Earnings Per Share

12 Months Ended

Jun. 30, 2016

EARNINGS PER SHARE

Basic earnings per share are computed by dividing net income, attributable to OpenText, by the weighted average number of Common Shares outstanding during the period. Diluted earnings per share are computed by dividing net income, attributable to OpenText, by the shares used in the calculation of basic earnings per share plus the dilutive effect of Common Share equivalents, such as stock options, using the treasury stock method. Common Share equivalents are excluded from the computation of diluted earnings per share if their effect is anti-dilutive.



	Year Ended June 30,
	2016		2015		2014
Basic earnings per share
Net income attributable to OpenText	$	284,477	$	234,327	$	218,125
Basic earnings per share attributable to OpenText	$	2.34	$	1.92	$	1.82
Diluted earnings per share
Net income attributable to OpenText	$	284,477	$	234,327	$	218,125
Diluted earnings per share attributable to OpenText	$	2.33	$	1.91	$	1.81
Weighted-average number of shares outstanding
Basic	121,463		122,092		119,674
Effect of dilutive securities	575		865		902
Diluted	122,038		122,957		120,576
Excluded as anti-dilutive*	2,729		1,859		880

* Represents options to purchase Common Shares excluded from the calculation of diluted earnings per share because the exercise price of the stock options was greater than or equal to the average price of the Common Shares during the period.