XML 125 R3.htm IDEA: XBRL DOCUMENT v3.23.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Jun. 30, 2022
ASSETS    
Cash and cash equivalents $ 1,231,625 $ 1,693,741
Accounts receivable trade, net of allowance for credit losses of $13,828 as of June 30, 2023 and $16,473 as of June 30, 2022 (Note 4) 682,517 426,652
Contract assets (Note 3) 71,196 26,167
Income taxes recoverable (Note 15) 68,161 18,255
Prepaid expenses and other current assets (Note 9) 221,732 120,552
Total current assets 2,275,231 2,285,367
Property and equipment (Note 5) 356,904 244,709
Operating lease right of use assets (Note 6) 285,723 198,132
Long-term contract assets (Note 3) 64,553 19,719
Goodwill (Note 7) 8,662,603 5,244,653
Acquired intangible assets (Note 8) 4,080,879 1,075,208
Deferred tax assets (Note 15) 926,719 810,154
Other assets (Note 9) 342,318 256,987
Long-term income taxes recoverable (Note 15) 94,270 44,044
Total assets 17,089,200 10,178,973
Current liabilities:    
Accounts payable and accrued liabilities (Note 10) 996,261 448,607
Current portion of long-term debt (Note 11) 320,850 10,000
Operating lease liabilities (Note 6) 91,425 56,380
Deferred revenues (Note 3) 1,721,781 902,202
Income taxes payable (Note 15) 89,297 51,069
Total current liabilities 3,219,614 1,468,258
Long-term liabilities:    
Accrued liabilities (Note 10) 51,961 18,208
Pension liability (Note 12) 126,312 60,951
Long-term debt (Note 11) 8,562,096 4,209,567
Long-term operating lease liabilities (Note 6) 271,579 198,695
Long-term deferred revenues (Note 3) 217,771 91,144
Long-term income taxes payable (Note 15) 193,808 34,003
Deferred tax liabilities (Note 15) 423,955 65,887
Total long-term liabilities 9,847,482 4,678,455
Shareholders’ equity:    
Common shares 2,176,947 2,038,674
Accumulated other comprehensive income (loss) (Note 21) (53,559) (7,659)
Retained earnings 2,048,984 2,160,069
Treasury stock, at cost (3,536,375 and 3,706,420 shares at June 30, 2023 and June 30, 2022, respectively) (151,597) (159,966)
Total OpenText shareholders’ equity 4,020,775 4,031,118
Non-controlling interests 1,329 1,142
Total shareholders’ equity 4,022,104 4,032,260
Total liabilities and shareholders’ equity $ 17,089,200 $ 10,178,973