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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Thousands
 3 Months Ended 9 Months Ended
Mar. 31, 2024
USD ($)
Mar. 31, 2024
USD ($)
Mar. 31, 2023
USD ($)
Cash flows from operating activities:      
Net income for the period $ 98,327 $ 217,010 $ 199,251
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization of intangible assets   630,275 427,869
Share-based compensation expense   113,312 88,398
Pension expense   9,579 5,806
Amortization of debt discount and issuance costs   19,587 8,496
Write-off of right of use assets   15,241 7,119
Loss on extinguishment of debt 10,803 10,803 8,152
Loss on sale and write down of property and equipment, net   1,715 1,428
Deferred taxes   (249,174) (178,700)
Share in net loss of equity investees 835 19,013 11,547
Changes in financial instruments (16,671) 3,551 112,567
Changes in operating assets and liabilities:      
Accounts receivable   51,487 141,269
Contract assets   (71,486) (29,896)
Prepaid expenses and other current assets   4,717 (65,186)
Income taxes   75,676 131,517
Accounts payable and accrued liabilities   (72,887) (137,674)
Deferred revenue   14,338 (42,631)
Other assets   5,868 (5,998)
Operating lease assets and liabilities, net   (16,154) (19,430)
Net cash provided by operating activities   782,471 663,904
Cash flows from investing activities:      
Additions of property and equipment   (119,316) (99,772)
Micro Focus acquisition   (9,272) (5,655,606)
Realized gain on financial instruments   0 131,248
Proceeds from net investment hedge derivative contracts   4,456 0
Other investing activities   (468) (873)
Net cash used in investing activities   (124,600) (5,625,003)
Cash flows from financing activities:      
Proceeds from issuance of Common Shares from exercise of stock options and ESPP   57,027 25,172
Proceeds from long-term debt and Revolver   0 4,927,450
Repayment of long-term debt and Revolver   (559,389) (16,463)
Debt issuance costs   (2,792) (77,209)
Purchase of treasury stock 0 (53,085) 0
Payments of dividends to shareholders (67,300) (200,672) (194,481)
Other financing activities   (1,447) (2,193)
Net cash provided by (used in) financing activities   (760,358) 4,662,276
Foreign exchange gain (loss) on cash held in foreign currencies   (3,982) 2,632
Decrease in cash, cash equivalents and restricted cash during the period   (106,469) (296,191)
Cash, cash equivalents and restricted cash at beginning of the period   1,233,952 1,695,911
Cash, cash equivalents and restricted cash at end of the period 1,127,483 1,127,483 1,399,720
Reconciliation of cash, cash equivalents and restricted cash:      
Cash and cash equivalents 1,125,323 1,125,323 1,396,817
Restricted cash 2,160 [1] 2,160 [1] 2,903 [1]
Total cash, cash equivalents and restricted cash $ 1,127,483 $ 1,127,483 $ 1,399,720
[1] Restricted cash is classified under the Prepaid expenses and other current assets and Other assets line items on the Condensed Consolidated Balance Sheets (Note 9).