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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net Income $ 381,816 $ 366,646 $ 362,916
Adjustments to reconcile net income to net cash from operating activities:      
Depreciation 46,342 48,720 50,789
Amortization 153,562 142,006 126,835
Change in deferred income taxes (909) (48,199) 31,872
Expense for stock-based compensation 28,873 28,611 24,780
(Gain)/loss on disposal of assets and businesses 3,841 (4,517) 400
Changes in operating assets and liabilities:      
Change in receivables 28,219 (12,067) (41,508)
Change in prepaid expenses, deferred costs and other (115,558) (112,316) (82,565)
Change in accounts payable 5,435 (6,277) 6,646
Change in accrued expenses 37,292 (20,453) 1,190
Change in income taxes 9,925 9,952 16,704
Change in deferred revenues (10,797) (10,547) 6,572
Net cash from operating activities 568,041 381,559 504,631
CASH FLOWS FROM INVESTING ACTIVITIES:      
Payment for acquisitions, net of cash acquired 0 (229,628) 0
Capital expenditures (58,118) (39,179) (34,659)
Proceeds from the sale of assets 904 27,939 45
Purchased software (7,130) (1,685) (8,491)
Computer software developed (167,175) (166,120) (148,239)
Purchase of investments (8,646) (1,000) (5,000)
Net cash from investing activities (240,165) (409,673) (196,344)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings on credit facilities 475,000 810,000 332,000
Repayments on credit facilities and financing leases (600,000) (650,060) (317,127)
Purchase of treasury stock (28,055) (25,000) (193,916)
Dividends paid (155,877) (147,237) (139,070)
Proceeds from issuance of common stock upon exercise of stock options 0 1 0
Tax withholding payments related to share based compensation (5,378) (8,505) (4,152)
Proceeds from sale of common stock 12,475 12,371 11,773
Net cash from financing activities (301,835) (8,430) (310,492)
NET CHANGE IN CASH AND CASH EQUIVALENTS 26,041 (36,544) (2,205)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 12,243 48,787 50,992
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 38,284 $ 12,243 $ 48,787