Reportable Segment Information (Text Block)

3 Months Ended

Sep. 30, 2020

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 on-premise installations or outsourced services) for banks and credit unions.

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 transaction processing services, online and mobile bill pay solutions, Automated Clearing House ("ACH") origination and remote deposit capture processing, 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. Only revenue and costs of revenue are considered in the evaluation for each segment.

	Three Months Ended
	September 30, 2020
	Core		Payments		Complementary		Corporate & Other		Total
REVENUE
Services and Support	$	150,461	$	16,304	$	102,675	$	11,557	$	280,997
Processing	8,569		140,429		21,805		—		170,803
Total Revenue	159,030		156,733		124,480		11,557		451,800
Cost of Revenue	67,589		86,328		48,325		60,687		262,929
Research and Development									26,057
Selling, General, and Administrative									45,226
Total Expenses									334,212
SEGMENT INCOME	$	91,441	$	70,405	$	76,155	$	(49,130)
OPERATING INCOME									117,588
INTEREST INCOME (EXPENSE)									(49)
INCOME BEFORE INCOME TAXES									$	117,539

	Three Months Ended
	September 30, 2019
	Core		Payments		Complementary		Corporate & Other		Total
REVENUE
Services and Support	$	148,090	$	17,308	$	98,451	$	14,959	$	278,808
Processing	7,806		132,438		18,744		209		159,197
Total Revenue	155,896		149,746		117,195		15,168		438,005
Cost of Revenue	63,306		76,624		46,674		59,187		245,791
Research and Development									24,591
Selling, General, and Administrative									49,436
Total Expenses									319,818
SEGMENT INCOME	$	92,590	$	73,122	$	70,521	$	(44,019)
OPERATING INCOME									118,187
INTEREST INCOME (EXPENSE)									352
INCOME BEFORE INCOME TAXES									$	118,539

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.