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REVENUE RECOGNITION
 6 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION
NOTE 2: REVENUE RECOGNITION
The majority of our revenues are from our U.S. tax services business. The following table disaggregates our U.S. tax services revenues by major service line, with revenues from our international tax services businesses and from Wave included as separate lines:
(in 000s)
Three months ended December 31,Six months ended December 31,
2021202020212020
Revenues:
U.S. assisted tax preparation$30,845 $34,020 $64,452 $241,187 
U.S. royalties3,404 5,357 10,762 28,009 
U.S. DIY tax preparation9,210 6,114 13,271 53,577 
International27,907 26,637 86,232 85,413 
Refund Transfers777 397 2,442 6,510 
Emerald Card®24,830 9,962 53,088 22,398 
Peace of Mind® Extended Service Plan17,315 18,570 42,151 45,762 
Tax Identity Shield®5,200 4,809 10,353 13,803 
Interest and fee income on Emerald AdvanceSM
12,424 14,039 12,903 14,565 
Wave19,497 14,837 38,634 28,574 
Other7,407 7,223 17,152 19,513 
Total revenues$158,816 $141,965 $351,440 $559,311 
Changes in the balances of deferred revenue and wages for our Peace of Mind® Extended Service Plan (POM) are as follows:
(in 000s)
POMDeferred RevenueDeferred Wages
Six months ended December 31,2021202020212020
Balances as of July 1,$172,759 $167,827 $17,867 $18,707 
Amounts deferred2,961 12,421 10 46 
Amounts recognized on previous deferrals(49,034)(52,974)(4,805)(5,834)
Balances as of December 31,
$126,686 $127,274 $13,072 $12,919 
As of December 31, 2021, deferred revenue related to POM was $126.7 million. We expect that $93.1 million will be recognized over the next twelve months, while the remaining balance will be recognized over the following five years.
As of December 31, 2021 and 2020, Tax Identity Shield® (TIS) deferred revenue was $18.5 million and $17.1 million, respectively. Deferred revenue related to TIS was $28.3 million and $28.8 million as of June 30, 2021 and June 30, 2020, respectively. All deferred revenue related to TIS will be recognized by April 30, 2022