H&R Block (HRB) 10-Q 7 Feb 23 2023 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Dec. 31, 2022	Jan. 31, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Dec. 31, 2022
Document Transition Report	false
Entity File Number	1-06089
Entity Registrant Name	H&R Block, Inc.
Entity Incorporation, State or Country Code	MO
Entity Tax Identification Number	44-0607856
Entity Address, Address Line One	One H&R Block Way
Entity Address, City or Town	Kansas City
Entity Address, State or Province	MO
Entity Address, Postal Zip Code	64105
City Area Code	816
Local Phone Number	854-3000
Title of 12(b) Security	Common Stock, without par value
Trading Symbol	HRB
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Entity Central Index Key	0000012659
Current Fiscal Year End Date	--06-30
Entity Common Stock, Shares Outstanding		152,277,089

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
REVENUES:
Total revenues	$ 166,405	$ 158,816	$ 346,390	$ 351,440
OPERATING EXPENSES:
Costs of revenues	298,345	289,323	559,007	530,855
Selling, general and administrative	151,263	146,793	279,697	272,657
Total operating expenses	449,608	436,116	838,704	803,512
Other income (expense), net	4,185	1,467	7,796	1,751
Interest expense on borrowings	(18,985)	(23,085)	(34,809)	(45,915)
Loss from continuing operations before income tax benefit	(298,003)	(298,918)	(519,327)	(496,236)
Income tax benefit	(77,140)	(109,845)	(131,097)	(157,218)
Net loss from continuing operations	(220,863)	(189,073)	(388,230)	(339,018)
Net loss from discontinued operations, net of tax benefits of $812, $461, $1,128 and $956	(2,716)	(1,532)	(3,770)	(3,188)
NET LOSS	$ (223,579)	$ (190,605)	$ (392,000)	$ (342,206)
BASIC AND DILUTED LOSS PER SHARE:
Continuing operations	$ (1.43)	$ (1.09)	$ (2.48)	$ (1.93)
Discontinued operations	(0.02)	(0.01)	(0.02)	(0.02)
Consolidated	(1.45)	(1.10)	(2.50)	(1.95)
Dividends declared per share (in usd per share)	$ 0.29	$ 0.27	$ 0.58	$ 0.54
COMPREHENSIVE LOSS:
Net loss	$ (223,579)	$ (190,605)	$ (392,000)	$ (342,206)
Change in foreign currency translation adjustments	9,307	1,656	(23,038)	(9,521)
Other comprehensive income (loss)	9,307	1,656	(23,038)	(9,521)
Comprehensive loss	(214,272)	(188,949)	(415,038)	(351,727)
Service revenues
REVENUES:
Total revenues	139,565	133,725	306,759	310,702
Royalty, product and other revenues
REVENUES:
Total revenues	$ 26,840	$ 25,091	$ 39,631	$ 40,738

CONSOLIDATED STATEMENTS OF OP_2

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Net loss from discontinued operations, tax	$ 812	$ 461	$ 1,128	$ 956

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Jun. 30, 2022
ASSETS
Cash and cash equivalents	$ 264,455	$ 885,015
Cash and cash equivalents - restricted	27,733	165,698
Receivables, less allowance for credit losses of $27,323 and $65,351	328,616	58,447
Income taxes receivable	46,646	202,838
Prepaid expenses and other current assets	108,405	72,460
Total current assets	775,855	1,384,458
Property and equipment, at cost, less accumulated depreciation and amortization of $881,230 and $857,468	136,824	123,912
Operating lease right of use assets	382,723	427,783
Intangible assets, net	304,539	309,644
Goodwill	764,802	760,401
Deferred tax assets and income taxes receivable	181,721	208,948
Other noncurrent assets	46,760	54,012
Total assets	2,593,224	3,269,158
LIABILITIES:
Accounts payable and accrued expenses	137,118	160,929
Accrued salaries, wages and payroll taxes	68,089	154,764
Accrued income taxes and reserves for uncertain tax positions	73,572	280,115
Current portion of long-term debt	0	0
Operating lease liabilities	184,343	206,898
Deferred revenue and other current liabilities	182,711	196,107
Total current liabilities	645,833	998,813
Long-term debt and line of credit borrowings	2,067,937	1,486,876
Deferred tax liabilities and reserves for uncertain tax positions	231,041	226,362
Operating lease liabilities	205,409	228,820
Deferred revenue and other noncurrent liabilities	86,483	116,656
Total liabilities	3,236,703	3,057,527
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:
Common stock, no par, stated value $0.01 per share, 800,000,000 shares authorized, shares issued of 185,403,081 and 193,571,309	1,854	1,936
Additional paid-in capital	767,683	772,182
Accumulated other comprehensive loss	(44,683)	(21,645)
Retained earnings (deficit)	(708,437)	120,405
Less treasury shares, at cost, of 33,127,313 and 33,640,988	(659,896)	(661,247)
Total stockholders' equity (deficiency)	(643,479)	211,631
Total liabilities and stockholders' equity	$ 2,593,224	$ 3,269,158

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2022	Jun. 30, 2022
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 27,323	$ 65,351
Accumulated depreciation and amortization	$ 881,230	$ 857,468
Common stock, stated value per share (in usd per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	800,000,000	800,000,000
Common stock, shares issued (in shares)	185,403,081	193,571,309
Treasury stock, shares (in shares)	33,127,313	33,640,988

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS $ in Thousands	3 Months Ended	6 Months Ended
	Dec. 31, 2021 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (190,605)	$ (392,000)	$ (342,206)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization		66,347	71,346
Provision		16,581	14,639
Deferred taxes		41,534	16,685
Stock-based compensation		17,893	13,233
Changes in assets and liabilities, net of acquisitions:
Receivables		(262,293)	(216,071)
Prepaid expenses, other current and noncurrent assets		(32,983)	(46,928)
Accounts payable, accrued expenses, salaries, wages and payroll taxes		(121,156)	(121,926)
Deferred revenue, other current and noncurrent liabilities		(52,703)	(50,882)
Income tax receivables, accrued income taxes and income tax reserves		(60,163)	(247,088)
Other, net		(1,515)	(4,373)
Net cash used in operating activities		(780,458)	(913,571)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures		(41,495)	(39,371)
Payments made for business acquisitions, net of cash acquired		(39,757)	(19,333)
Franchise loans funded		(17,491)	(14,480)
Payments from franchisees		3,861	6,213
Other, net		(4,208)	9,527
Net cash used in investing activities		(99,090)	(57,444)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments of line of credit borrowings		(170,000)	(210,000)
Proceeds from line of credit borrowings		750,000	485,000
Dividends paid		(89,193)	(96,938)
Repurchase of common stock, including shares surrendered		(365,633)	(324,589)
Proceeds from exercise of stock options		1,427	4,067
Other, net		2,212	(7,423)
Net cash provided by (used in) financing activities		128,813	(149,883)
Effects of exchange rate changes on cash		(7,790)	(3,330)
Net decrease in cash and cash equivalents, including restricted balances		(758,525)	(1,124,228)
Cash, cash equivalents and restricted cash, beginning of period		1,050,713	1,584,164
Cash, cash equivalents and restricted cash, end of period	459,936	292,188	459,936
SUPPLEMENTARY CASH FLOW DATA:
Income taxes paid (received), net	72,169	(114,385)
Interest paid on borrowings	36,539	31,812
Accrued purchase of common stock	4,845	0
Accrued additions to property and equipment	1,393	2,499
New operating right of use assets and related lease liabilities	73,710	79,917
Accrued dividends payable to common shareholders	$ 46,497	$ 44,569	$ 46,497

CONSOLIDATED STATEMENT OF STOCK

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands		Total	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Income (Loss)(1)		Retained Earnings (Deficit)	Treasury Stock
Beginning Balances, (in shares) at Jun. 30, 2021			216,656,000					34,842,000
Beginning Balances, Value at Jun. 30, 2021		$ 388,058	$ 2,167	$ 779,465	$ 88	[1]	$ 286,694	$ (680,356)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss		(151,601)					(151,601)
Other comprehensive income (loss)		(11,177)			(11,177)	[1]
Stock-based compensation		5,627		5,627
Stock-based awards exercised or vested		3,146		(10,328)			(291)	$ 13,765
Stock-based awards exercised or vested (in shares)								705,000
Acquisition of treasury shares (in shares)	[2]							(205,000)
Acquisition of treasury shares(2)	[2]	(4,817)						$ (4,817)
Repurchase and retirement of common shares (in shares)			(6,802,000)
Repurchase and retirement of common shares		(165,768)	$ (68)	(4,081)			(161,619)
Cash dividends declared - $0.27 per share		(47,940)					(47,940)
Ending Balances, (in shares) at Sep. 30, 2021			209,854,000					34,342,000
Ending Balances, Value at Sep. 30, 2021		$ 15,528	$ 2,099	770,683	(11,089)	[1]	(74,757)	$ (671,408)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared per share (in usd per share)		$ 0.27
Beginning Balances, (in shares) at Jun. 30, 2021			216,656,000					34,842,000
Beginning Balances, Value at Jun. 30, 2021		$ 388,058	$ 2,167	779,465	88	[1]	286,694	$ (680,356)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss		(342,206)
Ending Balances, (in shares) at Dec. 31, 2021			203,265,000					34,222,000
Ending Balances, Value at Dec. 31, 2021		$ (372,655)	$ 2,033	770,661	(9,433)		(466,856)	$ (669,060)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared per share (in usd per share)		$ 0.54
Stock-based compensation		$ 13,200
Beginning Balances, (in shares) at Sep. 30, 2021			209,854,000					34,342,000
Beginning Balances, Value at Sep. 30, 2021		15,528	$ 2,099	770,683	(11,089)	[1]	(74,757)	$ (671,408)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss		(190,605)					(190,605)
Other comprehensive income (loss)		1,656			1,656
Stock-based compensation		5,640		5,640
Stock-based awards exercised or vested		472		(1,709)			(219)	$ 2,400
Stock-based awards exercised or vested (in shares)								122,000
Acquisition of treasury shares (in shares)								(2,000)
Acquisition of treasury shares(2)		(52)						$ (52)
Repurchase and retirement of common shares (in shares)			(6,589,000)
Repurchase and retirement of common shares		(158,797)	$ (66)	(3,953)			(154,778)
Cash dividends declared - $0.27 per share		(46,497)					(46,497)
Ending Balances, (in shares) at Dec. 31, 2021			203,265,000					34,222,000
Ending Balances, Value at Dec. 31, 2021		$ (372,655)	$ 2,033	770,661	(9,433)		(466,856)	$ (669,060)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared per share (in usd per share)		$ 0.27
Stock-based compensation		$ 6,400
Beginning Balances, (in shares) at Jun. 30, 2022			193,571,000					33,641,000
Beginning Balances, Value at Jun. 30, 2022		211,631	$ 1,936	772,182	(21,645)	[1]	120,405	$ (661,247)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss		(168,421)					(168,421)
Other comprehensive income (loss)		(32,345)			(32,345)	[1]
Stock-based compensation		5,630		5,630
Stock-based awards exercised or vested		(179)		(15,276)			(742)	$ 15,839
Stock-based awards exercised or vested (in shares)								805,000
Acquisition of treasury shares (in shares)	[2]							(341,000)
Acquisition of treasury shares(2)	[2]	(15,432)						$ (15,432)
Repurchase and retirement of common shares (in shares)			(4,927,000)
Repurchase and retirement of common shares		(219,769)	$ (49)	(2,907)			(216,813)
Cash dividends declared - $0.27 per share		(46,100)					(46,100)
Ending Balances, (in shares) at Sep. 30, 2022			188,644,000					33,177,000
Ending Balances, Value at Sep. 30, 2022		$ (264,985)	$ 1,887	759,629	(53,990)	[1]	(311,671)	$ (660,840)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared per share (in usd per share)		$ 0.29
Beginning Balances, (in shares) at Jun. 30, 2022			193,571,000					33,641,000
Beginning Balances, Value at Jun. 30, 2022		$ 211,631	$ 1,936	772,182	(21,645)	[1]	120,405	$ (661,247)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss		(392,000)
Ending Balances, (in shares) at Dec. 31, 2022			185,403,000					33,127,000
Ending Balances, Value at Dec. 31, 2022		$ (643,479)	$ 1,854	767,683	(44,683)	[1]	(708,437)	$ (659,896)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared per share (in usd per share)		$ 0.58
Stock-based compensation		$ 17,900
Beginning Balances, (in shares) at Sep. 30, 2022			188,644,000					33,177,000
Beginning Balances, Value at Sep. 30, 2022		(264,985)	$ 1,887	759,629	(53,990)	[1]	(311,671)	$ (660,840)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss		(223,579)					(223,579)
Other comprehensive income (loss)		9,307			9,307	[1]
Stock-based compensation		9,544		9,544
Stock-based awards exercised or vested		1,235		421			(209)	$ 1,023
Stock-based awards exercised or vested (in shares)								52,000
Acquisition of treasury shares (in shares)								(2,000)
Acquisition of treasury shares(2)		(79)						$ (79)
Repurchase and retirement of common shares (in shares)			(3,241,000)
Repurchase and retirement of common shares		(130,353)	$ (33)	(1,911)			(128,409)
Cash dividends declared - $0.27 per share		(44,569)					(44,569)
Ending Balances, (in shares) at Dec. 31, 2022			185,403,000					33,127,000
Ending Balances, Value at Dec. 31, 2022		$ (643,479)	$ 1,854	$ 767,683	$ (44,683)	[1]	$ (708,437)	$ (659,896)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends declared per share (in usd per share)		$ 0.29
Stock-based compensation		$ 10,200
[1]The balance of our accumulated other comprehensive income (loss) consists of foreign currency translation adjustments.[2]Represents shares swapped or surrendered to us in connection with the vesting or exercise of stock-based awards.

CONSOLIDATED STATEMENT OF STO_2

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended				6 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Dec. 31, 2022	Dec. 31, 2021
Statement of Stockholders' Equity [Abstract]
Cash dividends declared per share (in usd per share)	$ 0.29	$ 0.29	$ 0.27	$ 0.27	$ 0.58	$ 0.54

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES BASIS OF PRESENTATION – The consolidated balance sheets as of December 31, 2022 and June 30, 2022, the consolidated statements of operations and comprehensive loss for the three and six months ended December 31, 2022 and 2021, the consolidated statements of cash flows for the six months ended December 31, 2022 and 2021, and the consolidated statements of stockholders' equity for the three and six months ended December 31, 2022 and 2021 have been prepared by the Company, without audit. In the opinion of management, all adjustments, which include only normal recurring adjustments, necessary to present fairly the financial position, results of operations, and cash flows as of December 31, 2022 and 2021 and for all periods presented, have been made. "H&R Block," "the Company," "we," "our," and "us" are used interchangeably to refer to H&R Block, Inc., to H&R Block, Inc. and its subsidiaries, or to H&R Block, Inc.'s operating subsidiaries, as appropriate to the context. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (GAAP) have been condensed or omitted. These consolidated financial statements should be read in conjunction with the financial statements and notes thereto included in our June 30, 2022 Annual Report to Shareholders on Form 10-K. All amounts presented herein as of June 30, 2022 or for the year then ended are derived from our Annual Report on Form 10-K. MANAGEMENT ESTIMATES – The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Significant estimates, assumptions and judgments are applied in the evaluation of contingent losses arising from our discontinued mortgage business, contingent losses associated with pending claims and litigation, reserves for uncertain tax positions, fair value of reporting units, and related matters. Estimates have been prepared based on the best information available as of each balance sheet date. As such, actual results could differ materially from those estimates. SEASONALITY OF BUSINESS – Our operating revenues are seasonal in nature with peak revenues typically occurring in the months of February through April. Therefore, results for interim periods are not indicative of results to be expected for the full year. DISCONTINUED OPERATIONS – Our discontinued operations include the results of operations of Sand Canyon Corporation, previously known as Option One Mortgage Corporation (including its subsidiaries, collectively, SCC), which exited its mortgage business in fiscal year 2008. See note 9 for additional information on loss contingencies related to our discontinued operations.

REVENUE RECOGNITION

REVENUE RECOGNITION	6 Months Ended
	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
REVENUE RECOGNITION	NOTE 2: REVENUE RECOGNITION The majority of our revenues are from our U.S. tax services business. The following table disaggregates our U.S. tax services 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 December 31, Six months ended December 31, 2022 2021 2022 2021 Revenues: U.S. assisted tax preparation $ 41,216 $ 30,845 $ 77,528 $ 64,452 U.S. royalties 4,946 3,404 11,174 10,762 U.S. DIY tax preparation 12,150 9,210 15,308 13,271 Refund Transfers 1,542 777 2,826 2,442 Peace of Mind® Extended Service Plan 17,320 17,315 42,090 42,151 Tax Identity Shield® 5,350 5,200 10,517 10,353 Emerald Card® and Spruce SM 12,478 24,830 24,090 53,088 Interest and fee income on Emerald Advance SM 12,903 12,424 13,517 12,903 International 28,046 27,907 86,880 86,232 Wave 21,941 19,497 44,587 38,634 Other 8,513 7,407 17,873 17,152 Total revenues $ 166,405 $ 158,816 $ 346,390 $ 351,440 Changes in the balances of deferred revenue and wages for our Peace of Mind® Extended Service Plan (POM) are as follows: (in 000s) POM Deferred Revenue Deferred Wages Six months ended December 31, 2022 2021 2022 2021 Balance, beginning of the period $ 173,486 $ 172,759 $ 19,495 $ 17,867 Amounts deferred 3,262 2,961 10 10 Amounts recognized on previous deferrals (47,811) (49,034) (5,012) (4,805) Balance, end of the period $ 128,937 $ 126,686 $ 14,493 $ 13,072 As of December 31, 2022, deferred revenue related to POM was $128.9 million. We expect that $94.8 million will be recognized over the next twelve months, while the remaining balance will be recognized over the following five years. As of December 31, 2022 and 2021, Tax Identity Shield® (TIS) deferred revenue was $16.8 million and $18.5 million, respectively. Deferred revenue related to TIS was $25.8 million and $28.3 million as of June 30, 2022 and June 30, 2021, respectively. All deferred revenue related to TIS will be recognized by April 2023.

EARNINGS PER SHARE AND STOCKHOL

EARNINGS PER SHARE AND STOCKHOLDERS' EQUITY	6 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
EARNINGS PER SHARE AND STOCKHOLDERS' EQUITY	NOTE 3: EARNINGS PER SHARE AND STOCKHOLDERS' EQUITY EARNINGS PER SHARE – Basic and diluted earnings (loss) per share is computed using the two-class method. The two-class method is an earnings allocation formula that determines net income per share for each class of common stock and participating security according to dividends declared and participation rights in undistributed earnings. Per share amounts are computed by dividing net income (loss) from continuing operations attributable to common shareholders by the weighted average shares outstanding during each period. Diluted earnings per share excludes the impact of shares of common stock issuable upon the lapse of certain restrictions or the exercise of options to purchase 4.5 million shares for the three and six months ended December 31, 2022 and 5.1 million shares for the three and six months ended December 31, 2021, as the effect would be antidilutive due to the net loss from continuing operations during the periods. The computations of basic and diluted earnings (loss) per share from continuing operations are as follows: (in 000s, except per share amounts) Three months ended December 31, Six months ended December 31, 2022 2021 2022 2021 Net loss from continuing operations attributable to shareholders $ (220,863) $ (189,073) $ (388,230) $ (339,018) Amounts allocated to participating securities (192) (210) (371) (449) Net loss from continuing operations attributable to common shareholders $ (221,055) $ (189,283) $ (388,601) $ (339,467) Basic weighted average common shares 154,119 173,378 156,701 175,739 Potential dilutive shares — — — — Dilutive weighted average common shares 154,119 173,378 156,701 175,739 Loss per share from continuing operations attributable to common shareholders: Basic $ (1.43) $ (1.09) $ (2.48) $ (1.93) Diluted (1.43) (1.09) (2.48) (1.93) The decrease in the weighted average shares outstanding is due to share repurchases completed in the current and prior fiscal years. STOCK-BASED COMPENSATION – During the six months ended December 31, 2022, we granted 1.0 million shares under our stock-based compensation plan. We granted awards of 1.5 million shares under our stock-based compensation plans during the six months ended December 31, 2021. Stock-based compensation expense of our continuing operations totaled $10.2 million and $17.9 million for the three and six months ended December 31, 2022, respectively, and $6.4 million and $13.2 million for the three and six

RECEIVABLES

RECEIVABLES	6 Months Ended
	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable, Unclassified [Abstract]
RECEIVABLES	NOTE 4: RECEIVABLES Receivables, net of their related allowance, consist of the following: (in 000s) As of December 31, 2022 June 30, 2022 Short-term Long-term Short-term Long-term Loans to franchisees $ 16,304 $ 26,587 $ 6,194 $ 22,036 Receivables for U.S. assisted and DIY tax preparation and related fees 10,427 2,182 18,893 2,560 H&R Block's Instant Refund SM receivables 1,193 103 3,491 198 H&R Block Emerald Advance® lines of credit 268,623 2,923 6,691 8,825 Software receivables from retailers 2,165 — 3,992 — Royalties and other receivables from franchisees 6,380 — 3,682 73 Wave payment processing receivables 1,024 — 1,393 — Other 22,500 1,528 14,111 1,172 Total $ 328,616 $ 33,323 $ 58,447 $ 34,864 Balances presented above as short-term are included in receivables, while the long-term portions are included in other noncurrent assets in the consolidated balance sheets. LOANS TO FRANCHISEES – Franchisee loan balances consist of term loans made primarily to finance the purchase of franchises and revolving lines of credit primarily for the purpose of funding working capital needs. As of December 31, 2022 and June 30, 2022, loans with a principal balance more than 90 days past due, or on non-accrual status, are not material. H&R BLOCK'S INSTANT REFUND SM – H&R Block's Instant Refund SM amounts are generally received from the Canada Revenue Agency within 60 days of filing the client's return, with the remaining balance collectible from the client. We review the credit quality of our Instant Refund receivables based on pools, which are segregated by the tax return year of origination, with older years being deemed more unlikely to be repaid. We establish an allowance for credit losses at an amount that we believe reflects the receivable at net realizable value. In December of each year, we charge-off the receivables to an amount we believe represents the net realizable value. Balances and amounts on non-accrual status and classified as impaired, or more than 60 days past due, by tax return year of origination, as of December 31, 2022 are as foll ows: (in 000s) Tax return year of origination Current Balance More Than 60 Days Past Due 2021 $ 1,194 $ 815 2020 and prior 102 102 1,296 $ 917 Allowance — Net balance $ 1,296 H&R BLOCK EMERALD ADVANCE ® LINES OF CREDIT – We review the credit quality of our purchased participation interests in Emerald Advance SM (EA) receivables based on pools, which are segregated by the fiscal year of origination, with older years being deemed more unlikely to be repaid. We establish an allowance for credit losses at an amount that we believe reflects the receivable at net realizable value. In December of each year, we charge-off the receivables to an amount we believe represents the net realizable value. Balances and amounts on non-accrual status and classified as impaired, or more than 60 days past due, by fiscal year of origination, as of December 31, 2022 are as follows: (in 000s) Fiscal year of origination Current Balance Non-Accrual 2023 $ 266,271 $ — 2022 and prior 8,278 8,278 Revolving loans 23,405 15,030 297,954 $ 23,308 Allowance (26,408) Net balance $ 271,546 ALLOWANCE FOR CREDIT LOSSES – Activity in the allowance for credit losses for our EA and all other short-term and long-term receivables for the six months ended December 31, 2022 and 2021 is as follows: (in 000s) EAs All Other Total Balances as of July 1, 2022 $ 26,141 $ 51,126 $ 77,267 Provision 15,081 1,500 16,581 Charge-offs, recoveries and other (14,814) (51,429) (66,243) Balances as of December 31, 2022 $ 26,408 $ 1,197 $ 27,605 Balances as of July 1, 2021 $ 27,704 $ 60,272 $ 87,976 Provision 12,429 2,210 14,639 Charge-offs, recoveries and other (16,377) (60,437) (76,814) Balances as of December 31, 2021 $ 23,756 $ 2,045 $ 25,801

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	6 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	NOTE 5: GOODWILL AND INTANGIBLE ASSETS Changes in the carrying amount of goodwill for the six months ended December 31, 2022 are as follows: (in 000s) Goodwill Accumulated Impairment Losses Net Balances as of July 1, 2022 $ 898,698 $ (138,297) $ 760,401 Acquisitions 19,448 — 19,448 Disposals and foreign currency changes, net (15,047) — (15,047) Impairments — — — Balances as of December 31, 2022 $ 903,099 $ (138,297) $ 764,802 We test goodwill for impairment annually as of February 1, or more frequently if events occur or circumstances change which would, more likely than not, reduce the fair value of a reporting unit below its carrying value. Components of intangible assets are as follows: (in 000s) Gross Accumulated Net As of December 31, 2022: Reacquired franchise rights $ 390,631 $ (204,396) $ 186,235 Customer relationships 347,333 (289,397) 57,936 Internally-developed software 139,528 (118,272) 21,256 Noncompete agreements 42,413 (38,604) 3,809 Franchise agreements 19,201 (18,028) 1,173 Purchased technology 122,700 (92,340) 30,360 Trade name 5,800 (2,030) 3,770 $ 1,067,606 $ (763,067) $ 304,539 As of June 30, 2022: Reacquired franchise rights $ 379,114 $ (197,068) $ 182,046 Customer relationships 331,020 (278,717) 52,303 Internally-developed software 137,638 (107,111) 30,527 Noncompete agreements 41,789 (37,684) 4,105 Franchise agreements 19,201 (17,388) 1,813 Purchased technology 122,700 (87,910) 34,790 Trade name 5,800 (1,740) 4,060 $ 1,037,262 $ (727,618) $ 309,644 We made payments to acquire businesses totaling $39.8 million and $19.3 million during the six months ended December 31, 2022 and 2021, respectively. The amounts and weighted-average lives of intangible assets acquired during the six months e nded December 31, 2022, including amounts capitalized related to internally-developed software, a re as follows: (dollars in 000s) Amount Weighted-Average Life (in years) Internally-developed software $ 2,082 2 Customer relationships 17,765 5 Reacquired franchise rights 11,659 5 Noncompete agreements 667 5 Total $ 32,173 5 Amortization of intangible assets for the three and six months ended December 31, 2022 was $18.5 million and $36.9 million, respectively, compared to $19.4 million and $39.2 million for the three and six months ended December 31, 2021, respectively. Estimated amortization of intangible assets for fiscal years ending June 30, 2023, 2024, 2025, 2026, and 2027 is $71.4 million, $53.6 million, $31.4 million, $22.7 million and $16.9 million, respectively.

LONG-TERM DEBT

LONG-TERM DEBT	6 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
LONG-TERM DEBT	NOTE 6: LONG-TERM DEBT The components of long-term debt are as follows: (in 000s) As of December 31, 2022 June 30, 2022 Senior Notes, 5.250%, due October 2025 $ 350,000 $ 350,000 Senior Notes, 2.500%, due July 2028 500,000 500,000 Senior Notes, 3.875%, due August 2030 650,000 650,000 Committed line of credit borrowings 580,000 — Debt issuance costs and discounts (12,063) (13,124) Total long-term debt 2,067,937 1,486,876 Less: Current portion — — Long-term portion $ 2,067,937 $ 1,486,876 Estimated fair value of long-term debt $ 1,923,000 $ 1,377,000 Our unsecured committed line of credit (CLOC) provides for an unsecured senior revolving credit facility in the aggregate principal amount of $1.5 billion, which includes a $175.0 million sublimit for swingline loans and a $50.0 million sublimit for standby letters of credit. We may request increases in the aggregate principal amount of the revolving credit facility of up to $500.0 million, subject to obtaining commitments from lenders and meeting certain other conditions. The CLOC will mature on June 11, 2026, unless extended pursuant to the terms of the CLOC, at which time all outstanding amounts thereunder will be due and payable. Our CLOC includes an annual facility fee, which will vary depending on our then current credit ratings. The CLOC is subject to various conditions, triggers, events or occurrences that could result in earlier termination and contains customary representations, warranties, covenants and events of default, including, without limitation: (1) a covenant requiring the Company to maintain a debt-to-EBITDA ratio, as defined by the CLOC agreement, calculated on a consolidated basis of no greater than (a) 3.50 to 1.00 as of the last day of each fiscal quarter ending on March 31, June 30, and September 30 of each year and (b) 4.50 to 1.00 as of the last day of each fiscal quarter ending on December 31 of each year; (2) a covenant requiring us to maintain an interest coverage ratio (EBITDA-to-interest expense) calculated on a consolidated basis of not less than 2.50 to 1.00 as of the last date of any fiscal quarter; and (3) covenants restricting our ability to incur certain additional debt, incur liens, merge or consolidate with other companies, sell or dispose of assets (including equity interests), liquidate or dissolve, engage in certain transactions with affiliates or enter into certain restrictive agreements. The CLOC includes provisions for an equity cure which could potentially allow us to independently cure certain defaults. Proceeds under the CLOC may be used for working capital needs or for other general corporate pu rposes. We were in compliance with these requirements as of December 31, 2022.

INCOME TAXES

INCOME TAXES	6 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 7: INCOME TAXES We file a consolidated federal income tax return in the U.S. with the Internal Revenue Service (IRS) and file tax returns in various state, local, and foreign jurisdictions. Tax returns are typically examined and either settled upon completion of the examination or through the appeals process. With respect to federal, state and local jurisdictions and countries outside of the U.S., we are typically subject to examination for three to six years after the income tax returns have been filed. On November 7, 2022, the IRS commenced their examination of our 2020 tax return and related carryback claims to tax years 2015 through 2018. Although the outcome of tax audits is always uncertain, we believe that adequate amounts of tax, interest, and penalties have been provided for in the accompanying consolidated financial statements for any adjustments that might be incurred due to federal, state, local or foreign audits. We had gross unrecognized tax benefits of $221.3 million and $232.0 million as of December 31, 2022 and June 30, 2022, respectively. The gross unrecognized tax benefits decreased by $10.7 million during the six months ended December 31, 2022 due to expiration of statutes and settlements with state tax authorities. We believe it is reasonably possible that the balance of unrecognized tax benefits could decrease by approximately $34.0 million within the next twelve months. The anticipated decrease is due to the expiration of statutes of limitations and anticipated closure of various matters currently under examination or in appeals. For such matters where a change in the balance of unrecognized tax benefits is not yet deemed reasonably possible, no estimate has been included. Our effective tax rate for continuing operations, including the effects of discrete tax items, was 25.2% and 31.7% for the six months ended December 31, 2022 and 2021, respectively. Discrete items increased the effective tax rate by 1.4% and 10.1% for the six months ended December 31, 2022, and 2021, respectively. A discrete income tax benefit of $7.2 million and $50.0 million were recorded in the six months ended December 31, 2022 and 2021, respectively. The discrete tax benefit recorded in the current period primarily resulted from state statute of limitations expirations and refund interest. The discrete tax benefit recorded in the prior period primarily resulted from federal and state statute of limitations expirations. Consistent with prior years, our pretax loss for the six months ended December 31, 2022 is expected to be offset by income in our third and fourth quarters due to the established pattern of seasonality in our primary business operations. As such, management has determined that it is more-likely-than-not that realization of tax benefits recorded in our financial statements will occur within our fiscal year. The amount of tax benefit recorded for the six months ended December 31, 2022 reflects management’s estimate of the annual effective tax rate applied to year-to-date loss from continuing operations adjusted for the tax impact of discrete items for the periods presented.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 8: COMMITMENTS AND CONTINGENCIES Assisted tax returns are covered by our 100% accuracy guarantee, whereby we will reimburse a client for penalties and interest attributable to an H&R Block error on a return. DIY tax returns are covered by our 100% accuracy guarantee, whereby we will reimburse a client up to a maximum of $10,000 if our software makes an arithmetic error that results in payment of penalties and/or interest to the IRS that a client would otherwise not have been required to pay. Our liability related to estimated losses under the 100% accuracy guarantee was $11.7 million and $14.0 million as of December 31, 2022 and June 30, 2022, respectively. The short-term and long-term portions of this liability are included in deferred revenue and other liabilities in the consolidated balance sheets. Liabilities related to acquisitions for (1) estimated contingent consideration based on expected financial performance of the acquired business and economic conditions at the time of acquisition and (2) estimated accrued compensation related to continued employment of key employees were $21.4 million and $12.9 million as of December 31, 2022 and June 30, 2022, respectively, with amounts recorded in deferred revenue and other liabilities. Should actual results differ from our estimates, future payments made will differ from the above estimate and any differences will be recorded in results from continuing operations. We have contractual commitments to fund certain franchises with approved revolving lines of credit. Our total obligation under these lines of credit was $21.1 million at December 31, 2022, and net of amounts drawn and outstanding, our remaining commitment to fund totaled $7.4 million. In March 2020, the U.S. government enacted the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to provide economic and other relief as a result of the COVID-19 pandemic. The CARES Act includes, among other items, provisions relating to refundable employee retention payroll tax credits. Due to the complex nature of the employee retention credit computations, any benefits we may receive are uncertain and may significantly differ from our current estimates. We plan to record any benefit related to these credits upon both the receipt of the benefit and the resolution of the uncertainties, including, but not limited to, the completion of any potential audit or examination, or the expiration of the related stat ute of limitations. During the six months ended December 31, 2022, we received $12.1 million related to these credits and recognized $3.2 million as an offset to related operating expenses. As of December 31, 2022 and June 30, 2022, we had deferre d balances of $13.9 million and $5.1 million, respectively, which is recorded in deferred revenue and other current liabilities. Emerald Advance SM lines of credit (EAs) are originated by Pathward TM N.A. (Pathward). We purchase a 90% participation interest, at par, in all EAs originated by Pathward in accordance with our participation agreement. At December 31, 2022, the principal balance of purchased participation interests for the current year totaled $270.4 million.

LITIGATION AND OTHER RELATED CO

LITIGATION AND OTHER RELATED CONTINGENCIES	6 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
LITIGATION AND OTHER RELATED CONTINGENCIES	NOTE 9: LITIGATION AND OTHER RELATED CONTINGENCIES We are a defendant in numerous litigation and arbitration matters, arising both in the ordinary course of business and otherwise, including as described below. The matters described below are not all of the lawsuits or arbitrations to which we are subject. In some of the matters, very large or indeterminate amounts, including punitive damages, may be sought. U.S. jurisdictions permit considerable variation in the assertion of monetary damages or other relief. Jurisdictions may permit claimants not to specify the monetary damages sought or may permit claimants to state only that the amount sought is sufficient to invoke the jurisdiction. In addition, jurisdictions may permit plaintiffs to allege monetary damages in amounts well exceeding reasonably possible verdicts in the jurisdiction for similar matters. We believe that the monetary relief which may be specified in a lawsuit or claim bears little relevance to its merits or disposition value due to this variability in pleadings and our experience in handling and resolving numerous claims over an extended period of time. The outcome of a matter and the amount or range of potential loss at particular points in time may be difficult to ascertain. Among other things, uncertainties can include how fact finders will evaluate documentary evidence and the credibility and effectiveness of witness testimony, and how courts and arbitrators will apply the law. Disposition valuations are also subject to the uncertainty of how opposing parties and their counsel will view the relevant evidence and applicable law. In addition to litigation and arbitration matters, we are also subject to other loss contingencies arising out of our business activities, including as described below. We accrue liabilities for litigation, arbitration, and other related loss contingencies and any related settlements when it is probable that a loss has been incurred and the amount of the loss can be reasonably estimated. If a range of loss is estimated, and some amount within that range appears to be a better estimate than any other amount within that range, then that amount is accrued. If no amount within the range can be identified as a better estimate than any other amount, we accrue the minimum amount in the range. For such matters where a loss is believed to be reasonably possible, but not probable, or the loss cannot be reasonably estimated, no accrual has been made. It is possible that such matters could require us to pay damages or make other expenditures or accrue liabilities in amounts that could not be reasonably estimated as of December 31, 2022. While the potential future liabilities could be material in the particular quarterly or annual periods in which they are recorded, based on information currently known, we do not believe any such liabilities are likely to have a material adverse effect on our business and our consolidated financial position, results of operations, and cash flows. Our total accrued liabilities were $1.6 million and $1.7 million as of December 31, 2022 and June 30, 2022, respectively. Our estimate of the aggregate range of reasonably possible losses includes (1) matters where a liability has been accrued and there is a reasonably possible loss in excess of the amount accrued for that liability, and (2) matters where a liability has not been accrued but we believe a loss is reasonably possible. This aggregate range only represents those losses as to which we are currently able to estimate a reasonably possible loss or range of loss. It does not represent our maximum loss exposure. Matters for which we are not currently able to estimate the reasonably possible loss or range of loss are not included in this range. We are often unable to estimate the possible loss or range of loss until developments in such matters have provided sufficient information to support an assessment of the reasonably possible loss or range of loss, such as precise information about the amount of damages or other remedies being asserted, the defenses to the claims being asserted, discovery from other parties and investigation of factual allegations, rulings by courts or arbitrators on motions or appeals, analyses by experts, or the status or terms of any settlement negotiations. The estimated range of reasonably possible loss is based upon currently available information and is subject to significant judgment and a variety of assumptions, as well as known and unknown uncertainties. The matters underlying the estimated range will change from time to time, and actual results may vary significantly from the current estimate. As of December 31, 2022, we believe the estimate of the aggregate range of reasonably possible losses in excess of amounts accrued, where the range of loss can be estimated, is not material. At the end of each reporting period, we review relevant information with respect to litigation, arbitration and other related loss contingencies and update our accruals, disclosures, and estimates of reasonably possible loss or range of loss based on such reviews. Costs incurred with defending matters are expensed as incurred. Any receivable for insurance recoveries is recorded separately from the corresponding liability, and only if recovery is determined to be probable and reasonably estimable. We believe we have meritorious defenses to the claims asserted in the various matters described in this note, and we intend to defend them vigorously. The amounts claimed in the matters are substantial, however, and there can be no assurances as to their outcomes. In the event of unfavorable outcomes, it could require modifications to our operations; in addition, the amounts that may be required to be paid to discharge or settle the matters could be substantial and could have a material adverse impact on our business and our consolidated financial position, results of operations, and cash flows. LITIGATION, CLAIMS OR OTHER LOSS CONTINGENCIES PERTAINING TO CONTINUING OPERATIONS – Free File Litigation. On May 6, 2019, the Los Angeles City Attorney filed a lawsuit on behalf of the People of the State of California in the Superior Court of California, County of Los Angeles (Case No. 19STCV15742). The case is styled The People of the State of California v. HRB Digital LLC, et al . The complaint alleges that H&R Block, Inc. and HRB Digital LLC engaged in unfair, fraudulent and deceptive business practices and acts in connection with the IRS Free File Program in violation of the California Unfair Competition Law, California Business and Professions Code §§17200 et seq. The complaint seeks injunctive relief, restitution of monies paid to H&R Block by persons in the State of California who were eligible to file under the IRS Free File Program for the time period starting 4 years prior to the date of the filing of the complaint, pre-judgment interest, civil penalties and costs. The City Attorney subsequently dismissed H&R Block, Inc. from the case and amended its complaint to add HRB Tax Group, Inc. We filed a motion for summary judgment, which was denied on December 1, 2022. A trial date is set for August 14, 2023. We have not concluded that a loss related to this matter is probable, nor have we accrued a liability related to this matter. We have also received and are responding to certain governmental inquiries relating to the IRS Free File Program. DISCONTINUED MORTGAGE OPERATIONS – Although SCC ceased its mortgage loan origination activities in December 2007 and sold its loan servicing business in April 2008, SCC or the Company has been and may in the future be, subject to litigation and other loss contingencies, including indemnification and contribution claims, pertaining to SCC's mortgage business activities that occurred prior to such termination and sale. Parties, including underwriters, depositors, and securitization trustees, have been, remain, or may in the future be, involved in lawsuits, threatened lawsuits, or settlements related to securitization transactions in which SCC participated. A variety of claims are alleged in these matters, including violations of federal and state securities laws and common law fraud, breaches of representations and warranties, or violations of statutory requirements. SCC has received notices of potential indemnification or contribution obligations relating to such matters. Additional lawsuits against the parties to the securitization transactions may be filed in the future, and SCC may receive additional notices of potential indemnification, contribution or similar obligations with respect to existing or new lawsuits or settlements of such lawsuits or other claims. An accrual related to these matters is included in our loss contingency accrual. It is difficult to predict either the likelihood of new matters being initiated or the outcome of existing matters. In many of these matters it is not possible to estimate a reasonably possible loss or range of loss due to, among other things, the inherent uncertainties involved in these matters and the indeterminate damages sought. If the amount that SCC is ultimately required to pay with respect to loss contingencies, together with payment of SCC's related administration and legal expense, exceeds SCC's net assets, the creditors of SCC, other potential claimants, or a bankruptcy trustee if SCC were to file or be forced into bankruptcy, may attempt to assert claims against us for payment of SCC's obligations. Claimants also may attempt to assert claims against or seek payment directly from the Company even if SCC's assets exceed its liabilities. SCC's principal assets, as of December 31, 2022, total approximately $267 million and consist of an intercompany note receivable. We believe our legal position is strong on any potential corporate veil-piercing arguments; however, if this position is challenged and not upheld, it could have a material adverse effect on our business and our consolidated financial position, results of operations, and cash flows. OTHER – We are from time to time a party to litigation, arbitration and other loss contingencies not discussed herein arising out of our business operations. These matters may include actions by state attorneys general, other state regulators, federal regulators, individual plaintiffs, and cases in which plaintiffs seek to represent others who may be similarly situated. While we cannot provide assurance that we will ultimately prevail in each instance, we believe the amount, if any, we are required to pay to discharge or settle these other matters will not have a material adverse impact on our business and our consolidated financial position, results of operations, and cash flows.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policy)	6 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	The consolidated balance sheets as of December 31, 2022 and June 30, 2022, the consolidated statements of operations and comprehensive loss for the three and six months ended December 31, 2022 and 2021, the consolidated statements of cash flows for the six months ended December 31, 2022 and 2021, and the consolidated statements of stockholders' equity for the three and six months ended December 31, 2022 and 2021 have been prepared by the Company, without audit. In the opinion of management, all adjustments, which include only normal recurring adjustments, necessary to present fairly the financial position, results of operations, and cash flows as of December 31, 2022 and 2021 and for all periods presented, have been made. "H&R Block," "the Company," "we," "our," and "us" are used interchangeably to refer to H&R Block, Inc., to H&R Block, Inc. and its subsidiaries, or to H&R Block, Inc.'s operating subsidiaries, as appropriate to the context. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (GAAP) have been condensed or omitted. These consolidated financial statements should be read in conjunction with the financial statements and notes thereto included in our June 30, 2022 Annual Report to Shareholders on Form 10-K. All amounts presented herein as of June 30, 2022 or for the year then ended are derived from our Annual Report on Form 10-K.
Management Estimates	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Significant estimates, assumptions and judgments are applied in the evaluation of contingent losses arising from our discontinued mortgage business, contingent losses associated with pending claims and litigation, reserves for uncertain tax positions, fair value of reporting units, and related matters. Estimates have been prepared based on the best information available as of each balance sheet date. As such, actual results could differ materially from those estimates.
Discontinued Operations	Our discontinued operations include the results of operations of Sand Canyon Corporation, previously known as Option One Mortgage Corporation (including its subsidiaries, collectively, SCC), which exited its mortgage business in fiscal year 2008. See note 9 for additional information on loss contingencies related to our discontinued operations.

REVENUE RECOGNITION (Tables)

REVENUE RECOGNITION (Tables)	6 Months Ended
	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue by Major Service Line	The majority of our revenues are from our U.S. tax services business. The following table disaggregates our U.S. tax services 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 December 31, Six months ended December 31, 2022 2021 2022 2021 Revenues: U.S. assisted tax preparation $ 41,216 $ 30,845 $ 77,528 $ 64,452 U.S. royalties 4,946 3,404 11,174 10,762 U.S. DIY tax preparation 12,150 9,210 15,308 13,271 Refund Transfers 1,542 777 2,826 2,442 Peace of Mind® Extended Service Plan 17,320 17,315 42,090 42,151 Tax Identity Shield® 5,350 5,200 10,517 10,353 Emerald Card® and Spruce SM 12,478 24,830 24,090 53,088 Interest and fee income on Emerald Advance SM 12,903 12,424 13,517 12,903 International 28,046 27,907 86,880 86,232 Wave 21,941 19,497 44,587 38,634 Other 8,513 7,407 17,873 17,152 Total revenues $ 166,405 $ 158,816 $ 346,390 $ 351,440
Schedule of Deferred Revenue Related To The Peace of Mind Program	Changes in the balances of deferred revenue and wages for our Peace of Mind® Extended Service Plan (POM) are as follows: (in 000s) POM Deferred Revenue Deferred Wages Six months ended December 31, 2022 2021 2022 2021 Balance, beginning of the period $ 173,486 $ 172,759 $ 19,495 $ 17,867 Amounts deferred 3,262 2,961 10 10 Amounts recognized on previous deferrals (47,811) (49,034) (5,012) (4,805) Balance, end of the period $ 128,937 $ 126,686 $ 14,493 $ 13,072

EARNINGS PER SHARE AND STOCKH_2

EARNINGS PER SHARE AND STOCKHOLDERS' EQUITY (Tables)	6 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Computations of Basic And Diluted Earnings Per Share	The computations of basic and diluted earnings (loss) per share from continuing operations are as follows: (in 000s, except per share amounts) Three months ended December 31, Six months ended December 31, 2022 2021 2022 2021 Net loss from continuing operations attributable to shareholders $ (220,863) $ (189,073) $ (388,230) $ (339,018) Amounts allocated to participating securities (192) (210) (371) (449) Net loss from continuing operations attributable to common shareholders $ (221,055) $ (189,283) $ (388,601) $ (339,467) Basic weighted average common shares 154,119 173,378 156,701 175,739 Potential dilutive shares — — — — Dilutive weighted average common shares 154,119 173,378 156,701 175,739 Loss per share from continuing operations attributable to common shareholders: Basic $ (1.43) $ (1.09) $ (2.48) $ (1.93) Diluted (1.43) (1.09) (2.48) (1.93)

RECEIVABLES (Tables)

RECEIVABLES (Tables)	6 Months Ended
	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable, Unclassified [Abstract]
Schedule of Short-Term Receivables	Receivables, net of their related allowance, consist of the following: (in 000s) As of December 31, 2022 June 30, 2022 Short-term Long-term Short-term Long-term Loans to franchisees $ 16,304 $ 26,587 $ 6,194 $ 22,036 Receivables for U.S. assisted and DIY tax preparation and related fees 10,427 2,182 18,893 2,560 H&R Block's Instant Refund SM receivables 1,193 103 3,491 198 H&R Block Emerald Advance® lines of credit 268,623 2,923 6,691 8,825 Software receivables from retailers 2,165 — 3,992 — Royalties and other receivables from franchisees 6,380 — 3,682 73 Wave payment processing receivables 1,024 — 1,393 — Other 22,500 1,528 14,111 1,172 Total $ 328,616 $ 33,323 $ 58,447 $ 34,864
Schedule of Receivables Based On Year of Origination	alances and amounts on non-accrual status and classified as impaired, or more than 60 days past due, by tax return year of origination, as of December 31, 2022 are as follows: (in 000s) Tax return year of origination Current Balance More Than 60 Days Past Due 2021 $ 1,194 $ 815 2020 and prior 102 102 1,296 $ 917 Allowance — Net balance $ 1,296 Balances and amounts on non-accrual status and classified as impaired, or more than 60 days past due, by fiscal year of origination, as of December 31, 2022 are as follows: (in 000s) Fiscal year of origination Current Balance Non-Accrual 2023 $ 266,271 $ — 2022 and prior 8,278 8,278 Revolving loans 23,405 15,030 297,954 $ 23,308 Allowance (26,408) Net balance $ 271,546
Schedule of Activity in Allowance For Credit Losses	Activity in the allowance for credit losses for our EA and all other short-term and long-term receivables for the six months ended December 31, 2022 and 2021 is as follows: (in 000s) EAs All Other Total Balances as of July 1, 2022 $ 26,141 $ 51,126 $ 77,267 Provision 15,081 1,500 16,581 Charge-offs, recoveries and other (14,814) (51,429) (66,243) Balances as of December 31, 2022 $ 26,408 $ 1,197 $ 27,605 Balances as of July 1, 2021 $ 27,704 $ 60,272 $ 87,976 Provision 12,429 2,210 14,639 Charge-offs, recoveries and other (16,377) (60,437) (76,814) Balances as of December 31, 2021 $ 23,756 $ 2,045 $ 25,801

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	6 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	Changes in the carrying amount of goodwill for the six months ended December 31, 2022 are as follows: (in 000s) Goodwill Accumulated Impairment Losses Net Balances as of July 1, 2022 $ 898,698 $ (138,297) $ 760,401 Acquisitions 19,448 — 19,448 Disposals and foreign currency changes, net (15,047) — (15,047) Impairments — — — Balances as of December 31, 2022 $ 903,099 $ (138,297) $ 764,802
Schedule of Intangible Assets	Components of intangible assets are as follows: (in 000s) Gross Accumulated Net As of December 31, 2022: Reacquired franchise rights $ 390,631 $ (204,396) $ 186,235 Customer relationships 347,333 (289,397) 57,936 Internally-developed software 139,528 (118,272) 21,256 Noncompete agreements 42,413 (38,604) 3,809 Franchise agreements 19,201 (18,028) 1,173 Purchased technology 122,700 (92,340) 30,360 Trade name 5,800 (2,030) 3,770 $ 1,067,606 $ (763,067) $ 304,539 As of June 30, 2022: Reacquired franchise rights $ 379,114 $ (197,068) $ 182,046 Customer relationships 331,020 (278,717) 52,303 Internally-developed software 137,638 (107,111) 30,527 Noncompete agreements 41,789 (37,684) 4,105 Franchise agreements 19,201 (17,388) 1,813 Purchased technology 122,700 (87,910) 34,790 Trade name 5,800 (1,740) 4,060 $ 1,037,262 $ (727,618) $ 309,644
Schedule of Acquired Finite-Lived Intangible Assets by Major Class	The amounts and weighted-average lives of intangible assets acquired during the six months e nded December 31, 2022, including amounts capitalized related to internally-developed software, a re as follows: (dollars in 000s) Amount Weighted-Average Life (in years) Internally-developed software $ 2,082 2 Customer relationships 17,765 5 Reacquired franchise rights 11,659 5 Noncompete agreements 667 5 Total $ 32,173 5

LONG-TERM DEBT LONG-TERM DEBT (

LONG-TERM DEBT LONG-TERM DEBT (Tables)	6 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Components of Long-Term Debt	The components of long-term debt are as follows: (in 000s) As of December 31, 2022 June 30, 2022 Senior Notes, 5.250%, due October 2025 $ 350,000 $ 350,000 Senior Notes, 2.500%, due July 2028 500,000 500,000 Senior Notes, 3.875%, due August 2030 650,000 650,000 Committed line of credit borrowings 580,000 — Debt issuance costs and discounts (12,063) (13,124) Total long-term debt 2,067,937 1,486,876 Less: Current portion — — Long-term portion $ 2,067,937 $ 1,486,876 Estimated fair value of long-term debt $ 1,923,000 $ 1,377,000

REVENUE RECOGNITION (Disaggrega

REVENUE RECOGNITION (Disaggregation of Revenue by Major Service Line) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Total revenues	$ 166,405	$ 158,816	$ 346,390	$ 351,440
Assisted tax preparation
Disaggregation of Revenue [Line Items]
Total revenues	41,216	30,845	77,528	64,452
Royalties
Disaggregation of Revenue [Line Items]
Total revenues	4,946	3,404	11,174	10,762
DIY tax preparation
Disaggregation of Revenue [Line Items]
Total revenues	12,150	9,210	15,308	13,271
International
Disaggregation of Revenue [Line Items]
Total revenues	28,046	27,907	86,880	86,232
Refund Transfers
Disaggregation of Revenue [Line Items]
Total revenues	1,542	777	2,826	2,442
Emerald Card® and SpruceSM
Disaggregation of Revenue [Line Items]
Total revenues	12,478	24,830	24,090	53,088
Peace of Mind® Extended Service Plan
Disaggregation of Revenue [Line Items]
Total revenues	17,320	17,315	42,090	42,151
Tax Identity Shield®
Disaggregation of Revenue [Line Items]
Total revenues	5,350	5,200	10,517	10,353
Interest and fee income on Emerald AdvanceSM
Disaggregation of Revenue [Line Items]
Total revenues	12,903	12,424	13,517	12,903
Wave
Disaggregation of Revenue [Line Items]
Total revenues	21,941	19,497	44,587	38,634
Other
Disaggregation of Revenue [Line Items]
Total revenues	$ 8,513	$ 7,407	$ 17,873	$ 17,152

REVENUE RECOGNITION (Deferred R

REVENUE RECOGNITION (Deferred Revenue) (Details) - POM - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Movement in Deferred Revenue [Roll Forward]
Contract with Customer, Liability	$ 128,900
Deferred Revenue
Movement in Deferred Revenue [Roll Forward]
Contract with Customer, Liability	173,486	$ 172,759
Amounts deferred	3,262	2,961
Amounts recognized on previous deferrals	(47,811)	(49,034)
Contract with Customer, Liability	128,937	126,686
Deferred Wages
Movement in Deferred Revenue [Roll Forward]
Contract with Customer, Liability	19,495	17,867
Amounts deferred	10	10
Amounts recognized on previous deferrals	(5,012)	(4,805)
Contract with Customer, Liability	$ 14,493	$ 13,072

REVENUE RECOGNITION (Narrative)

REVENUE RECOGNITION (Narrative) (Details) - USD ($) $ in Millions	Dec. 31, 2022	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021
POM
Disaggregation of Revenue [Line Items]
Deferred revenue	$ 128.9
Current deferred revenue	94.8
TIS
Disaggregation of Revenue [Line Items]
Current deferred revenue	$ 16.8	$ 25.8	$ 18.5	$ 28.3

REVENUE RECOGNITION (Remaining

REVENUE RECOGNITION (Remaining Performance Obligation) (Details)	Dec. 31, 2022
POM | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-11-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, expected timing of satisfaction, period	12 months
POM | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-12-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, expected timing of satisfaction, period	5 years
TIS
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Year	2023

EARNINGS PER SHARE AND STOCKH_3

EARNINGS PER SHARE AND STOCKHOLDERS' EQUITY (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share, amount (in shares)			4,500,000	5,100,000
Basic weighted average common shares (in shares)	154,119,000	173,378,000	156,701,000	175,739,000
Nonvested units granted (in shares)			1,000,000	1,500,000
Stock-based compensation	$ 10,200	$ 6,400	$ 17,900	$ 13,200
Unrecognized compensation costs, nonvested shares and units	66,900		66,900
Share-based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount	$ 300		$ 300

EARNINGS PER SHARE AND STOCKH_4

EARNINGS PER SHARE AND STOCKHOLDERS' EQUITY (Computations of Basic and Diluted Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Earnings Per Share [Abstract]
Net loss from continuing operations attributable to shareholders	$ (220,863)	$ (189,073)	$ (388,230)	$ (339,018)
Amounts allocated to participating securities	(192)	(210)	(371)	(449)
Net loss from continuing operations attributable to common shareholders	$ (221,055)	$ (189,283)	$ (388,601)	$ (339,467)
Basic weighted average common shares (in shares)	154,119	173,378	156,701	175,739
Potential dilutive shares (in shares)	0	0	0	0
Dilutive weighted average common shares (in shares)	154,119	173,378	156,701	175,739
Loss per share from continuing operations attributable to common shareholders:
Basic (in usd per share)	$ (1.43)	$ (1.09)	$ (2.48)	$ (1.93)
Continuing operations (in usd per share)	$ (1.43)	$ (1.09)	$ (2.48)	$ (1.93)

RECEIVABLES (Schedule of Short-

RECEIVABLES (Schedule of Short-Term Receivables) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Jun. 30, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Short-term	$ 328,616	$ 58,447
Long-term	33,323	34,864
Loans to franchisees
Accounts, Notes, Loans and Financing Receivable [Line Items]
Short-term	16,304	6,194
Long-term	26,587	22,036
Receivables for U.S. assisted and DIY tax preparation and related fees
Accounts, Notes, Loans and Financing Receivable [Line Items]
Short-term	10,427	18,893
Long-term	2,182	2,560
H&R Block's Instant RefundSM receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Short-term	1,193	3,491
Long-term	103	198
H&R Block Emerald Advance® lines of credit
Accounts, Notes, Loans and Financing Receivable [Line Items]
Short-term	268,623	6,691
Long-term	2,923	8,825
Software receivables from retailers
Accounts, Notes, Loans and Financing Receivable [Line Items]
Short-term	2,165	3,992
Long-term	0	0
Royalties and other receivables from franchisees
Accounts, Notes, Loans and Financing Receivable [Line Items]
Short-term	6,380	3,682
Long-term	0	73
Wave payment processing receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Short-term	1,024	1,393
Long-term	0	0
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Short-term	22,500	14,111
Long-term	$ 1,528	$ 1,172

RECEIVABLES (Narrative) (Detail

RECEIVABLES (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2022
H&R Block's Instant RefundSM receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired, non-accrual status term	60 days
Financing receivable		$ 1,296
H&R Block Emerald Advance® lines of credit
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired, non-accrual status term	60 days
Financing receivable		$ 297,954

RECEIVABLES (Schedule of Receiv

RECEIVABLES (Schedule of Receivables Based on Year of Origination) (Details) $ in Thousands	Dec. 31, 2022 USD ($)
H&R Block's Instant RefundSM receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current Balance	$ 1,296
Allowance	0
Net balance	1,296
Non-Accrual	917
H&R Block Emerald Advance® lines of credit
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current Balance	297,954
Allowance	(26,408)
Net balance	271,546
Non-Accrual	23,308
Current year of origination | H&R Block's Instant RefundSM receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current Balance	1,194
Non-Accrual	815
Current year of origination | H&R Block Emerald Advance® lines of credit
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current Balance	266,271
Non-Accrual	0
Prior year and before | H&R Block's Instant RefundSM receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current Balance	102
Non-Accrual	102
Prior year and before | H&R Block Emerald Advance® lines of credit
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current Balance	8,278
Non-Accrual	8,278
Revolving loans | H&R Block Emerald Advance® lines of credit
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current Balance	23,405
Non-Accrual	$ 15,030

RECEIVABLES (Schedule of Activi

RECEIVABLES (Schedule of Activity in the Allowance For Doubtful Accounts) (Details) - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Allowance for Doubtful Accounts [Roll Forward]
Beginning balance	$ 77,267	$ 87,976
Provision	16,581	14,639
Charge-offs, recoveries and other	(66,243)	(76,814)
Ending balance	27,605	25,801
EAs
Allowance for Doubtful Accounts [Roll Forward]
Beginning balance	26,141	27,704
Provision	15,081	12,429
Charge-offs, recoveries and other	(14,814)	(16,377)
Ending balance	26,408	23,756
All Other
Allowance for Doubtful Accounts [Roll Forward]
Beginning balance	51,126	60,272
Provision	1,500	2,210
Charge-offs, recoveries and other	(51,429)	(60,437)
Ending balance	$ 1,197	$ 2,045

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS (Schedule of Goodwill) (Details) $ in Thousands	6 Months Ended
	Dec. 31, 2022 USD ($)
Goodwill [Roll Forward]
Goodwill before impairment losses, beginning balance	$ 898,698
Accumulated impairment losses, beginning balance	(138,297)
Goodwill, beginning balance	760,401
Acquisitions	19,448
Disposals and foreign currency changes, net	(15,047)
Impairments	0
Goodwill before impairment losses, ending balance	903,099
Accumulated impairment losses, ending balance	(138,297)
Goodwill, ending balance	$ 764,802

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS (Schedule of Intangible Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Jun. 30, 2022
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	$ 1,067,606	$ 1,037,262
Accumulated Amortization	(763,067)	(727,618)
Net	304,539	309,644
Reacquired franchise rights
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	390,631	379,114
Accumulated Amortization	(204,396)	(197,068)
Net	186,235	182,046
Customer relationships
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	347,333	331,020
Accumulated Amortization	(289,397)	(278,717)
Net	57,936	52,303
Internally-developed software
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	139,528	137,638
Accumulated Amortization	(118,272)	(107,111)
Net	21,256	30,527
Noncompete agreements
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	42,413	41,789
Accumulated Amortization	(38,604)	(37,684)
Net	3,809	4,105
Franchise agreements
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	19,201	19,201
Accumulated Amortization	(18,028)	(17,388)
Net	1,173	1,813
Purchased technology
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	122,700	122,700
Accumulated Amortization	(92,340)	(87,910)
Net	30,360	34,790
Trade name
Goodwill and Intangible Assets [Line Items]
Gross Carrying Amount	5,800	5,800
Accumulated Amortization	(2,030)	(1,740)
Net	$ 3,770	$ 4,060

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS (Intangible Assets Acquired) (Details) $ in Thousands	6 Months Ended
	Dec. 31, 2022 USD ($)
Business Acquisition [Line Items]
Amount	$ 32,173
Weighted-Average Life (in years)	5 years
Capitalized software
Business Acquisition [Line Items]
Amount	$ 2,082
Weighted-Average Life (in years)	2 years
Customer Relationships
Business Acquisition [Line Items]
Amount	$ 17,765
Weighted-Average Life (in years)	5 years
Reacquired Franchise Rights
Business Acquisition [Line Items]
Amount	$ 11,659
Weighted-Average Life (in years)	5 years
Noncompete Agreements
Business Acquisition [Line Items]
Amount	$ 667
Weighted-Average Life (in years)	5 years

GOODWILL AND INTANGIBLE ASSET_5

GOODWILL AND INTANGIBLE ASSETS (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Payments made for business acquisitions, net of cash acquired			$ 39,757	$ 19,333
Amortization	$ 18,500	$ 19,400	36,900	39,200
Estimated amortization, 2022	71,400		71,400
Estimated amortization, 2023	53,600		53,600
Estimated amortization, 2024	31,400		31,400
Estimated amortization, 2025	22,700		22,700
Estimated amortization, 2026	$ 16,900		16,900
Franchisee and competitor businesses
Business Acquisition [Line Items]
Payments made for business acquisitions, net of cash acquired			$ 39,800	$ 19,300

LONG-TERM DEBT (Components of L

LONG-TERM DEBT (Components of Long-Term Debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Jun. 30, 2022
Debt Instrument [Line Items]
Committed line of credit borrowings	$ 580,000	$ 0
Debt issuance costs and discounts	(12,063)	(13,124)
Total long-term debt	2,067,937	1,486,876
Less: Current portion	0	0
Long-term debt and line of credit borrowings	2,067,937	1,486,876
Estimated fair value of long-term debt	$ 1,923,000	1,377,000
Senior Notes | Senior Notes, 5.250%, due October 2025
Debt Instrument [Line Items]
Interest rate	5.25%
Senior notes	$ 350,000	350,000
Senior Notes | Senior Notes, 2.500%, due July 2028
Debt Instrument [Line Items]
Interest rate	2.50%
Senior notes	$ 500,000	500,000
Senior Notes | Senior Notes, 3.875%, due August 2030
Debt Instrument [Line Items]
Interest rate	3.875%
Senior notes	$ 650,000	$ 650,000

LONG-TERM DEBT (Narrative) (Det

LONG-TERM DEBT (Narrative) (Details)	Dec. 31, 2022 USD ($)	Jun. 30, 2022 USD ($)
Line of Credit Facility [Line Items]
Committed line of credit borrowings	$ 580,000,000	$ 0
Revolving credit facility
Line of Credit Facility [Line Items]
Aggregate principal amount	1,500,000,000
Available increase in borrowing capacity	$ 500,000,000
Maximum quarterly debt-to-EBITDA ratio	3.50
Maximum annual debt-to-EBITDA ratio	4.50
Minimum interest coverage ratio	2.50
Swingline Loans
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 175,000,000
Standby Letters of Credit
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 50,000,000

INCOME TAXES (Narrative) (Detai

INCOME TAXES (Narrative) (Details) - USD ($) $ in Millions	6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Unrecognized tax benefits	$ 221.3		$ 232
Change in tax benefits that are reasonably possible	$ 34
Effective tax rate	25.20%	31.70%
Increase in effective tax rate from discrete item, percent	(1.40%)	(10.10%)
Gross unrecognized tax benefits increase (decrease)	$ 10.7
Discrete income tax expense (benefit)	$ 7.2	$ 50

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Jun. 30, 2022
Other Commitments [Line Items]
POM maximum per tax return			$ 10,000
Standard guarantee accrual amount	$ 11,700,000		11,700,000		$ 14,000,000
Contingent business acquisition obligations	21,400,000		21,400,000		12,900,000
Lines of credit, total obligation	21,100,000		21,100,000
Remaining franchise equity lines of credit-undrawn commitment	7,400,000		7,400,000
Costs and Expenses	449,608,000	$ 436,116,000	838,704,000	$ 803,512,000
Deferred revenue and other current liabilities	182,711,000		$ 182,711,000		196,107,000
Percentage of participation interest required to be purchased at par			90%
Customer advance, outstanding amount	270,400,000		$ 270,400,000
COVID19 Payroll Tax Credits
Other Commitments [Line Items]
Social Security Tax, Employer Subsidy Received, CARES Act			12,100,000
Costs and Expenses			3,200,000
Deferred revenue and other current liabilities	$ 13,900,000		$ 13,900,000		$ 5,100,000

LITIGATION AND OTHER RELATED _2

LITIGATION AND OTHER RELATED CONTINGENCIES (Details) - USD ($) $ in Millions	May 06, 2019	Dec. 31, 2022	Jun. 30, 2022
Loss Contingencies [Line Items]
Loss contingency accrual		$ 1.6	$ 1.7
SCC
Loss Contingencies [Line Items]
Principal assets of SCC		$ 267
Free File Litigation
Loss Contingencies [Line Items]
Eligibility period prior to filing complaint	4 years