XML 87 R53.htm IDEA: XBRL DOCUMENT v3.19.3
Operating Segments (Tables)
12 Months Ended
Jun. 30, 2019
Operating Segments [Abstract]  
Reconciliation Of Reportable Segments Revenue

 

        Revenue            
        Corporate/         From  
    Reportable   Eliminations   Inter-   external  
    Segment   (Note 13)     segment   customers  
South African transaction processing $ 96,038 $ -   $ 6,990 $ 89,048  
International transaction processing   148,268   -     -   148,268  
Financial inclusion and applied technologies   146,184   -     2,801   143,383  
Reportable segments   390,490   -     9,791   380,699  
Corporate/Eliminations revenue refund   -   (19,709 )   -   (19,709 )
Total for the year ended June 30, 2019 $ 390,490 ($ 19,709 ) $ 9,791 $ 360,990  
South African transaction processing $ 268,047 $ -   $ 29,949 $ 238,098  
International transaction processing   180,027   -     -   180,027  
Financial inclusion and applied technologies   221,906   -     27,142   194,764  
Total for the year ended June 30, 2018 $ 669,980 $ -   $ 57,091 $ 612,889  
South African transaction processing $ 249,144 $ -   $ 24,518 $ 224,626  
International transaction processing   176,729   -     -   176,729  
Financial inclusion and applied technologies   235,901   -     27,190   208,711  
Total for the year ended June 30, 2017 $ 661,774 $ -   $ 51,708 $ 610,066  
Reconciliation Of Reportable Segments Measure Of Profit Or Loss To Income
    For the years ended June 30,  
    2019(1)   2018     2017  
Reportable segments measure of profit or loss $ (42,692 ) $ 85,690   $ 130,799  
Operating loss: Corporate/Eliminations   (70,816 )   (26,741 )   (33,756 )
Change in fair value of equity securities   (167,459 )   32,473     -  
Loss on disposal of DNI   (5,771 )   -     -  
Interest income   7,229     17,885     20,897  
Interest expense   (10,724 )   (8,941 )   (3,484 )
Impairment of Cedar Cellular note   (12,793 )   -     -  
(Loss) Income before income taxes $ (303,026 ) $ 100,366   $ 114,456  

 

(1) - Operating loss: Corporate/Eliminations includes $34.0 million related to the accrual referred to in Note 13.

 

Summary Of Segment Information

 

    For the years ended June 30,  
    2019     2018     2017  
Revenues                  
South African transaction processing $ 96,038   $ 268,047   $ 249,144  
International transaction processing   148,268     180,027     176,729  
Financial inclusion and applied technologies   146,184     221,906     235,901  
Continuing   89,847     221,906     235,901  
Discontinued   56,337     -     -  
Total   390,490     669,980     661,774  
Continuing   334,153     669,980     661,774  
Discontinued   56,337     -     -  
Operating income (loss)                  
South African transaction processing(1)   (30,771 )   42,796     59,309  
International transaction processing   2,837     (12,478 )   13,705  
Financial inclusion and applied technologies(1)   (14,758 )   55,372     57,785  
Continuing(1)   (39,158 )   55,372     57,785  
Discontinued   24,400     -     -  
Subtotal: Operating segments   (42,692 )   85,690     130,799  
Corporate/Eliminations   (70,816 )   (26,741 )   (33,756 )
Continuing   (58,097 )   (22,127 )   (33,756 )
Discontinued   (12,719 )   (4,614 )   -  
Total(1)   (113,508 )   58,949     97,043  
Continuing(1)   (125,189 )   63,563     97,043  
Discontinued   11,681     (4,614 )   -  
Depreciation and amortization                  
South African transaction processing   3,612     4,625     4,614  
International transaction processing   9,962     17,627     21,366  
Financial inclusion and applied technologies   1,968     1,441     1,422  
Continuing   1,355     1,441     1,422  
Discontinued   613     -     -  
Subtotal: Operating segments   15,542     23,693     27,402  
Corporate/Eliminations   21,807     11,791     13,976  
Continuing   14,394     11,791     13,976  
Discontinued   7,413     -     -  
Total   37,349     35,484     41,378  
Continuing   29,323     35,484     41,378  
Discontinued   8,026     -     -  
Expenditures for long-lived assets                  
South African transaction processing   3,590     3,988     2,473  
International transaction processing   3,607     4,397     7,745  
Financial inclusion and applied technologies   2,219     1,264     977  
Continuing   1,488     1,264     977  
Discontinued   731     -     -  
Subtotal: Operating segments   9,416     9,649     11,195  
Corporate/Eliminations   -     -     -  
Total   9,416     9,649     11,195  
Continuing   8,685     9,649     11,195  
Discontinued $ 731   $ -   $ -  

 

 

     (1) South African transaction processing and Financial inclusion and applies technologies include retrenchment costs for the year ended June 30, 2019, of: $4,665 and $1,604, respectively, for total retrenchment costs for the year ended June 30, 2019, of $6,269. The retrenchment costs are included in selling, general and administration expense on the consolidated statement of operations for the year ended June 30, 2019.

 

Long-Lived Assets Based On Geographical Location

 

  Long-lived assets
    2019   2018   2017
        (as   (as
        restatedA )   restatedB )
 
South Africa $ 143,924 $ 496,442 $ 72,443
South Korea   149,390   177,388   192,473
Rest of world   83,972   116,643   77,723
Total $ 377,286 $ 790,473 $ 342,639

 

(A) The South Africa and total amounts have been restated by $1,976 to correct the misstatement discussed in Note 1.

(B) The South Africa and total amounts have been restated by $1,927 to correct the misstatement discussed in Note 1.