Fair Value Measurement (Tables)

9 Months Ended

Mar. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of fair value level for cash and cash equivalents and available-for-sale securities measured on a recurring basis

The fair value level for the Company’s cash and cash equivalents and available-for-sale securities was as follows:

	June 30, 2022
	Total		Level 1		Level 2		Level 3
Cash and cash equivalents	$	139,756	$	139,756	$	—	$	—
Funds held for clients' cash and cash equivalents	3,653,697		3,640,427		13,270		—
Available-for-sale securities:
Commercial paper	58,040		—		58,040		—
Corporate bonds	57,853		—		57,853		—
Asset-backed securities	9,704		—		9,704		—
Certificates of deposit	31,836		—		31,836		—
U.S. treasury securities	166,987		—		166,987		—
U.S government agency securities	7,549		—		7,549		—
Other	2,110		—		2,110		—
Total available-for-sale securities	334,079		—		334,079		—
Total investments	$	4,127,532	$	3,780,183	$	347,349	$	—

	March 31, 2023
	Total		Level 1		Level 2		Level 3
Cash and cash equivalents	$	233,692	$	233,692	$	—	$	—
Funds held for clients' cash and cash equivalents	2,605,158		2,601,578		3,580		—
Available-for-sale securities:
Commercial paper	151,831		—		151,831		—
Corporate bonds	117,798		—		117,798		—
Asset-backed securities	28,901		—		28,901		—
Certificates of deposit	84,027		—		84,027		—
U.S. treasury securities	199,939		—		199,939		—
U.S government agency securities	7,504		—		7,504		—
Other	7,257		—		7,257		—
Total available-for-sale securities	597,257		—		597,257		—
Total investments	$	3,436,107	$	2,835,270	$	600,837	$	—