Open Text (OTEX) 10-Q 6 May 21 2021 Q3 Quarterly report Financial data

COVER PAGE

COVER PAGE - shares	9 Months Ended
	Mar. 31, 2021	May 04, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2021
Document Transition Report	false
Entity File Number	0-27544
Entity Registrant Name	OPEN TEXT CORP
Entity Incorporation, State or Country Code	Z4
Entity Tax Identification Number	98-0154400
Entity Address, Address Line One	275 Frank Tompa Drive,
Entity Address, City or Town	Waterloo,
Entity Address, State or Province	ON
Entity Address, Country	CA
Entity Address, Postal Zip Code	N2L 0A1
City Area Code	519
Local Phone Number	888-7111
Title of 12(b) Security	Common stock without par value
Trading Symbol	OTEX
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		273,197,604
Entity Central Index Key	0001002638
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
Amendment Flag	false
Current Fiscal Year End Date	--06-30

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2021	Jun. 30, 2020
ASSETS
Cash and cash equivalents	$ 1,475,626	$ 1,692,850
Accounts receivable trade, net of allowance for credit losses of $22,931 as of March 31, 2021 and $20,906 as of June 30, 2020 (note 1 and note 4)	402,672	466,357
Contract assets (note 3)	26,276	29,570
Income taxes recoverable (note 15)	17,026	61,186
Prepaid expenses and other current assets	140,576	136,436
Total current assets	2,062,176	2,386,399
Property and equipment (note 5)	230,517	244,555
Operating lease right of use assets (note 6)	226,021	207,869
Long-term contract assets (note 3)	18,594	15,427
Goodwill (note 7)	4,688,449	4,672,356
Acquired intangible assets (note 8)	1,291,796	1,612,564
Deferred tax assets (note 15)	833,369	911,565
Other assets (note 9)	174,965	154,467
Long-term income taxes recoverable (note 15)	30,734	29,620
Total assets	9,556,621	10,234,822
Current liabilities:
Accounts payable and accrued liabilities (note 10)	372,819	373,314
Current portion of long-term debt (note 11)	10,000	610,000
Operating lease liabilities (note 6)	56,143	64,071
Deferred revenues (note 3)	873,581	812,218
Income taxes payable (note 15)	26,481	44,630
Total current liabilities	1,339,024	1,904,233
Long-term liabilities:
Accrued liabilities (note 10)	27,849	34,955
Pension liability (note 12)	80,649	73,129
Long-term debt (note 11)	3,580,206	3,584,311
Long-term operating lease liabilities (note 6)	217,584	217,165
Long-term deferred revenues (note 3)	99,679	94,382
Long-term income taxes payable (note 15)	31,974	171,200
Deferred tax liabilities (note 15)	147,731	148,738
Total long-term liabilities	4,185,672	4,323,880
Shareholders’ equity:
Share capital and additional paid-in capital (note 13): 272,588,542 and 271,863,354 Common Shares issued and outstanding at March 31, 2021 and June 30, 2020, respectively; authorized Common Shares: unlimited	1,915,759	1,851,777
Accumulated other comprehensive income (note 20)	54,074	17,825
Retained earnings	2,130,047	2,159,396
Treasury stock, at cost (1,567,664 and 622,297 shares at March 31, 2021 and June 30, 2020, respectively)	(69,386)	(23,608)
Total OpenText shareholders' equity	4,030,494	4,005,390
Non-controlling interests	1,431	1,319
Total shareholders’ equity	4,031,925	4,006,709
Total liabilities and shareholders’ equity	$ 9,556,621	$ 10,234,822

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2021	Jun. 30, 2020
Statement of Financial Position [Abstract]
Accounts receivable trade, allowance for credit losses	$ 22,931	$ 20,906
Common stock, shares issued (in shares)	272,973,445	271,863,354
Common stock, shares outstanding (in shares)	272,973,445	271,863,354
Treasury stock (in shares)	1,567,664	622,297

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020
Revenues (note 3):
Total revenues	$ 832,931	$ 814,679	$ 2,492,588	$ 2,283,124
Cost of revenues:
Amortization of acquired technology-based intangible assets (note 8)	53,453	63,401	165,581	145,998
Total cost of revenues	261,266	282,187	762,753	743,080
Gross profit	571,665	532,492	1,729,835	1,540,044
Operating expenses:
Research and development	110,071	108,184	304,212	269,645
Sales and marketing	158,687	166,234	438,984	432,162
General and administrative	71,548	68,828	190,502	174,958
Depreciation	21,961	24,820	64,244	65,809
Amortization of acquired customer-based intangible assets (note 8)	54,156	59,943	164,075	160,561
Special charges (recoveries) (note 18)	2,846	9,406	(1,404)	24,579
Total operating expenses	419,269	437,415	1,160,613	1,127,714
Income from operations	152,396	95,077	569,222	412,330
Other income (expense), net (note 22)	8,283	(18,923)	16,417	(19,736)
Interest and other related expense, net	(37,333)	(41,263)	(114,017)	(105,849)
Income before income taxes	123,346	34,891	471,622	286,745
Provision for (recovery of) income taxes (note 15)	31,818	8,891	342,121	78,800
Net income for the period	91,528	26,000	129,501	207,945
Net (income) loss attributable to non-controlling interests	(38)	(35)	(112)	(112)
Net income attributable to OpenText	$ 91,490	$ 25,965	$ 129,389	$ 207,833
Earnings per share—basic attributable to OpenText (note 23) (in dollars per share)	$ 0.34	$ 0.10	$ 0.47	$ 0.77
Earnings per share—diluted attributable to OpenText (note 23) (in dollars per share)	$ 0.33	$ 0.10	$ 0.47	$ 0.77
Weighted average number of Common Shares outstanding—basic (in '000's) (in shares)	272,832	271,221	272,414	270,559
Weighted average number of Common Shares outstanding—diluted (in '000's) (in shares)	273,924	272,202	273,312	271,643
Cloud services and subscriptions
Revenues (note 3):
Total revenues	$ 355,845	$ 339,463	$ 1,047,285	$ 825,068
Cost of revenues:
Costs of revenues	123,729	127,565	354,235	333,371
Customer support
Revenues (note 3):
Total revenues	335,915	322,865	999,806	950,671
Cost of revenues:
Costs of revenues	30,953	32,151	89,815	91,326
License
Revenues (note 3):
Total revenues	76,299	81,055	252,170	297,048
Cost of revenues:
Costs of revenues	2,810	2,544	9,601	7,917
Professional service and other
Revenues (note 3):
Total revenues	64,872	71,296	193,327	210,337
Cost of revenues:
Costs of revenues	$ 50,321	$ 56,526	$ 143,521	$ 164,468

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020
Statement of Comprehensive Income [Abstract]
Net income for the period	$ 91,528	$ 26,000	$ 129,501	$ 207,945
Other comprehensive income (loss)—net of tax:
Net foreign currency translation adjustments	(12,568)	(15,484)	36,142	(16,220)
Unrealized gain (loss) on cash flow hedges:
Unrealized gain (loss) - net of tax expense (recovery) effect of $246 and ($1,276) for the three months ended March 31, 2021 and 2020, respectively; $1,302 and ($1,181) for the nine months ended March 31, 2021 and 2020, respectively	681	(3,539)	3,608	(3,278)
(Gain) loss reclassified into net income - net of tax (expense) recovery effect of ($399) and $121 for the three months ended March 31, 2021 and 2020, respectively; ($682) and $98 for the nine months ended March 31, 2021 and 2020, respectively	(1,108)	337	(1,892)	273
Actuarial gain (loss) relating to defined benefit pension plans:
Actuarial gain (loss) - net of tax expense (recovery) effect of $944 and $1,495 for the three months ended March 31, 2021 and 2020, respectively; ($413) and $1,554 for the nine months ended March 31, 2021 and 2020, respectively	344	3,309	(2,342)	3,923
Amortization of actuarial (gain) loss into net income - net of tax (expense) recovery effect of $95 and $203 for the three months ended March 31, 2021 and 2020, respectively; $275 and $446 for the nine months ended March 31, 2021 and 2020, respectively	249	153	733	644
Total other comprehensive income (loss) net, for the period	(12,402)	(15,224)	36,249	(14,658)
Total comprehensive income	79,126	10,776	165,750	193,287
Comprehensive (income) loss attributable to non-controlling interests	(38)	(35)	(112)	(112)
Total comprehensive income attributable to OpenText	$ 79,088	$ 10,741	$ 165,638	$ 193,175

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020
Statement of Comprehensive Income [Abstract]
Unrealized gain (loss) on cash flow hedges, tax expense (recovery)	$ 246	$ (1,276)	$ 1,302	$ (1,181)
(Gain) loss reclassified into net income, tax (expense) recovery	(399)	121	(682)	98
Actuarial gain (loss), tax expense (recovery)	944	1,495	(413)	1,554
Amortization of actuarial (gain) loss into net income, tax (expense) recovery	$ 95	$ 203	$ 275	$ 446

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Shares and Additional Paid in Capital	Treasury Stock	Retained Earnings	Accumulated  Other Comprehensive Income	Non-Controlling Interests	Adjustment	AdjustmentRetained Earnings
Beginning balance (in shares) at Jun. 30, 2019		269,834,000	(803,000)
Beginning balance at Jun. 30, 2019	$ 3,884,670	$ 1,774,214	$ (28,766)	$ 2,113,883	$ 24,124	$ 1,215
Issuance of Common Shares
Under employee stock option plans (in shares)		1,301,000
Under employee stock option plans	34,773	$ 34,773
Under employee stock purchase plans (in shares)		499,000
Under employee stock purchase plans	17,757	$ 17,757
Share-based compensation	$ 21,530	21,530
Purchase of treasury stock (in shares)	(300,000)		(300,000)
Purchase of treasury stock	$ (12,424)		$ (12,424)
Issuance of treasury stock (in shares)	255,502		256,000
Issuance of treasury stock	$ 0	$ (9,124)	$ 9,124
Dividends declared	(141,377)			(141,377)
Other comprehensive income (loss) - net	(14,658)				(14,658)
Non-controlling interest	(39)					(39)
Net income for the period	207,945			207,833		112
Ending balance (in shares) at Mar. 31, 2020		271,634,000	(847,000)
Ending balance at Mar. 31, 2020	3,998,177	$ 1,839,150	$ (32,066)	2,180,339	9,466	1,288
Beginning balance (in shares) at Jun. 30, 2019		269,834,000	(803,000)
Beginning balance at Jun. 30, 2019	$ 3,884,670	$ 1,774,214	$ (28,766)	2,113,883	24,124	1,215
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accounting Standards Update	us-gaap:AccountingStandardsUpdate201613Member
Ending balance (in shares) at Jun. 30, 2020		271,863,000	(622,000)
Ending balance at Jun. 30, 2020	$ 4,006,709	$ 1,851,777	$ (23,608)	2,159,396	17,825	1,319	$ (2,450)	$ (2,450)
Beginning balance (in shares) at Dec. 31, 2019		270,609,000	(847,000)
Beginning balance at Dec. 31, 2019	3,999,232	$ 1,803,663	$ (32,066)	2,201,653	24,690	1,292
Issuance of Common Shares
Under employee stock option plans (in shares)		886,000
Under employee stock option plans	23,414	$ 23,414
Under employee stock purchase plans (in shares)		139,000
Under employee stock purchase plans	5,217	$ 5,217
Share-based compensation	$ 6,856	$ 6,856
Purchase of treasury stock (in shares)	0
Issuance of treasury stock (in shares)	0
Dividends declared	$ (47,279)			(47,279)
Other comprehensive income (loss) - net	(15,224)				(15,224)
Non-controlling interest	(39)					(39)
Net income for the period	26,000			25,965		35
Ending balance (in shares) at Mar. 31, 2020		271,634,000	(847,000)
Ending balance at Mar. 31, 2020	3,998,177	$ 1,839,150	$ (32,066)	2,180,339	9,466	1,288
Beginning balance (in shares) at Jun. 30, 2020		271,863,000	(622,000)
Beginning balance at Jun. 30, 2020	$ 4,006,709	$ 1,851,777	$ (23,608)	2,159,396	17,825	1,319	$ (2,450)	$ (2,450)
Issuance of Common Shares
Under employee stock option plans (in shares)	742,636	743,000
Under employee stock option plans	$ 23,768	$ 23,768
Under employee stock purchase plans (in shares)		367,000	193,000
Under employee stock purchase plans	20,664	$ 13,974	$ 6,690
Share-based compensation	$ 38,619	38,619
Purchase of treasury stock (in shares)	(1,455,088)		(1,455,000)
Purchase of treasury stock	$ (64,847)		$ (64,847)
Issuance of treasury stock (in shares)	509,721		316,000
Issuance of treasury stock	$ 0	$ (12,379)	$ 12,379
Dividends declared	(156,288)			(156,288)
Other comprehensive income (loss) - net	36,249				36,249
Net income for the period	129,501			129,389		112
Ending balance (in shares) at Mar. 31, 2021		272,973,000	(1,568,000)
Ending balance at Mar. 31, 2021	4,031,925	$ 1,915,759	$ (69,386)	2,130,047	54,074	1,431
Beginning balance (in shares) at Dec. 31, 2020		272,589,000	(1,101,000)
Beginning balance at Dec. 31, 2020	4,003,247	$ 1,889,857	$ (47,555)	2,093,076	66,476	1,393
Issuance of Common Shares
Under employee stock option plans (in shares)		219,000
Under employee stock option plans	8,270	$ 8,270
Under employee stock purchase plans (in shares)		165,000
Under employee stock purchase plans	6,421	$ 6,421
Share-based compensation	$ 12,357	12,357
Purchase of treasury stock (in shares)	(489,934)		(490,000)
Purchase of treasury stock	$ (22,977)		$ (22,977)
Issuance of treasury stock (in shares)	23,640		23,000
Issuance of treasury stock	$ 0	$ (1,146)	$ 1,146
Dividends declared	(54,519)			(54,519)
Other comprehensive income (loss) - net	(12,402)				(12,402)
Net income for the period	91,528			91,490		38
Ending balance (in shares) at Mar. 31, 2021		272,973,000	(1,568,000)
Ending balance at Mar. 31, 2021	$ 4,031,925	$ 1,915,759	$ (69,386)	$ 2,130,047	$ 54,074	$ 1,431

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020
Statement of Stockholders' Equity [Abstract]
Dividends declared per common share (in dollars per share)	$ 0.2008	$ 0.1746	$ 0.5762	$ 0.5238

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Cash flows from operating activities:
Net income for the period	$ 129,501,000	$ 207,945,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of intangible assets	393,900,000	372,368,000
Share-based compensation expense	38,619,000	21,530,000
Pension expense	4,670,000	4,323,000
Amortization of debt issuance costs	3,395,000	3,503,000
Loss on extinguishment of debt	0	17,854,000
Loss on sale and write down of property and equipment	1,979,000	0
Deferred taxes	80,844,000	36,711,000
Share in net (income) loss of equity investees	(20,020,000)	(6,475,000)
Changes in operating assets and liabilities:
Accounts receivable	87,072,000	86,188,000
Contract assets	(29,035,000)	(26,665,000)
Prepaid expenses and other current assets	(2,528,000)	(7,355,000)
Income taxes	(117,594,000)	(34,608,000)
Accounts payable and accrued liabilities	(27,327,000)	(42,263,000)
Deferred revenue	62,600,000	38,280,000
Other assets	765,000	7,436,000
Operating lease assets and liabilities, net	(26,910,000)	(4,486,000)
Net cash provided by operating activities	579,931,000	674,286,000
Cash flows from investing activities:
Additions of property and equipment	(36,267,000)	(55,005,000)
Purchase of XMedius	444,000	(73,335,000)
Purchase of Carbonite, Inc., net of cash and restricted cash acquired	0	(1,305,097,000)
Purchase of Dynamic Solutions Group Inc.	(371,000)	(4,149,000)
Other investing activities	(2,018,000)	(11,344,000)
Net cash used in investing activities	(38,212,000)	(1,448,930,000)
Cash flows from financing activities:
Proceeds from issuance of Common Shares from exercise of stock options and ESPP	45,780,000	53,107,000
Proceeds from long-term debt and Revolver	0	3,150,000,000
Repayment of long-term debt and Revolver	(607,500,000)	(1,711,131,000)
Debt extinguishment costs (note 22)	0	(11,248,000)
Debt issuance costs	0	(18,170,000)
Purchase of treasury stock	(64,847,000)	(12,424,000)
Payments of dividends to shareholders	(156,288,000)	(141,377,000)
Net cash provided by (used in) financing activities	(782,855,000)	1,308,757,000
Foreign exchange gain (loss) on cash held in foreign currencies	22,553,000	(20,060,000)
Increase (decrease) in cash, cash equivalents and restricted cash during the period	(218,583,000)	514,053,000
Cash, cash equivalents and restricted cash at beginning of the period	1,697,263,000	943,543,000
Cash, cash equivalents and restricted cash at end of the period	1,478,680,000	1,457,596,000
Reconciliation of cash, cash equivalents and restricted cash:
Total cash, cash equivalents and restricted cash	$ 1,478,680,000	$ 1,457,596,000

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Mar. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION The accompanying Condensed Consolidated Financial Statements include the accounts of Open Text Corporation and our subsidiaries, collectively referred to as "OpenText" or the "Company". We wholly own all of our subsidiaries with the exception of Open Text South Africa Proprietary Ltd. (OT South Africa) and EC1 Pte. Ltd. (GXS Singapore), which as of March 31, 2021, were 70% and 81% owned, respectively, by OpenText. All intercompany balances and transactions have been eliminated. Throughout this Quarterly Report on Form 10-Q: (i) the term "Fiscal 2021" means our fiscal year beginning on July 1, 2020 and ending June 30, 2021; (ii) the term “Fiscal 2020” means our fiscal year beginning on July 1, 2019 and ended June 30, 2020; (iii) the term “Fiscal 2019” means our fiscal year beginning on July 1, 2018 and ended June 30, 2019; (iv) the term “Fiscal 2018” means our fiscal year beginning on July 1, 2017 and ended June 30, 2018; and (v) the term “Fiscal 2017” means our fiscal year beginning on July 1, 2016 and ended June 30, 2017. These Condensed Consolidated Financial Statements are expressed in U.S. dollars and are prepared in accordance with United States generally accepted accounting principles (U.S. GAAP). The information furnished reflects all adjustments necessary for a fair presentation of the results for the periods presented. Use of estimates The preparation of financial statements in conformity with U.S. GAAP requires us to make certain estimates, judgments and assumptions that affect the amounts reported in the Condensed Consolidated Financial Statements. These estimates, judgments and assumptions are evaluated on an ongoing basis. We base our estimates on historical experience and on various other assumptions that we believe are reasonable at that time, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from those estimates. In particular, key estimates, judgments and assumptions include those related to: (i) revenue recognition, (ii) accounting for income taxes, (iii) testing of goodwill for impairment, (iv) the valuation of acquired intangible assets, (v) the valuation of long-lived assets, (vi) the recognition of contingencies, (vii) restructuring accruals, (viii) acquisition accruals and pre-acquisition contingencies, (ix) the valuation of stock options granted and obligations related to share-based payments, including the valuation of our long-term incentive plans, and (x) the valuation of pension obligations. In March 2020, COVID-19 was characterized as a pandemic by the World Health Organization. The spread of COVID-19 continues to significantly impact the global economy. As the impacts of the pandemic continue to evolve, estimates and assumptions about future events and their effects cannot be determined with certainty and therefore require increased judgment. As of March 31, 2021, we have recorded certain estimates resulting from the pandemic, particularly with respect to the COVID-19 Restructuring Plan (as defined herein) and allowance for credit losses, based on management's estimates and assumptions utilizing the most currently available information. Such estimates may be subject to change particularly given the unprecedented nature of the COVID-19 pandemic. We will continue to monitor the potential impact of COVID-19 on our financial statements and related disclosures, including the need for additional estimates going forward, which could include costs related to potential items such as special charges (recoveries), restructurings, asset impairments and other non-recurring costs. Please see note 18 "Special Charges (Recoveries)" and "Risk Factors" included within Part II, Item 1A of this Quarterly Report on Form 10-Q and "Risk Factors" included in our Annual Report on Form 10-K for Fiscal 2020. Impact of Recently Adopted Accounting Pronouncements Financial Instruments Effective July 1, 2020, we adopted Accounting Standards Update (ASU) No. 2016-13 "Financial Instruments - Credit Losses (Topic 326)" on a modified retrospective basis through a cumulative-effect adjustment to opening retained earnings. Topic 326 requires the measurement and recognition of expected credit losses for financial assets held at amortized cost. This replaces the existing incurred loss model with an expected loss model and requires the use of forward-looking information to calculate credit loss estimates. Results for reporting periods effective as of July 1, 2020 are presented under the new standard, while prior period results continue to be reported under the previous standards. As a result of this adoption, we recorded a decrease to retained earnings of $2.5 million as of July 1, 2020 with the following corresponding impacts: • A decrease in accounts receivable trade, net of $3.0 million; • A decrease in contract assets of $0.3 million; and • An increase to deferred tax assets of $0.8 million. The adoption of Topic 326 had no impact on the Condensed Consolidated Statements of Income, Condensed Consolidated Statements of Comprehensive Income or Condensed Consolidated Statements of Cash Flows. Please see note 4 "Allowance for Credit Losses" for additional information.

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	9 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	RECENT ACCOUNTING PRONOUNCEMENTS Pronouncements Adopted in Fiscal 2021 During Fiscal 2021, we have adopted the following ASU, in addition to those discussed in note 1 "Basis of Presentation". The ASU listed below did not have a material impact to our reported financial position, results of operations or cash flows:

REVENUES

REVENUES	9 Months Ended
	Mar. 31, 2021
Revenue from Contract with Customer [Abstract]
REVENUES	REVENUES Disaggregation of Revenue We have four revenue streams: cloud services and subscriptions, customer support, license, and professional service and other. The following tables disaggregate our revenue by significant geographic area, based on the location of our end customer, and by type of performance obligation and timing of revenue recognition for the periods indicated: Three Months Ended March 31, Nine Months Ended March 31, 2021 2020 2021 2020 Total Revenues by Geography: Americas (1) $ 507,892 $ 509,778 $ 1,533,400 $ 1,380,179 EMEA (2) 258,010 240,529 754,966 702,964 Asia Pacific (3) 67,029 64,372 204,222 199,981 Total revenues $ 832,931 $ 814,679 $ 2,492,588 $ 2,283,124 Total Revenues by Type of Performance Obligation: Recurring revenues (4) Cloud services and subscriptions revenue $ 355,845 $ 339,463 $ 1,047,285 $ 825,068 Customer support revenue 335,915 322,865 999,806 950,671 Total recurring revenues $ 691,760 $ 662,328 $ 2,047,091 $ 1,775,739 License revenue (perpetual, term and subscriptions) 76,299 81,055 252,170 297,048 Professional service and other revenue 64,872 71,296 193,327 210,337 Total revenues $ 832,931 $ 814,679 $ 2,492,588 $ 2,283,124 Total Revenues by Timing of Revenue Recognition: Point in time $ 76,299 $ 81,055 $ 252,170 $ 297,048 Over time (including professional service and other revenue) 756,632 733,624 2,240,418 1,986,076 Total revenues $ 832,931 $ 814,679 $ 2,492,588 $ 2,283,124 (1) Americas consists of countries in North, Central and South America. (2) EMEA primarily consists of countries in Europe, the Middle East and Africa. (3) Asia Pacific primarily consists of Japan, Australia, China, Korea, Philippines, Singapore and New Zealand. (4) Recurring revenue is defined as the sum of Cloud services and subscriptions revenue and Customer support revenue. Contract Balances A contract asset, net of allowance for credit losses, will be recorded if we have recognized revenue but do not have an unconditional right to the related consideration from the customer. For example, this will be the case if implementation services offered in a cloud arrangement are identified as a separate performance obligation and are provided to a customer prior to us being able to bill the customer. In addition, a contract asset may arise in relation to subscription licenses if the license revenue that is recognized upfront exceeds the amount that we are able to invoice the customer at that time. Contract assets are reclassified to accounts receivable when the rights become unconditional. The balance for our contract assets and contract liabilities (i.e. deferred revenues) for the periods indicated below were as follows: As of March 31, 2021 As of June 30, 2020 Short-term contract assets $ 26,276 $ 29,570 Long-term contract assets $ 18,594 $ 15,427 Short-term deferred revenues $ 873,581 $ 812,218 Long-term deferred revenues $ 99,679 $ 94,382 The difference in the opening and closing balances of our contract assets and deferred revenues primarily results from the timing difference between our performance and the customer’s payments. We fulfill our obligations under a contract with a customer by transferring products and services in exchange for consideration from the customer. During the nine months ended March 31, 2021, we reclassified $28.7 million of contract assets to receivables as a result of the right to the transaction consideration becoming unconditional. During the three and nine months ended March 31, 2021 and 2020, respectively, there was no significant impairment loss recognized related to contract assets. We recognize deferred revenue when we have received consideration or an amount of consideration is due from the customer for future obligations to transfer products or services. Our deferred revenues primarily relate to customer support agreements which have been paid for by customers prior to the performance of those services. The amount of revenue that was recognized during the nine months ended March 31, 2021 that was included in the deferred revenue balances at June 30, 2020 was $737 million (nine months ended March 31, 2020—$591 million, that was included in the deferred revenue balances at June 30, 2019). Incremental Costs of Obtaining a Contract with a Customer Incremental costs of obtaining a contract include only those costs that we incur to obtain a contract that we would have not incurred if the contract had not been obtained, such as sales commissions. The following table summarizes the changes in total capitalized costs to obtain a contract, since June 30, 2020: Capitalized costs to obtain a contract as of June 30, 2020 $ 61,163 New capitalized costs incurred 20,586 Amortization of capitalized costs (16,227) Adjustments on account of foreign exchange 1,268 Capitalized costs to obtain a contract as of March 31, 2021 $ 66,790 During the three and nine months ended March 31, 2021 and 2020, respectively, there was no significant impairment loss recognized related to capitalized costs to obtain a contract. Transaction Price Allocated to the Remaining Performance Obligations

ALLOWANCE FOR CREDIT LOSSES

ALLOWANCE FOR CREDIT LOSSES	9 Months Ended
	Mar. 31, 2021
Receivables [Abstract]
ALLOWANCE FOR CREDIT LOSSES	ALLOWANCE FOR CREDIT LOSSES In accordance with Topic 326, we recognize expected credit losses for accounts receivable and contract assets based on lifetime expected losses. We recognize a loss allowance using a collective assessment for accounts receivable, including contract assets, with similar risk characteristics based on historical credit loss experience, adjusted for forward-looking factors specific to the debtors and economic environment. We continue to maintain an allowance for 100% of all accounts deemed to be uncollectible. Customer creditworthiness is evaluated prior to order fulfillment and based on evaluations, we adjust our credit limit to the respective customer. In addition to these evaluations, we conduct on-going credit evaluations of our customers' payment history and current creditworthiness. To date, the actual losses have been within our expectations. The following illustrates the activity in our allowance for credit losses on accounts receivable: Balance as of June 30, 2020 $ 20,906 Adoption of Topic 326 - cumulative effect 3,025 Credit loss expense 5,256 Write-off /adjustments (6,256) Balance as of March 31, 2021 $ 22,931 Included in accounts receivable are unbilled receivables in the amount of $48.4 million as of March 31, 2021 (June 30, 2020—$55.2 million). As of March 31, 2021, we have an allowance for credit losses of $0.2 million for contract assets, as a result of the adoption of Topic 326. For additional information on contract assets please see note 3 "Revenues".

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	9 Months Ended
	Mar. 31, 2021
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	PROPERTY AND EQUIPMENT As of March 31, 2021 Cost Accumulated Net Furniture and fixtures $ 39,110 $ (32,016) $ 7,094 Office equipment 2,435 (1,187) 1,248 Computer hardware 305,160 (207,092) 98,068 Computer software 123,173 (100,940) 22,233 Capitalized software development costs 122,924 (82,641) 40,283 Leasehold improvements 107,204 (78,671) 28,533 Land and buildings 48,289 (15,231) 33,058 Total $ 748,295 $ (517,778) $ 230,517 As of June 30, 2020 Cost Accumulated Net Furniture and fixtures $ 39,158 $ (28,473) $ 10,685 Office equipment 2,272 (1,329) 943 Computer hardware 294,745 (198,194) 96,551 Computer software 127,299 (103,057) 24,242 Capitalized software development costs 111,202 (70,015) 41,187 Leasehold improvements 111,384 (74,395) 36,989 Land and buildings 49,268 (15,310) 33,958 Total $ 735,328 $ (490,773) $ 244,555

LEASES

LEASES	9 Months Ended
	Mar. 31, 2021
Leases [Abstract]
LEASES	LEASES We enter into operating leases, both domestically and internationally, for certain facilities, automobiles, data centers and equipment for use in the ordinary course of business. The duration of the majority of these leases generally range from 1 to 10 years, some of which include options to extend for an additional 3 to 5 years after the initial term. Additionally, the land upon which our headquarters in Waterloo, Ontario, Canada is located is leased from the University of Waterloo for a period of 49 years beginning in December 2005, with an option to renew for an additional term of 49 years. Leases with an initial term of 12 months or less are not recorded on the Condensed Consolidated Balance Sheets and we do not have any material finance leases. We account for a contract as a lease when we have the right to direct the use of the asset for a period of time while obtaining substantially all of the asset’s economic benefits. We determine the initial classification and measurement of our right of use (ROU) assets and lease liabilities at the lease commencement date and thereafter if modified. ROU assets represent our right to control the underlying assets under lease, and the lease liability is our obligation to make the lease payments related to the underlying assets under lease, over the contractual term. ROU assets and lease liabilities are recognized on the Condensed Consolidated Balance Sheets based on the present value of future minimum lease payments to be made over the lease term. When available, we will use the rate implicit in the lease to discount lease payments to present value. However, real estate leases generally do not provide a readily determinable implicit rate, therefore, we must estimate our incremental borrowing rate to discount the lease payments. We estimate our incremental borrowing rate based on a collateralized basis with similar terms and payments, in an economic environment where the leased asset is located. The ROU asset equals the lease liability, adjusted for any initial direct costs, prepaid rent and lease incentives on initial recognition. Fixed lease costs are included in the recognition of ROU assets and lease liabilities. Variable lease costs are not included in the measurement of the lease liability. These variable lease payments are recognized in the Condensed Consolidated Statements of Income in the period in which the obligation for those payments is incurred. Lease expense for minimum lease payments continue to be recognized in the Condensed Consolidated Statements of Income on a straight-line basis over the lease term. We have not elected the practical expedient to combine lease and non-lease components in the determination of lease costs for our facility leases. For all other asset classes, we have elected the practical expedient to combine the lease and the non-lease components. The lease liability includes lease payments related to options to extend or renew the lease term only if we are reasonably certain we will exercise those options. Our leases typically do not contain any material residual value guarantees or restrictive covenants. In certain circumstances, we sublease all or a portion of a leased facility to various other companies through a sublease agreement. Lease Costs and Other Information The following illustrates the various components of operating lease costs for the period indicated: Three Months Ended March 31, Nine Months Ended March 31, 2021 2020 2021 2020 Operating lease cost $ 16,065 $ 19,157 $ 47,327 $ 51,259 Short-term lease cost 222 455 724 743 Variable lease cost 852 1,140 2,152 2,647 Sublease income (1,569) (1,481) (4,762) (4,618) Total lease cost $ 15,570 $ 19,271 $ 45,441 $ 50,031 The weighted average remaining lease term and discount rate for the periods indicated below were as follows: As of March 31, 2021 As of June 30, 2020 Weighted-average remaining lease term 6.45 years 6.18 years Weighted-average discount rate 2.81 % 3.12 % Supplemental Cash Flow Information The following table presents supplemental information relating to cash flows arising from lease transactions. Cash payments made for variable lease cost and short-term lease are not included in the measurement of operating lease liabilities, and, as such, are excluded from the amounts below: Nine Months Ended March 31, 2021 2020 Cash paid for amounts included in the measurement of operating lease liabilities $ 56,645 $ 53,996 Right of use assets obtained in exchange for new operating lease liabilities (1) (2) $ 59,762 $ 15,964 (1) Excludes the impact of $60.1 million and $2.9 million of ROU assets acquired through the acquisitions of Carbonite, Inc. (Carbonite) and XMedius, respectively, during the nine months ended March 31, 2020. (2) Excludes the release of $22.3 million of lease liabilities during the nine months ended March 31, 2021 relating to office space that was abandoned during the fourth quarter of Fiscal 2020 that has since been early terminated or assigned to a third party. These recoveries have been recorded in "Special charges (recoveries)" in the Condensed Consolidated Statements of Income. Please see note 18 "Special Charges (Recoveries)". Maturity of Lease Liabilities The following table presents the future minimum lease payments under our operating leases liabilities as of March 31, 2021: Fiscal years ending June 30, 2021 (three months ended) $ 15,796 2022 62,238 2023 52,597 2024 42,075 2025 31,916 Thereafter 94,010 Total Lease payments $ 298,632 Less: Imputed interest (24,905) Total $ 273,727 Reported as: Current operating lease liabilities $ 56,143 Non-current operating lease liabilities 217,584 Total $ 273,727

GOODWILL

GOODWILL	9 Months Ended
	Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL	GOODWILL Goodwill is recorded when the consideration paid for an acquisition of a business exceeds the fair value of identifiable net tangible and intangible assets. The following table summarizes the changes in goodwill since June 30, 2020: Balance as of June 30, 2020 $ 4,672,356 Adjustments relating to acquisitions prior to Fiscal 2021 that had open measurement periods (note 19) (2,002) Impact of foreign exchange rate changes 18,095 Balance as of March 31, 2021 $ 4,688,449

ACQUIRED INTANGIBLE ASSETS

ACQUIRED INTANGIBLE ASSETS	9 Months Ended
	Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
ACQUIRED INTANGIBLE ASSETS	ACQUIRED INTANGIBLE ASSETS As of March 31, 2021 Cost Accumulated Amortization Net Technology assets $ 1,002,970 $ (582,511) $ 420,459 Customer assets 1,418,736 (547,399) 871,337 Total $ 2,421,706 $ (1,129,910) $ 1,291,796 As of June 30, 2020 Cost Accumulated Amortization Net Technology assets $ 1,084,144 $ (502,376) $ 581,768 Customer assets 1,434,832 (404,036) 1,030,796 Total $ 2,518,976 $ (906,412) $ 1,612,564 Where applicable, the above balances as of March 31, 2021 have been reduced to reflect the impact of intangible assets where the gross cost has become fully amortized during the nine months ended March 31, 2021. The impact of this resulted in a reduction of $85.9 million to technology assets and $21.0 million to customer assets. The weighted average amortization periods for acquired technology and customer intangible assets are approximately five years and seven years, respectively. The following table shows the estimated future amortization expense for the fiscal years indicated. This calculation assumes no future adjustments to acquired intangible assets: Fiscal years ending June 30, 2021 (three months ended) $ 105,459 2022 398,732 2023 316,753 2024 235,776 2025 123,345 2026 and beyond 111,731 Total $ 1,291,796

OTHER ASSETS

OTHER ASSETS	9 Months Ended
	Mar. 31, 2021
Other Assets, Noncurrent Disclosure [Abstract]
OTHER ASSETS	OTHER ASSETS As of March 31, 2021 As of June 30, 2020 Deposits and restricted cash $ 10,938 $ 11,612 Capitalized costs to obtain a contract 46,540 43,029 Investments 93,447 76,002 Long-term prepaid expenses and other long-term assets 24,040 23,824 Total $ 174,965 $ 154,467 Deposits and restricted cash primarily relate to security deposits provided to landlords in accordance with facility lease agreements and cash restricted per the terms of certain contractual-based agreements. Capitalized costs to obtain a contract relate to incremental costs of obtaining a contract, such as sales commissions, which are eligible for capitalization on contracts to the extent that such costs are expected to be recovered (see note 3 "Revenues"). Investments relate to certain investment funds in which we are a limited partner. Our interests in each of these investees range from 4% to below 20%. These investments are accounted for using the equity method. Our share of net income or losses based on our interest in these investments is recorded as a component of Other income (expense), net in our Condensed Consolidated Statements of Income (see note 22 "Other Income (Expense), Net"). During the three and nine months ended March 31, 2021, our share of income (loss) from these investments was $11.8 million and $20.0 million, respectively (three and nine months ended March 31, 2020—$4.5 million and $6.5 million, respectively). Long-term prepaid expenses and other long-term assets includes advance payments on long-term licenses that are being amortized over the applicable terms of the licenses and other miscellaneous assets.

ACCOUNTS PAYABLE AND ACCRUED LI

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	9 Months Ended
	Mar. 31, 2021
Accounts Payable and Accrued Liabilities [Abstract]
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	ACCOUNTS PAYABLE AND ACCRUED LIABILITIES Accounts payable and accrued liabilities: As of March 31, 2021 As of June 30, 2020 Accounts payable—trade $ 65,074 $ 41,469 Accrued salaries and commissions 152,389 155,496 Accrued liabilities 94,454 78,793 Accrued sales and other tax liabilities 26,509 50,255 Accrued interest on Senior Notes 25,646 30,761 Amounts payable in respect of restructuring and other special charges 6,090 12,185 Asset retirement obligations 2,657 4,355 Total $ 372,819 $ 373,314 Long-term accrued liabilities: As of March 31, 2021 As of June 30, 2020 Amounts payable in respect of restructuring and other special charges $ 3,318 $ 13,768 Other accrued liabilities 10,928 8,215 Asset retirement obligations 13,603 12,972 Total $ 27,849 $ 34,955 Asset retirement obligations We are required to return certain of our leased facilities to their original state at the conclusion of our lease. As of March 31, 2021, the present value of this obligation was $16.3 million (June 30, 2020—$17.3 million), with an undiscounted value of $17.1 million (June 30, 2020—$18.7 million).

LONG-TERM DEBT

LONG-TERM DEBT	9 Months Ended
	Mar. 31, 2021
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT As of March 31, 2021 As of June 30, 2020 Total debt Senior Notes 2030 $ 900,000 $ 900,000 Senior Notes 2028 900,000 900,000 Senior Notes 2026 850,000 850,000 Term Loan B 970,000 977,500 Revolver — 600,000 Total principal payments due 3,620,000 4,227,500 Premium on Senior Notes 2026 4,244 4,756 Debt issuance costs (34,038) (37,945) Total amount outstanding 3,590,206 4,194,311 Less: Current portion of long-term debt Term Loan B 10,000 10,000 Revolver — 600,000 Total current portion of long-term debt 10,000 610,000 Non-current portion of long-term debt $ 3,580,206 $ 3,584,311 Senior Unsecured Fixed Rate Notes Senior Notes 2030 On February 18, 2020, OpenText Holdings, Inc. a wholly-owned indirect subsidiary of the Company, issued $900 million in aggregate principal amount of 4.125% Senior Notes due 2030 guaranteed by the Company (Senior Notes 2030) in an unregistered offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (Securities Act), and to certain persons in offshore transactions pursuant to Regulation S under the Securities Act. Senior Notes 2030 bear interest at a rate of 4.125% per annum, payable semi-annually in arrears on February 15 and August 15, commencing on August 15, 2020. Senior Notes 2030 will mature on February 15, 2030, unless earlier redeemed, in accordance with their terms, or repurchased. For the three and nine months ended March 31, 2021, we recorded interest expense of $9.3 million and $27.8 million, respectively, relating to Senior Notes 2030 (three and nine months ended March 31, 2020—$4.4 million, respectively). Senior Notes 2028 On February 18, 2020, we issued $900 million in aggregate principal amount of 3.875% Senior Notes due 2028 (Senior Notes 2028) in an unregistered offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act and to certain persons in offshore transactions pursuant to Regulation S under the Securities Act. Senior Notes 2028 bear interest at a rate of 3.875% per annum, payable semi-annually in arrears on February 15 and August 15, commencing on August 15, 2020. Senior Notes 2028 will mature on February 15, 2028, unless earlier redeemed, in accordance with their terms, or repurchased. For the three and nine months ended March 31, 2021, we recorded interest expense of $8.7 million and $26.0 million, respectively, relating to Senior Notes 2028 (three and nine months ended March 31, 2020—$4.2 million, respectively). Senior Notes 2026 On May 31, 2016, we issued $600 million in aggregate principal amount of 5.875% Senior Notes due 2026 (Senior Notes 2026) in an unregistered offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act and to certain persons in offshore transactions pursuant to Regulation S under the Securities Act. Senior Notes 2026 bear interest at a rate of 5.875% per annum, payable semi-annually in arrears on June 1 and December 1, commencing on December 1, 2016. Senior Notes 2026 will mature on June 1, 2026, unless earlier redeemed, in accordance with their terms, or repurchased. On December 20, 2016, we issued an additional $250 million in aggregate principal amount by reopening our Senior Notes 2026 at an issue price of 102.75%. The additional notes have identical terms, are fungible with and are a part of a single series with the previously issued $600 million aggregate principal amount of Senior Notes 2026. The outstanding aggregate principal amount of Senior Notes 2026, after taking into consideration the additional issuance, is $850 million. For the three and nine months ended March 31, 2021, we recorded interest expense of $12.5 million and $37.5 million, respectively, relating to Senior Notes 2026 (three and nine months ended March 31, 2020—$12.5 million and $37.5 million, respectively). Term Loan B On May 30, 2018, we refinanced our existing term loan facility, by entering into a new $1 billion term loan facility (Term Loan B), whereby we borrowed $1 billion on that day and repaid in full the loans under our prior $800 million term loan facility originally entered into on January 16, 2014. Borrowings under Term Loan B are secured by a first charge over substantially all of our assets on a pari passu basis with the Revolver (defined below). Term Loan B has a seven year term, maturing in May 2025, and repayments made under Term Loan B are equal to 0.25% of the principal amount in equal quarterly installments for the life of Term Loan B, with the remainder due at maturity. Borrowings under Term Loan B currently bear a floating rate of interest equal to 1.75% plus LIBOR. As of March 31, 2021, the outstanding balance on the Term Loan B bears an interest rate of 1.86%. For more information regarding the impact of LIBOR, see "Stress in the global financial system may adversely affect our finances and operations in ways that may be hard to predict or to defend against" included within "Risk Factors" in our Annual Report on Form 10-K for Fiscal 2020. Under Term Loan B, we must maintain a “consolidated net leverage” ratio of no more than 4:1 at the end of each financial quarter. Consolidated net leverage ratio is defined for this purpose as the proportion of our total debt reduced by unrestricted cash, including guarantees and letters of credit, over our trailing twelve months net income before interest, taxes, depreciation, amortization, restructuring, share-based compensation and other miscellaneous charges. As of March 31, 2021, our consolidated net leverage ratio was 1.6:1. For the three and nine months ended March 31, 2021, we recorded interest expense of $4.6 million and $14.1 million, respectively, relating to Term Loan B (three and nine months ended March 31, 2020—$8.5 million and $27.6 million, respectively). Revolver On October 31, 2019, we amended our committed revolving credit facility (the Revolver) to increase the total commitments under the Revolver from $450 million to $750 million as well as to extend the maturity from May 5, 2022 to October 31, 2024. Borrowings under the Revolver are secured by a first charge over substantially all of our assets, on a pari passu basis with Term Loan B. The Revolver has no fixed repayment date prior to the end of the term. Borrowings under the Revolver bear interest per annum at a floating rate of LIBOR plus a fixed margin dependent on our consolidated net leverage ratio ranging from 1.25% to 1.75%. For more information regarding the impact of LIBOR, see "Stress in the global financial system may adversely affect our finances and operations in ways that may be hard to predict or to defend against" included within "Risk Factors" in our Annual Report on Form 10-K for Fiscal 2020. During the second quarter of Fiscal 2021, we repaid $600 million previously drawn on the Revolver using cash on hand. As of March 31, 2021, we had no outstanding balance under the Revolver (June 30, 2020—$600 million). During the three and nine months ended March 31, 2021, we recorded interest expense of nil and $3.6 million, respectively, relating to amounts previously drawn. During the second quarter of Fiscal 2020, we drew down $750 million from the Revolver to partially fund the acquisition of Carbonite. In February 2020, we repaid $750 million drawn under the Revolver with a portion of the proceeds from the Senior Notes 2030 and Senior Notes 2028. In March 2020, we drew down $600 million from the Revolver as a preemptive measure in order to increase our cash position and preserve financial flexibility in light of uncertainty in the global markets resulting from the COVID-19 outbreak. As of March 31, 2020, $600 million remained outstanding. During the three and nine months ended March 31, 2020, we recorded interest expense of $3.7 million and $4.3 million, respectively, relating to amounts previously drawn. Debt Issuance Costs and Premium on Senior Notes Debt issuance costs relate primarily to costs incurred for the purpose of obtaining our credit facilities and issuing our Senior Notes 2026, Senior Notes 2028 and Senior Notes 2030 (collectively referred to as the Senior Notes) and are being amortized over the respective terms of the Senior Notes and Term Loan B and the Revolver using the effective interest method.

PENSION PLANS AND OTHER POST RE

PENSION PLANS AND OTHER POST RETIREMENT BENEFITS	9 Months Ended
	Mar. 31, 2021
Retirement Benefits [Abstract]
PENSION PLANS AND OTHER POST RETIREMENT BENEFITS	PENSION PLANS AND OTHER POST RETIREMENT BENEFITS The following table provides details of our defined benefit pension plans and long-term employee benefit obligations for Open Text Document Technologies GmbH (CDT), GXS GmbH (GXS GER), GXS Philippines, Inc. (GXS PHP) and other plans as of March 31, 2021 and June 30, 2020: As of March 31, 2021 Total benefit Current portion of benefit obligation (1) Non-current portion of CDT defined benefit plan $ 35,001 $ 861 $ 34,140 GXS GER defined benefit plan 25,564 1,007 24,557 GXS PHP defined benefit plan 13,652 210 13,442 Other plans 9,231 721 8,510 Total $ 83,448 $ 2,799 $ 80,649 As of June 30, 2020 Total benefit Current portion of benefit obligation (1) Non-current portion of CDT defined benefit plan $ 32,851 $ 777 $ 32,074 GXS GER defined benefit plan 24,105 943 23,162 GXS PHP defined benefit plan 10,270 115 10,155 Other plans 8,590 852 7,738 Total $ 75,816 $ 2,687 $ 73,129 (1) The current portion of the benefit obligation has been included within "Accrued salaries and commissions", all within "Accounts payable and accrued liabilities" in the Condensed Consolidated Balance Sheets (see note 10 "Accounts Payable and Accrued Liabilities"). Defined Benefit Plans CDT Plan CDT sponsors an unfunded defined benefit pension plan covering substantially all CDT employees (CDT plan) which provides for old age, disability and survivors’ benefits. Benefits under the CDT plan are generally based on age at retirement, years of service and the employee’s annual earnings. The net periodic cost of this pension plan is determined using the projected unit credit method and several actuarial assumptions, the most significant of which are the discount rate and estimated service costs. No contributions have been made since the inception of the plan. Actuarial gains or losses in excess of 10% of the projected benefit obligation are being amortized and recognized as a component of net periodic benefit costs over the average remaining service period of the plan's active employees. GXS GER Plan As part of our acquisition of GXS Group, Inc. (GXS) in Fiscal 2014, we assumed an unfunded defined benefit pension plan covering certain German employees which provides for old age, disability and survivors' benefits. The GXS GER plan has been closed to new participants since 2006. Benefits under the GXS GER plan are generally based on a participant’s remuneration, date of hire, years of eligible service and age at retirement. The net periodic cost of this pension plan is determined using the projected unit credit method and several actuarial assumptions, the most significant of which are the discount rate and estimated service costs. No contributions have been made since the inception of the plan. Actuarial gains or losses in excess of 10% of the projected benefit obligation are being amortized and recognized as a component of net periodic benefit costs over the average remaining service period of the plan’s active employees. GXS PHP Plan As part of our acquisition of GXS in Fiscal 2014, we assumed a primarily unfunded defined benefit pension plan covering substantially all of the GXS Philippines employees which provides for retirement, disability and survivors' benefits. Benefits under the GXS PHP plan are generally based on a participant’s remuneration, years of eligible service and age at retirement. The net periodic cost of this pension plan is determined using the projected unit credit method and several actuarial assumptions, the most significant of which are the discount rate and estimated service costs. Aside from an initial contribution which has a fair value of $0.04 million as of March 31, 2021, no additional contributions have been made since the inception of the plan. Actuarial gains or losses in excess of 10% of the projected benefit obligation are being amortized and recognized as a component of net periodic benefit costs over the average remaining service period of the plan’s active employees. The following are the details of the change in the benefit obligation for each of the above mentioned pension plans for the periods indicated: As of March 31, 2021 As of June 30, 2020 CDT GXS GER GXS PHP Total CDT GXS GER GXS PHP Total Benefit obligation—beginning of fiscal year $ 32,851 $ 24,105 $ 10,270 $ 67,226 $ 35,836 $ 26,739 $ 6,904 $ 69,479 Service cost 354 155 1,245 1,754 572 319 1,247 2,138 Interest cost 378 272 299 949 459 337 368 1,164 Benefits paid (592) (766) (9) (1,367) (644) (926) (792) (2,362) Actuarial (gain) loss 550 725 1,537 2,812 (3,073) (2,083) 2,333 (2,823) Foreign exchange (gain) loss 1,460 1,073 310 2,843 (299) (281) 210 (370) Benefit obligation—end of period 35,001 25,564 13,652 74,217 32,851 24,105 10,270 67,226 Less: Current portion (861) (1,007) (210) (2,078) (777) (943) (115) (1,835) Non-current portion of benefit obligation $ 34,140 $ 24,557 $ 13,442 $ 72,139 $ 32,074 $ 23,162 $ 10,155 $ 65,391 The following are details of net pension expense relating to the following pension plans: Three Months Ended March 31, 2021 2020 Pension expense: CDT GXS GER GXS PHP Total CDT GXS GER GXS PHP Total Service cost $ 117 $ 51 $ 404 $ 572 $ 140 $ 78 $ 305 $ 523 Interest cost 125 90 104 319 112 82 92 286 Amortization of actuarial (gains) and losses 175 28 — 203 234 61 (72) 223 Net pension expense $ 417 $ 169 $ 508 $ 1,094 $ 486 $ 221 $ 325 $ 1,032 Nine Months Ended March 31, 2021 2020 Pension expense: CDT GXS GER GXS PHP Total CDT GXS GER GXS PHP Total Service cost $ 354 $ 155 $ 1,245 $ 1,754 $ 426 $ 237 $ 914 $ 1,577 Interest cost 378 272 299 949 341 250 265 856 Amortization of actuarial (gains) and losses 529 85 — 614 703 183 (215) 671 Net pension expense $ 1,261 $ 512 $ 1,544 $ 3,317 $ 1,470 $ 670 $ 964 $ 3,104 Service-related net periodic pension costs are recorded within operating expense and all other non-service related net periodic pension costs are classified under "Other income (expense), net" on our Condensed Consolidated Statements of Income. In determining the fair value of the pension plan benefit obligations as of March 31, 2021 and June 30, 2020, respectively, we used the following weighted-average key assumptions: As of March 31, 2021 As of June 30, 2020 CDT GXS GER GXS PHP CDT GXS GER GXS PHP Assumptions: Salary increases 1.75% 2.50% 6.50% 1.75% 2.50% 6.50% Pension increases 1.50% 2.00% N/A 1.50% 2.00% N/A Discount rate 1.36% 1.36% 5.00% 1.46% 1.46% 3.50% Normal retirement age 65-67 65-67 60 65-67 65-67 60 Employee fluctuation rate: to age 20 —% —% 13.98% —% —% 12.19% to age 25 —% —% 7.10% —% —% 16.58% to age 30 1.00% —% 3.00% 1.00% —% 13.97% to age 35 0.50% —% 2.44% 0.50% —% 10.77% to age 40 —% —% 2.59% —% —% 7.39% to age 45 0.50% —% 1.15% 0.50% —% 3.28% to age 50 0.50% —% —% 0.50% —% —% from age 51 1.00% —% —% 1.00% —% —% Anticipated pension payments under the pension plans for the fiscal years indicated below are as follows: Fiscal years ending June 30, CDT GXS GER GXS PHP 2021 (three months ended) $ 203 $ 246 $ 28 2022 877 1,014 254 2023 975 1,014 100 2024 1,083 1,022 140 2025 1,130 1,051 190 2026 to 2030 6,486 5,154 2,456 Total $ 10,754 $ 9,501 $ 3,168 Other Plans Other plans include defined benefit pension plans that are offered by certain of our foreign subsidiaries. Many of these plans were assumed through our acquisitions or are required by local regulatory requirements. These other plans are primarily unfunded, with the aggregate projected benefit obligation included in our pension liability. The net periodic costs of these plans are determined using the projected unit credit method and several actuarial assumptions, the most significant of which are the discount rate and estimated service costs.

SHARE CAPITAL, OPTION PLANS AND

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS	9 Months Ended
	Mar. 31, 2021
Share-based Payment Arrangement [Abstract]
SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS	SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS Cash Dividends For the three and nine months ended March 31, 2021, pursuant to the Company’s dividend policy, we declared total non-cumulative dividends of $0.2008 and $0.5762 per Common Share, respectively, in the aggregate amount of $54.5 million and $156.3 million, respectively, which we paid during the same period (three and nine months ended March 31, 2020—$0.1746 and $0.5238 per Common Share, respectively, in the aggregate amount of $47.3 million and $141.4 million, respectively). Share Capital Our authorized share capital includes an unlimited number of Common Shares and an unlimited number of Preference Shares. No Preference Shares have been issued. Treasury Stock From time to time we may provide funds to an independent agent to facilitate repurchases of our Common Shares in connection with the settlement of awards under the Long-Term Incentive Plans (LTIP) or other plans. During the three and nine months ended March 31, 2021, we repurchased 489,934 and 1,455,088 of our Common Shares, respectively, in the open market, at a cost of $23.0 million and $64.8 million, respectively, for potential reissuance under our LTIP or other plans, described below (three and nine months ended March 31, 2020—nil and 300,000 Common Shares, respectively, at a cost of nil and $12.4 million, respectively). During the three and nine months ended March 31, 2021, we reissued 23,640 and 509,721 Common Shares, respectively, from treasury stock in connection with the settlement of awards and other plans (three and nine months ended March 31, 2020— nil and 255,502 Common Shares, respectively). Share Repurchase Plan On November 5, 2020, the Board authorized a share repurchase plan (Repurchase Plan), pursuant to which we may purchase in open market transactions, from time to time over the 12 month period commencing November 12, 2020, up to an aggregate of $350 million of our Common Shares. During the three and nine months ended March 31, 2021, we did not repurchase any of our Common Shares under the Repurchase Plan. Share-Based Payments Total share-based compensation expense for the periods indicated below is detailed as follows: Three Months Ended March 31, Nine Months Ended March 31, 2021 2020 2021 2020 Stock options $ 3,460 $ 2,143 $ 11,329 $ 6,820 Performance Share Units (issued under LTIP) 2,447 1,515 7,486 4,436 Restricted Share Units (issued under LTIP) 1,697 1,478 5,655 4,447 Restricted Share Units (other) 2,807 64 7,877 84 Deferred Share Units (directors) 813 735 2,626 2,610 Employee Share Purchase Plan 1,133 921 3,646 3,133 Total share-based compensation expense $ 12,357 $ 6,856 $ 38,619 $ 21,530 Summary of Outstanding Stock Options As of March 31, 2021, an aggregate of 8,972,754 options to purchase Common Shares were outstanding and an additional 11,254,895 options to purchase Common Shares were available for issuance under our stock option plans. Our stock options generally vest over four years and expire between seven A summary of activity under our stock option plans for the nine months ended March 31, 2021 is as follows: Options Weighted- Weighted- Aggregate Intrinsic Value Outstanding at June 30, 2020 7,429,537 $ 36.18 4.78 $ 49,574 Granted 3,008,209 45.63 Exercised (742,636) 32.01 Forfeited or expired (722,356) 43.88 Outstanding at March 31, 2021 8,972,754 $ 39.07 4.80 $ 77,638 Exercisable at March 31, 2021 2,834,679 $ 32.97 3.00 $ 41,789 We estimate the fair value of stock options using the Black-Scholes option-pricing model or, where appropriate, the Monte Carlo pricing model, consistent with the provisions of ASC Topic 718, "Compensation—Stock Compensation" (Topic 718) and SEC Staff Accounting Bulletin No. 107. The option-pricing models require input of subjective assumptions, including the estimated life of the option and the expected volatility of the underlying stock over the estimated life of the option. We use historical volatility as a basis for projecting the expected volatility of the underlying stock and estimate the expected life of our stock options based upon historical data. We believe that the valuation techniques and the approach utilized to develop the underlying assumptions are appropriate in calculating the fair value of our stock option grants. Estimates of fair value are not intended, however, to predict actual future events or the value ultimately realized by employees who receive equity awards. For the periods indicated, the weighted-average fair value of options and weighted-average assumptions estimated under the Black-Scholes option-pricing model were as follows: Three Months Ended March 31, Nine Months Ended March 31, 2021 2020 2021 2020 Weighted–average fair value of options granted $ 8.86 $ 7.28 $ 8.41 $ 6.95 Weighted-average assumptions used: Expected volatility 26.59 % 21.80 % 26.20 % 21.92 % Risk–free interest rate 0.32 % 1.38 % 0.21 % 1.49 % Expected dividend yield 1.54 % 1.55 % 1.54 % 1.60 % Expected life (in years) 4.14 4.14 4.63 4.13 Forfeiture rate (based on historical rates) 7 % 7 % 7 % 7 % Average exercise share price $ 48.74 $ 44.99 $ 45.57 $ 42.57 For the periods in which performance options were granted, as indicated, the weighted-average fair value of performance options and weighted-average assumptions estimated under the Monte Carlo pricing model were as follows: Nine Months Ended March 31, 2021 Weighted–average fair value of options granted $ 10.18 Derived service period (in years) 1.80 Weighted-average assumptions used: Expected volatility 28.00 % Risk–free interest rate 0.42 % Expected dividend yield 1.70 % Average exercise share price $ 45.81 There were no performance options granted during the three months ended March 31, 2021 or during the three and nine months ended March 31, 2020. As of March 31, 2021, the total compensation cost related to the unvested stock option awards not yet recognized was $41.6 million, which will be recognized over a weighted-average period of 2.9 years. No cash was used by us to settle equity instruments granted under share-based compensation arrangements in any of the periods presented. We have not capitalized any share-based compensation costs as part of the cost of an asset in any of the periods presented. For the three and nine months ended March 31, 2021, cash in the amount of $8.3 million and $23.8 million, respectively, was received as the result of the exercise of options granted under share-based payment arrangements (three and nine months ended March 31, 2020—$23.4 million and $34.8 million, respectively). The tax benefit realized by us during the three and nine months ended March 31, 2021 from the exercise of options eligible for a tax deduction was $0.3 million and $1.4 million, respectively (three and nine months ended March 31, 2020—$0.4 million and $1.3 million, respectively). Long-Term Incentive Plans We incentivize certain eligible employees, in part, with long-term compensation pursuant to our LTIP. The LTIP is a rolling three year program that grants eligible employees a certain number of target Performance Share Units (PSUs) and/or Restricted Share Units (RSUs). Target PSUs become vested upon the achievement of certain financial and/or operational performance criteria (the Performance Conditions) that are determined at the time of the grant. Target RSUs become vested when an eligible employee remains employed throughout the vesting period. PSUs and RSUs granted under the LTIPs have been measured at fair value as of the effective date, consistent with Topic 718, and will be charged to share-based compensation expense over the remaining life of the plan. We estimate the fair value of PSUs using the Monte Carlo pricing model and RSUs have been valued based upon their grant date fair value. Stock options granted under the LTIPs have been measured using the Black-Scholes option-pricing model, consistent with Topic 718. As of March 31, 2021, the total expected compensation cost related to the unvested LTIP awards not yet recognized was $34.5 million, which is expected to be recognized over a weighted average period of 1.9 years. LTIP grants that have recently vested, or have yet to vest, are described below. LTIP grants are referred to in this Quarterly Report on Form 10-Q based upon the year in which the grants are expected to vest. LTIP 2020 Grants made in Fiscal 2018 under the LTIP (collectively referred to as LTIP 2020), consisting of PSUs and RSUs, took effect in Fiscal 2018 starting on August 7, 2017. We settled the LTIP 2020 awards by issuing 292,401 Common Shares from treasury stock during the second quarter of Fiscal 2021, with a cost of $11.2 million. LTIP 2021 Grants made in Fiscal 2019 under the LTIP (collectively referred to as LTIP 2021), consisting of PSUs and RSUs, took effect in Fiscal 2019 starting on August 6, 2018. The Performance Conditions for vesting of the PSUs are based solely upon market conditions. The RSUs are employee service-based awards and vest over the life of the LTIP 2021. We expect to settle the LTIP 2021 awards in stock. LTIP 2022 Grants made in Fiscal 2020 under the LTIP (collectively referred to as LTIP 2022), consisting of PSUs and RSUs, took effect in Fiscal 2020 starting on August 5, 2019. The Performance Conditions for vesting of the PSUs are based solely upon market conditions. The RSUs are employee service-based awards and vest over the life of the LTIP 2022. We expect to settle the LTIP 2022 awards in stock. LTIP 2023 Grants made in Fiscal 2021 under the LTIP (collectively referred to as LTIP 2023), consisting of PSUs and RSUs, took effect in Fiscal 2021 starting on August 10, 2020. The Performance Conditions for vesting of the PSUs are based solely upon market conditions. The RSUs are employee service-based awards and vest over the life of the LTIP 2023. We expect to settle the LTIP 2023 awards in stock. Restricted Share Units (RSUs) During the three and nine months ended March 31, 2021, we granted nil and 484,956 RSUs, respectively, to employees in accordance with employment and other non-LTIP related agreements (three and nine months ended March 31, 2020—15,000 RSUs, respectively). RSUs vest over a specified contract date, typically three years from the respective date of grants. As of March 31, 2021, the total expected compensation cost related to the unvested RSU awards not yet recognized was $12.5 million, which is expected to be recognized over a weighted average period of 2.4 years. We expect to settle RSU awards in stock. During the three and nine months ended March 31, 2021 and 2020, respectively, we did not issue any Common Shares from treasury stock in connection with the settlement of vested RSUs. Deferred Share Units (DSUs) During the three and nine months ended March 31, 2021, we granted 5,015 and 81,585 DSUs, respectively, to certain non-employee directors (three and nine months ended March 31, 2020—4,479 and 78,887 DSUs, respectively). The DSUs were issued under our Deferred Share Unit Plan. DSUs granted as compensation for director fees vest immediately, whereas all other DSUs granted vest at our next annual general meeting following the granting of the DSUs. No DSUs are payable by us until the director ceases to be a member of the Board. During the three and nine months ended March 31, 2021, we issued 23,640 Common Shares from treasury stock, at a cost of $1.1 million, in connection with the settlement of vested DSUs (three and nine months ended March 31, 2020—nil Common Shares, respectively). Employee Share Purchase Plan (ESPP) Our ESPP offers employees a purchase price discount of 15%. During the three and nine months ended March 31, 2021, 204,812 and 572,219 Common Shares, respectively, were eligible for issuance to employees enrolled in the ESPP (three and nine months ended March 31, 2020—221,738 and 549,281 Common Shares, respectively).

GUARANTEES AND CONTINGENCIES

GUARANTEES AND CONTINGENCIES	9 Months Ended
	Mar. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
GUARANTEES AND CONTINGENCIES	GUARANTEES AND CONTINGENCIES We have entered into the following contractual obligations with minimum payments for the indicated fiscal periods as follows: Payments due between Total April 1, 2021 - July 1, 2021 - July 1, 2023 - July 1, 2025 Long-term debt obligations (1) $ 4,547,824 $ 32,040 $ 300,124 $ 1,225,472 $ 2,990,188 Purchase obligations for contracts not accounted for as lease obligations (2) 82,060 20,738 61,322 — — $ 4,629,884 $ 52,778 $ 361,446 $ 1,225,472 $ 2,990,188 (1) Includes interest up to maturity and principal payments. Please see note 11 "Long-Term Debt" for more details. (2) For contractual obligations relating to leases and purchase obligations accounted for under Topic 842, please see note 6 "Leases". Guarantees and Indemnifications We have entered into customer agreements which may include provisions to indemnify our customers against third party claims that our software products or services infringe certain third party intellectual property rights and for liabilities related to a breach of our confidentiality obligations. We have not made any material payments in relation to such indemnification provisions and have not accrued any liabilities related to these indemnification provisions in our Condensed Consolidated Financial Statements. Occasionally, we enter into financial guarantees with third parties in the ordinary course of our business, including, among others, guarantees relating to taxes and letters of credit on behalf of parties with whom we conduct business. Such agreements have not had a material effect on our results of operations, financial position or cash flows. Litigation We are currently involved in various claims and legal proceedings. Quarterly, we review the status of each significant legal matter and evaluate such matters to determine how they should be treated for accounting and disclosure purposes in accordance with the requirements of ASC Topic 450-20 "Loss Contingencies" (Topic 450-20). Specifically, this evaluation process includes the centralized tracking and itemization of the status of all our disputes and litigation items, discussing the nature of any litigation and claim, including any dispute or claim that is reasonably likely to result in litigation, with relevant internal and external counsel, and assessing the progress of each matter in light of its merits and our experience with similar proceedings under similar circumstances. If the potential loss from any claim or legal proceeding is considered probable and the amount can be reasonably estimated, we accrue a liability for the estimated loss in accordance with Topic 450-20. As of the date of this Quarterly Report on Form 10-Q, the aggregate of such accrued liabilities was not material to our consolidated financial position or results of operations and we do not believe as of the date of this filing that it is reasonably possible that a loss exceeding the amounts already recognized will be incurred that would be material to our consolidated financial position or results of operations. As described more fully below, we are unable at this time to estimate a possible loss or range of losses in respect of certain disclosed matters. Contingencies IRS Matter As we have previously disclosed, the United States Internal Revenue Service (IRS) has been examining certain of our tax returns for our fiscal year ended June 30, 2010 (Fiscal 2010) through our fiscal year ended June 30, 2012 (Fiscal 2012), and in connection with those examinations has been reviewing our internal reorganization in Fiscal 2010 and Fiscal 2012 to consolidate certain intellectual property ownership in Luxembourg and Canada and our integration of certain acquisitions into the resulting structure. We also previously disclosed that the examinations may lead to proposed adjustments to our taxes that may be material, individually or in the aggregate, and that we had not recorded any material accruals for any such potential adjustments in our Condensed Consolidated Financial Statements. We previously disclosed that, as part of these examinations, on July 17, 2015 we received from the IRS an initial Notice of Proposed Adjustment (NOPA) in draft form, for Fiscal 2010 (the 2010 NOPA), and on July 11, 2018, we also received, consistent with previously disclosed expectations, a draft NOPA for Fiscal 2012 (the 2012 NOPA). On January 7, 2019, we received from the IRS official notification of proposed adjustments to our taxable income for Fiscal 2010 and Fiscal 2012, together with the 2010 NOPA and 2012 NOPA in final form. As of December 31, 2020, our estimated potential aggregate liability, as originally proposed by the IRS under the 2010 NOPA and the 2012 NOPA, including additional state income taxes plus penalties and continually accruing interest that may be due, would have been approximately $830 million, comprised of approximately $430 million in U.S. federal and state taxes, approximately $130 million of penalties, and approximately $270 million of interest. As previously disclosed, we disagree with the IRS’ positions and have been vigorously contesting the proposed adjustments to our taxable income, along with the proposed penalties and interest. On December 21, 2020, we entered into a closing agreement with the IRS resolving all of the proposed adjustments to our taxable income for Fiscal 2010 and Fiscal 2012 (the IRS Settlement). The IRS Settlement resulted in charges of $1.3 million and $300.6 million, respectively, during the three and nine months ended March 31, 2021 to "Provision for (recovery of) income taxes". In connection with the IRS Settlement, during the three months ended March 31, 2021, we made aggregate payments to the IRS of $288.6 million in U.S. federal taxes and interest and $1.4 million of certain associated state tax and interest payments. The remaining payments of certain associated state tax and interest of approximately $10.6 million, which as of March 31, 2021 is recorded within "Income taxes payable" in our Condensed Consolidated Balance Sheets, are expected to occur primarily throughout the remainder of Fiscal 2021. The IRS Settlement also eliminates approximately $90 million in future withholding taxes that we had expected to incur over the next 10 years. Interest at the applicable statutory rates will continue to accrue until the time of payment. We believe the IRS Settlement to be in the best interest of all stakeholders, as it closes all past, present and future items related to this matter. The IRS Settlement provides finality to this longstanding matter. For additional information regarding the history of this IRS matter, please see note 14 "Guarantees and Contingencies" in our Annual Report on Form 10-K for Fiscal 2020. CRA Matter As part of its ongoing audit of our Canadian tax returns, the Canada Revenue Agency (CRA) has disputed our transfer pricing methodology used for certain intercompany transactions with our international subsidiaries and has issued notices of reassessment for Fiscal 2012, Fiscal 2013, Fiscal 2014, Fiscal 2015 and Fiscal 2016. Assuming the utilization of available tax attributes (further described below), we estimate our potential aggregate liability, as of March 31, 2021, in connection with the CRA's reassessments for Fiscal 2012, Fiscal 2013, Fiscal 2014, Fiscal 2015 and Fiscal 2016 to be limited to penalties, interest and provincial taxes that may be due of approximately $64 million. As of March 31, 2021, we have provisionally paid approximately $28 million in order to fully preserve our rights to object to the CRA's audit positions, being the minimum payment required under Canadian legislation while the matter is in dispute. This amount is recorded within "Long-term income taxes recoverable" on the Condensed Consolidated Balance Sheets as of March 31, 2021. The notices of reassessment for Fiscal 2012, Fiscal 2013, Fiscal 2014, Fiscal 2015 and Fiscal 2016 would, as drafted, increase our taxable income by approximately $90 million to $100 million for each of those years, as well as impose a 10% penalty on the proposed adjustment to income. Audits by the CRA of our tax returns for fiscal years prior to Fiscal 2012 have been completed with no reassessment of our income tax liability. We strongly disagree with the CRA's positions and believe the reassessments of Fiscal 2012, Fiscal 2013, Fiscal 2014, Fiscal 2015 and Fiscal 2016 (including any penalties) are without merit. We have filed notices of objection for Fiscal 2012, Fiscal 2013, Fiscal 2014, Fiscal 2015 and Fiscal 2016. We are currently seeking competent authority consideration under applicable international treaties in respect of these reassessments. Even if we are unsuccessful in challenging the CRA's reassessments to increase our taxable income for Fiscal 2012, Fiscal 2013, Fiscal 2014, Fiscal 2015 and Fiscal 2016, we have elective deductions available for those years (including carry-backs from later years) that would offset such increased amounts so that no additional cash tax would be payable, exclusive of any assessed penalties and interest, as described above. The CRA is also currently auditing Fiscal 2017 on a basis that we strongly disagree with and will vigorously contest. The focus of the CRA audit has been the valuation of certain intellectual property and goodwill when one of our subsidiaries continued into Canada from Luxembourg in July 2016. In accordance with applicable rules, these assets were recognized for tax purposes at fair market value as of that time, which value was supported by an expert valuation prepared by an independent leading accounting and advisory firm. In conjunction with the Fiscal 2017 audit, the CRA issued a proposal letter dated April 7, 2021 (Proposal Letter) indicating to us that it proposes to reassess our Fiscal 2017 tax year to reduce the depreciable basis of these assets. The CRA has invited us to make submissions responding to the Proposal Letter, which will be our first opportunity to respond to the CRA’s position. CRA’s position for Fiscal 2017 relies in significant part on the application of its positions regarding our transfer pricing methodology that are the basis for its reassessment of our fiscal years 2012 to 2016 described above, and that we believe are without merit. Other aspects of CRA’s position for Fiscal 2017 conflict with the expert valuation prepared by the independent leading accounting and advisory firm that was used to support our original filing position. If the CRA determines to issue a notice of reassessment in respect of Fiscal 2017 on the basis of its position set forth in the Proposal Letter and we are ultimately unsuccessful in defending our position, the estimated impact of the proposed adjustment could result in us recording an income tax expense, with no immediate cash payment, to reduce the stated value of our deferred tax assets of up to approximately $470 million. Any such income tax expense could also have a corresponding cash tax impact that would primarily occur over a period of several future years based upon annual income realization in Canada. We strongly disagree with the CRA’s position for Fiscal 2017 and intend to vigorously defend our original filing position. We will continue to vigorously contest the proposed adjustments to our taxable income and any penalty and interest assessments, as well as any proposed reduction to the basis of our depreciable property. We are confident that our original tax filing positions were appropriate. Accordingly, as of the date of this Quarterly Report on Form 10-Q, we have not recorded any accruals in respect of these reassessments or proposed reassessment in our Condensed Consolidated Financial Statements. Carbonite Class Action Complaint On August 1, 2019, prior to our acquisition of Carbonite, a purported stockholder of Carbonite filed a putative class action complaint against Carbonite, its former Chief Executive Officer, Mohamad S. Ali, and its former Chief Financial Officer, Anthony Folger, in the United States District Court for the District of Massachusetts captioned Ruben A. Luna, Individually and on Behalf of All Others Similarly Situated v. Carbonite, Inc., Mohamad S. Ali, and Anthony Folger (No. 1:19-cv-11662-LTS). The complaint alleges violations of the federal securities laws under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as amended, and Rule 10b-5 promulgated thereunder. The complaint generally alleges that the defendants made materially false and misleading statements in connection with Carbonite’s Server Backup VM Edition, and seeks, among other things, the designation of the action as a class action, an award of unspecified compensatory damages, costs and expenses, including counsel fees and expert fees, and other relief as the court deems appropriate. On August 23, 2019, a nearly identical complaint was filed in the same court captioned William Feng, Individually and on Behalf of All Others Similarly Situated v. Carbonite, Inc., Mohamad S. Ali, and Anthony Folger (No. 1:19- cv-11808-LTS) (together with the Luna Complaint, the “Securities Actions”). On November 21, 2019, the court consolidated the Securities Actions, appointed a lead plaintiff, and designated a lead counsel. On January 15, 2020, the lead plaintiff filed a consolidated amended complaint generally making the same allegations and seeking the same relief as the complaint filed on August 1, 2019. The defendants moved to dismiss the Securities Actions on March 10, 2020. The motion was fully briefed in June 2020 and a hearing on the motion to dismiss the Securities Actions was held on October 15, 2020. Following the hearing, on October 22, 2020, the court granted with prejudice the defendants’ motion to dismiss the Securities Actions. On November 20, 2020, the lead plaintiff filed a notice of appeal to the Court of Appeals for the First Circuit. The lead plaintiff's brief in support of its appeal was filed on March 2, 2021. The defendants' opposition brief was filed on March 31, 2021. The lead plaintiff's reply brief will be due on May 7, 2021. Carbonite vs Realtime Data On February 27, 2017, prior to our acquisition of Carbonite, a non-practicing entity named Realtime Data LLC (Realtime Data) filed a lawsuit against Carbonite in the U.S. District Court for the Eastern District of Texas "Realtime Data LLC v. Carbonite, Inc. et al (No 6:17-cv-00121-RWS-JDL)", alleging that certain of Carbonite’s cloud storage services infringe upon certain patents held by Realtime Data. Realtime Data’s complaint against Carbonite sought damages in an unspecified amount and injunctive relief. On December 19, 2017, the U.S. District Court for the Eastern District of Texas transferred the case to the U.S District Court for the District of Massachusetts (No. 1:17-cv-12499). Realtime Data has also filed numerous other patent suits on the asserted patents against other companies around the country. In one of those suits, filed in the U.S. District Court for the District of Delaware, the Delaware Court on July 29, 2019 dismissed the lawsuit after declaring invalid three of the four patents asserted by Realtime Data against Carbonite; that decision was appealed to the U.S. Court of Appeals for the Federal Circuit. By way of Order dated August 19, 2019, the U.S. District Court for the District of Massachusetts stayed the action against Carbonite pending the aforementioned appeal of the dismissal in the Delaware lawsuit. On October 23, 2020, the Appeals Court vacated and remanded the Delaware Court’s decision. Following the Appeals Court's decision, the Massachusetts District Court lifted the stay on the action against Carbonite. On January 21, 2021, the Court held a hearing to construe the claims of the asserted patents. As to the fourth patent asserted against Carbonite, the U.S. Patent & Trademark Office Patent Trial and Appeal Board on September 24, 2019 invalidated certain claims of that patent, including certain claims that had been asserted against Carbonite, and the parties jointly stipulated to dismiss the patent from the action. No trial date has been set in the action against Carbonite. We are vigorously defending the matter. We have not accrued a loss contingency related to this matter because litigation related to a non-practicing entity is inherently unpredictable. Although a loss is reasonably possible, an unfavorable outcome is not considered by management to be probable at this time and we remain unable to reasonably estimate a possible loss or range of loss associated with this litigation. Please also see "Risk Factors" included in our Annual Report on Form 10-K for Fiscal 2020.

INCOME TAXES

INCOME TAXES	9 Months Ended
	Mar. 31, 2021
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES Our effective tax rate represents the net effect of the mix of income earned in various tax jurisdictions that are subject to a wide range of income tax rates. The effective tax rate increased to a provision of 25.8% for the three months ended March 31, 2021, compared to a provision of 25.5% for the three months ended March 31, 2020. Tax expense increased by $22.9 million from $8.9 million during the three months ended March 31, 2020 to $31.8 million during the three months ended March 31, 2021. This was primarily due to (i) an increase of $23.5 million relating to higher net income including the impact of foreign rates, (ii) an increase of $9.1 million related to the one-time benefit from the US CARES Act in Fiscal 2020 that did not recur in Fiscal 2021, and (iii) an increase of $3.4 million related to differences in tax filings being higher than estimates. These were partially offset by (i) a decrease of $8.9 million related to the US Base Erosion Anti-Abuse Tax (US BEAT), (ii) a decrease of $3.2 million for net changes in unrecognized tax benefits, (iii) a decrease of $2.8 million related to permanent differences, and (iv) a decrease of $1.0 million related to tax benefits of internal reorganizations that occurred in Fiscal 2021. The remainder of the difference was due to normal course movements and non-material items. The effective tax rate increased to a provision of 72.5% for the nine months ended March 31, 2021, compared to a provision of 27.5% for the nine months ended March 31, 2020. Tax expense increased by $263.3 million from $78.8 million during the nine months ended March 31, 2020 to $342.1 million during the nine months ended March 31, 2021. This was primarily due to (i) an increase of $300.6 million relating to the IRS Settlement, (ii) an increase of $47.4 million relating to higher net income including the impact of foreign rates, and (iii) an increase of $9.1 million related to the one-time benefit from the US CARES Act in Fiscal 2020 that did not recur in Fiscal 2021. These were partially offset by (i) a decrease of $70.5 million for net changes in unrecognized tax benefits, primarily from the conclusion of relevant tax audits, (ii) a decrease of $12.4 million related to tax benefits of internal reorganizations that occurred in Fiscal 2021, (iii) a decrease of $6.4 million related to US BEAT, and (iv) a decrease of $4.1 million related to accruals for unrepatriated foreign earnings. The remainder of the difference was due to normal course movements and non-material items. We recognize interest expense and penalties related to income tax matters in income tax expense. For the three and nine months ended March 31, 2021 and 2020, respectively, we recognized the following amounts as income tax-related interest expense and penalties: Three Months Ended March 31, Nine Months Ended March 31, 2021 2020 2021 2020 Interest expense (recoveries) $ 1,315 $ 2,814 $ 45,422 $ 4,048 Penalties expense (recoveries) 506 100 889 175 Total $ 1,821 $ 2,914 $ 46,311 $ 4,223 The following amounts have been accrued on account of income tax-related interest expense and penalties: As of March 31, 2021 As of June 30, 2020 Interest expense accrued * $ 4,937 $ 70,364 Penalties accrued * $ 2,592 $ 2,620 * These balances are primarily included within "Long-term income taxes payable" within the Condensed Consolidated Balance Sheets. We believe that it is reasonably possible that the gross unrecognized tax benefits, as of March 31, 2021, could decrease tax expense in the next 12 months by $1.7 million, relating primarily to the expiration of competent authority relief and tax years becoming statute barred for purposes of future tax examinations by local taxing jurisdictions. Our four most significant tax jurisdictions are Canada, the United States, Luxembourg and Germany. Our tax filings remain subject to audits by applicable tax authorities for a certain length of time following the tax year to which those filings relate. The earliest fiscal years open for examination are 2012 for Germany, 2010 for the United States, 2015 for Luxembourg, and 2012 for Canada. We are subject to tax audits in all major taxing jurisdictions in which we operate and currently have tax audits open in Canada, the United States, Germany, India, Austria, Italy, France, and the Philippines. On a quarterly basis we assess the status of these examinations and the potential for adverse outcomes to determine the adequacy of the provision for income and other taxes. Statements regarding the United States and Canada audits are included in note 14 "Guarantees and Contingencies". The timing of the resolution of income tax audits is highly uncertain, and the amounts ultimately paid, if any, upon resolution of the issues raised by the taxing authorities may differ from the amounts accrued. It is reasonably possible that within the next 12 months we will receive additional assessments by various tax authorities or possibly reach resolution of income tax audits in one or more jurisdictions. These assessments or settlements may or may not result in changes to our contingencies related to positions on tax filings. The actual amount of any change could vary significantly depending on the ultimate timing and nature of any settlements. We cannot currently provide an estimate of the range of possible outcomes. For more information relating to certain tax audits, please refer to note 14 "Guarantees and Contingencies". On December 21, 2020, we entered into a closing agreement with the IRS resolving all of the proposed adjustments to our taxable income for Fiscal 2010 and Fiscal 2012. As a result, we recorded charges of $1.3 million and $300.6 million, respectively, during the three and nine months ended March 31, 2021 to "Provision for (recovery of) income taxes". The IRS Settlement also eliminates approximately $90 million in future withholding taxes that we had expected to incur over the next 10 years. We believe the IRS Settlement to be in the best interest of all stakeholders, as it closes all past, present and future items related to this matter. The IRS Settlement provides finality to this longstanding matter. During the three months ended March 31, 2021, we made payments of $290.0 million associated with the IRS Settlement. As of March 31, 2021, the outstanding settlement amount of approximately $10.6 million is recorded within "Income taxes payable" in our Condensed Consolidated Balance Sheets. Please refer to note 14 "Guarantees and Contingencies" for additional details. As of March 31, 2021, we have recognized a provision of $25.1 million (June 30, 2020—$24.8 million) in respect of both additional foreign taxes or deferred income tax liabilities for temporary differences related to the undistributed earnings of certain non-United States subsidiaries and planned periodic repatriations from certain German subsidiaries, that will be subject to withholding taxes upon distribution. We have not provided for additional foreign withholding taxes or deferred income tax liabilities related to undistributed earnings of all other non-Canadian subsidiaries, since such earnings are considered permanently invested in those subsidiaries or are not subject to withholding taxes. It is not practicable to reasonably estimate the amount of additional deferred income tax liabilities or foreign withholding taxes that may be payable should these earnings be distributed in the future.

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	9 Months Ended
	Mar. 31, 2021
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENT	FAIR VALUE MEASUREMENT ASC Topic 820 “Fair Value Measurement” (Topic 820) defines fair value, establishes a framework for measuring fair value, and addresses disclosure requirements for fair value measurements. Fair value is the price that would be received upon sale of an asset or paid upon transfer of a liability in an orderly transaction between market participants at the measurement date and in the principal or most advantageous market for that asset or liability. The fair value, in this context, should be calculated based on assumptions that market participants would use in pricing the asset or liability, not on assumptions specific to the entity. In addition, the fair value of liabilities should include consideration of non-performance risk, including our own credit risk. In addition to defining fair value and addressing disclosure requirements, Topic 820 establishes a fair value hierarchy for valuation inputs. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market. Each fair value measurement is reported in one of the three levels which are determined by the lowest level input that is significant to the fair value measurement in its entirety. These levels are: • Level 1—inputs are based upon unadjusted quoted prices for identical instruments traded in active markets. • Level 2—inputs are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities. • Level 3—inputs are generally unobservable and typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability. The fair values are therefore determined using model-based techniques that include option pricing models, discounted cash flow models, and similar techniques. Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis: Our financial assets and liabilities measured at fair value on a recurring basis consisted of the following types of instruments as of March 31, 2021 and June 30, 2020: March 31, 2021 June 30, 2020 Fair Market Measurements using: Fair Market Measurements using: March 31, 2021 Quoted prices Significant Significant June 30, 2020 Quoted prices Significant Significant (Level 1) (Level 2) (Level 3) (Level 1) (Level 2) (Level 3) Financial Assets: Foreign currency forward contracts designated as cash flow hedges (note 17) $ 2,151 $ — $ 2,151 $ — $ — $ — $ — $ — Total $ 2,151 $ — $ 2,151 $ — $ — $ — $ — $ — Financial Liabilities: Foreign currency forward contracts designated as cash flow hedges (note 17) $ — $ — $ — $ — $ (185) $ — $ (185) $ — Total $ — $ — $ — $ — $ (185) $ — $ (185) $ — Our valuation techniques used to measure the fair values of the derivative instruments, the counterparty to which has high credit ratings, were derived from pricing models including discounted cash flow techniques, with all significant inputs derived from or corroborated by observable market data, as no quoted market prices exist for these instruments. Our discounted cash flow techniques use observable market inputs, such as, where applicable, foreign currency spot and forward rates. Our cash and cash equivalents, along with our accounts receivable and accounts payable and accrued liabilities balances, are measured and recognized in our Condensed Consolidated Financial Statements at an amount that approximates their fair value (a Level 2 measurement) due to their short maturities. If applicable, we will recognize transfers between levels within the fair value hierarchy at the end of the reporting period in which the actual event or change in circumstance occurs. During the three and nine months ended March 31, 2021 and 2020, we did not have any transfers between Level 1, Level 2 or Level 3. Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis

DERIVATIVE INSTRUMENTS AND HEDG

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	9 Months Ended
	Mar. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES Foreign Currency Forward Contracts We are engaged in hedging programs with various banks to limit the potential foreign exchange fluctuations incurred on future cash flows relating to a portion of our Canadian dollar payroll expenses. We operate internationally and are therefore exposed to foreign currency exchange rate fluctuations in the normal course of our business, in particular to changes in the Canadian dollar on account of large costs that are incurred from our centralized Canadian operations, which are denominated in Canadian dollars. As part of our risk management strategy, we use foreign currency forward contracts to hedge portions of our payroll exposure with typical maturities of between one We have designated these transactions as cash flow hedges of forecasted transactions under ASC Topic 815 “Derivatives and Hedging” (Topic 815). As the critical terms of the hedging instrument and of the entire hedged forecasted transaction are the same, in accordance with Topic 815, we have been able to conclude that changes in fair value or cash flows attributable to the risk being hedged are expected to completely offset at inception and on an ongoing basis. Accordingly, quarterly unrealized gains or losses on the effective portion of these forward contracts have been included within other comprehensive income. The fair value of the contracts, as of March 31, 2021, is recorded within "Prepaid expenses and other current assets" and represents the net gain before tax effect that is expected to be reclassified from accumulated other comprehensive income into earnings with the next twelve months. As of March 31, 2021, the notional amount of forward contracts we held to sell U.S. dollars in exchange for Canadian dollars was $65.0 million (June 30, 2020—$62.3 million). Fair Value of Derivative Instruments and Effect of Derivative Instruments on Financial Performance The effect of these derivative instruments on our Condensed Consolidated Financial Statements for the periods indicated below were as follows (amounts presented do not include any income tax effects). Fair Value of Derivative Instruments in the Condensed Consolidated Balance Sheets (see note 16 "Fair Value Measurement") As of March 31, 2021 As of June 30, 2020 Derivatives Balance Sheet Location Fair Value Fair Value Foreign currency forward contracts designated as cash flow hedges Prepaid expenses and other current assets (Accounts payable and accrued liabilities) $ 2,151 $ (185) Effects of Derivative Instruments on Income and Other Comprehensive Income (OCI) Three and Nine Months Ended March 31, 2021 Derivatives in Cash Flow Hedging Relationship Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion) Location of Gain or (Loss) Amount of Gain or (Loss) Three Months Ended March 31, 2021 Nine Months Ended March 31, 2021 Three Months Ended March 31, 2021 Nine Months Ended March 31, 2021 Foreign currency forward contracts $ 927 $ 4,910 Operating expenses $ 1,507 $ 2,574 Three and Nine Months Ended March 31, 2020 Derivatives in Cash Flow Hedging Relationship Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion) Location of Gain or (Loss) Amount of Gain or (Loss) Three Months Ended March 31, 2020 Nine Months Ended March 31, 2020 Three Months Ended March 31, 2020 Nine Months Ended March 31, 2020 Foreign currency forward contracts $ (4,815) $ (4,459) Operating expenses $ (458) $ (371)

SPECIAL CHARGES (RECOVERIES)

SPECIAL CHARGES (RECOVERIES)	9 Months Ended
	Mar. 31, 2021
Restructuring, Settlement and Impairment Provisions [Abstract]
SPECIAL CHARGES (RECOVERIES)	SPECIAL CHARGES (RECOVERIES) Special charges (recoveries) include costs and recoveries that relate to certain restructuring initiatives that we have undertaken from time to time under our various restructuring plans, as well as acquisition-related costs and other charges. Three Months Ended March 31, Nine Months Ended March 31, 2021 2020 2021 2020 COVID-19 Restructuring Plan $ 153 $ — $ (7,581) $ — Fiscal 2020 Restructuring Plan (727) 5,899 475 5,899 Restructuring Plans prior to Fiscal 2020 Restructuring Plan 10 21 11 1,504 Acquisition-related costs 3,145 2,453 4,593 12,898 Other charges (recoveries) 265 1,033 1,098 4,278 Total $ 2,846 $ 9,406 $ (1,404) $ 24,579 During Fiscal 2020, we entered into the COVID-19 and Fiscal 2020 Restructuring Plans (as defined below), which included the abandonment of certain leased facilities. As a result of the COVID-19 pandemic, at the time of the initial abandonment of leased facilities during the fourth quarter of Fiscal 2020, we anticipated that we would not be able to early terminate any of our lease obligations. During the three and nine months ended March 31, 2021, we recorded net recoveries of $2.1 million and $29.0 million, respectively, within "Special charges (recoveries)" relating to early lease terminations and assignments of previously abandoned office space. These recoveries were recorded under the COVID-19 and Fiscal 2020 Restructuring Plans, consistent with the initial abandonment. COVID-19 Restructuring Plan During the fourth quarter of Fiscal 2020, in response to the COVID-19 pandemic, we made a strategic decision to move towards a significant work from home model. We began to implement restructuring activities to streamline our operations and significantly reduce our real estate footprint around the world (COVID-19 Restructuring Plan). The COVID-19 Restructuring Plan charges relate to workforce reductions and facility costs, including the accelerated amortization associated with the abandonment of ROU assets, the write-off of fixed assets and other related variable lease and exit costs. These charges require management to make certain judgments and estimates regarding the amount and timing of restructuring charges or recoveries. Our estimated liability could change subsequent to its recognition, requiring adjustments to the expense and the liability recorded. On a quarterly basis, we conduct an evaluation of the related liabilities and expenses and revise our assumptions and estimates as appropriate. With respect to the COVID-19 Restructuring Plan, at the time of initial abandonment we assumed there would be no additional sublease income, lease assignments or early terminations from vacated facilities. During the three and nine months ended March 31, 2021, we recognized net recoveries of $1.5 million and $15.4 million, respectively, relating to previously abandoned office space that has since been early terminated or assigned to a third party, as discussed above. Included in these recoveries are $2.2 million and $12.3 million, respectively, relating to the reversal of lease liabilities (see note 6 "Leases"), with the remainder relating to other facility charges and recoveries. Additionally, during the three and nine months ended March 31, 2021, we incurred $1.6 million and $7.8 million, respectively, of charges related to abandoned facilities, workforce reductions and the write-off of fixed assets. As of March 31, 2021, we expect total costs to be incurred in connection with the COVID-19 Restructuring Plan to be approximately $47 million, of which $46.0 million has been recorded within "Special charges (recoveries)" to date. A reconciliation of the beginning and ending restructuring liability, which is included within "Accounts payable and accrued liabilities" in our Condensed Consolidated Balance Sheets, for the nine months ended March 31, 2021 is shown below. COVID-19 Restructuring Plan Workforce reduction Facility charges Total Balance payable as of June 30, 2020 $ 5,172 $ 12,276 $ 17,448 Accruals and adjustments 2,060 (1,756) 304 Cash payments (6,867) (5,345) (12,212) Foreign exchange and other non-cash adjustments 264 462 726 Balance payable as of March 31, 2021 $ 629 $ 5,637 $ 6,266 Fiscal 2020 Restructuring Plan During Fiscal 2020, we began to implement restructuring activities to streamline our operations (Fiscal 2020 Restructuring Plan), including in connection with our acquisitions of Carbonite and XMedius, to take further steps to improve our operational efficiency. The Fiscal 2020 Restructuring Plan charges relate to workforce reductions and facility costs, including the accelerated amortization associated with the abandonment of ROU assets, the write-off of fixed assets and other related variable lease and exit costs. These charges require management to make certain judgments and estimates regarding the amount and timing of restructuring charges or recoveries. Our estimated liability could change subsequent to its recognition, requiring adjustments to the expense and the liability recorded. On a quarterly basis, we conduct an evaluation of the related liabilities and expenses and revise our assumptions and estimates as appropriate. With respect to the Fiscal 2020 Restructuring Plan, at the time of the initial abandonment we assumed there would be no additional sublease income, lease assignments or early terminations from vacated facilities. During the three and nine months ended March 31, 2021, we recognized net recoveries of $0.6 million and $13.6 million, respectively, relating to previously abandoned office space that has since been early terminated or assigned to a third party, as discussed above. Included in these recoveries are $1.0 million and $10.0 million, respectively, relating to the reversal of lease liabilities (see note 6 "Leases"), with the remainder relating to other facility charges and recoveries. Additionally, during the three and nine months ended March 31, 2021, we recognized a net recovery of $0.1 million and charges of $14.1 million, respectively, related to abandoned facilities, workforce reductions and the write-off of fixed assets. As of March 31, 2021, we expect total costs to be incurred in connection with the Fiscal 2020 Restructuring Plan to be approximately $30 million, of which $27.2 million has been recorded within "Special charges (recoveries)" to date. A reconciliation of the beginning and ending restructuring liability, which is included within "Accounts payable and accrued liabilities" in our Condensed Consolidated Balance Sheets, for the nine months ended March 31, 2021 is shown below. Fiscal 2020 Restructuring Plan Workforce reduction Facility charges Total Balance payable as of June 30, 2020 $ 1,576 $ 6,442 $ 8,018 Accruals and adjustments 9,104 (884) 8,220 Cash payments (9,940) (3,281) (13,221) Foreign exchange and other non-cash adjustments 4 (319) (315) Balance payable as of March 31, 2021 $ 744 $ 1,958 $ 2,702 Acquisition-related costs Included within "Special charges (recoveries)" for the three and nine months ended March 31, 2021 are costs incurred directly in relation to acquisitions in the amount of $3.1 million and $4.6 million, respectively (three and nine months ended March 31, 2020—$2.5 million and $12.9 million, respectively). Other charges (recoveries) For the three and nine months ended March 31, 2021, "Other charges" includes $0.3 million and $1.1 million, respectively, relating to other miscellaneous charges. For the three months ended March 31, 2020, "Other charges" includes $1.0 million relating to other miscellaneous charges. For the nine months ended March 31, 2020, "Other charges" includes $0.7 million relating to accelerated amortization associated with the abandonment of ROU assets and $3.6 million relating to other miscellaneous charges.

ACQUISITIONS

ACQUISITIONS	9 Months Ended
	Mar. 31, 2021
Business Combinations [Abstract]
ACQUISITIONS	ACQUISITIONS Fiscal 2020 Acquisitions Acquisition of XMedius On March 9, 2020, we acquired all of the equity interest in XMedius, a provider of secure information exchange and unified communication solutions, for $73.5 million, of which $0.7 million is currently unpaid in accordance with the terms of the purchase agreement. In accordance with ASC Topic 805 "Business Combinations" (Topic 805), this acquisition was accounted for as a business combination. We believe the acquisition complements our Customer Experience Management (CEM) and Business Network (BN) platforms. The results of operations of this acquisition have been consolidated with those of OpenText beginning March 9, 2020. Purchase Price Allocation The recognized amounts of identifiable assets acquired and liabilities assumed, based upon their fair values as of March 9, 2020, are set forth below: Current assets $ 8,479 Non-current tangible assets 3,792 Intangible customer assets 35,910 Intangible technology assets 11,143 Liabilities assumed (34,602) Total identifiable net assets 24,722 Goodwill 48,823 Net assets acquired $ 73,545 The goodwill of $48.8 million is primarily attributable to the synergies expected to arise after the acquisition. Of this goodwill, $0.1 million is expected to be deductible for tax purposes. Included in total identifiable net assets is acquired deferred revenue with a fair value of $18.5 million, which represents our estimate of the fair value of the contractual obligations assumed based on a valuation. In arriving at this fair value, we reduced the acquired company’s original carrying value by $2.7 million. The fair value of current assets acquired includes accounts receivable with a fair value of $6.3 million. The gross amount receivable was $6.6 million, of which $0.3 million is expected to be uncollectible. The finalization of the above purchase price allocation during the three months ended March 31, 2021 did not result in any significant changes to the preliminary amounts previously disclosed. Acquisition of Carbonite On December 24, 2019, we acquired all of the equity interest in Carbonite, a leading provider of cloud-based subscription backup, disaster recovery and endpoint security to small and medium-sized businesses (SMB), consumers, and a wide variety of partners. Total consideration for Carbonite was $1.4 billion paid in cash (inclusive of cash acquired). In accordance with Topic 805, this acquisition was accounted for as a business combination. We believe the acquisition increases our position in the data protection and endpoint security space, further strengthens our cloud capabilities and opens a new route to connect with customers through Carbonite's marquee SMB and consumer channels and products. The results of operations of Carbonite have been consolidated with those of OpenText beginning December 24, 2019. Purchase Price Allocation The recognized amounts of identifiable assets acquired and liabilities assumed, based upon their fair values as of December 24, 2019, are set forth below: Current assets (inclusive of cash acquired of $62.9 million) $ 127,532 Non-current tangible assets (inclusive of restricted cash acquired of $2.4 million) 105,742 Intangible customer assets 549,500 Intangible technology assets 290,000 Liabilities assumed (554,320) Total identifiable net assets 518,454 Goodwill 851,970 Net assets acquired $ 1,370,424 The goodwill of $852.0 million is primarily attributable to the synergies expected to arise after the acquisition. Of this goodwill, $6.9 million is expected to be deductible for tax purposes. Included in total identifiable net assets is acquired deferred revenue with a fair value of $171.0 million, which represents our estimate of the fair value of the contractual obligations assumed. In arriving at this fair value, we reduced the acquired company’s original carrying value by $74.7 million. The fair value of current assets acquired includes accounts receivable with a fair value of $45.7 million. The gross amount receivable was $47.1 million of which $1.4 million of this receivable was expected to be uncollectible. The finalization of the purchase price allocation completed during the second quarter of Fiscal 2021 did not result in any significant changes to the preliminary amounts previously disclosed. Acquisition of Dynamic Solutions Group Inc. (The Fax Guys) On December 2, 2019, we acquired certain assets and assumed certain liabilities of The Fax Guys, for $5.1 million, of which $0.6 million is currently unpaid in accordance with the terms of the purchase agreement. During the second quarter of Fiscal 2021, we paid consideration of $0.4 million which was previously accrued. In accordance with Topic 805, this acquisition was accounted for as a business combination. We believe this acquisition complements our Information Management portfolio. The results of operations of The Fax Guys have been consolidated with those of OpenText beginning December 2, 2019.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME	9 Months Ended
	Mar. 31, 2021
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME	ACCUMULATED OTHER COMPREHENSIVE INCOME Three Months Ended March 31, 2021 Foreign Currency Translation Adjustments Cash Flow Hedges Defined Benefit Pension Plans Accumulated Other Comprehensive Income Balance as of December 31, 2020 $ 81,678 $ 2,007 $ (17,209) $ 66,476 Other comprehensive income (loss) before reclassifications, net of tax (12,568) 681 344 (11,543) Amounts reclassified into net income, net of tax — (1,108) 249 (859) Total other comprehensive income (loss) net, for the period (12,568) (427) 593 (12,402) Balance as of March 31, 2021 $ 69,110 $ 1,580 $ (16,616) $ 54,074 Nine Months Ended March 31, 2021 Foreign Currency Translation Adjustments Cash Flow Hedges Defined Benefit Pension Plans Accumulated Other Comprehensive Income Balance as of June 30, 2020 $ 32,968 $ (136) $ (15,007) $ 17,825 Other comprehensive income (loss) before reclassifications, net of tax 36,142 3,608 (2,342) 37,408 Amounts reclassified into net income, net of tax — (1,892) 733 (1,159) Total other comprehensive income (loss) net, for the period 36,142 1,716 (1,609) 36,249 Balance as of March 31, 2021 $ 69,110 $ 1,580 $ (16,616) $ 54,074 Three Months Ended March 31, 2020 Foreign Currency Translation Adjustments Cash Flow Hedges Defined Benefit Pension Plans Accumulated Other Comprehensive Income Balance as of December 31, 2019 $ 40,016 $ 738 $ (16,064) $ 24,690 Other comprehensive income (loss) before reclassifications, net of tax (15,484) (3,539) 3,309 (15,714) Amounts reclassified into net income, net of tax — 337 153 490 Total other comprehensive income (loss) net, for the period (15,484) (3,202) 3,462 (15,224) Balance as of March 31, 2020 $ 24,532 $ (2,464) $ (12,602) $ 9,466 Nine Months Ended March 31, 2020 Foreign Currency Translation Adjustments Cash Flow Hedges Defined Benefit Pension Plans Accumulated Other Comprehensive Income Balance as of June 30, 2019 $ 40,752 $ 541 $ (17,169) $ 24,124 Other comprehensive income (loss) before reclassifications, net of tax (16,220) (3,278) 3,923 (15,575) Amounts reclassified into net income, net of tax — 273 644 917 Total other comprehensive income (loss) net, for the period (16,220) (3,005) 4,567 (14,658) Balance as of March 31, 2020 $ 24,532 $ (2,464) $ (12,602) $ 9,466

SUPPLEMENTAL CASH FLOW DISCLOSU

SUPPLEMENTAL CASH FLOW DISCLOSURES	9 Months Ended
	Mar. 31, 2021
Supplemental Cash Flow Information [Abstract]
SUPPLEMENTAL CASH FLOW DISCLOSURES	SUPPLEMENTAL CASH FLOW DISCLOSURES Nine Months Ended March 31, 2021 2020 Cash paid during the period for interest $ 117,359 $ 111,786 Cash received during the period for interest $ 3,116 $ 10,166 Cash paid during the period for income taxes (1) $ 369,246 $ 75,881 (1) Included for the nine months ended March 31, 2021 is cash paid of $290.0 million relating to the IRS Settlement. Please see note 15 "Income Taxes" for additional details.

OTHER INCOME (EXPENSE), NET

OTHER INCOME (EXPENSE), NET	9 Months Ended
	Mar. 31, 2021
Other Income and Expenses [Abstract]
OTHER INCOME (EXPENSE), NET	OTHER INCOME (EXPENSE), NET Three Months Ended March 31, Nine Months Ended March 31, 2021 2020 2021 2020 Foreign exchange gains (losses) $ (3,248) $ (5,766) $ (3,258) $ (9,073) OpenText share in net income of equity investees 11,765 4,527 20,020 6,475 Loss on debt extinguishment (1) — (17,854) — (17,854) Other miscellaneous income (expense) (234) 170 (345) 716 Total other income (expense), net $ 8,283 $ (18,923) $ 16,417 $ (19,736) (1) On March 5, 2020, we redeemed in full $800 million aggregate principal amount of our 5.625% Senior Notes due 2023 (Senior Notes 2023), which resulted in a loss on debt extinguishment of $17.9 million. Of this, $6.7 million related to unamortized debt issuance costs and the remaining $11.2 million related to the early termination call premium.

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Mar. 31, 2021
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE Basic earnings per share are computed by dividing net income, attributable to OpenText, by the weighted average number of Common Shares outstanding during the period. Diluted earnings per share are computed by dividing net income, attributable to OpenText, by the shares used in the calculation of basic earnings per share plus the dilutive effect of Common Share equivalents, such as stock options, using the treasury stock method. Common Share equivalents are excluded from the computation of diluted earnings per share if their effect is anti-dilutive. Three Months Ended March 31, Nine Months Ended March 31, 2021 2020 2021 2020 Basic earnings per share Net income attributable to OpenText $ 91,490 $ 25,965 $ 129,389 $ 207,833 Basic earnings per share attributable to OpenText $ 0.34 $ 0.10 $ 0.47 $ 0.77 Diluted earnings per share Net income attributable to OpenText $ 91,490 $ 25,965 $ 129,389 $ 207,833 Diluted earnings per share attributable to OpenText $ 0.33 $ 0.10 $ 0.47 $ 0.77 Weighted-average number of shares outstanding (in '000's) Basic 272,832 271,221 272,414 270,559 Effect of dilutive securities 1,092 981 898 1,084 Diluted 273,924 272,202 273,312 271,643 Excluded as anti-dilutive (1) 3,691 3,361 4,222 2,681 (1) Represents options to purchase Common Shares excluded from the calculation of diluted earnings per share because the exercise price of the stock options was greater than or equal to the average price of the Common Shares during the period.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Mar. 31, 2021
Related Party Transaction, Due from (to) Related Party [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS Our procedure regarding the approval of any related party transaction requires that the material facts of such transaction be reviewed by the independent members of the Audit Committee and the transaction be approved by a majority of the independent members of the Audit Committee. The Audit Committee reviews all transactions in which we are, or will be, a participant and any related party has or will have a direct or indirect interest in the transaction. In determining whether to approve a related party transaction, the Audit Committee generally takes into account, among other facts it deems appropriate, whether the transaction is on terms no less favorable than terms generally available to an unaffiliated third party under the same or similar circumstances; the extent and nature of the related person’s interest in the transaction; the benefits to the Company of the proposed transaction; if applicable, the effects on a director’s independence; and if applicable, the availability of other sources of comparable services or products. During the nine months ended March 31, 2021, Mr. Stephen Sadler, a member of the Board of Directors, earned $32 thousand ( nine months ended March 31, 2020 — $0.7 million) in consulting fees from OpenText for assistance with acquisition-related business activities. Mr. Sadler abstained from voting on all transactions from which he would potentially derive consulting fees.

SUBSEQUENT EVENT

SUBSEQUENT EVENT	9 Months Ended
	Mar. 31, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENT	SUBSEQUENT EVENT Cash Dividends As part of our quarterly, non-cumulative cash dividend program, we declared, on May 5, 2021, a dividend of $0.2008 per Common Share. The record date for this dividend is June 4, 2021 and the payment date is June 25, 2021. Future declarations of dividends and the establishment of future record and payment dates are subject to the final determination and discretion of our Board.

RECENT ACCOUNTING PRONOUNCEME_2

RECENT ACCOUNTING PRONOUNCEMENTS (Policies)	9 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Use of estimates	Use of estimates The preparation of financial statements in conformity with U.S. GAAP requires us to make certain estimates, judgments and assumptions that affect the amounts reported in the Condensed Consolidated Financial Statements. These estimates, judgments and assumptions are evaluated on an ongoing basis. We base our estimates on historical experience and on various other assumptions that we believe are reasonable at that time, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from those estimates. In particular, key estimates, judgments and assumptions include those related to: (i) revenue recognition, (ii) accounting for income taxes, (iii) testing of goodwill for impairment, (iv) the valuation of acquired intangible assets, (v) the valuation of long-lived assets, (vi) the recognition of contingencies, (vii) restructuring accruals, (viii) acquisition accruals and pre-acquisition contingencies, (ix) the valuation of stock options granted and obligations related to share-based payments, including the valuation of our long-term incentive plans, and (x) the valuation of pension obligations.
Impact of Recently Adopted Accounting Pronouncements and Pronouncements Adopted in Fiscal 2021	Impact of Recently Adopted Accounting Pronouncements Financial Instruments Effective July 1, 2020, we adopted Accounting Standards Update (ASU) No. 2016-13 "Financial Instruments - Credit Losses (Topic 326)" on a modified retrospective basis through a cumulative-effect adjustment to opening retained earnings. Topic 326 requires the measurement and recognition of expected credit losses for financial assets held at amortized cost. This replaces the existing incurred loss model with an expected loss model and requires the use of forward-looking information to calculate credit loss estimates. Results for reporting periods effective as of July 1, 2020 are presented under the new standard, while prior period results continue to be reported under the previous standards. As a result of this adoption, we recorded a decrease to retained earnings of $2.5 million as of July 1, 2020 with the following corresponding impacts: • A decrease in accounts receivable trade, net of $3.0 million; • A decrease in contract assets of $0.3 million; and • An increase to deferred tax assets of $0.8 million. Pronouncements Adopted in Fiscal 2021 During Fiscal 2021, we have adopted the following ASU, in addition to those discussed in note 1 "Basis of Presentation". The ASU listed below did not have a material impact to our reported financial position, results of operations or cash flows:
Contract Balances	Contract Balances A contract asset, net of allowance for credit losses, will be recorded if we have recognized revenue but do not have an unconditional right to the related consideration from the customer. For example, this will be the case if implementation services offered in a cloud arrangement are identified as a separate performance obligation and are provided to a customer prior to us being able to bill the customer. In addition, a contract asset may arise in relation to subscription licenses if the license revenue that is recognized upfront exceeds the amount that we are able to invoice the customer at that time. Contract assets are reclassified to accounts receivable when the rights become unconditional.
Leases	We enter into operating leases, both domestically and internationally, for certain facilities, automobiles, data centers and equipment for use in the ordinary course of business. The duration of the majority of these leases generally range from 1 to 10 years, some of which include options to extend for an additional 3 to 5 years after the initial term. Additionally, the land upon which our headquarters in Waterloo, Ontario, Canada is located is leased from the University of Waterloo for a period of 49 years beginning in December 2005, with an option to renew for an additional term of 49 years. Leases with an initial term of 12 months or less are not recorded on the Condensed Consolidated Balance Sheets and we do not have any material finance leases. We account for a contract as a lease when we have the right to direct the use of the asset for a period of time while obtaining substantially all of the asset’s economic benefits. We determine the initial classification and measurement of our right of use (ROU) assets and lease liabilities at the lease commencement date and thereafter if modified. ROU assets represent our right to control the underlying assets under lease, and the lease liability is our obligation to make the lease payments related to the underlying assets under lease, over the contractual term. ROU assets and lease liabilities are recognized on the Condensed Consolidated Balance Sheets based on the present value of future minimum lease payments to be made over the lease term. When available, we will use the rate implicit in the lease to discount lease payments to present value. However, real estate leases generally do not provide a readily determinable implicit rate, therefore, we must estimate our incremental borrowing rate to discount the lease payments. We estimate our incremental borrowing rate based on a collateralized basis with similar terms and payments, in an economic environment where the leased asset is located. The ROU asset equals the lease liability, adjusted for any initial direct costs, prepaid rent and lease incentives on initial recognition. Fixed lease costs are included in the recognition of ROU assets and lease liabilities. Variable lease costs are not included in the measurement of the lease liability. These variable lease payments are recognized in the Condensed Consolidated Statements of Income in the period in which the obligation for those payments is incurred. Lease expense for minimum lease payments continue to be recognized in the Condensed Consolidated Statements of Income on a straight-line basis over the lease term. We have not elected the practical expedient to combine lease and non-lease components in the determination of lease costs for our facility leases. For all other asset classes, we have elected the practical expedient to combine the lease and the non-lease components. The lease liability includes lease payments related to options to extend or renew the lease term only if we are reasonably certain we will exercise those options. Our leases typically do not contain any material residual value guarantees or restrictive covenants.

REVENUES (Tables)

REVENUES (Tables)	9 Months Ended
	Mar. 31, 2021
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following tables disaggregate our revenue by significant geographic area, based on the location of our end customer, and by type of performance obligation and timing of revenue recognition for the periods indicated: Three Months Ended March 31, Nine Months Ended March 31, 2021 2020 2021 2020 Total Revenues by Geography: Americas (1) $ 507,892 $ 509,778 $ 1,533,400 $ 1,380,179 EMEA (2) 258,010 240,529 754,966 702,964 Asia Pacific (3) 67,029 64,372 204,222 199,981 Total revenues $ 832,931 $ 814,679 $ 2,492,588 $ 2,283,124 Total Revenues by Type of Performance Obligation: Recurring revenues (4) Cloud services and subscriptions revenue $ 355,845 $ 339,463 $ 1,047,285 $ 825,068 Customer support revenue 335,915 322,865 999,806 950,671 Total recurring revenues $ 691,760 $ 662,328 $ 2,047,091 $ 1,775,739 License revenue (perpetual, term and subscriptions) 76,299 81,055 252,170 297,048 Professional service and other revenue 64,872 71,296 193,327 210,337 Total revenues $ 832,931 $ 814,679 $ 2,492,588 $ 2,283,124 Total Revenues by Timing of Revenue Recognition: Point in time $ 76,299 $ 81,055 $ 252,170 $ 297,048 Over time (including professional service and other revenue) 756,632 733,624 2,240,418 1,986,076 Total revenues $ 832,931 $ 814,679 $ 2,492,588 $ 2,283,124 (1) Americas consists of countries in North, Central and South America. (2) EMEA primarily consists of countries in Europe, the Middle East and Africa. (3) Asia Pacific primarily consists of Japan, Australia, China, Korea, Philippines, Singapore and New Zealand. (4) Recurring revenue is defined as the sum of Cloud services and subscriptions revenue and Customer support revenue.
Contract Balances	The balance for our contract assets and contract liabilities (i.e. deferred revenues) for the periods indicated below were as follows: As of March 31, 2021 As of June 30, 2020 Short-term contract assets $ 26,276 $ 29,570 Long-term contract assets $ 18,594 $ 15,427 Short-term deferred revenues $ 873,581 $ 812,218 Long-term deferred revenues $ 99,679 $ 94,382
Incremental Costs of Obtaining a Contract with a Customer	The following table summarizes the changes in total capitalized costs to obtain a contract, since June 30, 2020: Capitalized costs to obtain a contract as of June 30, 2020 $ 61,163 New capitalized costs incurred 20,586 Amortization of capitalized costs (16,227) Adjustments on account of foreign exchange 1,268 Capitalized costs to obtain a contract as of March 31, 2021 $ 66,790

ALLOWANCE FOR CREDIT LOSSES (Ta

ALLOWANCE FOR CREDIT LOSSES (Tables)	9 Months Ended
	Mar. 31, 2021
Receivables [Abstract]
Activity for Allowance for Credit Losses	The following illustrates the activity in our allowance for credit losses on accounts receivable: Balance as of June 30, 2020 $ 20,906 Adoption of Topic 326 - cumulative effect 3,025 Credit loss expense 5,256 Write-off /adjustments (6,256) Balance as of March 31, 2021 $ 22,931

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	9 Months Ended
	Mar. 31, 2021
Property, Plant and Equipment [Abstract]
Components of Property and Equipment by Type	As of March 31, 2021 Cost Accumulated Net Furniture and fixtures $ 39,110 $ (32,016) $ 7,094 Office equipment 2,435 (1,187) 1,248 Computer hardware 305,160 (207,092) 98,068 Computer software 123,173 (100,940) 22,233 Capitalized software development costs 122,924 (82,641) 40,283 Leasehold improvements 107,204 (78,671) 28,533 Land and buildings 48,289 (15,231) 33,058 Total $ 748,295 $ (517,778) $ 230,517 As of June 30, 2020 Cost Accumulated Net Furniture and fixtures $ 39,158 $ (28,473) $ 10,685 Office equipment 2,272 (1,329) 943 Computer hardware 294,745 (198,194) 96,551 Computer software 127,299 (103,057) 24,242 Capitalized software development costs 111,202 (70,015) 41,187 Leasehold improvements 111,384 (74,395) 36,989 Land and buildings 49,268 (15,310) 33,958 Total $ 735,328 $ (490,773) $ 244,555

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Mar. 31, 2021
Leases [Abstract]
Lease Costs and Other Information	The following illustrates the various components of operating lease costs for the period indicated: Three Months Ended March 31, Nine Months Ended March 31, 2021 2020 2021 2020 Operating lease cost $ 16,065 $ 19,157 $ 47,327 $ 51,259 Short-term lease cost 222 455 724 743 Variable lease cost 852 1,140 2,152 2,647 Sublease income (1,569) (1,481) (4,762) (4,618) Total lease cost $ 15,570 $ 19,271 $ 45,441 $ 50,031 The weighted average remaining lease term and discount rate for the periods indicated below were as follows: As of March 31, 2021 As of June 30, 2020 Weighted-average remaining lease term 6.45 years 6.18 years Weighted-average discount rate 2.81 % 3.12 % The following table presents supplemental information relating to cash flows arising from lease transactions. Cash payments made for variable lease cost and short-term lease are not included in the measurement of operating lease liabilities, and, as such, are excluded from the amounts below: Nine Months Ended March 31, 2021 2020 Cash paid for amounts included in the measurement of operating lease liabilities $ 56,645 $ 53,996 Right of use assets obtained in exchange for new operating lease liabilities (1) (2) $ 59,762 $ 15,964 (1) Excludes the impact of $60.1 million and $2.9 million of ROU assets acquired through the acquisitions of Carbonite, Inc. (Carbonite) and XMedius, respectively, during the nine months ended March 31, 2020. (2) Excludes the release of $22.3 million of lease liabilities during the nine months ended March 31, 2021 relating to office space that was abandoned during the fourth quarter of Fiscal 2020 that has since been early terminated or assigned to a third party. These recoveries have been recorded in "Special charges (recoveries)" in the Condensed Consolidated Statements of Income. Please see note 18 "Special Charges (Recoveries)".
Maturity of Lease Liabilities	The following table presents the future minimum lease payments under our operating leases liabilities as of March 31, 2021: Fiscal years ending June 30, 2021 (three months ended) $ 15,796 2022 62,238 2023 52,597 2024 42,075 2025 31,916 Thereafter 94,010 Total Lease payments $ 298,632 Less: Imputed interest (24,905) Total $ 273,727 Reported as: Current operating lease liabilities $ 56,143 Non-current operating lease liabilities 217,584 Total $ 273,727

GOODWILL (Tables)

GOODWILL (Tables)	9 Months Ended
	Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Carrying Amount of Goodwill	The following table summarizes the changes in goodwill since June 30, 2020: Balance as of June 30, 2020 $ 4,672,356 Adjustments relating to acquisitions prior to Fiscal 2021 that had open measurement periods (note 19) (2,002) Impact of foreign exchange rate changes 18,095 Balance as of March 31, 2021 $ 4,688,449

ACQUIRED INTANGIBLE ASSETS (Tab

ACQUIRED INTANGIBLE ASSETS (Tables)	9 Months Ended
	Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Calculation of Acquired Intangibles by Asset Class	As of March 31, 2021 Cost Accumulated Amortization Net Technology assets $ 1,002,970 $ (582,511) $ 420,459 Customer assets 1,418,736 (547,399) 871,337 Total $ 2,421,706 $ (1,129,910) $ 1,291,796 As of June 30, 2020 Cost Accumulated Amortization Net Technology assets $ 1,084,144 $ (502,376) $ 581,768 Customer assets 1,434,832 (404,036) 1,030,796 Total $ 2,518,976 $ (906,412) $ 1,612,564
Calculation of Estimated Future Amortization Expense	The following table shows the estimated future amortization expense for the fiscal years indicated. This calculation assumes no future adjustments to acquired intangible assets: Fiscal years ending June 30, 2021 (three months ended) $ 105,459 2022 398,732 2023 316,753 2024 235,776 2025 123,345 2026 and beyond 111,731 Total $ 1,291,796

OTHER ASSETS (Tables)

OTHER ASSETS (Tables)	9 Months Ended
	Mar. 31, 2021
Other Assets, Noncurrent Disclosure [Abstract]
Components of Other Assets	As of March 31, 2021 As of June 30, 2020 Deposits and restricted cash $ 10,938 $ 11,612 Capitalized costs to obtain a contract 46,540 43,029 Investments 93,447 76,002 Long-term prepaid expenses and other long-term assets 24,040 23,824 Total $ 174,965 $ 154,467

ACCOUNTS PAYABLE AND ACCRUED _2

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES (Tables)	9 Months Ended
	Mar. 31, 2021
Accounts Payable and Accrued Liabilities [Abstract]
Schedule of Current Liabilities	Accounts payable and accrued liabilities: As of March 31, 2021 As of June 30, 2020 Accounts payable—trade $ 65,074 $ 41,469 Accrued salaries and commissions 152,389 155,496 Accrued liabilities 94,454 78,793 Accrued sales and other tax liabilities 26,509 50,255 Accrued interest on Senior Notes 25,646 30,761 Amounts payable in respect of restructuring and other special charges 6,090 12,185 Asset retirement obligations 2,657 4,355 Total $ 372,819 $ 373,314
Schedule of Long-Term Accrued Liabilities	Long-term accrued liabilities: As of March 31, 2021 As of June 30, 2020 Amounts payable in respect of restructuring and other special charges $ 3,318 $ 13,768 Other accrued liabilities 10,928 8,215 Asset retirement obligations 13,603 12,972 Total $ 27,849 $ 34,955

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	9 Months Ended
	Mar. 31, 2021
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	As of March 31, 2021 As of June 30, 2020 Total debt Senior Notes 2030 $ 900,000 $ 900,000 Senior Notes 2028 900,000 900,000 Senior Notes 2026 850,000 850,000 Term Loan B 970,000 977,500 Revolver — 600,000 Total principal payments due 3,620,000 4,227,500 Premium on Senior Notes 2026 4,244 4,756 Debt issuance costs (34,038) (37,945) Total amount outstanding 3,590,206 4,194,311 Less: Current portion of long-term debt Term Loan B 10,000 10,000 Revolver — 600,000 Total current portion of long-term debt 10,000 610,000 Non-current portion of long-term debt $ 3,580,206 $ 3,584,311

PENSION PLANS AND OTHER POST _2

PENSION PLANS AND OTHER POST RETIREMENT BENEFITS (Tables)	9 Months Ended
	Mar. 31, 2021
Retirement Benefits [Abstract]
Defined Benefit Plan and Long-Term Employee Benefit Obligations	The following table provides details of our defined benefit pension plans and long-term employee benefit obligations for Open Text Document Technologies GmbH (CDT), GXS GmbH (GXS GER), GXS Philippines, Inc. (GXS PHP) and other plans as of March 31, 2021 and June 30, 2020: As of March 31, 2021 Total benefit Current portion of benefit obligation (1) Non-current portion of CDT defined benefit plan $ 35,001 $ 861 $ 34,140 GXS GER defined benefit plan 25,564 1,007 24,557 GXS PHP defined benefit plan 13,652 210 13,442 Other plans 9,231 721 8,510 Total $ 83,448 $ 2,799 $ 80,649 As of June 30, 2020 Total benefit Current portion of benefit obligation (1) Non-current portion of CDT defined benefit plan $ 32,851 $ 777 $ 32,074 GXS GER defined benefit plan 24,105 943 23,162 GXS PHP defined benefit plan 10,270 115 10,155 Other plans 8,590 852 7,738 Total $ 75,816 $ 2,687 $ 73,129 (1) The current portion of the benefit obligation has been included within "Accrued salaries and commissions", all within "Accounts payable and accrued liabilities" in the Condensed Consolidated Balance Sheets (see note 10 "Accounts Payable and Accrued Liabilities").
Changes in Benefit Obligation of Defined Benefit Plan	The following are the details of the change in the benefit obligation for each of the above mentioned pension plans for the periods indicated: As of March 31, 2021 As of June 30, 2020 CDT GXS GER GXS PHP Total CDT GXS GER GXS PHP Total Benefit obligation—beginning of fiscal year $ 32,851 $ 24,105 $ 10,270 $ 67,226 $ 35,836 $ 26,739 $ 6,904 $ 69,479 Service cost 354 155 1,245 1,754 572 319 1,247 2,138 Interest cost 378 272 299 949 459 337 368 1,164 Benefits paid (592) (766) (9) (1,367) (644) (926) (792) (2,362) Actuarial (gain) loss 550 725 1,537 2,812 (3,073) (2,083) 2,333 (2,823) Foreign exchange (gain) loss 1,460 1,073 310 2,843 (299) (281) 210 (370) Benefit obligation—end of period 35,001 25,564 13,652 74,217 32,851 24,105 10,270 67,226 Less: Current portion (861) (1,007) (210) (2,078) (777) (943) (115) (1,835) Non-current portion of benefit obligation $ 34,140 $ 24,557 $ 13,442 $ 72,139 $ 32,074 $ 23,162 $ 10,155 $ 65,391
Components of Net Pension Expense for Pension Plan	The following are details of net pension expense relating to the following pension plans: Three Months Ended March 31, 2021 2020 Pension expense: CDT GXS GER GXS PHP Total CDT GXS GER GXS PHP Total Service cost $ 117 $ 51 $ 404 $ 572 $ 140 $ 78 $ 305 $ 523 Interest cost 125 90 104 319 112 82 92 286 Amortization of actuarial (gains) and losses 175 28 — 203 234 61 (72) 223 Net pension expense $ 417 $ 169 $ 508 $ 1,094 $ 486 $ 221 $ 325 $ 1,032 Nine Months Ended March 31, 2021 2020 Pension expense: CDT GXS GER GXS PHP Total CDT GXS GER GXS PHP Total Service cost $ 354 $ 155 $ 1,245 $ 1,754 $ 426 $ 237 $ 914 $ 1,577 Interest cost 378 272 299 949 341 250 265 856 Amortization of actuarial (gains) and losses 529 85 — 614 703 183 (215) 671 Net pension expense $ 1,261 $ 512 $ 1,544 $ 3,317 $ 1,470 $ 670 $ 964 $ 3,104
Weighted-Average Key Assumptions Used for CDT Pension Plan	In determining the fair value of the pension plan benefit obligations as of March 31, 2021 and June 30, 2020, respectively, we used the following weighted-average key assumptions: As of March 31, 2021 As of June 30, 2020 CDT GXS GER GXS PHP CDT GXS GER GXS PHP Assumptions: Salary increases 1.75% 2.50% 6.50% 1.75% 2.50% 6.50% Pension increases 1.50% 2.00% N/A 1.50% 2.00% N/A Discount rate 1.36% 1.36% 5.00% 1.46% 1.46% 3.50% Normal retirement age 65-67 65-67 60 65-67 65-67 60 Employee fluctuation rate: to age 20 —% —% 13.98% —% —% 12.19% to age 25 —% —% 7.10% —% —% 16.58% to age 30 1.00% —% 3.00% 1.00% —% 13.97% to age 35 0.50% —% 2.44% 0.50% —% 10.77% to age 40 —% —% 2.59% —% —% 7.39% to age 45 0.50% —% 1.15% 0.50% —% 3.28% to age 50 0.50% —% —% 0.50% —% —% from age 51 1.00% —% —% 1.00% —% —%
Anticipated Pension Payments Under Pension Plan	Anticipated pension payments under the pension plans for the fiscal years indicated below are as follows: Fiscal years ending June 30, CDT GXS GER GXS PHP 2021 (three months ended) $ 203 $ 246 $ 28 2022 877 1,014 254 2023 975 1,014 100 2024 1,083 1,022 140 2025 1,130 1,051 190 2026 to 2030 6,486 5,154 2,456 Total $ 10,754 $ 9,501 $ 3,168

SHARE CAPITAL, OPTION PLANS A_2

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS (Tables)	9 Months Ended
	Mar. 31, 2021
Share-based Payment Arrangement [Abstract]
Summary of Share-based Compensation Costs	Total share-based compensation expense for the periods indicated below is detailed as follows: Three Months Ended March 31, Nine Months Ended March 31, 2021 2020 2021 2020 Stock options $ 3,460 $ 2,143 $ 11,329 $ 6,820 Performance Share Units (issued under LTIP) 2,447 1,515 7,486 4,436 Restricted Share Units (issued under LTIP) 1,697 1,478 5,655 4,447 Restricted Share Units (other) 2,807 64 7,877 84 Deferred Share Units (directors) 813 735 2,626 2,610 Employee Share Purchase Plan 1,133 921 3,646 3,133 Total share-based compensation expense $ 12,357 $ 6,856 $ 38,619 $ 21,530
Summary of Option Activity	A summary of activity under our stock option plans for the nine months ended March 31, 2021 is as follows: Options Weighted- Weighted- Aggregate Intrinsic Value Outstanding at June 30, 2020 7,429,537 $ 36.18 4.78 $ 49,574 Granted 3,008,209 45.63 Exercised (742,636) 32.01 Forfeited or expired (722,356) 43.88 Outstanding at March 31, 2021 8,972,754 $ 39.07 4.80 $ 77,638 Exercisable at March 31, 2021 2,834,679 $ 32.97 3.00 $ 41,789
Schedule of Weighted-Average Fair Value of Options and Weighted-Average Assumptions Used	For the periods indicated, the weighted-average fair value of options and weighted-average assumptions estimated under the Black-Scholes option-pricing model were as follows: Three Months Ended March 31, Nine Months Ended March 31, 2021 2020 2021 2020 Weighted–average fair value of options granted $ 8.86 $ 7.28 $ 8.41 $ 6.95 Weighted-average assumptions used: Expected volatility 26.59 % 21.80 % 26.20 % 21.92 % Risk–free interest rate 0.32 % 1.38 % 0.21 % 1.49 % Expected dividend yield 1.54 % 1.55 % 1.54 % 1.60 % Expected life (in years) 4.14 4.14 4.63 4.13 Forfeiture rate (based on historical rates) 7 % 7 % 7 % 7 % Average exercise share price $ 48.74 $ 44.99 $ 45.57 $ 42.57 For the periods in which performance options were granted, as indicated, the weighted-average fair value of performance options and weighted-average assumptions estimated under the Monte Carlo pricing model were as follows: Nine Months Ended March 31, 2021 Weighted–average fair value of options granted $ 10.18 Derived service period (in years) 1.80 Weighted-average assumptions used: Expected volatility 28.00 % Risk–free interest rate 0.42 % Expected dividend yield 1.70 % Average exercise share price $ 45.81

GUARANTEES AND CONTINGENCIES (T

GUARANTEES AND CONTINGENCIES (Tables)	9 Months Ended
	Mar. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Contractual Obligations	We have entered into the following contractual obligations with minimum payments for the indicated fiscal periods as follows: Payments due between Total April 1, 2021 - July 1, 2021 - July 1, 2023 - July 1, 2025 Long-term debt obligations (1) $ 4,547,824 $ 32,040 $ 300,124 $ 1,225,472 $ 2,990,188 Purchase obligations for contracts not accounted for as lease obligations (2) 82,060 20,738 61,322 — — $ 4,629,884 $ 52,778 $ 361,446 $ 1,225,472 $ 2,990,188 (1) Includes interest up to maturity and principal payments. Please see note 11 "Long-Term Debt" for more details. (2) For contractual obligations relating to leases and purchase obligations accounted for under Topic 842, please see note 6 "Leases".

INCOME TAXES (Tables)

INCOME TAXES (Tables)	9 Months Ended
	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Interest and Penalties Related to Liabilities for Income Tax Expense	For the three and nine months ended March 31, 2021 and 2020, respectively, we recognized the following amounts as income tax-related interest expense and penalties: Three Months Ended March 31, Nine Months Ended March 31, 2021 2020 2021 2020 Interest expense (recoveries) $ 1,315 $ 2,814 $ 45,422 $ 4,048 Penalties expense (recoveries) 506 100 889 175 Total $ 1,821 $ 2,914 $ 46,311 $ 4,223
Interest Accrued and Penalties Accrued Related to Income Tax Expense	The following amounts have been accrued on account of income tax-related interest expense and penalties: As of March 31, 2021 As of June 30, 2020 Interest expense accrued * $ 4,937 $ 70,364 Penalties accrued * $ 2,592 $ 2,620 * These balances are primarily included within "Long-term income taxes payable" within the Condensed Consolidated Balance Sheets.

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	9 Months Ended
	Mar. 31, 2021
Fair Value Disclosures [Abstract]
Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis	Our financial assets and liabilities measured at fair value on a recurring basis consisted of the following types of instruments as of March 31, 2021 and June 30, 2020: March 31, 2021 June 30, 2020 Fair Market Measurements using: Fair Market Measurements using: March 31, 2021 Quoted prices Significant Significant June 30, 2020 Quoted prices Significant Significant (Level 1) (Level 2) (Level 3) (Level 1) (Level 2) (Level 3) Financial Assets: Foreign currency forward contracts designated as cash flow hedges (note 17) $ 2,151 $ — $ 2,151 $ — $ — $ — $ — $ — Total $ 2,151 $ — $ 2,151 $ — $ — $ — $ — $ — Financial Liabilities: Foreign currency forward contracts designated as cash flow hedges (note 17) $ — $ — $ — $ — $ (185) $ — $ (185) $ — Total $ — $ — $ — $ — $ (185) $ — $ (185) $ —

DERIVATIVE INSTRUMENTS AND HE_2

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)	9 Months Ended
	Mar. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair Value of Derivative Instruments in the Condensed Consolidated Balance Sheets	The effect of these derivative instruments on our Condensed Consolidated Financial Statements for the periods indicated below were as follows (amounts presented do not include any income tax effects). Fair Value of Derivative Instruments in the Condensed Consolidated Balance Sheets (see note 16 "Fair Value Measurement") As of March 31, 2021 As of June 30, 2020 Derivatives Balance Sheet Location Fair Value Fair Value Foreign currency forward contracts designated as cash flow hedges Prepaid expenses and other current assets (Accounts payable and accrued liabilities) $ 2,151 $ (185)
Effects of Derivative Instruments on Income and Other Comprehensive Income (OCI)	Effects of Derivative Instruments on Income and Other Comprehensive Income (OCI) Three and Nine Months Ended March 31, 2021 Derivatives in Cash Flow Hedging Relationship Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion) Location of Gain or (Loss) Amount of Gain or (Loss) Three Months Ended March 31, 2021 Nine Months Ended March 31, 2021 Three Months Ended March 31, 2021 Nine Months Ended March 31, 2021 Foreign currency forward contracts $ 927 $ 4,910 Operating expenses $ 1,507 $ 2,574 Three and Nine Months Ended March 31, 2020 Derivatives in Cash Flow Hedging Relationship Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion) Location of Gain or (Loss) Amount of Gain or (Loss) Three Months Ended March 31, 2020 Nine Months Ended March 31, 2020 Three Months Ended March 31, 2020 Nine Months Ended March 31, 2020 Foreign currency forward contracts $ (4,815) $ (4,459) Operating expenses $ (458) $ (371)

SPECIAL CHARGES (RECOVERIES) (T

SPECIAL CHARGES (RECOVERIES) (Tables)	9 Months Ended
	Mar. 31, 2021
Restructuring, Settlement and Impairment Provisions [Abstract]
Schedule of Restructuring Reserve	Special charges (recoveries) include costs and recoveries that relate to certain restructuring initiatives that we have undertaken from time to time under our various restructuring plans, as well as acquisition-related costs and other charges. Three Months Ended March 31, Nine Months Ended March 31, 2021 2020 2021 2020 COVID-19 Restructuring Plan $ 153 $ — $ (7,581) $ — Fiscal 2020 Restructuring Plan (727) 5,899 475 5,899 Restructuring Plans prior to Fiscal 2020 Restructuring Plan 10 21 11 1,504 Acquisition-related costs 3,145 2,453 4,593 12,898 Other charges (recoveries) 265 1,033 1,098 4,278 Total $ 2,846 $ 9,406 $ (1,404) $ 24,579 A reconciliation of the beginning and ending restructuring liability, which is included within "Accounts payable and accrued liabilities" in our Condensed Consolidated Balance Sheets, for the nine months ended March 31, 2021 is shown below. COVID-19 Restructuring Plan Workforce reduction Facility charges Total Balance payable as of June 30, 2020 $ 5,172 $ 12,276 $ 17,448 Accruals and adjustments 2,060 (1,756) 304 Cash payments (6,867) (5,345) (12,212) Foreign exchange and other non-cash adjustments 264 462 726 Balance payable as of March 31, 2021 $ 629 $ 5,637 $ 6,266 A reconciliation of the beginning and ending restructuring liability, which is included within "Accounts payable and accrued liabilities" in our Condensed Consolidated Balance Sheets, for the nine months ended March 31, 2021 is shown below. Fiscal 2020 Restructuring Plan Workforce reduction Facility charges Total Balance payable as of June 30, 2020 $ 1,576 $ 6,442 $ 8,018 Accruals and adjustments 9,104 (884) 8,220 Cash payments (9,940) (3,281) (13,221) Foreign exchange and other non-cash adjustments 4 (319) (315) Balance payable as of March 31, 2021 $ 744 $ 1,958 $ 2,702

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	9 Months Ended
	Mar. 31, 2021
Business Combinations [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The recognized amounts of identifiable assets acquired and liabilities assumed, based upon their fair values as of March 9, 2020, are set forth below: Current assets $ 8,479 Non-current tangible assets 3,792 Intangible customer assets 35,910 Intangible technology assets 11,143 Liabilities assumed (34,602) Total identifiable net assets 24,722 Goodwill 48,823 Net assets acquired $ 73,545 The recognized amounts of identifiable assets acquired and liabilities assumed, based upon their fair values as of December 24, 2019, are set forth below: Current assets (inclusive of cash acquired of $62.9 million) $ 127,532 Non-current tangible assets (inclusive of restricted cash acquired of $2.4 million) 105,742 Intangible customer assets 549,500 Intangible technology assets 290,000 Liabilities assumed (554,320) Total identifiable net assets 518,454 Goodwill 851,970 Net assets acquired $ 1,370,424

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)	9 Months Ended
	Mar. 31, 2021
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	Three Months Ended March 31, 2021 Foreign Currency Translation Adjustments Cash Flow Hedges Defined Benefit Pension Plans Accumulated Other Comprehensive Income Balance as of December 31, 2020 $ 81,678 $ 2,007 $ (17,209) $ 66,476 Other comprehensive income (loss) before reclassifications, net of tax (12,568) 681 344 (11,543) Amounts reclassified into net income, net of tax — (1,108) 249 (859) Total other comprehensive income (loss) net, for the period (12,568) (427) 593 (12,402) Balance as of March 31, 2021 $ 69,110 $ 1,580 $ (16,616) $ 54,074 Nine Months Ended March 31, 2021 Foreign Currency Translation Adjustments Cash Flow Hedges Defined Benefit Pension Plans Accumulated Other Comprehensive Income Balance as of June 30, 2020 $ 32,968 $ (136) $ (15,007) $ 17,825 Other comprehensive income (loss) before reclassifications, net of tax 36,142 3,608 (2,342) 37,408 Amounts reclassified into net income, net of tax — (1,892) 733 (1,159) Total other comprehensive income (loss) net, for the period 36,142 1,716 (1,609) 36,249 Balance as of March 31, 2021 $ 69,110 $ 1,580 $ (16,616) $ 54,074 Three Months Ended March 31, 2020 Foreign Currency Translation Adjustments Cash Flow Hedges Defined Benefit Pension Plans Accumulated Other Comprehensive Income Balance as of December 31, 2019 $ 40,016 $ 738 $ (16,064) $ 24,690 Other comprehensive income (loss) before reclassifications, net of tax (15,484) (3,539) 3,309 (15,714) Amounts reclassified into net income, net of tax — 337 153 490 Total other comprehensive income (loss) net, for the period (15,484) (3,202) 3,462 (15,224) Balance as of March 31, 2020 $ 24,532 $ (2,464) $ (12,602) $ 9,466 Nine Months Ended March 31, 2020 Foreign Currency Translation Adjustments Cash Flow Hedges Defined Benefit Pension Plans Accumulated Other Comprehensive Income Balance as of June 30, 2019 $ 40,752 $ 541 $ (17,169) $ 24,124 Other comprehensive income (loss) before reclassifications, net of tax (16,220) (3,278) 3,923 (15,575) Amounts reclassified into net income, net of tax — 273 644 917 Total other comprehensive income (loss) net, for the period (16,220) (3,005) 4,567 (14,658) Balance as of March 31, 2020 $ 24,532 $ (2,464) $ (12,602) $ 9,466

SUPPLEMENTAL CASH FLOW DISCLO_2

SUPPLEMENTAL CASH FLOW DISCLOSURES (Tables)	9 Months Ended
	Mar. 31, 2021
Supplemental Cash Flow Information [Abstract]
Supplemental Disclosure of Cash Flow Information	Nine Months Ended March 31, 2021 2020 Cash paid during the period for interest $ 117,359 $ 111,786 Cash received during the period for interest $ 3,116 $ 10,166 Cash paid during the period for income taxes (1) $ 369,246 $ 75,881 (1) Included for the nine months ended March 31, 2021 is cash paid of $290.0 million relating to the IRS Settlement. Please see note 15 "Income Taxes" for additional details.

OTHER INCOME (EXPENSE), NET (Ta

OTHER INCOME (EXPENSE), NET (Tables)	9 Months Ended
	Mar. 31, 2021
Other Income and Expenses [Abstract]
Schedule of Other Income (Expense), Net	Three Months Ended March 31, Nine Months Ended March 31, 2021 2020 2021 2020 Foreign exchange gains (losses) $ (3,248) $ (5,766) $ (3,258) $ (9,073) OpenText share in net income of equity investees 11,765 4,527 20,020 6,475 Loss on debt extinguishment (1) — (17,854) — (17,854) Other miscellaneous income (expense) (234) 170 (345) 716 Total other income (expense), net $ 8,283 $ (18,923) $ 16,417 $ (19,736) (1) On March 5, 2020, we redeemed in full $800 million aggregate principal amount of our 5.625% Senior Notes due 2023 (Senior Notes 2023), which resulted in a loss on debt extinguishment of $17.9 million. Of this, $6.7 million related to unamortized debt issuance costs and the remaining $11.2 million related to the early termination call premium.

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Mar. 31, 2021
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	Three Months Ended March 31, Nine Months Ended March 31, 2021 2020 2021 2020 Basic earnings per share Net income attributable to OpenText $ 91,490 $ 25,965 $ 129,389 $ 207,833 Basic earnings per share attributable to OpenText $ 0.34 $ 0.10 $ 0.47 $ 0.77 Diluted earnings per share Net income attributable to OpenText $ 91,490 $ 25,965 $ 129,389 $ 207,833 Diluted earnings per share attributable to OpenText $ 0.33 $ 0.10 $ 0.47 $ 0.77 Weighted-average number of shares outstanding (in '000's) Basic 272,832 271,221 272,414 270,559 Effect of dilutive securities 1,092 981 898 1,084 Diluted 273,924 272,202 273,312 271,643 Excluded as anti-dilutive (1) 3,691 3,361 4,222 2,681 (1) Represents options to purchase Common Shares excluded from the calculation of diluted earnings per share because the exercise price of the stock options was greater than or equal to the average price of the Common Shares during the period.

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Jun. 30, 2020
Noncontrolling Interest [Line Items]
Decrease in retained earnings	$ (2,130,047)	$ (2,159,396)
Allowance for credit loss, current	(402,672)	(466,357)
Decrease in contract assets	(26,276)	(29,570)
Increase to deferred tax assets	$ 833,369	911,565
Adjustment
Noncontrolling Interest [Line Items]
Decrease in retained earnings		2,500
Allowance for credit loss, current		3,000
Decrease in contract assets		300
Increase to deferred tax assets		$ 800
OT South Africa
Noncontrolling Interest [Line Items]
Ownership percentage by Open Text	70.00%
GXS Singapore
Noncontrolling Interest [Line Items]
Ownership percentage by Open Text	81.00%

REVENUES - Disaggregation of Re

REVENUES - Disaggregation of Revenue (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2021USD ($)	Mar. 31, 2020USD ($)	Mar. 31, 2021USD ($)revenueStream	Mar. 31, 2020USD ($)
Revenue from Contract with Customer [Abstract]
Number of revenue streams | revenueStream			4
Disaggregation of Revenue [Line Items]
Total revenues	$ 832,931	$ 814,679	$ 2,492,588	$ 2,283,124
Point in time
Disaggregation of Revenue [Line Items]
Total revenues	76,299	81,055	252,170	297,048
Over time (including professional service and other revenue)
Disaggregation of Revenue [Line Items]
Total revenues	756,632	733,624	2,240,418	1,986,076
Total recurring revenues
Disaggregation of Revenue [Line Items]
Total revenues	691,760	662,328	2,047,091	1,775,739
Cloud services and subscriptions
Disaggregation of Revenue [Line Items]
Total revenues	355,845	339,463	1,047,285	825,068
Customer support revenue
Disaggregation of Revenue [Line Items]
Total revenues	335,915	322,865	999,806	950,671
License revenue (perpetual, term and subscriptions)
Disaggregation of Revenue [Line Items]
Total revenues	76,299	81,055	252,170	297,048
Professional service and other revenue
Disaggregation of Revenue [Line Items]
Total revenues	64,872	71,296	193,327	210,337
Americas
Disaggregation of Revenue [Line Items]
Total revenues	507,892	509,778	1,533,400	1,380,179
EMEA
Disaggregation of Revenue [Line Items]
Total revenues	258,010	240,529	754,966	702,964
Asia Pacific
Disaggregation of Revenue [Line Items]
Total revenues	$ 67,029	$ 64,372	$ 204,222	$ 199,981

REVENUES - Contract Balances (D

REVENUES - Contract Balances (Details) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020	Jun. 30, 2020
Revenue from Contract with Customer [Abstract]
Short-term contract assets	$ 26,276,000		$ 26,276,000		$ 29,570,000
Long-term contract assets	18,594,000		18,594,000		15,427,000
Short-term deferred revenues	873,581,000		873,581,000		812,218,000
Long-term deferred revenues	99,679,000		99,679,000		$ 94,382,000
Contract assets reclassified to receivables			28,700,000
Asset impairment	$ 0	$ 0	0	$ 0
Revenue recognized			$ 737,000,000	$ 591,000,000

REVENUES - Incremental Costs of

REVENUES - Incremental Costs of Obtaining a Contract with a Customer (Details) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020
Capitalized Contract Cost [Roll Forward]
Capitalized costs to obtain a contract, beginning balance			$ 61,163,000
New capitalized costs incurred			20,586,000
Amortization of capitalized costs			(16,227,000)
Adjustments on account of foreign exchange			1,268,000
Capitalized costs to obtain a contract, ending balance	$ 66,790,000		66,790,000
Impairment loss	$ 0	$ 0	$ 0	$ 0

REVENUES - Transaction Price Al

REVENUES - Transaction Price Allocated to the Remaining Performance Obligations (Details) $ in Billions	Mar. 31, 2021USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 1.3
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, percentage	49.00%
Expected timing of satisfaction, period	12 months

ALLOWANCE FOR CREDIT LOSSES (De

ALLOWANCE FOR CREDIT LOSSES (Details) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2021	Jun. 30, 2020
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 20,906
Credit loss expense	5,256
Write-off /adjustments	(6,256)
Balance at end of period	22,931
Unbilled receivables	48,400	$ 55,200
Allowance for credit loss, contract assets	200
Adjustment
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 3,025

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Jun. 30, 2020
Property, Plant and Equipment [Line Items]
Cost	$ 748,295	$ 735,328
Accumulated Depreciation	(517,778)	(490,773)
Net	230,517	244,555
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Cost	39,110	39,158
Accumulated Depreciation	(32,016)	(28,473)
Net	7,094	10,685
Office equipment
Property, Plant and Equipment [Line Items]
Cost	2,435	2,272
Accumulated Depreciation	(1,187)	(1,329)
Net	1,248	943
Computer hardware
Property, Plant and Equipment [Line Items]
Cost	305,160	294,745
Accumulated Depreciation	(207,092)	(198,194)
Net	98,068	96,551
Computer software
Property, Plant and Equipment [Line Items]
Cost	123,173	127,299
Accumulated Depreciation	(100,940)	(103,057)
Net	22,233	24,242
Capitalized software development costs
Property, Plant and Equipment [Line Items]
Cost	122,924	111,202
Accumulated Depreciation	(82,641)	(70,015)
Net	40,283	41,187
Leasehold improvements
Property, Plant and Equipment [Line Items]
Cost	107,204	111,384
Accumulated Depreciation	(78,671)	(74,395)
Net	28,533	36,989
Land and buildings
Property, Plant and Equipment [Line Items]
Cost	48,289	49,268
Accumulated Depreciation	(15,231)	(15,310)
Net	$ 33,058	$ 33,958

LEASES - Additional Information

LEASES - Additional Information (Details)	Mar. 31, 2021
Minimum
Lessee, Lease, Description [Line Items]
Operating leases, term of contract	1 year
Operating leases, term of extension option	3 years
Maximum
Lessee, Lease, Description [Line Items]
Operating leases, term of contract	10 years
Operating leases, term of extension option	5 years
Land
Lessee, Lease, Description [Line Items]
Operating leases, term of contract	49 years
Operating leases, term of extension option	49 years

LEASES - Lease Costs and Other

LEASES - Lease Costs and Other Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020	Jun. 30, 2020
Lessee, Lease, Description [Line Items]
Operating lease cost	$ 16,065	$ 19,157	$ 47,327	$ 51,259
Short-term lease cost	222	455	724	743
Variable lease cost	852	1,140	2,152	2,647
Sublease income	(1,569)	(1,481)	(4,762)	(4,618)
Total lease cost	$ 15,570	19,271	$ 45,441	50,031
Weighted-average remaining lease term	6 years 5 months 12 days		6 years 5 months 12 days		6 years 2 months 4 days
Weighted-average discount rate	2.81%		2.81%		3.12%
Supplemental Cash Flow Information
Cash paid for amounts included in the measurement of operating lease liabilities			$ 56,645	53,996
Right of use assets obtained in exchange for new operating lease liabilities (1) (2)			59,762	15,964
Reversal of lease liabilities | COVID-19 Restructuring Plan and Fiscal 2020 Restructuring Plan
Supplemental Cash Flow Information
Special charges (recoveries)			$ (22,300)
Carbonite
Supplemental Cash Flow Information
ROU assets acquired		60,100		60,100
XMedius
Supplemental Cash Flow Information
ROU assets acquired		$ 2,900		$ 2,900

LEASES - Maturity of Lease Liab

LEASES - Maturity of Lease Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Jun. 30, 2020
Leases [Abstract]
2021 (three months ended)	$ 15,796
2022	62,238
2023	52,597
2024	42,075
2025	31,916
Thereafter	94,010
Total Lease payments	298,632
Less: Imputed interest	(24,905)
Total	273,727
Reported as:
Current operating lease liabilities	56,143	$ 64,071
Non-current operating lease liabilities	217,584	$ 217,165
Sublease income to be received remainder of fiscal year	2,000
Sublease income to be received thereafter	$ 20,100

GOODWILL (Details)

GOODWILL (Details) $ in Thousands	9 Months Ended
	Mar. 31, 2021USD ($)
Goodwill [Roll Forward]
Beginning balance	$ 4,672,356
Adjustments relating to acquisitions prior to Fiscal 2021 that had open measurement periods (note 19)	(2,002)
Impact of foreign exchange rate changes	18,095
Ending balance	$ 4,688,449

ACQUIRED INTANGIBLE ASSETS - Ca

ACQUIRED INTANGIBLE ASSETS - Calculation of Acquired Intangibles by Asset Class (Details) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2021	Jun. 30, 2020
Finite-Lived Intangible Assets, Net [Abstract]
Cost	$ 2,421,706	$ 2,518,976
Accumulated Amortization	(1,129,910)	(906,412)
Total	1,291,796	1,612,564
Technology assets
Finite-Lived Intangible Assets, Net [Abstract]
Cost	1,002,970	1,084,144
Accumulated Amortization	(582,511)	(502,376)
Total	420,459	581,768
Reduction to technology assets	$ 85,900
Weighted-average amortization period (in years) for acquired intangible assets	5 years
Customer assets
Finite-Lived Intangible Assets, Net [Abstract]
Cost	$ 1,418,736	1,434,832
Accumulated Amortization	(547,399)	(404,036)
Total	871,337	$ 1,030,796
Reduction to technology assets	$ 21,000
Weighted-average amortization period (in years) for acquired intangible assets	7 years

ACQUIRED INTANGIBLE ASSETS - _2

ACQUIRED INTANGIBLE ASSETS - Calculation of Estimated Future Amortization Expense (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
2021 (three months ended)	$ 105,459
2022	398,732
2023	316,753
2024	235,776
2025	123,345
2026 and beyond	111,731
Total	$ 1,291,796	$ 1,612,564

OTHER ASSETS - Schedule (Detail

OTHER ASSETS - Schedule (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Jun. 30, 2020
Other Assets, Noncurrent Disclosure [Abstract]
Deposits and restricted cash	$ 10,938	$ 11,612
Capitalized costs to obtain a contract	46,540	43,029
Investments	93,447	76,002
Long-term prepaid expenses and other long-term assets	24,040	23,824
Total	$ 174,965	$ 154,467

OTHER ASSETS - Additional Infor

OTHER ASSETS - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020
Schedule of Equity Method Investments [Line Items]
OpenText share in net income of equity investees	$ 11,765	$ 4,527	$ 20,020	$ 6,475
Minimum
Schedule of Equity Method Investments [Line Items]
Ownership percentage	4.00%		4.00%
Maximum
Schedule of Equity Method Investments [Line Items]
Ownership percentage	20.00%		20.00%

ACCOUNTS PAYABLE AND ACCRUED _3

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES - Schedule of Current Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Jun. 30, 2020
Accounts Payable and Accrued Liabilities [Abstract]
Accounts payable—trade	$ 65,074	$ 41,469
Accrued salaries and commissions	152,389	155,496
Accrued liabilities	94,454	78,793
Accrued sales and other tax liabilities	26,509	50,255
Accrued interest on Senior Notes	25,646	30,761
Amounts payable in respect of restructuring and other special charges	6,090	12,185
Asset retirement obligations	2,657	4,355
Total	$ 372,819	$ 373,314

ACCOUNTS PAYABLE AND ACCRUED _4

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES - Schedule of Long-Term Accrued Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Jun. 30, 2020
Accounts Payable and Accrued Liabilities [Abstract]
Amounts payable in respect of restructuring and other special charges	$ 3,318	$ 13,768
Other accrued liabilities	10,928	8,215
Asset retirement obligations	13,603	12,972
Total	$ 27,849	$ 34,955

ACCOUNTS PAYABLE AND ACCRUED _5

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES - Additional Information (Details) - USD ($) $ in Millions	Mar. 31, 2021	Jun. 30, 2020
Accounts Payable and Accrued Liabilities [Abstract]
Present value of asset retirement obligation	$ 16.3	$ 17.3
Undiscounted value of asset retirement obligation	$ 17.1	$ 18.7

LONG-TERM DEBT - Schedule of Lo

LONG-TERM DEBT - Schedule of Long-Term Debt (Details) - USD ($)	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020
Debt Instrument [Line Items]
Total principal payments due	$ 3,620,000,000	$ 4,227,500,000
Debt issuance costs	(34,038,000)	(37,945,000)
Total amount outstanding	3,590,206,000	4,194,311,000
Less:
Current portion of long-term debt	10,000,000	610,000,000
Non-current portion of long-term debt	3,580,206,000	3,584,311,000
Senior Notes 2026
Debt Instrument [Line Items]
Premium on notes	4,244,000	4,756,000
Term Loan B
Debt Instrument [Line Items]
Total principal payments due	970,000,000	977,500,000
Less:
Current portion of long-term debt	10,000,000	10,000,000
Senior Notes | Senior Notes 2030
Debt Instrument [Line Items]
Total principal payments due	900,000,000	900,000,000
Senior Notes | Senior Notes 2028
Debt Instrument [Line Items]
Total principal payments due	900,000,000	900,000,000
Senior Notes | Senior Notes 2026
Debt Instrument [Line Items]
Total principal payments due	850,000,000	850,000,000
Revolver | Line of Credit
Debt Instrument [Line Items]
Total principal payments due	0	600,000,000	$ 600,000,000
Less:
Current portion of long-term debt	$ 0	$ 600,000,000

LONG-TERM DEBT - Senior Unsecur

LONG-TERM DEBT - Senior Unsecured Fixed Rate Notes (Details) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020	Jun. 30, 2020	Feb. 18, 2020	Dec. 20, 2016	May 31, 2016
Debt Instrument [Line Items]
Long-term debt	$ 3,620,000,000		$ 3,620,000,000		$ 4,227,500,000
Senior Notes | Senior Notes 2030
Debt Instrument [Line Items]
Debt instrument face amount						$ 900,000,000
Debt instrument stated interest rate						4.125%
Interest expense	9,300,000	$ 4,400,000	27,800,000	$ 4,400,000
Long-term debt	900,000,000		900,000,000		900,000,000
Senior Notes | Senior Notes 2028
Debt Instrument [Line Items]
Debt instrument face amount						$ 900,000,000
Debt instrument stated interest rate						3.875%
Interest expense	8,700,000	4,200,000	26,000,000	4,200,000
Long-term debt	900,000,000		900,000,000		900,000,000
Senior Notes | Senior Notes 2026
Debt Instrument [Line Items]
Debt instrument face amount							$ 250,000,000	$ 600,000,000
Debt instrument stated interest rate								5.875%
Interest expense	12,500,000	$ 12,500,000	37,500,000	$ 37,500,000
Debt premium issue price percentage							102.75%
Long-term debt	$ 850,000,000		$ 850,000,000		$ 850,000,000

LONG-TERM DEBT - Additional Inf

LONG-TERM DEBT - Additional Information (Details)	Oct. 31, 2019USD ($)	May 30, 2018USD ($)	Mar. 31, 2020USD ($)	Feb. 29, 2020USD ($)	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Mar. 31, 2021USD ($)	Mar. 31, 2020USD ($)	Jun. 30, 2020USD ($)	Oct. 30, 2019USD ($)	Jan. 16, 2014USD ($)
Debt Instrument [Line Items]
Long-term debt					$ 3,620,000,000				$ 3,620,000,000		$ 4,227,500,000
Repayment of long-term debt									607,500,000	$ 1,711,131,000
Revolver | Line of Credit
Debt Instrument [Line Items]
Interest expense					0		$ 3,700,000		3,600,000	4,300,000
Credit agreement, maximum capacity	$ 750,000,000											$ 450,000,000
Long-term debt			$ 600,000,000		$ 0		600,000,000		$ 0	600,000,000	600,000,000
Repayment of long-term debt						$ 600,000,000
Proceeds from lines of credit			$ 600,000,000					$ 750,000,000
Repayments of lines of credit				$ 750,000,000
Revolver | Line of Credit | LIBOR | Minimum
Debt Instrument [Line Items]
Interest addition to floating rate	1.25%
Revolver | Line of Credit | LIBOR | Maximum
Debt Instrument [Line Items]
Interest addition to floating rate	1.75%
Term Loan B
Debt Instrument [Line Items]
Debt instrument face amount		$ 1,000,000,000											$ 800,000,000
Proceeds from issuance of debt		$ 1,000,000,000
Term loan period		7 years
Term loan quarterly repayment as percentage of principal		0.25%
Effective interest rate percentage					1.86%				1.86%
Leverage ratio, compliance maximum		4
Leverage ratio					1.6				1.6
Interest expense					$ 4,600,000		$ 8,500,000		$ 14,100,000	$ 27,600,000
Long-term debt					$ 970,000,000				$ 970,000,000		$ 977,500,000
Term Loan B | LIBOR
Debt Instrument [Line Items]
Interest addition to floating rate		1.75%

PENSION PLANS AND OTHER POST _3

PENSION PLANS AND OTHER POST RETIREMENT BENEFITS - Schedule of Defined Benefit Plans and Long-Term Employee Benefit Obligations (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Jun. 30, 2020
Assumptions:
Total benefit obligation	$ 83,448	$ 75,816
Current portion of benefit obligation	2,799	2,687
Non-current portion of benefit obligation	80,649	73,129
Pension Plan | CDT
Assumptions:
Total benefit obligation	35,001	32,851
Current portion of benefit obligation	861	777
Non-current portion of benefit obligation	34,140	32,074
Pension Plan | GXS GER
Assumptions:
Total benefit obligation	25,564	24,105
Current portion of benefit obligation	1,007	943
Non-current portion of benefit obligation	24,557	23,162
Pension Plan | GXS PHP
Assumptions:
Total benefit obligation	13,652	10,270
Current portion of benefit obligation	210	115
Non-current portion of benefit obligation	13,442	10,155
Other plans
Assumptions:
Total benefit obligation	9,231	8,590
Current portion of benefit obligation	721	852
Non-current portion of benefit obligation	$ 8,510	$ 7,738

PENSION PLANS AND OTHER POST _4

PENSION PLANS AND OTHER POST RETIREMENT BENEFITS - Additional Information (Details) - Pension Plan	9 Months Ended
	Mar. 31, 2021USD ($)
CDT
Assumptions:
Contributions made by employer to plan	$ 0
GXS GER
Assumptions:
Contributions made by employer to plan	0
GXS PHP
Assumptions:
Contributions made by employer to plan	0
Fair value of plan assets	$ 40,000

PENSION PLANS AND OTHER POST _5

PENSION PLANS AND OTHER POST RETIREMENT BENEFITS - Schedule of the Change in Benefit Obligation (Details) - Pension Plan - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020	Jun. 30, 2020
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation—beginning of fiscal year			$ 67,226	$ 69,479	$ 69,479
Service cost	$ 572	$ 523	1,754	1,577	2,138
Interest cost	319	286	949	856	1,164
Benefits paid			(1,367)		(2,362)
Actuarial (gain) loss			2,812		(2,823)
Foreign exchange (gain) loss			2,843		(370)
Benefit obligation—end of period	74,217		74,217		67,226
Less: Current portion	(2,078)		(2,078)		(1,835)
Non-current portion of benefit obligation	72,139		72,139		65,391
CDT
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation—beginning of fiscal year			32,851	35,836	35,836
Service cost	117	140	354	426	572
Interest cost	125	112	378	341	459
Benefits paid			(592)		(644)
Actuarial (gain) loss			550		(3,073)
Foreign exchange (gain) loss			1,460		(299)
Benefit obligation—end of period	35,001		35,001		32,851
Less: Current portion	(861)		(861)		(777)
Non-current portion of benefit obligation	34,140		34,140		32,074
GXS GER
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation—beginning of fiscal year			24,105	26,739	26,739
Service cost	51	78	155	237	319
Interest cost	90	82	272	250	337
Benefits paid			(766)		(926)
Actuarial (gain) loss			725		(2,083)
Foreign exchange (gain) loss			1,073		(281)
Benefit obligation—end of period	25,564		25,564		24,105
Less: Current portion	(1,007)		(1,007)		(943)
Non-current portion of benefit obligation	24,557		24,557		23,162
GXS PHP
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation—beginning of fiscal year			10,270	6,904	6,904
Service cost	404	305	1,245	914	1,247
Interest cost	104	$ 92	299	$ 265	368
Benefits paid			(9)		(792)
Actuarial (gain) loss			1,537		2,333
Foreign exchange (gain) loss			310		210
Benefit obligation—end of period	13,652		13,652		10,270
Less: Current portion	(210)		(210)		(115)
Non-current portion of benefit obligation	$ 13,442		$ 13,442		$ 10,155

PENSION PLANS AND OTHER POST _6

PENSION PLANS AND OTHER POST RETIREMENT BENEFITS - Components of Net Pension Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020	Jun. 30, 2020
Assumptions:
Net pension expense			$ 4,670	$ 4,323
Pension Plan
Assumptions:
Service cost	$ 572	$ 523	1,754	1,577	$ 2,138
Interest cost	319	286	949	856	1,164
Amortization of actuarial (gains) and losses	203	223	614	671
Net pension expense	1,094	1,032	3,317	3,104
Pension Plan | CDT
Assumptions:
Service cost	117	140	354	426	572
Interest cost	125	112	378	341	459
Amortization of actuarial (gains) and losses	175	234	529	703
Net pension expense	417	486	1,261	1,470
Pension Plan | GXS GER
Assumptions:
Service cost	51	78	155	237	319
Interest cost	90	82	272	250	337
Amortization of actuarial (gains) and losses	28	61	85	183
Net pension expense	169	221	512	670
Pension Plan | GXS PHP
Assumptions:
Service cost	404	305	1,245	914	1,247
Interest cost	104	92	299	265	$ 368
Amortization of actuarial (gains) and losses	0	(72)	0	(215)
Net pension expense	$ 508	$ 325	$ 1,544	$ 964

PENSION PLANS AND OTHER POST _7

PENSION PLANS AND OTHER POST RETIREMENT BENEFITS - Schedule of Weighted-Average Key Assumptions Used for Pension Plans (Details) - Pension Plan	9 Months Ended	12 Months Ended
	Mar. 31, 2021	Jun. 30, 2020
CDT
Assumptions:
Salary increases	1.75%	1.75%
Pension increases	1.50%	1.50%
Discount rate	1.36%	1.46%
CDT | to age 20
Assumptions:
Employee fluctuation rate	0.00%	0.00%
CDT | to age 25
Assumptions:
Employee fluctuation rate	0.00%	0.00%
CDT | to age 30
Assumptions:
Employee fluctuation rate	1.00%	1.00%
CDT | to age 35
Assumptions:
Employee fluctuation rate	0.50%	0.50%
CDT | to age 40
Assumptions:
Employee fluctuation rate	0.00%	0.00%
CDT | to age 45
Assumptions:
Employee fluctuation rate	0.50%	0.50%
CDT | to age 50
Assumptions:
Employee fluctuation rate	0.50%	0.50%
CDT | from age 51
Assumptions:
Employee fluctuation rate	1.00%	1.00%
CDT | Minimum
Assumptions:
Normal retirement age	65 years	65 years
CDT | Maximum
Assumptions:
Normal retirement age	67 years	67 years
GXS GER
Assumptions:
Salary increases	2.50%	2.50%
Pension increases	2.00%	2.00%
Discount rate	1.36%	1.46%
GXS GER | to age 20
Assumptions:
Employee fluctuation rate	0.00%	0.00%
GXS GER | to age 25
Assumptions:
Employee fluctuation rate	0.00%	0.00%
GXS GER | to age 30
Assumptions:
Employee fluctuation rate	0.00%	0.00%
GXS GER | to age 35
Assumptions:
Employee fluctuation rate	0.00%	0.00%
GXS GER | to age 40
Assumptions:
Employee fluctuation rate	0.00%	0.00%
GXS GER | to age 45
Assumptions:
Employee fluctuation rate	0.00%	0.00%
GXS GER | to age 50
Assumptions:
Employee fluctuation rate	0.00%	0.00%
GXS GER | from age 51
Assumptions:
Employee fluctuation rate	0.00%	0.00%
GXS GER | Minimum
Assumptions:
Normal retirement age	65 years	65 years
GXS GER | Maximum
Assumptions:
Normal retirement age	67 years	67 years
GXS PHP
Assumptions:
Salary increases	6.50%	6.50%
Discount rate	5.00%	3.50%
Normal retirement age	60 years	60 years
GXS PHP | to age 20
Assumptions:
Employee fluctuation rate	13.98%	12.19%
GXS PHP | to age 25
Assumptions:
Employee fluctuation rate	7.10%	16.58%
GXS PHP | to age 30
Assumptions:
Employee fluctuation rate	3.00%	13.97%
GXS PHP | to age 35
Assumptions:
Employee fluctuation rate	2.44%	10.77%
GXS PHP | to age 40
Assumptions:
Employee fluctuation rate	2.59%	7.39%
GXS PHP | to age 45
Assumptions:
Employee fluctuation rate	1.15%	3.28%
GXS PHP | to age 50
Assumptions:
Employee fluctuation rate	0.00%	0.00%
GXS PHP | from age 51
Assumptions:
Employee fluctuation rate	0.00%	0.00%

PENSION PLANS AND OTHER POST _8

PENSION PLANS AND OTHER POST RETIREMENT BENEFITS - Anticipated Pension Payments Under Pension Plans (Details) - Pension Plan $ in Thousands	Mar. 31, 2021USD ($)
CDT
Assumptions:
2021 (three months ended)	$ 203
2022	877
2023	975
2024	1,083
2025	1,130
2026 to 2030	6,486
Total	10,754
GXS GER
Assumptions:
2021 (three months ended)	246
2022	1,014
2023	1,014
2024	1,022
2025	1,051
2026 to 2030	5,154
Total	9,501
GXS PHP
Assumptions:
2021 (three months ended)	28
2022	254
2023	100
2024	140
2025	190
2026 to 2030	2,456
Total	$ 3,168

SHARE CAPITAL, OPTION PLANS A_3

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - Additional Information (Details) - USD ($)	Nov. 12, 2020	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020	Nov. 05, 2020
Cash Dividends
Dividends declared per common share (in dollars per share)		$ 0.2008	$ 0.1746	$ 0.5762	$ 0.5238
Payments of dividends		$ 54,500,000	$ 47,300,000	$ 156,288,000	$ 141,377,000
Share Capital
Preference shares issued (in shares)		0		0
Treasury Stock
Purchase of treasury stock (in shares)		489,934	0	1,455,088	300,000
Payments for repurchase of common stock		$ 23,000,000	$ 0	$ 64,847,000	$ 12,424,000
Issuance of treasury stock (in shares)		23,640	0	509,721	255,502
Stock Repurchase Plan
Stock repurchase plan, shares acquired (in shares)		489,934	0	1,455,088	300,000
Performance Share Units (issued under LTIP)
Stock Repurchase Plan
Performance options granted (in shares)		0	0		0
Share Repurchase Plan
Treasury Stock
Purchase of treasury stock (in shares)		0		0
Stock Repurchase Plan
Stock repurchase plan, period in force	12 months
Stock repurchase plan, authorized amount						$ 350,000,000
Stock repurchase plan, shares acquired (in shares)		0		0

SHARE CAPITAL, OPTION PLANS A_4

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - Schedule of Share-Based Payments (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	$ 12,357	$ 6,856	$ 38,619	$ 21,530
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	3,460	2,143	11,329	6,820
Performance Share Units (issued under LTIP) | Long Term Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	2,447	1,515	7,486	4,436
Restricted Share Units (RSUs) | Long Term Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	1,697	1,478	5,655	4,447
Restricted Share Units (RSUs) | Other plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	2,807	64	7,877	84
Deferred Share Units (directors)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	813	735	2,626	2,610
Employee Share Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	$ 1,133	$ 921	$ 3,646	$ 3,133

SHARE CAPITAL, OPTION PLANS A_5

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - Summary of Outstanding Stock Options, Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020	Jun. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (in shares)	8,972,754		8,972,754		7,429,537
Cash used to settle awards	$ 0	$ 0	$ 0	$ 0
Capitalized amount of share-based compensation costs	0	0	0	0
Cash proceeds from exercise of options granted	8,300,000	23,400,000	23,800,000	34,800,000
Tax benefit realized from exercise of options	$ 300,000	$ 400,000	$ 1,400,000	$ 1,300,000
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (in shares)	8,972,754		8,972,754
Common shares available for issuance (in shares)	11,254,895		11,254,895
Expiration period of options, minimum term			7 years
Expiration period of options, maximum term			10 years
Unrecognized compensation cost relating to unvested stock awards	$ 41,600,000		$ 41,600,000
Unvested stock awards compensation cost, weighted average recognition period			2 years 10 months 24 days
Stock Options | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			4 years
Stock Options | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			5 years

SHARE CAPITAL, OPTION PLANS A_6

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - Schedule of Outstanding Stock Options Activity (Details) $ / shares in Units, $ in Thousands	9 Months Ended	12 Months Ended
	Mar. 31, 2021USD ($)$ / sharesshares	Jun. 30, 2020USD ($)$ / sharesshares
Options
Outstanding at beginning of period (in shares) | shares	7,429,537
Granted (in shares) | shares	3,008,209
Exercised (in shares) | shares	(742,636)
Forfeited or expired (in shares) | shares	(722,356)
Outstanding at end of period (in shares) | shares	8,972,754	7,429,537
Exercisable ending balance (in shares) | shares	2,834,679
Weighted- Average Exercise Price
Outstanding at beginning of period (in dollars per share) | $ / shares	$ 36.18
Granted (in dollars per share) | $ / shares	45.63
Exercised (in dollars per share) | $ / shares	32.01
Forfeited or expired (in dollars per share) | $ / shares	43.88
Outstanding at end of period (in dollars per share) | $ / shares	39.07	$ 36.18
Exercisable at end of period (in dollars per share) | $ / shares	$ 32.97
Weighted- Average Remaining Contractual Term (years)
Outstanding	4 years 9 months 18 days	4 years 9 months 10 days
Exercisable	3 years
Aggregate Intrinsic Value ($’000's)
Outstanding | $	$ 77,638	$ 49,574
Exercisable | $	$ 41,789

SHARE CAPITAL, OPTION PLANS A_7

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - Schedule of Weighted-Average Fair Value Of Options And Weighted-Average Assumptions Used (Details) - $ / shares	3 Months Ended		9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average fair value of options granted (in dollars per share)	$ 8.86	$ 7.28	$ 8.41	$ 6.95
Weighted-average assumptions used:
Expected volatility	26.59%	21.80%	26.20%	21.92%
Risk–free interest rate	0.32%	1.38%	0.21%	1.49%
Expected dividend yield	1.54%	1.55%	1.54%	1.60%
Expected life (in years)	4 years 1 month 20 days	4 years 1 month 20 days	4 years 7 months 17 days	4 years 1 month 17 days
Forfeiture rate (based on historical rates)	7.00%	7.00%	7.00%	7.00%
Average exercised share price (in dollars per share)	$ 48.74	$ 44.99	$ 45.57	$ 42.57
Performance Share Units (issued under LTIP)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average fair value of options granted (in dollars per share)			$ 10.18
Derived service period (in years)	0 years	0 years	1 year 9 months 18 days	0 years
Weighted-average assumptions used:
Expected volatility			28.00%
Risk–free interest rate			0.42%
Expected dividend yield			1.70%
Average exercised share price (in dollars per share)			$ 45.81

SHARE CAPITAL, OPTION PLANS A_8

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - Long-Term Incentive Plans (Details) - USD ($)	3 Months Ended			9 Months Ended
	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of treasury stock (in shares)	23,640		0	509,721	255,502
Payments for repurchase of common stock	$ 23,000,000		$ 0	$ 64,847,000	$ 12,424,000
Long Term Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Term of plan				3 years
Compensation cost related to unvested awards not yet recognized	$ 34,500,000			$ 34,500,000
Unvested stock awards compensation cost, weighted average recognition period				1 year 10 months 24 days
Issuance of treasury stock (in shares)		292,401
Payments for repurchase of common stock		$ 11,200,000

SHARE CAPITAL, OPTION PLANS A_9

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - RSUs, DSUs and ESPP (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of treasury stock (in shares)	23,640	0	509,721	255,502
Issuance of treasury stock	$ 0		$ 0	$ 0
Restricted Share Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted (in shares)	0	15,000	484,956	15,000
Award vesting period			3 years
Unrecognized compensation cost relating to unvested stock awards	$ 12,500		$ 12,500
Unvested stock awards compensation cost, weighted average recognition period			2 years 4 months 24 days
Stock issued (in shares)	0	0	0	0
Deferred Share Units (DSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted (in shares)	5,015	4,479	81,585	78,887
Stock issued (in shares)		0		0
Issuance of treasury stock (in shares)	23,640		23,640
Issuance of treasury stock	$ 1,100		$ 1,100
Employee Share Purchase Plan (ESPP)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards purchase price discount			15.00%
Common shares eligible for issuance (in shares)	204,812	221,738	572,219	549,281
Cash received from employee stock purchase plan	$ 8,300	$ 6,600	$ 22,000	$ 18,300

GUARANTEES AND CONTINGENCIES -

GUARANTEES AND CONTINGENCIES - Schedule of Contractual Obligations with Minimum Payments (Details) $ in Thousands	Mar. 31, 2021USD ($)
Long term debt obligations
Total	$ 4,547,824
April 1, 2021 - June 30, 2021	32,040
July 1, 2021 - June 30, 2023	300,124
July 1, 2023 - June 30, 2025	1,225,472
July 1, 2025 and beyond	2,990,188
Purchase obligations for contracts not accounted for as lease obligations
Total	82,060
April 1, 2021 - June 30, 2021	20,738
July 1, 2021 - June 30, 2023	61,322
July 1, 2023 - June 30, 2025	0
July 1, 2025 and beyond	0
Total payments due
Total	4,629,884
April 1, 2021 - June 30, 2021	52,778
July 1, 2021 - June 30, 2023	361,446
July 1, 2023 - June 30, 2025	1,225,472
July 1, 2025 and beyond	$ 2,990,188

GUARANTEES AND CONTINGENCIES _2

GUARANTEES AND CONTINGENCIES - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Mar. 31, 2021	Mar. 31, 2021	Dec. 21, 2020
Internal Revenue Service (IRS)
Loss Contingencies [Line Items]
Estimated amount of loss resulting from an adverse tax position		$ 830
Income tax examination, tax		430
Income tax examination, penalties		130
Income tax examination, interest		270
IRS settlement charge	$ 1.3	300.6
Income taxes paid	290
Total outstanding settlement amount	10.6	10.6
Decrease in future withholding taxes			$ (90)
Internal Revenue Service (IRS) | Domestic
Loss Contingencies [Line Items]
Income taxes paid	288.6
Internal Revenue Service (IRS) | State and local jurisdiction
Loss Contingencies [Line Items]
Income taxes paid	$ 1.4
Canada Revenue Agency (CRA)
Loss Contingencies [Line Items]
Estimated amount of loss resulting from an adverse tax position		64
Income taxes paid		$ 28
Canada Revenue Agency (CRA) | Tax Year 2012
Loss Contingencies [Line Items]
Additional tax expense, as a percent		10.00%
Canada Revenue Agency (CRA) | Tax Year 2013
Loss Contingencies [Line Items]
Additional tax expense, as a percent		10.00%
Canada Revenue Agency (CRA) | Tax Year 2014
Loss Contingencies [Line Items]
Additional tax expense, as a percent		10.00%
Canada Revenue Agency (CRA) | Tax Year 2015
Loss Contingencies [Line Items]
Additional tax expense, as a percent		10.00%
Canada Revenue Agency (CRA) | Tax Year 2016
Loss Contingencies [Line Items]
Additional tax expense, as a percent		10.00%
Canada Revenue Agency (CRA) | Tax Year 2017
Loss Contingencies [Line Items]
Estimated amount of loss resulting from an adverse tax position		$ 470
Minimum | Canada Revenue Agency (CRA) | Tax Year 2012
Loss Contingencies [Line Items]
Income tax examination, estimate of increase to taxable income		90
Minimum | Canada Revenue Agency (CRA) | Tax Year 2013
Loss Contingencies [Line Items]
Income tax examination, estimate of increase to taxable income		90
Minimum | Canada Revenue Agency (CRA) | Tax Year 2014
Loss Contingencies [Line Items]
Income tax examination, estimate of increase to taxable income		90
Minimum | Canada Revenue Agency (CRA) | Tax Year 2015
Loss Contingencies [Line Items]
Income tax examination, estimate of increase to taxable income		90
Minimum | Canada Revenue Agency (CRA) | Tax Year 2016
Loss Contingencies [Line Items]
Income tax examination, estimate of increase to taxable income		90
Maximum | Canada Revenue Agency (CRA) | Tax Year 2012
Loss Contingencies [Line Items]
Income tax examination, estimate of increase to taxable income		100
Maximum | Canada Revenue Agency (CRA) | Tax Year 2013
Loss Contingencies [Line Items]
Income tax examination, estimate of increase to taxable income		100
Maximum | Canada Revenue Agency (CRA) | Tax Year 2014
Loss Contingencies [Line Items]
Income tax examination, estimate of increase to taxable income		100
Maximum | Canada Revenue Agency (CRA) | Tax Year 2015
Loss Contingencies [Line Items]
Income tax examination, estimate of increase to taxable income		100
Maximum | Canada Revenue Agency (CRA) | Tax Year 2016
Loss Contingencies [Line Items]
Income tax examination, estimate of increase to taxable income		$ 100

INCOME TAXES - Additional Infor

INCOME TAXES - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020	Dec. 21, 2020	Jun. 30, 2020
Income Tax Examination [Line Items]
Effective income tax rate	25.80%	25.50%	72.50%	27.50%
Increase in income tax expense	$ 22,900		$ 263,300
Income tax expense	31,818	$ 8,891	342,121	$ 78,800
Increase for higher net income including impact of foreign rates	23,500		47,400
Increase (decrease) due to US CARES Act	9,100		9,100
Differences in tax filings lower than estimates	3,400
Increase (decrease) due to Base Erosion and Anti-Abuse Tax (BEAT)	(8,900)		(6,400)
Decrease due to net changes in unrecognized tax benefits	(3,200)		(70,500)
Decrease due to permanent tax differences	(2,800)
Decrease of internal reorganizations	(1,000)		(12,400)
IRS settement			300,600
Decrease in accrual of repatriation from foreign subsidiaries			(4,100)
Possible decrease in tax expense in next 12 months	1,700		1,700
Provision for deferred income tax liabilities	25,100		25,100			$ 24,800
Internal Revenue Service (IRS)
Income Tax Examination [Line Items]
IRS settlement charge	1,300		300,600
Decrease in future withholding taxes					$ (90,000)
Income taxes paid	290,000
Total outstanding settlement amount	10,600		$ 10,600
Internal Revenue Service (IRS) | Domestic
Income Tax Examination [Line Items]
Income taxes paid	$ 288,600

INCOME TAXES - Interest and Pen

INCOME TAXES - Interest and Penalties Related to Liabilities for Income Tax Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020
Income Tax Disclosure [Abstract]
Interest expense (recoveries)	$ 1,315	$ 2,814	$ 45,422	$ 4,048
Penalties expense (recoveries)	506	100	889	175
Total	$ 1,821	$ 2,914	$ 46,311	$ 4,223

INCOME TAXES - Interest Accrued

INCOME TAXES - Interest Accrued and Penalties Accrued Related to Income Tax Expense (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Interest expense accrued	$ 4,937	$ 70,364
Penalties accrued	$ 2,592	$ 2,620

FAIR VALUE MEASUREMENT (Details

FAIR VALUE MEASUREMENT (Details) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands	Mar. 31, 2021	Jun. 30, 2020
Financial Assets:
Foreign currency forward contracts designated as cash flow hedges (note 17)	$ 2,151	$ 0
Total	2,151	0
Financial Liabilities:
Foreign currency forward contracts designated as cash flow hedges (note 17)	0	(185)
Total	0	(185)
(Level 1)
Financial Assets:
Foreign currency forward contracts designated as cash flow hedges (note 17)	0	0
Total	0	0
Financial Liabilities:
Foreign currency forward contracts designated as cash flow hedges (note 17)	0	0
Total	0	0
(Level 2)
Financial Assets:
Foreign currency forward contracts designated as cash flow hedges (note 17)	2,151	0
Total	2,151	0
Financial Liabilities:
Foreign currency forward contracts designated as cash flow hedges (note 17)	0	(185)
Total	0	(185)
(Level 3)
Financial Assets:
Foreign currency forward contracts designated as cash flow hedges (note 17)	0	0
Total	0	0
Financial Liabilities:
Foreign currency forward contracts designated as cash flow hedges (note 17)	0	0
Total	$ 0	$ 0

DERIVATIVE INSTRUMENTS AND HE_3

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Fair Value in the Condensed Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2021	Jun. 30, 2020
Foreign currency forward contracts
Derivatives, Fair Value [Line Items]
Notional amount of forward contracts held to sell U.S. dollars in exchange for Canadian dollars	$ 65,000	$ 62,300
Prepaid expenses and other current assets | Cash Flow Hedging | Designated As Hedging Instrument | Foreign currency forward contracts
Derivatives, Fair Value [Line Items]
Fair value asset	$ 2,151
Accounts payable and accrued liabilities | Cash Flow Hedging | Designated As Hedging Instrument | Foreign currency forward contracts
Derivatives, Fair Value [Line Items]
Fair value liability		$ (185)
Minimum
Derivatives, Fair Value [Line Items]
Contract maturity	1 month
Maximum
Derivatives, Fair Value [Line Items]
Contract maturity	12 months

DERIVATIVE INSTRUMENTS AND HE_4

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Effects on Income and Other Comprehensive Income (OCI) (Details) - Cash Flow Hedging - Foreign currency forward contracts - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020
Derivatives, Fair Value [Line Items]
Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion)	$ 927	$ (4,815)	$ 4,910	$ (4,459)
Operating expenses
Derivatives, Fair Value [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	$ 1,507	$ (458)	$ 2,574	$ (371)

SPECIAL CHARGES (RECOVERIES) -

SPECIAL CHARGES (RECOVERIES) - Schedule of Special Charges Related to Restructuring Plan (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020
Restructuring Cost and Reserve [Line Items]
Acquisition-related costs	$ 3,145	$ 2,453	$ 4,593	$ 12,898
Other charges (recoveries)	265	1,033	1,098	4,278
Total	2,846	9,406	(1,404)	24,579
COVID-19 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Special charges	153	0	(7,581)	0
Fiscal 2020 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Special charges	(727)	5,899	475	5,899
Restructuring Plans prior to Fiscal 2020 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Special charges	$ 10	$ 21	$ 11	$ 1,504

SPECIAL CHARGES (RECOVERIES) _2

SPECIAL CHARGES (RECOVERIES) - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020
Restructuring Cost and Reserve [Line Items]
Acquisition-related costs	$ 3,145	$ 2,453	$ 4,593	$ 12,898
Other charges (recoveries)	265	1,033	1,098	4,278
Miscellaneous other charges
Restructuring Cost and Reserve [Line Items]
Other charges (recoveries)	300	1,000	1,100
ROU assets accelerated amortization
Restructuring Cost and Reserve [Line Items]
Other charges (recoveries)				3,600
Accelerated amortization
Restructuring Cost and Reserve [Line Items]
Other charges (recoveries)				700
COVID-19 Restructuring Plan and Fiscal 2020 Restructuring Plan | Lease terminated early or assigned to third party
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)	(2,100)		(29,000)
COVID-19 Restructuring Plan and Fiscal 2020 Restructuring Plan | Reversal of lease liabilities
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)			(22,300)
COVID-19 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)	153	0	(7,581)	0
Expected cost	47,000		47,000
Special charges recorded to date	46,000		46,000
COVID-19 Restructuring Plan | Lease terminated early or assigned to third party
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)	(1,500)		(15,400)
COVID-19 Restructuring Plan | Reversal of lease liabilities
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)	(2,200)		(12,300)
COVID-19 Restructuring Plan | Abandoned facilities, workforce reductions and write-off of fixed assets
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)	1,600		7,800
Fiscal 2020 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)	(727)	$ 5,899	475	$ 5,899
Expected cost	30,000		30,000
Special charges recorded to date	27,200		27,200
Fiscal 2020 Restructuring Plan | Lease terminated early or assigned to third party
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)	(600)		(13,600)
Fiscal 2020 Restructuring Plan | Reversal of lease liabilities
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)	(1,000)		(10,000)
Fiscal 2020 Restructuring Plan | Abandoned facilities, workforce reductions and write-off of fixed assets
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)	$ (100)		$ 14,100

SPECIAL CHARGES (RECOVERIES) _3

SPECIAL CHARGES (RECOVERIES) - Schedule of Restructuring Reserve (Details) $ in Thousands	9 Months Ended
	Mar. 31, 2021USD ($)
COVID-19 Restructuring Plan
Restructuring Reserve [Roll Forward]
Balance, beginning	$ 17,448
Accruals and adjustments	304
Cash payments	(12,212)
Foreign exchange and other non-cash adjustments	726
Balance, end	6,266
COVID-19 Restructuring Plan | Workforce reduction
Restructuring Reserve [Roll Forward]
Balance, beginning	5,172
Accruals and adjustments	2,060
Cash payments	(6,867)
Foreign exchange and other non-cash adjustments	264
Balance, end	629
COVID-19 Restructuring Plan | Facility charges
Restructuring Reserve [Roll Forward]
Balance, beginning	12,276
Accruals and adjustments	(1,756)
Cash payments	(5,345)
Foreign exchange and other non-cash adjustments	462
Balance, end	5,637
Fiscal 2020 Restructuring Plan
Restructuring Reserve [Roll Forward]
Balance, beginning	8,018
Accruals and adjustments	8,220
Cash payments	(13,221)
Foreign exchange and other non-cash adjustments	(315)
Balance, end	2,702
Fiscal 2020 Restructuring Plan | Workforce reduction
Restructuring Reserve [Roll Forward]
Balance, beginning	1,576
Accruals and adjustments	9,104
Cash payments	(9,940)
Foreign exchange and other non-cash adjustments	4
Balance, end	744
Fiscal 2020 Restructuring Plan | Facility charges
Restructuring Reserve [Roll Forward]
Balance, beginning	6,442
Accruals and adjustments	(884)
Cash payments	(3,281)
Foreign exchange and other non-cash adjustments	(319)
Balance, end	$ 1,958

ACQUISITIONS - Acquisition of X

ACQUISITIONS - Acquisition of XMedius (Details) - USD ($) $ in Thousands	Mar. 09, 2020	Mar. 31, 2021	Jun. 30, 2020
Business Acquisition [Line Items]
Goodwill		$ 4,688,449	$ 4,672,356
XMedius
Business Acquisition [Line Items]
Purchase consideration	$ 73,500
Purchase consideration unpaid	700
Goodwill	48,823
Goodwill expected to be tax deductible	100
Deferred revenue	18,500
Deferred revenue reduction	2,700
Acquired receivables, fair value	6,300
Acquired receivables, gross contractual amount	6,600
Acquired receivables, estimated uncollectible	$ 300

ACQUISITIONS - Acquisition of_2

ACQUISITIONS - Acquisition of XMedius, Preliminary Purchase Price Allocation (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Jun. 30, 2020	Mar. 09, 2020
Business Acquisition [Line Items]
Goodwill	$ 4,688,449	$ 4,672,356
XMedius
Business Acquisition [Line Items]
Current assets			$ 8,479
Non-current tangible assets			3,792
Liabilities assumed			(34,602)
Total identifiable net assets			24,722
Goodwill			48,823
Net assets acquired			73,545
XMedius | Customer assets
Business Acquisition [Line Items]
Intangible assets			35,910
XMedius | Technology assets
Business Acquisition [Line Items]
Intangible assets			$ 11,143

ACQUISITIONS - Acquisition of C

ACQUISITIONS - Acquisition of Carbonite (Details) - USD ($) $ in Thousands	Dec. 24, 2019	Mar. 31, 2021	Jun. 30, 2020
Business Acquisition [Line Items]
Goodwill		$ 4,688,449	$ 4,672,356
Carbonite
Business Acquisition [Line Items]
Purchase consideration	$ 1,400,000
Goodwill	851,970
Goodwill expected to be tax deductible	6,900
Deferred revenue	171,000
Deferred revenue reduction	(74,700)
Acquired receivables, fair value	45,700
Acquired receivables, gross contractual amount	47,100
Acquired receivables, estimated uncollectible	$ 1,400

ACQUISITIONS - Acquisition of_3

ACQUISITIONS - Acquisition of Carbonite, Preliminary Purchase Price Allocation (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Jun. 30, 2020	Dec. 24, 2019
Business Acquisition [Line Items]
Goodwill	$ 4,688,449	$ 4,672,356
Carbonite
Business Acquisition [Line Items]
Current assets			$ 127,532
Cash acquired			62,900
Non-current tangible assets			105,742
Restricted cash acquired			2,400
Liabilities assumed			(554,320)
Total identifiable net assets			518,454
Goodwill			851,970
Net assets acquired			1,370,424
Carbonite | Customer assets
Business Acquisition [Line Items]
Intangible assets			549,500
Carbonite | Technology assets
Business Acquisition [Line Items]
Intangible assets			$ 290,000

ACQUISITIONS - Acquisition of D

ACQUISITIONS - Acquisition of Dynamic Solutions Group, Inc (The Fax Guys) (Details) - The Fax Guys - USD ($) $ in Millions	Dec. 02, 2019	Dec. 31, 2020
Business Acquisition [Line Items]
Purchase consideration	$ 5.1
Purchase consideration unpaid	$ 0.6
Cash consideration		$ 0.4

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	$ 4,003,247	$ 3,999,232	$ 4,006,709	$ 3,884,670
Ending balance	4,031,925	3,998,177	4,031,925	3,998,177
Accumulated  Other Comprehensive Income
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	66,476	24,690	17,825	24,124
Other comprehensive income (loss) before reclassifications, net of tax	(11,543)	(15,714)	37,408	(15,575)
Amounts reclassified into net income, net of tax	(859)	490	(1,159)	917
Total other comprehensive income (loss) net, for the period	(12,402)	(15,224)	36,249	(14,658)
Ending balance	54,074	9,466	54,074	9,466
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	81,678	40,016	32,968	40,752
Other comprehensive income (loss) before reclassifications, net of tax	(12,568)	(15,484)	36,142	(16,220)
Amounts reclassified into net income, net of tax	0	0	0	0
Total other comprehensive income (loss) net, for the period	(12,568)	(15,484)	36,142	(16,220)
Ending balance	69,110	24,532	69,110	24,532
Cash Flow Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	2,007	738	(136)	541
Other comprehensive income (loss) before reclassifications, net of tax	681	(3,539)	3,608	(3,278)
Amounts reclassified into net income, net of tax	(1,108)	337	(1,892)	273
Total other comprehensive income (loss) net, for the period	(427)	(3,202)	1,716	(3,005)
Ending balance	1,580	(2,464)	1,580	(2,464)
Defined Benefit Pension Plans
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(17,209)	(16,064)	(15,007)	(17,169)
Other comprehensive income (loss) before reclassifications, net of tax	344	3,309	(2,342)	3,923
Amounts reclassified into net income, net of tax	249	153	733	644
Total other comprehensive income (loss) net, for the period	593	3,462	(1,609)	4,567
Ending balance	$ (16,616)	$ (12,602)	$ (16,616)	$ (12,602)

SUPPLEMENTAL CASH FLOW DISCLO_3

SUPPLEMENTAL CASH FLOW DISCLOSURES (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Mar. 31, 2021	Mar. 31, 2021	Mar. 31, 2020
Income Tax Examination [Line Items]
Cash paid during the period for interest		$ 117,359	$ 111,786
Cash received during the period for interest		3,116	10,166
Cash paid during the period for income taxes (1)		$ 369,246	$ 75,881
Internal Revenue Service (IRS)
Income Tax Examination [Line Items]
Income taxes paid	$ 290,000

OTHER INCOME (EXPENSE), NET - S

OTHER INCOME (EXPENSE), NET - Schedule of Other Income (Expense) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020
Other Income and Expenses [Abstract]
Foreign exchange gains (losses)	$ (3,248)	$ (5,766)	$ (3,258)	$ (9,073)
OpenText share in net income of equity investees (note 9)	11,765	4,527	20,020	6,475
Loss on extinguishment of debt	0	(17,854)	0	(17,854)
Other miscellaneous income (expense)	(234)	170	(345)	716
Total other income (expense), net	$ 8,283	$ (18,923)	$ 16,417	$ (19,736)

OTHER INCOME (EXPENSE), NET - A

OTHER INCOME (EXPENSE), NET - Additional information (Details) - USD ($)	Mar. 05, 2020	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020
Debt Instrument [Line Items]
Loss on extinguishment of debt		$ 0	$ (17,854,000)	$ 0	$ (17,854,000)
Senior Notes 2023 | Senior Notes
Debt Instrument [Line Items]
Debt instrument, repurchased face amount	$ 800,000,000
Debt instrument stated interest rate	5.625%
Loss on extinguishment of debt	$ (17,900,000)
Extinguishment of debt, unamortized debt issuance costs	6,700,000
Gain (loss) on extinguishment of debt, before write off of debt issuance cost	$ (11,200,000)

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020
Basic earnings per share
Net income attributable to OpenText	$ 91,490	$ 25,965	$ 129,389	$ 207,833
Basic earnings (loss) per share attributable to OpenText (in dollars per share)	$ 0.34	$ 0.10	$ 0.47	$ 0.77
Diluted earnings per share
Net income attributable to OpenText	$ 91,490	$ 25,965	$ 129,389	$ 207,833
Diluted earnings (loss) per share attributable to OpenText (in dollars per share)	$ 0.33	$ 0.10	$ 0.47	$ 0.77
Weighted-average number of shares outstanding (in '000's)
Basic (in shares)	272,832	271,221	272,414	270,559
Effect of dilutive securities (in shares)	1,092	981	898	1,084
Diluted (in shares)	273,924	272,202	273,312	271,643
Excluded as anti-dilutive (in shares)	3,691	3,361	4,222	2,681

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Director, Stephen Sadler
Related Party Transaction [Line Items]
Consultancy fees for business acquisition-related activities	$ 32	$ 700

SUBSEQUENT EVENT (Details)

SUBSEQUENT EVENT (Details) - $ / shares	May 05, 2021	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Mar. 31, 2020
Subsequent Event [Line Items]
Dividends declared per common share (in dollars per share)		$ 0.2008	$ 0.1746	$ 0.5762	$ 0.5238
Subsequent Event
Subsequent Event [Line Items]
Dividends declared per common share (in dollars per share)	$ 0.2008

Uncategorized Items - otex-2021

Label	Element	Value	[1]
Restricted Cash	us-gaap_RestrictedCash	$ 3,054,000
Restricted Cash	us-gaap_RestrictedCash	$ 5,026,000
[1]	Restricted cash is classified under the Prepaid expenses and other current assets and Other assets line items on the Condensed Consolidated Balance Sheets.