XML 96 R86.htm IDEA: XBRL DOCUMENT
v3.22.4

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - Non Option Unit Activity (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 6 Months Ended | 12 Months Ended
--- | --- | --- | ---
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2022 | Dec. 31, 2021 | Jun. 30, 2022
Weighted Average |  |  |  |  |
Issuance of treasury stock (in shares) | 290,970 | 349,792 | 411,376 | 491,244 |
PSUs |  |  |  |  |
Units |  |  |  |  |
Beginning balance (in shares) |  |  | 812,937 |  |
Granted (in shares) |  |  | 533,694 |  |
Vested (in shares) |  |  | (224,593) |  |
Forfeited or expired (in shares) |  |  | (70,006) |  |
Ending balance (in shares) | 1,052,032 |  | 1,052,032 |  | 812,937
Weighted Average |  |  |  |  |
Beginning balance (in dollars per share) |  |  | $ 61.29 |  |
Weighted–average fair value of performance share units granted |  |  | 54.56 |  |
Vested (in dollars per share) |  |  | 41.75 |  |
Forfeited or expired (in dollars per share) |  |  | 66.30 |  |
Ending balance (in dollars per share) | $ 61.64 |  | $ 61.64 |  | $ 61.29
Weighted- Average Remaining Contractual Term (years) |  |  | 2 years 3 months 7 days |  | 1 year 10 months 20 days
Aggregate Intrinsic Value ($’000's) | $ 31,182 |  | $ 31,182 |  | $ 30,762
PSUs | Minimum |  |  |  |  |
Weighted Average |  |  |  |  |
Performance target |  |  | 0.00% |  |
PSUs | Maximum |  |  |  |  |
Weighted Average |  |  |  |  |
Performance target |  |  | 200.00% |  |
PSUs | Long Term Incentive Plan | Minimum |  |  |  |  |
Weighted Average |  |  |  |  |
Weighted–average fair value of performance share units granted |  |  | $ 43.10 | $ 69.78 |
PSUs | Long Term Incentive Plan | Maximum |  |  |  |  |
Weighted Average |  |  |  |  |
Weighted–average fair value of performance share units granted |  |  | $ 55.06 | $ 75.15 |
Restricted Share Units |  |  |  |  |
Units |  |  |  |  |
Beginning balance (in shares) |  |  | 2,593,707 |  |
Granted (in shares) |  |  | 1,479,192 |  |
Vested (in shares) |  |  | (120,406) |  |
Forfeited or expired (in shares) |  |  | (156,133) |  |
Ending balance (in shares) | 3,796,360 |  | 3,796,360 |  | 2,593,707
Weighted Average |  |  |  |  |
Beginning balance (in dollars per share) |  |  | $ 44.90 |  |
Weighted–average fair value of performance share units granted |  |  | 28.27 |  |
Vested (in dollars per share) |  |  | 45.73 |  |
Forfeited or expired (in dollars per share) |  |  | 43.74 |  |
Ending balance (in dollars per share) | $ 38.60 |  | $ 38.60 |  | $ 44.90
Weighted- Average Remaining Contractual Term (years) |  |  | 2 years 7 months 24 days |  | 2 years 10 months 9 days
Aggregate Intrinsic Value ($’000's) | $ 112,524 |  | $ 112,524 |  | $ 98,146
Restricted Share Units | Long Term Incentive Plan |  |  |  |  |
Units |  |  |  |  |
Beginning balance (in shares) |  |  | 611,743 |  |
Granted (in shares) |  |  | 400,299 |  |
Vested (in shares) |  |  | (147,223) |  |
Forfeited or expired (in shares) |  |  | (56,686) |  |
Ending balance (in shares) | 808,133 |  | 808,133 |  | 611,743
Weighted Average |  |  |  |  |
Beginning balance (in dollars per share) |  |  | $ 44.14 |  |
Weighted–average fair value of performance share units granted |  |  | 38.82 |  |
Vested (in dollars per share) |  |  | 36.83 |  |
Forfeited or expired (in dollars per share) |  |  | 45.30 |  |
Ending balance (in dollars per share) | $ 42.22 |  | $ 42.22 |  | $ 44.14
Weighted- Average Remaining Contractual Term (years) |  |  | 2 years 2 months 12 days |  | 1 year 7 months 13 days
Aggregate Intrinsic Value ($’000's) | $ 23,953 |  | $ 23,953 |  | $ 23,148
Deferred Share Units (DSUs) |  |  |  |  |
Units |  |  |  |  |
Beginning balance (in shares) |  |  | 885,701 |  |
Granted (in shares) |  |  | 125,918 |  |
Ending balance (in shares) | 1,011,619 |  | 1,011,619 |  | 885,701
Weighted Average |  |  |  |  |
Beginning balance (in dollars per share) |  |  | $ 31.49 |  |
Weighted–average fair value of performance share units granted |  |  | 28.76 |  |
Ending balance (in dollars per share) | $ 29.82 |  | $ 29.82 |  | $ 31.49
Weighted- Average Remaining Contractual Term (years) |  |  | 10 months 6 days |  | 4 months 9 days
Aggregate Intrinsic Value ($’000's) | $ 29,984 |  | $ 29,984 |  | $ 33,515
Deferred Share Units (DSUs) | Long Term Incentive Plan |  |  |  |  |
Units |  |  |  |  |
Beginning balance (in shares) |  |  | 55,520 |  |
Ending balance (in shares) | 90,906 |  | 90,906 |  | 55,520

X
- Definition Share-Based Compensation Arrangement by Share-Based Payment Award, Non-Option Equity Instruments, Target Based Award, Performance Target + References No definition available. + Details
Name: | otex_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsTargetBasedAwardPerformanceTarget
Namespace Prefix: | otex_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(03) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Weighted average fair value as of the grant date of equity-based award plans other than stock (unit) option plans that were not exercised or put into effect as a result of the occurrence of a terminating event. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(03) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(01) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(01) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(ii) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(i) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Per share or unit weighted-average fair value of nonvested award under share-based payment arrangement. Excludes share and unit options. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(i) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(ii) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Weighted average remaining contractual term for equity-based awards excluding options, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e)(1) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(02) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(02) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Intrinsic value of nonvested award under share-based payment arrangement. Excludes share and unit options. + References No definition available. + Details
Name: | us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueNonvested
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Number of treasury shares or units reissued. Excludes reissuance of shares or units in treasury for award under share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21463-112644 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI https://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 + Details
Name: | us-gaap_StockIssuedDuringPeriodSharesTreasuryStockReissued
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_AwardTypeAxis=us-gaap_PerformanceSharesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PlanNameAxis=otex_LongTermIncentivePlanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=us-gaap_RestrictedStockUnitsRSUMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=otex_DeferredStockUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |