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Basis of Presentation (Tables)
 9 Months Ended
Mar. 31, 2019
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 Cash Flows have been adjusted to conform to current period presentation as follows:
 
Nine Months Ended March 31, 2018
 
As Previously Reported
 
Adjustments
 
As Adjusted
 
 
 
 
 
 
Net cash provided by operating activities
$
504,426

 
$
(405
)
 
$
504,021

 
 
 
 
 
 
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
162,140

 
(405
)
 
161,735

Cash, cash equivalents and restricted cash at end of period
$
605,497

 
$
2,448

 
$
607,945

As a
result, certain prior period comparative figures in the Condensed Consolidated Statements of Income for the three and nine months ended March 31, 2018 have been adjusted to conform to current period presentation as follows:
 
Three Months Ended March 31, 2018
 
Nine Months Ended March 31, 2018
 
As Previously Reported
 
Adjustments
 
As Adjusted
 
As Previously Reported
 
Adjustments
 
As Adjusted
Cost of revenues - Cloud services
$
94,264

 
$
(69
)
 
$
94,195

 
$
269,012

 
$
(198
)
 
$
268,814

Cost of revenues - Customer Support
$
33,820

 
$
(50
)
 
$
33,770

 
$
99,805

 
$
(148
)
 
$
99,657

Cost of revenues - Professional service and other
$
64,246

 
$
(67
)
 
$
64,179

 
$
188,690

 
$
(197
)
 
$
188,493

Total cost of revenues
$
242,731

 
$
(186
)
 
$
242,545

 
$
706,543

 
$
(543
)
 
$
706,000

Gross profit
$
443,148

 
$
186

 
$
443,334

 
$
1,354,428

 
$
543

 
$
1,354,971

Research and Development
$
83,522

 
$
(126
)
 
$
83,396

 
$
241,455

 
$
(362
)
 
$
241,093

Sales and Marketing
$
129,987

 
$
(111
)
 
$
129,876

 
$
381,951

 
$
(309
)
 
$
381,642

General and administrative
$
54,817

 
$
(23
)
 
$
54,794

 
$
152,717

 
$
(67
)
 
$
152,650

Total operating expense
$
340,825

 
$
(260
)
 
$
340,565

 
$
998,374

 
$
(738
)
 
$
997,636

Income from operations
$
102,323

 
$
446

 
$
102,769

 
$
356,054

 
$
1,281

 
$
357,335

Interest and other related expense, net
$
(34,534
)
 
$
(446
)
 
$
(34,980
)
 
$
(101,914
)
 
$
(1,281
)
 
$
(103,195
)
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 March 31, 2019
 
As reported under
Topic 606
 
Adjustments
 
Proforma as if Topic 605 was in effect
ASSETS
 
 
 
 
 
Contract assets
$
19,737

 
$
(19,737
)
 
$
—

Prepaid expenses and other current assets
96,048

 
6,350

 
102,398

Total current assets
1,398,314

 
(13,387
)
 
1,384,927

Long-term contract assets
15,794

 
(15,794
)
 
—

Deferred tax assets
1,035,481

 
15,663

 
1,051,144

Other assets
135,159

 
(5,665
)
 
129,494

Total assets
$
7,864,637

 
$
(19,183
)
 
$
7,845,454

LIABILITIES AND SHAREHOLDERS’ EQUITY
 
 
 
 


Current liabilities:
 
 
 
 


Accounts payable and accrued liabilities
$
295,749

 
$
(34
)
 
$
295,715

Deferred revenues
664,208

 
26,355

 
690,563

Total current liabilities
1,015,081

 
26,321

 
1,041,402

Long-term liabilities:
 
 
 
 


Deferred revenues
50,905

 
28,624

 
79,529

Deferred tax liabilities
52,944

 
(7,702
)
 
45,242

Total long-term liabilities
3,011,184

 
20,922

 
3,032,106

Shareholders’ equity:
 
 
 
 


Accumulated other comprehensive income
25,418

 
186

 
25,604

Retained earnings
2,088,858

 
(66,612
)
 
2,022,246

Total OpenText shareholders' equity
3,837,189

 
(66,426
)
 
3,770,763

Non-controlling interests
1,183

 
—

 
1,183

Total shareholders’ equity
3,838,372

 
(66,426
)
 
3,771,946

Total liabilities and shareholders’ equity
$
7,864,637

 
$
(19,183
)
 
$
7,845,454


Condensed Consolidated Statements of Income
 
Three Months Ended March 31, 2019
 
Nine Months Ended March 31, 2019
 
As reported under
Topic 606
 
Adjustments
 
Proforma as if Topic 605 was in effect
 
As reported under
Topic 606
 
Adjustments
 
Proforma as if Topic 605 was in effect
Revenues:
 
 
 
 
 
 
 
 
 
 
 
License
$
98,721

 
$
(17,285
)
 
$
81,436

 
$
308,364

 
$
(35,496
)
 
$
272,868

Cloud services and subscriptions
238,607

 
(3,087
)
 
235,520

 
665,923

 
(5,225
)
 
660,698

Customer support
310,762

 
(415
)
 
310,347

 
932,667

 
(1,155
)
 
931,512

Professional service and other
71,056

 
16

 
71,072

 
214,580

 
(29
)
 
214,551

Total revenues
719,146

 
(20,771
)
 
698,375

 
2,121,534

 
(41,905
)
 
2,079,629

Cost of revenues:
 
 
 
 
 
 
 
 
 
 
 
Cloud services and subscriptions
103,873

 
(381
)
 
103,492

 
280,274

 
29

 
280,303

Professional service and other
56,626

 
4

 
56,630

 
169,452

 
4

 
169,456

Total cost of revenues
239,631

 
(377
)
 
239,254

 
693,966

 
33

 
693,999

Gross profit
479,515

 
(20,394
)
 
459,121

 
1,427,568

 
(41,938
)
 
1,385,630

Operating expenses:
 
 
 
 

 
 
 
 
 
 
Sales and marketing
132,244

 
2,256

 
134,500

 
378,619

 
6,981

 
385,600

Total operating expenses
343,638

 
2,256

 
345,894

 
1,018,532

 
6,981

 
1,025,513

Income from operations
135,877

 
(22,650
)
 
113,227

 
409,036

 
(48,919
)
 
360,117

Interest and other related expense, net
(35,607
)
 
(214
)
 
(35,821
)
 
(103,751
)
 
(584
)
 
(104,335
)
Income before income taxes
105,335

 
(22,864
)
 
82,471

 
312,250

 
(49,503
)
 
262,747

Provision for (recovery of) income taxes
32,542

 
(5,937
)
 
26,605

 
98,628

 
(12,677
)
 
85,951

Net income for the period
$
72,793

 
$
(16,927
)
 
$
55,866

 
$
213,622

 
$
(36,826
)
 
$
176,796

The adjustment on license revenue for the three and nine months ended March 31, 2019 of $17.3 million and $35.5 million, respectively, is primarily due to new contracts entered into during Fiscal 2019 for which a timing difference of revenue recognition exists between Topic 606 and Topic 605. See above for an explanation of how license revenues are recognized under Topic 606. The Fiscal 2019 contracts pertaining to the respective adjustments are recognized up front under Topic 606, whereas such revenues would have been recognized over time under Topic 605.

Condensed Consolidated Statement of Cash Flows
 
Nine Months Ended March 31, 2019
 
As reported under
Topic 606
 
Adjustments
 
Proforma as if Topic 605 was in effect
Cash flows from operating activities:
 
 
 
 
 
Net income for the period
$
213,622

 
$
(36,826
)
 
$
176,796

Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
 
 
Deferred taxes
11,307

 
(12,720
)
 
(1,413
)
Changes in operating assets and liabilities:
 
 
 
 
 
Accounts receivable
52,777

 
(11,171
)
 
41,606

Contract assets
(28,872
)
 
28,872

 
—

Prepaid expenses and other current assets
(495
)
 
1,340

 
845

Income taxes and deferred charges and credits
21,006

 
16

 
21,022

Accounts payable and accrued liabilities
(30,644
)
 
(8
)
 
(30,652
)
Deferred revenue
24,134

 
24,583

 
48,717

Other assets
4,300

 
5,914

 
10,214

Net cash provided by operating activities
$
646,501

 
$
—

 
$
646,501