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OTHER INCOME (EXPENSE), NET
 12 Months Ended
Jun. 30, 2021
Other Income and Expenses [Abstract]  
OTHER INCOME (EXPENSE), NET OTHER INCOME (EXPENSE), NET
Year Ended June 30,
202120202019
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.