UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549



FORM 8-K



CURRENT REPORT



Pursuant To Section 13 or 15(d) of the

Securities Exchange Act of 1934



Date of Report: June 27, 2018

(Date of earliest event reported)



PAYCHEX, INC.

(Exact name of registrant as specified in its charter)









(585) 385-6666

(Registrant’s telephone number, including area code)



N/A

(Former name or former address, if changed since last report.)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:





Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).



Emerging growth company   ☐



If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ☐

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ITEM 7.01 REGULATION FD DISCLOSURE



As previously announced, the Company hosted a conference call at 11:00 a.m. Eastern Time on Wednesday June 27, 2018 to review the impacts of Accounting Standards Update No. 2014-09, “Revenue from Contracts with Customers” or Accounting Standards Codification Topic 606 (“ASC 606”) and certain other items. To supplement this discussion, the Company prepared a presentation setting forth information regarding the impact of ASC 606 and certain other items on the Company’s financial results for the fiscal years ended May 31, 2018 (“fiscal 2018”) and May 31, 2017 (“fiscal 2017”), along with each fiscal quarter within fiscal 2018. The presentation is furnished as Exhibit 99.1 to this Form 8-K.



The information furnished pursuant to Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities under such section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except to the extent specifically provided in such a filing.

 

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS



The following exhibit relating to Item 7.01 of this Form 8-K shall be deemed to be “furnished,” not “filed,” for purposes of the Exchange Act:







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SIGNATURES



Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.





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