XML 58 R36.htm IDEA: XBRL DOCUMENT v3.21.2
Revenue from Contracts with Customers (Tables)
12 Months Ended
Jun. 30, 2021
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue The disaggregation of revenue by segment and product is depicted for the periods presented below, and is consistent with how the Company evaluates its financial performance:
Year Ended June 30,
(in thousands)202120202019
Senior:
Commission revenue:
Medicare advantage$595,132 $285,957 $138,526 
Medicare supplement23,431 34,301 25,118 
Prescription drug plan1,652 2,867 3,209 
Dental, vision, and health15,969 7,758 4,470 
Other commission revenue2,156 362 2,526 
Total commission revenue638,340 331,245 173,849 
Production bonus and other revenue90,361 30,428 18,408 
Total Senior revenue728,701 361,673 192,257 
Life:
Commission revenue:
Core79,666 75,236 76,135 
Final expense78,764 30,592 11,057 
Ancillary4,219 2,036 2,054 
Total commission revenue162,649 107,864 89,246 
Production bonus and other revenue22,854 22,103 21,247 
Total Life revenue185,503 129,967 110,493 
Auto & Home:
Total commission revenue27,621 38,031 33,240 
Production bonus and other revenue3,292 3,158 1,814 
Total Auto & Home revenue30,913 41,189 35,054 
Eliminations:
Total commission revenue(2,004)(534)(335)
Production bonus and other revenue(5,298)(780)— 
Total Elimination revenue(7,302)(1,314)(335)
Total commission revenue826,606 476,606 296,000 
Total production bonus and other revenue111,209 54,909 41,469 
Total revenue$937,815 $531,515 $337,469 
Schedule of Activity in Commissions Receivable A separate roll forward of commissions receivable (current and long term) for the year ended June 30, 2021, is shown below:
(in thousands)2021
Balance as of June 30, 2020$512,961 
Commission revenue from revenue recognized451,086 
Net commission revenue adjustment from change in estimate(6,968)
Amounts recognized as accounts receivable(111,182)
Balance as of June 30, 2021$845,897