XML 29 R52.htm IDEA: XBRL DOCUMENT v2.4.0.6
Income Taxes (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2010
Currently payable      
Federal $ 9,911 $ 35,919 $ 14,294
State 1,222 6,558 4,603
Foreign 103 29 0
Current Total 11,236 42,506 18,897
Deferred      
Federal 49,046 33,581 40,446
State 8,153 5,248 1,612
Foreign 68 (592) 0
Deferred Total 57,267 38,237 42,058
Income Taxes 68,503 80,743 60,955
Effective income tax rate reconciliation      
U.S. statutory tax rate 35.00% 35.00% 35.00%
State income taxes, less federal income tax benefits 3.50% 3.60% 3.80%
Adjustment to deferred tax assets and liabilities for enacted changes in tax laws and rates 0.00% 0.00% (2.20%)
Other 1.10% (0.60%) 0.00%
Effective income tax rate 39.60% 38.00% 36.60%
Deferred tax assets      
Accounts receivable allowances and return reserves 12,877 13,784  
Compensation and benefits 48,274 37,745  
Indirect benefit of uncertain state and foreign tax positions 11,196 11,279  
All other assets 6,866 2,368  
Total deferred tax assets 79,213 65,176  
Valuation allowance (972) (895)  
Net deferred tax assets 78,241 64,281  
Deferred tax liabilities [Abstract]      
Subscription acquisition costs 57,456 41,547  
Accumulated depreciation and amortization 209,122 160,334  
Gains from dispositions 23,872 22,757  
All other liabilities 5,925 4,695  
Total deferred tax liabilities 296,375 229,333  
Net deferred tax liability $ (218,134) $ (165,052)