XML 51 R39.htm IDEA: XBRL DOCUMENT v3.6.0.2

Pension Plans and Other Post Retirement Benefits (Tables)

6 Months Ended

Dec. 31, 2016

Compensation and Retirement Disclosure [Abstract]

Schedule of Defined Benefit Plan and Long-Term Employee Benefit Obligations

The following table provides details of our defined benefit pension plans and long-term employee benefit obligations for Open Text Document Technologies GmbH (CDT), GXS GmbH (GXS GER) and GXS Philippines, Inc. (GXS PHP) as of December 31, 2016 and June 30, 2016:

	As of December 31, 2016
	Total benefit obligation				Current portion of benefit obligation*				Non-current portion of benefit obligation
CDT defined benefit plan	$	27,293			$	578			$	26,715
GXS Germany defined benefit plan	23,151				777				22,374
GXS Philippines defined benefit plan	3,937				73				3,864
Other plans	3,029				155				2,874
Total	$	57,410			$	1,583			$	55,827

	As of June 30, 2016
	Total benefit obligation				Current portion of benefit obligation*				Non-current portion of benefit obligation
CDT defined benefit plan	$	29,450			$	589			$	28,861
GXS Germany defined benefit plan	24,729				772				23,957
GXS Philippines defined benefit plan	7,341				30				7,311
Other plans	3,330				1,466				1,864
Total	$	64,850			$	2,857			$	61,993

*The current portion of the benefit obligation has been included within "Accrued salaries and commissions", all within "Accounts payable and accrued liabilities" in the Condensed Consolidated Balance Sheets (see note 9 "Accounts Payable and Accrued Liabilities").

Schedule of the Change in the Benefit Obligation of Defined Benefit Plan

The following are the details of the change in the benefit obligation for each of the above mentioned pension plans for the periods indicated:

	As of December 31, 2016																As of June 30, 2016
	CDT				GXS GER				GXS PHP				Total				CDT				GXS GER				GXS PHP				Total
Benefit obligation—beginning of period	$	29,450			$	24,729			$	7,341			$	61,520			$	26,091			$	22,420			$	7,025			$	55,536
Service cost	232				195				642				1,069				422				359				1,628				2,409
Interest cost	226				186				121				533				610				543				314				1,467
Benefits paid	(228		)		(391		)		(26		)		(645		)		(534		)		(770		)		(190		)		(1,494		)
Actuarial (gain) loss	(768		)		(218		)		(3,836		)		(4,822		)		3,299				2,564				(1,145		)		4,718
Foreign exchange (gain) loss	(1,619		)		(1,350		)		(305		)		(3,274		)		(438		)		(387		)		(291		)		(1,116		)
Benefit obligation—end of period	27,293				23,151				3,937				54,381				29,450				24,729				7,341				61,520
Less: Current portion	(578		)		(777		)		(73		)		(1,428		)		(589		)		(772		)		(30		)		(1,391		)
Non-current portion of benefit obligation	$	26,715			$	22,374			$	3,864			$	52,953			$	28,861			$	23,957			$	7,311			$	60,129

Components of Net Pension Expense for Pension Plan

The following are details of net pension expense relating to the following pension plans:

		Three Months Ended December 31,
		2016																2015
Pension expense:		CDT				GXS GER				GXS PHP				Total				CDT				GXS GER				GXS PHP				Total
Service cost		$	112			$	94			$	203			$	409			$	104			$	85			$	424			$	613
Interest cost		109				90				45				244				151				137				81				369
Amortization of actuarial (gains) and losses		150				40				(12		)		178				105				11				—				116
Net pension expense		$	371			$	224			$	236			$	831			$	360			$	233			$	505			$	1,098

		Six Months Ended December 31,
		2016																2015
Pension expense:		CDT				GXS GER				GXS PHP				Total				CDT				GXS GER				GXS PHP				Total
Service cost		$	232			$	195			$	642			$	1,069			$	211			$	188			$	851			$	1,250
Interest cost		226				186				121				533				305				265				162				732
Amortization of actuarial (gains) and losses		310				83				(24		)		369				212				11				—				223
Net pension expense		$	768			$	464			$	739			$	1,971			$	728			$	464			$	1,013			$	2,205

Schedule of Weighted-Average Key Assumptions Used for CDT Pension Plan

In determining the fair value of the pension plan benefit obligations as of December 31, 2016 and June 30, 2016, respectively, we used the following weighted-average key assumptions:

	As of December 31, 2016						As of June 30, 2016
	CDT		GXS GER		GXS PHP		CDT		GXS GER		GXS PHP
Assumptions:
Salary increases	2.00%		2.00%		6.20%		2.00%		2.00%		6.20%
Pension increases	1.75%		2.00%		3.25%		1.75%		2.00%		4.75%
Discount rate	1.72%		1.72%		5.25%		1.56%		1.56%		4.25%
Normal retirement age	65		65-67		60		65		65-67		60
Employee fluctuation rate:
to age 20	—%		N/A		12.19%		—%		N/A		7.90%
to age 25	—%		N/A		16.58%		—%		N/A		5.70%
to age 30	1.00%		N/A		13.97%		1.00%		N/A		4.10%
to age 35	0.50%		N/A		10.77%		0.50%		N/A		2.90%
to age 40	—%		N/A		7.39%		—%		N/A		1.90%
to age 45	0.50%		N/A		3.28%		0.50%		N/A		1.40%
to age 50	0.50%		N/A		—%		0.50%		N/A		—%
from age 51	1.00%		N/A		—%		1.00%		N/A		—%

Anticipated Pension Payments Under Pension Plan

Anticipated pension payments under the pension plans for the fiscal years indicated below are as follows:

	Fiscal years ending June 30,
	CDT				GXS GER				GXS PHP
2017 (six months ended June 30)	$	279			$	368			$	36
2018	598				819				88
2019	669				874				129
2020	731				923				147
2021	809				936				240
2022 to 2026	4,780				5,175				1,696
Total	$	7,866			$	9,095			$	2,336

X

- Definition

Schedule of Defined Benefit Plan and Long Term Employee Benefit Obligation [Table Text Block]

+ References

No definition available.

+ Details

Name:	otex_ScheduleOfDefinedBenefitPlanAndLongTermEmployeeBenefitObligationTableTextBlock
Namespace Prefix:	otex_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (k)
-URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfAssumptionsUsedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the change in the benefit obligation of pension plans and/or other employee benefit plans from the beginning to the end of the period, showing separately, if applicable, the effects of the following: service cost, interest cost, contributions by plan participants, actuarial gains and losses, foreign currency exchange rate changes, benefits paid, plan amendments, business combinations, divestitures, curtailments, settlements, and special and contractual termination benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfChangesInProjectedBenefitObligationsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfNetBenefitCostsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration