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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Revenues:        
License $ 64,397 $ 63,561 $ 197,584 $ 197,137
Cloud services and subscriptions 147,505 147,513 444,394 456,342
Customer support 183,636 184,204 553,440 547,576
Professional service and other 45,005 52,299 145,007 168,154
Total revenues 440,543 447,577 1,340,425 1,369,209
Cost of revenues:        
License 2,480 2,980 7,190 9,388
Cloud services and subscriptions 61,298 60,776 179,132 178,886
Customer support 22,427 24,084 64,624 70,878
Professional service and other 37,599 42,396 114,038 129,999
Amortization of acquired technology-based intangible assets 17,630 22,136 56,244 58,548
Total cost of revenues 141,434 152,372 421,228 447,699
Gross profit 299,109 295,205 919,197 921,510
Operating expenses:        
Research and development 48,160 53,222 140,310 144,134
Sales and marketing 84,600 97,146 248,420 269,167
General and administrative 37,731 45,552 107,067 120,962
Depreciation 13,754 12,809 39,998 37,516
Amortization of acquired customer-based intangible assets 27,966 28,250 83,564 79,498
Special charges (recoveries) (1,671) 5,622 24,754 4,032
Total operating expenses 210,540 242,601 644,113 655,309
Income from operations 88,569 52,604 275,084 266,201
Other income (expense), net 2,120 (9,550) (1,832) (28,737)
Interest and other related expense, net (16,228) (16,872) (54,461) (36,426)
Income before income taxes 74,461 26,182 218,791 201,038
Provision for income taxes 5,353 (309) 20,629 35,401
Net income for the period 69,108 26,491 198,162 165,637
Net (income) loss attributable to non-controlling interests 7 119 (75) (114)
Net income attributable to OpenText $ 69,115 $ 26,610 $ 198,087 $ 165,523
Earnings per share—basic attributable to OpenText (in dollars per share) $ 0.57 $ 0.22 $ 1.63 $ 1.36
Earnings per share—diluted attributable to OpenText (in dollars per share) $ 0.57 $ 0.22 $ 1.62 $ 1.35
Weighted average number of Common Shares outstanding—basic (in shares) 121,159 122,158 121,514 122,042
Weighted average number of Common Shares outstanding—diluted (in shares) 121,706 123,054 122,044 122,980
Dividends declared per Common Share (in dollars per share) $ 0.2000 $ 0.1725 $ 0.6000 $ 0.5175