$PAYX
PAYCHEX INC

2012 Q4 Form 10-Q Financial Statement

#000072353112000011 Filed on December 20, 2012

View on sec.gov

Income Statement

Concept 2012 Q4 2011 Q4
Revenue $569.4M $545.7M
YoY Change 4.34% 6.58%
Cost Of Revenue $164.3M $162.7M
YoY Change 0.98% 2.33%
Gross Profit $405.1M $383.0M
YoY Change 5.77% 8.5%
Gross Profit Margin 71.15% 70.19%
Selling, General & Admin $175.8M $165.1M
YoY Change 6.48% 10.73%
% of Gross Profit 43.4% 43.11%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $19.50M $18.40M
YoY Change 5.98% -10.68%
% of Gross Profit 4.81% 4.8%
Operating Expenses $339.4M $165.1M
YoY Change 105.57% 10.73%
Operating Profit $230.0M $217.9M
YoY Change 5.55% 6.87%
Interest Expense $1.900M $1.500M
YoY Change 26.67% 0.0%
% of Operating Profit 0.83% 0.69%
Other Income/Expense, Net
YoY Change
Pretax Income $231.9M $219.4M
YoY Change 5.7% 6.82%
Income Tax $84.00M $79.00M
% Of Pretax Income 36.22% 36.01%
Net Earnings $147.9M $140.4M
YoY Change 5.34% 4.85%
Net Earnings / Revenue 25.97% 25.73%
Basic Earnings Per Share $0.41 $0.39
Diluted Earnings Per Share $0.41 $0.39
COMMON SHARES
Basic Shares Outstanding 363.6M shares 362.4M shares
Diluted Shares Outstanding 364.4M shares 362.8M shares

Balance Sheet

Concept 2012 Q4 2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $301.0M $411.0M
YoY Change -26.76% -11.42%
Cash & Equivalents $122.6M $96.10M
Short-Term Investments $179.0M $315.0M
Other Short-Term Assets $3.768B $3.080B
YoY Change 22.34% -6.58%
Inventory
Prepaid Expenses
Receivables $169.3M $222.0M
Other Receivables $31.00M $27.00M
Total Short-Term Assets $4.269B $3.740B
YoY Change 14.14% -6.83%
LONG-TERM ASSETS
Property, Plant & Equipment $351.8M $316.0M
YoY Change 11.33% 12.86%
Goodwill $517.4M
YoY Change
Intangibles $47.00M
YoY Change
Long-Term Investments $504.0M $265.0M
YoY Change 90.19% 17.26%
Other Assets $3.600M $32.00M
YoY Change -88.75% 18.52%
Total Long-Term Assets $1.455B $1.192B
YoY Change 22.1% 18.14%
TOTAL ASSETS
Total Short-Term Assets $4.269B $3.740B
Total Long-Term Assets $1.455B $1.192B
Total Assets $5.724B $4.932B
YoY Change 16.06% -1.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $43.60M $55.00M
YoY Change -20.73% 61.76%
Accrued Expenses $117.0M $147.0M
YoY Change -20.41% -19.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.889B $3.248B
YoY Change 19.72% -6.83%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $48.10M $88.00M
YoY Change -45.34% 12.82%
Total Long-Term Liabilities $48.10M $88.00M
YoY Change -45.34% 12.82%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.889B $3.248B
Total Long-Term Liabilities $48.10M $88.00M
Total Liabilities $4.026B $3.373B
YoY Change 19.36% -5.6%
SHAREHOLDERS EQUITY
Retained Earnings $1.061B
YoY Change
Common Stock $597.7M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.698B $1.559B
YoY Change
Total Liabilities & Shareholders Equity $5.724B $4.932B
YoY Change 16.06% -1.81%

Cashflow Statement

Concept 2012 Q4 2011 Q4
OPERATING ACTIVITIES
Net Income $147.9M $140.4M
YoY Change 5.34% 4.85%
Depreciation, Depletion And Amortization $19.50M $18.40M
YoY Change 5.98% -10.68%
Cash From Operating Activities $108.3M $110.0M
YoY Change -1.55% -11.93%
INVESTING ACTIVITIES
Capital Expenditures -$32.90M -$24.10M
YoY Change 36.51% -13.62%
Acquisitions
YoY Change
Other Investing Activities -$1.400M $60.90M
YoY Change -102.3% -480.62%
Cash From Investing Activities -$34.30M $36.80M
YoY Change -193.21% -183.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -100.4M -163.8M
YoY Change -38.71% 35.71%
NET CHANGE
Cash From Operating Activities 108.3M 110.0M
Cash From Investing Activities -34.30M 36.80M
Cash From Financing Activities -100.4M -163.8M
Net Change In Cash -26.40M -17.00M
YoY Change 55.29% -57.18%
FREE CASH FLOW
Cash From Operating Activities $108.3M $110.0M
Capital Expenditures -$32.90M -$24.10M
Free Cash Flow $141.2M $134.1M
YoY Change 5.29% -12.24%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
169300000 USD
CY2012Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
142400000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-27100000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-20800000 USD
CY2012Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
43600000 USD
CY2012Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
69700000 USD
CY2012Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
533700000 USD
CY2012Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
487800000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
39700000 USD
CY2012Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
37700000 USD
CY2012Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
561100000 USD
CY2012Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
594100000 USD
CY2012Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5100000 USD
CY2011Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5300000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11900000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11500000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9400000 USD
CY2011Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5700000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11400000 USD
CY2012Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4700000 USD
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
11000000 shares
CY2012Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7500000 shares
CY2011Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10700000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7500000 shares
CY2012Q2 us-gaap Assets
Assets
6479600000 USD
CY2012Q4 us-gaap Assets
Assets
5724200000 USD
CY2012Q2 us-gaap Assets Current
AssetsCurrent
5075900000 USD
CY2012Q4 us-gaap Assets Current
AssetsCurrent
4268800000 USD
CY2012Q2 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
2999500000 USD
CY2012Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
2945000000 USD
CY2012Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
180000000 USD
CY2012Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
57700000 USD
CY2012Q4 us-gaap Available For Sale Securities Debt Maturities Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost
2945000000 USD
CY2012Q4 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis
299200000 USD
CY2012Q4 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue
302800000 USD
CY2012Q4 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
3007900000 USD
CY2012Q2 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
3059000000 USD
CY2011Q4 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
100000 USD
us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
200000 USD
us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
300000 USD
CY2012Q4 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
100000 USD
CY2012Q4 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
0 USD
CY2011Q4 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
0 USD
us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
0 USD
us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
0 USD
CY2012Q2 us-gaap Available For Sale Securities Gross Unrealized Gain Loss
AvailableForSaleSecuritiesGrossUnrealizedGainLoss
59500000 USD
CY2012Q4 us-gaap Available For Sale Securities Gross Unrealized Gain Loss
AvailableForSaleSecuritiesGrossUnrealizedGainLoss
62900000 USD
CY2012Q2 us-gaap Available For Sale Securities Gross Unrealized Losses1
AvailableForSaleSecuritiesGrossUnrealizedLosses1
300000 USD
CY2012Q4 us-gaap Available For Sale Securities Gross Unrealized Losses1
AvailableForSaleSecuritiesGrossUnrealizedLosses1
100000 USD
CY2012Q2 us-gaap Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
35 Security
CY2012Q4 us-gaap Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
20 Security
CY2012Q4 us-gaap Available For Sale Securities Noncurrent
AvailableForSaleSecuritiesNoncurrent
504300000 USD
CY2012Q2 us-gaap Available For Sale Securities Noncurrent
AvailableForSaleSecuritiesNoncurrent
473700000 USD
CY2012Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses2
100000 USD
CY2012Q2 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses2
300000 USD
us-gaap Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
300000 USD
us-gaap Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
200000 USD
CY2012Q4 us-gaap Availableforsale Securities Gross Unrealized Gain
AvailableforsaleSecuritiesGrossUnrealizedGain
63000000 USD
CY2012Q2 us-gaap Availableforsale Securities Gross Unrealized Gain
AvailableforsaleSecuritiesGrossUnrealizedGain
59800000 USD
CY2012Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
98100000 USD
CY2012Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
96800000 USD
CY2012Q2 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
263500000 USD
CY2012Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
272500000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
122600000 USD
CY2012Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
108800000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
96100000 USD
CY2011Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
119000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-22900000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
13800000 USD
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.65
CY2012Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.33
CY2011Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.32
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.63
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
600000000 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
600000000 shares
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
363700000 shares
CY2012Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
362600000 shares
CY2012Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
363700000 shares
CY2012Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
362600000 shares
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
3600000 USD
CY2012Q2 us-gaap Common Stock Value
CommonStockValue
3600000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
303000000 USD
CY2012Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
150300000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
285700000 USD
CY2011Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
130200000 USD
CY2012Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
41500000 USD
CY2012Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
28200000 USD
CY2012Q4 us-gaap Contractual Obligation
ContractualObligation
5200000 USD
CY2012Q2 us-gaap Contractual Obligation
ContractualObligation
7600000 USD
CY2012Q4 us-gaap Costs And Expenses
CostsAndExpenses
339400000 USD
CY2011Q4 us-gaap Costs And Expenses
CostsAndExpenses
327800000 USD
us-gaap Costs And Expenses
CostsAndExpenses
679600000 USD
us-gaap Costs And Expenses
CostsAndExpenses
661200000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
17500000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
22900000 USD
CY2012Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
2500000 USD
CY2012Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
3000000 USD
CY2012Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
0 USD
CY2012Q2 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
1600000 USD
CY2012Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
29200000 USD
CY2012Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
31300000 USD
CY2012Q2 us-gaap Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
13900000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
28500000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
46500000 USD
CY2012Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
40600000 USD
us-gaap Depreciation
Depreciation
36900000 USD
CY2012Q4 us-gaap Depreciation
Depreciation
19500000 USD
us-gaap Depreciation
Depreciation
38900000 USD
CY2011Q4 us-gaap Depreciation
Depreciation
18400000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
48300000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
48300000 USD
CY2011Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.83
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.41
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.80
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.80
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.41
CY2011Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.83
CY2012Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
116800000 USD
CY2012Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
130900000 USD
CY2012Q4 us-gaap Finite Lived Customer Lists Gross
FiniteLivedCustomerListsGross
223800000 USD
CY2012Q2 us-gaap Finite Lived Customer Lists Gross
FiniteLivedCustomerListsGross
223600000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
169800000 USD
CY2012Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
178800000 USD
CY2012Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
18100000 USD
CY2012Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
4500000 USD
CY2012Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
6500000 USD
CY2012Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
9300000 USD
CY2012Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
13100000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
225600000 USD
CY2012Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
225800000 USD
CY2012Q2 us-gaap Funds Held For Clients
FundsHeldForClients
4544200000 USD
CY2012Q4 us-gaap Funds Held For Clients
FundsHeldForClients
3715500000 USD
CY2012Q2 us-gaap Goodwill
Goodwill
517400000 USD
CY2012Q4 us-gaap Goodwill
Goodwill
517400000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
471800000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
450600000 USD
CY2011Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
219400000 USD
CY2012Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
231900000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
170800000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
161300000 USD
CY2012Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
84000000 USD
CY2011Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
79000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-22600000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-41500000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
27500000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
60700000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
400000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-1500000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1500000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-600000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
11000000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
15800000 USD
CY2012Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
800000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
500000 shares
CY2011Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
400000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
800000 shares
CY2012Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
47000000 USD
CY2012Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
55800000 USD
us-gaap Interest Income Operating
InterestIncomeOperating
21800000 USD
CY2011Q4 us-gaap Interest Income Operating
InterestIncomeOperating
10700000 USD
us-gaap Interest Income Operating
InterestIncomeOperating
20100000 USD
CY2012Q4 us-gaap Interest Income Operating
InterestIncomeOperating
10000000 USD
CY2012Q4 us-gaap Interest Receivable Current
InterestReceivableCurrent
31000000 USD
CY2012Q2 us-gaap Interest Receivable Current
InterestReceivableCurrent
30600000 USD
CY2011Q4 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
1500000 USD
CY2012Q4 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
1900000 USD
us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
3000000 USD
us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
3800000 USD
CY2012Q2 us-gaap Land And Land Improvements
LandAndLandImprovements
7000000 USD
CY2012Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
7300000 USD
CY2012Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
96100000 USD
CY2012Q2 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
96000000 USD
CY2012Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 USD
CY2012Q2 us-gaap Liabilities
Liabilities
4875100000 USD
CY2012Q4 us-gaap Liabilities
Liabilities
4026000000 USD
CY2012Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6479600000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5724200000 USD
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
3888600000 USD
CY2012Q2 us-gaap Liabilities Current
LiabilitiesCurrent
4745700000 USD
CY2012Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
35900000 USD
CY2012Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
42800000 USD
CY2012Q4 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
0 USD
CY2012Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
178600000 USD
CY2012Q2 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
207500000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-754900000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1049800000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
737600000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
434800000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
326000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
297200000 USD
us-gaap Net Income Loss
NetIncomeLoss
289300000 USD
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
147900000 USD
us-gaap Net Income Loss
NetIncomeLoss
301000000 USD
CY2011Q4 us-gaap Net Income Loss
NetIncomeLoss
140400000 USD
CY2012Q4 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
164300000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
326800000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
328500000 USD
CY2011Q4 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
162700000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
447600000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
468000000 USD
CY2011Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
217900000 USD
CY2012Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
230000000 USD
CY2012Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3300000 USD
CY2012Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3600000 USD
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
2000000 USD
CY2012Q4 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
2400000 USD
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-3600000 USD
CY2011Q4 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-10200000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3600000 USD
CY2012Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2400000 USD
CY2011Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-10200000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2000000 USD
CY2011Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-100000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-200000 USD
CY2012Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-100000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-200000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
2200000 USD
CY2012Q4 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
2500000 USD
CY2011Q4 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-10100000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-3400000 USD
CY2012Q2 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
2000000 USD
CY2012Q4 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
2000000 USD
CY2012Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
32600000 USD
CY2012Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
33800000 USD
CY2012Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
48100000 USD
CY2012Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
52900000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
228400000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
236400000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
4730600000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
12222300000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
12000000 USD
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
0 USD
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
500000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
44100000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
54500000 USD
CY2012Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
39900000 USD
CY2012Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
35200000 USD
CY2012Q4 us-gaap Prepaid Taxes
PrepaidTaxes
11900000 USD
CY2012Q2 us-gaap Prepaid Taxes
PrepaidTaxes
5600000 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications:</font><font style="font-family:inherit;font-size:10pt;"> Certain prior period amounts have been reclassified to conform to the current period presentation and had no effect on reported consolidated earnings.</font></div></div>
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
12249800000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
4690600000 USD
CY2012Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
858000000 USD
CY2012Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
839600000 USD
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
351800000 USD
CY2012Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
324300000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
300000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
700000 USD
CY2012Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1002100000 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1060800000 USD
us-gaap Revenues
Revenues
1147600000 USD
CY2012Q4 us-gaap Revenues
Revenues
569400000 USD
us-gaap Revenues
Revenues
1108800000 USD
CY2011Q4 us-gaap Revenues
Revenues
545700000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
1127500000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
1087000000 USD
CY2012Q4 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
559400000 USD
CY2011Q4 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
535000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
351100000 USD
CY2011Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
165100000 USD
CY2012Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
175100000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
334400000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
11900000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
11500000 USD
us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
300000 shares
CY2012Q4 us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
300000 shares
us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
1100000 shares
CY2011Q4 us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
0 shares
CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
1604500000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
1698200000 USD
us-gaap Subsequent Event Amount
SubsequentEventAmount
0.66 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
364100000 shares
CY2012Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
364400000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
362800000 shares
CY2011Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
362800000 shares
CY2011Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
362400000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
363300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
362300000 shares
CY2012Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
363600000 shares
CY2012Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
5700000 USD
CY2012Q2 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
6200000 USD
CY2012Q2 us-gaap Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
19000000 USD
CY2012Q4 us-gaap Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
14200000 USD
CY2012Q2 payx Accumulated Other Comprehensive Income Tax Amount
AccumulatedOtherComprehensiveIncomeTaxAmount
21800000 USD
CY2012Q4 payx Accumulated Other Comprehensive Income Tax Amount
AccumulatedOtherComprehensiveIncomeTaxAmount
23100000 USD
CY2012Q4 payx Available For Sale Securities Debt Maturities Rolling After Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesRollingAfterFiveYearsAmortizedCost
1297200000 USD
CY2012Q4 payx Available For Sale Securities Debt Maturities Rolling After Year Five Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearFiveFairValue
1313700000 USD
CY2012Q4 payx Available For Sale Securities Debt Maturities Rolling Year One Through Three Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingYearOneThroughThreeAmortizedCostBasis
705100000 USD
CY2012Q4 payx Available For Sale Securities Debt Maturities Rolling Year One Through Three Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearOneThroughThreeFairValue
724900000 USD
CY2012Q4 payx Available For Sale Securities Debt Maturities Rolling Year Three Through Five Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingYearThreeThroughFiveAmortizedCostBasis
643500000 USD
CY2012Q4 payx Available For Sale Securities Debt Maturities Rolling Year Three Through Five Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearThreeThroughFiveFairValue
666500000 USD
CY2012Q2 payx Client Fund Obligations
ClientFundObligations
4494400000 USD
CY2012Q4 payx Client Fund Obligations
ClientFundObligations
3664600000 USD
CY2012Q2 payx Current Assets Before Funds Held For Clients
CurrentAssetsBeforeFundsHeldForClients
531700000 USD
CY2012Q4 payx Current Assets Before Funds Held For Clients
CurrentAssetsBeforeFundsHeldForClients
553300000 USD
CY2012Q2 payx Current Liabilities Before Client Fund Obligations
CurrentLiabilitiesBeforeClientFundObligations
251300000 USD
CY2012Q4 payx Current Liabilities Before Client Fund Obligations
CurrentLiabilitiesBeforeClientFundObligations
224000000 USD
CY2012Q4 payx Data Processing Equipment Gross
DataProcessingEquipmentGross
171500000 USD
CY2012Q2 payx Data Processing Equipment Gross
DataProcessingEquipmentGross
212300000 USD
payx Equity Activity Related To Stock Based Awards
EquityActivityRelatedToStockBasedAwards
1800000 USD
payx Equity Activity Related To Stock Based Awards
EquityActivityRelatedToStockBasedAwards
16400000 USD
payx Expiry Date Range Of Letters Of Credit
ExpiryDateRangeOfLettersOfCredit
July 2013 and December 2013
CY2012Q4 payx Funds Held For Clients And Corporate Investments Amortized Cost
FundsHeldForClientsAndCorporateInvestmentsAmortizedCost
4334700000 USD
CY2012Q2 payx Funds Held For Clients And Corporate Investments Amortized Cost
FundsHeldForClientsAndCorporateInvestmentsAmortizedCost
5165500000 USD
CY2012Q4 payx Funds Held For Clients And Corporate Investments Fair Value
FundsHeldForClientsAndCorporateInvestmentsFairValue
4398400000 USD
CY2012Q2 payx Funds Held For Clients And Corporate Investments Fair Value
FundsHeldForClientsAndCorporateInvestmentsFairValue
5225400000 USD
CY2012Q4 payx Funds Held For Clients And Corporate Investments Gross Unrealized Gains
FundsHeldForClientsAndCorporateInvestmentsGrossUnrealizedGains
63800000 USD
CY2012Q2 payx Funds Held For Clients And Corporate Investments Gross Unrealized Gains
FundsHeldForClientsAndCorporateInvestmentsGrossUnrealizedGains
60300000 USD
CY2012Q4 payx Funds Held For Clients And Corporate Investments Gross Unrealized Losses
FundsHeldForClientsAndCorporateInvestmentsGrossUnrealizedLosses
100000 USD
CY2012Q2 payx Funds Held For Clients And Corporate Investments Gross Unrealized Losses
FundsHeldForClientsAndCorporateInvestmentsGrossUnrealizedLosses
400000 USD
CY2012Q2 payx Funds Held For Clients Money Market Securities And Other Cash Equivalents Amortized Cost
FundsHeldForClientsMoneyMarketSecuritiesAndOtherCashEquivalentsAmortizedCost
2157200000 USD
CY2012Q4 payx Funds Held For Clients Money Market Securities And Other Cash Equivalents Amortized Cost
FundsHeldForClientsMoneyMarketSecuritiesAndOtherCashEquivalentsAmortizedCost
1380100000 USD
CY2012Q2 payx Funds Held For Clients Money Market Securities And Other Cash Equivalents Fair Value
FundsHeldForClientsMoneyMarketSecuritiesAndOtherCashEquivalentsFairValue
2157200000 USD
CY2012Q4 payx Funds Held For Clients Money Market Securities And Other Cash Equivalents Fair Value
FundsHeldForClientsMoneyMarketSecuritiesAndOtherCashEquivalentsFairValue
1380100000 USD
CY2012Q2 payx Funds Held For Clients Money Market Securities And Other Cash Equivalents Gross Unrealized Gains
FundsHeldForClientsMoneyMarketSecuritiesAndOtherCashEquivalentsGrossUnrealizedGains
0 USD
CY2012Q4 payx Funds Held For Clients Money Market Securities And Other Cash Equivalents Gross Unrealized Gains
FundsHeldForClientsMoneyMarketSecuritiesAndOtherCashEquivalentsGrossUnrealizedGains
0 USD
CY2012Q2 payx Funds Held For Clients Money Market Securities And Other Cash Equivalents Gross Unrealized Losses
FundsHeldForClientsMoneyMarketSecuritiesAndOtherCashEquivalentsGrossUnrealizedLosses
0 USD
CY2012Q4 payx Funds Held For Clients Money Market Securities And Other Cash Equivalents Gross Unrealized Losses
FundsHeldForClientsMoneyMarketSecuritiesAndOtherCashEquivalentsGrossUnrealizedLosses
0 USD
CY2012Q4 payx Furniture Fixtures And Equipment Gross
FurnitureFixturesAndEquipmentGross
152600000 USD
CY2012Q2 payx Furniture Fixtures And Equipment Gross
FurnitureFixturesAndEquipmentGross
154200000 USD
CY2012Q4 payx Irrevocable Standby Letters Of Credit Amount Available
IrrevocableStandbyLettersOfCreditAmountAvailable
38800000 USD
CY2012Q2 payx Irrevocable Standby Letters Of Credit Amount Available
IrrevocableStandbyLettersOfCreditAmountAvailable
46800000 USD
payx Maximum Individual Claims Liability Workers Compensation Insurance
MaximumIndividualClaimsLiabilityWorkersCompensationInsurance
1000000 USD
CY2012 payx Maximum Individual Claims Liability Workers Compensation Insurance
MaximumIndividualClaimsLiabilityWorkersCompensationInsurance
1000000 USD
CY2012Q4 payx Maximum Maturity Period For Variable Rate Demand Note Primarily Categorized As Due After Five Years
MaximumMaturityPeriodForVariableRateDemandNotePrimarilyCategorizedAsDueAfterFiveYears
P30Y
CY2012Q4 payx Minimum Maturity Period For Variable Rate Demand Note Primarily Categorized As Due After Five Years
MinimumMaturityPeriodForVariableRateDemandNotePrimarilyCategorizedAsDueAfterFiveYears
P20Y
CY2012Q2 payx Other Securities Amortized Cost
OtherSecuritiesAmortizedCost
8800000 USD
payx Net Change In Client Fund Obligations
NetChangeInClientFundObligations
-829800000 USD
payx Net Change In Client Fund Obligations
NetChangeInClientFundObligations
-528300000 USD
payx Net Change In Funds Held For Clients Money Market Securities And Other Cash Equivalents
NetChangeInFundsHeldForClientsMoneyMarketSecuritiesAndOtherCashEquivalents
777100000 USD
payx Net Change In Funds Held For Clients Money Market Securities And Other Cash Equivalents
NetChangeInFundsHeldForClientsMoneyMarketSecuritiesAndOtherCashEquivalents
519900000 USD
CY2012Q4 payx Other Securities Amortized Cost
OtherSecuritiesAmortizedCost
9600000 USD
CY2012Q2 payx Other Securities Fair Value
OtherSecuritiesFairValue
9200000 USD
CY2012Q4 payx Other Securities Fair Value
OtherSecuritiesFairValue
10400000 USD
CY2012Q2 payx Other Securities Gross Unrealized Gains
OtherSecuritiesGrossUnrealizedGains
500000 USD
CY2012Q4 payx Other Securities Gross Unrealized Gains
OtherSecuritiesGrossUnrealizedGains
800000 USD
CY2012Q2 payx Other Securities Gross Unrealized Losses
OtherSecuritiesGrossUnrealizedLosses
100000 USD
CY2012Q4 payx Other Securities Gross Unrealized Losses
OtherSecuritiesGrossUnrealizedLosses
0 USD
CY2012Q2 payx Separately Designated Demand Deposit Account
SeparatelyDesignatedDemandDepositAccount
13700000 USD
CY2012Q4 payx Separately Designated Demand Deposit Account
SeparatelyDesignatedDemandDepositAccount
19600000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--05-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Period End Date
DocumentPeriodEndDate
2012-11-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000723531
CY2012Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
363716410 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
PAYCHEX INC

Files In Submission

Name View Source Status
0000723531-12-000011-index-headers.html Edgar Link pending
0000723531-12-000011-index.html Edgar Link pending
0000723531-12-000011.txt Edgar Link pending
0000723531-12-000011-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
payx-11302012x10q.htm Edgar Link pending
payx-11302012xex311.htm Edgar Link pending
payx-11302012xex312.htm Edgar Link pending
payx-11302012xex321.htm Edgar Link pending
payx-11302012xex322.htm Edgar Link pending
payx-20121130.xml Edgar Link completed
payx-20121130.xsd Edgar Link pending
payx-20121130_cal.xml Edgar Link unprocessable
payx-20121130_def.xml Edgar Link unprocessable
payx-20121130_lab.xml Edgar Link unprocessable
payx-20121130_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending