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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Jun. 30, 2023
ASSETS    
Cash and cash equivalents $ 919,850 $ 1,231,625
Accounts receivable trade, net of allowance for credit losses of $11,501 as of September 30, 2023 and $13,828 as of June 30, 2023 (Note 4) 676,594 682,517
Contract assets (Note 3) 78,562 71,196
Income taxes recoverable (Note 15) 70,179 68,161
Prepaid expenses and other current assets (Note 9) 199,917 221,732
Total current assets 1,945,102 2,275,231
Property and equipment (Note 5) 361,612 356,904
Operating lease right of use assets (Note 6) 266,053 285,723
Long-term contract assets (Note 3) 54,448 64,553
Goodwill (Note 7) 8,618,765 8,662,603
Acquired intangible assets (Note 8) 3,888,217 4,080,879
Deferred tax assets (Note 15) 996,514 926,719
Other assets (Note 9) 328,972 342,318
Long-term income taxes recoverable (Note 15) 94,193 94,270
Total assets 16,553,876 17,089,200
Current liabilities:    
Accounts payable and accrued liabilities (Note 10) 836,042 996,261
Current portion of long-term debt (Note 11) 145,850 320,850
Operating lease liabilities (Note 6) 90,418 91,425
Deferred revenues (Note 3) 1,596,321 1,721,781
Income taxes payable (Note 15) 153,396 89,297
Total current liabilities 2,822,027 3,219,614
Long-term liabilities:    
Accrued liabilities (Note 10) 49,333 51,961
Pension liability (Note 12) 125,616 126,312
Long-term debt (Note 11) 8,554,569 8,562,096
Long-term operating lease liabilities (Note 6) 252,629 271,579
Long-term deferred revenues (Note 3) 197,112 217,771
Long-term income taxes payable (Note 15) 148,822 193,808
Deferred tax liabilities (Note 15) 389,510 423,955
Total long-term liabilities 9,717,591 9,847,482
Shareholders’ equity:    
Common shares 2,216,921 2,176,947
Accumulated other comprehensive income (loss) (Note 20) (70,025) (53,559)
Retained earnings 2,062,107 2,048,984
Treasury stock, at cost (4,753,281 and 3,536,375 shares at September 30, 2023 and June 30, 2023, respectively) (196,119) (151,597)
Total OpenText shareholders' equity 4,012,884 4,020,775
Non-controlling interests 1,374 1,329
Total shareholders’ equity 4,014,258 4,022,104
Total liabilities and shareholders’ equity $ 16,553,876 $ 17,089,200