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Reportable Segment Information (Text Block)
 3 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Reportable Segment Information Disclosure [Text Block] REPORTABLE SEGMENT INFORMATION
The Company is a leading provider of technology solutions and payment processing services primarily to community and regional financial institutions.
The Company’s operations are classified into four reportable segments: Core, Payments, Complementary, and Corporate and Other. The Core segment provides core information processing platforms to banks and credit unions, which consist of integrated applications required to process deposit, loan, and general ledger transactions, and maintain centralized customer/member information. The Payments segment provides secure payment processing tools and services, including ATM, debit, and credit card processing services, online and mobile bill pay solutions, Automated Clearing House ("ACH") origination and remote deposit capture processing, and risk management products and services. The Complementary segment provides additional software, hosted processing platforms, and services, including call center support, network security management, consulting, and monitoring that can be integrated with the Company's Core solutions, and many can be used independently. The Corporate and Other segment includes revenue and costs from hardware and other products not attributed to any of the other three segments, as well as operating expenses not directly attributable to the other three segments.
The Company evaluates the performance of its segments and allocates resources to them based on various factors, including performance against trend, budget, and forecast. Only revenue and costs of revenue are considered in the evaluation for each segment.
Immaterial adjustments have been made between segments to reclassify revenue and cost of revenue that was recognized for the three months ended September 30, 2022. These reclasses were made to be consistent with the current allocation of revenue and cost of revenue by segment. Revenue reclassed for the three months ended September 30, 2022, from Core to Complementary and Corporate and Other was $351 and $1,457, respectively, from Payments to Complementary and Corporate and Other was $6 and $1, respectively, from Complementary to Corporate and Other was $293, and from Corporate and Other to Complementary was $2. Cost of revenue reclassed for the three months ended September 30, 2022, from Core to Corporate and Other was $1,636, from Payments to Complementary and Corporate and Other was $91 and $511, respectively, and from Complementary to Corporate and Other was $423.
Three Months Ended
September 30, 2023
CorePaymentsComplementaryCorporate and OtherTotal
REVENUE
Services and Support$175,744 $19,903 $124,270 $22,288 $342,205 
Processing10,695 179,455 37,096 1,917 229,163 
Total Revenue186,439 199,358 161,366 24,205 571,368 
Cost of Revenue75,927 108,826 62,275 75,974 323,002 
Research and Development36,892 
Selling, General, and Administrative78,774 
Total Expenses438,668 
SEGMENT INCOME$110,512 $90,532 $99,091 $(51,769)
OPERATING INCOME132,700 
INTEREST INCOME (EXPENSE)548 
INCOME BEFORE INCOME TAXES$133,248 
Three Months Ended
September 30, 2022
CorePaymentsComplementaryCorporate and OtherTotal
REVENUE
Services and Support$163,216 $18,652 $118,214 $20,067 $320,149 
Processing10,100 167,881 30,203 869 209,053 
Total Revenue173,316 186,533 148,417 20,936 529,202 
Cost of Revenue70,604 100,553 58,105 68,999 298,261 
Research and Development32,993 
Selling, General, and Administrative57,225 
Total Expenses388,479 
SEGMENT INCOME$102,712 $85,980 $90,312 $(48,063)
OPERATING INCOME140,723 
INTEREST INCOME (EXPENSE)(1,424)
INCOME BEFORE INCOME TAXES$139,299 




The Company has not disclosed any additional asset information by segment, as the information is not generated for internal management reporting to the Chief Executive Officer, who is also the Chief Operating Decision Maker.