H&R BLOCK INC | 2013 | FY | 4


Changes in the related balance of deferred revenue are as follows:
(in 000s)
 
Year ended April 30,
 
2013

 
2012

Balance, beginning of the year
 
$
141,080

 
$
140,603

Amounts deferred for new guarantees issued
 
76,561

 
76,080

Revenue recognized on previous deferrals
 
(71,355
)
 
(75,603
)
Balance, end of the year
 
$
146,286

 
$
141,080


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