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Basis of Presentation (Tables)
 3 Months Ended
Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles As a result, certain prior period comparative figures in the Condensed Consolidated Statements of Income for the three months ended September 30, 2017 have been adjusted to conform to current period presentation as follows:
 
Three Months Ended September 30, 2017
 
As Previously Reported
 
Adjustments
 
As Adjusted
Cost of revenues - Cloud services
$
84,330

 
$
(196
)
 
$
84,134

Cost of revenues - Customer Support
32,791

 
(21
)
 
32,770

Cost of revenues - Professional service and other
59,459

 
(31
)
 
59,428

Total cost of revenues
223,500

 
(248
)
 
223,252

Gross profit
417,187

 
248

 
417,435

Research and Development
77,629

 
(55
)
 
77,574

Sales and Marketing
122,822

 
(207
)
 
122,615

General and administrative
48,915

 
(13
)
 
48,902

Total operating expense
330,064

 
(275
)
 
329,789

Income from operations
87,123

 
523

 
87,646

Interest and other related expense, net
(33,288
)
 
(523
)
 
(33,811
)
As a result, certain prior period comparative figures in the Condensed Consolidated Statements of Cash Flows have been adjusted to conform to current period presentation as follows:
 
Three Months Ended September 30, 2017
 
As Previously Reported
 
Adjustments
 
As Adjusted
 
 
 
 
 
 
Net cash provided by operating activities
$
67,102

 
$
144

 
$
67,246

 
 
 
 
 
 
Cash, cash equivalents and restricted cash at beginning of period
443,357

 
2,853

 
446,210

Increase (decrease) in cash, cash equivalents and restricted cash during the period
(66,967
)
 
144

 
(66,823
)
Cash, cash equivalents and restricted cash at end of period
$
376,390

 
$
2,997

 
$
379,387

The following tables summarize the impacts of adopting Topic 606 on our condensed consolidated balance sheets, statements of income and cash flows, all as compared to proforma balances illustrating if ASC Topic 605 "Revenue Recognition" (Topic 605) had still been in effect. Financial statement line items that were not impacted by the adoption of Topic 606 have been excluded from the tables below.

Condensed Consolidated Balance Sheet
 
As of September 30, 2018
 
As reported under
Topic 606
 
Adjustments
 
Proforma as if Topic 605 was in effect
ASSETS
 
 
 
 
 
Contract assets
$
8,767

 
$
(8,767
)
 
$
—

Prepaid expenses and other current assets
80,624

 
6,481

 
87,105

Total current assets
1,325,106

 
(2,286
)
 
1,322,820

Long-term contract assets
12,041

 
(12,041
)
 
—

Deferred tax assets
1,106,377

 
8,004

 
1,114,381

Other assets
116,536

 
(179
)
 
116,357

Total assets
$
7,619,048

 
$
(6,502
)
 
$
7,612,546

LIABILITIES AND SHAREHOLDERS’ EQUITY
 
 
 
 


Current liabilities:
 
 
 
 


Accounts payable and accrued liabilities
$
252,079

 
$
(2
)
 
$
252,077

Deferred revenues
582,139

 
11,011

 
593,150

Total current liabilities
875,273

 
11,009

 
886,282

Long-term liabilities:
 
 
 
 


Deferred revenues
43,585

 
20,000

 
63,585

Deferred tax liabilities
74,328

 
(3,934
)
 
70,394

Total long-term liabilities
3,016,745

 
16,066

 
3,032,811

Shareholders’ equity:
 
 
 
 


Accumulated other comprehensive income
32,256

 
462

 
32,718

Retained earnings
1,993,099

 
(34,039
)
 
1,959,060

Total OpenText shareholders' equity
3,725,907

 
(33,577
)
 
3,692,330

Non-controlling interests
1,123

 
—

 
1,123

Total shareholders’ equity
3,727,030

 
(33,577
)
 
3,693,453

Total liabilities and shareholders’ equity
$
7,619,048

 
$
(6,502
)
 
$
7,612,546


Condensed Consolidated Statements of Income
 
Three Months Ended September 30, 2018
 
As reported under
Topic 606
 
Adjustments
 
Proforma as if Topic 605 was in effect
Revenues:
 
 
 
 
 
License
$
76,887

 
$
(2,601
)
 
$
74,286

Cloud services and subscriptions
208,083

 
(535
)
 
207,548

Customer support
311,551

 
(583
)
 
310,968

Professional service and other
70,636

 
(54
)
 
70,582

Total revenues
667,157

 
(3,773
)
 
663,384

Cost of revenues:
 
 
 
 
 
Cloud services and subscriptions
87,703

 
467

 
88,170

Total cost of revenues
226,313

 
467

 
226,780

Gross profit
440,844

 
(4,240
)
 
436,604

Operating expenses:
 
 
 
 

Sales and marketing
120,182

 
1,107

 
121,289

Total operating expenses
341,617

 
1,107

 
342,724

Income from operations
99,227

 
(5,347
)
 
93,880

Interest and other related expense, net
(34,531
)
 
(159
)
 
(34,690
)
Income before income taxes
66,218

 
(5,506
)
 
60,712

Provision for (recovery of) income taxes
29,850

 
(1,253
)
 
28,597

Net income for the period
$
36,368

 
$
(4,253
)
 
$
32,115



Condensed Consolidated Statement of Cash Flows
 
Three Months Ended September 30, 2018
 
As reported under
Topic 606
 
Adjustments
 
Proforma as if Topic 605 was in effect
Cash flows from operating activities:
 
 
 
 
 
Net income for the period
$
36,368

 
$
(4,253
)
 
$
32,115

Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
 
 
Deferred taxes
7,769

 
(1,293
)
 
6,476

Changes in operating assets and liabilities:
 
 
 
 
 
Accounts receivable
73,875

 
(2,281
)
 
71,594

Contract assets
(5,346
)
 
5,346

 
—

Prepaid expenses and other current assets
9,732

 
1,213

 
10,945

Income taxes and deferred charges and credits
12,561

 
36

 
12,597

Accounts payable and accrued liabilities
(40,001
)
 
75

 
(39,926
)
Deferred revenue
(57,403
)
 
703

 
(56,700
)
Other assets
2,444

 
454

 
2,898

Net cash provided by operating activities
$
171,401

 
$
—

 
$
171,401