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Segment Information (Tables)
9 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table presents information about the reportable segments for the three months ended March 31, 2024:

(in thousands)SeniorHealthcare ServicesLifeAuto & HomeCorp & ElimsConsolidated
Revenue$204,259 $124,207 $40,686 $9,134 $(1,886)(1)$376,400 
Operating expenses(142,765)(122,598)(37,548)(5,524)(21,355)(2)(329,790)
Other income (expense), net— — — (1)(11)(12)
Adjusted EBITDA$61,494 $1,609 $3,138 $3,609 $(23,252)46,598 
Share-based compensation expense(3,515)
Transaction costs(3)
(3,325)
Depreciation and amortization(6,704)
Loss on disposal of property, equipment, and software(4)
Interest expense, net(24,330)
Income tax expense
(169)
Net income
$8,551 
(1) Revenue in the Corp & Elims division represents intercompany revenue eliminated between segments, including for lead generation referrals from InsideResponse (within Senior) and referrals between the other segments.
(2) Operating expenses in the Corp & Elims division primarily include $16.2 million in salaries and benefits for certain general, administrative, and IT related departments and $3.9 million in professional services fees.
(3) These expenses primarily consist of financing transaction costs and non-restructuring severance expenses.

The following table presents information about the reportable segments for the three months ended March 31, 2023:

(in thousands)SeniorHealthcare ServicesLifeAuto & HomeCorp & ElimsConsolidated
Revenue$185,200 $70,725 $36,950 $8,238 $(1,715)(1)$299,398 
Operating expenses(126,034)(74,091)(31,446)(5,648)(17,947)(2)(255,166)
Other income (expense), net— — (201)1 (6)(206)
Adjusted EBITDA$59,166 $(3,366)$5,303 $2,591 $(19,668)44,026 
Share-based compensation expense(2,959)
Transaction costs (3)
(433)
Depreciation and amortization(7,098)
Loss on disposal of property, equipment, and software(15)
Interest expense, net(21,105)
Income tax expense
(3,152)
Net income
$9,264 
(1) Revenue in the Corp & Elims division represents intercompany revenue eliminated between segments, including for lead generation referrals from InsideResponse (within Senior) and referrals between the other segments.
(2) Operating expenses in the Corp & Elims division primarily include $12.6 million in salaries and benefits for certain general, administrative, and IT related departments and $4.6 million in professional services fees.
(3) These expenses consist of costs related to the Senior Secured Credit Facility and non-restructuring severance expenses.

The following table presents information about the reportable segments for the nine months ended March 31, 2024:

(in thousands)SeniorHealthcare ServicesLifeAuto & HomeCorp & ElimsConsolidated
Revenue$541,705 $333,284 $115,855 $28,649 $(4,926)(1)$1,014,567 
Operating expenses(402,834)(326,373)(102,910)(16,994)(62,770)(2)(911,881)
Other income (expense), net— — — (1)(50)(51)
Adjusted EBITDA$138,871 $6,911 $12,945 $11,654 $(67,746)102,635 
Share-based compensation expense(10,512)
Transaction costs(3)
(7,629)
Depreciation and amortization(18,591)
Loss on disposal of property, equipment, and software(13)
Interest expense, net(70,141)
Income tax benefit
1,143 
Net loss
$(3,108)
(1) Revenue in the Corp & Elims division represents intercompany revenue eliminated between segments primarily for lead generation referrals from InsideResponse (within Senior) to the other segments.
(2) Operating expenses in the Corp & Elims division primarily include $46.7 million in salaries and benefits for certain general, administrative, and IT related departments and $12.0 million in professional services fees.
(3) These expenses primarily consist of financing transaction costs and non-restructuring severance expenses.

The following table presents information about the reportable segments for the nine months ended March 31, 2023:
(in thousands)SeniorHealthcare ServicesLifeAuto & HomeCorp & ElimsConsolidated
Revenue$486,541 $169,270 $107,780 $23,128 $(5,649)(1)$781,070 
Operating expenses(347,608)(193,726)(91,409)(15,812)(52,270)(2)(700,825)
Other income (expense), net— — — (1)(117)(118)
Adjusted EBITDA$138,933 $(24,456)$16,371 $7,315 $(58,036)80,127 
Share-based compensation expense(8,525)
Transaction costs (3)
(3,003)
Depreciation and amortization(21,087)
Loss on disposal of property, equipment, and software(386)
Interest expense, net(58,885)
Income tax benefit
1,053 
Net loss
$(10,706)
(1) Revenue in the Corp & Elims division represents intercompany revenue eliminated between segments primarily for lead generation referrals from InsideResponse (within Senior) to the other segments.
(2) Operating expenses in the Corp & Elims division primarily include $36.8 million in salaries and benefits for certain general, administrative, and IT related departments and $13.8 million in professional services fees.
(3)These expenses primarily consist of costs related to the Fourth Amendment to the Senior Secured Credit Facility and non-restructuring severance expenses.