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REVENUE RECOGNITION
 9 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION
NOTE 2: REVENUE RECOGNITION
The majority of our revenues are from our United States (U.S.) tax services business. The following table disaggregates our U.S. revenues by major service line, with revenues from our international tax services businesses and from Wave included as separate lines:
(in 000s)
Three months ended March 31,Nine months ended March 31,
2025202420252024
Revenues:
U.S. assisted tax preparation$1,635,877 $1,534,825 $1,727,220 $1,622,430 
U.S. royalties133,961 141,915 143,312 153,070 
U.S. DIY tax preparation214,666 198,570 231,646 215,529 
Refund Transfers113,732 118,937 115,229 120,892 
Peace of Mind® Extended Service Plan15,625 16,813 54,867 59,100 
Tax Identity Shield®7,025 7,536 14,947 16,810 
Emerald Card® and SpruceSM
40,195 41,160 59,169 61,493 
Interest and fee income on Emerald Advance®14,286 21,169 26,594 36,702 
International60,438 68,264 157,104 158,398 
Wave26,717 23,580 79,681 70,656 
Other14,582 12,065 40,215 32,637 
Total revenues$2,277,104 $2,184,834 $2,649,984 $2,547,717 
Changes in the balances of deferred revenue and wages for our Peace of Mind® Extended Service Plan (POM) are as follows:
(in 000s)
POMDeferred RevenueDeferred Wages
Nine months ended March 31,2025202420252024
Balance, beginning of the period$156,610 $167,257 $20,212 $21,828 
Amounts deferred70,536 72,369 7,222 8,324 
Amounts recognized on previous deferrals(64,885)(68,445)(8,396)(8,324)
Balance, end of the period$162,261 $171,181 $19,038 $21,828 
As of March 31, 2025, deferred revenue related to POM was $162.3 million. We expect that $91.8 million will be recognized over the next twelve months, while the remaining balance will be recognized over the following five years.
As of March 31, 2025 and 2024, Tax Identity Shield® (TIS) deferred revenue was $31.2 million and $31.6 million, respectively. Deferred revenue related to TIS was $21.4 million and $25.2 million as of June 30, 2024 and 2023, respectively. All deferred revenue related to TIS will be recognized through April 2026.