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Acquisitions (Tables) (Actuate Corporation [Member]) | 9 Months Ended
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Mar. 31, 2015
Actuate Corporation [Member] |
Business Acquisition, Pro Forma Information [Table Text Block] | The amount of Actuate’s revenues and net income included in our Condensed Consolidated Statements of Income for the three months ended March 31, 2015 is set forth below:
|  | January 16, 2015— March 31, 2015
Revenues |  | $ | 14,534 |
Net loss * |  | $ | (7,555 | )
* Net loss includes one-time fees of approximately $4.0 million on account of special charges, and $5.8 million of amortization charges relating to intangible assets. The unaudited pro forma revenues and net income of the combined entity for the three and nine months ended March 31, 2015 and 2014, respectively, had the acquisition been consummated as of July 1, 2013, are set forth below:
|  | Three Months Ended March 31, |  | Nine Months Ended March 31,
|  | 2015 |  | 2014 |  | 2015 |  | 2014
Supplemental Unaudited Pro forma Information |  |  |  |  |  |  |  |
Total revenues |  | $ | 450,432 |  |  | $ | 466,840 |  |  | $ | 1,424,824 |  |  | $ | 1,219,504 |
Net income (1) (2) |  | $ | 14,862 |  |  | $ | 37,946 |  |  | $ | 141,285 |  |  | $ | 115,528 |
(1) Included in pro forma net income for the three months ended March 31, 2015 are approximately $10.6 million of one-time expenses incurred by Actuate on account of the acquisition. These one-time expenses include i) approximately $3.4 million in employee change in control payments, ii) approximately $3.9 million of post-business combination compensation obligations associated with the acquisition, and iii) approximately $3.3 million of transaction fees triggered by the closing of the acquisition. In addition to the one-time expenses discussed above, included in pro forma net income for the nine months ended March 31, 2015 is another $2.2 million of transaction fees triggered by the closing of the acquisition. (2) Included in pro forma net income for the three and nine months ended March 31, 2015 are estimated amortization charges relating to the allocated values of intangible assets.
Schedule of Business Acquisitions, by Acquisition | The following tables summarize the preliminary consideration paid for Actuate and the amount of the assets acquired and liabilities assumed, as well as the goodwill recorded as of the acquisition date:
Cash consideration* | $ | 322,417 |
Actuate shares already owned by OpenText through open market purchases (at fair value) | 9,539 |
Preliminary purchase consideration | $ | 331,956 |
Acquisition-related costs (included in Special charges in the Condensed Consolidated Statements of Income) for the three months ended March 31, 2015 | $ | 1,164 |
Acquisition-related costs (included in Special charges in the Condensed Consolidated Statements of Income) for the nine months ended March 31, 2015 | $ | 3,252 |
*Inclusive of $8.2 million accrued for but unpaid as of March 31, 2015.
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The recognized amounts of identifiable assets acquired and liabilities assumed, based upon their fair values as of January 16, 2015, are set forth below:
Current assets (inclusive of cash acquired of $22,463) | $ | 78,307 |
Non-current tangible assets | 18,273 |
Intangible customer assets | 62,600 |
Intangible technology assets | 60,000 |
Liabilities assumed | (77,868 | )
Total identifiable net assets | 141,312 |
Goodwill | 190,644 |
Net assets acquired | $ | 331,956 |

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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1486-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=39739317&loc=d3e4845-128472 + Details
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