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

Quarterly report pursuant to Section 13 or 15(d)

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

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

3 Months Ended

Aug. 31, 2012

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

Components of intangible assets, at cost


In millions		August 31, 2012				May 31, 2012
Client lists		$	223.5			$	223.6
Other intangible assets			2.0				2.0

Total intangible assets, gross			225.5				225.6
Less: Accumulated amortization			174.2				169.8

Intangible assets, net of accumulated amortization		$	51.3			$	55.8

Estimated future amortization expense relating to intangible asset balances


In millions Fiscal year ending May 31,		Estimated amortization expense
2013		$	18.1
2014		$	13.1
2015		$	9.3
2016		$	6.4
2017		$	4.4