Paychex, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

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

Basic and Diluted Earnings Per Share (Details Textual)

v2.4.1.9

Basic and Diluted Earnings Per Share (Details Textual) (USD $) In Millions, unless otherwise specified	3 Months Ended		9 Months Ended
	Feb. 28, 2015	Feb. 28, 2014	Feb. 28, 2015	Feb. 28, 2014	May 31, 2014
Equity, Class of Treasury Stock [Line Items]
Common stock issued in connection with the exercise or vesting of stock-based awards	0.5	0.5	1.9	3.3
Share Repurchase Program 1 [Member]
Equity, Class of Treasury Stock [Line Items]
Stock repurchased and retired during period, Shares		1.1		5.0
Stock repurchased and retired during period, Value		43.9		203.0
Share Repurchase Program 2 [Member]
Equity, Class of Treasury Stock [Line Items]
Stock repurchased and retired during period, Shares	0.4		1.7
Stock repurchased and retired during period, Value	17.9		70.4
Stock repurchase program, Authorized amount					$ 350

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Gross number of shares (or other type of equity) issued during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP). Shares issued could result from the issuance of restricted stock, the exercise of stock options, stock issued under employee stock purchase plans, and/or other employee benefit plans.

+ References

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Number of shares that have been repurchased and retired during the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29, 30

-Article 5

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Equity impact of the value of stock that has been repurchased and retired during the period. The excess of the purchase price over par value can be charged against retained earnings (once the excess is fully allocated to additional paid in capital).

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Amount of stock repurchase plan authorized.

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