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Segment Information
 6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block] Segment Information

The Company's accounting policies derive segment results that are the same as those the Chief Operating Decision Maker (CODM) regularly reviews and uses to make decisions, allocate resources and assess performance. The Company continually considers its operating structure and the information subject to regular review by its Chief Executive Officer, who is the CODM, to identify reportable operating segments. The Company’s operating structure is based on a number of factors that management uses to evaluate, view and run its business operations, which currently includes, but is not limited to, product, service and solution. The Company's reportable operating segments are based on the following solutions: Eurasia Banking, Americas Banking and Retail.

Segment revenue represents revenues from sales to external customers. Segment operating profit is defined as revenues less expenses identifiable to those segments. The Company does not allocate to its segments certain operating expenses, managed at the corporate level; that are not routinely used in the management of the segments; or information that is impractical to allocate. These unallocated costs include certain corporate costs, amortization of acquired intangible assets and deferred revenue, restructuring charges, impairment charges, legal, indemnification and professional fees related to acquisition and divestiture expenses, along with other income (expenses). Segment operating profit reconciles to consolidated income (loss) before income
taxes by deducting corporate costs and other income or expense items that are not attributed to the segments. Corporate charges not allocated to segments include headquarter-based costs associated with procurement, human resources, compensation and benefits, finance and accounting, global development/engineering, global strategy/mergers and acquisitions, global IT, tax, treasury and legal. Assets are not allocated to segments, and thus are not included in the assessment of segment performance, and consequently, we do not disclose total assets and depreciation and amortization expense by reportable operating segment.

The following tables represent information regarding the Company’s segment information and provides a reconciliation between segment operating profit and the consolidated income (loss) before income taxes:
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
 
June 30,
 
 
2019
 
2018
 
2019
 
2018
Net sales summary by segment
 
 
 
 
 
 
 
 
Eurasia Banking
 
$
430.2

 
$
437.5

 
$
812.8

 
$
872.6

Americas Banking
 
419.9

 
370.6

 
782.6

 
704.3

Retail
 
300.1

 
297.5

 
582.9

 
592.9

Total revenue
 
$
1,150.2

 
$
1,105.6

 
$
2,178.3

 
$
2,169.8

 
 
 
 
 
 
 
 
 
Intersegment revenue
 
 
 
 
 
 
 
 
Eurasia Banking
 
$
46.8

 
$
31.8

 
$
102.0

 
$
62.8

Americas Banking
 
5.5

 
3.5

 
7.7

 
9.0

Total intersegment revenue
 
$
52.3

 
$
35.3

 
$
109.7

 
$
71.8

 
 
 
 
 
 
 
 
 
Segment operating profit
 
 
 
 
 
 
 
 
Eurasia Banking
 
$
38.8

 
$
18.2

 
$
72.5

 
$
37.7

Americas Banking
 
32.5

 
(3.3
)
 
51.0

 
1.7

Retail
 
15.6

 
5.5

 
23.7

 
15.7

Total segment operating profit
 
86.9

 
20.4

 
147.2

 
55.1

 
 
 
 
 
 
 
 
 
Corporate charges not allocated to segments (1)
 
(12.9
)
 
(15.1
)
 
(46.1
)
 
(32.2
)
Restructuring and DN Now transformation expenses
 
(25.4
)
 
(2.2
)
 
(40.5
)
 
(6.1
)
Net non-routine expense
 
(41.3
)
 
(129.7
)
 
(77.8
)
 
(166.9
)
 
 
(79.6
)
 
(147.0
)
 
(164.4
)
 
(205.2
)
Operating profit (loss)
 
7.3

 
(126.6
)
 
(17.2
)
 
(150.1
)
Other income (expense)
 
(53.2
)
 
(32.3
)
 
(99.8
)
 
(56.3
)
Loss before taxes
 
$
(45.9
)
 
$
(158.9
)
 
$
(117.0
)
 
$
(206.4
)
(1) 
Corporate charges not allocated to segments include headquarter-based costs associated with procurement, human resources, compensation and benefits, finance and accounting, global development/engineering, global strategy/mergers and acquisitions, global IT, tax, treasury and legal.

Net non-routine expense consists of items that the Company has determined are non-routine in nature and not allocated to the reportable operating segments. Net non-routine expense of $41.3 and $77.8 for the three and six months ended June 30, 2019, respectively, primarily consisted of purchase accounting pre-tax charges for amortization of acquired intangibles of $24.4 and $49.0, respectively, and the loss (gain) on sale of assets, net. Net non-routine expense of $129.7 and $166.9 for the three and six months ended June 30, 2018, respectively, was primarily due to acquisition integration expenses of $14.5 and $29.7, respectively, primarily within selling and administrative expense, and purchase accounting pre-tax charges for amortization of acquired intangibles of $29.4 and $60.6, respectively.

The following table presents information regarding the Company’s segment net sales by service and product solution:

 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
 
June 30,
 
 
2019
 
2018
 
2019
 
2018
Segments
 
 
 
 
 
 
 
 
Eurasia Banking
 
 
 
 
 
 
 
 
Services
 
$
251.2

 
$
275.5

 
$
498.2

 
$
554.7

Products
 
179.0

 
162.0

 
314.6

 
317.9

Total Eurasia Banking
 
430.2

 
437.5

 
812.8

 
872.6

 
 
 
 
 
 
 
 
 
Americas Banking
 
 
 
 
 
 
 
 
Services
 
252.6

 
258.7

 
493.4

 
509.8

Products
 
167.3

 
111.9

 
289.2

 
194.5

Total Americas Banking
 
419.9

 
370.6

 
782.6

 
704.3

 
 
 
 
 
 
 
 
 
Retail
 
 
 
 
 
 
 
 
Services
 
155.5

 
158.4

 
296.4

 
318.4

Products
 
144.6

 
139.1

 
286.5

 
274.5

Total Retail
 
300.1

 
297.5

 
582.9

 
592.9

 
 
 
 
 
 
 
 
 
Total net sales
 
$
1,150.2

 
$
1,105.6

 
$
2,178.3

 
$
2,169.8



In the following table, revenue is disaggregated by timing of revenue recognition at June 30:
Timing of revenue recognition
 
2019
 
2018
Products transferred at a point in time
 
41
%
 
36
%
Products and services transferred over time
 
59
%
 
64
%
Net sales
 
100
%
 
100
%