Financial Data By Segment

12 Months Ended

Jun. 30, 2020

NOTE 14. FINANCIAL DATA BY SEGMENT AND GEOGRAPHIC AREA

Based upon similar economic and operational characteristics, the Company’s strategic business units have been aggregated into the following two reportable segments: Employer Services and PEO Services. The primary components of the “Other” segment are certain corporate overhead charges and expenses that have not been allocated to the reportable segments, including corporate functions, costs related to our transformation office, non-recurring gains and losses, the elimination of intercompany transactions, and interest expense. Certain revenues and expenses are charged to the reportable segments at a standard rate for management reasons. Other costs are recorded based on management responsibility. In fiscal 2020, the Company made changes to the allocation methodology for certain corporate allocations, in both the current period and the prior period in the table below, which did not materially affect reportable segment results. In addition, the segment results in the table below reflects the impact of the revision to PEO revenues for comparability. Refer to Note 1 to our consolidated financial statements for more information on this revision.


	Employer Services		PEO Services		Other		Total
Year ended June 30, 2020
Revenues	$	10,086.6	$	4,511.5	$	(8.3)	$	14,589.8
Earnings before income taxes	3,063.0		605.5		(485.9)		3,182.6
Assets	37,071.7		1,443.2		650.6		39,165.5
Capital expenditures	115.7		—		52.6		168.3
Depreciation and amortization	388.0		3.4		88.6		480.0

Year ended June 30, 2019
Revenues	$	9,942.8	$	4,177.7	$	(10.3)	$	14,110.2
Earnings before income taxes	2,960.9		616.2		(571.5)		3,005.6
Assets	34,606.3		1,584.1		5,697.3		41,887.7
Capital expenditures	98.2		—		64.5		162.7
Depreciation and amortization	321.0		3.5		84.5		409.0

Year ended June 30, 2018
Revenues	$	9,454.8	$	3,828.8	$	(9.4)	$	13,274.2
Earnings before income taxes	2,601.1		541.6		(860.1)		2,282.6
Assets	31,984.2		1,329.8		5,535.1		38,849.1
Capital expenditures	113.9		—		78.0		191.9
Depreciation and amortization	291.9		3.0		82.7		377.6


	United States		Europe		Canada		Other		Total
Year ended June 30, 2020
Revenues	$	12,740.1	$	1,236.3	$	329.8	$	283.6	$	14,589.8
Assets	$	33,891.0	$	2,162.7	$	2,435.3	$	676.5	$	39,165.5

Year ended June 30, 2019
Revenues	$	12,262.6	$	1,236.8	$	326.6	$	284.2	$	14,110.2
Assets	$	36,508.3	$	2,807.9	$	1,950.5	$	621.0	$	41,887.7

Year ended June 30, 2018
Revenues	$	11,439.8	$	1,242.2	$	321.6	$	270.6	$	13,274.2
Assets	$	33,586.6	$	2,608.6	$	2,073.1	$	580.8	$	38,849.1