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PENSION PLANS AND OTHER POST RETIREMENT BENEFITS (Tables)

3 Months Ended

Sep. 30, 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 September 30, 2021 and June 30, 2021:

			As of September 30, 2021
			Total benefit obligation						Current portion of benefit obligation(1)						Non-current portion of benefit obligation
CDT defined benefit plan			$	32,745					$	881					$	31,864
GXS GER defined benefit plan			23,663						1,038						22,625
GXS PHP defined benefit plan			11,613						82						11,531
Other plans			9,621						619						9,002
Total			$	77,642					$	2,620					$	75,022

			As of June 30, 2021
			Total benefit obligation						Current portion of benefit obligation(1)						Non-current portion of benefit obligation
CDT defined benefit plan			$	32,865					$	880					$	31,985
GXS GER defined benefit plan			23,861						1,058						22,803
GXS PHP defined benefit plan			10,973						42						10,931
Other plans			9,594						802						8,792
Total			$	77,293					$	2,782					$	74,511

(1) The current portion of the benefit obligation has been included within "Accrued salaries, incentives 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 September 30, 2021																								As of June 30, 2021
			CDT						GXS GER						GXS PHP						Total						CDT						GXS GER						GXS PHP						Total
Benefit obligation—beginning of fiscal year			$	32,865					$	23,861					$	10,973					$	67,699					$	32,851					$	24,105					$	10,270					$	67,226
Service cost			94						43						428						565						473						206						1,822						2,501
Interest cost			112						80						133						325						505						364						469						1,338
Benefits paid			(203)						(256)						(131)						(590)						(800)						(1,027)						(19)						(1,846)
Actuarial (gain) loss			406						320						553						1,279						(1,976)						(1,118)						(1,853)						(4,947)
Foreign exchange (gain) loss			(529)						(385)						(343)						(1,257)						1,812						1,331						284						3,427
Benefit obligation—end of period			32,745						23,663						11,613						68,021						32,865						23,861						10,973						67,699
Less: Current portion			(881)						(1,038)						(82)						(2,001)						(880)						(1,058)						(42)						(1,980)
Non-current portion of benefit obligation			$	31,864					$	22,625					$	11,531					$	66,020					$	31,985					$	22,803					$	10,931					$	65,719

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 September 30,
			2021																								2020
Pension expense:			CDT						GXS GER						GXS PHP						Total						CDT						GXS GER						GXS PHP						Total
Service cost			$	94					$	43					$	428					$	565					$	116					$	51					$	431					$	598
Interest cost			112						80						133						325						124						89						93						306
Amortization of actuarial (gains) and losses			125						6						(23)						108						173						28						—						201
Net pension expense			$	331					$	129					$	538					$	998					$	413					$	168					$	524					$	1,105

Weighted-Average Key Assumptions Used for CDT Pension Plan

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

			As of September 30, 2021																		As of June 30, 2021
			CDT						GXS GER						GXS PHP						CDT						GXS GER						GXS PHP
Assumptions:
Salary increases			1.50%						1.50%						6.00%						1.50%						1.50%						5.00%
Pension increases			1.50%						1.50%						N/A						1.50%						1.50%						N/A
Discount rate			1.31%						1.31%						5.50%						1.39%						1.39%						5.00%
Normal retirement age			65-67						65-67						60						65-67						65-67						60
Employee fluctuation rate:
to age 20			—%						—%						13.98%						—%						—%						13.98%
to age 25			—%						—%						7.10%						—%						—%						7.10%
to age 30			1.00%						—%						3.00%						1.00%						—%						3.00%
to age 35			0.50%						—%						2.44%						0.50%						—%						2.44%
to age 40			—%						—%						2.59%						—%						—%						2.59%
to age 45			0.50%						—%						1.15%						0.50%						—%						1.15%
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
2022 (nine months ended)			$	650					$	781					$	25
2023			945						1,029						294
2024			1,023						1,030						193
2025			1,068						1,054						169
2026			1,105						1,042						195
2027 to 2031			6,396						5,059						2,436
Total			$	11,187					$	9,995					$	3,312

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