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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 328,144 $ 280,743
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation 33,125 34,943
Amortization 120,136 114,270
Change in deferred income taxes (12,765) (15,325)
Expense for stock-based compensation 22,412 22,404
(Gain)/loss on disposal of assets (1) 273
Changes in operating assets and liabilities:    
Change in receivables 50,871 97,835
Change in prepaid expenses, deferred costs and other (42,989) (60,520)
Change in accounts payable (9,541) (3,800)
Change in accrued expenses (23,436) 20,265
Change in income taxes 15,540 30,938
Change in deferred revenues (167,104) (185,784)
Net cash from operating activities 314,392 336,242
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (41,186) (34,347)
Proceeds from dispositions 0 900
Purchased software (3,833) (4,561)
Computer software developed (130,298) (125,351)
Proceeds from investments 1,000 0
Purchase of investments (2,000) (1,146)
Net cash from investing activities (176,317) (164,505)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings on credit facilities 255,000 335,000
Repayments on credit facilities (235,000) (360,000)
Purchase of treasury stock (35,052) (20,000)
Dividends paid (122,464) (115,792)
Proceeds from issuance of common stock upon exercise of stock options 2 0
Tax withholding payments related to share-based compensation (7,661) (5,343)
Proceeds from sale of common stock 8,686 9,409
Net cash from financing activities (136,489) (156,726)
NET CHANGE IN CASH AND CASH EQUIVALENTS 1,586 15,011
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 38,284 12,243
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 39,870 $ 27,254