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Unaudited Quarterly Results | 12 Months Ended
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Jun. 30, 2019
Unaudited Quarterly Results [Abstract] |
Unaudited Quarterly Results | 24. UNAUDITED QUARTERLY RESULTS The following tables contain selected unaudited consolidated statements of operations information for each quarter of fiscal 2019 and 2018:
|  | Three months ended |  |  |  |
|  |  |  |  |  |  |  |  |  |  |  |  |  | Year ended |
|  | Jun 30, |  |  | Mar 31, |  |  | Dec 31, |  |  | Sep 30, |  |  | June 30, |
|  | 2019 |  |  | 2019 |  |  | 2018 |  |  | 2018 |  |  | 2019 |
|  | (In thousands except per share data) |
Revenue | $ | 51,472 |  | $ | 86,484 |  | $ | 97,150 |  | $ | 125,884 |  | $ | 360,990 |
Continuing (Q4 includes $19,709 refund) |  | 51,472 |  |  | 68,642 |  |  | 77,442 |  |  | 107,097 |  |  | 304,653 |
Discontinued |  | - |  |  | 17,842 |  |  | 19,708 |  |  | 18,787 |  |  | 56,337 |
Operating income |  | (49,646 | ) |  | (21,683 | ) |  | (43,075 | ) |  | 896 |  |  | (113,508 | )
Continuing |  | (49,646 | ) |  | (22,356 | ) |  | (48,901 | ) |  | (4,286 | ) |  | (125,189 | )
Discontinued |  | - |  |  | 673 |  |  | 5,826 |  |  | 5,182 |  |  | 11,681 |
Net income attributable to Net1 |  | (183,694 | ) |  | (54,784 | ) |  | (63,941 | ) |  | (5,199 | ) |  | (307,618 | )
Continuing |  | (183,694 | ) |  | (50,299 | ) |  | (65,469 | ) |  | (7,145 | ) |  | (306,607 | )
Discontinued | $ | - |  | $ | (4,485 | ) | $ | 1,528 |  | $ | 1,946 |  | $ | (1,011 | )
Net income per share, in United States dollars |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic earnings attributable to Net1 shareholders | ($ | 3.23 | ) | ($ | 0.96 | ) | ($ | 1.13 | ) | ($ | 0.09 | ) | ($ | 5.42 | )
Continuing | ($ | 3.23 | ) | ($ | 0.88 | ) | ($ | 1.16 | ) | ($ | 0.12 | ) | ($ | 5.40 | )
Discontinued | $ | 0.00 |  | ($ | 0.08 | ) | $ | 0.03 |  | $ | 0.03 |  | ($ | 0.02 | )
Diluted earnings attributable to Net1 shareholders . | ($ | 3.23 | ) | ($ | 0.96 | ) | ($ | 1.12 | ) | ($ | 0.09 | ) | ($ | 5.42 | )
Continuing | ($ | 3.23 | ) | ($ | 0.88 | ) | ($ | 1.15 | ) | ($ | 0.13 | ) | ($ | 5.40 | )
Discontinued | $ | 0.00 |  | ($ | 0.08 | ) | $ | 0.03 |  | $ | 0.03 |  | ($ | 0.02 | )
|  | Three months ended |  |  |
|  | Jun 30, |  |  | Mar 31, |  | Dec 31, |  | Sep 30, |  | Year ended |
|  | 2018 |  |  | 2018 |  | 2017 |  | 2017 |  | June 30, |
|  | (as |  |  |  |  |  |  |  |  | 2018 |
|  | restated A ) |  |  |  |  |  |  |  |  | (as restated A ) |
|  | (In thousands except per share data) |
Revenue | $ | 149,194 |  | $ | 162,721 | $ | 148,416 | $ | 152,558 | $ | 612,889 |
Continuing |  | 149,194 |  |  | 162,721 |  | 148,416 |  | 152,558 |  | 612,889 |
Discontinued |  | - |  |  | - |  | - |  | - |  | - |
Operating income |  | 10,072 |  |  | 7,564 |  | 16,307 |  | 25,006 |  | 58,949 |
Continuing |  | 14,686 |  |  | 7,564 |  | 16,307 |  | 25,006 |  | 63,563 |
Discontinued |  | (4,614 | ) |  | - |  | - |  | - |  | (4,614 | )
Net income attributable to Net1 |  | 2,766 |  |  | 32,375 |  | 9,622 |  | 19,483 |  | 64,246 |
Continuing |  | 5,577 |  |  | 29,084 |  | 8,576 |  | 18,618 |  | 61,855 |
Discontinued | $ | (2,811 | ) | $ | 3,291 | $ | 1,046 | $ | 865 | $ | 2,391 |
Net income per share, in United States dollars |  |  |  |  |  |  |  |  |  |  |  |
Basic earnings attributable to Net1 shareholders | $ | 0.05 |  | $ | 0.57 | $ | 0.17 | $ | 0.34 | $ | 1.13 |
Continuing | $ | 0.10 |  | $ | 0.51 | $ | 0.15 | $ | 0.32 | $ | 1.09 |
Discontinued | $ | (0.05 | ) | $ | 0.06 | $ | 0.02 | $ | 0.02 | $ | 0.04 |
Diluted earnings attributable to Net1 shareholders . | $ | 0.05 |  | $ | 0.57 | $ | 0.17 | $ | 0.34 | $ | 1.13 |
Continuing | $ | 0.10 |  | $ | 0.51 | $ | 0.15 | $ | 0.32 | $ | 1.09 |
Discontinued | $ | (0.05 | ) | $ | 0.06 | $ | 0.02 | $ | 0.02 | $ | 0.04 |
(A) Certain amounts have been restated to correct the misstatement discussed in Note 1. The impact of the restatement for the year ended June 30, 2018, has been recorded during the three months ended June 30, 2018.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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