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OTHER INCOME (EXPENSE), NET
 3 Months Ended
Sep. 30, 2022
Other Income and Expenses [Abstract]  
OTHER INCOME (EXPENSE), NET OTHER INCOME (EXPENSE), NET
Three Months Ended September 30,
20222021
Foreign exchange gains (losses)$(1,361)$351 
Unrealized losses on derivatives not designated as hedges (1)
(181,461)— 
OpenText share in net income (losses) of equity investees (2)
(6,534)29,315 
Other miscellaneous income (expense)125 116 
Total other income (expense), net$(189,231)$29,782 
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(1)Represents the unrealized losses on our derivatives not designated as hedges related to the proposed Micro Focus Acquisition (see Note 17 “Derivative Instruments and Hedging Activities” for more details).
(2)Represents our share in net income (losses) of equity investees, which approximates fair value and subject to volatility based on market trends and business conditions, based on our interest in certain investment funds in which we are a limited partner. Our interests in each of these investees range from 4% to below 20% and these investments are accounted for using the equity method (see Note 9 “Prepaid Expenses and Other Assets” for more details).