Interim Financial Data by Segment

6 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Interim Financial Data by Segment

INTERIM FINANCIAL DATA BY SEGMENT

The Company classifies its operations into the following two reportable segments: Investor Communication Solutions and Global Technology and Operations. See Note 1, “Basis of Presentation” for a further description of the Company’s reportable segments.

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 the constant foreign currency exchange rates used for internal management reporting.

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 in Other rather than reflect such items in segment profit.

Segment results:

	Revenues
	Three Months Ended   December 31,						Six Months Ended   December 31,
	2016			2015			2016			2015
	(in millions)
Investor Communication Solutions	$	709.6		$	471.7		$	1,432.9		$	901.4
Global Technology and Operations	201.8			180.3			389.6			357.0
Foreign currency exchange	(18.8		)	(13.0		)	(34.6		)	(24.7		)
Total	$	892.6		$	638.9		$	1,787.9		$	1,233.7

	Earnings (Loss) before Income Taxes
	Three Months Ended   December 31,						Six Months Ended   December 31,
	2016			2015			2016			2015
	(in millions)
Investor Communication Solutions	$	18.2		$	46.1		$	51.1		$	80.0
Global Technology and Operations	46.3			29.4			84.6			59.8
Other	(20.8		)	(15.7		)	(43.6		)	(29.6		)
Foreign currency exchange	2.0			1.5			5.2			2.8
Total	$	45.7		$	61.3		$	97.2		$	113.0