Open Text (OTEX) 10-K 4 Aug 22 2022 FY Annual report Financial data

COVER PAGE

COVER PAGE - USD ($) $ in Billions	12 Months Ended
	Jun. 30, 2022	Aug. 01, 2022	Dec. 31, 2021
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Jun. 30, 2022
Current Fiscal Year End Date	--06-30
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 Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
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
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 12.6
Entity Common Stock, Shares Outstanding		269,819,679
Documents Incorporated by Reference	None.
Entity Central Index Key	0001002638
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Amendment Flag	false

AUDIT INFORMATION

AUDIT INFORMATION	12 Months Ended
	Jun. 30, 2022
Audit Information [Abstract]
Auditor Name	KPMG LLP
Auditor Location	Toronto, Canada
Auditor Firm ID	85

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
ASSETS
Cash and cash equivalents	$ 1,693,741	$ 1,607,306
Accounts receivable trade, net of allowance for credit losses of $16,473 as of June 30, 2022 and $22,151 as of June 30, 2021 (Note 4)	426,652	438,547
Contract assets (Note 3)	26,167	25,344
Income taxes recoverable (Note 15)	18,255	32,312
Prepaid expenses and other current assets (Note 9)	120,552	98,551
Total current assets	2,285,367	2,202,060
Property and equipment (Note 5)	244,709	233,595
Operating lease right of use assets (Note 6)	198,132	234,532
Long-term contract assets (Note 3)	19,719	19,222
Goodwill (Note 7)	5,244,653	4,691,673
Acquired intangible assets (Note 8)	1,075,208	1,187,260
Deferred tax assets (Note 15)	810,154	796,738
Other assets (Note 9)	256,987	208,894
Long-term income taxes recoverable (Note 15)	44,044	35,362
Total assets	10,178,973	9,609,336
Current liabilities:
Accounts payable and accrued liabilities (Note 10)	448,607	423,592
Current portion of long-term debt (Note 11)	10,000	10,000
Operating lease liabilities (Note 6)	56,380	58,315
Deferred revenues (Note 3)	902,202	852,629
Income taxes payable (Note 15)	51,069	17,368
Total current liabilities	1,468,258	1,361,904
Long-term liabilities:
Accrued liabilities (Note 10)	18,208	28,830
Pension liability (Note 12)	60,951	74,511
Long-term debt (Note 11)	4,209,567	3,578,859
Long-term operating lease liabilities (Note 6)	198,695	224,453
Long-term deferred revenues (Note 3)	91,144	98,989
Long-term income taxes payable (Note 15)	34,003	34,113
Deferred tax liabilities (Note 15)	65,887	108,224
Total long-term liabilities	4,678,455	4,147,979
Shareholders’ equity:
Common shares	2,038,674	1,947,764
Accumulated other comprehensive income (loss) (Note 21)	(7,659)	66,238
Retained earnings	2,160,069	2,153,326
Treasury stock, at cost (3,706,420 and 1,567,664 shares at June 30, 2022 and June 30, 2021, respectively)	(159,966)	(69,386)
Total OpenText shareholders' equity	4,031,118	4,097,942
Non-controlling interests	1,142	1,511
Total shareholders’ equity	4,032,260	4,099,453
Total liabilities and shareholders’ equity	$ 10,178,973	$ 9,609,336

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Statement of Financial Position [Abstract]
Accounts receivable trade, allowance for credit losses	$ 16,473	$ 22,151
Common stock, shares issued (in shares)	269,522,639	271,540,755
Common stock, shares outstanding (in shares)	269,522,639	271,540,755
Treasury stock (in shares)	3,706,420	1,567,664

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Revenues (Note 3):
Total revenues	$ 3,493,844	$ 3,386,115	$ 3,109,736
Cost of revenues:
Amortization of acquired technology-based intangible assets (Note 8)	198,607	218,796	205,717
Total cost of revenues	1,062,201	1,034,466	1,003,775
Gross profit	2,431,643	2,351,649	2,105,961
Operating expenses:
Research and development	440,448	421,447	370,411
Sales and marketing	677,118	622,221	585,044
General and administrative	317,085	263,521	237,532
Depreciation	88,241	85,265	89,458
Amortization of acquired customer-based intangible assets (Note 8)	217,105	216,544	219,559
Special charges (recoveries) (Note 18)	46,873	1,748	100,428
Total operating expenses	1,786,870	1,610,746	1,602,432
Income from operations	644,773	740,903	503,529
Other income (expense), net (Note 23)	29,118	61,434	(11,946)
Interest and other related expense, net	(157,880)	(151,567)	(146,378)
Income before income taxes	516,011	650,770	345,205
Provision for income taxes (Note 15)	118,752	339,906	110,837
Net income	397,259	310,864	234,368
Net (income) loss attributable to non-controlling interests	(169)	(192)	(143)
Net income attributable to OpenText	$ 397,090	$ 310,672	$ 234,225
Earnings per share—basic attributable to OpenText (note 24) (in dollars per share)	$ 1.46	$ 1.14	$ 0.86
Earnings per share—diluted attributable to OpenText (note 24) (in dollars per share)	$ 1.46	$ 1.14	$ 0.86
Weighted average number of Common Shares outstanding—basic (in '000's) (in shares)	271,271	272,533	270,847
Weighted average number of Common Shares outstanding—diluted (in '000's) (in shares)	271,909	273,479	271,817
Cloud services and subscriptions
Revenues (Note 3):
Total revenues	$ 1,535,017	$ 1,407,445	$ 1,157,686
Cost of revenues:
Costs of revenues	511,713	481,818	449,940
Customer support
Revenues (Note 3):
Total revenues	1,330,965	1,334,062	1,275,586
Cost of revenues:
Costs of revenues	121,485	122,753	123,894
License
Revenues (Note 3):
Total revenues	358,351	384,711	402,851
Cost of revenues:
Costs of revenues	13,501	13,916	11,321
Professional service and other
Revenues (Note 3):
Total revenues	269,511	259,897	273,613
Cost of revenues:
Costs of revenues	$ 216,895	$ 197,183	$ 212,903

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Statement of Comprehensive Income [Abstract]
Net income	$ 397,259	$ 310,864	$ 234,368
Other comprehensive income (loss)—net of tax:
Net foreign currency translation adjustments	(78,724)	42,440	(7,784)
Unrealized gain (loss) on cash flow hedges:
Unrealized gain (loss) - net of tax expense (recovery	(1,859)	4,246	(1,662)
(Gain) loss reclassified into net income - net of tax (expense) recovery	373	(3,280)	985
Actuarial gain (loss) relating to defined benefit pension plans:
Actuarial gain (loss) - net of tax expense (recovery)	5,595	3,987	1,245
Amortization of actuarial (gain) loss into net income - net of tax (expense) recovery	718	1,020	917
Total other comprehensive income (loss) net	(73,897)	48,413	(6,299)
Total comprehensive income	323,362	359,277	228,069
Comprehensive (income) loss attributable to non-controlling interests	(169)	(192)
Total comprehensive income attributable to OpenText	$ 323,193	$ 359,085	$ 227,926

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Statement of Comprehensive Income [Abstract]
Unrealized gain (loss) on cash flow hedges, tax expense (recovery)	$ (671)	$ 1,532	$ (599)
(Gain) loss reclassified into net income, tax (expense) recovery	134	(1,182)	355
Actuarial gain (loss), tax expense (recovery)	1,866	990	1,219
Amortization of actuarial (gain) loss into net income, tax (expense) recovery	$ 290	$ 379	$ 520

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)	Total	Adjustment	Common Shares and Additional Paid in Capital	Treasury Stock	Retained Earnings	Retained Earnings Adjustment	Accumulated  Other Comprehensive Income	Non-Controlling Interests
Beginning balance (in shares) at Jun. 30, 2019				(803,000)
Beginning balance (in shares) at Jun. 30, 2019			269,834,000
Beginning balance at Jun. 30, 2019	$ 3,884,670,000		$ 1,774,214,000	$ (28,766,000)	$ 2,113,883,000		$ 24,124,000	$ 1,215,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of ASU 2016-13 - cumulative effect, net	Accounting Standards Update 2016-13 [Member]
Under employee stock option plans (in shares)			1,530,000
Under employee stock option plans	$ 41,282,000		$ 41,282,000
Under employee stock purchase plans (in shares)			499,000
Under employee stock purchase plans	17,757,000		$ 17,757,000
Share-based compensation	$ 29,532,000		29,532,000
Purchase of treasury stock (in shares)	(300,000)			(300,000)
Purchase of treasury stock	$ (12,424,000)			$ (12,424,000)
Issuance of treasury stock (in shares)	480,574			481,000
Issuance of treasury stock	$ 6,574,000		$ (11,008,000)	$ 17,582,000
Dividends declared	(188,712,000)				(188,712,000)
Other comprehensive income (loss) - net	(6,299,000)						(6,299,000)
Distribution to non-controlling interest	(39,000)							(39,000)
Net income	234,368,000				234,225,000			143,000
Ending balance (in shares) at Jun. 30, 2020				(622,000)
Ending balance (in shares) at Jun. 30, 2020			271,863,000
Ending balance at Jun. 30, 2020	4,006,709,000	$ (2,450,000)	$ 1,851,777,000	$ (23,608,000)	2,159,396,000	$ (2,450,000)	17,825,000	1,319,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Under employee stock option plans (in shares)			1,605,000
Under employee stock option plans	49,565,000		$ 49,565,000
Under employee stock purchase plans (in shares)			573,000	193,000
Under employee stock purchase plans	28,997,000		$ 22,307,000	$ 6,690,000
Share-based compensation	$ 51,969,000		51,969,000
Purchase of treasury stock (in shares)	(1,455,088)			(1,455,000)
Purchase of treasury stock	$ (64,847,000)			$ (64,847,000)
Issuance of treasury stock (in shares)	509,721			316,000
Issuance of treasury stock	$ 0		$ (12,379,000)	$ 12,379,000
Repurchase of Common Shares (in shares)			(2,500,000)
Repurchase of Common Shares	(119,105,000)		$ (15,475,000)		(103,630,000)
Dividends declared	(210,662,000)				(210,662,000)
Other comprehensive income (loss) - net	48,413,000						48,413,000
Net income	$ 310,864,000				310,672,000			192,000
Ending balance (in shares) at Jun. 30, 2021	1,567,664			(1,568,000)
Ending balance (in shares) at Jun. 30, 2021			271,541,000
Ending balance at Jun. 30, 2021	$ 4,099,453,000		$ 1,947,764,000	$ (69,386,000)	2,153,326,000		66,238,000	1,511,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Under employee stock option plans (in shares)	949,645		950,000
Under employee stock option plans	$ 32,714,000		$ 32,714,000
Under employee stock purchase plans (in shares)			842,000
Under employee stock purchase plans	33,806,000		$ 33,806,000
Share-based compensation	$ 69,556,000		69,556,000
Purchase of treasury stock (in shares)	(2,630,000)			(2,630,000)
Purchase of treasury stock	$ (111,593,000)			$ (111,593,000)
Issuance of treasury stock (in shares)	491,244			492,000
Issuance of treasury stock	$ 0		$ (21,013,000)	$ 21,013,000
Repurchase of Common Shares (in shares)			(3,810,000)
Repurchase of Common Shares	(176,987,000)		$ (24,295,000)		(152,692,000)
Dividends declared	(237,655,000)				(237,655,000)
Other comprehensive income (loss) - net	(73,897,000)						(73,897,000)
Distribution to non-controlling interest	(396,000)		$ 142,000					(538,000)
Net income	$ 397,259,000				397,090,000			169,000
Ending balance (in shares) at Jun. 30, 2022	3,706,420			(3,706,000)
Ending balance (in shares) at Jun. 30, 2022			269,523,000
Ending balance at Jun. 30, 2022	$ 4,032,260,000		$ 2,038,674,000	$ (159,966,000)	$ 2,160,069,000		$ (7,659,000)	$ 1,142,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Statement of Stockholders' Equity [Abstract]
Dividends declared per common share (in dollars per share)	$ 0.8836	$ 0.7770	$ 0.6984
Stock repurchase plan, shares repurchased (in shares)	3,706,420	1,567,664

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Cash flows from operating activities:
Net income		$ 397,259	$ 310,864	$ 234,368
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of intangible assets		503,953	520,605	514,734
Share-based compensation expense		69,556	51,969	29,532
Pension expense		6,606	6,616	5,802
Amortization of debt issuance costs		5,422	4,548	4,633
Write off of right of use assets		17,707	0	36,864
Loss on extinguishment of debt		27,413	0	17,854
Loss on sale and write down of property and equipment		294	2,771	9,714
Deferred taxes		(36,088)	73,039	51,388
Share in net (income) loss of equity investees		(58,702)	(62,897)	(8,700)
Changes in operating assets and liabilities:
Accounts receivable		81,841	60,954	84,499
Contract assets		(37,966)	(39,333)	(40,301)
Prepaid expenses and other current assets		(13,954)	37,733	(6,897)
Income taxes		34,589	(140,763)	(35,086)
Accounts payable and accrued liabilities		(24,177)	26,088	30,613
Deferred revenue		(5,236)	39,295	25,306
Other assets		17,297	11,914	1,127
Operating lease assets and liabilities, net		(4,004)	(27,283)	(914)
Net cash provided by operating activities		981,810	876,120	954,536
Cash flows from investing activities:
Additions of property and equipment		(93,109)	(63,675)	(72,709)
Purchase of Zix Corporation, net of cash acquired		(856,175)	0	0
Purchase of Bricata Inc.		(17,753)	0	0
Purchase of XMedius		0	444	(73,335)
Purchase of Carbonite, Inc., net of cash and restricted cash acquired		0	0	(1,305,097)
Purchase of Dynamic Solutions Group Inc.		0	(971)	(4,149)
Other investing activities		(3,922)	(4,568)	(14,127)
Net cash used in investing activities		(970,959)	(68,770)	(1,469,417)
Cash flows from financing activities:
Proceeds from issuance of Common Shares from exercise of stock options and ESPP		67,215	80,067	66,600
Proceeds from long-term debt and Revolver		1,500,000	0	3,150,000
Repayment of long-term debt and Revolver		(860,000)	(610,000)	(1,713,631)
Debt extinguishment costs		(24,969)	0	(11,248)
Debt issuance costs		(17,159)	0	(21,806)
Repurchase of Common Shares		(176,987)	(119,105)	0
Purchase of treasury stock		(111,593)	(64,847)	(12,424)
Distribution to non-controlling interest		(396)	0	0
Payments of dividends to shareholders		(237,655)	(210,662)	(188,712)
Net cash provided by (used in) financing activities		138,456	(924,547)	1,268,779
Foreign exchange gain (loss) on cash held in foreign currencies		(63,196)	29,734	(178)
Increase (decrease) in cash, cash equivalents and restricted cash during the year		86,111	(87,463)	753,720
Cash, cash equivalents and restricted cash at beginning of the year		1,609,800	1,697,263	943,543
Cash, cash equivalents and restricted cash at end of the year		1,695,911	1,609,800	1,697,263
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents		1,693,741	1,607,306	1,692,850
Restricted cash	[1]	2,170	2,494	4,413
Total cash, cash equivalents and restricted cash		$ 1,695,911	$ 1,609,800	$ 1,697,263
[1]Restricted cash is classified under the Prepaid expenses and other current assets and Other assets line items on the Consolidated Balance Sheets (Note 9).

BASIS OF PRESENTATION

BASIS OF PRESENTATION	12 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION The accompanying 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 June 30, 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 year ended June 30, 2022, the liquidation of GXS Singapore was completed. Throughout this Annual Report on Form 10-K: (i) the term “Fiscal 2023” means our fiscal year beginning on July 1, 2022 and ending June 30, 2023; (ii) the term “Fiscal 2022” means our fiscal year beginning on July 1, 2021 and ended June 30, 2022; (iii) the term “Fiscal 2021” means our fiscal year beginning on July 1, 2020 and ended June 30, 2021; (iv) the term “Fiscal 2020” means our fiscal year beginning on July 1, 2019 and ended June 30, 2020; (v) the term “Fiscal 2019” means our fiscal year beginning on July 1, 2018 and ended June 30, 2019; (vi) the term “Fiscal 2018” means our fiscal year beginning on July 1, 2017 and ended June 30, 2018; (vii) the term “Fiscal 2017” means our fiscal year beginning on July 1, 2016 and ended June 30, 2017; (viii) the term “Fiscal 2016” means our fiscal year beginning on July 1, 2015 and ended June 30, 2016; (ix) the term “Fiscal 2015” means our fiscal year beginning on July 1, 2014 and ended June 30, 2015; (x) the term “Fiscal 2014” means our fiscal year beginning on July 1, 2013 and ended June 30, 2014; and (xi) the term “Fiscal 2013” means our fiscal year beginning on July 1, 2012 and ended June 30, 2013. These 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 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 June 30, 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 I, Item 1A, “Risk Factors” within this Annual Report on Form 10-K.

ACCOUNTING POLICIES AND RECENT

ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS	12 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS	ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS Accounting Policies Cash and cash equivalents Cash and cash equivalents include balances with banks as well as deposits that have original terms to maturity of three months or less. Cash equivalents are recorded at cost and typically consist of term deposits, commercial paper, certificates of deposit and short-term interest-bearing investment-grade securities of major banks in the countries in which we operate. Accounts Receivable and Allowance for Credit Losses From time to time, we may sell certain accounts receivable to a financial institution on a non-recourse basis for cash, less a discount. Proceeds from the sale of receivables approximate their discounted book value and are included in operating cash flows on the Consolidated Statement of Cash Flows. In accordance with ASC Topic 326, “Financial Instruments - Credit Losses” (Topic 326), we recognize expected credit losses for accounts receivable and contract assets based on lifetime expected losses. We recognize a loss allowance using a collective assessment for accounts receivable, including contract assets, with similar risk characteristics based on historical credit loss experience, adjusted for forward-looking factors specific to the debtors and economic environment. We continue to maintain an allowance for 100% of all accounts deemed to be uncollectible. Customer creditworthiness is evaluated prior to order fulfillment and based on evaluations, we adjust our credit limit to the respective customer. In addition to these evaluations, we conduct on-going credit evaluations of our customers' payment history and current creditworthiness. To date, the actual losses have been within our expectations. No single customer accounted for more than 10% of the accounts receivable balance as of June 30, 2022 and 2021, respectively. Property and equipment Property and equipment are stated at the lower of cost or net realizable value and shown net of depreciation which is computed on a straight-line basis over the estimated useful lives of the related assets. Gains and losses on asset disposals are taken into income in the year of disposition. Fully depreciated property and equipment are retired from the Consolidated Balance Sheets when they are no longer in use. Please see the “Impairment of long-lived assets” section below for policy on property and equipment impairments. The following represents the estimated useful lives of property and equipment as of June 30, 2022: Furniture, equipment and other 5 to 15 years Computer hardware 3 to 5 years Computer software 3 to 7 years Capitalized software development costs 3 to 5 years Leasehold improvements Lesser of the lease term or 5 years Building 40 years Capitalized Software We capitalize software development costs in accordance with ASC Topic 350-40, “Internal-Use Software.” We capitalize costs for software to be used internally when we enter the application development stage. This occurs when we complete the preliminary project stage, management authorizes and commits to funding the project, and it is feasible that the project will be completed, and the software will perform the intended function. We cease to capitalize costs related to a software project when it enters the post-implementation and operation stage. If different determinations are made with respect to the state of development of a software project, then the amount capitalized and the amount charged to expense for that project could differ materially. Costs capitalized during the application development stage consist of payroll and related costs for employees who are directly associated with, and who devote time directly to, a project to develop software for internal use. We also capitalize the direct costs of materials and services, which generally includes outside contractors, and interest. We do not capitalize any general and administrative or overhead costs or costs incurred during the application development stage related to training or data conversion costs. Costs related to upgrades and enhancements to internal-use software, if those upgrades and enhancements result in additional functionality, are capitalized. If upgrades and enhancements do not result in additional functionality, those costs are expensed as incurred. If different determinations are made with respect to whether upgrades or enhancements to software projects would result in additional functionality, then the amount capitalized and the amount charged to expense for that project could differ materially. We amortize capitalized costs with respect to development projects for internal-use software when the software is ready for use. The capitalized software development costs are generally amortized using the straight-line method over a 3-to-5 year period. In determining and reassessing the estimated useful life over which the cost incurred for the software should be amortized, we consider the effects of obsolescence, technology, competition and other economic factors. If different determinations are made with respect to the estimated useful life of the software, the amount of amortization charged in a particular period could differ materially. As of June 30, 2022 and 2021 our capitalized software development costs were $149.1 million and $127.7 million, respectively. Our additions, relating to capitalized software development costs, incurred during Fiscal 2022 and Fiscal 2021 were $18.2 million and $15.4 million, respectively. 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. Leases with an initial term of 12 months or less are not recorded on the Consolidated Balance Sheets and we do not have any material finance leases. In accordance with ASC Topic 842, “Leases” (Topic 842), we account for a contract as a lease when we have the right to direct the use of the asset for a period of time while obtaining substantially all of the asset’s economic benefits. We determine the initial classification and measurement of our right of use (ROU) assets and lease liabilities at the lease commencement date and thereafter if modified. ROU assets represent our right to control the underlying assets under lease, and the lease liability is our obligation to make the lease payments related to the underlying assets under lease, over the contractual term. ROU assets and lease liabilities are recognized on the Consolidated Balance Sheets based on the present value of future minimum lease payments to be made over the lease term. When available, we will use the rate implicit in the lease to discount lease payments to present value. However, real estate leases generally do not provide a readily determinable implicit rate, therefore, we must estimate our incremental borrowing rate to discount the lease payments. We estimate our incremental borrowing rate based on a collateralized basis with similar terms and payments, in an economic environment where the leased asset is located. The ROU asset equals the lease liability, adjusted for any initial direct costs, prepaid rent and lease incentives on initial recognition. Fixed lease costs are included in the recognition of ROU assets and lease liabilities. Variable lease costs are not included in the measurement of the lease liability. These variable lease payments are recognized in the Consolidated Statements of Income in the period in which the obligation for those payments is incurred. Lease expense for minimum lease payments continues to be recognized in the Consolidated Statements of Income on a straight-line basis over the lease term. We have not elected the practical expedient to combine lease and non-lease components in the determination of lease costs for our facility leases. For all other asset classes, we have elected the practical expedient to combine the lease and the non-lease components. The lease liability includes lease payments related to options to extend or renew the lease term only if we are reasonably certain we will exercise those options. Our leases typically do not contain any material residual value guarantees or restrictive covenants. In certain circumstances, we sublease all or a portion of a leased facility to various other companies through a sublease agreement. Business combinations We apply the provisions of ASC Topic 805, “Business Combinations” (Topic 805), in the accounting for our acquisitions. It requires us to recognize separately from goodwill the assets acquired and the liabilities assumed at their acquisition date fair values. Goodwill as of the acquisition date is measured as the excess of consideration transferred over the net of the acquisition date fair values of the assets acquired and the liabilities assumed. While we use our best estimates and assumptions to accurately value assets acquired and liabilities, including contingent consideration where applicable, assumed at the acquisition date, our estimates are inherently uncertain and subject to refinement, particularly since these assumptions and estimates are based in part on historical experience and information obtained from the management of the acquired companies. As a result, during the measurement period, which may be up to one year from the acquisition date, we may record adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill in the period identified. Furthermore, when valuing certain intangible assets that we have acquired, critical estimates may be made relating to, but not limited to: (i) future expected cash flows from software license sales, cloud SaaS, "desktop as a service" (DaaS) and PaaS contracts, support agreements, consulting agreements and other customer contracts (ii) the acquired company's technology and competitive position, as well as assumptions about the period of time that the acquired technology will continue to be used in the combined company's product portfolio, and (iii) discount rates. Upon the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments would be recorded to our Consolidated Statements of Income. For a given acquisition, we may identify certain pre-acquisition contingencies as of the acquisition date and may extend our review and evaluation of these pre-acquisition contingencies throughout the measurement period in order to obtain sufficient information to assess whether we include these contingencies as a part of the purchase price allocation and, if so, to determine the estimated amounts. If we determine that a pre-acquisition contingency (non-income tax related) is probable in nature and estimable as of the acquisition date, we record our best estimate for such a contingency as a part of the preliminary purchase price allocation. We often continue to gather information and evaluate our pre-acquisition contingencies throughout the measurement period and if we make changes to the amounts recorded or if we identify additional pre-acquisition contingencies during the measurement period, such amounts will be included in the purchase price allocation during the measurement period and, subsequently, in our results of operations. Uncertain tax positions and tax related valuation allowances assumed in connection with a business combination are initially estimated as of the acquisition date. We review these items during the measurement period as we continue to actively seek and collect information relating to facts and circumstances that existed at the acquisition date. Changes to these uncertain tax positions and tax related valuation allowances made subsequent to the measurement period, or if they relate to facts and circumstances that did not exist at the acquisition date, are recorded in the "Provision for (recovery of) income taxes" line of our Consolidated Statements of Income. Goodwill Goodwill represents the excess of the purchase price in a business combination over the fair value of net tangible and intangible assets acquired. The carrying amount of goodwill is periodically reviewed for impairment (at a minimum annually) and whenever events or changes in circumstances indicate that the carrying value of this asset may not be recoverable. Our operations are analyzed by management and our chief operating decision maker (CODM) as being part of a single industry segment: the design, development, marketing and sales of Information Management software and solutions. Therefore, our goodwill impairment assessment is based on the allocation of goodwill to a single reporting unit. We perform a qualitative assessment to test our reporting unit's goodwill for impairment. Based on our qualitative assessment, if we determine that the fair value of our reporting unit is more likely than not (i.e., a likelihood of more than 50 percent) to be less than its carrying amount, the quantitative assessment of the impairment test is performed. In the quantitative assessment, we compare the fair value of our reporting unit to its carrying value. If the fair value of the reporting unit exceeds its carrying value, goodwill is not considered impaired and we are not required to perform further testing. If the carrying value of the net assets of our reporting unit exceeds its fair value, then an impairment loss equal to the difference, but not exceeding the total carrying value of goodwill allocated to the reporting unit, would be recorded. Our annual impairment analysis of goodwill was performed as of April 1, 2022. Our qualitative assessment indicated that there were no indications of impairment and therefore there was no impairment of goodwill required to be recorded for Fiscal 2022 (no impairments were recorded for Fiscal 2021 and Fiscal 2020, respectively). Acquired intangibles Acquired intangibles consist of acquired technology and customer relationships associated with various acquisitions. Acquired technology is initially recorded at fair value based on the present value of the estimated net future income-producing capabilities of software products acquired on acquisitions. We amortize acquired technology over its estimated useful life on a straight-line basis. Customer relationships represent relationships that we have with customers of the acquired companies and are either based upon contractual or legal rights or are considered separable; that is, capable of being separated from the acquired entity and being sold, transferred, licensed, rented or exchanged. These customer relationships are initially recorded at their fair value based on the present value of expected future cash flows. We amortize customer relationships on a straight-line basis over their estimated useful lives. We continually evaluate the remaining estimated useful life of our intangible assets being amortized to determine whether events and circumstances warrant a revision to the remaining period of amortization. Impairment of long-lived assets We account for the impairment and disposition of long-lived assets in accordance with ASC Topic 360, “Property, Plant, and Equipment” (Topic 360). We test long-lived assets or asset groups, such as property and equipment, ROU assets and definite lived intangible assets, for recoverability when events or changes in circumstances indicate that their carrying amount may not be recoverable. Circumstances which could trigger a review include, but are not limited to: significant adverse changes in the business climate or legal factors; current period cash flow or operating losses combined with a history of losses or a forecast of continuing losses associated with the use of the asset; and a current expectation that the asset will more likely than not be sold or disposed of before the end of its estimated useful life. Recoverability is assessed based on comparing the carrying amount of the asset to the aggregate pre-tax undiscounted cash flows expected to result from the use and eventual disposal of the asset or asset group. Impairment is recognized when the carrying amount is not recoverable and exceeds the fair value of the asset or asset group. The impairment loss, if any, is measured as the amount by which the carrying amount exceeds fair value, which for this purpose is based upon the discounted projected future cash flows of the asset or asset group. We have not recorded any significant impairment charges for long-lived assets during Fiscal 2022, Fiscal 2021 and Fiscal 2020, respectively. Derivative financial instruments We use derivative financial instruments to manage foreign currency rate risk. We account for these instruments in accordance with ASC Topic 815, “Derivatives and Hedging” (Topic 815), which requires that every derivative instrument be recorded on the balance sheet as either an asset or liability measured at its fair value as of the reporting date. Topic 815 also requires that changes in our derivative financial instruments' fair values be recognized in earnings; unless specific hedge accounting and documentation criteria are met (i.e., the instruments are accounted for as hedges). We recorded the effective portions of the gain or loss on derivative financial instruments that were designated as cash flow hedges in "Accumulated other comprehensive income (loss)", net of tax, in our accompanying Consolidated Balance Sheets. Any ineffective or excluded portion of a designated cash flow hedge, if applicable, was recognized in our Consolidated Statements of Income. Asset retirement obligations We account for asset retirement obligations in accordance with ASC Topic 410, “Asset Retirement and Environmental Obligations” (Topic 410), which applies to certain obligations associated with “leasehold improvements” within our leased office facilities. Topic 410 requires that a liability be initially recognized for the estimated fair value of the obligation when it is incurred. The associated asset retirement cost is capitalized as part of the carrying amount of the long-lived asset and depreciated over the remaining life of the underlying asset and the associated liability is accreted to the estimated fair value of the obligation at the settlement date through periodic accretion charges which are generally recorded within "General and administrative" expense in our Consolidated Statements of Income. When the obligation is settled, any difference between the final cost and the recorded amount is recognized as income or loss on settlement in our Consolidated Statements of Income. Revenue recognition In accordance with ASC Topic 606, we account for a customer contract when we obtain written approval, the contract is committed, the rights of the parties, including the payment terms, are identified, the contract has commercial substance and consideration is probable of collection. Revenue is recognized when, or as, control of a promised product or service is transferred to our customers in an amount that reflects the consideration we expect to be entitled to in exchange for our products and services (at its transaction price). Estimates of variable consideration and the determination of whether to include estimated amounts in the transaction price are based on readily available information, which may include historical, current and forecasted information, taking into consideration the type of customer, the type of transaction and specific facts and circumstances of each arrangement. We report revenue net of any revenue-based taxes assessed by governmental authorities that are imposed on and concurrent with specific revenue producing transactions. We have four revenue streams: cloud services and subscriptions, customer support, license, and professional service and other. Cloud services and subscriptions revenue Cloud services and subscriptions revenue are from hosting arrangements where in connection with the licensing of software, the end user does not take possession of the software, as well as from end-to-end fully outsourced B2B integration solutions to our customers (collectively referred to as cloud arrangements). The software application resides on our hardware or that of a third party, and the customer accesses and uses the software on an as-needed basis. Our cloud arrangements can be broadly categorized as PaaS, SaaS, cloud subscriptions and managed services. PaaS/ SaaS/ Cloud Subscriptions (collectively referred to here as cloud-based solutions): We offer cloud-based solutions that provide customers the right to access our software through the internet. Our cloud-based solutions represent a series of distinct services that are substantially the same and have the same pattern of transfer to the customer. These services are made available to the customer continuously throughout the contractual period. However, the extent to which the customer uses the services may vary at the customer’s discretion. The payment for cloud-based solutions may be received either at inception of the arrangement, or over the term of the arrangement. These cloud-based solutions are considered to have a single performance obligation where the customer simultaneously receives and consumes the benefit, and as such we recognize revenue for these cloud-based solutions ratably over the term of the contractual agreement. For example, revenue related to cloud-based solutions that are provided on a usage basis, such as the number of users, is recognized based on a customer’s utilization of the services in a given period. Additionally, a software license is present in a cloud-based solutions arrangement if all of the following criteria are met: (i) The customer has the contractual right to take possession of the software at any time without significant penalty; and (ii) It is feasible for the customer to host the software independent of us. In these cases where a software license is present in a cloud-based solutions arrangement it is assessed to determine if it is distinct from the cloud-based solutions arrangement. The revenue allocated to the distinct software license would be recognized at the point in time the software license is transferred to the customer, whereas the revenue allocated to the hosting performance obligation would be recognized ratably on a monthly basis over the contractual term unless evidence suggests that revenue is earned, or obligations are fulfilled in a different pattern over the contractual term of the arrangement. Managed services: We provide comprehensive B2B process outsourcing services for all day-to-day operations of a customers’ B2B integration program. Customers using these managed services are not permitted to take possession of our software and the contract is for a defined period, where customers pay a monthly or quarterly fee. Our performance obligation is satisfied as we provide services of operating and managing a customer's EDI environment. Revenue relating to these services is recognized using an output method based on the expected level of service we will provide over the term of the contract. In connection with cloud subscription and managed service contracts, we often agree to perform a variety of services before the customer goes live, such as, converting and migrating customer data, building interfaces and providing training. These services are considered an outsourced suite of professional services which can involve certain project-based activities. These services can be provided at the initiation of a contract, during the implementation or on an ongoing basis as part of the customer life cycle. These services can be charged separately on a fixed fee or time and materials basis, or the costs associated may be recovered as part of the ongoing cloud subscription or managed services fee. These outsourced professional services are considered to be distinct from the ongoing hosting services and represent a separate performance obligation within our cloud subscription or managed services arrangements. The obligation to provide outsourced professional services is satisfied over time, with the customer simultaneously receiving and consuming the benefits as we satisfy our performance obligations. For outsourced professional services, we recognize revenue by measuring progress toward the satisfaction of our performance obligation. Progress for services that are contracted for a fixed price is generally measured based on hours incurred as a portion of total estimated hours. As a practical expedient, when we invoice a customer at an amount that corresponds directly with the value to the customer of our performance to date, we recognize revenue at that amount. Customer support revenue Customer support revenue is associated with perpetual, term license and off-cloud subscription arrangements. As customer support is not critical to the customer's ability to derive benefit from its right to use our software, customer support is considered as a distinct performance obligation when sold together in a bundled arrangement along with the software. Customer support consists primarily of technical support and the provision of unspecified updates and upgrades on a when-and-if-available basis. Customer support for perpetual licenses is renewable, generally on an annual basis, at the option of the customer. Customer support for term and subscription licenses is renewable concurrently with such licenses for the same duration of time. Payments for customer support are generally made at the inception of the contract term or in installments over the term of the maintenance period. Our customer support team is ready to provide these maintenance services, as needed, to the customer during the contract term. As the elements of customer support are delivered concurrently and have the same pattern of transfer, customer support is accounted for as a single performance obligation. The customer benefits evenly throughout the contract period from the guarantee that the customer support resources and personnel will be available to them, and that any unspecified upgrades or unspecified future products developed by us will be made available. Revenue for customer support is recognized ratably over the contract period based on the start and end dates of the maintenance term, in line with how we believe services are provided. License revenue Our license revenue can be broadly categorized as perpetual licenses, term licenses and subscription licenses, all of which are deployed on the customer’s premises (off-cloud). Perpetual licenses: We sell perpetual licenses which provide customers the right to use software for an indefinite period of time in exchange for a one-time license fee, which is generally paid at contract inception. Our perpetual licenses provide a right to use IP that is functional in nature and have significant stand-alone functionality. Accordingly, for perpetual licenses of functional IP, revenue is recognized at the point-in-time when control has been transferred to the customer, which normally occurs once software activation keys have been made available for download. Term licenses and Subscription licenses: We sell both term and subscription licenses which provide customers the right to use software for a specified period in exchange for a fee, which may be paid at contract inception or paid in installments over the period of the contract. Like perpetual licenses, both our term licenses and subscription licenses are functional IP that have significant stand-alone functionality. Accordingly, for both term and subscription licenses, revenue is recognized at the point-in-time when the customer is able to use and benefit from the software, which is normally once software activation keys have been made available for download at the commencement of the term. Professional service and other revenue Our professional services, when offered along with software licenses, consists primarily of technical services and training services. Technical services may include installation, customization, implementation or consulting services. Training services may include access to online modules or delivering a training package customized to the customer’s needs. At the customer’s discretion, we may offer one, all, or a mix of these services. Payment for professional services is generally a fixed fee or is a fee based on time and materials. Professional services can be arranged in the same contract as the software license or in a separate contract. As our professional services do not significantly change the functionality of the license and our customers can benefit from our professional services on their own or together with other readily available resources, we consider professional services as distinct within the context of the contract. Professional service revenue is recognized over time so long as: (i) the customer simultaneously receives and consumes the benefits as we perform them, (ii) our performance creates or enhances an asset the customer controls as we perform, and (iii) our performance does not create an asset with alternative use and we have enforceable right to payment. If all the above criteria are met, we use an input-based measure of progress for recognizing professional service revenue. For example, we may consider total labour hours incurred compared to total expected labour hours. As a practical expedient, when we invoice a customer at an amount that corresponds directly with the value to the customer of our performance to date, we will recognize revenue at that amount. Material rights To the extent that we grant our customer an option to acquire additional products or services in one of our arrangements, we will account for the option as a distinct performance obligation in the contract only if the option provides a material right to the customer that the customer would not receive without entering into the contract. For example, if we give the customer an option to acquire additional goods or services in the future at a price that is significantly lower than the current price, this would be a material right as it allows the customer to, in effect, pay in advance for the option to purchase future products or services. If a material right exists in one of our contracts, then revenue allocated to the option is deferred and we would recognize revenue only when those future products or services are transferred or when the option expires. Based on history, our contracts do not typically contain material rights and when they do, the material right is not significant to our Consolidated Financial Statements. Arrangements with multiple performance obligations Our contracts generally contain more than one of the products and services listed above. Determining whether goods and services are considered distinct performance obligations that should be accounted for separately or as a single performance obligation may require judgment, specifically when assessing whether both of the following two criteria are met: • the customer can benefit from the product or service either on its own or together with other resources that are readily available to the customer; and • our promise to transfer the product or service to the customer is separately identifiable from other promises in the contract. If these criteria are not met, we determine an appropriate measure of progress based on the nature of our overall promise for the single performance obligation. If these criteria are met, each product or service is separately accounted for as a distinct performance obligation and the total transaction price is allocated to each performance obligation on a relative SSP basis. Standalone selling price The SSP reflects the price we would charge for a specific product or service if it were sold separately in similar circumstances and to similar customers. In most cases we can establish the SSP based on observable data. We typically establish a narrow SSP range for our products and services and assess this range on a periodic basis or when material changes in facts and circumstances warrant a review. If the SSP is not directly observable, then we estimate the amount using either the expected cost plus a margin or residual approach. Estimating SSP requires judgment that could impact the amount and timing of revenue recognized. SSP is a formal process whereby management considers multiple factors including, but not limited to, geographic or regional specific factors, competitive positioning, internal costs, profit objectives, and pricing practices. Transaction Price Allocation In bundled arrangements, where we have more than one distinct perfor

REVENUES

REVENUES	12 Months Ended
	Jun. 30, 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: Year Ended June 30, 2022 2021 2020 Total Revenues by Geography: Americas (1) $ 2,187,629 $ 2,069,083 $ 1,903,650 EMEA (2) 1,026,201 1,031,607 942,281 Asia Pacific (3) 280,014 285,425 263,805 Total revenues $ 3,493,844 $ 3,386,115 $ 3,109,736 Total Revenues by Type of Performance Obligation: Recurring revenues (4) Cloud services and subscriptions revenue $ 1,535,017 $ 1,407,445 $ 1,157,686 Customer support revenue 1,330,965 1,334,062 1,275,586 Total recurring revenues $ 2,865,982 $ 2,741,507 $ 2,433,272 License revenue (perpetual, term and subscriptions) 358,351 384,711 402,851 Professional service and other revenue 269,511 259,897 273,613 Total revenues $ 3,493,844 $ 3,386,115 $ 3,109,736 Total Revenues by Timing of Revenue Recognition: Point in time $ 358,351 $ 384,711 $ 402,851 Over time (including professional service and other revenue) $ 3,135,493 $ 3,001,404 $ 2,706,885 Total revenues $ 3,493,844 $ 3,386,115 $ 3,109,736 ___________________________ (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 June 30, 2022 As of June 30, 2021 Short-term contract assets $ 26,167 $ 25,344 Long-term contract assets $ 19,719 $ 19,222 Short-term deferred revenues $ 902,202 $ 852,629 Long-term deferred revenues $ 91,144 $ 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 year ended June 30, 2022, we reclassified $37.1 million (year ended June 30, 2021 - $39.2 million) of contract assets to receivables as a result of the right to the transaction consideration becoming unconditional. During the year ended June 30, 2022, 2021 and 2020 respectively, there was no significant impairment loss recognized related to contract assets. We recognize deferred revenue when we have received consideration, or an amount of consideration is due from the customer for future obligations to transfer products or services. Our deferred revenues primarily relate to 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 year ended June 30, 2022 that was included in the deferred revenue balances at June 30, 2021 was $843 million (year ended June 30, 2021 and 2020 —$811 million and $631 million, respectively). 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, 2019: Capitalized costs to obtain a contract as of June 30, 2019 $ 48,284 New capitalized costs incurred 29,427 Amortization of capitalized costs (16,919) Adjustments on account of foreign exchange 371 Capitalized costs to obtain a contract as of June 30, 2020 61,163 New capitalized costs incurred 32,202 Amortization of capitalized costs (21,960) Adjustments on account of foreign exchange 1,495 Capitalized costs to obtain a contract as of June 30, 2021 72,900 New capitalized costs incurred 39,852 Amortization of capitalized costs (26,255) Impact of foreign exchange rate changes (3,935) Capitalized costs to obtain a contract as of June 30, 2022 $ 82,562 During the year ended June 30, 2022, 2021 and 2020 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 As of June 30, 2022, approximately $1.5 billion of revenue is expected to be recognized from remaining performance obligations on existing contracts. We expect to recognize approximately 45% of this amount over the next 12 months and the remaining balance substantially over the next three years thereafter. We apply the practical expedient and do not disclose performance obligations that have original expected durations of one year or less. Refer to Note 2 “Accounting Policies and Recent Accounting Pronouncements” for additional information on our revenue policy.

ALLOWANCE FOR CREDIT LOSSES

ALLOWANCE FOR CREDIT LOSSES	12 Months Ended
	Jun. 30, 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: Balance as of June 30, 2019 $ 17,011 Bad debt expense 11,461 Write-off /adjustments (7,566) Balance as of June 30, 2020 $ 20,906 Adoption of ASC Topic 326 - cumulative effect 3,025 Credit loss expense 7,132 Write-off /adjustments $ (8,912) Balance as of June 30, 2021 $ 22,151 Credit loss expense (recovery) (1,913) Write-off / adjustments (3,765) Balance as of June 30, 2022 $ 16,473 Included in accounts receivable are unbilled receivables in the amount of $47.9 million as of June 30, 2022 (June 30, 2021—$51.4 million). As of June 30, 2022, we have an allowance for credit losses of $0.7 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	12 Months Ended
	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	PROPERTY AND EQUIPMENT As of June 30, 2022 Cost Accumulated Net Furniture, equipment and other $ 52,381 $ (39,643) $ 12,738 Computer hardware 332,462 (226,341) 106,121 Computer software 142,094 (117,026) 25,068 Capitalized software development costs 149,053 (101,874) 47,179 Leasehold improvements 107,739 (86,514) 21,225 Land and buildings 49,011 (16,633) 32,378 Total $ 832,740 $ (588,031) $ 244,709 As of June 30, 2021 Cost Accumulated Net Furniture, equipment and other $ 41,074 $ (33,744) $ 7,330 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	12 Months Ended
	Jun. 30, 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 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: Year Ended June 30, 2022 2021 2020 Operating lease cost $ 62,401 $ 63,068 $ 68,705 Short-term lease cost 687 881 1,178 Variable lease cost 2,694 2,754 3,536 Sublease income (10,008) (6,469) (6,035) Total lease cost $ 55,774 $ 60,234 $ 67,384 The weighted average remaining lease term and discount rate for the periods indicated below were as follows: As of June 30, 2022 As of June 30, 2021 Weighted-average remaining lease term 6.13 years 6.47 years Weighted-average discount rate 2.95 % 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: Year Ended June 30, 2022 2021 2020 Cash paid for amounts included in the measurement of operating lease liabilities $ 70,611 $ 72,871 $ 71,900 Right of use assets obtained in exchange for new operating lease liabilities (1) (2) (3) $ 39,155 $ 82,718 $ 32,328 ___________________________ (1) The year ended June 30, 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 year ended June 30, 2021 excludes the release of $22.6 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 Consolidated Statements of Income. Please see Note 18 “Special Charges (Recoveries).” (3) The year ended June 30, 2020 excludes the impact of $60.1 million and $2.9 million of ROU assets acquired through the acquisitions of Carbonite and XMedius, respectively. Maturity of Lease Liabilities The following table presents the future minimum lease payments under our operating leases liabilities as of June 30, 2022: Fiscal years ending June 30, 2023 $ 62,833 2024 51,779 2025 42,433 2026 29,674 2027 27,181 Thereafter 64,279 Total lease payments $ 278,179 Less: Imputed interest (23,104) Total $ 255,075 Reported as: Current operating lease liabilities $ 56,380 Non-current operating lease liabilities 198,695 Total $ 255,075 Operating lease maturity amounts included in the table above do not include sublease income expected to be received under our various sublease agreements with third parties. Under the agreements initiated with third parties, we expect to receive sublease income of $12.1 million in Fiscal 2023 and $47.2 million thereafter.

GOODWILL

GOODWILL	12 Months Ended
	Jun. 30, 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: Balance as of June 30, 2020 $ 4,672,356 Adjustments relating to acquisitions prior to Fiscal 2021 that had open measurement periods (Note 19) (2,002) Impact of foreign exchange rate changes 21,319 Balance as of June 30, 2021 4,691,673 Acquisition of Zix Corporation (Note 19) 581,032 Acquisition of Bricata Inc. (Note 19) 9,643 Impact of foreign exchange rate changes (37,695) Balance as of June 30, 2022 $ 5,244,653

ACQUIRED INTANGIBLE ASSETS

ACQUIRED INTANGIBLE ASSETS	12 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
ACQUIRED INTANGIBLE ASSETS	ACQUIRED INTANGIBLE ASSETS As of June 30, 2022 Cost Accumulated Amortization Net Technology assets $ 999,032 $ (738,710) $ 260,322 Customer assets 1,595,219 (780,333) 814,886 Total $ 2,594,251 $ (1,519,043) $ 1,075,208 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 June 30, 2022 have been reduced to reflect the impact of intangible assets where the gross cost has become fully amortized during the year ended June 30, 2022. The impact of this resulted in a reduction of $91 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, 2023 $ 347,172 2024 267,276 2025 156,410 2026 113,164 2027 43,271 2028 and Thereafter 147,915 Total $ 1,075,208

PREPAID EXPENSES AND OTHER ASSE

PREPAID EXPENSES AND OTHER ASSETS	12 Months Ended
	Jun. 30, 2022
Other Assets [Abstract]
PREPAID EXPENSES AND OTHER ASSETS	PREPAID EXPENSES AND OTHER ASSETS Prepaid expenses and other current assets: As of June 30, 2022 As of June 30, 2021 Deposits and restricted cash $ 6,300 $ 3,027 Capitalized costs to obtain a contract 27,077 22,601 Short-term prepaid expenses and other current assets 87,175 72,923 Total $ 120,552 $ 98,551 Other assets: As of June 30, 2022 As of June 30, 2021 Deposits and restricted cash $ 6,462 $ 11,577 Capitalized costs to obtain a contract 55,484 50,299 Investments 173,205 121,777 Long-term prepaid expenses and other long-term assets 21,836 25,241 Total $ 256,987 $ 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 Consolidated Statements of Income (see Note 23 “Other Income (Expense), Net”). During the year ended June 30, 2022, our share of income (loss) from these investments was $58.7 million (year ended June 30, 2021 and 2020 — $62.9 million and $8.7 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	12 Months Ended
	Jun. 30, 2022
Accounts Payable and Accrued Liabilities [Abstract]
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	ACCOUNTS PAYABLE AND ACCRUED LIABILITIES Accounts payable and accrued liabilities: As of June 30, 2022 As of June 30, 2021 Accounts payable—trade $ 113,978 $ 57,500 Accrued salaries, incentives and commissions 193,421 214,884 Accrued liabilities 81,564 82,204 Accrued sales and other tax liabilities 20,423 31,583 Accrued interest on Senior Notes 31,813 31,161 Amounts payable in respect of restructuring and other special charges 3,589 4,396 Asset retirement obligations 3,819 1,864 Total $ 448,607 $ 423,592 Long-term accrued liabilities: As of June 30, 2022 As of June 30, 2021 Amounts payable in respect of restructuring and other special charges $ 5,702 $ 4,359 Other accrued liabilities 563 10,681 Asset retirement obligations 11,943 13,790 Total $ 18,208 $ 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 June 30, 2022, the present value of this obligation was $15.8 million (June 30, 2021—$15.7 million), with an undiscounted value of $16.4 million (June 30, 2021—$16.4 million).

LONG-TERM DEBT

LONG-TERM DEBT	12 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT As of June 30, 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 957,500 967,500 Total principal payments due 4,257,500 3,617,500 Premium on Senior Notes 2026 (1) — 4,070 Debt issuance costs (1) (37,933) (32,711) Total amount outstanding 4,219,567 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 $ 4,209,567 $ 3,578,859 ___________________________ (1) During the year ended June 30, 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 23 “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, 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 year ended June 30, 2022, we recorded interest expense of $16.1 million 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 year ended June 30, 2022, we recorded interest expense of $37.1 million relating to Senior Notes 2030 (year ended June 30, 2021 and 2020—$37.0 million and $13.7 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 year ended June 30, 2022, we recorded interest expense of $19.8 million 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 year ended June 30, 2022, we recorded interest expense of $34.9 million relating to Senior Notes 2028 (year ended June 30, 2021 and 2020—$34.8 million and $12.9 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 non-U.S. persons in offshore transactions pursuant to Regulation S under the Securities Act. Senior Notes 2026 had 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. 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 Consolidated Statements of Income. See Note 23 “Other Income (Expense), Net.” For the year ended June 30, 2022, we recorded interest expense of $21.9 million relating to Senior Notes 2026 (year ended June 30, 2021 and 2020—$49.9 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 June 30, 2022, the outstanding balance on the Term Loan B bears an interest rate of 2.81%. For more information regarding the impact and discontinuance 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 2022. 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 June 30, 2022, our consolidated net leverage ratio was 2.0:1. For the year ended June 30, 2022, we recorded interest expense of $19.7 million relating to Term Loan B (year ended June 30, 2021 and 2020—$18.6 million and $33.3 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 and discontinuance 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 2022. As of June 30, 2022, we had no outstanding balance under the Revolver (June 30, 2021—nil). For the year ended June 30, 2022 we did not record any interest expense relating to the Revolver (year ended June 30, 2021 and 2020—$3.6 million and $7.7 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 23 “Other Income (Expense), Net.”

PENSION PLANS AND OTHER POST RE

PENSION PLANS AND OTHER POST RETIREMENT BENEFITS	12 Months Ended
	Jun. 30, 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 June 30, 2022 and 2021: As of June 30, 2022 Total benefit Current portion of benefit obligation (1) Non-current portion of CDT defined benefit plan $ 24,562 $ 907 $ 23,655 GXS GER defined benefit plan 15,927 915 15,012 GXS PHP defined benefit plan 9,802 85 9,717 Other plans 13,189 622 12,567 Total $ 63,480 $ 2,529 $ 60,951 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 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 June 30, 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 June 30, 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 357 165 1,869 2,391 473 206 1,822 2,501 Interest cost 427 304 616 1,347 505 364 469 1,338 Benefits paid (830) (969) (253) (2,052) (800) (1,027) (19) (1,846) Actuarial (gain) loss (4,497) (4,718) (2,026) (11,241) (1,976) (1,118) (1,853) (4,947) Foreign exchange (gain) loss (3,760) (2,716) (1,377) (7,853) 1,812 1,331 284 3,427 Benefit obligation—end of period 24,562 15,927 9,802 50,291 32,865 23,861 10,973 67,699 Less: Current portion (907) (915) (85) (1,907) (880) (1,058) (42) (1,980) Non-current portion of benefit obligation $ 23,655 $ 15,012 $ 9,717 $ 48,384 $ 31,985 $ 22,803 $ 10,931 $ 65,719 The following are details of net pension expense relating to the following pension plans: Year Ended June 30, 2022 2021 2020 Pension expense: CDT GXS GER GXS PHP Total CDT GXS GER GXS PHP Total CDT GXS GER GXS PHP Total Service cost $ 357 $ 165 $ 1,869 $ 2,391 $ 473 $ 206 $ 1,822 $ 2,501 $ 572 $ 319 $ 1,247 $ 2,138 Interest cost 427 304 616 1,347 505 364 469 1,338 459 337 368 1,164 Amortization of actuarial (gains) losses 475 24 (89) 410 705 113 (1) 817 939 244 (288) 895 Net pension expense $ 1,259 $ 493 $ 2,396 $ 4,148 $ 1,683 $ 683 $ 2,290 $ 4,656 $ 1,970 $ 900 $ 1,327 $ 4,197 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 Consolidated Statements of Income. In determining the fair value of the pension plan benefit obligations as of June 30, 2022 and 2021, respectively, we used the following weighted-average key assumptions: As of June 30, 2022 As of June 30, 2021 CDT GXS GER GXS PHP CDT GXS GER GXS PHP Assumptions: Salary increases 2.20% 1.50% 6.00% 1.50% 1.50% 5.00% Pension increases 2.20% 1.50% N/A 1.50% 1.50% N/A Discount rate 3.39% 3.29% 6.50% 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 2023 $ 907 $ 915 $ 85 2024 942 937 122 2025 990 926 170 2026 1,030 920 179 2027 1,078 911 544 2028 to 2032 6,464 22,047 2,740 Total $ 11,411 $ 26,656 $ 3,840 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	12 Months Ended
	Jun. 30, 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 year ended June 30, 2022, pursuant to the Company’s dividend policy, we declared total non-cumulative dividends of $0.8836 per Common Share in the aggregate amount of $237.7 million, which we paid during the same period (year ended June 30, 2021 and 2020—$0.7770 and $0.6984 per Common Share, respectively, in the aggregate amount of $210.7 million and $188.7 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 year ended June 30, 2022, we repurchased 2,630,000 Common Shares on the open market at a cost of $111.6 million for potential settlement of awards under “Long-Term Incentive Plans” and “Restricted Share Units” or other plans as described below (year ended June 30, 2021 and 2020—1,455,088 and 300,000 Common Shares, respectively, at a cost of $64.8 million and $12.4 million, respectively). During the year ended June 30, 2022, we delivered to eligible participants 491,244 Common Shares that were purchased in the open market in connection with the settlement of awards and other plans (year ended June 30, 2021 and 2020—509,721 and 480,574 Common Shares, respectively). Share Repurchase Plan On November 5, 2020, the Board authorized a share repurchase plan (Fiscal 2021 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 (Fiscal 2022 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 year ended June 30, 2022, we repurchased and cancelled 3,809,559 Common Shares for $177.0 million (year ended June 30, 2021—2,500,000 Common Shares for $119.1 million). Share repurchases during the year ended June 30, 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: Year Ended June 30, 2022 2021 2020 Stock options $ 17,091 $ 15,639 $ 9,779 Performance Share Units (issued under LTIP) 13,844 9,898 5,997 Restricted Share Units (issued under LTIP) 7,799 7,358 5,943 Restricted Share Units (other) 20,859 10,561 174 Deferred Share Units (directors) 3,993 3,396 3,345 Employee Stock Purchase Plan 5,970 5,117 4,294 Total share-based compensation expense $ 69,556 $ 51,969 $ 29,532 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. Stock Option Plans A summary of stock options outstanding under our 2004 Stock Option Plan is set forth below. All numbers shown in the chart below have been adjusted, where applicable, to account for the two-for-one stock splits that occurred on October 22, 2003, February 18, 2014 and January 24, 2017. 2004 Stock Option Plan Date of inception Oct-04 Eligibility Eligible employees, as determined by the Board of Directors Options granted to date 40,901,917 Options exercised to date (21,747,774) Options cancelled to date (10,333,481) Options outstanding 8,820,662 Termination grace periods Immediately “for cause”; 90 days for any other reason; 180 days due to death Vesting schedule 25% per year, unless otherwise specified Exercise price range $22.87 - $52.62 Expiration dates 7/31/2022 - 5/06/2029 Summary of Outstanding Stock Options The following table summarizes information regarding stock options outstanding at June 30, 2022: Options Outstanding Options Exercisable Range of Exercise Prices Number of options Outstanding as of June 30, 2022 Weighted Weighted Number of options Exercisable as of June 30, 2022 Weighted $ 22.87 — $ 34.48 922,957 1.77 $ 32.04 874,366 $ 31.92 34.49 — 38.30 1,008,083 3.42 36.10 787,583 35.65 38.31 — 39.51 1,172,130 3.98 38.97 595,272 39.06 39.52 — 42.95 695,603 4.29 40.64 286,359 40.52 42.96 — 44.72 1,037,000 6.61 44.45 — — 44.73 — 45.40 307,375 4.60 44.99 156,375 44.99 45.41 — 46.88 2,177,724 5.11 45.81 124,809 45.81 46.89 — 52.11 579,750 6.08 50.03 68,125 48.24 52.12 — 52.62 920,040 6.11 52.62 — — $ 22.87 — $ 52.62 8,820,662 4.68 $ 42.74 2,892,889 $ 36.94 As of June 30, 2022, an aggregate of 8,820,662 options to purchase Common Shares were outstanding and an additional 9,594,844 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 year ended June 30, 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 2,553,060 48.20 Exercised (949,645) 34.45 Forfeited or expired (896,327) 43.75 Outstanding at June 30, 2022 8,820,662 $ 42.74 4.68 $ 7,111 Exercisable at June 30, 2022 2,892,889 $ 36.94 3.10 $ 6,902 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: Year Ended June 30, 2022 2021 2020 Weighted–average fair value of options granted $ 9.02 $ 8.45 $ 6.88 Weighted-average assumptions used: Expected volatility 26.39 % 26.26 % 22.63 % Risk–free interest rate 1.15 % 0.24 % 1.30 % Expected dividend yield 1.78 % 1.55 % 1.64 % Expected life (in years) 4.15 4.59 4.12 Forfeiture rate (based on historical rates) 7 % 7 % 7 % Average exercise share price $ 48.20 $ 45.76 $ 41.81 Performance Options During the year ended June 30, 2022, we granted no performance options (during the year ended June 30, 2021 and 2020, 750,000 and nil performance options, respectively). For the periods in which performance options were granted, as indicated, the weighted-average fair value of performance options and weighted-average assumptions estimated under the Monte Carlo pricing model were as follows: Year Ended June 30, 2021 Weighted–average fair value of options granted $ 10.18 Derived service period (in years) 1.80 Weighted-average assumptions used: Expected volatility 28.00 % Risk–free interest rate 0.42 % Expected dividend yield 1.70 % Average exercise share price $ 45.81 Summary of Stock Options and Performance Options As of June 30, 2022, the total compensation cost related to the unvested stock option awards not yet recognized was $40.1 million, which will be recognized over a weighted-average period of 2.8 years. The aggregate intrinsic value of options exercised during the year ended June 30, 2022 was $17.0 million (year ended June 30, 2021 and 2020—$25.0 million and $26.6 million, respectively). For the year ended June 30, 2022, cash in the amount of $32.7 million was received as the result of the exercise of options granted under share-based payment arrangements (year ended June 30, 2021 and 2020—$49.6 million and $41.3 million, respectively). The tax benefit realized by us during the year ended June 30, 2022 from the exercise of options eligible for a tax deduction was $2.8 million (year ended June 30, 2021 and 2020—$2.3 million and $1.9 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. 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 ASC 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 ASC Topic 718. As of June 30, 2022, the total expected compensation cost related to the unvested LTIP awards not yet recognized was $35.0 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 Annual Report on Form 10-K 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 delivering to eligible participants 349,792 Common Shares that were purchased in the open market 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. Performance Share Units (Issued Under LTIP) A summary of activity under our performance share units issued under long-term incentive plans for the year ended June 30, 2022 is as follows: Units Weighted-Average Weighted- Aggregate Intrinsic Value Outstanding at June 30, 2021 688,462 $ 47.96 1.73 $ 34,974 Granted (1) 349,210 71.84 Vested (1) (145,134) 30.39 Forfeited or expired (79,601) 63.02 Outstanding at June 30, 2022 812,937 $ 61.29 1.89 $ 30,762 __________________________ (1) Performance share units are earned based on market conditions and the actual number of performance units earned, if any, is dependent upon performance and may range from 0 to 200 percent. Performance share units granted and vested excludes 27,576 shares related to the performance unit payout under the LTIP 2021 plan. For the periods indicated, the weighted-average fair value of PSUs issued under LTIP, and weighted-average assumptions estimated under the Monte Carlo pricing model were as follows: Year Ended June 30, 2022 2021 2020 Weighted–average fair value of performance share units granted $69.78 - $75.15 $44.56 - $61.67 $41.55 - $54.47 Weighted-average assumptions used: Expected volatility 28.00 % 28.00 % 21.00 % Risk–free interest rate 0.45% - 0.71% 0.15% - 0.24% 1.35% - 1.59% Expected dividend yield 1.70% - 1.80% 1.70 % 1.70 % Expected life (in years) 3.10 3.09 3.08 Forfeiture rate (based on historical rates) 7 % 7 % 7 % Weighted–average fair value of performance share units vested $ 30.39 $ 25.76 $ 23.88 Aggregate intrinsic value of performance share units vested ($ in ‘000’s) $ 10,370 $ 4,286 $ 2,685 As of June 30, 2022, the total expected compensation cost related to the unvested PSU awards not yet recognized was $23.0 million, which is expected to be recognized over a weighted average period of 1.9 years. We expect to settle PSU awards in stock. Restricted Share Units (Issued Under LTIP) A summary of activity under our restricted share units issued under long-term incentive plans for the year ended June 30, 2022 is as follows: Units Weighted-Average Weighted- Aggregate Intrinsic Value Outstanding at June 30, 2021 615,160 $ 39.93 1.67 $ 31,250 Granted 246,980 49.91 Vested (177,082) 37.36 Forfeited or expired (73,315) 44.59 Outstanding at June 30, 2022 611,743 $ 44.14 1.62 $ 23,148 For the periods indicated, the weighted-average fair value and aggregate intrinsic value of RSUs (issued under LTIP) were as follows: Year Ended June 30, 2022 2021 2020 Weighted–average fair value of restricted share units granted $ 49.91 $ 43.39 $ 37.34 Weighted–average fair value of restricted share units vested $ 37.36 $ 32.93 $ 29.98 Aggregate intrinsic value of restricted share units vested ($ in 000’s) $ 9,139 $ 7,832 $ 8,184 As of June 30, 2022, the total expected compensation cost related to the unvested RSU awards not yet recognized was $11.9 million, which is expected to be recognized over a weighted average period of 1.3 years. We expect to settle RSU awards in stock. Restricted Share Units (Other) 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 year ended June 30, 2022, we granted RSUs through a special one-time grant for development, engagement and long-term retention to certain of our non-executive employees. RSUs (other) vest in tranches over a specified contract date, typically two A summary of activity under our restricted share units (other) issued for the year ended June 30, 2022 is as follows: Units Weighted-Average Weighted- Aggregate Intrinsic Value Outstanding at June 30, 2021 430,358 $ 45.73 2.50 $ 21,862 Granted 2,470,302 44.81 Vested (141,452) 45.73 Forfeited or expired (165,501) 45.05 Outstanding at June 30, 2022 2,593,707 $ 44.90 2.86 $ 98,146 For the periods indicated, the weighted-average fair value and intrinsic value of RSUs (other) were as follows: Year Ended June 30, 2022 2021 2020 Weighted–average fair value of restricted share units granted $ 44.81 $ 45.73 $ 46.29 Weighted–average fair value of restricted share units vested $ 45.73 $ — $ 34.31 Aggregate intrinsic value of restricted share units vested ($ in 000’s) $ 7,406 $ — $ 132 As of June 30, 2022, the total expected compensation cost related to the unvested RSU awards not yet recognized was $91.3 million, which is expected to be recognized over a weighted average period of 2.0 years. We expect to settle RSU awards in stock. During the year ended June 30, 2022, we delivered to eligible participants 141,452 Common Shares that were purchased in the open market in connection with the settlement of vested RSUs, at a cost of $5.9 million (year ended June 30, 2021 and 2020—nil and 3,334 Common Shares, respectively, with a cost of nil and $0.1 million). Deferred Share Units (DSUs) The deferred share units are granted to certain non-employee directors. DSUs are 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. A summary of activity under our deferred share units issued for the year ended June 30, 2022 is as follows: Units Weighted-Average Weighted- Aggregate Intrinsic Value Outstanding at June 30, 2021 (1) 806,363 $ 29.49 0.36 $ 40,963 Granted (2) 79,338 50.04 Outstanding at June 30, 2022 (2) 885,701 $ 31.49 0.36 $ 33,515 ______________________ (1) Includes 60,011 unvested DSUs. (2) Includes 55,520 unvested DSUs. For the periods indicated, the weighted-average fair value and intrinsic value of DSUs were as follows: Year Ended June 30, 2022 2021 2020 Weighted–average fair value of deferred share units granted $ 50.04 $ 40.15 $ 40.41 Weighted–average fair value of deferred share units vested $ 41.24 $ 41.48 $ 35.17 Aggregate intrinsic value of deferred share units vested ($ in 000’s) $ 4,133 $ 3,109 $ 3,929 During the year ended June 30, 2022, we did not deliver to any eligible participants any of our Common Shares that were purchased in the open market in connection with the settlement of vested DSUs (year ended June 30, 2021 and 2020—23,640 and nil Common Shares, respectively, with a cost of $1.1 million and nil, 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 year ended June 30, 2022, 931,036 Common Shares were eligible for issuance to employees enrolled in the ESPP (year ended June 30, 2021 and 2020—769,031 and 742,961 Common Shares, respectively).

GUARANTEES AND CONTINGENCIES

GUARANTEES AND CONTINGENCIES	12 Months Ended
	Jun. 30, 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 July 1, 2022 - July 1, 2023 - July 1, 2025 - July 1, 2027 Long-term debt obligations (1) $ 5,344,048 $ 168,919 $ 1,262,379 $ 263,500 $ 3,649,250 Purchase obligations for contracts not accounted for as lease obligations (2) 124,095 68,143 43,273 12,679 — $ 5,468,143 $ 237,062 $ 1,305,652 $ 276,179 $ 3,649,250 _________________________ (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 ASC 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 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 Annual Report on Form 10-K, 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 June 30, 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 June 30, 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 Consolidated Balance Sheets as of June 30, 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, and we are continuing to contest these reassessments. On June 30, 2022, we filed a notice of appeal with the Tax Court of Canada seeking to reverse all such reassessments (including any penalties) in full. 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 audited Fiscal 2017 on a basis that we strongly disagree with and are contesting. 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 are not required to provisionally pay any cash amounts to the CRA as a result of the reassessment in respect of Fiscal 2017 due to the utilization of available tax attributes; however, to the extent the CRA reassesses subsequent fiscal years on a similar basis, we expect to make certain minimum payments required under Canadian legislation, which may need to be provisionally made starting in Fiscal 2024 while the matter is in dispute. We will continue to vigorously contest the adjustments to our taxable income and any penalty and interest assessments, as well as any 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 Annual Report on Form 10-K, we have not recorded any accruals in respect of these reassessments or proposed reassessment in our 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 district 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 district 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 district 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 2022.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Jun. 30, 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 decreased to a provision of 23.0% for the year ended June 30, 2022, compared to a provision of 52.2% for the year ended June 30, 2021. Tax expense decreased from $339.9 million during the year ended June 30, 2021 to $118.8 million during the year ended June 30, 2022. This was primarily due to (i) a decrease of $300.6 million related to IRS settlements in Fiscal 2021, (ii) a decrease of $37.5 million related to lower net income before taxes, (iii) a decrease of $10.8 million related to passive income from foreign subsidiaries, (iv) a decrease of $9.6 million related to tax accruals on unremitted earnings and (v) a decrease of $8.0 million for BEAT. These were partially offset by (i) an increase of $94.3 million for changes in unrecognized tax benefits, (ii) a net increase of $46.8 million related to internal reorganizations and (iii) an increase of $3.5 million for change in valuation allowance. The remainder of the difference was due to normal course movements and non-material items. A reconciliation of the combined Canadian federal and provincial income tax rate with our effective income tax rate is as follows: Year Ended June 30, 2022 2021 2020 Expected statutory rate 26.50 % 26.50 % 26.50 % Expected provision for income taxes $ 136,743 $ 172,454 $ 91,479 Effect of foreign tax rate differences (4,578) (4,309) 218 Change in valuation allowance (2,444) (5,900) (222) Effect of permanent differences (12,710) (1,885) 1,215 Effect of changes in unrecognized tax benefits 8,130 (86,170) (19,284) Effect of withholding taxes 6,617 8,500 8,036 Effect of tax credits for research and development (12,330) (16,086) (14,947) Effect of accrual for undistributed earnings (6,343) 3,209 4,233 Effect of US BEAT — 7,967 41,207 Effect of CARES Act — — (7,009) Effect of IRS Settlement — 300,460 — Impact of internal reorganization of subsidiaries 13,077 (33,676) 451 Other Items (7,410) (4,658) 5,460 $ 118,752 $ 339,906 $ 110,837 The following is a geographical breakdown of income before the provision for income taxes: Year Ended June 30, 2022 2021 2020 Domestic income (loss) 435,355 462,315 241,862 Foreign income 80,656 188,455 103,343 Income before income taxes $ 516,011 $ 650,770 $ 345,205 The provision for (recovery of) income taxes consisted of the following: Year Ended June 30, 2022 2021 2020 Current income taxes (recoveries): Domestic 17,428 310,615 12,547 Foreign 137,412 (43,748) 46,902 154,840 266,867 59,449 Deferred income taxes (recoveries): Domestic 54,867 111,232 68,580 Foreign (90,955) (38,193) (17,192) (36,088) 73,039 51,388 Provision for (recovery of) income taxes $ 118,752 $ 339,906 $ 110,837 As of June 30, 2022, we have $325.1 million of domestic non-capital loss carryforwards. In addition, we have $746.0 million of foreign non-capital loss carryforwards, which includes $230.4 million of U.S. state loss carryforwards. $104.4 million of the foreign non-capital loss carryforwards have no expiry date, which includes $14.3 million of U.S. state loss carryforwards. The remainder of the domestic and foreign losses expire between 2023 and 2042. In addition, investment tax credits of $66 million will expire between 2028 and 2042. The primary components of the deferred tax assets and liabilities are as follows, for the periods indicated below: As of June 30, 2022 2021 Deferred tax assets Non-capital loss carryforwards 207,631 174,486 Capital loss carryforwards — 5,570 Capitalized scientific research and development expenses 121,771 85,553 Depreciation and amortization 314,168 391,974 Restructuring costs and other reserves 19,561 24,919 Capitalized inventory and intangible expenses 43,129 — Research and development and investment tax credits 104,183 97,157 Lease liabilities 40,486 40,598 Deferred revenue 9,288 11,388 Other 82,516 67,677 Total deferred tax asset $ 942,733 $ 899,322 Valuation allowance (73,965) (72,888) Deferred tax liabilities Right of use asset (31,452) (35,038) Other (93,049) (102,882) Deferred tax liabilities $ (124,501) $ (137,920) Net deferred tax asset $ 744,267 $ 688,514 Comprised of: Long-term assets 810,154 796,738 Long-term liabilities (65,887) (108,224) $ 744,267 $ 688,514 We believe that sufficient uncertainty exists regarding the realization of certain deferred tax assets that a valuation allowance is required. We continue to evaluate our taxable position quarterly and consider factors by taxing jurisdiction, including but not limited to factors such as estimated taxable income, any historical experience of losses for tax purposes and the future growth of OpenText. The aggregate changes in the balance of our gross unrecognized tax benefits (including interest and penalties) were as follows: Unrecognized tax benefits as of June 30, 2020 195,081 Increases on account of current year positions 1,279 Increases on account of prior year positions 773 Decreases due to settlements with tax authorities (158,070) Decreases due to lapses of statutes of limitations (2,314) Unrecognized tax benefits as of June 30, 2021 $ 36,749 Increases on account of current year positions 206 Increases on account of prior year positions 27,398 Decreases on account of prior year positions (694) Decreases due to settlements with tax authorities (3,830) Decreases due to lapses of statutes of limitations (5,703) Unrecognized tax benefits as of June 30, 2022 $ 54,126 Included in the above tabular reconciliation are unrecognized tax benefits of $23.4 million relating to tax attributes in which the unrecognized tax benefit has been recorded as a reduction to the deferred tax asset. The net unrecognized tax benefit excluding these deferred tax assets is $30.7 million as of June 30, 2022 (June 30, 2021—$29.9 million). We recognize interest expense and penalties related to income tax matters in income tax expense. For the year ended June 30, 2022, 2021 and 2020, respectively, we recognized the following amounts as income tax-related interest expense and penalties: Year Ended June 30, 2022 2021 2020 Interest expense $ 419 $ 44,657 $ 5,764 Penalties expense 1,739 1,125 327 Total $ 2,158 $ 45,782 $ 6,091 The following amounts have been accrued on account of income tax-related interest expense and penalties: As of June 30, 2022 As of June 30, 2021 Interest expense accrued (1) $ 4,821 $ 5,166 Penalties accrued (1) $ 3,569 $ 2,605 ___________________________________________ (1) These balances are primarily included within “Long-term income taxes payable” within the Consolidated Balance Sheets. We believe that it is reasonably possible that the gross unrecognized tax benefits, as of June 30, 2022, could decrease tax expense in the next 12 months by $4.8 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 France, South Africa, Switzerland, and the Philippines. On a quarterly basis we assess the status of these examinations and the potential for adverse outcomes to determine the adequacy of the provision for income and other taxes. Statements regarding the 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 June 30, 2022, we have recognized a provision of $19.9 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	12 Months Ended
	Jun. 30, 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 June 30, 2022 and 2021: June 30, 2022 June 30, 2021 Fair Market Measurements using: Fair Market Measurements using: Quoted prices Significant Significant 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) $ (892) $ — $ (892) $ — $ 1,131 $ — $ 1,131 $ — Total $ (892) $ — $ (892) $ — $ 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 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 June 30, 2022, the fair value was $2.8 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 year ended June 30, 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	12 Months Ended
	Jun. 30, 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 June 30, 2022, is recorded within “Accounts payable and accrued liabilities” and represents the net loss before tax effect that is expected to be reclassified from accumulated other comprehensive income (loss) into earnings with the next twelve months. As of June 30, 2022, the notional amount of forward contracts we held to sell U.S. dollars in exchange for Canadian dollars was $66.5 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 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 Consolidated Balance Sheets (see Note 16 “Fair Value Measurement”) As of June 30, 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) $ (892) $ 1,131 Effects of Derivative Instruments on Income and Other Comprehensive Income (OCI) (Loss) Year Ended June 30, 2022 Derivatives in Cash Flow Hedging Relationship Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion) Location of Gain or (Loss) Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Foreign currency forward contracts $ (2,530) Operating expenses $ (507) Year Ended June 30, 2021 Derivatives in Cash Flow Hedging Relationship Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion) Location of Gain or (Loss) Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Foreign currency forward contracts $ 5,778 Operating expenses $ 4,462 Year Ended June 30, 2020 Derivatives in Cash Flow Hedging Relationship Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion) Location of Gain or (Loss) Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Foreign currency forward contracts $ (2,261) Operating expenses $ (1,340)

SPECIAL CHARGES (RECOVERIES)

SPECIAL CHARGES (RECOVERIES)	12 Months Ended
	Jun. 30, 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. Year Ended June 30, 2022 2021 2020 Fiscal 2022 Restructuring Plan $ 25,778 $ — $ — COVID-19 Restructuring Plan (3,625) (8,929) 53,616 Fiscal 2020 Restructuring Plan (128) 3,669 26,680 Restructuring Plans prior to Fiscal 2020 Restructuring Plan (139) (53) 1,371 Acquisition-related costs 6,872 5,906 13,750 Other charges (recoveries) 18,115 1,155 5,011 Total $ 46,873 $ 1,748 $ 100,428 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 year ended June 30, 2022, we recognized cost of $23.5 million related to abandoned office space that have been early terminated or assigned to a third party, of which $17.8 million was related to the write-off of right of use assets. As of June 30, 2022, we expect total costs to be incurred in connection with the Fiscal 2022 Restructuring Plan to be approximately $32.0 million to $37.0 million, of which $25.8 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 Consolidated Balance Sheets, for the year ended June 30, 2022 is shown below. Fiscal 2022 Restructuring Plan Workforce reduction Facility charges Total Balance payable as of June 30, 2021 $ — $ — $ — Accruals and adjustments 2,138 5,690 7,828 Cash payments (1,117) (219) (1,336) Foreign exchange and other non-cash adjustments (32) (61) (93) Balance payable as of June 30, 2022 $ 989 $ 5,410 $ 6,399 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 year ended June 30, 2022, we recorded net recoveries of $3.6 million, related primarily to abandoned facilities. During the year ended June 30, 2021, we recorded net recoveries of $16.0 million, 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 $12.5 million, related to the reversal of lease liabilities (see Note 6 “Leases”), with the remainder related to other facility charges and recoveries. Additionally, during the year ended June 30, 2021, we incurred $7.1 million of charges related to abandoned facilities, workforce reductions and the write-off of fixed assets. Since the inception of the COVID-19 Restructuring Plan, $41.1 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 Consolidated Balance Sheets, for the year ended June 30, 2022 is shown below. COVID-19 Restructuring Plan Workforce reduction Facility charges Total Balance payable as of June 30, 2020 $ 5,172 $ 12,276 $ 17,448 Accruals and adjustments 1,983 (2,224) (241) Cash payments (7,172) (6,142) (13,314) Foreign exchange and other non-cash adjustments 272 100 372 Balance payable as of June 30, 2021 $ 255 $ 4,010 $ 4,265 Accruals and adjustments (101) (2,254) (2,355) Cash payments (144) (877) (1,021) Foreign exchange and other non-cash adjustments (10) 130 120 Balance payable as of June 30, 2022 $ — $ 1,009 $ 1,009 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 year ended June 30, 2022, we recorded immaterial charges and net recoveries of $0.1 million related to abandoned facilities and workforce reductions. During the year ended June 30, 2021, we recorded net recoveries of $13.5 million 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 $10.1 million related to the reversal of lease liabilities (see note 6 “Leases”), with the remainder related to other facility charges and recoveries. Additionally, during the year ended June 30, 2021, we recognized a net recovery of $17.2 million 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 Consolidated Balance Sheets, for the year ended June 30, 2022 is shown below. Fiscal 2020 Restructuring Plan Workforce reduction Facility charges Total Balance payable as of June 30, 2020 $ 1,576 $ 6,442 $ 8,018 Accruals and adjustments 11,444 (869) 10,575 Cash payments (10,828) (3,369) (14,197) Foreign exchange and other non-cash adjustments 25 (338) (313) Balance payable as of June 30, 2021 $ 2,217 $ 1,866 $ 4,083 Accruals and adjustments (226) 44 (182) Cash payments (1,864) (318) (2,182) Foreign exchange and other non-cash adjustments (127) 9 (118) Balance payable as of June 30, 2022 $ — $ 1,601 $ 1,601 Acquisition-related costs Acquisition-related costs, recorded within “Special charges (recoveries)” include direct costs of potential and completed acquisitions. Acquisition-related costs for the year ended June 30, 2022 were $6.9 million (year ended June 30, 2021 and 2020—$5.9 million and $13.8 million, respectively). Other charges (recoveries) For the year ended June 30, 2022, “Other charges” includes $15.4 million related to pre-acquisition equity incentives, which upon acquisition were replaced by equivalent value cash settlements (see Note 19 “Acquisitions”) and $2.7 million, respectively, related to other miscellaneous charges. For the year ended June 30, 2021, “Other charges” includes $1.2 million related to other miscellaneous charges. For the year ended June 30, 2020, "Other charges" includes $0.7 million relating to accelerated amortization associated with the abandonment of ROU assets and $4.3 million relating to other miscellaneous charges.

ACQUISITIONS

ACQUISITIONS	12 Months Ended
	Jun. 30, 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 June 30, 2022. In accordance with Topic 805, this acquisition was accounted for as a business combination. We believe the acquisition increases our position in the data protection, 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) $ 74,443 Non-current tangible assets 13,557 Intangible customer assets 212,400 Intangible technology assets 92,650 Liabilities assumed (79,621) Total identifiable net assets 313,429 Goodwill 581,032 Net assets acquired $ 894,461 The goodwill of $581.0 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 $28.4 million. The gross amount receivable was $32.7 million, of which $4.3 million is expected to be uncollectible. Acquisition-related costs for Zix included in “Special charges (recoveries)” in the Consolidated Financial Statements for the year ended June 30, 2022 were $2.9 million. Pre-acquisition equity incentives of $26.3 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, $15.4 million for the year ended June 30, 2022 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 year ended June 30, 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 year ended June 30, 2022. Pro forma results of operations for this acquisition have not been presented because they are not material to our consolidated results of operations. Fiscal 2020 Acquisitions Acquisition of XMedius On March 9, 2020, we acquired all of the equity interest in XMedius, a provider of secure information exchange and unified communication solutions, for $73.5 million, of which $0.7 million is currently unpaid in accordance with the terms of the purchase agreement. In accordance with Topic 805, this acquisition was accounted for as a business combination. We believe the acquisition complements our Customer Experience Management (CEM) and Business Network (BN) platforms. The results of operations of this acquisition have been consolidated with those of OpenText beginning March 9, 2020. Purchase Price Allocation The recognized amounts of identifiable assets acquired, and liabilities assumed, based upon their fair values as of March 9, 2020, are set forth below: Current assets $ 8,479 Non-current tangible assets 3,792 Intangible customer assets 35,910 Intangible technology assets 11,143 Liabilities assumed (34,602) Total identifiable net assets 24,722 Goodwill 48,823 Net assets acquired $ 73,545 The goodwill of $48.8 million is primarily attributable to the synergies expected to arise after the acquisition. Of this goodwill, $0.1 million was expected to be deductible for tax purposes. Included in total identifiable net assets is acquired deferred revenue with a fair value of $18.5 million, which represents our estimate of the fair value of the contractual obligations assumed based on a valuation. In arriving at this fair value, we reduced the acquired company’s original carrying value by $2.7 million. The fair value of current assets acquired includes accounts receivable with a fair value of $6.3 million. The gross amount receivable was $6.6 million, of which $0.3 million was expected to be uncollectible. The finalization of the above purchase price allocation during the year ended June 30, 2021 did not result in any significant changes to the preliminary amounts previously disclosed. Acquisition of Carbonite On December 24, 2019, we acquired all of the equity interest in Carbonite, a leading provider of cloud-based subscription backup, disaster recovery and endpoint security to SMB, consumers, and a wide variety of partners. Total consideration for Carbonite was $1.4 billion paid in cash (inclusive of cash acquired). In accordance with Topic 805, this acquisition was accounted for as a business combination. We believe the acquisition increases our position in the data protection and endpoint security space, further strengthens our cloud capabilities and opens a new route to connect with customers through Carbonite's marquee SMB and consumer channels and products. The results of operations of Carbonite have been consolidated with those of OpenText beginning December 24, 2019. Purchase Price Allocation The recognized amounts of identifiable assets acquired, and liabilities assumed, based upon their fair values as of December 24, 2019, are set forth below: Current assets (inclusive of cash acquired of $62.9 million) $ 127,532 Non-current tangible assets (inclusive of restricted cash acquired of $2.4 million) 105,742 Intangible customer assets 549,500 Intangible technology assets 290,000 Liabilities assumed (554,320) Total identifiable net assets 518,454 Goodwill 851,970 Net assets acquired $ 1,370,424 The goodwill of $852.0 million is primarily attributable to the synergies expected to arise after the acquisition. Of this goodwill, $6.9 million is expected to be deductible for tax purposes. Included in total identifiable net assets is acquired deferred revenue with a fair value of $171.0 million, which represents our estimate of the fair value of the contractual obligations assumed. In arriving at this fair value, we reduced the acquired company’s original carrying value by $74.7 million. The fair value of current assets acquired includes accounts receivable with a fair value of $45.7 million. The gross amount receivable was $47.1 million of which $1.4 million of this receivable was expected to be uncollectible. The finalization of the purchase price allocation completed during the year ended June 30, 2021 did not result in any significant changes to the preliminary amounts previously disclosed. Acquisition of Dynamic Solutions Group Inc. (The Fax Guys) On December 2, 2019, we acquired certain assets and assumed certain liabilities of The Fax Guys, for $5.1 million. During the year ended June 30, 2021, we paid consideration of $1.0 million which was previously accrued. In accordance with Topic 805, this acquisition was accounted for as a business combination. We believe this acquisition complements our Information Management portfolio. The results of operations of The Fax Guys have been consolidated with those of OpenText beginning December 2, 2019.

SEGMENT INFORMATION

SEGMENT INFORMATION	12 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION ASC Topic 280, “Segment Reporting” (Topic 280), establishes standards for reporting, by public business enterprises, information about operating segments, products and services, geographic areas and major customers. The method of determining what information, under Topic 280, to report is based on the way that an entity organizes operating segments for making operational decisions and how the entity’s management and CODM assess an entity’s financial performance. Our operations are analyzed by management and our CODM as being part of a single industry segment: the design, development, marketing and sale of Information Management software and solutions. The following table sets forth the distribution of revenues, by significant geographic area, for the periods indicated: Year Ended June 30, 2022 2021 2020 Revenues (1) : Canada $ 186,213 $ 166,430 $ 149,457 United States 1,968,597 1,870,620 1,719,877 United Kingdom 198,459 195,721 186,756 Germany 241,506 212,014 195,286 Rest of EMEA (2) 586,236 623,872 560,239 All other countries 312,833 317,458 298,121 Total revenues $ 3,493,844 $ 3,386,115 $ 3,109,736 ________________________________ (1) Total revenues by geographic area are determined based on the location of our direct customer. (2) EMEA primarily consists of countries in Europe, the Middle East and Africa. The following table sets forth the distribution of long-lived assets, representing property and equipment, ROU assets and intangible assets, by significant geographic area, as of the periods indicated below. As of June 30, 2022 As of June 30, 2021 Long-lived assets: Canada $ 339,793 $ 530,830 United States 1,003,803 868,376 United Kingdom 13,359 14,629 Germany 39,554 60,470 Rest of EMEA (1) 76,440 116,429 All other countries 45,100 64,653 Total $ 1,518,049 $ 1,655,387 _______________________________ (1) EMEA primarily consists of countries in Europe, the Middle East and Africa.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	12 Months Ended
	Jun. 30, 2022
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Foreign Currency Translation Adjustments Cash Flow Hedges Defined Benefit Pension Plans Accumulated Other Comprehensive Income (Loss) Balance as of June 30, 2019 $ 40,752 $ 541 $ (17,169) $ 24,124 Other comprehensive income (loss) before reclassifications, net of tax (7,784) (1,662) 1,245 (8,201) Amounts reclassified into net income, net of tax — 985 917 1,902 Total other comprehensive income (loss) net (7,784) (677) 2,162 (6,299) Balance as of June 30, 2020 32,968 (136) (15,007) 17,825 Other comprehensive income (loss) before reclassifications, net of tax 42,440 4,246 3,987 50,673 Amounts reclassified into net income, net of tax — (3,280) 1,020 (2,260) Total other comprehensive income (loss) net 42,440 966 5,007 48,413 Balance as of June 30, 2021 75,408 830 (10,000) 66,238 Other comprehensive income (loss) before reclassifications, net of tax (78,724) (1,859) 5,595 (74,988) Amounts reclassified into net income, net of tax — 373 718 1,091 Total other comprehensive income (loss) net (78,724) (1,486) 6,313 (73,897) Balance as of June 30, 2022 $ (3,316) $ (656) $ (3,687) $ (7,659)

SUPPLEMENTAL CASH FLOW DISCLOSU

SUPPLEMENTAL CASH FLOW DISCLOSURES	12 Months Ended
	Jun. 30, 2022
Supplemental Cash Flow Information [Abstract]
SUPPLEMENTAL CASH FLOW DISCLOSURES	SUPPLEMENTAL CASH FLOW DISCLOSURES Year Ended June 30, 2022 2021 2020 Cash paid during the period for interest $ 152,750 $ 147,996 $ 146,698 Cash received during the period for interest $ 4,637 $ 3,856 $ 11,768 Cash paid during the period for income taxes (1) $ 116,583 $ 400,137 $ 94,733 _____________________________ (1) Included for the year ended June 30, 2021 is cash paid of $299.6 million relating to settlements with the IRS. Please see Note 15 “Income Taxes” for additional details.

OTHER INCOME (EXPENSE), NET

OTHER INCOME (EXPENSE), NET	12 Months Ended
	Jun. 30, 2022
Other Income and Expenses [Abstract]
OTHER INCOME (EXPENSE), NET	OTHER INCOME (EXPENSE), NET Year Ended June 30, 2022 2021 2020 Foreign exchange gains (losses) $ (2,670) $ (1,273) $ (4,184) OpenText share in net income of equity investees (1) 58,702 62,897 8,700 Loss on debt extinguishment (2) (27,413) — (17,854) Other miscellaneous income (expense) 499 (190) 1,392 Total other income (expense), net $ 29,118 $ 61,434 $ (11,946) ____________________________ (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	12 Months Ended
	Jun. 30, 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. Year Ended June 30, 2022 2021 2020 Basic earnings per share Net income attributable to OpenText $ 397,090 $ 310,672 $ 234,225 Basic earnings per share attributable to OpenText $ 1.46 $ 1.14 $ 0.86 Diluted earnings per share Net income attributable to OpenText $ 397,090 $ 310,672 $ 234,225 Diluted earnings per share attributable to OpenText $ 1.46 $ 1.14 $ 0.86 Weighted-average number of shares outstanding (in '000's) Basic 271,271 272,533 270,847 Effect of dilutive securities 638 946 970 Diluted 271,909 273,479 271,817 Excluded as anti-dilutive (1) 4,927 4,147 3,001 ____________________________________ (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	12 Months Ended
	Jun. 30, 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 year ended June 30, 2022, Mr. Stephen Sadler, a member of the Board of Directors, earned $0.4 million (year ended June 30, 2021 and 2020 — $37 thousand and $0.7 million) in consulting fees from OpenText for assistance with acquisition-related business activities. Mr. Sadler abstained from voting on all transactions from which he would potentially derive consulting fees.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Jun. 30, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS Cash Dividends As part of our quarterly, non-cumulative cash dividend program, we declared, on August 3, 2022, a dividend of $0.24299 per Common Share. The record date for this dividend is September 2, 2022 and the payment date is September 23, 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.

ACCOUNTING POLICIES AND RECEN_2

ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS (Policies)	12 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Use of estimates	Use of estimates The preparation of financial statements in conformity with U.S. GAAP requires us to make certain estimates, judgments and assumptions that affect the amounts reported in the 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.
Cash and cash equivalents	Cash and cash equivalents Cash and cash equivalents include balances with banks as well as deposits that have original terms to maturity of three months or less. Cash equivalents are recorded at cost and typically consist of term deposits, commercial paper, certificates of deposit and short-term interest-bearing investment-grade securities of major banks in the countries in which we operate.
Accounts Receivable and Allowance for Credit Losses	Accounts Receivable and Allowance for Credit Losses From time to time, we may sell certain accounts receivable to a financial institution on a non-recourse basis for cash, less a discount. Proceeds from the sale of receivables approximate their discounted book value and are included in operating cash flows on the Consolidated Statement of Cash Flows. In accordance with ASC Topic 326, “Financial Instruments - Credit Losses” (Topic 326), we recognize expected credit losses for accounts receivable and contract assets based on lifetime expected losses. We recognize a loss allowance using a collective assessment for accounts receivable, including contract assets, with similar risk characteristics based on historical credit loss experience, adjusted for forward-looking factors specific to the debtors and economic environment. We continue to maintain an allowance for 100% of all accounts deemed to be uncollectible. Customer creditworthiness is evaluated prior to order fulfillment and based on evaluations, we adjust our credit limit to the respective customer. In addition to these evaluations, we conduct on-going credit evaluations of our customers' payment history and current creditworthiness. To date, the actual losses have been within our expectations. No single customer accounted for more than 10% of the accounts receivable balance as of June 30, 2022 and 2021, respectively.
Property and equipment	Property and equipmentProperty and equipment are stated at the lower of cost or net realizable value and shown net of depreciation which is computed on a straight-line basis over the estimated useful lives of the related assets. Gains and losses on asset disposals are taken into income in the year of disposition. Fully depreciated property and equipment are retired from the Consolidated Balance Sheets when they are no longer in use.
Capitalized Software	Capitalized Software We capitalize software development costs in accordance with ASC Topic 350-40, “Internal-Use Software.” We capitalize costs for software to be used internally when we enter the application development stage. This occurs when we complete the preliminary project stage, management authorizes and commits to funding the project, and it is feasible that the project will be completed, and the software will perform the intended function. We cease to capitalize costs related to a software project when it enters the post-implementation and operation stage. If different determinations are made with respect to the state of development of a software project, then the amount capitalized and the amount charged to expense for that project could differ materially. Costs capitalized during the application development stage consist of payroll and related costs for employees who are directly associated with, and who devote time directly to, a project to develop software for internal use. We also capitalize the direct costs of materials and services, which generally includes outside contractors, and interest. We do not capitalize any general and administrative or overhead costs or costs incurred during the application development stage related to training or data conversion costs. Costs related to upgrades and enhancements to internal-use software, if those upgrades and enhancements result in additional functionality, are capitalized. If upgrades and enhancements do not result in additional functionality, those costs are expensed as incurred. If different determinations are made with respect to whether upgrades or
Leases	Leases We enter into operating leases, both domestically and internationally, for certain facilities, automobiles, data centers and equipment for use in the ordinary course of business. Leases with an initial term of 12 months or less are not recorded on the Consolidated Balance Sheets and we do not have any material finance leases. In accordance with ASC Topic 842, “Leases” (Topic 842), we account for a contract as a lease when we have the right to direct the use of the asset for a period of time while obtaining substantially all of the asset’s economic benefits. We determine the initial classification and measurement of our right of use (ROU) assets and lease liabilities at the lease commencement date and thereafter if modified. ROU assets represent our right to control the underlying assets under lease, and the lease liability is our obligation to make the lease payments related to the underlying assets under lease, over the contractual term. ROU assets and lease liabilities are recognized on the Consolidated Balance Sheets based on the present value of future minimum lease payments to be made over the lease term. When available, we will use the rate implicit in the lease to discount lease payments to present value. However, real estate leases generally do not provide a readily determinable implicit rate, therefore, we must estimate our incremental borrowing rate to discount the lease payments. We estimate our incremental borrowing rate based on a collateralized basis with similar terms and payments, in an economic environment where the leased asset is located. The ROU asset equals the lease liability, adjusted for any initial direct costs, prepaid rent and lease incentives on initial recognition. Fixed lease costs are included in the recognition of ROU assets and lease liabilities. Variable lease costs are not included in the measurement of the lease liability. These variable lease payments are recognized in the Consolidated Statements of Income in the period in which the obligation for those payments is incurred. Lease expense for minimum lease payments continues to be recognized in the Consolidated Statements of Income on a straight-line basis over the lease term. We have not elected the practical expedient to combine lease and non-lease components in the determination of lease costs for our facility leases. For all other asset classes, we have elected the practical expedient to combine the lease and the non-lease components. The lease liability includes lease payments related to options to extend or renew the lease term only if we are reasonably certain we will exercise those options. Our leases typically do not contain any material residual value guarantees or restrictive covenants. In certain circumstances, we sublease all or a portion of a leased facility to various other companies through a sublease agreement.
Business combinations	Business combinations We apply the provisions of ASC Topic 805, “Business Combinations” (Topic 805), in the accounting for our acquisitions. It requires us to recognize separately from goodwill the assets acquired and the liabilities assumed at their acquisition date fair values. Goodwill as of the acquisition date is measured as the excess of consideration transferred over the net of the acquisition date fair values of the assets acquired and the liabilities assumed. While we use our best estimates and assumptions to accurately value assets acquired and liabilities, including contingent consideration where applicable, assumed at the acquisition date, our estimates are inherently uncertain and subject to refinement, particularly since these assumptions and estimates are based in part on historical experience and information obtained from the management of the acquired companies. As a result, during the measurement period, which may be up to one year from the acquisition date, we may record adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill in the period identified. Furthermore, when valuing certain intangible assets that we have acquired, critical estimates may be made relating to, but not limited to: (i) future expected cash flows from software license sales, cloud SaaS, "desktop as a service" (DaaS) and PaaS contracts, support agreements, consulting agreements and other customer contracts (ii) the acquired company's technology and competitive position, as well as assumptions about the period of time that the acquired technology will continue to be used in the combined company's product portfolio, and (iii) discount rates. Upon the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments would be recorded to our Consolidated Statements of Income. For a given acquisition, we may identify certain pre-acquisition contingencies as of the acquisition date and may extend our review and evaluation of these pre-acquisition contingencies throughout the measurement period in order to obtain sufficient information to assess whether we include these contingencies as a part of the purchase price allocation and, if so, to determine the estimated amounts. If we determine that a pre-acquisition contingency (non-income tax related) is probable in nature and estimable as of the acquisition date, we record our best estimate for such a contingency as a part of the preliminary purchase price allocation. We often continue to gather information and evaluate our pre-acquisition contingencies throughout the measurement period and if we make changes to the amounts recorded or if we identify additional pre-acquisition contingencies during the measurement period, such amounts will be included in the purchase price allocation during the measurement period and, subsequently, in our results of operations. Uncertain tax positions and tax related valuation allowances assumed in connection with a business combination are initially estimated as of the acquisition date. We review these items during the measurement period as we continue to actively seek and collect information relating to facts and circumstances that existed at the acquisition date. Changes to these uncertain tax positions and tax related valuation allowances made subsequent to the measurement period, or if they relate to facts and circumstances that did not exist at the acquisition date, are recorded in the "Provision for (recovery of) income taxes" line of our Consolidated Statements of Income.
Goodwill	Goodwill Goodwill represents the excess of the purchase price in a business combination over the fair value of net tangible and intangible assets acquired. The carrying amount of goodwill is periodically reviewed for impairment (at a minimum annually) and whenever events or changes in circumstances indicate that the carrying value of this asset may not be recoverable. Our operations are analyzed by management and our chief operating decision maker (CODM) as being part of a single industry segment: the design, development, marketing and sales of Information Management software and solutions. Therefore, our goodwill impairment assessment is based on the allocation of goodwill to a single reporting unit. We perform a qualitative assessment to test our reporting unit's goodwill for impairment. Based on our qualitative assessment, if we determine that the fair value of our reporting unit is more likely than not (i.e., a likelihood of more than 50 percent) to be less than its carrying amount, the quantitative assessment of the impairment test is performed. In the quantitative assessment, we compare the fair value of our reporting unit to its carrying value. If the fair value of the reporting unit exceeds its carrying value, goodwill is not considered impaired and we are not required to perform further testing. If the carrying value of the net assets of our reporting unit exceeds its fair value, then an impairment loss equal to the difference, but not exceeding the total carrying value of goodwill allocated to the reporting unit, would be recorded. Our annual impairment analysis of goodwill was performed as of April 1, 2022. Our qualitative assessment indicated that there were no indications of impairment and therefore there was no impairment of goodwill required to be recorded for Fiscal 2022 (no impairments were recorded for Fiscal 2021 and Fiscal 2020, respectively).
Acquired intangibles	Acquired intangibles Acquired intangibles consist of acquired technology and customer relationships associated with various acquisitions. Acquired technology is initially recorded at fair value based on the present value of the estimated net future income-producing capabilities of software products acquired on acquisitions. We amortize acquired technology over its estimated useful life on a straight-line basis. Customer relationships represent relationships that we have with customers of the acquired companies and are either based upon contractual or legal rights or are considered separable; that is, capable of being separated from the acquired entity and being sold, transferred, licensed, rented or exchanged. These customer relationships are initially recorded at their fair value based on the present value of expected future cash flows. We amortize customer relationships on a straight-line basis over their estimated useful lives. We continually evaluate the remaining estimated useful life of our intangible assets being amortized to determine whether events and circumstances warrant a revision to the remaining period of amortization.
Impairment of long-lived assets	Impairment of long-lived assets We account for the impairment and disposition of long-lived assets in accordance with ASC Topic 360, “Property, Plant, and Equipment” (Topic 360). We test long-lived assets or asset groups, such as property and equipment, ROU assets and definite lived intangible assets, for recoverability when events or changes in circumstances indicate that their carrying amount may not be recoverable. Circumstances which could trigger a review include, but are not limited to: significant adverse changes in the business climate or legal factors; current period cash flow or operating losses combined with a history of losses or a forecast of continuing losses associated with the use of the asset; and a current expectation that the asset will more likely than not be sold or disposed of before the end of its estimated useful life.
Derivative financial instruments	Derivative financial instruments We use derivative financial instruments to manage foreign currency rate risk. We account for these instruments in accordance with ASC Topic 815, “Derivatives and Hedging” (Topic 815), which requires that every derivative instrument be recorded on the balance sheet as either an asset or liability measured at its fair value as of the reporting date. Topic 815 also requires that changes in our derivative financial instruments' fair values be recognized in earnings; unless specific hedge accounting and documentation criteria are met (i.e., the instruments are accounted for as hedges). We recorded the effective portions of the gain or loss on derivative financial instruments that were designated as cash flow hedges in "Accumulated other comprehensive income (loss)", net of tax, in our accompanying Consolidated Balance Sheets. Any ineffective or excluded portion of a designated cash flow hedge, if applicable, was recognized in our Consolidated Statements of Income.
Asset retirement obligations	Asset retirement obligations We account for asset retirement obligations in accordance with ASC Topic 410, “Asset Retirement and Environmental Obligations” (Topic 410), which applies to certain obligations associated with “leasehold improvements” within our leased office facilities. Topic 410 requires that a liability be initially recognized for the estimated fair value of the obligation when it is incurred. The associated asset retirement cost is capitalized as part of the carrying amount of the long-lived asset and depreciated over the remaining life of the underlying asset and the associated liability is accreted to the estimated fair value of the obligation at the settlement date through periodic accretion charges which are generally recorded within "General and administrative" expense in our Consolidated Statements of Income. When the obligation is settled, any difference between the final cost and the recorded amount is recognized as income or loss on settlement in our Consolidated Statements of Income.
Revenue recognition	Revenue recognition In accordance with ASC Topic 606, we account for a customer contract when we obtain written approval, the contract is committed, the rights of the parties, including the payment terms, are identified, the contract has commercial substance and consideration is probable of collection. Revenue is recognized when, or as, control of a promised product or service is transferred to our customers in an amount that reflects the consideration we expect to be entitled to in exchange for our products and services (at its transaction price). Estimates of variable consideration and the determination of whether to include estimated amounts in the transaction price are based on readily available information, which may include historical, current and forecasted information, taking into consideration the type of customer, the type of transaction and specific facts and circumstances of each arrangement. We report revenue net of any revenue-based taxes assessed by governmental authorities that are imposed on and concurrent with specific revenue producing transactions. We have four revenue streams: cloud services and subscriptions, customer support, license, and professional service and other. Cloud services and subscriptions revenue Cloud services and subscriptions revenue are from hosting arrangements where in connection with the licensing of software, the end user does not take possession of the software, as well as from end-to-end fully outsourced B2B integration solutions to our customers (collectively referred to as cloud arrangements). The software application resides on our hardware or that of a third party, and the customer accesses and uses the software on an as-needed basis. Our cloud arrangements can be broadly categorized as PaaS, SaaS, cloud subscriptions and managed services. PaaS/ SaaS/ Cloud Subscriptions (collectively referred to here as cloud-based solutions): We offer cloud-based solutions that provide customers the right to access our software through the internet. Our cloud-based solutions represent a series of distinct services that are substantially the same and have the same pattern of transfer to the customer. These services are made available to the customer continuously throughout the contractual period. However, the extent to which the customer uses the services may vary at the customer’s discretion. The payment for cloud-based solutions may be received either at inception of the arrangement, or over the term of the arrangement. These cloud-based solutions are considered to have a single performance obligation where the customer simultaneously receives and consumes the benefit, and as such we recognize revenue for these cloud-based solutions ratably over the term of the contractual agreement. For example, revenue related to cloud-based solutions that are provided on a usage basis, such as the number of users, is recognized based on a customer’s utilization of the services in a given period. Additionally, a software license is present in a cloud-based solutions arrangement if all of the following criteria are met: (i) The customer has the contractual right to take possession of the software at any time without significant penalty; and (ii) It is feasible for the customer to host the software independent of us. In these cases where a software license is present in a cloud-based solutions arrangement it is assessed to determine if it is distinct from the cloud-based solutions arrangement. The revenue allocated to the distinct software license would be recognized at the point in time the software license is transferred to the customer, whereas the revenue allocated to the hosting performance obligation would be recognized ratably on a monthly basis over the contractual term unless evidence suggests that revenue is earned, or obligations are fulfilled in a different pattern over the contractual term of the arrangement. Managed services: We provide comprehensive B2B process outsourcing services for all day-to-day operations of a customers’ B2B integration program. Customers using these managed services are not permitted to take possession of our software and the contract is for a defined period, where customers pay a monthly or quarterly fee. Our performance obligation is satisfied as we provide services of operating and managing a customer's EDI environment. Revenue relating to these services is recognized using an output method based on the expected level of service we will provide over the term of the contract. In connection with cloud subscription and managed service contracts, we often agree to perform a variety of services before the customer goes live, such as, converting and migrating customer data, building interfaces and providing training. These services are considered an outsourced suite of professional services which can involve certain project-based activities. These services can be provided at the initiation of a contract, during the implementation or on an ongoing basis as part of the customer life cycle. These services can be charged separately on a fixed fee or time and materials basis, or the costs associated may be recovered as part of the ongoing cloud subscription or managed services fee. These outsourced professional services are considered to be distinct from the ongoing hosting services and represent a separate performance obligation within our cloud subscription or managed services arrangements. The obligation to provide outsourced professional services is satisfied over time, with the customer simultaneously receiving and consuming the benefits as we satisfy our performance obligations. For outsourced professional services, we recognize revenue by measuring progress toward the satisfaction of our performance obligation. Progress for services that are contracted for a fixed price is generally measured based on hours incurred as a portion of total estimated hours. As a practical expedient, when we invoice a customer at an amount that corresponds directly with the value to the customer of our performance to date, we recognize revenue at that amount. Customer support revenue Customer support revenue is associated with perpetual, term license and off-cloud subscription arrangements. As customer support is not critical to the customer's ability to derive benefit from its right to use our software, customer support is considered as a distinct performance obligation when sold together in a bundled arrangement along with the software. Customer support consists primarily of technical support and the provision of unspecified updates and upgrades on a when-and-if-available basis. Customer support for perpetual licenses is renewable, generally on an annual basis, at the option of the customer. Customer support for term and subscription licenses is renewable concurrently with such licenses for the same duration of time. Payments for customer support are generally made at the inception of the contract term or in installments over the term of the maintenance period. Our customer support team is ready to provide these maintenance services, as needed, to the customer during the contract term. As the elements of customer support are delivered concurrently and have the same pattern of transfer, customer support is accounted for as a single performance obligation. The customer benefits evenly throughout the contract period from the guarantee that the customer support resources and personnel will be available to them, and that any unspecified upgrades or unspecified future products developed by us will be made available. Revenue for customer support is recognized ratably over the contract period based on the start and end dates of the maintenance term, in line with how we believe services are provided. License revenue Our license revenue can be broadly categorized as perpetual licenses, term licenses and subscription licenses, all of which are deployed on the customer’s premises (off-cloud). Perpetual licenses: We sell perpetual licenses which provide customers the right to use software for an indefinite period of time in exchange for a one-time license fee, which is generally paid at contract inception. Our perpetual licenses provide a right to use IP that is functional in nature and have significant stand-alone functionality. Accordingly, for perpetual licenses of functional IP, revenue is recognized at the point-in-time when control has been transferred to the customer, which normally occurs once software activation keys have been made available for download. Term licenses and Subscription licenses: We sell both term and subscription licenses which provide customers the right to use software for a specified period in exchange for a fee, which may be paid at contract inception or paid in installments over the period of the contract. Like perpetual licenses, both our term licenses and subscription licenses are functional IP that have significant stand-alone functionality. Accordingly, for both term and subscription licenses, revenue is recognized at the point-in-time when the customer is able to use and benefit from the software, which is normally once software activation keys have been made available for download at the commencement of the term. Professional service and other revenue Our professional services, when offered along with software licenses, consists primarily of technical services and training services. Technical services may include installation, customization, implementation or consulting services. Training services may include access to online modules or delivering a training package customized to the customer’s needs. At the customer’s discretion, we may offer one, all, or a mix of these services. Payment for professional services is generally a fixed fee or is a fee based on time and materials. Professional services can be arranged in the same contract as the software license or in a separate contract. As our professional services do not significantly change the functionality of the license and our customers can benefit from our professional services on their own or together with other readily available resources, we consider professional services as distinct within the context of the contract. Professional service revenue is recognized over time so long as: (i) the customer simultaneously receives and consumes the benefits as we perform them, (ii) our performance creates or enhances an asset the customer controls as we perform, and (iii) our performance does not create an asset with alternative use and we have enforceable right to payment. If all the above criteria are met, we use an input-based measure of progress for recognizing professional service revenue. For example, we may consider total labour hours incurred compared to total expected labour hours. As a practical expedient, when we invoice a customer at an amount that corresponds directly with the value to the customer of our performance to date, we will recognize revenue at that amount. Material rights To the extent that we grant our customer an option to acquire additional products or services in one of our arrangements, we will account for the option as a distinct performance obligation in the contract only if the option provides a material right to the customer that the customer would not receive without entering into the contract. For example, if we give the customer an option to acquire additional goods or services in the future at a price that is significantly lower than the current price, this would be a material right as it allows the customer to, in effect, pay in advance for the option to purchase future products or services. If a material right exists in one of our contracts, then revenue allocated to the option is deferred and we would recognize revenue only when those future products or services are transferred or when the option expires. Based on history, our contracts do not typically contain material rights and when they do, the material right is not significant to our Consolidated Financial Statements. Arrangements with multiple performance obligations Our contracts generally contain more than one of the products and services listed above. Determining whether goods and services are considered distinct performance obligations that should be accounted for separately or as a single performance obligation may require judgment, specifically when assessing whether both of the following two criteria are met: • the customer can benefit from the product or service either on its own or together with other resources that are readily available to the customer; and • our promise to transfer the product or service to the customer is separately identifiable from other promises in the contract. If these criteria are not met, we determine an appropriate measure of progress based on the nature of our overall promise for the single performance obligation. If these criteria are met, each product or service is separately accounted for as a distinct performance obligation and the total transaction price is allocated to each performance obligation on a relative SSP basis. Standalone selling price The SSP reflects the price we would charge for a specific product or service if it were sold separately in similar circumstances and to similar customers. In most cases we can establish the SSP based on observable data. We typically establish a narrow SSP range for our products and services and assess this range on a periodic basis or when material changes in facts and circumstances warrant a review. If the SSP is not directly observable, then we estimate the amount using either the expected cost plus a margin or residual approach. Estimating SSP requires judgment that could impact the amount and timing of revenue recognized. SSP is a formal process whereby management considers multiple factors including, but not limited to, geographic or regional specific factors, competitive positioning, internal costs, profit objectives, and pricing practices. Transaction Price Allocation In bundled arrangements, where we have more than one distinct performance obligation, we must allocate the transaction price to each performance obligation based on its relative SSP. However, in certain bundled arrangements, the SSP may not always be directly observable. For instance, in bundled arrangements with license and customer support, we allocate the transaction price between the license and customer support performance obligations using the residual approach because we have determined that the SSP for licenses in these arrangements are highly variable. We use the residual approach only for our license arrangements. When the SSP is observable but contractual pricing does not fall within our established SSP range, then an adjustment is required, and we will allocate the transaction price between license and customer support at a constant ratio reflecting the mid-point of the established SSP range. When two or more contracts are entered into at or near the same time with the same customer, we evaluate the facts and circumstances associated with the negotiation of those contracts. Where the contracts are negotiated as a package, we will account for them as a single arrangement and allocate the consideration for the combined contracts among the performance obligations accordingly. Sales to resellers We execute certain sales contracts through resellers, distributors and channel partners (collectively referred to as resellers). Typically, we conclude that the resellers are Open Text customers in our reseller agreements. The resellers have control over the pricing, service and products prior to being transferred to the end customer. We also assess the creditworthiness of each reseller and if they are newly formed, undercapitalized or in financial difficulty, we defer any revenues expected to emanate from such reseller and recognize revenue only when cash is received, and all other revenue recognition criteria under ASC Topic 606 are met. Rights of return and other incentives We do not generally offer rights of return or any other incentives such as concessions, product rotation, or price protection and, therefore, do not provide for or make estimates of rights of return and similar incentives. However, we do offer consumers who purchase certain of our products on-line directly from us an unconditional full 70-days money-back guarantee. Distributors and resellers are also permitted to return the consumer products, subject to certain limitations. Revenue is reduced for such rights based on the estimate of future returns originating from contractual agreements with these customers. Additionally, in some contracts, however, discounts may be offered to the customer for future software purchases and other additional products or services. Such arrangements grant the customer an option to acquire additional goods or services in the future at a discount and therefore are evaluated under guidance related to “material rights” as discussed above. Other policies Payment terms and conditions vary by contract type, although terms generally include a requirement of payment within 30 to 60 days of the invoice date. In certain arrangements, we will receive payment from a customer either before or after the performance obligation to which the invoice relates has been satisfied. As a practical expedient, we do not account for significant financing components if the period between when we transfer the promised good or service to the customer and when the customer pays for the product or service will be one year or less. On that basis, our contracts for license and maintenance typically do not contain a significant financing component, however, in determining the transaction price we consider whether we need to adjust the promised consideration for the effects of the time value of money if the timing of payments provides either the customer or OpenText with a significant benefit of financing. Our managed services contracts may not include an upfront charge for outsourced professional services performed as part of an implementation and are recovered through an ongoing fee. Therefore, these contracts may be expected to have a financing component associated with revenue being recognized in advance of billings. We may modify contracts to offer customers additional products or services. The additional products and services will be considered distinct from those products or services transferred to the customer before the modification and will be accounted for as a separate contract. We evaluate whether the price for the additional products and services reflects the SSP adjusted as appropriate for facts and circumstances applicable to that contract. In determining whether an adjustment is appropriate, we evaluate whether the incremental consideration is consistent with the prices previously paid by the customer or similar customers. Certain of our subscription services and product support arrangements generally contain performance response time guarantees. For subscription services arrangements, we estimate variable consideration using a portfolio approach because performance penalties are tied to standard response time requirements. For product support arrangements, we estimate variable consideration on a contract basis because such arrangements are customer-specific. For both subscription services and product support arrangements, we use an expected value approach to estimate variable consideration based on historical business practices and current and future performance expectations to determine the likelihood of incurring penalties. Performance Obligations A summary of our typical performance obligations and when the obligations are satisfied are as follows: Performance Obligation When Performance Obligation is Typically Satisfied Cloud services and subscriptions revenue: Outsourced Professional Services Managed Services / Ongoing Hosting / SaaS As the services are provided (over time) Over the contract term, beginning on the date that service is made available (i.e., “Go live”) to the customer (over time) Customer support revenue: When and if available updates and upgrades and technical support Ratable over the course of the service term (over time) License revenue: Software licenses (Perpetual, Term, Subscription) When software activation keys have been made available for download (point in time) Professional service and other revenue: Professional services As the services are provided (over time) 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. We have determined that certain of our commission programs meet the requirements to be capitalized. Some commission programs are not subject to capitalization as the commission expense is paid and recognized as the related revenue is recognized. In assessing costs to obtain a contract, we apply a practical expedient that allows us to assess our incremental costs on a portfolio of contracts with similar characteristics instead of assessing the incremental costs on each individual contract. We do not expect the financial statement effects of applying this practical expedient to the portfolio of contracts to be materially different than if we were to apply the new standard to each individual contract. We pay commissions on the sale of new customer contracts as well as for renewals of existing contracts to the extent the renewals generate incremental revenue. Commissions paid on renewal contracts are limited to the incremental new revenue and therefore these payments are not commensurate with the commission paid on the original sale. We allocate commission costs to the performance obligations in an arrangement consistent with the allocation of the transaction price. Commissions allocated to the license performance obligation are expensed at the time the license revenue is recognized. Commissions allocated to professional service performance obligations are expensed as incurred, as these contracts are generally for one year or less and we apply a practical expedient to expense costs as incurred if the amortization period would have been one year or less. Commissions allocated to maintenance, managed services, on-going hosting arrangements or other recurring services, are capitalized and amortized consistent with the pattern of transfer to the customer of the services over the period expected to benefit from the commission payment. As commissions paid on renewals are not commensurate with the original sale, the period of benefit considers anticipated renewals. The benefit period is estimated to be approximately six years which is based on our customer contracts and the estimated life of our technology. Expenses for incremental costs associated with obtaining a contract are recorded within "Sales and marketing" expense in the Consolidated Statements of Income. Our short-term capitalized costs to obtain a contract are included in "Prepaid expenses and other current assets", while our long-term capitalized costs to obtain a contract are included in "Other assets" on our Consolidated Balance Sheets. 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.
Research and development costs	Research and development costs Research and development costs internally incurred in creating computer software to be sold, licensed or otherwise marketed are expensed as incurred unless they meet the criteria for deferral and amortization, as described in ASC Topic 985-20, “Costs of Software to be Sold, Leased, or Marketed” (Topic 985-20). In accordance with Topic 985-20, costs related to research, design and development of products are charged to expense as incurred and capitalized between the dates that the product is considered to be technologically feasible and is considered to be ready for general release to customers. In our historical experience, the dates relating to the achievement of technological feasibility and general release of the product have substantially coincided. In addition, no significant costs are incurred subsequent to the establishment of technological feasibility. As a result, we do not capitalize any research and development costs relating to internally developed software to be sold, licensed or otherwise marketed.
Advertising Expenses	Advertising ExpensesAdvertising costs, which include digital advertising, marketing programs and other promotional costs, are expensed as incurred.
Income taxes	Income taxes We account for income taxes in accordance with ASC Topic 740, “Income Taxes” (Topic 740). Deferred tax assets and liabilities arise from temporary differences between the tax bases of assets and liabilities and their reported amounts in the Consolidated Financial Statements that will result in taxable or deductible amounts in future years. These temporary differences are measured using enacted tax rates. A valuation allowance is recorded to reduce deferred tax assets to the extent that we consider it is more likely than not that a deferred tax asset will not be realized. In determining the valuation allowance, we consider factors such as the reversal of deferred income tax liabilities, projected taxable income, and the character of income tax assets and tax planning strategies. A change to these factors could impact the estimated valuation allowance and income tax expense.
Equity investments	Equity investmentsWe invest in 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, is recorded as a component of "Other income (expense), net" in our Consolidated Statements of Income
Fair value of financial instruments	Fair value of financial instruments Carrying amounts of certain financial instruments, including cash and cash equivalents, accounts receivable and accounts payable (trade and accrued liabilities) approximate the fair value due to the relatively short period of time between origination of the instruments and their expected realization.
Foreign currency	Foreign currencyOur Consolidated Financial Statements are presented in U.S. dollars. In general, the functional currency of our subsidiaries is the local currency. For each subsidiary, assets and liabilities denominated in foreign currencies are translated into U.S dollars at the exchange rates in effect at the balance sheet dates and revenues and expenses are translated at the average exchange rates prevailing during the previous month of the transaction. The effect of foreign currency translation adjustments are recorded as a component of “Accumulated other comprehensive income (loss).”
Restructuring charges	Restructuring charges We record restructuring charges relating to contractual lease obligations, not accounted for under Topic 842, and other exit costs in accordance with ASC Topic 420, “Exit or Disposal Cost Obligations” (Topic 420). Topic 420 requires that a liability for a cost associated with an exit or disposal activity be recognized and measured initially at its fair value in the period in which the liability is incurred. In order to incur a liability pursuant to Topic 420, our management must have established and approved a plan of restructuring in sufficient detail. A liability for a cost associated with involuntary termination benefits is recorded when benefits have been communicated and a liability for a cost to terminate an operating lease or other contract is incurred, when the contract has been terminated in accordance with the contract terms or we have ceased using the right conveyed by the contract, such as vacating a leased facility not accounted for under Topic 842.
Loss Contingencies	Loss Contingencies 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.
Net income per share	Net income per shareBasic net income per share is computed using the weighted average number of Common Shares outstanding including contingently issuable shares where the contingency has been resolved. Diluted net income per share is computed using the weighted average number of Common Shares and stock equivalents outstanding using the treasury stock method during the year. For periods in which we incur a net loss, our outstanding Common Share equivalents are not included in the calculation of diluted earnings (loss) per share as their effect is antidilutive. Accordingly, basic and diluted net loss per share for those periods are identical.
Share-based payment	Share-based paymentWe measure share-based compensation costs, in accordance with ASC Topic 718, “Compensation - Stock Compensation” (Topic 718) on the grant date, based on the calculated fair value of the award. We have elected to treat awards with graded vesting as a single award when estimating fair value. Compensation cost is recognized on a straight-line basis over the employee requisite service period, which in our circumstances is the stated vesting period of the award, provided that total compensation cost recognized at least equals the pro-rata value of the award that has vested. Compensation cost is initially based on the estimated number of options for which the requisite service is expected to be rendered. This estimate is adjusted in the period once actual forfeitures are known
Accounting for Pensions, post-retirement and post-employment benefits	Accounting for Pensions, post-retirement and post-employment benefits Pension expense is accounted for in accordance with ASC Topic 715, “Compensation-Retirement Benefits” (Topic 715). Pension expense consists of actuarially computed costs of pension benefits in respect of the current year of service, imputed returns on plan assets (for funded plans) and imputed interest on pension obligations. The expected costs of post-retirement benefits, other than pensions, are accrued in the Consolidated Financial Statements based upon actuarial methods and assumptions.
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 did not have a material impact to our reported financial position, results of operations or cash flows.

ACCOUNTING POLICIES AND RECEN_3

ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS (Tables)	12 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Components of Property and Equipment by Type	The following represents the estimated useful lives of property and equipment as of June 30, 2022: Furniture, equipment and other 5 to 15 years Computer hardware 3 to 5 years Computer software 3 to 7 years Capitalized software development costs 3 to 5 years Leasehold improvements Lesser of the lease term or 5 years Building 40 years As of June 30, 2022 Cost Accumulated Net Furniture, equipment and other $ 52,381 $ (39,643) $ 12,738 Computer hardware 332,462 (226,341) 106,121 Computer software 142,094 (117,026) 25,068 Capitalized software development costs 149,053 (101,874) 47,179 Leasehold improvements 107,739 (86,514) 21,225 Land and buildings 49,011 (16,633) 32,378 Total $ 832,740 $ (588,031) $ 244,709 As of June 30, 2021 Cost Accumulated Net Furniture, equipment and other $ 41,074 $ (33,744) $ 7,330 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

REVENUES (Tables)

REVENUES (Tables)	12 Months Ended
	Jun. 30, 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: Year Ended June 30, 2022 2021 2020 Total Revenues by Geography: Americas (1) $ 2,187,629 $ 2,069,083 $ 1,903,650 EMEA (2) 1,026,201 1,031,607 942,281 Asia Pacific (3) 280,014 285,425 263,805 Total revenues $ 3,493,844 $ 3,386,115 $ 3,109,736 Total Revenues by Type of Performance Obligation: Recurring revenues (4) Cloud services and subscriptions revenue $ 1,535,017 $ 1,407,445 $ 1,157,686 Customer support revenue 1,330,965 1,334,062 1,275,586 Total recurring revenues $ 2,865,982 $ 2,741,507 $ 2,433,272 License revenue (perpetual, term and subscriptions) 358,351 384,711 402,851 Professional service and other revenue 269,511 259,897 273,613 Total revenues $ 3,493,844 $ 3,386,115 $ 3,109,736 Total Revenues by Timing of Revenue Recognition: Point in time $ 358,351 $ 384,711 $ 402,851 Over time (including professional service and other revenue) $ 3,135,493 $ 3,001,404 $ 2,706,885 Total revenues $ 3,493,844 $ 3,386,115 $ 3,109,736 ___________________________ (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 June 30, 2022 As of June 30, 2021 Short-term contract assets $ 26,167 $ 25,344 Long-term contract assets $ 19,719 $ 19,222 Short-term deferred revenues $ 902,202 $ 852,629 Long-term deferred revenues $ 91,144 $ 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, 2019: Capitalized costs to obtain a contract as of June 30, 2019 $ 48,284 New capitalized costs incurred 29,427 Amortization of capitalized costs (16,919) Adjustments on account of foreign exchange 371 Capitalized costs to obtain a contract as of June 30, 2020 61,163 New capitalized costs incurred 32,202 Amortization of capitalized costs (21,960) Adjustments on account of foreign exchange 1,495 Capitalized costs to obtain a contract as of June 30, 2021 72,900 New capitalized costs incurred 39,852 Amortization of capitalized costs (26,255) Impact of foreign exchange rate changes (3,935) Capitalized costs to obtain a contract as of June 30, 2022 $ 82,562

ALLOWANCE FOR CREDIT LOSSES (Ta

ALLOWANCE FOR CREDIT LOSSES (Tables)	12 Months Ended
	Jun. 30, 2022
Receivables [Abstract]
Activity for Allowance for Credit Losses	The following illustrates the activity in our allowance for credit losses on accounts receivable: Balance as of June 30, 2019 $ 17,011 Bad debt expense 11,461 Write-off /adjustments (7,566) Balance as of June 30, 2020 $ 20,906 Adoption of ASC Topic 326 - cumulative effect 3,025 Credit loss expense 7,132 Write-off /adjustments $ (8,912) Balance as of June 30, 2021 $ 22,151 Credit loss expense (recovery) (1,913) Write-off / adjustments (3,765) Balance as of June 30, 2022 $ 16,473

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
Components of Property and Equipment by Type	The following represents the estimated useful lives of property and equipment as of June 30, 2022: Furniture, equipment and other 5 to 15 years Computer hardware 3 to 5 years Computer software 3 to 7 years Capitalized software development costs 3 to 5 years Leasehold improvements Lesser of the lease term or 5 years Building 40 years As of June 30, 2022 Cost Accumulated Net Furniture, equipment and other $ 52,381 $ (39,643) $ 12,738 Computer hardware 332,462 (226,341) 106,121 Computer software 142,094 (117,026) 25,068 Capitalized software development costs 149,053 (101,874) 47,179 Leasehold improvements 107,739 (86,514) 21,225 Land and buildings 49,011 (16,633) 32,378 Total $ 832,740 $ (588,031) $ 244,709 As of June 30, 2021 Cost Accumulated Net Furniture, equipment and other $ 41,074 $ (33,744) $ 7,330 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)	12 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Lease Costs and Other Information	The following illustrates the various components of operating lease costs for the period indicated: Year Ended June 30, 2022 2021 2020 Operating lease cost $ 62,401 $ 63,068 $ 68,705 Short-term lease cost 687 881 1,178 Variable lease cost 2,694 2,754 3,536 Sublease income (10,008) (6,469) (6,035) Total lease cost $ 55,774 $ 60,234 $ 67,384 The weighted average remaining lease term and discount rate for the periods indicated below were as follows: As of June 30, 2022 As of June 30, 2021 Weighted-average remaining lease term 6.13 years 6.47 years Weighted-average discount rate 2.95 % 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: Year Ended June 30, 2022 2021 2020 Cash paid for amounts included in the measurement of operating lease liabilities $ 70,611 $ 72,871 $ 71,900 Right of use assets obtained in exchange for new operating lease liabilities (1) (2) (3) $ 39,155 $ 82,718 $ 32,328 ___________________________ (1) The year ended June 30, 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 year ended June 30, 2021 excludes the release of $22.6 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 Consolidated Statements of Income. Please see Note 18 “Special Charges (Recoveries).” (3) The year ended June 30, 2020 excludes the impact of $60.1 million and $2.9 million of ROU assets acquired through the acquisitions of Carbonite and XMedius, respectively.
Maturity of Lease Liabilities	The following table presents the future minimum lease payments under our operating leases liabilities as of June 30, 2022: Fiscal years ending June 30, 2023 $ 62,833 2024 51,779 2025 42,433 2026 29,674 2027 27,181 Thereafter 64,279 Total lease payments $ 278,179 Less: Imputed interest (23,104) Total $ 255,075 Reported as: Current operating lease liabilities $ 56,380 Non-current operating lease liabilities 198,695 Total $ 255,075

GOODWILL (Tables)

GOODWILL (Tables)	12 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Carrying Amount of Goodwill	The following table summarizes the changes in goodwill: Balance as of June 30, 2020 $ 4,672,356 Adjustments relating to acquisitions prior to Fiscal 2021 that had open measurement periods (Note 19) (2,002) Impact of foreign exchange rate changes 21,319 Balance as of June 30, 2021 4,691,673 Acquisition of Zix Corporation (Note 19) 581,032 Acquisition of Bricata Inc. (Note 19) 9,643 Impact of foreign exchange rate changes (37,695) Balance as of June 30, 2022 $ 5,244,653

ACQUIRED INTANGIBLE ASSETS (Tab

ACQUIRED INTANGIBLE ASSETS (Tables)	12 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Calculation of Acquired Intangibles by Asset Class	As of June 30, 2022 Cost Accumulated Amortization Net Technology assets $ 999,032 $ (738,710) $ 260,322 Customer assets 1,595,219 (780,333) 814,886 Total $ 2,594,251 $ (1,519,043) $ 1,075,208 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, 2023 $ 347,172 2024 267,276 2025 156,410 2026 113,164 2027 43,271 2028 and Thereafter 147,915 Total $ 1,075,208

PREPAID EXPENSES AND OTHER AS_2

PREPAID EXPENSES AND OTHER ASSETS (Tables)	12 Months Ended
	Jun. 30, 2022
Other Assets [Abstract]
Components of Prepaid Expenses and Other Assets	Prepaid expenses and other current assets: As of June 30, 2022 As of June 30, 2021 Deposits and restricted cash $ 6,300 $ 3,027 Capitalized costs to obtain a contract 27,077 22,601 Short-term prepaid expenses and other current assets 87,175 72,923 Total $ 120,552 $ 98,551 Other assets: As of June 30, 2022 As of June 30, 2021 Deposits and restricted cash $ 6,462 $ 11,577 Capitalized costs to obtain a contract 55,484 50,299 Investments 173,205 121,777 Long-term prepaid expenses and other long-term assets 21,836 25,241 Total $ 256,987 $ 208,894

ACCOUNTS PAYABLE AND ACCRUED _2

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES (Tables)	12 Months Ended
	Jun. 30, 2022
Accounts Payable and Accrued Liabilities [Abstract]
Schedule of Current Liabilities	Accounts payable and accrued liabilities: As of June 30, 2022 As of June 30, 2021 Accounts payable—trade $ 113,978 $ 57,500 Accrued salaries, incentives and commissions 193,421 214,884 Accrued liabilities 81,564 82,204 Accrued sales and other tax liabilities 20,423 31,583 Accrued interest on Senior Notes 31,813 31,161 Amounts payable in respect of restructuring and other special charges 3,589 4,396 Asset retirement obligations 3,819 1,864 Total $ 448,607 $ 423,592
Schedule of Long-Term Accrued Liabilities	Long-term accrued liabilities: As of June 30, 2022 As of June 30, 2021 Amounts payable in respect of restructuring and other special charges $ 5,702 $ 4,359 Other accrued liabilities 563 10,681 Asset retirement obligations 11,943 13,790 Total $ 18,208 $ 28,830

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	12 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	As of June 30, 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 957,500 967,500 Total principal payments due 4,257,500 3,617,500 Premium on Senior Notes 2026 (1) — 4,070 Debt issuance costs (1) (37,933) (32,711) Total amount outstanding 4,219,567 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 $ 4,209,567 $ 3,578,859 ___________________________ (1) During the year ended June 30, 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

PENSION PLANS AND OTHER POST _2

PENSION PLANS AND OTHER POST RETIREMENT BENEFITS (Tables)	12 Months Ended
	Jun. 30, 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 June 30, 2022 and 2021: As of June 30, 2022 Total benefit Current portion of benefit obligation (1) Non-current portion of CDT defined benefit plan $ 24,562 $ 907 $ 23,655 GXS GER defined benefit plan 15,927 915 15,012 GXS PHP defined benefit plan 9,802 85 9,717 Other plans 13,189 622 12,567 Total $ 63,480 $ 2,529 $ 60,951 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 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 June 30, 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 357 165 1,869 2,391 473 206 1,822 2,501 Interest cost 427 304 616 1,347 505 364 469 1,338 Benefits paid (830) (969) (253) (2,052) (800) (1,027) (19) (1,846) Actuarial (gain) loss (4,497) (4,718) (2,026) (11,241) (1,976) (1,118) (1,853) (4,947) Foreign exchange (gain) loss (3,760) (2,716) (1,377) (7,853) 1,812 1,331 284 3,427 Benefit obligation—end of period 24,562 15,927 9,802 50,291 32,865 23,861 10,973 67,699 Less: Current portion (907) (915) (85) (1,907) (880) (1,058) (42) (1,980) Non-current portion of benefit obligation $ 23,655 $ 15,012 $ 9,717 $ 48,384 $ 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: Year Ended June 30, 2022 2021 2020 Pension expense: CDT GXS GER GXS PHP Total CDT GXS GER GXS PHP Total CDT GXS GER GXS PHP Total Service cost $ 357 $ 165 $ 1,869 $ 2,391 $ 473 $ 206 $ 1,822 $ 2,501 $ 572 $ 319 $ 1,247 $ 2,138 Interest cost 427 304 616 1,347 505 364 469 1,338 459 337 368 1,164 Amortization of actuarial (gains) losses 475 24 (89) 410 705 113 (1) 817 939 244 (288) 895 Net pension expense $ 1,259 $ 493 $ 2,396 $ 4,148 $ 1,683 $ 683 $ 2,290 $ 4,656 $ 1,970 $ 900 $ 1,327 $ 4,197
Weighted-Average Key Assumptions Used for CDT Pension Plan	In determining the fair value of the pension plan benefit obligations as of June 30, 2022 and 2021, respectively, we used the following weighted-average key assumptions: As of June 30, 2022 As of June 30, 2021 CDT GXS GER GXS PHP CDT GXS GER GXS PHP Assumptions: Salary increases 2.20% 1.50% 6.00% 1.50% 1.50% 5.00% Pension increases 2.20% 1.50% N/A 1.50% 1.50% N/A Discount rate 3.39% 3.29% 6.50% 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 2023 $ 907 $ 915 $ 85 2024 942 937 122 2025 990 926 170 2026 1,030 920 179 2027 1,078 911 544 2028 to 2032 6,464 22,047 2,740 Total $ 11,411 $ 26,656 $ 3,840

SHARE CAPITAL, OPTION PLANS A_2

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS (Tables)	12 Months Ended
	Jun. 30, 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: Year Ended June 30, 2022 2021 2020 Stock options $ 17,091 $ 15,639 $ 9,779 Performance Share Units (issued under LTIP) 13,844 9,898 5,997 Restricted Share Units (issued under LTIP) 7,799 7,358 5,943 Restricted Share Units (other) 20,859 10,561 174 Deferred Share Units (directors) 3,993 3,396 3,345 Employee Stock Purchase Plan 5,970 5,117 4,294 Total share-based compensation expense $ 69,556 $ 51,969 $ 29,532
Schedule of Share-based Compensation, Stock Options, Outstanding Under Various Plans	A summary of stock options outstanding under our 2004 Stock Option Plan is set forth below. All numbers shown in the chart below have been adjusted, where applicable, to account for the two-for-one stock splits that occurred on October 22, 2003, February 18, 2014 and January 24, 2017. 2004 Stock Option Plan Date of inception Oct-04 Eligibility Eligible employees, as determined by the Board of Directors Options granted to date 40,901,917 Options exercised to date (21,747,774) Options cancelled to date (10,333,481) Options outstanding 8,820,662 Termination grace periods Immediately “for cause”; 90 days for any other reason; 180 days due to death Vesting schedule 25% per year, unless otherwise specified Exercise price range $22.87 - $52.62 Expiration dates 7/31/2022 - 5/06/2029
Summary of Information Regarding Stock Options Outstanding	The following table summarizes information regarding stock options outstanding at June 30, 2022: Options Outstanding Options Exercisable Range of Exercise Prices Number of options Outstanding as of June 30, 2022 Weighted Weighted Number of options Exercisable as of June 30, 2022 Weighted $ 22.87 — $ 34.48 922,957 1.77 $ 32.04 874,366 $ 31.92 34.49 — 38.30 1,008,083 3.42 36.10 787,583 35.65 38.31 — 39.51 1,172,130 3.98 38.97 595,272 39.06 39.52 — 42.95 695,603 4.29 40.64 286,359 40.52 42.96 — 44.72 1,037,000 6.61 44.45 — — 44.73 — 45.40 307,375 4.60 44.99 156,375 44.99 45.41 — 46.88 2,177,724 5.11 45.81 124,809 45.81 46.89 — 52.11 579,750 6.08 50.03 68,125 48.24 52.12 — 52.62 920,040 6.11 52.62 — — $ 22.87 — $ 52.62 8,820,662 4.68 $ 42.74 2,892,889 $ 36.94
Summary of Option Activity	A summary of activity under our stock option plans for the year ended June 30, 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 2,553,060 48.20 Exercised (949,645) 34.45 Forfeited or expired (896,327) 43.75 Outstanding at June 30, 2022 8,820,662 $ 42.74 4.68 $ 7,111 Exercisable at June 30, 2022 2,892,889 $ 36.94 3.10 $ 6,902
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: Year Ended June 30, 2022 2021 2020 Weighted–average fair value of options granted $ 9.02 $ 8.45 $ 6.88 Weighted-average assumptions used: Expected volatility 26.39 % 26.26 % 22.63 % Risk–free interest rate 1.15 % 0.24 % 1.30 % Expected dividend yield 1.78 % 1.55 % 1.64 % Expected life (in years) 4.15 4.59 4.12 Forfeiture rate (based on historical rates) 7 % 7 % 7 % Average exercise share price $ 48.20 $ 45.76 $ 41.81 For the periods in which performance options were granted, as indicated, the weighted-average fair value of performance options and weighted-average assumptions estimated under the Monte Carlo pricing model were as follows: Year Ended June 30, 2021 Weighted–average fair value of options granted $ 10.18 Derived service period (in years) 1.80 Weighted-average assumptions used: Expected volatility 28.00 % Risk–free interest rate 0.42 % Expected dividend yield 1.70 % Average exercise share price $ 45.81
Summary of Non Option Award Activity	A summary of activity under our performance share units issued under long-term incentive plans for the year ended June 30, 2022 is as follows: Units Weighted-Average Weighted- Aggregate Intrinsic Value Outstanding at June 30, 2021 688,462 $ 47.96 1.73 $ 34,974 Granted (1) 349,210 71.84 Vested (1) (145,134) 30.39 Forfeited or expired (79,601) 63.02 Outstanding at June 30, 2022 812,937 $ 61.29 1.89 $ 30,762 __________________________
Summary of Restricted Stock Activity	A summary of activity under our restricted share units issued under long-term incentive plans for the year ended June 30, 2022 is as follows: Units Weighted-Average Weighted- Aggregate Intrinsic Value Outstanding at June 30, 2021 615,160 $ 39.93 1.67 $ 31,250 Granted 246,980 49.91 Vested (177,082) 37.36 Forfeited or expired (73,315) 44.59 Outstanding at June 30, 2022 611,743 $ 44.14 1.62 $ 23,148 A summary of activity under our restricted share units (other) issued for the year ended June 30, 2022 is as follows: Units Weighted-Average Weighted- Aggregate Intrinsic Value Outstanding at June 30, 2021 430,358 $ 45.73 2.50 $ 21,862 Granted 2,470,302 44.81 Vested (141,452) 45.73 Forfeited or expired (165,501) 45.05 Outstanding at June 30, 2022 2,593,707 $ 44.90 2.86 $ 98,146
Schedule of Weighted Average Assumptions, Fair Value and Intrinsic Value	For the periods indicated, the weighted-average fair value of PSUs issued under LTIP, and weighted-average assumptions estimated under the Monte Carlo pricing model were as follows: Year Ended June 30, 2022 2021 2020 Weighted–average fair value of performance share units granted $69.78 - $75.15 $44.56 - $61.67 $41.55 - $54.47 Weighted-average assumptions used: Expected volatility 28.00 % 28.00 % 21.00 % Risk–free interest rate 0.45% - 0.71% 0.15% - 0.24% 1.35% - 1.59% Expected dividend yield 1.70% - 1.80% 1.70 % 1.70 % Expected life (in years) 3.10 3.09 3.08 Forfeiture rate (based on historical rates) 7 % 7 % 7 % Weighted–average fair value of performance share units vested $ 30.39 $ 25.76 $ 23.88 Aggregate intrinsic value of performance share units vested ($ in ‘000’s) $ 10,370 $ 4,286 $ 2,685 As of June 30, 2022, the total expected compensation cost related to the unvested PSU awards not yet recognized was $23.0 million, which is expected to be recognized over a weighted average period of 1.9 years. We expect to settle PSU awards in stock. For the periods indicated, the weighted-average fair value and aggregate intrinsic value of RSUs (issued under LTIP) were as follows: Year Ended June 30, 2022 2021 2020 Weighted–average fair value of restricted share units granted $ 49.91 $ 43.39 $ 37.34 Weighted–average fair value of restricted share units vested $ 37.36 $ 32.93 $ 29.98 Aggregate intrinsic value of restricted share units vested ($ in 000’s) $ 9,139 $ 7,832 $ 8,184 For the periods indicated, the weighted-average fair value and intrinsic value of RSUs (other) were as follows: Year Ended June 30, 2022 2021 2020 Weighted–average fair value of restricted share units granted $ 44.81 $ 45.73 $ 46.29 Weighted–average fair value of restricted share units vested $ 45.73 $ — $ 34.31 Aggregate intrinsic value of restricted share units vested ($ in 000’s) $ 7,406 $ — $ 132 For the periods indicated, the weighted-average fair value and intrinsic value of DSUs were as follows: Year Ended June 30, 2022 2021 2020 Weighted–average fair value of deferred share units granted $ 50.04 $ 40.15 $ 40.41 Weighted–average fair value of deferred share units vested $ 41.24 $ 41.48 $ 35.17 Aggregate intrinsic value of deferred share units vested ($ in 000’s) $ 4,133 $ 3,109 $ 3,929
Schedule of Nonvested Share Activity	A summary of activity under our deferred share units issued for the year ended June 30, 2022 is as follows: Units Weighted-Average Weighted- Aggregate Intrinsic Value Outstanding at June 30, 2021 (1) 806,363 $ 29.49 0.36 $ 40,963 Granted (2) 79,338 50.04 Outstanding at June 30, 2022 (2) 885,701 $ 31.49 0.36 $ 33,515 ______________________ (1) Includes 60,011 unvested DSUs. (2) Includes 55,520 unvested DSUs.

GUARANTEES AND CONTINGENCIES (T

GUARANTEES AND CONTINGENCIES (Tables)	12 Months Ended
	Jun. 30, 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 July 1, 2022 - July 1, 2023 - July 1, 2025 - July 1, 2027 Long-term debt obligations (1) $ 5,344,048 $ 168,919 $ 1,262,379 $ 263,500 $ 3,649,250 Purchase obligations for contracts not accounted for as lease obligations (2) 124,095 68,143 43,273 12,679 — $ 5,468,143 $ 237,062 $ 1,305,652 $ 276,179 $ 3,649,250 _________________________ (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 ASC Topic 842, please see Note 6 “Leases.”

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Schedule of Effective Income Tax Rate Reconciliation	A reconciliation of the combined Canadian federal and provincial income tax rate with our effective income tax rate is as follows: Year Ended June 30, 2022 2021 2020 Expected statutory rate 26.50 % 26.50 % 26.50 % Expected provision for income taxes $ 136,743 $ 172,454 $ 91,479 Effect of foreign tax rate differences (4,578) (4,309) 218 Change in valuation allowance (2,444) (5,900) (222) Effect of permanent differences (12,710) (1,885) 1,215 Effect of changes in unrecognized tax benefits 8,130 (86,170) (19,284) Effect of withholding taxes 6,617 8,500 8,036 Effect of tax credits for research and development (12,330) (16,086) (14,947) Effect of accrual for undistributed earnings (6,343) 3,209 4,233 Effect of US BEAT — 7,967 41,207 Effect of CARES Act — — (7,009) Effect of IRS Settlement — 300,460 — Impact of internal reorganization of subsidiaries 13,077 (33,676) 451 Other Items (7,410) (4,658) 5,460 $ 118,752 $ 339,906 $ 110,837
Schedule of Income before Income Tax, Domestic and Foreign	The following is a geographical breakdown of income before the provision for income taxes: Year Ended June 30, 2022 2021 2020 Domestic income (loss) 435,355 462,315 241,862 Foreign income 80,656 188,455 103,343 Income before income taxes $ 516,011 $ 650,770 $ 345,205
Schedule of Components of Income Tax Expense (Benefit)	The provision for (recovery of) income taxes consisted of the following: Year Ended June 30, 2022 2021 2020 Current income taxes (recoveries): Domestic 17,428 310,615 12,547 Foreign 137,412 (43,748) 46,902 154,840 266,867 59,449 Deferred income taxes (recoveries): Domestic 54,867 111,232 68,580 Foreign (90,955) (38,193) (17,192) (36,088) 73,039 51,388 Provision for (recovery of) income taxes $ 118,752 $ 339,906 $ 110,837
Schedule of Deferred Tax Assets and Liabilities	The primary components of the deferred tax assets and liabilities are as follows, for the periods indicated below: As of June 30, 2022 2021 Deferred tax assets Non-capital loss carryforwards 207,631 174,486 Capital loss carryforwards — 5,570 Capitalized scientific research and development expenses 121,771 85,553 Depreciation and amortization 314,168 391,974 Restructuring costs and other reserves 19,561 24,919 Capitalized inventory and intangible expenses 43,129 — Research and development and investment tax credits 104,183 97,157 Lease liabilities 40,486 40,598 Deferred revenue 9,288 11,388 Other 82,516 67,677 Total deferred tax asset $ 942,733 $ 899,322 Valuation allowance (73,965) (72,888) Deferred tax liabilities Right of use asset (31,452) (35,038) Other (93,049) (102,882) Deferred tax liabilities $ (124,501) $ (137,920) Net deferred tax asset $ 744,267 $ 688,514 Comprised of: Long-term assets 810,154 796,738 Long-term liabilities (65,887) (108,224) $ 744,267 $ 688,514
Schedule of Unrecognized Tax Benefits Roll Forward	The aggregate changes in the balance of our gross unrecognized tax benefits (including interest and penalties) were as follows: Unrecognized tax benefits as of June 30, 2020 195,081 Increases on account of current year positions 1,279 Increases on account of prior year positions 773 Decreases due to settlements with tax authorities (158,070) Decreases due to lapses of statutes of limitations (2,314) Unrecognized tax benefits as of June 30, 2021 $ 36,749 Increases on account of current year positions 206 Increases on account of prior year positions 27,398 Decreases on account of prior year positions (694) Decreases due to settlements with tax authorities (3,830) Decreases due to lapses of statutes of limitations (5,703) Unrecognized tax benefits as of June 30, 2022 $ 54,126
Interest and Penalties Related to Liabilities for Income Tax Expense	For the year ended June 30, 2022, 2021 and 2020, respectively, we recognized the following amounts as income tax-related interest expense and penalties: Year Ended June 30, 2022 2021 2020 Interest expense $ 419 $ 44,657 $ 5,764 Penalties expense 1,739 1,125 327 Total $ 2,158 $ 45,782 $ 6,091
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 June 30, 2022 As of June 30, 2021 Interest expense accrued (1) $ 4,821 $ 5,166 Penalties accrued (1) $ 3,569 $ 2,605 ___________________________________________ (1) These balances are primarily included within “Long-term income taxes payable” within the Consolidated Balance Sheets.

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	12 Months Ended
	Jun. 30, 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 June 30, 2022 and 2021: June 30, 2022 June 30, 2021 Fair Market Measurements using: Fair Market Measurements using: Quoted prices Significant Significant 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) $ (892) $ — $ (892) $ — $ 1,131 $ — $ 1,131 $ — Total $ (892) $ — $ (892) $ — $ 1,131 $ — $ 1,131 $ —

DERIVATIVE INSTRUMENTS AND HE_2

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)	12 Months Ended
	Jun. 30, 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 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 Consolidated Balance Sheets (see Note 16 “Fair Value Measurement”) As of June 30, 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) $ (892) $ 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) Year Ended June 30, 2022 Derivatives in Cash Flow Hedging Relationship Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion) Location of Gain or (Loss) Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Foreign currency forward contracts $ (2,530) Operating expenses $ (507) Year Ended June 30, 2021 Derivatives in Cash Flow Hedging Relationship Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion) Location of Gain or (Loss) Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Foreign currency forward contracts $ 5,778 Operating expenses $ 4,462 Year Ended June 30, 2020 Derivatives in Cash Flow Hedging Relationship Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion) Location of Gain or (Loss) Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Foreign currency forward contracts $ (2,261) Operating expenses $ (1,340)

SPECIAL CHARGES (RECOVERIES) (T

SPECIAL CHARGES (RECOVERIES) (Tables)	12 Months Ended
	Jun. 30, 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. Year Ended June 30, 2022 2021 2020 Fiscal 2022 Restructuring Plan $ 25,778 $ — $ — COVID-19 Restructuring Plan (3,625) (8,929) 53,616 Fiscal 2020 Restructuring Plan (128) 3,669 26,680 Restructuring Plans prior to Fiscal 2020 Restructuring Plan (139) (53) 1,371 Acquisition-related costs 6,872 5,906 13,750 Other charges (recoveries) 18,115 1,155 5,011 Total $ 46,873 $ 1,748 $ 100,428 A reconciliation of the beginning and ending restructuring liability, which is included within “Accounts payable and accrued liabilities” in our Consolidated Balance Sheets, for the year ended June 30, 2022 is shown below. Fiscal 2022 Restructuring Plan Workforce reduction Facility charges Total Balance payable as of June 30, 2021 $ — $ — $ — Accruals and adjustments 2,138 5,690 7,828 Cash payments (1,117) (219) (1,336) Foreign exchange and other non-cash adjustments (32) (61) (93) Balance payable as of June 30, 2022 $ 989 $ 5,410 $ 6,399 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 Consolidated Balance Sheets, for the year ended June 30, 2022 is shown below. COVID-19 Restructuring Plan Workforce reduction Facility charges Total Balance payable as of June 30, 2020 $ 5,172 $ 12,276 $ 17,448 Accruals and adjustments 1,983 (2,224) (241) Cash payments (7,172) (6,142) (13,314) Foreign exchange and other non-cash adjustments 272 100 372 Balance payable as of June 30, 2021 $ 255 $ 4,010 $ 4,265 Accruals and adjustments (101) (2,254) (2,355) Cash payments (144) (877) (1,021) Foreign exchange and other non-cash adjustments (10) 130 120 Balance payable as of June 30, 2022 $ — $ 1,009 $ 1,009 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 Consolidated Balance Sheets, for the year ended June 30, 2022 is shown below. Fiscal 2020 Restructuring Plan Workforce reduction Facility charges Total Balance payable as of June 30, 2020 $ 1,576 $ 6,442 $ 8,018 Accruals and adjustments 11,444 (869) 10,575 Cash payments (10,828) (3,369) (14,197) Foreign exchange and other non-cash adjustments 25 (338) (313) Balance payable as of June 30, 2021 $ 2,217 $ 1,866 $ 4,083 Accruals and adjustments (226) 44 (182) Cash payments (1,864) (318) (2,182) Foreign exchange and other non-cash adjustments (127) 9 (118) Balance payable as of June 30, 2022 $ — $ 1,601 $ 1,601

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	12 Months Ended
	Jun. 30, 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) $ 74,443 Non-current tangible assets 13,557 Intangible customer assets 212,400 Intangible technology assets 92,650 Liabilities assumed (79,621) Total identifiable net assets 313,429 Goodwill 581,032 Net assets acquired $ 894,461 The recognized amounts of identifiable assets acquired, and liabilities assumed, based upon their fair values as of March 9, 2020, are set forth below: Current assets $ 8,479 Non-current tangible assets 3,792 Intangible customer assets 35,910 Intangible technology assets 11,143 Liabilities assumed (34,602) Total identifiable net assets 24,722 Goodwill 48,823 Net assets acquired $ 73,545 The recognized amounts of identifiable assets acquired, and liabilities assumed, based upon their fair values as of December 24, 2019, are set forth below: Current assets (inclusive of cash acquired of $62.9 million) $ 127,532 Non-current tangible assets (inclusive of restricted cash acquired of $2.4 million) 105,742 Intangible customer assets 549,500 Intangible technology assets 290,000 Liabilities assumed (554,320) Total identifiable net assets 518,454 Goodwill 851,970 Net assets acquired $ 1,370,424

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	12 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Revenue From External Customers Attributed To Foreign Countries By Geographic Area	The following table sets forth the distribution of revenues, by significant geographic area, for the periods indicated: Year Ended June 30, 2022 2021 2020 Revenues (1) : Canada $ 186,213 $ 166,430 $ 149,457 United States 1,968,597 1,870,620 1,719,877 United Kingdom 198,459 195,721 186,756 Germany 241,506 212,014 195,286 Rest of EMEA (2) 586,236 623,872 560,239 All other countries 312,833 317,458 298,121 Total revenues $ 3,493,844 $ 3,386,115 $ 3,109,736 ________________________________ (1) Total revenues by geographic area are determined based on the location of our direct customer.
Entity-Wide Disclosure On Geographic Areas, Long-Lived Assets In Individual Foreign Countries By Country	The following table sets forth the distribution of long-lived assets, representing property and equipment, ROU assets and intangible assets, by significant geographic area, as of the periods indicated below. As of June 30, 2022 As of June 30, 2021 Long-lived assets: Canada $ 339,793 $ 530,830 United States 1,003,803 868,376 United Kingdom 13,359 14,629 Germany 39,554 60,470 Rest of EMEA (1) 76,440 116,429 All other countries 45,100 64,653 Total $ 1,518,049 $ 1,655,387 _______________________________ (1) EMEA primarily consists of countries in Europe, the Middle East and Africa.

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	12 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	Foreign Currency Translation Adjustments Cash Flow Hedges Defined Benefit Pension Plans Accumulated Other Comprehensive Income (Loss) Balance as of June 30, 2019 $ 40,752 $ 541 $ (17,169) $ 24,124 Other comprehensive income (loss) before reclassifications, net of tax (7,784) (1,662) 1,245 (8,201) Amounts reclassified into net income, net of tax — 985 917 1,902 Total other comprehensive income (loss) net (7,784) (677) 2,162 (6,299) Balance as of June 30, 2020 32,968 (136) (15,007) 17,825 Other comprehensive income (loss) before reclassifications, net of tax 42,440 4,246 3,987 50,673 Amounts reclassified into net income, net of tax — (3,280) 1,020 (2,260) Total other comprehensive income (loss) net 42,440 966 5,007 48,413 Balance as of June 30, 2021 75,408 830 (10,000) 66,238 Other comprehensive income (loss) before reclassifications, net of tax (78,724) (1,859) 5,595 (74,988) Amounts reclassified into net income, net of tax — 373 718 1,091 Total other comprehensive income (loss) net (78,724) (1,486) 6,313 (73,897) Balance as of June 30, 2022 $ (3,316) $ (656) $ (3,687) $ (7,659)

SUPPLEMENTAL CASH FLOW DISCLO_2

SUPPLEMENTAL CASH FLOW DISCLOSURES (Tables)	12 Months Ended
	Jun. 30, 2022
Supplemental Cash Flow Information [Abstract]
Supplemental Disclosure of Cash Flow Information	Year Ended June 30, 2022 2021 2020 Cash paid during the period for interest $ 152,750 $ 147,996 $ 146,698 Cash received during the period for interest $ 4,637 $ 3,856 $ 11,768 Cash paid during the period for income taxes (1) $ 116,583 $ 400,137 $ 94,733 _____________________________ (1) Included for the year ended June 30, 2021 is cash paid of $299.6 million relating to settlements with the IRS. Please see Note 15 “Income Taxes” for additional details.

OTHER INCOME (EXPENSE), NET (Ta

OTHER INCOME (EXPENSE), NET (Tables)	12 Months Ended
	Jun. 30, 2022
Other Income and Expenses [Abstract]
Schedule of Other Income (Expense), Net	Year Ended June 30, 2022 2021 2020 Foreign exchange gains (losses) $ (2,670) $ (1,273) $ (4,184) OpenText share in net income of equity investees (1) 58,702 62,897 8,700 Loss on debt extinguishment (2) (27,413) — (17,854) Other miscellaneous income (expense) 499 (190) 1,392 Total other income (expense), net $ 29,118 $ 61,434 $ (11,946) ____________________________ (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)	12 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	Year Ended June 30, 2022 2021 2020 Basic earnings per share Net income attributable to OpenText $ 397,090 $ 310,672 $ 234,225 Basic earnings per share attributable to OpenText $ 1.46 $ 1.14 $ 0.86 Diluted earnings per share Net income attributable to OpenText $ 397,090 $ 310,672 $ 234,225 Diluted earnings per share attributable to OpenText $ 1.46 $ 1.14 $ 0.86 Weighted-average number of shares outstanding (in '000's) Basic 271,271 272,533 270,847 Effect of dilutive securities 638 946 970 Diluted 271,909 273,479 271,817 Excluded as anti-dilutive (1) 4,927 4,147 3,001 ____________________________________ (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	12 Months Ended
	Sep. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Noncontrolling Interest [Line Items]
Distribution to non-controlling interest	$ 400	$ 396	$ 0	$ 0
OT South Africa
Noncontrolling Interest [Line Items]
Ownership percentage by Open Text		70%
GXS Singapore
Noncontrolling Interest [Line Items]
Ownership percentage by Open Text			81%

ACCOUNTING POLICIES AND RECEN_4

ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS - Property and Equipment (Details)	12 Months Ended
	Jun. 30, 2022
Leasehold improvements
Property, Plant and Equipment [Line Items]
Useful life	5 years
Building
Property, Plant and Equipment [Line Items]
Useful life	40 years
Minimum | Furniture, equipment and other
Property, Plant and Equipment [Line Items]
Useful life	5 years
Minimum | Computer hardware
Property, Plant and Equipment [Line Items]
Useful life	3 years
Minimum | Computer software
Property, Plant and Equipment [Line Items]
Useful life	3 years
Maximum | Furniture, equipment and other
Property, Plant and Equipment [Line Items]
Useful life	15 years
Maximum | Computer hardware
Property, Plant and Equipment [Line Items]
Useful life	5 years
Maximum | Computer software
Property, Plant and Equipment [Line Items]
Useful life	7 years

ACCOUNTING POLICIES AND RECEN_5

ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS - Capitalized Software (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Minimum
Property, Plant and Equipment [Line Items]
Amortization period	3 years
Maximum
Property, Plant and Equipment [Line Items]
Amortization period	5 years
Capitalized software development costs
Property, Plant and Equipment [Line Items]
Capitalized software development costs	$ 149.1	$ 127.7
Additions related to capitalized software development costs	$ 18.2	$ 15.4
Capitalized software development costs | Minimum
Property, Plant and Equipment [Line Items]
Amortization period	3 years
Capitalized software development costs | Maximum
Property, Plant and Equipment [Line Items]
Amortization period	5 years

ACCOUNTING POLICIES AND RECEN_6

ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS - Goodwill (Details) - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Accounting Policies [Abstract]
Goodwill impairment	$ 0	$ 0	$ 0

ACCOUNTING POLICIES AND RECEN_7

ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS - Impairment of Long-lived Assets (Details) - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Accounting Policies [Abstract]
Impairment of long-lived assets	$ 0	$ 0	$ 0

ACCOUNTING POLICIES AND RECEN_8

ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS - Revenue recognition (Details)	12 Months Ended
	Jun. 30, 2022 revenueStream
Disaggregation of Revenue [Line Items]
Number of revenue streams (in revenue streams)	4
Capitalized contract cost, amortization period	6 years
Minimum
Disaggregation of Revenue [Line Items]
Payment period	30 days
Maximum
Disaggregation of Revenue [Line Items]
Payment period	60 days

ACCOUNTING POLICIES AND RECEN_9

ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS - Advertising Expenses (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Accounting Policies [Abstract]
Advertising expense	$ 59.6	$ 52.9	$ 32.1

ACCOUNTING POLICIES AND RECE_10

ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS - Equity investments (Details)	Jun. 30, 2022
Minimum
Schedule of Equity Method Investments [Line Items]
Ownership percentage	4%
Maximum
Schedule of Equity Method Investments [Line Items]
Ownership percentage	20%

ACCOUNTING POLICIES AND RECE_11

ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS - Foreign Currency (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Intercompany Foreign Currency Balance [Line Items]
Foreign exchange gains (losses)	$ (2,670)	$ (1,273)
Other Income (Expense)
Intercompany Foreign Currency Balance [Line Items]
Foreign exchange gains (losses)	$ (2,670)	$ (1,300)	$ (4,184)

REVENUES - Disaggregation of Re

REVENUES - Disaggregation of Revenue (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2022 USD ($) revenueStream	Jun. 30, 2021 USD ($)	Jun. 30, 2020 USD ($)
Revenue from Contract with Customer [Abstract]
Number of revenue streams (in revenue streams) | revenueStream	4
Disaggregation of Revenue [Line Items]
Total revenues	$ 3,493,844	$ 3,386,115	$ 3,109,736
Point in time
Disaggregation of Revenue [Line Items]
Total revenues	358,351	384,711	402,851
Over time (including professional service and other revenue)
Disaggregation of Revenue [Line Items]
Total revenues	3,135,493	3,001,404	2,706,885
Total recurring revenues
Disaggregation of Revenue [Line Items]
Total revenues	2,865,982	2,741,507	2,433,272
Cloud services and subscriptions
Disaggregation of Revenue [Line Items]
Total revenues	1,535,017	1,407,445	1,157,686
Customer support revenue
Disaggregation of Revenue [Line Items]
Total revenues	1,330,965	1,334,062	1,275,586
License revenue (perpetual, term and subscriptions)
Disaggregation of Revenue [Line Items]
Total revenues	358,351	384,711	402,851
Professional service and other revenue
Disaggregation of Revenue [Line Items]
Total revenues	269,511	259,897	273,613
Americas
Disaggregation of Revenue [Line Items]
Total revenues	2,187,629	2,069,083	1,903,650
EMEA
Disaggregation of Revenue [Line Items]
Total revenues	1,026,201	1,031,607	942,281
Asia Pacific
Disaggregation of Revenue [Line Items]
Total revenues	$ 280,014	$ 285,425	$ 263,805

REVENUES - Contract Balances (D

REVENUES - Contract Balances (Details) - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Revenue from Contract with Customer [Abstract]
Short-term contract assets	$ 26,167,000	$ 25,344,000
Long-term contract assets	19,719,000	19,222,000
Short-term deferred revenues	902,202,000	852,629,000
Long-term deferred revenues	91,144,000	98,989,000
Contract assets reclassified to receivables	37,100,000	39,200,000
Asset impairment	0	0	$ 0
Revenue recognized	$ 843,000,000	$ 811,000,000	$ 631,000,000

REVENUES - Incremental Costs of

REVENUES - Incremental Costs of Obtaining a Contract with a Customer (Details) - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Capitalized Contract Cost [Roll Forward]
Capitalized costs to obtain a contract, beginning balance	$ 72,900,000	$ 61,163,000	$ 48,284,000
New capitalized costs incurred	39,852,000	32,202,000	29,427,000
Amortization of capitalized costs	(26,255,000)	(21,960,000)	(16,919,000)
Impact of foreign exchange rate changes	(3,935,000)	1,495,000	371,000
Capitalized costs to obtain a contract, ending balance	82,562,000	72,900,000	61,163,000
Impairment loss	$ 0	$ 0	$ 0

REVENUES - Transaction Price Al

REVENUES - Transaction Price Allocated to the Remaining Performance Obligations (Details) $ in Billions	Jun. 30, 2022 USD ($)
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]: 2022-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, percentage	45%
Expected timing of satisfaction, period	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-07-01
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	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Receivables [Abstract]
Unbilled receivables	$ 47,900	$ 51,400
Allowance for credit loss, contract assets	700	400
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	22,151	20,906	$ 17,011
Credit loss expense (recovery)	(1,913)	7,132	11,461
Write-off / adjustments	(3,765)	(8,912)	(7,566)
Balance at end of period	$ 16,473	22,151	20,906
Adjustment
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period		$ 3,025
Balance at end of period			$ 3,025

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Property, Plant and Equipment [Line Items]
Cost	$ 832,740	$ 767,600
Accumulated Depreciation	(588,031)	(534,005)
Net	244,709	233,595
Furniture, equipment and other
Property, Plant and Equipment [Line Items]
Cost	52,381	41,074
Accumulated Depreciation	(39,643)	(33,744)
Net	12,738	7,330
Computer hardware
Property, Plant and Equipment [Line Items]
Cost	332,462	313,946
Accumulated Depreciation	(226,341)	(212,448)
Net	106,121	101,498
Computer software
Property, Plant and Equipment [Line Items]
Cost	142,094	129,690
Accumulated Depreciation	(117,026)	(104,654)
Net	25,068	25,036
Capitalized software development costs
Property, Plant and Equipment [Line Items]
Cost	149,053	127,697
Accumulated Depreciation	(101,874)	(86,466)
Net	47,179	41,231
Leasehold improvements
Property, Plant and Equipment [Line Items]
Cost	107,739	106,656
Accumulated Depreciation	(86,514)	(81,135)
Net	21,225	25,521
Land and buildings
Property, Plant and Equipment [Line Items]
Cost	49,011	48,537
Accumulated Depreciation	(16,633)	(15,558)
Net	$ 32,378	$ 32,979

LEASES - Additional Information

LEASES - Additional Information (Details)	Jun. 30, 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	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Lessee, Lease, Description [Line Items]
Operating lease cost	$ 62,401	$ 63,068	$ 68,705
Short-term lease cost	687	881	1,178
Variable lease cost	2,694	2,754	3,536
Sublease income	(10,008)	(6,469)	(6,035)
Total lease cost	$ 55,774	$ 60,234	67,384
Weighted-average remaining lease term	6 years 1 month 17 days	6 years 5 months 19 days
Weighted-average discount rate	2.95%	2.82%
Supplemental Cash Flow Information
Cash paid for amounts included in the measurement of operating lease liabilities	$ 70,611	$ 72,871	71,900
Right of use assets obtained in exchange for new operating lease liabilities	39,155	82,718	32,328
Reversal of lease liabilities | COVID-19 Restructuring Plan and Fiscal 2020 Restructuring Plan
Supplemental Cash Flow Information
Special charges		$ 22,600
Zix Corporation and Bricata Inc
Supplemental Cash Flow Information
ROU assets acquired	$ 8,100
Carbonite
Supplemental Cash Flow Information
ROU assets acquired			60,100
XMedius
Supplemental Cash Flow Information
ROU assets acquired			$ 2,900

LEASES - Maturity of Lease Liab

LEASES - Maturity of Lease Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Leases [Abstract]
2023	$ 62,833
2024	51,779
2025	42,433
2026	29,674
2027	27,181
Thereafter	64,279
Total lease payments	278,179
Less: Imputed interest	(23,104)
Total	255,075
Reported as:
Current operating lease liabilities	56,380	$ 58,315
Non-current operating lease liabilities	198,695	$ 224,453
Total	255,075
Sublease income to be received next year	12,100
Sublease income to be received thereafter	$ 47,200

GOODWILL (Details)

GOODWILL (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Goodwill [Roll Forward]
Beginning balance	$ 4,691,673	$ 4,672,356
Adjustments relating to acquisitions		(2,002)
Impact of foreign exchange rate changes	(37,695)	21,319
Ending balance	5,244,653	$ 4,691,673
Zix Corporation
Goodwill [Roll Forward]
Acquisitions	581,032
Bricata
Goodwill [Roll Forward]
Acquisitions	$ 9,643

ACQUIRED INTANGIBLE ASSETS - Ca

ACQUIRED INTANGIBLE ASSETS - Calculation of Acquired Intangibles by Asset Class (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Finite-Lived Intangible Assets, Net [Abstract]
Cost	$ 2,594,251	$ 2,390,263
Accumulated Amortization	(1,519,043)	(1,203,003)
Total	1,075,208	1,187,260
Technology assets
Finite-Lived Intangible Assets, Net [Abstract]
Cost	999,032	1,003,730
Accumulated Amortization	(738,710)	(635,965)
Total	260,322	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	$ 1,595,219	1,386,533
Accumulated Amortization	(780,333)	(567,038)
Total	$ 814,886	$ 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	Jun. 30, 2022	Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
2023	$ 347,172
2024	267,276
2025	156,410
2026	113,164
2027	43,271
2028 and Thereafter	147,915
Total	$ 1,075,208	$ 1,187,260

PREPAID EXPENSES AND OTHER AS_3

PREPAID EXPENSES AND OTHER ASSETS - Schedule (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Prepaid expenses and other current assets:
Deposits and restricted cash	$ 6,300	$ 3,027
Capitalized costs to obtain a contract	27,077	22,601
Short-term prepaid expenses and other current assets	87,175	72,923
Total	120,552	98,551
Other assets:
Deposits and restricted cash	6,462	11,577
Capitalized costs to obtain a contract	55,484	50,299
Investments	173,205	121,777
Long-term prepaid expenses and other long-term assets	21,836	25,241
Total	$ 256,987	$ 208,894

PREPAID EXPENSES AND OTHER AS_4

PREPAID EXPENSES AND OTHER ASSETS - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Schedule of Equity Method Investments [Line Items]
OpenText share in net income of equity investees	$ 58,702	$ 62,897	$ 8,700
Minimum
Schedule of Equity Method Investments [Line Items]
Ownership percentage	4%
Maximum
Schedule of Equity Method Investments [Line Items]
Ownership percentage	20%

ACCOUNTS PAYABLE AND ACCRUED _3

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES - Schedule of Current Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Accounts Payable and Accrued Liabilities [Abstract]
Accounts payable—trade	$ 113,978	$ 57,500
Accrued salaries, incentives and commissions	193,421	214,884
Accrued liabilities	81,564	82,204
Accrued sales and other tax liabilities	20,423	31,583
Accrued interest on Senior Notes	31,813	31,161
Amounts payable in respect of restructuring and other special charges	3,589	4,396
Asset retirement obligations	3,819	1,864
Total	$ 448,607	$ 423,592

ACCOUNTS PAYABLE AND ACCRUED _4

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES - Schedule of Long-Term Accrued Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Accounts Payable and Accrued Liabilities [Abstract]
Amounts payable in respect of restructuring and other special charges	$ 5,702	$ 4,359
Other accrued liabilities	563	10,681
Asset retirement obligations	11,943	13,790
Total	$ 18,208	$ 28,830

ACCOUNTS PAYABLE AND ACCRUED _5

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES - Additional Information (Details) - USD ($) $ in Millions	Jun. 30, 2022	Jun. 30, 2021
Accounts Payable and Accrued Liabilities [Abstract]
Present value of asset retirement obligation	$ 15.8	$ 15.7
Undiscounted value of asset retirement obligation	$ 16.4	$ 16.4

LONG-TERM DEBT - Schedule of Lo

LONG-TERM DEBT - Schedule of Long-Term Debt (Details) - USD ($) $ in Thousands	Dec. 09, 2021	Jun. 30, 2022	Jun. 30, 2021
Debt Instrument [Line Items]
Total principal payments due		$ 4,257,500	$ 3,617,500
Debt issuance costs		(37,933)	(32,711)
Total amount outstanding		4,219,567	3,588,859
Less:
Current portion of long-term debt		10,000	10,000
Non-current portion of long-term debt		4,209,567	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		957,500	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	$ 850,000	$ 0	$ 850,000
Less:
Unamortized debt issuance costs	6,200
Unamortized premium	$ (3,800)

LONG-TERM DEBT - Senior Unsecur

LONG-TERM DEBT - Senior Unsecured Fixed Rate Notes (Details) - USD ($)		12 Months Ended
	Dec. 09, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020	Nov. 24, 2021	Feb. 18, 2020	Dec. 20, 2016	May 31, 2016
Debt Instrument [Line Items]
Long-term debt		$ 4,257,500,000	$ 3,617,500,000
Loss on extinguishment of debt		(27,413,000)	0	$ (17,854,000)
Debt extinguishment costs		24,969,000	0	11,248,000
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		16,100,000
Long-term debt		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		37,100,000	37,000,000	13,700,000
Long-term debt		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		19,800,000
Long-term debt		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		34,900,000	34,800,000	12,900,000
Long-term debt		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		21,900,000	49,900,000	$ 49,900,000
Debt premium issue price percentage							102.75%
Long-term debt	$ 850,000,000	$ 0	$ 850,000,000
Redemption price	102.9375%
Loss on extinguishment of debt	$ (27,400,000)
Debt extinguishment costs	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)				12 Months Ended
	Dec. 09, 2021 USD ($)	Oct. 31, 2019 USD ($)	May 30, 2018 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2020 USD ($)	Oct. 30, 2019 USD ($)	Dec. 20, 2016 USD ($)	May 31, 2016 USD ($)	Jan. 16, 2014 USD ($)
Debt Instrument [Line Items]
Debt issuance costs, net				$ 37,933,000	$ 32,711,000
Long-term debt				4,257,500,000	3,617,500,000
Loss on extinguishment of debt				(27,413,000)	0	$ (17,854,000)
Debt extinguishment costs				24,969,000	0	11,248,000
Revolving credit facility | Line of Credit
Debt Instrument [Line Items]
Interest expense				0	3,600,000	7,700,000
Credit agreement, maximum capacity		$ 750,000,000					$ 450,000,000
Long-term debt				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
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				2.81%
Leverage ratio, compliance maximum			4
Leverage ratio				2
Interest expense				$ 19,700,000	18,600,000	33,300,000
Long-term debt				957,500,000	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				21,900,000	49,900,000	$ 49,900,000
Long-term debt	850,000,000			$ 0	$ 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	Jun. 30, 2022	Jun. 30, 2021
Assumptions:
Total benefit obligation	$ 63,480	$ 77,293
Current portion of benefit obligation	2,529	2,782
Non-current portion of benefit obligation	60,951	74,511
Pension Plan | CDT
Assumptions:
Total benefit obligation	24,562	32,865
Current portion of benefit obligation	907	880
Non-current portion of benefit obligation	23,655	31,985
Pension Plan | GXS GER
Assumptions:
Total benefit obligation	15,927	23,861
Current portion of benefit obligation	915	1,058
Non-current portion of benefit obligation	15,012	22,803
Pension Plan | GXS PHP
Assumptions:
Total benefit obligation	9,802	10,973
Current portion of benefit obligation	85	42
Non-current portion of benefit obligation	9,717	10,931
Other plans
Assumptions:
Total benefit obligation	13,189	9,594
Current portion of benefit obligation	622	802
Non-current portion of benefit obligation	$ 12,567	$ 8,792

PENSION PLANS AND OTHER POST _4

PENSION PLANS AND OTHER POST RETIREMENT BENEFITS - Additional Information (Details) - Pension Plan	12 Months Ended
	Jun. 30, 2022 USD ($)
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	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation—beginning of fiscal year	$ 67,699	$ 67,226
Service cost	2,391	2,501	$ 2,138
Interest cost	1,347	1,338	1,164
Benefits paid	(2,052)	(1,846)
Actuarial (gain) loss	(11,241)	(4,947)
Foreign exchange (gain) loss	(7,853)	3,427
Benefit obligation—end of period	50,291	67,699	67,226
Less: Current portion	(1,907)	(1,980)
Non-current portion of benefit obligation	48,384	65,719
CDT
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation—beginning of fiscal year	32,865	32,851
Service cost	357	473	572
Interest cost	427	505	459
Benefits paid	(830)	(800)
Actuarial (gain) loss	(4,497)	(1,976)
Foreign exchange (gain) loss	(3,760)	1,812
Benefit obligation—end of period	24,562	32,865	32,851
Less: Current portion	(907)	(880)
Non-current portion of benefit obligation	23,655	31,985
GXS GER
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation—beginning of fiscal year	23,861	24,105
Service cost	165	206	319
Interest cost	304	364	337
Benefits paid	(969)	(1,027)
Actuarial (gain) loss	(4,718)	(1,118)
Foreign exchange (gain) loss	(2,716)	1,331
Benefit obligation—end of period	15,927	23,861	24,105
Less: Current portion	(915)	(1,058)
Non-current portion of benefit obligation	15,012	22,803
GXS PHP
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation—beginning of fiscal year	10,973	10,270
Service cost	1,869	1,822	1,247
Interest cost	616	469	368
Benefits paid	(253)	(19)
Actuarial (gain) loss	(2,026)	(1,853)
Foreign exchange (gain) loss	(1,377)	284
Benefit obligation—end of period	9,802	10,973	$ 10,270
Less: Current portion	(85)	(42)
Non-current portion of benefit obligation	$ 9,717	$ 10,931

PENSION PLANS AND OTHER POST _6

PENSION PLANS AND OTHER POST RETIREMENT BENEFITS - Components of Net Pension Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Assumptions:
Net pension expense	$ 6,606	$ 6,616	$ 5,802
Pension Plan
Assumptions:
Service cost	2,391	2,501	2,138
Interest cost	1,347	1,338	1,164
Amortization of actuarial (gains) losses	410	817	895
Net pension expense	4,148	4,656	4,197
Pension Plan | CDT
Assumptions:
Service cost	357	473	572
Interest cost	427	505	459
Amortization of actuarial (gains) losses	475	705	939
Net pension expense	1,259	1,683	1,970
Pension Plan | GXS GER
Assumptions:
Service cost	165	206	319
Interest cost	304	364	337
Amortization of actuarial (gains) losses	24	113	244
Net pension expense	493	683	900
Pension Plan | GXS PHP
Assumptions:
Service cost	1,869	1,822	1,247
Interest cost	616	469	368
Amortization of actuarial (gains) losses	(89)	(1)	(288)
Net pension expense	$ 2,396	$ 2,290	$ 1,327

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	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
CDT
Assumptions:
Salary increases	2.20%	1.50%
Pension increases	2.20%	1.50%
Discount rate	3.39%	1.39%
CDT | to age 20
Assumptions:
Employee fluctuation rate	0%	0%
CDT | to age 25
Assumptions:
Employee fluctuation rate	0%	0%
CDT | to age 30
Assumptions:
Employee fluctuation rate	1%	1%
CDT | to age 35
Assumptions:
Employee fluctuation rate	0.50%	0.50%
CDT | to age 40
Assumptions:
Employee fluctuation rate	0%	0%
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%	1%
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	3.29%	1.39%
GXS GER | to age 20
Assumptions:
Employee fluctuation rate	0%	0%
GXS GER | to age 25
Assumptions:
Employee fluctuation rate	0%	0%
GXS GER | to age 30
Assumptions:
Employee fluctuation rate	0%	0%
GXS GER | to age 35
Assumptions:
Employee fluctuation rate	0%	0%
GXS GER | to age 40
Assumptions:
Employee fluctuation rate	0%	0%
GXS GER | to age 45
Assumptions:
Employee fluctuation rate	0%	0%
GXS GER | to age 50
Assumptions:
Employee fluctuation rate	0%	0%
GXS GER | from age 51
Assumptions:
Employee fluctuation rate	0%	0%
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%	5%
Discount rate	6.50%	5%
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%	3%
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%	0%
GXS PHP | from age 51
Assumptions:
Employee fluctuation rate	0%	0%

PENSION PLANS AND OTHER POST _8

PENSION PLANS AND OTHER POST RETIREMENT BENEFITS - Anticipated Pension Payments Under Pension Plans (Details) - Pension Plan $ in Thousands	Jun. 30, 2022 USD ($)
CDT
Assumptions:
2023	$ 907
2024	942
2025	990
2026	1,030
2027	1,078
2028 to 2032	6,464
Total	11,411
GXS GER
Assumptions:
2023	915
2024	937
2025	926
2026	920
2027	911
2028 to 2032	22,047
Total	26,656
GXS PHP
Assumptions:
2023	85
2024	122
2025	170
2026	179
2027	544
2028 to 2032	2,740
Total	$ 3,840

SHARE CAPITAL, OPTION PLANS A_3

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - Additional Information (Details) - USD ($)			3 Months Ended	12 Months Ended
	Nov. 04, 2021	Nov. 05, 2020	Dec. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Cash Dividends
Dividends declared per common share (in dollars per share)				$ 0.8836	$ 0.7770	$ 0.6984
Payments of dividends				$ 237,655,000	$ 210,662,000	$ 188,712,000
Share Capital
Preference shares issued (in shares)				0
Treasury Stock
Purchase of treasury stock (in shares)				2,630,000	1,455,088	300,000
Purchase of treasury stock				$ 111,593,000	$ 64,847,000	$ 12,424,000
Issuance of treasury stock (in shares)				491,244	509,721	480,574
Stock Repurchase Plan
Stock repurchased and retired (in shares)				3,809,559	2,500,000
Stock repurchased and retired				$ 177,000,000	$ 119,100,000
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		$ 350,000,000
Renewed Repurchase Plan
Stock Repurchase Plan
Stock repurchase plan, period in force	12 months
Stock repurchase plan, authorized amount	$ 350,000,000

SHARE CAPITAL, OPTION PLANS A_4

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - Schedule of Share-Based Payments (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	$ 69,556	$ 51,969	$ 29,532
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	17,091	15,639	9,779
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	13,844	9,898	5,997
Restricted Share Units (RSUs) | Long Term Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	7,799	7,358	5,943
Restricted Share Units (RSUs) | Other plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	20,859	10,561	174
Deferred Share Units (directors)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	3,993	3,396	3,345
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	$ 5,970	$ 5,117	$ 4,294

SHARE CAPITAL, OPTION PLANS A_5

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - Summary of Stock Options Outstanding Under Various Stock Option Plans (Details)				12 Months Ended	201 Months Ended
	Jan. 24, 2017	Feb. 18, 2014	Oct. 22, 2003	Jun. 30, 2022 $ / shares shares	Jun. 30, 2021 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercised to date (in shares)				(949,645)
Options outstanding (in shares)				8,820,662	8,113,574
2004 Stock Option Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock split ratio	2	2	2
Options grated to date (in shares)					40,901,917
Options exercised to date (in shares)					(21,747,774)
Options cancelled to date (in shares)					(10,333,481)
Options outstanding (in shares)				8,820,662
Vesting schedule				25%
Minimum exercise price (in dollars per share) | $ / shares				$ 22.87
Maximum exercise price (in dollars per share) | $ / shares				$ 52.62
2004 Stock Option Plan | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Termination grace periods				90 days
2004 Stock Option Plan | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Termination grace periods				180 days

SHARE CAPITAL, OPTION PLANS A_6

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - Summary of Information Regarding Stock Options Outstanding (Details) - $ / shares	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Abstract]
Number of options Outstanding as of June 30, 2022 (in shares)	8,820,662	8,113,574
Weighted Average Remaining Contractual Life (years)	4 years 8 months 4 days	4 years 10 months 17 days
Weighted Average Exercise Price (in dollars per share)	$ 42.74	$ 40.16
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable [Abstract]
Number of options Exercisable as of June 30, 2022 (in shares)	2,892,889
Weighted Average Exercise Price (in dollars per share)	$ 36.94
$22.87 to $34.48
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Abstract]
Minimum (in dollars per share)	22.87
Maximum (in dollars per share)	$ 34.48
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Abstract]
Number of options Outstanding as of June 30, 2022 (in shares)	922,957
Weighted Average Remaining Contractual Life (years)	1 year 9 months 7 days
Weighted Average Exercise Price (in dollars per share)	$ 32.04
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable [Abstract]
Number of options Exercisable as of June 30, 2022 (in shares)	874,366
Weighted Average Exercise Price (in dollars per share)	$ 31.92
$34.49 to $38.30
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Abstract]
Minimum (in dollars per share)	34.49
Maximum (in dollars per share)	$ 38.30
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Abstract]
Number of options Outstanding as of June 30, 2022 (in shares)	1,008,083
Weighted Average Remaining Contractual Life (years)	3 years 5 months 1 day
Weighted Average Exercise Price (in dollars per share)	$ 36.10
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable [Abstract]
Number of options Exercisable as of June 30, 2022 (in shares)	787,583
Weighted Average Exercise Price (in dollars per share)	$ 35.65
$38.31 to $39.51
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Abstract]
Minimum (in dollars per share)	38.31
Maximum (in dollars per share)	$ 39.51
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Abstract]
Number of options Outstanding as of June 30, 2022 (in shares)	1,172,130
Weighted Average Remaining Contractual Life (years)	3 years 11 months 23 days
Weighted Average Exercise Price (in dollars per share)	$ 38.97
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable [Abstract]
Number of options Exercisable as of June 30, 2022 (in shares)	595,272
Weighted Average Exercise Price (in dollars per share)	$ 39.06
$39.52 to $42.95
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Abstract]
Minimum (in dollars per share)	39.52
Maximum (in dollars per share)	$ 42.95
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Abstract]
Number of options Outstanding as of June 30, 2022 (in shares)	695,603
Weighted Average Remaining Contractual Life (years)	4 years 3 months 14 days
Weighted Average Exercise Price (in dollars per share)	$ 40.64
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable [Abstract]
Number of options Exercisable as of June 30, 2022 (in shares)	286,359
Weighted Average Exercise Price (in dollars per share)	$ 40.52
$42.96 to $44.72
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Abstract]
Minimum (in dollars per share)	42.96
Maximum (in dollars per share)	$ 44.72
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Abstract]
Number of options Outstanding as of June 30, 2022 (in shares)	1,037,000
Weighted Average Remaining Contractual Life (years)	6 years 7 months 9 days
Weighted Average Exercise Price (in dollars per share)	$ 44.45
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable [Abstract]
Number of options Exercisable as of June 30, 2022 (in shares)	0
Weighted Average Exercise Price (in dollars per share)	$ 0
$44.73 to $45.40
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Abstract]
Minimum (in dollars per share)	44.73
Maximum (in dollars per share)	$ 45.40
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Abstract]
Number of options Outstanding as of June 30, 2022 (in shares)	307,375
Weighted Average Remaining Contractual Life (years)	4 years 7 months 6 days
Weighted Average Exercise Price (in dollars per share)	$ 44.99
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable [Abstract]
Number of options Exercisable as of June 30, 2022 (in shares)	156,375
Weighted Average Exercise Price (in dollars per share)	$ 44.99
$45.41 to $46.88
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Abstract]
Minimum (in dollars per share)	45.41
Maximum (in dollars per share)	$ 46.88
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Abstract]
Number of options Outstanding as of June 30, 2022 (in shares)	2,177,724
Weighted Average Remaining Contractual Life (years)	5 years 1 month 9 days
Weighted Average Exercise Price (in dollars per share)	$ 45.81
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable [Abstract]
Number of options Exercisable as of June 30, 2022 (in shares)	124,809
Weighted Average Exercise Price (in dollars per share)	$ 45.81
$46.89 to $52.11
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Abstract]
Minimum (in dollars per share)	46.89
Maximum (in dollars per share)	$ 52.11
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Abstract]
Number of options Outstanding as of June 30, 2022 (in shares)	579,750
Weighted Average Remaining Contractual Life (years)	6 years 29 days
Weighted Average Exercise Price (in dollars per share)	$ 50.03
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable [Abstract]
Number of options Exercisable as of June 30, 2022 (in shares)	68,125
Weighted Average Exercise Price (in dollars per share)	$ 48.24
$52.12 to $52.62
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Abstract]
Minimum (in dollars per share)	52.12
Maximum (in dollars per share)	$ 52.62
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Abstract]
Number of options Outstanding as of June 30, 2022 (in shares)	920,040
Weighted Average Remaining Contractual Life (years)	6 years 1 month 9 days
Weighted Average Exercise Price (in dollars per share)	$ 52.62
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable [Abstract]
Number of options Exercisable as of June 30, 2022 (in shares)	0
Weighted Average Exercise Price (in dollars per share)	$ 0
$22.87 to $52.62
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Abstract]
Minimum (in dollars per share)	22.87
Maximum (in dollars per share)	$ 52.62
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Abstract]
Number of options Outstanding as of June 30, 2022 (in shares)	8,820,662
Weighted Average Remaining Contractual Life (years)	4 years 8 months 4 days
Weighted Average Exercise Price (in dollars per share)	$ 42.74
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable [Abstract]
Number of options Exercisable as of June 30, 2022 (in shares)	2,892,889
Weighted Average Exercise Price (in dollars per share)	$ 36.94

SHARE CAPITAL, OPTION PLANS A_7

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (in shares)	8,820,662	8,113,574
Performance options granted (in shares)	2,553,060
Aggregate intrinsic value of options exercised	$ 17	$ 25	$ 26.6
Cash proceeds from exercise of options granted	32.7	49.6	41.3
Tax benefit realized from exercise of options	$ 2.8	$ 2.3	$ 1.9
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (in shares)	8,820,662
Common shares available for issuance (in shares)	9,594,844
Expiration period of options, minimum term	7 years
Expiration period of options, maximum term	10 years
Unrecognized compensation cost relating to unvested stock awards	$ 40.1
Unvested stock awards compensation cost, weighted average recognition period	2 years 9 months 18 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
Performance Share Units (issued under LTIP)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance options granted (in shares)	0	750,000	0

SHARE CAPITAL, OPTION PLANS A_8

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - Schedule of Outstanding Stock Options Activity (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2022 USD ($) $ / shares shares	Jun. 30, 2021 USD ($) $ / shares shares
Options
Outstanding at beginning of period (in shares) | shares	8,113,574
Granted (in shares) | shares	2,553,060
Exercised (in shares) | shares	(949,645)
Forfeited or expired (in shares) | shares	(896,327)
Outstanding at end of period (in shares) | shares	8,820,662	8,113,574
Exercisable ending balance (in shares) | shares	2,892,889
Weighted- Average Exercise Price
Outstanding at beginning of period (in dollars per share) | $ / shares	$ 40.16
Granted (in dollars per share) | $ / shares	48.20
Exercised (in dollars per share) | $ / shares	34.45
Forfeited or expired (in dollars per share) | $ / shares	43.75
Outstanding at end of period (in dollars per share) | $ / shares	42.74	$ 40.16
Exercisable at end of period (in dollars per share) | $ / shares	$ 36.94
Weighted- Average Remaining Contractual Term (years)
Outstanding	4 years 8 months 4 days	4 years 10 months 17 days
Exercisable	3 years 1 month 6 days
Aggregate Intrinsic Value ($’000's)
Outstanding | $	$ 7,111	$ 86,297
Exercisable | $	$ 6,902

SHARE CAPITAL, OPTION PLANS A_9

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - Schedule of Weighted-Average Fair Value Of Options And Weighted-Average Assumptions Used (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Long Term Incentive Plan
Weighted-average assumptions used:
Compensation cost related to unvested awards not yet recognized	$ 35,000
Unvested stock awards compensation cost, weighted average recognition period	1 year 10 months 24 days
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average fair value of options granted (in dollars per share)	$ 9.02	$ 8.45	$ 6.88
Weighted-average assumptions used:
Expected volatility	26.39%	26.26%	22.63%
Risk–free interest rate	1.15%	0.24%	1.30%
Expected dividend yield	1.78%	1.55%	1.64%
Expected life (in years)	4 years 1 month 24 days	4 years 7 months 2 days	4 years 1 month 13 days
Forfeiture rate (based on historical rates)	7%	7%	7%
Average exercised share price (in dollars per share)	$ 48.20	$ 45.76	$ 41.81
Unvested stock awards compensation cost, weighted average recognition period	2 years 9 months 18 days
Performance Share Units (issued under LTIP)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average fair value of options granted (in dollars per share)	$ 10.18
Weighted-average assumptions used:
Expected volatility	28%
Risk–free interest rate	0.42%
Expected dividend yield	1.70%
Average exercised share price (in dollars per share)	$ 45.81
Derived service period (in years)	1 year 9 months 18 days
PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average fair value of instruments other than options granted (in dollars per share)	$ 71.84
Weighted-average assumptions used:
Expected volatility	28%	28%	21%
Expected dividend yield		1.70%	1.70%
Expected life (in years)	3 years 1 month 6 days	3 years 1 month 2 days	3 years 29 days
Forfeiture rate (based on historical rates)	7%	7%	7%
Average exercised share price (in dollars per share)	$ 30.39	$ 25.76	$ 23.88
Aggregate intrinsic value of performance share units vested ($ in ‘000’s)	$ 10,370	$ 4,286	$ 2,685
PSUs | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average fair value of instruments other than options granted (in dollars per share)	$ 69.78	$ 44.56	$ 41.55
Weighted-average assumptions used:
Risk–free interest rate	0.45%	0.15%	1.35%
Expected dividend yield	1.70%
PSUs | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average fair value of instruments other than options granted (in dollars per share)	$ 75.15	$ 61.67	$ 54.47
Weighted-average assumptions used:
Risk–free interest rate	0.71%	0.24%	1.59%
Expected dividend yield	1.80%
PSUs | Long Term Incentive Plan
Weighted-average assumptions used:
Compensation cost related to unvested awards not yet recognized	$ 23,000
Unvested stock awards compensation cost, weighted average recognition period	1 year 10 months 24 days
Restricted Share Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average fair value of instruments other than options granted (in dollars per share)	$ 44.81	$ 45.73	$ 46.29
Weighted-average assumptions used:
Aggregate intrinsic value of performance share units vested ($ in ‘000’s)	$ 7,406	$ 0	$ 132
Weighted-average fair value of restricted share units vested (in dollars per share)	$ 45.73	$ 0	$ 34.31
Compensation cost related to unvested awards not yet recognized	$ 91,300
Unvested stock awards compensation cost, weighted average recognition period	2 years
Restricted Share Units (RSUs) | Long Term Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average fair value of instruments other than options granted (in dollars per share)	$ 49.91	$ 43.39	$ 37.34
Weighted-average assumptions used:
Aggregate intrinsic value of performance share units vested ($ in ‘000’s)	$ 9,139	$ 7,832	$ 8,184
Weighted-average fair value of restricted share units vested (in dollars per share)	$ 37.36	$ 32.93	$ 29.98
Compensation cost related to unvested awards not yet recognized	$ 11,900
Unvested stock awards compensation cost, weighted average recognition period	1 year 3 months 18 days
Deferred Share Units (DSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average fair value of instruments other than options granted (in dollars per share)	$ 50.04	$ 40.15	$ 40.41
Weighted-average assumptions used:
Aggregate intrinsic value of performance share units vested ($ in ‘000’s)	$ 4,133	$ 3,109	$ 3,929
Weighted-average fair value of restricted share units vested (in dollars per share)	$ 41.24	$ 41.48	$ 35.17

SHARE CAPITAL, OPTION PLANS _10

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - Long-Term Incentive Plans (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of treasury stock (in shares)		491,244	509,721	480,574
Issuance of treasury stock		$ 0	$ 0	$ 6,574
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		$ 35,000
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 _11

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - Non Option Unit Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
PSUs
Units
Beginning balance (in shares)	688,462
Granted (in shares)	349,210
Vested (in shares)	(145,134)
Forfeited or expired (in shares)	(79,601)
Ending balance (in shares)	812,937	688,462
Weighted Average
Beginning balance (in dollars per share)	$ 47.96
Granted (in dollars per share)	71.84
Vested (in dollars per share)	30.39
Forfeited or expired (in dollars per share)	63.02
Ending balance (in dollars per share)	$ 61.29	$ 47.96
Weighted- Average Remaining Contractual Term (years)	1 year 10 months 20 days	1 year 8 months 23 days
Aggregate Intrinsic Value ($’000's)	$ 30,762	$ 34,974
PSUs | Minimum
Weighted Average
Granted (in dollars per share)	$ 69.78	$ 44.56	$ 41.55
Performance target	0%
PSUs | Maximum
Weighted Average
Granted (in dollars per share)	$ 75.15	$ 61.67	54.47
Performance target	200%
PSUs | Long Term Incentive Plan
Weighted Average
Performance unit payout (in shares)	27,576
Restricted Share Units (RSUs)
Units
Beginning balance (in shares)	430,358
Granted (in shares)	2,470,302
Vested (in shares)	(141,452)
Forfeited or expired (in shares)	(165,501)
Ending balance (in shares)	2,593,707	430,358
Weighted Average
Beginning balance (in dollars per share)	$ 45.73
Granted (in dollars per share)	44.81	$ 45.73	46.29
Vested (in dollars per share)	45.73
Forfeited or expired (in dollars per share)	45.05
Ending balance (in dollars per share)	$ 44.90	$ 45.73
Weighted- Average Remaining Contractual Term (years)	2 years 10 months 9 days	2 years 6 months
Aggregate Intrinsic Value ($’000's)	$ 98,146	$ 21,862
Restricted Share Units (RSUs) | Long Term Incentive Plan
Units
Beginning balance (in shares)	615,160
Granted (in shares)	246,980
Vested (in shares)	(177,082)
Forfeited or expired (in shares)	(73,315)
Ending balance (in shares)	611,743	615,160
Weighted Average
Beginning balance (in dollars per share)	$ 39.93
Granted (in dollars per share)	49.91	$ 43.39	37.34
Vested (in dollars per share)	37.36
Forfeited or expired (in dollars per share)	44.59
Ending balance (in dollars per share)	$ 44.14	$ 39.93
Weighted- Average Remaining Contractual Term (years)	1 year 7 months 13 days	1 year 8 months 1 day
Aggregate Intrinsic Value ($’000's)	$ 23,148	$ 31,250
Deferred Share Units (DSUs)
Units
Beginning balance (in shares)	806,363
Granted (in shares)	79,338
Ending balance (in shares)	885,701	806,363
Weighted Average
Beginning balance (in dollars per share)	$ 29.49
Granted (in dollars per share)	50.04	$ 40.15	$ 40.41
Ending balance (in dollars per share)	$ 31.49	$ 29.49
Weighted- Average Remaining Contractual Term (years)	4 months 9 days	4 months 9 days
Aggregate Intrinsic Value ($’000's)	$ 33,515	$ 40,963
Deferred Share Units (DSUs) | Long Term Incentive Plan
Units
Beginning balance (in shares)	60,011
Ending balance (in shares)	55,520	60,011

SHARE CAPITAL, OPTION PLANS _12

SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS - RSUs, DSUs and ESPP (Details) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of treasury stock (in shares)		491,244	509,721	480,574
Issuance of treasury stock		$ 0	$ 0	$ 6,574,000
Long Term Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period		3 years
Compensation cost related to unvested awards not yet recognized		$ 35,000,000
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	$ 15,100,000
Restricted Share Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted (in shares)		2,470,302
Compensation cost related to unvested awards not yet recognized		$ 91,300,000
Unvested stock awards compensation cost, weighted average recognition period		2 years
Stock issued		$ 5,900,000	$ 0	$ 100,000
Stock issued (in shares)		141,452	0	3,334
Restricted Share Units (RSUs) | Long Term Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted (in shares)		246,980
Compensation cost related to unvested awards not yet recognized		$ 11,900,000
Unvested stock awards compensation cost, weighted average recognition period		1 year 3 months 18 days
Restricted Share Units (RSUs) | Long Term Incentive Plan | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period		2 years
Restricted Share Units (RSUs) | Long Term Incentive Plan | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period		3 years
Deferred Share Units (DSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted (in shares)		79,338
Issuance of treasury stock (in shares)		0
Stock issued (in shares)			23,640	0
Issuance of treasury stock			$ 1,100,000	$ 0
Employee Share Purchase Plan (ESPP)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards purchase price discount		15%
Common shares eligible for issuance (in shares)		931,036	769,031	742,961
Cash received from employee stock purchase plan		$ 34,500,000	$ 30,500,000	$ 25,300,000

GUARANTEES AND CONTINGENCIES -

GUARANTEES AND CONTINGENCIES - Schedule of Contractual Obligations with Minimum Payments (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Long term debt obligations
Total	$ 5,344,048
July 1, 2022 - June 30, 2023	168,919
July 1, 2023 - June 30, 2025	1,262,379
July 1, 2025 - June 30, 2027	263,500
July 1, 2027 and beyond	3,649,250
Purchase obligations for contracts not accounted for as lease obligations
Total	124,095
July 1, 2022 - June 30, 2023	68,143
July 1, 2023 - June 30, 2025	43,273
July 1, 2025 - June 30, 2027	12,679
July 1, 2027 and beyond	0
Total payments due
Total	5,468,143
July 1, 2022 - June 30, 2023	237,062
July 1, 2023 - June 30, 2025	1,305,652
July 1, 2025 - June 30, 2027	276,179
July 1, 2027 and beyond	$ 3,649,250

GUARANTEES AND CONTINGENCIES _2

GUARANTEES AND CONTINGENCIES - Additional Information (Details) - Canada Revenue Agency (CRA) $ in Millions	12 Months Ended
	Jun. 30, 2022 USD ($)
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%
Tax Year 2013
Loss Contingencies [Line Items]
Additional tax expense, as a percent	10%
Tax Year 2014
Loss Contingencies [Line Items]
Additional tax expense, as a percent	10%
Tax Year 2015
Loss Contingencies [Line Items]
Additional tax expense, as a percent	10%
Tax Year 2016
Loss Contingencies [Line Items]
Additional tax expense, as a percent	10%
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	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Income Tax Contingency [Line Items]
Effective income tax rate	23%	52.20%
Provision for income taxes (Note 15)	$ 118,752	$ 339,906	$ 110,837
Decrease due to effect of IRS settlement	300,600
Decrease due to lower net income before taxes	37,500
Decrease due to passive income from foreign subsidiaries	10,800
Decrease due to Subpart F	9,600
Decrease due to exclusion of gains in certain investment funds, limited partnership	8,000
Increase for change in unrecognized tax benefits	94,300
Increase due to internal reorganizations	46,800
Increase due to share-based compensation benefits	3,500
Investment tax credit	66,000
Unrecognized tax benefits of deferred tax assets offset by valuation allowance	23,400
Net unrecognized tax benefit excluding portion offset by valuation allowance	30,700	29,900
Possible decrease in tax expense in next 12 months	4,800
Provision for deferred income tax liabilities	19,900	27,500
Effect of IRS Settlement	0	300,460	$ 0
Foreign
Income Tax Contingency [Line Items]
Operating loss carryforwards	746,000
Operating loss carryforwards, no expiration	104,400
Domestic
Income Tax Contingency [Line Items]
Operating loss carryforwards	325,100
State and local jurisdiction
Income Tax Contingency [Line Items]
Operating loss carryforwards	230,400
Operating loss carryforwards, no expiration	$ 14,300
IRS
Income Tax Contingency [Line Items]
Effect of IRS Settlement		$ 300,500

INCOME TAXES - Income Tax Recon

INCOME TAXES - Income Tax Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Expected statutory rate	26.50%	26.50%	26.50%
Expected provision for income taxes	$ 136,743	$ 172,454	$ 91,479
Effect of foreign tax rate differences	(4,578)	(4,309)	218
Change in valuation allowance	(2,444)	(5,900)	(222)
Effect of permanent differences	(12,710)	(1,885)	1,215
Effect of changes in unrecognized tax benefits	8,130	(86,170)	(19,284)
Effect of withholding taxes	6,617	8,500	8,036
Effect of tax credits for research and development	(12,330)	(16,086)	(14,947)
Effect of accrual for undistributed earnings	(6,343)	3,209	4,233
Effect of US BEAT	0	7,967	41,207
Effect of CARES Act	0	0	(7,009)
Effect of IRS Settlement	0	300,460	0
Impact of internal reorganization of subsidiaries	13,077	(33,676)	451
Other Items	(7,410)	(4,658)	5,460
Provision for (recovery of) income taxes	$ 118,752	$ 339,906	$ 110,837

INCOME TAXES - Income Before Pr

INCOME TAXES - Income Before Provision for Income Tax (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Domestic income (loss)	$ 435,355	$ 462,315	$ 241,862
Foreign income	80,656	188,455	103,343
Income before income taxes	$ 516,011	$ 650,770	$ 345,205

INCOME TAXES - Components of In

INCOME TAXES - Components of Income Tax (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Current income taxes (recoveries):
Domestic	$ 17,428	$ 310,615	$ 12,547
Foreign	137,412	(43,748)	46,902
Total	154,840	266,867	59,449
Deferred income taxes (recoveries):
Domestic	54,867	111,232	68,580
Foreign	(90,955)	(38,193)	(17,192)
Total	(36,088)	73,039	51,388
Provision for (recovery of) income taxes	$ 118,752	$ 339,906	$ 110,837

INCOME TAXES - Components of De

INCOME TAXES - Components of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Deferred tax assets
Non-capital loss carryforwards	$ 207,631	$ 174,486
Capital loss carryforwards	0	5,570
Capitalized scientific research and development expenses	121,771	85,553
Depreciation and amortization	314,168	391,974
Restructuring costs and other reserves	19,561	24,919
Capitalized inventory and intangible expenses	43,129	0
Research and development and investment tax credits	104,183	97,157
Lease liabilities	40,486	40,598
Deferred revenue	9,288	11,388
Other	82,516	67,677
Total deferred tax asset	942,733	899,322
Valuation allowance	(73,965)	(72,888)
Deferred tax liabilities
Right of use asset	(31,452)	(35,038)
Other	(93,049)	(102,882)
Deferred tax liabilities	(124,501)	(137,920)
Net deferred tax asset	744,267	688,514
Comprised of:
Long-term assets	810,154	796,738
Long-term liabilities	$ (65,887)	$ (108,224)

INCOME TAXES - Changes in the B

INCOME TAXES - Changes in the Balance of Gross Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Unrecognized tax benefits as of beginning of the period	$ 36,749	$ 195,081
Increases on account of current year positions	206	1,279
Increases on account of prior year positions	27,398	773
Decreases on account of prior year positions	(694)
Decreases due to settlements with tax authorities	(3,830)	(158,070)
Decreases due to lapses of statutes of limitations	(5,703)	(2,314)
Unrecognized tax benefits as of end of the period	$ 54,126	$ 36,749

INCOME TAXES - Interest and Pen

INCOME TAXES - Interest and Penalties Related to Liabilities for Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Interest expense	$ 419	$ 44,657	$ 5,764
Penalties expense	1,739	1,125	327
Total	$ 2,158	$ 45,782	$ 6,091

INCOME TAXES - Interest Accrued

INCOME TAXES - Interest Accrued and Penalties Accrued Related to Income Tax Expense (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Interest expense accrued	$ 4,821	$ 5,166
Penalties accrued	$ 3,569	$ 2,605

FAIR VALUE MEASUREMENT (Details

FAIR VALUE MEASUREMENT (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Financial Assets (Liabilities):
Derivative liability	$ (892)
Derivative asset		$ 1,131
Senior Notes
Financial Assets (Liabilities):
Fair value of note	2,800,000	2,700,000
Fair Value, Measurements, Recurring
Financial Assets (Liabilities):
Total	(892)	1,131
Fair Value, Measurements, Recurring | (Level 1)
Financial Assets (Liabilities):
Derivative liability	0
Derivative asset		0
Total	0	0
Fair Value, Measurements, Recurring | (Level 2)
Financial Assets (Liabilities):
Derivative liability	(892)
Derivative asset		1,131
Total	(892)	1,131
Fair Value, Measurements, Recurring | (Level 3)
Financial Assets (Liabilities):
Derivative liability	0
Derivative asset		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	12 Months Ended
	Jun. 30, 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	$ 66,500	$ 66,900
Prepaid expenses and other current assets (Accounts payable and accrued liabilities) | Cash Flow Hedging | Designated As Hedging Instrument | Foreign currency forward contracts
Derivatives, Fair Value [Line Items]
Derivative asset (liability), net	$ (892)	$ 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	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Derivatives, Fair Value [Line Items]
Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion)	$ (2,530)	$ 5,778	$ (2,261)
Operating expenses
Derivatives, Fair Value [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	$ (507)	$ 4,462	$ (1,340)

SPECIAL CHARGES (RECOVERIES) -

SPECIAL CHARGES (RECOVERIES) - Schedule of Special Charges Related to Restructuring Plan (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Restructuring Cost and Reserve [Line Items]
Acquisition-related costs	$ 6,872	$ 5,906	$ 13,750
Other charges (recoveries)	18,115	1,155	5,011
Total	46,873	1,748	100,428
Fiscal 2022 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Special charges	25,778	0	0
Restructuring Reserve	6,399	0
Accruals and adjustments	7,828
Cash payments	(1,336)
Restructuring Reserve, Foreign Currency Translation Gain (Loss) and Settled without Cash	(93)
Fiscal 2022 Restructuring Plan | Workforce reduction
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	989	0
Accruals and adjustments	2,138
Cash payments	(1,117)
Restructuring Reserve, Foreign Currency Translation Gain (Loss) and Settled without Cash	(32)
COVID-19 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Special charges	(3,625)	(8,929)	53,616
Restructuring Reserve	1,009	4,265	17,448
Accruals and adjustments	(2,355)	(241)
Cash payments	(1,021)	(13,314)
Restructuring Reserve, Foreign Currency Translation Gain (Loss) and Settled without Cash	120	372
COVID-19 Restructuring Plan | Workforce reduction
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	0	255	5,172
Accruals and adjustments	(101)	1,983
Cash payments	(144)	(7,172)
Restructuring Reserve, Foreign Currency Translation Gain (Loss) and Settled without Cash	(10)	272
Fiscal 2020 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Special charges	(128)	3,669	26,680
Restructuring Reserve	1,601	4,083	8,018
Accruals and adjustments	(182)	10,575
Cash payments	(2,182)	(14,197)
Restructuring Reserve, Foreign Currency Translation Gain (Loss) and Settled without Cash	(118)	(313)
Fiscal 2020 Restructuring Plan | Workforce reduction
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	0	2,217	1,576
Accruals and adjustments	(226)	11,444
Cash payments	(1,864)	(10,828)
Restructuring Reserve, Foreign Currency Translation Gain (Loss) and Settled without Cash	(127)	25
Restructuring Plans prior to Fiscal 2020 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Special charges	$ (139)	$ (53)	$ 1,371

SPECIAL CHARGES (RECOVERIES) _2

SPECIAL CHARGES (RECOVERIES) - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Restructuring Cost and Reserve [Line Items]
Acquisition-related costs	$ 6,872	$ 5,906	$ 13,750
Other charges (recoveries)	18,115	1,155	5,011
Zix Corporation
Restructuring Cost and Reserve [Line Items]
Acquisition-related costs	2,900
Pre-acquisition equity incentives | Zix Corporation
Restructuring Cost and Reserve [Line Items]
Other charges (recoveries)	15,400
Miscellaneous other charges
Restructuring Cost and Reserve [Line Items]
Other charges (recoveries)	2,700	1,200	4,300
Accelerated Amortization
Restructuring Cost and Reserve [Line Items]
Other charges (recoveries)			700
Fiscal 2022 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)	25,778	0	0
Special charges recorded to date	25,800
Fiscal 2022 Restructuring Plan | Minimum
Restructuring Cost and Reserve [Line Items]
Expected cost	32,000
Fiscal 2022 Restructuring Plan | Maximum
Restructuring Cost and Reserve [Line Items]
Expected cost	37,000
Fiscal 2022 Restructuring Plan | Abandoned facilities
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)	23,500
Fiscal 2022 Restructuring Plan | Reversal of lease liabilities
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)	(17,800)
COVID-19 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)	(3,625)	(8,929)	53,616
Special charges recorded to date	41,100
COVID-19 Restructuring Plan | Reversal of lease liabilities
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)		(12,500)
COVID-19 Restructuring Plan | Abandoned facilities and workforce reductions
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)	(3,600)
COVID-19 Restructuring Plan | Lease terminated early or assigned to third party
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)		(16,000)
COVID-19 Restructuring Plan | Abandoned facilities, workforce reductions and write-off of fixed assets
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)		7,100
Fiscal 2020 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)	(128)	3,669	$ 26,680
Special charges recorded to date	30,200
Fiscal 2020 Restructuring Plan | Reversal of lease liabilities
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)		(10,100)
Fiscal 2020 Restructuring Plan | Abandoned facilities and workforce reductions
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)	$ (100)
Fiscal 2020 Restructuring Plan | Lease terminated early or assigned to third party
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)		(13,500)
Fiscal 2020 Restructuring Plan | Abandoned facilities, workforce reductions and write-off of fixed assets
Restructuring Cost and Reserve [Line Items]
Special charges (recoveries)		$ 17,200

SPECIAL CHARGES (RECOVERIES) _3

SPECIAL CHARGES (RECOVERIES) - Schedule of Restructuring Reserve (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Fiscal 2022 Restructuring Plan
Restructuring Reserve [Roll Forward]
Balance, beginning	$ 0
Accruals and adjustments	7,828
Cash payments	(1,336)
Foreign exchange and other non-cash adjustments	(93)
Balance, end	6,399	$ 0
Fiscal 2022 Restructuring Plan | Workforce reduction
Restructuring Reserve [Roll Forward]
Balance, beginning	0
Accruals and adjustments	2,138
Cash payments	(1,117)
Foreign exchange and other non-cash adjustments	(32)
Balance, end	989	0
Fiscal 2022 Restructuring Plan | Facility charges
Restructuring Reserve [Roll Forward]
Balance, beginning	0
Accruals and adjustments	5,690
Cash payments	(219)
Foreign exchange and other non-cash adjustments	(61)
Balance, end	5,410	0
COVID-19 Restructuring Plan
Restructuring Reserve [Roll Forward]
Balance, beginning	4,265	17,448
Accruals and adjustments	(2,355)	(241)
Cash payments	(1,021)	(13,314)
Foreign exchange and other non-cash adjustments	120	372
Balance, end	1,009	4,265
COVID-19 Restructuring Plan | Workforce reduction
Restructuring Reserve [Roll Forward]
Balance, beginning	255	5,172
Accruals and adjustments	(101)	1,983
Cash payments	(144)	(7,172)
Foreign exchange and other non-cash adjustments	(10)	272
Balance, end	0	255
COVID-19 Restructuring Plan | Facility charges
Restructuring Reserve [Roll Forward]
Balance, beginning	4,010	12,276
Accruals and adjustments	(2,254)	(2,224)
Cash payments	(877)	(6,142)
Foreign exchange and other non-cash adjustments	130	100
Balance, end	1,009	4,010
Fiscal 2020 Restructuring Plan
Restructuring Reserve [Roll Forward]
Balance, beginning	4,083	8,018
Accruals and adjustments	(182)	10,575
Cash payments	(2,182)	(14,197)
Foreign exchange and other non-cash adjustments	(118)	(313)
Balance, end	1,601	4,083
Fiscal 2020 Restructuring Plan | Workforce reduction
Restructuring Reserve [Roll Forward]
Balance, beginning	2,217	1,576
Accruals and adjustments	(226)	11,444
Cash payments	(1,864)	(10,828)
Foreign exchange and other non-cash adjustments	(127)	25
Balance, end	0	2,217
Fiscal 2020 Restructuring Plan | Facility charges
Restructuring Reserve [Roll Forward]
Balance, beginning	1,866	6,442
Accruals and adjustments	44	(869)
Cash payments	(318)	(3,369)
Foreign exchange and other non-cash adjustments	9	(338)
Balance, end	$ 1,601	$ 1,866

ACQUISITIONS - Narrative (Detai

ACQUISITIONS - Narrative (Details) - USD ($) $ in Thousands						12 Months Ended
	Dec. 23, 2021	Nov. 24, 2021	Mar. 09, 2020	Dec. 24, 2019	Dec. 02, 2019	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Business Acquisition [Line Items]
Goodwill						$ 5,244,653	$ 4,691,673	$ 4,672,356
Acquisition-related costs						6,872	5,906	13,750
Other charges (recoveries)						18,115	1,155	$ 5,011
Zix Corporation
Business Acquisition [Line Items]
Purchase consideration	$ 894,500
Cash consideration	18,600
Goodwill	581,032
Goodwill expected to be tax deductible	103,700
Acquired receivables, fair value	28,400
Acquired receivables, gross contractual amount	32,700
Acquired receivables, estimated uncollectible	$ 4,300
Acquisition-related costs						2,900
Pre-acquisition equity incentives, cost not yet recognized						$ 26,300
Period for recognition						2 years
Zix Corporation | Pre-acquisition equity incentives
Business Acquisition [Line Items]
Other charges (recoveries)						$ 15,400
Bricata
Business Acquisition [Line Items]
Purchase consideration		$ 17,800
XMedius
Business Acquisition [Line Items]
Purchase consideration			$ 73,500
Goodwill			48,823
Goodwill expected to be tax deductible			100
Acquired receivables, fair value			6,300
Acquired receivables, gross contractual amount			6,600
Acquired receivables, estimated uncollectible			300
Purchase consideration unpaid			700
Deferred revenue			18,500
Deferred revenue adjustment			$ 2,700
Carbonite
Business Acquisition [Line Items]
Purchase consideration				$ 1,400,000
Goodwill				851,970
Goodwill expected to be tax deductible				6,900
Acquired receivables, fair value				45,700
Acquired receivables, gross contractual amount				47,100
Acquired receivables, estimated uncollectible				1,400
Deferred revenue				171,000
Deferred revenue adjustment				$ 74,700
Dynamic Solutions Group Inc
Business Acquisition [Line Items]
Purchase consideration					$ 5,100
Cash consideration							$ 1,000

ACQUISITIONS - Acquisition Prel

ACQUISITIONS - Acquisition Preliminary Purchase Price Allocation (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 23, 2021	Jun. 30, 2021	Jun. 30, 2020	Mar. 09, 2020	Dec. 24, 2019
Business Acquisition [Line Items]
Goodwill	$ 5,244,653		$ 4,691,673	$ 4,672,356
Zix Corporation
Business Acquisition [Line Items]
Current assets, inclusive of cash acquired		$ 74,443
Cash acquired		38,300
Non-current tangible assets		13,557
Liabilities assumed		(79,621)
Total identifiable net assets		313,429
Goodwill		581,032
Net assets acquired		894,461
Zix Corporation | Customer assets
Business Acquisition [Line Items]
Intangible assets		212,400
Zix Corporation | Technology assets
Business Acquisition [Line Items]
Intangible assets		$ 92,650
XMedius
Business Acquisition [Line Items]
Current assets, inclusive of cash acquired					$ 8,479
Non-current tangible assets					3,792
Liabilities assumed					(34,602)
Total identifiable net assets					24,722
Goodwill					48,823
Net assets acquired					73,545
XMedius | Customer assets
Business Acquisition [Line Items]
Intangible assets					35,910
XMedius | Technology assets
Business Acquisition [Line Items]
Intangible assets					$ 11,143
Carbonite
Business Acquisition [Line Items]
Current assets, inclusive of cash acquired						$ 127,532
Cash acquired						62,900
Restricted cash acquired						2,400
Non-current tangible assets						105,742
Liabilities assumed						(554,320)
Total identifiable net assets						518,454
Goodwill						851,970
Net assets acquired						1,370,424
Carbonite | Customer assets
Business Acquisition [Line Items]
Intangible assets						549,500
Carbonite | Technology assets
Business Acquisition [Line Items]
Intangible assets						$ 290,000

SEGMENT INFORMATION - Revenue F

SEGMENT INFORMATION - Revenue From External Customers Attributed To Foreign Countries By Geographic Area (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	$ 3,493,844	$ 3,386,115	$ 3,109,736
Canada
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	186,213	166,430	149,457
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	1,968,597	1,870,620	1,719,877
United Kingdom
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	198,459	195,721	186,756
Germany
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	241,506	212,014	195,286
Rest of EMEA
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	586,236	623,872	560,239
All other countries
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	$ 312,833	$ 317,458	$ 298,121

SEGMENT INFORMATION - Entity-Wi

SEGMENT INFORMATION - Entity-Wide Disclosure On Geographic Areas, Long-Lived Assets In Individual Foreign Countries By Country (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Revenues from External Customers and Long-Lived Assets [Line Items]
Total	$ 1,518,049	$ 1,655,387
Canada
Revenues from External Customers and Long-Lived Assets [Line Items]
Total	339,793	530,830
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Total	1,003,803	868,376
United Kingdom
Revenues from External Customers and Long-Lived Assets [Line Items]
Total	13,359	14,629
Germany
Revenues from External Customers and Long-Lived Assets [Line Items]
Total	39,554	60,470
Rest of EMEA
Revenues from External Customers and Long-Lived Assets [Line Items]
Total	76,440	116,429
All other countries
Revenues from External Customers and Long-Lived Assets [Line Items]
Total	$ 45,100	$ 64,653

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	$ 4,099,453	$ 4,006,709	$ 3,884,670
Other comprehensive income (loss) before reclassifications, net of tax	(74,988)	50,673	(8,201)
Amounts reclassified into net income, net of tax	1,091	(2,260)	1,902
Total other comprehensive income (loss) net	(73,897)	48,413	(6,299)
Ending balance	4,032,260	4,099,453	4,006,709
Accumulated Other Comprehensive Income (Loss)
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	66,238	17,825	24,124
Ending balance	(7,659)	66,238	17,825
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	75,408	32,968	40,752
Other comprehensive income (loss) before reclassifications, net of tax	(78,724)	42,440	(7,784)
Amounts reclassified into net income, net of tax	0	0	0
Total other comprehensive income (loss) net	(78,724)	42,440	(7,784)
Ending balance	(3,316)	75,408	32,968
Cash Flow Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	830	(136)	541
Other comprehensive income (loss) before reclassifications, net of tax	(1,859)	4,246	(1,662)
Amounts reclassified into net income, net of tax	373	(3,280)	985
Total other comprehensive income (loss) net	(1,486)	966	(677)
Ending balance	(656)	830	(136)
Defined Benefit Pension Plans
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(10,000)	(15,007)	(17,169)
Other comprehensive income (loss) before reclassifications, net of tax	5,595	3,987	1,245
Amounts reclassified into net income, net of tax	718	1,020	917
Total other comprehensive income (loss) net	6,313	5,007	2,162
Ending balance	$ (3,687)	$ (10,000)	$ (15,007)

SUPPLEMENTAL CASH FLOW DISCLO_3

SUPPLEMENTAL CASH FLOW DISCLOSURES (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Income Tax Examination [Line Items]
Cash paid during the period for interest	$ 152,750	$ 147,996	$ 146,698
Cash received during the period for interest	4,637	3,856	11,768
Cash paid during the period for income taxes	$ 116,583	400,137	$ 94,733
IRS
Income Tax Examination [Line Items]
Income taxes paid		$ 299,600

OTHER INCOME (EXPENSE), NET - S

OTHER INCOME (EXPENSE), NET - Schedule of Other Income (Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Other Income and Expenses [Abstract]
Foreign exchange gains (losses)	$ (2,670)	$ (1,273)
OpenText share in net income of equity investees	58,702	62,897	$ 8,700
Loss on extinguishment of debt	(27,413)	0	(17,854)
Other miscellaneous income (expense)	499	(190)	1,392
Total other income (expense), net	$ 29,118	$ 61,434	$ (11,946)

OTHER INCOME (EXPENSE), NET - A

OTHER INCOME (EXPENSE), NET - Additional information (Details) - USD ($) $ in Thousands		12 Months Ended
	Dec. 09, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Debt Instrument [Line Items]
Loss on extinguishment of debt		$ (27,413)	$ 0	$ (17,854)
Debt extinguishment costs		$ 24,969	$ 0	$ 11,248
Senior Notes 2026 | Senior Notes
Debt Instrument [Line Items]
Loss on extinguishment of debt	$ (27,400)
Debt extinguishment costs	25,000
Unamortized debt issuance costs	6,200
Unamortized premium	$ (3,800)
Minimum
Debt Instrument [Line Items]
Ownership percentage		4%
Maximum
Debt Instrument [Line Items]
Ownership percentage		20%

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Basic earnings per share
Net income attributable to OpenText	$ 397,090	$ 310,672	$ 234,225
Basic earnings per share attributable to OpenText (in dollars per share)	$ 1.46	$ 1.14	$ 0.86
Diluted earnings per share
Net income attributable to OpenText	$ 397,090	$ 310,672	$ 234,225
Diluted earnings per share attributable to OpenText (in dollars per share)	$ 1.46	$ 1.14	$ 0.86
Weighted-average number of shares outstanding (in '000's)
Basic (in shares)	271,271	272,533	270,847
Effect of dilutive securities (in shares)	638	946	970
Diluted (in shares)	271,909	273,479	271,817
Excluded as anti-dilutive (in shares)	4,927	4,147	3,001

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Director, Stephen Sadler
Related Party Transaction [Line Items]
Consultancy fees for business acquisition-related activities	$ 400	$ 37	$ 700

SUBSEQUENT EVENT (Details)

SUBSEQUENT EVENT (Details) - $ / shares		12 Months Ended
	Aug. 03, 2022	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Subsequent Event [Line Items]
Dividends declared per common share (in dollars per share)		$ 0.8836	$ 0.7770	$ 0.6984
Subsequent event
Subsequent Event [Line Items]
Dividends declared per common share (in dollars per share)	$ 0.24299