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FUNDS HELD FOR CLIENTS (Tables)
12 Months Ended
Jun. 30, 2022
Funds Held For Clients [Abstract]  
Investment
Funds held for clients are as follows:
 June 30, 2022
 
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
Demand deposit accounts and other cash equivalents$1,549,882 $— $— $1,549,882 
U.S. Treasury and direct obligations of U.S. government agencies29,367 — (290)29,077 
Corporate bonds112,753 (1,894)110,863 
Commercial paper6,642 (3)6,641 
Other securities19,817 (366)19,453 
$1,718,461 $$(2,553)$1,715,916 
 
 June 30, 2021
 
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
Demand deposit accounts and other cash equivalents$557,366 $— $— $557,366 
U.S. Treasury and direct obligations of U.S. government agencies28,757 92 (11)28,838 
Corporate bonds50,188 1,900 (189)51,899 
Commercial paper21,831 11 (6)21,836 
Other securities9,821 629 (74)10,376 
 $667,963 $2,632 $(280)$670,315 
Investments Classified by Contractual Maturity Date Expected maturities as of June 30, 2022 for client fund assets are as follows:
Due within fiscal year 2023
$1,632,317 
Due within fiscal year 2024
37,050 
Due within fiscal year 2025
35,092 
Due after fiscal year 2025
11,457 
Total$1,715,916