Jack Henry & Associates (JKHY) 10-Q 7 May 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Mar. 31, 2018	Apr. 30, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	HENRY JACK & ASSOCIATES INC
Entity Central Index Key	779,152
Current Fiscal Year End Date	--06-30
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		77,294,557
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2018	Jun. 30, 2017
CURRENT ASSETS:
Cash and cash equivalents	$ 57,402	$ 114,765
Receivables, net	168,934	276,923
Income tax receivable	13,381	20,135
Prepaid expenses and other	76,306	66,894
Deferred costs	46,007	41,314
Total current assets	362,030	520,031
PROPERTY AND EQUIPMENT, net	261,220	282,934
OTHER ASSETS:
Non-current deferred costs	93,734	96,847
Computer software, net of amortization	284,083	247,317
Other non-current assets	99,891	82,525
Other intangible assets, net of amortization	36,405	36,393
Goodwill	652,245	552,465
Total other assets	1,282,118	1,105,980
Total assets	1,905,368	1,908,945
CURRENT LIABILITIES:
Accounts payable	7,332	6,841
Accrued expenses	82,790	81,574
Deferred revenues	199,116	382,777
Total current liabilities	289,238	471,192
LONG TERM LIABILITIES:
Non-current deferred revenues	106,420	128,607
Non-current deferred income tax liability	169,324	219,541
Debt, net of current maturities	105,000	50,000
Other long-term liabilities	12,301	7,554
Total long term liabilities	393,045	405,702
Total liabilities	682,283	876,894
STOCKHOLDERS' EQUITY
Preferred stock - $1 par value; 500,000 shares authorized, none issued	0	0
Common stock - $0.01 par value; 250,000,000 shares authorized; 103,249,409 shares issued at March 31, 2018; 103,083,299 shares issued at June 30, 2017	1,032	1,031
Additional paid-in capital	458,116	452,016
Retained earnings	1,800,229	1,585,278
Less treasury stock at cost; 25,961,920 shares at March 31, 2018; 25,660,212 shares at June 30, 2017	(1,036,292)	(1,006,274)
Total stockholders' equity	1,223,085	1,032,051
Total liabilities and equity	1,905,368	1,908,945
Customer Relationships [Member]
OTHER ASSETS:
Customer relationships, net of amortization	$ 115,760	$ 90,433

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS PARENTHETICAL - $ / shares	Mar. 31, 2018	Jun. 30, 2017
Preferred stock, par value	$ 1	$ 1
Preferred stock, authorized shares	500,000	500,000
Preferred stock, issued shares	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, authorized shares	250,000,000	250,000,000
Common stock, issued shares	103,249,409	103,083,299
Treasury Stock, Shares	25,961,920	25,660,212

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017
REVENUE
REVENUE	$ 384,684	$ 353,767	$ 1,119,374	$ 1,047,349
EXPENSES
Cost of Revenue	221,592	206,727	637,960	599,636
Research and Development	22,591	20,801	65,934	61,413
Selling, General and Administrative	44,185	39,794	133,532	119,795
Gain on Disposal of a Business	0	2,286	1,894	2,250
Total Expenses	288,368	265,036	835,532	778,594
OPERATING INCOME	96,316	88,731	283,842	268,755
INTEREST INCOME (EXPENSE)
Interest income	130	42	424	209
Interest expense	(734)	(278)	(1,173)	(604)
Total interest income (expense)	(604)	(236)	(749)	(395)
INCOME BEFORE INCOME TAXES	95,712	88,495	283,093	268,360
PROVISION/ (BENEFIT) FOR INCOME TAXES	23,317	28,451	(8,287)	87,258
NET INCOME	$ 72,395	$ 60,044	$ 291,380	$ 181,102
Earnings Per Share
Basic earnings per share	$ 0.94	$ 0.77	$ 3.77	$ 2.32
Basic weighted average shares outstanding	77,247	77,597	77,249	77,941
Diluted earnings per share	$ 0.93	$ 0.77	$ 3.76	$ 2.31
Diluted weighted average shares outstanding	77,546	77,932	77,586	78,319

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Statement of Cash Flows [Abstract]
Net Income	$ 291,380	$ 181,102
Adjustments to reconcile net income to net cash from operating activities:
Depreciation	36,470	37,554
Amortization	75,787	66,882
Change in deferred income taxes	(70,104)	14,830
Expense for stock-based compensation	7,834	7,362
(Gain)/ loss on disposal of assets and businesses	1,673	(1,442)
Changes in operating assets and liabilities:
Change in receivables	113,465	114,420
Change in prepaid expenses, deferred costs and other	(17,332)	(22,153)
Change in accounts payable	(432)	(9,388)
Change in accrued expenses	(6,971)	(16,103)
Change in income taxes	12,806	5,228
Change in deferred revenues	(206,358)	(182,309)
Net cash from operating activities	234,872	198,867
CASH FLOWS FROM INVESTING ACTIVITIES:
Payment for acquisitions, net of cash acquired	(137,654)	0
Capital expenditures	(17,858)	(28,150)
Proceeds from the sale of businesses	350	2,286
Proceeds from sale of assets	258	949
Internal use software	(6,965)	(14,780)
Computer software developed	(72,186)	(63,804)
Payments to Acquire Investments	(5,000)	0
Net cash from investing activities	(239,055)	(103,499)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings on credit facilities	125,000	80,000
Repayments on credit facilities	(70,000)	(30,200)
Purchase of treasury stock	(30,018)	(103,885)
Dividends paid	(76,429)	(67,641)
Proceeds from issuance of common stock upon exercise of stock options	176	1
Tax withholding payments related to share based compensation	(7,279)	(5,443)
Proceeds from sale of common stock, net	5,370	4,406
Net cash from financing activities	(53,180)	(122,762)
NET CHANGE IN CASH AND CASH EQUIVALENTS	(57,363)	(27,394)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	114,765	70,310
CASH AND CASH EQUIVALENTS, END OF PERIOD	$ 57,402	$ 42,916

Nature of Operations and Summar

Nature of Operations and Summary of Significant Accounting Policies (Text Block)	9 Months Ended
	Mar. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations and Summary of Significant Accounting Policies [Text Block]	NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Description of the Company Jack Henry & Associates, Inc. and subsidiaries (“JHA” or the “Company”) is a provider of integrated computer systems and services that has developed and acquired a number of banking and credit union software systems. The Company's revenues are predominately earned by marketing those systems to financial institutions nationwide together with computer equipment (hardware), by providing the conversion and implementation services for financial institutions to utilize JHA systems, and by providing other related services. JHA also provides continuing support and services to customers using in-house or outsourced systems. Consolidation The condensed consolidated financial statements include the accounts of JHA and all of its subsidiaries, which are wholly-owned, and all intercompany accounts and transactions have been eliminated. Comprehensive Income Comprehensive income for the three and nine months ended March 31, 2018 and 2017 equals the Company’s net income. Prior Period Reclassification During the first quarter of fiscal 2018, the Company's management decided to change the presentation of its income statement, along with a change in the segment structure (see Note 10), in order to more clearly align with the way management manages the Company and evaluates performance. Amounts within the condensed consolidated statements of income for the three and nine months ended March 31, 2017 have been reclassified to improve comparability with the three and nine months ended March 31, 2018 . Revenue was previously classified as license, support and service, and hardware, and has been reclassified into one "Revenue" caption. Cost of sales was previously presented under three captions to correspond with our three lines of revenue, and has now been condensed to one caption, "Cost of Revenue". We have elected to include all operating expenses, including cost of revenue, under one expenses heading. Previously, cost of revenue was presented separately from operating expenses in order to show gross profit. Gross profit has been removed from our current presentation due to management's focus on operating income. Additionally, within operating expenses, selling and marketing expense and general and administrative expense were previously presented under two captions, but are now condensed under one caption, labeled "Selling, General, and Administrative." The condensed consolidated statement of income within our Form 10-Q filed for the third quarter of fiscal 2017 did not include the "Gain on Disposal of a Business" caption. The amounts shown on that line were previously included within general and administrative expense. 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. Accumulated depreciation at March 31, 2018 totaled $373,116 and at June 30, 2017 totaled $345,014 . 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 intangible assets with an indefinite life (such as goodwill), over an estimated economic benefit period, generally three to twenty years. Accumulated amortization of intangible assets totaled $578,771 and $503,653 at March 31, 2018 and June 30, 2017 , respectively. Purchase of Investment In the third quarter of fiscal 2018, the Company made an investment totaling $5,000 for the purchase of preferred stock of Automated Bookkeeping, Inc ("Autobooks"), representing a non-controlling share of the voting equity of Autobooks as of that date. This investment was recorded at cost and is included within other non-current assets on our balance sheet. The fair value of this investment has not been estimated, as estimation is not practicable. There have been no events or changes in circumstances that would indicate an impairment. 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. 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 borrowings on its existing line-of-credit. The share repurchase program does not include specific price targets or timetables and may be suspended at any time. At March 31, 2018 , there were 25,962 shares in treasury stock and the Company had the remaining authority to repurchase up to 4,029 additional shares. The total cost of treasury shares at March 31, 2018 is $1,036,292 . During the first nine months of fiscal 2018 , the Company repurchased 302 treasury shares for $30,018 . At June 30, 2017 , there were 25,660 shares in treasury stock and the Company had authority to repurchase up to 4,330 additional shares. Dividends declared per share were $0.37 and $0.31 , for the three months ended March 31, 2018 and 2017 , respectively, and totaled $0.99 and $0.87 for the nine months ended March 31, 2018 and 2017 , respectively. Interim Financial Statements The accompanying condensed consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q of the Securities and Exchange Commission ("SEC") and in accordance with accounting principles generally accepted in the United States of America applicable to interim condensed consolidated financial statements, and do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete consolidated financial statements. The condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and accompanying notes, which are included in its Annual Report on Form 10-K (“Form 10-K”) for the fiscal year ended June 30, 2017 . The accounting policies followed by the Company are set forth in Note 1 to the Company's consolidated financial statements included in its Form 10-K for the fiscal year ended June 30, 2017 . In the opinion of the management of the Company, the accompanying unaudited condensed consolidated financial statements reflect all adjustments necessary (consisting of normal recurring adjustments) to state fairly the financial position of the Company as of March 31, 2018 , the results of its operations for the three and nine months ending March 31, 2018 and 2017 , and its cash flows for the nine months ending March 31, 2018 and 2017 . The condensed consolidated balance sheet at June 30, 2017 was derived from audited annual financial statements, but does not contain all of the footnote disclosures from the annual financial statements. The results of operations for the three and nine months ended March 31, 2018 are not necessarily indicative of the results to be expected for the entire year.

Recent Accounting Pronouncement

Recent Accounting Pronouncements Recent Accounting Pronouncements (Text Block)	9 Months Ended
	Mar. 31, 2018
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements, Policy [Policy Text Block]	RECENT ACCOUNTING PRONOUNCEMENTS The Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers in May 2014. This standard is part of an effort to create a common revenue standard for U.S. generally accepted accounting principles ("U.S. GAAP") and International Financial Reporting Standards ("IFRS"). The new standard will supersede much of the existing authoritative literature for revenue recognition. The new model enacts a five-step process for achieving the core principle, which is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In August 2015, the FASB also issued ASU No. 2015-14 which deferred the effective date of the new standard by one year, but allows early application as of the original effective date. We do not intend to adopt the provisions of the new standard early, so the standard and related amendments will be effective for the Company for its annual reporting period beginning July 1, 2018, including interim periods within that reporting period. In March 2016, the FASB issued ASU No. 2016-08, which addresses principal versus agent considerations under the new revenue standard. Additional updates, including ASU No. 2016-10, ASU No. 2016-12, and ASU No. 2016-20, also address specific aspects of the new standard and are being considered. Entities are allowed to transition to the new standard by either recasting prior periods (full retrospective) or recognizing the cumulative effect as of the beginning of the period of adoption (modified retrospective). The Company has taken the following steps in evaluating and planning for the implementation of the new standard: • Organization of a cross-functional implementation team whose goals are to: assess the impact of the guidance on each of our revenue streams by applying the five step model; determine new processes and procedures necessary to ensure proper revenue and cost recognition; quantify the effects of the new standard on prior and current year revenue; determine opening balances for deferred revenues and costs as of the beginning of fiscal 2017; develop disclosures required upon the adoption of the new standard; and develop new internal controls to ensure compliance with the new standard. • Continued implementation and testing of new revenue recognition software that will apply the five-step model to each of our customer contracts. • Continued comparisons of revenue recognition under current accounting methods versus under Accounting Standards Codification ("ASC") Topic 606 for each of our revenue streams. Determinations that have been made regarding the effect of the new standard are as follows: • We expect the adoption of this standard to have a significant impact on our revenue recognition currently subject to ASC Topic 985. One of the most significant expected impacts relates to the recognition of license and implementation revenue on our multi-element arrangements. Under the current standard, license and implementation revenue on these arrangements is often recognized over the maintenance period of the software due to a lack of vendor-specific objective evidence of fair value ("VSOE") for these elements. Under ASC Topic 606, revenue for license and implementation will no longer be deferred due solely to a lack of VSOE. • This new model will require more use of judgments and estimates than the current standard, including identifying performance obligations, estimating variable consideration, allocating the transaction price to each performance obligation based on stand-alone selling price, and allocating commissions to the proper performance obligations so that costs are correctly recognized in line with revenue. We will be required to estimate the total expected value of variable consideration, arising from items such as maintenance and transaction or item processing, at contract inception and include those estimates in the total transaction price of the contract to be allocated to each performance obligation. These estimates will be modified over the term of the contract, resulting in re-allocations of the transaction price and adjustments to revenue recognized on the contract. Significant implementation matters still being addressed include: • Which transition approach will be applied. While we plan to adopt the standard using the full retrospective method, our ability to use this method depends on system readiness, including software procured from third-party providers, and the completion of our analysis of information necessary to restate prior period consolidated financial statements. • Determination of opening balances for deferred revenues and costs, and the quantitative effect of the new standard on prior and current year revenues and costs. Our analysis of the quantitative effects of the new standard on fiscal years 2017 and 2018 will continue at least through the filing of our fiscal 2018 Form 10-K. • Development of required disclosures under the new standard. • Updates to our internal controls surrounding the new system and processes. • Assessment of the impacts of the new standard on deferred income taxes and provision for income taxes. The FASB issued ASU No. 2016-02, Leases, in February 2016. This ASU aims to increase transparency and comparability among organizations by recognizing lease assets and liabilities on the balance sheet and requiring disclosure of key information regarding leasing arrangements. Specifically, the standard requires operating lease commitments to be recorded on the balance sheet as operating lease liabilities and right-of-use assets, and the cost of those operating leases to be amortized on a straight-line basis. ASU No. 2016-02 will be effective for JHA's annual reporting period beginning July 1, 2019 and early adoption is permitted. At transition, a modified retrospective approach must be utilized to measure leases as of the beginning of the earliest period presented, however, the FASB has provided certain practical expedients, which the Company is currently evaluating. The Company is currently assessing the impact this new standard will have on our consolidated financial statements and when we will adopt it. ASU 2016-15 issued by the FASB in August 2016 clarifies cash flow classification of eight specific cash flow issues and is effective for our annual reporting period beginning July 1, 2018. Early adoption is permitted. We do not expect any significant impact to our financial statements as a result of this standard.

Fair Value of Financial Instrum

Fair Value of Financial Instruments Fair Value of Financial Instruments (Text Block)	9 Months Ended
	Mar. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments[Text Block]	FAIR VALUE OF FINANCIAL INSTRUMENTS For cash equivalents, amounts receivable or payable and short-term borrowings, fair values approximate carrying value, based on the short-term nature of the assets and liabilities. The Company's estimates of the fair value for financial assets and financial liabilities are based on the framework established in the fair value accounting guidance. The framework is based on the inputs used in valuation, gives the highest priority to quoted prices in active markets, and requires that observable inputs be used in the valuations when available. The three levels of the hierarchy are as follows: Level 1: inputs to the valuation are quoted prices in an active market for identical assets Level 2: inputs to the valuation include quoted prices for similar assets in active markets that are observable either directly or indirectly Level 3: valuation is based on significant inputs that are unobservable in the market and the Company's own estimates of assumptions that we believe market participants would use in pricing the asset Fair value of financial assets, included in cash and cash equivalents, and financial liabilities is as follows: Estimated Fair Value Measurements Total Fair Level 1 Level 2 Level 3 Value March 31, 2018 Financial Assets: Money market funds $ 29,969 $ — $ — $ 29,969 Financial Liabilities: Revolving credit facility $ — $ 105,000 $ — $ 105,000 June 30, 2017 Financial Assets: Money market funds $ 68,474 $ — $ — $ 68,474 Certificate of Deposit $ — $ 2,001 $ — $ 2,001 Financial Liabilities: Revolving credit facility $ — $ 50,000 $ — $ 50,000 Non-Recurring Fair Value Measurements June 30, 2017 Long-lived assets held for sale (a) $ — $ 1,300 $ — $ 1,300 (a) In accordance with ASC Subtopic 360-10, long-lived assets held for sale with a carrying value of $4,575 were written down to their fair value of $1,300 , resulting in an impairment totaling $3,275 , which was included in earnings for the period ended June 30, 2017 . These assets are expected to be disposed of by sale in the third quarter of fiscal 2019.

Intangible Assets Intangible As

Intangible Assets Intangible Assets (Notes)	9 Months Ended
	Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets Disclosure [Text Block]	INTANGIBLE ASSETS The estimated aggregate future amortization expense for the remainder of fiscal 2018 and each of the next four years for all intangible assets remaining as of March 31, 2018 , is as follows: Years Ending June 30, Computer Software Customer Relationships Other Intangible Assets Total 2018 (remainder) $ 15,979 $ 4,017 $ 3,739 $ 23,735 2019 66,148 16,399 12,015 94,562 2020 55,595 13,906 6,518 76,019 2021 37,372 11,750 1,854 50,976 2022 22,199 10,689 1,121 34,009

Debt (Text Block)

Debt (Text Block)	9 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Debt and Capital Leases Disclosures [Text Block]	DEBT Revolving credit facility The revolving credit facility allows for borrowings of up to $300,000 , which may be increased by the Company at any time until maturity to $600,000 . The credit facility bears interest at a variable rate equal to (a) a rate based on LIBOR or (b) an alternate base rate (the highest of (i) the Prime Rate for such day, (ii) the sum of the Federal Funds Effective Rate for such day plus 0.50% and (iii) the Eurocurrency Rate for a one-month Interest Period on such day for dollars plus 1.0% ), plus an applicable percentage in each case determined by the Company's leverage ratio. The credit facility is guaranteed by certain subsidiaries of the Company. The credit facility is subject to various financial covenants that require the Company to maintain certain financial ratios as defined in the agreement. As of March 31, 2018 , the Company was in compliance with all such covenants. The revolving loan terminates February 20, 2020 . At March 31, 2018 , there was an outstanding revolving loan balance of $105,000 . There was a $50,000 outstanding balance at June 30, 2017 . 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 April 2017 and expires on April 30, 2019 . At March 31, 2018 , no amount was outstanding. There was also no balance outstanding at June 30, 2017 . Interest The Company paid interest of $632 and $418 during the nine months ended March 31, 2018 and 2017 , respectively.

Income Taxes (Text Block)

Income Taxes (Text Block)	9 Months Ended
	Mar. 31, 2018
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	INCOME TAXES On December 22, 2017, the Tax Cuts and Jobs Act of 2017 ("TCJA") was enacted into law, which includes numerous provisions that impact the Company, including reducing the U.S. federal tax rate, eliminating the Domestic Production Activities Deduction in future tax years, and providing expanded asset expensing. The TCJA reduced the U.S. federal statutory corporate income tax rate from 35% to 21% , effective January 1, 2018. For the Company’s fiscal year 2018, a blended U.S. federal statutory tax rate of approximately 28% will apply to the Company. The effective tax rate was 24.4% of income before income taxes for the quarter ended March 31, 2018 , compared to 32.1% for the same quarter in fiscal 2017 . For the nine months ended March 31, 2018 the effective tax rate was (2.9)% , compared to 32.5% for the nine months ended March 31, 2017 . The significant decrease to the Company's tax rate was primarily due to $96,766 and $8,746 of income tax benefits recorded as a result of the TCJA in the quarters ended December 31, 2017, and March 31, 2018, respectively. The staff of the SEC has recognized the complexity of reflecting the impacts of the TCJA, and on December 22, 2017, issued guidance in Staff Accounting Bulletin No. 118 ("SAB 118") which clarifies accounting for income taxes under ASC Topic 740 if information is not available or complete and provides for up to a one-year period in which to complete the required analyses and accounting. The Company relied on SAB 118 in computing its accounting for income taxes during the periods ended December 31, 2017 and March 31, 2018. The computation of income taxes payable, deferred tax liability, and income tax expense for these periods reflect provisional amounts for which the income tax effects of the TCJA have not been completed, but for which reasonable estimates are available. As a fiscal year taxpayer, the Company has utilized certain estimates and forecasts of future operations in estimating both the reversal of deferred tax assets and liabilities that existed on the enactment date, as well as the generation of additional deferred tax assets and liabilities for the remainder of the year ending June 30, 2018. The Company analyzed its deferred tax balances to estimate which of those balances are expected to reverse in fiscal 2018 (at a blended U.S. federal income tax rate of approximately 28.0% ), or thereafter (at a 21.0% U.S. federal income tax rate). These estimates may change as we receive additional information about the timing of deferred tax reversals. The Company included a re-measurement of $800 of income tax benefits in the quarter ended March 31, 2018 . It is anticipated that any additional income tax effects from the TCJA will be recorded in the period ending June 30, 2018 as the deferred tax activity becomes known as a result of actual operations. The Company paid income taxes, net of refunds, of $48,301 and $66,683 in the nine months ended March 31, 2018 and 2017 , respectively. At March 31, 2018 , the Company had $9,914 of gross unrecognized tax benefits, $9,006 of which, if recognized, would affect our effective tax rate. We had accrued interest and penalties of $1,249 and $1,083 related to uncertain tax positions at March 31, 2018 and 2017 , respectively. The U.S. federal and state income tax returns for fiscal year 2014 and all subsequent years remain subject to examination as of March 31, 2018 under statute of limitations rules. We anticipate potential changes due to lapsing statutes of limitations and examination closures could reduce the unrecognized tax benefits balance by $500 - $1,500 within twelve months of March 31, 2018 .

Stock Based Compensation (Text

Stock Based Compensation (Text Block)	9 Months Ended
	Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	STOCK-BASED COMPENSATION Our operating income for the three months ended March 31, 2018 and 2017 included $3,225 and $3,132 of stock-based compensation costs, respectively. For the nine months ended March 31, 2018 and 2017 , stock-based compensation costs included in operating income totaled $7,834 and $7,362 , respectively. Stock Options 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 are determined by the Compensation Committee of the Board of Directors when granted. The option period must expire not more than ten years from the option grant date. The options granted under this plan are exercisable beginning three years after the grant date 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 ten years after grant. The Company previously issued options to outside directors under the 2005 Non-Qualified Stock Option Plan (“2005 NSOP”). No additional stock options may be issued under this plan. A summary of option plan activity under these plans is as follows: Number of Shares Weighted Average Exercise Price Aggregate Intrinsic Value Outstanding July 1, 2017 72 $ 50.04 Granted — — Forfeited — — Exercised (10 ) 17.45 Outstanding March 31, 2018 62 $ 55.32 $ 4,048 Vested and Expected to Vest March 31, 2018 62 $ 55.32 $ 4,048 Exercisable March 31, 2018 30 $ 21.58 $ 2,981 At March 31, 2018 , there was $209 of compensation cost yet to be recognized related to outstanding options. The weighted average remaining contractual term on options currently exercisable as of March 31, 2018 was 1.25 years . Restricted Stock Awards The Company issues both share awards and unit awards under the 2015 EIP, and previously issued these awards through the 2005 Restricted Stock Plan. The following table summarizes non-vested share awards as of March 31, 2018 , as well as activity for the nine months then ended: Share awards Shares Weighted Average Grant Date Fair Value Outstanding July 1, 2017 36 $ 73.66 Granted — — Vested (11 ) 58.30 Forfeited (1 ) 64.60 Outstanding March 31, 2018 24 $ 80.54 At March 31, 2018 , there was $407 of compensation expense that has yet to be recognized related to non-vested restricted stock share awards, which will be recognized over a weighted average period of 0.54 years . The following table summarizes non-vested unit awards as of March 31, 2018 , as well as activity for the nine months then ended: Unit awards Units Weighted Average Grant Date Fair Value Aggregate Intrinsic Value Outstanding July 1, 2017 386 $ 67.84 Granted 115 96.46 Vested (155 ) 56.87 Forfeited (4 ) 80.81 Outstanding March 31, 2018 342 $ 82.28 $ 41,322 The Company utilized a Monte Carlo pricing model customized to the specific provisions of the Company’s plan design to value unit awards subject to performance targets on the grant dates. The weighted average assumptions used in this model to estimate fair value at the measurement date and resulting values for 81 unit awards granted in fiscal 2018 are as follows: Volatility 15.60 % Risk free interest rate 1.55 % Dividend yield 1.20 % Stock Beta 0.687 The remaining 34 unit awards granted are not subject to performance targets, and therefore the estimated fair value at measurement date is valued in the same manner as restricted stock share award grants. At March 31, 2018 , there was $13,385 of compensation expense that has yet to be recognized related to non-vested restricted stock unit awards, which will be recognized over a weighted average period of 1.37 years .

Earnings Per Share Earnings Per

Earnings Per Share Earnings Per Share (Text Block)	9 Months Ended
	Mar. 31, 2018
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	EARNINGS PER SHARE The following table reflects the reconciliation between basic and diluted earnings per share. Three Months Ended March 31, Nine Months Ended March 31, 2018 2017 2018 2017 Net Income $ 72,395 $ 60,044 $ 291,380 $ 181,102 Common share information: Weighted average shares outstanding for basic earnings per share 77,247 77,597 77,249 77,941 Dilutive effect of stock options and restricted stock 299 335 337 378 Weighted average shares outstanding for diluted earnings per share 77,546 77,932 77,586 78,319 Basic earnings per share $ 0.94 $ 0.77 $ 3.77 $ 2.32 Diluted earnings per share $ 0.93 $ 0.77 $ 3.76 $ 2.31 Per share information is based on the weighted average number of common shares outstanding for the three and nine months ended March 31, 2018 and 2017 . Stock options and restricted stock have been included in the calculation of earnings per share to the extent they are dilutive. There were 49 anti-dilutive stock options or restricted stock shares excluded for the quarter ended March 31, 2018 , compared to 89 shares excluded for the quarter ended March 31, 2017 . For the nine months ended March 31, 2018 and 2017 , respectively, there were 36 and 74 anti-dilutive securities excluded.

Business Acquisitions (Text Blo

Business Acquisitions (Text Block)	9 Months Ended
	Mar. 31, 2018
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]
Business Acquisition Disclosure [Text Block]	BUSINESS ACQUISITIONS Ensenta Corporation On December 21, 2017 , the Company acquired all of the equity interest of EST Holdings, Inc. and its wholly-owned subsidiary, EST Interco, Inc., for $134,472 paid in cash. EST Holdings, Inc. and EST Interco, Inc. jointly own all of the outstanding equity of Ensenta Corporation ("Ensenta"), a California-based provider of real-time, cloud-based solutions for mobile and online payments and deposits. This acquisition was partially funded by a draw on the Company's revolving credit facility, with the remaining amount funded by existing operating cash. The addition of Ensenta Corporation to the JHA Payment Solutions Group expands the Company’s ability to conduct real-time transactions with third-party platforms, extending its presence in the credit union market through shared branching technology. Management has completed a preliminary purchase price allocation of Ensenta and its assessment of the fair value of acquired assets and liabilities assumed. The recognized amounts of identifiable assets acquired and liabilities assumed, based upon their preliminary fair values as of December 21, 2017 are set forth below: Current assets $ 13,950 Long-term assets 585 Identifiable intangible assets 55,001 Non-current deferred income tax liability (19,888 ) Total other liabilities assumed (8,590 ) Total identifiable net assets 41,058 Goodwill 93,414 Net assets acquired $ 134,472 The amounts shown above include an immaterial measurement period adjustment made during the third quarter that impacted non-current deferred income tax liability and goodwill. The amounts shown above may change as management finalizes its assessment of the fair value of acquired assets and liabilities and evaluates the income tax implications of this business combination. The goodwill of $93,414 arising from this acquisition consists largely of the growth potential, synergies and economies of scale expected from combining the operations of the Company with those of Ensenta, together with the value of Ensenta's assembled workforce. The goodwill from this acquisition has been allocated to our Payments segment and is not expected to be deductible for income tax purposes. Identifiable intangible assets from this acquisition consist of customer relationships of $33,824 , computer software of $16,639 , and other intangible assets of $4,538 . The weighted average amortization period for acquired customer relationships, computer software, and other intangible assets is 15 years , 10 years , and 10 years , respectively. Current assets were inclusive of cash acquired of $7,273 . The fair value of current assets acquired included accounts receivable of $4,668 , none of which were expected to be uncollectible. Costs incurred related to the acquisition of Ensenta in fiscal 2018 totaled $324 for legal, valuation, and other fees, and were expensed as incurred within selling, general, and administrative expense. The Company's consolidated statements of income for the three months ended March 31, 2018 included revenue of $7,160 and after-tax net income of $199 resulting from Ensenta's operations. For the nine months ended March 31, 2018 , the Company's consolidated statements of income included revenue of $8,087 and after-tax net income of $6,566 . The after-tax net income included a large tax benefit recorded as a result of the TCJA. Excluding the effects of the TCJA, the Company's after-tax net income resulting from Ensenta's operations totaled $225 . The accompanying consolidated statements of income for the three and nine months ended March 31, 2018 do not include any revenues and expenses related to this acquisition prior to the acquisition date. The following unaudited pro forma consolidated financial information is presented as if this acquisition had occurred at the beginning of the earliest period presented. In addition, this unaudited pro forma financial information is provided for illustrative purposes only and should not be relied upon as necessarily being indicative of the historical results that would have been obtained if the acquisition had actually occurred during those periods, or the results that may be obtained in the future as a result of the acquisition. Three Months Ended Nine Months Ended March 31, March 31, 2018 2017 2018 2017 Actual Proforma Proforma Proforma Revenue $ 384,684 $ 359,779 $ 1,132,492 $ 1,064,530 Net Income 72,395 60,569 292,890 182,633 Basic Earnings Per Share $ 0.94 $ 0.78 $ 3.79 $ 2.34 Diluted Earnings Per Share $ 0.93 $ 0.78 $ 3.78 $ 2.33 Vanguard Software Group On August 31, 2017 , the Company acquired all of the equity interest of Vanguard Software Group, a Florida-based company specializing in the underwriting, spreading, and online decisioning of commercial loans, for $10,744 paid in cash. This acquisition was funded using existing operating cash. The addition of Vanguard Software Group to the Company's ProfitStars® Lending Solutions Group expands functionality offered to clients, allowing for near-real-time communication with JHA's core processing and ancillary solutions, and also enhances cross-sell opportunities. Management has completed a preliminary purchase price allocation of Vanguard Software Group and its assessment of the fair value of acquired assets and liabilities assumed. The recognized amounts of identifiable assets acquired and liabilities assumed, based upon their preliminary fair values as of August 31, 2017 are set forth below: Current assets $ 1,153 Long-term assets 9 Identifiable intangible assets 4,200 Total liabilities assumed (1,117 ) Total identifiable net assets 4,245 Goodwill 6,499 Net assets acquired $ 10,744 The amounts shown above may change in the near term as management finalizes its calculation of the fair value of acquired assets and liabilities and evaluates the income tax implications of this business combination. The goodwill of $6,499 arising from this acquisition consists largely of the growth potential, synergies and economies of scale expected from combining the operations of the Company with those of Vanguard Software Group, together with the value of Vanguard Software Group's assembled workforce. The goodwill from this acquisition has been allocated to our Complementary segment and is expected to be deductible for income tax purposes. Identifiable intangible assets from this acquisition consist of customer relationships of $2,234 , computer software of $1,426 , and other intangible assets of $540 . The weighted average amortization periods for acquired customer relationships, computer software, and other intangible assets are 15 years , 10 years , and 10 years , respectively. Current assets were inclusive of cash acquired of $289 . The fair value of current assets acquired included accounts receivable of $847 , none of which were expected to be uncollectible. Costs incurred related to the acquisition of Vanguard Software Group were immaterial for the periods presented. The Company's consolidated statements of income for the third quarter of fiscal 2018 included revenue of $477 and an after-tax net loss of $238 resulting from Vanguard Software Group's operations. For the nine months ended March 31, 2018 , the Company's consolidated statements of income included revenue of $970 and after-tax net loss of $635 . The accompanying consolidated statements of income for the three and nine months ended March 31, 2018 do not include any revenues and expenses related to this acquisition prior to the acquisition date. The impact of this acquisition was considered immaterial to both the current and prior periods of our consolidated financial statements and pro forma financial information has not been provided.

Reportable Segment Information

Reportable Segment Information (Text Block)	9 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
Reportable Segment Information Disclosure [Text Block]	REPORTABLE SEGMENT INFORMATION The Company is a provider of integrated computer systems that perform data processing (available for in-house installations or outsourced services) for banks and credit unions. Beginning in the first quarter of fiscal 2018, JHA changed its reportable segment structure from two customer-centric segments, Bank and Credit Union, to four product-centric segments. The change was made based on the view of our Chief Executive Officer, who is also our Chief Operating Decision Maker, that the Company could be more effectively managed using a product-centric approach and was driven by the first budgetary process under his administration. He requested changes in reports he regularly reviews for the purposes of allocating resources and assessing performance. The Company’s operations are classified into four reportable segments: Core, Payments, Complementary, and Corporate & 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 transaction 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 our Core solutions or used independently. The Corporate & Other segment includes hardware revenue and costs, 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. The prior period presented has been retroactively restated to conform to the new segment structure adopted July 1, 2017. Three Months Ended March 31, 2018 Core Payments Complementary Corporate & Other Total REVENUE Services and Support $ 129,787 $ 14,950 $ 89,151 $ 10,942 $ 244,830 Processing 6,824 117,624 15,355 51 139,854 Total Revenue 136,611 132,574 104,506 10,993 384,684 Cost of Revenue 63,157 62,783 42,837 52,815 221,592 Research and Development 22,591 Selling, General, and Administrative 44,185 Gain on Disposal of Businesses — Total Expenses 288,368 SEGMENT INCOME $ 73,454 $ 69,791 $ 61,669 $ (41,822 ) OPERATING INCOME 96,316 INTEREST INCOME (EXPENSE) (604 ) INCOME BEFORE INCOME TAXES $ 95,712 Three Months Ended March 31, 2017 Core Payments Complementary Corporate & Other Total REVENUE Services and Support $ 120,978 $ 10,805 $ 81,076 $ 13,997 $ 226,856 Processing 6,192 107,588 13,122 9 126,911 Total Revenue 127,170 118,393 94,198 14,006 353,767 Cost of Revenue 58,983 55,802 39,488 52,454 206,727 Research and Development 20,801 Selling, General, and Administrative 39,794 Gain on Disposal of Businesses (2,286 ) Total Expenses 265,036 SEGMENT INCOME $ 68,187 $ 62,591 $ 54,710 $ (38,448 ) OPERATING INCOME 88,731 INTEREST INCOME (EXPENSE) (236 ) INCOME BEFORE INCOME TAXES $ 88,495 Nine Months Ended March 31, 2018 Core Payments Complementary Corporate & Other Total REVENUE Services and Support $ 379,643 $ 34,950 $ 252,746 $ 39,540 $ 706,879 Processing 20,300 346,787 45,338 70 412,495 Total Revenue 399,943 381,737 298,084 39,610 1,119,374 Cost of Revenue 178,619 179,100 124,693 155,548 637,960 Research and Development 65,934 Selling, General, and Administrative 133,532 Gain on Disposal of Businesses (1,894 ) Total Expenses 835,532 SEGMENT INCOME $ 221,324 $ 202,637 $ 173,391 $ (115,938 ) OPERATING INCOME 283,842 INTEREST INCOME (EXPENSE) (749 ) INCOME BEFORE INCOME TAXES $ 283,093 Nine Months Ended March 31, 2017 Core Payments Complementary Corporate & Other Total REVENUE Services and Support $ 345,660 $ 35,688 $ 240,487 $ 44,227 $ 666,062 Processing 18,304 324,179 38,720 84 381,287 Total Revenue 363,964 359,867 279,207 44,311 1,047,349 Cost of Revenue 164,820 166,615 117,290 150,911 599,636 Research and Development 61,413 Selling, General, and Administrative 119,795 Gain on Disposal of Businesses (2,250 ) Total Expenses 778,594 SEGMENT INCOME $ 199,144 $ 193,252 $ 161,917 $ (106,600 ) OPERATING INCOME 268,755 INTEREST INCOME (EXPENSE) (395 ) INCOME BEFORE INCOME TAXES $ 268,360 The Company has not disclosed any additional asset information by segment, as the information is not generated for internal management reporting to the Chief Operating Decision Maker.

Subsequent Events Subsequent Ev

Subsequent Events Subsequent Events (Text Block)	9 Months Ended
	Mar. 31, 2018
Subsequent Events [Abstract]
Subsequent Events [Text Block]	SUBSEQUENT EVENTS Dividends On May 4, 2018 , the Company's Board of Directors declared a cash dividend of $0.37 per share on its common stock, payable on June 7, 2018 to shareholders of record on May 23, 2018 .

Nature of Operations and Summ17

Nature of Operations and Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Mar. 31, 2018
Accounting Policies [Abstract]
Consolidation	The condensed consolidated financial statements include the accounts of JHA and all of its subsidiaries, which are wholly-owned, and all intercompany accounts and transactions have been eliminated.
Property, Plant and Equipment, Impairment [Policy Text Block]	Property and equipment is stated at cost and depreciated using the straight-line method over the estimated useful lives of the assets.
Goodwill and Intangible Assets, Policy [Policy Text Block]	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 intangible assets with an indefinite life (such as goodwill), over an estimated economic benefit period, generally three to twenty years.
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 borrowings on its existing line-of-credit. The share repurchase program does not include specific price targets or timetables and may be suspended at any time.

Fair Value of Financial Instr18

Fair Value of Financial Instruments Fair Value of Financial Instruments (Policies)	9 Months Ended
	Mar. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments, Policy [Policy Text Block]	For cash equivalents, amounts receivable or payable and short-term borrowings, fair values approximate carrying value, based on the short-term nature of the assets and liabilities. The Company's estimates of the fair value for financial assets and financial liabilities are based on the framework established in the fair value accounting guidance. The framework is based on the inputs used in valuation, gives the highest priority to quoted prices in active markets, and requires that observable inputs be used in the valuations when available. The three levels of the hierarchy are as follows: Level 1: inputs to the valuation are quoted prices in an active market for identical assets Level 2: inputs to the valuation include quoted prices for similar assets in active markets that are observable either directly or indirectly Level 3: valuation is based on significant inputs that are unobservable in the market and the Company's own estimates of assumptions that we believe market participants would use in pricing the asset

Fair Value of Financial Instr19

Fair Value of Financial Instruments Fair Value of Financial Instruments (Tables)	9 Months Ended
	Mar. 31, 2018
Fair Value Disclosures [Abstract]
Recurring Fair Value Measurements[Table Text Block]	Fair value of financial assets, included in cash and cash equivalents, and financial liabilities is as follows: Estimated Fair Value Measurements Total Fair Level 1 Level 2 Level 3 Value March 31, 2018 Financial Assets: Money market funds $ 29,969 $ — $ — $ 29,969 Financial Liabilities: Revolving credit facility $ — $ 105,000 $ — $ 105,000 June 30, 2017 Financial Assets: Money market funds $ 68,474 $ — $ — $ 68,474 Certificate of Deposit $ — $ 2,001 $ — $ 2,001 Financial Liabilities: Revolving credit facility $ — $ 50,000 $ — $ 50,000
Non-Recurring Fair Value Measurements [Table Text Block]	Non-Recurring Fair Value Measurements June 30, 2017 Long-lived assets held for sale (a) $ — $ 1,300 $ — $ 1,300 (a) In accordance with ASC Subtopic 360-10, long-lived assets held for sale with a carrying value of $4,575 were written down to their fair value of $1,300 , resulting in an impairment totaling $3,275 , which was included in earnings for the period ended June 30, 2017 . These assets are expected to be disposed of by sale in the third quarter of fiscal 2019.

Intangible Assets Intangible 20

Intangible Assets Intangible Assets (Tables)	9 Months Ended
	Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	The estimated aggregate future amortization expense for the remainder of fiscal 2018 and each of the next four years for all intangible assets remaining as of March 31, 2018 , is as follows: Years Ending June 30, Computer Software Customer Relationships Other Intangible Assets Total 2018 (remainder) $ 15,979 $ 4,017 $ 3,739 $ 23,735 2019 66,148 16,399 12,015 94,562 2020 55,595 13,906 6,518 76,019 2021 37,372 11,750 1,854 50,976 2022 22,199 10,689 1,121 34,009

Stock Based Compensation (Table

Stock Based Compensation (Tables)	9 Months Ended
	Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Compensation, Stock Options, Activity [Table Text Block]	A summary of option plan activity under these plans is as follows: Number of Shares Weighted Average Exercise Price Aggregate Intrinsic Value Outstanding July 1, 2017 72 $ 50.04 Granted — — Forfeited — — Exercised (10 ) 17.45 Outstanding March 31, 2018 62 $ 55.32 $ 4,048 Vested and Expected to Vest March 31, 2018 62 $ 55.32 $ 4,048 Exercisable March 31, 2018 30 $ 21.58 $ 2,981
Schedule of Nonvested Restricted Stock Activity [Table Text Block]	The following table summarizes non-vested share awards as of March 31, 2018 , as well as activity for the nine months then ended: Share awards Shares Weighted Average Grant Date Fair Value Outstanding July 1, 2017 36 $ 73.66 Granted — — Vested (11 ) 58.30 Forfeited (1 ) 64.60 Outstanding March 31, 2018 24 $ 80.54
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	The following table summarizes non-vested unit awards as of March 31, 2018 , as well as activity for the nine months then ended: Unit awards Units Weighted Average Grant Date Fair Value Aggregate Intrinsic Value Outstanding July 1, 2017 386 $ 67.84 Granted 115 96.46 Vested (155 ) 56.87 Forfeited (4 ) 80.81 Outstanding March 31, 2018 342 $ 82.28 $ 41,322
ScheduleOfShareBasedPaymentAwardRSUValuationAssumptionsTableTextBlock [Table Text Block]	The weighted average assumptions used in this model to estimate fair value at the measurement date and resulting values for 81 unit awards granted in fiscal 2018 are as follows: Volatility 15.60 % Risk free interest rate 1.55 % Dividend yield 1.20 % Stock Beta 0.687

Earnings Per Share Earnings P22

Earnings Per Share Earnings Per Share (Tables)	9 Months Ended
	Mar. 31, 2018
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. Three Months Ended March 31, Nine Months Ended March 31, 2018 2017 2018 2017 Net Income $ 72,395 $ 60,044 $ 291,380 $ 181,102 Common share information: Weighted average shares outstanding for basic earnings per share 77,247 77,597 77,249 77,941 Dilutive effect of stock options and restricted stock 299 335 337 378 Weighted average shares outstanding for diluted earnings per share 77,546 77,932 77,586 78,319 Basic earnings per share $ 0.94 $ 0.77 $ 3.77 $ 2.32 Diluted earnings per share $ 0.93 $ 0.77 $ 3.76 $ 2.31

Business Acquisitions (Tables)

Business Acquisitions (Tables)	9 Months Ended
	Mar. 31, 2018
Ensenta Corporation [Member]
Business Acquisition [Line Items]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Management has completed a preliminary purchase price allocation of Ensenta and its assessment of the fair value of acquired assets and liabilities assumed. The recognized amounts of identifiable assets acquired and liabilities assumed, based upon their preliminary fair values as of December 21, 2017 are set forth below: Current assets $ 13,950 Long-term assets 585 Identifiable intangible assets 55,001 Non-current deferred income tax liability (19,888 ) Total other liabilities assumed (8,590 ) Total identifiable net assets 41,058 Goodwill 93,414 Net assets acquired $ 134,472
Business Acquisition, Pro Forma Information [Table Text Block]	The following unaudited pro forma consolidated financial information is presented as if this acquisition had occurred at the beginning of the earliest period presented. In addition, this unaudited pro forma financial information is provided for illustrative purposes only and should not be relied upon as necessarily being indicative of the historical results that would have been obtained if the acquisition had actually occurred during those periods, or the results that may be obtained in the future as a result of the acquisition. Three Months Ended Nine Months Ended March 31, March 31, 2018 2017 2018 2017 Actual Proforma Proforma Proforma Revenue $ 384,684 $ 359,779 $ 1,132,492 $ 1,064,530 Net Income 72,395 60,569 292,890 182,633 Basic Earnings Per Share $ 0.94 $ 0.78 $ 3.79 $ 2.34 Diluted Earnings Per Share $ 0.93 $ 0.78 $ 3.78 $ 2.33
Vanguard Software Group [Member]
Business Acquisition [Line Items]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Management has completed a preliminary purchase price allocation of Vanguard Software Group and its assessment of the fair value of acquired assets and liabilities assumed. The recognized amounts of identifiable assets acquired and liabilities assumed, based upon their preliminary fair values as of August 31, 2017 are set forth below: Current assets $ 1,153 Long-term assets 9 Identifiable intangible assets 4,200 Total liabilities assumed (1,117 ) Total identifiable net assets 4,245 Goodwill 6,499 Net assets acquired $ 10,744

Reportable Segment Informatio24

Reportable Segment Information (Tables)	9 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Three Months Ended March 31, 2018 Core Payments Complementary Corporate & Other Total REVENUE Services and Support $ 129,787 $ 14,950 $ 89,151 $ 10,942 $ 244,830 Processing 6,824 117,624 15,355 51 139,854 Total Revenue 136,611 132,574 104,506 10,993 384,684 Cost of Revenue 63,157 62,783 42,837 52,815 221,592 Research and Development 22,591 Selling, General, and Administrative 44,185 Gain on Disposal of Businesses — Total Expenses 288,368 SEGMENT INCOME $ 73,454 $ 69,791 $ 61,669 $ (41,822 ) OPERATING INCOME 96,316 INTEREST INCOME (EXPENSE) (604 ) INCOME BEFORE INCOME TAXES $ 95,712 Three Months Ended March 31, 2017 Core Payments Complementary Corporate & Other Total REVENUE Services and Support $ 120,978 $ 10,805 $ 81,076 $ 13,997 $ 226,856 Processing 6,192 107,588 13,122 9 126,911 Total Revenue 127,170 118,393 94,198 14,006 353,767 Cost of Revenue 58,983 55,802 39,488 52,454 206,727 Research and Development 20,801 Selling, General, and Administrative 39,794 Gain on Disposal of Businesses (2,286 ) Total Expenses 265,036 SEGMENT INCOME $ 68,187 $ 62,591 $ 54,710 $ (38,448 ) OPERATING INCOME 88,731 INTEREST INCOME (EXPENSE) (236 ) INCOME BEFORE INCOME TAXES $ 88,495 Nine Months Ended March 31, 2018 Core Payments Complementary Corporate & Other Total REVENUE Services and Support $ 379,643 $ 34,950 $ 252,746 $ 39,540 $ 706,879 Processing 20,300 346,787 45,338 70 412,495 Total Revenue 399,943 381,737 298,084 39,610 1,119,374 Cost of Revenue 178,619 179,100 124,693 155,548 637,960 Research and Development 65,934 Selling, General, and Administrative 133,532 Gain on Disposal of Businesses (1,894 ) Total Expenses 835,532 SEGMENT INCOME $ 221,324 $ 202,637 $ 173,391 $ (115,938 ) OPERATING INCOME 283,842 INTEREST INCOME (EXPENSE) (749 ) INCOME BEFORE INCOME TAXES $ 283,093 Nine Months Ended March 31, 2017 Core Payments Complementary Corporate & Other Total REVENUE Services and Support $ 345,660 $ 35,688 $ 240,487 $ 44,227 $ 666,062 Processing 18,304 324,179 38,720 84 381,287 Total Revenue 363,964 359,867 279,207 44,311 1,047,349 Cost of Revenue 164,820 166,615 117,290 150,911 599,636 Research and Development 61,413 Selling, General, and Administrative 119,795 Gain on Disposal of Businesses (2,250 ) Total Expenses 778,594 SEGMENT INCOME $ 199,144 $ 193,252 $ 161,917 $ (106,600 ) OPERATING INCOME 268,755 INTEREST INCOME (EXPENSE) (395 ) INCOME BEFORE INCOME TAXES $ 268,360

Nature of Operations and Summ25

Nature of Operations and Summary of Significant Accounting Policies Property and Equipment (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Jun. 30, 2017
Property, Plant and Equipment [Abstract]
Accumulated Depreciation, Property and Equipment	$ 373,116	$ 345,014

Nature of Operations and Summ26

Nature of Operations and Summary of Significant Accounting Policies Intangible Assets (Details) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2018	Jun. 30, 2017
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	$ 578,771	$ 503,653
Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	3 years
Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	20 years

Nature of Operations and Summ27

Nature of Operations and Summary of Significant Accounting Policies Purchase of Investment (Details) $ in Thousands	Mar. 31, 2018USD ($)
Preferred Stock [Member] | Automated Bookkeeping, Inc. [Member]
Schedule of Cost-method Investments [Line Items]
Cost Method Investments, Original Cost	$ 5,000

Nature of Operations and Summ28

Nature of Operations and Summary of Significant Accounting Policies Treasury Stock (Details) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Jun. 30, 2017
Class of Stock Disclosures [Abstract]
Treasury Stock, Shares	25,961,920		25,660,212
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased	4,029,000		4,330,000
Treasury Stock, Value	$ 1,036,292		$ 1,006,274
Treasury Stock, Shares, Acquired	302,000
Payments for Repurchase of Common Stock	$ 30,018	$ 103,885

Nature of Operations and Summ29

Nature of Operations and Summary of Significant Accounting Policies Dividends Declared Per Share (Details) - $ / shares	3 Months Ended		9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017
Equity [Abstract]
Dividends declared per share	$ 0.37	$ 0.31	$ 0.99	$ 0.87

Fair Value of Financial Instr30

Fair Value of Financial Instruments Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Mar. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets held for sale, carrying value prior to impairment	$ 4,575
Impairment of Long-Lived Assets to be Disposed of	3,275
Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets held-for-sale	1,300
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets held-for-sale	0
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets held-for-sale	1,300
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets held-for-sale	0
Line of Credit [Member] | Revolving Credit Facility [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Lines of Credit, Fair Value Disclosure	50,000	$ 105,000
Line of Credit [Member] | Revolving Credit Facility [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Lines of Credit, Fair Value Disclosure	0	0
Line of Credit [Member] | Revolving Credit Facility [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Lines of Credit, Fair Value Disclosure	50,000	105,000
Line of Credit [Member] | Revolving Credit Facility [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Lines of Credit, Fair Value Disclosure	0	0
Money Market Funds [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	68,474	29,969
Money Market Funds [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	68,474	29,969
Money Market Funds [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0	0
Money Market Funds [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0	$ 0
Certificates of Deposit [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	2,001
Certificates of Deposit [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0
Certificates of Deposit [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	2,001
Certificates of Deposit [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	$ 0

Intangible Assets Intangible 31

Intangible Assets Intangible Assets (Details) $ in Thousands	Mar. 31, 2018USD ($)
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year	$ 23,735
Finite-Lived Intangible Assets, Amortization Expense, Year Two	94,562
Finite-Lived Intangible Assets, Amortization Expense, Year Three	76,019
Finite-Lived Intangible Assets, Amortization Expense, Year Four	50,976
Finite-Lived Intangible Assets, Amortization Expense, Year Five	34,009
Computer Software, Intangible Asset [Member]
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year	15,979
Finite-Lived Intangible Assets, Amortization Expense, Year Two	66,148
Finite-Lived Intangible Assets, Amortization Expense, Year Three	55,595
Finite-Lived Intangible Assets, Amortization Expense, Year Four	37,372
Finite-Lived Intangible Assets, Amortization Expense, Year Five	22,199
Customer Relationships [Member]
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year	4,017
Finite-Lived Intangible Assets, Amortization Expense, Year Two	16,399
Finite-Lived Intangible Assets, Amortization Expense, Year Three	13,906
Finite-Lived Intangible Assets, Amortization Expense, Year Four	11,750
Finite-Lived Intangible Assets, Amortization Expense, Year Five	10,689
Other Intangible Assets [Member]
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year	3,739
Finite-Lived Intangible Assets, Amortization Expense, Year Two	12,015
Finite-Lived Intangible Assets, Amortization Expense, Year Three	6,518
Finite-Lived Intangible Assets, Amortization Expense, Year Four	1,854
Finite-Lived Intangible Assets, Amortization Expense, Year Five	$ 1,121

Debt Narrative (Details)

Debt Narrative (Details) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Jun. 30, 2017
Debt Instrument [Line Items]
Interest Paid	$ 632	$ 418
Unsecured Debt [Member]
Debt Instrument [Line Items]
Unsecured Loan, Unused Borrowing Capacity	$ 5,000
Unsecured Loan, Maturity Date	Apr. 30, 2019
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	$ 600,000
Revolving Credit Facility, Expiration Date	Feb. 20, 2020
Long-term Debt	$ 105,000		$ 50,000
Federal Funds Effective Swap Rate [Member] | Revolving Credit Facility [Member] | Line of Credit [Member]
Debt Instrument [Line Items]
Basis Spread on Variable Rate	0.50%
London Interbank Offered Rate (LIBOR) [Member] | Revolving Credit Facility [Member] | Line of Credit [Member]
Debt Instrument [Line Items]
Basis Spread on Variable Rate	1.00%
Prime Rate [Member] | Unsecured Debt [Member]
Debt Instrument [Line Items]
Basis Spread on Variable Rate	(1.00%)

Income Taxes Narrative (Details

Income Taxes Narrative (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended		12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2018	Jun. 30, 2018	Dec. 31, 2017
Effective Tax Rate	24.40%		32.10%	(2.90%)	32.50%
PROVISION/ (BENEFIT) FOR INCOME TAXES	$ 23,317		$ 28,451	$ (8,287)	$ 87,258
U.S Federal Statutory Income Tax Rate								35.00%
Income Taxes Paid				48,301	66,683
Unrecognized Tax Benefits	9,914			9,914
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	9,006			9,006
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	1,249		$ 1,083	1,249	$ 1,083
Minimum [Member]
Expiration of statutes of limitations impact on UTB balance	500			500
Maximum [Member]
Expiration of statutes of limitations impact on UTB balance	1,500			$ 1,500
Scenario, Forecast [Member]
U.S Federal Statutory Income Tax Rate						21.00%	28.00%
Tax Cuts and Jobs Act [Member]
PROVISION/ (BENEFIT) FOR INCOME TAXES	(8,746)	$ (96,766)
Measurement period adjustment of income tax benefit recorded in prior period	$ (800)

Stock Based Compensation Narrat

Stock Based Compensation Narrative (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation	$ 3,225	$ 3,132	$ 7,834	$ 7,362
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Termination Period After Termination of Employment			90 days
Nonvested Awards, Compensation Not yet Recognized, Stock Options	209		$ 209
Weighted average remaining contractual term, stock options			1 year 92 days
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense yet to be recognized	13,385		$ 13,385
Compensation expense yet to be recognized, period for recognition			1 year 135 days
Granted, number of shares			115
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense yet to be recognized	$ 407		$ 407
Compensation expense yet to be recognized, period for recognition			197 days
Granted, number of shares			0
2015 EIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares Authorized for Issuance	3,000		3,000
2015 EIP [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred Compensation Arrangement with Individual, Requisite Service Period			3 years
Termination Period After Death			1 year
Termination After Grant Date			10 years
Fair value under Monte Carlo [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, number of shares			81
Fair value on grant date less PV of dividends [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, number of shares			34

Stock Based Compensation Stock

Stock Based Compensation Stock Options (Details) - Employee Stock Option [Member] $ / shares in Units, shares in Thousands, $ in Thousands	9 Months Ended
	Mar. 31, 2018USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding, period start, number of shares | shares	72
Granted, number of shares | shares	0
Forfeited, number of shares | shares	0
Exercised, number of shares | shares	(10)
Outstanding, period end, number of shares | shares	62
Outstanding, period start, weighted average exercise price | $ / shares	$ 50.04
Granted, weighted average exercise price | $ / shares	0
Forfeited, weighted average exercise price | $ / shares	0
Exercised, weighted average exercise price | $ / shares	17.45
Outstanding, period end, weighted average exercise price | $ / shares	$ 55.32
Outstanding, period end, intrinsic value | $	$ 4,048
Vested and expected to vest, period end, number of shares | shares	62
Vested and expected to vest, period end, weighted average exercise price | $ / shares	$ 55.32
Vested and expected to vest, period end, intrinsic value | $	$ 4,048
Exercisable, period end, number of shares | shares	30
Exercisable, period end, weighted average exercise price | $ / shares	$ 21.58
Exercisable, period end, intrinsic value | $	$ 2,981

Stock Based Compensation Restri

Stock Based Compensation Restricted Stock Share Awards (Details) - Restricted Stock [Member] shares in Thousands	9 Months Ended
	Mar. 31, 2018$ / sharesshares
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 | shares	36
Granted, number of shares | shares	0
Vested, number of shares | shares	(11)
Forfeited, number of shares | shares	(1)
Outstanding, period end, number of shares | shares	24
Outstanding, period start, weighted average grant date fair value | $ / shares	$ 73.66
Granted, weighted average grant date fair value | $ / shares	0
Vested, weighted average grant date fair value | $ / shares	58.30
Forfeited, weighted average grant date fair value | $ / shares	64.60
Outstanding, period end, weighted average grant date fair value | $ / shares	$ 80.54

Stock Based Compensation Rest37

Stock Based Compensation Restricted Stock Unit Awards (Details) - Restricted Stock Units (RSUs) [Member] $ / shares in Units, shares in Thousands, $ in Thousands	9 Months Ended
	Mar. 31, 2018USD ($)$ / sharesshares
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 | shares	386
Granted, number of shares | shares	115
Vested, number of shares | shares	(155)
Forfeited, number of shares | shares	(4)
Outstanding, period end, number of shares | shares	342
Outstanding, period start, weighted average grant date fair value | $ / shares	$ 67.84
Granted, weighted average grant date fair value | $ / shares	96.46
Vested, weighted average grant date fair value | $ / shares	56.87
Forfeited, weighted average grant date fair value | $ / shares	80.81
Outstanding, period end, weighted average grant date fair value | $ / shares	$ 82.28
Restricted Stock Units, Aggregate Intrinsic Value, Outstanding | $	$ 41,322

Stock Based Compensation RSU Me

Stock Based Compensation RSU Measurement Date Assumptions (Details) - Restricted Stock Units (RSUs) [Member]	9 Months Ended
	Mar. 31, 2018
RSU grant date weighted average fair value assumptions
Volatility	15.60%
Risk free interest rate	1.55%
Dividend yield	1.20%
Stock Beta	0.687

Earnings Per Share Earnings P39

Earnings Per Share Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017
Earnings Per Share, Basic and Diluted [Abstract]
Net Income	$ 72,395	$ 60,044	$ 291,380	$ 181,102
Common share information:
Weighted average shares outstanding for basic earnings per share	77,247	77,597	77,249	77,941
Dilutive effect of stock options and restricted stock	299	335	337	378
Weighted average shares outstanding for diluted earnings per share	77,546	77,932	77,586	78,319
Basic earnings per share	$ 0.94	$ 0.77	$ 3.77	$ 2.32
Diluted earnings per share	$ 0.93	$ 0.77	$ 3.76	$ 2.31
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	49	89	36	74

Business Acquisitions (Details)

Business Acquisitions (Details) - USD ($) $ / shares in Units, $ in Thousands	Dec. 21, 2017	Aug. 31, 2017	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017	Jun. 30, 2017
Business Acquisition [Line Items]
Goodwill			$ 652,245		$ 652,245		$ 552,465
Ensenta Corporation [Member]
Business Acquisition [Line Items]
Business Acquisition, Effective Date of Acquisition	Dec. 21, 2017
Payments to Acquire Businesses, Gross	$ 134,472
Current assets	13,950
Long-term assets	585
Identifiable intangible assets	55,001
Non-current deferred income tax liability	(19,888)
Total other liabilities assumed	(8,590)
Total identifiable net assets	41,058
Net assets acquired	134,472
Acquisition goodwill expected to be tax deductible	0
Cash Acquired from Acquisition	7,273
Acquired Receivable, Fair Value	4,668
Acquired Receivables, Gross Contractual Amount	4,668
Acquired Receivables, Estimated Uncollectible	0
Business Acquisition, Transaction Costs			324		324
Revenue of Acquiree since Acquisition Date, Actual			7,160		8,087
Earnings or Loss of Acquiree since Acquisition Date, Actual			199		6,566
Earnings or Loss of Acquiree since Acquisition Date, Excluding Effects of TCJA					225
Pro Forma Revenue			384,684	$ 359,779	1,132,492	$ 1,064,530
Pro Forma Net Income (Loss)			$ 72,395	$ 60,569	$ 292,890	$ 182,633
Pro Forma Earnings Per Share, Basic			$ 0.94	$ 0.78	$ 3.79	$ 2.34
Pro Forma Earnings Per Share, Diluted			$ 0.93	$ 0.78	$ 3.78	$ 2.33
Vanguard Software Group [Member]
Business Acquisition [Line Items]
Business Acquisition, Effective Date of Acquisition		Aug. 31, 2017
Payments to Acquire Businesses, Gross		$ 10,744
Current assets		1,153
Long-term assets		9
Identifiable intangible assets		4,200
Total liabilities assumed		(1,117)
Total identifiable net assets		4,245
Net assets acquired		10,744
Acquisition goodwill expected to be tax deductible		6,499
Cash Acquired from Acquisition		289
Acquired Receivable, Fair Value		847
Acquired Receivables, Gross Contractual Amount		847
Acquired Receivables, Estimated Uncollectible		0
Revenue of Acquiree since Acquisition Date, Actual			$ 477		$ 970
Earnings or Loss of Acquiree since Acquisition Date, Actual			$ (238)		$ (635)
Customer Relationships [Member] | Ensenta Corporation [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired	$ 33,824
Identifiable Intangible Assets, Weighted Average Useful Life	15 years
Customer Relationships [Member] | Vanguard Software Group [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired		$ 2,234
Identifiable Intangible Assets, Weighted Average Useful Life		15 years
Computer Software, Intangible Asset [Member] | Ensenta Corporation [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired	$ 16,639
Identifiable Intangible Assets, Weighted Average Useful Life	10 years
Computer Software, Intangible Asset [Member] | Vanguard Software Group [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired		$ 1,426
Identifiable Intangible Assets, Weighted Average Useful Life		10 years
Other Intangible Assets [Member] | Ensenta Corporation [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired	$ 4,538
Identifiable Intangible Assets, Weighted Average Useful Life	10 years
Other Intangible Assets [Member] | Vanguard Software Group [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired		$ 540
Identifiable Intangible Assets, Weighted Average Useful Life		10 years
Payments [Member] | Ensenta Corporation [Member]
Business Acquisition [Line Items]
Goodwill	$ 93,414
Complementary [Member] | Vanguard Software Group [Member]
Business Acquisition [Line Items]
Goodwill		$ 6,499

Reportable Segment Informatio41

Reportable Segment Information Narrative (Details)	9 Months Ended
	Mar. 31, 2018segment
Segment Reporting [Abstract]
Number of Reportable Segments	4

Reportable Segment Informatio42

Reportable Segment Information Reconciliation of Operating Profit by Segment to Consolidated (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017
REVENUE
Services & Support	$ 244,830	$ 226,856	$ 706,879	$ 666,062
Processing	139,854	126,911	412,495	381,287
Total revenue	384,684	353,767	1,119,374	1,047,349
COST OF REVENUE	221,592	206,727	637,960	599,636
Research and Development	22,591	20,801	65,934	61,413
Selling, General and Administrative	44,185	39,794	133,532	119,795
Gain (Loss) on Disposition of Business	0	(2,286)	(1,894)	(2,250)
Total Expenses	288,368	265,036	835,532	778,594
OPERATING INCOME	96,316	88,731	283,842	268,755
INTEREST INCOME (EXPENSE)	(604)	(236)	(749)	(395)
INCOME BEFORE INCOME TAXES	95,712	88,495	283,093	268,360
Core [Member]
REVENUE
Services & Support	129,787	120,978	379,643	345,660
Processing	6,824	6,192	20,300	18,304
Total revenue	136,611	127,170	399,943	363,964
COST OF REVENUE	63,157	58,983	178,619	164,820
SEGMENT INCOME	73,454	68,187	221,324	199,144
Payments [Member]
REVENUE
Services & Support	14,950	10,805	34,950	35,688
Processing	117,624	107,588	346,787	324,179
Total revenue	132,574	118,393	381,737	359,867
COST OF REVENUE	62,783	55,802	179,100	166,615
SEGMENT INCOME	69,791	62,591	202,637	193,252
Complementary [Member]
REVENUE
Services & Support	89,151	81,076	252,746	240,487
Processing	15,355	13,122	45,338	38,720
Total revenue	104,506	94,198	298,084	279,207
COST OF REVENUE	42,837	39,488	124,693	117,290
SEGMENT INCOME	61,669	54,710	173,391	161,917
Corporate and Other [Member]
REVENUE
Services & Support	10,942	13,997	39,540	44,227
Processing	51	9	70	84
Total revenue	10,993	14,006	39,610	44,311
COST OF REVENUE	52,815	52,454	155,548	150,911
SEGMENT INCOME	$ (41,822)	$ (38,448)	$ (115,938)	$ (106,600)

Subsequent Events Subsequent 43

Subsequent Events Subsequent Events (Details) - $ / shares	May 04, 2018	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017
Subsequent Event [Line Items]
Dividends declared per share		$ 0.37	$ 0.31	$ 0.99	$ 0.87
Subsequent Event [Member]
Subsequent Event [Line Items]
Dividends Payable, Date Declared	May 4, 2018
Dividends declared per share	$ 0.37
Dividends Payable, Date to be Paid	Jun. 7, 2018
Dividends Payable, Date of Record	May 23, 2018