XML 14 R4.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Revenues (Note 3):        
Total revenues $ 1,534,868 $ 897,440 $ 2,960,297 $ 1,749,476
Cost of revenues:        
Amortization of acquired technology-based intangible assets (Note 8) 70,784 40,863 147,608 83,500
Total cost of revenues 405,748 261,693 812,759 520,041
Gross profit 1,129,120 635,747 2,147,538 1,229,435
Operating expenses:        
Research and development 220,220 109,700 454,657 219,898
Sales and marketing 280,263 177,171 552,064 344,341
General and administrative 173,264 77,603 304,475 155,677
Depreciation 33,415 22,858 67,506 46,032
Amortization of acquired customer-based intangible assets (Note 8) 113,925 53,446 234,117 107,884
Special charges (recoveries) (Note 18) 54,166 10,306 67,960 24,587
Total operating expenses 875,253 451,084 1,680,779 898,419
Income from operations 253,867 184,663 466,759 331,016
Other income (expense), net (Note 22) (68,784) 163,349 (48,614) (25,882)
Interest and other related expense, net (139,292) (38,715) (281,056) (79,097)
Income before income taxes 45,791 309,297 137,089 226,037
Provision for income taxes (Note 15) 8,054 50,774 18,406 84,399
Net income for the period 37,737 258,523 118,683 141,638
Net (income) attributable to non-controlling interests (62) (37) (107) (81)
Net income attributable to OpenText $ 37,675 $ 258,486 $ 118,576 $ 141,557
Earnings per share—basic attributable to OpenText (Note 23) (in dollars per share) $ 0.14 $ 0.96 $ 0.44 $ 0.52
Earnings per share—diluted attributable to OpenText (Note 23) (in dollars per share) $ 0.14 $ 0.96 $ 0.44 $ 0.52
Weighted average number of Common Shares outstanding—basic (in '000's) (in shares) 271,568 270,189 271,373 269,997
Weighted average number of Common Shares outstanding—diluted (in '000's) (in shares) 272,141 270,189 272,019 270,009
Cloud services and subscriptions        
Revenues (Note 3):        
Total revenues $ 450,091 $ 408,674 $ 901,105 $ 813,325
Cost of revenues:        
Costs of revenues 180,148 134,314 351,560 266,113
Customer support        
Revenues (Note 3):        
Total revenues 695,762 316,508 1,393,475 633,859
Cost of revenues:        
Costs of revenues 73,374 28,589 148,388 55,943
License        
Revenues (Note 3):        
Total revenues 289,238 107,960 462,264 170,508
Cost of revenues:        
Costs of revenues 5,983 3,863 9,822 6,621
Professional service and other        
Revenues (Note 3):        
Total revenues 99,777 64,298 203,453 131,784
Cost of revenues:        
Costs of revenues $ 75,459 $ 54,064 $ 155,381 $ 107,864