Operations by Segments and Geographic Areas (Tables)

6 Months Ended

Dec. 31, 2014

Text Block [Abstract]

Schedule of Segment Reporting Information

Segment information for the three and six months ended December 31, 2014, and 2013 according to the segment descriptions above, is as follows:

	Three Months Ended December 31,					Six Months Ended December 31,
	2014		2013			2014		2013
	(in thousands)
Segment revenue:
Payments and Transactional Documents	$	30,899	$	31,426		$	63,453	$	61,969
Hosted Solutions		32,231		25,124			63,027		45,458
Digital Banking		19,095		16,855			37,088		33,227
	$	82,225	$	73,405		$	163,568	$	140,654
Segment measure of profit:
Payments and Transactional Documents	$	8,863	$	9,353		$	18,969	$	19,015
Hosted Solutions		4,536		(50	)		8,376		1,080
Digital Banking		2,723		2,858			3,688		3,678
Total measure of segment profit	$	16,122	$	12,161		$	31,033	$	23,773

Reconciliation of Measure of Segment Profit to GAAP Loss before Income Taxes

A reconciliation of the measure of segment profit to GAAP loss before income taxes is as follows:

	Three Months Ended December 31,						Six Months Ended December 31,
	2014			2013			2014			2013
	(in thousands)
Total measure of segment profit	$	16,122		$	12,161		$	31,033		$	23,773
Less:
Amortization of intangible assets		(7,000	)		(8,174	)		(14,184	)		(13,879	)
Stock-based compensation expense		(6,098	)		(5,535	)		(12,429	)		(10,567	)
Acquisition and integration related expenses		(1,280	)		(903	)		(1,707	)		(2,769	)
Restructuring benefit (expense)		14			10			(272	)		(45	)
Non cash pension expense		(24	)		(151	)		(21	)		(151	)
Other expense, net		(3,587	)		(3,391	)		(7,234	)		(7,431	)
Loss before income taxes	$	(1,853	)	$	(5,983	)	$	(4,814	)	$	(11,069	)

Schedule of Segment Depreciation Expense Included in Segment Measure of Profit

The following depreciation expense amounts are included in the segment measure of profit:

	Three Months Ended December 31,				Six Months Ended December 31,
	2014		2013		2014		2013
	(in thousands)
Depreciation expense:
Payments and Transactional Documents	$	612	$	605	$	1,248	$	1,118
Hosted Solutions		1,258		1,006		2,486		1,831
Digital Banking Solutions		638		495		1,283		989
Total depreciation expense	$	2,508	$	2,106	$	5,017	$	3,938

Schedule of Revenue Based on Point of Sale

We have presented geographic information about our revenues below. This presentation allocates revenue based on the point of sale, not the location of the customer. Accordingly, we derive revenues from geographic locations based on the location of the customer that would vary from the geographic areas listed here; particularly in respect of financial institution customers located in Australia and Canada for which the point of sale was the United States.

	Three Months Ended December 31,				Six Months Ended December 31,
	2014		2013		2014		2013
	(in thousands)
Revenues from unaffiliated customers:
United States	$	48,436	$	43,171	$	94,355	$	84,951
United Kingdom		23,677		24,144		48,657		46,486
Continental Europe		9,340		5,298		18,586		7,705
Asia-Pacific		772		792		1,970		1,512
Total revenues from unaffiliated customers	$	82,225	$	73,405	$	163,568	$	140,654

Schedule of Long-Lived Assets, Excluding Deferred Tax Assets and Intangible Assets, Based on Geographic Designation

Long-lived assets, excluding deferred tax assets and intangible assets, which are based on geographical location, were as follows:

	As of December 31,		As of June 30,
	2014		2014
	(in thousands)
Long-lived assets
United States	$	39,536	$	36,856
United Kingdom		7,012		6,611
Continental Europe		2,531		3,224
Asia-Pacific		206		157
Total long-lived assets	$	49,285	$	46,848