Interim Financial Data by Segment

6 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Interim Financial Data by Segment

Interim Financial Data by Segment

Based upon similar economic and operational characteristics, the Company’s strategic business units have been aggregated into the following two reportable segments: Employer Services and PEO Services. The primary components of the “Other” segment are certain corporate overhead charges and expenses that have not been allocated to the reportable segments, including corporate functions, costs related to transformation, severance costs, non-recurring gains and losses, the elimination of intercompany transactions, and interest expense. Certain revenues and expenses are charged to the reportable segments at a standard rate for management reasons. Other costs are recorded based on management responsibility.

Segment Results:

	Revenues
	Three Months Ended				Six Months Ended
	December 31,				December 31,
	2023		2022		2023		2022
Employer Services	$	3,125.2	$	2,891.9	$	6,171.6	$	5,682.2
PEO Services	1,546.1		1,503.3		3,015.7		2,932.7
Other	(3.3)		(4.2)		(7.0)		(8.3)
	$	4,668.0	$	4,391.0	$	9,180.3	$	8,606.6

  

	Earnings before Income Taxes
	Three Months Ended				Six Months Ended
	December 31,				December 31,
	2023		2022		2023		2022
Employer Services	$	1,061.9	$	934.6	$	2,070.4	$	1,798.1
PEO Services	255.0		255.6		477.9		485.9
Other	(173.1)		(132.1)		(311.7)		(215.9)
	$	1,143.8	$	1,058.1	$	2,236.6	$	2,068.1