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Segment Reporting (Tables)
 3 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Revenue and Adjusted EBITDA for each Reportable Segment





 

 

 



 

Three Months Ended



 

June 30, 2020

Segment Revenue

 

 

 

Software and Analytics

 

$

 391,589 

Network Solutions

 

 

 142,826 

Technology-Enabled Services

 

 

 187,706 

Postage and Eliminations (1)

 

 

 27,063 

Purchase Accounting Adjustment (2)

 

 

 (55,000)

Net Revenue

 

$

 694,184 

Segment Adjusted EBITDA

 

 

 

Software and Analytics

 

$

 143,932 

Network Solutions

 

 

 70,503 

Technology-Enabled Services

 

 

 (17,579)

Adjusted EBITDA

 

$

 196,856 

Equity compensation

 

 

 9,583 

Acquisition accounting adjustments

 

 

 48,540 

Acquisition and divestiture-related costs

 

 

 5,120 

Integration and related costs

 

 

 10,358 

Strategic initiatives, duplicative and transition costs

 

 

 5,080 

Severance costs

 

 

 4,704 

Accretion and changes in estimate with related parties, net

 

 

 5,895 

Impairment of long-lived assets and other

 

 

 6,313 

Gain on sale of businesses

 

 

 (28,095)

Contingent consideration

 

 

 (2,450)

Other non-routine, net

 

 

 2,677 

EBITDA Adjustments

 

 

 67,725 

EBITDA

 

 

 129,131 

Interest expense

 

 

 62,667 

Depreciation and amortization

 

 

 138,541 

Amortization of capitalized software developed for sale

 

 

 78 

Income (loss) before income tax provision (benefit)

 

$

 (72,155)



(1)

Revenue for the Postage and Eliminations segment includes postage revenue of $45,772 for the three months ended June 30, 2020.

(2)

Amount reflects the impact to deferred revenue resulting from the Merger which reduced revenue recognized during the period.