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Segment Information (Tables)
6 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Summary of reportable segments' profits
The following table presents a summary of our reportable segments’ profits:
 
 
Subscription and Software
 
Services and Other
 
Total
 
(Dollars in Thousands)
Three Months Ended December 31, 2019
 

 
 

 
 

Segment revenue
$
115,486

 
$
9,246

 
$
124,732

Segment expenses (1)
(57,718
)
 
(8,933
)
 
(66,651
)
Segment profit
$
57,768

 
$
313

 
$
58,081

 
 
 
 
 
 
Three Months Ended December 31, 2018
 

 
 

 
 

Segment revenue
$
134,406

 
$
6,017

 
$
140,423

Segment expenses (1)
(53,732
)
 
(7,634
)
 
(61,366
)
Segment profit (loss)
$
80,674

 
$
(1,617
)
 
$
79,057

 
 
 
 
 
 
Six Months Ended December 31, 2019
 

 
 

 
 

Segment revenue
$
240,231

 
$
18,592

 
$
258,823

Segment expenses (1)
(116,040
)
 
(17,514
)
 
(133,554
)
Segment profit
$
124,191

 
$
1,078

 
$
125,269

 
 
 
 
 
 
Six Months Ended December 31, 2018
 

 
 

 
 

Segment revenue
$
241,200

 
$
13,392

 
$
254,592

Segment expenses (1)
(107,258
)
 
(15,203
)
 
(122,461
)
Segment profit (loss)
$
133,942

 
$
(1,811
)
 
$
132,131



(1)         Our reportable segments’ operating expenses include expenses directly attributable to the segments. Segment expenses include selling and marketing and research and development expenses. Segment expenses do not include allocations of general and administrative expense; interest income; interest (expense); and other (expense) income, net.
Schedule of reconciliation of total segment operating profit to income before income taxes
The following table presents a reconciliation of total segment profit to income before income taxes for the three and six months ended December 31, 2019 and 2018:
 
 
Three Months Ended
December 31,
 
Six Months Ended
December 31,
 
2019
 
2018
 
2019
 
2019
 
(Dollars in Thousands)
 
 
 
 
 
 
 
 
Total segment profit for reportable segments
$
58,081

 
$
79,057

 
$
125,269

 
$
132,131

General and administrative expense
(16,422
)
 
(15,299
)
 
(36,306
)
 
(31,383
)
Interest income
8,428

 
7,485

 
16,404

 
14,554

Interest (expense)
(3,161
)
 
(2,164
)
 
(6,161
)
 
(3,978
)
Other (expense) income, net
(997
)
 
(578
)
 
135

 
(451
)
Income before income taxes
$
45,929

 
$
68,501

 
$
99,341

 
$
110,873