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OTHER INCOME (EXPENSE), NET (Tables) | 12 Months Ended
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Jun. 30, 2021
Other Income and Expenses [Abstract] |
Schedule of Other Income (Expense), Net |
| Year Ended June 30,
| 2021 |  | 2020 |  | 2019
Foreign exchange gains (losses) | $ | (1,273) |  |  | $ | (4,184) |  |  | $ | (4,330) |
OpenText share in net income of equity investees (1) | 62,897 |  |  | 8,700 |  |  | 13,668 |
Loss on debt extinguishment (2) | — |  |  | (17,854) |  |  | — |
Other miscellaneous income (expense) | (190) |  |  | 1,392 |  |  | 818 |
Total other income (expense), net | $ | 61,434 |  |  | $ | (11,946) |  |  | $ | 10,156 |
(1) OpenText’s share in net income of equity investees relates to our share of net income, which approximates fair value, based on our interest in certain investment funds in which we are a limited partner. Our interests in each of these investees range from 4% to below 20% and these investments are accounted for using the equity method (see note 9 "Prepaid Expenses and Other Assets" for more details). (2) On March 5, 2020, we redeemed in full $800 million aggregate principal amount of our 5.625% Senior Notes due 2023 (Senior Notes 2023), which resulted in a loss on debt extinguishment of $17.9 million. Of this, $6.7 million related to unamortized debt issuance costs and the remaining $11.2 million related to the early termination call premium.

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- Definition Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. + References No definition available. + Details
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