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REVENUE RECOGNITION
 9 Months Ended
Mar. 31, 2022
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION
NOTE 2: REVENUE RECOGNITION
The majority of our revenues are from our U.S. tax services business. The following table disaggregates our U.S. tax services revenues by major service line, with revenues from our international tax services businesses and from Wave included as separate lines:
(in 000s)
Three months ended March 31,Nine months ended March 31,
2022202120222021
Revenues:
U.S. assisted tax preparation$1,392,142 $1,290,892 $1,456,594 $1,532,079 
U.S. royalties158,786 150,117 169,548 178,126 
U.S. DIY tax preparation175,184 181,294 188,455 234,871 
International65,232 62,869 151,464 148,282 
Refund Transfers132,223 134,799 134,665 141,309 
Emerald Card®50,660 73,647 103,748 96,045 
Peace of Mind® Extended Service Plan17,222 17,668 59,373 63,430 
Tax Identity Shield®9,078 8,643 19,431 22,446 
Interest and fee income on Emerald AdvanceSM
30,535 38,247 43,438 52,812 
Wave20,111 16,082 58,745 44,656 
Other10,584 9,306 27,736 28,819 
Total revenues$2,061,757 $1,983,564 $2,413,197 $2,542,875 
Changes in the balances of deferred revenue and wages for our Peace of Mind® Extended Service Plan (POM) are as follows:
(in 000s)
POMDeferred RevenueDeferred Wages
Nine months ended March 31,2022202120222021
Balances as of July 1,$172,759 $167,827 $17,867 $18,707 
Amounts deferred80,801 87,175 9,006 8,712 
Amounts recognized on previous deferrals(69,075)(73,683)(6,786)(8,068)
Balances as of March 31,
$184,485 $181,319 $20,087 $19,351 
As of March 31, 2022, deferred revenue related to POM was $184.5 million. We expect that $101.2 million will be recognized over the next twelve months, while the remaining balance will be recognized over the following five years.
As of March 31, 2022 and 2021, Tax Identity Shield® (TIS) deferred revenue was $37.4 million and $38.2 million, respectively. Deferred revenue related to TIS was $28.3 million and $28.8 million as of June 30, 2021 and June 30, 2020, respectively. All deferred revenue related to TIS will be recognized by April 2023.