XML 58 R46.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Acquisitions (Tables) | 9 Months Ended
--- | ---
Mar. 31, 2017
ECD Business |
Business Acquisition [Line Items] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The recognized amounts of identifiable assets acquired and liabilities assumed, based upon their preliminary fair values as of January 23, 2017, are set forth below:
Current assets | $ | 11,651 |
Non-current assets | 103,557 |
Intangible customer assets | 407,000 |
Intangible technology assets | 459,000 |
Liabilities assumed | (178,180 | )
Total identifiable net assets | 803,028 |
Goodwill | 819,366 |
Net assets acquired | $ | 1,622,394 |
Business Acquisition, Pro Forma Information | The amount of the ECD Business’ revenues and net loss included in our Condensed Consolidated Statements of Income for the three and nine months ended March 31, 2017 is set forth below:
| January 23, 2017 - March 31, 2017
Revenues | $ | 79,846 |
Net Loss* | $ | (16,582 | )
*Net loss includes one-time fees of approximately $12.2 million on account of special charges and $22.8 million of amortization charges relating to acquired intangible assets. These losses were partially offset by a tax recovery of $7.5 million. Net loss includes certain expenses that have been allocated to the ECD Business, as separately identifiable expenses are not available because of our continued efforts at fully integrating the ECD Business within our combined company. The unaudited pro forma revenues and net income of the combined entity for the three and nine months ended March 31, 2017 and 2016, respectively, had the acquisition been consummated as of July 1, 2015, are set forth below:
Supplemental Unaudited Pro forma Information | Three Months Ended March 31, |  | Nine Months Ended March 31,
| 2017 |  | 2016 |  | 2017 |  | 2016
Total revenues | $ | 631,664 |  |  | $ | 576,503 |  |  | $ | 1,962,090 |  |  | $ | 1,772,684 |
Net income (1)(2) | $ | 24,007 |  |  | $ | 83,924 |  |  | $ | 975,851 |  |  | $ | 245,714 |
(1) Included in pro forma net income for the periods above are estimated amortization charges relating to the allocated values of acquired intangible assets. (2) Included in net income for the nine months ended March 31, 2017 is a significant tax benefit of $876.1 million associated with the recognition of a net deferred tax asset ensuing from the Company’s internal reorganization that occurred in July 2016.
CCM Business |
Business Acquisition [Line Items] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The recognized amounts of identifiable assets acquired and liabilities assumed, based upon their preliminary fair values as of July 31, 2016, are set forth below:
Current assets | $ | 683 |
Non-current deferred tax asset | 11,861 |
Non-current tangible assets | 2,348 |
Intangible customer assets | 64,000 |
Intangible technology assets | 101,000 |
Liabilities assumed | (38,090 | )
Total identifiable net assets | 141,802 |
Goodwill | 173,198 |
Net assets acquired | $ | 315,000 |
Recommind Inc |
Business Acquisition [Line Items] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The recognized amounts of identifiable assets acquired and liabilities assumed, based upon their preliminary fair values as of July 20, 2016, are set forth below:
Current assets | $ | 30,034 |
Non-current tangible assets | 1,245 |
Intangible customer assets | 51,900 |
Intangible technology assets | 24,800 |
Deferred tax liabilities | (4,360 | )
Other liabilities assumed | (27,497 | )
Total identifiable net assets | 76,122 |
Goodwill | 93,985 |
Net assets acquired | $ | 170,107 |
ANXeBusiness Corp. |
Business Acquisition [Line Items] |
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 May 1, 2016, are set forth below:
Current assets | $ | 9,712 |
Non-current tangible assets | 511 |
Intangible customer assets | 49,700 |
Intangible technology assets | 5,600 |
Liabilities assumed | (26,204 | )
Total identifiable net assets | 39,319 |
Goodwill | 65,108 |
Net assets acquired | $ | 104,427 |
CEM Business |
Business Acquisition [Line Items] |
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 April 30, 2016, are set forth below:
Current assets | $ | 3,078 |
Non-current tangible assets | 14,302 |
Intangible customer assets | 33,000 |
Intangible technology assets | 47,000 |
Liabilities assumed | (24,887 | )
Total identifiable net assets | 72,493 |
Goodwill | 87,507 |
Net assets acquired | $ | 160,000 |

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_BusinessAcquisitionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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=73530397&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=otex_ECDBusinessMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=otex_CCMBusinessMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=otex_RecommindIncMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=otex_ANXeBusinessCorpMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=otex_CEMBusinessMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |