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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Jun. 30, 2019
ASSETS    
Cash and cash equivalents $ 999,298 $ 941,009
Accounts receivable trade, net of allowance for doubtful accounts of $16,290 as of September 30, 2019 and $17,011 as of June 30, 2019 (note 4) 410,981 463,785
Contract assets (note 3) 20,204 20,956
Income taxes recoverable (note 15) 21,054 38,340
Prepaid expenses and other current assets 91,753 97,238
Total current assets 1,543,290 1,561,328
Property and equipment (note 5) 248,613 249,453
Operating lease right of use assets (note 6) 203,329  
Long-term contract assets (note 3) 18,920 15,386
Goodwill (note 7) 3,765,898 3,769,908
Acquired intangible assets (note 8) 1,057,151 1,146,504
Deferred tax assets (note 15) 995,262 1,004,450
Other assets (note 9) 146,105 148,977
Long-term income taxes recoverable (note 15) 40,939 37,969
Total assets 8,019,507 7,933,975
Current liabilities:    
Accounts payable and accrued liabilities (note 10) 260,869 329,903
Current portion of long-term debt (note 11) 10,000 10,000
Operating lease liabilities (note 6) 60,687  
Deferred revenues (note 3) 584,193 641,656
Income taxes payable (note 15) 36,104 33,158
Total current liabilities 951,853 1,014,717
Long-term liabilities:    
Accrued liabilities (note 10) 15,384 49,441
Pension liability (note 12) 77,470 75,239
Long-term debt (note 11) 2,603,506 2,604,878
Long-term operating lease liability (note 6) 177,596  
Deferred revenues (note 3) 41,588 46,974
Long-term income taxes payable (note 15) 191,268 202,184
Deferred tax liabilities (note 15) 52,728 55,872
Total long-term liabilities 3,159,540 3,034,588
Shareholders’ equity:    
Share capital and additional paid-in capital (note 13): 270,189,544 and 269,834,442 Common Shares issued and outstanding at September 30, 2019 and June 30, 2019, respectively; authorized Common Shares: unlimited 1,791,689 1,774,214
Accumulated other comprehensive income 15,096 24,124
Retained earnings 2,141,278 2,113,883
Treasury stock, at cost (1,102,871 shares at September 30, 2019 and 802,871 shares at June 30, 2019, respectively) (41,190) (28,766)
Total OpenText shareholders' equity 3,906,873 3,883,455
Non-controlling interests 1,241 1,215
Total shareholders’ equity 3,908,114 3,884,670
Total liabilities and shareholders’ equity $ 8,019,507 $ 7,933,975