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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Jun. 30, 2020
ASSETS    
Cash and cash equivalents $ 1,500,561 $ 1,692,850
Accounts receivable trade, net of allowance for credit losses of $22,845 as of December 31, 2020 and $20,906 as of June 30, 2020 (note 1 and note 4) 445,841 466,357
Contract assets (note 3) 27,460 29,570
Income taxes recoverable (note 15) 24,517 61,186
Prepaid expenses and other current assets 130,177 136,436
Total current assets 2,128,556 2,386,399
Property and equipment (note 5) 227,434 244,555
Operating lease right of use assets (note 6) 235,142 207,869
Long-term contract assets (note 3) 18,175 15,427
Goodwill (note 7) 4,696,349 4,672,356
Acquired intangible assets (note 8) 1,402,928 1,612,564
Deferred tax assets (note 15) 866,788 911,565
Other assets (note 9) 164,238 154,467
Long-term income taxes recoverable (note 15) 29,488 29,620
Total assets 9,769,098 10,234,822
Current liabilities:    
Accounts payable and accrued liabilities (note 10) 348,080 373,314
Current portion of long-term debt (note 11) 10,000 610,000
Operating lease liabilities (note 6) 59,874 64,071
Deferred revenues (note 3) 798,340 812,218
Income taxes payable (note 15) 320,084 44,630
Total current liabilities 1,536,378 1,904,233
Long-term liabilities:    
Accrued liabilities (note 10) 28,334 34,955
Pension liability (note 12) 83,271 73,129
Long-term debt (note 11) 3,581,565 3,584,311
Long-term operating lease liabilities (note 6) 227,265 217,165
Long-term deferred revenues (note 3) 97,083 94,382
Long-term income taxes payable (note 15) 32,794 171,200
Deferred tax liabilities (note 15) 179,161 148,738
Total long-term liabilities 4,229,473 4,323,880
Shareholders’ equity:    
Share capital and additional paid-in capital (note 13): 272,173,923 and 271,863,354 Common Shares issued and outstanding at December 31, 2020 and June 30, 2020, respectively; authorized Common Shares: unlimited 1,889,857 1,851,777
Accumulated other comprehensive income (note 20) 66,476 17,825
Retained earnings 2,093,076 2,159,396
Treasury stock, at cost (1,101,370 and 622,297 shares at December 31, 2020 and June 30, 2020, respectively) (47,555) (23,608)
Total OpenText shareholders' equity 4,001,854 4,005,390
Non-controlling interests 1,393 1,319
Total shareholders’ equity 4,003,247 4,006,709
Total liabilities and shareholders’ equity $ 9,769,098 $ 10,234,822