17. Operating segments

The Company discloses segment information as reflected in the management information systems reports that its chief operating decision maker uses in making decisions and to report certain entity-wide disclosures about products and services, major customers, and the countries in which the entity holds material assets or reports material revenues. A description of the Company's operating segments is contained in Note 22 to the Company's audited consolidated financial statements included in its Annual Report on Form 10-K for the year ended June 30, 2018.

The reconciliation of the reportable segment's revenue to revenue from external customers for the three months ended September 30, 2018 and 2017, is as follows:


	Revenue
						From
		Reportable		Inter-		external
		Segment		segment		customers
South African transaction processing	$	37,749	$	3,286	$	34,463
International transaction processing		39,387		-		39,387
Financial inclusion and applied technologies		53,206		1,172		52,034
Total for the three months ended September 30, 2018	$	130,342	$	4,458	$	125,884

South African transaction processing	$	66,437	$	6,145	$	60,292
International transaction processing		46,022		-		46,022
Financial inclusion and applied technologies		54,313		8,069		46,244
Total for the three months ended September 30, 2017	$	166,772	$	14,214	$	152,558

The Company does not allocate interest income, interest expense or income tax expense to its reportable segments. The Company evaluates segment performance based on segment operating income before acquisition-related intangible asset amortization which represents operating income before acquisition-related intangible asset amortization and allocation of expenses allocated to Corporate/Eliminations, all under GAAP.

The reconciliation of the reportable segments measure of profit or loss to income before income taxes for the three months ended September 30, 2018 and 2017, is as follows:


		Three months ended
		September 30,
		2018			2017
Reportable segments measure of profit or loss	$	10,551		$	31,568
Operating (loss): Corporate/Eliminations		(9,655	)		(6,562	)
Interest income		1,876			5,044
Interest expense		(2,759	)		(2,121	)
Income before income taxes	$	13		$	27,929

The following tables summarize segment information that is prepared in accordance with GAAP for the three months ended September 30, 2018 and 2017:


		Three months ended
		September 30,
		2018			2017
Revenues
South African transaction processing	$	37,749		$	66,437
International transaction processing		39,387			46,022
Financial inclusion and applied technologies		53,206			54,313
Total		130,342			166,772
Operating (loss) income
South African transaction processing		(3,513	)		12,332
International transaction processing		2,762			5,316
Financial inclusion and applied technologies		11,302			13,920
Subtotal: Operating segments		10,551			31,568
Corporate/Eliminations		(9,655	)		(6,562	)
Total		896			25,006
Depreciation and amortization
South African transaction processing		941			1,153
International transaction processing		3,059			4,632
Financial inclusion and applied technologies		636			355
Subtotal: Operating segments		4,636			6,140
Corporate/Eliminations		6,158			2,826
Total		10,794			8,966
Expenditures for long-lived assets
South African transaction processing		1,286			477
International transaction processing		800			906
Financial inclusion and applied technologies		1,032			90
Subtotal: Operating segments		3,118			1,473
Corporate/Eliminations		-			-
Total	$	3,118		$	1,473

The segment information as reviewed by the chief operating decision maker does not include a measure of segment assets per segment as all of the significant assets are used in the operations of all, rather than any one, of the segments. The Company does not have dedicated assets assigned to a particular operating segment. Accordingly, it is not meaningful to attempt an arbitrary allocation and segment asset allocation is therefore not presented.

It is impractical to disclose revenues from external customers for each product and service or each group of similar products and services.