Hurricane Sandy's flooding at a Lyndhurst, N.J., item processingcenter prevented Jack Henry & Associates from having a recordquarter in terms of operating income, the technology provider tobanks and credit unions said this week.

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The Monett, Mo.-based company said the late October storm caused $13.7 million in expenses at the NewJersey site. That boosted its operating expenses by 19% to $111.2million for the first six months of its 2013 fiscal year comparedto the $93.3 million of the year-ago period, the company said.

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“We continue to have a very good fiscal 2013 with both thequarter and first six months providing record revenue and grossprofit compared to any respective periods in our history. Wealso would have had record operating income for the quarter if notfor the expenses related to Lyndhurst,” said company President TonyWormington.

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“Support and services revenue was once again the primary driverof our total revenue growth with 11% growth within that revenueline for the quarter compared to last year. We continue tosee strong growth in every component within this line with theprimary driver again being our electronic payments,” Wormingtonsaid.

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Operating income decreased 2% to $59.4 million, or 21% of secondquarter revenue, compared to $60.8 million, or 24% of revenue inthe second quarter of fiscal 2012, the company said.

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Operating income increased 7% to $126.9 million for the firstsix months of fiscal 2013 compared to $118.6 million for the sameperiod a year ago.

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Jack Henry & Associates said it now serves more than 11,900customers through its Jack Henry Banking, Symitar and ProfitStars brands.

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