimates the standalone selling prices using all information that is reasonably available, including reference to historical pricing data. The following describes the nature of the Company’s primary types of revenue: Processing Processing revenue is generated from transaction-based fees for electronic deposit and payment services, electronic funds transfers and debit and credit card processing. The Company’s arrangements for these services typically require the Company to “stand-ready” to provide specific services on a when and if needed basis by processing an unspecified number of transactions over the contractual term. The fees for these services may be fixed or variable (based upon performing an unspecified quantity of services), and pricing may include tiered pricing structures. Amounts of revenue allocated to these services are recognized as those services are performed. Customers are typically billed monthly for transactions processed during the month. The Company evaluates tiered pricing to determine if a material right exists. If, after that evaluation, it determines a material right does exist, it assigns value to the material right based upon standalone selling price after estimation of breakage associated with the material right. Outsourcing and Cloud Outsourcing and cloud revenue is generated from data and item processing services and hosting fees. The Company’s arrangements for these services typically require the Company to “stand-ready” to provide specific services on a when and if needed basis. The fees for these services may be fixed or variable (based upon performing an unspecified quantity of services), and pricing may include tiered pricing structures. Amounts of revenue allocated to these services are recognized as those services are performed. Data and item processing services are typically billed monthly. The Company evaluates tiered pricing to determine if a material right exists. If, after that evaluation, it determines a material right does exist, it assigns value to the material right based upon standalone selling price. Product Delivery and Services Product delivery and services revenue is generated primarily from software licensing and related professional services and hardware delivery. Software licenses, along with any professional services from which they are not considered distinct, are recognized as they are delivered to the customer. Hardware revenue is recognized upon delivery. Professional services that are distinct are recognized as the services are performed. Deconversion fees are also included within product delivery and services, and are considered a contract modification. Therefore, the Company recognizes these fees over the remaining modified contract term. In-House Support In-house support revenue is generated from software maintenance for ongoing client support and software usage, which includes a license and ongoing client support. The Company’s arrangements for these services typically require the Company to “stand-ready” to provide specific services on a when and if needed basis. The fees for these services may be fixed or variable (based upon performing an unspecified quantity of services). Software maintenance fees are typically billed to the customer annually in advance and recognized ratably over the maintenance term. Software usage is typically billed annually in advance, with the license delivered and recognized at the outset, and the maintenance fee recognized ratably over the maintenance term. Accordingly, the Company utilizes the practical expedient which allows entities to disregard the effects of a financing component when the contract period is one year or less.
Contract Assets and Liabilities [Policy Text Block]	Contract assets primarily result from revenue being recognized when or as control of a solution or service is transferred to the customer, but where invoicing is delayed until the completion of other performance obligations or payment terms differ from the provisioning of services. The current portion of contract assets is reported within prepaid expenses and other in the consolidated balance sheet, and the non-current portion is included in other non-current assets. Contract liabilities (deferred revenue) primarily relate to consideration received from customers in advance of delivery of the related goods and services to the customer. Contract balances are reported in a net contract asset or liability position on a contract-by-contract basis at the end of each reporting period.
Capitalized Contract Costs [Policy Text Block]	The Company incurs incremental costs to obtain a contract as well as costs to fulfill contracts with customers that are expected to be recovered. These costs consist primarily of sales commissions, which are incurred only if a contract is obtained, and customer conversion or implementation-related costs. Capitalized costs are amortized based on the transfer of goods or services to which the asset relates, in line with the percentage of revenue recognized for each performance obligation to which the costs are allocated.
Computer Software Development	COMPUTER SOFTWARE DEVELOPMENT The Company capitalizes new product development costs incurred for software to be sold from the point at which technological feasibility has been established through the point at which the product is ready for general availability. Software development costs that are capitalized are evaluated on a product-by-product basis annually and are assigned an estimated economic life based on the type of product, market characteristics, and maturity of the market for that particular product. These costs are amortized based on current and estimated future revenue from the product or on a straight-line basis, whichever yields greater amortization expense. All of this amortization expense is included within components of operating income, primarily cost of revenue.
Internal Use Software	The Company capitalizes development costs for internal use software beginning at the start of application development. Amortization begins on the date the software is placed in service and the amortization period is based on estimated useful life.
Cash Equivalents	CASH EQUIVALENTS The Company considers all highly liquid investments with maturities of three months or less at the time of acquisition to be cash equivalents.
Accounts Receivable	ACCOUNTS RECEIVABLE Receivables are recorded at the time of billing. A reasonable estimate of the realizability of customer receivables is made through the establishment of an allowance for doubtful accounts, which is estimated based on a combination of write-off history, aging analysis, and any specifically known collection issues.
Property and Equipment	PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS Property and equipment is stated at cost and depreciated using the straight-line method over the estimated useful lives of the assets.
Intangible Assets	Intangible assets consist of goodwill, customer relationships, computer software, and trade names acquired in business acquisitions in addition to internally developed computer software. The amounts are amortized, with the exception of those with an indefinite life (goodwill), over an estimated economic benefit period, generally three to twenty years. The Company reviews its long-lived assets and identifiable intangible assets with finite lives for impairment whenever events or changes in circumstances have indicated that the carrying amount of its assets might not be recoverable. The Company evaluates goodwill for impairment of value on an annual basis as of January 1 and between annual tests if events or changes in circumstances indicate that the asset might be impaired.
Comprehensive Income	COMPREHENSIVE INCOME Comprehensive income for each of the fiscal years ending June 30, 2019, 2018, and 2017 equals the Company’s net income.
Reportable Segment Information	REPORTABLE SEGMENT INFORMATION In accordance with U.S. GAAP, the Company's operations are classified as four reportable segments: Core, Payments, Complementary, and Corporate and Other (see Note 13). Substantially all the Company’s revenues are derived from operations and assets located within the United States of America.
Common Stock	COMMON STOCK The Board of Directors has authorized the Company to repurchase shares of its common stock. Under this authorization, the Company may finance its share repurchases with available cash reserves or short-term borrowings on its existing credit facilities. The share repurchase program does not include specific price targets or timetables and may be suspended at any time.
Earnings Per Share	EARNINGS PER SHARE Per share information is based on the weighted average number of common shares outstanding during the year. Stock options and restricted stock have been included in the calculation of income per diluted share to the extent they are dilutive. The difference between basic and diluted weighted average shares outstanding is the dilutive effect of outstanding stock options and restricted stock (see Note 10).
Income Taxes	INCOME TAXES Deferred tax liabilities and assets are recognized for the tax effects of differences between the financial statement and tax bases of assets and liabilities. A valuation allowance would be established to reduce deferred tax assets if it is more likely than not that a deferred tax asset will not be realized. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based upon the technical merits of the position. The tax benefit recognized in the financial statements from such a position is measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. Also, interest and penalties expense are recognized on the full amount of deferred benefits for uncertain tax positions. The Company's policy is to include interest and penalties related to unrecognized tax benefits in income tax expense.

Fair Value of Financial Instruments (Policies)	12 Months Ended
Fair Value of Financial Instruments (Policies)	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments, Policy [Policy Text Block]	For cash equivalents, amounts receivable or payable and short-term borrowings, fair values approximate carrying value, based on the short-term nature of the assets and liabilities. The Company's estimates of the fair value for financial assets and financial liabilities are based on the framework established in the fair value accounting guidance. The framework is based on the inputs used in valuation, gives the highest priority to quoted prices in active markets, and requires that observable inputs be used in the valuations when available. The three levels of the hierarchy are as follows: Level 1: inputs to the valuation are quoted prices in an active market for identical assets Level 2: inputs to the valuation include quoted prices for similar assets in active markets that are observable either directly or indirectly Level 3: valuation is based on significant inputs that are unobservable in the market and the Company's own estimates of assumptions that it believes market participants would use in pricing the asset

Nature of Operations and Summary of Significant Accounting Policies Revenue Recognition (Tables)

12 Months Ended

Jun. 30, 2019

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue [Table Text Block]

Disaggregation of Revenue



	Year Ended June 30,
	2019		2018		2017
Processing	$	594,202	$	550,058	$	506,555

Outsourcing & Cloud	405,359		361,922		327,738
Product Delivery & Services	231,982		251,743		256,794
In-House Support	321,148		307,074		297,203
Services & Support	958,489		920,739		$	881,735

Total Revenue	$	1,552,691	$	1,470,797	$	1,388,290

Contract with Customer, Asset and Liability [Table Text Block]

Contract Balances

The following table provides information about contract assets and contract liabilities from contracts with customers.



	June 30, 2019		June 30, 2018
Receivables, net	$	310,080	$	297,271
Contract Assets- Current	21,446		14,063
Contract Assets- Non-current	50,640		35,630
Contract Liabilities (Deferred Revenue)- Current	339,752		328,931
Contract Liabilities (Deferred Revenue)- Non-current	54,554		40,984

Nature of Operations and Summary of Significant Accounting Policies Impact of Adoption of ASC 606 on Previously Reported Financial Statements (Tables)

12 Months Ended

Jun. 30, 2019

Impact of the Adoption of ASC 606 on Previously Reported Financial Statements [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]

Impacts on Financial Statements

The following tables summarize the impacts of ASC 606 adoption on the Company’s Consolidated Financial Statements:

Consolidated Balance Sheet as of June 30, 2018:



	As Previously Reported (Adjusted)*			Adjustments			As Adjusted
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	31,440		$	—		$	31,440
Receivables, net	291,630			5,641			297,271
Income tax receivable	21,671			—			21,671
Prepaid expenses and other*	84,738			11,331			96,069
Deferred costs*	34,907			(11,916		)	22,991
Assets held for sale*	1,300			—			1,300
Total current assets	465,686			5,056			470,742
PROPERTY AND EQUIPMENT, net*	285,550			—			285,550
OTHER ASSETS:
Non-current deferred costs	95,540			(20,675		)	74,865
Computer software, net of amortization	288,172			—			288,172
Other non-current assets	107,775			2,524			110,299
Customer relationships, net of amortization	115,034			—			115,034
Other intangible assets, net of amortization	38,467			—			38,467
Goodwill	649,929			—			649,929
Total other assets	1,294,917			(18,151		)	1,276,766
Total assets	$	2,046,153		$	(13,095	)	$	2,033,058
LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable*	$	30,360		$	—		$	30,360
Accrued expenses	97,848			(9,084		)	88,764
Deferred revenues	355,538			(26,607		)	328,931
Total current liabilities	483,746			(35,691		)	448,055
LONG-TERM LIABILITIES:
Non-current deferred revenues	93,094			(52,110		)	40,984
Non-current deferred income tax liability	189,613			18,690			208,303
Other long-term liabilities	12,872			—			12,872
Total long-term liabilities	295,579			(33,420		)	262,159
Total liabilities	779,325			(69,111		)	710,214
STOCKHOLDERS' EQUITY
Preferred stock - $1 par value; 500,000 shares authorized, none issued	—			—			—
Common stock - $0.01 par value; 250,000,000 shares authorized; 103,278,562 shares issued at June 30, 2018	1,033			—			1,033
Additional paid-in capital	464,138			—			464,138
Retained earnings	1,856,917			56,016			1,912,933
Less treasury stock at cost 26,107,903 shares at June 30, 2018	(1,055,260		)	—			(1,055,260		)
Total stockholders' equity	1,266,828			56,016			1,322,844
Total liabilities and equity	$	2,046,153		$	(13,095	)	$	2,033,058

*Adjusted for reclassifications and corrections not related to ASC 606 adoption. See comments under "Prior Period Reclassification" and "Prior Period Misclassification" headings in this Note 1 to the Consolidated Financial Statements.

Consolidated Statements of Income for the fiscal years ended ended June 30, 2018 and June 30, 2017:



	Year Ended June 30, 2018									Year Ended June 30, 2017
	As Previously Reported			Adjustments			As Adjusted			As Previously Reported			Adjustments			As Adjusted
REVENUE	$	1,536,603		$	(65,806	)	$	1,470,797		$	1,431,117		$	(42,827	)	$	1,388,290

EXPENSES
Cost of Revenue	873,642			(20,504		)	853,138			819,034			(13,179		)	805,855
Research and Development	90,340			—			90,340			84,753			—			84,753
Selling, General, and Administrative	182,146			(10,436		)	171,710			162,898			(3,663		)	159,235
Gain on Disposal of a Business	(1,894		)	—			(1,894		)	(3,270		)	—			(3,270		)
Total Expenses	1,144,234			(30,940		)	1,113,294			1,063,415			(16,842		)	1,046,573

OPERATING INCOME	392,369			(34,866		)	357,503			367,702			(25,985		)	341,717

INTEREST INCOME (EXPENSE)
Interest Income	575			—			575			248			—			248
Interest Expense	(1,920		)	—			(1,920		)	(996		)	—			(996		)
Total Interest Income (Expense)	(1,345		)	—			(1,345		)	(748		)	—			(748		)

INCOME BEFORE INCOME TAXES	391,024			(34,866		)	356,158			366,954			(25,985		)	340,969

PROVISION/ (BENEFIT) FOR INCOME TAXES	14,364			(23,240		)	(8,876		)	121,161			(9,753		)	111,408

NET INCOME	$	376,660		$	(11,626	)	$	365,034		$	245,793		$	(16,232	)	$	229,561

Basic earnings per share	$	4.88					$	4.73		$	3.16					$	2.95
Basic weighted average shares outstanding	77,252						77,252			77,856						77,856

Diluted earnings per share	$	4.85					$	4.70		$	3.14					$	2.93
Diluted weighted average shares outstanding	77,585						77,585			78,255						78,255

Consolidated Statement of Cash Flows for the fiscal years ended June 30, 2018 and June 30, 2017:



	Year Ended June 30, 2018									Year Ended June 30, 2017
	As Previously Reported*			Adjustments			As Adjusted			As Previously Reported			Adjustments			As Adjusted
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income	$	376,660		$	(11,626	)	$	365,034		$	245,793		$	(16,232	)	$	229,561
Adjustments to reconcile net income from operations to net cash from operating activities:
Depreciation	47,975			—			47,975			49,677			—			49,677
Amortization	104,011			—			104,011			90,109			—			90,109
Change in deferred income taxes	(51,644		)	(23,240		)	(74,884		)	30,940			(9,753		)	21,187
Expense for stock-based compensation	11,758			—			11,758			11,129			—			11,129
(Gain)/loss on disposal of assets and businesses	(954		)	—			(954		)	4,771			—			4,771
Changes in operating assets and liabilities:
Change in receivables	(9,219		)	30,708			21,489			(22,499		)	(10,597		)	(33,096		)
Change in prepaid expenses, deferred costs and other*	(24,304		)	(58,359		)	(82,663		)	(25,088		)	96			(24,992		)
Change in accounts payable*	6,922			—			6,922			(7,812		)	—			(7,812		)
Change in accrued expenses	9,091			(2,000		)	7,091			(4,454		)	(7,512		)	(11,966		)
Change in income taxes	5,108			—			5,108			(6,444		)	—			(6,444		)
Change in deferred revenues	(63,262		)	64,517			1,255			(8,800		)	43,998			35,198
Net cash from operating activities	412,142			—			412,142			357,322			—			357,322

CASH FLOWS FROM INVESTING ACTIVITIES:
Payment for acquisitions, net of cash acquired	(137,562		)	—			(137,562		)	—			—			—
Capital expenditures	(40,135		)	—			(40,135		)	(41,947		)	—			(41,947		)
Proceeds from the sale of businesses	350			—			350			5,632			—			5,632
Proceeds from the sale of assets	306			—			306			968			—			968
Purchased software	(13,138		)	—			(13,138		)	(16,608		)	—			(16,608		)
Computer software developed	(96,647		)	—			(96,647		)	(89,631		)	—			(89,631		)
Purchase of investments	(5,000		)	—			(5,000		)	—			—			—
Net cash from investing activities	(291,826		)	—			(291,826		)	(141,586		)	—			(141,586		)

CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings on credit facilities	125,000			—			125,000			80,000			—			80,000
Repayments on credit facilities	(175,000		)	—			(175,000		)	(30,200		)	—			(30,200		)
Purchase of treasury stock	(48,986		)	—			(48,986		)	(130,140		)	—			(130,140		)
Dividends paid	(105,021		)	—			(105,021		)	(91,707		)	—			(91,707		)
Proceeds from issuance of common stock upon exercise of stock options	176			—			176			1			—			1
Tax withholding payments related to share based compensation	(7,333		)	—			(7,333		)	(5,480		)	—			(5,480		)
Proceeds from sale of common stock	7,523			—			7,523			6,245			—			6,245
Net cash from financing activities	(203,641		)	—			(203,641		)	(171,281		)	—			(171,281		)
NET CHANGE IN CASH AND CASH EQUIVALENTS	$	(83,325	)	$	—		$	(83,325	)	$	44,455		$	—		$	44,455
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	$	114,765		$	—		$	114,765		$	70,310		$	—		$	70,310
CASH AND CASH EQUIVALENTS, END OF PERIOD	$	31,440		$	—		$	31,440		$	114,765		$	—		$	114,765
*Adjusted for reclassifications and corrections not related to ASC 606 adoption. See comments under "Prior Period Reclassification" and "Prior Period Misclassification" headings in this Note 1 to the Consolidated Financial Statements.

Fair Value of Financial Instruments (Tables)

12 Months Ended

Jun. 30, 2019

Fair Value Disclosures [Abstract]

Recurring Fair Value Measurements [Table Text Block]

Fair value of financial assets, included in cash and cash equivalents, and financial liabilities is as follows:



	Estimated Fair Value Measurements						Total Fair
Recurring Fair Value Measurements	Level 1		Level 2		Level 3		Value
June 30, 2019
Financial Assets:
Money market funds	$	81,945	$	—	$	—	$	81,945
June 30, 2018
Financial Assets:
Money market funds	$	14,918	$	—	$	—	$	14,918

Non-Recurring Fair Value Measurements [Table Text Block]



Non-Recurring Fair Value Measurements
June 30, 2019
Long-lived assets held for sale	$	—	$	1,300	$	—	$	1,300
June 30, 2018
Long-lived assets held for sale ^(a)	$	—	$	1,300	$	—	$	1,300

Property and Equipment (Tables)

12 Months Ended

Jun. 30, 2019

Property, Plant and Equipment [Abstract]

Property and Equipment [Table Text Block]

The classification of property and equipment, together with their estimated useful lives is as follows:



	June 30,
	2019		2018		Estimated Useful Life
Land⁽¹⁾	$	23,243	$	24,845
Land improvements ⁽¹⁾	25,209		25,383		5 - 20 years
Buildings ⁽¹⁾	147,220		143,918		20 - 30 years
Leasehold improvements	48,478		48,060		5 - 30 years	⁽²⁾
Equipment and furniture	365,101		328,864		3 - 10 years
Aircraft and equipment	39,293		38,761		4 - 10 years
Construction in progress	12,411		39,872
	660,955		649,703
Less accumulated depreciation	388,481		364,153
Property and equipment, net	$	272,474	$	285,550

⁽¹⁾ Excludes assets held for sale

⁽²⁾Lesser of lease term or estimated useful life

Other Assets (Tables)

12 Months Ended

Jun. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill [Table Text Block]

The carrying amount of goodwill for the fiscal years ended June 30, 2019 and 2018, by reportable segments, is as follows:



	June 30,
Core	2019		2018
Beginning balance	$	195,956	$	195,956
Goodwill, acquired during the year	4,000		—
Goodwill, adjustments related to dispositions	—		—
Ending balance	$	199,956	$	195,956

Payments
Beginning balance	$	325,204	$	234,106
Goodwill, acquired during the year	122		91,098
Goodwill, adjustments related to dispositions	—		—
Ending balance	$	325,326	$	325,204

Complementary
Beginning balance	$	128,769	$	122,403
Goodwill, acquired during the year	12,893		6,499
Goodwill, adjustments related to dispositions	—		(133		)
Ending balance	$	141,662	$	128,769

Schedule of Intangible Assets [Table Text Block]

Information regarding other identifiable intangible assets is as follows:



	June 30, 2019
	Gross Carrying Amount		Accumulated Amortization			Net
Customer relationships	$	305,512	$	(204,859	)	$	100,653
Computer software	$	759,671	$	(440,702	)	$	318,969
Other intangible assets:	$	93,471	$	(61,957	)	$	31,514

	June 30, 2018
	Gross Carrying Amount		Accumulated Amortization			Net
Customer relationships	$	302,727	$	(187,693	)	$	115,034
Computer software	$	653,407	$	(365,235	)	$	288,172
Other intangible assets:	$	88,017	$	(49,550	)	$	38,467

Schedule of Future Amortization Expense [Table Text Block]

The estimated aggregate future amortization expense for each of the next five years for all intangible assets remaining as of June 30, 2019, is as follows:



Years Ending June 30,	Computer Software		Customer Relationships		Other Intangible Assets		Total
2020	$	77,020	$	14,665	$	9,186	$	100,871
2021	58,153		12,409		6,345		76,907
2022	42,981		11,260		3,437		57,678
2023	27,454		8,808		1,963		38,225
2024	10,975		7,547		1,315		19,837

Commitments and Contingencies Lease Commitments (Tables)

12 Months Ended

Jun. 30, 2019

Leases [Abstract]

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

As of June 30, 2019, net future minimum lease payments are as follows:



Years Ending June 30,	Lease Payments
2020	$	15,559
2021	13,539
2022	11,860
2023	10,169
2024	8,835
Thereafter	11,671
Total	$	71,633

Income Taxes Income Taxes (Tables)

12 Months Ended

Jun. 30, 2019

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The provision/ (benefit) for income taxes consists of the following:



	Year Ended June 30,
	2019		2018			2017
Current:
Federal	$	54,800	$	56,060		$	80,752
State	12,946		9,948			9,469
Deferred:
Federal	4,177		(80,509		)	17,017
State	3,427		5,625			4,170
	$	75,350	$	(8,876	)	$	111,408

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The tax effects of temporary differences related to deferred taxes shown on the balance sheets were:



	June 30,
	2019			2018
Deferred tax assets:
Contract and service revenues	$	13,450		$	—
Expense reserves (bad debts, insurance, franchise tax and vacation)	14,325			11,164
Net operating loss and tax credit carryforwards	2,713			2,759
Other, net	851			2,711
Total gross deferred tax assets	31,339			16,634
Valuation allowance	(415		)	(515		)
Net deferred tax assets	30,924			16,119

Deferred tax liabilities:
Accelerated tax depreciation	(31,846		)	(32,026		)
Accelerated tax amortization	(154,633		)	(141,274		)
Contract and service revenues	—			(5,067		)
Contract and service costs	(61,455		)	(46,055		)
Total gross deferred liabilities	(247,934		)	(224,422		)

Net deferred tax liability	$	(217,010	)	$	(208,303	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The following analysis reconciles the statutory federal income tax rate to the effective income tax rates reflected above:



	Year Ended June 30,
	2019		2018		2017
Computed "expected" tax expense	21.0	%	28.1	%	35.0	%
Increase (reduction) in taxes resulting from:
State income taxes, net of federal income tax benefits	3.7	%	2.9	%	2.6	%
Research and development credit	(2.5	)%	(2.0	)%	(2.1	)%
Domestic production activities deduction	—	%	(1.4	)%	(2.3	)%
TCJA deferred tax rate re-measurement	—	%	(30.0	)%	—	%
Tax effects of share-based payments	(1.4	)%	(0.8	)%	(0.8	)%
Other (net)	0.9	%	0.7	%	0.3	%
	21.7	%	(2.5	)%	32.7	%

Summary of Positions for which Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Table Text Block]

A reconciliation of the unrecognized tax benefits for the fiscal years ended June 30, 2019 and 2018 follows:



	Unrecognized Tax Benefits
Balance at July 1, 2017	$	5,449
Additions for current year tax positions	2,157
Reductions for current year tax positions	—
Additions for prior year tax positions	3,130
Reductions for prior year tax positions	(55		)
Additions related to business combinations	510
Settlements	(161		)
Reductions related to expirations of statute of limitations	(803		)
Balance at June 30, 2018	10,227
Additions for current year tax positions	1,135
Reductions for current year tax positions	(40		)
Additions for prior year tax positions	562
Reductions for prior year tax positions	(531		)
Additions related to business combinations	43
Settlements	(25		)
Reductions related to expirations of statute of limitations	(876		)
Balance at June 30, 2019	$	10,495

Stock Based Compensation (Tables)

12 Months Ended

Jun. 30, 2019

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Share-based Compensation, Stock Options, Activity [Table Text Block]

A summary of option plan activity under the plans is as follows:



	Number of Shares		Weighted Average Exercise Price		Aggregate Intrinsic Value
Outstanding July 1, 2016	50		$	22.14
Granted	32		87.27
Forfeited	—		—
Exercised	(10	)	28.52
Outstanding July 1, 2017	72		50.04
Granted	—		—
Forfeited	—		—
Exercised	(20	)	17.45
Outstanding July 1, 2018	52		62.65
Granted	—		—
Forfeited	—		—
Exercised	(20	)	23.65
Outstanding June 30, 2019	32		$	87.27	$	1,478
Vested and Expected to Vest June 30, 2019	32		$	87.27	$	1,478
Exercisable June 30, 2019	—		$	—	$	—

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The assumptions used in estimating fair value and resulting compensation expenses at the grant dates are as follows:



Expected Life (years)	6.50 years
Volatility	19.60	%
Risk-free interest rate	1.24	%
Dividend yield	1.28	%

Schedule of Nonvested Restricted Stock Activity [Table Text Block]

The following table summarizes non-vested share awards activity:



Share awards	Shares		Weighted Average Grant Date Fair Value
Outstanding July 1, 2016	58		$	44.95
Granted	17		87.27
Vested	(38	)	37.00
Forfeited	(1	)	65.52
Outstanding July 1, 2017	36		73.66
Granted	—		—
Vested	(12	)	58.61
Forfeited	(1	)	64.60
Outstanding July 1, 2018	23		81.33
Granted	—		—
Vested	(17	)	79.41
Forfeited	—		—
Outstanding June 30, 2019	6		$	87.27

Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]

The following table summarizes non-vested unit awards as of June 30, 2019, as well as activity for the fiscal year then ended:



Unit awards	Shares		Weighted Average Grant Date Fair Value		Aggregate Intrinsic Value
Outstanding July 1, 2016	429		$	58.06
Granted	130		77.75
Vested	(136	)	50.12
Forfeited	(37	)	54.30
Outstanding July 1, 2017	386		67.84
Granted	125		98.41
Vested	(156	)	57.00
Forfeited	(4	)	81.83
Outstanding July 1, 2018	351		83.37
Granted	80		169.53
Vested	(129	)	82.06
Forfeited	(4	)	92.32
Outstanding June 30, 2019	298		$107.00		$39,867

ScheduleOfShareBasedPaymentAwardRSUValuationAssumptionsTableTextBlock [Table Text Block]

The weighted average assumptions used in this model to estimate fair value at the grant dates are as follows:



	Year Ended June 30,
	2019		2018		2017
Volatility	15.3	%	15.6	%	16.0	%
Risk free interest rate	2.89	%	1.55	%	0.93	%
Dividend yield	0.9	%	1.2	%	1.3	%
Stock Beta	0.669		0.687		0.684

Earnings Per Share (Tables)

12 Months Ended

Jun. 30, 2019

Earnings Per Share, Basic and Diluted [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following table reflects the reconciliation between basic and diluted earnings per share.



	Year Ended June 30,
	2019		2018		2017
Net Income	$	271,885	$	365,034	$	229,561
Common share information:
Weighted average shares outstanding for basic earnings per share	77,160		77,252		77,856
Dilutive effect of stock options and restricted stock	187		333		399
Weighted average shares outstanding for diluted earnings per share	77,347		77,585		78,255
Basic earnings per share	$	3.52	$	4.73	$	2.95
Diluted earnings per share	$	3.52	$	4.70	$	2.93

Business Acquisitions (Tables)

12 Months Ended

Jun. 30, 2019

BOLTS Technologies, Inc. [Member]

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]



Current assets	$	1,384
Identifiable intangible assets	2,274
Total other liabilities assumed	(1,505		)
Total identifiable net assets	2,153
Goodwill	12,893
Net assets acquired	$	15,046

Agiletics, Inc. [Member]

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]



Current assets	$	2,170
Identifiable intangible assets	3,090
Non-current deferred income tax liability	(872		)
Total other liabilities assumed	(738		)
Total identifiable net assets	3,650
Goodwill	3,999
Net assets acquired	$	7,649

Ensenta Corporation [Member]

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]



Current assets	$	14,125
Long-term assets	586
Identifiable intangible assets	58,806
Non-current deferred income tax liability	(21,859		)
Total other liabilities assumed	(8,496		)
Total identifiable net assets	43,162
Goodwill	91,219
Net assets acquired	$	134,381

Business Acquisition, Pro Forma Information [Table Text Block]

The following unaudited pro forma consolidated financial information is presented as if this acquisition had occurred at the beginning of the prior period presented. In addition, this unaudited pro forma financial information is provided for illustrative purposes only and should not be relied upon as necessarily being indicative of the historical results that would have been obtained if the acquisition had actually occurred during this period, or the results that may be obtained in the future as a result of the acquisition.



	Year Ended
	June 30,
	2019		2018		2017
	Actuals		Proforma		Proforma
Revenue	$	1,552,691	$	1,483,915	$	1,411,873
Net Income	271,885		366,544		231,696
Basic Earnings Per Share	$	3.52	$	4.74	$	2.98
Diluted Earnings Per Share	$	3.52	$	4.72	$	2.96

Vanguard Software Group [Member]

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]



Current assets	$	1,153
Long-term assets	9
Identifiable intangible assets	4,200
Total liabilities assumed	(1,117		)
Total identifiable net assets	4,245
Goodwill	6,499
Net assets acquired	$	10,744

Reportable Segment Information (Tables)

12 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]



	Year Ended
	June 30, 2019
	Core		Payments		Complementary		Corporate & Other			Total
REVENUE
Services and Support	$	506,007	$	52,756	$	348,631	$	51,095		$	958,489
Processing	28,422		495,563		69,584		633			594,202
Total Revenue	534,429		548,319		418,215		51,728			1,552,691

Cost of Revenue	243,989		273,261		175,737		230,043			923,030
Research and Development										96,378
Selling, General, and Administrative										185,998
Gain on Disposal of Businesses										—
Total Expenses										1,205,406

SEGMENT INCOME	$	290,440	$	275,058	$	242,478	$	(178,315	)

OPERATING INCOME										347,285

INTEREST INCOME (EXPENSE)										(50		)

INCOME BEFORE INCOME TAXES										$	347,235



	Year Ended
	June 30, 2018
	Core		Payments		Complementary		Corporate & Other			Total
REVENUE
Services and Support	$	482,216	$	47,641	$	333,812	$	57,070		$	920,739
Processing	27,605		460,690		61,607		156			550,058
Total Revenue	509,821		508,331		395,419		57,226			1,470,797

Cost of Revenue	232,868		245,269		163,905		211,096			853,138
Research and Development										90,340
Selling, General, and Administrative										171,710
Gain on Disposal of Businesses										(1,894		)
Total Expenses										1,113,294

SEGMENT INCOME	$	276,953	$	263,062	$	231,514	$	(153,870	)

OPERATING INCOME										357,503

INTEREST INCOME (EXPENSE)										(1,345		)

INCOME BEFORE INCOME TAXES										$	356,158



	Year Ended
	June 30, 2017
	Core		Payments		Complementary		Corporate & Other			Total
REVENUE
Services and Support	$	452,712	$	43,477	$	322,784	$	62,762		$	881,735
Processing	24,893		428,511		53,027		124			506,555
Total Revenue	477,605		471,988		375,811		62,886			1,388,290

Cost of Revenue	219,440		222,685		155,084		208,646			805,855
Research and Development										84,753
Selling, General, and Administrative										159,235
Gain on Disposal of Businesses										(3,270		)
Total Expenses										1,046,573

SEGMENT INCOME	$	258,165	$	249,303	$	220,727	$	(145,760	)

OPERATING INCOME										341,717

INTEREST INCOME (EXPENSE)										(748		)

INCOME BEFORE INCOME TAXES										$	340,969

Quarterly Financial Information (Tables)

12 Months Ended

Jun. 30, 2019

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information [Table Text Block]



	For the Year Ended June 30, 2019
	Quarter 1			Quarter 2			Quarter 3			Quarter 4			Total

REVENUE	$	392,543		$	386,275		$	380,364		$	393,509		$	1,552,691

EXPENSES
Cost of Revenue	220,112			227,284			235,594			240,040			923,030
Research & Development	24,026			23,990			23,442			24,920			96,378
Selling, General, & Administrative	45,183			46,797			44,887			49,131			185,998
Total Expenses	289,321			298,071			303,923			314,091			1,205,406

OPERATING INCOME	103,222			88,204			76,441			79,418			347,285

INTEREST INCOME (EXPENSE)
Interest income	291			252			155			178			876
Interest expense	(147		)	(148		)	(224		)	(407		)	(926		)
Total interest income (expense)	144			104			(69		)	(229		)	(50		)

INCOME BEFORE INCOME TAXES	103,366			88,308			76,372			79,189			347,235

PROVISION/ (BENEFIT) FOR INCOME TAXES	19,815			20,219			17,120			18,196			75,350

NET INCOME	$	83,551		$	68,089		$	59,252		$	60,993		$	271,885

Basic earnings per share	$	1.08		$	0.88		$	0.77		$	0.79		$	3.52
Basic weighted average shares outstanding	77,188			77,216			77,177			77,060			77,160

Diluted earnings per share	$	1.08		$	0.88		$	0.77		$	0.79		$	3.52
Diluted weighted average shares outstanding	77,537			77,409			77,286			77,157			77,347



	For the Year Ended June 30, 2018*
	Quarter 1			Quarter 2			Quarter 3			Quarter 4			Total

REVENUE	$	361,284		$	357,209		$	374,048		$	378,256		$	1,470,797

EXPENSES
Cost of Revenue	203,915			207,100			218,517			223,606			853,138
Research & Development	20,929			22,414			22,591			24,406			90,340
Selling, General, & Administrative	41,088			43,094			42,234			45,294			171,710
Gain on disposal of businesses	(1,705		)	(189		)	—			—			(1,894		)
Total Expenses	264,227			272,419			283,342			293,306			1,113,294

OPERATING INCOME	97,057			84,790			90,706			84,950			357,503

INTEREST INCOME (EXPENSE)
Interest income	147			146			130			152			575
Interest expense	(189		)	(250		)	(734		)	(747		)	(1,920		)
Total interest income (expense)	(42		)	(104		)	(604		)	(595		)	(1,345		)

INCOME BEFORE INCOME TAXES	97,015			84,686			90,102			84,355			356,158

PROVISION/ (BENEFIT) FOR INCOME TAXES	30,145			(76,557		)	21,017			16,519			(8,876		)

NET INCOME	$	66,870		$	161,243		$	69,085		$	67,836		$	365,034

Basic net income per share	$	0.87		$	2.09		$	0.89		$	0.88		$	4.73
Basic weighted average shares outstanding	77,283			77,218			77,247			77,261			77,252

Diluted net income per share	$	0.86		$	2.08		$	0.89		$	0.87		$	4.70
Diluted weighted average shares outstanding	77,646			77,565			77,546			77,585			77,585

Nature of Operations and Summary of Significant Accounting Policies Prior Period Reclassification (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Assets held for sale	$ 6,355	$ 1,300
Property and equipment, net	272,474	285,550
Accounts payable	9,850	30,360
Deferred costs	35,102	22,991
Prepaid expenses and other	$ 106,466	96,069
Previously Reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Property and equipment, net		285,550
Accounts payable		30,360
Deferred costs		34,907
Prepaid expenses and other		84,738
Restatement Adjustment [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Assets held for sale		1,300
Accounts payable		(4,150)
Deferred costs		(4,078)
Prepaid expenses and other		(72)
Restatement Adjustment [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Assets held for sale		1,300
Property and equipment, net		$ (1,300)

Nature of Operations and Summary of Significant Accounting Policies Revenue Recognition- Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Disaggregation of Revenue [Line Items]
REVENUE	$ 393,509	$ 380,364	$ 386,275	$ 392,543	$ 378,256	$ 374,048	$ 357,209	$ 361,284	$ 1,552,691	$ 1,470,797	$ 1,388,290
Outsourcing & Cloud [Member]
Disaggregation of Revenue [Line Items]
REVENUE									405,359	361,922	327,738
Product Delivery and Service [Member]
Disaggregation of Revenue [Line Items]
REVENUE									231,982	251,743	256,794
In-House Support [Member]
Disaggregation of Revenue [Line Items]
REVENUE									$ 321,148	$ 307,074	$ 297,203

Nature of Operations and Summary of Significant Accounting Policies Revenue Recognition- Contract Balances (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
Revenue from Contract with Customer [Abstract]
Receivables, net	$ 310,080	$ 297,271
Contract Assets- Current	21,446	14,063
Contract Assets- Non-current	50,640	35,630
Contract Liabilities (Deferred Revenue)- Current	339,752	328,931
Contract Liabilities (Deferred Revenue)- Non-current	$ 54,554	$ 40,984

Nature of Operations and Summary of Significant Accounting Policies Revenue Recognition- Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Revenue from Contract with Customer [Abstract]
Revenue, Remaining Performance Obligation, Amount	$ 3,640,955
Contract with Customer, Liability, Revenue Recognized	265,946	$ 269,593	$ 264,517
Capitalized Contract Cost, Net	231,273	176,954
Capitalized Contract Cost, Amortization	$ 110,894	$ 94,337	$ 88,064

Nature of Operations and Summary of Significant Accounting Policies Revenue Recognition Narrative- Remaining Performance Obligation Timing of Satisfaction (Details)	Jun. 30, 2019 Rate
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Percentage	30.00%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Percentage	18.00%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	12 months

Nature of Operations and Summary of Significant Accounting Policies Purchase of Investment (Details) $ in Thousands	Jun. 30, 2019 USD ($)
Automated Bookkeeping, Inc. [Member] \| Preferred stock
Equity Securities without Readily Determinable Fair Value [Line Items]
Cost Method Investments, Original Cost	$ 5,000

Treasury Stock (Details) - USD ($) $ in Thousands	12 Months Ended
Treasury Stock (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Equity [Abstract]
Treasury Stock, Shares	26,507,903	26,107,903
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased	3,483,000	3,883,000
Treasury Stock, Value	$ 1,110,124	$ 1,055,260
Treasury Stock, Shares, Acquired	400,000
Purchase of treasury stock	$ 54,864	$ 48,986	$ 130,140

Nature of Operations and Summary of Significant Accounting Policies Impact of Adoption of ASC 606 on Previously Reported Balance Sheet (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
CURRENT ASSETS:
Cash and cash equivalents	$ 93,628	$ 31,440	$ 114,765	$ 70,310
Receivables, net	310,080	297,271
Income tax receivable	17,817	21,671
Prepaid expenses and other	106,466	96,069
Deferred costs	35,102	22,991
Assets held for sale	6,355	1,300
Total current assets	569,448	470,742
PROPERTY AND EQUIPMENT, net	272,474	285,550
OTHER ASSETS:
Non-current deferred costs	90,084	74,865
Computer software, net of amortization	318,969	288,172
Other non-current assets	134,743	110,299
Other intangible assets, net of amortization	31,514	38,467
Goodwill	666,944	649,929
Total other assets	1,342,907	1,276,766
Total assets	2,184,829	2,033,058
CURRENT LIABILITIES:
Accounts payable	9,850	30,360
Accrued expenses	120,360	88,764
Deferred revenues	339,752	328,931
Total current liabilities	469,962	448,055
LONG-TERM LIABILITIES:
Non-current deferred revenues	54,554	40,984
Deferred income tax liability	217,010	208,303
Other long-term liabilities	14,290	12,872
Total long-term liabilities	285,854	262,159
Total liabilities	755,816	710,214
STOCKHOLDERS' EQUITY
Preferred stock - $1 par value; 500,000 shares authorized, none issued	0	0
Common stock - $0.01 par value; 250,000,000 shares authorized; 103,278,562 shares issued at June 30, 2018	1,035	1,033
Additional paid-in capital	472,029	464,138
Retained earnings	2,066,073	1,912,933
Less treasury stock at cost; 26,107,903 shares at June 30, 2018	(1,110,124)	(1,055,260)
Total stockholders' equity	1,429,013	1,322,844	1,099,693
Total liabilities and equity	2,184,829	2,033,058
Previously Reported [Member]
CURRENT ASSETS:
Cash and cash equivalents		31,440	114,765	70,310
Receivables, net		291,630
Income tax receivable		21,671
Prepaid expenses and other		84,738
Deferred costs		34,907
Total current assets		465,686
PROPERTY AND EQUIPMENT, net		285,550
OTHER ASSETS:
Non-current deferred costs		95,540
Computer software, net of amortization		288,172
Other non-current assets		107,775
Other intangible assets, net of amortization		38,467
Goodwill		649,929
Total other assets		1,294,917
Total assets		2,046,153
CURRENT LIABILITIES:
Accounts payable		30,360
Accrued expenses		97,848
Deferred revenues		355,538
Total current liabilities		483,746
LONG-TERM LIABILITIES:
Non-current deferred revenues		93,094
Deferred income tax liability		189,613
Other long-term liabilities		12,872
Total long-term liabilities		295,579
Total liabilities		779,325
STOCKHOLDERS' EQUITY
Preferred stock - $1 par value; 500,000 shares authorized, none issued		0
Common stock - $0.01 par value; 250,000,000 shares authorized; 103,278,562 shares issued at June 30, 2018		1,033
Additional paid-in capital		464,138
Retained earnings		1,856,917
Less treasury stock at cost; 26,107,903 shares at June 30, 2018		(1,055,260)
Total stockholders' equity		1,266,828
Total liabilities and equity		2,046,153
Restatement Adjustment [Member]
CURRENT ASSETS:
Prepaid expenses and other		(72)
Deferred costs		(4,078)
Assets held for sale		1,300
CURRENT LIABILITIES:
Accounts payable		(4,150)
Deferred revenues		(23,500)
LONG-TERM LIABILITIES:
Non-current deferred revenues		23,500
Accounting Standards Update 2014-09 [Member]
CURRENT ASSETS:
Cash and cash equivalents		0	$ 0	$ 0
Receivables, net		5,641
Income tax receivable		0
Prepaid expenses and other		11,331
Deferred costs		(11,916)
Assets held for sale		0
Total current assets		5,056
PROPERTY AND EQUIPMENT, net		0
OTHER ASSETS:
Non-current deferred costs		(20,675)
Computer software, net of amortization		0
Other non-current assets		2,524
Other intangible assets, net of amortization		0
Goodwill		0
Total other assets		(18,151)
Total assets		(13,095)
CURRENT LIABILITIES:
Accounts payable		0
Accrued expenses		(9,084)
Deferred revenues		(26,607)
Total current liabilities		(35,691)
LONG-TERM LIABILITIES:
Non-current deferred revenues		(52,110)
Deferred income tax liability		18,690
Other long-term liabilities		0
Total long-term liabilities		(33,420)
Total liabilities		(69,111)
STOCKHOLDERS' EQUITY
Preferred stock - $1 par value; 500,000 shares authorized, none issued		0
Common stock - $0.01 par value; 250,000,000 shares authorized; 103,278,562 shares issued at June 30, 2018		0
Additional paid-in capital		0
Retained earnings		56,016
Less treasury stock at cost; 26,107,903 shares at June 30, 2018		0
Total stockholders' equity		56,016
Total liabilities and equity		(13,095)
Customer Relationships [Member]
OTHER ASSETS:
Customer relationships, net of amortization	$ 100,653	115,034
Customer Relationships [Member] \| Previously Reported [Member]
OTHER ASSETS:
Customer relationships, net of amortization		115,034
Customer Relationships [Member] \| Accounting Standards Update 2014-09 [Member]
OTHER ASSETS:
Customer relationships, net of amortization		$ 0

Nature of Operations and Summary of Significant Accounting Policies Impact of Adoption of ASC 606 on Previously Reported Statement of Income (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
REVENUE	$ 393,509	$ 380,364	$ 386,275	$ 392,543	$ 378,256	$ 374,048	$ 357,209	$ 361,284	$ 1,552,691	$ 1,470,797	$ 1,388,290
EXPENSES
Cost of Revenue	240,040	235,594	227,284	220,112	223,606	218,517	207,100	203,915	923,030	853,138	805,855
Research and Development	24,920	23,442	23,990	24,026	24,406	22,591	22,414	20,929	96,378	90,340	84,753
Selling, General and Administrative	49,131	44,887	46,797	45,183	45,294	42,234	43,094	41,088	185,998	171,710	159,235
Gain on Disposal of Businesses					0	0	(189)	(1,705)	0	(1,894)	(3,270)
Total Expenses	314,091	303,923	298,071	289,321	293,306	283,342	272,419	264,227	1,205,406	1,113,294	1,046,573
OPERATING INCOME	79,418	76,441	88,204	103,222	84,950	90,706	84,790	97,057	347,285	357,503	341,717
INTEREST INCOME (EXPENSE)
Interest Income	178	155	252	291	152	130	146	147	876	575	248
Interest Expense	(407)	(224)	(148)	(147)	(747)	(734)	(250)	(189)	(926)	(1,920)	(996)
Total Interest Income (Expense)	(229)	(69)	104	144	(595)	(604)	(104)	(42)	(50)	(1,345)	(748)
INCOME BEFORE INCOME TAXES	79,189	76,372	88,308	103,366	84,355	90,102	84,686	97,015	347,235	356,158	340,969
PROVISION/ (BENEFIT) FOR INCOME TAXES	18,196	17,120	20,219	19,815	16,519	21,017	(76,557)	30,145	75,350	(8,876)	111,408
NET INCOME	$ 60,993	$ 59,252	$ 68,089	$ 83,551	$ 67,836	$ 69,085	$ 161,243	$ 66,870	$ 271,885	$ 365,034	$ 229,561
Earnings Per Share
Basic earnings per share	$ 0.79	$ 0.77	$ 0.88	$ 1.08	$ 0.88	$ 0.89	$ 2.09	$ 0.87	$ 3.52	$ 4.73	$ 2.95
Basic weighted average shares outstanding	77,060	77,177	77,216	77,188	77,261	77,247	77,218	77,283	77,160	77,252	77,856
Diluted earnings per share	$ 0.79	$ 0.77	$ 0.88	$ 1.08	$ 0.87	$ 0.89	$ 2.08	$ 0.86	$ 3.52	$ 4.70	$ 2.93
Diluted weighted average shares outstanding	77,157	77,286	77,409	77,537	77,585	77,546	77,565	77,646	77,347	77,585	78,255
Previously Reported [Member]
REVENUE										$ 1,536,603	$ 1,431,117
EXPENSES
Cost of Revenue										873,642	819,034
Research and Development										90,340	84,753
Selling, General and Administrative										182,146	162,898
Gain on Disposal of Businesses										(1,894)	(3,270)
Total Expenses										1,144,234	1,063,415
OPERATING INCOME										392,369	367,702
INTEREST INCOME (EXPENSE)
Interest Income										575	248
Interest Expense										(1,920)	(996)
Total Interest Income (Expense)										(1,345)	(748)
INCOME BEFORE INCOME TAXES										391,024	366,954
PROVISION/ (BENEFIT) FOR INCOME TAXES										14,364	121,161
NET INCOME										$ 376,660	$ 245,793
Earnings Per Share
Basic earnings per share										$ 4.88	$ 3.16
Diluted earnings per share										$ 4.85	$ 3.14
Accounting Standards Update 2014-09 [Member]
REVENUE										$ (65,806)	$ (42,827)
EXPENSES
Cost of Revenue										(20,504)	(13,179)
Research and Development										0	0
Selling, General and Administrative										(10,436)	(3,663)
Gain on Disposal of Businesses										0	0
Total Expenses										(30,940)	(16,842)
OPERATING INCOME										(34,866)	(25,985)
INTEREST INCOME (EXPENSE)
Interest Income										0	0
Interest Expense										0	0
Total Interest Income (Expense)										0	0
INCOME BEFORE INCOME TAXES										(34,866)	(25,985)
PROVISION/ (BENEFIT) FOR INCOME TAXES										(23,240)	(9,753)
NET INCOME										$ (11,626)	$ (16,232)

Nature of Operations and Summary of Significant Accounting Policies Impact of Adoption of ASC 606 on Previously Reported Statement of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income	$ 271,885	$ 365,034	$ 229,561
Adjustments to reconcile net income to net cash from operating activities:
Depreciation	47,378	47,975	49,677
Amortization	113,255	104,011	90,109
Change in deferred income taxes	7,604	(74,884)	21,187
Expense for stock-based compensation	12,589	11,758	11,129
(Gain)/loss on disposal of assets and businesses	161	(954)	4,771
Changes in operating assets and liabilities:
Change in receivables	(11,777)	21,489	(33,096)
Change in prepaid expenses, deferred costs and other	(62,165)	(82,663)	(24,992)
Change in accounts payable	(7,526)	6,922	(7,812)
Change in accrued expenses	31,889	7,091	(11,966)
Change in income taxes	4,179	5,108	(6,444)
Change in deferred revenues	23,656	1,255	35,198
Net cash from operating activities	431,128	412,142	357,322
CASH FLOWS FROM INVESTING ACTIVITIES:
Payment for acquisitions, net of cash acquired	(19,981)	(137,562)	0
Capital expenditures	(53,598)	(40,135)	(41,947)
Proceeds from the sale of businesses	0	350	5,632
Proceeds from the sale of assets	127	306	968
Purchased software	(6,049)	(13,138)	(16,608)
Computer software developed	(111,114)	(96,647)	(89,631)
Purchase of investments	0	(5,000)	0
Net cash from investing activities	(190,635)	(291,826)	(141,586)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings on credit facilities	35,000	125,000	80,000
Repayments on credit facilities	(35,000)	(175,000)	(30,200)
Purchase of treasury stock	(54,864)	(48,986)	(130,140)
Dividends paid	(118,745)	(105,021)	(91,707)
Proceeds from issuance of common stock upon exercise of stock options	237	176	1
Tax withholding payments related to share based compensation	(13,973)	(7,333)	(5,480)
Proceeds from sale of common stock	9,040	7,523	6,245
Net cash from financing activities	(178,305)	(203,641)	(171,281)
NET CHANGE IN CASH AND CASH EQUIVALENTS	62,188	(83,325)	44,455
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	31,440	114,765	70,310
CASH AND CASH EQUIVALENTS, END OF PERIOD	93,628	31,440	114,765
Previously Reported [Member]
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income		376,660	245,793
Adjustments to reconcile net income to net cash from operating activities:
Depreciation		47,975	49,677
Amortization		104,011	90,109
Change in deferred income taxes		(51,644)	30,940
Expense for stock-based compensation		11,758	11,129
(Gain)/loss on disposal of assets and businesses		(954)	4,771
Changes in operating assets and liabilities:
Change in receivables		(9,219)	(22,499)
Change in prepaid expenses, deferred costs and other		(24,304)	(25,088)
Change in accounts payable		6,922	(7,812)
Change in accrued expenses		9,091	(4,454)
Change in income taxes		5,108	(6,444)
Change in deferred revenues		(63,262)	(8,800)
Net cash from operating activities		412,142	357,322
CASH FLOWS FROM INVESTING ACTIVITIES:
Payment for acquisitions, net of cash acquired		(137,562)	0
Capital expenditures		(40,135)	(41,947)
Proceeds from the sale of businesses		350	5,632
Proceeds from the sale of assets		306	968
Purchased software		(13,138)	(16,608)
Computer software developed		(96,647)	(89,631)
Purchase of investments		(5,000)	0
Net cash from investing activities		(291,826)	(141,586)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings on credit facilities		125,000	80,000
Repayments on credit facilities		(175,000)	(30,200)
Purchase of treasury stock		(48,986)	(130,140)
Dividends paid		(105,021)	(91,707)
Proceeds from issuance of common stock upon exercise of stock options		176	1
Tax withholding payments related to share based compensation		(7,333)	(5,480)
Proceeds from sale of common stock		7,523	6,245
Net cash from financing activities		(203,641)	(171,281)
NET CHANGE IN CASH AND CASH EQUIVALENTS		(83,325)	44,455
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	31,440	114,765	70,310
CASH AND CASH EQUIVALENTS, END OF PERIOD		31,440	114,765
Accounting Standards Update 2014-09 [Member]
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income		(11,626)	(16,232)
Adjustments to reconcile net income to net cash from operating activities:
Depreciation		0	0
Amortization		0	0
Change in deferred income taxes		(23,240)	(9,753)
Expense for stock-based compensation		0	0
(Gain)/loss on disposal of assets and businesses		0	0
Changes in operating assets and liabilities:
Change in receivables		30,708	(10,597)
Change in prepaid expenses, deferred costs and other		(58,359)	96
Change in accounts payable		0	0
Change in accrued expenses		(2,000)	(7,512)
Change in income taxes		0	0
Change in deferred revenues		64,517	43,998
Net cash from operating activities		0	0
CASH FLOWS FROM INVESTING ACTIVITIES:
Payment for acquisitions, net of cash acquired		0	0
Capital expenditures		0	0
Proceeds from the sale of businesses		0	0
Proceeds from the sale of assets		0	0
Purchased software		0	0
Computer software developed		0	0
Purchase of investments		0	0
Net cash from investing activities		0	0
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings on credit facilities		0	0
Repayments on credit facilities		0	0
Purchase of treasury stock		0	0
Dividends paid		0	0
Proceeds from issuance of common stock upon exercise of stock options		0	0
Tax withholding payments related to share based compensation		0	0
Proceeds from sale of common stock		0	0
Net cash from financing activities		0	0
NET CHANGE IN CASH AND CASH EQUIVALENTS		0	0
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	$ 0	0	0
CASH AND CASH EQUIVALENTS, END OF PERIOD		$ 0	$ 0

Nature of Operations and Summary of Significant Accounting Policies Recent Accounting Pronouncements Not Yet Adopted (Details) - Scenario, Forecast [Member] - Accounting Standards Update 2016-02 [Member] $ in Thousands	Jul. 01, 2019 USD ($)
Maximum [Member]
Operating Leased Assets [Line Items]
Operating Lease, Liability	$ 75,000
Operating Lease, Right-of-Use Asset	73,000
Minimum [Member]
Operating Leased Assets [Line Items]
Operating Lease, Liability	73,000
Operating Lease, Right-of-Use Asset	$ 70,000

Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2017	Jun. 30, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets held for sale, carrying value prior to impairment			$ 4,575
Impairment of Long-Lived Assets to be Disposed of	$ 0	$ (3,275)
Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets held for sale	1,300		1,300
Fair Value, Measurements, Nonrecurring [Member] \| Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets held for sale	0		0
Fair Value, Measurements, Nonrecurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets held for sale	1,300		1,300
Fair Value, Measurements, Nonrecurring [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets held for sale	0		0
Money Market Funds [Member] \| Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	81,945		14,918
Money Market Funds [Member] \| Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	81,945		14,918
Money Market Funds [Member] \| Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0		0
Money Market Funds [Member] \| Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	$ 0		$ 0

Property and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
Property and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Land	$ 23,243	$ 24,845
Land improvements	25,209	25,383
Buildings	147,220	143,918
Leasehold improvements	48,478	48,060
Equipment and furniture	365,101	328,864
Aircraft and equipment	39,293	38,761
Construction in progress	12,411	39,872
Property and equipment, total	660,955	649,703
Less accumulated depreciation	388,481	364,153
Property and equipment, net	272,474	285,550
Liabilities Assumed	14,315	15,674
Impairment of Long-Lived Assets to be Disposed of	0		$ 3,275
Assets held for sale	$ 6,355	1,300
Land Improvements [Member] \| Minimum [Member]
Estimated Useful Life	5 years
Land Improvements [Member] \| Maximum [Member]
Estimated Useful Life	20 years
Building [Member] \| Minimum [Member]
Estimated Useful Life	20 years
Building [Member] \| Maximum [Member]
Estimated Useful Life	30 years
Leasehold Improvements [Member] \| Minimum [Member]
Estimated Useful Life	5 years
Leasehold Improvements [Member] \| Maximum [Member]
Estimated Useful Life	30 years
Equipment [Member] \| Minimum [Member]
Estimated Useful Life	3 years
Equipment [Member] \| Maximum [Member]
Estimated Useful Life	10 years
Flight Equipment [Member] \| Minimum [Member]
Estimated Useful Life	4 years
Flight Equipment [Member] \| Maximum [Member]
Estimated Useful Life	10 years
Houston, TX [Member]
Assets held for sale	$ 5,055
Elizabethtown, KY [Member]
Assets held for sale		$ 1,300

Other Assets Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
Other Assets Goodwill (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 649,929
Goodwill, acquired during the year	17,015	$ 97,597
Goodwill, ending balance	666,944	649,929
Core Segment [Member]
Goodwill [Roll Forward]
Goodwill, beginning balance	195,956	195,956
Goodwill, acquired during the year	4,000	0
Goodwill, written off related to sale	0	0
Goodwill, ending balance	199,956	195,956
Payments [Member]
Goodwill [Roll Forward]
Goodwill, beginning balance	325,204	234,106
Goodwill, acquired during the year	122	91,098
Goodwill, written off related to sale	0	0
Goodwill, ending balance	325,326	325,204
Complementary [Member]
Goodwill [Roll Forward]
Goodwill, beginning balance	128,769	122,403
Goodwill, acquired during the year	12,893	6,499
Goodwill, written off related to sale	0	(133)
Goodwill, ending balance	141,662	128,769
BOLTS Technologies, Inc. [Member]
Goodwill [Roll Forward]
Goodwill, acquired during the year	12,893
Agiletics, Inc. [Member]
Goodwill [Roll Forward]
Goodwill, acquired during the year	$ 3,999
Ensenta Corporation [Member]
Goodwill [Roll Forward]
Goodwill, acquired during the year		$ 91,098

Other Assets Other Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Acquired Finite-Lived Intangible Assets [Line Items]
Capitalized Computer Software, Net	$ 318,969	$ 288,172
Impairment of Intangible Assets (Excluding Goodwill)	0	0	$ 0
Amortization	113,255	104,011	90,109
Customer Relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	305,512	302,727
Finite-Lived Intangible Assets, Accumulated Amortization	204,859	187,693
Finite-Lived Intangible Assets, Net of Amortization	100,653	115,034
Computer Software [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	759,671	653,407
Finite-Lived Intangible Assets, Accumulated Amortization	440,702	365,235
Finite-Lived Intangible Assets, Net of Amortization	318,969	288,172
Amortization	82,605	72,859	$ 60,880
Other Intangible Assets [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	93,471	88,017
Finite-Lived Intangible Assets, Accumulated Amortization	61,957	49,550
Finite-Lived Intangible Assets, Net of Amortization	31,514	38,467
Computer Software to be Sold, Leased, or Marketed [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Capitalized Computer Software, Net	135,743	125,223
Internal Use Computer Software [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Capitalized Computer Software, Net	$ 183,226	$ 162,949
Minimum [Member] \| Customer Relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	5 years
Minimum [Member] \| Computer Software [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	5 years
Minimum [Member] \| Other Intangible Assets [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	3 years
Maximum [Member] \| Customer Relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	20 years
Maximum [Member] \| Computer Software [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	15 years
Maximum [Member] \| Other Intangible Assets [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	20 years

Other Assets Future Amortization Expense (Details) $ in Thousands	Jun. 30, 2019 USD ($)
2020	$ 100,871
2021	76,907
2022	57,678
2023	38,225
2024	19,837
Computer Software [Member]
2020	77,020
2021	58,153
2022	42,981
2023	27,454
2024	10,975
Customer Relationships [Member]
2020	14,665
2021	12,409
2022	11,260
2023	8,808
2024	7,547
Other Intangible Assets [Member]
2020	9,186
2021	6,345
2022	3,437
2023	1,963
2024	$ 1,315

Long Term (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
LONG TERM DEBT
Long-term Debt	$ 0	$ 0
Revolving Credit Facility [Member] \| Line of Credit [Member]
LONG TERM DEBT
Long-term Debt	$ 0

Debt Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
Debt Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Debt Instrument [Line Items]
Short-term Debt	$ 0	$ 0
Long-term Debt	0	0
Interest Paid, Including Capitalized Interest, Operating and Investing Activities	691	$ 1,747	$ 767
Revolving Credit Facility [Member] \| Line of Credit [Member]
Debt Instrument [Line Items]
Long-term Debt	0
Revolving Credit Facility, Current Borrowing Capacity	300,000
Revolving Credit Facility, Maximum Borrowing Capacity	$ 600,000
Revolving Credit Facility, Expiration Date	Feb. 20, 2020
Unsecured Debt [Member]
Debt Instrument [Line Items]
Unsecured Loan, Issuance Date	May 01, 2019
Unsecured Loan, Unused Borrowing Capacity	$ 5,000
Unsecured Loan, Maturity Date	Apr. 30, 2021
Unsecured Loan, Amount Outstanding	$ 0
Federal Funds Effective Swap Rate [Member] \| Revolving Credit Facility [Member] \| Line of Credit [Member]
Debt Instrument [Line Items]
Basis Spread on Variable Rate	0.50%
London Interbank Offered Rate (LIBOR) [Member] \| Revolving Credit Facility [Member] \| Line of Credit [Member]
Debt Instrument [Line Items]
Basis Spread on Variable Rate	1.00%
Prime Rate [Member] \| Unsecured Debt [Member]
Debt Instrument [Line Items]
Basis Spread on Variable Rate	(1.00%)

Commitments and Contingencies Long Term Commitments (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Material Commitments to Purchase Property and Equipment	$ 2,673	$ 2,076

Commitments and Contingencies Lease Commitments (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
2020	$ 15,559
2021	13,539
2022	11,860
2023	10,169
2024	8,835
Thereafter	11,671
Future Lease Payments	71,633
Operating Leases, Rent Expense	$ 15,196	$ 10,835	$ 10,195
Maximum [Member]
Lessee, Operating Lease, Term of Contract	11 years

Provision For Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Current Federal									$ 54,800	$ 56,060	$ 80,752
Current State									12,946	9,948	9,469
Deferred Federal									4,177	(80,509)	17,017
Deferred State									3,427	5,625	4,170
PROVISION FOR INCOME TAXES	$ 18,196	$ 17,120	$ 20,219	$ 19,815	$ 16,519	$ 21,017	$ (76,557)	$ 30,145	$ 75,350	$ (8,876)	$ 111,408

Deferred Tax Liability (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Contract and service revenues	$ 13,450	$ 0
Expense reserves (bad debts, insurance, franchise tax and vacation)	14,325	11,164
Net operating loss carryforwards	2,713	2,759
Other, net	851	2,711
Total gross deferred tax assets	31,339	16,634
Valuation allowance	(415)	(515)
Net deferred tax assets	30,924	16,119
Accelerated tax depreciation	(31,846)	(32,026)
Accelerated tax amortization	(154,633)	(141,274)
Contract and service revenues	0	(5,067)
Contract and service costs	(61,455)	(46,055)
Total gross deferred liabilities	247,934	224,422
Net deferred tax liability	$ (217,010)	$ (208,303)

Effective Tax Rate Reconciliation (Details)	12 Months Ended
Effective Tax Rate Reconciliation (Details)	Jun. 30, 2019 Rate	Dec. 31, 2018 Rate	Jun. 30, 2018 Rate	Dec. 31, 2017 Rate	Jun. 30, 2017 Rate
Income Tax Disclosure [Abstract]
Computed expected tax expense	21.00%	21.00%	28.10%	35.00%	35.00%
State income taxes, net of federal income tax benefits	3.70%		2.90%		2.60%
Research and development credit	(2.50%)		(2.00%)		(2.10%)
Domestic production activities deduction	(0.00%)		(1.40%)		(2.30%)
TCJA deferred tax rate re-measurement	(0.00%)		(30.00%)		(0.00%)
Tax effects of share-based payments	(1.40%)		(0.80%)		(0.80%)
Other (net)	0.90%		0.70%		0.30%
Effective Income Tax Rate	21.70%		(2.50%)		32.70%

Income Taxes Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
Income Taxes Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Computed expected tax expense	21.00%	21.00%	28.10%	35.00%	35.00%
Deferred Tax Assets, Valuation Allowance	$ 415		$ 515
Income Taxes Paid	62,005		60,382		$ 96,074
Unrecognized Tax Benefits	10,495		10,227		5,449
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	9,892		9,366
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	1,514		1,279
Income Tax penalties and interest expense (or benefits) included in income tax provision	128		$ 165		$ (105)
Internal Revenue Service (IRS) [Member]
Operating Loss Carryforwards	4,542
State and Local Jurisdiction [Member]
Operating Loss Carryforwards	651
Minimum [Member]
Expiration of statutes of limitations impact on UTB balance	3,000
Maximum [Member]
Expiration of statutes of limitations impact on UTB balance	$ 4,000

Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Unrecognized Tax Benefits, period start	$ 10,227	$ 5,449
Additions for current year tax positions	1,135	2,157
Reductions for current year tax positions	(40)	0
Additions for prior year tax positions	562	3,130
Reductions for prior year tax positions	(531)	(55)
Additions related to business combinations	43	510
Settlements	25	161
Reductions related to expirations of statute of limitations	(876)	(803)
Unrecognized Tax Benefits, period end	$ 10,495	$ 10,227

Industry and Supplier Concentrations Concentration Risk (Details)	12 Months Ended
	Jun. 30, 2019
Risks and Uncertainties [Abstract]
Concentration Risk, Customer	The Company sells its products to banks, credit unions, and financial institutions throughout the United States and generally does not require collateral. All billings to customers are due 30 days from date of billing. Reserves (which are insignificant at June 30, 2019 and 2018) are maintained for potential credit losses. Customer-related risks are moderated through the inclusion of credit mitigation clauses in the Company's contracts and through the monitoring of timely payments.
Concentration Risk, Supplier	In addition, some of the Company’s key solutions are dependent on technology manufactured by IBM Corporation and Microsoft. Termination of the Company’s relationship with either IBM or Microsoft could have a negative impact on the operations of the Company.

Stock Based Compensation Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expense for stock-based compensation	$ 12,589	$ 11,758	$ 11,129
Restricted Stock Plan Expense	10,828	10,256	9,861
Tax benefit from stock-based compensation expense	6,191	3,274	$ 2,638
Stock Options, Grants in Period, Weighted Average Grant Date Fair Value			$ 15.78
Restricted Shares and Units, Vested in Period, Fair Value	$ 34,645	$ 17,951	$ 15,085
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, number of shares	0	0	32,000
Compensation not yet recognized, stock options	$ 0
Total intrinsic value of options exercised	$ 2,289	$ 2,165	$ 747
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares Authorized	3,000,000
Granted, number of shares	0	0	17,000
Compensation expense yet to be recognized	$ 0
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, number of shares	80,000	125,000	130,000
Compensation expense yet to be recognized	$ 13,444
Compensation expense yet to be recognized, period for recognition	1 year 15 days
2015 EIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares Authorized	3,000,000
2015 EIP [Member] \| Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Requisite Service Period	3 years
Stock Option Termination Period After Termination of Employment	90 days
Stock Option Termination Period After Death	1 year
Stock Option Termination After Grant Date	10 years
2005 NSOP [Member] \| Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Requisite Service Period	4 years
Stock Option Termination Period After Death	1 year
Stock Option Termination After Grant Date	10 years
Vesting Period	6 months
Common Stock Reserved for Future Issuance	700
Common Stock Reserved for Future Issuance for each Director	100
Minimum [Member] \| Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Requisite Service Period	3 years
Minimum [Member] \| Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting Period	1 year
Maximum [Member] \| Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Requisite Service Period	5 years
Maximum [Member] \| Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting Period	3 years
Fair value on grant date less PV of dividends [Member] \| Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, number of shares	41,000
Fair value under Monte Carlo [Member] \| Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, number of shares	39,000
Percent vesting after one year of service [Member] \| 2005 NSOP [Member] \| Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Option, Percent Vesting	25.00%
Percent vesting after two years of service [Member] \| 2005 NSOP [Member] \| Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Option, Percent Vesting	50.00%
Percent vesting after three years of service [Member] \| 2005 NSOP [Member] \| Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Option, Percent Vesting	75.00%

Stock Options (Details) - Employee Stock Option [Member] - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding, period start, number of shares	52	72	50
Granted, number of shares	0	0	32
Forfeited, number of shares	0	0	0
Exercised, number of shares	(20)	(20)	(10)
Outstanding, period end, number of shares	32	52	72
Outstanding, period start, weighted average exercise price	$ 62.65	$ 50.04	$ 22.14
Granted, weighted average exercise price	0.00	0.00	87.27
Forfeited, weighted average exercise price	0.00	0.00	0.00
Exercised, weighted average exercise price	23.65	17.45	28.52
Outstanding, period end, weighted average exercise price	$ 87.27	$ 62.65	$ 50.04
Outstanding, period end, intrinsic value	$ 1,478
Vested and Expected to Vest, period end, number of shares	32
Vested and Expected to Vest, period end, weighted average exercise price	$ 87.27
Vested and Expected to Vest, period end, intrinsic value	$ 1,478
Exercisable, period end, number of shares	0
Exercisable, period end, weighted average exercise price	$ 0.00
Exercisable, period end, intrinsic value	$ 0

Stock Based Compensation Stock Option Grant Date Fair Value Assumptions (Details) - Employee Stock Option [Member]	12 Months Ended
	Jun. 30, 2017 Rate
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected Life	6 years 183 days
Volatility	19.60%
Risk free interest rate	1.24%
Dividend yield	1.28%

Restricted Stock Share Awards (Details) - Restricted Stock [Member] - $ / shares shares in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding, period start, number of shares	23	36	58
Granted, number of shares	0	0	17
Vested, number of shares	(17)	(12)	(38)
Forfeited, number of shares	0	(1)	(1)
Outstanding, period end, number of shares	6	23	36
Outstanding, period start, weighted average grant date fair value	$ 81.33	$ 73.66	$ 44.95
Granted, weighted average grant date fair value	0.00	0.00	87.27
Vested, weighted average grant date fair value	79.41	58.61	37.00
Forfeited, weighted average grant date fair value	0.00	64.60	65.52
Outstanding, period end, weighted average grant date fair value	$ 87.27	$ 81.33	$ 73.66

Restricted Stock Unit Awards (Details) - Restricted Stock Units (RSUs) [Member] - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding, period start, number of shares	351	386	429
Granted, number of shares	80	125	130
Vested, number of shares	(129)	(156)	(136)
Forfeited, number of shares	(4)	(4)	(37)
Outstanding, period end, number of shares	298	351	386
Outstanding, period start, weighted average grant date fair value	$ 83.37	$ 67.84	$ 58.06
Granted, weighted average grant date fair value	169.53	98.41	77.75
Vested, weighted average grant date fair value	82.06	57.00	50.12
Forfeited, weighted average grant date fair value	92.32	81.83	54.30
Outstanding, period end, weighted average grant date fair value	$ 107.00	$ 83.37	$ 67.84
Outstanding, period end, aggregate intrinsic value	$ 39,867

RSU Measurement Date Assumptions (Details) - Restricted Stock Units (RSUs) [Member]	12 Months Ended
	Jun. 30, 2019 Rate	Jun. 30, 2018	Jun. 30, 2017
RSU grant date weighted average fair value assumptions
Volatility	15.30%	15.60%	16.00%
Risk free interest rate	2.89%	1.55%	0.93%
Dividend yield	0.90%	1.20%	1.30%
Stock Beta	0.669	0.687	0.684

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Earnings Per Share, Basic and Diluted [Abstract]
NET INCOME	$ 60,993	$ 59,252	$ 68,089	$ 83,551	$ 67,836	$ 69,085	$ 161,243	$ 66,870	$ 271,885	$ 365,034	$ 229,561
Common share information:
Basic weighted average shares outstanding	77,060	77,177	77,216	77,188	77,261	77,247	77,218	77,283	77,160	77,252	77,856
Dilutive effect of stock options and restricted stock									187	333	399
Diluted weighted average shares outstanding	77,157	77,286	77,409	77,537	77,585	77,546	77,565	77,646	77,347	77,585	78,255
Basic earnings per share	$ 0.79	$ 0.77	$ 0.88	$ 1.08	$ 0.88	$ 0.89	$ 2.09	$ 0.87	$ 3.52	$ 4.73	$ 2.95
Diluted earnings per share	$ 0.79	$ 0.77	$ 0.88	$ 1.08	$ 0.87	$ 0.89	$ 2.08	$ 0.86	$ 3.52	$ 4.70	$ 2.93
Antidilutive stock options and restricted stock excluded from computation of earnings per share									0	41	32

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=114873790&loc=SL114874131-224263

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109260490&loc=d3e1337-109256

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=109256448&loc=d3e4984-109258

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=109260490&loc=d3e1252-109256

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI http://asc.fasb.org/extlink&oid=114873765&loc=SL114874048-224260

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=109260490&loc=SL5780133-109256

+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=109256448&loc=d3e4984-109258

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=109260490&loc=d3e1252-109256

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI http://asc.fasb.org/extlink&oid=114873765&loc=SL114874048-224260

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109260490&loc=d3e1337-109256

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=109260490&loc=SL5780133-109256

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=114873790&loc=SL114874131-224263

+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Employee Benefits Plans Employee Stock Purchase Plan (Details) - Employee Stock Purchase Plan [Member] - $ / shares shares in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Employee Stock Purchase Plan, Purchase Price of Common Stock, Percent of Closing Price	85.00%
Shares issued for Employee Stock Purchase Plan (shares)	76	76	81
Employee stock purchase plan, average price per share	$ 118.32	$ 98.46	$ 77.52
Common Stock, Capital Shares Reserved for Future Issuance	1,304

Employee Benefits Plans 401(k) (Details) $ in Thousands	12 Months Ended
Employee Benefits Plans 401(k) (Details) $ in Thousands	Jun. 30, 2019 USD ($) Rate	Jun. 30, 2018 USD ($)	Jun. 30, 2017 USD ($)
Retirement Benefits [Abstract]
Defined Contribution Plan, Employer Matching Contribution, Percent of Match \| Rate	100.00%
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay \| Rate	5.00%
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Amount	$ 0	$ 5	$ 5
Defined Contribution Plan, Age Requirement	18
Defined Contribution Plan, Employment Length Requirement	6 months
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 0
Defined Contribution Plan, Matching Contributions	$ 21,003	$ 18,821	$ 17,550

Business Acquisitions (Details) - USD ($) $ / shares in Units, $ in Thousands					12 Months Ended
	Oct. 05, 2018	Oct. 01, 2018	Dec. 21, 2017	Aug. 31, 2017	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Business Acquisition [Line Items]
Goodwill					$ 666,944	$ 649,929
BOLTS Technologies, Inc. [Member]
Business Acquisition [Line Items]
Business Acquisition, Effective Date of Acquisition	Oct. 05, 2018
Payments to Acquire Businesses, Gross	$ 15,046
Current assets	1,384
Identifiable intangible assets	2,274
Total other liabilities assumed	(1,505)
Total identifiable net assets	2,153
Acquisition goodwill expected to be tax deductible	0
Net assets acquired	15,046
Cash Acquired from Acquisition	1,365
Acquired Receivable, Fair Value	14
Acquired Receivables, Gross Contractual Amount	14
Acquired Receivables, Estimated Uncollectible	0
Business Acquisition, Transaction Costs	23
Revenue of Acquiree since Acquisition Date, Actual					126
Earnings or Loss of Acquiree since Acquisition Date, Actual					(895)
Agiletics, Inc. [Member]
Business Acquisition [Line Items]
Business Acquisition, Effective Date of Acquisition		Oct. 01, 2018
Payments to Acquire Businesses, Gross		$ 7,649
Current assets		2,170
Identifiable intangible assets		3,090
Deferred income tax liability		872
Total other liabilities assumed		(738)
Total identifiable net assets		3,650
Acquisition goodwill expected to be tax deductible		0
Net assets acquired		7,649
Cash Acquired from Acquisition		1,349
Acquired Receivable, Fair Value		302
Acquired Receivables, Gross Contractual Amount		302
Acquired Receivables, Estimated Uncollectible		0
Business Acquisition, Transaction Costs		36
Revenue of Acquiree since Acquisition Date, Actual					926
Earnings or Loss of Acquiree since Acquisition Date, Actual					(192)
Ensenta Corporation [Member]
Business Acquisition [Line Items]
Business Acquisition, Effective Date of Acquisition			Dec. 21, 2017
Payments to Acquire Businesses, Gross			$ 134,381
Current assets			14,125
Long-term assets			586
Identifiable intangible assets			58,806
Deferred income tax liability			21,859
Total other liabilities assumed			(8,496)
Total identifiable net assets			43,162
Acquisition goodwill expected to be tax deductible			0
Net assets acquired			134,381
Cash Acquired from Acquisition			7,274
Acquired Receivable, Fair Value			4,668
Acquired Receivables, Gross Contractual Amount			4,668
Acquired Receivables, Estimated Uncollectible			0
Business Acquisition, Transaction Costs						339
Revenue of Acquiree since Acquisition Date, Actual					35,688	15,776
Earnings or Loss of Acquiree since Acquisition Date, Actual					11,163	8,197
Earnings or Loss of Acquiree since Acquisition Date, Excluding Effects of TCJA						536
Pro Forma Revenue					1,552,691	1,483,915	$ 1,411,873
Pro Forma Net Income (Loss)					$ 271,885	$ 366,544	$ 231,696
Pro Forma Earnings Per Share, Basic					$ 3.52	$ 4.74	$ 2.98
Pro Forma Earnings Per Share, Diluted					$ 3.52	$ 4.72	$ 2.96
Vanguard Software Group [Member]
Business Acquisition [Line Items]
Business Acquisition, Effective Date of Acquisition				Aug. 31, 2017
Payments to Acquire Businesses, Gross				$ 10,744
Current assets				1,153
Long-term assets				9
Identifiable intangible assets				4,200
Total other liabilities assumed				(1,117)
Total identifiable net assets				4,245
Acquisition goodwill expected to be tax deductible				6,499
Net assets acquired				10,744
Cash Acquired from Acquisition				289
Acquired Receivable, Fair Value				847
Acquired Receivables, Gross Contractual Amount				847
Acquired Receivables, Estimated Uncollectible				0
Revenue of Acquiree since Acquisition Date, Actual					$ 3,120	$ 1,486
Earnings or Loss of Acquiree since Acquisition Date, Actual					(243)	(870)
Customer Relationships [Member] \| BOLTS Technologies, Inc. [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired	$ 567
Identifiable Intangible Assets, Weighted Average Useful Life	15 years
Customer Relationships [Member] \| Agiletics, Inc. [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired		$ 2,198
Identifiable Intangible Assets, Weighted Average Useful Life		15 years
Customer Relationships [Member] \| Ensenta Corporation [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired			$ 37,800
Identifiable Intangible Assets, Weighted Average Useful Life			15 years
Customer Relationships [Member] \| Vanguard Software Group [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired				$ 2,234
Identifiable Intangible Assets, Weighted Average Useful Life				15 years
Computer Software [Member] \| BOLTS Technologies, Inc. [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired	$ 1,409
Identifiable Intangible Assets, Weighted Average Useful Life	10 years
Computer Software [Member] \| Agiletics, Inc. [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired		$ 701
Identifiable Intangible Assets, Weighted Average Useful Life		10 years
Computer Software [Member] \| Ensenta Corporation [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired			$ 16,505
Identifiable Intangible Assets, Weighted Average Useful Life			10 years
Computer Software [Member] \| Vanguard Software Group [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired				$ 1,426
Identifiable Intangible Assets, Weighted Average Useful Life				10 years
Other Intangible Assets [Member] \| BOLTS Technologies, Inc. [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired	$ 298
Identifiable Intangible Assets, Weighted Average Useful Life	10 years
Other Intangible Assets [Member] \| Agiletics, Inc. [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired		$ 191
Identifiable Intangible Assets, Weighted Average Useful Life		10 years
Other Intangible Assets [Member] \| Ensenta Corporation [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired			$ 4,501
Identifiable Intangible Assets, Weighted Average Useful Life			10 years
Other Intangible Assets [Member] \| Vanguard Software Group [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired				$ 540
Identifiable Intangible Assets, Weighted Average Useful Life				10 years
Core Segment [Member]
Business Acquisition [Line Items]
Goodwill					199,956	195,956	$ 195,956
Core Segment [Member] \| Agiletics, Inc. [Member]
Business Acquisition [Line Items]
Goodwill		$ 3,999
Complementary [Member]
Business Acquisition [Line Items]
Goodwill					141,662	128,769	122,403
Complementary [Member] \| BOLTS Technologies, Inc. [Member]
Business Acquisition [Line Items]
Goodwill	$ 12,893
Complementary [Member] \| Vanguard Software Group [Member]
Business Acquisition [Line Items]
Goodwill				$ 6,499
Payments [Member]
Business Acquisition [Line Items]
Goodwill					$ 325,326	$ 325,204	$ 234,106
Payments [Member] \| Ensenta Corporation [Member]
Business Acquisition [Line Items]
Goodwill			$ 91,219

Reportable Segment Information Narrative (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2019 USD ($) segment
Segment Reporting [Abstract]
Number of Reportable Segments \| segment	4
Reclassification of Revenue Between Reportable Segments \| $	$ 2,968

Reportable Segment Information Reconciliation of Operating Profit by Segment to Consolidated (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	$ 393,509	$ 380,364	$ 386,275	$ 392,543	$ 378,256	$ 374,048	$ 357,209	$ 361,284	$ 1,552,691	$ 1,470,797	$ 1,388,290
Cost of Revenue	240,040	235,594	227,284	220,112	223,606	218,517	207,100	203,915	923,030	853,138	805,855
Research and Development	24,920	23,442	23,990	24,026	24,406	22,591	22,414	20,929	96,378	90,340	84,753
Selling, General and Administrative	49,131	44,887	46,797	45,183	45,294	42,234	43,094	41,088	185,998	171,710	159,235
Gain on Disposal of Businesses					0	0	189	1,705	0	1,894	3,270
Total Expenses	314,091	303,923	298,071	289,321	293,306	283,342	272,419	264,227	1,205,406	1,113,294	1,046,573
OPERATING INCOME	79,418	76,441	88,204	103,222	84,950	90,706	84,790	97,057	347,285	357,503	341,717
Total Interest Income (Expense)	(229)	(69)	104	144	(595)	(604)	(104)	(42)	(50)	(1,345)	(748)
INCOME BEFORE INCOME TAXES	$ 79,189	$ 76,372	$ 88,308	$ 103,366	$ 84,355	$ 90,102	$ 84,686	$ 97,015	347,235	356,158	340,969
Core Segment [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE									534,429	509,821	477,605
Cost of Revenue									243,989	232,868	219,440
SEGMENT INCOME									290,440	276,953	258,165
Payments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE									548,319	508,331	471,988
Cost of Revenue									273,261	245,269	222,685
SEGMENT INCOME									275,058	263,062	249,303
Complementary [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE									418,215	395,419	375,811
Cost of Revenue									175,737	163,905	155,084
SEGMENT INCOME									242,478	231,514	220,727
Corporate and Other [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE									51,728	57,226	62,886
Cost of Revenue									230,043	211,096	208,646
SEGMENT INCOME									(178,315)	(153,870)	(145,760)
License and Service [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE									958,489	920,739	881,735
License and Service [Member] \| Core Segment [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE									506,007	482,216	452,712
License and Service [Member] \| Payments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE									52,756	47,641	43,477
License and Service [Member] \| Complementary [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE									348,631	333,812	322,784
License and Service [Member] \| Corporate and Other [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE									51,095	57,070	62,762
Processing [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE									594,202	550,058	506,555
Processing [Member] \| Core Segment [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE									28,422	27,605	24,893
Processing [Member] \| Payments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE									495,563	460,690	428,511
Processing [Member] \| Complementary [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE									69,584	61,607	53,027
Processing [Member] \| Corporate and Other [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE									$ 633	$ 156	$ 124

Subsequent Events (Details) - USD ($) $ / shares in Units, $ in Thousands			12 Months Ended
	Aug. 23, 2019	Jul. 01, 2019	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Subsequent Events
Dividends declared per share			$ 1.54	$ 1.36	$ 1.18
Subsequent Event
Subsequent Events
Dividend declared date	Aug. 23, 2019
Dividends declared per share	$ 0.40
Dividend payable date	Sep. 30, 2019
Dividend record date	Sep. 09, 2019
Business Acquisition, Effective Date of Acquisition		Jul. 01, 2019
Payments to Acquire Businesses, Gross		$ 37,776

Quarterly Financial Information (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
REVENUE
REVENUE	$ 393,509	$ 380,364	$ 386,275	$ 392,543	$ 378,256	$ 374,048	$ 357,209	$ 361,284	$ 1,552,691	$ 1,470,797	$ 1,388,290
EXPENSES
Cost of Revenue	240,040	235,594	227,284	220,112	223,606	218,517	207,100	203,915	923,030	853,138	805,855
Research and Development	24,920	23,442	23,990	24,026	24,406	22,591	22,414	20,929	96,378	90,340	84,753
Selling, General and Administrative	49,131	44,887	46,797	45,183	45,294	42,234	43,094	41,088	185,998	171,710	159,235
Gain on Disposal of Businesses					0	0	(189)	(1,705)	0	(1,894)	(3,270)
Total Expenses	314,091	303,923	298,071	289,321	293,306	283,342	272,419	264,227	1,205,406	1,113,294	1,046,573
OPERATING INCOME	79,418	76,441	88,204	103,222	84,950	90,706	84,790	97,057	347,285	357,503	341,717
INTEREST INCOME (EXPENSE)
Interest Income	178	155	252	291	152	130	146	147	876	575	248
Interest Expense	(407)	(224)	(148)	(147)	(747)	(734)	(250)	(189)	(926)	(1,920)	(996)
Total Interest Income (Expense)	(229)	(69)	104	144	(595)	(604)	(104)	(42)	(50)	(1,345)	(748)
INCOME BEFORE INCOME TAXES	79,189	76,372	88,308	103,366	84,355	90,102	84,686	97,015	347,235	356,158	340,969
PROVISION/ (BENEFIT) FOR INCOME TAXES	18,196	17,120	20,219	19,815	16,519	21,017	(76,557)	30,145	75,350	(8,876)	111,408
NET INCOME	$ 60,993	$ 59,252	$ 68,089	$ 83,551	$ 67,836	$ 69,085	$ 161,243	$ 66,870	$ 271,885	$ 365,034	$ 229,561
Basic earnings per share	$ 0.79	$ 0.77	$ 0.88	$ 1.08	$ 0.88	$ 0.89	$ 2.09	$ 0.87	$ 3.52	$ 4.73	$ 2.95
Basic weighted average shares outstanding	77,060	77,177	77,216	77,188	77,261	77,247	77,218	77,283	77,160	77,252	77,856
Diluted earnings per share	$ 0.79	$ 0.77	$ 0.88	$ 1.08	$ 0.87	$ 0.89	$ 2.08	$ 0.86	$ 3.52	$ 4.70	$ 2.93
Diluted weighted average shares outstanding	77,157	77,286	77,409	77,537	77,585	77,546	77,565	77,646	77,347	77,585	78,255

Quarterly Financial Information Quarterly Financial Information Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
Non-current deferred revenues	$ 54,554	$ 40,984
Deferred revenues	$ 339,752	328,931
Restatement Adjustment [Member]
Non-current deferred revenues		23,500
Deferred revenues		$ (23,500)