Annual report pursuant to Section 13 and 15(d)

Valuation and Qualifying Accounts

v3.10.0.1
Valuation and Qualifying Accounts
 12 Months Ended
May 31, 2018
Valuation and Qualifying Accounts [Abstract]  
Valuation and Qualifying Accounts

Schedule II — Valuation and Qualifying Accounts

PAYCHEX, INC.

CONSOLIDATED FINANCIAL STATEMENT SCHEDULE

FOR THE YEAR ENDED MAY 31,

(In millions)







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

Additions to/

 

 

 

 

 

 



 

Balance as of

 

Additions

 

(deductions 

 

 

 

 

Balance as



 

beginning

 

charged to

 

from) other 

 

Costs and

 

of end

Description

 

of fiscal year

 

expenses

 

accounts(1)

 

deductions(2)

 

of fiscal year

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts

 

$

 6.0 

 

$

 3.6 

 

$

 —

 

$

 2.6 

 

$

 7.0 

Reserve for client fund losses

 

$

 3.0 

 

$

 3.1 

 

$

 —

 

$

 3.7 

 

$

 2.4 

2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts

 

$

 4.2 

 

$

 4.9 

 

$

 —

 

$

 3.1 

 

$

 6.0 

Reserve for client fund losses

 

$

 2.0 

 

$

 4.1 

 

$

 —

 

$

 3.1 

 

$

 3.0 

2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts

 

$

 1.4 

 

$

 2.5 

 

$

 2.0 

 

$

 1.7 

 

$

 4.2 

Reserve for client fund losses

 

$

 1.8 

 

$

 2.4 

 

$

 —

 

$

 2.2 

 

$

 2.0 



(1)

Amounts related to business acquisitions.

(2)

Uncollectible amounts written off, net of recoveries.