Jack Henry & Associates (JKHY) 10-Q 8 Nov 24 2025 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Sep. 30, 2024	Oct. 28, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Amendment Flag	false
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--06-30
Entity Central Index Key	0000779152
Entity File Number	0-14112
Entity Registrant Name	JACK HENRY & ASSOCIATES, INC.
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		72,959,325

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2024	Jun. 30, 2024
CURRENT ASSETS:
Cash and cash equivalents	$ 43,212	$ 38,284
Receivables, net	306,660	333,033
Income tax receivable	0	6,149
Prepaid expenses and other	190,537	168,768
Deferred costs	84,082	85,784
Assets held for sale	10,012	0
Total current assets	634,503	632,018
PROPERTY AND EQUIPMENT, net	212,253	215,069
OTHER ASSETS:
Non-current deferred costs	186,891	183,307
Computer software, net of amortization	599,816	592,761
Other non-current assets	413,758	417,621
Other intangible assets, net of amortization	21,815	22,151
Goodwill	804,797	804,797
Total other assets	2,081,755	2,077,394
Total assets	2,928,511	2,924,481
CURRENT LIABILITIES:
Accounts payable	20,492	25,314
Accrued expenses	180,201	200,770
Accrued income taxes	31,020	0
Current maturities of long-term debt	90,000	90,000
Deferred revenues	248,977	317,730
Total current liabilities	570,690	633,814
LONG TERM LIABILITIES:
Non-current deferred revenues	70,597	71,202
Deferred income tax liability	239,435	243,522
Debt, net of current maturities	50,000	60,000
Other long-term liabilities	72,761	73,579
Total long term liabilities	432,793	448,303
Total liabilities	$ 1,003,483	$ 1,082,117
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	104,332,023	104,245,089
Common stock - $0.01 par value; 250,000,000 shares authorized; 104,332,023 shares issued at September 30, 2024; 104,245,089 shares issued at June 30, 2024	$ 1,043	$ 1,042
Additional paid-in capital	623,381	619,805
Retained earnings	$ 3,160,777	$ 3,081,690
Treasury Stock, Common, Shares	31,372,959	31,372,959
Less treasury stock at cost; 31,372,959 shares at September 30, 2024; 31,372,959 shares at June 30, 2024	$ (1,860,173)	$ (1,860,173)
Total stockholders' equity	1,925,028	1,842,364
Total liabilities and equity	2,928,511	2,924,481
Customer Relationships [Member]
OTHER ASSETS:
Customer relationships, net of amortization	$ 54,678	$ 56,757

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Income Statement [Abstract]
Revenue	$ 600,982	$ 571,368
EXPENSES
Cost of Revenue	343,432	323,002
Research and Development	39,686	36,892
Selling, General, and Administrative	66,588	78,774
Total Expenses	449,706	438,668
OPERATING INCOME	151,276	132,700
INTEREST INCOME (EXPENSE)
Interest Income	8,347	4,745
Interest Expense	2,825	4,197
Total Interest Income (Expense)	5,522	548
INCOME BEFORE INCOME TAXES	156,798	133,248
PROVISION FOR INCOME TAXES	37,607	31,569
NET INCOME	$ 119,191	$ 101,679
Earnings Per Share
Basic earnings per share	$ 1.63	$ 1.40
Basic weighted average shares outstanding	72,905	72,869
Diluted earnings per share	$ 1.63	$ 1.39
Diluted weighted average shares outstanding	73,078	73,014

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, Common [Member]
Balance, beginning of period (value) at Jun. 30, 2023			$ 1,041	$ 583,836	$ 2,855,751	$ (1,832,118)
Shares, beginning of period at Jun. 30, 2023			104,088,784
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued for equity-based payment arrangements (shares)			31,057
Shares issued for Employee Stock Purchase Plan (shares)			24,708
Shares issued for equity-based payment arrangements (value)			$ 0	0
Tax withholding related to share-based compensation				(2,944)
Shares issued for Employee Stock Purchase Plan (value)				3,418
Stock-based compensation expense				7,148
Net Income	$ 101,679				101,679
Dividends					(37,863)
Purchase of treasury shares						(20,000)
Balance, end of period (value) at Sep. 30, 2023	$ 1,659,948		$ 1,041	591,458	2,919,567	(1,852,118)
Shares, end of period at Sep. 30, 2023			104,144,549
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared per share	$ 0.52
Preferred Shares		0
Balance, beginning of period (value) at Jun. 30, 2024	$ 1,842,364		$ 1,042	619,805	3,081,690	(1,860,173)
Shares, beginning of period at Jun. 30, 2024			104,245,089
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued for equity-based payment arrangements (shares)			65,387
Shares issued for Employee Stock Purchase Plan (shares)			21,547
Shares issued for equity-based payment arrangements (value)			$ 1	1
Tax withholding related to share-based compensation				(6,169)
Shares issued for Employee Stock Purchase Plan (value)				3,041
Stock-based compensation expense				6,705
Net Income	119,191				119,191
Dividends					(40,104)
Purchase of treasury shares						0
Balance, end of period (value) at Sep. 30, 2024	$ 1,925,028		$ 1,043	$ 623,381	$ 3,160,777	$ (1,860,173)
Shares, end of period at Sep. 30, 2024			104,332,023
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared per share	$ 0.55
Preferred Shares		0

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income	$ 119,191	$ 101,679
Adjustments to reconcile net income to net cash from operating activities:
Depreciation	11,273	12,052
Amortization	39,221	37,183
Change in deferred income taxes	(4,087)	(10,178)
Expense for stock-based compensation	6,705	7,148
(Gain)/loss on disposal of assets	(27)	(111)
Changes in operating assets and liabilities:
Change in receivables	26,373	72,519
Change in prepaid expenses, deferred costs and other	(18,788)	(17,356)
Change in accounts payable	(9,116)	(1,234)
Change in accrued expenses	(23,067)	(17,285)
Change in income taxes	38,576	39,044
Change in deferred revenues	(69,358)	(66,322)
Net cash from operating activities	116,896	157,139
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(12,801)	(7,612)
Proceeds from dispositions	0	852
Purchased software	(2,676)	(2,280)
Computer software developed	(42,259)	(41,486)
Proceeds from investments	1,000	0
Purchase of investments	(2,000)	0
Net cash from investing activities	(58,736)	(50,526)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings on credit facilities	75,000	135,000
Repayments on credit facilities	(85,000)	(165,000)
Purchase of treasury stock	0	(20,000)
Dividends paid	(40,104)	(37,863)
Proceeds from issuance of common stock upon exercise of stock options	1	0
Tax withholding payments related to share-based compensation	(6,169)	(2,944)
Proceeds from sale of common stock	3,040	3,418
Net cash from financing activities	(53,232)	(87,389)
NET CHANGE IN CASH AND CASH EQUIVALENTS	4,928	19,224
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	38,284	12,243
CASH AND CASH EQUIVALENTS, END OF PERIOD	$ 43,212	$ 31,467

Nature of Operations and Summar

Nature of Operations and Summary of Significant Accounting Policies (Text Block)	3 Months Ended
	Sep. 30, 2024
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,” or the “Company”) is a well-rounded financial technology company. Jack Henry 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 7,500 financial institutions and diverse corporate entities. Consolidation The condensed consolidated financial statements include the accounts of Jack Henry 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, 2024 and 2023, 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 three months ended September 30, 2024 and 2023: Three Months Ended September 30, 2024 2023 Allowance for credit losses - beginning balance $ 7,477 $ 7,955 Current provision for expected credit losses 480 480 Write-offs charged against allowance (629) (231) Other (71) — Allowance for credit losses - ending balance $ 7,257 $ 8,204 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, 2024, totaled $485,051 and at June 30, 2024, totaled $486,168. During the three months ended September 30, 2024, the Company received an offer to purchase one of its facilities and management has committed to a plan to sell the facility. At September 30, 2024, the facility included assets with a carrying value of approximately $10,012. The Company expects to record a gain on the sale upon closing. Total assets held for sale by the Company at September 30, 2024 and June 30, 2024 were $10,012 and $0, respectively, and were included in assets held for sale on the Company's balance sheets and were not included in property and equipment, net. 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 $1,318,719 and $1,279,499 at September 30, 2024, and June 30, 2024, respectively. Purchase of Investment At September 30, 2024, and June 30, 2024, the Company had $25,750 in non-current investments. These investments were recorded at cost and are included within other non-current assets on the Company's balance sheets. 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, 2024, there were 31,373 shares in treasury stock and the Company had the remaining authority to repurchase up to 3,618 additional shares. The total cost of treasury shares at September 30, 2024, was $1,860,173. During the first three months of fiscal 2025, the Company repurchased no shares. At June 30, 2024, there were 31,373 shares in treasury stock and the Company had the remaining authority to repurchase up to 3,618 additional shares. The total cost of treasury shares at June 30, 2024, was $1,860,173 and the Company repurchased 129 shares during the first three months of fiscal 2024. 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, 2024. 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, 2024, the results of its operations for the three months ended September 30, 2024 and 2023, changes in stockholders' equity for the three months ended September 30, 2024 and 2023, and its cash flows for the three months ended September 30, 2024 and 2023. The condensed consolidated balance sheet at June 30, 2024, 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, 2024, 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. Significant Accounting Policies 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, 2024. For the three months ended September 30, 2024, there have been no new or material changes to the significant accounting policies discussed in the Company’s Form 10-K for the fiscal year ended June 30, 2024, that are of significance, or potential significance, to the Company.

Recent Accounting Pronouncement

Recent Accounting Pronouncements Recent Accounting Pronouncements (Text Block)	3 Months Ended
	Sep. 30, 2024
Accounting Standards Update and Change in Accounting Principle [Abstract]
Recent Accounting Guidance [Text Block]	RECENT ACCOUNTING PRONOUNCEMENTS Not Yet Adopted In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which improves the disclosures about a public entity's reportable segments through enhanced disclosures about significant segment expenses that are regularly provided to the chief operating decision maker. The ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, and should be applied retrospectively to all prior periods presented in the financial statements. Early adoption is permitted. The Company is currently evaluating the impact of this ASU on its consolidated financial statements and related disclosures. In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which enhances the transparency and decision usefulness of income tax disclosures. The ASU requires additional disclosure related to rate reconciliation, income taxes paid, and other disclosures to improve the effectiveness of income tax disclosures. The ASU is effective for annual periods beginning after December 15, 2024, and applied on a prospective basis. Early adoption and retrospective application is permitted. The Company is currently evaluating the impact of this ASU on its consolidated financial statements and related disclosures.

Revenue and Deferred Costs Reve

Revenue and Deferred Costs Revenue and Deferred Costs (Notes)	3 Months Ended
	Sep. 30, 2024
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 and hosting, 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 10, Reportable Segment Information, for disaggregated revenue by type and reportable segment. The majority of the Company’s revenue is earned domestically, with revenue from clients outside the United States comprising less than 1% of total revenue. Three Months Ended September 30, 2024 2023 Private and Public Cloud $ 182,260 $ 163,489 Product Delivery and Services 57,663 60,839 On-Premise Support 116,756 117,877 Services and Support 356,679 342,205 Processing 244,303 229,163 Total Revenue $ 600,982 $ 571,368 Contract Balances The following table provides information about contract assets and contract liabilities from contracts with clients. September 30, June 30, Receivables, net $ 306,660 $ 333,033 Contract Assets - Current 33,913 33,610 Contract Assets - Non-current 101,739 103,295 Contract Liabilities (Deferred Revenue) - Current 248,977 317,730 Contract Liabilities (Deferred Revenue) - Non-current 70,597 71,202 Contract assets primarily result from revenue being recognized when or as control of a solution or service is transferred to the client, 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 sheets, and the non-current portion is included in other non-current assets. Contract liabilities (deferred revenue) primarily relate to consideration received from clients in advance of delivery of the related goods and services to the client. 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, 2024, and 2023, the Company recognized revenue of $94,159 and $99,220, 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, 2024, 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 $7,137,233. The Company expects to recognize approximately 24% 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 clients that are expected to be recovered. These costs consist primarily of sales commissions, which are incurred only if a contract is obtained, and client 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 $505,993 and $503,152, at September 30, 2024, and June 30, 2024, respectively. For the three months ended September 30, 2024, and 2023, amortization of deferred contract costs totaled $54,907 and $50,537, 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, 2024
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, 2024 Financial Assets: Certificates of Deposit $ — $ 4,459 $ — $ 4,459 Financial Liabilities: Credit facilities $ — $ 140,000 $ — $ 140,000 June 30, 2024 Financial Assets: Certificates of Deposit $ — $ 3,505 $ — $ 3,505 Financial Liabilities: Credit facilities $ — $ 150,000 $ — $ 150,000

Leases Leases (Notes)

Leases Leases (Notes)	3 Months Ended
	Sep. 30, 2024
Leases [Abstract]
Lessee, Operating Leases [Text Block]	LEASES The Company determines if an arrangement is a lease, or contains a lease, at inception. The lease term begins on the commencement date, which is the date the Company takes possession of the property and may include options to extend or terminate the lease when it is reasonably certain that the option will be exercised. 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 4 months to 9 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, 2024, and June 30, 2024, the Company had operating lease assets of $51,892 and $53,981, respectively. At September 30, 2024, total operating lease liabilities of $57,902 were comprised of current operating lease liabilities of $8,977 and noncurrent operating lease liabilities of $48,925. At June 30, 2024, total operating lease liabilities of $59,604 were comprised of current operating lease liabilities of $8,454 and noncurrent operating lease liabilities of $51,150. Operating lease assets are included within other non-current assets accrued expenses other long-term liabilities Operating lease costs for the three months ended September 30, 2024, and 2023, were $2,893 and $2,468, respectively. Total operating lease costs for the respective quarters included variable lease costs of $554 and $544, respectively. Operating lease expense is included within cost of services, research and development, and selling, general and administrative expense, dependent upon the nature and use of the ROU asset, in the Company’s condensed consolidated statements of income. For the three months ended September 30, 2024, and 2023, the Company had operating cash flows for payments on operating leases of $2,505 and $2,171, and ROU assets obtained in exchange for operating lease liabilities of $7 and $0, respectively. As of September 30, 2024, and June 30, 2024, the weighted-average remaining lease term for the Company's operating leases was 75 months and 78 months, and the weighted-average discount rate was 2.70% and 2.70%, respectively. Maturity of Lease Liabilities under ASC 842 Future minimum rental payments on operating leases with initial non-cancellable lease terms in excess of one year were due as follows at September 30, 2024: Due Dates (fiscal year) Future Minimum Rental Payments 2025 (remaining period) $ 8,108 2026 11,048 2027 10,455 2028 10,106 2029 7,548 Thereafter 17,667 Total lease payments $ 64,932 Less: interest (7,030) Present value of lease liabilities $ 57,902
Lessor, Operating Leases	The Company may sublease its facilities from time to time to third parties. Sublease income is recognized on a straight-line basis over the lease term, and is included within revenue on the Company's condensed consolidated statements of income. On September 30, 2023, the Company entered into an agreement with a third party to sublease a portion of its Elizabethtown, Kentucky facility. The commencement date of the sublease was October 1, 2023, and it had an initial term of 57 months. Sublease income for the three months ended September 30, 2024 was $271. There have been no indications of impairment related to the underlying right-of-use asset. Minimum Sublease Payments At September 30, 2024, the future total minimum sublease payments to be received were as follows: Due Dates (fiscal year) Future Minimum Sublease Receipts 2025 (remaining period) $ 610 2026 831 2027 856 2028 882 Total sublease receipts $ 3,179

Debt (Text Block)

Debt (Text Block)	3 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Debt Disclosures [Text Block]	DEBT Credit facilities On August 31, 2022, the Company entered into a five-year senior, unsecured amended and restated credit agreement that replaced a prior credit facility that was entered into on February 10, 2020. 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 (i) 0%, (ii) the Prime Rate for such day, (iii) the sum of the Federal Funds Effective Rate for such day plus 0.50% per annum and (iv) 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, 2024, the Company was in compliance with all such covenants. The amended and restated credit facility terminates August 31, 2027. There was $50,000 and $60,000 outstanding under the amended and restated credit facility at September 30, 2024 and June 30, 2024, respectively. Term loan facility On May 16, 2023, the Company entered into a term loan credit agreement with a syndicate of financial institutions, with an original principal balance of $180,000. Borrowings under the term loan facility bear interest at a variable rate equal to (a) a rate based on an adjusted SOFR term rate or (b) an alternate base rate (the highest of (i) 0%, (ii) the Prime Rate for such day, (iii) the sum of the Federal Funds Effective Rate for such day plus 0.50% per annum and (iv) 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 0.75%), plus an applicable percentage in each case determined by the Company's leverage ratio. The term loan 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 term loan credit agreement. As of September 30, 2024, the Company was in compliance with all such covenants. The term loan credit agreement has a maturity date of May 16, 2025. There was $90,000 outstanding under the term loan at September 30, 2024 and June 30, 2024. 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 1.0%. The credit line expires on April 30, 2025. There was no balance outstanding at September 30, 2024, or June 30, 2024. Interest The Company paid interest of $1,588 and $3,509 during the three months ended September 30, 2024, and 2023, respectively.

Income Taxes (Text Block)

Income Taxes (Text Block)	3 Months Ended
	Sep. 30, 2024
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	INCOME TAXES The effective tax rate increased for the three months ended September 30, 2024, compared to the three months ended September 30, 2023, with an effective tax rate of 24.0% of income before income taxes, compared to 23.7% in the prior fiscal year quarter. The Company paid income taxes, net of refunds, of $3,006 and $2,569 in the three months ended September 30, 2024, and 2023, respectively. At September 30, 2024, the Company had $20,084 of gross unrecognized tax benefits before interest and penalties, $18,153 of which, if recognized, would affect our effective tax rate. The Company had accrued interest and penalties of $3,752 related to uncertain tax positions at September 30, 2024. The U.S. federal and state income tax returns for fiscal 2021 and all subsequent years remain subject to examination as of September 30, 2024, under statute of limitations rules. In addition, certain U.S. state income tax returns remain subject to examination as of September 30, 2024, under the statute of limitation rules from fiscal 2016 through 2020. The Company anticipates potential changes due to lapsing of statutes of limitations, and examination closures could reduce the unrecognized tax benefits balance by $3,000 to $7,000 within twelve months of September 30, 2024.

Stock Based Compensation (Text

Stock Based Compensation (Text Block)	3 Months Ended
	Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]
Share-based Payment Arrangement [Text Block]	STOCK-BASED COMPENSATION Our operating income for the three months ended September 30, 2024, and 2023, included $6,705 and $7,148 of stock-based compensation costs, respectively. On November 10, 2015, the Company adopted the 2015 Equity Incentive Plan (“2015 EIP”) for its associates 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. Stock option awards Under the 2015 EIP, 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. During the three months ended September 30, 2024, there were no options granted, forfeited, or exercised. At September 30, 2024, 12 options were outstanding at a weighted average exercise price of $87.27 with an aggregate intrinsic value of $1,043. At September 30, 2024, there was no compensation cost yet to be recognized related to outstanding options. All of the options are currently exercisable, with a weighted average remaining contractual term (remaining period of exercisability) of 1.75 years as of September 30, 2024. Restricted stock unit and performance unit awards The Company issues unit awards under the 2015 EIP. Restricted stock unit awards (which are unit awards that have service requirements only and are not tied to performance measures) generally vest over a period of 1 to 3 years. Performance unit awards are awards that have performance measures in addition to service requirements. The following table summarizes non-vested restricted stock unit awards and performance awards as of September 30, 2024: Unit awards Units Weighted Average Grant Date Fair Value Per Unit Aggregate Intrinsic Value Outstanding July 1, 2024 325 $ 189.68 Granted 1 145 172.15 Vested (92) 194.47 Forfeited 2 (10) 181.14 Outstanding September 30, 2024 368 $ 181.83 $ 64,903 1 Granted includes restricted stock unit awards and performance unit awards with market conditions at 100% achievement. 2 Forfeited includes restricted stock unit awards and performance unit awards forfeited for service requirements not met and performance unit awards not settled due to underachievement of performance measures. Of the 145 unit awards granted in fiscal 2025, 101 were restricted stock unit awards and 44 were performance unit awards. The restricted stock unit awards 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. 18 of the performance unit awards granted in fiscal 2025 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 performance 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 performance 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. 26 of the performance unit awards have market conditions and 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 performance unit 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 Human Capital & Compensation Committee of the Company's Board of Directors for fiscal year 2025. 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 2025 Compensation Peer Group: Volatility 24.5 % Risk free interest rate 3.72 % Annual dividend based on most recent quarterly dividend $2.20 Dividend yield 1.29 % Beginning average percentile rank for TSR 41.0 % At September 30, 2024, there was $37,964 of compensation expense that has yet to be recognized related to non-vested restricted stock unit and performance stock unit awards, which will be recognized over a weighted average period of 1.47 years.

Earnings Per Share Earnings Per

Earnings Per Share Earnings Per Share (Text Block)	3 Months Ended
	Sep. 30, 2024
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, 2024 2023 Net Income $ 119,191 $ 101,679 Common share information: Weighted average shares outstanding for basic earnings per share 72,905 72,869 Dilutive effect of stock options, restricted stock units, and performance units 173 145 Weighted average shares outstanding for diluted earnings per share 73,078 73,014 Basic earnings per share $ 1.63 $ 1.40 Diluted earnings per share $ 1.63 $ 1.39 Per share information is based on the weighted average number of common shares outstanding for the three months ended September 30, 2024, and 2023. Stock options, restricted stock units, and performance units have been included in the calculation of diluted earnings per share to the extent they are dilutive. There were nominal anti-dilutive stock options, restricted stock units, or performance units excluded for the three months ended September 30, 2024 and 2023.

Reportable Segment Information

Reportable Segment Information (Text Block)	3 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Reportable Segment Information Disclosure [Text Block]	REPORTABLE SEGMENT INFORMATION The Company is a well-rounded financial technology company and is a leading provider of technology solutions and payment processing services primarily to community and regional financial institutions. The Company’s operations are classified into four reportable segments: Core, Payments, Complementary, and Corporate and Other. The Core segment provides core information processing platforms to banks and credit unions, which consist of integrated applications required to process deposit, loan, and general ledger transactions, and maintain centralized customer/member information. The Payments segment provides secure payment processing tools and services, including ATM, debit, and credit card processing services, online and mobile bill pay solutions, Automated Clearing House (“ACH”) origination and remote deposit capture processing, and risk management products and services. The Complementary segment provides additional software, hosted processing platforms, and services, including digital/mobile banking, treasury services, online account opening, fraud/anti-money laundering ("AML") and lending/deposit solutions that can be integrated with the Company's Core solutions, and many can be used independently. The Corporate and Other segment includes revenue and costs from hardware and other products not attributed to any of the other three segments, as well as operating expenses 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 between segments to reclassify cost of revenue that was recognized for the three months ended September 30, 2023. These reclasses were made to be consistent with the current allocation of cost of revenue by segment. Cost of revenue reclassed for the three months ended September 30, 2023, from Complementary to Corporate and Other, was $1,318. Three Months Ended September 30, 2024 Core Payments Complementary Corporate and Other Total REVENUE Services and Support $ 184,866 $ 22,743 $ 129,993 $ 19,077 $ 356,679 Processing 10,758 189,180 41,709 2,656 244,303 Total Revenue 195,624 211,923 171,702 21,733 600,982 Cost of Revenue 81,420 113,020 65,967 83,025 343,432 Research and Development 39,686 Selling, General, and Administrative 66,588 Total Expenses 449,706 SEGMENT INCOME $ 114,204 $ 98,903 $ 105,735 $ (61,292) OPERATING INCOME 151,276 INTEREST INCOME (EXPENSE) 5,522 INCOME BEFORE INCOME TAXES $ 156,798 Three Months Ended September 30, 2023 Core Payments Complementary Corporate and Other Total REVENUE Services and Support $ 175,744 $ 19,903 $ 124,270 $ 22,288 $ 342,205 Processing 10,695 179,455 37,096 1,917 229,163 Total Revenue 186,439 199,358 161,366 24,205 571,368 Cost of Revenue 75,927 108,826 60,957 77,292 323,002 Research and Development 36,892 Selling, General, and Administrative 78,774 Total Expenses 438,668 SEGMENT INCOME $ 110,512 $ 90,532 $ 100,409 $ (53,087) OPERATING INCOME 132,700 INTEREST INCOME (EXPENSE) 548 INCOME BEFORE INCOME TAXES $ 133,248 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, 2024
Subsequent Events [Abstract]
Subsequent Events [Text Block]	SUBSEQUENT EVENTS On October 31, 2024, the Company entered into a new line of credit, the Discretionary Line of Credit Demand Note, with Fifth Third Bank in the amount of $50,000 and bears interest at the prime rate less 2.0%. The line of credit renews annually.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Net Income	$ 119,191	$ 101,679

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Nature of Operations and Summ_2

Nature of Operations and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Consolidation	The condensed consolidated financial statements include the accounts of Jack Henry 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, 2024 and 2023, 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.
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.
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 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.

Fair Value Measures and Discl_2

Fair Value Measures and Disclosures (Policies)	3 Months Ended
	Sep. 30, 2024
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, 2024
Leases [Abstract]
Lessee, Leases [Policy Text Block]	The Company determines if an arrangement is a lease, or contains a lease, at inception. The lease term begins on the commencement date, which is the date the Company takes possession of the property and may include options to extend or terminate the lease when it is reasonably certain that the option will be exercised. 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 4 months to 9 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.
Lessor, Leases	The Company may sublease its facilities from time to time to third parties. Sublease income is recognized on a straight-line basis over the lease term, and is included within revenue on the Company's condensed consolidated statements of income.

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, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Allowance for Credit Losses	The following table summarizes allowance for credit losses activity for the three months ended September 30, 2024 and 2023: Three Months Ended September 30, 2024 2023 Allowance for credit losses - beginning balance $ 7,477 $ 7,955 Current provision for expected credit losses 480 480 Write-offs charged against allowance (629) (231) Other (71) — Allowance for credit losses - ending balance $ 7,257 $ 8,204

Revenue and Deferred Costs Re_2

Revenue and Deferred Costs Revenue and Deferred Costs (Tables)	3 Months Ended
	Sep. 30, 2024
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 10, Reportable Segment Information, for disaggregated revenue by type and reportable segment. The majority of the Company’s revenue is earned domestically, with revenue from clients outside the United States comprising less than 1% of total revenue. Three Months Ended September 30, 2024 2023 Private and Public Cloud $ 182,260 $ 163,489 Product Delivery and Services 57,663 60,839 On-Premise Support 116,756 117,877 Services and Support 356,679 342,205 Processing 244,303 229,163 Total Revenue $ 600,982 $ 571,368
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 clients. September 30, June 30, Receivables, net $ 306,660 $ 333,033 Contract Assets - Current 33,913 33,610 Contract Assets - Non-current 101,739 103,295 Contract Liabilities (Deferred Revenue) - Current 248,977 317,730 Contract Liabilities (Deferred Revenue) - Non-current 70,597 71,202

Fair Value Measures and Discl_3

Fair Value Measures and Disclosures (Tables)	3 Months Ended
	Sep. 30, 2024
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, 2024 Financial Assets: Certificates of Deposit $ — $ 4,459 $ — $ 4,459 Financial Liabilities: Credit facilities $ — $ 140,000 $ — $ 140,000 June 30, 2024 Financial Assets: Certificates of Deposit $ — $ 3,505 $ — $ 3,505 Financial Liabilities: Credit facilities $ — $ 150,000 $ — $ 150,000

Leases Leases (Tables)

Leases Leases (Tables)	3 Months Ended
	Sep. 30, 2024
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, 2024: Due Dates (fiscal year) Future Minimum Rental Payments 2025 (remaining period) $ 8,108 2026 11,048 2027 10,455 2028 10,106 2029 7,548 Thereafter 17,667 Total lease payments $ 64,932 Less: interest (7,030) Present value of lease liabilities $ 57,902
Lessor, Operating Lease, Payment to be Received, Maturity	Minimum Sublease Payments At September 30, 2024, the future total minimum sublease payments to be received were as follows: Due Dates (fiscal year) Future Minimum Sublease Receipts 2025 (remaining period) $ 610 2026 831 2027 856 2028 882 Total sublease receipts $ 3,179

Stock Based Compensation (Table

Stock Based Compensation (Tables)	3 Months Ended
	Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]
Schedule of Nonvested Share Activity	The following table summarizes non-vested restricted stock unit awards and performance awards as of September 30, 2024: Unit awards Units Weighted Average Grant Date Fair Value Per Unit Aggregate Intrinsic Value Outstanding July 1, 2024 325 $ 189.68 Granted 1 145 172.15 Vested (92) 194.47 Forfeited 2 (10) 181.14 Outstanding September 30, 2024 368 $ 181.83 $ 64,903 1 Granted includes restricted stock unit awards and performance unit awards with market conditions at 100% achievement. 2 Forfeited includes restricted stock unit awards and performance unit awards forfeited for service requirements not met and performance unit awards not settled due to underachievement of performance measures.
Schedule Of Share Based Payment Award PSU 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 2025 Compensation Peer Group: Volatility 24.5 % Risk free interest rate 3.72 % Annual dividend based on most recent quarterly dividend $2.20 Dividend yield 1.29 % Beginning average percentile rank for TSR 41.0 %

Earnings Per Share Earnings P_2

Earnings Per Share Earnings Per Share (Tables)	3 Months Ended
	Sep. 30, 2024
Earnings Per Share [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, 2024 2023 Net Income $ 119,191 $ 101,679 Common share information: Weighted average shares outstanding for basic earnings per share 72,905 72,869 Dilutive effect of stock options, restricted stock units, and performance units 173 145 Weighted average shares outstanding for diluted earnings per share 73,078 73,014 Basic earnings per share $ 1.63 $ 1.40 Diluted earnings per share $ 1.63 $ 1.39

Reportable Segment Informatio_2

Reportable Segment Information (Tables)	3 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Three Months Ended September 30, 2024 Core Payments Complementary Corporate and Other Total REVENUE Services and Support $ 184,866 $ 22,743 $ 129,993 $ 19,077 $ 356,679 Processing 10,758 189,180 41,709 2,656 244,303 Total Revenue 195,624 211,923 171,702 21,733 600,982 Cost of Revenue 81,420 113,020 65,967 83,025 343,432 Research and Development 39,686 Selling, General, and Administrative 66,588 Total Expenses 449,706 SEGMENT INCOME $ 114,204 $ 98,903 $ 105,735 $ (61,292) OPERATING INCOME 151,276 INTEREST INCOME (EXPENSE) 5,522 INCOME BEFORE INCOME TAXES $ 156,798 Three Months Ended September 30, 2023 Core Payments Complementary Corporate and Other Total REVENUE Services and Support $ 175,744 $ 19,903 $ 124,270 $ 22,288 $ 342,205 Processing 10,695 179,455 37,096 1,917 229,163 Total Revenue 186,439 199,358 161,366 24,205 571,368 Cost of Revenue 75,927 108,826 60,957 77,292 323,002 Research and Development 36,892 Selling, General, and Administrative 78,774 Total Expenses 438,668 SEGMENT INCOME $ 110,512 $ 90,532 $ 100,409 $ (53,087) OPERATING INCOME 132,700 INTEREST INCOME (EXPENSE) 548 INCOME BEFORE INCOME TAXES $ 133,248

Nature of Operations and Summ_4

Nature of Operations and Summary of Significant Accounting Policies (Details)	Sep. 30, 2024 client
Accounting Policies [Abstract]
Entity number of customers	7,500

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, 2024	Sep. 30, 2023
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses - beginning balance	$ 7,477	$ 7,955
Current provision for expected credit losses	480	480
Write-offs charged against allowance	(629)	(231)
Other	(71)	0
Allowance for credit losses - ending balance	$ 7,257	$ 8,204

Nature of Operations and Summ_6

Nature of Operations and Summary of Significant Accounting Policies Property and Equipment (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Jun. 30, 2024
Property, Plant and Equipment [Abstract]
Accumulated Depreciation, Property and Equipment	$ 485,051	$ 486,168
Assets held for sale	$ 10,012	$ 0

Nature of Operations and Summ_7

Nature of Operations and Summary of Significant Accounting Policies Intangible Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Jun. 30, 2024
Finite-Lived Intangible Assets, Accumulated Amortization	$ 1,318,719	$ 1,279,499
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) - USD ($) $ in Thousands	Sep. 30, 2024	Jun. 30, 2024
Nonconsolidated Investees, Other | Other Security Investments
Investment Owned, at Cost	$ 25,750	$ 25,750

Nature of Operations and Summ_9

Nature of Operations and Summary of Significant Accounting Policies Treasury Stock (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024
Class of Stock Disclosures [Abstract]
Treasury Stock, Common, Shares	31,372,959		31,372,959
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased	3,618,000		3,618,000
Treasury Stock, Value	$ 1,860,173		$ 1,860,173
Treasury Stock, Shares, Acquired	0	129,000

Revenue and Deferred Costs Disa

Revenue and Deferred Costs Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Revenue	$ 600,982	$ 571,368
Private and Public Cloud
Disaggregation of Revenue [Line Items]
Revenue	182,260	163,489
Product Delivery and Service [Member]
Disaggregation of Revenue [Line Items]
Revenue	57,663	60,839
On-Premise Support
Disaggregation of Revenue [Line Items]
Revenue	116,756	117,877
Services and Support [Member]
Disaggregation of Revenue [Line Items]
Revenue	356,679	342,205
Processing [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 244,303	$ 229,163

Revenue and Deferred Costs Cont

Revenue and Deferred Costs Contract Balances (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Jun. 30, 2024
Revenue from Contract with Customer [Abstract]
Receivables, net	$ 306,660	$ 333,033
Contract Assets - Current	33,913	33,610
Contract Asset- Non-current	101,739	103,295
Contract Liabilities (Deferred Revenue) - Current	248,977	317,730
Contract Liabilities (Deferred Revenue) - Non-current	$ 70,597	$ 71,202

Revenue and Deferred Costs Re_3

Revenue and Deferred Costs Revenue Recognition Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Revenue from Contract with Customer [Abstract]
Revenue recognized from beginning deferred balance	$ 94,159	$ 99,220
Future revenue related to unsatisfied performance obligations	$ 7,137,233
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-10-01
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	24%
Future revenue related to unsatisfied performance obligations, expected timing	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-10-01
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	19%
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, 2024	Sep. 30, 2023	Jun. 30, 2024
Revenue from Contract with Customer [Abstract]
Capitalized Contract Cost	$ 505,993		$ 503,152
Amortization of deferred contract costs	$ 54,907	$ 50,537

Fair Value Measures and Discl_4

Fair Value Measures and Disclosures (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Sep. 30, 2024	Jun. 30, 2024
Certificates of Deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Certificates of Deposit	$ 4,459	$ 3,505
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	4,459	3,505
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
Credit facilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Credit facilities	140,000	150,000
Credit facilities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Credit facilities	0	0
Credit facilities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Credit facilities	140,000	150,000
Credit facilities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Credit facilities	$ 0	$ 0

Leases Leases (Details)

Leases Leases (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024
Operating Lease, Right-of-Use Asset	$ 51,892		$ 53,981
Present value of lease liabilities	57,902		59,604
Operating Lease, Liability, Current	8,977		8,454
Operating Lease, Liability, Noncurrent	$ 48,925		$ 51,150
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
Accumulated Amortization Operating Lease Right-of-use asset	$ 36,699		$ 34,306
Operating Lease, Cost	2,893	$ 2,468
Variable Lease, Cost	554	544
Operating Lease, Payments	2,505	2,171
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 7	$ 0
Operating Lease, Weighted Average Remaining Lease Term	75 months		78 months
Operating Lease, Weighted Average Discount Rate, Percent	2.70%		2.70%
Operating Lease Liability Option To Extend Amounts	$ 5,464
Lessee, lease not yet commenced, future minimum payments due	$ 0
Elizabethtown, KY Sublease
Lessor, Operating Lease, Term of Contract	57 months
Sublease Income	$ 271
Minimum [Member]
Remaining lease terms	4 months
Maximum [Member]
Remaining lease terms	9 years

Leases Lease Maturity (Details)

Leases Lease Maturity (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Jun. 30, 2024
Lessee Disclosure [Abstract]
2025 (remaining period)	$ 8,108
2026	11,048
2027	10,455
2028	10,106
2029	7,548
Thereafter	17,667
Total lease payments	64,932
Less: interest	(7,030)
Present value of lease liabilities	57,902	$ 59,604
Lessor Disclosure [Abstract]
2025 (remaining period)	610
2026	831
2027	856
2028	882
Total sublease receipts	$ 3,179

Debt Narrative (Details)

Debt Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024	May 16, 2023
Debt Instrument [Line Items]
Interest paid	$ 1,588	$ 3,509
Current maturities of long-term debt	90,000		$ 90,000
Unsecured Debt [Member]
Debt Instrument [Line Items]
Unsecured Loan, Unused Borrowing Capacity	$ 5,000
Unsecured Loan, Maturity Date	Apr. 30, 2025
Unsecured Loan, Amount Outstanding	$ 0		0
Revolving credit facility [Member] | Credit facilities [Member]
Debt Instrument [Line Items]
Revolving Credit Facility, Current Borrowing Capacity	600,000
Revolving Credit Facility, Maximum Borrowing Capacity	$ 1,000,000
Revolving Credit Facility, Expiration Date	Aug. 31, 2027
Long-term Debt	$ 50,000		60,000
Term loan facility | Credit facilities [Member]
Debt Instrument [Line Items]
Revolving Credit Facility, Expiration Date	May 16, 2025
Debt Instrument, Face Amount				$ 180,000
Current maturities of long-term debt	$ 90,000		$ 90,000
Fed Funds Effective Rate Overnight Index Swap Rate [Member] | Revolving credit facility [Member] | Credit facilities [Member]
Debt Instrument [Line Items]
Basis Spread on Variable Rate	0.50%
Fed Funds Effective Rate Overnight Index Swap Rate [Member] | Term loan facility | Credit facilities [Member]
Debt Instrument [Line Items]
Basis Spread on Variable Rate	0.50%
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Revolving credit facility [Member] | Credit facilities [Member]
Debt Instrument [Line Items]
Basis Spread on Variable Rate	1%
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Term loan facility | Credit facilities [Member]
Debt Instrument [Line Items]
Basis Spread on Variable Rate	0.75%
Prime Rate [Member] | Unsecured Debt [Member]
Debt Instrument [Line Items]
Basis Spread on Variable Rate	1%

Income Taxes Narrative (Details

Income Taxes Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Effective Tax Rate	24%	23.70%
Income Taxes Paid, Net	$ 3,006	$ 2,569
Unrecognized Tax Benefits	20,084
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	18,153
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	3,752
Minimum [Member]
Expiration of statutes of limitations impact on UTB balance	3,000
Maximum [Member]
Expiration of statutes of limitations impact on UTB balance	$ 7,000

Stock Based Compensation Narrat

Stock Based Compensation Narrative (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expense for stock-based compensation	$ 6,705	$ 7,148
Granted, number of shares	145
Compensation expense yet to be recognized	$ 37,964
Compensation expense yet to be recognized, period for recognition	1 year 5 months 19 days
Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross	0
Exercised, number of shares	0
Forfeited, number of shares	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	12
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$ 87.27
Outstanding, period end, intrinsic value	$ 1,043
Compensation expense not yet recognized, stock options	$ 0
Weighted average remaining contractual term, stock options	1 year 9 months
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, number of shares	44
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]
Termination after grant date	10 years
Requisite service period	3 years
Termination period after termination of employment	90 days
Termination period after death	1 year
Minimum [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period	1 year
Maximum [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period	3 years
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	101
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	18
Fair value under Monte Carlo [Member] | Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, number of shares	26

Unit Awards (Details)

Unit Awards (Details) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2024 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	325
Granted, number of shares	145
Vested, number of shares	(92)
Forfeited, number of shares	(10)
Outstanding, period end, number of shares	368
Outstanding, period start, weighted average grant date fair value | $ / shares	$ 189.68
Granted, weighted average grant date fair value | $ / shares	172.15
Vested, weighted average grant date fair value | $ / shares	194.47
Forfeited, weighted average grant date fair value | $ / shares	181.14
Outstanding, period end, weighted average grant date fair value | $ / shares	$ 181.83
Restricted Stock Units, Aggregate Intrinsic Value, Outstanding | $	$ 64,903
Restricted Stock Units (RSUs) [Member] | Fair value on grant date less PV of dividends [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted, number of shares	101
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted, number of shares	44
Performance Shares [Member] | Fair value on grant date less PV of dividends [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted, number of shares	18
Performance Shares [Member] | Fair value under Monte Carlo [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted, number of shares	26

Stock Based Compensation PSU Me

Stock Based Compensation PSU Measurement Date Assumptions (Details) - Compensation Peer Group [Member] - Performance Shares [Member]	Aug. 04, 2024 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Volatility	24.50%
Risk free interest rate	3.72%
Annual dividend based on most recent quarterly dividend	$ 2.20
Dividend yield	1.29%
Beginning average percentile rank for TSR	41%

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, 2024	Sep. 30, 2023
Earnings Per Share [Abstract]
Net Income	$ 119,191	$ 101,679
Common share information:
Weighted average shares outstanding for basic earnings per share	72,905	72,869
Dilutive effect of stock options, restricted stock units, and performance units	173	145
Weighted average shares outstanding for diluted earnings per share	73,078	73,014
Basic earnings per share	$ 1.63	$ 1.40
Diluted earnings per share	$ 1.63	$ 1.39
Antidilutive stock options, restricted stock units, and performance units excluded from computation of earnings per share	0	0

Reportable Segment Informatio_3

Reportable Segment Information Narrative (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2024 USD ($) segment
Segment Reporting [Abstract]
Number of Reportable Segments | segment	4
Complementary [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Reclassification of Cost from Complementary to Corporate and Other	$ (1,318)
Corporate and Other [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Reclassification of Cost from Complementary to Corporate and Other	$ 1,318

Reportable Segment Informatio_4

Reportable Segment Information Reconciliation of Operating Profit by Segment to Consolidated (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	$ 600,982	$ 571,368
Cost of Revenue	343,432	323,002
Research and Development	39,686	36,892
Selling, General, and Administrative	66,588	78,774
Total Expenses	449,706	438,668
OPERATING INCOME	151,276	132,700
INTEREST INCOME (EXPENSE)	5,522	548
INCOME BEFORE INCOME TAXES	156,798	133,248
Services and Support [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	356,679	342,205
Processing [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	244,303	229,163
Core [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	195,624	186,439
Cost of Revenue	81,420	75,927
SEGMENT INCOME	114,204	110,512
Core [Member] | Services and Support [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	184,866	175,744
Core [Member] | Processing [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	10,758	10,695
Payments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	211,923	199,358
Cost of Revenue	113,020	108,826
SEGMENT INCOME	98,903	90,532
Payments [Member] | Services and Support [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	22,743	19,903
Payments [Member] | Processing [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	189,180	179,455
Complementary [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	171,702	161,366
Cost of Revenue	65,967	60,957
SEGMENT INCOME	105,735	100,409
Complementary [Member] | Services and Support [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	129,993	124,270
Complementary [Member] | Processing [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	41,709	37,096
Corporate and Other [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	21,733	24,205
Cost of Revenue	83,025	77,292
SEGMENT INCOME	(61,292)	(53,087)
Corporate and Other [Member] | Services and Support [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	19,077	22,288
Corporate and Other [Member] | Processing [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenue	$ 2,656	$ 1,917

Subsequent Events Subsequent _2

Subsequent Events Subsequent Events (Details) - Subsequent Event [Member] $ in Thousands	Oct. 31, 2024 USD ($)
Subsequent Event [Line Items]
Line of Credit Facility, Initiation Date	Oct. 31, 2024
Revolving Credit Facility, Maximum Borrowing Capacity	$ 50,000
Basis Spread on Variable Rate	2%