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Segment Information
 9 Months Ended
Mar. 31, 2022
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 March 31, 2023, 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, Vista Corporate Solutions, and Depositphotos, which together represent a full-service design, digital and print solution.
•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 two businesses grouped together based on materiality, as well as our YSD business through its divestiture that was completed during the third quarter of fiscal 2023.
◦BuildASign, a larger and profitable business, is an internet-based provider of canvas-print wall décor, business signage and other large-format printed products.
◦Printi, a smaller business that we continue to manage at a relatively modest operating loss, is an online printing leader in Brazil, which offers a superior customer experience with transparent and attractive pricing, reliable service and quality.
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.
During the fourth quarter of fiscal 2022, we revised our internal reporting to reallocate certain third-party technology costs that were previously held within our Central and corporate costs to our Vista business and reportable segment. These include certain third-party costs that are variable in nature and the cost variability is primarily driven by decisions or volumes in the Vista business. We revised our presentation of the prior period results to reflect our updated segment reporting, which decreased both Vista segment EBITDA and Central and corporate costs by $1,852 and $4,894 for the three and nine months ended March 31, 2022.
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 March 31, Nine Months Ended March 31,
 2023202220232022
Revenue:
Vista$396,642 $349,216 $1,203,747 $1,146,810 
PrintBrothers139,569 119,960 420,866 383,011 
The Print Group85,504 75,361 251,663 238,311 
National Pen81,113 72,243 283,400 266,224 
All Other Businesses49,037 48,486 160,862 154,076 
Total segment revenue751,865 665,266 2,320,538 2,188,432 
Inter-segment eliminations (1)(9,701)(7,854)(29,757)(23,705)
Total consolidated revenue$742,164 $657,412 $2,290,781 $2,164,727 
_____________________
(1) Refer to the "Revenue by Geographic Region" tables below for detail of the inter-segment revenue within each respective segment.
Three Months Ended March 31, 2023
VistaPrintBrothersThe Print GroupNational PenAll OtherTotal
Revenue by Geographic Region:
North America$276,983 $— $— $50,938 $41,524 $369,445 
Europe88,152 139,187 83,096 23,811 — 334,246 
Other31,237 — — 1,180 6,056 38,473 
Inter-segment270 382 2,408 5,184 1,457 9,701 
   Total segment revenue396,642 139,569 85,504 81,113 49,037 751,865 
Less: inter-segment elimination(270)(382)(2,408)(5,184)(1,457)(9,701)
Total external revenue$396,372 $139,187 $83,096 $75,929 $47,580 $742,164 

Nine Months Ended March 31, 2023
VistaPrintBrothersThe Print GroupNational PenAll OtherTotal
Revenue by Geographic Region:
North America$835,354 $— $— $162,593 $137,016 $1,134,963 
Europe268,791 419,658 244,378 99,555 — 1,032,382 
Other98,320 — — 5,862 19,254 123,436 
Inter-segment1,282 1,208 7,285 15,390 4,592 29,757 
   Total segment revenue1,203,747 420,866 251,663 283,400 160,862 2,320,538 
Less: inter-segment elimination(1,282)(1,208)(7,285)(15,390)(4,592)(29,757)
Total external revenue$1,202,465 $419,658 $244,378 $268,010 $156,270 $2,290,781 

Three Months Ended March 31, 2022
VistaPrintBrothersThe Print GroupNational PenAll OtherTotal
Revenue by Geographic Region:
North America$236,751 $— $— $43,483 $42,047 $322,281 
Europe78,136 119,353 73,885 21,876 — 293,250 
Other32,779 — — 3,741 5,361 41,881 
Inter-segment1,550 607 1,476 3,143 1,078 7,854 
   Total segment revenue349,216 119,960 75,361 72,243 48,486 665,266 
Less: inter-segment elimination(1,550)(607)(1,476)(3,143)(1,078)(7,854)
Total external revenue$347,666 $119,353 $73,885 $69,100 $47,408 $657,412 
Nine Months Ended March 31, 2022
VistaPrintBrothersThe Print GroupNational PenAll OtherTotal
Revenue by Geographic Region:
North America$770,815 $— $— $142,497 $134,390 $1,047,702 
Europe267,296 381,654 232,636 96,524 — 978,110 
Other105,342 — — 16,503 17,070 138,915 
Inter-segment3,357 1,357 5,675 10,700 2,616 23,705 
   Total segment revenue1,146,810 383,011 238,311 266,224 154,076 2,188,432 
Less: inter-segment elimination(3,357)(1,357)(5,675)(10,700)(2,616)(23,705)
Total external revenue$1,143,453 $381,654 $232,636 $255,524 $151,460 $2,164,727 
The following table includes segment EBITDA by reportable segment, total (loss) income from operations and total (loss) income before income taxes:
 Three Months Ended March 31, Nine Months Ended March 31,
 2023202220232022
Segment EBITDA:
Vista$60,392 $25,534 $146,286 $183,220 
PrintBrothers15,886 12,392 50,386 47,280 
The Print Group13,589 11,923 39,490 42,670 
National Pen(3,336)(898)20,150 22,653 
All Other Businesses5,036 6,044 16,620 17,199 
Total segment EBITDA91,567 54,995 272,932 313,022 
Central and corporate costs(34,447)(36,084)(102,827)(104,940)
Depreciation and amortization(39,751)(43,651)(121,567)(133,397)
Certain impairments and other adjustments 549 (277)(1,982)3,216 
Restructuring-related charges(30,115)(3,420)(43,142)(3,418)
Total (loss) income from operations(12,197)(28,437)3,414 74,483 
Other (expense) income, net1,377 12,321 11,382 38,330 
Interest expense, net(30,515)(24,247)(83,918)(75,304)
(Loss) income before income taxes$(41,335)$(40,363)$(69,122)$37,509 

 Three Months Ended March 31, Nine Months Ended March 31,
 2023202220232022
Depreciation and amortization:
Vista$14,480 $15,791 $43,343 $49,757 
PrintBrothers4,175 5,466 14,097 15,806 
The Print Group5,269 6,459 16,930 19,655 
National Pen4,820 5,933 16,506 18,061 
All Other Businesses4,375 4,519 13,217 13,942 
Central and corporate costs6,632 5,483 17,474 16,176 
Total depreciation and amortization$39,751 $43,651 $121,567 $133,397 
Three Months Ended March 31, Nine Months Ended March 31,
2023202220232022
Purchases of property, plant and equipment:
Vista$3,006 $4,132 $12,575 $14,491 
PrintBrothers2,010 665 3,771 3,381 
The Print Group3,995 7,560 14,084 14,237 
National Pen889 644 3,336 2,855 
All Other Businesses815 2,130 2,650 5,802 
Central and corporate costs281 472 1,070 1,376 
Total purchases of property, plant and equipment$10,996 $15,603 $37,486 $42,142 
Three Months Ended March 31, Nine Months Ended March 31,
2023202220232022
Capitalization of software and website development costs:
Vista$5,894 $8,235 $17,668 $24,425 
PrintBrothers104 361 1,562 829 
The Print Group866 790 2,127 1,735 
National Pen778 877 1,878 2,608 
All Other Businesses1,008 981 2,831 3,248 
Central and corporate costs6,285 6,497 18,115 17,030 
Total capitalization of software and website development costs$14,935 $17,741 $44,181 $49,875 
The following table sets forth long-lived assets by geographic area:
 March 31, 2023June 30, 2022
Long-lived assets (1):  
United States (2)$81,110 $95,589 
Switzerland76,287 72,394 
Netherlands65,618 67,240 
Canada57,050 58,498 
Italy42,150 48,262 
France26,639 25,383 
Australia19,066 17,751 
Jamaica18,258 18,744 
Japan (3)— 11,392 
Other112,162 90,677 
Total$498,340 $505,930 
___________________
(1) Excludes goodwill of $787,291 and $766,600, intangible assets, net of $119,931 and $154,730, deferred tax assets of $10,093 and $113,088, and marketable securities, non-current of $6,466 and zero as of March 31, 2023 and June 30, 2022, respectively.
(2) The decrease of the United States long-lived assets is primarily driven by the termination of our Waltham, MA lease in August 2022 that resulted in a reduction to the operating lease asset and related leasehold improvements.
(3) The decrease in Japan's long-lived assets is due to the planned sale of the land and building, which resulted in the reclassification of the carrying value to prepaid expenses and other current assets because it meets held-for-sale criteria during the current quarter. Refer to Note 13 for additional details.