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Earnings Per Share
3 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Basic earnings per share are computed by dividing net income, attributable to OpenText, by the weighted average number of Common Shares outstanding during the period. Diluted earnings per share are computed by dividing net income, attributable to OpenText, by the shares used in the calculation of basic earnings per share plus the dilutive effect of Common Share equivalents, such as stock options, using the treasury stock method. Common Share equivalents are excluded from the computation of diluted earnings per share if their effect is anti-dilutive.
 
Three Months Ended September 30,
 
2018
 
2017
Basic earnings per share
 
 
 
Net income attributable to OpenText
$
36,324

 
$
36,596

Basic earnings per share attributable to OpenText
$
0.14

 
$
0.14

Diluted earnings per share
 
 
 
Net income attributable to OpenText
$
36,324

 
$
36,596

Diluted earnings per share attributable to OpenText
$
0.13

 
$
0.14

Weighted-average number of shares outstanding
 
 
 
Basic
268,028

 
264,802

Effect of dilutive securities
1,359

 
1,433

Diluted
269,387

 
266,235

Excluded as anti-dilutive(1)
1,868

 
2,474


(1) Represents options to purchase Common Shares excluded from the calculation of diluted earnings per share because the exercise price of the stock options was greater than or equal to the average price of the Common Shares during the period.