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Fair Value Measurement (Tables)
12 Months Ended
Jun. 30, 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
June 30, 2022
TotalLevel 1Level 2Level 3
Cash and cash equivalents$139,756 $139,756 $— $— 
Funds held for clients' cash and cash equivalents3,653,697 3,640,427 13,270 — 
Available-for-sale securities:
Commercial paper58,040 — 58,040 — 
Corporate bonds57,853 — 57,853 — 
Asset-backed securities9,704 — 9,704 — 
Certificates of deposit31,836 — 31,836 — 
U.S. treasury securities166,987 — 166,987 — 
U.S. government agency securities7,549 — 7,549 — 
Other2,110 — 2,110 — 
Total available-for-sale securities334,079 — 334,079 — 
Total investments$4,127,532 $3,780,183 $347,349 $— 
June 30, 2023
TotalLevel 1Level 2Level 3
Cash and cash equivalents$288,767 $288,767 $— $— 
Funds held for clients' cash and cash equivalents2,132,545 2,132,545 — — 
Available-for-sale securities:
Commercial paper109,877 — 109,877 — 
Corporate bonds110,413 — 110,413 — 
Asset-backed securities29,734 — 29,734 — 
Certificates of deposit68,159 — 68,159 — 
U.S. treasury securities156,000 — 156,000 — 
U.S. government agency securities7,487 — 7,487 — 
Other7,200 — 7,200 — 
Total available-for-sale securities488,870 — 488,870 — 
Total investments$2,910,182 $2,421,312 $488,870 $—