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PENSION PLANS AND OTHER POST RETIREMENT BENEFITS (Tables)

6 Months Ended

Dec. 31, 2020

Retirement Benefits [Abstract]

Defined Benefit Plan and Long-Term Employee Benefit Obligations

The following table provides details of our defined benefit pension plans and long-term employee benefit obligations for Open Text Document Technologies GmbH (CDT), GXS GmbH (GXS GER), GXS Philippines, Inc. (GXS PHP) and other plans as of December 31, 2020 and June 30, 2020:

			As of December 31, 2020
			Total benefit obligation						Current portion of benefit obligation(1)						Non-current portion of benefit obligation
CDT defined benefit plan			$	38,352					$	871					$	37,481
GXS GER defined benefit plan			28,049						1,032						27,017
GXS PHP defined benefit plan			10,807						319						10,488
Other plans			9,112						827						8,285
Total			$	86,320					$	3,049					$	83,271

			As of June 30, 2020
			Total benefit obligation						Current portion of benefit obligation(1)						Non-current portion of benefit obligation
CDT defined benefit plan			$	32,851					$	777					$	32,074
GXS GER defined benefit plan			24,105						943						23,162
GXS PHP defined benefit plan			10,270						115						10,155
Other plans			8,590						852						7,738
Total			$	75,816					$	2,687					$	73,129

(1) The current portion of the benefit obligation has been included within "Accrued salaries and commissions", all within "Accounts payable and accrued liabilities" in the Condensed Consolidated Balance Sheets (see note 10 "Accounts Payable and Accrued Liabilities").

Changes in Benefit Obligation of Defined Benefit Plan

The following are the details of the change in the benefit obligation for each of the above mentioned pension plans for the periods indicated: 

			As of December 31, 2020																								As of June 30, 2020
			CDT						GXS GER						GXS PHP						Total						CDT						GXS GER						GXS PHP						Total
Benefit obligation—beginning of fiscal year			$	32,851					$	24,105					$	10,270					$	67,226					$	35,836					$	26,739					$	6,904					$	69,479
Service cost			237						104						841						1,182						572						319						1,247						2,138
Interest cost			253						182						195						630						459						337						368						1,164
Benefits paid			(400)						(512)						(4)						(916)						(644)						(926)						(792)						(2,362)
Actuarial (gain) loss			2,762						2,227						(945)						4,044						(3,073)						(2,083)						2,333						(2,823)
Foreign exchange (gain) loss			2,649						1,943						450						5,042						(299)						(281)						210						(370)
Benefit obligation—end of period			38,352						28,049						10,807						77,208						32,851						24,105						10,270						67,226
Less: Current portion			(871)						(1,032)						(319)						(2,222)						(777)						(943)						(115)						(1,835)
Non-current portion of benefit obligation			$	37,481					$	27,017					$	10,488					$	74,986					$	32,074					$	23,162					$	10,155					$	65,391

Components of Net Pension Expense for Pension Plan

The following are details of net pension expense relating to the following pension plans:

			Three Months Ended December 31,
			2020																								2019
Pension expense:			CDT						GXS GER						GXS PHP						Total						CDT						GXS GER						GXS PHP						Total
Service cost			$	121					$	53					$	410					$	584					$	144					$	80					$	310					$	534
Interest cost			129						93						102						324						115						84						88						287
Amortization of actuarial (gains) and losses			181						29						—						210						235						61						(72)						224
Net pension expense			$	431					$	175					$	512					$	1,118					$	494					$	225					$	326					$	1,045

			Six Months Ended December 31,
			2020																								2019
Pension expense:			CDT						GXS GER						GXS PHP						Total						CDT						GXS GER						GXS PHP						Total
Service cost			$	237					$	104					$	841					$	1,182					$	286					$	159					$	609					$	1,054
Interest cost			253						182						195						630						229						168						173						570
Amortization of actuarial (gains) and losses			354						57						—						411						469						122						(143)						448
Net pension expense			$	844					$	343					$	1,036					$	2,223					$	984					$	449					$	639					$	2,072

Weighted-Average Key Assumptions Used for CDT Pension Plan

In determining the fair value of the pension plan benefit obligations as of December 31, 2020 and June 30, 2020, respectively, we used the following weighted-average key assumptions:

			As of December 31, 2020																		As of June 30, 2020
			CDT						GXS GER						GXS PHP						CDT						GXS GER						GXS PHP
Assumptions:
Salary increases			1.75%						2.50%						6.50%						1.75%						2.50%						6.50%
Pension increases			1.50%						2.00%						N/A						1.50%						2.00%						N/A
Discount rate			1.00%						1.00%						4.00%						1.46%						1.46%						3.50%
Normal retirement age			65-67						65-67						60						65-67						65-67						60
Employee fluctuation rate:
to age 20			—%						—%						12.19%						—%						—%						12.19%
to age 25			—%						—%						16.58%						—%						—%						16.58%
to age 30			1.00%						—%						13.97%						1.00%						—%						13.97%
to age 35			0.50%						—%						10.77%						0.50%						—%						10.77%
to age 40			—%						—%						7.39%						—%						—%						7.39%
to age 45			0.50%						—%						3.28%						0.50%						—%						3.28%
to age 50			0.50%						—%						—%						0.50%						—%						—%
from age 51			1.00%						—%						—%						1.00%						—%						—%

Anticipated Pension Payments Under Pension Plan

Anticipated pension payments under the pension plans for the fiscal years indicated below are as follows:

			Fiscal years ending June 30,
			CDT						GXS GER						GXS PHP
2021 (six months ended)			$	419					$	508					$	144
2022			905						1,047						325
2023			1,007						1,047						239
2024			1,117						1,054						297
2025			1,166						1,085						348
2026 to 2030			6,693						5,318						3,290
Total			$	11,307					$	10,059					$	4,643

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