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Pension Plans And Other Post Retirement Benefits
 12 Months Ended
Jun. 30, 2013
Compensation and Retirement Disclosure [Abstract]  
Pension Plans And Other Post Retirement Benefits
PENSION PLANS AND OTHER POST RETIREMENT BENEFITS
The following table provides details of our defined benefit pension plans and long-term employee benefit obligations for Open Text Document Technologies GmbH (CDT) and Open Text Software GmbH (IXOS) as of June 30, 2013 and June 30, 2012: 
 
As of June 30, 2013
 
Total  benefit
obligation
 
Current portion  of
benefit obligation*
 
Non-current portion of
benefit obligation
CDT defined benefit plan
$
23,871

 
$
535

 
$
23,336

CDT anniversary plan
425

 
49

 
376

CDT early retirement plan
—

 
—

 
—

IXOS defined benefit plans
797

 
—

 
797

Total
$
25,093

 
$
584

 
$
24,509

 
 
As of June 30, 2012
 
Total  benefit
obligation
 
Current portion  of
benefit obligation*
 
Non-current portion of
benefit obligation
CDT defined benefit plan
$
21,461

 
$
475

 
$
20,986

CDT anniversary plan
457

 
67

 
390

CDT early retirement plan
69

 
69

 
—

IXOS defined benefit plans
698

 
—

 
698

Total
$
22,685

 
$
611

 
$
22,074

 
*
The current portion of the benefit obligation has been included within "Accounts payable and accrued liabilities" in the Consolidated Balance Sheets.

CDT Defined Benefit Plan
CDT sponsors an unfunded defined benefit pension plan covering substantially all CDT employees (CDT pension plan) which provides for old age, disability and survivors’ benefits. Benefits under the CDT pension plan are generally based on age at retirement, years of service and the employee’s annual earnings. The net periodic cost of this pension plan is determined using the projected unit credit method and several actuarial assumptions, the most significant of which are the discount rate and estimated service costs.
The following are the details of the change in the benefit obligation for the CDT pension plan for the periods indicated: 
 
As of June 30, 2013
 
As of June 30, 2012
Benefit obligation—as of June 30, 2012
$
21,461

 
$
18,231

Service cost
457

 
326

Interest cost
888

 
873

Benefits paid
(466
)
 
(441
)
Actuarial loss
278

 
5,179

Foreign exchange (gain) loss
1,253

 
(2,707
)
Benefit obligation—as of June 30, 2013
23,871

 
21,461

Less: Current portion
(535
)
 
(475
)
Non current portion of benefit obligation
$
23,336

 
$
20,986


 
The following are the details of net pension expense for the CDT pension plan for the periods indicated:
 
 
 
Year Ended June 30,
 
 
2013
 
2012
 
2011
Pension expense:
 
 
 
 
 
 
Service cost
 
$
457

 
$
326

 
$
350

Interest cost
 
888

 
873

 
868

Amortization of actuarial gains and losses
 
277

 
—

 
—

Net pension expense
 
$
1,622

 
$
1,199

 
$
1,218


The CDT pension plan is an unfunded plan and therefore no contributions have been made since the inception of the plan. Actuarial gains and losses in excess of 10% of the greater of the projected benefit obligation or the market-related value of plan obligations are being amortized and recognized as a component of net periodic benefit costs over the average remaining service period of the plan's active employees. There is approximately $0.3 million in accumulated other comprehensive income related to the CDT pension plan that is expected to be recognized as a component of net periodic benefit costs over the next fiscal year.
In determining the fair value of the CDT pension plan benefit obligations as of June 30, 2013 and June 30, 2012, respectively, we used the following weighted-average key assumptions:
 
 
As of June 30, 2013
 
As of June 30, 2012
Assumptions:
 
 
 
Salary increases
2.50
%
 
2.50
%
Pension increases
2.00
%
 
2.00
%
Discount rate
3.50
%
 
4.00
%
Employee fluctuation rate:
 
 
 
to age 30
1.00
%
 
1.00
%
to age 35
0.50
%
 
0.50
%
to age 40
—
%
 
—
%
to age 45
0.50
%
 
0.50
%
to age 50
0.50
%
 
0.50
%
from age 51
1.00
%
 
1.00
%


Anticipated pension payments under the CDT pension plan for the fiscal years indicated below are as follows:
 
Fiscal years ending
June  30,

2014
$
535

2015
591

2016
654

2017
728

2018
780

2019 to 2023
5,137

Total
$
8,425


CDT Anniversary Plan
CDT’s long-term employee benefit obligations arise under CDT’s “anniversary plan”. The obligation is unfunded and is carried at its fair value.
IXOS Defined Benefit Plans
Included in our pension liability, as of June 30, 2013, is a net amount of $0.8 million (June 30, 2012—$0.7 million) that relates to two IXOS defined benefit pensions plans (IXOS pension plans) in connection with certain former members of the IXOS Board of Directors and certain IXOS employees, respectively. The net periodic pension cost with respect to the IXOS pension plans is determined using the projected unit credit method and several actuarial assumptions, the most significant of which are the discount rate and the expected return on plan assets.