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PENSION PLANS AND OTHER POST RETIREMENT BENEFITS (Tables)

9 Months Ended

Mar. 31, 2021

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 March 31, 2021 and June 30, 2020:

			As of March 31, 2021
			Total benefit obligation						Current portion of benefit obligation(1)						Non-current portion of benefit obligation
CDT defined benefit plan			$	35,001					$	861					$	34,140
GXS GER defined benefit plan			25,564						1,007						24,557
GXS PHP defined benefit plan			13,652						210						13,442
Other plans			9,231						721						8,510
Total			$	83,448					$	2,799					$	80,649

			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 March 31, 2021																								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			354						155						1,245						1,754						572						319						1,247						2,138
Interest cost			378						272						299						949						459						337						368						1,164
Benefits paid			(592)						(766)						(9)						(1,367)						(644)						(926)						(792)						(2,362)
Actuarial (gain) loss			550						725						1,537						2,812						(3,073)						(2,083)						2,333						(2,823)
Foreign exchange (gain) loss			1,460						1,073						310						2,843						(299)						(281)						210						(370)
Benefit obligation—end of period			35,001						25,564						13,652						74,217						32,851						24,105						10,270						67,226
Less: Current portion			(861)						(1,007)						(210)						(2,078)						(777)						(943)						(115)						(1,835)
Non-current portion of benefit obligation			$	34,140					$	24,557					$	13,442					$	72,139					$	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 March 31,
			2021																								2020
Pension expense:			CDT						GXS GER						GXS PHP						Total						CDT						GXS GER						GXS PHP						Total
Service cost			$	117					$	51					$	404					$	572					$	140					$	78					$	305					$	523
Interest cost			125						90						104						319						112						82						92						286
Amortization of actuarial (gains) and losses			175						28						—						203						234						61						(72)						223
Net pension expense			$	417					$	169					$	508					$	1,094					$	486					$	221					$	325					$	1,032

			Nine Months Ended March 31,
			2021																								2020
Pension expense:			CDT						GXS GER						GXS PHP						Total						CDT						GXS GER						GXS PHP						Total
Service cost			$	354					$	155					$	1,245					$	1,754					$	426					$	237					$	914					$	1,577
Interest cost			378						272						299						949						341						250						265						856
Amortization of actuarial (gains) and losses			529						85						—						614						703						183						(215)						671
Net pension expense			$	1,261					$	512					$	1,544					$	3,317					$	1,470					$	670					$	964					$	3,104

Weighted-Average Key Assumptions Used for CDT Pension Plan

In determining the fair value of the pension plan benefit obligations as of March 31, 2021 and June 30, 2020, respectively, we used the following weighted-average key assumptions:

			As of March 31, 2021																		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			1.36%						1.36%						5.00%						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			—%						—%						13.98%						—%						—%						12.19%
to age 25			—%						—%						7.10%						—%						—%						16.58%
to age 30			1.00%						—%						3.00%						1.00%						—%						13.97%
to age 35			0.50%						—%						2.44%						0.50%						—%						10.77%
to age 40			—%						—%						2.59%						—%						—%						7.39%
to age 45			0.50%						—%						1.15%						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 (three months ended)			$	203					$	246					$	28
2022			877						1,014						254
2023			975						1,014						100
2024			1,083						1,022						140
2025			1,130						1,051						190
2026 to 2030			6,486						5,154						2,456
Total			$	10,754					$	9,501					$	3,168

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