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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Jun. 30, 2019
ASSETS    
Cash and cash equivalents $ 675,403 $ 941,009
Accounts receivable trade, net of allowance for doubtful accounts of $17,937 as of December 31, 2019 and $17,011 as of June 30, 2019 (note 4) 526,020 463,785
Contract assets (note 3) 22,794 20,956
Income taxes recoverable (note 15) 24,615 38,340
Prepaid expenses and other current assets 104,962 97,238
Total current assets 1,353,794 1,561,328
Property and equipment (note 5) 273,448 249,453
Operating lease right of use assets (note 6) 253,387  
Long-term contract assets (note 3) 17,975 15,386
Goodwill (note 7) 4,656,492 3,769,908
Acquired intangible assets (note 8) 1,808,072 1,146,504
Deferred tax assets (note 15) 930,856 1,004,450
Other assets (note 9) 158,058 148,977
Long-term income taxes recoverable (note 15) 46,151 37,969
Total assets 9,498,233 7,933,975
Current liabilities:    
Accounts payable and accrued liabilities (note 10) 417,611 329,903
Current portion of long-term debt (note 11) 913,631 10,000
Operating lease liabilities (note 6) 66,579  
Deferred revenues (note 3) 718,861 641,656
Income taxes payable (note 15) 51,298 33,158
Total current liabilities 2,167,980 1,014,717
Long-term liabilities:    
Accrued liabilities (note 10) 14,977 49,441
Pension liability (note 12) 73,678 75,239
Long-term debt (note 11) 2,600,386 2,604,878
Long-term operating lease liabilities (note 6) 218,681  
Deferred revenues (note 3) 77,335 46,974
Long-term income taxes payable (note 15) 180,507 202,184
Deferred tax liabilities (note 15) 165,457 55,872
Total long-term liabilities 3,331,021 3,034,588
Shareholders’ equity:    
Share capital and additional paid-in capital (note 13): 270,608,627 and 269,834,442 Common Shares issued and outstanding at December 31, 2019 and June 30, 2019, respectively; authorized Common Shares: unlimited 1,803,663 1,774,214
Accumulated other comprehensive income 24,690 24,124
Retained earnings 2,201,653 2,113,883
Treasury stock, at cost (847,369 shares at December 31, 2019 and 802,871 shares at June 30, 2019, respectively) (32,066) (28,766)
Total OpenText shareholders' equity 3,997,940 3,883,455
Non-controlling interests 1,292 1,215
Total shareholders’ equity 3,999,232 3,884,670
Total liabilities and shareholders’ equity $ 9,498,233 $ 7,933,975