Segment Information (Tables)

9 Months Ended

Mar. 31, 2021

The following table presents a summary of our reportable segments’ profits:


	Subscription and Software		Services and Other		Total
	(Dollars in Thousands)
Three Months Ended March 31, 2021
Segment revenue	$	155,989	$	6,737	$	162,726
Segment expenses (1)	(63,878)		(8,396)		(72,274)
Segment profit (loss)	$	92,111	$	(1,659)	$	90,452

Three Months Ended March 31, 2020
Segment revenue	$	122,355	$	8,233	$	130,588
Segment expenses (1)	(58,589)		(9,046)		(67,635)
Segment profit (loss)	$	63,766	$	(813)	$	62,953

Nine Months Ended March 31, 2021
Segment revenue	$	491,694	$	19,721	$	511,415
Segment expenses (1)	(173,593)		(24,911)		(198,504)
Segment profit (loss)	$	318,101	$	(5,190)	$	312,911

Nine Months Ended March 31, 2020
Segment revenue	$	370,729	$	26,048	$	396,777
Segment expenses (1)	(174,629)		(26,560)		(201,189)
Segment profit (loss)	$	196,100	$	(512)	$	195,588

(1) Our reportable segments’ operating expenses include expenses directly attributable to the segments. Segment expenses include selling and marketing and research and development expenses. Segment expenses do not include allocations of general and administrative expense; interest income; interest expense; and other (expense) income, net.

Schedule of reconciliation of total segment operating profit to income before income taxes

The following table presents a reconciliation of total segment profit to income before income taxes for the three and nine months ended March 31, 2021 and 2020:


	Three Months Ended March 31,				Nine Months Ended March 31,
	2021		2020		2021		2020
	(Dollars in Thousands)

Total segment profit for reportable segments	$	90,452	$	62,953	$	312,911	$	195,588
General and administrative expense	(21,553)		(18,219)		(60,389)		(54,525)
Interest income	8,410		8,173		26,383		24,577
Interest (expense)	(1,495)		(3,207)		(5,639)		(9,368)
Other (expense), net	(5)		(352)		(1,807)		(217)
Income before income taxes	$	75,809	$	49,348	$	271,459	$	156,055