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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net income (loss) for the period $ 220,302,000 $ 37,973,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of intangible assets 253,483,000 264,330,000
Share-based compensation expense 28,343,000 26,262,000
Pension expense 3,015,000 3,120,000
Amortization of debt issuance costs 2,454,000 2,254,000
Loss on extinguishment of debt 27,413,000 0
Loss on sale and write down of property and equipment 38,000 953,000
Deferred taxes 20,892,000 80,397,000
Share in net (income) loss of equity investees (31,357,000) (8,255,000)
Changes in operating assets and liabilities:    
Accounts receivable 51,187,000 32,727,000
Contract assets (18,745,000) (20,193,000)
Prepaid expenses and other current assets (11,221,000) 7,966,000
Income taxes 2,776,000 168,841,000
Accounts payable and accrued liabilities (108,629,000) (36,538,000)
Deferred revenue (50,693,000) (18,647,000)
Other assets 16,913,000 (1,467,000)
Operating lease assets and liabilities, net 142,000 (23,364,000)
Net cash provided by operating activities 406,313,000 516,359,000
Cash flows from investing activities:    
Additions of property and equipment (37,347,000) (22,956,000)
Purchase of Zix Corporation, net of cash acquired (837,573,000) 0
Purchase of Bricata Inc. (17,927,000) 0
Purchase of XMedius 0 444,000
Purchase of Dynamic Solutions Group Inc. 0 (371,000)
Other investing activities (3,271,000) (1,370,000)
Net cash used in investing activities (896,118,000) (24,253,000)
Cash flows from financing activities:    
Proceeds from issuance of Common Shares from exercise of stock options and ESPP 45,688,000 29,177,000
Proceeds from long-term debt and Revolver 1,500,000,000 0
Repayment of long-term debt and Revolver (855,000,000) (605,000,000)
Debt extinguishment costs (note 22) (24,969,000) 0
Debt issuance costs (15,347,000) 0
Repurchase of Common Shares (91,034,000) 0
Purchase of treasury stock (19,593,000) (41,870,000)
Distribution to non-controlling interest (396,000) 0
Payments of dividends to shareholders (119,536,000) (101,769,000)
Net cash provided by (used in) financing activities 419,813,000 (719,462,000)
Foreign exchange gain (loss) on cash held in foreign currencies (25,713,000) 33,771,000
Increase (decrease) in cash, cash equivalents and restricted cash during the period (95,705,000) (193,585,000)
Cash, cash equivalents and restricted cash at beginning of the period 1,609,800,000 1,697,263,000
Cash, cash equivalents and restricted cash at end of the period 1,514,095,000 1,503,678,000
Reconciliation of cash, cash equivalents and restricted cash:    
Cash and cash equivalents 1,511,792,000 1,500,561,000
Restricted cash [1] 2,303,000 3,117,000
Total cash, cash equivalents and restricted cash $ 1,514,095,000 $ 1,503,678,000
[1] Restricted cash is classified under the Prepaid expenses and other current assets and Other assets line items on the Condensed Consolidated Balance Sheets (note 9).