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Segment Information (Tables)

3 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table presents information about the reportable segments for the three months ended September 30, 2020:

(in thousands)			Senior						Life						Auto & Home						Corp & Elims						Consolidated
Revenue			$	73,199					$	42,823					$	9,538					$	(1,391)					$	124,169
Operating expenses			(64,297)						(32,346)						(5,922)						(9,518)			(1)			(112,083)
Other expenses, net			—						—						—						(21)						(21)
Adjusted EBITDA			$	8,902					$	10,477					$	3,616					$	(10,930)					12,065
Share-based compensation expense																											(924)
Non-recurring expenses (2)																											(438)
Fair value adjustments to contingent earnout obligations																											(759)
Restructuring expenses																											(21)
Depreciation and amortization																											(3,347)
Loss on disposal of property, equipment, and software																											(82)
Interest expense, net																											(6,761)
Income tax benefit																											1,104
Net income																											$	837

(1) Operating expenses in the Corp & Elims division primarily include $6.6 million in salaries and benefits for certain general, administrative, and IT related departments and $3.0 million in professional services fees.

(2) These expenses consist of non-restructuring severance expenses, costs related to the acquisition of InsideResponse, and expenses related to business continuity in response to the COVID-19 pandemic.

The following table presents information about the reportable segments for the three months ended September 30, 2019:

(in thousands)			Senior						Life						Auto & Home						Corp & Elims						Consolidated
Revenue			$	27,584					$	27,607					$	10,052					$	(76)					$	65,167
Operating expenses			(29,523)						(21,789)						(7,562)						(5,413)			(1)			(64,287)
Other expenses, net			—						—						—						(13)						(13)
Adjusted EBITDA			$	(1,939)					$	5,818					$	2,490					$	(5,502)					867
Share-based compensation expense																											(22)
Non-recurring expenses(2)																											(832)
Restructuring expenses																											2
Depreciation and amortization																											(1,440)
Gain on disposal of property, equipment, and software																											2
Interest expense																											(705)
Income tax benefit																											440
Net loss																											$	(1,688)

(1) Operating expenses in the Corp & Elims division primarily include $3.2 million in salaries and benefits for certain general, administrative, and IT related departments and $1.6 million in professional services fees.

(2) These expenses consist of one-time consulting expenses associated with adopting ASC 606, non-recurring compensation to certain former board members, non-restructuring severance expenses, and costs related to our IPO.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

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- References

No definition available.

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