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10-Q Filing

OPEN TEXT CORP CIK: 1002638 Q1 2010
Filing Information
Form Type 10-Q
Accession Number 0001193125-09-216185
Period End Date 20090930
Filing Date 20091028
Fiscal Year 2010
Fiscal Period Q1
XBRL Instance otex-20090930.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 line items
Line Item Tag Value Unit Period
Share capital- 56,373,651 and 52,716,751 Common Shares issued and outstanding at September 30, 2009 and June 30, 2009, respectively; Authorized Common Shares: unlimited CommonStockValue $457.98M USD Point-in-time
Share capital- 56,373,651 and 52,716,751 Common Shares issued and outstanding at September 30, 2009 and June 30, 2009, respectively; Authorized Common Shares: unlimited CommonStockValue $588.87M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $275.82M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $250.13M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $212.19M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $254.92M USD Point-in-time
Short-term investments AvailableForSaleSecuritiesCurrent $19.77M USD Point-in-time
Short-term investments AvailableForSaleSecuritiesCurrent - USD Point-in-time
Accounts receivable trade, net of allowance for doubtful accounts of $4,464 as of September 30, 2009 and $4,208 as of June 30, 2009 AccountsReceivableNetCurrent $135.57M USD Point-in-time
Accounts receivable trade, net of allowance for doubtful accounts of $4,464 as of September 30, 2009 and $4,208 as of June 30, 2009 AccountsReceivableNetCurrent $115.80M USD Point-in-time
Income taxes recoverable IncomeTaxesReceivable $4.50M USD Point-in-time
Income taxes recoverable IncomeTaxesReceivable $6.22M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpensesAndOtherCurrentAssets $18.17M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpensesAndOtherCurrentAssets $27.86M USD Point-in-time
Deferred tax assets DeferredTaxAssetsNetCurrent $22.18M USD Point-in-time
Deferred tax assets DeferredTaxAssetsNetCurrent $20.62M USD Point-in-time
Total current assets AssetsCurrent $423.80M USD Point-in-time
Total current assets AssetsCurrent $434.91M USD Point-in-time
Investments in marketable securities InvestmentsInMarketableSecurities - USD Point-in-time
Investments in marketable securities InvestmentsInMarketableSecurities $13.10M USD Point-in-time
Capital assets PropertyPlantAndEquipmentNet $45.16M USD Point-in-time
Capital assets PropertyPlantAndEquipmentNet $57.44M USD Point-in-time
Goodwill Goodwill $718.60M USD Point-in-time
Goodwill Goodwill $576.11M USD Point-in-time
Acquired intangible assets IntangibleAssetsNetExcludingGoodwill $315.05M USD Point-in-time
Acquired intangible assets IntangibleAssetsNetExcludingGoodwill $384.24M USD Point-in-time
Deferred tax assets DeferredTaxAssetsNetNoncurrent $75.21M USD Point-in-time
Deferred tax assets DeferredTaxAssetsNetNoncurrent $69.88M USD Point-in-time
Other assets OtherAssetsNoncurrent $13.06M USD Point-in-time
Other assets OtherAssetsNoncurrent $18.87M USD Point-in-time
Long-term income taxes recoverable LongTermIncomeTaxesRecoverable $42.39M USD Point-in-time
Long-term income taxes recoverable LongTermIncomeTaxesRecoverable $39.96M USD Point-in-time
Total assets Assets $1.72B USD Point-in-time
Total assets Assets $1.51B USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitie $115.02M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitie $128.66M USD Point-in-time
Current portion of long-term debt LoansPayableToBankCurrent $3.45M USD Point-in-time
Current portion of long-term debt LoansPayableToBankCurrent $3.49M USD Point-in-time
Deferred revenues DeferredRevenueCurrent $206.00M USD Point-in-time
Deferred revenues DeferredRevenueCurrent $189.40M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $7.71M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $10.36M USD Point-in-time
Deferred tax liabilities DeferredTaxLiabilitiesCurrent $2.08M USD Point-in-time
Deferred tax liabilities DeferredTaxLiabilitiesCurrent $508.00K USD Point-in-time
Total current liabilities LiabilitiesCurrent $347.94M USD Point-in-time
Total current liabilities LiabilitiesCurrent $318.73M USD Point-in-time
Accrued liabilities AccountsPayableAndAccruedLiabilitiesNoncurrent $23.07M USD Point-in-time
Accrued liabilities AccountsPayableAndAccruedLiabilitiesNoncurrent $21.51M USD Point-in-time
Pension liability DefinedBenefitPensionPlanLiabilitiesNoncurrent $16.51M USD Point-in-time
Pension liability DefinedBenefitPensionPlanLiabilitiesNoncurrent $15.80M USD Point-in-time
Long-term debt LongTermLoansFromBank $299.23M USD Point-in-time
Long-term debt LongTermLoansFromBank $299.18M USD Point-in-time
Deferred revenues DeferredRevenueAndCreditsNoncurrent $10.97M USD Point-in-time
Deferred revenues DeferredRevenueAndCreditsNoncurrent $7.91M USD Point-in-time
Long-term income taxes payable LiabilityForUncertainTaxPositionsNoncurrent $47.13M USD Point-in-time
Long-term income taxes payable LiabilityForUncertainTaxPositionsNoncurrent $53.47M USD Point-in-time
Deferred tax liabilities DeferredTaxLiabilitiesNoncurrent $134.54M USD Point-in-time
Deferred tax liabilities DeferredTaxLiabilitiesNoncurrent $108.89M USD Point-in-time
Total long-term liabilities Liabilities $502.04M USD Point-in-time
Total long-term liabilities Liabilities $536.17M USD Point-in-time
Share capital- 56,373,651 and 52,716,751 Common Shares issued and outstanding at September 30, 2009 and June 30, 2009, respectively; Authorized Common Shares: unlimited CommonStockValue $457.98M USD Point-in-time
Share capital- 56,373,651 and 52,716,751 Common Shares issued and outstanding at September 30, 2009 and June 30, 2009, respectively; Authorized Common Shares: unlimited CommonStockValue $588.87M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $55.31M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $52.15M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $86.05M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $71.85M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $62.20M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $47.54M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $104.48M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $106.21M USD Point-in-time
Total shareholders' equity StockholdersEquity $836.44M USD Point-in-time
Total shareholders' equity StockholdersEquity $686.46M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $1.72B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $1.51B USD Point-in-time
Income Statement 58 line items
Line Item Tag Value Unit Period
License LicensesRevenue $47.33M USD 1 Quarter
License LicensesRevenue $50.07M USD 1 Quarter
Customer support MaintenanceRevenue $98.43M USD 1 Quarter
Customer support MaintenanceRevenue $123.65M USD 1 Quarter
Service and other ServiceAndOtherRevenue $40.44M USD 1 Quarter
Service and other ServiceAndOtherRevenue $34.12M USD 1 Quarter
Total revenues Revenues $211.42M USD 1 Quarter
Total revenues Revenues $182.62M USD 1 Quarter
License LicenseCosts $3.15M USD 1 Quarter
License LicenseCosts $2.89M USD 1 Quarter
Customer support CostOfServicesMaintenanceCosts $15.57M USD 1 Quarter
Customer support CostOfServicesMaintenanceCosts $20.94M USD 1 Quarter
Service and other CostOfRevenuesServiceAndOther $27.73M USD 1 Quarter
Service and other CostOfRevenuesServiceAndOther $33.29M USD 1 Quarter
Amortization of acquired technology-based intangible assets CostOfRevenuesAmortizationOfAcquiredTechnologyIntangibleAssets $10.75M USD 1 Quarter
Amortization of acquired technology-based intangible assets CostOfRevenuesAmortizationOfAcquiredTechnologyIntangibleAssets $14.14M USD 1 Quarter
Total cost of revenues CostOfRevenue $71.52M USD 1 Quarter
Total cost of revenues CostOfRevenue $56.94M USD 1 Quarter
Gross profit GrossProfit $125.69M USD 1 Quarter
Gross profit GrossProfit $139.90M USD 1 Quarter
Research and development ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $31.54M USD 1 Quarter
Research and development ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $28.58M USD 1 Quarter
Sales and marketing SellingAndMarketingExpense $44.83M USD 1 Quarter
Sales and marketing SellingAndMarketingExpense $50.69M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $21.23M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $18.39M USD 1 Quarter
Depreciation DepreciationNonproduction $4.15M USD 1 Quarter
Depreciation DepreciationNonproduction $2.70M USD 1 Quarter
Amortization of acquired customer-based intangible assets AmortizationOfAcquiredCustomerIntangibleAssets $8.92M USD 1 Quarter
Amortization of acquired customer-based intangible assets AmortizationOfAcquiredCustomerIntangibleAssets $8.21M USD 1 Quarter
Special charges RestructuringCharges $18.59M USD 1 Quarter
Special charges RestructuringCharges - USD 1 Quarter
Total operating expenses OperatingExpenses $135.11M USD 1 Quarter
Total operating expenses OperatingExpenses $102.71M USD 1 Quarter
Income from operations OperatingIncomeLoss $4.79M USD 1 Quarter
Income from operations OperatingIncomeLoss $22.98M USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $3.44M USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $729.00K USD 1 Quarter
Interest expense, net InterestIncomeExpenseNet $-3.05M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNet $-2.99M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $20.71M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $5.19M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $3.46M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $5.93M USD 1 Quarter
Net income before minority interest NetIncomeBeforeMinorityInterest $14.78M USD 1 Quarter
Net income before minority interest NetIncomeBeforeMinorityInterest $1.73M USD 1 Quarter
Minority Interest NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Minority Interest NetIncomeLossAttributableToNoncontrollingInterest $119.00K USD 1 Quarter
Net income for the period NetIncomeLoss $14.66M USD 1 Quarter
Net income for the period NetIncomeLoss $1.73M USD 1 Quarter
Net income per share-basic EarningsPerShareBasic $0.29 USD 1 Quarter
Net income per share-basic EarningsPerShareBasic $0.03 USD 1 Quarter
Net income per share-diluted EarningsPerShareDiluted $0.28 USD 1 Quarter
Net income per share-diluted EarningsPerShareDiluted $0.03 USD 1 Quarter
Weighted average number of Common Shares outstanding - basic WeightedAverageNumberOfSharesOutstandingBasic 51.30M shares 1 Quarter
Weighted average number of Common Shares outstanding - basic WeightedAverageNumberOfSharesOutstandingBasic 55.39M shares 1 Quarter
Weighted average number of Common Shares outstanding - diluted WeightedAverageNumberOfDilutedSharesOutstanding 52.99M shares 1 Quarter
Weighted average number of Common Shares outstanding - diluted WeightedAverageNumberOfDilutedSharesOutstanding 56.47M shares 1 Quarter
Cash Flow Statement 74 line items
Line Item Tag Value Unit Period
Net income for the period NetIncomeLoss $14.66M USD 1 Quarter
Net income for the period NetIncomeLoss $1.73M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $21.66M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $27.21M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $3.51M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $1.42M USD 1 Quarter
Employee long-term incentive plan EmployeeLongTermIncentivePlan $2.67M USD 1 Quarter
Employee long-term incentive plan EmployeeLongTermIncentivePlan $1.06M USD 1 Quarter
Excess tax benefits on share-based compensation expenses ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $-6.63M USD 1 Quarter
Excess tax benefits on share-based compensation expenses ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $-691.00K USD 1 Quarter
Undistributed earnings related to minority interest NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Undistributed earnings related to minority interest NetIncomeLossAttributableToNoncontrollingInterest $119.00K USD 1 Quarter
Pension expense PensionExpense - USD 1 Quarter
Pension expense PensionExpense $192.00K USD 1 Quarter
Amortization of debt issuance costs AmortizationOfFinancingCosts $266.00K USD 1 Quarter
Amortization of debt issuance costs AmortizationOfFinancingCosts $224.00K USD 1 Quarter
Unrealized (gain) loss on financial instruments UnrealizedGainLossOnDerivatives $-722.00K USD 1 Quarter
Unrealized (gain) loss on financial instruments UnrealizedGainLossOnDerivatives $-2.39M USD 1 Quarter
Release of unrealized gain on marketable securities to income ReleaseOfUnrealizedGainOnMarketableSecuritiesToIncome - USD 1 Quarter
Release of unrealized gain on marketable securities to income ReleaseOfUnrealizedGainOnMarketableSecuritiesToIncome $-4.35M USD 1 Quarter
Deferred taxes DeferredIncomeTaxExpenseBenefit $-256.00K USD 1 Quarter
Deferred taxes DeferredIncomeTaxExpenseBenefit $-2.96M USD 1 Quarter
Accounts receivable IncreaseDecreaseInReceivables $7.93M USD 1 Quarter
Accounts receivable IncreaseDecreaseInReceivables $27.95M USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-1.93M USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-3.22M USD 1 Quarter
Income taxes IncomeTaxes $4.73M USD 1 Quarter
Income taxes IncomeTaxes $-4.79M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-9.34M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-18.37M USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $-19.43M USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $-12.44M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $322.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $1.18M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $4.50M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $24.81M USD 1 Quarter
Additions of capital assets-net PaymentsToAcquireProductiveAssets $-3.89M USD 1 Quarter
Additions of capital assets-net PaymentsToAcquireProductiveAssets $-7.67M USD 1 Quarter
Purchase of Vignette Corporation, net of cash acquired PurchaseOfHummingbirdNetOfCashAcquired - USD 1 Quarter
Purchase of Vignette Corporation, net of cash acquired PurchaseOfHummingbirdNetOfCashAcquired $-90.60M USD 1 Quarter
Purchase of eMotion LLC, net of cash acquired PurchaseOfEmotionLlcNetOfCashAcquired $-3.63M USD 1 Quarter
Purchase of eMotion LLC, net of cash acquired PurchaseOfEmotionLlcNetOfCashAcquired - USD 1 Quarter
Purchase of a division of Spicer Corporation PurchaseOfDivisionOfSpicerCorporation $-10.84M USD 1 Quarter
Purchase of a division of Spicer Corporation PurchaseOfDivisionOfSpicerCorporation - USD 1 Quarter
Purchase consideration for prior period acquisitions PaymentsForProceedsFromPreviousAcquisition $-3.29M USD 1 Quarter
Purchase consideration for prior period acquisitions PaymentsForProceedsFromPreviousAcquisition $-4.80M USD 1 Quarter
Investments in marketable securities PaymentsToAcquireMarketableSecurities - USD 1 Quarter
Investments in marketable securities PaymentsToAcquireMarketableSecurities $-3.61M USD 1 Quarter
Maturity of short-term investments MaturityOfShortTermInvestments $27.17M USD 1 Quarter
Maturity of short-term investments MaturityOfShortTermInvestments - USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-25.26M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-75.89M USD 1 Quarter
Excess tax benefits on share-based compensation expense ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $691.00K USD 1 Quarter
Excess tax benefits on share-based compensation expense ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $6.63M USD 1 Quarter
Proceeds from issuance of Common Shares ProceedsFromIssuanceOfCommonStock $5.54M USD 1 Quarter
Proceeds from issuance of Common Shares ProceedsFromIssuanceOfCommonStock $4.48M USD 1 Quarter
Repayment of long-term debt RepaymentsOfLongTermDebt $-867.00K USD 1 Quarter
Repayment of long-term debt RepaymentsOfLongTermDebt $-864.00K USD 1 Quarter
Debt issuance costs PaymentsOfDebtIssuanceCosts - USD 1 Quarter
Debt issuance costs PaymentsOfDebtIssuanceCosts $-1.02M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $11.30M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $3.28M USD 1 Quarter
Foreign exchange gain (loss) on cash held in foreign currencies EffectOfExchangeRateOnCashAndCashEquivalents $4.48M USD 1 Quarter
Foreign exchange gain (loss) on cash held in foreign currencies EffectOfExchangeRateOnCashAndCashEquivalents $-15.64M USD 1 Quarter
Decrease in cash and cash equivalents during the period CashAndCashEquivalentsPeriodIncreaseDecrease $-63.63M USD 1 Quarter
Decrease in cash and cash equivalents during the period CashAndCashEquivalentsPeriodIncreaseDecrease $-4.78M USD 1 Quarter
Cash and cash equivalents at beginning of the period CashAndCashEquivalentsAtCarryingValue $275.82M USD Point-in-time
Cash and cash equivalents at beginning of the period CashAndCashEquivalentsAtCarryingValue $250.13M USD Point-in-time
Cash and cash equivalents at beginning of the period CashAndCashEquivalentsAtCarryingValue $212.19M USD Point-in-time
Cash and cash equivalents at beginning of the period CashAndCashEquivalentsAtCarryingValue $254.92M USD Point-in-time
Cash and cash equivalents at end of the period CashAndCashEquivalentsAtCarryingValue $275.82M USD Point-in-time
Cash and cash equivalents at end of the period CashAndCashEquivalentsAtCarryingValue $250.13M USD Point-in-time
Cash and cash equivalents at end of the period CashAndCashEquivalentsAtCarryingValue $212.19M USD Point-in-time
Cash and cash equivalents at end of the period CashAndCashEquivalentsAtCarryingValue $254.92M USD Point-in-time

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

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