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INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2021

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the combined Canadian federal and provincial income tax rate with our effective income tax rate is as follows:

			Year Ended June 30,
			2021						2020						2019
Expected statutory rate			26.50		%				26.50		%				26.50		%
Expected provision for income taxes			$	172,454					$	91,479					$	116,752
Effect of foreign tax rate differences			(4,309)						218						(1,344)
Change in valuation allowance			(5,900)						(222)						(5,045)
Effect of permanent differences			(1,885)						1,215						(577)
Effect of changes in unrecognized tax benefits			(86,170)						(19,284)						31,992
Effect of withholding taxes			8,500						8,036						2,097
Difference in tax filings from provision			(2,162)						933						(250)
Effect of tax credits for research and development			(16,086)						(14,947)						(13,550)
Effect of accrual for undistributed earnings			3,209						4,233						(13,112)
Effect of US BEAT			7,967						41,207						16,030
Effect of CARES Act			—						(7,009)						—
Effect of IRS Settlement			300,460						—						—
Impact of internal reorganization of subsidiaries			(33,676)						451						16,471
Other Items			(2,496)						4,527						5,473
			$	339,906					$	110,837					$	154,937

Schedule of Income before Income Tax, Domestic and Foreign

The following is a geographical breakdown of income before the provision for income taxes:

			Year Ended June 30,
			2021						2020						2019
Domestic income (loss)			$	462,315					$	241,862					$	269,331
Foreign income			188,455						103,343						171,243
Income before income taxes			$	650,770					$	345,205					$	440,574

Schedule of Components of Income Tax Expense (Benefit)

The provision for (recovery of) income taxes consisted of the following:

			Year Ended June 30,
			2021						2020						2019
Current income taxes (recoveries):
Domestic			$	310,615					$	12,547					$	7,862
Foreign			(43,748)						46,902						99,650
			266,867						59,449						107,512
Deferred income taxes (recoveries):
Domestic			111,232						68,580						52,889
Foreign			(38,193)						(17,192)						(5,464)
			73,039						51,388						47,425
Provision for (recovery of) income taxes			$	339,906					$	110,837					$	154,937

Schedule of Deferred Tax Assets and Liabilities

The primary components of the deferred tax assets and liabilities are as follows, for the periods indicated below:

			As of June 30,
			2021						2020
Deferred tax assets
Non-capital loss carryforwards			$	174,486					$	208,248
Capital loss carryforwards			5,570						152
Undeducted scientific research and development expenses			197,791						160,354
Depreciation and amortization			391,974						415,516
Restructuring costs and other reserves			24,919						21,999
Deferred revenue			11,388						60,026
Other			73,236						76,031
Total deferred tax asset			$	879,364					$	942,326
Valuation allowance			$	(72,888)					$	(81,810)
Deferred tax liabilities
Scientific research and development tax credits			$	(15,080)					$	(14,361)
Other			(102,882)						(83,328)
Deferred tax liabilities			$	(117,962)					$	(97,689)
Net deferred tax asset			$	688,514					$	762,827
Comprised of:
Long-term assets			796,738						911,565
Long-term liabilities			(108,224)						(148,738)
			$	688,514					$	762,827

Summary of Income Tax Contingencies

The aggregate changes in the balance of our gross unrecognized tax benefits (including interest and penalties) were as follows:

Unrecognized tax benefits as of June 30, 2019			$	209,242
Increases on account of current year positions			7,296
Increases on account of prior year positions			17,853
Decreases due to settlements with tax authorities			(20,457)
Decreases due to lapses of statutes of limitations			(18,853)
Unrecognized tax benefits as of June 30, 2020			$	195,081
Increases on account of current year positions			1,279
Increases on account of prior year positions			773
Decreases due to settlements with tax authorities			(158,070)
Decreases due to lapses of statutes of limitations			(2,314)
Unrecognized tax benefits as of June 30, 2021			$	36,749

Interest and Penalties Related to Liabilities for Income Tax Expense

For the year ended June 30, 2021, 2020 and 2019, respectively, we recognized the following amounts as income tax-related interest expense and penalties:

			Year Ended June 30,
			2021						2020						2019
Interest expense (recoveries)			$	44,657					$	5,764					$	10,512
Penalties expense (recoveries)			1,125						327						945
Total			$	45,782					$	6,091					$	11,457

Interest Accrued and Penalties Accrued Related to Income Tax Expense

The following amounts have been accrued on account of income tax-related interest expense and penalties:

			As of June 30, 2021						As of June 30, 2020
Interest expense accrued (1)			$	5,166					$	70,364
Penalties accrued (1)			$	2,605					$	2,620

(1) These balances are primarily included within "Long-term income taxes payable" within the Consolidated Balance Sheets.

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