CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
ASSETS
Cash and cash equivalents	$ 1,607,306	$ 1,692,850
Accounts receivable trade, net of allowance for credit losses of $22,151 as of June 30, 2021 and $20,906 as of June 30, 2020 (note 1 and note 4)	438,547	466,357
Contract assets (note 3)	25,344	29,570
Income taxes recoverable (note 15)	32,312	61,186
Prepaid expenses and other current assets (note 9)	98,551	136,436
Total current assets	2,202,060	2,386,399
Property and equipment (note 5)	233,595	244,555
Operating lease right of use assets (note 6)	234,532	207,869
Long-term contract assets (note 3)	19,222	15,427
Goodwill (note 7)	4,691,673	4,672,356
Acquired intangible assets (note 8)	1,187,260	1,612,564
Deferred tax assets (note 15)	796,738	911,565
Other assets (note 9)	208,894	154,467
Long-term income taxes recoverable (note 15)	35,362	29,620
Total assets	9,609,336	10,234,822
Current liabilities:
Accounts payable and accrued liabilities (note 10)	423,592	373,314
Current portion of long-term debt (note 11)	10,000	610,000
Operating lease liabilities (note 6)	58,315	64,071
Deferred revenues (note 3)	852,629	812,218
Income taxes payable (note 15)	17,368	44,630
Total current liabilities	1,361,904	1,904,233
Long-term liabilities:
Accrued liabilities (note 10)	28,830	34,955
Pension liability (note 12)	74,511	73,129
Long-term debt (note 11)	3,578,859	3,584,311
Long-term operating lease liabilities (note 6)	224,453	217,165
Long-term deferred revenues (note 3)	98,989	94,382
Long-term income taxes payable (note 15)	34,113	171,200
Deferred tax liabilities (note 15)	108,224	148,738
Total long-term liabilities	4,147,979	4,323,880
Shareholders’ equity:
Share capital and additional paid-in capital (note 13): 272,588,542 and 271,863,354 Common Shares issued and outstanding at March 31, 2021 and June 30, 2020, respectively; authorized Common Shares: unlimited	1,947,764	1,851,777
Accumulated other comprehensive income (note 21)	66,238	17,825
Retained earnings	2,153,326	2,159,396
Treasury stock, at cost (1,567,664 and 622,297 shares at June 30, 2021 and June 30, 2020, respectively)	(69,386)	(23,608)
Total OpenText shareholders' equity	4,097,942	4,005,390
Non-controlling interests	1,511	1,319
Total shareholders’ equity	4,099,453	4,006,709
Total liabilities and shareholders’ equity	$ 9,609,336	$ 10,234,822