XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Revenues (note 3):        
Total revenues $ 882,283 $ 832,931 $ 2,591,390 $ 2,492,588
Cost of revenues:        
Amortization of acquired technology-based intangible assets (note 8) 46,564 53,453 152,333 165,581
Total cost of revenues 274,236 261,266 793,540 762,753
Gross profit 608,047 571,665 1,797,850 1,729,835
Operating expenses:        
Research and development 117,730 110,071 321,517 304,212
Sales and marketing 180,955 158,687 491,133 438,984
General and administrative 88,137 71,548 231,127 190,502
Depreciation 22,370 21,961 65,535 64,244
Amortization of acquired customer-based intangible assets (note 8) 56,215 54,156 160,764 164,075
Special charges (recoveries) (note 18) 11,031 2,846 20,592 (1,404)
Total operating expenses 476,438 419,269 1,290,668 1,160,613
Income from operations 131,609 152,396 507,182 569,222
Nonoperating Income (Expense) 24,392 8,283 29,137 16,417
Interest and other related expense, net (40,238) (37,333) (117,538) (114,017)
Income before income taxes 115,763 123,346 418,781 471,622
Provision for income taxes (note 15) 41,041 31,818 123,757 342,121
Net income for the period 74,722 91,528 295,024 129,501
Net (income) loss attributable to non-controlling interests (41) (38) (130) (112)
Net income attributable to OpenText $ 74,681 $ 91,490 $ 294,894 $ 129,389
Earnings per share—basic attributable to OpenText (note 23) (in dollars per share) $ 0.28 $ 0.34 $ 1.09 $ 0.47
Earnings per share—diluted attributable to OpenText (note 23) (in dollars per share) $ 0.28 $ 0.33 $ 1.08 $ 0.47
Weighted average number of Common Shares outstanding—basic (in '000's) (in shares) 270,693 272,832 271,623 272,414
Weighted average number of Common Shares outstanding—diluted (in '000's) (in shares) 271,211 273,924 272,439 273,312
Cloud services and subscriptions        
Revenues (note 3):        
Total revenues $ 401,947 $ 355,845 $ 1,123,422 $ 1,047,285
Cost of revenues:        
Costs of revenues 136,020 123,729 377,928 354,235
Customer support        
Revenues (note 3):        
Total revenues 332,514 335,915 1,002,626 999,806
Cost of revenues:        
Costs of revenues 31,763 30,953 90,914 89,815
License        
Revenues (note 3):        
Total revenues 80,641 76,299 263,663 252,170
Cost of revenues:        
Costs of revenues 3,196 2,810 10,906 9,601
Professional service and other        
Revenues (note 3):        
Total revenues 67,181 64,872 201,679 193,327
Cost of revenues:        
Costs of revenues $ 56,693 $ 50,321 $ 161,459 $ 143,521