2023 Q1 Form 10-Q Financial Statement
#000159169823000010 Filed on February 03, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q4 |
---|---|---|
Revenue | $339.9M | $273.0M |
YoY Change | 38.17% | 39.26% |
Cost Of Revenue | $95.71M | $90.08M |
YoY Change | 26.71% | 27.19% |
Gross Profit | $244.1M | $182.9M |
YoY Change | 43.25% | 46.09% |
Gross Profit Margin | 71.84% | 67.01% |
Selling, General & Admin | $121.4M | $123.7M |
YoY Change | 24.71% | 34.74% |
% of Gross Profit | 49.74% | 67.62% |
Research & Development | $42.32M | $41.03M |
YoY Change | 64.87% | 62.31% |
% of Gross Profit | 17.34% | 22.43% |
Depreciation & Amortization | $4.633M | $4.579M |
YoY Change | 13.06% | 15.22% |
% of Gross Profit | 1.9% | 2.5% |
Operating Expenses | $163.8M | $164.7M |
YoY Change | 33.08% | 40.7% |
Operating Profit | $80.38M | $18.21M |
YoY Change | 69.65% | 123.74% |
Interest Expense | ||
YoY Change | ||
% of Operating Profit | ||
Other Income/Expense, Net | $1.139M | -$5.000K |
YoY Change | -466.24% | -98.66% |
Pretax Income | $81.52M | $18.20M |
YoY Change | 73.19% | 134.39% |
Income Tax | $23.90M | $2.603M |
% Of Pretax Income | 29.32% | 14.3% |
Net Earnings | $57.62M | $15.60M |
YoY Change | 65.34% | 58.33% |
Net Earnings / Revenue | 16.95% | 5.71% |
Basic Earnings Per Share | $1.03 | $0.28 |
Diluted Earnings Per Share | $1.02 | $0.28 |
COMMON SHARES | ||
Basic Shares Outstanding | 55.77M shares | 55.67M shares |
Diluted Shares Outstanding | 56.56M shares | 56.47M shares |
Balance Sheet
Concept | 2023 Q1 | 2022 Q4 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $233.7M | $120.1M |
YoY Change | 142.26% | 42.74% |
Cash & Equivalents | $233.7M | $120.1M |
Short-Term Investments | ||
Other Short-Term Assets | $3.231B | $3.096B |
YoY Change | -25.68% | 59.35% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $27.45M | $24.54M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $3.566B | $3.309B |
YoY Change | -21.05% | 58.55% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $60.07M | $59.51M |
YoY Change | -6.15% | -4.68% |
Goodwill | $102.1M | $102.1M |
YoY Change | -0.13% | 49.36% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $24.53M | $47.26M |
YoY Change | -17.44% | 13.94% |
Total Long-Term Assets | $627.5M | $628.8M |
YoY Change | 11.61% | 25.37% |
TOTAL ASSETS | ||
Total Short-Term Assets | $3.566B | $3.309B |
Total Long-Term Assets | $627.5M | $628.8M |
Total Assets | $4.194B | $3.938B |
YoY Change | -17.44% | 52.12% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $7.968M | $7.611M |
YoY Change | 57.75% | 15.32% |
Accrued Expenses | $144.3M | $115.8M |
YoY Change | 32.59% | 45.64% |
Deferred Revenue | $23.48M | $23.54M |
YoY Change | 63.86% | 99.61% |
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $3.355B | $3.189B |
YoY Change | -24.42% | 58.96% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $3.830M | $3.333M |
YoY Change | 58.13% | 61.09% |
Total Long-Term Liabilities | $3.830M | $3.333M |
YoY Change | 58.13% | 61.09% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $3.355B | $3.189B |
Total Long-Term Liabilities | $3.830M | $3.333M |
Total Liabilities | $3.425B | $3.260B |
YoY Change | -24.13% | 56.59% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $429.4M | $371.8M |
YoY Change | 38.21% | 34.78% |
Common Stock | $56.00K | $56.00K |
YoY Change | 1.82% | 1.82% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $768.7M | $677.8M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $4.194B | $3.938B |
YoY Change | -17.44% | 52.12% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q4 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $57.62M | $15.60M |
YoY Change | 65.34% | 58.33% |
Depreciation, Depletion And Amortization | $4.633M | $4.579M |
YoY Change | 13.06% | 15.22% |
Cash From Operating Activities | $127.4M | $62.37M |
YoY Change | 62.15% | 101.26% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $13.09M | -$13.00M |
YoY Change | -199.59% | -19.31% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$153.5M | -$29.70M |
YoY Change | 207.6% | 631.4% |
Cash From Investing Activities | -$166.6M | -$42.71M |
YoY Change | 164.22% | 111.66% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 131.9M | 769.4M |
YoY Change | -94.51% | -160.84% |
NET CHANGE | ||
Cash From Operating Activities | 127.4M | 62.37M |
Cash From Investing Activities | -166.6M | -42.71M |
Cash From Financing Activities | 131.9M | 769.4M |
Net Change In Cash | 92.68M | 789.1M |
YoY Change | -96.17% | -162.94% |
FREE CASH FLOW | ||
Cash From Operating Activities | $127.4M | $62.37M |
Capital Expenditures | $13.09M | -$13.00M |
Free Cash Flow | $114.3M | $75.37M |
YoY Change | 24.62% | 60.01% |
Facts In Submission
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2023 | ||
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Q2 | ||
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NonoperatingIncomeExpense
|
-372000 | usd |
CY2022Q4 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-5000 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-489000 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-168000 | usd | |
CY2021Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
7766000 | usd |
CY2022Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
18203000 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
17901000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
25129000 | usd | |
CY2021Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-2087000 | usd |
CY2022Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2603000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-22884000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-20823000 | usd | |
CY2021Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
9853000 | usd |
CY2022Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
15600000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
40785000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
45952000 | usd | |
CY2021Q4 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-335000 | usd |
CY2022Q4 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
516000 | usd |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-410000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-1856000 | usd | |
CY2021Q4 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
9518000 | usd |
CY2022Q4 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
16116000 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
40375000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
44096000 | usd | |
CY2021Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.18 | |
CY2022Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.28 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.74 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.83 | ||
CY2021Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.17 | |
CY2022Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.28 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.72 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.81 | ||
CY2021Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
55067000 | shares |
CY2022Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
55721000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
54938000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
55587000 | shares | |
CY2021Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56468000 | shares |
CY2022Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56474000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56486000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56559000 | shares | |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
467573000 | usd |
CY2021Q4 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
28122000 | usd |
CY2021Q4 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
383000 | usd |
CY2021Q4 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
7216000 | usd |
CY2021Q4 | pcty |
Net Settlement For Taxes Andor Exercise Price Related To Equity Awards
NetSettlementForTaxesAndorExercisePriceRelatedToEquityAwards
|
6119000 | usd |
CY2021Q4 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-335000 | usd |
CY2021Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
9853000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
506693000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
610846000 | usd |
CY2022Q4 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
47653000 | usd |
CY2022Q4 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
109000 | usd |
CY2022Q4 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
8450000 | usd |
CY2022Q4 | pcty |
Net Settlement For Taxes Andor Exercise Price Related To Equity Awards
NetSettlementForTaxesAndorExercisePriceRelatedToEquityAwards
|
5407000 | usd |
CY2022Q4 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
516000 | usd |
CY2022Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
15600000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
677767000 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
476930000 | usd |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
49228000 | usd | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1812000 | usd | |
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
7216000 | usd | |
pcty |
Net Settlement For Taxes Andor Exercise Price Related To Equity Awards
NetSettlementForTaxesAndorExercisePriceRelatedToEquityAwards
|
68868000 | usd | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-410000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
40785000 | usd | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
506693000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
613463000 | usd |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
91124000 | usd | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
2941000 | usd | |
pcty |
Stock Issued During Period Value Restricted Stock Units Vesting
StockIssuedDuringPeriodValueRestrictedStockUnitsVesting
|
0 | usd | |
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
8450000 | usd | |
pcty |
Net Settlement For Taxes Andor Exercise Price Related To Equity Awards
NetSettlementForTaxesAndorExercisePriceRelatedToEquityAwards
|
82307000 | usd | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-1856000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
45952000 | usd | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
677767000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
40785000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
45952000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
45802000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
83364000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
23383000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
29094000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-22952000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-20856000 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
103000 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
602000 | usd | |
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-221000 | usd | |
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
2039000 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
90000 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
157000 | usd | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
247000 | usd | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
1253000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
916000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
9377000 | usd | |
pcty |
Increase Decrease In Capitalized Contract Cost
IncreaseDecreaseInCapitalizedContractCost
|
26786000 | usd | |
pcty |
Increase Decrease In Capitalized Contract Cost
IncreaseDecreaseInCapitalizedContractCost
|
40638000 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
10008000 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-616000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
1403000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-392000 | usd | |
pcty |
Increase Decrease In Accrued Liabilities And Other Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherLiabilities
|
-24514000 | usd | |
pcty |
Increase Decrease In Accrued Liabilities And Other Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherLiabilities
|
-8979000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
26858000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
78757000 | usd | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
190000000 | usd | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
296060000 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
60391000 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
190253000 | usd | |
us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
17966000 | usd | |
us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
19740000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
10528000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
6663000 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
60234000 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
0 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-29000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-218337000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-132181000 | usd | |
pcty |
Increase Decrease In Client Funds Obligation
IncreaseDecreaseInClientFundsObligation
|
-160325000 | usd | |
pcty |
Increase Decrease In Client Funds Obligation
IncreaseDecreaseInClientFundsObligation
|
922079000 | usd | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
7216000 | usd | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
8450000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
67109000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
79369000 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
41000 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
864000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
100391000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-993862000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-91088000 | usd | |
CY2022Q4 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
53940000 | usd |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1047286000 | usd | |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1945881000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3793453000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1854793000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2746167000 | usd |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
125000 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
0 | usd | |
us-gaap |
Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
|
1874000 | usd | |
us-gaap |
Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
|
117000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
126000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
157000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-115000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-158000 | usd | |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
84104000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
120053000 | usd |
CY2021Q4 | pcty |
Funds Held For Clients Cash And Cash Equivalents At Carrying Value
FundsHeldForClientsCashAndCashEquivalentsAtCarryingValue
|
1770689000 | usd |
CY2022Q4 | pcty |
Funds Held For Clients Cash And Cash Equivalents At Carrying Value
FundsHeldForClientsCashAndCashEquivalentsAtCarryingValue
|
2626114000 | usd |
CY2021Q4 | pcty |
Cash Cash Equivalents And Funds Held For Clients Cash And Cash Equivalent
CashCashEquivalentsAndFundsHeldForClientsCashAndCashEquivalent
|
1854793000 | usd |
CY2022Q4 | pcty |
Cash Cash Equivalents And Funds Held For Clients Cash And Cash Equivalent
CashCashEquivalentsAndFundsHeldForClientsCashAndCashEquivalent
|
2746167000 | usd |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(1) Organization and Description of Business</span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div>Paylocity Holding Corporation (the “Company”) is a cloud-based provider of human capital management and payroll software solutions that deliver a comprehensive platform for the modern workforce. Services are provided in a Software-as-a-Service (“SaaS”) delivery model. The Company’s comprehensive product suite delivers a unified platform that helps businesses attract and retain talent, build culture and connection with their employees, and streamline and automate HR and payroll processes. | ||
pcty |
Period Of Term Arrangement
PeriodOfTermArrangement
|
P2Y | ||
CY2021Q4 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
195041000 | usd |
CY2022Q4 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
256434000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
375865000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
501840000 | usd | |
CY2021Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
8717000 | usd |
CY2022Q4 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P24M | |
CY2022Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
14195000 | usd |
CY2021Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
8734000 | usd |
CY2022Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
12233000 | usd |
CY2021Q4 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
5407000 | usd |
CY2022Q4 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
12002000 | usd |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
9760000 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
20234000 | usd | |
CY2021Q4 | pcty |
Total Revenue Recognized From Both The Beginning Balance And Current Period Increase In Contract Liability
TotalRevenueRecognizedFromBothTheBeginningBalanceAndCurrentPeriodIncreaseInContractLiability
|
4783000 | usd |
CY2022Q4 | pcty |
Total Revenue Recognized From Both The Beginning Balance And Current Period Increase In Contract Liability
TotalRevenueRecognizedFromBothTheBeginningBalanceAndCurrentPeriodIncreaseInContractLiability
|
6460000 | usd |
pcty |
Total Revenue Recognized From Both The Beginning Balance And Current Period Increase In Contract Liability
TotalRevenueRecognizedFromBothTheBeginningBalanceAndCurrentPeriodIncreaseInContractLiability
|
9153000 | usd | |
pcty |
Total Revenue Recognized From Both The Beginning Balance And Current Period Increase In Contract Liability
TotalRevenueRecognizedFromBothTheBeginningBalanceAndCurrentPeriodIncreaseInContractLiability
|
12730000 | usd | |
CY2021Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
9341000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
19737000 | usd |
CY2021Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
9341000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
19737000 | usd |
CY2022Q4 | us-gaap |
Capitalized Contract Cost Amortization Period
CapitalizedContractCostAmortizationPeriod
|
P7Y | |
CY2021Q3 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
226007000 | usd |
CY2021Q4 | pcty |
Capitalized Contract Cost Additions
CapitalizedContractCostAdditions
|
28029000 | usd |
CY2021Q4 | us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
-12357000 | usd |
CY2021Q4 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
241679000 | usd |
CY2022Q3 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
308612000 | usd |
CY2022Q4 | pcty |
Capitalized Contract Cost Additions
CapitalizedContractCostAdditions
|
39113000 | usd |
CY2022Q4 | us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
-16855000 | usd |
CY2022Q4 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
330870000 | usd |
CY2021Q2 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
214893000 | usd |
pcty |
Capitalized Contract Cost Additions
CapitalizedContractCostAdditions
|
50706000 | usd | |
us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
-23920000 | usd | |
CY2021Q4 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
241679000 | usd |
CY2022Q2 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
288568000 | usd |
pcty |
Capitalized Contract Cost Additions
CapitalizedContractCostAdditions
|
74887000 | usd | |
us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
-32585000 | usd | |
CY2022Q4 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
330870000 | usd |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
841000 | usd |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
602000 | usd | |
us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
130000 | usd | |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
1313000 | usd |
CY2022Q2 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
193156000 | usd |
CY2022Q4 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
216774000 | usd |
CY2022Q2 | us-gaap |
Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
|
131171000 | usd |
CY2022Q4 | us-gaap |
Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
|
145691000 | usd |
CY2022Q2 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
61985000 | usd |
CY2022Q4 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
71083000 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
135668000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
136216000 | usd |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
72829000 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
76710000 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
62839000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
59506000 | usd |
CY2021Q4 | us-gaap |
Depreciation
Depreciation
|
3974000 | usd |
CY2022Q4 | us-gaap |
Depreciation
Depreciation
|
4579000 | usd |
us-gaap |
Depreciation
Depreciation
|
7816000 | usd | |
us-gaap |
Depreciation
Depreciation
|
9033000 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
5541000 | usd | |
CY2022Q2 | us-gaap |
Goodwill
Goodwill
|
101949000 | usd |
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
105000 | usd | |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
102054000 | usd |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
68569000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
68569000 | usd |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
23094000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
28635000 | usd |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
45475000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
39934000 | usd |
CY2021Q4 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2000000 | usd |
CY2022Q4 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2770000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
5407000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
9943000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
8888000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
7269000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
4893000 | usd |
CY2022Q4 | pcty |
Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
|
3534000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
39934000 | usd |
CY2022Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
84897000 | usd |
CY2022Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
62092000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
8399000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
8507000 | usd |
CY2022Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
13548000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
23538000 | usd |
CY2022Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
17540000 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
21658000 | usd |
CY2022Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
124384000 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
115795000 | usd |
CY2022Q2 | pcty |
Cash And Cash Equivalents Amortized Cost
CashAndCashEquivalentsAmortizedCost
|
139756000 | usd |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
139756000 | usd |
CY2022Q2 | pcty |
Funds Held For Clients Cash And Cash Equivalents Amortized Cost
FundsHeldForClientsCashAndCashEquivalentsAmortizedCost
|
3653699000 | usd |
CY2022Q2 | pcty |
Funds Held For Clients Cash And Cash Equivalents Accumulated Gross Unrealized Loss Before Tax
FundsHeldForClientsCashAndCashEquivalentsAccumulatedGrossUnrealizedLossBeforeTax
|
2000 | usd |
CY2022Q2 | pcty |
Funds Held For Clients Cash And Cash Equivalents At Carrying Value
FundsHeldForClientsCashAndCashEquivalentsAtCarryingValue
|
3653697000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
337203000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
14000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
3138000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
334079000 | usd |
CY2022Q2 | pcty |
Investments Amortized Cost
InvestmentsAmortizedCost
|
4130658000 | usd |
CY2022Q2 | pcty |
Investments Accumulated Gross Unrealized Gain Before Tax
InvestmentsAccumulatedGrossUnrealizedGainBeforeTax
|
14000 | usd |
CY2022Q2 | pcty |
Investments Accumulated Gross Unrealized Loss Before Tax
InvestmentsAccumulatedGrossUnrealizedLossBeforeTax
|
3140000 | usd |
CY2022Q2 | us-gaap |
Investments
Investments
|
4127532000 | usd |
CY2022Q4 | pcty |
Cash And Cash Equivalents Amortized Cost
CashAndCashEquivalentsAmortizedCost
|
120053000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
120053000 | usd |
CY2022Q4 | pcty |
Funds Held For Clients Cash And Cash Equivalents Amortized Cost
FundsHeldForClientsCashAndCashEquivalentsAmortizedCost
|
2626112000 | usd |
CY2022Q4 | pcty |
Funds Held For Clients Cash And Cash Equivalents Accumulated Gross Unrealized Gain Before Tax
FundsHeldForClientsCashAndCashEquivalentsAccumulatedGrossUnrealizedGainBeforeTax
|
3000 | usd |
CY2022Q4 | pcty |
Funds Held For Clients Cash And Cash Equivalents Accumulated Gross Unrealized Loss Before Tax
FundsHeldForClientsCashAndCashEquivalentsAccumulatedGrossUnrealizedLossBeforeTax
|
1000 | usd |
CY2022Q4 | pcty |
Funds Held For Clients Cash And Cash Equivalents At Carrying Value
FundsHeldForClientsCashAndCashEquivalentsAtCarryingValue
|
2626114000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
445031000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
176000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
5624000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
439583000 | usd |
CY2022Q4 | pcty |
Investments Amortized Cost
InvestmentsAmortizedCost
|
3191196000 | usd |
CY2022Q4 | pcty |
Investments Accumulated Gross Unrealized Gain Before Tax
InvestmentsAccumulatedGrossUnrealizedGainBeforeTax
|
179000 | usd |
CY2022Q4 | pcty |
Investments Accumulated Gross Unrealized Loss Before Tax
InvestmentsAccumulatedGrossUnrealizedLossBeforeTax
|
5625000 | usd |
CY2022Q4 | us-gaap |
Investments
Investments
|
3185750000 | usd |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
139756000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
120053000 | usd |
CY2022Q2 | us-gaap |
Funds Held For Clients
FundsHeldForClients
|
3987776000 | usd |
CY2022Q4 | us-gaap |
Funds Held For Clients
FundsHeldForClients
|
3065697000 | usd |
CY2022Q2 | us-gaap |
Investments
Investments
|
4127532000 | usd |
CY2022Q4 | us-gaap |
Investments
Investments
|
3185750000 | usd |
CY2022Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
3138000 | usd |
us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
0 | usd | |
CY2022Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
|
285651000 | usd |
CY2022Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
0 | usd |
CY2022Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
|
0 | usd |
CY2022Q2 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
|
3138000 | usd |
CY2022Q2 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
|
285651000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
3497000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
|
228066000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
2127000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
|
50739000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
|
5624000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
|
278805000 | usd |
pcty |
Credit Impairment Loss
CreditImpairmentLoss
|
0 | usd | |
CY2022Q4 | pcty |
Credit Impairment Loss
CreditImpairmentLoss
|
0 | usd |
CY2021Q4 | pcty |
Credit Impairment Loss
CreditImpairmentLoss
|
0 | usd |
pcty |
Credit Impairment Loss
CreditImpairmentLoss
|
0 | usd | |
CY2021Q4 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
0 | usd |
us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
0 | usd | |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
0 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Maturities Remainder Of Fiscal Year Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRemainderOfFiscalYearAmortizedCostBasis
|
259823000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Maturities Remainder Of Fiscal Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRemainderOfFiscalYearFairValue
|
258853000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
|
90033000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
87491000 | usd |
CY2022Q4 | pcty |
Available For Sale Securities Debt Maturities Two Years To Three Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesTwoYearsToThreeYearsAmortizedCost
|
93175000 | usd |
CY2022Q4 | pcty |
Available For Sale Securities Debt Maturities Two Years To Three Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesTwoYearsToThreeYearsFairValue
|
91459000 | usd |
CY2022Q4 | pcty |
Debt Securities Available For Sale Amortized Cost Maturity Allocated And Single Maturity Date After Year Three Through Five
DebtSecuritiesAvailableForSaleAmortizedCostMaturityAllocatedAndSingleMaturityDateAfterYearThreeThroughFive
|
2000000 | usd |
CY2022Q4 | pcty |
Debt Securities Available For Sale Fair Value Maturity Allocated And Single Maturity Date After Year Three Through Five
DebtSecuritiesAvailableForSaleFairValueMaturityAllocatedAndSingleMaturityDateAfterYearThreeThroughFive
|
1780000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
445031000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
439583000 | usd |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
139756000 | usd |
CY2022Q2 | pcty |
Funds Held For Clients Cash And Cash Equivalents At Carrying Value
FundsHeldForClientsCashAndCashEquivalentsAtCarryingValue
|
3653697000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
334079000 | usd |
CY2022Q2 | us-gaap |
Investments
Investments
|
4127532000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
120053000 | usd |
CY2022Q4 | pcty |
Funds Held For Clients Cash And Cash Equivalents At Carrying Value
FundsHeldForClientsCashAndCashEquivalentsAtCarryingValue
|
2626114000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
439583000 | usd |
CY2022Q4 | us-gaap |
Investments
Investments
|
3185750000 | usd |
CY2021Q4 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
26243000 | usd |
CY2022Q4 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
43551000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
45802000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
83364000 | usd | |
CY2021Q4 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
1879000 | usd |
CY2022Q4 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
3154000 | usd |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
3426000 | usd | |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
6096000 | usd | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | rate | |
CY2021Q4 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.269 | |
CY2022Q4 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.143 | |
CY2021Q4 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2022Q4 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-1.278 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.829 | ||
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | rate | |
CY2021Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
9853000 | usd |
CY2022Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
15600000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
40785000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
45952000 | usd | |
CY2021Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
55067000 | shares |
CY2022Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
55721000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
54938000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
55587000 | shares | |
CY2021Q4 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1401000 | shares |
CY2022Q4 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
753000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1548000 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
972000 | shares | |
CY2021Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56468000 | shares |
CY2022Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56474000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56486000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56559000 | shares | |
CY2021Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.18 | |
CY2022Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.28 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.74 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.83 | ||
CY2021Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.17 | |
CY2022Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.28 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.72 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.81 | ||
CY2021Q4 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
76000 | shares |
CY2022Q4 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
673000 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
77000 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
661000 | shares |