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Cash and Cash Equivalents and Funds Held for Clients (Tables) | 12 Months Ended
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Jun. 30, 2026
Cash and Cash Equivalents and Funds Held for Clients [Abstract] |
Schedule of cash and cash equivalents and funds held for clients | Cash and cash equivalents and Funds held for clients consisted of the following:
|  | June 30, 2025
Type of Issue |  | Amortized cost |  | Gross unrealized gains |  | Gross unrealized losses |  | Fair value
Cash and cash equivalents |  | $ | 398,070 |  | $ | — |  | $ | — |  | $ | 398,070
Funds held for clients' cash and cash equivalents |  | 2,084,456 |  | — |  | — |  | 2,084,456
Available-for-sale securities: |  |  |  |  |  |  |  |
Corporate bonds |  | 372,171 |  | 6,497 |  | (76) |  | 378,592
Asset-backed securities |  | 51,709 |  | 476 |  | (7) |  | 52,178
Certificates of deposit |  | 61,681 |  | 9 |  | (3) |  | 61,687
U.S treasury securities |  | 84,889 |  | 402 |  | (27) |  | 85,264
Commercial paper |  | 17,273 |  | — |  | (1) |  | 17,272
Other |  | 24,378 |  | 310 |  | — |  | 24,688
Total available-for-sale securities |  | 612,101 |  | 7,694 |  | (114) |  | 619,681
Total investments |  | $ | 3,094,627 |  | $ | 7,694 |  | $ | (114) |  | $ | 3,102,207
|  | June 30, 2026
Type of Issue |  | Amortized cost |  | Gross unrealized gains |  | Gross unrealized losses |  | Fair value
Cash and cash equivalents |  | $ | 271,917 |  | $ | — |  | $ | — |  | $ | 271,917
Funds held for clients' cash and cash equivalents |  | 2,598,049 |  | — |  | — |  | 2,598,049
Available-for-sale securities: |  |  |  |  |  |  |  |
Corporate bonds |  | 506,538 |  | 2,571 |  | (3,439) |  | 505,670
Asset-backed securities |  | 38,987 |  | 97 |  | (107) |  | 38,977
U.S treasury securities |  | 38,800 |  | 41 |  | (19) |  | 38,822
Other |  | 29,016 |  | 154 |  | (184) |  | 28,986
Total available-for-sale securities |  | 613,341 |  | 2,863 |  | (3,749) |  | 612,455
Total investments |  | $ | 3,483,307 |  | $ | 2,863 |  | $ | (3,749) |  | $ | 3,482,421
Schedule of the classification of investments | Classification of investments on the consolidated balance sheets was as follows:
| June 30,
| 2025 |  | 2026
Cash and cash equivalents | $ | 398,070 |  | $ | 271,917
Funds held for clients | 2,704,137 |  | 3,210,504
Total investments | $ | 3,102,207 |  | $ | 3,482,421
Schedule of available-for-sale securities that have been in an unrealized loss position for less and greater than 12 months | Available-for-sale securities that have been in an unrealized loss position for a period of less and greater than 12 months as of June 30, 2025 and 2026 had fair market value as follows:
| June 30, 2025
| Securities in an unrealized loss position for less than 12 months |  | Securities in an unrealized loss position for greater than 12 months |  | Total
| Gross unrealized losses |  | Fair value |  | Gross unrealized losses |  | Fair value |  | Gross unrealized losses |  | Fair value
Corporate bonds | $ | (9) |  | $ | 10,002 |  | $ | (67) |  | $ | 8,279 |  | $ | (76) |  | $ | 18,281
Asset-backed securities | (4) |  | 4,154 |  | (3) |  | 2,948 |  | (7) |  | 7,102
Certificates of deposit | (3) |  | 19,468 |  | — |  | — |  | (3) |  | 19,468
U.S. treasury securities | (25) |  | 37,581 |  | (2) |  | 998 |  | (27) |  | 38,579
Commercial paper | (1) |  | 17,272 |  | — |  | — |  | (1) |  | 17,272
Total available-for-sale securities | $ | (42) |  | $ | 88,477 |  | $ | (72) |  | $ | 12,225 |  | $ | (114) |  | $ | 100,702
| June 30, 2026
| Securities in an unrealized loss position for less than 12 months |  | Securities in an unrealized loss position for greater than 12 months |  | Total
| Gross unrealized losses |  | Fair value |  | Gross unrealized losses |  | Fair value |  | Gross unrealized losses |  | Fair value
Corporate bonds | $ | (3,431) |  | 253,572 |  | $ | (8) |  | $ | 1,947 |  | $ | (3,439) |  | $ | 255,519
Asset-backed securities | (107) |  | 18,105 |  | — |  | — |  | (107) |  | 18,105
U.S. treasury securities | (19) |  | 31,823 |  | — |  | — |  | (19) |  | 31,823
Other | (184) |  | 12,235 |  | — |  | — |  | (184) |  | 12,235
Total available-for-sale securities | $ | (3,741) |  | $ | 315,735 |  | $ | (8) |  | $ | 1,947 |  | $ | (3,749) |  | $ | 317,682
Schedule of expected maturities of available-for-sale securities | Expected maturities of available-for-sale securities at June 30, 2026 were as follows:
| Amortized cost |  | Fair value
One year or less | $ | 65,383 |  | $ | 65,587
One year to two years | 49,381 |  | 49,489
Two years to three years | 191,146 |  | 192,912
Three years to five years | 297,696 |  | 294,659
Five years and thereafter | 9,735 |  | 9,808
Total available-for-sale securities | $ | 613,341 |  | $ | 612,455

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