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EARNINGS PER SHARE
9 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Basic earnings per share are computed by dividing net income attributable to OpenText, by the weighted average number of Common Shares outstanding during the period. Diluted earnings per share are computed by dividing net income attributable to OpenText, by the shares used in the calculation of basic earnings per share plus the dilutive effect of Common Share equivalents, such as stock options, using the treasury stock method. Common Share equivalents are excluded from the computation of diluted earnings per share if their effect is anti-dilutive.
 Three Months Ended
March 31,
Nine Months Ended
March 31,
 2023202220232022
Basic earnings per share
Net income attributable to OpenText$57,556 $74,681 $199,113 $294,894 
Basic earnings per share attributable to OpenText$0.21 $0.28 $0.74 $1.09 
Diluted earnings per share
Net income attributable to OpenText$57,556 $74,681 $199,113 $294,894 
Diluted earnings per share attributable to OpenText$0.21 $0.28 $0.74 $1.08 
Weighted-average number of shares outstanding
(in ‘000’s)
Basic270,441 270,693 270,143 271,623 
Effect of dilutive securities209 518 30 816 
Diluted270,650 271,211 270,173 272,439 
Excluded as anti-dilutive (1)
9,014 5,271 9,210 4,264 
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(1)Represents options to purchase Common Shares excluded from the calculation of diluted earnings per share because the exercise price of the stock options was greater than or equal to the average price of the Common Shares during the period.