Reportable Segment Information (Text Block)

3 Months Ended

Sep. 30, 2017

Segment Reporting [Abstract]

Reportable Segment Information Disclosure [Text Block]

REPORTABLE SEGMENT INFORMATION

The Company is a provider of integrated computer systems that perform data processing (available for in-house installations or outsourced services) for banks and credit unions. Beginning in the first quarter of fiscal 2018, JHA changed its reportable segment structure from two customer-centric segments, Bank and Credit Union, to four product-centric segments. The change was made based on the view of our Chief Executive Officer, who is also our Chief Operating Decision Maker, that the Company could be more effectively managed using a product-centric approach and was driven by the first budgetary process under his administration. He requested changes in reports he regularly reviews for the purposes of allocating resources and assessing performance.

The Company’s operations are classified into four reportable segments: Core, Payments, Complementary, and Corporate & Other. The Core segment provides core information processing platforms to banks and credit unions, which consist of integrated applications required to process deposit, loan, and general ledger transactions, and maintain centralized customer/ member information. The Payments segment provides secure payment processing tools and services, including: ATM, debit, and credit card processing services; online and mobile bill pay solutions; and risk management products and services. The Complementary segment provides additional software and services that can be integrated with our Core solutions or used independently. The Corporate & Other segment includes hardware revenue and costs, as well as operating costs not directly attributable to the other three segments.

The Company evaluates the performance of its segments and allocates resources to them based on various factors, including performance against trend, budget, and forecast.

The prior period presented has been retroactively restated to conform to the new segment structure.

	Three Months Ended
	September 30, 2017
	Core		Payments		Complementary		Corporate & Other			Total
REVENUE
Services and Support	$	122,068	$	9,087	$	79,068	$	14,072		$	224,295
Processing	6,864		114,067		14,704		4			135,639
Total Revenue	128,932		123,154		93,772		14,076			359,934
Cost of Revenue	56,262		57,266		40,477		50,710			204,715
Research and Development										20,929
Selling, General, and Administrative										43,733
Gain on Disposal of Businesses										(1,705		)
Total Expenses										267,672
SEGMENT INCOME	$	72,670	$	65,888	$	53,295	$	(36,634	)
OPERATING INCOME										92,262
INTEREST INCOME (EXPENSE)										(42		)
INCOME BEFORE INCOME TAXES										$	92,220

	Three Months Ended
	September 30, 2016
	Core		Payments		Complementary		Corporate & Other			Total
REVENUE
Services and Support	$	110,795	$	13,593	$	78,277	$	14,825		$	217,490
Processing	6,112		108,737		12,652		37			127,538
Total Revenue	116,907		122,330		90,929		14,862			345,028
Cost of Revenue	52,750		56,020		38,826		47,167			194,763
Research and Development										19,739
Selling, General, and Administrative										39,109
Gain on Disposal of Businesses										—
Total Expenses										253,611
SEGMENT INCOME	$	64,157	$	66,310	$	52,103	$	(32,305	)
OPERATING INCOME										91,417
INTEREST INCOME (EXPENSE)										(34		)
INCOME BEFORE INCOME TAXES										$	91,383

The Company has not disclosed any additional asset information by segment, as the information is not generated for internal management reporting to the Chief Operating Decision Maker.