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Segment Information
3 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
Segment Information
Our operating segments are based upon the manner in which our operations are managed and the availability of separate financial information reported internally to the Chief Executive Officer, who is our Chief Operating Decision Maker (“CODM”) for purposes of making decisions about how to allocate resources and assess performance.
As of September 30, 2021, we have numerous operating segments under our management reporting structure which are reported in the following five reportable segments:
Vista - Vista is the parent brand of multiple offerings including VistaPrint, VistaCreate, 99designs by Vista, and Vista Corporate Solutions, which together represent a full-service design, digital and print solution,
elevating small businesses’ presence in physical and digital spaces and empowering them to achieve success.
PrintBrothers - Includes the results of our druck.at, Printdeal, and WIRmachenDRUCK businesses.
The Print Group - Includes the results of our Easyflyer, Exaprint, Pixartprinting, and Tradeprint businesses.
National Pen - Includes the global operations of our National Pen business, which manufactures and markets custom writing instruments and promotional products, apparel and gifts.
All Other Businesses - Includes a collection of businesses grouped together based on materiality. With the exception of BuildASign, which is a larger and profitable business, the All Other Businesses reportable segment consists of two smaller businesses that we continue to manage at a relatively modest operating loss and the addition of a newly acquired company that provides supply chain expertise and sells into a growing product category.
BuildASign is an internet-based provider of canvas-print wall décor, business signage and other large-format printed products, based in Austin, Texas. In the fourth quarter of fiscal year 2021, we closed a small acquisition under BuildASign in a new product category.
Printi is an online printing leader in Brazil, which offers a superior customer experience with transparent and attractive pricing, reliable service and quality.
YSD is a startup operation that provides end-to-end mass customization solutions to brands and intellectual property owners in China, supporting multiple channels including retail stores, websites, WeChat and e-commerce platforms to enhance brand awareness and competitiveness and develop new markets.
Central and corporate costs consist primarily of the team of software engineers that is building our mass customization platform; shared service organizations such as global procurement; technology services such as hosting and security; administrative costs of our Cimpress India offices where numerous Cimpress businesses have dedicated business-specific team members; and corporate functions including our Board of Directors, CEO, and the team members necessary for managing corporate activities, such as treasury, tax, capital allocation, financial consolidation, internal audit and legal. These costs also include certain unallocated share-based compensation costs.
The expense value of our PSU awards is based on a Monte Carlo fair value analysis and is required to be expensed on an accelerated basis. In order to ensure comparability in measuring our businesses' results, we allocate the straight-line portion of the fixed grant value to our businesses. Any expense in excess of the amount as a result of the fair value measurement of the PSUs and the accelerated expense profile of the awards is recognized within central and corporate costs.
Our definition of segment EBITDA is GAAP operating income excluding certain items, such as depreciation and amortization, expense recognized for contingent earn-out related charges including the changes in fair value of contingent consideration and compensation expense related to cash-based earn-out mechanisms dependent upon continued employment, share-based compensation related to investment consideration, certain impairment expense, and restructuring charges. We include insurance proceeds that are not recognized within operating income. We do not allocate non-operating income, including realized gains and losses on currency hedges, to our segment results.
Our balance sheet information is not presented to the CODM on an allocated basis, and therefore we do not present asset information by segment. We do present other segment information to the CODM, which includes purchases of property, plant and equipment and capitalization of software and website development costs, and therefore include that information in the tables below.
Revenue by segment is based on the business-specific websites or sales channel through which the customer’s order was transacted. The following tables set forth revenue by reportable segment, as well as disaggregation of revenue by major geographic region and reportable segment.
 Three Months Ended September 30,
 20212020
Revenue:
Vista$349,480 $329,291 
PrintBrothers125,357 100,112 
The Print Group72,820 66,437 
National Pen69,264 67,649 
All Other Businesses47,871 43,478 
Total segment revenue664,792 606,967 
Inter-segment eliminations (1)(7,193)(20,467)
Total consolidated revenue$657,599 $586,500 
_____________________
(1) Refer to the "Revenue by Geographic Region" tables below for detail of the inter-segment revenue within each respective segment. The decrease of inter-segment eliminations is the result of significant cross-business transactions in the first quarter of fiscal 2021 associated with the fulfillment of masks in response to the pandemic. Demand for this product was far lower in the current quarter.

Three Months Ended September 30, 2021
VistaPrintBrothersThe Print GroupNational PenAll OtherTotal
Revenue by Geographic Region:
North America$244,449 $— $— $41,038 $41,308 $326,795 
Europe71,533 125,128 71,155 20,851 — 288,667 
Other32,796 — — 3,533 5,808 42,137 
Inter-segment702 229 1,665 3,842 755 7,193 
   Total segment revenue349,480 125,357 72,820 69,264 47,871 664,792 
Less: inter-segment elimination(702)(229)(1,665)(3,842)(755)(7,193)
Total external revenue$348,778 $125,128 $71,155 $65,422 $47,116 $657,599 

Three Months Ended September 30, 2020
VistaPrintBrothersThe Print GroupNational PenAll OtherTotal
Revenue by Geographic Region:
North America$232,095 $— $— $30,321 $38,944 $301,360 
Europe77,248 99,941 60,378 20,604 — 258,171 
Other19,526 — — 3,648 3,795 26,969 
Inter-segment422 171 6,059 13,076 739 20,467 
   Total segment revenue329,291 100,112 66,437 67,649 43,478 606,967 
Less: inter-segment elimination(422)(171)(6,059)(13,076)(739)(20,467)
Total external revenue$328,869 $99,941 $60,378 $54,573 $42,739 $586,500 
The following table includes segment EBITDA by reportable segment, total income from operations and total income (loss) before income taxes:
 Three Months Ended September 30,
 20212020
Segment EBITDA:
Vista$68,039 $90,157 
PrintBrothers16,283 9,715 
The Print Group14,389 12,183 
National Pen(8,048)(10,671)
All Other Businesses4,891 8,609 
Total segment EBITDA95,554 109,993 
Central and corporate costs(35,272)(31,020)
Depreciation and amortization(44,432)(42,290)
Certain impairments and other adjustments780 (783)
Restructuring-related charges309 86 
Total income from operations16,939 35,986 
Other income (expense), net22,197 (8,754)
Interest expense, net(25,688)(30,516)
Income (loss) before income taxes$13,448 $(3,284)

 Three Months Ended September 30,
 20212020
Depreciation and amortization:
Vista$16,403 $13,587 
PrintBrothers5,234 5,462 
The Print Group6,584 6,581 
National Pen5,908 6,067 
All Other Businesses5,042 5,868 
Central and corporate costs5,261 4,725 
Total depreciation and amortization$44,432 $42,290 

Three Months Ended September 30,
20212020
Purchases of property, plant and equipment:
Vista$2,478 $1,934 
PrintBrothers1,512 925 
The Print Group1,428 2,887 
National Pen1,188 1,452 
All Other Businesses1,515 954 
Central and corporate costs503 231 
Total purchases of property, plant and equipment$8,624 $8,383 
Three Months Ended September 30,
20212020
Capitalization of software and website development costs:
Vista$7,572 $6,987 
PrintBrothers232 406 
The Print Group426 230 
National Pen678 714 
All Other Businesses1,184 1,061 
Central and corporate costs5,547 5,406 
Total capitalization of software and website development costs$15,639 $14,804 
The following table sets forth long-lived assets by geographic area:
 September 30, 2021June 30, 2021
Long-lived assets (1):  
United States$104,990 $107,868 
Netherlands75,345 75,996 
Canada63,029 60,779 
Switzerland69,738 68,880 
Italy45,029 47,776 
France24,333 25,417 
Jamaica20,139 20,550 
Australia20,101 21,298 
Japan14,512 14,891 
Other95,652 96,063 
Total$532,868 $539,518 
___________________
(1) Excludes goodwill of $717,970 and $726,979, intangible assets, net of $171,944 and $186,744, deferred tax assets of $146,431 and $149,618, and marketable securities, non-current of $40,400 and $50,713 as of September 30, 2021 and June 30, 2021, respectively.