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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net Income $ 211,221 $ 186,715 $ 167,610
Adjustments to reconcile net income to net cash from operating activities:      
Depreciation 54,155 52,935 51,967
Amortization 64,841 54,836 48,374
Change in deferred income taxes 29,443 12,752 18,336
Excess tax benefits from stock-based compensation, Operating Activities (4,343) (3,406) (3,621)
Expense for stock-based compensation 10,112 10,091 8,615
Gain/loss on disposal of assets (5,046) (784) 3,908
Changes in operating assets and liabilities:      
Change in receivables (21,346) 7,498 (12,739)
Change in prepaid expenses, deferred costs and other (33,858) (28,565) (11,502)
Change in accounts payable (583) (1,252) (4,582)
Change in accrued expenses 14,483 (6,364) 7,774
Change in income taxes 14,146 5,251 4,575
Change in deferred revenues 40,565 51,952 30,459
Net cash from operating activities 373,790 341,659 309,174
CASH FLOWS FROM INVESTING ACTIVITIES:      
Payment for acquisitions, net of cash acquired 0 (27,894) 0
Capital expenditures (54,409) (33,185) (46,256)
Proceeds from sale of assets 8,317 7,781 530
Customer contracts acquired 0 0 (186)
Internal use software (14,020) (16,288) 0
Computer software developed (76,872) (62,194) (51,332)
Net cash from investing activities (136,984) (131,780) (97,244)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings on credit facilities 90,000 25,000 0
Repayments on credit facilities (50,783) (47,158) (145,180)
Debt acquisition costs (901) 0 0
Purchase of treasury stock (122,691) (175,699) (58,126)
Dividends paid (76,410) (71,251) (48,202)
Excess tax benefits from stock-based compensation, Financing Activities 4,343 3,406 3,621
Proceeds from issuance of common stock upon exercise of stock options 642 609 6,775
Minimum tax withholding payments related to option exercises (7,951) (6,598) (3,926)
Proceeds from sale of common stock, net 4,881 4,284 3,700
Net cash from financing activities (158,870) (267,407) (241,338)
NET CHANGE IN CASH AND CASH EQUIVALENTS 77,936 (57,528) (29,408)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 70,377 127,905 157,313
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 148,313 $ 70,377 $ 127,905