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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Jun. 30, 2024
ASSETS    
Cash and cash equivalents $ 1,122,192 $ 1,280,662
Accounts receivable trade, net of allowance for credit losses of $14,641 as of December 31, 2024 and $12,108 as of June 30, 2024 639,611 626,189
Contract assets (Note 3) 68,487 66,450
Income taxes recoverable (Note 13) 68,004 61,113
Prepaid expenses and other current assets (Note 7) 186,763 242,911
Total current assets 2,085,057 2,277,325
Property and equipment, net of accumulated depreciation of $779,868 as of December 31, 2024 and $751,174 as of June 30, 2024 355,877 367,740
Operating lease right of use assets (Note 4) 211,079 219,774
Long-term contract assets (Note 3) 39,208 38,684
Goodwill (Note 5) 7,483,404 7,488,367
Acquired intangible assets (Note 6) 2,229,087 2,486,264
Deferred tax assets (Note 13) 982,567 932,657
Other assets (Note 7) 296,382 298,281
Long-term income taxes recoverable (Note 13) 49,052 96,615
Total assets 13,731,713 14,205,707
Current liabilities:    
Accounts payable and accrued liabilities (Note 8) 772,641 931,116
Current portion of long-term debt (Note 9) 35,850 35,850
Operating lease liabilities (Note 4) 74,699 76,446
Deferred revenues (Note 3) 1,452,734 1,521,416
Income taxes payable (Note 13) 65,145 235,666
Total current liabilities 2,401,069 2,800,494
Long-term liabilities:    
Accrued liabilities (Note 8) 38,974 46,483
Pension liability, net (Note 10) 126,909 127,255
Long-term debt (Note 9) 6,348,814 6,356,943
Long-term operating lease liabilities (Note 4) 200,815 218,174
Long-term deferred revenues (Note 3) 159,987 162,401
Long-term income taxes payable (Note 13) 82,310 145,644
Deferred tax liabilities (Note 13) 141,328 148,632
Total long-term liabilities 7,099,137 7,205,532
Shareholders’ equity:    
Common shares 2,275,583 2,271,886
Accumulated other comprehensive income (loss) (Note 18) (75,779) (69,619)
Retained earnings 2,174,514 2,119,159
Treasury stock, at cost (4,225,850 and 3,135,980 shares at December 31, 2024 and June 30, 2024, respectively) (144,432) (123,268)
Total OpenText shareholders' equity 4,229,886 4,198,158
Non-controlling interests 1,621 1,523
Total shareholders’ equity 4,231,507 4,199,681
Total liabilities and shareholders’ equity $ 13,731,713 $ 14,205,707