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10-Q Filing

JACK HENRY & ASSOCIATES INC CIK: 779152 Q1 2011
Filing Information
Form Type 10-Q
Accession Number 0000926236-10-000049
Period End Date 20100930
Filing Date 20101105
Fiscal Year 2011
Fiscal Period Q1
XBRL Instance jkhy-20100930.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 line items
Line Item Tag Value Unit Period
Preferred stock, par value PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $46.77M USD Point-in-time
Preferred stock, authorized shares PreferredStockSharesAuthorized 500,000.00 shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $108.02M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $118.25M USD Point-in-time
Preferred stock, authorized shares PreferredStockSharesAuthorized 500,000.00 shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $125.52M USD Point-in-time
Investments, at amortized cost OtherMarketableSecuritiesCurrent $1.00M USD Point-in-time
Preferred stock, issued shares PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, issued shares PreferredStockSharesIssued 0.00 shares Point-in-time
Investments, at amortized cost OtherMarketableSecuritiesCurrent $1.00M USD Point-in-time
Receivables ReceivablesNetCurrent $208.45M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Receivables ReceivablesNetCurrent $133.50M USD Point-in-time
Income tax receivable IncomeTaxesReceivable $6.22M USD Point-in-time
Common stock, authorized shares CommonStockSharesAuthorized 250.00M shares Point-in-time
Income tax receivable IncomeTaxesReceivable $6.94M USD Point-in-time
Common stock, authorized shares CommonStockSharesAuthorized 250.00M shares Point-in-time
Prepaid expenses and other OtherAssetsCurrent $35.65M USD Point-in-time
Common stock, issued shares CommonStockSharesIssued 99.97M shares Point-in-time
Common stock, issued shares CommonStockSharesIssued 99.81M shares Point-in-time
Prepaid expenses and other OtherAssetsCurrent $31.76M USD Point-in-time
Prepaid cost of product OtherInventory $25.63M USD Point-in-time
Treasury stock, shares TreasuryStockShares 14.41M shares Point-in-time
Prepaid cost of product OtherInventory $19.43M USD Point-in-time
Treasury stock, shares TreasuryStockShares 14.41M shares Point-in-time
Total current assets AssetsCurrent $248.75M USD Point-in-time
Total current assets AssetsCurrent $393.10M USD Point-in-time
PROPERTY AND EQUIPMENT, net PropertyPlantAndEquipmentNet $274.67M USD Point-in-time
PROPERTY AND EQUIPMENT, net PropertyPlantAndEquipmentNet $274.47M USD Point-in-time
Non-current prepaid cost of product PrepaidExpenseNoncurrent $11.09M USD Point-in-time
Non-current prepaid cost of product PrepaidExpenseNoncurrent $13.44M USD Point-in-time
Computer software, net of amortization CapitalizedComputerSoftwareNet $115.65M USD Point-in-time
Computer software, net of amortization CapitalizedComputerSoftwareNet $114.33M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $25.39M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $24.73M USD Point-in-time
Customer relationships, net of amortization IntangibleAssetsCurrent $191.91M USD Point-in-time
Customer relationships, net of amortization IntangibleAssetsCurrent $196.33M USD Point-in-time
Trade names IndefiniteLivedTradeNames $10.76M USD Point-in-time
Trade names IndefiniteLivedTradeNames $10.81M USD Point-in-time
Goodwill Goodwill $537.11M USD Point-in-time
Goodwill Goodwill $537.11M USD Point-in-time
Total other assets AssetsNoncurrent $896.37M USD Point-in-time
Total other assets AssetsNoncurrent $892.28M USD Point-in-time
Total assets Assets $1.56B USD Point-in-time
Total assets Assets $1.42B USD Point-in-time
Accounts payable AccountsPayableCurrent $13.50M USD Point-in-time
Accounts payable AccountsPayableCurrent $8.63M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $46.19M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $37.91M USD Point-in-time
Deferred income tax liability DeferredTaxLiabilitiesCurrent $13.27M USD Point-in-time
Deferred income tax liability DeferredTaxLiabilitiesCurrent $13.28M USD Point-in-time
Accrued income taxes AccruedIncomeTaxes $3.85M USD Point-in-time
Accrued income taxes AccruedIncomeTaxes $13.20M USD Point-in-time
Notes payable and current maturities of long term debt LongTermDebtCurrent $105.96M USD Point-in-time
Notes payable and current maturities of long term debt LongTermDebtCurrent $11.04M USD Point-in-time
Deferred revenues DeferredRevenueCurrent $220.97M USD Point-in-time
Deferred revenues DeferredRevenueCurrent $264.22M USD Point-in-time
Total current liabilities LiabilitiesCurrent $305.04M USD Point-in-time
Total current liabilities LiabilitiesCurrent $446.99M USD Point-in-time
Non-current deferred revenues DeferredRevenueNoncurrent $14.37M USD Point-in-time
Non-current deferred revenues DeferredRevenueNoncurrent $11.40M USD Point-in-time
Non-current deferred income tax liability DeferredTaxLiabilitiesNoncurrent $74.59M USD Point-in-time
Non-current deferred income tax liability DeferredTaxLiabilitiesNoncurrent $75.11M USD Point-in-time
Debt, net of current maturities LongTermLoansPayable $272.73M USD Point-in-time
Debt, net of current maturities LongTermLoansPayable $235.42M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $8.39M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $8.07M USD Point-in-time
Total long term liabilities LiabilitiesNoncurrent $366.79M USD Point-in-time
Total long term liabilities LiabilitiesNoncurrent $333.30M USD Point-in-time
Total liabilities Liabilities $813.77M USD Point-in-time
Total liabilities Liabilities $638.34M USD Point-in-time
Preferred stock - $1 par value; 500,000 shares authorized, none issued PreferredStockValue - USD Point-in-time
Preferred stock - $1 par value; 500,000 shares authorized, none issued PreferredStockValue - USD Point-in-time
Common stock - $0.01 par value; 250,000,000 shares authorized; shares issued at 09/30/10 were 99,967,554 shares issued at 06/30/10 were 99,808,367 CommonStockValue $998.00K USD Point-in-time
Common stock - $0.01 par value; 250,000,000 shares authorized; shares issued at 09/30/10 were 99,967,554 shares issued at 06/30/10 were 99,808,367 CommonStockValue $1.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $334.82M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $337.96M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $724.14M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $747.79M USD Point-in-time
Less treasury stock at cost 14,406,635 shares at 09/30/10 and 06/30/10 TreasuryStockValue $-309.58M USD Point-in-time
Less treasury stock at cost 14,406,635 shares at 09/30/10 and 06/30/10 TreasuryStockValue $-309.58M USD Point-in-time
Total stockholders' equity StockholdersEquity $750.37M USD Point-in-time
Total stockholders' equity StockholdersEquity $777.16M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $1.56B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $1.42B USD Point-in-time
Income Statement 50 line items
Line Item Tag Value Unit Period
License LicenseAndMaintenanceRevenue $11.40M USD 1 Quarter
License LicenseAndMaintenanceRevenue $9.46M USD 1 Quarter
Support and service SalesRevenueServicesNet $155.93M USD 1 Quarter
Support and service SalesRevenueServicesNet $210.61M USD 1 Quarter
Hardware SalesRevenueGoodsNet $15.00M USD 1 Quarter
Hardware SalesRevenueGoodsNet $14.75M USD 1 Quarter
Total revenue Revenues $234.82M USD 1 Quarter
Total revenue Revenues $182.33M USD 1 Quarter
Cost of license CostOfServicesLicensesAndMaintenanceAgreements $1.18M USD 1 Quarter
Cost of license CostOfServicesLicensesAndMaintenanceAgreements $1.12M USD 1 Quarter
Cost of support and service CostOfServices $125.81M USD 1 Quarter
Cost of support and service CostOfServices $95.81M USD 1 Quarter
Cost of hardware CostOfGoodsSold $11.01M USD 1 Quarter
Cost of hardware CostOfGoodsSold $10.80M USD 1 Quarter
Total cost of sales CostOfRevenue $137.79M USD 1 Quarter
Total cost of sales CostOfRevenue $107.94M USD 1 Quarter
GROSS PROFIT GrossProfit $97.03M USD 1 Quarter
GROSS PROFIT GrossProfit $74.39M USD 1 Quarter
Selling and marketing SellingAndMarketingExpense $16.36M USD 1 Quarter
Selling and marketing SellingAndMarketingExpense $12.12M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $15.39M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $10.15M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $12.51M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $10.18M USD 1 Quarter
Total operating expenses OperatingExpenses $32.45M USD 1 Quarter
Total operating expenses OperatingExpenses $44.26M USD 1 Quarter
OPERATING INCOME OperatingIncomeLoss $41.94M USD 1 Quarter
OPERATING INCOME OperatingIncomeLoss $52.77M USD 1 Quarter
Interest income InterestIncomeOperating $41.00K USD 1 Quarter
Interest income InterestIncomeOperating $17.00K USD 1 Quarter
Interest expense InterestExpense $-2.89M USD 1 Quarter
Interest expense InterestExpense $-90.00K USD 1 Quarter
Total interest income (expense) InterestIncomeExpenseNet $-2.88M USD 1 Quarter
Total interest income (expense) InterestIncomeExpenseNet $-49.00K USD 1 Quarter
INCOME BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $49.90M USD 1 Quarter
INCOME BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $41.89M USD 1 Quarter
PROVISION FOR INCOME TAXES IncomeTaxExpenseBenefit $15.61M USD 1 Quarter
PROVISION FOR INCOME TAXES IncomeTaxExpenseBenefit $18.13M USD 1 Quarter
NET INCOME NetIncomeLoss $31.77M USD 1 Quarter
NET INCOME NetIncomeLoss $26.27M USD 1 Quarter
Diluted net income per share EarningsPerShareDiluted $0.37 USD 1 Quarter
Diluted net income per share EarningsPerShareDiluted $0.31 USD 1 Quarter
Diluted weighted average shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 86.15M shares 1 Quarter
Diluted weighted average shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 84.82M shares 1 Quarter
Basic net income per share EarningsPerShareBasic $0.37 USD 1 Quarter
Basic net income per share EarningsPerShareBasic $0.31 USD 1 Quarter
Basic weighted average shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 83.87M shares 1 Quarter
Basic weighted average shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 85.47M shares 1 Quarter
Cash dividends paid per share CommonStockDividendsPerShareCashPaid $0.09 USD 1 Quarter
Cash dividends paid per share CommonStockDividendsPerShareCashPaid $0.10 USD 1 Quarter
Cash Flow Statement 68 line items
Line Item Tag Value Unit Period
NET INCOME NetIncomeLoss $31.77M USD 1 Quarter
NET INCOME NetIncomeLoss $26.27M USD 1 Quarter
Depreciation Depreciation $10.22M USD 1 Quarter
Depreciation Depreciation $8.97M USD 1 Quarter
Amortization AdjustmentForAmortization $6.86M USD 1 Quarter
Amortization AdjustmentForAmortization $11.95M USD 1 Quarter
Change in deferred income taxes DeferredIncomeTaxExpenseBenefit $244.00K USD 1 Quarter
Change in deferred income taxes DeferredIncomeTaxExpenseBenefit $522.00K USD 1 Quarter
Expense for stock-based compensation ShareBasedCompensation $640.00K USD 1 Quarter
Expense for stock-based compensation ShareBasedCompensation $933.00K USD 1 Quarter
Loss on disposal of assets GainLossOnSaleOfPropertyPlantEquipment $29.00K USD 1 Quarter
Loss on disposal of assets GainLossOnSaleOfPropertyPlantEquipment $139.00K USD 1 Quarter
Change in receivables IncreaseDecreaseInReceivables $74.95M USD 1 Quarter
Change in receivables IncreaseDecreaseInReceivables $70.88M USD 1 Quarter
Change in prepaid expenses, prepaid cost of product and other IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-11.25M USD 1 Quarter
Change in prepaid expenses, prepaid cost of product and other IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-7.96M USD 1 Quarter
Change in accounts payable IncreaseDecreaseInAccountsPayable $-4.87M USD 1 Quarter
Change in accounts payable IncreaseDecreaseInAccountsPayable $964.00K USD 1 Quarter
Change in accrued expenses IncreaseDecreaseInOtherAccruedLiabilities $-3.74M USD 1 Quarter
Change in accrued expenses IncreaseDecreaseInOtherAccruedLiabilities $-8.98M USD 1 Quarter
Change in income taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $10.36M USD 1 Quarter
Change in income taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $9.44M USD 1 Quarter
Change in deferred revenues IncreaseDecreaseInDeferredRevenue $-47.05M USD 1 Quarter
Change in deferred revenues IncreaseDecreaseInDeferredRevenue $-40.28M USD 1 Quarter
Net cash from operating activities NetCashProvidedByUsedInOperatingActivities $75.36M USD 1 Quarter
Net cash from operating activities NetCashProvidedByUsedInOperatingActivities $65.66M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $-11.98M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $-10.02M USD 1 Quarter
Proceeds from sale of assets ProceedsFromSaleOfPropertyPlantAndEquipment $25.00K USD 1 Quarter
Proceeds from sale of assets ProceedsFromSaleOfPropertyPlantAndEquipment - USD 1 Quarter
Computer software developed PaymentsToDevelopSoftware $-5.35M USD 1 Quarter
Computer software developed PaymentsToDevelopSoftware $-6.16M USD 1 Quarter
Proceeds from investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $1.00M USD 1 Quarter
Proceeds from investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $1.00M USD 1 Quarter
Purchase of investments PaymentsForProceedsFromOtherInvestingActivities $-1.00M USD 1 Quarter
Purchase of investments PaymentsForProceedsFromOtherInvestingActivities $-999.00K USD 1 Quarter
Net cash from investing activities NetCashProvidedByUsedInInvestingActivities $-17.30M USD 1 Quarter
Net cash from investing activities NetCashProvidedByUsedInInvestingActivities $-16.18M USD 1 Quarter
Borrowings on credit facilities ProceedsFromRepaymentsOfOtherLongTermDebt $435.00K USD 1 Quarter
Borrowings on credit facilities ProceedsFromRepaymentsOfOtherLongTermDebt $1.62M USD 1 Quarter
Repayments on credit facilities RepaymentsOfLongTermDebt $-132.29M USD 1 Quarter
Repayments on credit facilities RepaymentsOfLongTermDebt $-62.17M USD 1 Quarter
Dividends paid PaymentsOfDividends $-8.12M USD 1 Quarter
Dividends paid PaymentsOfDividends $-7.14M USD 1 Quarter
Excess tax benefits from stock-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $192.00K USD 1 Quarter
Excess tax benefits from stock-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $117.00K USD 1 Quarter
Proceeds from issuance of common stock upon exercise of stock options ProceedsFromStockOptionsExercised $2.02M USD 1 Quarter
Proceeds from issuance of common stock upon exercise of stock options ProceedsFromStockOptionsExercised $10.04M USD 1 Quarter
Minimum tax withholding payments related to option exercises ProceedsFromOtherEquity $-667.00K USD 1 Quarter
Minimum tax withholding payments related to option exercises ProceedsFromOtherEquity $-1.62M USD 1 Quarter
Proceeds from sale of common stock, net ProceedsFromIssuanceOrSaleOfEquity $566.00K USD 1 Quarter
Proceeds from sale of common stock, net ProceedsFromIssuanceOrSaleOfEquity $484.00K USD 1 Quarter
Net cash from financing activities NetCashProvidedByUsedInFinancingActivities $-58.59M USD 1 Quarter
Net cash from financing activities NetCashProvidedByUsedInFinancingActivities $-137.93M USD 1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $-10.23M USD 1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $-78.75M USD 1 Quarter
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $46.77M USD Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $108.02M USD Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $118.25M USD Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $125.52M USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashAndCashEquivalentsAtCarryingValue $46.77M USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashAndCashEquivalentsAtCarryingValue $108.02M USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashAndCashEquivalentsAtCarryingValue $118.25M USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashAndCashEquivalentsAtCarryingValue $125.52M USD Point-in-time
Cash paid for income taxes IncomeTaxesPaid $7.12M USD 1 Quarter
Cash paid for income taxes IncomeTaxesPaid $5.75M USD 1 Quarter
Cash paid for interest InterestPaid $3.17M USD 1 Quarter
Cash paid for interest InterestPaid $135.00K USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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