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SEGMENTS (Tables) | 3 Months Ended
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Sep. 30, 2019
Segment Reporting [Abstract] |
Schedule of Segment Information | The following table presents disaggregated revenue by business segment and underlying source (in thousands):
| Three Months Ended September 30,
Net revenue: | 2019 | 2018
Supply Chain Services |  |
Net administrative fees | $ | 172,403 |  | $ | 162,000 |
Other services and support | 2,560 |  | 1,211 |
Services | 174,963 |  | 163,211 |
Products | 48,121 |  | 43,659 |
Total Supply Chain Services | 223,084 |  | 206,870 |
Performance Services | 79,326 |  | 85,732 |
Net revenue | $ | 302,410 |  | $ | 292,602 |
Additional segment information related to depreciation and amortization expense, capital expenditures and total assets was as follows (in thousands):
| Three Months Ended September 30,
| 2019 | 2018
Depreciation and amortization expense (a): |  |
Supply Chain Services | $ | 4,825 |  | $ | 4,704 |
Performance Services | 30,620 |  | 25,913 |
Corporate | 2,134 |  | 2,613 |
Total depreciation and amortization expense | $ | 37,579 |  | $ | 33,230 |
Capital expenditures: |  |
Supply Chain Services | $ | 1,477 |  | $ | 495 |
Performance Services | 18,504 |  | 19,374 |
Corporate | 2,002 |  | 5,193 |
Total capital expenditures | $ | 21,983 |  | $ | 25,062 |
Total assets (b): | September 30, 2019 | June 30, 2019
Supply Chain Services | $ | 1,129,999 |  | $ | 1,111,934 |
Performance Services | 933,856 |  | 941,183 |
Corporate | 530,729 |  | 516,450 |
Total assets | $ | 2,594,584 |  | $ | 2,569,567 |
(a) | Includes amortization of purchased intangible assets.
(b) As of June 30, 2019, Supply Chain Services total assets included $24.6 million in assets of discontinued operations related to the specialty pharmacy business.
Reconciliation of Income Before Income Taxes to Segment Adjusted EBITDA | A reconciliation of income before income taxes to Segment Adjusted EBITDA is as follows (in thousands):
| Three Months Ended September 30,
| 2019 | 2018
Income before income taxes | $ | 80,553 |  | $ | 94,690 |
Equity in net income of unconsolidated affiliates (a) | (3,607 | ) | (2,690 | )
Interest and investment (income) loss, net (b) | (476 | ) | 688 |
Other expense | 7,577 |  | 1,941 |
Operating income | 84,047 |  | 94,629 |
Depreciation and amortization | 24,535 |  | 20,253 |
Amortization of purchased intangible assets | 13,044 |  | 12,977 |
Stock-based compensation (c) | 3,852 |  | 6,233 |
Acquisition and disposition related expenses | 6,141 |  | 1,037 |
Remeasurement of tax receivable agreement liabilities (d) | 4,674 |  | — |
ERP implementation expenses (e) | 23 |  | 326 |
Equity in net income of unconsolidated affiliates (a) | 3,607 |  | 2,690 |
Deferred compensation plan income (f) | 241 |  | 1,336 |
Other expense, net | 92 |  | 45 |
Non-GAAP Adjusted EBITDA | $ | 140,256 |  | $ | 139,526 |
Segment Non-GAAP Adjusted EBITDA: |  |
Supply Chain Services | $ | 149,911 |  | $ | 136,310 |
Performance Services | 20,376 |  | 30,575 |
Corporate | (30,031 | ) | (27,359 | )
Non-GAAP Adjusted EBITDA | $ | 140,256 |  | $ | 139,526 |
(a) | Refer to Note 5 - Investments for more information.
(b) | Represents interest expense, net and investment income.
(c) | Represents non-cash employee stock-based compensation expense and stock purchase plan expense of $0.1 million during both of the three months ended September 30, 2019 and 2018.
(d) | The adjustment to TRA liabilities for the three months ended September 30, 2019 is primarily attributable to an increase in the Premier, Inc. effective tax rate related to a state tax liability.
(e) | Represents implementation and other costs associated with the implementation of an enterprise resource planning ("ERP") system.
(f) Represents realized and unrealized gains and losses and dividend income on deferred compensation plan assets.

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