Segment Information (Tables)

6 Months Ended

Dec. 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 December 31, 2021
Segment revenue	$	164,496	$	6,860	$	171,356
Segment expenses (1)	(62,736)		(8,204)		(70,940)
Segment profit (loss)	$	101,760	$	(1,344)	$	100,416

Three Months Ended December 31, 2020
Segment revenue	$	226,988	$	6,730	$	233,718
Segment expenses (1)	(55,113)		(7,949)		(63,062)
Segment profit (loss)	$	171,875	$	(1,219)	$	170,656

Six Months Ended December 31, 2021
Segment revenue	$	293,813	$	13,563	$	307,376
Segment expenses (1)	(126,098)		(16,063)		(142,161)
Segment profit (loss)	$	167,715	$	(2,500)	$	165,215

Six Months Ended December 31, 2020
Segment revenue	$	335,705	$	12,984	$	348,689
Segment expenses (1)	(109,715)		(16,515)		(126,230)
Segment profit (loss)	$	225,990	$	(3,531)	$	222,459

(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 six months ended December 31, 2021 and 2020:


	Three Months Ended December 31,				Six Months Ended December 31,
	2021		2020		2021		2021
	(Dollars in Thousands)
Total segment profit for reportable segments	$	100,416	$	170,656	$	165,215	$	222,459
General and administrative expense	(31,927)		(21,203)		(56,848)		(38,836)
Interest income	8,695		9,304		17,359		17,973
Interest (expense)	(1,518)		(2,049)		(3,054)		(4,144)
Other (expense), net	(1,757)		(333)		(2,629)		(1,802)
Income before income taxes	$	73,909	$	156,375	$	120,043	$	195,650