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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Jun. 30, 2016
ASSETS    
Cash and cash equivalents $ 443,357 $ 1,283,757
Short-term investments 0 11,839
Accounts receivable trade, net of allowance for doubtful accounts of $6,319 as of June 30, 2017 and $6,740 as of June 30, 2016 (note 3) 445,812 285,904
Income taxes recoverable (note 14) 32,683 31,752
Prepaid expenses and other current assets 81,625 59,021
Total current assets 1,003,477 1,672,273
Property and equipment (note 4) 227,418 183,660
Goodwill (note 5) 3,416,749 2,325,586
Acquired intangible assets (note 6) 1,472,542 646,240
Deferred tax assets (note 14) 1,215,712 241,161
Other assets (note 7) 93,763 53,697
Deferred charges (note 8) 42,344 22,776
Long-term income taxes recoverable (note 14) 8,557 8,751
Total assets 7,480,562 5,154,144
Current liabilities:    
Accounts payable and accrued liabilities (note 9) 342,120 257,450
Current portion of long-term debt (note 10) 182,760 8,000
Deferred revenues 570,328 373,549
Income taxes payable (note 14) 31,835 32,030
Total current liabilities 1,127,043 671,029
Long-term liabilities:    
Accrued liabilities (note 9) 50,338 29,848
Deferred credits (note 8) 5,283 8,357
Pension liability (note 11) 58,627 61,993
Long-term debt (note 10) 2,387,057 2,137,987
Deferred revenues 61,678 37,461
Long-term income taxes payable (note 14) 162,493 149,041
Deferred tax liabilities (note 14) 94,724 79,231
Total long-term liabilities 2,820,200 2,503,918
Shareholders’ equity:    
Share capital (note 12) 264,059,567 and 242,809,354 Common Shares issued and outstanding at June 30, 2017 and June 30, 2016, respectively; authorized Common Shares: unlimited 1,439,850 817,788
Additional paid-in capital 173,604 147,280
Accumulated other comprehensive income 48,800 46,310
Retained earnings 1,897,624 992,546
Treasury stock, at cost (1,101,612 shares at June 30, 2017 and 1,267,294 at June 30, 2016, respectively) (27,520) (25,268)
Total OpenText shareholders' equity 3,532,358 1,978,656
Non-controlling interests 961 541
Total shareholders’ equity 3,533,319 1,979,197
Total liabilities and shareholders’ equity $ 7,480,562 $ 5,154,144