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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
Revenues:        
License $ 84,113 $ 87,227 $ 297,588 $ 245,647
Cloud services and subscriptions 209,102 177,109 611,076 521,857
Customer support 312,279 263,436 915,753 693,298
Professional service and other 80,385 65,358 236,554 166,701
Total revenues 685,879 593,130 2,060,971 1,627,503
Cost of revenues:        
License 3,098 4,008 10,645 10,244
Cloud services and subscriptions 94,264 77,225 269,012 220,667
Customer support 33,820 34,442 99,805 87,529
Professional service and other 64,246 55,529 188,690 137,167
Amortization of acquired technology-based intangible assets (note 6) 47,303 39,285 138,391 87,268
Total cost of revenues 242,731 210,489 706,543 542,875
Gross profit 443,148 382,641 1,354,428 1,084,628
Operating expenses:        
Research and development 83,522 77,086 241,455 200,379
Sales and marketing 129,987 117,498 381,951 315,297
General and administrative 54,817 44,828 152,717 122,939
Depreciation 23,093 16,557 64,042 47,128
Amortization of acquired customer-based intangible assets (note 6) 46,762 40,825 136,819 108,248
Special charges (recoveries) (note 17) 2,644 20,586 21,390 44,157
Total operating expenses 340,825 317,380 998,374 838,148
Income from operations 102,323 65,261 356,054 246,480
Other income (expense), net 11,140 1,424 26,911 4,565
Interest and other related expense, net (34,534) (31,734) (101,914) (86,752)
Income before income taxes 78,929 34,951 281,051 164,293
Provision for (recovery of) income taxes (note 14) 20,129 13,239 100,644 (815,364)
Net income for the period 58,800 21,712 180,407 979,657
Net (income) loss attributable to non-controlling interests (6) (96) 94 (135)
Net income attributable to OpenText $ 58,794 $ 21,616 $ 180,501 $ 979,522
Earnings per share—basic attributable to OpenText (note 20) (in dollars per share) $ 0.22 $ 0.08 $ 0.68 $ 3.91
Earnings per share—diluted attributable to OpenText (note 20) (in dollars per share) $ 0.22 $ 0.08 $ 0.68 $ 3.88
Weighted average number of Common Shares outstanding—basic (in '000's) (in shares) 266,572 263,329 265,619 250,538
Weighted average number of Common Shares outstanding—diluted (in '000's) (in shares) 267,764 265,440 266,954 252,469
Dividends declared per Common Share (in dollars per share) $ 0.132000 $ 0.115000 $ 0.396 $ 0.345000