Jack Henry & Associates (JKHY) 10-Q 9 Nov 22 2023 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Sep. 30, 2022	Oct. 28, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Amendment Flag	false
Document Fiscal Year Focus	2023
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		72,949,433

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022	Sep. 30, 2021
CURRENT ASSETS:
Cash and cash equivalents	$ 31,970	$ 48,787
Receivables, net	247,541	348,072
Income tax receivable	0	13,822
Prepaid expenses and other	134,539	125,537
Deferred costs	71,047	57,105
Assets Held-for-sale	0	20,201
Total current assets	485,097	613,524
PROPERTY AND EQUIPMENT, net	208,307	211,709
OTHER ASSETS:
Non-current deferred costs	148,445	143,750
Computer software, net of amortization	534,488	410,957
Other non-current assets	300,924	293,526
Other intangible assets, net of amortization	24,562	25,137
Goodwill	804,155	687,458
Total other assets	1,885,056	1,630,331
Total assets	2,578,460	2,455,564
CURRENT LIABILITIES:
Accounts payable	20,445	21,034
Accrued expenses	147,679	192,042
Accrued income taxes	27,394	0
Notes payable and current maturities of long-term debt	41	67
Deferred revenues	274,772	330,687
Total current liabilities	470,331	543,830
LONG TERM LIABILITIES:
Non-current deferred revenues	70,374	71,485
Deferred income tax liability	280,285	292,630
Debt, net of current maturities	245,000	115,000
Other long-term liabilities	51,332	50,996
Total long term liabilities	646,991	530,111
Total liabilities	$ 1,117,322	1,073,941
STOCKHOLDERS' EQUITY
Preferred stock, par value	$ 1		$ 1
Preferred stock, shares authorized	500,000		500,000
Preferred stock, issued	0		0
Preferred stock - $1 par value; 500,000 shares authorized, none issued	$ 0	$ 0
Common stock, par value	$ 0.01	$ 0.01
Common stock, authorized shares	250,000,000	250,000,000
Common stock, issued shares	103,953,128	103,921,724
Common stock - $0.01 par value; 250,000,000 shares authorized; 103,953,128 shares issued at September 30, 2022; 103,921,724 shares issued at June 30, 2022	$ 1,040	$ 1,039
Additional paid-in capital	560,034	551,360
Retained earnings	$ 2,707,182	$ 2,636,342
Treasury Stock, Shares	31,042,903	31,042,903
Less treasury stock at cost; 31,042,903 shares at September 30, 2022; 31,042,903 shares at June 30, 2022	$ (1,807,118)	$ (1,807,118)
Total stockholders' equity	1,461,138	1,381,623	$ 1,395,665
Total liabilities and equity	2,578,460	2,455,564
Customer Relationships [Member]
OTHER ASSETS:
Customer relationships, net of amortization	$ 72,482	$ 69,503

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Income Statement [Abstract]
REVENUE	$ 529,202	$ 488,056
EXPENSES
Cost of Revenue	298,261	276,636
Research and Development	32,993	26,754
Selling, General and Administrative	57,225	51,071
Total Expenses	388,479	354,461
OPERATING INCOME	140,723	133,595
INTEREST INCOME (EXPENSE)
Interest income	152	7
Interest expense	(1,576)	(248)
Total Interest Income (Expense)	(1,424)	(241)
INCOME BEFORE INCOME TAXES	139,299	133,354
PROVISION FOR INCOME TAXES	32,750	31,240
NET INCOME	$ 106,549	$ 102,114
Earnings Per Share
Basic earnings per share	$ 1.46	$ 1.38
Basic weighted average shares outstanding	72,896	74,016
Diluted earnings per share	$ 1.46	$ 1.38
Diluted weighted average shares outstanding	73,138	74,142

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, 2021			$ 1,038	$ 518,960	$ 2,412,496	$ (1,613,202)
Shares, beginning of period at Jun. 30, 2021			103,795,169
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued for equity-based payment arrangements (shares)			5,432
Shares issued for Employee Stock Purchase Plan (shares)			21,664
Tax withholding related to share-based compensation				(953)
Shares issued for Employee Stock Purchase Plan (value)			$ 0	3,177
Stock-based compensation expense				6,071
Net Income	$ 102,114				102,114
Dividends					(34,036)
Balance, end of period (value) at Sep. 30, 2021	$ 1,395,665		$ 1,038	527,255	2,480,574	(1,613,202)
Shares, end of period at Sep. 30, 2021			103,822,265
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared per share	$ 0.46
Preferred Shares		0
Balance, beginning of period (value) at Jun. 30, 2022	$ 1,381,623		$ 1,039	551,360	2,636,342	(1,807,118)
Shares, beginning of period at Jun. 30, 2022			103,921,724
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued for equity-based payment arrangements (shares)			12,141
Shares issued for Employee Stock Purchase Plan (shares)			19,263
Tax withholding related to share-based compensation				(1,556)
Shares issued for Employee Stock Purchase Plan (value)			$ 1	3,232
Stock-based compensation expense				6,998
Net Income	106,549				106,549
Dividends					(35,709)
Balance, end of period (value) at Sep. 30, 2022	$ 1,461,138		$ 1,040	$ 560,034	$ 2,707,182	$ (1,807,118)
Shares, end of period at Sep. 30, 2022			103,953,128
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared per share	$ 0.49
Preferred Shares		0

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income	$ 106,549	$ 102,114
Adjustments to reconcile net income to net cash from operating activities:
Depreciation	12,416	13,157
Amortization	33,194	31,016
Change in deferred income taxes	(12,345)	6,088
Expense for stock-based compensation	6,998	6,071
(Gain) Loss on Disposal of Assets	(6,124)	166
Changes in operating assets and liabilities:
Change in receivables	101,509	53,404
Change in prepaid expenses, deferred costs and other	(34,740)	(20,345)
Change in accounts payable	(2,168)	2,859
Change in accrued expenses	(45,265)	(37,231)
Change in income taxes	41,937	9,912
Change in deferred revenues	(65,130)	(60,662)
Net cash from operating activities	136,831	106,549
CASH FLOWS FROM INVESTING ACTIVITIES:
Payment for acquisitions, net of cash acquired	(228,986)	0
Capital expenditures	(7,737)	(9,273)
Proceeds from dispositions	26,252	14
Purchased Software	(408)	(1,221)
Computer software developed	(38,715)	(35,971)
Net cash from investing activities	(249,594)	(46,451)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings on credit facilities	280,000	0
Repayments on financing leases	(150,022)	(35,027)
Dividends paid	(35,709)	(34,036)
Tax withholding payments related to share based compensation	(1,556)	(953)
Proceeds from sale of common stock	3,233	3,177
Net cash from financing activities	95,946	(66,839)
NET CHANGE IN CASH AND CASH EQUIVALENTS	(16,817)	(6,741)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	48,787	50,992
CASH AND CASH EQUIVALENTS, END OF PERIOD	$ 31,970	$ 44,251

Nature of Operations and Summar

Nature of Operations and Summary of Significant Accounting Policies (Text Block)	3 Months Ended
	Sep. 30, 2022
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 ("Jack Henry," "JKHY," or the "Company") is a well-rounded financial technology company. JKHY was founded in 1976 as a provider of core information processing solutions for banks. Today, the Company’s extensive array of products and services includes processing transactions, automating business processes, and managing information for approximately 7,800 financial institutions and diverse corporate entities. Consolidation The condensed consolidated financial statements include the accounts of JKHY and all of its subsidiaries, which are wholly owned, and all intercompany accounts and transactions have been eliminated. Comprehensive Income Comprehensive income for the three months ended September 30, 2022 and 2021, equals the Company’s net income. Allowance for Credit Losses The Company monitors trade and other receivable balances and contract assets and estimates the allowance for lifetime expected credit losses. Estimates of expected credit losses are based on historical collection experience and other factors, including those related to current market conditions and events. The following table summarizes allowance for credit losses activity for the fiscal quarter ended September 30, 2022: Three Months Ended September 30, 2022 2021 Allowance for credit losses - beginning balance $ 7,616 $ 7,267 Current provision for expected credit losses 480 540 Write-offs charged against allowance (65) (145) Recoveries of amounts previously written off (1) (1) Allowance for credit losses - ending balance $ 8,030 $ 7,661 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, 2022, totaled $461,282 and at June 30, 2022, totaled $454,879. 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 3 to 20 years. Accumulated amortization of intangible assets totaled $1,063,994 and $1,030,800 at September 30, 2022, and June 30, 2022, respectively. Investments At September 30, 2022, and June 30, 2022, the Company had an investment in the preferred stock of Automated Bookkeeping, Inc ("Autobooks") of $18,250, which represented 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. 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. 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, 2022, and June 30, 2022, there were 31,043 shares in treasury stock and the Company had the remaining authority to repurchase up to 3,948 additional shares. The total cost of treasury shares at September 30, 2022, and June 30, 2022, was $1,807,118. During the first three months of fiscal 2023, the Company did not repurchase any shares of its common stock. 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 expenses are recognized on the full amount of unrecognized benefits for uncertain tax positions. The Company's policy is to include interest and penalties related to unrecognized tax benefits in income tax expense. 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, 2022. 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, 2022, 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, 2022, the results of its operations for the three months ended September 30, 2022 and 2021, changes in stockholders' equity for the three months ended September 30, 2022 and 2021, and its cash flows for the three months ended September 30, 2022 and 2021. The condensed consolidated balance sheet at June 30, 2022, 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, 2022, are not necessarily indicative of the results to be expected for the entire fiscal year. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Risks and Uncertainties The Company has determined there was not a material impact to the Company’s consolidated financial statements as of and for the quarter ended September 30, 2022, as a result of the continuing impact of the COVID-19 pandemic. However, the extent to which the COVID-19 pandemic may impact the Company's future operational and financial performance remains uncertain and difficult to predict. The Company will continue to monitor developments related to the COVID-19 pandemic.

Recent Accounting Pronouncement

Recent Accounting Pronouncements Recent Accounting Pronouncements (Text Block)	3 Months Ended
	Sep. 30, 2022
Accounting Standards Update and Change in Accounting Principle [Abstract]
Recent Accounting Guidance [Text Block]	RECENT ACCOUNTING PRONOUNCEMENTS Not Yet Adopted In October 2021, the FASB issued ASU No. 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers, which improves the accounting for acquired revenue contracts with customers in a business combination by addressing diversity in practice and inconsistency related to recognition of an acquired contract liability and payment terms and their effect on subsequent revenue recognized by the acquirer. The ASU is effective for fiscal years beginning after December 15, 2022, and interim periods within those fiscal years. The Company plans to adopt the ASU effective July 1, 2023, and will apply it prospectively to business combinations occurring on or after that date.

Revenue and Deferred Costs Reve

Revenue and Deferred Costs Revenue and Deferred Costs (Notes)	3 Months Ended
	Sep. 30, 2022
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, 2022 2021 Private and Public Cloud $ 148,999 $ 135,642 Product Delivery and Services 57,523 51,516 On-Premise Support 113,627 110,336 Services & Support 320,149 297,494 Processing 209,053 190,562 Total Revenue $ 529,202 $ 488,056 Contract Balances The following table provides information about contract assets and contract liabilities from contracts with customers. September 30, June 30, Receivables, net $ 247,541 $ 348,072 Contract Assets- Current 24,240 24,447 Contract Assets- Non-current 68,386 68,261 Contract Liabilities (Deferred Revenue)- Current 274,772 330,687 Contract Liabilities (Deferred Revenue)- Non-current 70,374 71,485 Contract assets primarily result from revenue being recognized when or as control of a solution or service is transferred to the customer, except 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, 2022 and 2021, the Company recognized revenue of $97,990 and $99,316, 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, 2022, estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) at the end of the reporting period totaled $5,643,334. The Company expects to recognize approximately 26% over the next 12 months, 20% in 13-24 months, and the balance thereafter. Contract Costs The Company incurs incremental costs to obtain a contract as well as costs to fulfill contracts with customers that are expected to be recovered. These costs consist primarily of sales commissions, which are incurred only if a contract is obtained, and customer conversion or implementation-related costs. Capitalized costs are amortized based on the transfer of goods or services to which the asset relates, in line with the percentage of revenue recognized for each performance obligation to which the costs are allocated. Capitalized costs totaled $397,833 and $380,095, at September 30, 2022, and June 30, 2022, respectively. For the three months ended September 30, 2022 and 2021, amortization of deferred contract costs was $41,980 and $35,844, respectively. There were no impairment losses in relation to capitalized costs for the periods presented.

Fair Value Measures and Disclos

Fair Value Measures and Disclosures	3 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments[Text Block]	FAIR VALUE OF FINANCIAL INSTRUMENTS For cash equivalents, certificates of deposit, amounts receivable or payable, and short-term borrowings, fair values approximate carrying value, based on the short-term nature of the assets and liabilities. The Company's estimates of the fair value for financial assets and financial liabilities are based on the framework established in the fair value accounting guidance. The framework is based on the inputs used in valuation, gives the highest priority to quoted prices in active markets, and requires that observable inputs be used in the valuations when available. The three levels of the hierarchy are as follows: Level 1: inputs to the valuation are quoted prices in an active market for identical assets Level 2: inputs to the valuation include quoted prices for similar assets in active markets that are observable either directly or indirectly Level 3: valuation is based on significant inputs that are unobservable in the market and the Company's own estimates of assumptions that we believe market participants would use in pricing the asset Fair value of financial assets included in current assets is as follows: Estimated Fair Value Measurements Total Fair Level 1 Level 2 Level 3 Value September 30, 2022 Financial Assets: Certificates of Deposit $ — $ 1,213 $ — $ 1,213 Financial Liabilities: Revolving credit facility $ — $ 245,000 $ — $ 245,000 June 30, 2022 Financial Assets: Certificates of Deposit $ — $ 1,212 $ — $ 1,212 Financial Liabilities: Revolving credit facility $ — $ 115,000 $ — $ 115,000

Leases Leases (Notes)

Leases Leases (Notes)	3 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Lessee, Operating Leases [Text Block]	LEASES 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. 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. Lease agreements with lease and non-lease components are accounted for as a single lease component for all asset classes, which are comprised of real estate leases and equipment leases. ROU assets and lease liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. 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. The determination of the incremental borrowing rate requires judgment and is determined by 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 leases certain office space, data centers, and equipment with 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. Variable lease costs are recognized as a variable lease expense when incurred. At September 30, 2022, and June 30, 2022, the Company had operating lease assets of $46,452 and $46,869 and financing lease assets of $39 and $65, respectively. At September 30, 2022, total operating lease liabilities of $50,932 were comprised of current operating lease liabilities of $10,546 and noncurrent operating lease liabilities of $40,386, and total financing lease liabilities of $41 were all current liabilities. At June 30, 2022, total operating lease liabilities of $51,452 were comprised of current operating lease liabilities of $10,681 and noncurrent operating lease liabilities of $40,771, and total financing lease liabilities of $67 were all current financing lease liabilities. Operating lease assets are included within other non-current assets accrued expenses other long-term liabilities property and equipment, net notes payable long-term debt Operating lease costs for the three months ended September 30, 2022 and 2021, were $3,059 and $3,432, respectively. Financing lease costs for the three months ended September 30, 2022 and 2021, were $21 and $28, respectively. Total operating and financing lease costs for the respective quarters included variable lease costs of approximately $928 and $399, respectively. Operating and financing lease expense are 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. For the three months ended September 30, 2022 and 2021, the Company had operating cash flows for payments on operating leases of $3,110 and $3,031, and ROU assets obtained in exchange for operating lease liabilities of $2,296 and $272, respectively. Operating cash flows for interest paid on financing leases for the three months ended September 30, 2022 and 2021, were $22 and $29, respectively. As of September 30, 2022, and June 30, 2022, the weighted-average remaining lease term for the Company's operating leases was 74 months and 76 months and the weighted-average discount rate was 2.60% and 2.58%, respectively. As of September 30, 2022, and June 30, 2022, the weighted-average remaining lease term for the Company's financing leases was 6 months and 9 months, respectively. The weighted-average discount rate for the Company's financing leases was 2.23% as of September 30, 2022, and 2.29% as of June 30, 2022. Maturity of Lease Liabilities under ASC 842 Future minimum rental payments on operating leases with initial non-cancellable lease terms in excess of one year were due as follows at September 30, 2022*: Due Dates (fiscal year) Future Minimum Rental Payments 2023 (remaining period) $ 9,019 2024 10,696 2025 7,952 2026 7,046 2027 6,265 Thereafter 14,296 Total lease payments $ 55,274 Less: interest (4,342) Present value of lease liabilities $ 50,932 * Financing leases were immaterial to the quarter, so a maturity of lease liabilities table has only been included for operating leases. Lease payments include $5,464 related to options to extend lease terms that are reasonably certain of being exercised. At September 30, 2022, there were $6,128 of legally binding lease payments for leases signed but not yet commenced.

Debt (Text Block)

Debt (Text Block)	3 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Debt and Capital Leases Disclosures [Text Block]	DEBT Credit facilities On August 31, 2022, the Company entered into a five-year senior, unsecured amended and restated credit agreement. The credit agreement allows for borrowings of up to $600,000, which may be increased to $1,000,000 by the Company at any time until maturity. The credit agreement bears interest at a variable rate equal to (a) a rate based on an adjusted Secured Overnight Financing Rate ("SOFR") term rate or (b) an alternate base rate (the highest of (a) 0%, (b) the Prime Rate for such day, (c) the sum of the Federal Funds Effective Rate for such day plus 0.50% per annum and (d) the Adjusted Term SOFR Screen Rate (without giving effect to the Applicable Margin) 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 agreement is guaranteed by certain subsidiaries of the Company and is subject to various financial covenants that require the Company to maintain certain financial ratios as defined in the credit agreement. As of September 30, 2022, the Company was in compliance with all such covenants. The amended and restated credit facility terminates August 31, 2027. There was $245,000 outstanding under the amended and restated credit facility at September 30, 2022. On June 30, 2022, there was a $115,000 outstanding balance on the prior credit facility that was entered into on February 10, 2020. The prior credit facility was a five-year senior, unsecured revolving credit facility. The prior credit facility allowed for borrowings of up to $300,000, which could be increased by the Company to $700,000 at any time until maturity. The prior credit facility bore interest at a variable rate equal to (a) a rate based on a eurocurrency rate or (b) an alternate base rate (the highest of (i) 0%, (ii) the U.S. Bank prime rate for such day, (iii) the sum of the Federal Funds Effective Rate for such day plus 0.50% and (iv) the eurocurrency rate for a one-month interest period on such day for dollars plus 1.0%, plus an applicable percentage in each case determined by the Company's leverage ratio. The prior credit facility was guaranteed by certain subsidiaries of the Company and was subject to various financial covenants that required the Company to maintain certain financial ratios as defined in the prior credit agreement. As of June 30, 2022, the Company was in compliance with all such covenants. The prior credit facility's termination date was February 10, 2025. 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 expires on April 30, 2023. There was no balance outstanding at September 30, 2022, or June 30, 2022. Interest The Company paid interest of $1,333 and $234 during the three months ended September 30, 2022 and 2021, respectively.

Income Taxes (Text Block)

Income Taxes (Text Block)	3 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	INCOME TAXES Provision for income taxes increased for the three months ended September 30, 2022, compared to the three months ended September 30, 2021, with an effective tax rate of 23.5% of income before income taxes, compared to 23.4% in the prior fiscal year quarter. The Company paid income taxes, net of refunds, of $2,828 and $15,187 in the three months ended September 30, 2022 and 2021, respectively. At September 30, 2022, the Company had $9,586 of gross unrecognized tax benefits before interest and penalties, $8,532 of which, if recognized, would affect our effective tax rate. At September 30, 2022, the Company had accrued interest and penalties of $1,360 related to uncertain tax positions. The U.S. federal income tax returns for fiscal 2019 and all subsequent years remain subject to examination as of September 30, 2022, under statute of limitations rules. The U.S. state income tax returns that remain subject to examination as of September 30, 2022, under the statute of limitation rules varies by state jurisdiction from fiscal 2016 through 2019 and all subsequent years. The Company anticipates potential changes due to lapsing of statutes of limitations, and examination closures could reduce the unrecognized tax benefits balance by $1,500 to $3,500 within twelve months of September 30, 2022.

Stock Based Compensation (Text

Stock Based Compensation (Text Block)	3 Months Ended
	Sep. 30, 2022
Share-based Payment Arrangement [Abstract]
Share-based Payment Arrangement [Text Block]	STOCK-BASED COMPENSATION Our operating income for the three months ended September 30, 2022 and 2021, included $6,998 and $6,071 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. A summary of option plan activity under this plan is as follows: Number of Shares Weighted Average Exercise Price Aggregate Outstanding July 1, 2022 12 $ 87.27 Granted — — Forfeited — — Exercised — — Outstanding September 30, 2022 12 $ 87.27 $ 1,084 Vested and Expected to Vest September 30, 2022 12 $ 87.27 $ 1,084 Exercisable September 30, 2022 12 $ 87.27 $ 1,084 At September 30, 2022, 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, 2022, was 3.75 years. Restricted Stock Unit Awards The Company issues unit awards under the 2015 EIP. The following table summarizes non-vested restricted stock unit awards as of September 30, 2022: Unit awards Units Weighted Average Grant Date Fair Value Aggregate Intrinsic Value Outstanding July 1, 2022 303 $ 166.50 Granted 112 223.96 Vested (20) 170.87 Forfeited (4) 173.71 Outstanding September 30, 2022 391 $ 182.68 $ 71,376 The 112 unit awards granted in the first quarter of fiscal 2023 had service requirements and performance measures, with 70 only having service requirements. The unit awards with only service requirements were valued at the weighted average fair value of the non-vested units based on the fair market value of the Company’s equity shares on the grant date, less the present value of expected future dividends to be declared during the vesting period, consistent with the methodology for calculating compensation expense on such awards. The remaining 42 unit awards granted in the first quarter of fiscal 2023 have performance measures along with service requirements. 17 of these performance and service requirement unit awards were valued at grant by estimating 100% payout at release and using the fair market value of the Company equity shares on the grant date, less the present value of expected future dividends to be declared during the vesting period. The payout at release of approximately half of these unit awards will be determined based on the Company's compound annual growth rate for revenue (excluding adjustments) for the three-year vesting period compared against goal thresholds as defined in the award agreement. The performance payout at release of the other half of these unit awards will be determined based on the expansion of the Company's non-GAAP operating margin over the three-year vesting period compared against goal thresholds as defined in the award agreement. The other 25 performance and service requirement unit awards were valued at grant using a Monte Carlo pricing model as of the measurement date customized to the specific provisions of the Company’s plan design. Per the Company's award vesting and settlement provisions, the awards that utilize a Monte Carlo pricing model were valued at grant on the basis of Total Shareholder Return ("TSR") in comparison to the compensation peer group made up of participants approved by the Compensation Committee of the Company's Board of Directors for fiscal year 2023. The Monte Carlo inputs used in the model to estimate fair value at the measurement date and resulting values for these performance unit awards are as follows. Monte Carlo award inputs: Fiscal 2023 Compensation Peer Group: Volatility 29.4 % Risk free interest rate 2.96 % Annual dividend based on most recent quarterly dividend $1.96 Dividend yield 0.94 % Beginning average percentile rank for TSR 71.0 % At September 30, 2022, there was $37,428 of compensation expense, excluding forfeitures, that has yet to be recognized related to non-vested restricted stock unit awards, which will be recognized over a weighted average period of 1.25 years.

Earnings Per Share Earnings Per

Earnings Per Share Earnings Per Share (Text Block)	3 Months Ended
	Sep. 30, 2022
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, 2022 2021 Net Income $ 106,549 $ 102,114 Common share information: Weighted average shares outstanding for basic earnings per share 72,896 74,016 Dilutive effect of stock options and restricted stock units 242 126 Weighted average shares outstanding for diluted earnings per share 73,138 74,142 Basic earnings per share $ 1.46 $ 1.38 Diluted earnings per share $ 1.46 $ 1.38 Per share information is based on the weighted average number of common shares outstanding for the three months ended September 30, 2022 and 2021. Stock options and restricted stock units have been included in the calculation of earnings per share to the extent they are dilutive. There were 11 anti-dilutive stock options or restricted stock units excluded for the quarter ended September 30, 2022, and 22 were excluded for the quarter ended September 30, 2021.

Business Acquisitions (Text Blo

Business Acquisitions (Text Block)	3 Months Ended
	Sep. 30, 2022
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]
Business Acquisition Disclosure [Text Block]	BUSINESS ACQUISITIONS Payrailz On August 31, 2022, the Company completed the acquisition of Payrailz, LLC ("Payrailz") for $229,563 paid in cash. The purchase price is subject to a customary post-closing adjustment to the extent actual closing date working capital, cash, debt, and unpaid seller transaction expenses exceeds or is less than the amount estimated at closing. Pursuant to the merger agreement for the transaction, $48,500 of the purchase price was placed in an escrow account at the closing for final purchase price adjustments and indemnification matters under the merger agreement. The primary reason for the acquisition was to expand the Company's digital financial management solutions and the purchase was funded by our revolving line of credit (Note 6) and cash generated from operations. Payrailz provides cloud-native, API-first, AI-enabled consumer and commercial digital payment solutions and experiences that enable money to be moved in the moment of need. Management has completed a preliminary purchase price allocation and 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 August 31, 2022, are set forth below: Current assets $ 1,851 Identifiable intangible assets 119,868 Deferred revenue (8,104) Total other liabilities assumed (749) Total identifiable net assets 112,866 Goodwill 116,697 Net assets acquired $ 229,563 The goodwill of $116,697 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 Payrailz, together with the value of Payrailz's assembled workforce. The goodwill from this acquisition has been allocated to our Payments segment and $116,697 is expected to be deductible for income tax purposes. Identifiable intangible assets from this acquisition consist of customer relationships of $6,109, computer software of $112,505, and other intangible assets of $1,254. The amortization period for acquired customer relationships, computer software, and other intangible assets is over a term of 10 to 15 years for each. Current assets were inclusive of cash acquired of $577. The fair value of current assets acquired included accounts receivable of $978, none of which were expected to be uncollectible. Costs incurred related to the acquisition of Payrailz during the three months ended September 30, 2022, totaled $458 for administrative and 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 three months ended September 30, 2022, included revenue of $738 and after-tax net loss of $1,870 resulting from Payrailz's operations. The accompanying condensed consolidated statements of income for the three months ended September 30, 2022 and 2021, do not include any revenues and expenses related to this acquisition prior to the acquisition date. The following unaudited pro forma consolidated financial information is presented as if this acquisition had occurred at the beginning of the prior period presented. The pro forma net income includes estimated incremental amortization expense of $1,957 and $2,935 for the three months ended September 30, 2022 and 2021, respectively. In addition, this unaudited pro forma financial information is provided for illustrative purposes only and should not be relied upon as necessarily being indicative of the historical results that would have been obtained if the acquisition had actually occurred during this period, or the results that may be obtained in the future as a result of the acquisition. JKHY Pro forma Three Months Ended September 30, Three Months Ended September 30, 2022 2021 2022 2021 Revenue $ 529,202 $ 488,056 $ 530,829 $ 489,397 Net Income 106,549 102,114 102,012 97,098

Reportable Segment Information

Reportable Segment Information (Text Block)	3 Months Ended
	Sep. 30, 2022
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 on-premise installations or JKHY cloud-based 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, Automated Clearing House ("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 and many can be 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. Immaterial adjustments have been made to reclassify revenue that was recognized in the three months ended September 30, 2021 from the Complementary to the Payments and Corporate and Other segments. Immaterial adjustments were also made to reclassify cost of revenue from the Corporate and Other and Complementary segments to the Payments segment for the three months ended September 30, 2021. These reclasses were made to be consistent with the current allocation of revenue and cost of revenue by segment. Revenue reclassed from Complementary to Payments was $2,969 and from Complementary to Corporate and Other was $734. Cost of revenue reclassed from Complementary and Corporate and Other to Payments was $1,356. Three Months Ended September 30, 2022 Core Payments Complementary Corporate & Other Total REVENUE Services and Support $ 165,024 $ 18,659 $ 118,147 $ 18,319 $ 320,149 Processing 10,100 167,881 30,203 869 209,053 Total Revenue 175,124 186,540 148,350 19,188 529,202 Cost of Revenue 72,240 101,155 58,437 66,429 298,261 Research and Development 32,993 Selling, General, and Administrative 57,225 Total Expenses 388,479 SEGMENT INCOME $ 102,884 $ 85,385 $ 89,913 $ (47,241) OPERATING INCOME 140,723 INTEREST INCOME (EXPENSE) (1,424) INCOME BEFORE INCOME TAXES $ 139,299 Three Months Ended September 30, 2021 Core Payments Complementary Corporate & Other Total REVENUE Services and Support $ 155,838 $ 17,063 $ 112,806 $ 11,787 $ 297,494 Processing 9,447 155,528 24,972 615 190,562 Total Revenue 165,285 172,591 137,778 12,402 488,056 Cost of Revenue 66,902 94,582 54,417 60,735 276,636 Research and Development 26,754 Selling, General, and Administrative 51,071 Total Expenses 354,461 SEGMENT INCOME $ 98,383 $ 78,009 $ 83,361 $ (48,333) OPERATING INCOME 133,595 INTEREST INCOME (EXPENSE) (241) INCOME BEFORE INCOME TAXES $ 133,354 The Company has not disclosed any additional asset information by segment, as the information is not generated for internal management reporting to the Chief Executive Officer, who is also the Chief Operating Decision Maker.

Subsequent Events Subsequent Ev

Subsequent Events Subsequent Events (Text Block)	3 Months Ended
	Sep. 30, 2022
Subsequent Events [Abstract]
Subsequent Events [Text Block]	SUBSEQUENT EVENTSNone.

Nature of Operations and Summ_2

Nature of Operations and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Consolidation	The condensed consolidated financial statements include the accounts of JKHY and all of its subsidiaries, which are wholly owned, and all intercompany accounts and transactions have been eliminated.
Allowance for Credit Losses	The Company monitors trade and other receivable balances and contract assets and estimates the allowance for lifetime expected credit losses. Estimates of expected credit losses are based on historical collection experience and other factors, including those related to current market conditions and events.
Property, 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 3 to 20 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.
Income Tax, Policy	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 expenses are recognized on the full amount of unrecognized benefits for uncertain tax positions. The Company's policy is to include interest and penalties related to unrecognized tax benefits in income tax expense.

Fair Value Measures and Discl_2

Fair Value Measures and Disclosures (Policies)	3 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments, Policy [Policy Text Block]	For cash equivalents, certificates of deposit, amounts receivable or payable, and short-term borrowings, fair values approximate carrying value, based on the short-term nature of the assets and liabilities. The Company's estimates of the fair value for financial assets and financial liabilities are based on the framework established in the fair value accounting guidance. The framework is based on the inputs used in valuation, gives the highest priority to quoted prices in active markets, and requires that observable inputs be used in the valuations when available. The three levels of the hierarchy are as follows: Level 1: inputs to the valuation are quoted prices in an active market for identical assets Level 2: inputs to the valuation include quoted prices for similar assets in active markets that are observable either directly or indirectly Level 3: valuation is based on significant inputs that are unobservable in the market and the Company's own estimates of assumptions that we believe market participants would use in pricing the asset

Leases Leases (Policies)

Leases Leases (Policies)	3 Months Ended
	Sep. 30, 2022
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. 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. Lease agreements with lease and non-lease components are accounted for as a single lease component for all asset classes, which are comprised of real estate leases and equipment leases. ROU assets and lease liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. 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. The determination of the incremental borrowing rate requires judgment and is determined by 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 leases certain office space, data centers, and equipment with 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. Variable lease costs are recognized as a variable lease expense when incurred.

Nature of Operations and Summ_3

Nature of Operations and Summary of Significant Accounting Policies- Loss on Disposal of Assets, net (Tables)	3 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accounts Receivable, Allowance for Credit Loss	The following table summarizes allowance for credit losses activity for the fiscal quarter ended September 30, 2022: Three Months Ended September 30, 2022 2021 Allowance for credit losses - beginning balance $ 7,616 $ 7,267 Current provision for expected credit losses 480 540 Write-offs charged against allowance (65) (145) Recoveries of amounts previously written off (1) (1) Allowance for credit losses - ending balance $ 8,030 $ 7,661

Revenue and Deferred Costs Re_2

Revenue and Deferred Costs Revenue and Deferred Costs (Tables)	3 Months Ended
	Sep. 30, 2022
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, 2022 2021 Private and Public Cloud $ 148,999 $ 135,642 Product Delivery and Services 57,523 51,516 On-Premise Support 113,627 110,336 Services & Support 320,149 297,494 Processing 209,053 190,562 Total Revenue $ 529,202 $ 488,056
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 $ 247,541 $ 348,072 Contract Assets- Current 24,240 24,447 Contract Assets- Non-current 68,386 68,261 Contract Liabilities (Deferred Revenue)- Current 274,772 330,687 Contract Liabilities (Deferred Revenue)- Non-current 70,374 71,485

Fair Value Measures and Discl_3

Fair Value Measures and Disclosures (Tables)	3 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Recurring Fair Value Measurements[Table Text Block]	Fair value of financial assets included in current assets is as follows: Estimated Fair Value Measurements Total Fair Level 1 Level 2 Level 3 Value September 30, 2022 Financial Assets: Certificates of Deposit $ — $ 1,213 $ — $ 1,213 Financial Liabilities: Revolving credit facility $ — $ 245,000 $ — $ 245,000 June 30, 2022 Financial Assets: Certificates of Deposit $ — $ 1,212 $ — $ 1,212 Financial Liabilities: Revolving credit facility $ — $ 115,000 $ — $ 115,000

Leases Leases (Tables)

Leases Leases (Tables)	3 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Maturity of Lease Liabilities Under ASC 842 [Table Text Block]	Maturity of Lease Liabilities under ASC 842 Future minimum rental payments on operating leases with initial non-cancellable lease terms in excess of one year were due as follows at September 30, 2022*: Due Dates (fiscal year) Future Minimum Rental Payments 2023 (remaining period) $ 9,019 2024 10,696 2025 7,952 2026 7,046 2027 6,265 Thereafter 14,296 Total lease payments $ 55,274 Less: interest (4,342) Present value of lease liabilities $ 50,932 * Financing leases were immaterial to the quarter, so a maturity of lease liabilities table has only been included for operating leases. Lease payments include $5,464 related to options to extend lease terms that are reasonably certain of being exercised. At September 30, 2022, there were $6,128 of legally binding lease payments for leases signed but not yet commenced.

Stock Based Compensation (Table

Stock Based Compensation (Tables)	3 Months Ended
	Sep. 30, 2022
Share-based Payment Arrangement [Abstract]
Share-based Payment Arrangement, Option, Activity [Table Text Block]	A summary of option plan activity under this plan is as follows: Number of Shares Weighted Average Exercise Price Aggregate Outstanding July 1, 2022 12 $ 87.27 Granted — — Forfeited — — Exercised — — Outstanding September 30, 2022 12 $ 87.27 $ 1,084 Vested and Expected to Vest September 30, 2022 12 $ 87.27 $ 1,084 Exercisable September 30, 2022 12 $ 87.27 $ 1,084
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	The following table summarizes non-vested restricted stock unit awards as of September 30, 2022: Unit awards Units Weighted Average Grant Date Fair Value Aggregate Intrinsic Value Outstanding July 1, 2022 303 $ 166.50 Granted 112 223.96 Vested (20) 170.87 Forfeited (4) 173.71 Outstanding September 30, 2022 391 $ 182.68 $ 71,376
Schedule Of Share Based Payment Award RSU Valuation Assumptions [Table Text Block]	The Monte Carlo inputs used in the model to estimate fair value at the measurement date and resulting values for these performance unit awards are as follows. Monte Carlo award inputs: Fiscal 2023 Compensation Peer Group: Volatility 29.4 % Risk free interest rate 2.96 % Annual dividend based on most recent quarterly dividend $1.96 Dividend yield 0.94 % Beginning average percentile rank for TSR 71.0 %

Earnings Per Share Earnings P_2

Earnings Per Share Earnings Per Share (Tables)	3 Months Ended
	Sep. 30, 2022
Earnings Per Share, Basic and Diluted [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	The following table reflects the reconciliation between basic and diluted earnings per share. Three Months Ended September 30, 2022 2021 Net Income $ 106,549 $ 102,114 Common share information: Weighted average shares outstanding for basic earnings per share 72,896 74,016 Dilutive effect of stock options and restricted stock units 242 126 Weighted average shares outstanding for diluted earnings per share 73,138 74,142 Basic earnings per share $ 1.46 $ 1.38 Diluted earnings per share $ 1.46 $ 1.38

Business Acquisitions (Tables)

Business Acquisitions (Tables) - Payrailz [Member]	3 Months Ended
	Sep. 30, 2022
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 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 August 31, 2022, are set forth below: Current assets $ 1,851 Identifiable intangible assets 119,868 Deferred revenue (8,104) Total other liabilities assumed (749) Total identifiable net assets 112,866 Goodwill 116,697 Net assets acquired $ 229,563
Business Acquisition, Pro Forma Information	The following unaudited pro forma consolidated financial information is presented as if this acquisition had occurred at the beginning of the prior period presented. The pro forma net income includes estimated incremental amortization expense of $1,957 and $2,935 for the three months ended September 30, 2022 and 2021, respectively. In addition, this unaudited pro forma financial information is provided for illustrative purposes only and should not be relied upon as necessarily being indicative of the historical results that would have been obtained if the acquisition had actually occurred during this period, or the results that may be obtained in the future as a result of the acquisition. JKHY Pro forma Three Months Ended September 30, Three Months Ended September 30, 2022 2021 2022 2021 Revenue $ 529,202 $ 488,056 $ 530,829 $ 489,397 Net Income 106,549 102,114 102,012 97,098

Reportable Segment Informatio_2

Reportable Segment Information (Tables)	3 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Three Months Ended September 30, 2022 Core Payments Complementary Corporate & Other Total REVENUE Services and Support $ 165,024 $ 18,659 $ 118,147 $ 18,319 $ 320,149 Processing 10,100 167,881 30,203 869 209,053 Total Revenue 175,124 186,540 148,350 19,188 529,202 Cost of Revenue 72,240 101,155 58,437 66,429 298,261 Research and Development 32,993 Selling, General, and Administrative 57,225 Total Expenses 388,479 SEGMENT INCOME $ 102,884 $ 85,385 $ 89,913 $ (47,241) OPERATING INCOME 140,723 INTEREST INCOME (EXPENSE) (1,424) INCOME BEFORE INCOME TAXES $ 139,299 Three Months Ended September 30, 2021 Core Payments Complementary Corporate & Other Total REVENUE Services and Support $ 155,838 $ 17,063 $ 112,806 $ 11,787 $ 297,494 Processing 9,447 155,528 24,972 615 190,562 Total Revenue 165,285 172,591 137,778 12,402 488,056 Cost of Revenue 66,902 94,582 54,417 60,735 276,636 Research and Development 26,754 Selling, General, and Administrative 51,071 Total Expenses 354,461 SEGMENT INCOME $ 98,383 $ 78,009 $ 83,361 $ (48,333) OPERATING INCOME 133,595 INTEREST INCOME (EXPENSE) (241) INCOME BEFORE INCOME TAXES $ 133,354

Nature of Operations and Summ_4

Nature of Operations and Summary of Significant Accounting Policies (Details)	Sep. 30, 2022 client
Accounting Policies [Abstract]
Entity number of customers	7,800

Nature of Operations and Summ_5

Nature of Operations and Summary of Significant Accounting Policies Allowance for Credit Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses- beginning balance	$ 7,616	$ 7,267
Current provision for expected credit losses	480	540
Write-offs charged against allowance	(65)	(145)
Recoveries of amounts previously written off	(1)	(1)
Allowance for credit losses- ending balance	$ 8,030	$ 7,661

Nature of Operations and Summ_6

Nature of Operations and Summary of Significant Accounting Policies Property and Equipment (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
Accumulated Depreciation, Property and Equipment	$ 461,282	$ 454,879

Nature of Operations and Summ_7

Nature of Operations and Summary of Significant Accounting Policies Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Jun. 30, 2022
Finite-Lived Intangible Assets, Accumulated Amortization	$ 1,063,994	$ 1,030,800
Minimum [Member]
Finite-Lived Intangible Asset, Useful Life	3 years
Maximum [Member]
Finite-Lived Intangible Asset, Useful Life	20 years

Nature of Operations and Summ_8

Nature of Operations and Summary of Significant Accounting Policies Purchase of Investments (Details) $ in Thousands	Sep. 30, 2022 USD ($)
Automated Bookkeeping, Inc. [Member] | Preferred Stock [Member]
Investment Owned, at Cost	$ 18,250

Nature of Operations and Summ_9

Nature of Operations and Summary of Significant Accounting Policies Treasury Stock (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2022	Jun. 30, 2022
Class of Stock Disclosures [Abstract]
Treasury Stock, Common, Shares	31,043
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased	3,948
Treasury Stock, Value	$ 1,807,118	$ 1,807,118
Treasury Stock, Shares, Acquired	0

Revenue and Deferred Costs Disa

Revenue and Deferred Costs Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Disaggregation of Revenue [Line Items]
Revenue	$ 529,202	$ 488,056
Private & Public Cloud
Disaggregation of Revenue [Line Items]
Revenue	148,999	135,642
Product Delivery & Service [Member]
Disaggregation of Revenue [Line Items]
Revenue	57,523	51,516
On-Premise Support
Disaggregation of Revenue [Line Items]
Revenue	113,627	110,336
Services & Support [Member]
Disaggregation of Revenue [Line Items]
Revenue	320,149	297,494
Processing [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 209,053	$ 190,562

Revenue and Deferred Costs Cont

Revenue and Deferred Costs Contract Balances (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Receivables, net	$ 247,541	$ 348,072
Contract Assets- Current	24,240	24,447
Contract Asset- Non-current	68,386	68,261
Contract Liabilities (Deferred Revenue)- Current	274,772	330,687
Contract Liabilities (Deferred Revenue)- Non- current	$ 70,374	$ 71,485

Revenue and Deferred Costs Re_3

Revenue and Deferred Costs Revenue Recognition Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Revenue from Contract with Customer [Abstract]
Revenue recognized from beginning deferred balance	$ 97,990	$ 99,316
Future revenue related to unsatisfied performance obligations	$ 5,643,334
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Future revenue related to unsatisfied performance obligations, expected percentage to be recognized for given time frame	26%
Future revenue related to unsatisfied performance obligations, expected timing	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Future revenue related to unsatisfied performance obligations, expected percentage to be recognized for given time frame	20%
Future revenue related to unsatisfied performance obligations, expected timing	12 months

Revenue and Deferred Costs Co_2

Revenue and Deferred Costs Contract Costs (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Capitalized Contract Cost	$ 397,833		$ 380,095
Amortization of deferred contract costs	$ 41,980	$ 35,844

Fair Value Measures and Discl_4

Fair Value Measures and Disclosures (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022
Certificates of Deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Certificates of Deposit	$ 1,213	$ 1,212
Certificates of Deposit | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Certificates of Deposit	0	0
Certificates of Deposit | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Certificates of Deposit	1,213	1,212
Certificates of Deposit | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Certificates of Deposit	0	0
Revolving Credit Facility [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Revolving Credit Facility	245,000	115,000
Revolving Credit Facility [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Revolving Credit Facility	0	0
Revolving Credit Facility [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Revolving Credit Facility	245,000	115,000
Revolving Credit Facility [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Revolving Credit Facility	$ 0	$ 0

Leases Leases (Details)

Leases Leases (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2022
Operating Lease, Right-of-Use Asset	$ 46,452		$ 46,869
Finance Lease, Right-of-Use Asset	39		65
Present value of lease liabilities	50,932		51,452
Operating Lease, Liability, Current	10,546		10,681
Operating Lease, Liability, Noncurrent	40,386		40,771
Finance Lease, Liability, Current	41		67
Accumulated Amortization Operating Lease Right-of-use asset	33,478		31,006
Accumulated Amortization Finance Lease Right-of-use asset	276		$ 255
Operating Lease, Cost	3,059	$ 3,432
Finance Lease, Cost	21	28
Variable Lease, Cost	928	399
Operating Lease, Payments	3,110	3,031
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	2,296	272
Finance Lease, Interest Payment on Liability	$ 22	$ 29
Operating Lease, Weighted Average Remaining Lease Term	74 months		76 months
Operating Lease, Weighted Average Discount Rate, Percent	2.60%		2.58%
Finance Lease, Weighted Average Remaining Lease Term	6 months		9 months
Finance Lease, Weighted Average Discount Rate, Percent	2.23%		2.29%
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other non-current assets		Other non-current assets
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Accrued expenses		Accrued expenses
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other long-term liabilities		Other long-term liabilities
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	PROPERTY AND EQUIPMENT, net		PROPERTY AND EQUIPMENT, net
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Notes payable and current maturities of long-term debt		Notes payable and current maturities of long-term debt
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]			Debt, net of current maturities
Minimum [Member]
Remaining lease terms	1 year
Maximum [Member]
Remaining lease terms	11 years

Leases Lease Maturity (Details)

Leases Lease Maturity (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022
2023 (remaining period)	$ 9,019
2024	10,696
2025	7,952
2026	7,046
2027	6,265
Thereafter	14,296
Total lease payments	55,274
Less: interest	(4,342)
Present value of lease liabilities	50,932	$ 51,452
Operating Lease Liability Option To Extend Amounts	5,464
Commitments [Member]
Lessee, lease not yet commenced, future minimum payments due	$ 6,128

Debt Narrative (Details)

Debt Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2022
Debt Instrument [Line Items]
Interest paid	$ 1,333	$ 234
Unsecured Debt [Member]
Debt Instrument [Line Items]
Unsecured Loan, Unused Borrowing Capacity	$ 5,000
Unsecured Loan, Maturity Date	Apr. 30, 2023
Unsecured Loan, Amount Outstanding	$ 0		$ 0
Line of Credit [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Revolving Credit Facility, Current Borrowing Capacity	600,000		300,000
Revolving Credit Facility, Maximum Borrowing Capacity	$ 1,000,000		700,000
Revolving Credit Facility, Expiration Date	Aug. 31, 2027	Feb. 10, 2025
Long-term Debt	$ 245,000		$ 115,000
Fed Funds Effective Rate Overnight Index Swap Rate [Member] | Line of Credit [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Basis Spread on Variable Rate	0.50%	0.50%
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Line of Credit [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Basis Spread on Variable Rate	1%
London Interbank Offered Rate (LIBOR) [Member] | Line of Credit [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Basis Spread on Variable Rate		1%
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, 2022	Sep. 30, 2021
Effective Tax Rate	23.50%	23.40%
Income Taxes Paid, Net	$ 2,828	$ 15,187
Unrecognized Tax Benefits	9,586
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	8,532
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	1,360
Minimum [Member]
Expiration of statutes of limitations impact on UTB balance	1,500
Maximum [Member]
Expiration of statutes of limitations impact on UTB balance	$ 3,500

Stock Based Compensation Narrat

Stock Based Compensation Narrative (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expense for stock-based compensation	$ 6,998	$ 6,071
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	3 years 9 months
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense yet to be recognized, period for recognition	1 year 3 months
Compensation expense yet to be recognized	$ 37,428
Granted, number of shares	112
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, number of shares	42
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	70
Fair value on grant date less PV of dividends [Member] | Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, number of shares	17
Fair value under Monte Carlo [Member] | Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, number of shares	25

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, 2022 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding, period start, number of shares | shares	12
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	12
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 | $	$ 1,084
Vested and expected to vest, period end, number of shares | shares	12
Vested and expected to vest, period end, weighted average exercise price | $ / shares	$ 87.27
Vested and expected to vest, period end, intrinsic value | $	$ 1,084
Exercisable, period end, number of shares | shares	12
Exercisable, period end, weighted average exercise price | $ / shares	$ 87.27
Exercisable, period end, intrinsic value | $	$ 1,084

Stock Based Compensation Restri

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, 2022 USD ($) $ / shares shares
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	303
Granted, number of shares | shares	112
Vested, number of shares | shares	(20)
Forfeited, number of shares | shares	(4)
Outstanding, period end, number of shares | shares	391
Outstanding, period start, weighted average grant date fair value | $ / shares	$ 166.50
Granted, weighted average grant date fair value | $ / shares	223.96
Vested, weighted average grant date fair value | $ / shares	170.87
Forfeited, weighted average grant date fair value | $ / shares	173.71
Outstanding, period end, weighted average grant date fair value | $ / shares	$ 182.68
Restricted Stock Units, Aggregate Intrinsic Value, Outstanding | $	$ 71,376

Stock Based Compensation RSU Me

Stock Based Compensation RSU Measurement Date Assumptions (Details) - Compensation Peer Group [Member] - Performance Shares [Member] - USD ($)	3 Months Ended
	Sep. 30, 2022	Jun. 30, 2022
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Volatility	29.40%
Risk free interest rate	2.96%
Annual dividend based on most recent quarterly dividend	$ 1.96
Dividend yield	0.94%
Beginning average percentile rank for TSR		71%

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, 2022	Sep. 30, 2021
Earnings Per Share, Basic and Diluted [Abstract]
Net Income	$ 106,549	$ 102,114
Common share information:
Weighted average shares outstanding for basic earnings per share	72,896	74,016
Dilutive effect of stock options and restricted stock	242	126
Weighted average shares outstanding for diluted earnings per share	73,138	74,142
Basic earnings per share	$ 1.46	$ 1.38
Diluted earnings per share	$ 1.46	$ 1.38
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	11	22

Business Acquisitions (Details)

Business Acquisitions (Details) - USD ($) $ in Thousands		3 Months Ended
	Aug. 31, 2022	Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2022
Business Acquisition [Line Items]
Goodwill		$ 804,155		$ 687,458
REVENUE		529,202	$ 488,056
Net Income		106,549	102,114
Payrailz [Member]
Business Acquisition [Line Items]
Business Acquisition, Effective Date of Acquisition	Aug. 31, 2022
Payments to Acquire Businesses, Gross	$ 229,563
Escrow deposit related to acquisition	48,500
Current assets	1,851
Identifiable intangible assets	119,868
Deferred revenue	(8,104)
Total other liabilities assumed	(749)
Total identifiable net assets	112,866
Net assets acquired	229,563
Cash Acquired from Acquisition	577
Acquired Receivable, Fair Value	978
Acquired Receivables, Estimated Uncollectible	0
Acquired Receivables, Gross Contractual Amount	978
Costs incurred related to acquisition	458
Revenue of Acquiree since Acquisition Date, Actual		738
Earnings or Loss of Acquiree since Acquisition Date, Actual		(1,870)
Acquisition, amortization expense included in pro forma net income		1,957	2,935
Business Acquisition, Pro Forma Revenue		530,829	489,397
Business Acquisition, Pro Forma Net Income (Loss)		102,012	97,098
Customer Relationships [Member] | Payrailz [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired	$ 6,109
Customer Relationships [Member] | Payrailz [Member] | Maximum [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets, Weighted Average Useful Life	15 years
Customer Relationships [Member] | Payrailz [Member] | Minimum [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets, Weighted Average Useful Life	10 years
Computer Software, Intangible Asset [Member] | Payrailz [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired	$ 112,505
Computer Software, Intangible Asset [Member] | Payrailz [Member] | Maximum [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets, Weighted Average Useful Life	15 years
Computer Software, Intangible Asset [Member] | Payrailz [Member] | Minimum [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets, Weighted Average Useful Life	10 years
Other Intangible Assets [Member] | Payrailz [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets Acquired	$ 1,254
Other Intangible Assets [Member] | Payrailz [Member] | Maximum [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets, Weighted Average Useful Life	15 years
Other Intangible Assets [Member] | Payrailz [Member] | Minimum [Member]
Business Acquisition [Line Items]
Identifiable Intangible Assets, Weighted Average Useful Life	10 years
Payments [Member]
Business Acquisition [Line Items]
REVENUE		$ 186,540	$ 172,591
Payments [Member] | Payrailz [Member]
Business Acquisition [Line Items]
Goodwill	$ 116,697
Acquisition goodwill expected to be tax deductible	$ 116,697

Reportable Segment Informatio_3

Reportable Segment Information Narrative (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2022 USD ($) segment
Segment Reporting [Abstract]
Number of Reportable Segments | segment	4
Payments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Reclassification of Revenue Between Reportable Segments	$ 2,969
Reclassification of Cost Between Reportable Segments	1,356
Complementary [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Reclassification of Revenue Between Reportable Segments	(3,703)
Reclassification of Cost Between Reportable Segments	(1,068)
Corporate and Other [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Reclassification of Revenue Between Reportable Segments	734
Reclassification of Cost Between Reportable Segments	$ (288)

Reportable Segment Informatio_4

Reportable Segment Information Reconciliation of Operating Profit by Segment to Consolidated (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	$ 529,202	$ 488,056
Cost of Revenue	298,261	276,636
Research and Development	32,993	26,754
Selling, General and Administrative	57,225	51,071
Total Expenses	388,479	354,461
OPERATING INCOME	140,723	133,595
INTEREST INCOME (EXPENSE)	(1,424)	(241)
INCOME BEFORE INCOME TAXES	139,299	133,354
Core [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	175,124	165,285
Cost of Revenue	72,240	66,902
SEGMENT INCOME	102,884	98,383
Payments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	186,540	172,591
Cost of Revenue	101,155	94,582
SEGMENT INCOME	85,385	78,009
Complementary [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	148,350	137,778
Cost of Revenue	58,437	54,417
SEGMENT INCOME	89,913	83,361
Corporate and Other [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	19,188	12,402
Cost of Revenue	66,429	60,735
SEGMENT INCOME	(47,241)	(48,333)
Services & Support [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	320,149	297,494
Services & Support [Member] | Core [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	165,024	155,838
Services & Support [Member] | Payments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	18,659	17,063
Services & Support [Member] | Complementary [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	118,147	112,806
Services & Support [Member] | Corporate and Other [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	18,319	11,787
Processing [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	209,053	190,562
Processing [Member] | Core [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	10,100	9,447
Processing [Member] | Payments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	167,881	155,528
Processing [Member] | Complementary [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	30,203	24,972
Processing [Member] | Corporate and Other [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	$ 869	$ 615