Financial Data by Segment

12 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Financial Data by Segment

FINANCIAL DATA BY SEGMENT

The Company operates in 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 certain gains, losses, corporate overhead expenses and non-operating expenses that have not been allocated to the reportable segments, such as interest expense. 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 operating and non-operating expense items in Other rather than reflect such items in segment profit.

In connection with an organizational change made in the first quarter of fiscal year 2020, in order to further align our portfolio of services, the results for the Company's wealth management Advisor Solutions services that were previously reported in our Investor Communication Solutions reportable segment are now reported within the Global Technology and Operations reportable segment. As a result, our prior period segment results have been revised to reflect this change, which resulted in transferring $42.8 million of revenues and $2.2 million of earnings before income taxes between reportable segments for the year ended June 30, 2019.

	Investor Communication Solutions		Global Technology and Operations		Other		Foreign Currency Exchange		Total
	(in millions)
Year ended June 30, 2021
Revenues	$	3,867.5	$	1,258.1	$	—	$	(131.9)	$	4,993.7
Earnings (loss) before income taxes	605.6		223.3		(153.0)		20.3		696.2
Assets	2,517.6		5,162.3		439.9		—		8,119.8
Capital expenditures	42.3		3.0		6.7		—		51.9
Depreciation and amortization	36.9		12.7		17.8		—		67.4
Amortization of acquired intangibles	86.0		66.2		1.5		—		153.7
Amortization of other assets	39.4		58.0		16.1		—		113.6
Year ended June 30, 2020
Revenues	$	3,491.3	$	1,174.2	$	—	$	(136.4)	$	4,529.0
Earnings (loss) before income taxes	464.1		245.0		(146.3)		16.8		579.5
Assets	2,484.4		1,734.2		671.1		—		4,889.8
Capital expenditures	35.9		5.3		21.6		—		62.7
Depreciation and amortization	42.9		12.0		18.9		—		73.8
Amortization of acquired intangibles	81.7		39.7		1.5		—		122.9
Amortization of other assets	30.9		54.8		16.8		—		102.6
Year ended June 30, 2019
Revenues	$	3,468.3	$	996.3	$	—	$	(102.4)	$	4,362.2
Earnings (loss) before income taxes	506.2		212.5		(130.9)		19.4		607.3
Assets	2,155.6		1,423.6		301.6		—		3,880.7
Capital expenditures	34.5		6.5		9.6		—		50.6
Depreciation and amortization	54.3		11.9		19.0		—		85.2
Amortization of acquired intangibles	70.6		16.3		0.5		—		87.4
Amortization of other assets	36.4		45.7		5.3		—		87.4

Revenues and assets by geographic area are as follows:

	United States		Canada		Europe		Other		Total
	(in millions)
Year ended June 30, 2021
Revenues	$	4,370.4	$	360.1	$	243.5	$	19.7	$	4,993.7
Assets	$	4,885.2	$	549.0	$	2,430.6	$	255.0	$	8,119.8
Year ended June 30, 2020
Revenues	$	3,989.7	$	341.6	$	179.1	$	18.7	$	4,529.0
Assets	$	3,783.2	$	479.2	$	500.6	$	126.7	$	4,889.8
Year ended June 30, 2019
Revenues	$	3,913.8	$	279.5	$	148.5	$	20.3	$	4,362.2
Assets	$	2,870.2	$	504.8	$	397.6	$	108.1	$	3,880.7