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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Jun. 30, 2024
ASSETS    
Cash and cash equivalents $ 1,000,219 $ 1,280,662
Accounts receivable trade, net of allowance for credit losses of $14,509 as of September 30, 2024 and $12,108 as of June 30, 2024 592,614 626,189
Contract assets (Note 3) 70,203 66,450
Income taxes recoverable (Note 13) 96,633 61,113
Prepaid expenses and other current assets (Note 7) 220,425 242,911
Total current assets 1,980,094 2,277,325
Property and equipment, net of accumulated depreciation of $768,438 as of September 30, 2024 and $751,174 as of June 30, 2024 365,451 367,740
Operating lease right of use assets (Note 4) 219,514 219,774
Long-term contract assets (Note 3) 42,314 38,684
Goodwill (Note 5) 7,502,649 7,488,367
Acquired intangible assets (Note 6) 2,357,997 2,486,264
Deferred tax assets (Note 13) 954,813 932,657
Other assets (Note 7) 302,387 298,281
Long-term income taxes recoverable (Note 13) 54,072 96,615
Total assets 13,779,291 14,205,707
Current liabilities:    
Accounts payable and accrued liabilities (Note 8) 862,973 931,116
Current portion of long-term debt (Note 9) 35,850 35,850
Operating lease liabilities (Note 4) 75,312 76,446
Deferred revenues (Note 3) 1,450,456 1,521,416
Income taxes payable (Note 13) 74,948 235,666
Total current liabilities 2,499,539 2,800,494
Long-term liabilities:    
Accrued liabilities (Note 8) 45,197 46,483
Pension liability, net (Note 10) 133,666 127,255
Long-term debt (Note 9) 6,353,277 6,356,943
Long-term operating lease liabilities (Note 4) 213,400 218,174
Long-term deferred revenues (Note 3) 162,397 162,401
Long-term income taxes payable (Note 13) 99,286 145,644
Deferred tax liabilities (Note 13) 135,642 148,632
Total long-term liabilities 7,142,865 7,205,532
Shareholders’ equity:    
Common shares 2,290,191 2,271,886
Accumulated other comprehensive income (loss) (Note 18) (74,456) (69,619)
Retained earnings 2,065,221 2,119,159
Treasury stock, at cost (3,899,507 and 3,135,980 shares at September 30, 2024 and June 30, 2024, respectively) (145,646) (123,268)
Total OpenText shareholders' equity 4,135,310 4,198,158
Non-controlling interests 1,577 1,523
Total shareholders’ equity 4,136,887 4,199,681
Total liabilities and shareholders’ equity $ 13,779,291 $ 14,205,707