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Interim Financial Data by Segment | 9 Months Ended
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Mar. 31, 2026
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. 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. The Company's Chief Operating Decision Maker ("CODM") is the Chief Executive Officer. For each reportable segment, the CODM uses earnings before income taxes, including plan-to-actual and forecast-to-actual results, to assess segment performance and allocate resources (including personnel and capital resources) amongst its strategic business units. The CODM does not review assets at the reportable segment level, hence segment disclosure relating to total assets has not been provided. The following tables present the Company's revenues, significant segment expenses, and earnings before income taxes by reportable segment:
Three Months Ended March 31, 2026 |  | Employer Services |  | PEO Services |  |  |  | Total
Revenues from external customers |  | $ | 3,633.0 |  |  | $ | 1,902.3 |  |  |  |  | $ | 5,535.3 |
Interest on funds held for clients |  | 400.2 |  |  | 3.7 |  |  |  |  | 403.9 |
Intercompany revenues |  | 2.9 |  |  | — |  |  |  |  | 2.9 |
Total segment revenues |  | 4,036.1 |  |  | 1,906.0 |  |  |  |  | 5,942.1 |
Reconciliation of revenues: |  |  |  |  |  |  |  |
Intercompany eliminations |  |  |  |  |  |  |  | (2.9) |
Total consolidated revenues |  |  |  |  |  |  |  | $ | 5,939.2 |
Less segment expenses: (a) |  |  |  |  |  |  |  |
Selling and marketing |  | 603.0 |  |  | 109.5 |  |  |  |  |
Zero-margin benefits pass-through costs |  | — |  |  | 1,170.0 |  |  |  |  |
Worker's compensation coverage and state unemployment taxes |  | — |  |  | 271.4 |  |  |  |  |
Other segment expenses (b) |  | 1,775.0 |  |  | 107.9 |  |  |  |  |
Total segment earnings before income taxes |  | 1,658.1 |  |  | 247.2 |  |  |  |  | 1,905.3 |
Reconciliation of earnings before income taxes: |  |  |  |  |  |  |  |
Other (c) |  |  |  |  |  |  |  | (123.5) |
Total consolidated earnings before income taxes |  |  |  |  |  |  |  | $ | 1,781.8 |
Three Months Ended March 31, 2025 |  | Employer Services |  | PEO Services |  |  |  | Total
Revenues from external customers |  | $ | 3,412.6 |  |  | $ | 1,785.2 |  |  |  |  | $ | 5,197.8 |
Interest on funds held for clients |  | 351.9 |  |  | 3.3 |  |  |  |  | 355.2 |
Intercompany revenues |  | 3.4 |  |  | — |  |  |  |  | 3.4 |
Total segment revenues |  | 3,767.9 |  |  | 1,788.5 |  |  |  |  | 5,556.4 |
Reconciliation of revenues: |  |  |  |  |  |  |  |
Intercompany eliminations |  |  |  |  |  |  |  | (3.4) |
Total consolidated revenues |  |  |  |  |  |  |  | $ | 5,553.0 |
Less segment expenses: (a) |  |  |  |  |  |  |  |
Selling and marketing |  | 555.0 |  |  | 94.0 |  |  |  |  |
Zero-margin benefits pass-through costs |  | — |  |  | 1,090.0 |  |  |  |  |
Worker's compensation coverage and state unemployment taxes |  | — |  |  | 252.5 |  |  |  |  |
Other segment expenses (b) |  | 1,712.8 |  |  | 98.7 |  |  |  |  |
Total segment earnings before income taxes |  | 1,500.1 |  |  | 253.3 |  |  |  |  | 1,753.4 |
Reconciliation of earnings before income taxes: |  |  |  |  |  |  |  |
Other (c) |  |  |  |  |  |  |  | (131.5) |
Total consolidated earnings before income taxes |  |  |  |  |  |  |  | $ | 1,621.9 |
Nine Months Ended March 31, 2026 |  | Employer Services |  | PEO Services |  |  |  | Total
Revenues from external customers |  | $ | 10,134.7 |  |  | $ | 5,339.5 |  |  |  |  | $ | 15,474.2 |
Interest on funds held for clients |  | 990.2 |  |  | 9.2 |  |  |  |  | 999.4 |
Intercompany revenues |  | 9.7 |  |  | — |  |  |  |  | 9.7 |
Total segment revenues |  | 11,134.6 |  |  | 5,348.7 |  |  |  |  | 16,483.3 |
Reconciliation of revenues: |  |  |  |  |  |  |  |
Intercompany eliminations |  |  |  |  |  |  |  | (9.7) |
Total consolidated revenues |  |  |  |  |  |  |  | $ | 16,473.6 |
Less segment expenses: (a) |  |  |  |  |  |  |  |
Selling and marketing |  | 1,733.5 |  |  | 304.9 |  |  |  |  |
Zero-margin benefits pass-through costs |  | — |  |  | 3,427.2 |  |  |  |  |
Worker's compensation coverage and state unemployment taxes |  | — |  |  | 564.8 |  |  |  |  |
Other segment expenses (b) |  | 5,235.5 |  |  | 332.8 |  |  |  |  |
Total segment earnings before income taxes |  | 4,165.6 |  |  | 719.0 |  |  |  |  | 4,884.6 |
Reconciliation of earnings before income taxes: |  |  |  |  |  |  |  |
Other (c) |  |  |  |  |  |  |  | (412.1) |
Total consolidated earnings before income taxes |  |  |  |  |  |  |  | $ | 4,472.5 |
Nine Months Ended March 31, 2025 |  | Employer Services |  | PEO Services |  |  |  | Total
Revenues from external customers |  | $ | 9,534.6 |  |  | $ | 5,018.2 |  |  |  |  | $ | 14,552.8 |
Interest on funds held for clients |  | 873.2 |  |  | 8.1 |  |  |  |  | 881.3 |
Intercompany revenues |  | 9.6 |  |  | — |  |  |  |  | 9.6 |
Total segment revenues |  | 10,417.4 |  |  | 5,026.3 |  |  |  |  | 15,443.7 |
Reconciliation of revenues: |  |  |  |  |  |  |  |
Intercompany eliminations |  |  |  |  |  |  |  | (9.6) |
Total consolidated revenues |  |  |  |  |  |  |  | $ | 15,434.1 |
Less segment expenses: (a) |  |  |  |  |  |  |  |
Selling and marketing |  | 1,591.9 |  |  | 266.1 |  |  |  |  |
Zero-margin benefits pass-through costs |  | — |  |  | 3,194.4 |  |  |  |  |
Worker's compensation coverage and state unemployment taxes |  | — |  |  | 532.9 |  |  |  |  |
Other segment expenses (b) |  | 4,978.2 |  |  | 302.3 |  |  |  |  |
Total segment earnings before income taxes |  | 3,847.3 |  |  | 730.6 |  |  |  |  | 4,577.9 |
Reconciliation of earnings before income taxes: |  |  |  |  |  |  |  |
Other (c) |  |  |  |  |  |  |  | (458.5) |
Total consolidated earnings before income taxes |  |  |  |  |  |  |  | $ | 4,119.4 |
(a) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. Intercompany expenses are included in the amounts shown. (b) Other segment expenses for both reportable segments include operating, research and development, depreciation and amortization, and other general and administrative expenses. (c) Other represents certain corporate overhead charges and expenses that have not been allocated to the reportable segments, including corporate functions, legal settlements, company-wide severance initiatives, non-recurring gains and losses, the elimination of intercompany transactions, and interest income and expense. The following table presents the Company's depreciation and amortization included in earnings before income taxes for each reportable segment:
|  | Three Months Ended |  | Nine Months Ended
|  | March 31, |  | March 31,
|  | 2026 |  | 2025 |  | 2026 |  | 2025
Employer Services |  | $ | 131.6 |  |  | $ | 129.8 |  |  | $ | 393.2 |  |  | $ | 383.7 |
PEO Services |  | 0.5 |  |  | 1.7 |  |  | 1.7 |  |  | 5.0 |
Other |  | 14.3 |  |  | 15.6 |  |  | 43.8 |  |  | 48.0 |
Total depreciation and amortization |  | $ | 146.4 |  |  | $ | 147.1 |  |  | $ | 438.7 |  |  | $ | 436.7 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name 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