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Pension Plans And Other Post Retirement Benefits | 9 Months Ended
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Mar. 31, 2014
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), Open Text Software GmbH (IXOS), GXS GmbH (GXS Germany) and GXS Philippines, Inc. (GXS Philippines) as of March 31, 2014 and June 30, 2013:
| As of March 31, 2014
| Total benefit obligation |  | Current portion of benefit obligation* |  | Non-current portion of benefit obligation
CDT defined benefit plan | $ | 27,704 |  |  | $ | 636 |  |  | $ | 27,068 |
GXS Germany defined benefit plan** | 24,045 |  |  | 956 |  |  | 23,089 |
GXS Philippines defined benefit plan** | 4,601 |  |  | 11 |  |  | 4,590 |
CDT anniversary plan | 433 |  |  | 100 |  |  | 333 |
IXOS defined benefit plans | 837 |  |  | — |  |  | 837 |
Total | $ | 57,620 |  |  | $ | 1,703 |  |  | $ | 55,917 |
| 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 |
GXS GmbH defined benefit plan** | — |  |  | — |  |  | — |
GXS Philippines, Inc. defined benefit plan** | — |  |  | — |  |  | — |
CDT anniversary plan | 425 |  |  | 49 |  |  | 376 |
IXOS defined benefit plans | 797 |  |  | — |  |  | 797 |
Total | $ | 25,093 |  |  | $ | 584 |  |  | $ | 24,509 |
* | The current portion of the benefit obligation has been included within "Accounts payable and accrued liabilities" in the Condensed Consolidated Balance Sheets.
** | These plans were acquired as part of our acquisition of GXS on January 16, 2014.
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 March 31, 2014 |  | As of June 30, 2013
Benefit obligation—beginning of period | $ | 23,871 |  |  | $ | 21,461 |
Service cost | 344 |  |  | 457 |
Interest cost | 658 |  |  | 888 |
Benefits paid | (387 | ) |  | (466 | )
Actuarial (gain) loss | 1,738 |  |  | 278 |
Foreign exchange (gain) loss | 1,480 |  |  | 1,253 |
Benefit obligation—end of period | 27,704 |  |  | 23,871 |
Less: Current portion | (636 | ) |  | (535 | )
Non-current portion of benefit obligation | $ | 27,068 |  |  | $ | 23,336 |
The following are the details of net pension expense for the CDT pension plan for the periods indicated:
|  | Three Months Ended March 31, |  | Nine Months Ended March 31,
|  | 2014 |  | 2013 |  | 2014 |  | 2013
Pension expense: |  |  |  |  |  |  |  |
Service cost |  | $ | 116 |  |  | $ | 113 |  |  | $ | 344 |  |  | $ | 343 |
Interest cost |  | 222 |  |  | 220 |  |  | 658 |  |  | 666 |
Amortization of actuarial gains and losses |  | 70 |  |  | 69 |  |  | 208 |  |  | 208 |
Net pension expense |  | $ | 408 |  |  | $ | 402 |  |  | $ | 1,210 |  |  | $ | 1,217 |
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 projected benefit obligation 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. As of March 31, 2014 there is approximately $0.1 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 remaining fiscal year. In determining the fair value of the CDT pension plan benefit obligations as of March 31, 2014 and June 30, 2013, respectively, we used the following weighted-average key assumptions:
| As of March 31, 2014 |  | As of June 30, 2013
Assumptions: |  |  |
Salary increases | 2.50 | % |  | 2.50 | %
Pension increases | 2.00 | % |  | 2.00 | %
Discount rate | 3.30 | % |  | 3.50 | %
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 (three months ending June 30) | $ | 159 |
2015 | 656 |
2016 | 732 |
2017 | 798 |
2018 | 856 |
2019 to 2023 | 6,626 |
Total | $ | 9,827 |
GXS Germany Defined Benefit Plan As part of our acquisition of GXS, we acquired an unfunded defined benefit pension plan covering certain German employees which provides for old age, disability and survivors' benefits. The GXS Germany plan has been closed to new participants since 2006. Benefits under the GXS Germany plan are generally based on a participant’s remuneration, date of hire, years of eligible service and age at retirement. 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. All information presented below for the GXS Germany plan is presented for the period indicated, starting on January 16, 2014, when such plan was assumed on the acquisition of GXS. The following are the details of the change in the benefit obligation for the GXS Germany plan for the period indicated:
| As of March 31, 2014
Benefit obligation—as of January 16, 2014 | $ | 23,637 |
Service cost | 87 |
Interest cost | 206 |
Benefits paid | (231 | )
Actuarial (gain) loss | 14 |
Foreign exchange (gain) loss | 332 |
Benefit obligation—end of period | 24,045 |
Less: Current portion | (956 | )
Non-current portion of benefit obligation | $ | 23,089 |
The following are the details of net pension expense for the GXS Germany plan for the period indicated:
|  | Three Months Ended March 31, 2014
Pension expense: |  |
Service cost |  | $ | 87 |
Interest cost |  | 206 |
Net pension expense |  | $ | 293 |
The GXS Germany plan is an unfunded plan and therefore no contributions have been made since the inception of the plan. If actuarial gains and losses are in excess of 10% of the projected benefit obligation, such gains and losses will be amortized and recognized as a component of net periodic benefit costs over the average remaining service period of the plan’s active employees. In determining the fair value of the GXS Germany plan obligations as of March 31, 2014, we used the following weighted-average key assumptions:
| As of March 31, 2014
Assumptions: |
Salary increases | 2.00%
Pension increases | 2.00%
Discount rate | 3.35%
Normal retirement age | 65-67
Anticipated pension payments under the GXS Germany plan for the fiscal years indicated below are as follows:
| Fiscal years ending June 30,
2014 (three months ending June 30) | $ | 239 |
2015 | 969 |
2016 | 1,020 |
2017 | 1,112 |
2018 | 1,219 |
2019 to 2023 | 7,715 |
Total | $ | 12,274 |
GXS Philippines Defined Benefit Plan As part of our acquisition of GXS, we acquired an unfunded defined benefit pension plan covering substantially all of the GXS Philippines employees which provides for retirement, disability and survivors' benefits. Benefits under the GXS Philippines plan are generally based on a participant’s remuneration, years of eligible service and age at retirement. 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. All information presented below for the GXS Philippines plan is presented for the period indicated, starting on January 16, 2014, when such plan was assumed on the acquisition of GXS. The following are the details of the change in the benefit obligation for the GXS Philippines plan for the period indicated:
| As of March 31, 2014
Benefit obligation—as of January 16, 2014 | $ | 5,182 |
Service cost | 358 |
Interest cost | 62 |
Benefits paid | (48 | )
Actuarial (gain) loss | (972 | )
Foreign exchange (gain) loss | 19 |
Benefit obligation—end of period | 4,601 |
Less: Current portion | (11 | )
Non-current portion of benefit obligation | $ | 4,590 |
The following are the details of net pension expense for the GXS Philippines plan for the period indicated:
|  | Three Months Ended March 31, 2014
Pension expense: |  |
Service cost |  | $ | 358 |
Interest cost |  | 62 |
Net pension expense |  | $ | 420 |
The GXS Philippines plan is an unfunded plan and, aside from an initial contribution which currently has a fair value of approximately $36.0 thousand, no additional contributions have been made since the inception of the plan. If actuarial gains and losses are in excess of 10% of the projected benefit obligation, such gains and losses will be amortized and recognized as a component of net periodic benefit costs over the average remaining service period of the plan’s active employees. In determining the fair value of the GXS Philippines plan obligations as of March 31, 2014, we used the following weighted-average key assumptions:
| As of March 31, 2014
Assumptions: |
Salary increases | 7.00%
Pension increases | 6.00%
Discount rate | 5.40%
Normal retirement age | 60
Anticipated pension payments under the GXS Philippines plan for the fiscal years indicated below are as follows:
| Fiscal years ending June 30,
2014 (three months ending June 30) | $ | 3 |
2015 | 15 |
2016 | 28 |
2017 | 37 |
2018 | 52 |
2019 to 2023 | 1,115 |
Total | $ | 1,250 |
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 March 31, 2014, is a net amount of $0.8 million (June 30, 2013—$0.8 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.

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- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
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