$PCTY
Paylocity Holding Corp Stock $pcty

$pcty Overview Financials Valuation SEC Filings Company Website

2024 Q1 Form 10-Q Financial Statement

#000159169824000014 Filed on February 09, 2024

Income Statement

Concept	2024 Q1	2023 Q4
Revenue	$401.3M	$326.4M
YoY Change	18.07%	19.54%
Cost Of Revenue	$116.0M	$107.4M
YoY Change	21.18%	19.23%
Gross Profit	$285.3M	$219.0M
YoY Change	16.86%	19.7%
Gross Profit Margin	71.1%	67.09%
Selling, General & Admin	$135.6M	$123.1M
YoY Change	11.68%	-0.47%
% of Gross Profit	47.54%	56.23%
Research & Development	$43.39M	$46.14M
YoY Change	2.51%	12.45%
% of Gross Profit	15.21%	21.07%
Depreciation & Amortization	$5.220M	$5.179M
YoY Change	12.67%	13.1%
% of Gross Profit	1.83%	2.37%
Operating Expenses	$179.0M	$169.3M
YoY Change	9.31%	2.75%
Operating Profit	$106.3M	$49.71M
YoY Change	32.24%	172.99%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net	$4.324M	$3.800M
YoY Change	279.63%	-76100.0%
Pretax Income	$110.6M	$53.51M
YoY Change	35.69%	193.94%
Income Tax	$25.30M	$15.39M
% Of Pretax Income	22.87%	28.76%
Net Earnings	$85.31M	$38.12M
YoY Change	48.07%	144.33%
Net Earnings / Revenue	21.26%	11.68%
Basic Earnings Per Share	$1.51	$0.68
Diluted Earnings Per Share	$1.50	$0.67
COMMON SHARES
Basic Shares Outstanding	56.33M shares	56.18M shares
Diluted Shares Outstanding	57.05M shares	56.86M shares

Balance Sheet

Concept	2024 Q1	2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$492.7M	$366.9M
YoY Change	110.83%	205.62%
Cash & Equivalents	$492.7M	$366.9M
Short-Term Investments
Other Short-Term Assets	$3.628B	$3.320B
YoY Change	12.27%	7.25%
Inventory
Prepaid Expenses
Receivables	$33.71M	$32.48M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$4.247B	$3.807B
YoY Change	19.08%	15.04%
LONG-TERM ASSETS
Property, Plant & Equipment	$60.77M	$63.15M
YoY Change	1.18%	6.12%
Goodwill	$108.5M	$109.6M
YoY Change	6.34%	7.35%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$26.56M	$22.21M
YoY Change	8.25%	-53.0%
Total Long-Term Assets	$706.5M	$686.0M
YoY Change	12.59%	9.11%
TOTAL ASSETS
Total Short-Term Assets	$4.247B	$3.807B
Total Long-Term Assets	$706.5M	$686.0M
Total Assets	$4.953B	$4.493B
YoY Change	18.11%	14.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$5.181M	$7.973M
YoY Change	-34.98%	4.76%
Accrued Expenses	$170.6M	$147.1M
YoY Change	18.22%	27.05%
Deferred Revenue	$27.54M	$30.31M
YoY Change	17.33%	28.75%
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$3.765B	$3.423B
YoY Change	12.24%	7.33%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$6.008M	$4.177M
YoY Change	56.87%	25.32%
Total Long-Term Liabilities	$6.008M	$4.177M
YoY Change	56.87%	25.32%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.765B	$3.423B
Total Long-Term Liabilities	$6.008M	$4.177M
Total Liabilities	$3.854B	$3.506B
YoY Change	12.52%	7.54%
SHAREHOLDERS EQUITY
Retained Earnings	$624.6M	$539.3M
YoY Change	45.46%	45.05%
Common Stock	$56.00K	$56.00K
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.099B	$986.8M
YoY Change
Total Liabilities & Shareholders Equity	$4.953B	$4.493B
YoY Change	18.11%	14.09%

Cashflow Statement

Concept	2024 Q1	2023 Q4
OPERATING ACTIVITIES
Net Income	$85.31M	$38.12M
YoY Change	48.07%	144.33%
Depreciation, Depletion And Amortization	$5.220M	$5.179M
YoY Change	12.67%	13.1%
Cash From Operating Activities	$167.5M	$75.11M
YoY Change	31.55%	20.43%
INVESTING ACTIVITIES
Capital Expenditures	$20.58M	$18.03M
YoY Change	57.17%	-238.62%
Acquisitions
YoY Change
Other Investing Activities	$6.354M	-$34.76M
YoY Change	-104.14%	17.04%
Cash From Investing Activities	-$14.22M	-$52.79M
YoY Change	-91.46%	23.61%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	297.6M	752.3M
YoY Change	125.62%	-2.22%
NET CHANGE
Cash From Operating Activities	167.5M	75.11M
Cash From Investing Activities	-14.22M	-52.79M
Cash From Financing Activities	297.6M	752.3M
Net Change In Cash	450.9M	774.6M
YoY Change	386.51%	-1.83%
FREE CASH FLOW
Cash From Operating Activities	$167.5M	$75.11M
Capital Expenditures	$20.58M	$18.03M
Free Cash Flow	$147.0M	$57.09M
YoY Change	28.61%	-24.26%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q4	pcty	Capitalized Contract Cost Additions CapitalizedContractCostAdditions	38381000	usd
CY2023Q4	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	-21627000	usd
CY2023Q4	us-gaap	Capitalized Contract Cost Net CapitalizedContractCostNet	404980000	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
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	366904000	usd
CY2023Q4	pcty	Funds Held For Clients Cash And Cash Equivalents At Carrying Value FundsHeldForClientsCashAndCashEquivalentsAtCarryingValue	2759349000	usd
CY2023Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	55912000	shares
CY2023Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	55912000	shares
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
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	892639000	usd
CY2023Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	48120000	usd
CY2023Q4	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	261000	usd
CY2023Q4	pcty	Stock Issued During Period Value Equity Award Vesting StockIssuedDuringPeriodValueEquityAwardVesting	0	usd
CY2023Q4	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	9534000	usd
CY2023Q4	pcty	Net Settlement For Taxes Andor Exercise Price Related To Equity Awards NetSettlementForTaxesAndorExercisePriceRelatedToEquityAwards	6826000	usd
CY2023Q4	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	4929000	usd
CY2023Q4	us-gaap	Net Income Loss NetIncomeLoss	38116000	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 Equity Award Vesting StockIssuedDuringPeriodValueEquityAwardVesting	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
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	842863000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	92084000	usd
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	484000	usd
	pcty	Stock Issued During Period Value Equity Award Vesting StockIssuedDuringPeriodValueEquityAwardVesting	0	usd
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	9534000	usd
	pcty	Net Settlement For Taxes Andor Exercise Price Related To Equity Awards NetSettlementForTaxesAndorExercisePriceRelatedToEquityAwards	35874000	usd
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	5049000	usd
	us-gaap	Net Income Loss NetIncomeLoss	72633000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	986773000	usd
	us-gaap	Profit Loss ProfitLoss	45952000	usd
	us-gaap	Profit Loss ProfitLoss	72633000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	83364000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	82213000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	29094000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	35501000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-20856000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	15225000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	602000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	463000	usd
	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	2039000	usd
	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	2683000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-1410000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	3870000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	9377000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	7052000	usd
	pcty	Increase Decrease In Capitalized Contract Cost IncreaseDecreaseInCapitalizedContractCost	40638000	usd
	pcty	Increase Decrease In Capitalized Contract Cost IncreaseDecreaseInCapitalizedContractCost	30743000	usd
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-616000	usd
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	11328000	usd
	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	-392000	usd
	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	1131000	usd
	pcty	Increase Decrease In Accrued Liabilities And Other Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherLiabilities	-8979000	usd
	pcty	Increase Decrease In Accrued Liabilities And Other Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherLiabilities	-14278000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	78757000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	137212000	usd
	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	296060000	usd
	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	164815000	usd
	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	190253000	usd
	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	150851000	usd
	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	19740000	usd
	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	29483000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	6663000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	6142000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	12015000	usd
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-29000	usd
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	583000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-132181000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-62187000	usd
	pcty	Increase Decrease In Client Funds Obligation IncreaseDecreaseInClientFundsObligation	922079000	usd
	pcty	Increase Decrease In Client Funds Obligation IncreaseDecreaseInClientFundsObligation	-642416000	usd
	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans	8450000	usd
	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans	9534000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	79369000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	35390000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-864000	usd
CY2023Q4	pcty	Investments Accumulated Gross Unrealized Loss Before Tax InvestmentsAccumulatedGrossUnrealizedLossBeforeTax	2477000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	13356000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-993862000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	629916000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1047286000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	704941000	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
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2746167000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3126253000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	0	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	3422000	usd
	us-gaap	Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1 NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1	117000	usd
	us-gaap	Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1 NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1	382000	usd
	us-gaap	Interest Paid Net InterestPaidNet	157000	usd
	us-gaap	Interest Paid Net InterestPaidNet	247000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-158000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	25561000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	120053000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	366904000	usd
CY2022Q4	pcty	Funds Held For Clients Cash And Cash Equivalents At Carrying Value FundsHeldForClientsCashAndCashEquivalentsAtCarryingValue	2626114000	usd
CY2023Q4	pcty	Funds Held For Clients Cash And Cash Equivalents At Carrying Value FundsHeldForClientsCashAndCashEquivalentsAtCarryingValue	2759349000	usd
CY2022Q4	pcty	Cash Cash Equivalents And Funds Held For Clients Cash And Cash Equivalent CashCashEquivalentsAndFundsHeldForClientsCashAndCashEquivalent	2746167000	usd
CY2023Q4	pcty	Cash Cash Equivalents And Funds Held For Clients Cash And Cash Equivalent CashCashEquivalentsAndFundsHeldForClientsCashAndCashEquivalent	3126253000	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.
CY2022Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	12233000	usd
CY2023Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	22617000	usd
CY2022Q4	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	12002000	usd
CY2023Q4	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	11588000	usd
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	20234000	usd
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	22232000	usd
CY2022Q4	pcty	Total Revenue Recognized From Both The Beginning Balance And Current Period Increase In Contract Liability TotalRevenueRecognizedFromBothTheBeginningBalanceAndCurrentPeriodIncreaseInContractLiability	6460000	usd
	pcty	Period Of Term Arrangement PeriodOfTermArrangement	P2Y
CY2022Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	256434000	usd
CY2023Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	298416000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	501840000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	590101000	usd
CY2022Q3	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	14195000	usd
CY2023Q3	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	24140000	usd
CY2023Q4	pcty	Total Revenue Recognized From Both The Beginning Balance And Current Period Increase In Contract Liability TotalRevenueRecognizedFromBothTheBeginningBalanceAndCurrentPeriodIncreaseInContractLiability	9483000	usd
	pcty	Total Revenue Recognized From Both The Beginning Balance And Current Period Increase In Contract Liability TotalRevenueRecognizedFromBothTheBeginningBalanceAndCurrentPeriodIncreaseInContractLiability	12730000	usd
	pcty	Total Revenue Recognized From Both The Beginning Balance And Current Period Increase In Contract Liability TotalRevenueRecognizedFromBothTheBeginningBalanceAndCurrentPeriodIncreaseInContractLiability	18604000	usd
CY2022Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	19737000	usd
CY2023Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	26245000	usd
CY2022Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	19737000	usd
CY2023Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	26245000	usd
CY2023Q4	us-gaap	Capitalized Contract Cost Amortization Period CapitalizedContractCostAmortizationPeriod	P7Y
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
CY2023Q3	us-gaap	Capitalized Contract Cost Net CapitalizedContractCostNet	388226000	usd
CY2023Q2	us-gaap	Capitalized Contract Cost Net CapitalizedContractCostNet	372331000	usd
	pcty	Capitalized Contract Cost Additions CapitalizedContractCostAdditions	74596000	usd
	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	-41947000	usd
CY2023Q4	us-gaap	Capitalized Contract Cost Net CapitalizedContractCostNet	404980000	usd
CY2023Q4	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	70999000	usd
CY2023Q4	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P24M
CY2023Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	1620000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	463000	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	314000	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	1769000	usd
CY2023Q2	us-gaap	Capitalized Computer Software Gross CapitalizedComputerSoftwareGross	248738000	usd
CY2023Q4	us-gaap	Capitalized Computer Software Gross CapitalizedComputerSoftwareGross	286103000	usd
CY2023Q2	us-gaap	Capitalized Computer Software Accumulated Amortization CapitalizedComputerSoftwareAccumulatedAmortization	162611000	usd
CY2023Q4	us-gaap	Capitalized Computer Software Accumulated Amortization CapitalizedComputerSoftwareAccumulatedAmortization	182822000	usd
CY2023Q2	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	86127000	usd
CY2023Q4	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	103281000	usd
CY2023Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	141955000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	148110000	usd
CY2023Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	77886000	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	84960000	usd
CY2023Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	64069000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	63150000	usd
CY2022Q4	us-gaap	Depreciation Depreciation	4579000	usd
CY2023Q4	us-gaap	Depreciation Depreciation	5179000	usd
	us-gaap	Depreciation Depreciation	9033000	usd
	us-gaap	Depreciation Depreciation	10229000	usd
CY2023Q2	us-gaap	Goodwill Goodwill	102054000	usd
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	7504000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	109558000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	68569000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	71569000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	34042000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	39103000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	34527000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	32466000	usd
CY2022Q4	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2770000	usd
CY2023Q4	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2525000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	5541000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	5061000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	5182000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	9488000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	7869000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	5493000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	3629000	usd
CY2023Q4	pcty	Finite Lived Intangible Asset Expected Amortization After Year Four FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour	805000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	32466000	usd
CY2023Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	85019000	usd
CY2023Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	66520000	usd
CY2023Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	7800000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	8197000	usd
CY2023Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	24539000	usd
CY2023Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	30306000	usd
CY2023Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	25929000	usd
CY2023Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	42098000	usd
CY2023Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	143287000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	147121000	usd
CY2023Q2	pcty	Cash And Cash Equivalents Amortized Cost CashAndCashEquivalentsAmortizedCost	288767000	usd
CY2023Q2	pcty	Cash And Cash Equivalents Accumulated Gross Unrealized Gain Before Tax CashAndCashEquivalentsAccumulatedGrossUnrealizedGainBeforeTax	0	usd
CY2023Q2	pcty	Cash And Cash Equivalents Accumulated Gross Unrealized Loss Before Tax CashAndCashEquivalentsAccumulatedGrossUnrealizedLossBeforeTax	0	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 Gain Before Tax FundsHeldForClientsCashAndCashEquivalentsAccumulatedGrossUnrealizedGainBeforeTax	0	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 At Carrying Value FundsHeldForClientsCashAndCashEquivalentsAtCarryingValue	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
CY2023Q4	pcty	Cash And Cash Equivalents Amortized Cost CashAndCashEquivalentsAmortizedCost	366904000	usd
CY2023Q4	pcty	Cash And Cash Equivalents Accumulated Gross Unrealized Gain Before Tax CashAndCashEquivalentsAccumulatedGrossUnrealizedGainBeforeTax	0	usd
CY2023Q4	pcty	Cash And Cash Equivalents Accumulated Gross Unrealized Loss Before Tax CashAndCashEquivalentsAccumulatedGrossUnrealizedLossBeforeTax	0	usd
CY2023Q4	pcty	Funds Held For Clients Cash And Cash Equivalents Amortized Cost FundsHeldForClientsCashAndCashEquivalentsAmortizedCost	2759349000	usd
CY2023Q4	pcty	Funds Held For Clients Cash And Cash Equivalents Accumulated Gross Unrealized Gain Before Tax FundsHeldForClientsCashAndCashEquivalentsAccumulatedGrossUnrealizedGainBeforeTax	0	usd
CY2023Q4	pcty	Funds Held For Clients Cash And Cash Equivalents Accumulated Gross Unrealized Loss Before Tax FundsHeldForClientsCashAndCashEquivalentsAccumulatedGrossUnrealizedLossBeforeTax	0	usd
CY2023Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	511388000	usd
CY2023Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	3476000	usd
CY2023Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	2477000	usd
CY2023Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	512387000	usd
CY2023Q4	pcty	Investments Amortized Cost InvestmentsAmortizedCost	3637641000	usd
CY2023Q4	pcty	Investments Accumulated Gross Unrealized Gain Before Tax InvestmentsAccumulatedGrossUnrealizedGainBeforeTax	3476000	usd
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	288767000	usd
CY2023Q2	pcty	Funds Held For Clients Cash And Cash Equivalents At Carrying Value FundsHeldForClientsCashAndCashEquivalentsAtCarryingValue	2132545000	usd
CY2023Q2	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	488870000	usd
CY2023Q2	us-gaap	Investments Investments	2910182000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	366904000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	366904000	usd
CY2023Q2	us-gaap	Funds Held For Clients FundsHeldForClients	2621415000	usd
CY2023Q4	us-gaap	Funds Held For Clients FundsHeldForClients	3271736000	usd
CY2023Q2	us-gaap	Investments Investments	2910182000	usd
CY2023Q4	us-gaap	Investments Investments	3638640000	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
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	268000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	165436000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	2209000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	121001000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	2477000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	286437000	usd
	pcty	Credit Impairment Loss CreditImpairmentLoss	0	usd
CY2022Q4	pcty	Credit Impairment Loss CreditImpairmentLoss	0	usd
CY2023Q4	pcty	Credit Impairment Loss CreditImpairmentLoss	0	usd
	pcty	Credit Impairment Loss CreditImpairmentLoss	0	usd
CY2023Q4	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
	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
CY2023Q4	us-gaap	Available For Sale Securities Debt Maturities Remainder Of Fiscal Year Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesRemainderOfFiscalYearAmortizedCostBasis	214684000	usd
CY2023Q4	us-gaap	Available For Sale Securities Debt Maturities Remainder Of Fiscal Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesRemainderOfFiscalYearFairValue	213663000	usd
CY2023Q4	us-gaap	Available For Sale Securities Debt Maturities Within One Year Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost	152062000	usd
CY2023Q4	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	151098000	usd
CY2023Q4	pcty	Available For Sale Securities Debt Maturities Two Years To Three Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesTwoYearsToThreeYearsAmortizedCost	85613000	usd
CY2023Q4	pcty	Available For Sale Securities Debt Maturities Two Years To Three Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesTwoYearsToThreeYearsFairValue	86714000	usd
CY2023Q4	pcty	Debt Securities Available For Sale Amortized Cost Maturity Allocated And Single Maturity Date After Year Three Through Five DebtSecuritiesAvailableForSaleAmortizedCostMaturityAllocatedAndSingleMaturityDateAfterYearThreeThroughFive	59029000	usd
CY2023Q4	pcty	Debt Securities Available For Sale Fair Value Maturity Allocated And Single Maturity Date After Year Three Through Five DebtSecuritiesAvailableForSaleFairValueMaturityAllocatedAndSingleMaturityDateAfterYearThreeThroughFive	60912000	usd
CY2023Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	511388000	usd
CY2023Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	512387000	usd
CY2023Q4	pcty	Funds Held For Clients Cash And Cash Equivalents At Carrying Value FundsHeldForClientsCashAndCashEquivalentsAtCarryingValue	2759349000	usd
CY2023Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	512387000	usd
CY2023Q4	us-gaap	Investments Investments	3638640000	usd
CY2022Q4	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	43551000	usd
CY2023Q4	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	43208000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	83364000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	82213000	usd
CY2022Q4	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	3154000	usd
CY2023Q4	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	3916000	usd
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	6096000	usd
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	7965000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	72633000	usd
CY2022Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	55721000	shares
CY2023Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	56244000	shares
CY2023Q4	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions	198250000	usd
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P1Y10M24D
CY2022Q4	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.143
CY2023Q4	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.288
CY2022Q4	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2023Q4	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	-0.829
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.258
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2022Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	15600000	usd
CY2023Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	38116000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	45952000	usd
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	55587000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	56140000	shares
CY2022Q4	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	753000	shares
CY2023Q4	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	611000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	972000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	766000	shares
CY2022Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	56474000	shares
CY2023Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	56855000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	56559000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	56906000	shares
CY2022Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.28
CY2023Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.68
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.83
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.29
CY2022Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.28
CY2023Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.67
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.81
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.28
CY2022Q4	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	673000	shares
CY2023Q4	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	39000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	661000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	32000	shares

Files In Submission

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0001591698-24-000014-index.html	Edgar Link	pending
0001591698-24-000014.txt	Edgar Link	pending
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report.css	Edgar Link	pending
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FilingSummary.xml	Edgar Link	unprocessable

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$PCTY
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2024 Q1 Form 10-Q Financial Statement

#000159169824000014 Filed on February 09, 2024

Income Statement

Balance Sheet

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Facts In Submission

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$PCTY Paylocity Holding Corp Stock $pcty

2024 Q1 Form 10-Q Financial Statement

#000159169824000014 Filed on February 09, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PCTY
Paylocity Holding Corp Stock $pcty