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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Revenues (Note 3):    
Total revenues $ 1,269,005 $ 1,425,429
Cost of revenues:    
Amortization of acquired technology-based intangible assets (Note 6) 47,244 76,824
Total cost of revenues 358,647 407,011
Gross profit 910,358 1,018,418
Operating expenses:    
Research and development 190,693 226,231
Sales and marketing 245,882 280,007
General and administrative 106,730 131,211
Depreciation 32,171 34,091
Amortization of acquired customer-based intangible assets (Note 6) 81,504 120,192
Special charges (recoveries) (Note 16) 47,136 13,794
Total operating expenses 704,116 805,526
Income from operations 206,242 212,892
Other income (expense), net (Note 20) (35,655) 20,170
Interest and other related expense, net (84,282) (141,764)
Income before income taxes 86,305 91,298
Provision for income taxes (Note 13) 1,883 10,352
Net income 84,422 80,946
Net (income) attributable to non-controlling interests (54) (45)
Net income attributable to OpenText $ 84,368 $ 80,901
Earnings per share—basic attributable to OpenText (Note 21) (in dollars per share) $ 0.32 $ 0.30
Earnings per share—diluted attributable to OpenText (Note 21) (in dollars per share) $ 0.32 $ 0.30
Weighted average number of Common Shares outstanding—basic (in shares) 267,400 271,178
Weighted average number of Common Shares outstanding—diluted (in shares) 267,821 271,902
Cloud services and subscriptions    
Revenues (Note 3):    
Total revenues $ 457,024 $ 451,014
Cost of revenues:    
Costs of revenues 175,257 171,412
Customer support    
Revenues (Note 3):    
Total revenues 595,490 697,713
Cost of revenues:    
Costs of revenues 62,574 75,014
License    
Revenues (Note 3):    
Total revenues 125,813 173,026
Cost of revenues:    
Costs of revenues 6,657 3,839
Professional service and other    
Revenues (Note 3):    
Total revenues 90,678 103,676
Cost of revenues:    
Costs of revenues $ 66,915 $ 79,922