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Reportable Segment Information (Text Block)
 12 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Reportable Segment Information [Text Block] REPORTABLE SEGMENT INFORMATION
The Company is a leading provider of technology solutions and payment processing services primarily for financial services organizations.
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, and risk management products and services. The Complementary segment provides additional software and services that can be integrated with the Company's core solutions or used independently. The Corporate and Other segment includes revenue and costs from hardware and other products not attributable to the other three segments, as well as operating costs 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.
During the second quarter of fiscal 2021, the Company's call center was consolidated into the Complementary segment. As a result of this consolidation, immaterial adjustments were made during fiscal 2021 to reclassify related revenue and costs recognized during the fiscal years ended June 30, 2020 and 2019 from the Core to the Complementary segment. The total related revenue reclassified was $20,797 for fiscal 2020 and $13,515 for fiscal 2019. The total related cost of revenue reclassified was $12,386 for fiscal 2020 and $8,513 for fiscal 2019.
Year Ended
June 30, 2021
CorePaymentsComplementaryCorporate and OtherTotal
REVENUE
Services and Support$529,193 $63,445 $410,930 $44,638 $1,048,206 
Processing34,903 578,863 94,998 1,255 710,019 
Total Revenue564,096 642,308 505,928 45,893 1,758,225 
 
Cost of Revenue247,285 353,581 212,627 249,906 1,063,399 
Research and Development109,047 
Selling, General, and Administrative187,060 
Total Expenses1,359,506 
SEGMENT INCOME$316,811 $288,727 $293,301 $(204,013)
OPERATING INCOME398,719 
INTEREST INCOME (EXPENSE)(994)
INCOME BEFORE INCOME TAXES$397,725 
Year Ended
June 30, 2020
CorePaymentsComplementaryCorporate and OtherTotal
REVENUE
Services and Support$529,997 $66,920 $401,639 $52,895 $1,051,451 
Processing31,372 530,773 82,507 964 645,616 
Total Revenue561,369 597,693 484,146 53,859 1,697,067 
Cost of Revenue240,492 319,739 203,963 244,270 1,008,464 
Research and Development109,988 
Selling, General, and Administrative197,988 
Total Expenses1,316,440 
SEGMENT INCOME$320,877 $277,954 $280,183 $(190,411)
OPERATING INCOME380,627 
INTEREST INCOME (EXPENSE)449 
INCOME BEFORE INCOME TAXES$381,076 
Year Ended
June 30, 2019
CorePaymentsComplementaryCorporate and OtherTotal
REVENUE
Services and Support$494,094 $52,756 $360,544 $51,095 $958,489 
Processing28,422 496,574 68,573 633 594,202 
Total Revenue522,516 549,330 429,117 51,728 1,552,691 
Cost of Revenue235,476 273,261 184,251 230,042 923,030 
Research and Development96,378 
Selling, General, and Administrative185,998 
Total Expenses1,205,406 
SEGMENT INCOME$287,040 $276,069 $244,866 $(178,314)
OPERATING INCOME347,285 
INTEREST INCOME (EXPENSE)(50)
INCOME BEFORE INCOME TAXES$347,235 

The Company has not disclosed any additional asset information by segment, as the information is not produced internally and its preparation is impracticable.