$JKHY
JACK HENRY & ASSOCIATES INC Stock $jkhy

$jkhy Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000077915223000099 Filed on November 09, 2023

Income Statement

Concept	2023 Q4	2023 Q3	2022 Q3
Revenue	$545.7M	$571.4M	$529.2M
YoY Change	7.99%	7.97%	8.43%
Cost Of Revenue	$321.0M	$323.0M	$298.3M
YoY Change	5.38%	8.3%	7.82%
Gross Profit	$224.7M	$248.4M	$230.9M
YoY Change	11.96%	7.55%	9.23%
Gross Profit Margin	41.18%	43.47%	43.64%
Selling, General & Admin	$70.28M	$78.77M	$57.23M
YoY Change	23.75%	37.66%	12.05%
% of Gross Profit	31.27%	31.72%	24.78%
Research & Development	$35.48M	$36.89M	$32.99M
YoY Change	-2.96%	11.82%	23.32%
% of Gross Profit	15.79%	14.85%	14.29%
Depreciation & Amortization	$49.83M	$12.05M	$12.42M
YoY Change	3.59%	-2.93%	-5.63%
% of Gross Profit	22.17%	4.85%	5.38%
Operating Expenses	$105.8M	$115.7M	$90.22M
YoY Change	13.29%	28.21%	15.92%
Operating Profit	$119.0M	$132.7M	$140.7M
YoY Change	10.79%	-5.7%	5.34%
Interest Expense	$3.865M	$4.197M	$1.576M
YoY Change	13.48%	166.31%	535.48%
% of Operating Profit	3.25%	3.16%	1.12%
Other Income/Expense, Net
YoY Change
Pretax Income	$120.2M	$133.2M	$139.3M
YoY Change	14.27%	-4.34%	4.46%
Income Tax	$28.26M	$31.57M	$32.75M
% Of Pretax Income	23.5%	23.69%	23.51%
Net Earnings	$91.97M	$101.7M	$106.5M
YoY Change	13.85%	-4.57%	4.34%
Net Earnings / Revenue	16.85%	17.8%	20.13%
Basic Earnings Per Share	$1.26	$1.40	$1.46
Diluted Earnings Per Share	$1.26	$1.39	$1.46
COMMON SHARES
Basic Shares Outstanding	72.83M shares	72.94M shares	72.90M shares
Diluted Shares Outstanding	72.98M shares	73.01M shares	73.14M shares

Balance Sheet

Concept	2023 Q4	2023 Q3	2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$26.71M	$31.50M	$31.97M
YoY Change	3.67%	-1.47%	-27.75%
Cash & Equivalents	$26.71M	$31.47M	$31.97M
Short-Term Investments
Other Short-Term Assets	$225.3M	$215.3M	$181.3M
YoY Change	30.27%	18.72%	18.31%
Inventory
Prepaid Expenses
Receivables	$270.6M	$288.7M	$247.5M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$554.3M	$563.5M	$485.1M
YoY Change	18.12%	16.16%	-1.19%
LONG-TERM ASSETS
Property, Plant & Equipment	$204.8M	$202.8M	$208.3M
YoY Change	0.73%	-2.62%	-13.62%
Goodwill	$804.8M	$804.8M	$804.2M
YoY Change	0.0%	0.08%	16.98%
Intangibles
YoY Change
Long-Term Investments	$18.25M
YoY Change
Other Assets	$353.2M	$334.8M	$300.9M
YoY Change	14.25%	11.27%	20.89%
Total Long-Term Assets	$1.995B	$1.968B	$1.885B
YoY Change	4.68%	4.39%	21.71%
TOTAL ASSETS
Total Short-Term Assets	$554.3M	$563.5M	$485.1M
Total Long-Term Assets	$1.995B	$1.968B	$1.885B
Total Assets	$2.754B	$2.734B	$2.578B
YoY Change	6.81%	6.04%	13.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$18.73M	$20.29M	$20.45M
YoY Change	41.91%	-0.78%	45.88%
Accrued Expenses	$174.1M	$157.9M	$147.7M
YoY Change	17.7%	6.95%	0.41%
Deferred Revenue	$196.8M	$261.7M	$274.8M
YoY Change	-8.36%	-4.77%	2.21%
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due			$41.00K
YoY Change			-62.73%
Total Short-Term Liabilities	$404.0M	$470.6M	$470.3M
YoY Change	-0.86%	0.05%	9.37%
LONG-TERM LIABILITIES
Long-Term Debt	$255.0M	$245.0M	$245.0M
YoY Change	-7.27%	0.0%	276.6%
Other Long-Term Liabilities	$70.26M	$52.71M	$51.33M
YoY Change	41.57%	2.67%	-10.27%
Total Long-Term Liabilities	$625.6M	$603.7M	$647.0M
YoY Change	-5.18%	-6.69%	42.13%
TOTAL LIABILITIES
Total Short-Term Liabilities	$404.0M	$470.6M	$470.3M
Total Long-Term Liabilities	$625.6M	$603.7M	$647.0M
Total Liabilities	$1.030B	$1.074B	$1.117B
YoY Change	-3.53%	-3.85%	26.22%
SHAREHOLDERS EQUITY
Retained Earnings	$2.974B	$2.920B	$2.707B
YoY Change	8.05%	7.85%	9.14%
Common Stock	$1.042M	$1.041M	$1.040M
YoY Change	0.19%	0.1%	0.19%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$1.852B	$1.852B	$1.807B
YoY Change	2.49%	2.49%	12.02%
Treasury Stock Shares			31.04M shares
Shareholders Equity	$1.724B	$1.660B	$1.461B
YoY Change
Total Liabilities & Shareholders Equity	$2.754B	$2.734B	$2.578B
YoY Change	6.81%	6.04%	13.05%

Cashflow Statement

Concept	2023 Q4	2023 Q3	2022 Q3
OPERATING ACTIVITIES
Net Income	$91.97M	$101.7M	$106.5M
YoY Change	13.85%	-4.57%	4.34%
Depreciation, Depletion And Amortization	$49.83M	$12.05M	$12.42M
YoY Change	3.59%	-2.93%	-5.63%
Cash From Operating Activities	$81.57M	$157.1M	$136.8M
YoY Change	51.4%	14.84%	28.42%
INVESTING ACTIVITIES
Capital Expenditures	$59.44M	$7.612M	$7.737M
YoY Change	13.02%	-1.62%	-16.56%
Acquisitions		$0.00	$229.0M
YoY Change		-100.0%
Other Investing Activities	-$1.022M	$900.0K	-$202.7M
YoY Change	-203.13%	-100.44%	-1448200.0%
Cash From Investing Activities	-$60.46M	-$50.53M	-$249.6M
YoY Change	17.17%	-79.76%	437.33%
FINANCING ACTIVITIES
Cash Dividend Paid		$37.86M	$35.71M
YoY Change		6.03%	4.92%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-25.85M	-$87.39M	$95.95M
YoY Change	204.48%	-191.08%	-243.55%
NET CHANGE
Cash From Operating Activities	81.57M	$157.1M	$136.8M
Cash From Investing Activities	-60.46M	-$50.53M	-$249.6M
Cash From Financing Activities	-25.85M	-$87.39M	$95.95M
Net Change In Cash	-4.734M	$19.22M	-$16.82M
YoY Change	-23.73%	-214.31%	149.47%
FREE CASH FLOW
Cash From Operating Activities	$81.57M	$157.1M	$136.8M
Capital Expenditures	$59.44M	$7.612M	$7.737M
Free Cash Flow	$22.13M	$149.5M	$129.1M
YoY Change	1614.56%	15.83%	32.71%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q3	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P12M
CY2023Q3	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent
CY2023Q3	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent
CY2023Q2	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent
CY2023Q2	us-gaap	Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent
CY2023Q3	us-gaap	Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent
CY2023Q3	us-gaap	Cost Of Revenue CostOfRevenue	323002000	usd
CY2022Q3	us-gaap	Cost Of Revenue CostOfRevenue	298261000	usd
CY2023Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	36892000	usd
CY2022Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	32993000	usd
CY2023Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	78774000	usd
CY2022Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	57225000	usd
CY2023Q3	us-gaap	Costs And Expenses CostsAndExpenses	438668000	usd
CY2022Q3	us-gaap	Costs And Expenses CostsAndExpenses	388479000	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	132700000	usd
CY2022Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	140723000	usd
CY2023Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	4745000	usd
CY2022Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	152000	usd
CY2023Q3	us-gaap	Interest Expense InterestExpense	4197000	usd
CY2022Q3	us-gaap	Interest Expense InterestExpense	1576000	usd
CY2023Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	548000	usd
CY2022Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-1424000	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	133248000	usd
CY2022Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	139299000	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	31569000	usd
CY2022Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	32750000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	101679000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	106549000	usd
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.40
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.46
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	72869000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	72896000	shares
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.39
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.46
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	73014000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	73138000	shares
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	1659948000	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	1461138000	usd
CY2023Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.52
CY2022Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.49
CY2023Q3	us-gaap	Profit Loss ProfitLoss	101679000	usd
CY2022Q3	us-gaap	Profit Loss ProfitLoss	106549000	usd
CY2023Q3	us-gaap	Depreciation Depreciation	12052000	usd
CY2022Q3	us-gaap	Depreciation Depreciation	12416000	usd
CY2023Q3	us-gaap	Adjustment For Amortization AdjustmentForAmortization	37183000	usd
CY2022Q3	us-gaap	Adjustment For Amortization AdjustmentForAmortization	33194000	usd
CY2023Q3	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	10178000	usd
CY2022Q3	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	12345000	usd
CY2023Q3	us-gaap	Share Based Compensation ShareBasedCompensation	7148000	usd
CY2022Q3	us-gaap	Share Based Compensation ShareBasedCompensation	6998000	usd
CY2023Q3	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	111000	usd
CY2022Q3	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	6124000	usd
CY2023Q3	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-72519000	usd
CY2022Q3	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-101509000	usd
CY2023Q3	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	17356000	usd
CY2022Q3	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	34740000	usd
CY2023Q3	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-1234000	usd
CY2022Q3	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-2168000	usd
CY2023Q3	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-17285000	usd
CY2022Q3	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-45265000	usd
CY2023Q3	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	39044000	usd
CY2022Q3	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	41937000	usd
CY2023Q3	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-66322000	usd
CY2022Q3	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-65130000	usd
CY2023Q3	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	157139000	usd
CY2022Q3	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	136831000	usd
CY2023Q3	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
CY2022Q3	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	228986000	usd
CY2023Q3	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	7612000	usd
CY2022Q3	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	7737000	usd
CY2023Q3	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	852000	usd
CY2022Q3	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	26252000	usd
CY2023Q3	us-gaap	Payments To Acquire Software PaymentsToAcquireSoftware	2280000	usd
CY2022Q3	us-gaap	Payments To Acquire Software PaymentsToAcquireSoftware	408000	usd
CY2023Q3	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	41486000	usd
CY2022Q3	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	38715000	usd
CY2023Q3	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-50526000	usd
CY2022Q3	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-249594000	usd
CY2023Q3	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	135000000	usd
CY2022Q3	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	280000000	usd
CY2023Q3	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	165000000	usd
CY2022Q3	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	150022000	usd
CY2023Q3	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	20000000	usd
CY2022Q3	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	usd
CY2023Q3	us-gaap	Payments Of Dividends PaymentsOfDividends	37863000	usd
CY2022Q3	us-gaap	Payments Of Dividends PaymentsOfDividends	35709000	usd
CY2023Q3	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	2944000	usd
CY2022Q3	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1556000	usd
CY2023Q3	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	3418000	usd
CY2022Q3	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	3233000	usd
CY2023Q3	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-87389000	usd
CY2022Q3	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	95946000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	19224000	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-16817000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	12243000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	48787000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	31467000	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	31970000	usd
CY2023Q3	jkhy	Entity Number Of Customers EntityNumberOfCustomers	7500	client
CY2023Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	7955000	usd
CY2022Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	7616000	usd
CY2023Q3	us-gaap	Allowance For Doubtful Accounts Receivable Period Increase Decrease AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease	480000	usd
CY2022Q3	us-gaap	Allowance For Doubtful Accounts Receivable Period Increase Decrease AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease	480000	usd
CY2023Q3	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	231000	usd
CY2022Q3	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	65000	usd
CY2023Q3	us-gaap	Allowance For Doubtful Accounts Receivable Recoveries AllowanceForDoubtfulAccountsReceivableRecoveries	0	usd
CY2022Q3	us-gaap	Allowance For Doubtful Accounts Receivable Recoveries AllowanceForDoubtfulAccountsReceivableRecoveries	1000	usd
CY2023Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	8204000	usd
CY2022Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	8030000	usd
CY2023Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	476923000	usd
CY2023Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	466711000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	1187086000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	1149913000	usd
CY2023Q3	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	31323000	shares
CY2023Q3	us-gaap	Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased	3667000	shares
CY2023Q3	us-gaap	Treasury Stock Value TreasuryStockValue	1852118000	usd
CY2023Q3	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	129000	shares
CY2023Q2	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	31194000	shares
CY2023Q2	us-gaap	Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased	3796000	shares
CY2023Q2	us-gaap	Treasury Stock Value TreasuryStockValue	1832118000	usd
CY2022Q3	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	0	shares
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	571368000	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	529202000	usd
CY2023Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	288733000	usd
CY2023Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	361252000	usd
CY2023Q3	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	27926000	usd
CY2023Q2	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	26711000	usd
CY2023Q3	us-gaap	Contract With Customer Asset Net Noncurrent ContractWithCustomerAssetNetNoncurrent	79480000	usd
CY2023Q2	us-gaap	Contract With Customer Asset Net Noncurrent ContractWithCustomerAssetNetNoncurrent	81561000	usd
CY2023Q3	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	261656000	usd
CY2023Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	331974000	usd
CY2023Q3	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	71751000	usd
CY2023Q2	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	67755000	usd
CY2023Q3	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	99220000	usd
CY2022Q3	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	97990000	usd
CY2023Q3	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	3563944000	usd
CY2023Q3	us-gaap	Revenue Remaining Performance Obligation Percentage RevenueRemainingPerformanceObligationPercentage	0.25	rate
CY2023Q3	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P12M
CY2023Q3	us-gaap	Revenue Remaining Performance Obligation Percentage RevenueRemainingPerformanceObligationPercentage	0.19	rate
CY2023Q3	us-gaap	Capitalized Contract Cost Net CapitalizedContractCostNet	450294000	usd
CY2023Q2	us-gaap	Capitalized Contract Cost Net CapitalizedContractCostNet	442012000	usd
CY2023Q3	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	50537000	usd
CY2022Q3	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	41980000	usd
CY2023Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	41564000	usd
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	43662000	usd
CY2023Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	47555000	usd
CY2023Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	9571000	usd
CY2023Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	37984000	usd
CY2023Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	50269000	usd
CY2023Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	9776000	usd
CY2023Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	40493000	usd
CY2023Q3	jkhy	Accumulated Amortization Operating Lease Rightofuseasset AccumulatedAmortizationOperatingLeaseRightofuseasset	28077000	usd
CY2023Q2	jkhy	Accumulated Amortization Operating Lease Rightofuseasset AccumulatedAmortizationOperatingLeaseRightofuseasset	34973000	usd
CY2023Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	2468000	usd
CY2022Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	3059000	usd
CY2023Q3	us-gaap	Variable Lease Cost VariableLeaseCost	544000	usd
CY2022Q3	us-gaap	Variable Lease Cost VariableLeaseCost	923000	usd
CY2023Q3	us-gaap	Operating Lease Payments OperatingLeasePayments	2171000	usd
CY2022Q3	us-gaap	Operating Lease Payments OperatingLeasePayments	3110000	usd
CY2023Q3	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	0	usd
CY2022Q3	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	2296000	usd
CY2023Q3	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P80M
CY2023Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P78M
CY2023Q3	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0209	rate
CY2023Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0214	rate
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	6705000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	8413000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	7888000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	7157000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	6771000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	13872000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	50806000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	3251000	usd
CY2023Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	47555000	usd
CY2023Q3	jkhy	Operating Lease Liability Option To Extend Amounts OperatingLeaseLiabilityOptionToExtendAmounts	5464000	usd
CY2023Q3	jkhy	Lessee Lease Not Yet Commenced Future Minimum Payments Due LesseeLeaseNotYetCommencedFutureMinimumPaymentsDue	0	usd
CY2023Q3	us-gaap	Interest Paid InterestPaid	3509000	usd
CY2022Q3	us-gaap	Interest Paid InterestPaid	1333000	usd
CY2023Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.237	rate
CY2022Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.235	rate
CY2023Q3	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	2569000	usd
CY2022Q3	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	2828000	usd
CY2023Q3	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	12676000	usd
CY2023Q3	us-gaap	Unrecognized Tax Benefits That Would Impact Effective Tax Rate UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate	11051000	usd
CY2023Q3	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	2046000	usd
CY2022Q3	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	1360000	usd
CY2023Q3	us-gaap	Share Based Compensation ShareBasedCompensation	7148000	usd
CY2022Q3	us-gaap	Share Based Compensation ShareBasedCompensation	6998000	usd
CY2023Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	142000	shares
CY2023Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	142000	shares
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	101679000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	106549000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	72869000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	72896000	shares
CY2023Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	145000	shares
CY2022Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	242000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	73014000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	73138000	shares
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.40
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.46
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.39
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.46
CY2023Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
CY2022Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	11000	shares
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	571368000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	101679000	usd
CY2023Q3	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	4	segment
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	571368000	usd
CY2023Q3	us-gaap	Cost Of Revenue CostOfRevenue	323002000	usd
CY2023Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	36892000	usd
CY2023Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	78774000	usd
CY2023Q3	us-gaap	Costs And Expenses CostsAndExpenses	438668000	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	132700000	usd
CY2023Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	548000	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	133248000	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	529202000	usd
CY2022Q3	us-gaap	Cost Of Revenue CostOfRevenue	298261000	usd
CY2022Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	32993000	usd
CY2022Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	57225000	usd
CY2022Q3	us-gaap	Costs And Expenses CostsAndExpenses	388479000	usd
CY2022Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	140723000	usd
CY2022Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-1424000	usd
CY2022Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	139299000	usd
CY2023Q3	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2023Q3	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2023Q3	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q3	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

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$JKHY
JACK HENRY & ASSOCIATES INC Stock $jkhy

2023 Q4 Form 10-Q Financial Statement

#000077915223000099 Filed on November 09, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$JKHY JACK HENRY & ASSOCIATES INC Stock $jkhy

2023 Q4 Form 10-Q Financial Statement

#000077915223000099 Filed on November 09, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$JKHY
JACK HENRY & ASSOCIATES INC Stock $jkhy