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Unaudited Quarterly Results
12 Months Ended
Jun. 30, 2018
Unaudited Quarterly Results [Abstract]  
Unaudited Quarterly Results

25. UNAUDITED QUARTERLY RESULTS

     The following tables contain selected unaudited consolidated statements of operations information for each quarter of fiscal 2018 and 2017:

        Three months ended        
                    Year ended
    Jun 30,   Mar 31,   Dec 31,   Sep 30,   June 30,
    2018   2018   2017   2017   2018
    (As restated)(1)   (As restated)(1)           (As restated)(1)
  (In thousands except per share data)
 
Revenue $ 149,194 $ 162,721 $ 148,416 $ 152,558 $ 612,889
Operating income   10,072   7,564   16,307   25,006   58,949
Net income attributable to Net1 $ 2,869 $ 32,375 $ 9,622 $ 19,483 $ 64,349
Net income per share, in United States dollars                    
Basic earnings attributable to Net1 shareholders $ 0.05 $ 0.57 $ 0.17 $ 0.34 $ 1.13
Diluted earnings attributable to Net1 shareholders . $ 0.05 $ 0.57 $ 0.17 $ 0.34 $ 1.13

     (1)  Net income attributable to Net1 and net income per share, basic and diluted, for the three months ended June 30, 2018 and March 31, 2018, and the year ended June 30, 2018, have been restated as discussed in Note 1. The Company's results were impacted as follows:

  • Three months ended March 31, 2018, includes an increase in net income attributable to Net1 of $29.4 million (net of taxation of $8.5 million), and net income per share, basic and diluted, each increased by $0.52;
  • Three months ended June 30, 2018, includes a decrease in net income attributable to Net1of $4.2 million (net of taxation of $1.2 million), and net income per share, basic and diluted, each decreased by $0.07; and
  • Year ended June 30, 2018, includes an increase in net income attributable to Net1of $25.2 million (net of taxation of $7.3 million), and net income per share, basic and diluted, each increased by $0.44.
 
  Three months ended    
                    Year ended
    Jun 30,   Mar 31,   Dec 31,   Sep 30,   June 30,
    2017   2017   2016   2016   2017
  (In thousands except per share data)
 
Revenue $ 155,056 $ 147,944 $ 151,433 $ 155,633 $ 610,066
Operating income   14,726   24,547   25,589   32,181   97,043
Net income attributable to Net1 $ 11,289 $ 18,392 $ 18,641 $ 24,632 $ 72,954
Net income per share, in United States dollars                    
Basic earnings attributable to Net1 shareholders $ 0.20 $ 0.34 $ 0.35 $ 0.46 $ 1.34
Diluted earnings attributable to Net1 shareholders . $ 0.20 $ 0.33 $ 0.35 $ 0.46 $ 1.33