0000779152-22-000076 | 10-K | XBRL Viewer | Henry Jack Associates INC

Fair Value Measures and Disclosures (Tables)

12 Months Ended

Jun. 30, 2022

Fair Value, Assets Measured on Recurring Basis

Fair value of financial assets included in current assets is as follows:


	Estimated Fair Value Measurements						Total Fair
	Level 1		Level 2		Level 3		Value
June 30, 2022
Financial Assets:

Certificates of Deposit	$	—	$	1,212	$	—	$	1,212
Financial Liabilities:
Revolving credit facility	$	—	$	115,000	$	—	$	115,000
June 30, 2021
Financial Assets:
Certificates of Deposit	$	—	$	1,200	$	—	$	1,200

Financial Liabilities:
Revolving credit facility	$	—	$	100,000	$	—	$	100,000

Leases

12 Months Ended

Jun. 30, 2022

Leases [Abstract]

Lessee, Leases

LEASES

The Company adopted ASU 2016-02 and its related amendments (collectively known as “ASC 842”) on July 1, 2019 using the optional transition method in ASU 2018-11. Therefore, the reported results for fiscal years ended June 30, 2022, 2021, and 2020 reflect the application of ASC 842.

The Company determines if an arrangement is a lease, or contains a lease, at inception. The lease term begins on the commencement date, which is the date the Company takes possession of the property and may include options

to extend or terminate the lease when it is reasonably certain that the option will be exercised. The lease term is used to determine lease classification as an operating or finance lease and is used to calculate straight-line expense for operating leases.

Right-of-use (“ROU”) assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. As a practical expedient, lease agreements with lease and non-lease components are accounted for as a single lease component for all asset classes, which are comprised of real estate leases and equipment leases. ROU assets and lease liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. ROU assets also include prepaid lease payments and exclude lease incentives received. The Company estimates contingent lease incentives when it is probable that the Company is entitled to the incentive at lease commencement. Since the Company’s leases do not typically provide an implicit rate, the Company uses its incremental borrowing rate based upon the information available at commencement date for both real estate and equipment leases. The determination of the incremental borrowing rate requires judgment. The Company determines the incremental borrowing rate using the Company’s current unsecured borrowing rate, adjusted for various factors such as collateralization and term to align with the terms of the lease. The Company elected the short-term lease recognition exemption for all leases that qualify. Therefore, leases with an initial term of 12 months or less are not recorded on the balance sheet; instead, lease payments are recognized as lease expense on a straight-line basis over the lease term.

The Company leases certain office space, data centers and equipment. The Company’s leases have remaining terms of 1 to 11 years. Certain leases contain renewal options for varying periods, which are at the Company’s sole discretion. For leases where the Company is reasonably certain to exercise a renewal option, such option periods have been included in the determination of the Company’s ROU assets and lease liabilities. Certain leases require the Company to pay taxes, insurance, maintenance, and other operating expenses associated with the leased asset. Such amounts are not included in the measurement of the lease liability to the extent they are variable in nature. These variable lease costs are recognized as a variable lease expense when incurred. Certain leases include options to purchase the leased asset at the end of the lease term, which is assessed as a part of the Company’s lease classification determination. The depreciable life of the ROU asset and leasehold improvements are limited by the expected lease term unless the Company is reasonably certain of a transfer of title or purchase option.

At June 30, 2022, and 2021, the Company had operating lease assets of $46,869 and $55,977 and financing lease assets of $65 and $188, respectively. At June 30, 2022, total operating lease liabilities of $51,452 were comprised of current operating lease liabilities of $10,681 and noncurrent operating lease liabilities of $40,771, and all of the financing lease liabilities of $67 were current financing lease liabilities. At June 30, 2021, total operating lease liabilities of $60,828 were comprised of current operating lease liabilities of $11,460 and noncurrent operating lease liabilities of $49,368, and total financing lease liabilities of $193 were comprised of current financing lease liabilities of $110 and noncurrent financing lease liabilities of $83.

Operating lease assets are included within other non-current assets and operating lease liabilities are included with accrued expenses (current portion) and other long-term liabilities (noncurrent portion) in the Company’s consolidated balance sheet. Operating lease assets were recorded net of accumulated amortization of $31,006 and $23,813 as of June 30, 2022, and 2021, respectively. Financing lease assets are included within property and equipment, net and financing lease liabilities are included within notes payable (current portion) and long-term debt (noncurrent portion) in the Company’s consolidated balance sheet. Financing lease assets were recorded net of accumulated amortization of $255 and $153 as of June 30, 2022, and 2021, respectively.

Operating lease costs for the fiscal years ended June 30, 2022, 2021, and 2020 were $13,058, $14,676, and $16,029, respectively. Financing lease costs for the fiscal years ended June 30, 2022, 2021, and 2020 were $105, $121, and $41, respectively. Total operating and financing lease costs for the fiscal years ended June 30, 2022, 2021, and 2020 included variable lease costs of approximately $2,333, $3,831, and $4,017, respectively. Operating and financing lease expense are included within cost of services, research and development, and selling, general and administrative expense, dependent upon the nature and use of the ROU asset, in the Company’s consolidated statement of income.

For the fiscal years ended June 30, 2022, 2021, and 2020, operating cash flows for payments on operating leases were $13,082, $13,672, and $14,348, respectively, and ROU assets obtained in exchange for operating lease liabilities were $2,407, $4,691, and $4,212, respectively. Financing cash flows for payments on financing leases for the fiscal years ended June 30, 2022, 2021, and 2020 were $109, $117, and $33, respectively.

As of June 30, 2022, 2021, and 2020, the weighted-average remaining lease terms for the Company's operating leases were 76 months, 81 months, and 88 months, respectively, and the weighted-average discount rates were 2.58%, 2.67%, and 2.76%, respectively. As of June 30, 2022, 2021, and 2020, the weighted-average remaining lease terms for the Company's financing leases were 9 months, 21 months, and 33 months, respectively, and the weighted-average discount rates were 2.29%, 2.39%, and 2.42%, respectively.

Maturity of Lease Liabilities under ASC 842

Future minimum rental payments on operating leases with initial non-cancellable lease terms in excess of one year were due as follows at June 30, 2022*:


Due dates	Future Minimum Rental Payments

2023	$	11,917
2024	10,246
2025	7,490
2026	6,572
2027	5,777
Thereafter	13,899
Total lease payments	$	55,901
Less: interest	(4,449)
Present value of lease liabilities	$	51,452

*Financing leases were immaterial to the fiscal year, so a maturity of lease liabilities table has only been included for operating leases.

Future lease payments include $5,464 related to options to extend lease terms that are reasonably certain of being exercised. At June 30, 2022, there were $797 in legally binding lease payments for a lease signed but not yet commenced. The commencement date of the lease is July 1, 2022 and has a term of 84 months.

Revenue from Contract with Customer (Tables)

12 Months Ended

Jun. 30, 2022

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The tables below present the Company's revenue disaggregated by type of revenue. Refer to Note 14 – 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,
	2022		2021		2020
Private and Public Cloud	$	561,500	$	504,548	$	464,066
Product Delivery and Services	250,843		208,856		259,110
On-Premise Support	344,022		334,802		328,275
Services and Support	1,156,365		1,048,206		1,051,451

Processing	786,519		710,019		645,616

Total Revenue	$	1,942,884	$	1,758,225	$	1,697,067

Contract Balances

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


	June 30, 2022		June 30, 2021
Receivables, net	$	348,072	$	306,564
Contract Assets- Current	24,447		22,884
Contract Assets- Non-current	68,261		52,920
Contract Liabilities (Deferred Revenue)- Current	330,687		319,748
Contract Liabilities (Deferred Revenue)- Non-current	71,485		75,852

Other Assets Future Amortization Expense (Details) $ in Thousands	Jun. 30, 2022 USD ($)
2023	$ 118,196
2024	97,194
2025	75,767
2026	51,988
2027	28,351
Computer Software [Member]
2023	100,314
2024	83,312
2025	64,739
2026	42,986
2027	19,521
Customer Relationships [Member]
2023	9,745
2024	8,363
2025	7,910
2026	7,544
2027	7,451
Other Intangible Assets [Member]
2023	8,137
2024	5,519
2025	3,118
2026	1,458
2027	$ 1,379

Other Assets Other Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Acquired Finite-Lived Intangible Assets [Line Items]
Capitalized Computer Software, Net	$ 410,957	$ 368,094
Amortization	126,835	123,233	$ 119,599
Impairment of Intangible Assets (Excluding Goodwill)	0	0	8,710
Customer Relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	316,401	316,401
Finite-Lived Intangible Assets, Accumulated Amortization	246,898	234,559
Finite-Lived Intangible Assets, Net of Amortization	69,503	81,842
Computer Software [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	1,111,308	978,099
Finite-Lived Intangible Assets, Accumulated Amortization	700,351	610,005
Finite-Lived Intangible Assets, Net of Amortization	410,957	368,094
Amortization	105,036	99,305	$ 92,460
Other Intangible Assets [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	108,688	102,615
Finite-Lived Intangible Assets, Accumulated Amortization	83,551	76,486
Finite-Lived Intangible Assets, Net of Amortization	25,137	26,129
Computer Software to be Sold, Leased, or Marketed [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Capitalized Computer Software, Net	173,402	146,090
Internal Use Computer Software [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Capitalized Computer Software, Net	$ 237,555	$ 222,004
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

Treasury Stock (Details) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Equity [Abstract]
Treasury Stock, Shares	31,043	29,793
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased	3,948	5,198
Treasury Stock, Value	$ 1,807,118	$ 1,613,202
Treasury Stock, Shares, Acquired	1,250
Purchase of treasury stock	$ 193,916	$ 431,529	$ 71,549

Restricted Stock Share Awards (Details) - Restricted Stock [Member] - $ / shares shares in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
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	0	0	6
Granted, number of shares	0	0	0
Vested, number of shares	0	0	(6)
Forfeited, number of shares	0	0	0
Outstanding, period end, number of shares	0	0	0
Outstanding, period start, weighted average grant date fair value	$ 0	$ 0	$ 87.27
Granted, weighted average grant date fair value	0	0	0
Vested, weighted average grant date fair value	0	0	87.27
Forfeited, weighted average grant date fair value	0	0	0
Outstanding, period end, weighted average grant date fair value	$ 0	$ 0	$ 0

Earnings Per Share (Text Block)

12 Months Ended

Jun. 30, 2022

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,
	2022		2021		2020
Net Income	$	362,916	$	311,469	$	296,668
Common share information:
Weighted average shares outstanding for basic earnings per share	73,324		75,546		76,787
Dilutive effect of stock options, restricted stock units, and restricted stock	162		112		147
Weighted average shares outstanding for diluted earnings per share	73,486		75,658		76,934
Basic earnings per share	$	4.95	$	4.12	$	3.86
Diluted earnings per share	$	4.94	$	4.12	$	3.86

Per share information is based on the weighted average number of common shares outstanding for each of the fiscal years. Stock options, restricted stock units, 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 7 anti-dilutive weighted average shares excluded from the weighted average shares outstanding for diluted earnings per share for fiscal 2022, 11 shares were excluded for fiscal 2021, and 2 shares were excluded for fiscal 2020.

Nature of Operations and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Consolidation	The consolidated financial statements include the accounts of JKHY 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 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. Risks and Uncertainties The novel coronavirus ("COVID-19") pandemic adversely impacted global economic activity and contributed to significant volatility in financial markets during calendar 2020 through calendar 2022 year to date. The Company has not, to this point in time, experienced material impacts from the COVID-19 pandemic, but did assess certain accounting matters that generally require consideration of forecasted financial information in context with the information reasonably available to the Company as of and for its fiscal year ended June 30, 2022 and through the date of this report. The accounting matters assessed included, but were not limited to, the Company’s allowance for credit losses, as well as the carrying value of goodwill and other long-lived assets. While there was not a material impact to the Company’s consolidated financial statements for fiscal 2022 and no material impacts expected for foreseeable future, the Company will continue to monitor assessments of COVID-19, as well as other factors that could result in material impacts to the Company’s consolidated financial statements in future reporting periods.
Revenue Recognition	The Company generates "Services and Support" revenue through software licensing and related services, private cloud core and 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. 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. 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.
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 for impairment 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	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. On July 1, 2020, the Company adopted FASB Accounting Standards Codification ("ASC") Topic 326, Financial Instruments - Credit Losses, ("CECL") (see "Recent Accounting Pronouncements" below). As a result, the Company changed its accounting policy for allowance for credit losses. The accounting policy pursuant to CECL is disclosed below. The adoption of CECL resulted in an immaterial cumulative effect adjustment recorded in retained earnings as of July 1, 2020. The Company monitors trade and other receivable balances and contract assets and estimates the allowance for lifetime expected credit losses. Estimates of expected credit losses are based on historical collection experience and other factors, including those related to current market conditions and events.
Property and Equipment	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 it is more likely than not 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 it is more likely than not that the asset might be impaired.
Comprehensive Income	Comprehensive income for each of the fiscal years ending June 30, 2022, 2021, and 2020 equals the Company’s net income.
Reportable Segment Information	n accordance with U.S. GAAP, the Company's operations are classified as four reportable segments: Core, Payments, Complementary, and Corporate and Other (see Note 14). 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.
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 11).
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 unrecognized benefits for uncertain tax positions. The Company's policy is to include interest and penalties related to unrecognized tax benefits in income tax expense.

Industry and Supplier Concentrations (Text Block)	12 Months Ended
Industry and Supplier Concentrations (Text Block)	Jun. 30, 2022
Risks and Uncertainties [Abstract]
Industry and Supplier Concentrations [Text Block]	INDUSTRY AND SUPPLIER CONCENTRATIONThe 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 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 third parties. Termination of the Company’s relationship with one or more of these third parties could have a negative impact on the operations of the Company.

Reportable Segment Information (Text Block)

12 Months Ended

Jun. 30, 2022

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.

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 and 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.

Immaterial adjustments were made in fiscal 2022 to reclassify cost of revenue in fiscal 2021 from the Core segment to the Corporate and Other segment to be consistent with the current fiscal year allocation of cost of revenue by segment. The amounts reclassified for the fiscal year ended June 30, 2021, were $135.

During the second quarter of fiscal 2021, the Company's call center was consolidated into the Complementary segment. As a result of this consolidation, immaterial adjustments were made during fiscal 2021 to reclassify related revenue and costs recognized during the fiscal year ended June 30, 2020, from the Core to the Complementary segment. The total related revenue reclassified was $20,797 for fiscal 2020. The total related cost of revenue reclassified was $12,386 for fiscal 2020.


	Year Ended
	June 30, 2022
	Core		Payments		Complementary		Corporate and Other		Total
REVENUE
Services and Support	$	583,752	$	78,402	$	444,485	$	49,726	$	1,156,365
Processing	38,690		628,617		116,726		2,486		786,519
Total Revenue	622,442		707,019		561,211		52,212		1,942,884

Cost of Revenue	261,585		380,954		232,088		253,987		1,128,614
Research and Development									121,355
Selling, General, and Administrative									218,296

Total Expenses									1,468,265

SEGMENT INCOME	$	360,857	$	326,065	$	329,123	$	(201,775)

OPERATING INCOME									474,619

INTEREST INCOME (EXPENSE)									(2,352)

INCOME BEFORE INCOME TAXES									$	472,267


	Year Ended
	June 30, 2021
	Core		Payments		Complementary		Corporate and Other		Total
REVENUE
Services and Support	$	529,193	$	63,445	$	410,930	$	44,638	$	1,048,206
Processing	34,903		578,863		94,998		1,255		710,019
Total Revenue	564,096		642,308		505,928		45,893		1,758,225

Cost of Revenue	247,150		353,581		212,627		250,041		1,063,399
Research and Development									109,047
Selling, General, and Administrative									187,060

Total Expenses									1,359,506

SEGMENT INCOME	$	316,946	$	288,727	$	293,301	$	(204,148)

OPERATING INCOME									398,719

INTEREST INCOME (EXPENSE)									(994)

INCOME BEFORE INCOME TAXES									$	397,725


	Year Ended
	June 30, 2020
	Core		Payments		Complementary		Corporate and Other		Total
REVENUE
Services and Support	$	529,997	$	66,920	$	401,639	$	52,895	$	1,051,451
Processing	31,372		530,773		82,507		964		645,616
Total Revenue	561,369		597,693		484,146		53,859		1,697,067

Cost of Revenue	240,492		319,739		203,963		244,270		1,008,464
Research and Development									109,988
Selling, General, and Administrative									197,988

Total Expenses									1,316,440

SEGMENT INCOME	$	320,877	$	277,954	$	280,183	$	(190,411)

OPERATING INCOME									380,627

INTEREST INCOME (EXPENSE)									449

INCOME BEFORE INCOME TAXES									$	381,076

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

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

+ Details

Employee Benefits Plans Employee Stock Purchase Plan (Details) - Employee Stock Purchase Plan [Member] - $ / shares shares in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Employee Stock Purchase Plan, Purchase Price of Common Stock, Percent of Closing Price	85.00%
Shares issued for Employee Stock Purchase Plan (shares)	80	80	74
Employee stock purchase plan, average price per share	$ 147.36	$ 136.87	$ 132.51
Common Stock, Capital Shares Reserved for Future Issuance	1,070

Business Acquisitions (Details) - Geezeo [Member] - USD ($) $ in Thousands		12 Months Ended
	Jul. 01, 2019	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Business Acquisition [Line Items]
Business Acquisition, Effective Date of Acquisition	Jul. 01, 2019
Payments to Acquire Businesses, Gross	$ 37,776
Business Acquisition, Transaction Costs	$ 30
Revenue of Acquiree since Acquisition Date, Actual		$ 12,733	$ 13,233	$ 8,969
Earnings or Loss of Acquiree since Acquisition Date, Actual		$ 4,679	$ 4,805	$ 654

Employee Benefits Plans 401(k) (Details) $ in Thousands	12 Months Ended
Employee Benefits Plans 401(k) (Details) $ in Thousands	Jun. 30, 2022 USD ($) Rate	Jun. 30, 2021 USD ($)	Jun. 30, 2020 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, Age Requirement	18
Defined Contribution Plan, Employment Length Requirement	6 months
Defined Contribution Plan, Employer Discretionary Contribution Amount \| $	$ 0	$ 0	$ 0
Defined Contribution Plan, Matching Contributions \| $	$ 28,259	$ 26,783	$ 25,155

Reportable Segment Information Narrative (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2022 USD ($) segment	Jun. 30, 2021 USD ($)	Jun. 30, 2020 USD ($)
Segment Reporting [Abstract]
Number of Reportable Segments \| segment	4
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	$ 1,942,884	$ 1,758,225	$ 1,697,067
Services and Support [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	1,156,365	1,048,206	1,051,451
Core Segment [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Reclassification of Revenue Between Reportable Segments			(20,797)
Reclassification of Cost Between Reportable Segments		(135)	(12,386)
REVENUE	622,442	564,096	561,369
Core Segment [Member] \| Services and Support [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	583,752	529,193	529,997
Payments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	707,019	642,308	597,693
Payments [Member] \| Services and Support [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	78,402	63,445	66,920
Complementary [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Reclassification of Revenue Between Reportable Segments			20,797
Reclassification of Cost Between Reportable Segments			12,386
REVENUE	561,211	505,928	484,146
Complementary [Member] \| Services and Support [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	444,485	410,930	401,639
Corporate and Other [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Reclassification of Cost Between Reportable Segments		135
REVENUE	52,212	45,893	53,859
Corporate and Other [Member] \| Services and Support [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	$ 49,726	$ 44,638	$ 52,895

Property and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
Property and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Land	$ 16,781	$ 22,885
Land improvements	23,571	23,783
Buildings	129,313	149,041
Leasehold improvements	51,708	55,407
Equipment and furniture	400,856	391,507
Aircraft and equipment	41,492	41,047
Construction in progress	2,547	3,639
Finance lease right of use asset	320	341
Property and equipment, total	666,588	687,650
Less accumulated depreciation	454,879	435,169
Property and equipment, net	211,709	252,481
Liabilities Assumed	(4,097)	(8,699)
Changes in property and equipment acquired through capital leases	(21)	(14)	$ 355
Impairment of Long-Lived Assets to be Disposed of	0	0	$ 0
Assets Held-for-sale, Not Part of Disposal Group	$ 20,201	$ 0
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
Office Equipment [Member] \| Minimum [Member]
Estimated Useful Life	3 years
Office 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

Stock Based Compensation Narrative (Details) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expense for stock-based compensation	$ 24,780	$ 20,746	$ 16,883
Restricted Stock Plan Expense	22,703	18,817	15,148
Tax benefit from stock-based compensation expense	4,252	3,258	3,072
Share-based Payment Arrangement, Exercise of Option, Tax Benefit	652	719	340
Restricted Shares and Units, Vested in Period, Fair Value	$ 12,139	$ 21,652	$ 11,248
Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, number of shares	0	0	0
Compensation not yet recognized, stock options	$ 0
Total intrinsic value of options exercised	1,005	$ 0	$ 809
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense yet to be recognized	$ 19,076
Compensation expense yet to be recognized, period for recognition	1 year 1 month 13 days
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares Authorized	3,000
2015 EIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares Authorized	3,000
2015 EIP [Member] \| Share-based Payment Arrangement, 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	ninety days
Stock Option Termination Period After Death	one year
Stock Option Termination After Grant Date	10 years
Minimum [Member] \| Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	1 year
Minimum [Member] \| Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Requisite Service Period	3 years
Maximum [Member] \| Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	3 years
Maximum [Member] \| Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Requisite Service Period	5 years

Earnings Per Share (Tables)

12 Months Ended

Jun. 30, 2022

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,
	2022		2021		2020
Net Income	$	362,916	$	311,469	$	296,668
Common share information:
Weighted average shares outstanding for basic earnings per share	73,324		75,546		76,787
Dilutive effect of stock options, restricted stock units, and restricted stock	162		112		147
Weighted average shares outstanding for diluted earnings per share	73,486		75,658		76,934
Basic earnings per share	$	4.95	$	4.12	$	3.86
Diluted earnings per share	$	4.94	$	4.12	$	3.86

Employee Benefit Plans (Text Block)	12 Months Ended
Employee Benefit Plans (Text Block)	Jun. 30, 2022
Retirement Benefits [Abstract]
Employee Stock Purchase Plan and 401(k) Disclosure [Text Block]	EMPLOYEE BENEFIT PLANSThe 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, 2022, 2021 and 2020, employees purchased 80, 80, and 74 shares under this plan at average prices of $147.36, $136.87, and $132.51, respectively. As of June 30, 2022, approximately 1,070 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. 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 $28,259, $26,783, and $25,155 for the fiscal years ended June 30, 2022, 2021 and 2020, respectively.

Other Assets (Tables)

12 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill [Table Text Block]

The carrying amount of goodwill for the fiscal years ended June 30, 2022 and 2021, by reportable segments, is as follows:


	June 30,
Core	2022		2021
Beginning balance	$	195,578	$	199,956
Goodwill, acquired during the year	—		—
Goodwill, transferred during the year1	—		(4,017)
Goodwill, adjustments related to dispositions	—		(361)
Ending balance	$	195,578	$	195,578

Payments
Beginning balance	$	325,326	$	325,326
Goodwill, acquired during the year	—		—
Goodwill, adjustments related to dispositions	—		—
Ending balance	$	325,326	$	325,326

Complementary
Beginning balance	$	166,554	$	161,052
Goodwill, acquired during the year	—		1,485
Goodwill, transferred during the year1	—		4,017
Goodwill, adjustments related to dispositions	—		—
Ending balance	$	166,554	$	166,554

Schedule of Intangible Assets [Table Text Block]

Information regarding other identifiable intangible assets is as follows:


	June 30, 2022
	Gross Carrying Amount		Accumulated Amortization		Net
Customer relationships	$	316,401	$	(246,898)	$	69,503
Computer software	$	1,111,308	$	(700,351)	$	410,957
Other intangible assets:	$	108,688	$	(83,551)	$	25,137

	June 30, 2021
	Gross Carrying Amount		Accumulated Amortization		Net
Customer relationships	$	316,401	$	(234,559)	$	81,842
Computer software	$	978,099	$	(610,005)	$	368,094
Other intangible assets:	$	102,615	$	(76,486)	$	26,129

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, 2022, is as follows:


Years Ending June 30,	Computer Software		Customer Relationships		Other Intangible Assets		Total
2023	$	100,314	$	9,745	$	8,137	$	118,196
2024	83,312		8,363		5,519		97,194
2025	64,739		7,910		3,118		75,767
2026	42,986		7,544		1,458		51,988
2027	19,521		7,451		1,379		28,351

Restricted Stock Unit Awards (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Restricted Stock Units (RSUs) [Member]
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	294	307	298
Granted, number of shares	135	113	139
Vested, number of shares	(71)	(124)	(69)
Forfeited, number of shares	(55)	(2)	(61)
Outstanding, period end, number of shares	303	294	307
Outstanding, period start, weighted average grant date fair value	$ 160.22	$ 136.41	$ 107.00
Granted, weighted average grant date fair value	178.60	170.69	157.94
Vested, weighted average grant date fair value	145.50	111.08	98.25
Forfeited, weighted average grant date fair value	189.33	140.46	85.33
Outstanding, period end, weighted average grant date fair value	$ 166.50	$ 160.22	$ 136.41
Outstanding, period end, aggregate intrinsic value	$ 54,548
Restricted Stock Units (RSUs) [Member] \| Fair value on grant date less PV of dividends [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted, number of shares	87
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted, number of shares	48
Performance Shares [Member] \| Fair value on grant date less PV of dividends [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted, number of shares	19
Performance Shares [Member] \| Fair value under Monte Carlo [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted, number of shares	29

Property and Equipment (Tables)

12 Months Ended

Jun. 30, 2022

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,
	2022		2021		Estimated Useful Life
Land	$	16,781	$	22,885
Land improvements	23,571		23,783		5 - 20 years
Buildings	129,313		149,041		20 - 30 years
Leasehold improvements	51,708		55,407		5 - 30 years	(1)
Equipment and furniture	400,856		391,507		3 - 10 years
Aircraft and equipment	41,492		41,047		4 - 10 years
Construction in progress	2,547		3,639
Finance lease right of use asset (2)	320		341
	666,588		687,650
Less accumulated depreciation	454,879		435,169
Property and equipment, net	$	211,709	$	252,481

(1) Lesser of lease term or estimated useful life

(2) See Note 4 for details

Cover Page - USD ($)	12 Months Ended
Cover Page - USD ($)	Jun. 30, 2022	Aug. 15, 2022	Dec. 31, 2021
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Jun. 30, 2022
Document Annual Report	true
Document Transition Report	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--06-30
Entity Registrant Name	HENRY JACK & ASSOCIATES INC
Entity Central Index Key	0000779152
Entity File Number	0-14112
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	43-1128385
Entity Address, Address Line One	663 Highway 60, P.O. Box 807
Entity Address, City or Town	Monett
Entity Address, State or Province	MO
Entity Address, Postal Zip Code	65708
City Area Code	417
Local Phone Number	235-6652
Title of 12(b) Security	Common Stock ($0.01 par value)
Trading Symbol	JKHY
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 12,115,984,998
Entity Common Stock, Shares Outstanding		72,902,797
Auditor Name	PricewaterhouseCoopers LLP
Auditor Firm ID	238
Auditor Location	Kansas City, Missouri
Documents Incorporated by Reference	Portions of the Company's Notice of Annual Meeting of Stockholders and Proxy Statement for its 2022 Annual Meeting of Stockholders (the "Proxy Statement") are incorporated by reference into Part III of this Report to the extent stated herein. Such proxy statement will be filed with the Securities and Exchange Commission ("SEC") within 120 days of the Company's fiscal year ended June 30, 2022.

Debt (Text Block)	12 Months Ended
Debt (Text Block)	Jun. 30, 2022
Debt Disclosure [Abstract]
Debt [Text Block]	DEBT The Company had $67 outstanding short-term debt and $115,000 outstanding long-term debt at June 30, 2022, related to financing leases and the revolving credit facility. The Company had $110 outstanding short-term debt and $100,083 outstanding long-term debt at June 30, 2021. Revolving credit facility On February 10, 2020, the Company entered into a five-year senior, unsecured revolving credit facility. The credit facility allows for borrowings of up to $300,000, which may be increased by the Company at any time until maturity to $700,000. The credit facility bears interest at a variable rate equal to (a) a rate based on a eurocurrency rate or (b) an alternate base rate (the highest of (i) 0%, (ii) the U.S. Bank prime rate for such day, (iii) the sum of the Federal Funds Effective Rate for such day plus 0.50% and (iv) 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 and is subject to various financial covenants that require the Company to maintain certain financial ratios as defined in the credit facility agreement. As of June 30, 2022, the Company was in compliance with all such covenants. The revolving credit facility terminates February 10, 2025. There was $115,000 outstanding balance under this credit facility at June 30, 2022 and $100,000 outstanding balance under this credit facility at June 30, 2021. Other lines of credit The Company has an unsecured bank credit line which provides for funding of up to $5,000 and bears interest at the prime rate less 1%. The credit line was renewed in May 2019 and modified in March 2021 to extend the expiration to April 30, 2023. There was no balance outstanding at June 30, 2022 or 2021. Interest The Company paid interest of $1,788, $852, and $475 during the fiscal years ended June 30, 2022, 2021, and 2020, respectively.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-URI http://asc.fasb.org/topic&trid=2208564

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (g)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1E
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495348-112611

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (i)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

+ Details

Revenue and Deferred Costs Contract Balances (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
Receivables, net	$ 348,072	$ 306,564
Contract Assets- Current	24,447	22,884
Contract Assets- Non-current	68,261	52,920
Contract Liabilities (Deferred Revenue)- Current	330,687	319,748
Contract Liabilities (Deferred Revenue)- Non-current	$ 71,485	$ 75,852

Provision For Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Current Federal	$ 59,390	$ 55,598	$ 46,137
Current State	18,089	13,897	13,690
Deferred Federal	24,391	14,401	21,130
Deferred State	7,481	2,360	3,451
PROVISION FOR INCOME TAXES	$ 109,351	$ 86,256	$ 84,408

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References + Details

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income	$ 362,916	$ 311,469	$ 296,668
Adjustments to reconcile net income to net cash from operating activities:
Depreciation	50,789	52,515	52,206
Amortization	126,835	123,233	119,599
Change in deferred income taxes	31,872	16,760	24,581
Expense for stock-based compensation	24,780	20,746	16,883
(Gain)/loss on disposal of assets and businesses	400	(1,988)	4,735
Changes in operating assets and liabilities:
Change in receivables	(41,508)	(6,112)	10,540
Change in prepaid expenses, deferred costs and other	(82,565)	(57,059)	(25,759)
Change in accounts payable	6,646	(94)	(47)
Change in accrued expenses	1,190	7,045	19,720
Change in income taxes	16,704	(10,927)	(3,723)
Change in deferred revenues	6,572	6,541	(4,871)
Net cash from operating activities	504,631	462,129	510,532
CASH FLOWS FROM INVESTING ACTIVITIES:
Payment for acquisitions, net of cash acquired	0	(2,300)	(30,376)
Capital expenditures	(34,659)	(22,988)	(53,538)
Proceeds from the sale of assets	45	6,187	11,130
Purchased software	(8,491)	(6,506)	(6,710)
Computer software developed	(148,239)	(128,343)	(117,262)
Proceeds from Investments	0	5,000	0
Purchase of investments	(5,000)	(13,300)	(1,150)
Net cash from investing activities	(196,344)	(162,250)	(197,906)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings on credit facilities	332,000	200,000	55,000
Repayments on credit facilities and financing leases	(317,127)	(100,114)	(55,033)
Purchase of treasury stock	(193,916)	(431,529)	(71,549)
Dividends paid	(139,070)	(133,800)	(127,421)
Proceeds from issuance of common stock upon exercise of stock options	0	1	0
Tax withholding payments related to share based compensation	(4,152)	(7,721)	(3,739)
Proceeds from sale of common stock	11,773	10,931	9,833
Net cash from financing activities	(310,492)	(462,232)	(192,909)
NET CHANGE IN CASH AND CASH EQUIVALENTS	(2,205)	(162,353)	119,717
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	50,992	213,345	93,628
CASH AND CASH EQUIVALENTS, END OF PERIOD	$ 48,787	$ 50,992	$ 213,345

Stock Based Compensation (Text Block)

12 Months Ended

Jun. 30, 2022

Share-based Payment Arrangement [Abstract]

Stock-Based Compensation [Text Block]

STOCK-BASED COMPENSATION

The Company's pre-tax operating income for the fiscal years ended June 30, 2022, 2021, and 2020 includes $24,780, $20,746, and $16,883, respectively, of equity-based compensation costs, of which $22,703, $18,817, and $15,148, respectively, relates to the restricted stock plans. Costs are recorded net of estimated forfeitures. The total income tax benefits from equity-based compensation for the fiscal years ended June 30, 2022, 2021, and 2020 were $4,252, $3,258, and $3,072, respectively. These income tax benefits included income tax net excess benefits from stock option exercises and restricted stock vestings of $652, $719, and $340 for the fiscal years ended June 30, 2022, 2021, and 2020, respectively.

Stock Option Awards

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.

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


	Number of Shares	Weighted Average Exercise Price		Aggregate Intrinsic Value
Outstanding July 1, 2019	32	$	87.27
Granted	—	—
Forfeited	—	—
Exercised	(10)	87.27
Outstanding July 1, 2020	22	87.27
Granted	—	—
Forfeited	—	—
Exercised	—	—
Outstanding July 1, 2021	22	87.27
Granted	—	—
Forfeited	—	—
Exercised	(10)	87.27
Outstanding June 30, 2022	12	$	87.27	$	1,084
Vested and Expected to Vest June 30, 2022	12	$	87.27	$	1,084
Exercisable June 30, 2022	12	$	87.27	$	1,084

There were no options granted in the fiscal years ended June 30, 2022, 2021, and 2020.

The Company utilized a Black-Scholes option pricing model to estimate fair value of the stock option grants at the grant date. All remaining options 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.

At June 30, 2022, there was no compensation cost yet to be recognized related to outstanding options.

The total intrinsic value of options exercised was $1,005, $0, and $809 for the fiscal years ended June 30, 2022, 2021, and 2020, respectively. There were 10 options exercised for the fiscal year ended June 30, 2022.

Restricted Stock Awards

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 EIP. Upon issuance, shares of restricted stock were subject to forfeiture and to restrictions which limited the sale or transfer of the shares during the restriction period. The restrictions were 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, 2019	6	$	87.27
Granted	—	—
Vested	(6)	87.27
Forfeited	—	—
Outstanding July 1, 2020	—	—
Granted	—	—
Vested	—	—
Forfeited	—	—
Outstanding July 1, 2021	—	—
Granted	—	—
Vested	—	—
Forfeited	—	—
Outstanding June 30, 2022	—	—

No shares of restricted stock were granted during the fiscal years ended June 30, 2022, 2021, and 2020, respectively.

The non-vested share awards granted prior to July 1, 2016, did 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 after July 1, 2016, did participate in dividends during the restriction period and the weighted-average fair value of such participating awards was based on the fair market value on the grant date.

Restricted Stock Unit Awards

An amendment to the Restricted Stock Plan was adopted by the Company on August 20, 2010, whereby restricted stock unit ("unit/s") awards were made to employee participants rather than restricted stock. The awarding of units continued with the 2015 Equity Incentive Plan. It is the intention of the Company to settle the unit awards in shares of the Company’s stock. Unit awards that have service requirements only and are not tied to performance measures generally vest over a period of 1 to 3 years.

The following table summarizes non-vested unit awards with service requirements only and those tied to service requirements and performance measures as of June 30, 2022, 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, 2019	298	$	107.00
Granted1	139	157.94
Vested	(69)	98.25
Forfeited2	(61)	85.33
Outstanding July 1, 2020	307	136.41
Granted1	113	170.69
Vested	(124)	111.08
Forfeited2	(2)	140.46
Outstanding July 1, 2021	294	160.22
Granted1	135	178.60
Vested	(71)	145.50
Forfeited2	(55)	189.33
Outstanding June 30, 2022	303	$166.50		$54,548

1Granted includes restricted stock unit awards and performance unit awards at 100% achievement.

2Forfeited includes restricted stock unit awards and performance unit awards forfeited for service requirements not met and performance unit awards not settled due to underachievement of performance measures.

The 135 unit awards granted in fiscal 2022 had service requirements and performance measures, with 87 only having service requirements. The unit awards with only service requirements were valued at the weighted average fair value of the non-vested units based on the fair market value of the Company’s equity shares on the grant date, less the present value of expected future dividends to be declared during the vesting period, consistent with the methodology for calculating compensation expense on such awards.

The remaining 48 unit awards granted in fiscal 2022 have performance targets along with service requirements. 19 of these performance and service requirement unit awards were valued at grant by estimating 100% payout at release and using the fair market value of the Company equity shares on the grant date, less the present value of expected future dividends to be declared during the vesting period. The payout at release of approximately half of these unit awards will be determined based on the Company's compound annual growth rate ("CAGR") for revenue (excluding adjustments) for the three-year vesting period compared against goal thresholds as defined in the award agreement. The performance payout at release of the other half of these unit awards will be determined based on the expansion of the Company's non-GAAP operating margin over the three-year vesting period compared against goal thresholds as defined in the award agreement. The other 29 performance and service requirement unit awards were valued at grant using a Monte Carlo pricing model as of the measurement date customized to the specific provisions of the Company’s plan design. Per the Company's award vesting and settlement provisions, the awards that utilized a Monte Carlo pricing model were valued at grant on the basis of Total Shareholder Return ("TSR") in comparison to the custom peer group ("Compensation Peer Group") comprised of the Standard & Poor's 1500 Software & Services Index ("S&P 1500 S&S Index") participant companies and other participants approved by the Compensation Committee of the Company's Board of Directors for fiscal year 2022. For fiscal years 2021 and 2020, TSR was in comparison to two separate groups—a custom peer group, the Compensation Peer Group in the table below, and the Standard & Poor's 1500 Information Technology Index ("S&P 1500 IT Index") participants—as approved by the Compensation Committee for each of those fiscal years. 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.

The weighted average assumptions used in the Monte Carlo pricing model to estimate fair value at the grant dates for awards with performance targets and service requirements are as follows:


	Year Ended June 30,
Monte Carlo award inputs:	2022			2021			2020
Compensation Peer Group:1
Volatility	28.6		%	25.2		%	16.8		%
Risk free interest rate	0.32		%	0.11		%	1.34		%
Annual dividend based on most recent quarterly dividend	$	1.84		$	1.72		$	1.60
Dividend yield	1.1		%	1.0		%	1.1		%
Beginning average percentile rank for TSR	65		%	37		%	63		%

S&P 1500 IT Index:
Volatility				25.2		%	16.8		%
Risk free interest rate				0.11		%	1.34		%
Annual dividend based on most recent quarterly dividend				$	1.72		$	1.60
Dividend yield				1.0		%	1.1		%
Beginning average percentile rank for TSR				30		%	61		%

1For fiscal 2022, S&P 1500 S&S Index participants were included in the Compensation Peer Group.

At June 30, 2022, there was $19,076 of compensation expense, excluding forfeitures, that has yet to be recognized related to non-vested restricted stock unit awards, which will be recognized over a weighted-average remaining contractual term of 1.12 years.

The fair value of restricted units at vest date totaled $12,139, $21,652, and $11,248 for the fiscal years ended June 30, 2022, 2021, and 2020, respectively.

Revenue and Deferred Costs

12 Months Ended

Jun. 30, 2022

Revenue from Contract with Customer [Abstract]

Revenue and Deferred Costs

REVENUE AND DEFERRED COSTS

Revenue Recognition

The Company generates revenue from data processing, transaction processing, software licensing and related services, professional services, and hardware sales.

The Company recognizes revenue when or as it satisfies each performance obligation by transferring control of a solution or service to the customer.

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.

Private and Public Cloud

Private and public 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.

On-Premise Support

On-premise 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.

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.

Disaggregation of Revenue


	Year Ended June 30,
	2022		2021		2020
Private and Public Cloud	$	561,500	$	504,548	$	464,066
Product Delivery and Services	250,843		208,856		259,110
On-Premise Support	344,022		334,802		328,275
Services and Support	1,156,365		1,048,206		1,051,451

Processing	786,519		710,019		645,616

Total Revenue	$	1,942,884	$	1,758,225	$	1,697,067

Contract Balances

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


	June 30, 2022		June 30, 2021
Receivables, net	$	348,072	$	306,564
Contract Assets- Current	24,447		22,884
Contract Assets- Non-current	68,261		52,920
Contract Liabilities (Deferred Revenue)- Current	330,687		319,748
Contract Liabilities (Deferred Revenue)- Non-current	71,485		75,852

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 contingent upon 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.

For the fiscal years ended June 30, 2022, 2021, and 2020, the Company recognized revenue of $270,972, $256,952, and $259,887, respectively, that was included in the corresponding deferred revenue balance at the beginning of the periods.

Amounts recognized that relate 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 re-allocations due to changes in estimates of variable consideration.

Transaction Price Allocated to Remaining Performance Obligations

As of June 30, 2022, 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 $5,659,080. The Company expects to recognize approximately 26% over the next 12 months, 20% 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 $380,095 and $314,807, at June 30, 2022 and 2021, respectively.

During the fiscal years ended June 30, 2022, 2021, and 2020, amortization of deferred contract costs totaled $133,174, $122,143, and $117,763, respectively. There were no impairment losses in relation to capitalized costs for the periods presented.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-URI http://asc.fasb.org/topic&trid=49130388

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(2)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130556-203045

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130550-203045

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130558-203045

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045

+ Details

Business Acquisitions (Text Block)	12 Months Ended
Business Acquisitions (Text Block)	Jun. 30, 2022
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]
Business Acquisitions [Text Block]	BUSINESS ACQUISITIONS Geezeo On July 1, 2019, the Company acquired all of the equity interest of Geezeo for $37,776 paid in cash. The primary reason for the acquisition was to expand the Company's digital financial management solutions and the purchase was funded by cash generated from operations. Geezeo is a Boston-based provider of retail and business digital financial management solutions. Costs incurred related to the acquisition of Geezeo in fiscal 2020 totaled $30 for professional services, travel, and other fees, and were expensed as incurred and reported within cost of revenue and selling, general, and administrative expense. The Company's consolidated statement of income for the fiscal years ended June 30, 2022, 2021, and 2020 included revenue of $12,733, $13,233, and $8,969, respectively, and after-tax net income of $4,679, $4,805, and $654, respectively, resulting from Geezeo's operations. The accompanying consolidated statement of income for the fiscal year ended June 30, 2020 does not include any revenues and expenses related to this acquisition prior to the acquisition date. The impact of this acquisition was considered immaterial to the current and prior periods of our consolidated financial statements and pro forma financial information has not been provided.

Property and Equipment (Text Block)

12 Months Ended

Jun. 30, 2022

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,
	2022		2021		Estimated Useful Life
Land	$	16,781	$	22,885
Land improvements	23,571		23,783		5 - 20 years
Buildings	129,313		149,041		20 - 30 years
Leasehold improvements	51,708		55,407		5 - 30 years	(1)
Equipment and furniture	400,856		391,507		3 - 10 years
Aircraft and equipment	41,492		41,047		4 - 10 years
Construction in progress	2,547		3,639
Finance lease right of use asset (2)	320		341
	666,588		687,650
Less accumulated depreciation	454,879		435,169
Property and equipment, net	$	211,709	$	252,481

(1) Lesser of lease term or estimated useful life

(2) See Note 4 for details

The change in property and equipment in accrued liabilities was a decrease of $4,097 and an increase of $8,699 for the fiscal years ended June 30, 2022, and 2021, respectively. The changes in property and equipment acquired through capital leases were decreases of $21 and $14 for the fiscal years ended June 30, 2022, and 2021, respectively, and an increase of $355 for the fiscal year ended June 30, 2020. These amounts were excluded from capital expenditures on the statements of cash flows.

No impairments of property and equipment were recorded in the fiscal years ended June 30, 2022, 2021, or 2020.

During the quarter ended March 31, 2022, the Company received an offer to purchase one of its facilities and management has committed to sell the facility. At June 30, 2022, this facility's assets were classified as assets held for sale by the Company in the amount of $20,201, and were not included in property and equipment, net. Total assets held for sale by the Company at June 30, 2021, were $0.

Other Assets Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
Other Assets Goodwill (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 687,458
Goodwill, ending balance	687,458	$ 687,458
Core Segment [Member]
Goodwill [Roll Forward]
Goodwill, beginning balance	195,578	199,956
Goodwill, acquired during the year	0	0
Goodwill, transferred during the year	0	(4,017)
Goodwill, adjustments related to dispositions	0	(361)
Goodwill, ending balance	195,578	195,578
Payments [Member]
Goodwill [Roll Forward]
Goodwill, beginning balance	325,326	325,326
Goodwill, acquired during the year	0	0
Goodwill, adjustments related to dispositions	0	0
Goodwill, ending balance	325,326	325,326
Complementary [Member]
Goodwill [Roll Forward]
Goodwill, beginning balance	166,554	161,052
Goodwill, transferred during the year	0	4,017
Goodwill, adjustments related to dispositions	0	0
Goodwill, ending balance	166,554	166,554
Series of Individually Immaterial Asset Acquisitions \| Complementary [Member]
Goodwill [Roll Forward]
Goodwill, acquired during the year	$ 0	$ 1,485

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Earnings Per Share, Basic and Diluted [Abstract]
Net income	$ 362,916	$ 311,469	$ 296,668
Common share information:
Basic weighted average shares outstanding	73,324	75,546	76,787
Dilutive effect of stock options, restricted stock units, and restricted stock	162	112	147
Diluted weighted average shares outstanding	73,486	75,658	76,934
Basic earnings per share	$ 4.95	$ 4.12	$ 3.86
Diluted earnings per share	$ 4.94	$ 4.12	$ 3.86
Antidilutive stock options and restricted stock excluded from computation of earnings per share	7	11	2

- 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 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (e)(4)
-URI http://asc.fasb.org/extlink&oid=123482062&loc=SL123482106-238011

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22583-107794

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=125511455&loc=d3e1448-109256

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22595-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 7: 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=125511455&loc=d3e1337-109256

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123482062&loc=SL123482106-238011

Reference 9: 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=125512782&loc=d3e4984-109258

Reference 10: 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(23))
-URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=125512782&loc=d3e3842-109258

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 7
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22644-107794

Reference 13: 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=124432515&loc=d3e3550-109257

Reference 14: 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(25))
-URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227

Reference 15: 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=125511455&loc=d3e1252-109256

Reference 16: 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=125511455&loc=SL5780133-109256

Reference 17: 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(27))
-URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

+ 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=125512782&loc=d3e4984-109258

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 7
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22644-107794

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=125512782&loc=d3e3842-109258

Reference 4: 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=125511455&loc=d3e1252-109256

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22595-107794

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22583-107794

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=125511455&loc=SL5780133-109256

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123482062&loc=SL123482106-238011

Reference 10: 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(27))
-URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

Reference 11: 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=124432515&loc=d3e3550-109257

Reference 12: 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(23))
-URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 14: 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=125511455&loc=d3e1337-109256

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (e)(4)
-URI http://asc.fasb.org/extlink&oid=123482062&loc=SL123482106-238011

Reference 16: 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(25))
-URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227

+ Details

- Definition

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

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(22))
-URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22595-107794

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(18))
-URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123482062&loc=SL123482106-238011

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=124431353&loc=SL124452729-227067

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(20))
-URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3602-108585

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22663-107794

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 17: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123596393&loc=d3e14064-108612

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22583-107794

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 60B
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=125511455&loc=SL5780133-109256

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22658-107794

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124509347&loc=SL7669619-108580

Reference 25: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 11
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22694-107794

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1B
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124509347&loc=SL7669625-108580

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 32: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 34: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

Reference 35: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

+ Details

Income Taxes Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
Income Taxes Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Computed expected tax expense	21.00%	21.00%	21.00%
Deferred Tax Assets, Valuation Allowance	$ 200	$ 270
Income Taxes Paid	60,553	80,220	$ 63,692
Unrecognized Tax Benefits	8,990	8,762	10,112	$ 10,495
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	8,066	8,119
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	1,234	1,180
Income Tax penalties and interest expense (or benefits) included in income tax provision	73	$ (310)	$ 38
Internal Revenue Service (IRS) [Member]
Operating Loss Carryforwards	918
State and Local Jurisdiction [Member]
Operating Loss Carryforwards	215
Tax Credit Carryforward, Amount	1,700
Minimum [Member]
Expiration of statutes of limitations impact on UTB balance	1,500
Maximum [Member]
Expiration of statutes of limitations impact on UTB balance	$ 4,000

Organization, Consolidation and Presentation of Financial Statements (Tables)

12 Months Ended

Jun. 30, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Accounts Receivable, Allowance for Credit Loss

The following table summarizes allowance for credit losses activity for the years ended June 30, 2022, and 2021:


	Year Ended June 30,
	2022		2021
Allowance for credit losses - beginning balance	$	7,266	$	6,719
Cumulative effect of accounting standards update adoption	—		493
Current provision for expected credit losses	1,740		2,130
Write-offs charged against allowance	(1,389)		(2,070)
Recoveries of amounts previously written off	(1)		(3)
Other	—		(3)
Allowance for credit losses - ending balance	$	7,616	$	7,266

Disaggregation of Revenue (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disaggregation of Revenue [Line Items]
REVENUE	$ 1,942,884	$ 1,758,225	$ 1,697,067
Private and Public Cloud [Member]
Disaggregation of Revenue [Line Items]
REVENUE	561,500	504,548	464,066
Product Delivery and Service [Member]
Disaggregation of Revenue [Line Items]
REVENUE	250,843	208,856	259,110
On-Premise Support [Member]
Disaggregation of Revenue [Line Items]
REVENUE	344,022	334,802	328,275
Services and Support [Member]
Disaggregation of Revenue [Line Items]
REVENUE	1,156,365	1,048,206	1,051,451
Processing [Member]
Disaggregation of Revenue [Line Items]
REVENUE	$ 786,519	$ 710,019	$ 645,616

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 4
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130543-203045

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 924
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-URI http://asc.fasb.org/extlink&oid=6472922&loc=d3e499488-122856

+ Details

Industry and Supplier Concentrations Concentration Risk (Details)	12 Months Ended
	Jun. 30, 2022
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 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 third parties. Termination of the Company’s relationship with one or more of these third parties could have a negative impact on the operations of the Company.

Nature of Operations and Summary of Significant Accounting Policies Purchase of Investment (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Automated Bookkeeping, Inc. [Member] \| Preferred stock
Equity Securities without Readily Determinable Fair Value [Line Items]
Investment Owned, at Cost	$ 18,250	$ 13,250

Income Taxes (Text Block)

12 Months Ended

Jun. 30, 2022

Income Tax Disclosure [Abstract]

Income Taxes [Text Block]

INCOME TAXES

The provision for income taxes consists of the following:


	Year Ended June 30,
	2022		2021		2020
Current:
Federal	$	59,390	$	55,598	$	46,137
State	18,089		13,897		13,690
Deferred:
Federal	24,391		14,401		21,130
State	7,481		2,360		3,451
	$	109,351	$	86,256	$	84,408

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


	June 30,
	2022		2021
Deferred tax assets:
Contract and service revenues	$	15,340	$	13,428
Expense reserves and accruals (bad debts, compensation, and payroll tax)	15,382		17,566
Leasing liabilities	12,868		15,182
Net operating loss and tax credit carryforwards	2,107		3,242
Other, net	3,311		2,634
Total gross deferred tax assets	49,008		52,052
Valuation allowance	(200)		(270)
Net deferred tax assets	48,808		51,782

Deferred tax liabilities:
Accelerated tax depreciation	(33,390)		(37,066)
Accelerated tax amortization	(192,187)		(175,804)
Contract and service costs	(104,139)		(85,696)
Leasing right-of-use assets	(11,722)		(13,974)
Total gross deferred liabilities	(341,438)		(312,540)

Net deferred tax liability	$	(292,630)	$	(260,758)

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


	Year Ended June 30,
	2022		2021		2020
Computed "expected" tax expense	21.0	%	21.0	%	21.0	%
Increase (reduction) in taxes resulting from:
State income taxes, net of federal income tax benefits	4.3	%	3.2	%	3.6	%
Research and development credit	(2.0)	%	(2.4)	%	(2.4)	%



Other (net)	(0.1)	%	(0.1)	%	(0.1)	%
	23.2	%	21.7	%	22.1	%

As of June 30, 2022, the Company has $918 of gross federal net operating loss (“NOL”) pertaining to the acquisition of Goldleaf Financial Solutions, Inc. which is expected to be utilized after the application of IRC Section 382. Separately, as of June 30, 2022, the Company has state NOL and tax credit carryforwards with a tax-effected value of $215 and $1,700, respectively. The federal and state loss and credit carryover have varying expiration dates, ranging from fiscal 2023 to 2042. Based on state tax rules which restrict utilization of these losses and tax credits, the Company believes it is more likely than not that $200 of these losses and tax credits will expire unutilized. Accordingly, valuation allowances of $200 and $270 have been recorded against the state net operating losses and tax credit carryforwards as of June 30, 2022 and 2021, respectively.

The Company paid income taxes, net of refunds, of $60,553, $80,220, and $63,692 in fiscal 2022, 2021, and 2020, respectively.

At June 30, 2022, the Company had $8,990 of gross unrecognized tax benefits, $8,066 of which, if recognized, would affect its effective tax rate. At June 30, 2021, the Company had $8,762 of unrecognized tax benefits, $8,119 of which, if recognized, would affect its effective tax rate. The Company had accrued interest and penalties of $1,234 and $1,180 related to uncertain tax positions at June 30, 2022 and 2021, respectively. The income tax provision included interest expense and penalties (or benefits) on unrecognized tax benefits of $73, $(310), and $38 in the fiscal years ended June 30, 2022, 2021, and 2020, respectively.

A reconciliation of the unrecognized tax benefits for the fiscal years ended June 30, 2022, 2021, and 2020 follows:


	Unrecognized Tax Benefits
Balance at July 1, 2019	$	10,495
Additions for current year tax positions	1,451

Additions for prior year tax positions	867

Additions related to business combinations	192

Reductions related to expirations of statute of limitations	(2,893)
Balance at June 30, 2020	10,112
Additions for current year tax positions	1,598

Additions for prior year tax positions	490
Reductions for prior year tax positions	(30)


Reductions related to expirations of statute of limitations	(3,408)
Balance at June 30, 2021	8,762
Additions for current year tax positions	1,863

Additions for prior year tax positions	1,642
Reductions for prior year tax positions	(36)


Reductions related to expirations of statute of limitations	(3,241)
Balance at June 30, 2022	$	8,990

The U.S. federal income tax returns for fiscal 2019 and all subsequent years remain subject to examination as of June 30, 2022 under statute of limitations rules. The U.S. state income tax returns that remain subject to examination as of June 30,2022 under the statute of limitation rules varies by state jurisdiction from fiscal 2016 through 2019 and all subsequent years. The Company anticipates that potential changes due to lapsing statutes of limitations and examination closures could reduce the unrecognized tax benefits balance by $1,500 - $4,000 within twelve months of June 30, 2022.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 21
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32857-109319

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-URI http://asc.fasb.org/extlink&oid=122134291&loc=d3e330215-122817

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 17
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32809-109319

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 6.I.5.Q1)
-URI http://asc.fasb.org/extlink&oid=122134291&loc=d3e330036-122817

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32705-109319

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 270
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6424409&loc=d3e44925-109338

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-URI http://asc.fasb.org/topic&trid=2144680

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6424122&loc=d3e41874-109331

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
CURRENT ASSETS:
Cash and Cash Equivalents	$ 48,787	$ 50,992
Receivables, net	348,072	306,564
Income tax receivable	13,822	30,243
Prepaid expenses and other	125,537	109,723
Deferred costs	57,105	46,215
Assets held for sale	20,201	0
Total current assets	613,524	543,737
PROPERTY AND EQUIPMENT, net	211,709	252,481
OTHER ASSETS:
Non-current deferred costs	143,750	127,205
Computer software, net of amortization	410,957	368,094
Other non-current assets	293,526	249,210
Other intangible assets, net of amortization	25,137	26,129
Goodwill	687,458	687,458
Total other assets	1,630,331	1,539,938
Total assets	2,455,564	2,336,156
CURRENT LIABILITIES:
Accounts payable	21,034	18,485
Accrued expenses	192,042	182,517
Notes payable and current maturities of long-term debt	67	110
Deferred revenues	330,687	319,748
Total current liabilities	543,830	520,860
LONG-TERM LIABILITIES:
Non-current deferred revenues	71,485	75,852
Deferred income tax liability	292,630	260,758
Debt, net of current maturities	115,000	100,083
Other long-term liabilities	50,996	59,311
Total long-term liabilities	530,111	496,004
Total liabilities	$ 1,073,941	$ 1,016,864
STOCKHOLDERS' EQUITY
Preferred stock, par value	$ 1	$ 1
Preferred stock, authorized shares	500,000	500,000
Preferred stock, issued shares	0	0
Preferred stock - $1 par value; 500,000 shares authorized, none issued	$ 0	$ 0
Common stock, par value	$ 0.01	$ 0.01
Common stock, authorized shares	250,000,000	250,000,000
Common stock, issued shares	103,921,724	103,795,169
Common stock - $0.01 par value; 250,000,000 shares authorized; 103,921,724 shares issued at June 30, 2022; 103,795,169 shares issued at June 30, 2021	$ 1,039	$ 1,038
Additional paid-in capital	551,360	518,960
Retained earnings	$ 2,636,342	$ 2,412,496
Treasury Stock, Shares	31,042,903	29,792,903
Less treasury stock at cost; 31,042,903 shares at June 30, 2022; 29,792,903 shares at June 30, 2021	$ (1,807,118)	$ (1,613,202)
Total stockholders' equity	1,381,623	1,319,292
Total liabilities and equity	2,455,564	2,336,156
Customer Relationships [Member]
OTHER ASSETS:
Customer relationships, net of amortization	$ 69,503	$ 81,842

Leases (Tables)

12 Months Ended

Jun. 30, 2022

Leases [Abstract]

Maturity of Lease Liabilities Under ASC 842 [Table Text Block]

Future minimum rental payments on operating leases with initial non-cancellable lease terms in excess of one year were due as follows at June 30, 2022*:


Due dates	Future Minimum Rental Payments

2023	$	11,917
2024	10,246
2025	7,490
2026	6,572
2027	5,777
Thereafter	13,899
Total lease payments	$	55,901
Less: interest	(4,449)
Present value of lease liabilities	$	51,452

*Financing leases were immaterial to the fiscal year, so a maturity of lease liabilities table has only been included for operating leases.

Reportable Segment Information (Tables)

12 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

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


	Year Ended
	June 30, 2022
	Core		Payments		Complementary		Corporate and Other		Total
REVENUE
Services and Support	$	583,752	$	78,402	$	444,485	$	49,726	$	1,156,365
Processing	38,690		628,617		116,726		2,486		786,519
Total Revenue	622,442		707,019		561,211		52,212		1,942,884

Cost of Revenue	261,585		380,954		232,088		253,987		1,128,614
Research and Development									121,355
Selling, General, and Administrative									218,296

Total Expenses									1,468,265

SEGMENT INCOME	$	360,857	$	326,065	$	329,123	$	(201,775)

OPERATING INCOME									474,619

INTEREST INCOME (EXPENSE)									(2,352)

INCOME BEFORE INCOME TAXES									$	472,267


	Year Ended
	June 30, 2021
	Core		Payments		Complementary		Corporate and Other		Total
REVENUE
Services and Support	$	529,193	$	63,445	$	410,930	$	44,638	$	1,048,206
Processing	34,903		578,863		94,998		1,255		710,019
Total Revenue	564,096		642,308		505,928		45,893		1,758,225

Cost of Revenue	247,150		353,581		212,627		250,041		1,063,399
Research and Development									109,047
Selling, General, and Administrative									187,060

Total Expenses									1,359,506

SEGMENT INCOME	$	316,946	$	288,727	$	293,301	$	(204,148)

OPERATING INCOME									398,719

INTEREST INCOME (EXPENSE)									(994)

INCOME BEFORE INCOME TAXES									$	397,725


	Year Ended
	June 30, 2020
	Core		Payments		Complementary		Corporate and Other		Total
REVENUE
Services and Support	$	529,997	$	66,920	$	401,639	$	52,895	$	1,051,451
Processing	31,372		530,773		82,507		964		645,616
Total Revenue	561,369		597,693		484,146		53,859		1,697,067

Cost of Revenue	240,492		319,739		203,963		244,270		1,008,464
Research and Development									109,988
Selling, General, and Administrative									197,988

Total Expenses									1,316,440

SEGMENT INCOME	$	320,877	$	277,954	$	280,183	$	(190,411)

OPERATING INCOME									380,627

INTEREST INCOME (EXPENSE)									449

INCOME BEFORE INCOME TAXES									$	381,076

Stock Options (Details) - Share-based Payment Arrangement, Option [Member] - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding, period start, number of shares	22	22	32
Granted, number of shares	0	0	0
Forfeited, number of shares	0	0	0
Exercised, number of shares	(10)	0	(10)
Outstanding, period end, number of shares	12	22	22
Outstanding, period start, weighted average exercise price	$ 87.27	$ 87.27	$ 87.27
Granted, weighted average exercise price	0	0	0
Forfeited, weighted average exercise price	0	0	0
Exercised, weighted average exercise price	87.27	0	87.27
Outstanding, period end, weighted average exercise price	$ 87.27	$ 87.27	$ 87.27
Outstanding, period end, intrinsic value	$ 1,084
Vested and Expected to Vest, period end, number of shares	12
Vested and Expected to Vest, period end, weighted average exercise price	$ 87.27
Vested and Expected to Vest, period end, intrinsic value	$ 1,084
Exercisable, period end, number of shares	12
Exercisable, period end, weighted average exercise price	$ 87.27
Exercisable, period end, intrinsic value	$ 1,084

Reportable Segment Information Reconciliation of Operating Profit by Segment to Consolidated (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	$ 1,942,884	$ 1,758,225	$ 1,697,067
Cost of Revenue	1,128,614	1,063,399	1,008,464
Research and Development	121,355	109,047	109,988
Selling, General and Administrative	218,296	187,060	197,988
Total Expenses	1,468,265	1,359,506	1,316,440
OPERATING INCOME	474,619	398,719	380,627
TOTAL INTEREST INCOME (EXPENSE)	(2,352)	(994)	449
INCOME BEFORE INCOME TAXES	472,267	397,725	381,076
Core Segment [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	622,442	564,096	561,369
Cost of Revenue	261,585	247,150	240,492
SEGMENT INCOME	360,857	316,946	320,877
Payments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	707,019	642,308	597,693
Cost of Revenue	380,954	353,581	319,739
SEGMENT INCOME	326,065	288,727	277,954
Complementary [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	561,211	505,928	484,146
Cost of Revenue	232,088	212,627	203,963
SEGMENT INCOME	329,123	293,301	280,183
Corporate and Other [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	52,212	45,893	53,859
Cost of Revenue	253,987	250,041	244,270
SEGMENT INCOME	(201,775)	(204,148)	(190,411)
Services and Support [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	1,156,365	1,048,206	1,051,451
Services and Support [Member] \| Core Segment [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	583,752	529,193	529,997
Services and Support [Member] \| Payments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	78,402	63,445	66,920
Services and Support [Member] \| Complementary [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	444,485	410,930	401,639
Services and Support [Member] \| Corporate and Other [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	49,726	44,638	52,895
Processing [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	786,519	710,019	645,616
Processing [Member] \| Core Segment [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	38,690	34,903	31,372
Processing [Member] \| Payments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	628,617	578,863	530,773
Processing [Member] \| Complementary [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	116,726	94,998	82,507
Processing [Member] \| Corporate and Other [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
REVENUE	$ 2,486	$ 1,255	$ 964

RSU Measurement Date Assumptions (Details) - Restricted Stock Units (RSUs) [Member] - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Compensation Peer Group [Member]
RSU grant date weighted average fair value assumptions
Volatility	28.60%	25.20%	16.80%
Risk free interest rate	0.32%	0.11%	1.34%
Annual dividend based on most recent quarterly dividend	$ 1.84	$ 1.72	$ 1.60
Dividend yield	1.10%	1.00%	1.10%
Beginning percentile rank for Total Share Return (TSR)		65.00%	37.00%	63.00%
S&P 500 IT Index [Member]
RSU grant date weighted average fair value assumptions
Volatility		25.20%	16.80%
Risk free interest rate		0.11%	1.34%
Annual dividend based on most recent quarterly dividend		$ 1.72	$ 1.60
Dividend yield		1.00%	1.10%
Beginning percentile rank for Total Share Return (TSR)			30.00%	61.00%

Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Unrecognized Tax Benefits, period start	$ 8,762	$ 10,112	$ 10,495
Additions for current year tax positions	1,863	1,598	1,451
Additions for prior year tax positions	1,642	490	867
Reductions for prior year tax positions	(36)	(30)
Additions related to business combinations			192
Reductions related to expirations of statute of limitations	(3,241)	(3,408)	(2,893)
Unrecognized Tax Benefits, period end	$ 8,990	$ 8,762	$ 10,112

Debt Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
Debt Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Debt Instrument [Line Items]
Short-term debt	$ 67	$ 110
Long-term debt	115,000	100,083
Interest Paid, Including Capitalized Interest, Operating and Investing Activities	1,788	852	$ 475
Unsecured Debt [Member]
Debt Instrument [Line Items]
Unsecured Loan, Unused Borrowing Capacity	$ 5,000
Unsecured Loan, Maturity Date	Apr. 30, 2023
Unsecured Loan, Amount Outstanding	$ 0	0
Revolving Credit Facility [Member] \| Line of Credit [Member]
Debt Instrument [Line Items]
Revolving Credit Facility, Current Borrowing Capacity	300,000
Revolving Credit Facility, Maximum Borrowing Capacity	$ 700,000
Revolving Credit Facility, Expiration Date	Feb. 10, 2025
Long-term Debt	$ 115,000	$ 100,000
Fed Funds Effective Rate Overnight Index 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%)

Leases (Policies)	12 Months Ended
Leases (Policies)	Jun. 30, 2022
Leases [Abstract]
Lessee, Leases [Policy Text Block]	The Company determines if an arrangement is a lease, or contains a lease, at inception. The lease term begins on the commencement date, which is the date the Company takes possession of the property and may include options to extend or terminate the lease when it is reasonably certain that the option will be exercised. The lease term is used to determine lease classification as an operating or finance lease and is used to calculate straight-line expense for operating leases. Right-of-use (“ROU”) assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. As a practical expedient, lease agreements with lease and non-lease components are accounted for as a single lease component for all asset classes, which are comprised of real estate leases and equipment leases. ROU assets and lease liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. ROU assets also include prepaid lease payments and exclude lease incentives received. The Company estimates contingent lease incentives when it is probable that the Company is entitled to the incentive at lease commencement. Since the Company’s leases do not typically provide an implicit rate, the Company uses its incremental borrowing rate based upon the information available at commencement date for both real estate and equipment leases. The determination of the incremental borrowing rate requires judgment. The Company determines the incremental borrowing rate using the Company’s current unsecured borrowing rate, adjusted for various factors such as collateralization and term to align with the terms of the lease. The Company elected the short-term lease recognition exemption for all leases that qualify. Therefore, leases with an initial term of 12 months or less are not recorded on the balance sheet; instead, lease payments are recognized as lease expense on a straight-line basis over the lease term. The Company leases certain office space, data centers and equipment. The Company’s leases have remaining terms of 1 to 11 years. Certain leases contain renewal options for varying periods, which are at the Company’s sole discretion. For leases where the Company is reasonably certain to exercise a renewal option, such option periods have been included in the determination of the Company’s ROU assets and lease liabilities. Certain leases require the Company to pay taxes, insurance, maintenance, and other operating expenses associated with the leased asset. Such amounts are not included in the measurement of the lease liability to the extent they are variable in nature. These variable lease costs are recognized as a variable lease expense when incurred. Certain leases include options to purchase the leased asset at the end of the lease term, which is assessed as a part of the Company’s lease classification determination. The depreciable life of the ROU asset and leasehold improvements are limited by the expected lease term unless the Company is reasonably certain of a transfer of title or purchase option.

Effective Tax Rate Reconciliation (Details)	12 Months Ended
Effective Tax Rate Reconciliation (Details)	Jun. 30, 2022 Rate	Jun. 30, 2021 Rate	Jun. 30, 2020 Rate
Income Tax Disclosure [Abstract]
Computed expected tax expense	21.00%	21.00%	21.00%
State income taxes, net of federal income tax benefits	4.30%	3.20%	3.60%
Research and development credit	(2.00%)	(2.40%)	(2.40%)
Other (net)	(0.10%)	(0.10%)	(0.10%)
Effective Income Tax Rate	23.20%	21.70%	22.10%

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
REVENUE
REVENUE	$ 1,942,884	$ 1,758,225	$ 1,697,067
EXPENSES
Cost of Revenue	1,128,614	1,063,399	1,008,464
Research and Development	121,355	109,047	109,988
Selling, General and Administrative	218,296	187,060	197,988
Total Expenses	1,468,265	1,359,506	1,316,440
OPERATING INCOME	474,619	398,719	380,627
INTEREST INCOME (EXPENSE)
Interest Income	32	150	1,137
Interest Expense	(2,384)	(1,144)	(688)
TOTAL INTEREST INCOME (EXPENSE)	(2,352)	(994)	449
INCOME BEFORE INCOME TAXES	472,267	397,725	381,076
PROVISION FOR INCOME TAXES	109,351	86,256	84,408
NET INCOME	$ 362,916	$ 311,469	$ 296,668
Earnings Per Share
Basic earnings per share	$ 4.95	$ 4.12	$ 3.86
Basic weighted average shares outstanding	73,324	75,546	76,787
Diluted earnings per share	$ 4.94	$ 4.12	$ 3.86
Diluted weighted average shares outstanding	73,486	75,658	76,934

Revenue and Deferred Costs Contract Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Revenue from Contract with Customer [Abstract]
Capitalized Contract Cost	$ 380,095	$ 314,807
Amortization of Deferred Contract Cost	$ 133,174	$ 122,143	$ 117,763

Leases (Details) - USD ($) $ in Thousands	12 Months Ended
Leases (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Lessee, Lease, Description [Line Items]
Operating Lease, Right-of-Use Asset	$ 46,869	$ 55,977
Finance Lease, Right-of-Use Asset	65	188
Operating Lease, Liability	51,452	60,828
Operating Lease, Liability, Current	10,681	11,460
Operating Lease, Liability, Noncurrent	40,771	49,368
Finance Lease, Liability	67	193
Finance Lease, Liability, Current	67	110
Finance Lease, Liability, Noncurrent		83
Accumulated Amortization Operating Lease Right-of-use asset	31,006	23,813
Accumulated Amortization Finance Lease Right-of-use asset	255	153
Operating Lease, Cost	13,058	14,676	$ 16,029
Finance Lease, Cost	105	121	41
Variable Lease, Cost	2,333	3,831	4,017
Operating Lease, Payments	13,082	13,672	14,348
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	2,407	4,691	4,212
Payments on Financing Leases	$ 109	$ 117	$ 33
Operating Lease, Weighted Average Remaining Lease Term	76 months	81 months	88 months
Operating Lease, Weighted Average Discount Rate, Percent	2.58%	2.67%	2.76%
Finance Lease, Weighted Average Remaining Lease Term	9 months	21 months	33 months
Finance Lease, Weighted Average Discount Rate, Percent	2.29%	2.39%	2.42%
Operating Lease Liability Option to Extend Amounts	$ 5,464
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Accrued expenses	Accrued expenses
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Other long-term liabilities	Other long-term liabilities
Finance Lease, Liability, Current, Statement of Financial Position [Extensible List]	Notes payable and current maturities of long-term debt	Notes payable and current maturities of long-term debt
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]		Debt, net of current maturities
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other non-current assets	Other non-current assets
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	PROPERTY AND EQUIPMENT, net	PROPERTY AND EQUIPMENT, net
Cedar Falls, IA
Lessee, Lease, Description [Line Items]
Lessee, Lease Not Yet Commenced, Future Minimum Payments Due	$ 797
Lessee, Operating Lease, Lease Not yet Commenced, Term of Contract	84 months
Minimum [Member]
Lessee, Lease, Description [Line Items]
Remaining lease terms	1 year
Maximum [Member]
Lessee, Lease, Description [Line Items]
Remaining lease terms	11 years

Other Assets (Text Block)

12 Months Ended

Jun. 30, 2022

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, 2022 and 2021, by reportable segments, is as follows:


	June 30,
Core	2022		2021
Beginning balance	$	195,578	$	199,956
Goodwill, acquired during the year	—		—
Goodwill, transferred during the year1	—		(4,017)
Goodwill, adjustments related to dispositions	—		(361)
Ending balance	$	195,578	$	195,578

Payments
Beginning balance	$	325,326	$	325,326
Goodwill, acquired during the year	—		—
Goodwill, adjustments related to dispositions	—		—
Ending balance	$	325,326	$	325,326

Complementary
Beginning balance	$	166,554	$	161,052
Goodwill, acquired during the year	—		1,485
Goodwill, transferred during the year1	—		4,017
Goodwill, adjustments related to dispositions	—		—
Ending balance	$	166,554	$	166,554

1Related to the transfer of our Call Center line of business from Core to Complementary, $4,017 of goodwill was transferred in fiscal 2021 between the two based upon the estimated fair value of that line of business.

Goodwill acquired during fiscal 2022 and 2021 was $0 and $1,485, respectively. Goodwill consists largely of the growth potential, synergies and economies of scale expected from combining the operations of the Company with those of the entities or assets acquired, together with their assembled workforces. No goodwill has been assigned to the Company's Corporate and Other reportable segment.

Other Intangible Assets

Information regarding other identifiable intangible assets is as follows:


	June 30, 2022
	Gross Carrying Amount		Accumulated Amortization		Net
Customer relationships	$	316,401	$	(246,898)	$	69,503
Computer software	$	1,111,308	$	(700,351)	$	410,957
Other intangible assets:	$	108,688	$	(83,551)	$	25,137

	June 30, 2021
	Gross Carrying Amount		Accumulated Amortization		Net
Customer relationships	$	316,401	$	(234,559)	$	81,842
Computer software	$	978,099	$	(610,005)	$	368,094
Other intangible assets:	$	102,615	$	(76,486)	$	26,129

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

Computer software includes cost of software to be sold, leased, or marketed of $173,402 and costs of internal-use software of $237,555 at June 30, 2022. At June 30, 2021, costs of software to be sold, leased, or marketed totaled $146,090, and costs of internal-use software totaled $222,004.

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 $105,036, $99,305, and $92,460 for the fiscal years ended June 30, 2022, 2021, and 2020, respectively. During fiscal 2020, computer software projects totaling $8,710, primarily related to Enterprise Risk Mitigation Solution and Payments Hub, were written off and are included in selling, general, and administrative on the Company's consolidated statement of income and as (gain)/loss on disposal of assets and businesses on the Company's consolidated statement of cash flows. There were no material impairments in fiscal years ended June 30, 2022 and 2021.

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

Amortization expense for all intangible assets was $126,835, $123,233, and $119,599 for the fiscal years ended June 30, 2022, 2021, and 2020, respectively. The estimated aggregate future amortization expense for each of the next five years for all intangible assets remaining as of June 30, 2022, is as follows:


Years Ending June 30,	Computer Software		Customer Relationships		Other Intangible Assets		Total
2023	$	100,314	$	9,745	$	8,137	$	118,196
2024	83,312		8,363		5,519		97,194
2025	64,739		7,910		3,118		75,767
2026	42,986		7,544		1,458		51,988
2027	19,521		7,451		1,379		28,351

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

12 Months Ended

Jun. 30, 2022

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 ("Jack Henry," "JKHY," or the "Company") is a leading provider of technology solutions and payment processing services primarily for the financial services industry. The Company 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 by providing the conversion and implementation services for financial institutions to utilize JKHY systems, and by providing payment processing other related services. JKHY also provides continuing support and services to customers using on-premise or JKHY cloud-based systems.

CONSOLIDATION

The consolidated financial statements include the accounts of JKHY 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 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.

Risks and Uncertainties

The novel coronavirus ("COVID-19") pandemic adversely impacted global economic activity and contributed to significant volatility in financial markets during calendar 2020 through calendar 2022 year to date. The Company has not, to this point in time, experienced material impacts from the COVID-19 pandemic, but did assess certain accounting matters that generally require consideration of forecasted financial information in context with the information reasonably available to the Company as of and for its fiscal year ended June 30, 2022 and through the date of this report. The accounting matters assessed included, but were not limited to, the Company’s allowance for credit losses, as well as the carrying value of goodwill and other long-lived assets. While there was not a material impact to the Company’s consolidated financial statements for fiscal 2022 and no material impacts expected for foreseeable future, the Company will continue to monitor assessments of COVID-19, as well as other factors that could result in material impacts to the Company’s consolidated financial statements in future reporting periods.

REVENUE RECOGNITION

The Company generates "Services and Support" revenue through software licensing and related services, private cloud core and 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.

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.

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.

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 for impairment 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. On July 1, 2020, the Company adopted FASB Accounting Standards Codification ("ASC") Topic 326, Financial Instruments - Credit Losses, ("CECL") (see "Recent Accounting Pronouncements" below). As a result, the Company changed its accounting policy for allowance for credit losses. The accounting policy pursuant to CECL is disclosed below. The adoption of CECL resulted in an immaterial cumulative effect adjustment recorded in retained earnings as of July 1, 2020.

The Company monitors trade and other receivable balances and contract assets and estimates the allowance for lifetime expected credit losses. Estimates of expected credit losses are based on historical collection experience and other factors, including those related to current market conditions and events.

The following table summarizes allowance for credit losses activity for the years ended June 30, 2022, and 2021:


	Year Ended June 30,
	2022		2021
Allowance for credit losses - beginning balance	$	7,266	$	6,719
Cumulative effect of accounting standards update adoption	—		493
Current provision for expected credit losses	1,740		2,130
Write-offs charged against allowance	(1,389)		(2,070)
Recoveries of amounts previously written off	(1)		(3)
Other	—		(3)
Allowance for credit losses - ending balance	$	7,616	$	7,266

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 it is more likely than not 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 it is more likely than not that the asset might be impaired.

PURCHASE OF INVESTMENT

At June 30, 2022 and 2021, the Company had $18,250 and $13,250, respectively, invested in the preferred stock of Automated Bookkeeping, Inc. ("Autobooks"), which represents a non-controlling share of the voting equity of Autobooks. 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 due to limited investors which reduces available comparative information. 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. Equity transactions are monitored quarterly to assess whether there are indicators of fair value.

COMPREHENSIVE INCOME

Comprehensive income for each of the fiscal years ending June 30, 2022, 2021, and 2020 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 14). 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, 2022, there were 31,043 shares in treasury stock and the Company had the remaining authority to repurchase up to 3,948 additional shares of its common stock. The total cost of treasury shares at June 30, 2022 was $1,807,118. During fiscal 2022, the Company repurchased 1,250 shares of its common stock for $193,916 to be held in treasury. At June 30, 2021, there were 29,793 shares in treasury stock and the Company had authority to repurchase up to 5,198 additional shares of its common stock.

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 11).

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 unrecognized 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

In December of 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, which removes certain exceptions and simplifies other requirements of Topic 740 guidance. The ASU was effective for the Company on July 1, 2021. The Company adopted ASU 2019-12 effective July 1, 2021 and the adoption did not have a material impact on its consolidated financial statements.

Not Adopted at Fiscal Year End

In October of 2021, the FASB issued ASU No. 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers, which improves the accounting for acquired revenue contracts with customers in a business combination by addressing diversity in practice and inconsistency related to recognition of an acquired contract liability and payment terms and their effect on subsequent revenue recognized by the acquirer. The ASU is effective for fiscal years beginning after December 15, 2022, and interim periods within those fiscal years. The Company plans to adopt the ASU effective July 1, 2023, and will apply it prospectively to business combinations occurring on or after that date.

- Definition

The entire disclosure for change in accounting principle. Includes, but is not limited to, nature, reason, and method of adopting amendment to accounting standards or other change in accounting principle.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 65
-Paragraph 1
-Subparagraph (g)(2)
-URI http://asc.fasb.org/extlink&oid=123338486&loc=SL49131195-203048

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-URI http://asc.fasb.org/topic&trid=2122394

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 105
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=124434974&loc=SL124442142-165695

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 65
-Paragraph 1
-Subparagraph (i)
-URI http://asc.fasb.org/extlink&oid=123338486&loc=SL49131195-203048

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 65
-Paragraph 8
-Subparagraph (e)(2)
-URI http://asc.fasb.org/extlink&oid=123459177&loc=SL121830611-158277

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section S99
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=122038215&loc=SL108384541-122693

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 20
-Section 65
-Paragraph 2
-Subparagraph (d)(1)
-URI http://asc.fasb.org/extlink&oid=124402435&loc=SL124402458-218513

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (e)(2)
-URI http://asc.fasb.org/extlink&oid=123597120&loc=SL121967933-165497

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 65
-Paragraph 1
-Subparagraph (i)(2)
-URI http://asc.fasb.org/extlink&oid=123338486&loc=SL49131195-203048

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (e)(1)
-URI http://asc.fasb.org/extlink&oid=123597120&loc=SL121967933-165497

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (g)(2)(iii)
-URI http://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(4)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (g)(2)(ii)
-URI http://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (g)(2)(i)
-URI http://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 65
-Paragraph 8
-Subparagraph (e)(1)
-URI http://asc.fasb.org/extlink&oid=123459177&loc=SL121830611-158277

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 65
-Paragraph 15
-Subparagraph (g)(1)
-URI http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 65
-Paragraph 1
-Subparagraph (e)(1)
-URI http://asc.fasb.org/extlink&oid=123482062&loc=SL123482106-238011

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 20
-Section 65
-Paragraph 2
-Subparagraph (d)(2)
-URI http://asc.fasb.org/extlink&oid=124402435&loc=SL124402458-218513

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 65
-Paragraph 1
-Subparagraph (j)
-URI http://asc.fasb.org/extlink&oid=123338486&loc=SL49131195-203048

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (g)(2)(iv)
-URI http://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 926
-SubTopic 20
-Section 65
-Paragraph 2
-Subparagraph (f)(1)
-URI http://asc.fasb.org/extlink&oid=120154821&loc=SL120154904-197079

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section S99
-Paragraph 5
-Subparagraph (SAB Topic 11.M.Q2)
-URI http://asc.fasb.org/extlink&oid=122038215&loc=d3e31137-122693

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 926
-SubTopic 20
-Section 65
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=120154821&loc=SL120154904-197079

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 926
-SubTopic 20
-Section 65
-Paragraph 2
-Subparagraph (f)(3)
-URI http://asc.fasb.org/extlink&oid=120154821&loc=SL120154904-197079

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 65
-Paragraph 6
-Subparagraph (e)(3)
-URI http://asc.fasb.org/extlink&oid=123597120&loc=SL121967933-165497

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 10
-Section 65
-Paragraph 4
-Subparagraph (e)(1)
-URI http://asc.fasb.org/extlink&oid=122640432&loc=SL121648383-210437

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 40
-Section 65
-Paragraph 2
-Subparagraph (h)(2)
-URI http://asc.fasb.org/extlink&oid=124501264&loc=SL117420844-207641

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 10
-Section 65
-Paragraph 4
-Subparagraph (e)(2)
-URI http://asc.fasb.org/extlink&oid=122640432&loc=SL121648383-210437

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(1)
-URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22499-107794

Reference 32: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 848
-SubTopic 10
-Section 65
-Paragraph 1
-Subparagraph (e)(1)
-URI http://asc.fasb.org/extlink&oid=122150657&loc=SL122150809-237846

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 65
-Paragraph 8
-Subparagraph (e)(3)
-URI http://asc.fasb.org/extlink&oid=123459177&loc=SL121830611-158277

Reference 34: http://www.xbrl.org/2003/role/disclosureRef
-Topic 848
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Publisher FASB
-Subparagraph (c)

+ Details

Nature of Operations and Summary of Significant Accounting Policies Allowance for Credit Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning balance, including cumulative effect of accounting standards update adoption	$ 7,266	$ 6,719
Current provision for expected credit losses	1,740	2,130
Write-offs charged against allowance	(1,389)	(2,070)
Recoveries of amounts previously written off	(1)	(3)
Other	0	(3)
Allowance for credit losses - ending balance	7,616	7,266
Accounting Standards Update 2016-13
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning balance, including cumulative effect of accounting standards update adoption	$ 0	493
Allowance for credit losses - ending balance		$ 0

Deferred Tax Liability (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Contract and service revenues	$ 15,340	$ 13,428
Expense reserves (bad debts,compensation, and payroll tax)	15,382	17,566
Leasing liabilities	12,868	15,182
Net operating loss and tax credit carryforwards	2,107	3,242
Other, net	3,311	2,634
Total gross deferred tax assets	49,008	52,052
Valuation allowance	(200)	(270)
Net deferred tax assets	48,808	51,782
Accelerated tax depreciation	(33,390)	(37,066)
Accelerated tax amortization	(192,187)	(175,804)
Contract and service costs	(104,139)	(85,696)
Leasing right-of-use assets	(11,722)	(13,974)
Total gross deferred liabilities	341,438	312,540
Net deferred tax liability	$ (292,630)	$ (260,758)

Subsequent Events (Text Block)	12 Months Ended
Subsequent Events (Text Block)	Jun. 30, 2022
Subsequent Events [Abstract]
Subsequent Events [Text Block]	SUBSEQUENT EVENTS Sale of Facility On August 12, 2022, the Company closed on the sale of its San Diego, CA, facility that was committed to during the quarter ended March 31, 2022. The sales price of the facility was $27,500, and proceeds after selling costs were received on the date of closing. The facility sale included assets with a carrying value of approximately $20,201 that were reported as assets held for sale by the Company at June 30, 2022 (see Note 5). The Company expects to recognize a gain on the sale of approximately $6,000 during the first quarter of fiscal 2023. Dividend On August 22, 2022, the Company's Board of Directors declared a cash dividend of $0.49 per share on its common stock, payable on September 29, 2022 to stockholders of record on September 9, 2022. Acquisition We have entered into a definitive agreement to acquire Payrailz, LLC. We anticipate the transaction closing on August 31, 2022. In connection with the closing, we expect to amend the revolving credit facility to increase the borrowing limit to allow funding of the transaction.

Income Taxes Income Taxes (Tables)

12 Months Ended

Jun. 30, 2022

Income Tax Disclosure [Abstract]

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

The provision for income taxes consists of the following:


	Year Ended June 30,
	2022		2021		2020
Current:
Federal	$	59,390	$	55,598	$	46,137
State	18,089		13,897		13,690
Deferred:
Federal	24,391		14,401		21,130
State	7,481		2,360		3,451
	$	109,351	$	86,256	$	84,408

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,
	2022		2021
Deferred tax assets:
Contract and service revenues	$	15,340	$	13,428
Expense reserves and accruals (bad debts, compensation, and payroll tax)	15,382		17,566
Leasing liabilities	12,868		15,182
Net operating loss and tax credit carryforwards	2,107		3,242
Other, net	3,311		2,634
Total gross deferred tax assets	49,008		52,052
Valuation allowance	(200)		(270)
Net deferred tax assets	48,808		51,782

Deferred tax liabilities:
Accelerated tax depreciation	(33,390)		(37,066)
Accelerated tax amortization	(192,187)		(175,804)
Contract and service costs	(104,139)		(85,696)
Leasing right-of-use assets	(11,722)		(13,974)
Total gross deferred liabilities	(341,438)		(312,540)

Net deferred tax liability	$	(292,630)	$	(260,758)

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,
	2022		2021		2020
Computed "expected" tax expense	21.0	%	21.0	%	21.0	%
Increase (reduction) in taxes resulting from:
State income taxes, net of federal income tax benefits	4.3	%	3.2	%	3.6	%
Research and development credit	(2.0)	%	(2.4)	%	(2.4)	%



Other (net)	(0.1)	%	(0.1)	%	(0.1)	%
	23.2	%	21.7	%	22.1	%

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, 2022, 2021, and 2020 follows:


	Unrecognized Tax Benefits
Balance at July 1, 2019	$	10,495
Additions for current year tax positions	1,451

Additions for prior year tax positions	867

Additions related to business combinations	192

Reductions related to expirations of statute of limitations	(2,893)
Balance at June 30, 2020	10,112
Additions for current year tax positions	1,598

Additions for prior year tax positions	490
Reductions for prior year tax positions	(30)


Reductions related to expirations of statute of limitations	(3,408)
Balance at June 30, 2021	8,762
Additions for current year tax positions	1,863

Additions for prior year tax positions	1,642
Reductions for prior year tax positions	(36)


Reductions related to expirations of statute of limitations	(3,241)
Balance at June 30, 2022	$	8,990

Revenue and Deferred Costs Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Revenue from Contract with Customer [Abstract]
Revenue recognized from beginning deferred balance	$ 270,972	$ 256,952	$ 259,887
Future revenue related to unsatisfied performance obligations	5,659,080
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Future revenue related to unsatisfied performance obligations	$ 5,659,080
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Future revenue related to unsatisfied performance obligations, expected percent to be recognized for given time frame	26.00%
Future revenue related to unsatisfied performance obligations, expected timing	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Future revenue related to unsatisfied performance obligations, expected percent to be recognized for given time frame	20.00%
Future revenue related to unsatisfied performance obligations, expected timing	13 months

Fair Value Measures and Disclosures (Policies)	12 Months Ended
Fair Value Measures and Disclosures (Policies)	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments, Policy [Policy Text Block]	For cash equivalents, certificates of deposit, 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 we believe market participants would use in pricing the asset.

Subsequent Events (Details) - USD ($) $ / shares in Units, $ in Thousands			12 Months Ended
	Aug. 22, 2022	Aug. 12, 2022	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Subsequent Events
Assets Held-for-sale, Not Part of Disposal Group			$ 20,201	$ 0
Gain (Loss) on Disposition of Assets			$ (400)	$ 1,988	$ (4,735)
Dividends declared per share			$ 1.90	$ 1.78	$ 1.66
Subsequent Event
Subsequent Events
Proceeds from Sale of Buildings		$ 27,500
Assets Held-for-sale, Not Part of Disposal Group		20,201
Gain (Loss) on Disposition of Assets		$ 6,000
Dividend declared date	Aug. 22, 2022
Dividends declared per share	$ 0.49
Dividend payable date	Sep. 29, 2022
Dividend record date	Sep. 09, 2022

Reportable Segment Information (Details)	12 Months Ended
Reportable Segment Information (Details)	Jun. 30, 2022 segment
Segment Reporting [Abstract]
Number of Reportable Segments	4

Leases Lease Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Leases [Abstract]
Total lease payments	$ 55,901
Less: interest	(4,449)
Present value of lease liabilities	51,452	$ 60,828
2023	11,917
2024	10,246
2025	7,490
2026	6,572
2027	5,777
Thereafter	$ 13,899

Fair Value Measures and Disclosures

12 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

Fair Value of Financial Instruments

FAIR VALUE OF FINANCIAL INSTRUMENTS

For cash equivalents, certificates of deposit, 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 we believe market participants would use in pricing the asset.

Fair value of financial assets included in current assets is as follows:


	Estimated Fair Value Measurements						Total Fair
	Level 1		Level 2		Level 3		Value
June 30, 2022
Financial Assets:

Certificates of Deposit	$	—	$	1,212	$	—	$	1,212
Financial Liabilities:
Revolving credit facility	$	—	$	115,000	$	—	$	115,000
June 30, 2021
Financial Assets:
Certificates of Deposit	$	—	$	1,200	$	—	$	1,200

Financial Liabilities:
Revolving credit facility	$	—	$	100,000	$	—	$	100,000

- 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

Stock Based Compensation (Tables)

12 Months Ended

Jun. 30, 2022

Share-based Payment Arrangement [Abstract]

Share-based Payment Arrangement, Option, Activity [Table Text Block]

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


	Number of Shares	Weighted Average Exercise Price		Aggregate Intrinsic Value
Outstanding July 1, 2019	32	$	87.27
Granted	—	—
Forfeited	—	—
Exercised	(10)	87.27
Outstanding July 1, 2020	22	87.27
Granted	—	—
Forfeited	—	—
Exercised	—	—
Outstanding July 1, 2021	22	87.27
Granted	—	—
Forfeited	—	—
Exercised	(10)	87.27
Outstanding June 30, 2022	12	$	87.27	$	1,084
Vested and Expected to Vest June 30, 2022	12	$	87.27	$	1,084
Exercisable June 30, 2022	12	$	87.27	$	1,084

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, 2019	6	$	87.27
Granted	—	—
Vested	(6)	87.27
Forfeited	—	—
Outstanding July 1, 2020	—	—
Granted	—	—
Vested	—	—
Forfeited	—	—
Outstanding July 1, 2021	—	—
Granted	—	—
Vested	—	—
Forfeited	—	—
Outstanding June 30, 2022	—	—

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


Unit awards	Shares	Weighted Average Grant Date Fair Value		Aggregate Intrinsic Value
Outstanding July 1, 2019	298	$	107.00
Granted1	139	157.94
Vested	(69)	98.25
Forfeited2	(61)	85.33
Outstanding July 1, 2020	307	136.41
Granted1	113	170.69
Vested	(124)	111.08
Forfeited2	(2)	140.46
Outstanding July 1, 2021	294	160.22
Granted1	135	178.60
Vested	(71)	145.50
Forfeited2	(55)	189.33
Outstanding June 30, 2022	303	$166.50		$54,548

1Granted includes restricted stock unit awards and performance unit awards at 100% achievement.

ScheduleOfShareBasedPaymentAwardRSUValuationAssumptionsTableTextBlock [Table Text Block]

The weighted average assumptions used in the Monte Carlo pricing model to estimate fair value at the grant dates for awards with performance targets and service requirements are as follows:


	Year Ended June 30,
Monte Carlo award inputs:	2022			2021			2020
Compensation Peer Group:1
Volatility	28.6		%	25.2		%	16.8		%
Risk free interest rate	0.32		%	0.11		%	1.34		%
Annual dividend based on most recent quarterly dividend	$	1.84		$	1.72		$	1.60
Dividend yield	1.1		%	1.0		%	1.1		%
Beginning average percentile rank for TSR	65		%	37		%	63		%

S&P 1500 IT Index:
Volatility				25.2		%	16.8		%
Risk free interest rate				0.11		%	1.34		%
Annual dividend based on most recent quarterly dividend				$	1.72		$	1.60
Dividend yield				1.0		%	1.1		%
Beginning average percentile rank for TSR				30		%	61		%

1For fiscal 2022, S&P 1500 S&S Index participants were included in the Compensation Peer Group.

Fair Value Measures and Disclosures (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Certificates of Deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Assets, Fair Value Disclosure	$ 1,212	$ 1,200
Certificates of Deposit \| Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Assets, Fair Value Disclosure	0	0
Certificates of Deposit \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Assets, Fair Value Disclosure	1,212	1,200
Certificates of Deposit \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Assets, Fair Value Disclosure	0	0
Revolving Credit Facility [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Lines of Credit, Fair Value Disclosure	115,000	100,000
Revolving Credit Facility [Member] \| Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Lines of Credit, Fair Value Disclosure	0	0
Revolving Credit Facility [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Lines of Credit, Fair Value Disclosure	115,000	100,000
Revolving Credit Facility [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Lines of Credit, Fair Value Disclosure	$ 0	$ 0

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Preferred stock	Common Stock	Additional Paid-In Capital	Retained Earnings	Retained Earnings Accounting Standards Update 2016-13	Treasury Stock
Balance, beginning of year (value) at Jun. 30, 2019			$ 1,035	$ 472,029	$ 2,066,073	$ 0	$ (1,110,124)
Shares, beginning of year at Jun. 30, 2019			103,496,026
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued for equity-based payment arrangements (value)			$ 0	0
Shares issued for equity-based payment arrangements (shares)			52,336
Tax withholding related to share based compensation				(3,739)
Shares issued for Employee Stock Purchase Plan (value)			$ 1	9,832
Shares issued for Employee Stock Purchase Plan (shares)			74,201
Stock-based compensation expense (value)				16,883
Net income	$ 296,668				296,668
Dividends					(127,421)
Purchase of treasury shares							(71,549)
Balance, end of year (value) at Jun. 30, 2020	$ 1,549,688		$ 1,036	495,005	2,235,320	(493)	(1,181,673)
Shares, end of year at Jun. 30, 2020			103,622,563
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared per share	$ 1.66
Preferred Shares		0
Shares issued for equity-based payment arrangements (value)			$ 1	1
Shares issued for equity-based payment arrangements (shares)			92,747
Tax withholding related to share based compensation				(7,720)
Shares issued for Employee Stock Purchase Plan (value)			$ 1	10,930
Shares issued for Employee Stock Purchase Plan (shares)			79,859
Stock-based compensation expense (value)				20,746
Net income	$ 311,469				311,469
Dividends					(133,800)
Purchase of treasury shares							(431,529)
Balance, end of year (value) at Jun. 30, 2021	$ 1,319,292		$ 1,038	518,960	2,412,496	$ 0	(1,613,202)
Shares, end of year at Jun. 30, 2021			103,795,169
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared per share	$ 1.78
Preferred Shares		0
Shares issued for equity-based payment arrangements (value)			$ 0	0
Shares issued for equity-based payment arrangements (shares)			46,669
Tax withholding related to share based compensation				(4,152)
Shares issued for Employee Stock Purchase Plan (value)			$ 1	11,772
Shares issued for Employee Stock Purchase Plan (shares)			79,886
Stock-based compensation expense (value)				24,780
Net income	$ 362,916				362,916
Dividends					(139,070)
Purchase of treasury shares							(193,916)
Balance, end of year (value) at Jun. 30, 2022	$ 1,381,623		$ 1,039	$ 551,360	$ 2,636,342		$ (1,807,118)
Shares, end of year at Jun. 30, 2022			103,921,724
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared per share	$ 1.90
Preferred Shares		0