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Income Taxes (Tables)

12 Months Ended

Jun. 30, 2019

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

The following is a geographical breakdown of income before the provision for income taxes:

	Year Ended June 30,
	2019				2018				2017
Domestic income (loss)	$	269,331			$	238,405			$	110,562
Foreign income	171,243				147,721				138,989
Income before income taxes	$	440,574			$	386,126			$	249,551

Schedule of Components of Income Tax Expense (Benefit)

The provision for (recovery of) income taxes consisted of the following:

	Year Ended June 30,
	2019				2018				2017
Current income taxes (recoveries):
Domestic	$	7,862			$	5,313			$	12,238
Foreign	99,650				48,777				82,593
	107,512				54,090				94,831
Deferred income taxes (recoveries):
Domestic	52,889				61,678				(851,683		)
Foreign	(5,464		)		28,058				(19,512		)
	47,425				89,736				(871,195		)
Provision for (recovery of) income taxes	$	154,937			$	143,826			$	(776,364	)

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the combined Canadian federal and provincial income tax rate with our effective income tax rate is as follows:

	Year Ended June 30,
	2019				2018				2017
Expected statutory rate	26.5		%		26.5		%		26.5		%
Expected provision for income taxes	$	116,752			$	102,323			$	66,131
Effect of foreign tax rate differences	(1,344		)		2,352				8,647
Change in valuation allowance	(5,045		)		1,779				520
Amortization of deferred charges	—				4,242				6,298
Effect of permanent differences	(577		)		4,332				3,673
Effect of changes in unrecognized tax benefits	31,992				5,543				14,427
Effect of withholding taxes	2,097				7,927				3,845
Difference in tax filings from provision	(250		)		1,321				(7,836		)
Effect of U.S. tax reform	—				19,037				—
Effect of tax credits for research and development	(13,550		)		(3,875		)		(2,643		)
Effect of accrual for undistributed earnings	(13,112		)		(1,154		)		5,613
Effect of Base Erosion and Anti-Abuse Tax (BEAT)	16,030				—				—
Other Items	5,473				(1		)		1,075
Impact of internal reorganization of subsidiaries	16,471				—				(876,114		)
	$	154,937			$	143,826			$	(776,364	)

Schedule of Deferred Tax Assets and Liabilities

The primary components of the deferred tax assets and liabilities are as follows, for the periods indicated below:

	June 30,
	2019				2018
Deferred tax assets
Non-capital loss carryforwards	$	161,119			$	129,436
Capital loss carryforwards	155				417
Undeducted scientific research and development expenses	137,253				123,114
Depreciation and amortization	683,777				829,369
Restructuring costs and other reserves	17,845				17,202
Deferred revenue	53,254				62,726
Other	59,584				57,461
Total deferred tax asset	$	1,112,987			$	1,219,725
Valuation Allowance	$	(77,328	)		$	(80,924	)
Deferred tax liabilities
Scientific research and development tax credits	$	(14,482	)		$	(13,342	)
Other	(72,599		)		(82,668		)
Deferred tax liabilities	$	(87,081	)		$	(96,010	)
Net deferred tax asset	$	948,578			$	1,042,791
Comprised of:
Long-term assets	1,004,450				1,122,729
Long-term liabilities	(55,872		)		(79,938		)
	$	948,578			$	1,042,791

Summary of Income Tax Contingencies

The aggregate changes in the balance of our gross unrecognized tax benefits (including interest and penalties) were as follows:

Unrecognized tax benefits as of July 1, 2017	$	174,530
Increases on account of current year positions	6,483
Increases on account of prior year positions	17,794
Decreases due to settlements with tax authorities	—
Decreases due to lapses of statutes of limitations	(20,995		)
Unrecognized tax benefits as of June 30, 2018	$	177,812
Increases on account of current year positions	25,642
Increases on account of prior year positions	15,024
Decreases due to settlements with tax authorities	—
Decreases due to lapses of statutes of limitations	(9,236		)
Unrecognized tax benefits as of June 30, 2019	$	209,242

Interest and Penalties Related to Liabilities for Income Tax Expense

We recognize interest expense and penalties related to income tax matters in income tax expense. For the year ended June 30, 2019, 2018 and 2017, we recognized the following amounts as income tax-related interest expense and penalties:

	Year Ended June 30,
	2019				2018				2017
Interest expense	$	10,512			$	6,233			$	13,028
Penalties expense (recoveries)	945				(191		)		438
Total	$	11,457			$	6,042			$	13,466

Interest Accrued and Penalties Accrued Related to Income Tax Expense

The following amounts have been accrued on account of income tax-related interest expense and penalties:

	As of June 30, 2019				As of June 30, 2018
Interest expense accrued *	$	64,530			$	54,058
Penalties accrued *	$	2,525			$	2,438

* These balances have been included within "Long-term income taxes payable" within the Consolidated Balance Sheets.

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