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

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Description of Business and Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Stock-Based Compensation Plans (Details 4)

v2.4.0.6

Stock-Based Compensation Plans (Details 4) (Performance Stock Options [Member], USD $) In Millions, except Per Share data, unless otherwise specified	12 Months Ended
	May 31, 2012 Y
Performance Stock Options [Member]
Performance stock option activity
Options outstanding, Beginning Balance, Shares
Options outstanding, Beginning balance, Weighted-average exercise price per share
Options Granted	2.7
Options granted, Weighted-average exercise price per share	$ 30.83
Options exercised
Options exercised, Weighted-average exercise price per share
Options forfeited	(0.1)
Options forfeited, Weighted-average exercise price per share	$ 31.63
Options expired
Options expired, Weighted-average exercise price per share
Options outstanding, Ending balance, Shares	2.6
Options outstanding, Ending balance, Weighted-average remaining contractual term	9.2
Options outstanding, Ending balance, Aggregate intrinsic value	$ 1.2
Options exercisable, Ending balance, Shares
Options outstanding, Ending balance, Weighted-average exercise price per share	$ 30.80
Options exercisable, Ending balance, Weighted-average exercise price per share
Options exercisable, Ending balance, Weighted-average remaining contractual term
Options exercisable, Ending balance, Aggregate intrinsic value

- Definition

The total dollar difference between fair values of the underlying shares reserved for issuance and exercise prices of vested portions of options outstanding and currently exercisable under the option plan as of the balance sheet date.

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