2023 Q3 Form 10-K Financial Statement
#000159169823000115 Filed on August 04, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 | 2023 |
---|---|---|---|
Revenue | $317.6M | $308.5M | $1.175B |
YoY Change | 25.39% | 34.73% | 37.76% |
Cost Of Revenue | $101.5M | $96.71M | $367.0M |
YoY Change | 20.02% | 24.95% | 27.89% |
Gross Profit | $216.1M | $211.7M | $807.6M |
YoY Change | 28.08% | 39.72% | 42.77% |
Gross Profit Margin | 68.05% | 68.65% | 68.75% |
Selling, General & Admin | $130.3M | $121.8M | $488.5M |
YoY Change | 7.21% | 17.34% | 29.19% |
% of Gross Profit | 60.3% | 57.54% | 60.5% |
Research & Development | $44.61M | $40.55M | $164.0M |
YoY Change | 11.25% | 40.39% | 59.36% |
% of Gross Profit | 20.64% | 19.15% | 20.31% |
Depreciation & Amortization | $17.12M | $16.38M | $60.87M |
YoY Change | 20.0% | 18.74% | 21.2% |
% of Gross Profit | 7.92% | 7.74% | 7.54% |
Operating Expenses | $174.9M | $162.4M | $652.5M |
YoY Change | 8.22% | 22.35% | 35.65% |
Operating Profit | $41.19M | $49.35M | $155.0M |
YoY Change | 481.03% | 162.15% | 83.26% |
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | $3.225M | $2.617M | $3.588M |
YoY Change | -2078.53% | -1428.43% | -459.88% |
Pretax Income | $44.41M | $51.97M | $158.6M |
YoY Change | 541.26% | 178.97% | 89.74% |
Income Tax | $9.897M | $14.72M | $17.79M |
% Of Pretax Income | 22.28% | 28.31% | 11.22% |
Net Earnings | $34.52M | $37.25M | $140.8M |
YoY Change | 13.72% | 145.97% | 55.13% |
Net Earnings / Revenue | 10.87% | 12.08% | 11.99% |
Basic Earnings Per Share | $0.62 | $2.53 | |
Diluted Earnings Per Share | $0.61 | $0.66 | $2.49 |
COMMON SHARES | |||
Basic Shares Outstanding | 55.92M shares | 55.81M shares | 55.71M shares |
Diluted Shares Outstanding | 56.88M shares | 56.60M shares |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $305.0M | $288.8M | $288.8M |
YoY Change | 365.76% | 106.62% | 106.62% |
Cash & Equivalents | $305.0M | $288.8M | $288.8M |
Short-Term Investments | |||
Other Short-Term Assets | $2.565B | $2.656B | $2.656B |
YoY Change | 10.17% | -33.86% | -33.86% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $30.11M | $103.2M | $103.2M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $2.983B | $3.048B | $3.048B |
YoY Change | 20.3% | -27.96% | -27.96% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $63.34M | $108.1M | $108.1M |
YoY Change | 3.93% | 72.08% | -3.49% |
Goodwill | $102.1M | $102.1M | |
YoY Change | 0.0% | 0.1% | |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $22.30M | $22.18M | $22.18M |
YoY Change | -56.21% | -17.27% | -17.27% |
Total Long-Term Assets | $663.9M | $647.2M | $647.2M |
YoY Change | 7.86% | 12.11% | 12.11% |
TOTAL ASSETS | |||
Total Short-Term Assets | $2.983B | $3.048B | $3.048B |
Total Long-Term Assets | $663.9M | $647.2M | $647.2M |
Total Assets | $3.647B | $3.696B | $3.696B |
YoY Change | 17.82% | -23.15% | -23.15% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $8.749M | $6.153M | $6.153M |
YoY Change | 40.32% | -26.52% | -26.52% |
Accrued Expenses | $131.7M | $118.7M | $118.7M |
YoY Change | 24.35% | -4.53% | 7.14% |
Deferred Revenue | $26.14M | $24.54M | |
YoY Change | 55.51% | 81.13% | |
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $2.672B | $2.775B | $2.775B |
YoY Change | 10.81% | -32.66% | -32.66% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $3.584M | $66.20M | $66.20M |
YoY Change | 4.58% | 1698.48% | -9.06% |
Total Long-Term Liabilities | $3.584M | $66.20M | $66.20M |
YoY Change | 4.58% | 1698.48% | -9.06% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.672B | $2.775B | $2.775B |
Total Long-Term Liabilities | $3.584M | $66.20M | $66.20M |
Total Liabilities | $2.754B | $2.853B | $2.853B |
YoY Change | 10.86% | -32.0% | -32.0% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $501.2M | $466.7M | |
YoY Change | 40.7% | 43.21% | |
Common Stock | $56.00K | $56.00K | |
YoY Change | 0.0% | 1.82% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $892.6M | $842.9M | $842.9M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $3.647B | $3.696B | $3.696B |
YoY Change | 17.82% | -23.15% | -23.15% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $34.52M | $37.25M | $140.8M |
YoY Change | 13.72% | 145.97% | 55.13% |
Depreciation, Depletion And Amortization | $17.12M | $16.38M | $60.87M |
YoY Change | 20.0% | 18.74% | 21.2% |
Cash From Operating Activities | $62.14M | $76.62M | $282.7M |
YoY Change | 279.22% | 54.28% | 82.34% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $3.454M | $27.42M | $66.91M |
YoY Change | 0.2% | -350.54% | 270.32% |
Acquisitions | $0.00 | ||
YoY Change | -100.0% | ||
Other Investing Activities | $406.0K | $106.0M | -$153.2M |
YoY Change | -100.53% | -156.55% | -6229.92% |
Cash From Investing Activities | -$9.404M | $78.59M | -$220.2M |
YoY Change | -89.49% | -139.61% | -54.11% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -$122.4M | -572.7M | -1.435B |
YoY Change | -93.06% | 72.94% | -166.05% |
NET CHANGE | |||
Cash From Operating Activities | $62.14M | 76.62M | 282.7M |
Cash From Investing Activities | -$9.404M | 78.59M | -220.2M |
Cash From Financing Activities | -$122.4M | -572.7M | -1.435B |
Net Change In Cash | -$69.66M | -417.5M | -1.372B |
YoY Change | -96.21% | -13.0% | -174.27% |
FREE CASH FLOW | |||
Cash From Operating Activities | $62.14M | $76.62M | $282.7M |
Capital Expenditures | $3.454M | $27.42M | $66.91M |
Free Cash Flow | $58.69M | $49.20M | $215.8M |
YoY Change | 353.54% | -18.82% | 57.54% |
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|
-609000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-2369000 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-2212000 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
70210000 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
88408000 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
138610000 | usd |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.30 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.65 | |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.53 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.26 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.61 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.49 | |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
54318000 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
55036000 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
55706000 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56305000 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56445000 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56596000 | shares |
CY2021 | pcty |
Adjustments To Additional Paid In Capital Restricted Stock Vesting
AdjustmentsToAdditionalPaidInCapitalRestrictedStockVesting
|
0 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
12214000 | usd |
CY2021 | pcty |
Net Settlement For Taxes And Exercise Price Related To Equity Awards
NetSettlementForTaxesAndExercisePriceRelatedToEquityAwards
|
67377000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-609000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
70819000 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
476930000 | usd |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
103733000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
2226000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
14103000 | usd |
CY2022 | pcty |
Net Settlement For Taxes And Exercise Price Related To Equity Awards
NetSettlementForTaxesAndExercisePriceRelatedToEquityAwards
|
71937000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-2369000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
90777000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
613463000 | usd |
CY2023 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
162183000 | usd |
CY2023 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
3265000 | usd |
CY2023 | pcty |
Adjustments To Additional Paid In Capital Restricted Stock Vesting
AdjustmentsToAdditionalPaidInCapitalRestrictedStockVesting
|
1000 | usd |
CY2023 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
16916000 | usd |
CY2023 | pcty |
Net Settlement For Taxes And Exercise Price Related To Equity Awards
NetSettlementForTaxesAndExercisePriceRelatedToEquityAwards
|
91575000 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-2212000 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
140822000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
842863000 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
70819000 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
90777000 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
140822000 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
63052000 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
96202000 | usd |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
147300000 | usd |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
42972000 | usd |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
50218000 | usd |
CY2023 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
60866000 | usd |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-13642000 | usd |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-7180000 | usd |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
13540000 | usd |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
316000 | usd |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
311000 | usd |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1245000 | usd |
CY2021 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-347000 | usd |
CY2022 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-381000 | usd |
CY2023 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
5412000 | usd |
CY2021 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
171000 | usd |
CY2022 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
185000 | usd |
CY2023 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
286000 | usd |
CY2021 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
632000 | usd |
CY2022 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
318000 | usd |
CY2023 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
1396000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
1654000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
7605000 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
9407000 | usd |
CY2021 | pcty |
Increase Decrease In Capitalized Contract Cost
IncreaseDecreaseInCapitalizedContractCost
|
56850000 | usd |
CY2022 | pcty |
Increase Decrease In Capitalized Contract Cost
IncreaseDecreaseInCapitalizedContractCost
|
73263000 | usd |
CY2023 | pcty |
Increase Decrease In Capitalized Contract Cost
IncreaseDecreaseInCapitalizedContractCost
|
80781000 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
4004000 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
14767000 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
3994000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
2394000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
2553000 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-1554000 | usd |
CY2021 | pcty |
Increase Decrease In Accrued Liabilities And Other Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherLiabilities
|
20297000 | usd |
CY2022 | pcty |
Increase Decrease In Accrued Liabilities And Other Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherLiabilities
|
16923000 | usd |
CY2023 | pcty |
Increase Decrease In Accrued Liabilities And Other Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherLiabilities
|
18416000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
124850000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
155053000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
282723000 | usd |
CY2021 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
0 | usd |
CY2022 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
433962000 | usd |
CY2023 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
598895000 | usd |
CY2021 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
101467000 | usd |
CY2022 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
116848000 | usd |
CY2023 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
446751000 | usd |
CY2021 | us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
28594000 | usd |
CY2022 | us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
34515000 | usd |
CY2023 | us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
45004000 | usd |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
9461000 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
18069000 | usd |
CY2023 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
21910000 | usd |
CY2021 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
14992000 | usd |
CY2022 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
107576000 | usd |
CY2023 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | usd |
CY2021 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
0 | usd |
CY2022 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
2500000 | usd |
CY2023 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
1104000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
48420000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-479774000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-220162000 | usd |
CY2021 | pcty |
Increase Decrease In Client Funds Obligation
IncreaseDecreaseInClientFundsObligation
|
-432373000 | usd |
CY2022 | pcty |
Increase Decrease In Client Funds Obligation
IncreaseDecreaseInClientFundsObligation
|
-2228038000 | usd |
CY2023 | pcty |
Increase Decrease In Client Funds Obligation
IncreaseDecreaseInClientFundsObligation
|
1362421000 | usd |
CY2021 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
0 | usd |
CY2022Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
50000000 | usd |
CY2023 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
0 | usd |
CY2021 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
100000000 | usd |
CY2022 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
50000000 | usd |
CY2023 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
0 | usd |
CY2021 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
146000 | usd |
CY2022 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | usd |
CY2023 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
12214000 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
14103000 | usd |
CY2023 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
16916000 | usd |
CY2021 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
64191000 | usd |
CY2022 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
69761000 | usd |
CY2023 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
88312000 | usd |
CY2021 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
64000 | usd |
CY2022 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
87000 | usd |
CY2023 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
885000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
280478000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2172293000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1434702000 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
453748000 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1847572000 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1372141000 | usd |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1492133000 | 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 |
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 |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2421312000 | usd |
CY2021 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
581000 | usd |
CY2022 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
2052000 | usd |
CY2023 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
0 | usd |
CY2021 | us-gaap |
Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
|
281000 | usd |
CY2022 | us-gaap |
Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
|
4581000 | usd |
CY2023 | us-gaap |
Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
|
117000 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
870000 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
311000 | usd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
404000 | usd |
CY2021 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-136000 | usd |
CY2022 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
11000 | usd |
CY2023 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1359000 | usd |
CY2021Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
202287000 | usd |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
139756000 | usd |
CY2023Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
288767000 | usd |
CY2021Q2 | pcty |
Funds Held For Clients Cash And Cash Equivalents
FundsHeldForClientsCashAndCashEquivalents
|
1743594000 | usd |
CY2022Q2 | pcty |
Funds Held For Clients Cash And Cash Equivalents
FundsHeldForClientsCashAndCashEquivalents
|
3653697000 | usd |
CY2023Q2 | pcty |
Funds Held For Clients Cash And Cash Equivalents
FundsHeldForClientsCashAndCashEquivalents
|
2132545000 | usd |
CY2021Q2 | pcty |
Cash Cash Equivalents Funds Held For Clients Cash And Cash Equivalents
CashCashEquivalentsFundsHeldForClientsCashAndCashEquivalents
|
1945881000 | usd |
CY2022Q2 | pcty |
Cash Cash Equivalents Funds Held For Clients Cash And Cash Equivalents
CashCashEquivalentsFundsHeldForClientsCashAndCashEquivalents
|
3793453000 | usd |
CY2023Q2 | pcty |
Cash Cash Equivalents Funds Held For Clients Cash And Cash Equivalents
CashCashEquivalentsFundsHeldForClientsCashAndCashEquivalents
|
2421312000 | usd |
CY2023 | us-gaap |
Nature Of Operations
NatureOfOperations
|
(1) Organization and Description of BusinessPaylocity 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. | |
CY2021 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd |
CY2023 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(b) </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentrations of Risk</span>The Company regularly maintains cash balances that exceed Federal Depository Insurance Corporation limits. No individual client represents 10% or more of total revenues. For all periods presented, substantially all of total revenues were generated by clients in the United States. | |
CY2023 | pcty |
Period Of Repayment Of Client Fund Obligations
PeriodOfRepaymentOfClientFundObligations
|
P1Y | |
CY2022 | pcty |
Minimum Threshold Period Past Due For Collectability Review Of Trade Accounts Receivable
MinimumThresholdPeriodPastDueForCollectabilityReviewOfTradeAccountsReceivable
|
P60D | |
CY2023Q2 | us-gaap |
Capitalized Contract Cost Amortization Period
CapitalizedContractCostAmortizationPeriod
|
P7Y | |
CY2022 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd |
CY2023 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd |
CY2023 | pcty |
Term Arrangement Period
TermArrangementPeriod
|
P2Y | |
CY2023 | pcty |
Cost Of Revenues For Proprietary Products Amortization Period
CostOfRevenuesForProprietaryProductsAmortizationPeriod
|
P7Y | |
CY2021 | us-gaap |
Advertising Expense
AdvertisingExpense
|
3189000 | usd |
CY2022 | us-gaap |
Advertising Expense
AdvertisingExpense
|
8335000 | usd |
CY2023 | us-gaap |
Advertising Expense
AdvertisingExpense
|
15700000 | usd |
CY2021 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
631725000 | usd |
CY2022 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
847694000 | usd |
CY2023 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1098036000 | usd |
CY2021Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
8734000 | usd |
CY2022Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
12233000 | usd |
CY2022 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
25109000 | usd |
CY2023 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
40991000 | usd |
CY2022 | pcty |
Total Revenue Recognized From Both Beginning Balance And Current Period Increase In Contract Liability
TotalRevenueRecognizedFromBothBeginningBalanceAndCurrentPeriodIncreaseInContractLiability
|
21610000 | usd |
CY2023 | pcty |
Total Revenue Recognized From Both Beginning Balance And Current Period Increase In Contract Liability
TotalRevenueRecognizedFromBothBeginningBalanceAndCurrentPeriodIncreaseInContractLiability
|
30607000 | usd |
CY2022Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
12233000 | usd |
CY2023Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
22617000 | usd |
CY2022 | us-gaap |
Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
|
0 | usd |
CY2021 | us-gaap |
Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
|
0 | usd |
CY2023 | us-gaap |
Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
|
0 | usd |
CY2023Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
62938000 | usd |
CY2023Q2 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P24M | |
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
FundsHeldForClientsCashAndCashEquivalents
|
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 |
CY2023Q2 | pcty |
Cash And Cash Equivalents Amortized Cost
CashAndCashEquivalentsAmortizedCost
|
288767000 | usd |
CY2023Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
288767000 | usd |
CY2023Q2 | pcty |
Funds Held For Clients Cash And Cash Equivalents Amortized Cost
FundsHeldForClientsCashAndCashEquivalentsAmortizedCost
|
2132545000 | usd |
CY2023Q2 | pcty |
Funds Held For Clients Cash And Cash Equivalents Accumulated Gross Unrealized Loss Before Tax
FundsHeldForClientsCashAndCashEquivalentsAccumulatedGrossUnrealizedLossBeforeTax
|
0 | usd |
CY2023Q2 | pcty |
Funds Held For Clients Cash And Cash Equivalents
FundsHeldForClientsCashAndCashEquivalents
|
2132545000 | usd |
CY2023Q2 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
494741000 | usd |
CY2023Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
45000 | usd |
CY2023Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
5916000 | usd |
CY2023Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
488870000 | usd |
CY2023Q2 | pcty |
Investments Amortized Cost
InvestmentsAmortizedCost
|
2916053000 | usd |
CY2023Q2 | pcty |
Investments Accumulated Gross Unrealized Gain Before Tax
InvestmentsAccumulatedGrossUnrealizedGainBeforeTax
|
45000 | usd |
CY2023Q2 | pcty |
Investments Accumulated Gross Unrealized Loss Before Tax
InvestmentsAccumulatedGrossUnrealizedLossBeforeTax
|
5916000 | usd |
CY2023Q2 | us-gaap |
Investments
Investments
|
2910182000 | usd |
CY2023Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
288767000 | usd |
CY2023Q2 | us-gaap |
Funds Held For Clients
FundsHeldForClients
|
2621415000 | usd |
CY2023Q2 | us-gaap |
Investments
Investments
|
2910182000 | usd |
CY2022Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
3138000 | 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 |
CY2023Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
2305000 | usd |
CY2023Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
|
344035000 | usd |
CY2023Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
3611000 | usd |
CY2023Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
|
104818000 | usd |
CY2023Q2 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
|
5916000 | usd |
CY2023Q2 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
|
448853000 | usd |
CY2021 | pcty |
Credit Impairment Loss
CreditImpairmentLoss
|
0 | usd |
CY2023 | pcty |
Credit Impairment Loss
CreditImpairmentLoss
|
0 | usd |
CY2022 | pcty |
Credit Impairment Loss
CreditImpairmentLoss
|
0 | usd |
CY2023Q2 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
|
257957000 | usd |
CY2023Q2 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
256166000 | usd |
CY2023Q2 | pcty |
Debt Securities Available For Sale Amortized Cost Maturity Allocated And Single Maturity Date After Year One Through Two
DebtSecuritiesAvailableForSaleAmortizedCostMaturityAllocatedAndSingleMaturityDateAfterYearOneThroughTwo
|
147340000 | usd |
CY2023Q2 | pcty |
Debt Securities Available For Sale Fair Value Maturity Allocated And Single Maturity Date After Year One Through Two
DebtSecuritiesAvailableForSaleFairValueMaturityAllocatedAndSingleMaturityDateAfterYearOneThroughTwo
|
144468000 | usd |
CY2023Q2 | pcty |
Debt Securities Available For Sale Amortized Cost Maturity Allocated And Single Maturity Date After Year Two Through Three
DebtSecuritiesAvailableForSaleAmortizedCostMaturityAllocatedAndSingleMaturityDateAfterYearTwoThroughThree
|
87451000 | usd |
CY2023Q2 | pcty |
Debt Securities Available For Sale Fair Value Maturity Allocated And Single Maturity Date After Year Two Through Three
DebtSecuritiesAvailableForSaleFairValueMaturityAllocatedAndSingleMaturityDateAfterYearTwoThroughThree
|
86445000 | usd |
CY2023Q2 | pcty |
Debt Securities Available For Sale Amortized Cost Maturity Allocated And Single Maturity Date After Year Three Through Five
DebtSecuritiesAvailableForSaleAmortizedCostMaturityAllocatedAndSingleMaturityDateAfterYearThreeThroughFive
|
1993000 | usd |
CY2023Q2 | pcty |
Debt Securities Available For Sale Fair Value Maturity Allocated And Single Maturity Date After Year Three Through Five
DebtSecuritiesAvailableForSaleFairValueMaturityAllocatedAndSingleMaturityDateAfterYearThreeThroughFive
|
1791000 | usd |
CY2023Q2 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
494741000 | usd |
CY2023Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
488870000 | usd |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
139756000 | usd |
CY2022Q2 | pcty |
Funds Held For Clients Cash And Cash Equivalents
FundsHeldForClientsCashAndCashEquivalents
|
3653697000 | usd |
CY2023Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
288767000 | usd |
CY2023Q2 | pcty |
Funds Held For Clients Cash And Cash Equivalents
FundsHeldForClientsCashAndCashEquivalents
|
2132545000 | usd |
CY2023Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
488870000 | usd |
CY2023Q2 | us-gaap |
Investments
Investments
|
2910182000 | usd |
CY2022Q2 | pcty |
Trade Receivables
TradeReceivables
|
14797000 | usd |
CY2023Q2 | pcty |
Trade Receivables
TradeReceivables
|
15471000 | usd |
CY2022Q2 | pcty |
Accrued Interest On Funds Held For Clients
AccruedInterestOnFundsHeldForClients
|
296000 | usd |
CY2023Q2 | pcty |
Accrued Interest On Funds Held For Clients
AccruedInterestOnFundsHeldForClients
|
6886000 | usd |
CY2022Q2 | us-gaap |
Nontrade Receivables Current
NontradeReceivablesCurrent
|
1502000 | usd |
CY2023Q2 | us-gaap |
Nontrade Receivables Current
NontradeReceivablesCurrent
|
4348000 | usd |
CY2022Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
16595000 | usd |
CY2023Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
26705000 | usd |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
841000 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1620000 | usd |
CY2022Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
15754000 | usd |
CY2023Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
25085000 | usd |
CY2020Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
617000 | usd |
CY2021Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
800000 | usd |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
841000 | usd |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
316000 | usd |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
311000 | usd |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1245000 | usd |
CY2021 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
133000 | usd |
CY2022 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
270000 | usd |
CY2023 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
466000 | usd |
CY2021Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
800000 | usd |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
72829000 | usd |
CY2023Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
77886000 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
62839000 | usd |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
841000 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
1620000 | usd |
CY2022Q2 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
193156000 | usd |
CY2023Q2 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
248738000 | usd |
CY2022Q2 | us-gaap |
Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
|
131171000 | usd |
CY2023Q2 | us-gaap |
Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
|
162611000 | usd |
CY2022Q2 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
61985000 | usd |
CY2023Q2 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
86127000 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
135668000 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
141955000 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
64069000 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
15905000 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
16199000 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
18478000 | usd |
CY2021Q2 | us-gaap |
Goodwill
Goodwill
|
33650000 | usd |
CY2022Q2 | us-gaap |
Goodwill
Goodwill
|
101949000 | usd |
CY2022 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
68299000 | usd |
CY2023 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
0 | usd |
CY2022 | us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
0 | usd |
CY2023 | us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
105000 | usd |
CY2022Q2 | us-gaap |
Goodwill
Goodwill
|
101949000 | usd |
CY2023Q2 | us-gaap |
Goodwill
Goodwill
|
102054000 | usd |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
68569000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
68569000 | usd |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
23094000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
34042000 | usd |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
45475000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
34527000 | usd |
CY2021 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
3840000 | usd |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
8752000 | usd |
CY2023 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
10948000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
9943000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
8888000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
7269000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
4893000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
3029000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
505000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
34527000 | usd |
CY2022Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
84897000 | usd |
CY2023Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
85019000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
8399000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
7800000 | usd |
CY2022Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
13548000 | usd |
CY2023Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
24539000 | usd |
CY2022Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
17540000 | usd |
CY2023Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
25929000 | usd |
CY2022Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
124384000 | usd |
CY2023Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
143287000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
50000000 | usd |
CY2021 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
9139000 | usd |
CY2022 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
7509000 | usd |
CY2023 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
8868000 | usd |
CY2021 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
75000 | usd |
CY2022 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
345000 | usd |
CY2023 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
301000 | usd |
CY2021 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
4796000 | usd |
CY2022 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
4579000 | usd |
CY2023 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
5358000 | usd |
CY2021 | us-gaap |
Lease Cost
LeaseCost
|
14010000 | usd |
CY2022 | us-gaap |
Lease Cost
LeaseCost
|
12433000 | usd |
CY2023 | us-gaap |
Lease Cost
LeaseCost
|
14527000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
49210000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
44067000 | usd |
CY2022Q2 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
8399000 | usd |
CY2023Q2 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
7800000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
69119000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
62471000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P8Y10M24D | |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P8Y | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0346 | |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0352 | |
CY2021 | us-gaap |
Operating Lease Payments Use
OperatingLeasePaymentsUse
|
11093000 | usd |
CY2022 | us-gaap |
Operating Lease Payments Use
OperatingLeasePaymentsUse
|
9955000 | usd |
CY2023 | us-gaap |
Operating Lease Payments Use
OperatingLeasePaymentsUse
|
10958000 | usd |
CY2021 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
1682000 | usd |
CY2022 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
10084000 | usd |
CY2023 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
1264000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
10050000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
10321000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
9909000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
9470000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
9490000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
32053000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
81293000 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
11022000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
70271000 | usd |
CY2021 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | usd |
CY2022 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | usd |
CY2023 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
1702000 | usd |
CY2021 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
-75000 | usd |
CY2022 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
-16000 | usd |
CY2023 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
2625000 | usd |
CY2021 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-10476000 | usd |
CY2022 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-4214000 | usd |
CY2023 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
17973000 | usd |
CY2021 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-3164000 | usd |
CY2022 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-2950000 | usd |
CY2023 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-4508000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-13715000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-7180000 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
17792000 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2021 | pcty |
Effective Income Tax Rate Reconciliation Tax Credit Research And Development Net
EffectiveIncomeTaxRateReconciliationTaxCreditResearchAndDevelopmentNet
|
-0.071 | |
CY2022 | pcty |
Effective Income Tax Rate Reconciliation Tax Credit Research And Development Net
EffectiveIncomeTaxRateReconciliationTaxCreditResearchAndDevelopmentNet
|
-0.053 | |
CY2023 | pcty |
Effective Income Tax Rate Reconciliation Tax Credit Research And Development Net
EffectiveIncomeTaxRateReconciliationTaxCreditResearchAndDevelopmentNet
|
-0.031 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
0.014 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
0.015 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
0.010 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.028 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.004 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.028 | |
CY2021 | pcty |
Effective Income Tax Rate Reconciliation Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationShareBasedCompensationCost
|
-0.350 | |
CY2022 | pcty |
Effective Income Tax Rate Reconciliation Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationShareBasedCompensationCost
|
-0.219 | |
CY2023 | pcty |
Effective Income Tax Rate Reconciliation Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationShareBasedCompensationCost
|
-0.061 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
-0.067 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
-0.040 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.013 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
-0.004 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
-0.003 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
-0.001 | |
CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.240 | |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.086 | |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.086 | |
CY2023 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.112 | |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
57104000 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
83597000 | usd |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
158614000 | usd |
CY2022Q2 | pcty |
Deferred Tax Assets Operating Lease Liabilities
DeferredTaxAssetsOperatingLeaseLiabilities
|
19979000 | usd |
CY2023Q2 | pcty |
Deferred Tax Assets Operating Lease Liabilities
DeferredTaxAssetsOperatingLeaseLiabilities
|
18238000 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
|
16143000 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
|
19610000 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
22857000 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
27402000 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
45574000 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
13010000 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
|
30498000 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
|
35016000 | usd |
CY2022Q2 | pcty |
Deferred Tax Assets Tax Deferred Expense Capitalized Research And Development Costs
DeferredTaxAssetsTaxDeferredExpenseCapitalizedResearchAndDevelopmentCosts
|
0 | usd |
CY2023Q2 | pcty |
Deferred Tax Assets Tax Deferred Expense Capitalized Research And Development Costs
DeferredTaxAssetsTaxDeferredExpenseCapitalizedResearchAndDevelopmentCosts
|
12523000 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
1064000 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
1204000 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
136115000 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
127003000 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
5850000 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
1350000 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
130265000 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
125653000 | usd |
CY2022Q2 | pcty |
Deferred Tax Liabilities Deferred Contract Costs
DeferredTaxLiabilitiesDeferredContractCosts
|
75028000 | usd |
CY2023Q2 | pcty |
Deferred Tax Liabilities Deferred Contract Costs
DeferredTaxLiabilitiesDeferredContractCosts
|
96598000 | usd |
CY2022Q2 | pcty |
Deferred Tax Liabilities Operating Lease Right Of Use Assets
DeferredTaxLiabilitiesOperatingLeaseRightOfUseAssets
|
12708000 | usd |
CY2023Q2 | pcty |
Deferred Tax Liabilities Operating Lease Right Of Use Assets
DeferredTaxLiabilitiesOperatingLeaseRightOfUseAssets
|
11456000 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Liabilities Deferred Expense Capitalized Research And Development Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedResearchAndDevelopmentCosts
|
13661000 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Liabilities Deferred Expense Capitalized Research And Development Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedResearchAndDevelopmentCosts
|
0 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
3725000 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
2626000 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
8300000 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
10947000 | usd |
CY2022Q2 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
113422000 | usd |
CY2023Q2 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
121627000 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
16843000 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
4026000 | usd |
CY2021Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
534000 | usd |
CY2022Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
1015000 | usd |
CY2022 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
380000 | usd |
CY2023 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
570000 | usd |
CY2022 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
101000 | usd |
CY2023 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
0 | usd |
CY2022 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
0 | usd |
CY2023 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
33000 | usd |
CY2022Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
1015000 | usd |
CY2023Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
1552000 | usd |
CY2021 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
63052000 | usd |
CY2022 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
96202000 | usd |
CY2023 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
147300000 | usd |
CY2021 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
2610000 | usd |
CY2022 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
7119000 | usd |
CY2023 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
11901000 | usd |
CY2023 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
|
0.50 | |
CY2023 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
|
0.08 | |
CY2021 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
2658000 | usd |
CY2022 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
12305000 | usd |
CY2023 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
15083000 | usd |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
70819000 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
90777000 | usd |
CY2023 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
140822000 | usd |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
54318000 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
55036000 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
55706000 | shares |
CY2021 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1987000 | shares |
CY2022 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1409000 | shares |
CY2023 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
890000 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56305000 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56445000 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56596000 | shares |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.30 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.65 | |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.53 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.26 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.61 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.49 | |
CY2021 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
44000 | shares |
CY2022 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
94000 | shares |
CY2023 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
87000 | shares |