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Segments | 12 Months Ended
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Sep. 30, 2019
Segment Reporting [Abstract] |
Segments | SEGMENTS The Company determines its operating segments based on ASC 280, Segment Reporting, how the chief operating decision making group monitors and manages the performance of the business and the level at which financial information is reviewed. The Company’s operating segments are strategic business units that offer different products and services. The Company's core business is delivering seamless integrated payment and software solutions to SMBs and organizations in strategic vertical markets. This is accomplished through the Merchant Services and Proprietary Software and Payments segments. The Merchant Services segment provides comprehensive payment solutions to businesses and organizations. The Merchant Services segment includes third-party integrated payment solutions as well as traditional payment services across the Company's strategic vertical markets. The Proprietary Software and Payments segment delivers embedded payment solutions to the Company's clients through company-owned software. Payments are delivered through both the payment facilitator model and the traditional merchant processing model. The Company's Proprietary Software and Payments clients are primarily in the education, property management and public sector markets. The Other category includes corporate overhead expenses, when presenting reportable segment information. The Company primarily uses processing margin to measure operating performance. The following is a summary of reportable segment operating performance for the years ended September 30, 2019, 2018 and 2017.
| As of and for the Year ended September 30, 2019 |  |  |  |  |  |
| Merchant Services |  | Proprietary Software and Payments |  | Other |  | Total
Revenue | $ | 336,800 |  |  | $ | 39,507 |  |  | $ | — |  |  | $ | 376,307 |
Operating expenses |  |  |  |  |  |  |
Interchange and network fees | 236,170 |  |  | 6,697 |  |  | — |  |  | 242,867 |
Other costs of services | 41,309 |  |  | 2,928 |  |  | — |  |  | 44,237 |
Selling general and administrative | 25,150 |  |  | 19,184 |  |  | 18,526 |  |  | 62,860 |
Depreciation and amortization | 11,788 |  |  | 4,223 |  |  | 553 |  |  | 16,564 |
Change in fair value of contingent consideration | 51 |  |  | 3,338 |  |  | — |  |  | 3,389 |
Income (loss) from operations | $ | 22,332 |  |  | $ | 3,137 |  |  | $ | (19,079) |  |  | $ | 6,390 |
Processing margin(1) | $ | 76,343 |  |  | $ | 30,523 |  |  | $ | — |  |  | $ | 106,866 |
Total assets | $ | 203,326 |  |  | $ | 112,514 |  |  | $ | 33,462 |  |  | $ | 349,302 |
Goodwill | $ | 108,472 |  |  | $ | 59,812 |  |  | $ | — |  |  | $ | 168,284 |
__________________________ 1.Processing margin is equal to revenue less interchange and network fees, less other costs of services, $17,022, $641 and $0 of residual expense, a component of other costs of services, are added back to the Merchant Services segment, Proprietary Software and Payments segment, and Other category, respectively.
| As of and for the Year ended September 30, 2018 |  |  |  |  |  |
| Merchant Services |  | Proprietary Software and Payments |  | Other |  | Total
Revenue | $ | 302,929 |  |  | $ | 20,582 |  |  | $ | (3) |  |  | $ | 323,508 |
Operating expenses |  |  |  |  |  |  |
Interchange and network fees | 209,695 |  |  | 4,848 |  |  | — |  |  | 214,543 |
Other costs of services | 38,399 |  |  | 1,916 |  |  | (1) |  |  | 40,314 |
Selling general and administrative | 23,291 |  |  | 7,602 |  |  | 9,692 |  |  | 40,585 |
Depreciation and amortization | 9,535 |  |  | 2,097 |  |  | 207 |  |  | 11,839 |
Change in fair value of contingent consideration | 1,772 |  |  | 2,094 |  |  | — |  |  | 3,866 |
Income (loss) from operations | $ | 20,237 |  |  | $ | 2,025 |  |  | $ | (9,901) |  |  | $ | 12,361 |
Processing margin(1) | $ | 68,811 |  |  | $ | 14,371 |  |  | $ | (2) |  |  | $ | 83,180 |
Total assets | $ | 141,977 |  |  | $ | 28,339 |  |  | $ | 4,826 |  |  | $ | 175,142 |
Goodwill | $ | 69,666 |  |  | $ | 14,288 |  |  | $ | — |  |  | $ | 83,954 |
__________________________ 1.Processing margin is equal to revenue less interchange and network fees, less other costs of services. $13,976, $553 and $0 of residual expense, a component of other costs of services, are added back to the Merchant Services segment, Proprietary Software and Payments segment, and Other category, respectively.
| As of and for the Year ended September 30, 2017 |  |  |  |  |  |
| Merchant Services |  | Proprietary Software and Payments |  | Other |  | Total
Revenue | $ | 248,005 |  |  | $ | 14,582 |  |  | $ | (16) |  |  | $ | 262,571 |
Operating expenses |  |  |  |  |  |  |
Interchange and network fees | 185,141 |  |  | 3,971 |  |  | — |  |  | 189,112 |
Other costs of services | 27,350 |  |  | 1,559 |  |  | (111) |  |  | 28,798 |
Selling general and administrative | 13,858 |  |  | 7,194 |  |  | 6,142 |  |  | 27,194 |
Depreciation and amortization | 8,029 |  |  | 1,938 |  |  | 118 |  |  | 10,085 |
Change in fair value of contingent consideration | 192 |  |  | (410) |  |  | — |  |  | (218) |
Income (loss) from operations | $ | 13,435 |  |  | $ | 330 |  |  | $ | (6,165) |  |  | $ | 7,600 |
Processing margin(1) | $ | 47,389 |  |  | $ | 9,423 |  |  | $ | (53) |  |  | $ | 56,759 |
Total assets | $ | 113,568 |  |  | $ | 8,901 |  |  | $ | 17,522 |  |  | $ | 139,991 |
Goodwill | $ | 49,173 |  |  | $ | 9,344 |  |  | $ | — |  |  | $ | 58,517 |
__________________________ 1.Processing margin is equal to revenue less interchange and network fees, less other costs of services. $11,875, $371 and $(148) of residual expense, a component of other costs of services, are added back to the Merchant Services segment, Proprietary Software and Payments segment, and Other category, respectively.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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