Henry (Jack) & Associates JKHY Payments — Reclassification of Cost from Complementary to Payments
Discontinued — last reported Q3 '23
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Where this comes from
Reported directly by Henry (Jack) & Associates in its filing.
Tagged under the XBRL concept jkhy:ReclassificationOfCostFromComplementaryToPayments.
The official record: Henry (Jack) & Associates’s 10-Q, filed May 8, 2023, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Henry (Jack) & Associates's payments — reclassification of cost from complementary to payments?
- Henry (Jack) & Associates (JKHY) reported payments — reclassification of cost from complementary to payments of $1.22M in Q1 2023.
- What does payments — reclassification of cost from complementary to payments mean?
- The amount of operating expenses moved from the Complementary business unit to the Payments business unit.
- How do you interpret payments — reclassification of cost from complementary to payments?
- An increase suggests a higher allocation of shared operating costs to the Payments segment, which may impact reported segment margins.
- How does payments — reclassification of cost from complementary to payments compare across companies?
- Typical in organizations that periodically re-evaluate the allocation of shared operating expenses across business units.