Paychex, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets, Net of Accumulated Amortization (Tables)

Goodwill and Intangible Assets, Net of Accumulated Amortization (Tables)

12 Months Ended

May 31, 2011

Goodwill and Intangible Assets, Net of Accumulated Amortization (Tables) [Abstract]

Components of intangible assets, at cost


		May 31,
In millions		2011				2010

Client lists		$	223.4			$	194.4
Other intangible assets			2.0				1.1

Total intangible assets, gross			225.4				195.5
Less: Accumulated amortization			148.2				133.9

Intangible assets, net of accumulated amortization		$	77.2			$	61.6

Estimated future amortization expense relating to intangible asset balances


In millions
Year ending May 31,		Estimated amortization expense

2012		$	22.9
2013		$	17.7
2014		$	12.7
2015		$	9.0
2016		$	6.2