Paychex, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Description of Business, Basis of Presentation, and Significant Accounting Policies (Policy)
Notes Tables
Notes Details

Service Revenue (Tables)

v3.19.1

Service Revenue (Tables)

9 Months Ended

Feb. 28, 2019

Service Revenue [Abstract]

Summary of Disaggregates Revenue by Services



	For the three months ended				For the nine months ended
	February 28,				February 28,
			2018				2018
In millions	2019		As Adjusted(1)		2019		As Adjusted(1)
Management Solutions	$	801.6	$	768.8	$	2,174.7	$	2,088.2
PEO and Insurance Services		245.8		149.2		559.0		398.0
Total service revenue	$	1,047.4	$	918.0	$	2,733.7	$	2,486.2

(1) Amounts have been adjusted to reflect the adoption of ASC Topic 606.

Summary of Changes in Deferred Revenue Related to Material Right Performance Obligations



	For the three months ended		For the nine months ended
In millions	February 28, 2019		February 28, 2019
Balance, beginning of period	$	46.0	$	46.4
Deferral of revenue		7.7		20.9
Recognition of unearned revenue		(7.6)		(21.2)
Balance, end of period	$	46.1	$	46.1

Summary of Changes in Deferred Costs to Obtain and Fulfill Contracts



	For the three months ended February 28, 2019
	Beginning		Capitalization				Ending
In millions	balance		of costs		Amortization		balance
Costs to obtain a contract	$	447.3	$	47.9	$	(39.6)	$	455.6
Costs to fulfill a contact	$	65.8	$	5.9	$	(5.7)	$	66.0



	For the nine months ended February 28, 2019
	Beginning		Capitalization				Ending
In millions	balance		of costs		Amortization		balance
Costs to obtain a contract	$	455.0	$	118.2	$	(117.6)	$	455.6
Costs to fulfill a contact	$	65.4	$	17.8	$	(17.2)	$	66.0

- Definition

Tabular disclosure of cost capitalized in obtaining or fulfilling contract with customer.

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