XML 25 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Income and Comprehensive Income (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Feb. 28, 2014
Feb. 28, 2013
Feb. 28, 2014
Feb. 28, 2013
Revenue:        
Service revenue $ 626.0 $ 582.4 $ 1,824.4 $ 1,709.9
Interest on funds held for clients 10.5 10.9 30.5 31.0
Total revenue 636.5 593.3 1,854.9 1,740.9
Expenses:        
Operating expenses 177.1 171.2 509.5 498.3
Selling, general and administrative expenses 208.7 197.1 591.0 549.6
Total expenses 385.8 368.3 1,100.5 1,047.9
Operating income 250.7 225.0 754.4 693.0
Investment income, net 1.5 1.4 4.0 5.2
Income before income taxes 252.2 226.4 758.4 698.2
Income taxes 92.1 81.9 276.8 252.7
Net income 160.1 144.5 481.6 445.5
Other comprehensive income/(loss), net of tax:        
Unrealized gains/(losses) on securities, net of tax 10.9 (7.0) 2.6 (5.0)
Total other comprehensive income/(loss), net of tax 10.9 (7.0) 2.6 (5.0)
Comprehensive income $ 171.0 $ 137.5 $ 484.2 $ 440.5
Basic earnings per share $ 0.44 $ 0.40 $ 1.32 $ 1.23
Diluted earnings per share $ 0.44 $ 0.40 $ 1.31 $ 1.22
Weighted-average common shares outstanding 364.2 363.8 364.8 363.5
Weighted-average common shares outstanding, assuming dilution 365.8 364.6 366.3 364.2
Cash dividends per common share $ 0.35 $ 0.66 $ 1.05 $ 1.31