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Interim Financial Data by Segment
3 Months Ended
Sep. 30, 2013
Segment Reporting [Abstract]  
Interim Financial Data by Segment

NOTE 14. INTERIM FINANCIAL DATA BY SEGMENT

The Company classifies its operations into the following two reportable segments: Investor Communication Solutions and Securities Processing Solutions.

The primary components of “Other” are the elimination of intersegment revenues and profits as well as certain unallocated expenses. Foreign currency exchange is a reconciling item between the actual foreign currency exchange rates and fiscal year 2014 budgeted foreign currency exchange rates.

Certain corporate expenses, as well as certain centrally managed expenses, are allocated based upon budgeted amounts in a reasonable manner. Because the Company compensates the management of its various businesses on, among other factors, segment profit, the Company may elect to record certain segment-related expense items of an unusual or non-recurring nature in Other rather than reflect such items in segment profit.

Segment results:

 

                                                         
     Revenues  
     Three Months Ended
September 30,
 
     2013      2012  
     ($ in millions)  

Investor Communication Solutions

   $ 376.2       $ 339.5   

Securities Processing Solutions

     168.7         153.9   

Foreign currency exchange

     0.3         2.4   
  

 

 

    

 

 

 

Total

   $ 545.2       $ 495.8   
  

 

 

    

 

 

 

 

                                             
     Earnings (Loss) before Income Taxes  
     Three Months Ended
September 30,
 
     2013     2012  
     ($ in millions)  

Investor Communication Solutions

   $ 40.9      $ 27.2   

Securities Processing Solutions

     31.7        9.4   

Other

     (8.0     (11.9

Foreign currency exchange

     4.7        3.9   
  

 

 

   

 

 

 

Total

   $ 69.3      $ 28.6