RECEIVABLES (Tables)

6 Months Ended

Dec. 31, 2023

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

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


(in 000s)
As of	December 31, 2023				June 30, 2023
	Short-term		Long-term		Short-term		Long-term
Loans to franchisees	$	19,743	$	20,303	$	6,344	$	19,206
Receivables for U.S. assisted and DIY tax preparation and related fees	6,901		6,925		11,061		6,824
H&R Block's Instant Refund® receivables	3,460		305		8,499		414
Emerald AdvanceSM	347,025		9,410		10,834		7,089
Software receivables from retailers	2,669		—		1,650		—
Royalties and other receivables from franchisees	5,553		—		3,416		—
Wave payment processing receivables	1,758		—		964		—
Other	10,344		1,631		17,219		1,108
Total	$	397,453	$	38,574	$	59,987	$	34,641

Schedule of Receivables Based On Year of Origination

alances and amounts on non-accrual status, classified as impaired, or more than 60 days past due, by tax return year of origination, as of December 31, 2023 are as follows:


			(in 000s)

Tax return year of origination	Balance		More Than 60 Days Past Due
2022	$	3,593	$	3,471
2021 and prior	172		172

	3,765		$	3,643
Allowance	—
Net balance	$	3,765

Balances and amounts on non-accrual status, classified as impaired, or more than 60 days past due, by fiscal year of origination, as of December 31, 2023 are as follows:


(in 000s)
Fiscal year of origination	Balance		Non-Accrual
2024 – Term loans	$	358,084	$	—
2023 and prior – Lines of credit and Revolving Loans	15,908		15,908

	373,992		$	15,908
Allowance	(17,557)
Net balance	$	356,435

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 six months ended December 31, 2023 and 2022 is as follows:


(in 000s)
	EAs		All Other		Total
Balances as of July 1, 2023	$	27,386	$	35,108	$	62,494
Provision for credit losses	17,885		3,651		21,536
Charge-offs, recoveries and other	(27,714)		(37,613)		(65,327)
Balances as of December 31, 2023	$	17,557	$	1,146	$	18,703
Balances as of July 1, 2022	$	26,141	$	51,126	$	77,267
Provision for credit losses	15,081		1,500		16,581
Charge-offs, recoveries and other	(14,814)		(51,429)		(66,243)
Balances as of December 31, 2022	$	26,408	$	1,197	$	27,605