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Reportable Segment Information (Text Block)
 9 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Reportable Segment Information Disclosure [Text Block] REPORTABLE SEGMENT INFORMATION
The Company is a provider of integrated computer systems that perform data processing (available for on-premise installations or JKHY cloud-based services) for banks and credit unions.
The Company’s operations are classified into four reportable segments: Core, Payments, Complementary, and Corporate & 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 transaction processing services, online and mobile bill pay solutions, Automated Clearing House ("ACH") origination and remote deposit capture processing, and risk management products and services. The Complementary segment provides additional software and services that can be integrated with our Core solutions, and many can be used independently. The Corporate & Other segment includes hardware revenue and costs, 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.
Immaterial adjustments have been made to reclassify revenue that was recognized for the three and nine months ended March 31, 2022, from the Complementary to the Payments and Corporate and Other segments. Immaterial adjustments were also made to reclassify cost of revenue from the Complementary to Payments segments and from the Corporate and Other to Payments segments for the three months ended March 31, 2022, and from the Complementary to the Payments and Corporate and Other segments for the nine months ended March 31, 2022. These reclasses were made to be consistent with the current allocation of revenue and cost of revenue by segment. Revenue reclassed for the three and nine months ended March 31, 2022, from Complementary to Payments was $2,971 and $8,918, respectively, and from Complementary to Corporate and Other was $918 and $3,860, respectively. Cost of revenue reclassed for the three months ended March 31, 2022, from Complementary to Payments was $1,217 and from Corporate and Other to Payments was $125. Cost of revenue reclassed for the nine months ended March 31, 2022, from Complementary to Payments was $4,095, and from Complementary to Corporate and Other was $359.
Three Months Ended
March 31, 2023
CorePaymentsComplementaryCorporate & OtherTotal
REVENUE
Services and Support$146,809 $19,840 $109,128 $16,145 $291,922 
Processing10,094 172,000 32,994 1,542 216,630 
Total Revenue156,903 191,840 142,122 17,687 508,552 
Cost of Revenue71,705 106,878 61,366 67,396 307,345 
Research and Development34,625 
Selling, General, and Administrative58,192 
Total Expenses400,162 
SEGMENT INCOME$85,198 $84,962 $80,756 $(49,709)
OPERATING INCOME108,390 
INTEREST INCOME (EXPENSE)(2,275)
INCOME BEFORE INCOME TAXES$106,115 
Three Months Ended
March 31, 2022
CorePaymentsComplementaryCorporate & OtherTotal
REVENUE
Services and Support$141,194 $23,747 $105,520 $12,460 $282,921 
Processing9,605 156,771 28,301 662 195,339 
Total Revenue150,799 180,518 133,821 13,122 478,260 
Cost of Revenue66,576 95,970 57,740 62,053 282,339 
Research and Development30,725 
Selling, General, and Administrative53,607 
Total Expenses366,671 
SEGMENT INCOME$84,223 $84,548 $76,081 $(48,931)
OPERATING INCOME111,589 
INTEREST INCOME (EXPENSE)(688)
INCOME BEFORE INCOME TAXES$110,901 
Nine Months Ended
March 31, 2023
CorePaymentsComplementaryCorporate & OtherTotal
REVENUE
Services and Support$457,483 $57,838 $337,656 $49,794 $902,771 
Processing29,934 512,029 95,113 3,222 640,298 
Total Revenue487,417 569,867 432,769 53,016 1,543,069 
Cost of Revenue212,269 316,104 179,074 202,748 910,195 
Research and Development104,179 
Selling, General, and Administrative172,205 
Total Expenses1,186,579 
SEGMENT INCOME$275,148 $253,763 $253,695 $(149,732)
OPERATING INCOME356,490 
INTEREST INCOME (EXPENSE)(5,866)
INCOME BEFORE INCOME TAXES$350,624 
Nine Months Ended
March 31, 2022
CorePaymentsComplementaryCorporate & OtherTotal
REVENUE
Services and Support$442,730 $66,105 $327,258 $40,532 $876,625 
Processing28,232 472,510 80,879 1,966 583,587 
Total Revenue470,962 538,615 408,137 42,498 1,460,212 
Cost of Revenue198,032 287,518 168,139 188,110 841,799 
Research and Development87,394 
Selling, General, and Administrative160,172 
Total Expenses1,089,365 
SEGMENT INCOME$272,930 $251,097 $239,998 $(145,612)
OPERATING INCOME370,847 
INTEREST INCOME (EXPENSE)(1,371)
INCOME BEFORE INCOME TAXES$369,476 


The Company has not disclosed any additional asset information by segment, as the information is not generated for internal management reporting to the Chief Executive Officer, who is also the Chief Operating Decision Maker.