Quarterly report pursuant to Section 13 or 15(d)

Service Revenue (Tables)

v3.19.3.a.u2
Service Revenue (Tables)
 6 Months Ended
Nov. 30, 2019
Service Revenue [Abstract]  
Summary of Disaggregates Revenue by Services

For the three months ended

For the six months ended

November 30,

November 30,

In millions

2019

2018

2019

2018

Management Solutions

$

726.7

$

685.4

$

1,451.2

$

1,373.1

PEO and Insurance Services

244.1

155.2

491.1

313.2

Total service revenue

$

970.8

$

840.6

$

1,942.3

$

1,686.3

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

For the three months ended

For the six months ended

November 30,

November 30,

In millions

2019

2018

2019

2018

Balance, beginning of period

$

44.5

$

45.7

$

45.7

$

46.4

Deferral of revenue

7.4

7.1

12.9

13.2

Recognition of unearned revenue

(6.8)

(6.8)

(13.5)

(13.6)

Balance, end of period

$

45.1

$

46.0

$

45.1

$

46.0

Summary of Changes in Deferred Costs to Obtain and Fulfill Contracts

For the three months ended November 30, 2019

Beginning

Capitalization

Ending

In millions

balance

of costs

Amortization

balance

Costs to obtain a contract

$

460.0

$

37.4

$

(40.5)

$

456.9

Costs to fulfill a contact

$

66.3

$

6.0

$

(5.9)

$

66.4

For the six months ended November 30, 2019

Beginning

Capitalization

Ending

In millions

balance

of costs

Amortization

balance

Costs to obtain a contract

$

464.3

$

73.3

$

(80.7)

$

456.9

Costs to fulfill a contact

$

66.1

$

12.0

$

(11.7)

$

66.4

For the three months ended November 30, 2018

Beginning

Capitalization

Ending

In millions

balance

of costs

Amortization

balance

Costs to obtain a contract

$

448.5

$

37.9

$

(39.1)

$

447.3

Costs to fulfill a contact

$

65.7

$

5.9

$

(5.8)

$

65.8

For the six months ended November 30, 2018

Beginning

Capitalization

Ending

In millions

balance

of costs

Amortization

balance

Costs to obtain a contract

$

455.0

$

70.3

$

(78.0)

$

447.3

Costs to fulfill a contact

$

65.4

$

11.9

$

(11.5)

$

65.8