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EARNINGS PER SHARE
12 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Basic earnings per share are computed by dividing net income, attributable to OpenText, by the weighted average number of Common Shares outstanding during the period. Diluted earnings per share are computed by dividing net income, attributable to OpenText, by the shares used in the calculation of basic earnings per share plus the dilutive effect of Common Share equivalents, such as stock options, using the treasury stock method. Common Share equivalents are excluded from the computation of diluted earnings per share if their effect is anti-dilutive.
 Year Ended June 30,
 202120202019
Basic earnings per share
Net income attributable to OpenText$310,672 $234,225 $285,501 
Basic earnings per share attributable to OpenText$1.14 $0.86 $1.06 
Diluted earnings per share
Net income attributable to OpenText$310,672 $234,225 $285,501 
Diluted earnings per share attributable to OpenText$1.14 $0.86 $1.06 
Weighted-average number of shares outstanding (in '000's)
Basic272,533 270,847 268,784 
Effect of dilutive securities946 970 1,124 
Diluted273,479 271,817 269,908 
Excluded as anti-dilutive(1)
4,147 3,001 2,759 
(1) Represents options to purchase Common Shares excluded from the calculation of diluted earnings per share because the exercise price of the stock options was greater than or equal to the average price of the Common Shares during the period.