Segment Information (Tables)

9 Months Ended

Mar. 31, 2022

The following table presents a summary of our reportable segments’ profits:


	Subscription and Software		Services and Other		Total
	(Dollars in Thousands)
Three Months Ended March 31, 2022
Segment revenue	$	180,049	$	7,704	$	187,753
Segment expenses (1)	(67,930)		(8,373)		(76,303)
Segment profit (loss)	$	112,119	$	(669)	$	111,450

Three Months Ended March 31, 2021
Segment revenue	$	155,989	$	6,737	$	162,726
Segment expenses (1)	(63,878)		(8,396)		(72,274)
Segment profit (loss)	$	92,111	$	(1,659)	$	90,452

Nine Months Ended March 31, 2022
Segment revenue	$	473,862	$	21,267	$	495,129
Segment expenses (1)	(194,028)		(24,436)		(218,464)
Segment profit (loss)	$	279,834	$	(3,169)	$	276,665

Nine Months Ended March 31, 2021
Segment revenue	$	491,694	$	19,721	$	511,415
Segment expenses (1)	(173,593)		(24,911)		(198,504)
Segment profit (loss)	$	318,101	$	(5,190)	$	312,911

(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 nine months ended March 31, 2022 and 2021:


	Three Months Ended March 31,				Nine Months Ended March 31,
	2022		2021		2022		2021
	(Dollars in Thousands)
Total segment profit for reportable segments	$	111,450	$	90,452	$	276,665	$	312,911
General and administrative expense	(30,694)		(21,553)		(87,542)		(60,389)
Interest income	8,287		8,410		25,646		26,383
Interest (expense)	(1,572)		(1,495)		(4,626)		(5,639)
Other (expense), net	522		(5)		(2,107)		(1,807)
Income before income taxes	$	87,993	$	75,809	$	208,036	$	271,459