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Segment Information (Tables)

9 Months Ended

Mar. 31, 2024

Segment Reporting, Revenue Reconciling Item [Line Items]

Reconciliation of Revenue from Segments to Consolidated

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,
			2024						2023						2024						2023
Revenue:
Vista			$	417,896					$	396,642					$	1,299,694					$	1,203,747
PrintBrothers			150,304						139,569						467,673						420,866
The Print Group			88,049						85,504						261,856						251,663
National Pen			89,181						81,113						307,008						283,400
All Other Businesses			49,103						49,037						161,186						160,862
Total segment revenue			794,533						751,865						2,497,417						2,320,538
Inter-segment eliminations (1)			(13,945)						(9,701)						(38,172)						(29,757)
Total consolidated revenue			$	780,588					$	742,164					$	2,459,245					$	2,290,781

_____________________

(1) Refer to the "Revenue by Geographic Region" tables below for detail of the inter-segment revenue within each respective segment.

Revenue from External Customers by Geographic Areas [Table Text Block]

			Three Months Ended March 31, 2024
			Vista						PrintBrothers						The Print Group						National Pen						All Other						Total
Revenue by Geographic Region:
North America			$	296,717					$	—					$	—					$	51,932					$	39,743					$	388,392
Europe			99,381						149,552						85,532						28,928						—						363,393
Other			21,533						—						—						1,183						6,087						28,803
Inter-segment			265						752						2,517						7,138						3,273						13,945
Total segment revenue			417,896						150,304						88,049						89,181						49,103						794,533
Less: inter-segment elimination			(265)						(752)						(2,517)						(7,138)						(3,273)						(13,945)
Total external revenue			$	417,631					$	149,552					$	85,532					$	82,043					$	45,830					$	780,588

			Nine Months Ended March 31, 2024
			Vista						PrintBrothers						The Print Group						National Pen						All Other						Total
Revenue by Geographic Region:
North America			$	911,465					$	—					$	—					$	163,896					$	132,527					$	1,207,888
Europe			315,926						465,472						253,360						120,147						—						1,154,905
Other			71,303						—						—						4,591						20,558						96,452
Inter-segment			1,000						2,201						8,496						18,374						8,101						38,172
Total segment revenue			1,299,694						467,673						261,856						307,008						161,186						2,497,417
Less: inter-segment elimination			(1,000)						(2,201)						(8,496)						(18,374)						(8,101)						(38,172)
Total external revenue			$	1,298,694					$	465,472					$	253,360					$	288,634					$	153,085					$	2,459,245

			Three Months Ended March 31, 2023
			Vista (1)						PrintBrothers						The Print Group						National Pen						All Other						Total (1)
Revenue by Geographic Region:
North America			$	284,457					$	—					$	—					$	50,938					$	41,524					$	376,919
Europe			90,332						139,187						83,096						23,811						—						336,426
Other			21,583						—						—						1,180						6,056						28,819
Inter-segment			270						382						2,408						5,184						1,457						9,701
Total segment revenue			396,642						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
			Vista (1)						PrintBrothers						The Print Group						National Pen						All Other						Total (1)
Revenue by Geographic Region:
North America			$	856,812					$	—					$	—					$	162,593					$	137,016					$	1,156,421
Europe			275,826						419,658						244,378						99,555						—						1,039,417
Other			69,827						—						—						5,862						19,254						94,943
Inter-segment			1,282						1,208						7,285						15,390						4,592						29,757
Total segment revenue			1,203,747						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

___________________

(1) During fiscal year 2023, we identified an immaterial error in our previously disclosed revenue by geographic area for our Vista reportable segment for the three and nine months ended March 31, 2023, which understated revenue in North America and Europe, with an offsetting overstatement in the Other geographies. We have corrected the disclosed figures as included herein.

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The following table includes segment EBITDA by reportable segment, total income (loss) from operations and total income (loss) before income taxes:

			Three Months Ended March 31,												Nine Months Ended March 31,
			2024						2023						2024						2023
Segment EBITDA:
Vista			$	71,802					$	60,392					$	249,402					$	146,286
PrintBrothers			16,809						15,886						64,976						50,386
The Print Group			18,190						13,589						50,240						39,490
National Pen			4,815						(3,336)						22,377						20,150
All Other Businesses			3,966						5,036						18,407						16,620
Total segment EBITDA			115,582						91,567						405,402						272,932
Central and corporate costs			(39,472)						(34,447)						(107,219)						(102,827)
Depreciation and amortization			(37,072)						(39,751)						(116,103)						(121,567)
Restructuring-related charges			(128)						(30,115)						(277)						(43,142)
Certain impairments and other adjustments			328						549						(786)						(1,982)
Total income (loss) from operations			39,238						(12,197)						181,017						3,414
Other (expense) income, net			(3,651)						1,377						2,377						11,382
Interest expense, net			(30,158)						(30,515)						(89,946)						(83,918)
Gain on early extinguishment of debt			—						—						1,721						—
Income (loss) before income taxes			$	5,429					$	(41,335)					$	95,169					$	(69,122)

Reconciliation of Other Significant Reconciling Items from Segments to Consolidated

			Three Months Ended March 31,												Nine Months Ended March 31,
			2024						2023						2024						2023
Depreciation and amortization:
Vista			$	13,040					$	14,480					$	41,091					$	43,343
PrintBrothers			3,789						4,175						11,702						14,097
The Print Group			6,184						5,269						18,006						16,930
National Pen			3,228						4,820						13,408						16,506
All Other Businesses			4,604						4,375						13,660						13,217
Central and corporate costs			6,227						6,632						18,236						17,474
Total depreciation and amortization			$	37,072					$	39,751					$	116,103					$	121,567

			Three Months Ended March 31,												Nine Months Ended March 31,
			2024						2023						2024						2023
Purchases of property, plant and equipment:
Vista			$	6,488					$	3,006					$	15,958					$	12,575
PrintBrothers			(132)						2,010						5,110						3,771
The Print Group			1,933						3,995						12,976						14,084
National Pen			313						889						4,468						3,336
All Other Businesses			1,455						815						4,871						2,650
Central and corporate costs			413						281						1,042						1,070
Total purchases of property, plant and equipment			$	10,470					$	10,996					$	44,425					$	37,486

			Three Months Ended March 31,												Nine Months Ended March 31,
			2024						2023						2024						2023
Capitalization of software and website development costs:
Vista			$	6,231					$	5,894					$	18,921					$	17,668
PrintBrothers			521						104						1,434						1,562
The Print Group			891						866						2,641						2,127
National Pen			1,111						778						3,087						1,878
All Other Businesses			1,582						1,008						3,879						2,831
Central and corporate costs			4,699						6,285						13,417						18,115
Total capitalization of software and website development costs			$	15,035					$	14,935					$	43,379					$	44,181

Long-lived assets by geographic area

The following table sets forth long-lived assets by geographic area:

			March 31, 2024						June 30, 2023
Long-lived assets (1):
United States (2)			$	72,754					$	83,956
Switzerland			67,939						73,857
Netherlands			60,787						65,547
Canada			56,533						57,328
Italy			38,557						42,377
Germany			32,443						27,813
France			29,476						29,302
Australia			21,070						19,664
Jamaica (3)			1,021						17,834
Other			87,778						86,690
Total			$	468,358					$	504,368

___________________

(1) Excludes goodwill of $779,263 and $781,541, intangible assets, net of $83,235 and $109,196, deferred tax assets of $9,435 and $12,740 as of March 31, 2024 and June 30, 2023, respectively, as well as marketable securities, non-current of $4,497 as of June 30, 2023.

(2) The decrease in the United States long-lived assets is due to the reclassification of a tax receivable from non-current to current during the current fiscal year.

(3) The decrease in Jamaica's long-lived assets is due to the planned sale of an owned customer service facility as we continue to optimize our real estate footprint with many of these team members operating under a remote-first model, which resulted in the classification of the related assets as held-for-sale as of March 31, 2024. The assets are now presented as part of prepaid expenses and other current assets in the consolidated balance sheet. Refer to Note 2 for additional details.

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