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10-Q Filing

OPEN TEXT CORP CIK: 1002638 Q1 2024
Filing Information
Form Type 10-Q
Accession Number 0001002638-23-000032
Period End Date 20230930
Filing Date 20231102
Fiscal Year 2024
Fiscal Period Q1
XBRL Instance otex-20230930_htm.xml
Balance Sheet 85 line items
Line Item Tag Value Unit Period
Accounts receivable trade, allowance for credit losses AllowanceForDoubtfulAccountsReceivableCurrent $13.83M USD Point-in-time
Accounts receivable trade, allowance for credit losses AllowanceForDoubtfulAccountsReceivableCurrent $11.50M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $919.85M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 271.23M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 270.90M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.23B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.70B USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 271.23M shares Point-in-time
Accounts receivable trade, net of allowance for credit losses of $11,501 as of September 30, 2023 and $13,828 as of June 30, 2023 (Note 4) AccountsReceivableNetCurrent $682.52M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 270.90M shares Point-in-time
Accounts receivable trade, net of allowance for credit losses of $11,501 as of September 30, 2023 and $13,828 as of June 30, 2023 (Note 4) AccountsReceivableNetCurrent $676.59M USD Point-in-time
Treasury stock (in shares) TreasuryStockCommonShares 3.54M shares Point-in-time
Treasury stock (in shares) TreasuryStockCommonShares 4.75M shares Point-in-time
Contract assets (Note 3) ContractWithCustomerAssetNetCurrent $78.56M USD Point-in-time
Contract assets (Note 3) ContractWithCustomerAssetNetCurrent $71.20M USD Point-in-time
Income taxes recoverable (Note 15) IncomeTaxesReceivable $68.16M USD Point-in-time
Income taxes recoverable (Note 15) IncomeTaxesReceivable $70.18M USD Point-in-time
Prepaid expenses and other current assets (Note 9) PrepaidExpenseAndOtherAssetsCurrent $221.73M USD Point-in-time
Prepaid expenses and other current assets (Note 9) PrepaidExpenseAndOtherAssetsCurrent $199.92M USD Point-in-time
Total current assets AssetsCurrent $1.95B USD Point-in-time
Total current assets AssetsCurrent $2.28B USD Point-in-time
Property and equipment (Note 5) PropertyPlantAndEquipmentNet $361.61M USD Point-in-time
Property and equipment (Note 5) PropertyPlantAndEquipmentNet $356.90M USD Point-in-time
Operating lease right of use assets (Note 6) OperatingLeaseRightOfUseAsset $266.05M USD Point-in-time
Operating lease right of use assets (Note 6) OperatingLeaseRightOfUseAsset $285.72M USD Point-in-time
Long-term contract assets (Note 3) ContractWithCustomerAssetNetNoncurrent $54.45M USD Point-in-time
Long-term contract assets (Note 3) ContractWithCustomerAssetNetNoncurrent $64.55M USD Point-in-time
Goodwill (Note 7) Goodwill $8.66B USD Point-in-time
Goodwill (Note 7) Goodwill $8.62B USD Point-in-time
Acquired intangible assets (Note 8) IntangibleAssetsNetExcludingGoodwill $3.89B USD Point-in-time
Acquired intangible assets (Note 8) IntangibleAssetsNetExcludingGoodwill $4.08B USD Point-in-time
Deferred tax assets (Note 15) DeferredIncomeTaxAssetsNet $996.51M USD Point-in-time
Deferred tax assets (Note 15) DeferredIncomeTaxAssetsNet $926.72M USD Point-in-time
Other assets (Note 9) OtherAssetsNoncurrent $328.97M USD Point-in-time
Other assets (Note 9) OtherAssetsNoncurrent $342.32M USD Point-in-time
Long-term income taxes recoverable (Note 15) IncomeTaxesReceivableNoncurrent $94.19M USD Point-in-time
Long-term income taxes recoverable (Note 15) IncomeTaxesReceivableNoncurrent $94.27M USD Point-in-time
Total assets Assets $17.09B USD Point-in-time
Total assets Assets $16.55B USD Point-in-time
Accounts payable and accrued liabilities (Note 10) CurrentAccountsPayableAndAccruedLiabilitiesPlusOtherAccruals $996.26M USD Point-in-time
Accounts payable and accrued liabilities (Note 10) CurrentAccountsPayableAndAccruedLiabilitiesPlusOtherAccruals $836.04M USD Point-in-time
Current portion of long-term debt (Note 11) LongTermDebtCurrent $320.85M USD Point-in-time
Current portion of long-term debt (Note 11) LongTermDebtCurrent $145.85M USD Point-in-time
Operating lease liabilities (Note 6) OperatingLeaseLiabilityCurrent $91.42M USD Point-in-time
Operating lease liabilities (Note 6) OperatingLeaseLiabilityCurrent $90.42M USD Point-in-time
Deferred revenues (Note 3) ContractWithCustomerLiabilityCurrent $1.60B USD Point-in-time
Deferred revenues (Note 3) ContractWithCustomerLiabilityCurrent $1.72B USD Point-in-time
Income taxes payable (Note 15) AccruedIncomeTaxesCurrent $89.30M USD Point-in-time
Income taxes payable (Note 15) AccruedIncomeTaxesCurrent $153.40M USD Point-in-time
Total current liabilities LiabilitiesCurrent $2.82B USD Point-in-time
Total current liabilities LiabilitiesCurrent $3.22B USD Point-in-time
Accrued liabilities (Note 10) NonCurrentAccountsPayableAndAccruedLiabilitiesPlusOtherAccruals $49.33M USD Point-in-time
Accrued liabilities (Note 10) NonCurrentAccountsPayableAndAccruedLiabilitiesPlusOtherAccruals $51.96M USD Point-in-time
Pension liability (Note 12) PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $125.62M USD Point-in-time
Pension liability (Note 12) PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $126.31M USD Point-in-time
Long-term debt (Note 11) LongTermDebtNoncurrent $8.56B USD Point-in-time
Long-term debt (Note 11) LongTermDebtNoncurrent $8.55B USD Point-in-time
Long-term operating lease liabilities (Note 6) OperatingLeaseLiabilityNoncurrent $271.58M USD Point-in-time
Long-term operating lease liabilities (Note 6) OperatingLeaseLiabilityNoncurrent $252.63M USD Point-in-time
Long-term deferred revenues (Note 3) ContractWithCustomerLiabilityNoncurrent $197.11M USD Point-in-time
Long-term deferred revenues (Note 3) ContractWithCustomerLiabilityNoncurrent $217.77M USD Point-in-time
Long-term income taxes payable (Note 15) LiabilityForUncertainTaxPositionsNoncurrent $193.81M USD Point-in-time
Long-term income taxes payable (Note 15) LiabilityForUncertainTaxPositionsNoncurrent $148.82M USD Point-in-time
Deferred tax liabilities (Note 15) DeferredIncomeTaxLiabilitiesNet $423.95M USD Point-in-time
Deferred tax liabilities (Note 15) DeferredIncomeTaxLiabilitiesNet $389.51M USD Point-in-time
Total long-term liabilities LiabilitiesNoncurrent $9.85B USD Point-in-time
Total long-term liabilities LiabilitiesNoncurrent $9.72B USD Point-in-time
Common shares CommonStocksIncludingAdditionalPaidInCapital $2.18B USD Point-in-time
Common shares CommonStocksIncludingAdditionalPaidInCapital $2.22B USD Point-in-time
Accumulated other comprehensive income (loss) (Note 20) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-70.03M USD Point-in-time
Accumulated other comprehensive income (loss) (Note 20) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-53.56M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.05B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.06B USD Point-in-time
Treasury stock, at cost (4,753,281 and 3,536,375 shares at September 30, 2023 and June 30, 2023, respectively) TreasuryStockCommonValue $196.12M USD Point-in-time
Treasury stock, at cost (4,753,281 and 3,536,375 shares at September 30, 2023 and June 30, 2023, respectively) TreasuryStockCommonValue $151.60M USD Point-in-time
Total OpenText shareholders' equity StockholdersEquity $4.02B USD Point-in-time
Total OpenText shareholders' equity StockholdersEquity $4.01B USD Point-in-time
Non-controlling interests MinorityInterest $1.33M USD Point-in-time
Non-controlling interests MinorityInterest $1.37M USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.85B USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.01B USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.02B USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.03B USD Point-in-time
Total liabilities and shareholders equity LiabilitiesAndStockholdersEquity $16.55B USD Point-in-time
Total liabilities and shareholders equity LiabilitiesAndStockholdersEquity $17.09B USD Point-in-time
Income Statement 46 line items
Line Item Tag Value Unit Period
Total revenues RevenueFromContractWithCustomerExcludingAssessedTax $1.43B USD 1 Quarter
Total revenues RevenueFromContractWithCustomerExcludingAssessedTax $852.04M USD 1 Quarter
Amortization of acquired technology-based intangible assets (Note 8) CostOfGoodsAndServicesSoldAmortization $76.82M USD 1 Quarter
Amortization of acquired technology-based intangible assets (Note 8) CostOfGoodsAndServicesSoldAmortization $42.64M USD 1 Quarter
Total cost of revenues CostOfGoodsAndServicesSold $258.35M USD 1 Quarter
Total cost of revenues CostOfGoodsAndServicesSold $407.01M USD 1 Quarter
Gross profit GrossProfit $593.69M USD 1 Quarter
Gross profit GrossProfit $1.02B USD 1 Quarter
Research and development ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $234.44M USD 1 Quarter
Research and development ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $110.20M USD 1 Quarter
Sales and marketing SellingAndMarketingExpense $271.80M USD 1 Quarter
Sales and marketing SellingAndMarketingExpense $167.17M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $78.07M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $131.21M USD 1 Quarter
Depreciation DepreciationNonproduction $23.17M USD 1 Quarter
Depreciation DepreciationNonproduction $34.09M USD 1 Quarter
Amortization of acquired customer-based intangible assets (Note 8) AmortizationOfIntangibleAssets $54.44M USD 1 Quarter
Amortization of acquired customer-based intangible assets (Note 8) AmortizationOfIntangibleAssets $120.19M USD 1 Quarter
Special charges (recoveries) (Note 18) RestructuringSettlementAndImpairmentProvisions $13.79M USD 1 Quarter
Special charges (recoveries) (Note 18) RestructuringSettlementAndImpairmentProvisions $14.28M USD 1 Quarter
Total operating expenses OperatingExpenses $805.53M USD 1 Quarter
Total operating expenses OperatingExpenses $447.33M USD 1 Quarter
Income from operations OperatingIncomeLoss $146.35M USD 1 Quarter
Income from operations OperatingIncomeLoss $212.89M USD 1 Quarter
Other income (expense), net (Note 22) NonoperatingIncomeExpense $20.17M USD 1 Quarter
Other income (expense), net (Note 22) NonoperatingIncomeExpense $-189.23M USD 1 Quarter
Interest and other related expense, net InterestIncomeExpenseNet $-40.38M USD 1 Quarter
Interest and other related expense, net InterestIncomeExpenseNet $-141.76M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-83.26M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $91.30M USD 1 Quarter
Provision for income taxes (Note 15) IncomeTaxExpenseBenefit $10.35M USD 1 Quarter
Provision for income taxes (Note 15) IncomeTaxExpenseBenefit $33.62M USD 1 Quarter
Net income (loss) for the period ProfitLoss $-116.89M USD 1 Quarter
Net income (loss) for the period ProfitLoss $80.95M USD 1 Quarter
Net (income) attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $45.00K USD 1 Quarter
Net (income) attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $44.00K USD 1 Quarter
Net income (loss) attributable to OpenText NetIncomeLoss $-116.93M USD 1 Quarter
Net income (loss) attributable to OpenText NetIncomeLoss $80.90M USD 1 Quarter
Earnings (loss) per sharebasic attributable to OpenText (Note 23) (in dollars per share) EarningsPerShareBasic $-0.43 USD 1 Quarter
Earnings (loss) per sharebasic attributable to OpenText (Note 23) (in dollars per share) EarningsPerShareBasic $0.30 USD 1 Quarter
Earnings (loss) per sharediluted attributable to OpenText (Note 23) (in dollars per share) EarningsPerShareDiluted $0.30 USD 1 Quarter
Earnings (loss) per sharediluted attributable to OpenText (Note 23) (in dollars per share) EarningsPerShareDiluted $-0.43 USD 1 Quarter
Weighted average number of Common Shares outstandingbasic (in '000's) (in shares) WeightedAverageNumberOfSharesOutstandingBasic 271.18M shares 1 Quarter
Weighted average number of Common Shares outstandingbasic (in '000's) (in shares) WeightedAverageNumberOfSharesOutstandingBasic 269.80M shares 1 Quarter
Weighted average number of Common Shares outstandingdiluted (in '000's) (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 271.90M shares 1 Quarter
Weighted average number of Common Shares outstandingdiluted (in '000's) (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 269.80M shares 1 Quarter
Cash Flow Statement 81 line items
Line Item Tag Value Unit Period
Net income (loss) for the period ProfitLoss $-116.89M USD 1 Quarter
Net income (loss) for the period ProfitLoss $80.95M USD 1 Quarter
Depreciation and amortization of intangible assets OtherDepreciationAndAmortization $120.25M USD 1 Quarter
Depreciation and amortization of intangible assets OtherDepreciationAndAmortization $231.11M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $37.09M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $23.21M USD 1 Quarter
Pension expense PensionExpense $1.39M USD 1 Quarter
Pension expense PensionExpense $3.17M USD 1 Quarter
Amortization of debt discount and issuance costs AmortizationOfFinancingCosts $5.50M USD 1 Quarter
Amortization of debt discount and issuance costs AmortizationOfFinancingCosts $1.48M USD 1 Quarter
Write-off of right of use assets OperatingLeaseImpairmentLoss $2.83M USD 1 Quarter
Write-off of right of use assets OperatingLeaseImpairmentLoss $4.71M USD 1 Quarter
Loss on sale and write down of property and equipment GainLossOnSaleOfPropertyPlantEquipment - USD 1 Quarter
Loss on sale and write down of property and equipment GainLossOnSaleOfPropertyPlantEquipment $-458.00K USD 1 Quarter
Deferred taxes DeferredIncomeTaxExpenseBenefit $-88.63M USD 1 Quarter
Deferred taxes DeferredIncomeTaxExpenseBenefit $-20.67M USD 1 Quarter
Share in net loss of equity investees IncomeLossFromEquityMethodInvestments $-9.70M USD 1 Quarter
Share in net loss of equity investees IncomeLossFromEquityMethodInvestments $-6.53M USD 1 Quarter
Changes in financial instruments UnrealizedGainLossOnDerivatives $17.89M USD 1 Quarter
Changes in financial instruments UnrealizedGainLossOnDerivatives $-181.46M USD 1 Quarter
Accounts receivable IncreaseDecreaseInReceivables $-59.49M USD 1 Quarter
Accounts receivable IncreaseDecreaseInReceivables $-31.30M USD 1 Quarter
Contract assets IncreaseDecreaseInContractWithCustomerAsset $9.05M USD 1 Quarter
Contract assets IncreaseDecreaseInContractWithCustomerAsset $22.57M USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $2.93M USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-19.33M USD 1 Quarter
Income taxes IncreaseDecreaseInIncomeTaxes $29.60M USD 1 Quarter
Income taxes IncreaseDecreaseInIncomeTaxes $15.83M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-124.21M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-27.18M USD 1 Quarter
Deferred revenue IncreaseDecreaseInContractWithCustomerLiability $-53.78M USD 1 Quarter
Deferred revenue IncreaseDecreaseInContractWithCustomerLiability $-150.48M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-4.10M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $47.75M USD 1 Quarter
Operating lease assets and liabilities, net IncreaseDecreaseinOperatingLeaseAssetsandLiabilitiesNet $2.27M USD 1 Quarter
Operating lease assets and liabilities, net IncreaseDecreaseinOperatingLeaseAssetsandLiabilitiesNet $6.11M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $47.12M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $131.96M USD 1 Quarter
Additions of property and equipment PaymentsToAcquireProductiveAssets $37.54M USD 1 Quarter
Additions of property and equipment PaymentsToAcquireProductiveAssets $36.32M USD 1 Quarter
Micro Focus acquisition PaymentsToAcquireBusinessTwoNetOfCashAcquired $9.27M USD 1 Quarter
Micro Focus acquisition PaymentsToAcquireBusinessTwoNetOfCashAcquired - USD 1 Quarter
Proceeds from net investment hedge derivative contracts ProceedsFromHedgeInvestingActivities - USD 1 Quarter
Proceeds from net investment hedge derivative contracts ProceedsFromHedgeInvestingActivities $1.97M USD 1 Quarter
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $5.55M USD 1 Quarter
Other investing activities PaymentsForProceedsFromOtherInvestingActivities - USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-36.32M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-50.40M USD 1 Quarter
Proceeds from issuance of Common Shares from exercise of stock options and ESPP ProceedsFromIssuanceOfCommonStock $11.45M USD 1 Quarter
Proceeds from issuance of Common Shares from exercise of stock options and ESPP ProceedsFromIssuanceOfCommonStock $10.04M USD 1 Quarter
Repayment of long-term debt and Revolver RepaymentsOfLongTermDebt $2.50M USD 1 Quarter
Repayment of long-term debt and Revolver RepaymentsOfLongTermDebt $186.46M USD 1 Quarter
Debt issuance costs PaymentsOfDebtIssuanceCosts $1.96M USD 1 Quarter
Debt issuance costs PaymentsOfDebtIssuanceCosts - USD 1 Quarter
Purchase of treasury stock PaymentsForRepurchaseOfCommonStockHeldInTreasury $53.09M USD 1 Quarter
Purchase of treasury stock PaymentsForRepurchaseOfCommonStockHeldInTreasury - USD 1 Quarter
Payments of dividends to shareholders PaymentsOfDividends $66.97M USD 1 Quarter
Payments of dividends to shareholders PaymentsOfDividends $64.70M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-297.02M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-57.16M USD 1 Quarter
Foreign exchange loss on cash held in foreign currencies EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-11.50M USD 1 Quarter
Foreign exchange loss on cash held in foreign currencies EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-28.10M USD 1 Quarter
Increase (decrease) in cash, cash equivalents and restricted cash during the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $10.37M USD 1 Quarter
Increase (decrease) in cash, cash equivalents and restricted cash during the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-311.80M USD 1 Quarter
Cash, cash equivalents and restricted cash at beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.70B USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $922.15M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.23B USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.71B USD Point-in-time
Cash, cash equivalents and restricted cash at end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.70B USD Point-in-time
Cash, cash equivalents and restricted cash at end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $922.15M USD Point-in-time
Cash, cash equivalents and restricted cash at end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.23B USD Point-in-time
Cash, cash equivalents and restricted cash at end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.71B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $919.85M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.23B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.70B USD Point-in-time
Restricted cash RestrictedCash $2.30M USD Point-in-time
Restricted cash RestrictedCash $1.90M USD Point-in-time
Total cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.70B USD Point-in-time
Total cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $922.15M USD Point-in-time
Total cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.23B USD Point-in-time
Total cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.71B USD Point-in-time
Stockholders Equity 34 line items
Line Item Tag Value Unit Period
Dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.24 USD 1 Quarter
Dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.25 USD 1 Quarter
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.85B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.01B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.02B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.03B USD Point-in-time
Beginning balance (in shares) TreasuryStockCommonShares 3.54M shares Point-in-time
Beginning balance (in shares) TreasuryStockCommonShares 4.75M shares Point-in-time
Under employee stock option plans (in shares) StockIssuedDuringPeriodSharesStockOptionsExercised 84,885.00 shares 1 Quarter
Under employee stock option plans StockIssuedDuringPeriodValueStockOptionsExercised $2.89M USD 1 Quarter
Under employee stock option plans StockIssuedDuringPeriodValueStockOptionsExercised $1.99M USD 1 Quarter
Under employee stock purchase plans StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $8.64M USD 1 Quarter
Under employee stock purchase plans StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $9.18M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $37.00M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $23.21M USD 1 Quarter
Purchase of treasury stock (in shares) TreasuryStockSharesAcquired 1.40M shares 1 Quarter
Purchase of treasury stock (in shares) TreasuryStockSharesAcquired 0.00 shares 1 Quarter
Purchase of treasury stock TreasuryStockValueAcquiredCostMethod $53.09M USD 1 Quarter
Issuance of treasury stock StockIssuedDuringPeriodValueTreasuryStockReissued - USD 1 Quarter
Issuance of treasury stock StockIssuedDuringPeriodValueTreasuryStockReissued - USD 1 Quarter
Issuance of treasury stock (in shares) StockIssuedDuringPeriodSharesTreasuryStockReissued 120,406.00 shares 1 Quarter
Issuance of treasury stock (in shares) StockIssuedDuringPeriodSharesTreasuryStockReissued 183,313.00 shares 1 Quarter
Dividends declared Dividends $67.78M USD 1 Quarter
Dividends declared Dividends $64.70M USD 1 Quarter
Other comprehensive income (loss) - net OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-16.47M USD 1 Quarter
Other comprehensive income (loss) - net OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-34.92M USD 1 Quarter
Net income (loss) for the period ProfitLoss $-116.89M USD 1 Quarter
Net income (loss) for the period ProfitLoss $80.95M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.85B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.01B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.02B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.03B USD Point-in-time
Ending balance (in shares) TreasuryStockCommonShares 3.54M shares Point-in-time
Ending balance (in shares) TreasuryStockCommonShares 4.75M shares Point-in-time
Comprehensive Income 32 line items
Line Item Tag Value Unit Period
Unrealized gain (loss) - net of tax expense (recovery) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax $-1.21M USD 1 Quarter
Unrealized gain (loss) - net of tax expense (recovery) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax $-664.00K USD 1 Quarter
Net income (loss) for the period ProfitLoss $-116.89M USD 1 Quarter
Net income (loss) for the period ProfitLoss $80.95M USD 1 Quarter
(Gain) loss reclassified into net income - net of tax expense (recovery) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax $-212.00K USD 1 Quarter
(Gain) loss reclassified into net income - net of tax expense (recovery) OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax $-3.00K USD 1 Quarter
Unrealized gain (loss), net of tax expense (recovery) OCIDebtSecuritiesAvailableForSaleUnrealizedHoldingGainLossTax $59.00K USD 1 Quarter
Unrealized gain (loss), net of tax expense (recovery) OCIDebtSecuritiesAvailableForSaleUnrealizedHoldingGainLossTax - USD 1 Quarter
Net foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-14.58M USD 1 Quarter
Net foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-36.37M USD 1 Quarter
Actuarial gain (loss) - net of tax expense (recovery) OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax $19.00K USD 1 Quarter
Actuarial gain (loss) - net of tax expense (recovery) OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax $1.10M USD 1 Quarter
Amortization of actuarial (gain) loss into net income - net of tax expense (recovery) OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax $75.00K USD 1 Quarter
Unrealized gain (loss) - net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-1.84M USD 1 Quarter
Unrealized gain (loss) - net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-3.34M USD 1 Quarter
Amortization of actuarial (gain) loss into net income - net of tax expense (recovery) OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax $26.00K USD 1 Quarter
(Gain) loss reclassified into net income - net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $-9.00K USD 1 Quarter
(Gain) loss reclassified into net income - net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $-588.00K USD 1 Quarter
Unrealized gain (loss) - net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax - USD 1 Quarter
Unrealized gain (loss) - net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-221.00K USD 1 Quarter
Actuarial gain (loss) - net of tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $4.16M USD 1 Quarter
Actuarial gain (loss) - net of tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax $-19.00K USD 1 Quarter
Amortization of actuarial (gain) loss into net income - net of tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax $189.00K USD 1 Quarter
Amortization of actuarial (gain) loss into net income - net of tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax $37.00K USD 1 Quarter
Total other comprehensive loss net, for the period OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-16.47M USD 1 Quarter
Total other comprehensive loss net, for the period OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-34.92M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-151.80M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $64.48M USD 1 Quarter
Comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $45.00K USD 1 Quarter
Comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $44.00K USD 1 Quarter
Total comprehensive income (loss) attributable to OpenText ComprehensiveIncomeNetOfTax $64.44M USD 1 Quarter
Total comprehensive income (loss) attributable to OpenText ComprehensiveIncomeNetOfTax $-151.85M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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