Open Text (OTEX) 10-Q 4 May 22 2022 Q3 Quarterly report Financial data

COVER PAGE

COVER PAGE - shares	9 Months Ended
	Mar. 31, 2022	May 02, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
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		270,483,039
Entity Central Index Key	0001002638
Document Fiscal Year Focus	2022
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, 2022	Jun. 30, 2021
ASSETS
Cash and cash equivalents	$ 1,633,702	$ 1,607,306
Accounts receivable trade, net of allowance for credit losses of $16,439 as of March 31, 2022 and $22,151 as of June 30, 2021 (note 4)	429,877	438,547
Contract assets (note 3)	25,481	25,344
Income taxes recoverable (note 15)	20,781	32,312
Prepaid expenses and other current assets (note 9)	122,616	98,551
Total current assets	2,232,457	2,202,060
Property and equipment (note 5)	227,830	233,595
Operating lease right of use assets (note 6)	217,684	234,532
Long-term contract assets (note 3)	20,049	19,222
Goodwill (note 7)	5,265,189	4,691,673
Acquired intangible assets (note 8)	1,181,266	1,187,260
Deferred tax assets (note 15)	717,345	796,738
Other assets (note 9)	257,301	208,894
Long-term income taxes recoverable (note 15)	43,518	35,362
Total assets	10,162,639	9,609,336
Current liabilities:
Accounts payable and accrued liabilities (note 10)	404,545	423,592
Current portion of long-term debt (note 11)	10,000	10,000
Operating lease liabilities (note 6)	59,182	58,315
Deferred revenues (note 3)	936,750	852,629
Income taxes payable (note 15)	7,483	17,368
Total current liabilities	1,417,960	1,361,904
Long-term liabilities:
Accrued liabilities (note 10)	16,631	28,830
Pension liability (note 12)	76,364	74,511
Long-term debt (note 11)	4,210,582	3,578,859
Long-term operating lease liabilities (note 6)	203,101	224,453
Long-term deferred revenues (note 3)	90,736	98,989
Long-term income taxes payable (note 15)	35,206	34,113
Deferred tax liabilities (note 15)	56,208	108,224
Total long-term liabilities	4,688,828	4,147,979
Shareholders’ equity:
Common shares	2,010,146	1,947,764
Accumulated other comprehensive income (note 20)	17,266	66,238
Retained earnings	2,151,369	2,153,326
Treasury stock, at cost (2,776,420 and 1,567,664 shares at March 31, 2022 and June 30, 2021, respectively)	(124,033)	(69,386)
Total OpenText shareholders' equity	4,054,748	4,097,942
Non-controlling interests	1,103	1,511
Total shareholders’ equity	4,055,851	4,099,453
Total liabilities and shareholders’ equity	$ 10,162,639	$ 9,609,336

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2022	Jun. 30, 2021
Statement of Financial Position [Abstract]
Accounts receivable trade, allowance for credit losses	$ 16,439	$ 22,151
Common stock, shares issued (in shares)	270,231,166	271,540,755
Common stock, shares outstanding (in shares)	270,231,166	271,540,755
Treasury stock (in shares)	2,776,420	1,567,664

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Revenues (note 3):
Total revenues	$ 882,283	$ 832,931	$ 2,591,390	$ 2,492,588
Cost of revenues:
Amortization of acquired technology-based intangible assets (note 8)	46,564	53,453	152,333	165,581
Total cost of revenues	274,236	261,266	793,540	762,753
Gross profit	608,047	571,665	1,797,850	1,729,835
Operating expenses:
Research and development	117,730	110,071	321,517	304,212
Sales and marketing	180,955	158,687	491,133	438,984
General and administrative	88,137	71,548	231,127	190,502
Depreciation	22,370	21,961	65,535	64,244
Amortization of acquired customer-based intangible assets (note 8)	56,215	54,156	160,764	164,075
Special charges (recoveries) (note 18)	11,031	2,846	20,592	(1,404)
Total operating expenses	476,438	419,269	1,290,668	1,160,613
Income from operations	131,609	152,396	507,182	569,222
Nonoperating Income (Expense)	24,392	8,283	29,137	16,417
Interest and other related expense, net	(40,238)	(37,333)	(117,538)	(114,017)
Income before income taxes	115,763	123,346	418,781	471,622
Provision for income taxes (note 15)	41,041	31,818	123,757	342,121
Net income for the period	74,722	91,528	295,024	129,501
Net (income) loss attributable to non-controlling interests	(41)	(38)	(130)	(112)
Net income attributable to OpenText	$ 74,681	$ 91,490	$ 294,894	$ 129,389
Earnings per share—basic attributable to OpenText (note 23) (in dollars per share)	$ 0.28	$ 0.34	$ 1.09	$ 0.47
Earnings per share—diluted attributable to OpenText (note 23) (in dollars per share)	$ 0.28	$ 0.33	$ 1.08	$ 0.47
Weighted average number of Common Shares outstanding—basic (in '000's) (in shares)	270,693	272,832	271,623	272,414
Weighted average number of Common Shares outstanding—diluted (in '000's) (in shares)	271,211	273,924	272,439	273,312
Cloud services and subscriptions
Revenues (note 3):
Total revenues	$ 401,947	$ 355,845	$ 1,123,422	$ 1,047,285
Cost of revenues:
Costs of revenues	136,020	123,729	377,928	354,235
Customer support
Revenues (note 3):
Total revenues	332,514	335,915	1,002,626	999,806
Cost of revenues:
Costs of revenues	31,763	30,953	90,914	89,815
License
Revenues (note 3):
Total revenues	80,641	76,299	263,663	252,170
Cost of revenues:
Costs of revenues	3,196	2,810	10,906	9,601
Professional service and other
Revenues (note 3):
Total revenues	67,181	64,872	201,679	193,327
Cost of revenues:
Costs of revenues	$ 56,693	$ 50,321	$ 161,459	$ 143,521

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income for the period	$ 74,722	$ 91,528	$ 295,024	$ 129,501
Other comprehensive income (loss)—net of tax:
Net foreign currency translation adjustments	(13,073)	(12,568)	(44,512)	36,142
Unrealized gain (loss) on cash flow hedges:
Unrealized gain (loss) - net of tax expense (recovery) effect of $233 and $246 for the three months ended March 31, 2022 and 2021, respectively; ($158) and $1,302 for the nine months ended March 31, 2022 and 2021, respectively	648	681	(334)	3,608
(Gain) loss reclassified into net income - net of tax (expense) recovery effect of $79 and ($399) for the three months ended March 31, 2022 and 2021, respectively; ($24) and ($682) for the nine months ended March 31, 2022 and 2021, respectively	219	(1,108)	(86)	(1,892)
Actuarial gain (loss) relating to defined benefit pension plans:
Actuarial gain (loss) - net of tax expense (recovery) effect of ($579) and $944 for the three months ended March 31, 2022 and 2021, respectively; ($811) and ($413) for the nine months ended March 31, 2022 and 2021, respectively	(2,033)	344	(4,517)	(2,342)
Amortization of actuarial (gain) loss into net income - net of tax (expense) recovery effect of $66 and $95 for the three months ended March 31, 2022 and 2021, respectively; $134 and $275 for the nine months ended March 31, 2022 and 2021, respectively	156	249	477	733
Total other comprehensive income (loss) net, for the period	(14,083)	(12,402)	(48,972)	36,249
Total comprehensive income	60,639	79,126	246,052	165,750
Comprehensive (income) loss attributable to non-controlling interests	(41)	(38)	(130)	(112)
Total comprehensive income attributable to OpenText	$ 60,598	$ 79,088	$ 245,922	$ 165,638

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Statement of Comprehensive Income [Abstract]
Unrealized gain (loss) on cash flow hedges, tax expense (recovery)	$ 233	$ 246	$ (158)	$ 1,302
(Gain) loss reclassified into net income, tax (expense) recovery	79	(399)	(24)	(682)
Actuarial gain (loss), tax expense (recovery)	(579)	944	(811)	(413)
Amortization of actuarial (gain) loss into net income, tax (expense) recovery	$ 66	$ 95	$ 134	$ 275

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Adjustment	Common Shares and Additional Paid in Capital	Treasury Stock	Retained Earnings	Retained EarningsAdjustment	Accumulated  Other Comprehensive Income	Non-Controlling Interests
Beginning balance (in shares) at Jun. 30, 2020			271,863,000	622,000
Beginning balance at Jun. 30, 2020	$ 4,006,709	$ (2,450)	$ 1,851,777	$ (23,608)	$ 2,159,396	$ (2,450)	$ 17,825	$ 1,319
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Under employee stock option plans (in shares)			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
Increase (Decrease) in Stockholders' Equity [Roll Forward]
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
Beginning balance (in shares) at Jun. 30, 2021			271,541,000	1,568,000
Beginning balance at Jun. 30, 2021	$ 4,099,453		$ 1,947,764	$ (69,386)	2,153,326		66,238	1,511
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Under employee stock option plans (in shares)	904,645		905,000
Under employee stock option plans	$ 31,128		$ 31,128
Under employee stock purchase plans (in shares)			595,000
Under employee stock purchase plans	24,913		$ 24,913
Share-based compensation	$ 45,091		45,091
Purchase of treasury stock (in shares)	(1,700,000)			(1,700,000)
Purchase of treasury stock	$ (75,660)			$ (75,660)
Issuance of treasury stock (in shares)	491,244			492,000
Issuance of treasury stock	$ 0		$ (21,013)	$ 21,013
Repurchase of Common Shares (in shares)			(2,810,000)
Repurchase of Common Shares	(136,117)		$ (17,879)		(118,238)
Dividends declared	(178,613)				(178,613)
Other comprehensive income (loss) - net	(48,972)						(48,972)
Distribution to non-controlling interest	(396)		$ 142					(538)
Net income for the period	295,024				294,894			130
Ending balance (in shares) at Mar. 31, 2022			270,231,000	2,776,000
Ending balance at Mar. 31, 2022	4,055,851		$ 2,010,146	$ (124,033)	2,151,369		17,266	1,103
Beginning balance (in shares) at Dec. 31, 2021			271,006,000	1,476,000
Beginning balance at Dec. 31, 2021	4,129,825		$ 1,990,913	$ (67,966)	2,174,467		31,349	1,062
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Under employee stock option plans (in shares)			53,000
Under employee stock option plans	1,863		$ 1,863
Under employee stock purchase plans (in shares)			172,000
Under employee stock purchase plans	7,003		$ 7,003
Share-based compensation	$ 16,748		$ 16,748
Purchase of treasury stock (in shares)	(1,300,000)			(1,300,000)
Purchase of treasury stock	$ (56,067)			$ (56,067)
Issuance of treasury stock (in shares)	0
Repurchase of Common Shares (in shares)			(1,000,000)
Repurchase of Common Shares	$ (45,083)		$ (6,381)		(38,702)
Dividends declared	(59,077)				(59,077)
Other comprehensive income (loss) - net	(14,083)						(14,083)
Net income for the period	74,722				74,681			41
Ending balance (in shares) at Mar. 31, 2022			270,231,000	2,776,000
Ending balance at Mar. 31, 2022	$ 4,055,851		$ 2,010,146	$ (124,033)	$ 2,151,369		$ 17,266	$ 1,103

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Statement of Stockholders' Equity [Abstract]
Dividends declared per common share (in dollars per share)	$ 0.2209	$ 0.2008	$ 0.6627	$ 0.5762

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands		9 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Cash flows from operating activities:
Net income for the period		$ 295,024	$ 129,501
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of intangible assets		378,632	393,900
Share-based compensation expense		45,091	38,619
Pension expense		4,883	4,670
Amortization of debt issuance costs		3,936	3,395
Loss on extinguishment of debt		27,413	0
Loss on sale and write down of property and equipment		96	1,979
Deferred taxes		43,332	80,844
Share in net (income) loss of equity investees		(59,103)	(20,020)
Changes in operating assets and liabilities:
Accounts receivable		68,428	87,072
Contract assets		(27,208)	(29,035)
Prepaid expenses and other current assets		(15,722)	(2,528)
Income taxes		(11,235)	(117,594)
Accounts payable and accrued liabilities		(65,738)	(27,327)
Deferred revenue		25,642	62,600
Other assets		16,527	765
Operating lease assets and liabilities, net		(128)	(26,910)
Net cash provided by operating activities		729,870	579,931
Cash flows from investing activities:
Additions of property and equipment		(54,937)	(36,267)
Purchase of Zix Corporation, net of cash acquired		(856,175)	0
Purchase of Bricata Inc.		(17,927)	0
Purchase of XMedius		0	444
Purchase of Dynamic Solutions Group Inc.		0	(371)
Other investing activities		(3,922)	(2,018)
Net cash used in investing activities		(932,961)	(38,212)
Cash flows from financing activities:
Proceeds from issuance of Common Shares from exercise of stock options and ESPP		56,476	45,780
Proceeds from long-term debt and Revolver		1,500,000	0
Repayment of long-term debt and Revolver		(857,500)	(607,500)
Debt extinguishment costs (note 22)		(24,969)	0
Debt issuance costs		(17,159)	0
Repurchase of Common Shares		(136,117)	0
Purchase of treasury stock		(75,660)	(64,847)
Distribution to non-controlling interest		(396)	0
Payments of dividends to shareholders		(178,613)	(156,288)
Net cash provided by (used in) financing activities		266,062	(782,855)
Foreign exchange gain (loss) on cash held in foreign currencies		(36,920)	22,553
Increase (decrease) in cash, cash equivalents and restricted cash during the period		26,051	(218,583)
Cash, cash equivalents and restricted cash at beginning of the period		1,609,800	1,697,263
Cash, cash equivalents and restricted cash at end of the period		1,635,851	1,478,680
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents		1,633,702	1,475,626
Restricted cash	[1]	2,149	3,054
Total cash, cash equivalents and restricted cash		$ 1,635,851	$ 1,478,680
[1]	Restricted cash is classified under the Prepaid expenses and other current assets and Other assets line items on the Condensed Consolidated Balance Sheets (note 9).

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Mar. 31, 2022
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), which as of March 31, 2022, was 70% owned by OpenText. All intercompany balances and transactions have been eliminated. Previously, our ownership in EC1 Pte. Ltd. (GXS Singapore) was 81%. During the first quarter of Fiscal 2022 (as defined below), we made a final cash distribution of $0.4 million to the non-controlling interest holder in GXS Singapore as part of the process to liquidate the subsidiary. During the three months ended March 31, 2022, the liquidation of GXS Singapore was completed. Throughout this Quarterly Report on Form 10-Q: (i) the term “Fiscal 2022” means our fiscal year beginning on July 1, 2021 and ending June 30, 2022; (ii) the term “Fiscal 2021” means our fiscal year beginning on July 1, 2020 and ended June 30, 2021; (iii) the term “Fiscal 2020” means our fiscal year beginning on July 1, 2019 and ended June 30, 2020; (iv) the term “Fiscal 2019” means our fiscal year beginning on July 1, 2018 and ended June 30, 2019; (v) the term “Fiscal 2018” means our fiscal year beginning on July 1, 2017 and ended June 30, 2018; (vi) the term “Fiscal 2017” means our fiscal year beginning on July 1, 2016 and ended June 30, 2017; (vii) the term “Fiscal 2016” means our fiscal year beginning on July 1, 2015 and ended June 30, 2016; (viii) the term “Fiscal 2015” means our fiscal year beginning on July 1, 2014 and ended June 30, 2015; (ix) the term “Fiscal 2014” means our fiscal year beginning on July 1, 2013 and ended June 30, 2014; (x) the term “Fiscal 2013” means our fiscal year beginning on July 1, 2012 and ended June 30, 2013; and (xi) the term “Fiscal 2012” means our fiscal year beginning on July 1, 2011 and ended June 30, 2012. 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 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, 2022, 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 Part I, Item 1A, “Risk Factors” in our Annual Report on Form 10-K for Fiscal 2021.

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	9 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	RECENT ACCOUNTING PRONOUNCEMENTS Accounting Pronouncements Adopted in Fiscal 2022 During Fiscal 2022, we have adopted the following Accounting Standards Update (ASU) that did not have a material impact to our reported financial position, results of operations or cash flows: • ASU 2019-12 “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes” Business Combinations In October 2021, the Financial Accounting Standards Board (FASB) issued ASU 2021-08 “Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers.” This standard requires contract assets and contract liabilities acquired in a business combination to be recognized and measured as if the acquirer had originated the original contract in accordance with Accounting Standards Codification (ASC) Topic 606. Previously, contract assets and contract liabilities were measured at fair value. The standard is effective for us in our fiscal year ending June 30, 2024, with early adoption permitted. We elected to early adopt the ASU during our second quarter of Fiscal 2022. Early adoption required retrospective adoption to business combinations completed on or after July 1, 2021 and prospective adoption to business combinations occurring on or after the date of adoption. There was no retrospective impact of early adoption as we did not have acquisitions during our first quarter of Fiscal 2022. Acquisitions disclosed in note 19 “Acquisitions” are in accordance with ASU 2021-08. The adoption will not have a material impact to our reported financial position, results of operations or cash flows.

REVENUES

REVENUES	9 Months Ended
	Mar. 31, 2022
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 direct end customer, by type of performance obligation and timing of revenue recognition for the periods indicated: Three Months Ended March 31, Nine Months Ended March 31, 2022 2021 2022 2021 Total Revenues by Geography: Americas (1) $ 560,969 $ 507,892 $ 1,615,967 $ 1,533,400 EMEA (2) 252,888 258,010 764,707 754,966 Asia Pacific (3) 68,426 67,029 210,716 204,222 Total revenues $ 882,283 $ 832,931 $ 2,591,390 $ 2,492,588 Total Revenues by Type of Performance Obligation: Recurring revenues (4) Cloud services and subscriptions revenue $ 401,947 $ 355,845 $ 1,123,422 $ 1,047,285 Customer support revenue 332,514 335,915 1,002,626 999,806 Total recurring revenues $ 734,461 $ 691,760 $ 2,126,048 $ 2,047,091 License revenue (perpetual, term and subscriptions) 80,641 76,299 263,663 252,170 Professional service and other revenue 67,181 64,872 201,679 193,327 Total revenues $ 882,283 $ 832,931 $ 2,591,390 $ 2,492,588 Total Revenues by Timing of Revenue Recognition: Point in time $ 80,641 $ 76,299 $ 263,663 $ 252,170 Over time (including professional service and other revenue) 801,642 756,632 2,327,727 2,240,418 Total revenues $ 882,283 $ 832,931 $ 2,591,390 $ 2,492,588 (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, India 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, 2022 As of June 30, 2021 Short-term contract assets $ 25,481 $ 25,344 Long-term contract assets $ 20,049 $ 19,222 Short-term deferred revenues $ 936,750 $ 852,629 Long-term deferred revenues $ 90,736 $ 98,989 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, 2022, we reclassified $26.6 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, 2022 and 2021, 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 cloud services and 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, 2022 that was included in the deferred revenue balances at June 30, 2021 was $775 million (nine months ended March 31, 2021—$737 million). 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 not have 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, 2021: Capitalized costs to obtain a contract as of June 30, 2021 $ 72,900 New capitalized costs incurred 27,324 Amortization of capitalized costs (18,903) Impact of foreign exchange rate changes (2,312) Capitalized costs to obtain a contract as of March 31, 2022 $ 79,009 During the three and nine months ended March 31, 2022 and 2021, respectively, there was no significant impairment loss recognized related to capitalized costs to obtain a contract. Refer to note 9 “Prepaid Expenses and Other Assets” for additional information on incremental costs of obtaining a contract. Transaction Price Allocated to the Remaining Performance Obligations

ALLOWANCE FOR CREDIT LOSSES

ALLOWANCE FOR CREDIT LOSSES	9 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
ALLOWANCE FOR CREDIT LOSSES	ALLOWANCE FOR CREDIT LOSSES The following illustrates the activity in our allowance for credit losses on accounts receivable, since June 30, 2021: Balance as of June 30, 2021 $ 22,151 Credit loss expense (recovery) (2,295) Write-off / adjustments (3,417) Balance as of March 31, 2022 $ 16,439 Included in accounts receivable are unbilled receivables in the amount of $52.4 million as of March 31, 2022 (June 30, 2021—$51.4 million). As of March 31, 2022, we have an allowance for credit losses of $0.6 million for contract assets (June 30, 2021—$0.4 million). For additional information on contract assets please see note 3 “Revenues”.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	9 Months Ended
	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	PROPERTY AND EQUIPMENT As of March 31, 2022 Cost Accumulated Net Furniture and fixtures $ 42,009 $ (38,021) $ 3,988 Office equipment 2,755 (1,359) 1,396 Computer hardware 324,998 (221,842) 103,156 Computer software 137,423 (114,266) 23,157 Capitalized software development costs 142,631 (97,926) 44,705 Leasehold improvements 105,733 (86,684) 19,049 Land and buildings 48,757 (16,378) 32,379 Total $ 804,306 $ (576,476) $ 227,830 As of June 30, 2021 Cost Accumulated Net Furniture and fixtures $ 38,541 $ (32,500) $ 6,041 Office equipment 2,533 (1,244) 1,289 Computer hardware 313,946 (212,448) 101,498 Computer software 129,690 (104,654) 25,036 Capitalized software development costs 127,697 (86,466) 41,231 Leasehold improvements 106,656 (81,135) 25,521 Land and buildings 48,537 (15,558) 32,979 Total $ 767,600 $ (534,005) $ 233,595

LEASES

LEASES	9 Months Ended
	Mar. 31, 2022
Leases [Abstract]
LEASES	LEASESWe 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 ranges 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 our Condensed Consolidated Balance Sheets and we do not have any material finance leases. 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, 2022 2021 2022 2021 Operating lease cost $ 16,158 $ 16,065 $ 47,121 $ 47,327 Short-term lease cost 223 222 532 724 Variable lease cost 891 852 2,056 2,152 Sublease income (3,087) (1,569) (6,945) (4,762) Total lease cost $ 14,185 $ 15,570 $ 42,764 $ 45,441 The weighted average remaining lease term and discount rate for the periods indicated below were as follows: As of March 31, 2022 As of June 30, 2021 Weighted-average remaining lease term 6.17 years 6.47 years Weighted-average discount rate 2.83 % 2.82 % Supplemental Cash Flow Information The following table presents supplemental information relating to cash flows arising from lease transactions. Cash payments made for variable lease costs and short-term leases are not included in the measurement of operating lease liabilities, and, as such, are excluded from the amounts below: Nine Months Ended March 31, 2022 2021 Cash paid for amounts included in the measurement of operating lease liabilities $ 53,200 $ 56,645 Right of use assets obtained in exchange for new operating lease liabilities (1) (2) $ 24,880 $ 59,762 (1) The nine months ended March 31, 2022 excludes the impact of $8.1 million of right of use (ROU) assets obtained through the acquisition of Zix Corporation. See note 19 “Acquisitions” for further details including expected finalization of preliminary purchase price allocation. (2) The nine months ended March 31, 2021 excludes the release of $22.3 million of lease liabilities relating to office space that was abandoned during the fourth quarter of Fiscal 2020 and has since been early terminated or assigned to a third party. These recoveries were 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, 2022: Fiscal years ending June 30, 2022 (three months ended) $ 17,431 2023 62,747 2024 51,449 2025 40,519 2026 27,712 Thereafter 85,329 Total lease payments $ 285,187 Less: Imputed interest (22,904) Total $ 262,283 Reported as: Current operating lease liabilities $ 59,182 Non-current operating lease liabilities 203,101 Total $ 262,283

GOODWILL

GOODWILL	9 Months Ended
	Mar. 31, 2022
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, 2021: Balance as of June 30, 2021 $ 4,691,673 Acquisition of Zix Corporation (note 19) 585,443 Acquisition of Bricata Inc. (note 19) 10,257 Impact of foreign exchange rate changes (22,184) Balance as of March 31, 2022 $ 5,265,189

ACQUIRED INTANGIBLE ASSETS

ACQUIRED INTANGIBLE ASSETS	9 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
ACQUIRED INTANGIBLE ASSETS	ACQUIRED INTANGIBLE ASSETS As of March 31, 2022 Cost Accumulated Amortization Net Technology assets $ 1,001,167 $ (694,088) $ 307,079 Customer assets 1,599,646 (725,459) 874,187 Total $ 2,600,813 $ (1,419,547) $ 1,181,266 As of June 30, 2021 Cost Accumulated Amortization Net Technology assets $ 1,003,730 $ (635,965) $ 367,765 Customer assets 1,386,533 (567,038) 819,495 Total $ 2,390,263 $ (1,203,003) $ 1,187,260 Where applicable, the above balances as of March 31, 2022 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, 2022. The impact of this resulted in a reduction of $91.0 million to technology assets cost and accumulated amortization. The weighted average amortization periods for acquired technology and customer intangible assets are approximately six years and eight 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, 2022 (three months ended) $ 102,692 2023 348,540 2024 268,185 2025 156,819 2026 113,316 Thereafter 191,714 Total $ 1,181,266

PREPAID EXPENSES AND OTHER ASSE

PREPAID EXPENSES AND OTHER ASSETS	9 Months Ended
	Mar. 31, 2022
Other Assets [Abstract]
PREPAID EXPENSES AND OTHER ASSETS	PREPAID EXPENSES AND OTHER ASSETS Prepaid expenses and other current assets: As of March 31, 2022 As of June 30, 2021 Deposits and restricted cash $ 6,101 $ 3,027 Capitalized costs to obtain a contract 25,181 22,601 Short-term prepaid expenses and other current assets 91,334 72,923 Total $ 122,616 $ 98,551 Other assets: As of March 31, 2022 As of June 30, 2021 Deposits and restricted cash $ 7,264 $ 11,577 Capitalized costs to obtain a contract 53,828 50,299 Investments 176,767 121,777 Long-term prepaid expenses and other long-term assets 19,442 25,241 Total $ 257,301 $ 208,894 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, which approximates fair value and subject to volatility based on market trends and business conditions, 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, 2022, our share of income (loss) from these investments was $27.7 million and $59.1 million, respectively (three and nine months ended March 31, 2021—$11.8 million and $20.0 million, respectively). Prepaid expenses and other assets, both short-term and long-term, include advance payments on 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, 2022
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, 2022 As of June 30, 2021 Accounts payable—trade $ 87,242 $ 57,500 Accrued salaries, incentives and commissions 156,678 214,884 Accrued liabilities 103,578 82,204 Accrued sales and other tax liabilities 22,267 31,583 Accrued interest on Senior Notes 29,912 31,161 Amounts payable in respect of restructuring and other special charges 1,716 4,396 Asset retirement obligations 3,152 1,864 Total $ 404,545 $ 423,592 Long-term accrued liabilities: As of March 31, 2022 As of June 30, 2021 Amounts payable in respect of restructuring and other special charges $ 3,150 $ 4,359 Other accrued liabilities 699 10,681 Asset retirement obligations 12,782 13,790 Total $ 16,631 $ 28,830 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, 2022, the present value of this obligation was $15.9 million (June 30, 2021—$15.7 million), with an undiscounted value of $16.6 million (June 30, 2021—$16.4 million).

LONG-TERM DEBT

LONG-TERM DEBT	9 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT As of March 31, 2022 As of June 30, 2021 Total debt Senior Notes 2031 $ 650,000 $ — Senior Notes 2030 900,000 900,000 Senior Notes 2029 850,000 — Senior Notes 2028 900,000 900,000 Senior Notes 2026 — 850,000 Term Loan B 960,000 967,500 Total principal payments due 4,260,000 3,617,500 Premium on Senior Notes 2026 (1) — 4,070 Debt issuance costs (1) (39,418) (32,711) Total amount outstanding 4,220,582 3,588,859 Less: Current portion of long-term debt Term Loan B 10,000 10,000 Total current portion of long-term debt 10,000 10,000 Non-current portion of long-term debt $ 4,210,582 $ 3,578,859 (1) During the nine months ended March 31, 2022, we recorded $17.2 million of debt issuance costs relating to the issuance of Senior Notes 2031 and Senior Notes 2029 (both defined below). Additionally, upon redemption of Senior Notes 2026 (defined below), $6.2 million of unamortized debt issuance costs and ($3.8) million of the unamortized premium were included in the loss on debt extinguishment. See note 22 “Other Income (Expense), Net”. Senior Unsecured Fixed Rate Notes Senior Notes 2031 On November 24, 2021, OpenText Holdings, Inc. a wholly-owned indirect subsidiary of the Company, issued $650 million in aggregate principal amount of 4.125% Senior Notes due 2031 guaranteed by the Company (Senior Notes 2031) 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 non-U.S. persons in offshore transactions pursuant to Regulation S under the Securities Act. Senior Notes 2031 bear interest at a rate of 4.125% per annum, payable semi-annually in arrears on June 1 and December 1, commencing on June 1, 2022. Senior Notes 2031 will mature on December 1, 2031, unless earlier redeemed, in accordance with their terms, or repurchased. For the three and nine months ended March 31, 2022, we recorded interest expense of $6.7 million and $9.4 million, respectively, relating to Senior Notes 2031. 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 and to certain non-U.S. 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, 2022, we recorded interest expense of $9.3 million and $27.9 million, respectively, relating to Senior Notes 2030 (three and nine months ended March 31, 2021—$9.3 million and $27.8 million, respectively). Senior Notes 2029 On November 24, 2021, we issued $850 million in aggregate principal amount of 3.875% Senior Notes due 2029 (Senior Notes 2029) in an unregistered offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act and to certain non-U.S. persons in offshore transactions pursuant to Regulation S under the Securities Act. Senior Notes 2029 bear interest at a rate of 3.875% per annum, payable semi-annually in arrears on June 1 and December 1, commencing on June 1, 2022. Senior Notes 2029 will mature on December 1, 2029, unless earlier redeemed, in accordance with their terms, or repurchased. For the three and nine months ended March 31, 2022, we recorded interest expense of $8.2 million and $11.5 million, respectively, relating to Senior Notes 2029. 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 non-U.S. 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, 2022, we recorded interest expense of $8.7 million and $26.1 million, respectively, relating to Senior Notes 2028 (three and nine months ended March 31, 2021—$8.7 million and $26.0 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 would have matured 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, was $850 million as of December 9, 2021. On December 9, 2021, we redeemed Senior Notes 2026 in full at a price equal to 102.9375% of the principal amount plus accrued and unpaid interest to, but excluding, the redemption date. A portion of the net proceeds from the offerings of Senior Notes 2029 and Senior Notes 2031 was used to redeem Senior Notes 2026. Upon redemption, Senior Notes 2026 were cancelled and any obligation thereunder was extinguished. The resulting loss of $27.4 million, consisting of $25.0 million relating to the early termination call premium, $6.2 million relating to unamortized debt issuance costs and ($3.8) million relating to unamortized premium, has been recorded as a component of Other income (expense), net in our Condensed Consolidated Statements of Income. See note 22 “Other Income (Expense), Net”. For the three and nine months ended March 31, 2022, we recorded interest expense of nil and $21.9 million, respectively, relating to Senior Notes 2026 (three and nine months ended March 31, 2021—$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, 2022, the outstanding balance on the Term Loan B bears an interest rate of 1.96%. 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 Part I, Item 1A, “Risk Factors” in our Annual Report on Form 10-K for Fiscal 2021. 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, 2022, our consolidated net leverage ratio was 1.9:1. For the three and nine months ended March 31, 2022, we recorded interest expense of $4.5 million and $13.6 million, respectively, relating to Term Loan B (three and nine months ended March 31, 2021—$4.6 million and $14.1 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 Part I, Item 1A, “Risk Factors” in our Annual Report on Form 10-K for Fiscal 2021. As of March 31, 2022, we had no outstanding balance under the Revolver (June 30, 2021—nil). For the three and nine months ended March 31, 2022 we did not record any interest expense relating to the Revolver (three and nine months ended March 31, 2021—nil and $3.6 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, Senior Notes 2029, Senior Notes 2030 and Senior Notes 2031 (collectively referred to as the Senior Notes) and are being amortized through interest expense over the respective terms of the Senior Notes and Term Loan B and the Revolver using the effective interest method. The premium on Senior Notes 2026 represented the excess of the proceeds received over the face value of Senior Notes 2026. This premium was amortized as a reduction to interest expense over the term of Senior Notes 2026 using the effective interest method. The unamortized debt issuance costs and unamortized premium on Senior Notes 2026 were included in the loss on debt extinguishment recognized during our second quarter of Fiscal 2022. See note 22 “Other Income (Expense), Net”.

PENSION PLANS AND OTHER POST RE

PENSION PLANS AND OTHER POST RETIREMENT BENEFITS	9 Months Ended
	Mar. 31, 2022
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, 2022 and June 30, 2021: As of March 31, 2022 Total benefit Current portion of benefit obligation (1) Non-current portion of CDT defined benefit plan $ 27,158 $ 867 $ 26,291 GXS GER defined benefit plan 19,545 968 18,577 GXS PHP defined benefit plan 12,071 86 11,985 Other plans 20,126 615 19,511 Total $ 78,900 $ 2,536 $ 76,364 As of June 30, 2021 Total benefit Current portion of benefit obligation (1) Non-current portion of CDT defined benefit plan $ 32,865 $ 880 $ 31,985 GXS GER defined benefit plan 23,861 1,058 22,803 GXS PHP defined benefit plan 10,973 42 10,931 Other plans 9,594 802 8,792 Total $ 77,293 $ 2,782 $ 74,511 (1) The current portion of the benefit obligation has been included within “Accrued salaries, incentives 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. 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. 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 $0.03 million as of March 31, 2022, no additional contributions have been made since the inception of the 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, 2022 As of June 30, 2021 CDT GXS GER GXS PHP Total CDT GXS GER GXS PHP Total Benefit obligation—beginning of fiscal year $ 32,865 $ 23,861 $ 10,973 $ 67,699 $ 32,851 $ 24,105 $ 10,270 $ 67,226 Service cost 273 126 1,420 1,819 473 206 1,822 2,501 Interest cost 326 232 457 1,015 505 364 469 1,338 Benefits paid (625) (743) (183) (1,551) (800) (1,027) (19) (1,846) Actuarial (gain) loss (3,110) (2,072) 268 (4,914) (1,976) (1,118) (1,853) (4,947) Foreign exchange (gain) loss (2,571) (1,859) (864) (5,294) 1,812 1,331 284 3,427 Benefit obligation—end of period 27,158 19,545 12,071 58,774 32,865 23,861 10,973 67,699 Less: Current portion (867) (968) (86) (1,921) (880) (1,058) (42) (1,980) Non-current portion of benefit obligation $ 26,291 $ 18,577 $ 11,985 $ 56,853 $ 31,985 $ 22,803 $ 10,931 $ 65,719 The following are details of net pension expense relating to the following pension plans: Three Months Ended March 31, 2022 2021 Pension expense: CDT GXS GER GXS PHP Total CDT GXS GER GXS PHP Total Service cost $ 88 $ 41 $ 520 $ 649 $ 117 $ 51 $ 404 $ 572 Interest cost 105 75 164 344 125 90 104 319 Amortization of actuarial (gains) losses 117 6 (22) 101 175 28 — 203 Net pension expense $ 310 $ 122 $ 662 $ 1,094 $ 417 $ 169 $ 508 $ 1,094 Nine Months Ended March 31, 2022 2021 Pension expense: CDT GXS GER GXS PHP Total CDT GXS GER GXS PHP Total Service cost $ 273 $ 126 $ 1,420 $ 1,819 $ 354 $ 155 $ 1,245 $ 1,754 Interest cost 326 232 457 1,015 378 272 299 949 Amortization of actuarial (gains) losses 363 18 (68) 313 529 85 — 614 Net pension expense $ 962 $ 376 $ 1,809 $ 3,147 $ 1,261 $ 512 $ 1,544 $ 3,317 Service-related net periodic pension costs are recorded within operating expense and all other non-service related net periodic pension costs are classified under “Interest and other related expense, net” on our Condensed Consolidated Statements of Income. In determining the fair value of the pension plan benefit obligations as of March 31, 2022 and June 30, 2021, respectively, we used the following weighted-average key assumptions: As of March 31, 2022 As of June 30, 2021 CDT GXS GER GXS PHP CDT GXS GER GXS PHP Assumptions: Salary increases 1.50% 1.50% 6.00% 1.50% 1.50% 5.00% Pension increases 1.50% 1.50% N/A 1.50% 1.50% N/A Discount rate 2.10% 2.10% 5.50% 1.39% 1.39% 5.00% Normal retirement age 65-67 65-67 60 65-67 65-67 60 Employee fluctuation rate: to age 20 —% —% 13.98% —% —% 13.98% to age 25 —% —% 7.10% —% —% 7.10% to age 30 1.00% —% 3.00% 1.00% —% 3.00% to age 35 0.50% —% 2.44% 0.50% —% 2.44% to age 40 —% —% 2.59% —% —% 2.59% to age 45 0.50% —% 1.15% 0.50% —% 1.15% 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 2022 (three months ended) $ 203 $ 244 $ — 2023 886 965 116 2024 959 966 130 2025 1,002 989 175 2026 1,036 977 287 2027 to 2031 5,997 4,743 2,894 Total $ 10,083 $ 8,884 $ 3,602 Other Plans Other plans include defined benefit pension plans that are offered or statutorily required 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, 2022
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, 2022, pursuant to the Company’s dividend policy, we declared total non-cumulative dividends of $0.2209 and $0.6627 per Common Share, respectively, in the aggregate amount of $59.1 million and $178.6 million, respectively, which we paid during the same period (three and nine months ended March 31, 2021—$0.2008 and $0.5762 per Common Share, respectively, in the aggregate amount of $54.5 million and $156.3 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, 2022, we repurchased 1,300,000 and 1,700,000 Common Shares, respectively, on the open market at a cost of $56.1 million and $75.7 million, respectively, for potential settlement of awards under “Long-Term Incentive Plans” and “Restricted Share Units” or other plans as described below (three and nine months ended March 31, 2021—489,934 and 1,455,088 Common Shares, respectively, at a cost of $23.0 million and $64.8 million, respectively). During the three and nine months ended March 31, 2022, we reissued nil and 491,244 Common Shares, respectively, from treasury stock in connection with the settlement of awards and other plans (three and nine months ended March 31, 2021—23,640 and 509,721 Common Shares, respectively). Share Repurchase Plan On November 5, 2020, the Board authorized a share repurchase plan (Repurchase Plan), pursuant to which we were authorized to 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. On November 4, 2021, the Board authorized a share repurchase plan (Renewed Repurchase Plan), pursuant to which we may purchase in open market transactions, from time to time over the 12 month period commencing November 12, 2021, up to an aggregate of $350 million of our Common Shares. During the three and nine months ended March 31, 2022, we repurchased and cancelled 1,000,000 and 2,809,559 Common Shares, respectively, for $45.1 million and $136.1 million, respectively (three and nine months ended March 31, 2021—nil, respectively). Share repurchases during the three and nine months ended March 31, 2022 were completed under our share repurchase plans authorized on both November 5, 2020 and November 4, 2021. 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, 2022 2021 2022 2021 Stock options $ 3,442 $ 3,460 $ 12,457 $ 11,329 Performance Share Units (issued under LTIP) 2,980 2,447 10,151 7,486 Restricted Share Units (issued under LTIP) 1,694 1,697 5,790 5,655 Restricted Share Units (other) 6,482 2,807 9,229 7,877 Deferred Share Units (directors) 915 813 3,069 2,626 Employee Stock Purchase Plan 1,235 1,133 4,395 3,646 Total share-based compensation expense $ 16,748 $ 12,357 $ 45,091 $ 38,619 Summary of Outstanding Stock Options As of March 31, 2022, an aggregate of 9,009,585 options to purchase Common Shares were outstanding and an additional 9,450,921 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, 2022 is as follows: Options Weighted- Weighted- Aggregate Intrinsic Value Outstanding at June 30, 2021 8,113,574 $ 40.16 4.88 $ 86,297 Granted 2,427,510 48.69 Exercised (904,645) 34.41 Forfeited or expired (626,854) 44.60 Outstanding at March 31, 2022 9,009,585 $ 42.73 4.88 $ 21,827 Exercisable at March 31, 2022 2,580,100 $ 36.87 3.27 $ 15,360 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, 2022 2021 2022 2021 Weighted–average fair value of options granted $ 8.31 $ 8.86 $ 9.08 $ 8.41 Weighted-average assumptions used: Expected volatility 26.06 % 26.59 % 26.37 % 26.20 % Risk–free interest rate 1.54 % 0.32 % 1.06 % 0.21 % Expected dividend yield 1.94 % 1.54 % 1.75 % 1.54 % Expected life (in years) 4.14 4.14 4.15 4.63 Forfeiture rate (based on historical rates) 7 % 7 % 7 % 7 % Average exercise share price $ 44.45 $ 48.74 $ 48.69 $ 45.57 As of March 31, 2022, the total compensation cost related to the unvested stock option awards not yet recognized was $44.2 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. The aggregate intrinsic value of options exercised during the three and nine months ended March 31, 2022 was $0.4 million and $16.7 million, respectively (three and nine months ended March 31, 2021—$2.1 million and $9.8 million, respectively). For the three and nine months ended March 31, 2022, cash in the amount of $1.9 million and $31.1 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, 2021—$8.3 million and $23.8 million, respectively). The tax benefit realized by us during the three and nine months ended March 31, 2022 from the exercise of options eligible for a tax deduction was $0.1 million and $1.6 million, respectively (three and nine months ended March 31, 2021—$0.3 million and $1.4 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 LTIP 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 LTIP have been measured using the Black-Scholes option-pricing model, consistent with Topic 718. As of March 31, 2022, the total expected compensation cost related to the unvested LTIP awards not yet recognized was $41.3 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 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 settled the LTIP 2021 awards by issuing 349,792 Common Shares from treasury stock during our second quarter in Fiscal 2022, at a cost of $15.1 million. 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. LTIP 2024 Grants made in Fiscal 2022 under the LTIP (collectively referred to as LTIP 2024), consisting of PSUs and RSUs, took effect in Fiscal 2022 starting on August 9, 2021. 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 2024. We expect to settle the LTIP 2024 awards in stock. Restricted Share Units In addition to the grants made in connection with the LTIP plans discussed above, from time to time, we may grant RSUs to certain employees in accordance with employment and other non-LTIP related agreements. During the three months ended March 31, 2022, we granted RSUs through a special one-time grant for development, engagement and long-term retention to certain of our non-executive employees. During the three and nine months ended March 31, 2022, we granted 2,459,929 RSUs, respectively, to employees (three and nine months ended March 31, 2021— nil and 484,956 RSUs, respectively). RSUs vest over a specified contract date, typically three years from the respective date of grants. As of March 31, 2022, the total expected compensation cost related to the unvested RSU awards not yet recognized was $106.9 million, which is expected to be recognized over a weighted average period of 2.1 years. We expect to settle RSU awards in stock. During the three and nine months ended March 31, 2022, we issued nil and 141,452 Common Shares, respectively, from treasury stock in connection with the settlement of vested RSUs, at a cost of nil and $5.9 million, respectively (three and nine months ended March 31, 2021—nil). Deferred Share Units (DSUs) During the three and nine months ended March 31, 2022, we granted 5,058 and 78,705 DSUs, respectively, to certain non-employee directors (three and nine months ended March 31, 2021—5,015 and 81,585 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, 2022, respectively, we did not issue any of our Common Shares from treasury stock in connection with the settlement of vested DSUs (three and nine months ended March 31, 2021— 23,640 Common Shares, respectively, at a cost of $1.1 million, respectively). Employee Stock Purchase Plan (ESPP) Our ESPP offers employees the opportunity to purchase our Common Shares at a purchase price discount of 15%. During the three and nine months ended March 31, 2022, 246,473 and 644,986 Common Shares, respectively, were eligible for issuance to employees enrolled in the ESPP (three and nine months ended March 31, 2021—204,812 and 572,219 Common Shares, respectively).

GUARANTEES AND CONTINGENCIES

GUARANTEES AND CONTINGENCIES	9 Months Ended
	Mar. 31, 2022
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, 2022 - July 1, 2022 - July 1, 2024 - July 1, 2026 Long-term debt obligations (1) $ 5,358,547 $ 38,290 $ 321,232 $ 1,218,025 $ 3,781,000 Purchase obligations for contracts not accounted for as lease obligations (2) 70,931 28,555 42,376 — — $ 5,429,478 $ 66,845 $ 363,608 $ 1,218,025 $ 3,781,000 (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 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, 2022, 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 $75 million. As of March 31, 2022, we have provisionally paid approximately $34 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, 2022. 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 has also been 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. We have made extensive submissions in support of our 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. On January 27, 2022, the CRA issued a notice of reassessment in respect of Fiscal 2017 on the basis of its position set forth in the Proposal Letter. On April 19, 2022, we filed our notice of objection regarding the reassessment in respect of Fiscal 2017. If 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. The CRA is currently in preliminary stages of auditing Fiscal 2018 and Fiscal 2019. 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. On December 21, 2021, the First Circuit issued a decision reversing and remanding the Securities Actions to the district court for further proceedings. The defendants remain confident in their position, believe the Securities Actions are without merit, and will continue to vigorously defend the matter. Carbonite vs Realtime Data On February 27, 2017, before 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).” Therein, it alleged 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 same asserted patents against other companies. After a stay pending appeal in one of those suits, 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, on September 24, 2019, the U.S. Patent & Trademark Office Patent Trial and Appeal Board invalidated certain claims of that patent, including certain claims that had been asserted against Carbonite. The parties then jointly stipulated to dismiss that patent from this action. On August 23, 2021, in one of the suits against other companies, the District of Delaware (No. 1:17-cv-800), held all of the patents asserted against Carbonite to be invalid. Realtime Data has appealed that decision to the U.S. Court of Appeals for the Federal Circuit. We continue to vigorously defend the matter, and the U.S. District Court for the District of Massachusetts has issued a claim construction order. We anticipate motion practice based upon the result of that order. 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 Part I, Item 1A, “Risk Factors” in our Annual Report on Form 10-K for Fiscal 2021.

INCOME TAXES

INCOME TAXES	9 Months Ended
	Mar. 31, 2022
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 35.5% for the three months ended March 31, 2022, compared to a provision of 25.8% for the three months ended March 31, 2021. Tax expense increased from $31.8 million during the three months ended March 31, 2021 to $41.0 million during the three months ended March 31, 2022. This was primarily due to (i) an increase of $10.6 million related to the US Base Erosion and Anti-Abuse Tax (US BEAT) and (ii) an increase of $4.4 million relating to tax impacts of legal entity rationalization. These were partially offset by (i) a net decrease of $2.9 million related to Foreign Accrual Property Income and (ii) a net increase of $2.1 million benefit related to the 50% exclusion on gains in certain investment funds in which we are a limited partner. The remainder of the difference was due to normal course movements and non-material items. The effective tax rate decreased to a provision of 29.6% for the nine months ended March 31, 2022, compared to a provision of 72.5% for the nine months ended March 31, 2021. Tax expense decreased from $342.1 million during the nine months ended March 31, 2021 to $123.8 million during the nine months ended March 31, 2022. This was primarily due to (i) a decrease of $300.6 million related to Internal Revenue Service (IRS) settlements in Fiscal 2021, (ii) a decrease of $11.3 million related to differences in tax filings, (iii) a net decrease of $5.9 million for related Subpart F and (iv) an increase of $5.2 million benefit related to the 50% exclusion on gains in certain investment funds in which we are a limited partner. These were partially offset by (i) an increase of $90.6 million for changes in unrecognized tax benefits, (ii) a net increase of $17.0 million related to internal reorganizations and (iii) a decrease of $4.4 million in share-based compensation benefits. 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, 2022 and 2021, respectively, we recognized the following amounts as income tax-related interest expense and penalties: Three Months Ended March 31, Nine Months Ended March 31, 2022 2021 2022 2021 Interest expense $ 336 $ 1,315 $ 803 $ 45,422 Penalties expense 245 506 418 889 Total $ 581 $ 1,821 $ 1,221 $ 46,311 The following amounts have been accrued on account of income tax-related interest expense and penalties: As of March 31, 2022 As of June 30, 2021 Interest expense accrued (1) $ 5,751 $ 5,166 Penalties accrued (1) $ 2,553 $ 2,605 (1) 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, 2022, could decrease tax expense in the next 12 months by $3.1 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 Canada, 2016 for the United States and 2012 for Germany. As of December 31, 2021, the Fiscal 2015 and Fiscal 2016 tax years for Luxembourg became statute barred. We are subject to income tax audits in all major taxing jurisdictions in which we operate and currently have income tax audits open in Canada, the United States, Germany, India and France. 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 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 income tax audits, please refer to note 14 “Guarantees and Contingencies”. As of March 31, 2022, we have recognized a provision of $29.2 million (June 30, 2021—$27.5 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, 2022
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, 2022 and June 30, 2021: March 31, 2022 June 30, 2021 Fair Market Measurements using: Fair Market Measurements using: March 31, 2022 Quoted prices Significant Significant June 30, 2021 Quoted prices Significant Significant (Level 1) (Level 2) (Level 3) (Level 1) (Level 2) (Level 3) Financial Assets (Liabilities): Foreign currency forward contracts designated as cash flow hedges (note 17) $ 559 $ — $ 559 $ — $ 1,131 $ — $ 1,131 $ — Total $ 559 $ — $ 559 $ — $ 1,131 $ — $ 1,131 $ — 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 the fair value (a Level 2 measurement) due to their short maturities. The fair value of our Senior Notes is determined based on observable market prices and categorized as a Level 2 measurement. As of March 31, 2022, the fair value was $3.1 billion (June 30, 2021—$2.7 billion). The carrying value of our other long-term debt facilities approximates the fair value since the interest rate is at market. Please see note 11 “Long-Term Debt” for further details. 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, 2022 and 2021, respectively, 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, 2022
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 (Loss) - net”. The fair value of the contracts, as of March 31, 2022, 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, 2022, the notional amount of forward contracts we held to sell U.S. dollars in exchange for Canadian dollars was $67.0 million (June 30, 2021—$66.9 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, 2022 As of June 30, 2021 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) $ 559 $ 1,131 Effects of Derivative Instruments on Income and Other Comprehensive Income (OCI) (Loss) Three and Nine Months Ended March 31, 2022 Derivatives in Cash Flow Hedging Relationship Amount of Gain or (Loss) Recognized in OCI (Loss) on Derivatives (Effective Portion) Location of Gain or (Loss) Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Loss) Three Months Ended March 31, 2022 Nine Months Ended March 31, 2022 Three Months Ended March 31, 2022 Nine Months Ended March 31, 2022 Foreign currency forward contracts $ 881 $ (455) Operating expenses $ (298) $ 117 Three and Nine Months Ended March 31, 2021 Derivatives in Cash Flow Hedging Relationship Amount of Gain or (Loss) Recognized in OCI (Loss) on Derivatives (Effective Portion) Location of Gain or (Loss) Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (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

SPECIAL CHARGES (RECOVERIES)

SPECIAL CHARGES (RECOVERIES)	9 Months Ended
	Mar. 31, 2022
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, 2022 2021 2022 2021 Fiscal 2022 Restructuring Plan $ 464 $ — $ 464 $ — COVID-19 Restructuring Plan (495) 153 (1,310) (7,581) Fiscal 2020 Restructuring Plan 3 (727) (145) 475 Restructuring Plans prior to Fiscal 2020 Restructuring Plan 15 10 (64) 11 Acquisition-related costs 1,302 3,145 5,967 4,593 Other charges (recoveries) 9,742 265 15,680 1,098 Total $ 11,031 $ 2,846 $ 20,592 $ (1,404) Fiscal 2022 Restructuring Plan During the third quarter of Fiscal 2022, as part of our return to office planning, we made a strategic decision to implement restructuring activities to streamline our operations and further reduce our real estate footprint around the world (Fiscal 2022 Restructuring Plan). The Fiscal 2022 Restructuring Plan charges will relate to facility costs and workforce reductions. Facility costs will include 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. During the three and nine months ended March 31, 2022, we recorded charges of $0.5 million, respectively, related to workforce reductions. As of March 31, 2022, we expect total costs to be incurred in connection with the Fiscal 2022 Restructuring Plan to be approximately $30.0 million to $35.0 million, of which $0.5 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, 2022 is shown below. Fiscal 2022 Restructuring Plan Workforce reduction Total Balance payable as of June 30, 2021 $ — $ — Accruals and adjustments 464 464 Cash payments (111) (111) Foreign exchange and other non-cash adjustments 2 2 Balance payable as of March 31, 2022 $ 355 $ 355 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, 2022, we recorded net recoveries of $0.5 million and $1.3 million, respectively, related to abandoned facilities and workforce reductions. During the three and nine months ended March 31, 2021, we recorded net recoveries of $1.5 million and $15.4 million, respectively, related to office space that was abandoned during the fourth quarter of Fiscal 2020 and has since been early terminated or assigned to a third party. Included in these recoveries are $2.2 million and $12.3 million, respectively, related to the reversal of lease liabilities (see note 6 “Leases”), with the remainder related 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. Since the inception of the COVID-19 Restructuring Plan, $43.4 million has been recorded within “Special charges (recoveries)” to date. We do not expect to incur any further significant charges relating to the COVID-19 Restructuring Plan. A reconciliation of the beginning and ending restructuring liability, which is included within “Accounts payable and accrued liabilities” and “Long-term accrued liabilities” in our Condensed Consolidated Balance Sheets, for the nine months ended March 31, 2022 is shown below. COVID-19 Restructuring Plan Workforce reduction Facility charges Total Balance payable as of June 30, 2021 $ 255 $ 4,010 $ 4,265 Accruals and adjustments (101) (1,462) (1,563) Cash payments (144) 318 174 Foreign exchange and other non-cash adjustments (10) (302) (312) Balance payable as of March 31, 2022 $ — $ 2,564 $ 2,564 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, 2022, we recorded immaterial charges and net recoveries of $0.1 million respectively, related to abandoned facilities and workforce reductions. During the three and nine months ended March 31, 2021, we recorded net recoveries of $0.6 million and $13.6 million, respectively, related to office space that was abandoned during the fourth quarter of Fiscal 2020 and has since been early terminated or assigned to a third party. Included in these recoveries are $1.0 million and $10.0 million, respectively, related to the reversal of lease liabilities (see note 6 “Leases”), with the remainder related 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. Since the inception of the Fiscal 2020 Restructuring Plan, $30.2 million has been recorded within “Special charges (recoveries)” to date. We do not expect to incur any further significant charges relating to the Fiscal 2020 Restructuring Plan. A reconciliation of the beginning and ending restructuring liability, which is included within “Accounts payable and accrued liabilities” and “Long-term accrued liabilities” in our Condensed Consolidated Balance Sheets, for the nine months ended March 31, 2022 is shown below. Fiscal 2020 Restructuring Plan Workforce reduction Facility charges Total Balance payable as of June 30, 2021 $ 2,217 $ 1,866 $ 4,083 Accruals and adjustments (226) 44 (182) Cash payments (1,864) (264) (2,128) Foreign exchange and other non-cash adjustments (127) 7 (120) Balance payable as of March 31, 2022 $ — $ 1,653 $ 1,653 Acquisition-related costs Acquisition-related costs, recorded within “Special charges (recoveries)” include direct costs of potential and completed acquisitions. Acquisition-related costs for the three and nine months ended March 31, 2022 were $1.3 million and $6.0 million, respectively (three and nine months ended March 31, 2021—$3.1 million and $4.6 million, respectively). Other charges (recoveries) For the three and nine months ended March 31, 2022, “Other charges” includes $9.6 million and $11.6 million, respectively, related to pre-acquisition equity incentives, which upon acquisition were replaced by equivalent value cash settlements (see note 19 “Acquisitions”) and $0.1 million and $4.1 million, respectively, related to other miscellaneous charges.

ACQUISITIONS

ACQUISITIONS	9 Months Ended
	Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]
ACQUISITIONS	ACQUISITIONS Fiscal 2022 Acquisitions Acquisition of Zix Corporation On December 23, 2021, we acquired all of the equity interest in Zix Corporation (Zix), a leader in software as a service (SaaS) based email encryption, threat protection and compliance cloud solutions for small and medium-sized businesses (SMB). Total consideration for Zix was $894.5 million paid in cash, inclusive of cash acquired and $18.6 million relating to the cash settlement of pre-acquisition vested share-based compensation that was previously accrued but since paid as of March 31, 2022. In accordance with ASC Topic 805 “Business Combinations” (Topic 805), this acquisition was accounted for as a business combination. We believe the acquisition increases our position in the data protection, threat management, email security and compliance solutions spaces. The results of operations of Zix have been consolidated with those of OpenText beginning December 23, 2021. Preliminary Purchase Price Allocation The recognized amounts of identifiable assets acquired and liabilities assumed, based on their preliminary fair values as of December 23, 2021, are set forth below: Current assets (inclusive of cash acquired of $38.3 million) $ 76,170 Non-current tangible assets 13,736 Intangible customer assets 213,600 Intangible technology assets 92,050 Liabilities assumed (86,539) Total identifiable net assets 309,017 Goodwill 585,443 Net assets acquired $ 894,460 The goodwill of $585.4 million is primarily attributable to the synergies expected to arise after the acquisition. There is $103.7 million of goodwill that is deductible for tax purposes. The fair value of current assets acquired includes accounts receivable with a fair value of $30.1 million. The gross amount receivable was $32.7 million, of which $2.6 million is expected to be uncollectible. Acquisition-related costs for Zix included in “Special charges (recoveries)” in the Condensed Consolidated Financial Statements for the three and nine months ended March 31, 2022 were $0.6 million and $2.7 million, respectively. Pre-acquisition equity incentives of $26.6 million were replaced upon acquisition by equivalent value cash settlements to be settled in accordance with the original vesting dates, primarily over the next two years. Of these equity incentives, $9.6 million and $11.6 million for the three and nine months ended March 31, 2022, respectively, were included in “Special charges (recoveries).” The finalization of the above purchase price allocation is pending the finalization of the valuation of fair value for the assets acquired and liabilities assumed, including intangible assets and taxation-related balances as well as for potential unrecorded liabilities. We expect to finalize this determination on or before our quarter ending December 31, 2022. Since the date of acquisition, the acquisition had no significant impact on revenues and net earnings for the three and nine months ended March 31, 2022. Pro forma results of operations for this acquisition have not been presented because they are not material to our consolidated results of operations. Acquisition of Bricata Inc. On November 24, 2021, we acquired all of the equity interest in Bricata Inc. (Bricata) for $17.8 million. In accordance with Topic 805, this acquisition was accounted for as a business combination. We believe the acquisition strengthens our OpenText Security and Protection Cloud with Network Detection and Response technologies. The results of operations of Bricata have been consolidated with those of OpenText beginning November 24, 2021. Since the date of acquisition, the acquisition had no significant impact on revenues and net earnings for the three and nine months ended March 31, 2022. Pro forma results of operations for this acquisition have not been presented because they are not material to our consolidated results of operations.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME	9 Months Ended
	Mar. 31, 2022
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME	ACCUMULATED OTHER COMPREHENSIVE INCOME Three Months Ended March 31, 2022 Foreign Currency Translation Adjustments Cash Flow Hedges Defined Benefit Pension Plans Accumulated Other Comprehensive Income Balance as of December 31, 2021 $ 43,969 $ (457) $ (12,163) $ 31,349 Other comprehensive income (loss) before reclassifications, net of tax (13,073) 648 (2,033) (14,458) Amounts reclassified into net income, net of tax — 219 156 375 Total other comprehensive income (loss) net, for the period (13,073) 867 (1,877) (14,083) Balance as of March 31, 2022 $ 30,896 $ 410 $ (14,040) $ 17,266 Nine Months Ended March 31, 2022 Foreign Currency Translation Adjustments Cash Flow Hedges Defined Benefit Pension Plans Accumulated Other Comprehensive Income Balance as of June 30, 2021 $ 75,408 $ 830 $ (10,000) $ 66,238 Other comprehensive income (loss) before reclassifications, net of tax (44,512) (334) (4,517) (49,363) Amounts reclassified into net income, net of tax — (86) 477 391 Total other comprehensive income (loss) net, for the period (44,512) (420) (4,040) (48,972) Balance as of March 31, 2022 $ 30,896 $ 410 $ (14,040) $ 17,266 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

SUPPLEMENTAL CASH FLOW DISCLOSU

SUPPLEMENTAL CASH FLOW DISCLOSURES	9 Months Ended
	Mar. 31, 2022
Supplemental Cash Flow Information [Abstract]
SUPPLEMENTAL CASH FLOW DISCLOSURES	SUPPLEMENTAL CASH FLOW DISCLOSURES Nine Months Ended March 31, 2022 2021 Cash paid during the period for interest $ 115,097 $ 117,359 Cash received during the period for interest $ 2,382 $ 3,116 Cash paid during the period for income taxes (1) $ 88,259 $ 369,246 (1) Included for the nine months ended March 31, 2021 is cash paid of $290.0 million relating to settlements with the IRS.

OTHER INCOME (EXPENSE), NET

OTHER INCOME (EXPENSE), NET	9 Months Ended
	Mar. 31, 2022
Other Income and Expenses [Abstract]
OTHER INCOME (EXPENSE), NET	OTHER INCOME (EXPENSE), NET Three Months Ended March 31, Nine Months Ended March 31, 2022 2021 2022 2021 Foreign exchange gains (losses) $ (3,443) $ (3,248) $ (2,900) $ (3,258) OpenText share in net income of equity investees (1) 27,746 11,765 59,103 20,020 Loss on debt extinguishment (2) — — (27,413) — Other miscellaneous income (expense) 89 (234) 347 (345) Total other income (expense), net $ 24,392 $ 8,283 $ 29,137 $ 16,417 (1) Represents our share in net income of equity investees, which approximates fair value and subject to volatility based on market trends and business conditions, based on our interest in certain investment funds in which we are a limited partner. Our interests in each of these investees range from 4% to below 20% and these investments are accounted for using the equity method (see note 9 “Prepaid Expenses and Other Assets” for more details). (2) On December 9, 2021, we redeemed Senior Notes 2026 in full, which resulted in a loss on debt extinguishment of $27.4 million. Of this, $25.0 million related to the early termination call premium, $6.2 million related to unamortized debt issuance costs and ($3.8) million related to unamortized premium (see note 11 “Long-Term Debt” for more details).

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Mar. 31, 2022
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, 2022 2021 2022 2021 Basic earnings per share Net income attributable to OpenText $ 74,681 $ 91,490 $ 294,894 $ 129,389 Basic earnings per share attributable to OpenText $ 0.28 $ 0.34 $ 1.09 $ 0.47 Diluted earnings per share Net income attributable to OpenText $ 74,681 $ 91,490 $ 294,894 $ 129,389 Diluted earnings per share attributable to OpenText $ 0.28 $ 0.33 $ 1.08 $ 0.47 Weighted-average number of shares outstanding (in '000's) Basic 270,693 272,832 271,623 272,414 Effect of dilutive securities 518 1,092 816 898 Diluted 271,211 273,924 272,439 273,312 Excluded as anti-dilutive (1) 5,271 3,691 4,264 4,222 (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, 2022
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, 2022, Mr. Stephen Sadler, a member of the Board of Directors, earned $0.4 million (nine months ended March 31, 2021 — $32 thousand) 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, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENT	SUBSEQUENT EVENT Cash Dividends As part of our quarterly, non-cumulative cash dividend program, we declared, on May 3, 2022, a dividend of $0.2209 per Common Share. The record date for this dividend is June 3, 2022 and the payment date is June 24, 2022. Future declarations of dividends and the establishment of future record and payment dates are subject to the final determination and discretion of our Board.

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	9 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [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.
Accounting Pronouncements Adopted in Fiscal 2022	Accounting Pronouncements Adopted in Fiscal 2022 During Fiscal 2022, we have adopted the following Accounting Standards Update (ASU) that did not have a material impact to our reported financial position, results of operations or cash flows: • ASU 2019-12 “Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes” Business Combinations In October 2021, the Financial Accounting Standards Board (FASB) issued ASU 2021-08 “Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers.” This standard requires contract assets and contract liabilities acquired in a business combination to be recognized and measured as if the acquirer had originated the original contract in accordance with Accounting Standards Codification (ASC) Topic 606. Previously, contract assets and contract liabilities were measured at fair value. The standard is effective for us in our fiscal year ending June 30, 2024, with early adoption permitted. We elected to early adopt the ASU during our second quarter of Fiscal 2022. Early adoption required retrospective adoption to business combinations completed on or after July 1, 2021 and prospective adoption to business combinations occurring on or after the date of adoption. There was no retrospective impact of early adoption as we did not have acquisitions during our first quarter of Fiscal 2022. Acquisitions disclosed in note 19 “Acquisitions” are in accordance with ASU 2021-08. The adoption will 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 ranges 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 our Condensed Consolidated Balance Sheets and we do not have any material finance leases.

REVENUES (Tables)

REVENUES (Tables)	9 Months Ended
	Mar. 31, 2022
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 direct end customer, by type of performance obligation and timing of revenue recognition for the periods indicated: Three Months Ended March 31, Nine Months Ended March 31, 2022 2021 2022 2021 Total Revenues by Geography: Americas (1) $ 560,969 $ 507,892 $ 1,615,967 $ 1,533,400 EMEA (2) 252,888 258,010 764,707 754,966 Asia Pacific (3) 68,426 67,029 210,716 204,222 Total revenues $ 882,283 $ 832,931 $ 2,591,390 $ 2,492,588 Total Revenues by Type of Performance Obligation: Recurring revenues (4) Cloud services and subscriptions revenue $ 401,947 $ 355,845 $ 1,123,422 $ 1,047,285 Customer support revenue 332,514 335,915 1,002,626 999,806 Total recurring revenues $ 734,461 $ 691,760 $ 2,126,048 $ 2,047,091 License revenue (perpetual, term and subscriptions) 80,641 76,299 263,663 252,170 Professional service and other revenue 67,181 64,872 201,679 193,327 Total revenues $ 882,283 $ 832,931 $ 2,591,390 $ 2,492,588 Total Revenues by Timing of Revenue Recognition: Point in time $ 80,641 $ 76,299 $ 263,663 $ 252,170 Over time (including professional service and other revenue) 801,642 756,632 2,327,727 2,240,418 Total revenues $ 882,283 $ 832,931 $ 2,591,390 $ 2,492,588 (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, India 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, 2022 As of June 30, 2021 Short-term contract assets $ 25,481 $ 25,344 Long-term contract assets $ 20,049 $ 19,222 Short-term deferred revenues $ 936,750 $ 852,629 Long-term deferred revenues $ 90,736 $ 98,989
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, 2021: Capitalized costs to obtain a contract as of June 30, 2021 $ 72,900 New capitalized costs incurred 27,324 Amortization of capitalized costs (18,903) Impact of foreign exchange rate changes (2,312) Capitalized costs to obtain a contract as of March 31, 2022 $ 79,009

ALLOWANCE FOR CREDIT LOSSES (Ta

ALLOWANCE FOR CREDIT LOSSES (Tables)	9 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Activity for Allowance for Credit Losses	The following illustrates the activity in our allowance for credit losses on accounts receivable, since June 30, 2021: Balance as of June 30, 2021 $ 22,151 Credit loss expense (recovery) (2,295) Write-off / adjustments (3,417) Balance as of March 31, 2022 $ 16,439

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	9 Months Ended
	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
Components of Property and Equipment by Type	As of March 31, 2022 Cost Accumulated Net Furniture and fixtures $ 42,009 $ (38,021) $ 3,988 Office equipment 2,755 (1,359) 1,396 Computer hardware 324,998 (221,842) 103,156 Computer software 137,423 (114,266) 23,157 Capitalized software development costs 142,631 (97,926) 44,705 Leasehold improvements 105,733 (86,684) 19,049 Land and buildings 48,757 (16,378) 32,379 Total $ 804,306 $ (576,476) $ 227,830 As of June 30, 2021 Cost Accumulated Net Furniture and fixtures $ 38,541 $ (32,500) $ 6,041 Office equipment 2,533 (1,244) 1,289 Computer hardware 313,946 (212,448) 101,498 Computer software 129,690 (104,654) 25,036 Capitalized software development costs 127,697 (86,466) 41,231 Leasehold improvements 106,656 (81,135) 25,521 Land and buildings 48,537 (15,558) 32,979 Total $ 767,600 $ (534,005) $ 233,595

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Mar. 31, 2022
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, 2022 2021 2022 2021 Operating lease cost $ 16,158 $ 16,065 $ 47,121 $ 47,327 Short-term lease cost 223 222 532 724 Variable lease cost 891 852 2,056 2,152 Sublease income (3,087) (1,569) (6,945) (4,762) Total lease cost $ 14,185 $ 15,570 $ 42,764 $ 45,441 The weighted average remaining lease term and discount rate for the periods indicated below were as follows: As of March 31, 2022 As of June 30, 2021 Weighted-average remaining lease term 6.17 years 6.47 years Weighted-average discount rate 2.83 % 2.82 % The following table presents supplemental information relating to cash flows arising from lease transactions. Cash payments made for variable lease costs and short-term leases are not included in the measurement of operating lease liabilities, and, as such, are excluded from the amounts below: Nine Months Ended March 31, 2022 2021 Cash paid for amounts included in the measurement of operating lease liabilities $ 53,200 $ 56,645 Right of use assets obtained in exchange for new operating lease liabilities (1) (2) $ 24,880 $ 59,762 (1) The nine months ended March 31, 2022 excludes the impact of $8.1 million of right of use (ROU) assets obtained through the acquisition of Zix Corporation. See note 19 “Acquisitions” for further details including expected finalization of preliminary purchase price allocation. (2) The nine months ended March 31, 2021 excludes the release of $22.3 million of lease liabilities relating to office space that was abandoned during the fourth quarter of Fiscal 2020 and has since been early terminated or assigned to a third party. These recoveries were 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, 2022: Fiscal years ending June 30, 2022 (three months ended) $ 17,431 2023 62,747 2024 51,449 2025 40,519 2026 27,712 Thereafter 85,329 Total lease payments $ 285,187 Less: Imputed interest (22,904) Total $ 262,283 Reported as: Current operating lease liabilities $ 59,182 Non-current operating lease liabilities 203,101 Total $ 262,283

GOODWILL (Tables)

GOODWILL (Tables)	9 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Carrying Amount of Goodwill	The following table summarizes the changes in goodwill since June 30, 2021: Balance as of June 30, 2021 $ 4,691,673 Acquisition of Zix Corporation (note 19) 585,443 Acquisition of Bricata Inc. (note 19) 10,257 Impact of foreign exchange rate changes (22,184) Balance as of March 31, 2022 $ 5,265,189

ACQUIRED INTANGIBLE ASSETS (Tab

ACQUIRED INTANGIBLE ASSETS (Tables)	9 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Calculation of Acquired Intangibles by Asset Class	As of March 31, 2022 Cost Accumulated Amortization Net Technology assets $ 1,001,167 $ (694,088) $ 307,079 Customer assets 1,599,646 (725,459) 874,187 Total $ 2,600,813 $ (1,419,547) $ 1,181,266 As of June 30, 2021 Cost Accumulated Amortization Net Technology assets $ 1,003,730 $ (635,965) $ 367,765 Customer assets 1,386,533 (567,038) 819,495 Total $ 2,390,263 $ (1,203,003) $ 1,187,260
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, 2022 (three months ended) $ 102,692 2023 348,540 2024 268,185 2025 156,819 2026 113,316 Thereafter 191,714 Total $ 1,181,266

PREPAID EXPENSES AND OTHER AS_2

PREPAID EXPENSES AND OTHER ASSETS (Tables)	9 Months Ended
	Mar. 31, 2022
Other Assets [Abstract]
Components of Prepaid Expenses and Other Assets	Prepaid expenses and other current assets: As of March 31, 2022 As of June 30, 2021 Deposits and restricted cash $ 6,101 $ 3,027 Capitalized costs to obtain a contract 25,181 22,601 Short-term prepaid expenses and other current assets 91,334 72,923 Total $ 122,616 $ 98,551 Other assets: As of March 31, 2022 As of June 30, 2021 Deposits and restricted cash $ 7,264 $ 11,577 Capitalized costs to obtain a contract 53,828 50,299 Investments 176,767 121,777 Long-term prepaid expenses and other long-term assets 19,442 25,241 Total $ 257,301 $ 208,894

ACCOUNTS PAYABLE AND ACCRUED _2

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES (Tables)	9 Months Ended
	Mar. 31, 2022
Accounts Payable and Accrued Liabilities [Abstract]
Schedule of Current Liabilities	Accounts payable and accrued liabilities: As of March 31, 2022 As of June 30, 2021 Accounts payable—trade $ 87,242 $ 57,500 Accrued salaries, incentives and commissions 156,678 214,884 Accrued liabilities 103,578 82,204 Accrued sales and other tax liabilities 22,267 31,583 Accrued interest on Senior Notes 29,912 31,161 Amounts payable in respect of restructuring and other special charges 1,716 4,396 Asset retirement obligations 3,152 1,864 Total $ 404,545 $ 423,592
Schedule of Long-Term Accrued Liabilities	Long-term accrued liabilities: As of March 31, 2022 As of June 30, 2021 Amounts payable in respect of restructuring and other special charges $ 3,150 $ 4,359 Other accrued liabilities 699 10,681 Asset retirement obligations 12,782 13,790 Total $ 16,631 $ 28,830

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	9 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	As of March 31, 2022 As of June 30, 2021 Total debt Senior Notes 2031 $ 650,000 $ — Senior Notes 2030 900,000 900,000 Senior Notes 2029 850,000 — Senior Notes 2028 900,000 900,000 Senior Notes 2026 — 850,000 Term Loan B 960,000 967,500 Total principal payments due 4,260,000 3,617,500 Premium on Senior Notes 2026 (1) — 4,070 Debt issuance costs (1) (39,418) (32,711) Total amount outstanding 4,220,582 3,588,859 Less: Current portion of long-term debt Term Loan B 10,000 10,000 Total current portion of long-term debt 10,000 10,000 Non-current portion of long-term debt $ 4,210,582 $ 3,578,859 (1) During the nine months ended March 31, 2022, we recorded $17.2 million of debt issuance costs relating to the issuance of Senior Notes 2031 and Senior Notes 2029 (both defined below). Additionally, upon redemption of Senior Notes 2026 (defined below), $6.2 million of unamortized debt issuance costs and ($3.8) million of the unamortized premium were included in the loss on debt extinguishment. See note 22 “Other Income (Expense), Net”.

PENSION PLANS AND OTHER POST _2

PENSION PLANS AND OTHER POST RETIREMENT BENEFITS (Tables)	9 Months Ended
	Mar. 31, 2022
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, 2022 and June 30, 2021: As of March 31, 2022 Total benefit Current portion of benefit obligation (1) Non-current portion of CDT defined benefit plan $ 27,158 $ 867 $ 26,291 GXS GER defined benefit plan 19,545 968 18,577 GXS PHP defined benefit plan 12,071 86 11,985 Other plans 20,126 615 19,511 Total $ 78,900 $ 2,536 $ 76,364 As of June 30, 2021 Total benefit Current portion of benefit obligation (1) Non-current portion of CDT defined benefit plan $ 32,865 $ 880 $ 31,985 GXS GER defined benefit plan 23,861 1,058 22,803 GXS PHP defined benefit plan 10,973 42 10,931 Other plans 9,594 802 8,792 Total $ 77,293 $ 2,782 $ 74,511 (1) The current portion of the benefit obligation has been included within “Accrued salaries, incentives 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, 2022 As of June 30, 2021 CDT GXS GER GXS PHP Total CDT GXS GER GXS PHP Total Benefit obligation—beginning of fiscal year $ 32,865 $ 23,861 $ 10,973 $ 67,699 $ 32,851 $ 24,105 $ 10,270 $ 67,226 Service cost 273 126 1,420 1,819 473 206 1,822 2,501 Interest cost 326 232 457 1,015 505 364 469 1,338 Benefits paid (625) (743) (183) (1,551) (800) (1,027) (19) (1,846) Actuarial (gain) loss (3,110) (2,072) 268 (4,914) (1,976) (1,118) (1,853) (4,947) Foreign exchange (gain) loss (2,571) (1,859) (864) (5,294) 1,812 1,331 284 3,427 Benefit obligation—end of period 27,158 19,545 12,071 58,774 32,865 23,861 10,973 67,699 Less: Current portion (867) (968) (86) (1,921) (880) (1,058) (42) (1,980) Non-current portion of benefit obligation $ 26,291 $ 18,577 $ 11,985 $ 56,853 $ 31,985 $ 22,803 $ 10,931 $ 65,719
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, 2022 2021 Pension expense: CDT GXS GER GXS PHP Total CDT GXS GER GXS PHP Total Service cost $ 88 $ 41 $ 520 $ 649 $ 117 $ 51 $ 404 $ 572 Interest cost 105 75 164 344 125 90 104 319 Amortization of actuarial (gains) losses 117 6 (22) 101 175 28 — 203 Net pension expense $ 310 $ 122 $ 662 $ 1,094 $ 417 $ 169 $ 508 $ 1,094 Nine Months Ended March 31, 2022 2021 Pension expense: CDT GXS GER GXS PHP Total CDT GXS GER GXS PHP Total Service cost $ 273 $ 126 $ 1,420 $ 1,819 $ 354 $ 155 $ 1,245 $ 1,754 Interest cost 326 232 457 1,015 378 272 299 949 Amortization of actuarial (gains) losses 363 18 (68) 313 529 85 — 614 Net pension expense $ 962 $ 376 $ 1,809 $ 3,147 $ 1,261 $ 512 $ 1,544 $ 3,317
Weighted-Average Key Assumptions Used for CDT Pension Plan	In determining the fair value of the pension plan benefit obligations as of March 31, 2022 and June 30, 2021, respectively, we used the following weighted-average key assumptions: As of March 31, 2022 As of June 30, 2021 CDT GXS GER GXS PHP CDT GXS GER GXS PHP Assumptions: Salary increases 1.50% 1.50% 6.00% 1.50% 1.50% 5.00% Pension increases 1.50% 1.50% N/A 1.50% 1.50% N/A Discount rate 2.10% 2.10% 5.50% 1.39% 1.39% 5.00% Normal retirement age 65-67 65-67 60 65-67 65-67 60 Employee fluctuation rate: to age 20 —% —% 13.98% —% —% 13.98% to age 25 —% —% 7.10% —% —% 7.10% to age 30 1.00% —% 3.00% 1.00% —% 3.00% to age 35 0.50% —% 2.44% 0.50% —% 2.44% to age 40 —% —% 2.59% —% —% 2.59% to age 45 0.50% —% 1.15% 0.50% —% 1.15% 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 2022 (three months ended) $ 203 $ 244 $ — 2023 886 965 116 2024 959 966 130 2025 1,002 989 175 2026 1,036 977 287 2027 to 2031 5,997 4,743 2,894 Total $ 10,083 $ 8,884 $ 3,602

SHARE CAPITAL, OPTION PLANS A_2

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS (Tables)	9 Months Ended
	Mar. 31, 2022
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, 2022 2021 2022 2021 Stock options $ 3,442 $ 3,460 $ 12,457 $ 11,329 Performance Share Units (issued under LTIP) 2,980 2,447 10,151 7,486 Restricted Share Units (issued under LTIP) 1,694 1,697 5,790 5,655 Restricted Share Units (other) 6,482 2,807 9,229 7,877 Deferred Share Units (directors) 915 813 3,069 2,626 Employee Stock Purchase Plan 1,235 1,133 4,395 3,646 Total share-based compensation expense $ 16,748 $ 12,357 $ 45,091 $ 38,619
Summary of Option Activity	A summary of activity under our stock option plans for the nine months ended March 31, 2022 is as follows: Options Weighted- Weighted- Aggregate Intrinsic Value Outstanding at June 30, 2021 8,113,574 $ 40.16 4.88 $ 86,297 Granted 2,427,510 48.69 Exercised (904,645) 34.41 Forfeited or expired (626,854) 44.60 Outstanding at March 31, 2022 9,009,585 $ 42.73 4.88 $ 21,827 Exercisable at March 31, 2022 2,580,100 $ 36.87 3.27 $ 15,360
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, 2022 2021 2022 2021 Weighted–average fair value of options granted $ 8.31 $ 8.86 $ 9.08 $ 8.41 Weighted-average assumptions used: Expected volatility 26.06 % 26.59 % 26.37 % 26.20 % Risk–free interest rate 1.54 % 0.32 % 1.06 % 0.21 % Expected dividend yield 1.94 % 1.54 % 1.75 % 1.54 % Expected life (in years) 4.14 4.14 4.15 4.63 Forfeiture rate (based on historical rates) 7 % 7 % 7 % 7 % Average exercise share price $ 44.45 $ 48.74 $ 48.69 $ 45.57

GUARANTEES AND CONTINGENCIES (T

GUARANTEES AND CONTINGENCIES (Tables)	9 Months Ended
	Mar. 31, 2022
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, 2022 - July 1, 2022 - July 1, 2024 - July 1, 2026 Long-term debt obligations (1) $ 5,358,547 $ 38,290 $ 321,232 $ 1,218,025 $ 3,781,000 Purchase obligations for contracts not accounted for as lease obligations (2) 70,931 28,555 42,376 — — $ 5,429,478 $ 66,845 $ 363,608 $ 1,218,025 $ 3,781,000 (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, 2022
Income Tax Disclosure [Abstract]
Interest and Penalties Related to Liabilities for Income Tax Expense	For the three and nine months ended March 31, 2022 and 2021, respectively, we recognized the following amounts as income tax-related interest expense and penalties: Three Months Ended March 31, Nine Months Ended March 31, 2022 2021 2022 2021 Interest expense $ 336 $ 1,315 $ 803 $ 45,422 Penalties expense 245 506 418 889 Total $ 581 $ 1,821 $ 1,221 $ 46,311
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, 2022 As of June 30, 2021 Interest expense accrued (1) $ 5,751 $ 5,166 Penalties accrued (1) $ 2,553 $ 2,605 (1) 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, 2022
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, 2022 and June 30, 2021: March 31, 2022 June 30, 2021 Fair Market Measurements using: Fair Market Measurements using: March 31, 2022 Quoted prices Significant Significant June 30, 2021 Quoted prices Significant Significant (Level 1) (Level 2) (Level 3) (Level 1) (Level 2) (Level 3) Financial Assets (Liabilities): Foreign currency forward contracts designated as cash flow hedges (note 17) $ 559 $ — $ 559 $ — $ 1,131 $ — $ 1,131 $ — Total $ 559 $ — $ 559 $ — $ 1,131 $ — $ 1,131 $ —

DERIVATIVE INSTRUMENTS AND HE_2

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)	9 Months Ended
	Mar. 31, 2022
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, 2022 As of June 30, 2021 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) $ 559 $ 1,131
Effects of Derivative Instruments on Income and Other Comprehensive Income (OCI)	Effects of Derivative Instruments on Income and Other Comprehensive Income (OCI) (Loss) Three and Nine Months Ended March 31, 2022 Derivatives in Cash Flow Hedging Relationship Amount of Gain or (Loss) Recognized in OCI (Loss) on Derivatives (Effective Portion) Location of Gain or (Loss) Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Loss) Three Months Ended March 31, 2022 Nine Months Ended March 31, 2022 Three Months Ended March 31, 2022 Nine Months Ended March 31, 2022 Foreign currency forward contracts $ 881 $ (455) Operating expenses $ (298) $ 117 Three and Nine Months Ended March 31, 2021 Derivatives in Cash Flow Hedging Relationship Amount of Gain or (Loss) Recognized in OCI (Loss) on Derivatives (Effective Portion) Location of Gain or (Loss) Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (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

SPECIAL CHARGES (RECOVERIES) (T

SPECIAL CHARGES (RECOVERIES) (Tables)	9 Months Ended
	Mar. 31, 2022
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, 2022 2021 2022 2021 Fiscal 2022 Restructuring Plan $ 464 $ — $ 464 $ — COVID-19 Restructuring Plan (495) 153 (1,310) (7,581) Fiscal 2020 Restructuring Plan 3 (727) (145) 475 Restructuring Plans prior to Fiscal 2020 Restructuring Plan 15 10 (64) 11 Acquisition-related costs 1,302 3,145 5,967 4,593 Other charges (recoveries) 9,742 265 15,680 1,098 Total $ 11,031 $ 2,846 $ 20,592 $ (1,404) 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, 2022 is shown below. Fiscal 2022 Restructuring Plan Workforce reduction Total Balance payable as of June 30, 2021 $ — $ — Accruals and adjustments 464 464 Cash payments (111) (111) Foreign exchange and other non-cash adjustments 2 2 Balance payable as of March 31, 2022 $ 355 $ 355 A reconciliation of the beginning and ending restructuring liability, which is included within “Accounts payable and accrued liabilities” and “Long-term accrued liabilities” in our Condensed Consolidated Balance Sheets, for the nine months ended March 31, 2022 is shown below. COVID-19 Restructuring Plan Workforce reduction Facility charges Total Balance payable as of June 30, 2021 $ 255 $ 4,010 $ 4,265 Accruals and adjustments (101) (1,462) (1,563) Cash payments (144) 318 174 Foreign exchange and other non-cash adjustments (10) (302) (312) Balance payable as of March 31, 2022 $ — $ 2,564 $ 2,564 A reconciliation of the beginning and ending restructuring liability, which is included within “Accounts payable and accrued liabilities” and “Long-term accrued liabilities” in our Condensed Consolidated Balance Sheets, for the nine months ended March 31, 2022 is shown below. Fiscal 2020 Restructuring Plan Workforce reduction Facility charges Total Balance payable as of June 30, 2021 $ 2,217 $ 1,866 $ 4,083 Accruals and adjustments (226) 44 (182) Cash payments (1,864) (264) (2,128) Foreign exchange and other non-cash adjustments (127) 7 (120) Balance payable as of March 31, 2022 $ — $ 1,653 $ 1,653

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	9 Months Ended
	Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The recognized amounts of identifiable assets acquired and liabilities assumed, based on their preliminary fair values as of December 23, 2021, are set forth below: Current assets (inclusive of cash acquired of $38.3 million) $ 76,170 Non-current tangible assets 13,736 Intangible customer assets 213,600 Intangible technology assets 92,050 Liabilities assumed (86,539) Total identifiable net assets 309,017 Goodwill 585,443 Net assets acquired $ 894,460

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)	9 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	Three Months Ended March 31, 2022 Foreign Currency Translation Adjustments Cash Flow Hedges Defined Benefit Pension Plans Accumulated Other Comprehensive Income Balance as of December 31, 2021 $ 43,969 $ (457) $ (12,163) $ 31,349 Other comprehensive income (loss) before reclassifications, net of tax (13,073) 648 (2,033) (14,458) Amounts reclassified into net income, net of tax — 219 156 375 Total other comprehensive income (loss) net, for the period (13,073) 867 (1,877) (14,083) Balance as of March 31, 2022 $ 30,896 $ 410 $ (14,040) $ 17,266 Nine Months Ended March 31, 2022 Foreign Currency Translation Adjustments Cash Flow Hedges Defined Benefit Pension Plans Accumulated Other Comprehensive Income Balance as of June 30, 2021 $ 75,408 $ 830 $ (10,000) $ 66,238 Other comprehensive income (loss) before reclassifications, net of tax (44,512) (334) (4,517) (49,363) Amounts reclassified into net income, net of tax — (86) 477 391 Total other comprehensive income (loss) net, for the period (44,512) (420) (4,040) (48,972) Balance as of March 31, 2022 $ 30,896 $ 410 $ (14,040) $ 17,266 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

SUPPLEMENTAL CASH FLOW DISCLO_2

SUPPLEMENTAL CASH FLOW DISCLOSURES (Tables)	9 Months Ended
	Mar. 31, 2022
Supplemental Cash Flow Information [Abstract]
Supplemental Disclosure of Cash Flow Information	Nine Months Ended March 31, 2022 2021 Cash paid during the period for interest $ 115,097 $ 117,359 Cash received during the period for interest $ 2,382 $ 3,116 Cash paid during the period for income taxes (1) $ 88,259 $ 369,246 (1) Included for the nine months ended March 31, 2021 is cash paid of $290.0 million relating to settlements with the IRS.

OTHER INCOME (EXPENSE), NET (Ta

OTHER INCOME (EXPENSE), NET (Tables)	9 Months Ended
	Mar. 31, 2022
Other Income and Expenses [Abstract]
Schedule of Other Income (Expense), Net	Three Months Ended March 31, Nine Months Ended March 31, 2022 2021 2022 2021 Foreign exchange gains (losses) $ (3,443) $ (3,248) $ (2,900) $ (3,258) OpenText share in net income of equity investees (1) 27,746 11,765 59,103 20,020 Loss on debt extinguishment (2) — — (27,413) — Other miscellaneous income (expense) 89 (234) 347 (345) Total other income (expense), net $ 24,392 $ 8,283 $ 29,137 $ 16,417 (1) Represents our share in net income of equity investees, which approximates fair value and subject to volatility based on market trends and business conditions, based on our interest in certain investment funds in which we are a limited partner. Our interests in each of these investees range from 4% to below 20% and these investments are accounted for using the equity method (see note 9 “Prepaid Expenses and Other Assets” for more details). (2) On December 9, 2021, we redeemed Senior Notes 2026 in full, which resulted in a loss on debt extinguishment of $27.4 million. Of this, $25.0 million related to the early termination call premium, $6.2 million related to unamortized debt issuance costs and ($3.8) million related to unamortized premium (see note 11 “Long-Term Debt” for more details).

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	Three Months Ended March 31, Nine Months Ended March 31, 2022 2021 2022 2021 Basic earnings per share Net income attributable to OpenText $ 74,681 $ 91,490 $ 294,894 $ 129,389 Basic earnings per share attributable to OpenText $ 0.28 $ 0.34 $ 1.09 $ 0.47 Diluted earnings per share Net income attributable to OpenText $ 74,681 $ 91,490 $ 294,894 $ 129,389 Diluted earnings per share attributable to OpenText $ 0.28 $ 0.33 $ 1.08 $ 0.47 Weighted-average number of shares outstanding (in '000's) Basic 270,693 272,832 271,623 272,414 Effect of dilutive securities 518 1,092 816 898 Diluted 271,211 273,924 272,439 273,312 Excluded as anti-dilutive (1) 5,271 3,691 4,264 4,222 (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	3 Months Ended	9 Months Ended
	Sep. 30, 2021	Mar. 31, 2022	Mar. 31, 2021	Jun. 30, 2021
Noncontrolling Interest [Line Items]
Distribution to non-controlling interest	$ 400	$ 396	$ 0
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, 2022USD ($)	Mar. 31, 2021USD ($)	Mar. 31, 2022USD ($)revenueStream	Mar. 31, 2021USD ($)
Revenue from Contract with Customer [Abstract]
Number of revenue streams (in revenue streams) | revenueStream			4
Disaggregation of Revenue [Line Items]
Total revenues	$ 882,283	$ 832,931	$ 2,591,390	$ 2,492,588
Point in time
Disaggregation of Revenue [Line Items]
Total revenues	80,641	76,299	263,663	252,170
Over time (including professional service and other revenue)
Disaggregation of Revenue [Line Items]
Total revenues	801,642	756,632	2,327,727	2,240,418
Total recurring revenues
Disaggregation of Revenue [Line Items]
Total revenues	734,461	691,760	2,126,048	2,047,091
Cloud services and subscriptions
Disaggregation of Revenue [Line Items]
Total revenues	401,947	355,845	1,123,422	1,047,285
Customer support revenue
Disaggregation of Revenue [Line Items]
Total revenues	332,514	335,915	1,002,626	999,806
License revenue (perpetual, term and subscriptions)
Disaggregation of Revenue [Line Items]
Total revenues	80,641	76,299	263,663	252,170
Professional service and other revenue
Disaggregation of Revenue [Line Items]
Total revenues	67,181	64,872	201,679	193,327
Americas
Disaggregation of Revenue [Line Items]
Total revenues	560,969	507,892	1,615,967	1,533,400
EMEA
Disaggregation of Revenue [Line Items]
Total revenues	252,888	258,010	764,707	754,966
Asia Pacific
Disaggregation of Revenue [Line Items]
Total revenues	$ 68,426	$ 67,029	$ 210,716	$ 204,222

REVENUES - Contract Balances (D

REVENUES - Contract Balances (Details) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
Short-term contract assets	$ 25,481,000		$ 25,481,000		$ 25,344,000
Long-term contract assets	20,049,000		20,049,000		19,222,000
Short-term deferred revenues	936,750,000		936,750,000		852,629,000
Long-term deferred revenues	90,736,000		90,736,000		$ 98,989,000
Contract assets reclassified to receivables			26,600,000
Asset impairment	$ 0	$ 0	0	$ 0
Revenue recognized			$ 775,000,000	$ 737,000,000

REVENUES - Incremental Costs of

REVENUES - Incremental Costs of Obtaining a Contract with a Customer (Details) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Capitalized Contract Cost [Roll Forward]
Capitalized costs to obtain a contract, beginning balance			$ 72,900,000
New capitalized costs incurred			27,324,000
Amortization of capitalized costs			(18,903,000)
Impact of foreign exchange rate changes			(2,312,000)
Capitalized costs to obtain a contract, ending balance	$ 79,009,000		79,009,000
Impairment loss	$ 0	$ 0	$ 0	$ 0

REVENUES - Transaction Price Al

REVENUES - Transaction Price Allocated to the Remaining Performance Obligations (Details) $ in Billions	Mar. 31, 2022USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 1.5
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, percentage	46.00%
Expected timing of satisfaction, period	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Expected timing of satisfaction, period	3 years

ALLOWANCE FOR CREDIT LOSSES (De

ALLOWANCE FOR CREDIT LOSSES (Details) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2022	Jun. 30, 2021
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 22,151
Credit loss expense (recovery)	(2,295)
Write-off / adjustments	(3,417)
Balance at end of period	16,439
Unbilled receivables	52,400	$ 51,400
Allowance for credit loss, contract assets	$ 600	$ 400

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Jun. 30, 2021
Property, Plant and Equipment [Line Items]
Cost	$ 804,306	$ 767,600
Accumulated Depreciation	(576,476)	(534,005)
Net	227,830	233,595
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Cost	42,009	38,541
Accumulated Depreciation	(38,021)	(32,500)
Net	3,988	6,041
Office equipment
Property, Plant and Equipment [Line Items]
Cost	2,755	2,533
Accumulated Depreciation	(1,359)	(1,244)
Net	1,396	1,289
Computer hardware
Property, Plant and Equipment [Line Items]
Cost	324,998	313,946
Accumulated Depreciation	(221,842)	(212,448)
Net	103,156	101,498
Computer software
Property, Plant and Equipment [Line Items]
Cost	137,423	129,690
Accumulated Depreciation	(114,266)	(104,654)
Net	23,157	25,036
Capitalized software development costs
Property, Plant and Equipment [Line Items]
Cost	142,631	127,697
Accumulated Depreciation	(97,926)	(86,466)
Net	44,705	41,231
Leasehold improvements
Property, Plant and Equipment [Line Items]
Cost	105,733	106,656
Accumulated Depreciation	(86,684)	(81,135)
Net	19,049	25,521
Land and buildings
Property, Plant and Equipment [Line Items]
Cost	48,757	48,537
Accumulated Depreciation	(16,378)	(15,558)
Net	$ 32,379	$ 32,979

LEASES - Additional Information

LEASES - Additional Information (Details)	Mar. 31, 2022
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, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021	Dec. 23, 2021	Jun. 30, 2021
Lessee, Lease, Description [Line Items]
Operating lease cost	$ 16,158	$ 16,065	$ 47,121	$ 47,327
Short-term lease cost	223	222	532	724
Variable lease cost	891	852	2,056	2,152
Sublease income	(3,087)	(1,569)	(6,945)	(4,762)
Total lease cost	$ 14,185	$ 15,570	$ 42,764	45,441
Weighted-average remaining lease term	6 years 2 months 1 day		6 years 2 months 1 day			6 years 5 months 19 days
Weighted-average discount rate	2.83%		2.83%			2.82%
Supplemental Cash Flow Information
Cash paid for amounts included in the measurement of operating lease liabilities			$ 53,200	56,645
Right of use assets obtained in exchange for new operating lease liabilities			$ 24,880	59,762
Reversal of lease liabilities | COVID-19 Restructuring Plan and Fiscal 2020 Restructuring Plan
Supplemental Cash Flow Information
Special charges				$ 22,300
Zix Corporation and Bricata Inc
Supplemental Cash Flow Information
ROU assets acquired					$ 8,100

LEASES - Maturity of Lease Liab

LEASES - Maturity of Lease Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Jun. 30, 2021
Leases [Abstract]
2022 (three months ended)	$ 17,431
2023	62,747
2024	51,449
2025	40,519
2026	27,712
Thereafter	85,329
Total lease payments	285,187
Less: Imputed interest	(22,904)
Total	262,283
Reported as:
Current operating lease liabilities	59,182	$ 58,315
Non-current operating lease liabilities	203,101	$ 224,453
Total	262,283
Sublease income to be received remainder of fiscal year	3,200
Sublease income to be received thereafter	$ 59,400

GOODWILL (Details)

GOODWILL (Details) $ in Thousands	9 Months Ended
	Mar. 31, 2022USD ($)
Goodwill [Line Items]
Beginning balance	$ 4,691,673
Impact of foreign exchange rate changes	(22,184)
Ending balance	5,265,189
Zix Corporation
Goodwill [Line Items]
Acquisitions	585,443
Bricata
Goodwill [Line Items]
Acquisitions	$ 10,257

ACQUIRED INTANGIBLE ASSETS - Ca

ACQUIRED INTANGIBLE ASSETS - Calculation of Acquired Intangibles by Asset Class (Details) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2022	Jun. 30, 2021
Finite-Lived Intangible Assets, Net [Abstract]
Cost	$ 2,600,813	$ 2,390,263
Accumulated Amortization	(1,419,547)	(1,203,003)
Total	1,181,266	1,187,260
Technology assets
Finite-Lived Intangible Assets, Net [Abstract]
Cost	1,001,167	1,003,730
Accumulated Amortization	(694,088)	(635,965)
Total	307,079	367,765
Reduction to technology assets	$ 91,000
Weighted-average amortization period (in years) for acquired intangible assets	6 years
Customer assets
Finite-Lived Intangible Assets, Net [Abstract]
Cost	$ 1,599,646	1,386,533
Accumulated Amortization	(725,459)	(567,038)
Total	$ 874,187	$ 819,495
Weighted-average amortization period (in years) for acquired intangible assets	8 years

ACQUIRED INTANGIBLE ASSETS - _2

ACQUIRED INTANGIBLE ASSETS - Calculation of Estimated Future Amortization Expense (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
2022 (three months ended)	$ 102,692
2023	348,540
2024	268,185
2025	156,819
2026	113,316
Thereafter	191,714
Total	$ 1,181,266	$ 1,187,260

PREPAID EXPENSES AND OTHER AS_3

PREPAID EXPENSES AND OTHER ASSETS - Schedule (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Jun. 30, 2021
Prepaid expenses and other current assets:
Deposits and restricted cash	$ 6,101	$ 3,027
Capitalized costs to obtain a contract	25,181	22,601
Short-term prepaid expenses and other current assets	91,334	72,923
Total	122,616	98,551
Other assets:
Deposits and restricted cash	7,264	11,577
Capitalized costs to obtain a contract	53,828	50,299
Investments	176,767	121,777
Long-term prepaid expenses and other long-term assets	19,442	25,241
Total	$ 257,301	$ 208,894

PREPAID EXPENSES AND OTHER AS_4

PREPAID EXPENSES AND OTHER ASSETS - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Schedule of Equity Method Investments [Line Items]
OpenText share in net income of equity investees	$ 27,746	$ 11,765	$ 59,103	$ 20,020
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, 2022	Jun. 30, 2021
Accounts Payable and Accrued Liabilities [Abstract]
Accounts payable—trade	$ 87,242	$ 57,500
Accrued salaries, incentives and commissions	156,678	214,884
Accrued liabilities	103,578	82,204
Accrued sales and other tax liabilities	22,267	31,583
Accrued interest on Senior Notes	29,912	31,161
Amounts payable in respect of restructuring and other special charges	1,716	4,396
Asset retirement obligations	3,152	1,864
Total	$ 404,545	$ 423,592

ACCOUNTS PAYABLE AND ACCRUED _4

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES - Schedule of Long-Term Accrued Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Jun. 30, 2021
Accounts Payable and Accrued Liabilities [Abstract]
Amounts payable in respect of restructuring and other special charges	$ 3,150	$ 4,359
Other accrued liabilities	699	10,681
Asset retirement obligations	12,782	13,790
Total	$ 16,631	$ 28,830

ACCOUNTS PAYABLE AND ACCRUED _5

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES - Additional Information (Details) - USD ($) $ in Millions	Mar. 31, 2022	Jun. 30, 2021
Accounts Payable and Accrued Liabilities [Abstract]
Present value of asset retirement obligation	$ 15.9	$ 15.7
Undiscounted value of asset retirement obligation	$ 16.6	$ 16.4

LONG-TERM DEBT - Schedule of Lo

LONG-TERM DEBT - Schedule of Long-Term Debt (Details) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2022	Dec. 09, 2021	Jun. 30, 2021
Debt Instrument [Line Items]
Total principal payments due	$ 4,260,000		$ 3,617,500
Debt issuance costs	(39,418)		(32,711)
Total amount outstanding	4,220,582		3,588,859
Less:
Current portion of long-term debt	10,000		10,000
Non-current portion of long-term debt	4,210,582		3,578,859
Senior Notes 2026
Debt Instrument [Line Items]
Premium on notes	0		4,070
Term Loan B
Debt Instrument [Line Items]
Total principal payments due	960,000		967,500
Less:
Current portion of long-term debt	10,000		10,000
Senior Notes | Senior Notes 2031
Debt Instrument [Line Items]
Total principal payments due	650,000		0
Senior Notes | Senior Notes 2030
Debt Instrument [Line Items]
Total principal payments due	900,000		900,000
Senior Notes | Senior Notes 2029
Debt Instrument [Line Items]
Total principal payments due	850,000		0
Senior Notes | Senior Notes 2028
Debt Instrument [Line Items]
Total principal payments due	900,000		900,000
Senior Notes | Senior Notes 2026
Debt Instrument [Line Items]
Total principal payments due	0	$ 850,000	$ 850,000
Less:
Unamortized debt issuance costs	$ 6,200

LONG-TERM DEBT - Senior Unsecur

LONG-TERM DEBT - Senior Unsecured Fixed Rate Notes (Details) - USD ($)	Dec. 09, 2021	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021	Nov. 24, 2021	Jun. 30, 2021	Feb. 18, 2020	Dec. 20, 2016	May 31, 2016
Debt Instrument [Line Items]
Long-term debt		$ 4,260,000,000		$ 4,260,000,000			$ 3,617,500,000
Loss on extinguishment of debt		0	$ 0	(27,413,000)	$ 0
Debt extinguishment costs (note 22)				24,969,000	0
Senior Notes | Senior Notes 2031
Debt Instrument [Line Items]
Debt instrument face amount						$ 650,000,000
Debt instrument stated interest rate						4.125%
Interest expense		6,700,000		9,400,000
Long-term debt		650,000,000		650,000,000			0
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	9,300,000	27,900,000	27,800,000
Long-term debt		900,000,000		900,000,000			900,000,000
Senior Notes | Senior Notes 2029
Debt Instrument [Line Items]
Debt instrument face amount						$ 850,000,000
Debt instrument stated interest rate						3.875%
Interest expense		8,200,000		11,500,000
Long-term debt		850,000,000		850,000,000			0
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	8,700,000	26,100,000	26,000,000
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		0	$ 12,500,000	21,900,000	$ 37,500,000
Debt premium issue price percentage									102.75%
Long-term debt	$ 850,000,000	$ 0		0			$ 850,000,000
Redemption price	102.9375%
Loss on extinguishment of debt				(27,400,000)
Debt extinguishment costs (note 22)				25,000,000
Unamortized debt issuance costs				6,200,000
Unamortized premium				$ (3,800,000)

LONG-TERM DEBT - Additional Inf

LONG-TERM DEBT - Additional Information (Details)	Oct. 31, 2019USD ($)	May 30, 2018USD ($)	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)	Dec. 09, 2021USD ($)	Jun. 30, 2021USD ($)	Oct. 30, 2019USD ($)	Dec. 20, 2016USD ($)	May 31, 2016USD ($)	Jan. 16, 2014USD ($)
Debt Instrument [Line Items]
Debt issuance costs, net			$ 39,418,000		$ 39,418,000			$ 32,711,000
Long-term debt			4,260,000,000		4,260,000,000			3,617,500,000
Loss on extinguishment of debt			0	$ 0	(27,413,000)	$ 0
Debt extinguishment costs					24,969,000	0
Revolving credit facility | Line of Credit
Debt Instrument [Line Items]
Interest expense			0	0	0	3,600,000
Credit agreement, maximum capacity	$ 750,000,000								$ 450,000,000
Long-term debt			0		0			0
Revolving credit facility | Line of Credit | LIBOR | Minimum
Debt Instrument [Line Items]
Interest addition to floating rate	1.25%
Revolving credit facility | Line of Credit | LIBOR | Maximum
Debt Instrument [Line Items]
Interest addition to floating rate	1.75%
Senior Notes 2029 and 2031 | Senior Notes
Debt Instrument [Line Items]
Debt issuance costs, net			$ 17,200,000		$ 17,200,000
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			1.96%		1.96%
Leverage ratio, compliance maximum		4
Leverage ratio			1.9		1.9
Interest expense			$ 4,500,000	4,600,000	$ 13,600,000	14,100,000
Long-term debt			960,000,000		960,000,000			967,500,000
Term Loan B | LIBOR
Debt Instrument [Line Items]
Interest addition to floating rate		1.75%
Senior Notes 2026 | Senior Notes
Debt Instrument [Line Items]
Unamortized debt issuance costs					6,200,000
Unamortized premium					(3,800,000)
Debt instrument face amount										$ 250,000,000	$ 600,000,000
Interest expense			0	$ 12,500,000	21,900,000	$ 37,500,000
Long-term debt			$ 0		0		$ 850,000,000	$ 850,000,000
Loss on extinguishment of debt					(27,400,000)
Debt extinguishment costs					$ 25,000,000

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, 2022	Jun. 30, 2021
Assumptions:
Total benefit obligation	$ 78,900	$ 77,293
Current portion of benefit obligation	2,536	2,782
Non-current portion of benefit obligation	76,364	74,511
Pension Plan | CDT
Assumptions:
Total benefit obligation	27,158	32,865
Current portion of benefit obligation	867	880
Non-current portion of benefit obligation	26,291	31,985
Pension Plan | GXS GER
Assumptions:
Total benefit obligation	19,545	23,861
Current portion of benefit obligation	968	1,058
Non-current portion of benefit obligation	18,577	22,803
Pension Plan | GXS PHP
Assumptions:
Total benefit obligation	12,071	10,973
Current portion of benefit obligation	86	42
Non-current portion of benefit obligation	11,985	10,931
Other plans
Assumptions:
Total benefit obligation	20,126	9,594
Current portion of benefit obligation	615	802
Non-current portion of benefit obligation	$ 19,511	$ 8,792

PENSION PLANS AND OTHER POST _4

PENSION PLANS AND OTHER POST RETIREMENT BENEFITS - Additional Information (Details) - Pension Plan	9 Months Ended
	Mar. 31, 2022USD ($)
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	$ 30,000

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, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021	Jun. 30, 2021
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation—beginning of fiscal year			$ 67,699	$ 67,226	$ 67,226
Service cost	$ 649	$ 572	1,819	1,754	2,501
Interest cost	344	319	1,015	949	1,338
Benefits paid			(1,551)		(1,846)
Actuarial (gain) loss			(4,914)		(4,947)
Foreign exchange (gain) loss			(5,294)		3,427
Benefit obligation—end of period	58,774		58,774		67,699
Less: Current portion	(1,921)		(1,921)		(1,980)
Non-current portion of benefit obligation	56,853		56,853		65,719
CDT
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation—beginning of fiscal year			32,865	32,851	32,851
Service cost	88	117	273	354	473
Interest cost	105	125	326	378	505
Benefits paid			(625)		(800)
Actuarial (gain) loss			(3,110)		(1,976)
Foreign exchange (gain) loss			(2,571)		1,812
Benefit obligation—end of period	27,158		27,158		32,865
Less: Current portion	(867)		(867)		(880)
Non-current portion of benefit obligation	26,291		26,291		31,985
GXS GER
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation—beginning of fiscal year			23,861	24,105	24,105
Service cost	41	51	126	155	206
Interest cost	75	90	232	272	364
Benefits paid			(743)		(1,027)
Actuarial (gain) loss			(2,072)		(1,118)
Foreign exchange (gain) loss			(1,859)		1,331
Benefit obligation—end of period	19,545		19,545		23,861
Less: Current portion	(968)		(968)		(1,058)
Non-current portion of benefit obligation	18,577		18,577		22,803
GXS PHP
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation—beginning of fiscal year			10,973	10,270	10,270
Service cost	520	404	1,420	1,245	1,822
Interest cost	164	$ 104	457	$ 299	469
Benefits paid			(183)		(19)
Actuarial (gain) loss			268		(1,853)
Foreign exchange (gain) loss			(864)		284
Benefit obligation—end of period	12,071		12,071		10,973
Less: Current portion	(86)		(86)		(42)
Non-current portion of benefit obligation	$ 11,985		$ 11,985		$ 10,931

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, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021	Jun. 30, 2021
Assumptions:
Net pension expense			$ 4,883	$ 4,670
Pension Plan
Assumptions:
Service cost	$ 649	$ 572	1,819	1,754	$ 2,501
Interest cost	344	319	1,015	949	1,338
Amortization of actuarial (gains) losses	101	203	313	614
Net pension expense	1,094	1,094	3,147	3,317
Pension Plan | CDT
Assumptions:
Service cost	88	117	273	354	473
Interest cost	105	125	326	378	505
Amortization of actuarial (gains) losses	117	175	363	529
Net pension expense	310	417	962	1,261
Pension Plan | GXS GER
Assumptions:
Service cost	41	51	126	155	206
Interest cost	75	90	232	272	364
Amortization of actuarial (gains) losses	6	28	18	85
Net pension expense	122	169	376	512
Pension Plan | GXS PHP
Assumptions:
Service cost	520	404	1,420	1,245	1,822
Interest cost	164	104	457	299	$ 469
Amortization of actuarial (gains) losses	(22)	0	(68)	0
Net pension expense	$ 662	$ 508	$ 1,809	$ 1,544

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, 2022	Jun. 30, 2021
CDT
Assumptions:
Salary increases	1.50%	1.50%
Pension increases	1.50%	1.50%
Discount rate	2.10%	1.39%
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	1.50%	1.50%
Pension increases	1.50%	1.50%
Discount rate	2.10%	1.39%
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	6.00%	5.00%
Discount rate	5.50%	5.00%
Normal retirement age	60 years	60 years
GXS PHP | to age 20
Assumptions:
Employee fluctuation rate	13.98%	13.98%
GXS PHP | to age 25
Assumptions:
Employee fluctuation rate	7.10%	7.10%
GXS PHP | to age 30
Assumptions:
Employee fluctuation rate	3.00%	3.00%
GXS PHP | to age 35
Assumptions:
Employee fluctuation rate	2.44%	2.44%
GXS PHP | to age 40
Assumptions:
Employee fluctuation rate	2.59%	2.59%
GXS PHP | to age 45
Assumptions:
Employee fluctuation rate	1.15%	1.15%
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, 2022USD ($)
CDT
Assumptions:
2022 (three months ended)	$ 203
2023	886
2024	959
2025	1,002
2026	1,036
2027 to 2031	5,997
Total	10,083
GXS GER
Assumptions:
2022 (three months ended)	244
2023	965
2024	966
2025	989
2026	977
2027 to 2031	4,743
Total	8,884
GXS PHP
Assumptions:
2022 (three months ended)	0
2023	116
2024	130
2025	175
2026	287
2027 to 2031	2,894
Total	$ 3,602

SHARE CAPITAL, OPTION PLANS A_3

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	Nov. 04, 2021	Nov. 05, 2020	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Cash Dividends
Dividends declared per common share (in dollars per share)			$ 0.2209		$ 0.2008	$ 0.6627	$ 0.5762
Payments of dividends			$ 59,100		$ 54,500	$ 178,613	$ 156,288
Share Capital
Preference shares issued (in shares)			0			0
Treasury Stock
Purchase of treasury stock (in shares)			1,300,000		489,934	1,700,000	1,455,088
Purchase of treasury stock			$ 56,100		$ 23,000	$ 75,660	$ 64,847
Issuance of treasury stock (in shares)			0		23,640	491,244	509,721
Stock Repurchase Plan
Stock repurchased and retired (in shares)			1,000,000			2,809,559
Stock repurchased and retired			$ 45,100		$ 0	$ 136,100	$ 0
Long Term Incentive Plan
Treasury Stock
Issuance of treasury stock (in shares)				349,792
Share Repurchase Plan
Stock Repurchase Plan
Stock repurchase plan, period in force		12 months
Stock repurchase plan, authorized amount		$ 350,000
Renewed Repurchase Plan
Stock Repurchase Plan
Stock repurchase plan, period in force	12 months
Stock repurchase plan, authorized amount	$ 350,000

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, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	$ 16,748	$ 12,357	$ 45,091	$ 38,619
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	3,442	3,460	12,457	11,329
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	2,980	2,447	10,151	7,486
Restricted Share Units (RSUs) | Long Term Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	1,694	1,697	5,790	5,655
Restricted Share Units (RSUs) | Other plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	6,482	2,807	9,229	7,877
Deferred Share Units (directors)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	915	813	3,069	2,626
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	$ 1,235	$ 1,133	$ 4,395	$ 3,646

SHARE CAPITAL, OPTION PLANS A_5

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021	Jun. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (in shares)	9,009,585		9,009,585		8,113,574
Cash used to settle awards	$ 0	$ 0	$ 0	$ 0
Capitalized amount of share-based compensation costs	0	0	0	0
Aggregate intrinsic value of options exercised	400,000	2,100,000	16,700,000	9,800,000
Cash proceeds from exercise of options granted	1,900,000	8,300,000	31,100,000	23,800,000
Tax benefit realized from exercise of options	$ 100,000	$ 300,000	$ 1,600,000	$ 1,400,000
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (in shares)	9,009,585		9,009,585
Common shares available for issuance (in shares)	9,450,921		9,450,921
Expiration period of options, minimum term			7 years
Expiration period of options, maximum term			10 years
Unrecognized compensation cost relating to unvested stock awards	$ 44,200,000		$ 44,200,000
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, 2022USD ($)$ / sharesshares	Jun. 30, 2021USD ($)$ / sharesshares
Options
Outstanding at beginning of period (in shares) | shares	8,113,574
Granted (in shares) | shares	2,427,510
Exercised (in shares) | shares	(904,645)
Forfeited or expired (in shares) | shares	(626,854)
Outstanding at end of period (in shares) | shares	9,009,585	8,113,574
Exercisable ending balance (in shares) | shares	2,580,100
Weighted- Average Exercise Price
Outstanding at beginning of period (in dollars per share) | $ / shares	$ 40.16
Granted (in dollars per share) | $ / shares	48.69
Exercised (in dollars per share) | $ / shares	34.41
Forfeited or expired (in dollars per share) | $ / shares	44.60
Outstanding at end of period (in dollars per share) | $ / shares	42.73	$ 40.16
Exercisable at end of period (in dollars per share) | $ / shares	$ 36.87
Weighted- Average Remaining Contractual Term (years)
Outstanding	4 years 10 months 17 days	4 years 10 months 17 days
Exercisable	3 years 3 months 7 days
Aggregate Intrinsic Value ($’000's)
Outstanding | $	$ 21,827	$ 86,297
Exercisable | $	$ 15,360

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) - Stock options - $ / shares	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average fair value of options granted (in dollars per share)	$ 8.31	$ 8.86	$ 9.08	$ 8.41
Weighted-average assumptions used:
Expected volatility	26.06%	26.59%	26.37%	26.20%
Risk–free interest rate	1.54%	0.32%	1.06%	0.21%
Expected dividend yield	1.94%	1.54%	1.75%	1.54%
Expected life (in years)	4 years 1 month 20 days	4 years 1 month 20 days	4 years 1 month 24 days	4 years 7 months 17 days
Forfeiture rate (based on historical rates)	7.00%	7.00%	7.00%	7.00%
Average exercised share price (in dollars per share)	$ 44.45	$ 48.74	$ 48.69	$ 45.57

SHARE CAPITAL, OPTION PLANS A_8

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - Long-Term Incentive Plans (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of treasury stock (in shares)	0		23,640	491,244	509,721
Issuance of treasury stock			$ 0	$ 0	$ 0
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	$ 41,300			$ 41,300
Unvested stock awards compensation cost, weighted average recognition period				1 year 10 months 24 days
Issuance of treasury stock (in shares)		349,792
Issuance of treasury stock		$ 15,100

SHARE CAPITAL, OPTION PLANS A_9

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - RSUs, DSUs and ESPP (Details) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Restricted Share Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted (in shares)	2,459,929	0	2,459,929	484,956
Award vesting period			3 years
Unrecognized compensation cost relating to unvested stock awards	$ 106,900,000		$ 106,900,000
Unvested stock awards compensation cost, weighted average recognition period			2 years 1 month 6 days
Stock issued (in shares)	0		141,452
Stock issued	$ 0	$ 0	$ 5,900,000	$ 0
Deferred Share Units (DSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted (in shares)	5,058	5,015	78,705	81,585
Stock issued (in shares)	0	23,640	0	23,640
Stock issued		$ 1,100,000		$ 1,100,000
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)	246,473	204,812	644,986	572,219
Cash received from employee stock purchase plan	$ 8,900,000	$ 8,300,000	$ 25,300,000	$ 22,000,000

GUARANTEES AND CONTINGENCIES -

GUARANTEES AND CONTINGENCIES - Schedule of Contractual Obligations with Minimum Payments (Details) $ in Thousands	Mar. 31, 2022USD ($)
Long term debt obligations
Total	$ 5,358,547
April 1, 2022 - June 30, 2022	38,290
July 1, 2022 - June 30, 2024	321,232
July 1, 2024 - June 30, 2026	1,218,025
July 1, 2026 and beyond	3,781,000
Purchase obligations for contracts not accounted for as lease obligations
Total	70,931
April 1, 2022 - June 30, 2022	28,555
July 1, 2022 - June 30, 2024	42,376
July 1, 2024 - June 30, 2026	0
July 1, 2026 and beyond	0
Total payments due
Total	5,429,478
April 1, 2022 - June 30, 2022	66,845
July 1, 2022 - June 30, 2024	363,608
July 1, 2024 - June 30, 2026	1,218,025
July 1, 2026 and beyond	$ 3,781,000

GUARANTEES AND CONTINGENCIES _2

GUARANTEES AND CONTINGENCIES - Additional Information (Details) - Canada Revenue Agency (CRA) $ in Millions	9 Months Ended
	Mar. 31, 2022USD ($)
Loss Contingencies [Line Items]
Estimated amount of loss resulting from an adverse tax position	$ 75
Income taxes paid	$ 34
Tax Year 2012
Loss Contingencies [Line Items]
Additional tax expense, as a percent	10.00%
Tax Year 2013
Loss Contingencies [Line Items]
Additional tax expense, as a percent	10.00%
Tax Year 2014
Loss Contingencies [Line Items]
Additional tax expense, as a percent	10.00%
Tax Year 2015
Loss Contingencies [Line Items]
Additional tax expense, as a percent	10.00%
Tax Year 2016
Loss Contingencies [Line Items]
Additional tax expense, as a percent	10.00%
Tax Year 2017
Loss Contingencies [Line Items]
Estimated amount of loss resulting from an adverse tax position	$ 470
Minimum | Tax Year 2012
Loss Contingencies [Line Items]
Income tax examination, estimate of increase to taxable income	90
Minimum | Tax Year 2013
Loss Contingencies [Line Items]
Income tax examination, estimate of increase to taxable income	90
Minimum | Tax Year 2014
Loss Contingencies [Line Items]
Income tax examination, estimate of increase to taxable income	90
Minimum | Tax Year 2015
Loss Contingencies [Line Items]
Income tax examination, estimate of increase to taxable income	90
Minimum | Tax Year 2016
Loss Contingencies [Line Items]
Income tax examination, estimate of increase to taxable income	90
Maximum | Tax Year 2012
Loss Contingencies [Line Items]
Income tax examination, estimate of increase to taxable income	100
Maximum | Tax Year 2013
Loss Contingencies [Line Items]
Income tax examination, estimate of increase to taxable income	100
Maximum | Tax Year 2014
Loss Contingencies [Line Items]
Income tax examination, estimate of increase to taxable income	100
Maximum | Tax Year 2015
Loss Contingencies [Line Items]
Income tax examination, estimate of increase to taxable income	100
Maximum | 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, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Effective income tax rate	35.50%	25.80%	29.60%	72.50%
Income tax expense	$ 41,041	$ 31,818	$ 123,757	$ 342,121
Increase (decrease) due to Base Erosion and Anti-Abuse Tax (BEAT)	10,600
Increase due to internal reorganizations	4,400		17,000
Foreign Accrual Property Income	(2,900)
Exclusion of gains in certain investment funds, limited partnership	$ 2,100		$ 5,200
Exclusion percentage of gains in certain investment funds, limited partnership	50.00%		50.00%
Effect of IRS settlement			$ (300,600)
Effect of foreign tax rates			(11,300)
Subpart F			(5,900)
Increase for change in unrecognized tax benefits			90,600
Share-based compensation benefits			4,400
Possible decrease in tax expense in next 12 months	$ 3,100		3,100
Provision for deferred income tax liabilities	$ 29,200		$ 29,200		$ 27,500

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, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Interest expense	$ 336	$ 1,315	$ 803	$ 45,422
Penalties expense	245	506	418	889
Total	$ 581	$ 1,821	$ 1,221	$ 46,311

INCOME TAXES - Interest Accrued

INCOME TAXES - Interest Accrued and Penalties Accrued Related to Income Tax Expense (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Interest expense accrued	$ 5,751	$ 5,166
Penalties accrued	$ 2,553	$ 2,605

FAIR VALUE MEASUREMENT (Details

FAIR VALUE MEASUREMENT (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Jun. 30, 2021
Senior Notes
Financial Assets (Liabilities):
Fair value of note	$ 3,100,000	$ 2,700,000
Fair Value, Measurements, Recurring
Financial Assets (Liabilities):
Derivative asset	559	1,131
Total	559	1,131
Fair Value, Measurements, Recurring | (Level 1)
Financial Assets (Liabilities):
Derivative asset	0	0
Total	0	0
Fair Value, Measurements, Recurring | (Level 2)
Financial Assets (Liabilities):
Derivative asset	559	1,131
Total	559	1,131
Fair Value, Measurements, Recurring | (Level 3)
Financial Assets (Liabilities):
Derivative asset	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, 2022	Jun. 30, 2021
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	$ 67,000	$ 66,900
Prepaid expenses and other current assets | Cash Flow Hedging | Designated As Hedging Instrument | Foreign currency forward contracts
Derivatives, Fair Value [Line Items]
Derivative asset (liability), net	$ 559	$ 1,131
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, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Derivatives, Fair Value [Line Items]
Amount of Gain or (Loss) Recognized in OCI (Loss) on Derivatives (Effective Portion)	$ 881	$ 927	$ (455)	$ 4,910
Operating expenses
Derivatives, Fair Value [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Loss) (Effective Portion)	$ (298)	$ 1,507	$ 117	$ 2,574

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, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Restructuring Cost and Reserve [Line Items]
Acquisition-related costs	$ 1,302	$ 3,145	$ 5,967	$ 4,593
Other charges (recoveries)	9,742	265	15,680	1,098
Total	11,031	2,846	20,592	(1,404)
Fiscal 2022 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Special charges	464	0	464	0
Fiscal 2022 Restructuring Plan | Workforce reduction
Restructuring Cost and Reserve [Line Items]
Special charges	500		500
COVID-19 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Special charges	(495)	153	(1,310)	(7,581)
Fiscal 2020 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Special charges	3	(727)	(145)	475
Restructuring Plans prior to Fiscal 2020 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Special charges	$ 15	$ 10	$ (64)	$ 11

SPECIAL CHARGES (RECOVERIES) _2

SPECIAL CHARGES (RECOVERIES) - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Restructuring Cost and Reserve [Line Items]
Acquisition-related costs	$ 1,302	$ 3,145	$ 5,967	$ 4,593
Other charges (recoveries)	9,742	265	15,680	1,098
Zix Corporation
Restructuring Cost and Reserve [Line Items]
Acquisition-related costs	600		2,700
Miscellaneous other charges
Restructuring Cost and Reserve [Line Items]
Other charges (recoveries)	100	300	4,100	1,100
Pre-acquisition equity incentives | Zix Corporation
Restructuring Cost and Reserve [Line Items]
Other charges (recoveries)	9,600		11,600
Fiscal 2022 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)	464	0	464	0
Special charges recorded to date	500		500
Fiscal 2022 Restructuring Plan | Minimum
Restructuring Cost and Reserve [Line Items]
Expected cost	30,000		30,000
Fiscal 2022 Restructuring Plan | Maximum
Restructuring Cost and Reserve [Line Items]
Expected cost	35,000		35,000
Fiscal 2022 Restructuring Plan | Workforce reduction
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)	500		500
COVID-19 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)	(495)	153	(1,310)	(7,581)
Special charges recorded to date	43,400		43,400
COVID-19 Restructuring Plan | Abandoned facilities and workforce reductions
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)	(500)		(1,300)
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)	3	(727)	(145)	475
Special charges recorded to date	30,200		30,200
Fiscal 2020 Restructuring Plan | Abandoned facilities and workforce reductions
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)	$ 0		$ (100)
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, 2022USD ($)
Fiscal 2022 Restructuring Plan
Restructuring Reserve [Roll Forward]
Balance, beginning	$ 0
Accruals and adjustments	464
Cash payments	(111)
Foreign exchange and other non-cash adjustments	2
Balance, end	355
Fiscal 2022 Restructuring Plan | Workforce reduction
Restructuring Reserve [Roll Forward]
Balance, beginning	0
Accruals and adjustments	464
Cash payments	(111)
Foreign exchange and other non-cash adjustments	2
Balance, end	355
COVID-19 Restructuring Plan
Restructuring Reserve [Roll Forward]
Balance, beginning	4,265
Accruals and adjustments	(1,563)
Cash payments	174
Foreign exchange and other non-cash adjustments	(312)
Balance, end	2,564
COVID-19 Restructuring Plan | Workforce reduction
Restructuring Reserve [Roll Forward]
Balance, beginning	255
Accruals and adjustments	(101)
Cash payments	(144)
Foreign exchange and other non-cash adjustments	(10)
Balance, end	0
COVID-19 Restructuring Plan | Facility charges
Restructuring Reserve [Roll Forward]
Balance, beginning	4,010
Accruals and adjustments	(1,462)
Cash payments	318
Foreign exchange and other non-cash adjustments	(302)
Balance, end	2,564
Fiscal 2020 Restructuring Plan
Restructuring Reserve [Roll Forward]
Balance, beginning	4,083
Accruals and adjustments	(182)
Cash payments	(2,128)
Foreign exchange and other non-cash adjustments	(120)
Balance, end	1,653
Fiscal 2020 Restructuring Plan | Workforce reduction
Restructuring Reserve [Roll Forward]
Balance, beginning	2,217
Accruals and adjustments	(226)
Cash payments	(1,864)
Foreign exchange and other non-cash adjustments	(127)
Balance, end	0
Fiscal 2020 Restructuring Plan | Facility charges
Restructuring Reserve [Roll Forward]
Balance, beginning	1,866
Accruals and adjustments	44
Cash payments	(264)
Foreign exchange and other non-cash adjustments	7
Balance, end	$ 1,653

ACQUISITIONS - Narrative (Detai

ACQUISITIONS - Narrative (Details) - USD ($) $ in Thousands	Dec. 23, 2021	Nov. 24, 2021	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021	Jun. 30, 2021
Business Acquisition [Line Items]
Goodwill			$ 5,265,189		$ 5,265,189		$ 4,691,673
Acquisition-related costs			1,302	$ 3,145	5,967	$ 4,593
Other charges (recoveries)			9,742	$ 265	15,680	$ 1,098
Zix Corporation
Business Acquisition [Line Items]
Purchase consideration	$ 894,500
Cash consideration	18,600
Goodwill	585,443
Goodwill expected to be tax deductible	103,700
Acquired receivables, fair value	30,100
Acquired receivables, gross contractual amount	32,700
Acquired receivables, estimated uncollectible	$ 2,600
Acquisition-related costs			600		2,700
Pre-acquisition equity incentives, cost not yet recognized			26,600		$ 26,600
Period for recognition					2 years
Zix Corporation | Pre-acquisition equity incentives
Business Acquisition [Line Items]
Other charges (recoveries)			$ 9,600		$ 11,600
Bricata
Business Acquisition [Line Items]
Purchase consideration		$ 17,800

ACQUISITIONS - Acquisition of Z

ACQUISITIONS - Acquisition of Zix, Preliminary Purchase Price Allocation (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 23, 2021	Jun. 30, 2021
Business Acquisition [Line Items]
Goodwill	$ 5,265,189		$ 4,691,673
Zix Corporation
Business Acquisition [Line Items]
Current assets (inclusive of cash acquired of $38.3 million)		$ 76,170
Cash acquired		38,300
Non-current tangible assets		13,736
Liabilities assumed		(86,539)
Total identifiable net assets		309,017
Goodwill		585,443
Net assets acquired		894,460
Zix Corporation | Customer assets
Business Acquisition [Line Items]
Intangible assets		213,600
Zix Corporation | Technology assets
Business Acquisition [Line Items]
Intangible assets		$ 92,050

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	$ 4,129,825	$ 4,003,247	$ 4,099,453	$ 4,006,709
Ending balance	4,055,851	4,031,925	4,055,851	4,031,925
Accumulated  Other Comprehensive Income
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	31,349	66,476	66,238	17,825
Other comprehensive income (loss) before reclassifications, net of tax	(14,458)	(11,543)	(49,363)	37,408
Amounts reclassified into net income, net of tax	375	(859)	391	(1,159)
Total other comprehensive income (loss) net, for the period	(14,083)	(12,402)	(48,972)	36,249
Ending balance	17,266	54,074	17,266	54,074
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	43,969	81,678	75,408	32,968
Other comprehensive income (loss) before reclassifications, net of tax	(13,073)	(12,568)	(44,512)	36,142
Amounts reclassified into net income, net of tax	0	0	0	0
Total other comprehensive income (loss) net, for the period	(13,073)	(12,568)	(44,512)	36,142
Ending balance	30,896	69,110	30,896	69,110
Cash Flow Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(457)	2,007	830	(136)
Other comprehensive income (loss) before reclassifications, net of tax	648	681	(334)	3,608
Amounts reclassified into net income, net of tax	219	(1,108)	(86)	(1,892)
Total other comprehensive income (loss) net, for the period	867	(427)	(420)	1,716
Ending balance	410	1,580	410	1,580
Defined Benefit Pension Plans
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(12,163)	(17,209)	(10,000)	(15,007)
Other comprehensive income (loss) before reclassifications, net of tax	(2,033)	344	(4,517)	(2,342)
Amounts reclassified into net income, net of tax	156	249	477	733
Total other comprehensive income (loss) net, for the period	(1,877)	593	(4,040)	(1,609)
Ending balance	$ (14,040)	$ (16,616)	$ (14,040)	$ (16,616)

SUPPLEMENTAL CASH FLOW DISCLO_3

SUPPLEMENTAL CASH FLOW DISCLOSURES (Details) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Tax Examination [Line Items]
Cash paid during the period for interest	$ 115,097	$ 117,359
Cash received during the period for interest	2,382	3,116
Cash paid during the period for income taxes	$ 88,259	369,246
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, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Other Income and Expenses [Abstract]
Foreign exchange gains (losses)	$ (3,443)	$ (3,248)	$ (2,900)	$ (3,258)
OpenText share in net income of equity investees	27,746	11,765	59,103	20,020
Loss on extinguishment of debt	0	0	(27,413)	0
Other miscellaneous income (expense)	89	(234)	347	(345)
Total other income (expense), net	$ 24,392	$ 8,283	$ 29,137	$ 16,417

OTHER INCOME (EXPENSE), NET - A

OTHER INCOME (EXPENSE), NET - Additional information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Debt Instrument [Line Items]
Loss on extinguishment of debt	$ 0	$ 0	$ (27,413)	$ 0
Debt extinguishment costs (note 22)			24,969	$ 0
Senior Notes 2026 | Senior Notes
Debt Instrument [Line Items]
Loss on extinguishment of debt			(27,400)
Debt extinguishment costs (note 22)			25,000
Unamortized debt issuance costs			6,200
Unamortized premium			$ (3,800)
Minimum
Debt Instrument [Line Items]
Ownership percentage	4.00%		4.00%
Maximum
Debt Instrument [Line Items]
Ownership percentage	20.00%		20.00%

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, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Basic earnings per share
Net income attributable to OpenText	$ 74,681	$ 91,490	$ 294,894	$ 129,389
Basic earnings per share attributable to OpenText (in dollars per share)	$ 0.28	$ 0.34	$ 1.09	$ 0.47
Diluted earnings per share
Net income attributable to OpenText	$ 74,681	$ 91,490	$ 294,894	$ 129,389
Diluted earnings per share attributable to OpenText (in dollars per share)	$ 0.28	$ 0.33	$ 1.08	$ 0.47
Weighted-average number of shares outstanding (in '000's)
Basic (in shares)	270,693	272,832	271,623	272,414
Effect of dilutive securities (in shares)	518	1,092	816	898
Diluted (in shares)	271,211	273,924	272,439	273,312
Excluded as anti-dilutive (in shares)	5,271	3,691	4,264	4,222

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Director, Stephen Sadler
Related Party Transaction [Line Items]
Consultancy fees for business acquisition-related activities	$ 400	$ 32

SUBSEQUENT EVENT (Details)

SUBSEQUENT EVENT (Details) - $ / shares	May 03, 2022	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Subsequent Event [Line Items]
Dividends declared per common share (in dollars per share)		$ 0.2209	$ 0.2008	$ 0.6627	$ 0.5762
Subsequent Event
Subsequent Event [Line Items]
Dividends declared per common share (in dollars per share)	$ 0.2209

Uncategorized Items - otex-2022

Label	Element	Value
Accounting Standards Update [Extensible Enumeration]	us-gaap_AccountingStandardsUpdateExtensibleList	Accounting Standards Update 2016-13 [Member]