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This is the expense the company spent on research and development. Jack Henry & Associates Inc's research and development for the three months ended in Mar. 2016 was $20 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2016 was $77 Mil.
This is the expense the company spent on research and development.
Jack Henry & Associates Inc Research & Development for the trailing twelve months (TTM) ended in Mar. 2016 was 19.5 (Jun. 2015 ) + 18.554 (Sep. 2015 ) + 18.862 (Dec. 2015 ) + 19.854 (Mar. 2016 ) = $77 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
If competitive advantage is created by a patent or tech advantage, at some point it will disappear.
High R&D usually dictates high SG&A which threatens the competitive advantage.
Jack Henry & Associates Inc Annual Data
|Research & Development||32||36||43||43||51||63||61||63||67||71|
Jack Henry & Associates Inc Quarterly Data
|Research & Development||16||17||17||17||18||18||20||19||19||20|