Other Assets (Text Block)

12 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

OTHER ASSETS

Goodwill

The carrying amount of goodwill for the fiscal years ended June 30, 2023, and 2022, by reportable segments, is as follows:


	June 30,
Core	2023		2022
Beginning balance	$	195,578	$	195,578
Goodwill, acquired during the year	—		—

Goodwill, adjustments related to dispositions	—		—
Ending balance	$	195,578	$	195,578

Payments
Beginning balance	$	325,326	$	325,326
Goodwill, acquired during the year	117,339		—
Goodwill, adjustments related to dispositions	—		—
Ending balance	$	442,665	$	325,326

Complementary
Beginning balance	$	166,554	$	166,554
Goodwill, acquired during the year	—		—

Goodwill, adjustments related to dispositions	—		—
Ending balance	$	166,554	$	166,554

Goodwill acquired during fiscal 2023 and 2022 was $117,339 and $0, respectively. Goodwill consists largely of the growth potential, synergies and economies of scale expected from combining the operations of the Company with those of the entities or assets acquired, together with their assembled workforces. No goodwill has been assigned to the Company's Corporate and Other reportable segment.

Other intangible assets

Information regarding other identifiable intangible assets is as follows:


	June 30, 2023
	Gross Carrying Amount		Accumulated Amortization		Net
Customer relationships	$	306,036	$	(240,508)	$	65,528
Computer software	$	1,386,291	$	(820,577)	$	565,714
Other intangible assets:	$	108,826	$	(88,828)	$	19,998

	June 30, 2022
	Gross Carrying Amount		Accumulated Amortization		Net
Customer relationships	$	316,401	$	(246,898)	$	69,503
Computer software	$	1,111,308	$	(700,351)	$	410,957
Other intangible assets:	$	108,688	$	(83,551)	$	25,137

Customer relationships have useful lives ranging from 5 to 20 years.

Computer software includes cost of software to be sold, leased, or marketed of $171,310 and costs of internal-use software of $394,404 at June 30, 2023. At June 30, 2022, costs of software to be sold, leased, or marketed totaled $173,402, and costs of internal-use software totaled $237,555.

Computer software includes the unamortized cost of commercial software products developed or acquired by the Company, which are capitalized and amortized over useful lives generally ranging from 5 to 15 years. Amortization expense for computer software totaled $123,210, $105,036, and $99,305 for the fiscal years ended June 30, 2023,

2022, and 2021, respectively. There were no material impairments in fiscal years ended June 30, 2023, 2022, and 2021.

The Company's other intangible assets have useful lives ranging from 3 to 20 years.

Amortization expense for all intangible assets was $142,006, $126,835, and $123,233 for the fiscal years ended June 30, 2023, 2022, and 2021, respectively. The estimated aggregate future amortization expense for each of the next five years for all intangible assets remaining as of June 30, 2023, is as follows:


Years Ending June 30,	Computer Software		Customer Relationships		Other Intangible Assets		Total
2024	$	120,305	$	8,771	$	5,752	$	134,828
2025	101,776		8,317		3,454		113,547
2026	80,122		7,952		2,589		90,663
2027	56,718		7,858		2,227		66,803
2028	31,200		7,821		1,157		40,178