Schedule of Error Corrections and Prior Period Adjustments [Table Text Block] | RESTATEMENT OF CONSOLIDATED FINANCIAL STATEMENTS Correction of Accounting Errors Subsequent to the filing of the Annual Report on Form 10-K for the fiscal year ended June 30, 2014 on August 27, 2014, management identified historical accounting errors relating to its accounting for certain software license, maintenance and service agreements. The prior period errors primarily relate to the Company's accounting for its bundled software multi-element arrangements. More specifically, the Company concluded it had improperly accounted for contracts containing multiple software products delivered at different points in time as separate arrangements within a contract versus as a single arrangement with multiple elements, resulting in revenue being recognized on these contracts before all licenses, for which no VSOE exists, had been delivered. Furthermore, the Company concluded that its mechanisms for tracking and estimating implementation hours was not capable of producing reliable estimates in support of its assertion of VSOE for its implementation services and that its pricing for stand-alone sales of post-contract support ("PCS") was not consistent enough to support its assertion of VSOE for PCS during the current and prior periods. Our previous accounting resulted in revenue being recognized earlier than would be appropriate for bundled software multi-element arrangements where VSOE does not exist for any of the software elements. Our current conclusions result in the deferral of revenue on such arrangements until the only undelivered element is PCS. The total arrangement revenue is then recognized ratably over the remaining initial bundled PCS period provided all other revenue recognition criteria have been met. Direct and incremental costs, including direct labor and sales commissions, related to obtaining and implementing these contracts have also been deferred until the only undelivered element is PCS and are recognized ratably over the remaining initial bundled PCS period. Due to the above errors, including the related tax impact, net income for the fiscal years ended June 30, 2014, 2013 and 2012 was overstated by $14,421 , $9,035 , and $2,944 respectively. On the balance sheet, total assets as of June 30, 2014 and 2013 increased $56,411 and $43,231 , respectively; total liabilities increased $127,185 and $99,584 respectively; and stockholders' equity decreased $70,774 and $56,353 respectively. The adjustments related to the years prior to 2012 are reflected in the beginning retained earnings for 2012. The cumulative impact of these adjusting entries decreased retained earnings by $44,373 , net of tax, at the beginning of 2012. The following tables present the effects of the restatement on each line of the Company's previously issued consolidated financial statements as of June 30, 2014 and 2013 and for the fiscal years ended June 30, 2014, 2013 and 2012. Consolidated Statements of Income: (In Thousands, Except Per Share Data) Year Ended June 30, 2014 As Previously Reported Effect of Restatement As Restated REVENUE License $ 53,009 $ (50,825 ) $ 2,184 Support and service 1,098,386 13,945 1,112,331 Hardware 58,658 — 58,658 Total revenue 1,210,053 (36,880 ) 1,173,173 COST OF SALES Cost of license 4,273 (3,365 ) 908 Cost of support and service 643,443 (8,687 ) 634,756 Cost of hardware 43,708 — 43,708 Total cost of sales 691,424 (12,052 ) 679,372 GROSS PROFIT 518,629 (24,828 ) 493,801 OPERATING EXPENSES Selling and marketing 86,570 (1,127 ) 85,443 Research and development 66,748 — 66,748 General and administrative 53,312 — 53,312 Total operating expenses 206,630 (1,127 ) 205,503 OPERATING INCOME 311,999 (23,701 ) 288,298 INTEREST INCOME (EXPENSE) Interest income 377 — 377 Interest expense (1,105 ) — (1,105 ) Total interest income (expense) (728 ) — (728 ) INCOME BEFORE INCOME TAXES 311,271 (23,701 ) 287,570 PROVISION FOR INCOME TAXES 110,135 (9,280 ) 100,855 NET INCOME $ 201,136 $ (14,421 ) $ 186,715 Diluted earnings per share $ 2.36 $ (0.17 ) $ 2.19 Diluted weighted average shares outstanding 85,396 85,396 85,396 Basic earnings per share $ 2.37 $ (0.17 ) $ 2.20 Basic weighted average shares outstanding 84,866 84,866 84,866 Year Ended June 30, 2013 As Previously Reported Effect of Restatement As Restated REVENUE License $ 54,818 $ (49,452 ) $ 5,366 Support and service 1,015,211 27,590 1,042,801 Hardware 59,357 — 59,357 Total revenue 1,129,386 (21,862 ) 1,107,524 COST OF SALES Cost of license 4,824 (3,964 ) 860 Cost of support and service 603,920 (2,300 ) 601,620 Cost of hardware 43,650 — 43,650 Total cost of sales 652,394 (6,264 ) 646,130 GROSS PROFIT 476,992 (15,598 ) 461,394 OPERATING EXPENSES Selling and marketing 81,619 (808 ) 80,811 Research and development 63,202 — 63,202 General and administrative 66,624 — 66,624 Total operating expenses 211,445 (808 ) 210,637 OPERATING INCOME 265,547 (14,790 ) 250,757 INTEREST INCOME (EXPENSE) Interest income 640 — 640 Interest expense (6,337 ) — (6,337 ) Total interest income (expense) (5,697 ) — (5,697 ) INCOME BEFORE INCOME TAXES 259,850 (14,790 ) 245,060 PROVISION FOR INCOME TAXES 83,205 (5,755 ) 77,450 NET INCOME $ 176,645 $ (9,035 ) $ 167,610 Diluted earnings per share $ 2.04 $ (0.10 ) $ 1.94 Diluted weighted average shares outstanding 86,619 86,619 86,619 Basic earnings per share $ 2.05 $ (0.11 ) $ 1.95 Basic weighted average shares outstanding 86,040 86,040 86,040 Year Ended June 30, 2012 As Previously Reported Effect of Restatement As Restated REVENUE License $ 54,811 $ (49,159 ) $ 5,652 Support and service 909,176 39,717 948,893 Hardware 63,122 — 63,122 Total revenue 1,027,109 (9,442 ) 1,017,667 COST OF SALES Cost of license 6,111 (3,820 ) 2,291 Cost of support and service 551,285 (715 ) 550,570 Cost of hardware 45,983 — 45,983 Total cost of sales 603,379 (4,535 ) 598,844 GROSS PROFIT 423,730 (4,907 ) 418,823 OPERATING EXPENSES Selling and marketing 76,500 (264 ) 76,236 Research and development 60,876 — 60,876 General and administrative 50,119 — 50,119 Total operating expenses 187,495 (264 ) 187,231 OPERATING INCOME 236,235 (4,643 ) 231,592 INTEREST INCOME (EXPENSE) Interest income 1,176 — 1,176 Interest expense (5,743 ) — (5,743 ) Total interest income (expense) (4,567 ) — (4,567 ) INCOME BEFORE INCOME TAXES 231,668 (4,643 ) 227,025 PROVISION FOR INCOME TAXES 76,684 (1,699 ) 74,985 NET INCOME $ 154,984 $ (2,944 ) $ 152,040 Diluted earnings per share $ 1.78 $ (0.03 ) $ 1.74 Diluted weighted average shares outstanding 87,287 87,287 87,287 Basic earnings per share $ 1.79 $ (0.03 ) $ 1.76 Basic weighted average shares outstanding 86,599 86,599 86,599 Consolidated Balance Sheets: (In Thousands, Except Share and Per Share Data) June 30, 2014 As Previously Reported Effect of Restatement As Restated ASSETS CURRENT ASSETS: Cash and cash equivalents $ 70,377 $ — $ 70,377 Receivables, net 224,041 — 224,041 Income tax receivable 7,937 — 7,937 Prepaid expenses and other 59,824 1,250 61,074 Deferred costs 22,202 4,875 27,077 Total current assets 384,381 6,125 390,506 PROPERTY AND EQUIPMENT, net 291,675 — 291,675 OTHER ASSETS: Non-current deferred costs 34,708 43,750 78,458 Computer software, net of amortization 160,391 — 160,391 Other non-current assets 38,121 6,536 44,657 Customer relationships, net of amortization 136,602 — 136,602 Other intangible assets, net of amortization 25,653 — 25,653 Goodwill 552,761 — 552,761 Total other assets 948,236 50,286 998,522 Total assets $ 1,624,292 $ 56,411 $ 1,680,703 LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES: Accounts payable $ 10,516 $ — $ 10,516 Accrued expenses 63,299 — 63,299 Deferred income tax liability 37,592 (7,498 ) 30,094 Notes payable and current maturities of long term debt 5,407 — 5,407 Deferred revenues 312,002 25,491 337,493 Total current liabilities 428,816 17,993 446,809 LONG TERM LIABILITIES: Non-current deferred revenues 8,985 146,390 155,375 Non-current deferred income tax liability 134,918 (37,198 ) 97,720 Debt, net of current maturities 3,729 — 3,729 Other long-term liabilities 9,683 — 9,683 Total long term liabilities 157,315 109,192 266,507 Total liabilities 586,131 127,185 713,316 STOCKHOLDERS' EQUITY Preferred stock - $1 par value; 500,000 shares authorized, none issued — — — Common stock - $0.01 par value; 250,000,000 shares authorized; 1,024 — 1,024 Additional paid-in capital 412,512 — 412,512 Retained earnings 1,202,406 (70,774 ) 1,131,632 Less treasury stock at cost (577,781 ) — (577,781 ) Total stockholders' equity 1,038,161 (70,774 ) 967,387 Total liabilities and equity $ 1,624,292 $ 56,411 $ 1,680,703 Consolidated Balance Sheets: (In Thousands, Except Share and Per Share Data) June 30, 2013 As Previously Reported Effect of Restatement As Restated ASSETS CURRENT ASSETS: Cash and cash equivalents $ 127,905 $ — $ 127,905 Receivables, net 231,263 — 231,263 Income tax receivable 6,107 — 6,107 Prepaid expenses and other 59,244 1,599 60,843 Deferred costs 23,366 6,635 30,001 Total current assets 447,885 8,234 456,119 PROPERTY AND EQUIPMENT, net 300,511 — 300,511 OTHER ASSETS: Non-current deferred costs 27,898 29,938 57,836 Computer software, net of amortization 132,612 — 132,612 Other non-current assets 30,411 5,059 35,470 Customer relationships, net of amortization 147,167 — 147,167 Other intangible assets, net of amortization 9,380 — 9,380 Goodwill 533,291 — 533,291 Total other assets 880,759 34,997 915,756 Total assets $ 1,629,155 $ 43,231 $ 1,672,386 LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES: Accounts payable $ 11,701 $ — $ 11,701 Accrued expenses 68,528 — 68,528 Deferred income tax liability 30,845 (8,479 ) 22,366 Notes payable and current maturities of long term debt 7,929 — 7,929 Deferred revenues 293,255 30,423 323,678 Total current liabilities 412,258 21,944 434,202 LONG TERM LIABILITIES: Non-current deferred revenues 11,342 104,576 115,918 Non-current deferred income tax liability 120,434 (26,936 ) 93,498 Debt, net of current maturities 7,366 — 7,366 Other long-term liabilities 5,586 — 5,586 Total long term liabilities 144,728 77,640 222,368 Total liabilities 556,986 99,584 656,570 STOCKHOLDERS' EQUITY Preferred stock - $1 par value; 500,000 shares authorized, none issued — — — Common stock - $0.01 par value; 250,000,000 shares authorized; 1,020 — 1,020 Additional paid-in capital 400,710 — 400,710 Retained earnings 1,072,521 (56,353 ) 1,016,168 Less treasury stock at cost (402,082 ) — (402,082 ) Total stockholders' equity 1,072,169 (56,353 ) 1,015,816 Total liabilities and equity $ 1,629,155 $ 43,231 $ 1,672,386 Consolidated Statements of Cash Flows: (In Thousands) Year Ended June 30, 2014 As Previously Reported Effect of Restatement As Restated CASH FLOWS FROM OPERATING ACTIVITIES: Net Income $ 201,136 $ (14,421 ) $ 186,715 Adjustments to reconcile net income from operations to net cash from operating activities: Depreciation 52,935 — 52,935 Amortization 54,836 — 54,836 Change in deferred income taxes 22,032 (9,280 ) 12,752 Excess tax benefits from stock-based compensation (3,406 ) — (3,406 ) Expense for stock-based compensation 10,091 — 10,091 (Gain)/loss on disposal of assets (784 ) — (784 ) Changes in operating assets and liabilities: Change in receivables 7,498 — 7,498 Change in prepaid expenses, deferred costs and other (15,386 ) (13,179 ) (28,565 ) Change in accounts payable (1,252 ) — (1,252 ) Change in accrued expenses (6,364 ) — (6,364 ) Change in income taxes 5,251 — 5,251 Change in deferred revenues 15,072 36,880 51,952 Net cash from operating activities 341,659 — 341,659 CASH FLOWS FROM INVESTING ACTIVITIES: Payment for acquisitions, net of cash acquired (27,894 ) — (27,894 ) Capital expenditures (33,185 ) — (33,185 ) Proceeds from sale of assets 7,781 — 7,781 Customer contracts acquired — — — Internal use software (16,288 ) — (16,288 ) Computer software developed (62,194 ) — (62,194 ) Proceeds from investments — — — Purchase of investments — — — Net cash from investing activities (131,780 ) — (131,780 ) CASH FLOWS FROM FINANCING ACTIVITIES: Borrowings on credit facilities 25,000 — 25,000 Repayments on credit facilities (47,158 ) — (47,158 ) Purchase of treasury stock (175,699 ) — (175,699 ) Dividends paid (71,251 ) — (71,251 ) Excess tax benefits from stock-based compensation 3,406 — 3,406 Proceeds from issuance of common stock upon exercise of stock options 609 — 609 Minimum tax withholding payments related to share based compensation (6,598 ) — (6,598 ) Proceeds from sale of common stock, net 4,284 — 4,284 Net cash from financing activities (267,407 ) — (267,407 ) NET CHANGE IN CASH AND CASH EQUIVALENTS $ (57,528 ) $ — $ (57,528 ) CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD $ 127,905 $ — $ 127,905 CASH AND CASH EQUIVALENTS, END OF PERIOD $ 70,377 $ — $ 70,377 Consolidated Statements of Cash Flows: (In Thousands) Year Ended June 30, 2013 As Previously Reported Effect of Restatement As Restated CASH FLOWS FROM OPERATING ACTIVITIES: Net Income $ 176,645 $ (9,035 ) $ 167,610 Adjustments to reconcile net income from operations to net cash from operating activities: Depreciation 51,967 — 51,967 Amortization 48,374 — 48,374 Change in deferred income taxes 24,091 (5,755 ) 18,336 Excess tax benefits from stock-based compensation (3,621 ) — (3,621 ) Expense for stock-based compensation 8,615 — 8,615 (Gain)/loss on disposal of assets 3,908 — 3,908 Changes in operating assets and liabilities: Change in receivables (12,739 ) — (12,739 ) Change in prepaid expenses, deferred costs and other (4,430 ) (7,072 ) (11,502 ) Change in accounts payable (4,582 ) — (4,582 ) Change in accrued expenses 7,774 — 7,774 Change in income taxes 4,575 — 4,575 Change in deferred revenues 8,597 21,862 30,459 Net cash from operating activities 309,174 — 309,174 CASH FLOWS FROM INVESTING ACTIVITIES: Payment for acquisitions, net of cash acquired — — — Capital expenditures (46,256 ) — (46,256 ) Proceeds from sale of assets 530 — 530 Customer contracts acquired (186 ) — (186 ) Internal use software — — — Computer software developed (51,332 ) — (51,332 ) Proceeds from investments — — — Purchase of investments — — — Net cash from investing activities (97,244 ) — (97,244 ) CASH FLOWS FROM FINANCING ACTIVITIES: Borrowings on credit facilities — — — Repayments on credit facilities (145,180 ) — (145,180 ) Purchase of treasury stock (58,126 ) — (58,126 ) Dividends paid (48,202 ) — (48,202 ) Excess tax benefits from stock-based compensation 3,621 — 3,621 Proceeds from issuance of common stock upon exercise of stock options 6,775 — 6,775 Minimum tax withholding payments related to share based compensation (3,926 ) — (3,926 ) Proceeds from sale of common stock, net 3,700 — 3,700 Net cash from financing activities (241,338 ) — (241,338 ) NET CHANGE IN CASH AND CASH EQUIVALENTS $ (29,408 ) $ — $ (29,408 ) CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD $ 157,313 $ — $ 157,313 CASH AND CASH EQUIVALENTS, END OF PERIOD $ 127,905 $ — $ 127,905 Consolidated Statements of Cash Flows: (In Thousands) Year Ended June 30, 2012 As Previously Reported Effect of Restatement As Restated CASH FLOWS FROM OPERATING ACTIVITIES: Net Income $ 154,984 $ (2,944 ) $ 152,040 Adjustments to reconcile net income from operations to net cash from operating activities: Depreciation 45,322 — 45,322 Amortization 49,297 — 49,297 Change in deferred income taxes 22,610 (1,699 ) 20,911 Excess tax benefits from stock-based compensation (3,465 ) — (3,465 ) Expense for stock-based compensation 6,950 — 6,950 (Gain)/loss on disposal of assets 1,198 — 1,198 Changes in operating assets and liabilities: Change in receivables (10,795 ) — (10,795 ) Change in prepaid expenses, deferred costs and other (22,962 ) (4,799 ) (27,761 ) Change in accounts payable 3,488 — 3,488 Change in accrued expenses 7,770 — 7,770 Change in income taxes 9,257 — 9,257 Change in deferred revenues 896 9,442 10,338 Net cash from operating activities 264,550 — 264,550 CASH FLOWS FROM INVESTING ACTIVITIES: Payment for acquisitions, net of cash acquired — — — Capital expenditures (41,441 ) — (41,441 ) Proceeds from sale of assets 2,772 — 2,772 Customer contracts acquired (720 ) — (720 ) Internal use software — — — Computer software developed (37,873 ) — (37,873 ) Proceeds from investments 3,000 — 3,000 Purchase of investments (2,000 ) — (2,000 ) Net cash from investing activities (76,262 ) — (76,262 ) CASH FLOWS FROM FINANCING ACTIVITIES: Borrowings on credit facilities — — — Repayments on credit facilities (35,280 ) — (35,280 ) Purchase of treasury stock (34,371 ) — (34,371 ) Dividends paid (38,128 ) — (38,128 ) Excess tax benefits from stock-based compensation 3,465 — 3,465 Proceeds from issuance of common stock upon exercise of stock options 11,004 — 11,004 Minimum tax withholding payments related to share based compensation (4,112 ) — (4,112 ) Proceeds from sale of common stock, net 3,322 — 3,322 Net cash from financing activities (94,100 ) — (94,100 ) NET CHANGE IN CASH AND CASH EQUIVALENTS $ 94,188 $ — $ 94,188 CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD $ 63,125 $ — $ 63,125 CASH AND CASH EQUIVALENTS, END OF PERIOD $ 157,313 $ — $ 157,313 Prior Period Reclassification Certain amounts included within the consolidated statements of cash flows for the years ended June 30, 2013 and 2012 have been restated to correct an error related to the presentation of excess tax benefits from stock based compensation within cash flows from operating activities. Such correction adjusted the cash flow statement for 2013 and 2012 by presenting excess tax benefits from stock based compensation as a separate line item and increasing the change in income taxes by $3,621 and $3,465 for the respective periods. There was no change in total cash flows from operating, investing or financing activities. |