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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Jun. 30, 2023
ASSETS    
Cash and cash equivalents $ 1,125,323 $ 1,231,625
Accounts receivable trade, net of allowance for credit losses of $11,390 as of March 31, 2024 and $13,828 as of June 30, 2023 (Note 4) 654,190 682,517
Contract assets (Note 3) 66,124 71,196
Income taxes recoverable (Note 15) 14,119 68,161
Prepaid expenses and other current assets (Note 9) 212,261 221,732
Assets held for sale (Note 19) 2,120,311 0
Total current assets 4,192,328 2,275,231
Property and equipment (Note 5) 346,073 356,904
Operating lease right of use assets (Note 6) 229,327 285,723
Long-term contract assets (Note 3) 42,659 64,553
Goodwill (Note 7) 7,528,147 8,662,603
Acquired intangible assets (Note 8) 2,624,117 4,080,879
Deferred tax assets (Note 15) 1,019,878 926,719
Other assets (Note 9) 314,580 342,318
Long-term income taxes recoverable (Note 15) 95,567 94,270
Total assets 16,392,676 17,089,200
Current liabilities:    
Accounts payable and accrued liabilities (Note 10) 898,611 996,261
Current portion of long-term debt (Note 11) 45,850 320,850
Operating lease liabilities (Note 6) 80,960 91,425
Deferred revenues (Note 3) 1,583,638 1,721,781
Income taxes payable (Note 15) 150,990 89,297
Liabilities held for sale (Note 19) 228,106 0
Total current liabilities 2,988,155 3,219,614
Long-term liabilities:    
Accrued liabilities (Note 10) 48,031 51,961
Pension liability, net (Note 12) 128,955 126,312
Long-term debt (Note 11) 8,305,670 8,562,096
Long-term operating lease liabilities (Note 6) 224,984 271,579
Long-term deferred revenues (Note 3) 170,544 217,771
Long-term income taxes payable (Note 15) 154,679 193,808
Deferred tax liabilities (Note 15) 241,013 423,955
Total long-term liabilities 9,273,876 9,847,482
Shareholders’ equity:    
Common shares 2,276,758 2,176,947
Accumulated other comprehensive income (loss) (Note 20) (73,045) (53,559)
Retained earnings 2,059,060 2,048,984
Treasury stock, at cost (3,376,994 and 3,536,375 shares at March 31, 2024 and June 30, 2023, respectively) (133,606) (151,597)
Total OpenText shareholders' equity 4,129,167 4,020,775
Non-controlling interests 1,478 1,329
Total shareholders’ equity 4,130,645 4,022,104
Total liabilities and shareholders’ equity $ 16,392,676 $ 17,089,200