Jack Henry & Associates (JKHY) 10-Q 8 Nov 19 2020 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Sep. 30, 2019	Oct. 28, 2019
Cover page.
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Amendment Flag	false
Document Period End Date	Sep. 30, 2019
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--06-30
Entity Registrant Name	HENRY JACK & ASSOCIATES INC
Entity Central Index Key	0000779152
Entity File Number	0-14112
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	43-1128385
Entity Address, Address Line One	663 Highway 60, P.O. Box 807
Entity Address, City or Town	Monett
Entity Address, State or Province	MO
Entity Address, Postal Zip Code	65708
City Area Code	417
Local Phone Number	235-6652
Title of 12(b) Security	Common Stock ($0.01 par value)
Trading Symbol	JKHY
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		76,936,904

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
CURRENT ASSETS:
Cash and cash equivalents	$ 96,679	$ 93,628
Receivables, net	234,362	310,080
Income tax receivable	0	17,817
Prepaid expenses and other	102,189	106,466
Deferred costs	44,347	35,102
Assets held for sale	6,546	6,355
Total current assets	484,123	569,448
PROPERTY AND EQUIPMENT, net	274,531	272,474
OTHER ASSETS:
Non-current deferred costs	96,813	90,084
Computer software, net of amortization	331,470	318,969
Other non-current assets	212,253	134,743
Other intangible assets, net of amortization	34,056	31,514
Goodwill	686,030	666,944
Total other assets	1,467,324	1,342,907
Total assets	2,225,978	2,184,829
CURRENT LIABILITIES:
Accounts payable	13,621	9,850
Accrued expenses	106,752	120,360
Accrued income taxes	5,874	0
Deferred revenues	266,831	339,752
Total current liabilities	393,078	469,962
LONG TERM LIABILITIES:
Non-current deferred revenues	58,723	54,554
Non-current deferred income tax liability	221,962	217,010
Other long-term liabilities	75,555	14,290
Total long term liabilities	356,240	285,854
Total liabilities	749,318	755,816
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; 103,535,828 shares issued at September 30, 2019; 103,496,026 shares issued at June 30, 2019	1,035	1,035
Additional paid-in capital	475,222	472,029
Retained earnings	2,124,672	2,066,073
Less treasury stock at cost; 26,607,603 shares at September 30, 2019; 26,507,903 shares at June 30, 2019	(1,124,269)	(1,110,124)
Total stockholders' equity	1,476,660	1,429,013
Total liabilities and equity	2,225,978	2,184,829
Customer Relationships [Member]
OTHER ASSETS:
Customer relationships, net of amortization	$ 106,702	$ 100,653

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS PARENTHETICAL - $ / shares	Sep. 30, 2019	Jun. 30, 2019
Statement of Financial Position [Abstract]
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	103,535,828	103,496,026
Treasury Stock, Shares	26,608,000	26,508,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Income Statement [Abstract]
REVENUE	$ 438,005	$ 392,543
EXPENSES
Cost of Revenue	245,791	220,112
Research and Development	24,591	24,026
Selling, General and Administrative	49,436	45,183
Total Expenses	319,818	289,321
OPERATING INCOME	118,187	103,222
INTEREST INCOME (EXPENSE)
Interest income	508	291
Interest expense	(156)	(147)
Total Interest Income (Expense)	352	144
INCOME BEFORE INCOME TAXES	118,539	103,366
PROVISION/ (BENEFIT) FOR INCOME TAXES	29,169	19,815
NET INCOME	$ 89,370	$ 83,551
Earnings Per Share
Basic earnings per share	$ 1.16	$ 1.08
Basic weighted average shares outstanding	76,972	77,188
Diluted earnings per share	$ 1.16	$ 1.08
Diluted weighted average shares outstanding	77,067	77,537

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY Statement - USD ($) $ in Thousands	Total	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]
Balance, beginning of period (value) at Jun. 30, 2018			$ 1,033	$ 464,138	$ 1,912,933	$ (1,055,260)
Shares, beginning of period at Jun. 30, 2018			103,278,562
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued for equity-based payment arrangements (value)			$ (1)	(1)
Shares issued for equity-based payment arrangements (shares)			102,094
Tax withholding related to share-based compensation				(13,256)
Shares issued for Employee Stock Purchase Plan (value)				2,217
Shares issued for Employee Stock Purchase Plan (shares)			17,845
Stock-based compensation expense				1,771
Net Income	$ 83,551				83,551
Dividends (value)					(28,563)
Purchase of treasury shares						0
Balance, end of period (value) at Sep. 30, 2018	$ 1,368,564		$ 1,034	454,869	1,967,921	(1,055,260)
Shares, end of period at Sep. 30, 2018			103,398,501
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared per share	$ 0.37
Preferred Shares		0
Balance, beginning of period (value) at Jun. 30, 2019	$ 1,429,013		$ 1,035	472,030	2,066,073	(1,110,124)
Shares, beginning of period at Jun. 30, 2019			103,496,026
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued for equity-based payment arrangements (value)			$ 0	(1)
Shares issued for equity-based payment arrangements (shares)			19,888
Tax withholding related to share-based compensation				(2,072)
Shares issued for Employee Stock Purchase Plan (value)				2,412
Shares issued for Employee Stock Purchase Plan (shares)			19,914
Stock-based compensation expense				2,853
Net Income	89,370				89,370
Dividends (value)					(30,771)
Purchase of treasury shares						(14,145)
Balance, end of period (value) at Sep. 30, 2019	$ 1,476,660		$ 1,035	$ 475,222	$ 2,124,672	$ (1,124,269)
Shares, end of period at Sep. 30, 2019			103,535,828
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared per share	$ 0.40
Preferred Shares		0

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income	$ 89,370	$ 83,551
Adjustments to reconcile net income to net cash from operating activities:
Depreciation	12,708	10,903
Amortization	29,380	27,827
Change in deferred income taxes	2,359	730
Expense for stock-based compensation	2,853	1,771
(Gain)/ loss on disposal of assets and businesses	(8)	(30)
Changes in operating assets and liabilities:
Change in receivables	77,123	98,708
Change in prepaid expenses, deferred costs and other	(13,486)	(33,076)
Change in accounts payable	1,865	(5,782)
Change in accrued expenses	(35,270)	(4,278)
Change in income taxes	25,081	18,501
Change in deferred revenues	(68,939)	(52,151)
Net cash from operating activities	123,052	146,734
CASH FLOWS FROM INVESTING ACTIVITIES:
Payment for acquisitions, net of cash acquired	(30,285)	0
Capital expenditures	(13,101)	(24,001)
Proceeds from sale of assets	10	33
Purchased software	(2,424)	(1,626)
Computer software developed	(28,475)	(26,669)
Purchase of investments	1,150	0
Net cash from investing activities	(75,425)	(52,263)
CASH FLOWS FROM FINANCING ACTIVITIES:
Purchase of treasury stock	(14,145)	0
Dividends paid	(30,771)	0
Proceeds from issuance of common stock upon exercise of stock options	0	1
Tax withholding payments related to share based compensation	(2,072)	(13,257)
Proceeds from sale of common stock	2,412	2,217
Net cash from financing activities	(44,576)	(11,039)
NET CHANGE IN CASH AND CASH EQUIVALENTS	3,051	83,432
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	93,628	31,440
CASH AND CASH EQUIVALENTS, END OF PERIOD	$ 96,679	$ 114,872

Nature of Operations and Summar

Nature of Operations and Summary of Significant Accounting Policies (Text Block)	3 Months Ended
	Sep. 30, 2019
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 months ended September 30, 2019 and 2018 equals the Company’s net income. Property and Equipment Property and equipment is recorded at cost and depreciated using the straight-line method over the estimated useful lives of the assets. Accumulated depreciation at September 30, 2019 totaled $384,896 and at June 30, 2019 totaled $388,481 . 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 $736,825 and $707,518 at September 30, 2019 and June 30, 2019 , respectively. Purchase of Investments During fiscal 2018, the Company made an investment of $5,000 for the purchase of preferred stock of Automated Bookkeeping, Inc ("Autobooks"). During the first quarter of fiscal 2020 , the Company made an additional investment in Autobooks of $1,000 , for a total investment at September 30, 2019 of $6,000 , representing a non-controlling share of the voting equity as of that date. The total investment was recorded at cost and is included within other non-current assets on the Company's balance sheet. The fair value of the investment has not been estimated, as estimation is not practicable. There have been no events or changes in circumstances that would indicate an impairment and no price changes resulting from observing a similar or identical investment. An impairment and/or an observable price change would be an adjustment to recorded cost. Fair value will not be estimated unless there are identified events or changes in circumstances that may have a significant adverse effect on the fair value of the investment. During the first quarter of fiscal 2020 , the Company invested $150 for interests in a renewable energy investment tax credit fund. The investment is included within other non-current assets on the Company's balance sheet. At September 30, 2019 , the Company had commitments to invest an additional $14,850 for interests in the renewable energy investment tax credit fund that it expects to fund during the remainder of fiscal 2020 . 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 September 30, 2019 , there were 26,608 shares in treasury stock and the Company had the remaining authority to repurchase up to 3,383 additional shares. The total cost of treasury shares at September 30, 2019 is $1,124,269 . During the first three months of fiscal 2020 , the Company repurchased 100 treasury shares. At June 30, 2019 , there were 26,508 shares in treasury stock and the Company had authority to repurchase up to 3,483 additional shares. Income Taxes Deferred tax liabilities and assets are recognized for the tax effects of differences between the financial statement and tax basis of assets and liabilities. A valuation allowance would be established to reduce deferred tax assets if it is more likely than not that a deferred tax asset will not be realized. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based upon the technical merits of the position. The tax benefit recognized in the financial statements from such a position is measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. Also, interest and penalties expense are recognized on the full amount of deferred benefits for uncertain tax positions. The Company's policy is to include interest and penalties related to unrecognized tax benefits in income tax expense. 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 ("U.S. GAAP") 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, 2019 . 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, 2019 , with updates to certain policies included in this Note 1. 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 in all material respects the financial position of the Company as of September 30, 2019 , the results of its operations for the three months ended September 30, 2019 and 2018 , changes in stockholders' equity for the three months ended September 30, 2019 and 2018 , and its cash flows for the three months ended September 30, 2019 and 2018 . The condensed consolidated balance sheet at June 30, 2019 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 months ended September 30, 2019 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)	3 Months Ended
	Sep. 30, 2019
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recently Adopted Accounting Guidance [Text Block]	Recently Adopted Accounting Guidance The FASB issued Accounting Standards Update (ASU) No. 2016-02, Leases, in February 2016. This ASU aims to increase transparency and comparability among organizations by recognizing lease assets and liabilities on the balance sheet and requiring disclosure of key information regarding leasing arrangements to enable users of financial statements to assess the amount, timing, and uncertainty of cash flows arising from leases. Specifically, the standard requires operating lease commitments to be recorded on the balance sheet as operating lease liabilities and right-of-use assets, and the cost of those operating leases to be amortized on a straight-line basis. The Company adopted the new standard effective July 1, 2019 using the optional transition method in ASU 2018-11. Under this method, the Company did not adjust its comparative period financial statements for the effects of the new standard or make the new, expanded required disclosures for periods prior to the effective date. The Company elected the package of practical expedients permitted under the new standard, which among other things, allows it to carry forward its historical lease classifications. In addition, the Company has made a policy election to keep leases with an initial term of twelve months or less off of the balance sheet. The Company also elected the practical expedient to not separate the non-lease components of a contract from the lease component to which they relate. The adoption of standard resulted in the recognition of lease liabilities of $77,393 and right-to-use assets of $74,084 as of July 1, 2019. Adoption of the standard did not have a material impact on the Company’s condensed consolidated statements of income or condensed consolidated statements of cash flows.
Not Yet Adopted [Text Block]	Not Yet Adopted In August of 2018, the FASB issued ASU No. 2018-15, Intangibles, Goodwill and Other - Internal-Use Software (Subtopic 350-40), which broadens the scope of Subtopic 350-40 to include costs incurred to implement a hosting arrangement that is a service contract. The costs are capitalized or expensed depending on the nature of the costs and the project stage during which they are incurred, consistent with costs for internal-use software. The amendments in this update can be applied either retrospectively or prospectively to all implementation costs incurred after the date of adoption. The ASU will be effective for the Company on July 1, 2020, with early adoption permitted. The Company plans to early adopt ASU No. 2018-15 on January 1, 2020 and does not expect the adoption to have a material impact on its consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment (“ASU 2017-04”), which eliminates Step 2 of the goodwill impairment test that had required a hypothetical purchase price allocation. Rather, entities should apply the same impairment assessment to all reporting units and recognize an impairment loss for the amount by which a reporting unit’s carrying amount exceeds its fair value, without exceeding the total amount of goodwill allocated to that reporting unit. Entities will continue to have the option to perform a qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. ASU 2017-04 will be effective prospectively for annual or interim goodwill impairment tests in fiscal years beginning after December 15, 2019, with early adoption permitted. The Company plans to adopt ASU No. 2017-04 when required and does not expect the adoption to have a material impact on its consolidated financial statements. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which requires financial assets measured at amortized cost basis to be presented at the net amount expected to be collected, with an allowance for credit losses valuation account that is deducted to present the net carrying value at the amount expected to be collected. The amendments in this update are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years, with early adoption permitted. The Company plans to adopt ASU No. 2016-13 when required and is evaluating the impact on its consolidated financial statements.

Revenue and Deferred Costs Reve

Revenue and Deferred Costs Revenue and Deferred Costs (Notes)	3 Months Ended
	Sep. 30, 2019
Revenue from Contract with Customer [Abstract]
Revenue and Deferred Costs [Text Block]	REVENUE AND DEFERRED COSTS Revenue Recognition The Company generates revenue from data processing, transaction processing, software licensing and related services, professional services, and hardware sales. Disaggregation of Revenue The tables below present the Company's revenue disaggregated by type of revenue. Refer to Note 11, Reportable Segment Information, for disaggregated revenue by type and reportable segment. The majority of the Company’s revenue is earned domestically, with revenue from customers outside the United States comprising less than 1% of total revenue. Three Months Ended September 30, 2019 2018 Processing $ 159,197 $ 145,975 Outsourcing & Cloud 108,583 97,359 Product Delivery & Services 71,361 57,964 In-House Support 98,864 91,245 Services & Support 278,808 246,568 Total Revenue $ 438,005 $ 392,543 Contract Balances The following table provides information about contract assets and contract liabilities from contracts with customers. September 30, June 30, Receivables, net $ 234,362 $ 310,080 Contract Assets- Current 21,233 21,446 Contract Assets- Non-current 54,330 50,640 Contract Liabilities (Deferred Revenue)- Current 266,831 339,752 Contract Liabilities (Deferred Revenue)- Non-current $ 58,723 $ 54,554 Contract assets primarily result from revenue being recognized when or as control of a solution or service is transferred to the customer, but where invoicing is contingent upon the completion of other performance obligations or payment terms differ from the provisioning of services. The current portion of contract assets is reported within prepaid expenses and other in the condensed consolidated balance sheet, and the non-current portion is included in other non-current assets. Contract Liabilities (deferred revenue) primarily relate to consideration received from customers in advance of delivery of the related goods and services to the customer. Contract balances are reported in a net contract asset or liability position on a contract-by-contract basis at the end of each reporting period. The Company analyzes contract language to identify if a significant financing component does exist, and would adjust the transaction price for any material effects of the time value of money if the timing of payments provides either party to the contract with a significant benefit of financing the transaction. During the three months ended September 30, 2019 and 2018 , the Company recognized revenue of $94,054 and $88,121 , respectively, that was included in the corresponding deferred revenue balance at the beginning of the periods. Amounts recognized that relate to performance obligations satisfied (or partially satisfied) in prior periods were immaterial for each period presented. These adjustments are primarily the result of transaction price re-allocations due to changes in estimates of variable consideration. Transaction Price Allocated to Remaining Performance Obligations As of September 30, 2019 , estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) at the end of the reporting period totaled $3,691,321 . The Company expects to recognize approximately 28% over the next 12 months , 19% in 13 - 24 months, and the balance thereafter. Contract Costs The Company incurs incremental costs to obtain a contract as well as costs to fulfill contracts with customers that are expected to be recovered. These costs consist primarily of sales commissions, which are incurred only if a contract is obtained, and customer conversion or implementation-related costs. Capitalized costs are amortized based on the transfer of goods or services to which the asset relates, in line with the percentage of revenue recognized for each performance obligation to which the costs are allocated. Capitalized costs totaled $246,387 and $231,273 , at September 30, 2019 and June 30, 2019 , respectively. For the three months ended September 30, 2019 and 2018 , amortization of deferred contract costs was $31,393 and $26,821 , respectively. There were no impairment losses in relation to capitalized costs for the periods presented.

Fair Value of Financial Instrum

Fair Value of Financial Instruments Fair Value of Financial Instruments (Text Block)	3 Months Ended
	Sep. 30, 2019
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 September 30, 2019 Financial Assets: Money market funds $ 87,308 $ — $ — $ 87,308 June 30, 2019 Financial Assets: Money market funds $ 81,945 $ — $ — $ 81,945 Non-Recurring Fair Value Measurements September 30, 2019 Long-lived assets held for sale $ — $ 1,300 $ — $ 1,300 June 30, 2019 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 2020.

Leases Leases (Notes)

Leases Leases (Notes)	3 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Lessee, Operating Leases [Text Block]	LEASES The Company adopted ASU 2016-02 and its related amendments (collectively known as “ASC 842”) on July 1, 2019 using the optional transition method in ASU 2018-11. Therefore, the reported results for the three months ended September 30, 2019 reflect the application of ASC 842 while the reported results for the three months ended September 30, 2018 were not adjusted and continue to be reported under the accounting guidance, ASC 840, Leases (“ASC 840”), in effect for the prior period. The Company determines if an arrangement is a lease at inception. The lease term begins on the commencement date, which is the date the Company takes possession of the property, and may include options to extend or terminate the lease when it is reasonably certain that the option will be exercised. The lease term is used to determine lease classification as an operating or finance lease and is used to calculate straight-line expense for operating leases. The Company elected the package of practical expedients permitted under the transition guidance within ASU 2016-02 to not reassess prior conclusions related to contracts containing leases, lease classification and initial direct costs. Right-of-use (“ROU”) assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. As a practical expedient, lease agreements with lease and non-lease components are accounted for as a single lease component for all asset classes, which are comprised of real estate leases and equipment leases. ROU assets and lease liabilities are recognized at commencement date based upon the present value of lease payments over the lease term. ROU assets also include prepaid lease payments and exclude lease incentives received. The Company estimates contingent lease incentives when it is probable that the Company is entitled to the incentive at lease commencement. Since the Company’s leases do not typically provide an implicit rate, the Company uses its incremental borrowing rate based upon the information available at commencement date for both real estate and equipment leases. The determination of the incremental borrowing rate requires judgment. The Company determines the incremental borrowing rate using the Company’s current unsecured borrowing rate, adjusted for various factors such as collateralization and term to align with the terms of the lease. The Company elected the short-term lease recognition exemption for all leases that qualify. Therefore, leases with an initial term of 12 months or less are not recorded on the balance sheet; instead, lease payments are recognized as lease expense on a straight-line basis over the lease term. The Company leases certain office space, data centers and equipment. The Company’s leases have remaining terms of 1 to 11 years. Certain leases contain renewal options for varying periods, which are at the Company’s sole discretion. For leases where the Company is reasonably certain to exercise a renewal option, such option periods have been included in the determination of the Company’s ROU assets and lease liabilities. Certain leases require the Company to pay taxes, insurance, maintenance, and other operating expenses associated with the leased asset. Such amounts are not included in the measurement of the lease liability to the extent they are variable in nature. These variable lease costs are recognized as a variable lease expense when incurred. Certain leases include options to purchase the leased asset at the end of the lease term, which is assessed as a part of the Company’s lease classification determination. The depreciable life of the ROU asset and leasehold improvements are limited by the expected lease term unless the Company is reasonably certain of a transfer of title or purchase option. At September 30, 2019 , the Company had operating lease assets of $70,976 . Total operating lease liabilities of $74,230 were comprised of current operating lease liabilities of $12,042 and noncurrent operating lease liabilities of $62,188 . Operating lease assets are included within other non-current assets and operating lease liabilities are included with accrued expenses (current portion) and other long-term liabilities (noncurrent portion) in the Company’s condensed consolidated balance sheet. Operating lease assets were recorded net of accumulated amortization of $3,436 as of September 30, 2019 . Operating lease costs for the three months ended September 30, 2019 were $4,007 and included approximately $879 of variable lease costs. Operating lease expense is included within cost of services, research and development and selling, general & administrative expense, dependent upon the nature and use of the ROU asset, in the Company’s condensed consolidated statement of income. Operating cash flows from operating leases for the three months ended September 30, 2019 were $3,927 and right-of-use assets obtained in exchange for operating lease liabilities were $1,370 . As of September 30, 2019 , the weighted-average remaining lease term for the Company's operating leases was 84 months and the weighted-average discount rate was 2.96% . Maturity of Lease Liabilities under ASC 842 Future minimum rental payments on leases with initial non-cancellable lease terms in excess of one year were due as follows at September 30, 2019 : Due dates Future Minimum Rental Payments 2020 (remaining period) $ 10,609 2021 13,847 2022 12,442 2023 10,785 2024 8,635 Thereafter 26,608 Total lease payments $ 82,926 Less: interest (8,696 ) Present value of lease liabilities $ 74,230 Operating lease payments include $8,976 related to options to extend lease terms that are reasonably certain of being exercised. At September 30, 2019 , there were no legally binding lease payments for leases signed but not yet commenced. Maturity of Lease Liabilities under ASC 840 Future minimum rental payments on operating leases with initial non-cancellable lease terms in excess of one year were due as follows at June 30, 2019 : Due dates Future Minimum Rental Payments 2020 $ 15,559 2021 13,539 2022 11,860 2023 10,169 2024 8,835 Thereafter 11,671 Total lease payments $ 71,633 Rent expense for all operating leases was $15,196 during the year ended June 30, 2019 .

Debt (Text Block)

Debt (Text Block)	3 Months Ended
	Sep. 30, 2019
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 September 30, 2019 , the Company was in compliance with all such covenants. The revolving credit facility terminates February 20, 2020 . There was no outstanding credit facility balance at either September 30, 2019 or at June 30, 2019 . Other lines of credit The Company has an unsecured bank credit line which provides for funding of up to $5,000 and bears interest at the prime rate less 1% . The credit line was renewed in May 2019 and expires on April 30, 2021 . At September 30, 2019 , no amount was outstanding. There was also no balance outstanding at June 30, 2019 . Interest The Company paid interest of $97 and $65 during the three months ended September 30, 2019 and 2018 , respectively.

Income Taxes (Text Block)

Income Taxes (Text Block)	3 Months Ended
	Sep. 30, 2019
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	INCOME TAXES The effective tax rate was 24.6% of income before income taxes for the quarter ended September 30, 2019 , compared to 19.2% for the same quarter of the prior fiscal year. The increase to the Company's tax rate was primarily due to the difference in impact of stock-based compensation. A significant excess tax benefit was recognized in the prior year quarter from stock-based compensation. The stock-based compensation resulted in an excess tax deficiency in the current quarter. The Company paid income taxes, net of refunds, of $1,090 in the three months ended September 30, 2019 and paid income taxes of $388 and received refunds of $679 in the three months ended September 30, 2018 . At September 30, 2019 , the Company had $11,596 of gross unrecognized tax benefits, $10,815 of which, if recognized, would affect our effective tax rate. We had accrued interest and penalties of $1,771 and $1,413 related to uncertain tax positions at September 30, 2019 and 2018 , respectively. The U.S. federal and state income tax returns for fiscal 2016 and all subsequent years remain subject to examination as of September 30, 2019 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 $3,000 - $4,000 within twelve months of September 30, 2019 .

Stock Based Compensation (Text

Stock Based Compensation (Text Block)	3 Months Ended
	Sep. 30, 2019
Share-based Payment Arrangement [Abstract]
Share-based Payment Arrangement [Text Block]	STOCK-BASED COMPENSATION Our operating income for the three months ended September 30, 2019 and 2018 included $2,853 and $1,771 of stock-based compensation costs, 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, 2019 32 $ 87.27 Granted — — Forfeited — — Exercised — — Outstanding September 30, 2019 32 $ 87.27 $ 1,860 Vested and Expected to Vest September 30, 2019 32 $ 87.27 $ 1,860 Exercisable September 30, 2019 32 $ 87.27 $ 1,860 At September 30, 2019 , there was no compensation cost yet to be recognized related to outstanding options. For options currently exercisable, the weighted average remaining contractual term (remaining period of exercisability) as of September 30, 2019 was 6.75 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 September 30, 2019 , as well as activity for the three months then ended: Share awards Shares Weighted Average Grant Date Fair Value Outstanding July 1, 2019 6 $ 87.27 Granted — — Vested (6 ) 87.27 Forfeited — — Outstanding September 30, 2019 — $ — At September 30, 2019 , there was no compensation expense yet to be recognized related to non-vested restricted stock share awards. The following table summarizes non-vested restricted stock unit awards as of September 30, 2019 , as well as activity for the three months then ended: Unit awards Units Weighted Average Grant Date Fair Value Aggregate Intrinsic Value Outstanding July 1, 2019 298 $ 107.00 Granted 3 130.61 Vested (31 ) 75.34 Forfeited (51 ) 74.59 Outstanding September 30, 2019 219 $ 119.42 $ 31,910 The 3 unit awards granted in fiscal 2020 were valued at the weighted-average fair value of the non-vested unit awards based on the fair market value of the Company’s equity shares on the grant date, less the present value of expected future dividends to be declared during the vesting period, consistent with the methodology for calculating compensation expense on such awards. At September 30, 2019 , there was $10,841 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 1.17 years .

Earnings Per Share Earnings Per

Earnings Per Share Earnings Per Share (Text Block)	3 Months Ended
	Sep. 30, 2019
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 September 30, 2019 2018 Net Income $ 89,370 $ 83,551 Common share information: Weighted average shares outstanding for basic earnings per share 76,972 77,188 Dilutive effect of stock options and restricted stock 95 349 Weighted average shares outstanding for diluted earnings per share 77,067 77,537 Basic earnings per share $ 1.16 $ 1.08 Diluted earnings per share $ 1.16 $ 1.08 Per share information is based on the weighted average number of common shares outstanding for the three months ended September 30, 2019 and 2018 . Stock options and restricted stock have been included in the calculation of earnings per share to the extent they are dilutive. There were no anti-dilutive stock options or restricted stock shares excluded for the quarter ended September 30, 2019 and no anti-dilutive stock options or restricted stock shares excluded for the quarter ended September 30, 2018

Business Acquisitions (Text Blo

Business Acquisitions (Text Block)	3 Months Ended
	Sep. 30, 2019
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]
Business Acquisition Disclosure [Text Block]	BUSINESS ACQUISITIONS Geezeo On July 1, 2019 , the Company acquired all of the equity interest of Geezeo for $37,776 paid in cash. The primary reason for the acquisition was to expand the Company's digital financial management solutions and was funded by cash generated from operations. Geezeo is a Boston-based provider of retail and business digital financial management solutions. Management has completed a preliminary purchase price allocation and its assessment of the fair value of acquired assets and liabilities assumed. The recognized amounts of identifiable assets acquired and liabilities assumed, based on their fair values as of July 1, 2019 are set forth below: Current assets $ 9,018 Long-term assets 397 Identifiable intangible assets 19,114 Non-current deferred income tax liability (2,593 ) Total other liabilities assumed (7,247 ) Total identifiable net assets 18,689 Goodwill 19,087 Net assets acquired $ 37,776 The amounts shown above may change as management finalizes its assessment of the fair value of acquired assets and liabilities and continues to evaluate the income tax implications of this business combination. The goodwill of $19,087 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 Geezeo, together with the value of Geezeo assembled workforce. The goodwill from this acquisition has been allocated to our Complementary segment and is not deductible for income tax purposes. Identifiable intangible assets from this acquisition consist of customer relationships of $10,522 , computer software of $5,791 , and other intangible assets of $2,801 . The amortization period for acquired customer relationships, computer software, and other intangible assets is 15 years for each. Current assets were inclusive of cash acquired of $7,492 . The fair value of current assets acquired included accounts receivable of $1,373 , none of which were expected to be uncollectible. Costs incurred related to the acquisition of Geezeo in fiscal 2020 totaled $25 for professional services, travel, and other fees, and were expensed as incurred and reported within cost of revenue and selling, general, and administrative expense. The Company's condensed consolidated statements of income for the first quarter of fiscal 2020 included revenue of $2,392 and after-tax net income of $38 resulting from Geezeo's operations. The accompanying condensed consolidated statements of income for the three months ended September 30, 2019 and 2018 do not include any revenues and expenses related to this acquisition prior to the acquisition date. The impact of this acquisition was considered immaterial to both the current and prior periods of our condensed consolidated financial statements and pro forma financial information has not been provided. BOLTS Technologies, Inc On October 5, 2018 , the Company acquired all of the equity interest of BOLTS Technologies, Inc. for $15,046 paid in cash. The acquisition was funded by cash generated from operations. BOLTS Technologies is the developer of boltsOPEN, a next-generation digital account opening solution. Management has completed a purchase price allocation and its assessment of the fair value of acquired assets and liabilities assumed. The recognized amounts of identifiable assets acquired and liabilities assumed, based on their fair values as of October 5, 2018 are set forth below: Current assets $ 1,384 Identifiable intangible assets 2,274 Total other liabilities assumed (1,505 ) Total identifiable net assets 2,153 Goodwill 12,893 Net assets acquired $ 15,046 The amounts shown above include measurement period adjustments made during fiscal 2019 related to income taxes. The goodwill of $12,893 arising from this acquisition consists largely of the growth potential, synergies and economies of scale expected from combining the operations of the Company with those of BOLTS, together with the value of BOLTS' assembled workforce. The goodwill from this acquisition has been allocated to our Complementary segment and is not deductible for income tax purposes. Identifiable intangible assets from this acquisition consist of customer relationships of $567 , computer software of $1,409 , and other intangible assets of $298 . The weighted average amortization period for acquired customer relationships, computer software, and other intangible assets is 15 years , 10 years , and 10 years , respectively. Current assets were inclusive of cash acquired of $1,365 . The fair value of current assets acquired included accounts receivable of $14 , none of which were expected to be uncollectible. Costs incurred related to the acquisition of BOLTS in fiscal 2019 totaled $23 for legal, valuation, and other fees, and were expensed as incurred within selling, general, and administrative expense. The Company's condensed consolidated statements of income for the first quarter of fiscal 2020 included revenue of $44 and after-tax net loss of $175 resulting from BOLTS' operations. The accompanying condensed consolidated statements of income for the three months ended September 30, 2019 and 2018 do not include any revenues and expenses related to this acquisition prior to the acquisition date. The impact of this acquisition was considered immaterial to both the current and prior periods of our condensed consolidated financial statements and pro forma financial information has not been provided. Agiletics, Inc. On October 1, 2018 , the Company acquired all of the equity interest of Agiletics, Inc. for $7,649 paid in cash. The acquisition was funded by cash generated from operations. Agiletics is a provider of escrow, investment, and liquidity management solutions for banks serving commercial customers. Management has completed a purchase price allocation and its assessment of the fair value of acquired assets and liabilities assumed. The recognized amounts of identifiable assets acquired and liabilities assumed, based on their fair values as of October 1, 2018 are set forth below: Current assets $ 2,170 Identifiable intangible assets 3,090 Non-current deferred income tax liability (872 ) Total other liabilities assumed (738 ) Total identifiable net assets 3,650 Goodwill 3,999 Net assets acquired $ 7,649 The amounts shown above include measurement period adjustments made during fiscal 2019 related to income taxes. The goodwill of $3,999 arising from this acquisition consists largely of the growth potential, synergies and economies of scale expected from combining the operations of the Company with those of Agiletics. The goodwill from this acquisition has been allocated to our Core segment and is not deductible for income tax purposes. Identifiable intangible assets from this acquisition consist of customer relationships of $2,198 , computer software of $701 , and other intangible assets of $191 . The weighted average amortization period for acquired customer relationships, computer software, and other intangible assets is 15 years , 10 years , and 10 years , respectively. Current assets were inclusive of cash acquired of $1,349 . The fair value of current assets acquired included accounts receivable of $302 , none of which were expected to be uncollectible. Costs incurred related to the acquisition of Agiletics in fiscal 2019 totaled $36 for legal, valuation, and other fees, and were expensed as incurred within selling, general, and administrative expense. The Company's condensed consolidated statements of income for the first quarter of fiscal 2020 included revenue of $549 and after-tax net income of $165 resulting from Agiletics' operations. The accompanying condensed consolidated statements of income for the three months ended September 30, 2019 and 2018 do not include any revenues and expenses related to this acquisition prior to the acquisition date. The impact of this acquisition was considered immaterial to both the current and prior periods of our condensed consolidated financial statements and pro forma financial information has not been provided.

Reportable Segment Information

Reportable Segment Information (Text Block)	3 Months Ended
	Sep. 30, 2019
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. 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; ACH origination and remote deposit capture processing; 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. An immaterial adjustment was made to reclassify revenue recognized in fiscal 2019 from the Complementary to the Core Segment to be consistent with the current year's allocation of revenue by segment. For the three months ended September 30, 2019 , the amount reclassified totaled $1,603 . Three Months Ended September 30, 2019 Core Payments Complementary Corporate & Other Total REVENUE Services and Support $ 148,090 $ 17,308 $ 98,451 $ 14,959 $ 278,808 Processing 7,806 132,438 18,744 209 159,197 Total Revenue 155,896 149,746 117,195 15,168 438,005 Cost of Revenue 63,306 76,624 46,674 59,187 245,791 Research and Development 24,591 Selling, General, and Administrative 49,436 Total Expenses 319,818 SEGMENT INCOME $ 92,590 $ 73,122 $ 70,521 $ (44,019 ) OPERATING INCOME 118,187 INTEREST INCOME (EXPENSE) 352 INCOME BEFORE INCOME TAXES $ 118,539 Three Months Ended September 30, 2018 Core Payments Complementary Corporate & Other Total REVENUE Services and Support $ 131,991 $ 12,770 $ 88,460 $ 13,347 $ 246,568 Processing 7,164 121,427 17,245 139 145,975 Total Revenue 139,155 134,197 105,705 13,486 392,543 Cost of Revenue 59,216 65,707 41,830 53,359 220,112 Research and Development 24,026 Selling, General, and Administrative 45,183 Total Expenses 289,321 SEGMENT INCOME $ 79,939 $ 68,490 $ 63,875 $ (39,873 ) OPERATING INCOME 103,222 INTEREST INCOME (EXPENSE) 144 INCOME BEFORE INCOME TAXES $ 103,366 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)	3 Months Ended
	Sep. 30, 2019
Subsequent Events [Abstract]
Subsequent Events [Text Block]	SUBSEQUENT EVENTS None.

Nature of Operations and Summ_2

Nature of Operations and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Sep. 30, 2019
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	Property and equipment is recorded at cost and depreciated using the straight-line method over the estimated useful lives of the assets.
Intangible Assets	Intangible assets consist of goodwill, customer relationships, computer software, and trade names acquired in business acquisitions in addition to internally developed computer software. The amounts are amortized, with the exception of those 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 Instr_2

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

Leases Leases (Policies)

Leases Leases (Policies)	3 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Lessee, Leases [Policy Text Block]	The Company determines if an arrangement is a lease at inception. The lease term begins on the commencement date, which is the date the Company takes possession of the property, and may include options to extend or terminate the lease when it is reasonably certain that the option will be exercised. The lease term is used to determine lease classification as an operating or finance lease and is used to calculate straight-line expense for operating leases. The Company elected the package of practical expedients permitted under the transition guidance within ASU 2016-02 to not reassess prior conclusions related to contracts containing leases, lease classification and initial direct costs. Right-of-use (“ROU”) assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. As a practical expedient, lease agreements with lease and non-lease components are accounted for as a single lease component for all asset classes, which are comprised of real estate leases and equipment leases. ROU assets and lease liabilities are recognized at commencement date based upon the present value of lease payments over the lease term. ROU assets also include prepaid lease payments and exclude lease incentives received. The Company estimates contingent lease incentives when it is probable that the Company is entitled to the incentive at lease commencement. Since the Company’s leases do not typically provide an implicit rate, the Company uses its incremental borrowing rate based upon the information available at commencement date for both real estate and equipment leases. The determination of the incremental borrowing rate requires judgment. The Company determines the incremental borrowing rate using the Company’s current unsecured borrowing rate, adjusted for various factors such as collateralization and term to align with the terms of the lease. The Company elected the short-term lease recognition exemption for all leases that qualify. Therefore, leases with an initial term of 12 months or less are not recorded on the balance sheet; instead, lease payments are recognized as lease expense on a straight-line basis over the lease term. The Company leases certain office space, data centers and equipment. The Company’s leases have remaining terms of 1 to 11 years. Certain leases contain renewal options for varying periods, which are at the Company’s sole discretion. For leases where the Company is reasonably certain to exercise a renewal option, such option periods have been included in the determination of the Company’s ROU assets and lease liabilities. Certain leases require the Company to pay taxes, insurance, maintenance, and other operating expenses associated with the leased asset. Such amounts are not included in the measurement of the lease liability to the extent they are variable in nature. These variable lease costs are recognized as a variable lease expense when incurred. Certain leases include options to purchase the leased asset at the end of the lease term, which is assessed as a part of the Company’s lease classification determination. The depreciable life of the ROU asset and leasehold improvements are limited by the expected lease term unless the Company is reasonably certain of a transfer of title or purchase option.

Revenue and Deferred Costs Re_2

Revenue and Deferred Costs Revenue and Deferred Costs (Tables)	3 Months Ended
	Sep. 30, 2019
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue [Table Text Block]	Disaggregation of Revenue The tables below present the Company's revenue disaggregated by type of revenue. Refer to Note 11, Reportable Segment Information, for disaggregated revenue by type and reportable segment. The majority of the Company’s revenue is earned domestically, with revenue from customers outside the United States comprising less than 1% of total revenue. Three Months Ended September 30, 2019 2018 Processing $ 159,197 $ 145,975 Outsourcing & Cloud 108,583 97,359 Product Delivery & Services 71,361 57,964 In-House Support 98,864 91,245 Services & Support 278,808 246,568 Total Revenue $ 438,005 $ 392,543
Contract with Customer, Asset and Liability [Table Text Block]	Contract Balances The following table provides information about contract assets and contract liabilities from contracts with customers. September 30, June 30, Receivables, net $ 234,362 $ 310,080 Contract Assets- Current 21,233 21,446 Contract Assets- Non-current 54,330 50,640 Contract Liabilities (Deferred Revenue)- Current 266,831 339,752 Contract Liabilities (Deferred Revenue)- Non-current $ 58,723 $ 54,554

Fair Value of Financial Instr_3

Fair Value of Financial Instruments Fair Value of Financial Instruments (Tables)	3 Months Ended
	Sep. 30, 2019
Fair Value Disclosures [Abstract]
Recurring Fair Value Measurements[Table Text Block]	Fair value of financial assets, included in cash and cash equivalents, and financial liabilities is as follows: Estimated Fair Value Measurements Total Fair Level 1 Level 2 Level 3 Value September 30, 2019 Financial Assets: Money market funds $ 87,308 $ — $ — $ 87,308 June 30, 2019 Financial Assets: Money market funds $ 81,945 $ — $ — $ 81,945
Non-Recurring Fair Value Measurements [Table Text Block]	Non-Recurring Fair Value Measurements September 30, 2019 Long-lived assets held for sale $ — $ 1,300 $ — $ 1,300 June 30, 2019 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 2020.

Leases Leases (Tables)

Leases Leases (Tables)	3 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Maturity of Lease Liabilities Under ASC 842 [Table Text Block]	Maturity of Lease Liabilities under ASC 842 Future minimum rental payments on leases with initial non-cancellable lease terms in excess of one year were due as follows at September 30, 2019 : Due dates Future Minimum Rental Payments 2020 (remaining period) $ 10,609 2021 13,847 2022 12,442 2023 10,785 2024 8,635 Thereafter 26,608 Total lease payments $ 82,926 Less: interest (8,696 ) Present value of lease liabilities $ 74,230 Operating lease payments include $8,976 related to options to extend lease terms that are reasonably certain of being exercised. At September 30, 2019 , there were no legally binding lease payments for leases signed but not yet commenced.
Maturity of Lease Liabilities Under ASC 840 [Table Text Block]	Future minimum rental payments on operating leases with initial non-cancellable lease terms in excess of one year were due as follows at June 30, 2019 : Due dates Future Minimum Rental Payments 2020 $ 15,559 2021 13,539 2022 11,860 2023 10,169 2024 8,835 Thereafter 11,671 Total lease payments $ 71,633 Rent expense for all operating leases was $15,196 during the year ended June 30, 2019 .

Stock Based Compensation (Table

Stock Based Compensation (Tables)	3 Months Ended
	Sep. 30, 2019
Share-based Payment Arrangement [Abstract]
Share-based Payment Arrangement, Option, 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, 2019 32 $ 87.27 Granted — — Forfeited — — Exercised — — Outstanding September 30, 2019 32 $ 87.27 $ 1,860 Vested and Expected to Vest September 30, 2019 32 $ 87.27 $ 1,860 Exercisable September 30, 2019 32 $ 87.27 $ 1,860
Schedule of Nonvested Restricted Stock Activity [Table Text Block]	The following table summarizes non-vested share awards as of September 30, 2019 , as well as activity for the three months then ended: Share awards Shares Weighted Average Grant Date Fair Value Outstanding July 1, 2019 6 $ 87.27 Granted — — Vested (6 ) 87.27 Forfeited — — Outstanding September 30, 2019 — $ —
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	The following table summarizes non-vested restricted stock unit awards as of September 30, 2019 , as well as activity for the three months then ended: Unit awards Units Weighted Average Grant Date Fair Value Aggregate Intrinsic Value Outstanding July 1, 2019 298 $ 107.00 Granted 3 130.61 Vested (31 ) 75.34 Forfeited (51 ) 74.59 Outstanding September 30, 2019 219 $ 119.42 $ 31,910

Earnings Per Share Earnings P_2

Earnings Per Share Earnings Per Share (Tables)	3 Months Ended
	Sep. 30, 2019
Earnings Per Share, Basic and Diluted [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	The following table reflects the reconciliation between basic and diluted earnings per share. Three Months Ended September 30, 2019 2018 Net Income $ 89,370 $ 83,551 Common share information: Weighted average shares outstanding for basic earnings per share 76,972 77,188 Dilutive effect of stock options and restricted stock 95 349 Weighted average shares outstanding for diluted earnings per share 77,067 77,537 Basic earnings per share $ 1.16 $ 1.08 Diluted earnings per share $ 1.16 $ 1.08

Business Acquisitions (Tables)

Business Acquisitions (Tables)	3 Months Ended
	Sep. 30, 2019
Geezeo [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 and its assessment of the fair value of acquired assets and liabilities assumed. The recognized amounts of identifiable assets acquired and liabilities assumed, based on their fair values as of July 1, 2019 are set forth below: Current assets $ 9,018 Long-term assets 397 Identifiable intangible assets 19,114 Non-current deferred income tax liability (2,593 ) Total other liabilities assumed (7,247 ) Total identifiable net assets 18,689 Goodwill 19,087 Net assets acquired $ 37,776 The amounts shown above may change as management finalizes its assessment of the fair value of acquired assets and liabilities and continues to evaluate the income tax implications of this business combination.
BOLTS Technologies, Inc. [Member]
Business Acquisition [Line Items]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Management has completed a purchase price allocation and its assessment of the fair value of acquired assets and liabilities assumed. The recognized amounts of identifiable assets acquired and liabilities assumed, based on their fair values as of October 5, 2018 are set forth below: Current assets $ 1,384 Identifiable intangible assets 2,274 Total other liabilities assumed (1,505 ) Total identifiable net assets 2,153 Goodwill 12,893 Net assets acquired $ 15,046 The amounts shown above include measurement period adjustments made during fiscal 2019 related to income taxes.
Agiletics, Inc. [Member]
Business Acquisition [Line Items]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Management has completed a purchase price allocation and its assessment of the fair value of acquired assets and liabilities assumed. The recognized amounts of identifiable assets acquired and liabilities assumed, based on their fair values as of October 1, 2018 are set forth below: Current assets $ 2,170 Identifiable intangible assets 3,090 Non-current deferred income tax liability (872 ) Total other liabilities assumed (738 ) Total identifiable net assets 3,650 Goodwill 3,999 Net assets acquired $ 7,649 The amounts shown above include measurement period adjustments made during fiscal 2019 related to income taxes.

Reportable Segment Informatio_2

Reportable Segment Information (Tables)	3 Months Ended
	Sep. 30, 2019
Segment Reporting [Abstract]
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Three Months Ended September 30, 2019 Core Payments Complementary Corporate & Other Total REVENUE Services and Support $ 148,090 $ 17,308 $ 98,451 $ 14,959 $ 278,808 Processing 7,806 132,438 18,744 209 159,197 Total Revenue 155,896 149,746 117,195 15,168 438,005 Cost of Revenue 63,306 76,624 46,674 59,187 245,791 Research and Development 24,591 Selling, General, and Administrative 49,436 Total Expenses 319,818 SEGMENT INCOME $ 92,590 $ 73,122 $ 70,521 $ (44,019 ) OPERATING INCOME 118,187 INTEREST INCOME (EXPENSE) 352 INCOME BEFORE INCOME TAXES $ 118,539 Three Months Ended September 30, 2018 Core Payments Complementary Corporate & Other Total REVENUE Services and Support $ 131,991 $ 12,770 $ 88,460 $ 13,347 $ 246,568 Processing 7,164 121,427 17,245 139 145,975 Total Revenue 139,155 134,197 105,705 13,486 392,543 Cost of Revenue 59,216 65,707 41,830 53,359 220,112 Research and Development 24,026 Selling, General, and Administrative 45,183 Total Expenses 289,321 SEGMENT INCOME $ 79,939 $ 68,490 $ 63,875 $ (39,873 ) OPERATING INCOME 103,222 INTEREST INCOME (EXPENSE) 144 INCOME BEFORE INCOME TAXES $ 103,366

Nature of Operations and Summ_3

Nature of Operations and Summary of Significant Accounting Policies Property and Equipment (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Property, Plant and Equipment [Abstract]
Accumulated Depreciation, Property and Equipment	$ 384,896	$ 388,481

Nature of Operations and Summ_4

Nature of Operations and Summary of Significant Accounting Policies Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Jun. 30, 2019
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	$ 736,825	$ 707,518
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 Summ_5

Nature of Operations and Summary of Significant Accounting Policies Purchase of Investments (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Jun. 30, 2018
Purchase of investments	$ 1,150	$ 0
Automated Bookkeeping, Inc. [Member] | Preferred Stock [Member]
Cost Method Investments, Original Cost	6,000		$ 5,000
Purchase of investments	1,000
Renewable Energy Tax Credit Fund [Member]
Purchase of investments	150
Other Commitment	$ 14,850

Nature of Operations and Summ_6

Nature of Operations and Summary of Significant Accounting Policies Treasury Stock (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Jun. 30, 2019
Class of Stock Disclosures [Abstract]
Treasury Stock, Shares	26,608,000	26,508,000
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased	3,383,000	3,483,000
Treasury Stock, Value	$ 1,124,269	$ 1,110,124
Treasury Stock, Shares, Acquired	100,000

Recent Accounting Pronounceme_2

Recent Accounting Pronouncements Recently Adopted Accounting Guidance (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jul. 01, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating Lease Liability	$ 74,230
Operating Lease, Right-of-Use Asset	$ 70,976
Accounting Standards Update 2016-02 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating Lease Liability		$ 77,393
Operating Lease, Right-of-Use Asset		$ 74,084

Revenue and Deferred Costs Disa

Revenue and Deferred Costs Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Disaggregation of Revenue [Line Items]
Revenue	$ 438,005	$ 392,543
Processing [Member]
Disaggregation of Revenue [Line Items]
Revenue	159,197	145,975
Outsourcing & Cloud [Member]
Disaggregation of Revenue [Line Items]
Revenue	108,583	97,359
Product Delivery & Service [Member]
Disaggregation of Revenue [Line Items]
Revenue	71,361	57,964
In-House Support [Member]
Disaggregation of Revenue [Line Items]
Revenue	98,864	91,245
Services & Support [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 278,808	$ 246,568

Revenue and Deferred Costs Cont

Revenue and Deferred Costs Contract Balances (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Revenue from Contract with Customer [Abstract]
Receivables, net	$ 234,362	$ 310,080
Contract Assets- Current	21,233	21,446
Contract Asset- Non-current	54,330	50,640
Contract Liabilities (Deferred Revenue)- Current	266,831	339,752
Contract Liabilities (Deferred Revenue)- Non- current	$ 58,723	$ 54,554

Revenue and Deferred Costs Re_3

Revenue and Deferred Costs Revenue Recognition Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Revenue from Contract with Customer [Abstract]
Contract with Customer, Liability, Revenue Recognized	$ 94,054	$ 88,121
Revenue, Remaining Performance Obligation, Amount	$ 3,691,321
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Percentage	28.00%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Percentage	19.00%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	12 months

Revenue and Deferred Costs Co_2

Revenue and Deferred Costs Contract Costs (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Jun. 30, 2019
Revenue from Contract with Customer [Abstract]
Capitalized Contract Cost, Net	$ 246,387		$ 231,273
Capitalized Contract Cost, Amortization	$ 31,393	$ 26,821

Fair Value of Financial Instr_4

Fair Value of Financial Instruments Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Sep. 30, 2019	Jun. 30, 2019
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, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets held-for-sale		$ 1,300	$ 1,300
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets held-for-sale		0	0
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets held-for-sale		1,300	1,300
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets held-for-sale		0	0
Money Market Funds [Member] | Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure		87,308	81,945
Money Market Funds [Member] | Fair Value, 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		87,308	81,945
Money Market Funds [Member] | Fair Value, 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, 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

Leases Leases (Details)

Leases Leases (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2019	Jun. 30, 2019
Operating Leases, Rent Expense		$ 15,196
Operating Lease, Right-of-Use Asset	$ 70,976
Operating Lease Liability	74,230
Operating Lease, Liability, Current	12,042
Operating Lease, Liability, Noncurrent	62,188
Accumulated Amortization Operating Lease Right-of-use asset	3,436
Operating Lease, Cost	4,007
Variable Lease, Cost	879
Operating Lease, Payments	3,927
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 1,370
Operating Lease, Weighted Average Remaining Lease Term	84 months
Operating Lease, Weighted Average Discount Rate, Percent	2.96%
Minimum [Member]
Lessee, Operating Lease, Term of Contract	1 year
Maximum [Member]
Lessee, Operating Lease, Term of Contract	11 years

Leases Lease Maturity (Details)

Leases Lease Maturity (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Leases [Abstract]
2020 (remaining period)	$ 10,609
2021	13,847
2022	12,442
2023	10,785
2024	8,635
Thereafter	26,608
Total lease payments	82,926
Less: interest	(8,696)
Present value of lease liabilities	74,230
Operating Lease Liability Option To Extend Amounts	$ 8,976
2020		$ 15,559
2021		13,539
2022		11,860
2023		10,169
2024		8,835
Thereafter		11,671
Total Lease Payments		$ 71,633

Debt Narrative (Details)

Debt Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Jun. 30, 2019
Debt Instrument [Line Items]
Interest Paid, Including Capitalized Interest, Operating and Investing Activities	$ 97	$ 65
Unsecured Debt [Member]
Debt Instrument [Line Items]
Unsecured Loan, Unused Borrowing Capacity	$ 5,000
Unsecured Loan, Maturity Date	Apr. 30, 2021
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			$ 0
Fed Funds Effective Rate Overnight Index Swap Rate [Member] | Revolving Credit Facility [Member] | Line of Credit [Member]
Debt Instrument [Line Items]
Basis Spread on Variable Rate	0.50%
London Interbank Offered Rate (LIBOR) [Member] | Revolving Credit Facility [Member] | Line of Credit [Member]
Debt Instrument [Line Items]
Basis Spread on Variable Rate	1.00%
Prime Rate [Member] | Unsecured Debt [Member]
Debt Instrument [Line Items]
Basis Spread on Variable Rate	(1.00%)

Income Taxes Narrative (Details

Income Taxes Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Effective Tax Rate	24.60%	19.20%
Income Taxes Paid, Net	$ 1,090
Income Taxes Paid		$ 388
Proceeds from Income Tax Refunds		(679)
Unrecognized Tax Benefits	11,596
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	10,815
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	1,771	$ 1,413
Minimum [Member]
Expiration of statutes of limitations impact on UTB balance	3,000
Maximum [Member]
Expiration of statutes of limitations impact on UTB balance	$ 4,000

Stock Based Compensation Narrat

Stock Based Compensation Narrative (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expense for stock-based compensation	$ 2,853	$ 1,771
Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense not yet recognized, stock options	$ 0
Weighted average remaining contractual term, stock options	6 years 9 months
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense yet to be recognized	$ 0
Granted, number of shares	0
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense yet to be recognized	$ 10,841
Compensation expense yet to be recognized, period for recognition	1 year 2 months 1 day
Granted, number of shares	3
2015 EIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares Authorized for Issuance	3,000
2015 EIP [Member] | Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Requisite Service Period	3 years
Termination Period After Termination of Employment	90 days
Termination Period After Death	1 year
Termination After Grant Date	10 years
Fair value on grant date less PV of dividends [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, number of shares	3

Stock Based Compensation Stock

Stock Based Compensation Stock Options (Details) - Share-based Payment Arrangement, Option [Member] $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2019USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding, period start, number of shares | shares	32
Granted, number of shares | shares	0
Forfeited, number of shares | shares	0
Exercised, number of shares | shares	0
Outstanding, period end, number of shares | shares	32
Outstanding, period start, weighted average exercise price | $ / shares	$ 87.27
Granted, weighted average exercise price | $ / shares	0
Forfeited, weighted average exercise price | $ / shares	0
Exercised, weighted average exercise price | $ / shares	0
Outstanding, period end, weighted average exercise price | $ / shares	$ 87.27
Outstanding, period end, intrinsic value | $	$ 1,860
Vested and expected to vest, period end, number of shares | shares	32
Vested and expected to vest, period end, weighted average exercise price | $ / shares	$ 87.27
Vested and expected to vest, period end, intrinsic value | $	$ 1,860
Exercisable, period end, number of shares | shares	32
Exercisable, period end, weighted average exercise price | $ / shares	$ 87.27
Exercisable, period end, intrinsic value | $	$ 1,860

Stock Based Compensation Restri

Stock Based Compensation Restricted Stock Share Awards (Details) - Restricted Stock [Member] shares in Thousands	3 Months Ended
	Sep. 30, 2019$ / 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	6
Granted, number of shares | shares	0
Vested, number of shares | shares	(6)
Forfeited, number of shares | shares	0
Outstanding, period end, number of shares | shares	0
Outstanding, period start, weighted average grant date fair value | $ / shares	$ 87.27
Granted, weighted average grant date fair value | $ / shares	0
Vested, weighted average grant date fair value | $ / shares	87.27
Forfeited, weighted average grant date fair value | $ / shares	0
Outstanding, period end, weighted average grant date fair value | $ / shares	$ 0

Stock Based Compensation Rest_2

Stock Based Compensation Restricted Stock Unit Awards (Details) - Restricted Stock Units (RSUs) [Member] $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2019USD ($)$ / 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	298
Granted, number of shares | shares	3
Vested, number of shares | shares	(31)
Forfeited, number of shares | shares	(51)
Outstanding, period end, number of shares | shares	219
Outstanding, period start, weighted average grant date fair value | $ / shares	$ 107
Granted, weighted average grant date fair value | $ / shares	130.61
Vested, weighted average grant date fair value | $ / shares	75.34
Forfeited, weighted average grant date fair value | $ / shares	74.59
Outstanding, period end, weighted average grant date fair value | $ / shares	$ 119.42
Restricted Stock Units, Aggregate Intrinsic Value, Outstanding | $	$ 31,910

Earnings Per Share Earnings P_3

Earnings Per Share Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Earnings Per Share, Basic and Diluted [Abstract]
Net Income	$ 89,370	$ 83,551
Common share information:
Weighted average shares outstanding for basic earnings per share	76,972	77,188
Dilutive effect of stock options and restricted stock	95	349
Weighted average shares outstanding for diluted earnings per share	77,067	77,537
Basic earnings per share	$ 1.16	$ 1.08
Diluted earnings per share	$ 1.16	$ 1.08
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0

Business Acquisitions (Details)

Business Acquisitions (Details) - USD ($) $ in Thousands	Jul. 01, 2019	Oct. 05, 2018	Oct. 01, 2018	Sep. 30, 2019	Jun. 30, 2019
Business Acquisition [Line Items]
Goodwill				$ 686,030	$ 666,944
Geezeo [Member]
Business Acquisition [Line Items]
Business Acquisition, Effective Date of Acquisition	Jul. 1, 2019
Payments to Acquire Businesses, Gross	$ 37,776
Current assets	9,018
Long-term assets	397
Identifiable intangible assets	19,114
Non-current deferred income tax liability	(2,593)
Total other liabilities assumed	(7,247)
Total identifiable net assets	18,689
Net assets acquired	37,776
Acquisition goodwill expected to be tax deductible	0
Cash Acquired from Acquisition	7,492
Acquired Receivable, Fair Value	1,373
Acquired Receivables, Estimated Uncollectible	0
Business Acquisition, Transaction Costs	25
Revenue of Acquiree since Acquisition Date, Actual				2,392
Earnings or Loss of Acquiree since Acquisition Date, Actual				38
Business Combination, Acquired Receivables, Gross Contractual Amount	1,373
BOLTS Technologies, Inc. [Member]
Business Acquisition [Line Items]
Business Acquisition, Effective Date of Acquisition		Oct. 5, 2018
Payments to Acquire Businesses, Gross		$ 15,046
Current assets		1,384
Identifiable intangible assets		2,274
Total other liabilities assumed		(1,505)
Total identifiable net assets		2,153
Net assets acquired		15,046
Acquisition goodwill expected to be tax deductible		0
Cash Acquired from Acquisition		1,365
Acquired Receivable, Fair Value		14
Acquired Receivables, Estimated Uncollectible		0
Business Acquisition, Transaction Costs		23
Revenue of Acquiree since Acquisition Date, Actual				44
Earnings or Loss of Acquiree since Acquisition Date, Actual				(175)
Business Combination, Acquired Receivables, Gross Contractual Amount		14
Agiletics, Inc. [Member]
Business Acquisition [Line Items]
Business Acquisition, Effective Date of Acquisition			Oct. 1, 2018
Payments to Acquire Businesses, Gross			$ 7,649
Current assets			2,170
Identifiable intangible assets			3,090
Non-current deferred income tax liability			(872)
Total other liabilities assumed			(738)
Total identifiable net assets			3,650
Net assets acquired			7,649
Acquisition goodwill expected to be tax deductible			0
Cash Acquired from Acquisition			1,349
Acquired Receivable, Fair Value			302
Acquired Receivables, Estimated Uncollectible			0
Business Acquisition, Transaction Costs			36
Revenue of Acquiree since Acquisition Date, Actual				549
Earnings or Loss of Acquiree since Acquisition Date, Actual				$ 165
Business Combination, Acquired Receivables, Gross Contractual Amount			302
Customer Relationships [Member] | Geezeo [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired	$ 10,522
Identifiable Intangible Assets, Weighted Average Useful Life	15 years
Customer Relationships [Member] | BOLTS Technologies, Inc. [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired		$ 567
Identifiable Intangible Assets, Weighted Average Useful Life		15 years
Customer Relationships [Member] | Agiletics, Inc. [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired			$ 2,198
Identifiable Intangible Assets, Weighted Average Useful Life			15 years
Computer Software, Intangible Asset [Member] | Geezeo [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired	$ 5,791
Identifiable Intangible Assets, Weighted Average Useful Life	15 years
Computer Software, Intangible Asset [Member] | BOLTS Technologies, Inc. [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired		$ 1,409
Identifiable Intangible Assets, Weighted Average Useful Life		10 years
Computer Software, Intangible Asset [Member] | Agiletics, Inc. [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired			$ 701
Identifiable Intangible Assets, Weighted Average Useful Life			10 years
Other Intangible Assets [Member] | Geezeo [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired	$ 2,801
Identifiable Intangible Assets, Weighted Average Useful Life	15 years
Other Intangible Assets [Member] | BOLTS Technologies, Inc. [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired		$ 298
Identifiable Intangible Assets, Weighted Average Useful Life		10 years
Other Intangible Assets [Member] | Agiletics, Inc. [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired			$ 191
Identifiable Intangible Assets, Weighted Average Useful Life			10 years
Core [Member] | Agiletics, Inc. [Member]
Business Acquisition [Line Items]
Goodwill			$ 3,999
Complementary [Member] | Geezeo [Member]
Business Acquisition [Line Items]
Goodwill	$ 19,087
Complementary [Member] | BOLTS Technologies, Inc. [Member]
Business Acquisition [Line Items]
Goodwill		$ 12,893

Reportable Segment Informatio_3

Reportable Segment Information Narrative (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2019USD ($)segment
Segment Reporting [Abstract]
Number of Reportable Segments | segment	4
Reclassification of Revenue Between Reportable Segments | $	$ 1,603

Reportable Segment Informatio_4

Reportable Segment Information Reconciliation of Operating Profit by Segment to Consolidated (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	$ 438,005	$ 392,543
Cost of Revenue	245,791	220,112
Research and Development	24,591	24,026
Selling, General and Administrative	49,436	45,183
Total Expenses	319,818	289,321
OPERATING INCOME	118,187	103,222
INTEREST INCOME (EXPENSE)	352	144
INCOME BEFORE INCOME TAXES	118,539	103,366
Core [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	155,896	139,155
Cost of Revenue	63,306	59,216
SEGMENT INCOME	92,590	79,939
Payments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	149,746	134,197
Cost of Revenue	76,624	65,707
SEGMENT INCOME	73,122	68,490
Complementary [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	117,195	105,705
Cost of Revenue	46,674	41,830
SEGMENT INCOME	70,521	63,875
Corporate and Other [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	15,168	13,486
Cost of Revenue	59,187	53,359
SEGMENT INCOME	(44,019)	(39,873)
Services & Support [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	278,808	246,568
Services & Support [Member] | Core [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	148,090	131,991
Services & Support [Member] | Payments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	17,308	12,770
Services & Support [Member] | Complementary [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	98,451	88,460
Services & Support [Member] | Corporate and Other [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	14,959	13,347
Processing [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	159,197	145,975
Processing [Member] | Core [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	7,806	7,164
Processing [Member] | Payments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	132,438	121,427
Processing [Member] | Complementary [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	18,744	17,245
Processing [Member] | Corporate and Other [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	$ 209	$ 139