v3.19.2
Financial Data by Segment
 12 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Financial Data by Segment
FINANCIAL DATA BY SEGMENT
The Company operates in two reportable segments: Investor Communication Solutions and Global Technology and Operations. See Note 1, “Basis of Presentation” for a further description of the Company’s reportable segments.
The primary components of “Other” are certain gains, losses, corporate overhead expenses and non-operating expenses that have not been allocated to the reportable segments, such as interest expense. Foreign currency exchange is a reconciling item between the actual foreign currency exchange rates and the constant foreign currency exchange rates used for internal management reporting.
Certain corporate expenses, as well as certain centrally managed expenses, are allocated based upon budgeted amounts in a reasonable manner. Because the Company compensates the management of its various businesses on, among other factors, segment profit, the Company may elect to record certain segment-related operating and non-operating expense items in Other rather than reflect such items in segment profit.
In connection with an organizational change made in the second quarter of fiscal year 2018, in order to further align and enhance our portfolio of services, certain discrete services that were previously reported in our Investor Communication Solutions reportable segment are now reported within the Global Technology and Operations reportable segment.  As a result, our prior period segment results have been revised to reflect this change in reporting segments.
 
 
Investor
Communication
Solutions
 
Global
Technology and
Operations
 
Other
 
Foreign Currency
Exchange
 
Total
 
 
(in millions)
Year ended June 30, 2019
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
3,511.1

 
$
953.5

 
$
—

 
$
(102.4
)
 
$
4,362.2

Earnings (loss) before income taxes
 
508.4

 
210.3

 
(130.9
)
 
19.4

 
607.3

Assets
 
2,169.5

 
1,409.6

 
301.6

 
—

 
3,880.7

Capital expenditures
 
34.9

 
6.1

 
9.6

 
—

 
50.6

Depreciation and amortization
 
54.9

 
11.3

 
19.0

 
—

 
85.2

Amortization of acquired intangibles
 
73.5

 
13.4

 
0.5

 
—

 
87.4

Amortization of other assets
 
37.1

 
45.0

 
5.3

 
—

 
87.4

Year ended June 30, 2018
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
3,495.6

 
$
911.6

 
$
—

 
$
(77.3
)
 
$
4,329.9

Earnings (loss) before income taxes
 
494.6

 
199.3

 
(151.4
)
 
18.6

 
561.0

Assets
 
2,089.0

 
908.3

 
307.4

 
—

 
3,304.7

Capital expenditures
 
39.2

 
28.6

 
8.8

 
—

 
76.7

Depreciation and amortization
 
52.2

 
10.8

 
19.1

 
—

 
82.1

Amortization of acquired intangibles
 
67.8

 
13.6

 
—

 
—

 
81.4

Amortization of other assets
 
12.6

 
30.6

 
5.3

 
—

 
48.5

Year ended June 30, 2017
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
3,398.6

 
$
825.5

 
$
—

 
$
(81.5
)
 
$
4,142.6

Earnings (loss) before income taxes
 
428.2

 
162.5

 
(110.5
)
 
8.1

 
488.1

Assets
 
1,931.2

 
886.2

 
332.4

 
—

 
3,149.8

Capital expenditures
 
33.7

 
11.1

 
40.5

 
—

 
85.4

Depreciation and amortization
 
47.5

 
9.9

 
11.1

 
—

 
68.6

Amortization of acquired intangibles
 
60.8

 
11.8

 
—

 
—

 
72.6

Amortization of other assets
 
12.4

 
23.9

 
4.6

 
—

 
41.0


Revenues and assets by geographic area are as follows:
 
 
United
States
 
Canada
 
United
Kingdom
 
Other
 
Total
 
 
(in millions)
Year ended June 30, 2019
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
3,913.8

 
$
279.5

 
$
127.5

 
$
41.4

 
$
4,362.2

Assets
 
$
2,870.2

 
$
504.8

 
$
277.0

 
$
228.7

 
$
3,880.7

Year ended June 30, 2018
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
3,907.2

 
$
273.6

 
$
118.7

 
$
30.4

 
$
4,329.9

Assets
 
$
2,661.9

 
$
216.7

 
$
257.8

 
$
168.3

 
$
3,304.7

Year ended June 30, 2017
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
3,771.9

 
$
251.4

 
$
92.1

 
$
27.3

 
$
4,142.6

Assets
 
$
2,579.1

 
$
237.9

 
$
238.1

 
$
94.7

 
$
3,149.8