RECEIVABLES (Tables)

9 Months Ended

Mar. 31, 2022

Accounts, Notes, Loans and Financing Receivable, Unclassified [Abstract]

Receivables, net of their related allowance, consist of the following:


(in 000s)
As of	March 31, 2022				June 30, 2021
	Short-term		Long-term			Short-term		Long-term
Loans to franchisees	$	14,499	$	26,411		$	9,497	$	28,026
Receivables for U.S. assisted and DIY tax preparation and related fees	120,483		3,215			41,900		3,793
H&R Block Instant RefundTM receivables	38,213		1,547			2,357		159
H&R Block Emerald Advance® lines of credit	8,510		12,775			8,248		8,089
Software receivables from retailers	9,126		—			2,910		—
Royalties and other receivables from franchisees	48,562		98			6,167		178

Wave payment processing receivables	1,879		—			2,187		—
Other	20,330		1,212			15,666		1,350


Total	$	261,602	$	45,258		$	88,932	$	41,595

Schedule of Receivables Based On Year of Origination

alances and amounts on non-accrual status and classified as impaired, or more than 60 days past due, by tax return year of origination, as of March 31, 2022 are as follows:


			(in 000s)

Tax return year of origination:	Balance		Non-Accrual
2021	$	40,565	$	—
2020 and prior	266		266

	40,831		$	266
Allowance	(1,071)
Net balance	$	39,760

Balances and amounts on non-accrual status and classified as impaired, or more than 60 days past due, by fiscal year of origination, as of March 31, 2022 are as follows:


(in 000s)
Fiscal year of origination:	Balance		Non-Accrual
2022	$	32,795	$	32,795
2021 and prior	777		777
Revolving loans	12,837		12,246
	46,409		$	45,818
Allowance	(25,124)
Net balance	$	21,285

Schedule of Activity in Allowance For Credit Losses

Activity in the allowance for credit losses for our EA and all other short-term and long-term receivables for the nine months ended March 31, 2022 and 2021 is as follows:


(in 000s)
	EAs		All Other		Total
Balances as of July 1, 2021	$	27,704	$	60,272	$	87,976
Provision	13,797		45,981		59,778

Charge-offs, recoveries and other	(16,377)		(60,343)		(76,720)

Balances as of March 31, 2022	$	25,124	$	45,910	$	71,034
Balances as of July 1, 2020	$	32,034	$	52,166	$	84,200
Provision	13,411		47,017		60,428
Charge-offs, recoveries and other	(18,650)		(54,092)		(72,742)
Balances as of March 31, 2021	$	26,795	$	45,091	$	71,886