XML 28 R20.htm IDEA: XBRL DOCUMENT
v3.24.3

Service Revenue (Tables) | 3 Months Ended
--- | ---
Aug. 31, 2024
Revenue from Contract with Customer [Abstract] |
Summary of PEO Pass-Through Costs Netted in Revenue | PEO pass-through costs netted within the PEO and Insurance Solutions revenue were as follows:
|  | For the three months ended |
|  | August 31, |
In millions |  | 2024 |  |  | 2023 |
Payroll wages and payroll taxes |  | $ |  | 6,881.6 |  |  | $ |  | 6,414.6 |
State unemployment insurance (included in payroll wages and payroll taxes) |  | $ |  | 23.0 |  |  | $ |  | 18.6 |
Guaranteed cost benefit plans |  | $ |  | 165.8 |  |  | $ |  | 162.5 |
Summary of Changes in Deferred Revenue Related to Material Rights Performance Obligations | Changes in deferred revenue related to material rights that exceed one year were as follows:
|  | For the three months ended |
|  | August 31, |
In millions |  | 2024 |  |  | 2023 |
Balance, beginning of period |  | $ |  | 74.9 |  |  | $ |  | 62.0 |
Deferral of revenue |  |  |  | 7.6 |  |  |  |  | 12.9 |
Recognition of unearned revenue |  |  |  | (9.1 | ) |  |  |  | (7.9 | )
Balance, end of period |  | $ |  | 73.4 |  |  | $ |  | 67.0 |
Summary of Deferred Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction |
In millions |  | Estimated |
Year ending May 31, |  | recognition of unearned revenue |
2025 |  | $ |  | 25.3 |
2026 |  |  |  | 26.4 |
Thereafter |  |  |  | 21.7 |
Total recognition of unearned revenue |  | $ |  | 73.4 |
Summary of Changes in Deferred Costs to Obtain and Fulfill Contracts | Changes in deferred costs to obtain and fulfill contracts were as follows:
Costs to obtain contracts: |  |  |  |  |  |  |  |
|  | For the three months ended |
|  | August 31, |
In millions |  | 2024 |  |  | 2023 |
Balance, beginning of period |  | $ |  | 609.4 |  |  | $ |  | 597.5 |
Capitalization of costs |  |  |  | 45.3 |  |  |  |  | 55.7 |
Amortization |  |  |  | (51.8 | ) |  |  |  | (50.6 | )
Balance, end of period |  | $ |  | 602.9 |  |  | $ |  | 602.6 |
Costs to fulfill contracts: |  |  |  |  |  |  |  |
|  | For the three months ended |
|  | August 31, |
In millions |  | 2024 |  |  | 2023 |
Balance, beginning of period |  | $ |  | 76.6 |  |  | $ |  | 75.3 |
Capitalization of costs |  |  |  | 6.3 |  |  |  |  | 6.5 |
Amortization |  |  |  | (6.7 | ) |  |  |  | (6.6 | )
Balance, end of period |  | $ |  | 76.2 |  |  | $ |  | 75.2 |

X
- Definition Pass Through Costs Netted Within Revenue [Table Text Block] + References No definition available. + Details
Name: | payx_PassThroughCostsNettedWithinRevenueTableTextBlock
Namespace Prefix: | payx_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cost capitalized in obtaining or fulfilling contract with customer. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 340 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479483/340-40-50-3 + Details
Name: | us-gaap_CapitalizedContractCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(1) -SubTopic 10 -Topic 606 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 + Details
Name: | us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration