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Reportable Segment Information (Text Block)
 3 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Reportable Segment Information Disclosure [Text Block] REPORTABLE SEGMENT INFORMATION
The Company is a well-rounded financial technology company and is a leading provider of technology solutions and payment processing services primarily to community and regional financial institutions.
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, Automated Clearing House (“ACH”) origination and remote deposit capture processing, and risk management products and services. The Complementary segment provides additional software, hosted processing platforms, and services, including digital/mobile banking, treasury services, online account opening, fraud/anti-money laundering ("AML") and lending/deposit solutions that can be integrated with the Company's Core solutions, and many can be used independently. The Corporate and Other segment includes revenue and costs from hardware and other products not attributed to any of the other three segments, as well as operating expenses 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 between segments to reclassify cost of revenue that was recognized for the three months ended September 30, 2023. These reclasses were made to be consistent with the current allocation of cost of revenue by segment. Cost of revenue reclassed for the three months ended September 30, 2023, from Complementary to Corporate and Other, was $1,318.
Three Months Ended
September 30, 2024
CorePaymentsComplementaryCorporate and OtherTotal
REVENUE
Services and Support$184,866 $22,743 $129,993 $19,077 $356,679 
Processing10,758 189,180 41,709 2,656 244,303 
Total Revenue195,624 211,923 171,702 21,733 600,982 
Cost of Revenue81,420 113,020 65,967 83,025 343,432 
Research and Development39,686 
Selling, General, and Administrative66,588 
Total Expenses449,706 
SEGMENT INCOME$114,204 $98,903 $105,735 $(61,292)
OPERATING INCOME151,276 
INTEREST INCOME (EXPENSE)5,522 
INCOME BEFORE INCOME TAXES$156,798 
Three Months Ended
September 30, 2023
CorePaymentsComplementaryCorporate and OtherTotal
REVENUE
Services and Support$175,744 $19,903 $124,270 $22,288 $342,205 
Processing10,695 179,455 37,096 1,917 229,163 
Total Revenue186,439 199,358 161,366 24,205 571,368 
Cost of Revenue75,927 108,826 60,957 77,292 323,002 
Research and Development36,892 
Selling, General, and Administrative78,774 
Total Expenses438,668 
SEGMENT INCOME$110,512 $90,532 $100,409 $(53,087)
OPERATING INCOME132,700 
INTEREST INCOME (EXPENSE)548 
INCOME BEFORE INCOME TAXES$133,248 
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.