XML 64 R14.htm IDEA: XBRL DOCUMENT v3.19.3
Note 5. Revenue (Notes)
3 Months Ended
Sep. 30, 2019
Revenue Recognition [Abstract]  
Revenue from Contract with Customer [Text Block]
Revenue
Disaggregation of Revenue
The following table provides information about revenue by vertical market:
 
 
Three Months Ended
 
 
September 30
(Amounts in Millions)
 
2019

2018
Commercial
 
$
55.3

 
$
56.6

Education
 
34.7

 
34.6

Finance
 
17.2

 
18.2

Government
 
18.6

 
17.1

Healthcare
 
28.9

 
24.4

Hospitality
 
46.8

 
43.2

Total Net Sales
 
$
201.5

 
$
194.1


We report revenue under a single aggregated reportable segment consisting of three operating segments which have similar products and services in nature, utilize similar production and distribution processes, and share similar long-term economic characteristics.
Contract Balances
Receivables in the Condensed Consolidated Balance Sheets represent the amount of consideration to which we are entitled in exchange for the goods or services sold to our customers, net of allowances for doubtful accounts. Receivables are recorded when the right to consideration from the customer becomes unconditional, which is generally upon billing or upon satisfaction of a performance obligation, whichever is earlier.
We also receive deposits from certain customers before revenue is recognized, resulting in the recognition of a contract liability reported as Customer Deposits in the Condensed Consolidated Balance Sheets. Customer deposits are typically utilized within a year of the receipt of the deposit. The amount of revenue recognized during the three months ended September 30, 2019 that was included in the June 30, 2019 customer deposit balance was $20.9 million.