10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 10-Q

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2011.

OR

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from                      to                     

Commission file number: 0-27544

OPEN TEXT CORPORATION

(Exact name of registrant as specified in its charter)

CANADA	98-0154400
(State or other jurisdiction of incorporation or organization)	(IRS Employer Identification No.)

275 Frank Tompa Drive, Waterloo, Ontario, Canada N2L 0A1

(Address of principal executive offices)

Registrant’s telephone number, including area code: (519) 888-7111

(Former name former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No  ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  x    No  ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer  x    Accelerated filer  ¨    Non-accelerated filer  ¨ (Do not check if smaller reporting company) Smaller reporting company  ¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ¨    No  x

At October 20, 2011, there were 57,810,868 outstanding Common Shares of the registrant.

OPEN TEXT CORPORATION

TABLE OF CONTENTS

		Page No
PART I Financial Information:
Item 1.	Financial Statements
	Condensed Consolidated Balance Sheets as of September 30, 2011 (unaudited) and June 30, 2011		3
	Condensed Consolidated Statements of Income—Three Months Ended September 30, 2011 and 2010 (unaudited)		4
	Condensed Consolidated Statements of Retained Earnings—Three Months Ended September 30, 2011 and 2010 (unaudited)		5
	Condensed Consolidated Statements of Cash Flows—Three Months Ended September 30, 2011 and 2010 (unaudited)		6
	Unaudited Notes to Condensed Consolidated Financial Statements		7
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations		27
Item 3.	Quantitative and Qualitative Disclosures about Market Risk		37
Item 4.	Controls and Procedures		38
PART II Other Information:
Item 1A.	Risk Factors		39
Item 6.	Exhibits		40
Signatures			41

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OPEN TEXT CORPORATION

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands of U.S. dollars, except share data)

	September 30, 2011			June 30, 2011
	(Unaudited)
ASSETS
Cash and cash equivalents	$	119,294		$	284,140
Accounts receivable trade, net of allowance for doubtful accounts of $6,277 as of September 30, 2011 and $5,424 as of June 30, 2011 (note 3)		143,837			154,568
Income taxes recoverable (note 13)		17,183			18,911
Prepaid expenses and other current assets		34,987			29,678
Deferred tax assets (note 13)		29,405			27,861
Total current assets		344,706			515,158
Capital assets (note 4)		84,590			77,825
Goodwill (note 5)		1,038,571			832,481
Acquired intangible assets (note 6)		414,281			344,995
Deferred tax assets (note 13)		29,401			42,737
Other assets (note 7)		19,408			19,359
Deferred charges (note 8)		61,022			54,989
Long-term income taxes recoverable (note 13)		41,161			44,819
Total assets	$	2,033,140		$	1,932,363
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued liabilities (note 9)	$	138,005		$	126,249
Current portion of long-term debt (note 10)		63,388			15,545
Deferred revenues		249,097			254,531
Income taxes payable (note 13)		19,157			18,424
Deferred tax liabilities (note 13)		1,991			624
Total current liabilities		471,638			415,373
Long-term liabilities:
Accrued liabilities (note 9)		13,834			13,727
Deferred credits (note 8)		6,538			6,878
Pension liability (note 11)		18,171			18,478
Long-term debt (note 10)		281,285			282,033
Deferred revenues		12,240			11,466
Long-term income taxes payable (note 13)		103,310			101,434
Deferred tax liabilities (note 13)		54,850			43,529
Total long-term liabilities		490,228			477,545
Shareholders’ equity:
Share capital (note 12)
57,790,868 and 57,301,812 Common Shares issued and outstanding at September 30, 2011 and June 30, 2011, respectively; Authorized Common Shares: unlimited		622,337			614,279
Additional paid-in capital		79,454			74,301
Accumulated other comprehensive income		44,102			60,470
Retained earnings		351,880			316,894
Treasury stock, at cost (572,413 shares at September 30, 2011 and June 30, 2011, respectively)		(26,499	)		(26,499	)
Total shareholders’ equity		1,071,274			1,039,445
Total liabilities and shareholders’ equity	$	2,033,140		$	1,932,363

Guarantees and contingencies (note 18)

Related party transactions (note 21)

See accompanying Notes to Condensed Consolidated Financial Statements

3

OPEN TEXT CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(In thousands of U.S. dollars, except per share data)

(Unaudited)

	Three months ended September 30,
	2011			2010
Revenues:
License	$	65,028		$	42,646
Customer support		161,997			129,757
Service and other		61,021			45,002
Total revenues		288,046			217,405
Cost of revenues:
License		3,998			3,502
Customer support		26,269			19,356
Service and other		50,351			35,113
Amortization of acquired technology-based intangible assets (note 6)		20,790			15,427
Total cost of revenues		101,408			73,398
Gross profit		186,638			144,007
Operating expenses:
Research and development		43,458			30,963
Sales and marketing		64,880			44,180
General and administrative		25,761			19,810
Depreciation		5,258			4,875
Amortization of acquired customer-based intangible assets (note 6)		13,041			8,801
Special charges (note 16)		7,105			3,195
Total operating expenses		159,503			111,824
Income from operations		27,135			32,183
Other income, net		9,274			2,480
Interest expense, net		(4,348	)		(4,135	)
Income before income taxes		32,061			30,528
Provision for (recovery of) income taxes (note 13)		(2,925	)		8,857
Net income for the period	$	34,986		$	21,671
Net income per share—basic (note 20)	$	0.61		$	0.38
Net income per share—diluted (note 20)	$	0.60		$	0.37
Weighted average number of Common Shares outstanding—basic		57,412			56,883
Weighted average number of Common Shares outstanding—diluted		58,599			57,922

See accompanying Notes to Condensed Consolidated Financial Statements

4

OPEN TEXT CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF RETAINED EARNINGS

(In thousands of U.S. dollars)

(Unaudited)

	Three months ended September 30,
	2011		2010
Retained earnings, beginning of period	$	316,894	$	193,691
Net income		34,986		21,671
Retained earnings, end of period	$	351,880	$	215,362

See accompanying Notes to Condensed Consolidated Financial Statements

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OPEN TEXT CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands of U.S. dollars)

(Unaudited)

	Three months ended September 30,
	2011			2010
Cash flows from operating activities:
Net income for the period	$	34,986		$	21,671
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of intangible assets		39,089			29,103
Share-based compensation expense		4,844			2,600
Excess tax benefits on share-based compensation expense		(332	)		(432	)
Pension expense		137			123
Amortization of debt issuance costs		330			333
Loss on sale and write down of capital assets		169			—
Deferred taxes		(14,849	)		(181	)
Impairment and other non cash charges		(1,355	)		—
Changes in operating assets and liabilities:
Accounts receivable		21,654			27,878
Prepaid expenses and other current assets		5,842			(2,528	)
Income taxes		17,696			32,862
Deferred charges and credits		(9,046	)		(27,725	)
Accounts payable and accrued liabilities		(21,407	)		(25,991	)
Deferred revenue		(32,998	)		(7,234	)
Other assets		588			(1,545	)
Net cash provided by operating activities		45,348			48,934
Cash flows from investing activities:
Additions of capital assets-net		(7,902	)		(6,943	)
Purchase of Operitel Corporation, net of cash acquired		(6,260	)		—
Purchase of Global 360 Holding Corp., net of cash acquired		(247,711	)		—
Purchase consideration for prior period acquisitions		(274	)		(1,406	)
Investments in marketable securities		—			(668	)
Net cash used in investing activities		(262,147	)		(9,017	)
Cash flow from financing activities:
Excess tax benefits on share-based compensation expense		332			432
Proceeds from issuance of Common Shares		7,837			3,246
Proceeds from long-term debt		48,500			—
Repayment of long-term debt		(916	)		(878	)
Net cash provided by financing activities		55,753			2,800
Foreign exchange gain (loss) on cash held in foreign currencies		(3,800	)		15,783
Increase (decrease) in cash and cash equivalents during the period		(164,846	)		58,500
Cash and cash equivalents at beginning of the period		284,140			326,192
Cash and cash equivalents at end of the period	$	119,294		$	384,692
Supplementary cash flow disclosures (note 19)

See accompanying Notes to Condensed Consolidated Financial Statements

6

OPEN TEXT CORPORATION

UNAUDITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

For the Three Months Ended September 30, 2011

(Tabular amounts in thousands, except share and per share data)

NOTE 1—BASIS OF PRESENTATION

The accompanying consolidated financial statements include the accounts of Open Text Corporation and our wholly owned subsidiaries, collectively referred to as “Open Text” or the “Company”. All inter-company balances and transactions have been eliminated.

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 and includes the financial results of Operitel Corporation (Operitel), with effect from September 1, 2011 and Global 360 Holding Corp. (Global 360), with effect from July 13, 2011 (see note 17).

Use of estimates

The preparation of financial statements in conformity with U.S. GAAP requires us to make 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, significant estimates, judgments and assumptions include those related to: (i) revenue recognition, (ii) allowance for doubtful accounts, (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) asset retirement obligations, (x) the realization of investment tax credits, (xi) the valuation of stock options granted and liabilities related to share-based payments, including the valuation of our long-term incentive plan, (xii) the valuation of financial instruments, (xiii) the valuation of pension assets and obligations, and (xiv) accounting for income taxes.

Comprehensive income

The following table sets forth the components of comprehensive income for the reporting periods indicated:

	Three months ended September 30,
	2011			2010
Net income for the period	$	34,986		$	21,671
Other comprehensive income—net of tax, where applicable:
Foreign currency translation adjustments		(10,618	)		5,977
Unrealized gain on marketable securities		—			44
Unrealized gain (loss) on cash flow hedges		(5,202	)		1,570
Actuarial gain (loss) relating to defined benefit pension plans		(548	)		—
Comprehensive income for the period	$	18,618		$	29,262

NOTE 2—NEW ACCOUNTING PRONOUNCEMENTS AND ACCOUNTING POLICY UPDATES

Recent Accounting Pronouncements

Comprehensive Income

In June 2011, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2011-05, “Comprehensive Income” (Topic 220)—Presentation of Comprehensive Income (ASU 2011-05), to

7

require an entity to present the total of comprehensive income, the components of net income, and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements. ASU 2011-05 eliminates the option to present the components of other comprehensive income as part of the statement of equity. ASU 2011-05 is effective for us in our first quarter of the fiscal year ending June 30, 2013 (Fiscal 2013) and will be applied retrospectively. We are currently evaluating the impact of our pending adoption of ASU 2011-05 on our consolidated financial statements.

Fair Value Measurement and Disclosures

In May 2011, the FASB issued Accounting Standards Update No. 2011-04, “Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and International Financial Reporting Standards” (Topic 820)—Fair Value Measurement (ASU 2011-04), to provide a consistent definition of fair value and ensure that the fair value measurement and disclosure requirements are similar between U.S. GAAP and International Financial Reporting Standards. ASU 2011-04 changes certain fair value measurement principles and enhances the disclosure requirements particularly for level 3 fair value measurements (as defined in note 14 below). ASU 2011-04 is effective for us in our third quarter of the fiscal year ending June 30, 2012 (Fiscal 2012) and we do not believe these provisions will have a material impact on our consolidated financial statements.

Testing Goodwill for Impairment

In September 2011, the FASB issued Accounting Standards Update No. 2011-08, Intangibles—Goodwill and Other (Topic 350)—Testing Goodwill for Impairment (ASU 2011-08), to allow entities to use a qualitative approach to test goodwill for impairment. ASU 2011-08 permits an entity to first perform a qualitative assessment to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying value. If it is concluded that this is the case, it is necessary to perform the currently prescribed two-step goodwill impairment test. Otherwise, the two-step goodwill impairment test is not required. ASU 2011-08 is effective for us in Fiscal 2013 and earlier adoption is permitted. We are currently evaluating the impact of our pending adoption of ASU 2011-08 on our consolidated financial statements. We do not expect the adoption of ASU 2011-08 to materially impact the carrying value of our recorded goodwill.

NOTE 3—ALLOWANCE FOR DOUBTFUL ACCOUNTS

Balance of allowance for doubtful accounts as of June 30, 2011		5,424
Bad debt expense for the period		1,065
Write-off /adjustments		(212	)
Balance of allowance for doubtful accounts as of September 30, 2011	$	6,277

NOTE 4—CAPITAL ASSETS

	As of September 30, 2011
	Cost**		Accumulated Depreciation**		Net
Furniture and fixtures	$	9,856	$	2,888	$	6,968
Office equipment		1,094		684		410
Computer hardware		49,640		33,700		15,940
Computer software		10,507		4,999		5,508
Leasehold improvements		27,122		10,636		16,486
Buildings*		42,028		2,750		39,278
	$	140,247	$	55,657	$	84,590

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	As of June 30, 2011
	Cost**		Accumulated Depreciation**		Net
Furniture and fixtures	$	7,421	$	2,667	$	4,754
Office equipment		1,214		657		557
Computer hardware		43,961		30,191		13,770
Computer software		9,668		3,858		5,810
Leasehold improvements		26,483		9,599		16,884
Buildings*		38,648		2,598		36,050
	$	127,395	$	49,570	$	77,825

* As of September 30, 2011, the construction of our new building in Waterloo, Ontario, Canada was completed and was put into use at the beginning of September, 2011. The total cost of this building was $24.0 million and $0.05 million of related accumulated depreciation was recorded during the quarter. (As of June 30, 2011—$20.6 million for the new building was included in the cost).

** Excludes the original cost and accumulated depreciation of fully-depreciated assets, and assets that are no longer in use.

NOTE 5—GOODWILL

Goodwill is recorded when the consideration paid for an acquisition of a business exceeds the fair value of identifiable net tangible and intangible assets. The following table summarizes the changes in goodwill since June 30, 2011:

Balance, June 30, 2011	$	832,481
Acquisition of Operitel (note 17)		4,093
Acquisition of Global 360 (note 17)		202,572
Adjustments on account of foreign exchange		(575	)
Balance, September 30, 2011	$	1,038,571

NOTE 6—ACQUIRED INTANGIBLE ASSETS

	Technology Assets			Customer Assets			Total
Net book value, June 30, 2011	$	203,630		$	141,365		$	344,995
Acquisition of Operitel (note 17)		2,761			1,840			4,601
Acquisition of Global 360 (note 17)		40,600			58,100			98,700
Amortization expense		(20,790	)		(13,041	)		(33,831	)
Foreign exchange and other impacts		(93	)		(91	)		(184	)
Net book value, September 30, 2011	$	226,108		$	188,173		$	414,281

The weighted average amortization period for acquired technology and customer intangible assets is approximately 5 years and 7 years, respectively.

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The following table shows the estimated future amortization expense for the fiscal years indicated below. This calculation assumes no future adjustments to acquired intangible assets:

	Fiscal years ending June 30,
2012 (nine months ended June 30)	$	103,810
2013		135,176
2014		76,594
2015		52,808
2016 and beyond		45,893
Total	$	414,281

NOTE 7—OTHER ASSETS

	As of September 30, 2011		As of June 30, 2011
Debt issuance costs	$	2,702	$	3,032
Deposits and restricted cash		10,666		10,379
Long-term prepaid expenses and other long-term assets		6,040		5,948
	$	19,408	$	19,359

Debt issuance costs relate primarily to costs incurred for the purpose of obtaining our term loan and are being amortized over the term of the loan (see note 10). Deposits and restricted cash relate to security deposits provided to landlords in accordance with facility lease agreements and cash restricted per the terms of contractual-based agreements. Long-term prepaid expenses and other long-term assets primarily relate to certain advance payments on long-term licenses that are being amortized over the applicable terms of the licenses.

NOTE 8—DEFERRED CHARGES AND CREDITS

Deferred charges and credits relate to cash taxes payable and the elimination of deferred tax balances on account of legal entity consolidations completed as part of an internal reorganization of our international subsidiaries. Deferred charges and credits are amortized to income tax expense over a period of 6 years.

NOTE 9—ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

Current liabilities

Accounts payable and accrued liabilities are comprised of the following:

	As of September 30, 2011		As of June 30, 2011
Accounts payable—trade	$	12,016	$	10,772
Accrued salaries and commissions		43,830		45,630
Accrued liabilities		72,215		60,060
Amounts payable in respect of restructuring and other special charges (note 16)		7,656		6,504
Accruals relating to acquisitions		1,018		1,042
Asset retirement obligations		1,270		2,241
	$	138,005	$	126,249

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Long-term accrued liabilities

	As of September 30, 2011		As of June 30, 2011
Amounts payable in respect of restructuring and other special charges (note 16)	$	526	$	652
Accruals relating to acquisitions		1,577		2,301
Other accrued liabilities		8,031		6,950
Asset retirement obligations		3,700		3,824
	$	13,834	$	13,727

Accruals relating to acquisitions

In relation to our acquisitions made before July 1, 2009, the date on which we adopted Accounting Standards Codification (ASC) Topic 805 “Business Combinations” (ASC Topic 805), we have accrued for costs relating to abandonment of excess legacy facilities. Such accruals were capitalized as part of the cost of the subject acquisition and have been recorded at present value less our best estimate for future sub-lease income and costs incurred to achieve sub-tenancy. The accrual for excess facilities will be discharged over the term of the respective leases. Any excess of the difference between the present value and actual cash paid for an abandoned facility will be charged to income and any deficits will be reversed to goodwill. The provisions for abandoned facilities are expected to be paid by February 2015. As of September 30, 2011, the remaining balance of our acquisition accruals is $2.6 million (June 30, 2011—$3.3 million).

Asset retirement obligations

We are required to return certain of our leased facilities to their original state at the conclusion of our lease. We have accounted for such obligations in accordance with ASC Topic 410 “Asset Retirement and Environmental Obligations” (ASC Topic 410). As of September 30, 2011, the present value of this obligation was $5.0 million (June 30, 2011—$6.1 million), with an undiscounted value of $5.5 million (June 30, 2011—$6.5 million).

NOTE 10—LONG-TERM DEBT

Long-term debt

Long-term debt is comprised of the following:

	As of September 30, 2011		As of June 30, 2011
Long-term debt
Term loan	$	284,278	$	285,026
Revolver		48,500		—
Mortgage		11,895		12,552
		344,673		297,578
Less:
Current portion of long-term debt
Term loan		2,993		2,993
Revolver		48,500		—
Mortgage		11,895		12,552
		63,388		15,545
Long-term portion of long-term debt	$	281,285	$	282,033

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Term loan

The term loan has a seven-year term, expires on October 2, 2013 and bears interest at a floating rate of LIBOR plus 2.25%. The quarterly scheduled term loan principal repayments are equal to 0.25% of the original principal amount, due each quarter with the remainder due at the end of the term, less ratable reductions for any non-scheduled prepayments made. Our current quarterly scheduled principal payment is approximately $0.7 million.

For the three months ended September 30, 2011, we recorded interest expense of $1.8 million relating to the term loan (three months ended September 30, 2010—$1.9 million).

Revolver

Prior to September 29, 2011, the revolver had a five-year term and expired on October 2, 2011. However, on September 29, 2011, we extended the revolver for 60 days without change to any of the previous terms except that the amount available to borrow under the revolver was changed to $50.0 million from $75.0 million. Borrowings under this facility bear interest at rates specified in the credit agreement. The revolver is subject to a “stand-by” fee ranging between 0.30% and 0.50% per annum depending on our consolidated leverage ratio.

As of September 30, 2011, we have a net borrowed amount outstanding of $48.5 million on the revolver.

For the three months ended September 30, 2011, we recorded an interest expense of $0.6 million relating to borrowings outstanding on the revolver (three months ended September 30, 2010—nil). During this period we also recorded an expense of $0.06 million on account of stand-by fees relating to the revolver (three months ended September 30, 2010—$0.06 million).

Mortgage

In December 2005, we entered into a five-year mortgage agreement with the bank. The principal amount of the mortgage was for Canadian $15.0 million and was originally scheduled to mature on January 1, 2011. During Fiscal 2011, the mortgage was extended for a total of twelve-months, now maturing on January 1, 2012. The principal amount of the mortgage did not change upon extension, however, interest now accrues monthly at a variable rate of Canadian prime plus 0.50% (instead of a fixed rate of 5.25% per annum). Principal and interest are payable in monthly installments of Canadian $0.1 million with a final lump sum principal payment of Canadian $11.9 million due on maturity. The mortgage continues to be secured by a lien on our headquarters in Waterloo, Ontario, Canada.

As of September 30, 2011, the carrying value of the mortgage was $11.9 million (June 30, 2011—$12.6 million).

As of September 30, 2011, the carrying value of the Waterloo building that is securing the mortgage was $15.3 million (June 30, 2011—$15.4 million).

For the three months ended September 30, 2011, we recorded interest expense of $0.1 million relating to the mortgage (three months ended September 30, 2010—$0.2 million).

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NOTE 11—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) and IXOS AG (IXOS) as of September 30, 2011 and June 30, 2011:

	Total benefit obligation		Current portion of benefit obligation*		Noncurrent portion of benefit obligation
CDT defined benefit plan	$	18,045	$	484	$	17,561
CDT Anniversary plan		492		78		414
CDT early retirement plan		182		—		182
IXOS defined benefit plan		14		—		14
Total as of September 30, 2011	$	18,733	$	562	$	18,171

	Total benefit obligation		Current portion of benefit obligation*		Noncurrent portion of benefit obligation
CDT defined benefit plan	$	18,231	$	489	$	17,742
CDT Anniversary plan		550		57		493
CDT early retirement plan		234		—		234
IXOS defined benefit plan		9		—		9
Total as of June 30, 2011	$	19,024	$	546	$	18,478

* The current portion of the benefit obligation has been included within Accounts payable and accrued liabilities within the Condensed Consolidated Balance Sheets.

CDT Defined Benefit Plan

CDT sponsors an unfunded defined benefit pension plan covering substantially all CDT employees (CDT pension plan) which provides for old age, disability and survivors’ benefits. Benefits under the CDT pension 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.

The following are the components of net periodic benefit costs for the CDT pension plan and the details of the change in the benefit obligation for the periods indicated:

	As of September 30, 2011			As of June 30, 2011
Benefit obligation—beginning of period	$	18,231		$	15,507
Service cost		85			350
Interest cost		227			868
Benefits paid		(108	)		(423	)
Actuarial (gain) loss		550			(688	)
Foreign exchange (gain) loss		(940	)		2,617
Benefit obligation—end of period		18,045			18,231
Less: current portion		(484	)		(489	)
Noncurrent portion of benefit obligation	$	17,561		$	17,742

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The following are the details of net pension expense for the CDT pension plan for the periods indicated:

	Three months ended September 30,
	2011		2010
Pension expense:
Service cost	$	85	$	86
Interest cost		227		214
Net pension expense	$	312	$	300

The CDT pension plan is an unfunded plan and therefore no contributions have been made since the inception of the plan.

In determining the fair value of the CDT pension plan benefit obligations as of September 30, 2011 and June 30, 2011, respectively, we used the following weighted-average key assumptions:

	As of September  30, 2011			As of June  30, 2011
Assumptions:
Salary increases		2.25	%		2.25	%
Pension increases		1.75	%		1.50	%
Discount rate		5.20	%		5.25	%
Employee fluctuation rate:
to age 30		1.00	%		1.00	%
to age 35		0.50	%		0.50	%
to age 40		0.00	%		0.00	%
to age 45		0.50	%		0.50	%
to age 50		0.50	%		0.50	%
from age 51		1.00	%		1.00	%

Anticipated pension payments under the CDT pension plan for the fiscal years indicated below are as follows:

2012 (nine months ended June 30)	$	467
2013		535
2014		592
2015		650
2016		733
2017 to 2021		4,832
Total	$	7,809

CDT Long-term Employee Benefit Obligations.

CDT’s long-term employee benefit obligations arise under CDT’s “Anniversary plan” and an early retirement plan. The obligation is unfunded and carried at a fair value of $0.5 million for the Anniversary plan and $0.2 million for the early retirement plan as of September 30, 2011 ($0.6 million and $0.2 million, respectively, as of June 30, 2011).

The Anniversary plan is a defined benefit plan for long-tenured CDT employees. The plan provides for a lump-sum payment to employees of two months of salary upon reaching the anniversary of twenty-five years of service and three months of salary upon reaching the anniversary of forty years of service. The early retirement plan is designed to create an incentive for employees, within a certain age group, to transition from (full or part-time) employment into retirement before their legal retirement age. This plan allows employees, upon reaching a

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certain age, to elect to work full-time for a period of time and be paid 50% of their full-time salary. After working within this arrangement for a designated period of time, the employee is eligible to take early retirement and receive payments from the earned but unpaid salaries until they are eligible to receive payments under the postretirement benefit plan discussed above. Benefits under the early retirement plan are generally based on the employee’s compensation and the number of years of service.

IXOS AG Defined Benefit Plans

Included in our pension liability, as of September 30, 2011 is a net amount of $14,000 (June 30, 2011—$9,000) that relates to two IXOS defined benefit pensions plans (IXOS pension plans) in connection with certain former members of the IXOS Board of Directors and certain IXOS employees, respectively. The net periodic pension cost with respect to the IXOS pension plans is determined using the projected unit credit method and several actuarial assumptions, the most significant of which are the discount rate and the expected return on plan assets.

NOTE 12—SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS

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

We did not purchase any of our Common Shares during the three months ended September 30, 2011 and 2010, respectively.

As of September 30, 2011, we have not reissued any Common Shares from treasury (June 30, 2011—nil).

Share-Based Payments

Total share-based compensation cost for the periods indicated below is detailed as follows:

	Three months ended September 30,
	2011		2010
Stock options	$	798	$	997
Restricted stock units (legacy Vignette employees)		11		48
Deferred stock units (Directors)		65		52
Performance stock units (LTIP 3 and LTIP 4)		3,970		1,503
Total share-based compensation expense	$	4,844	$	2,600

Summary of Outstanding Stock Options

As of September 30, 2011, options to purchase an aggregate of 1,922,052 Common Shares were outstanding and 1,211,045 Common Shares were available for issuance under our stock option plans. Our stock options generally vest over four years and expire between seven and ten years from the date of the grant. The exercise price of the options we grant is set at an amount that is not less than the closing price of our Common Shares on NASDAQ on the trading day immediately preceding the applicable grant date.

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A summary of option activity under our stock option plans for the three months ended September 30, 2011 is as follows:

	Options			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (years)		Aggregate Intrinsic Value ($’000s)
Outstanding at June 30, 2011		2,277,733		$	24.51
Granted		120,000			52.15
Exercised		(475,181	)		15.19
Forfeited or expired		(500	)		17.99
Outstanding at September 30, 2011		1,922,052		$	28.54		3.33	$	45,565
Exercisable at September 30, 2011		1,325,627		$	22.53		2.48	$	39,224

We estimate the fair value of stock options using the Black-Scholes option pricing model, consistent with the provisions of ASC Topic 718, “Compensation—Stock Compensation” (ASC 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 technique 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 following weighted-average fair value of options and weighted-average assumptions used were as follows:

	Three months ended September 30,
	2011			2010
Weighted-average fair value of options granted	$	17.66			NA	*
Weighted-average assumptions used:
Expected volatility		40.5	%		NA
Risk—free interest rate		0.80	%		NA
Expected dividend yield		0	%		NA
Expected life (in years)		4.34			NA
Forfeiture rate (based on historical rates)		5	%		NA

* There were no options granted during the three months ended September 30, 2010.

As of September 30, 2011, the total compensation cost related to the unvested stock awards not yet recognized was $6.2 million, which will be recognized over a weighted average period of approximately 2 years.

No cash was used by us to settle equity instruments granted under share-based compensation arrangements.

We have not capitalized any share-based compensation costs as part of the cost of an asset in any of the periods presented.

For the three months ended September 30, 2011, cash in the amount of $7.2 million was received as the result of the exercise of options granted under share-based payment arrangements. The tax benefit realized by us during the three months ended September 30, 2011 from the exercise of options eligible for a tax deduction was $0.4 million.

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For the three months ended September 30, 2010, cash in the amount of $2.9 million was received as the result of the exercise of options granted under share-based payment arrangements. The tax benefit realized by us during the three months ended September 30, 2010 from the exercise of options eligible for a tax deduction was $0.9 million.

Deferred Stock Units (DSUs) and Performance Stock Units (PSUs)

During the three months ended September 30, 2011, we granted 263 deferred stock units (DSUs) to certain nonemployee directors (DSUs granted during the three months ended September 30, 2010 - 157). The DSUs were issued under the Company’s Deferred Share Unit Plan that came into effect on February 2, 2010 and will vest at the Company’s next annual general meeting following the granting of the DSUs.

We did not grant any PSUs under the Fiscal 2011 Long Term incentive Plan (LTIP 4) or the Fiscal 2010 Long Term Incentive Plan (LTIP 3) during the three months ended September 30, 2011 and 2010, respectively. Awards achieved under the LTIP 3 and LTIP 4 will be settled over the three year period ending June 30, 2012 and June 30, 2013, respectively.

Restricted Stock Awards (RSAs)

On July 21, 2009, we granted, as part of our acquisition of Vignette, 574,767 Open Text restricted stock awards (RSAs) to certain legacy Vignette employees and directors as replacement for similar restricted stock awards held by these employees and directors when they were employed by Vignette. These awards were valued at $13.33 per RSA on July 21, 2009, and a portion has been allocated to the purchase price of Vignette. The remaining portion is amortized, as part of share-based compensation expense, over the vesting period of these awards.

Long Term Incentive Plans

On September 10, 2007, our Board of Directors approved the implementation of an incentive plan called the “Open Text Corporation Long-Term Incentive Plan” (LTIP). The LTIP is a rolling three-year program whereby we make a series of annual grants, each of which covers a three-year performance period, to certain of our employees, and which vests upon the employee and/or the Company meeting pre-determined performance and market-based criteria.

Grants made in Fiscal 2008 under the LTIP (LTIP 1) took effect in Fiscal 2008, starting on July 1, 2007. Awards under LTIP 1 have been settled in cash in the aggregate amount of $14.4 million as of the first quarter of Fiscal 2011.

Grants made in Fiscal 2009 under the LTIP (LTIP 2) took effect in Fiscal 2009 starting on July 1, 2008. Awards under LTIP 2 are equal to 100% of the target. Awards under LTIP 2 have been settled in cash in the aggregate amount of $10.7 million as of the first quarter of Fiscal 2012.

Grants made in Fiscal 2010 under the LTIP (LTIP 3) took effect in Fiscal 2010 starting on July 1, 2009. Awards under LTIP 3 may be equal to 50%, 100% or 150% of the target. We expect to settle LTIP 3 awards in stock.

Grants made in Fiscal 2011 under the LTIP (LTIP 4) took effect in Fiscal 2011 starting on July 1, 2010. Awards under LTIP 4 may be equal to 50%, 100% or 150% of the target. We expect to settle LTIP 4 awards in stock.

PSUs granted under the LTIP equity plans (LTIP 3 and 4) 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

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remaining life of the plan. During the three months ended September 30, 2011, $4.0 million has been charged to share-based compensation expense on account of the LTIP equity plans (three months ended September 30, 2010—$1.5 million).

NOTE 13—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.

Upon adoption of FIN 48 we elected to follow an accounting policy to classify interest related to liabilities for income tax expense under the “Interest income (expense), net” line and penalties related to liabilities for income tax expense under the “Other income (expense)” line of our Condensed Consolidated Statements of Income. For the three months ended September 30, 2011, we recognized interest in the amount of $1.5 million (three months ended September 30, 2010—$1.8 million) and penalties of nil (three months ended September 30, 2010—penalties of nil). The amount of interest and penalties accrued as of September 30, 2011 was $11.8 million ($10.3 million as of June 30, 2011) and $15.6 million ($15.8 million as of June 30, 2011), respectively. Included in these balances as of September 30, 2011, are accrued interest and penalties of $0.1 million and nil, respectively, relating to the acquisition of Global 360 (see note 17).

We believe that it is reasonably possible that the gross unrecognized tax benefits as of September 30, 2011 could increase tax expense in the next 12 months by $0.1 million, relating primarily to tax years becoming statute barred for purposes of future tax examinations by local taxing jurisdictions and the expiration of competent authority relief.

Our four most significant tax jurisdictions are Canada, the United States, Luxembourg and Germany. Our tax filings remain subject to examination by applicable tax authorities for a certain length of time following the tax year to which those filings relate. Tax years that remain open to examinations by local taxing authorities vary by jurisdiction up to ten years.

We are subject to tax examinations in all major taxing jurisdictions in which we operate and currently have examinations open in Canada, the United States, France and Spain. 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.

We believe that we have adequately provided for any reasonably foreseeable outcomes related to our tax examinations and that any settlement will not have a material adverse effect on our consolidated financial position or results of operations. However, we cannot predict with any level of certainty the exact nature of any future possible settlements.

NOTE 14—FAIR VALUE MEASUREMENTS

ASC Topic 820 “Fair Value Measurements and Disclosures” (ASC 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, ASC Topic 820 establishes a fair value hierarchy for valuation inputs. The hierarchy prioritizes the inputs into three levels based on the extent to

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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 September 30, 2011:

	September 30, 2011			Fair Market Measurements using:
				Quoted prices in active markets for identical assets/ (liabilities)	Significant other observable inputs			Significant unobservable inputs
				(Level 1)	(Level 2)			(Level 3)
Financial Assets:
Derivative financial instrument asset (liabilities) (note 15)	$	(5,398	)	$ n/a	$	(5,398	)	$n/a
	$	(5,398	)	$ n/a	$	(5,398	)	$n/a

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 the derivative instruments. Our discounted cash flow techniques use observable market inputs, such as foreign currency spot and forward rates.

Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis

We measure certain assets at fair value on a nonrecurring basis. These assets are recognized at fair value when they are deemed to be other-than-temporarily impaired. During the three months ended September 30, 2011, no indications of impairment were identified and therefore no fair value measurements were required.

NOTE 15—DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

Foreign Currency Forward Contracts

In July 2010, we entered into a hedging program with a Canadian chartered bank to limit the potential foreign exchange fluctuations incurred on future cash flows related to a portion of the payroll expenses that are expected to be paid by our Canadian subsidiary. 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

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Dollar (“CAD”) on account of large costs that get incurred from our centralized Canadian operations, and are denominated in CAD. As part of our risk management strategy, we use derivative instruments to hedge portions of our payroll exposure. We do not use these forward contracts for trading or speculative purposes. These forward contracts typically mature between one and twelve months.

We have designated these transactions as cash flow hedges of forecasted transactions under ASC Topic 815 “Derivatives and Hedging” (ASC Topic 815). As the critical terms of the hedging instrument, and of the entire hedged forecasted transaction, are the same, in accordance with ASC 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. The fair value of the contracts, as of September 30, 2011, is recorded within “Accounts payable and accrued liabilities”.

As of September 30, 2011, the notional amount of forward contracts we held to sell U.S. dollars in exchange for Canadian dollars was $99.6 million (June 30, 2011—$16.8 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 as of, and for the three months ended September 30, 2011, were as follows (amounts presented do not include any income tax effects).

Fair Value of Derivative Instruments in the Condensed Consolidated Balance Sheets (see note 14)

Asset Derivatives	Balance Sheet Location	Fair  Value Asset (Liability)
Foreign currency forward contracts designated as cash flow hedges	Accounts payable and accrued liabilities	$	(5,398	)

Effects of Derivative Instruments on Income and Other Comprehensive Income (OCI)

Derivative in Cash Flow Hedging Relationship	Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)			Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Location of Gain or (Loss) Recognized in Income  on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)		Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
	Three months ended September 30, 2011					Three months ended September 30, 2011				Three months ended September 30, 2011
Foreign currency forward contracts	$	(5,655	)		Operating expenses	$	1,545		N/A	$ N/A

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NOTE 16—SPECIAL CHARGES

Special charges are primarily costs related to certain restructuring initiatives that we have undertaken from time to time under our various restructuring plans.

	Three months ended September 30,
	2011			2010
Fiscal 2012 Restructuring Plan	$	6,684		$	—
Fiscal 2011 Restructuring Plan		979			—
Fiscal 2010 Restructuring Plan		(18	)		3,195
Acquisition-related costs		815			—
Impairment charges (recoveries) and other impacts		(1,355	)		—
Total special charges (recoveries)	$	7,105		$	3,195

Reconciliations of the liability relating to each of our materially outstanding restructuring plans are provided below:

Fiscal 2012 Restructuring Plan

In the first quarter of Fiscal 2012, we began to implement restructuring activities to streamline our operations (Fiscal 2012 restructuring plan). These charges currently relate to workforce reductions. We expect to incur more charges under the Fiscal 2012 restructuring plan, including the consolidation of certain excess facilities, as we finalize the detailed plans of these restructuring actions. The recognition of these charges requires 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 will conduct an evaluation of the related liabilities and expenses and revise our assumptions and estimates as appropriate.

A reconciliation of the beginning and ending liability for the three months ended September 30, 2011 is shown below.

Fiscal 2012 Restructuring Plan	Workforce reduction
Balance as of June 30, 2011	$	—
Accruals and adjustments		6,684
Cash payments		(2,558	)
Foreign exchange		(151	)
Balance as of September 30, 2011	$	3,975

Fiscal 2011 Restructuring Plan

In the second quarter of Fiscal 2011, we began to implement restructuring activities to streamline our operations and consolidate certain excess facilities (Fiscal 2011 restructuring plan). These charges relate to workforce reductions and facility consolidations. The recognition of these charges requires management to make certain judgments and estimates regarding the amount and timing of restructuring charges or recoveries. On a quarterly basis, we will conduct an evaluation of the related liabilities and expenses and revise our assumptions and estimates as appropriate.

Total costs to be incurred in conjunction with the Fiscal 2011 restructuring plan are expected to be approximately $10.0 million. Since the inception of the plan, $9.5 million of costs have been recorded within Special charges. We do not expect to incur any further significant charges related to the Fiscal 2011 restructuring plan.

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A reconciliation of the beginning and ending liability for the three months ended September 30, 2011 is shown below.

Fiscal 2011 Restructuring Plan	Workforce reduction			Facility costs			Total
Balance as of June 30, 2011	$	3,570		$	1,368		$	4,938
Accruals and adjustments		963			16			979
Cash payments		(2,329	)		(215	)		(2,544	)
Foreign exchange		(111	)		(1	)		(112	)
Balance as of September 30, 2011	$	2,093		$	1,168		$	3,261

Fiscal 2010 Restructuring Plan (cash liability portion)

In the first quarter of Fiscal 2010, we began to implement restructuring activities to streamline our operations and consolidate certain excess facilities (Fiscal 2010 restructuring plan). These charges relate to workforce reductions and other miscellaneous direct costs. The provision related to workforce reduction and facility costs is expected to be paid by July 2012. On a quarterly basis, we will conduct an evaluation of the remaining balances relating to workforce reductions and facility costs and revise our assumptions and estimates as appropriate.

Total costs to be incurred in conjunction with the Fiscal 2010 restructuring plan, exclusive of other costs, were expected to be approximately $40.0 million. Since the inception of the plan, $41.6 million of costs have been recorded within Special charges. We do not expect to incur any further significant charges related to the Fiscal 2010 restructuring plan.

A reconciliation of the beginning and ending liability for the three months ended September 30, 2011 is shown below.

Fiscal 2010 Restructuring Plan	Workforce reduction			Facility costs			Total
Balance as of June 30, 2011	$	1,439		$	390		$	1,829
Accruals and adjustments		(18	)		—			(18	)
Cash payments		(303	)		(201	)		(504	)
Foreign exchange		(623	)		(6	)		(629	)
Balance as of September 30, 2011	$	495		$	183		$	678

Fiscal 2009 Restructuring Plan

In the second quarter of Fiscal 2009, we began to implement restructuring activities to streamline our operations and consolidate certain excess facilities (Fiscal 2009 restructuring plan). The total costs incurred in conjunction with the Fiscal 2009 restructuring plan were $17.1 million, which has been recorded within Special charges since the commencement of the plan. The $17.1 million charge consisted primarily of costs associated with workforce reduction in the amount of $12.4 million and abandonment of excess facilities in the amount of $4.7 million. The provision related to workforce reduction has been substantially paid and the provision relating to facility costs is expected to be paid by April 2012.

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A reconciliation of the beginning and ending liability for the three months ended September 30, 2011, is shown below.

Fiscal 2009 Restructuring Plan	Workforce reduction			Facility costs			Total
Balance as of June 30, 2011	$	42		$	220		$	262
Accruals and adjustments		—			—			—
Cash payments		—			(67	)		(67	)
Foreign exchange		(42	)		2			(40	)
Balance as of September 30, 2011	$	—		$	155		$	155

Fiscal 2006 Restructuring Plan

In the first quarter of Fiscal 2006, we implemented restructuring activities to streamline our operations and consolidate certain excess facilities (Fiscal 2006 restructuring plan). The plan has been substantially completed. As of September 30, 2011, the ending liability of the plan is $0.1 million (June 30, 2011 – $0.1 million).

Impairment Charges and Other Impacts

Included within Special charges for the three months ended September 30, 2011 is (i) a recovery of $0.8 million relating to a reduction in an asset retirement obligation associated with a leased facility, and (ii) a recovery of $0.5 million relating to a new sublease on a restructured facility acquired in a prior period.

NOTE 17—ACQUISITIONS

Fiscal 2012

Operitel Corporation

On September 1, 2011, we acquired Operitel Corporation (Operitel), a software company based out of Peterborough, Ontario, Canada. Operitel specializes in building enterprise “Learning Portal” solutions. Total consideration for Operitel was Canadian $7.1 million, comprised of Canadian $6.2 million paid in cash, inclusive of Canadian $0.4 million which has been paid in escrow, and an additional Canadian $0.9 million currently held back and unpaid in accordance with the purchase agreement. In accordance with ASC Topic 805, this acquisition was accounted for as a business combination.

The fair value of the acquired assets and liabilities is provisional, pending any adjustments related to potential unrecorded liabilities, the final valuation of acquired intangible assets and any tax related impacts on the valuation of these items.

Acquisition related costs for Operitel, (included in Special charges in the Condensed Consolidated Statements of Income) for three months ended September 30, 2011 was $0.09 million.

Global 360 Holding Corp.

On July 13, 2011, we acquired Global 360 Holding Corp. (Global 360), a software company based in Dallas, Texas. Global 360 offers case management and document-centric business process management (BPM) solutions. The acquisition of Global 360 for $258.7 million in cash adds complementary BPM software to our ECM Suite. In accordance with ASC Topic 805, this acquisition was accounted for as a business combination.

The results of operations of Global 360 have been consolidated with those of Open Text beginning July 13, 2011.

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The following tables summarize the consideration paid for Global 360 and the amount of the assets acquired and liabilities assumed, as well as the goodwill recorded as of the acquisition date:

Cash consideration paid	$	258,655
Acquisition related costs (included in Special charges in the Condensed Consolidated Statements of Income) for three months ended September 30, 2011	$	724

The recognized amounts of identifiable assets acquired and liabilities assumed, based upon their fair values as of July 13, 2011, are set forth below:

Current assets (inclusive of cash acquired of $10,944)	$	38,249
Non-current assets		6,561
Intangible customer assets		58,100
Intangible technology assets		40,600
Total liabilities assumed		(87,427	)
Total identifiable net assets		56,083
Goodwill		202,572
	$	258,655

As set forth in the purchase agreement, $34.2 million of the total cash consideration paid is currently being held by an escrow agent for indemnification purposes pursuant to the purchase agreement.

No portion of the goodwill recorded upon the acquisition of Global 360 is expected to be deductible for tax purposes.

The fair value of current assets acquired includes accounts receivable with a fair value of $11.9 million. The gross amount receivable was $12.8 million. As of September 30, 2011, $0.9 million of this receivable was expected to be uncollectible.

The fair value of the acquired liabilities and goodwill is provisional, pending any adjustments related to potential unrecorded liabilities and any tax related impacts on the valuation of these items.

The amount of Global 360’s revenues and net income included in Open Text’s Consolidated Statements of Income for the three months ended September 30, 2011, and the unaudited pro forma revenues and net income of the combined entity had the acquisition been consummated as of July 1, 2010, are set forth below:

	Revenues		Net Loss*
Actual from July 13, 2011 to September 30, 2011	$	18,295	$	(3,877	)

	Three months ended September 30,
	2011		2010
Supplemental Unaudited Pro forma Information
Total revenues	$	290,382	$	240,179
Net income**	$	30,404	$	18,865

* Included within net loss for the period from July 13, 2011 to September 30, 2011 are $4.4 million of amortization charges relating to the allocated values of intangible assets and $3.4 million of restructuring charges included within Special charges (note 16).

** Included in pro forma net income are estimated amortization charges relating to the allocated values of intangible assets for all the periods reported above.

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The unaudited pro forma financial information in the table above is presented for informational purposes only and is not indicative of the results of operations that would have been achieved if the acquisition had taken place at the beginning of the period presented or the results that may be realized in the future.

NOTE 18—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		October 1, 2011— June 30, 2012		July 1, 2012— June 30, 2014		July 1, 2014— June 30, 2016		July 1, 2016 and beyond
Long-term debt obligations	$	359,205	$	68,343	$	290,862	$	—	$	—
Operating lease obligations*		155,236		22,347		49,641		33,302		49,946
Purchase obligations		2,068		1,270		783		15		—
	$	516,509	$	91,960	$	341,286	$	33,317	$	49,946

* Net of $4.3 million of sublease income to be received from properties which we have subleased to other parties.

Guarantees and indemnifications

We have entered into license agreements with customers that include limited intellectual property indemnification clauses. Generally, we agree to indemnify our customers against legal claims that our software products infringe certain third party intellectual property rights. In the event of such a claim, we are generally obligated to defend our customers against the claim and either settle the claim at our expense or pay damages that our customers are legally required to pay to the third-party claimant. These intellectual property infringement indemnification clauses generally are subject to limits based upon the amount of the license sale. We have not made any indemnification payments in relation to these indemnification clauses.

In connection with certain facility leases, we have guaranteed payments on behalf of our subsidiaries either by providing a security deposit with the landlord or through unsecured bank guarantees obtained from local banks.

We have not accrued a liability for guarantees, indemnities or warranties described above in the Condensed Consolidated Balance Sheets since no material payments are expected to be made. The maximum amount of potential future payments under such guarantees, indemnities and warranties is not determinable.

Litigation

We are subject from time to time to legal proceedings and claims, either asserted or unasserted, that arise in the ordinary course of business and we accrue for these items where appropriate. While the outcome of these proceedings and claims cannot be predicted with certainty, we do not believe that the outcome of any of these legal matters will have a material adverse effect on our consolidated financial position, results of operations and cash flows.

NOTE 19—SUPPLEMENTAL CASH FLOW DISCLOSURES

	Three months ended September 30,
	2011		2010
Supplemental disclosure of cash flow information:
Cash paid during the period for interest	$	2,582	$	2,109
Cash received during the period for interest	$	152	$	240
Cash paid during the period for income taxes	$	766	$	447

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NOTE 20—NET INCOME PER SHARE

Basic earnings per share are computed by dividing net income by the weighted average number of Common Shares outstanding during the period. Diluted earnings per share are computed by dividing net income by the shares used in the calculation of basic net income 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 net income per share if their effect is anti-dilutive.

	Three months ended September 30,
	2011		2010
Basic earnings per share
Net income	$	34,986	$	21,671
Basic earnings per share	$	0.61	$	0.38
Diluted earnings per share
Net income	$	34,986	$	21,671
Diluted earnings per share	$	0.60	$	0.37
Weighted average number of shares outstanding
Basic		57,412		56,883
Effect of dilutive securities		1,187		1,039
Diluted		58,599		57,922
Excluded as anti-dilutive*		—		272

* Represents options to purchase Common Shares excluded from the calculation of diluted net income 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.

NOTE 21—RELATED PARTY TRANSACTIONS

Our procedure regarding the approval of any related party transaction is that the material facts of such transaction shall be reviewed by the independent members of our board of directors (The Board) and the transaction approved by a majority of the independent members of our Board. The Board reviews all transactions wherein we are, or will be a participant and any related party has or will have a direct or indirect interest. In determining whether to approve a related party transaction, the Board 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 three months ended September 30, 2011, Mr. Stephen Sadler, a director, earned approximately $0.4 million (three months ended September 30, 2010—$28,000), inclusive of bonus fees aggregating $0.3 million, in consulting fees from Open Text for assistance with acquisition-related business activities. Mr. Sadler abstained from voting on all transactions from which he would potentially derive consulting fees.

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operation

This Quarterly Report on Form 10-Q, including this Management’s Discussion and Analysis of Financial Condition and Results of Operations, contains forward-looking statements regarding future events and our future results that are subject to the safe harbors within the meaning of the Private Securities Litigation Reform Act of 1995, and created under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts are statements that could be deemed forward-looking statements.

Certain statements in this report may contain words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “could,” “would” and other similar language and are considered forward-looking statements or information under applicable securities laws. In addition, any information or statements that refer to expectations, beliefs, plans, projections, objectives, performance or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking, and based on our current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which we operate. Such forward-looking information or statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. Our assumptions, although considered reasonable by us at the date of this report, may prove to be inaccurate and consequently our actual results could differ materially from the expectations set out herein.

You should not rely too heavily on the forward-looking statements contained in this Quarterly Report on Form 10-Q, because these forward-looking statements are relevant only as of the date they were made. We undertake no obligation to revise or publicly release the results of any revisions to these forward-looking information or statements. You should carefully review Part II, Item 1A “Risk Factors” and other documents we file from time to time with the Securities and Exchange Commission and other applicable securities regulators. A number of factors may materially affect our business, financial condition, operating results and prospects. These factors include but are not limited to those set forth in Part II, Item 1A “Risk Factors” and elsewhere in this report. Any one of these factors, and other factors that we are unaware of, or currently deem immaterial, may cause our actual results to differ materially from recent results or from our anticipated future results.

The following MD&A is intended to help readers understand our results of operations and financial condition, and is provided as a supplement to, and should be read in conjunction with, our consolidated financial statements and the accompanying Notes to Consolidated Financial Statements (the Notes) under Part I, Item 1 of this Form 10-Q.

All percentage comparisons made herein generally refer to the three months ended September 30, 2011 compared with the three months ended September 30, 2010, unless otherwise noted.

Where we say “we”, “us”, “our”, “Open Text” or “the Company”, we mean Open Text Corporation or Open Text Corporation and its subsidiaries, as applicable.

BUSINESS OVERVIEW

Open Text

We are an independent company providing Enterprise Content Management (ECM) software solutions. ECM is the set of technologies used to capture, manage, store, preserve, find and retrieve structured and unstructured content. We focus solely on ECM software solutions with a view to being recognized as “The Content Experts” in the software industry. We endeavor to be at the leading edge of content management technology by regularly upgrading and improving on our product offerings. We have endeavored to achieve this objective internally and through acquisitions of companies that own technologies we feel will benefit our clients.

Our initial public offering was on the NASDAQ in 1996 and we were subsequently listed on the Toronto Stock Exchange in 1998. We are a multinational company and currently employ approximately 4,700 people worldwide.

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Quarterly Highlights and Features:

Highlights and features of our operating results for the three months ended September 30, 2011 include:

• Total revenues increased by 32.5% on a quarter over quarter basis to $288.0 million.

• License revenues increased by 52.5% on a quarter over quarter basis to $65.0 million

• Customer support revenues increased by 24.8% on a quarter over quarter basis to $162.0 million

• Service and other revenues increased by 35.6% on a quarter over quarter basis to $61.0 million

Other highlights and features were as follows:

• In September 2011, Open Text acquired Operitel Corporation, a software provider specializing in Learning Management Solutions. See “Acquisitions” below for more details.

• In August 2011, Open Text announced that Davidson Consulting, a fax industry analyst firm, stated Open Text as a leading providing of enterprise fax server software based on 2010 sales. The release of our product “RightFax 10” was a milestone for the Company as it provided enhanced support for “cloud-based” office systems, as well as a number of enhancements that aimed to make it easier, faster and more secure for customers to integrate faxing into their business processes and workflows. The Davidson report cites Open Text’s innovation and focus on helping customers increase efficiency and lower costs as key factors in RightFax’s growing market acceptance.

• In August 2011, Open Text introduced a “Travel Receipts Management” solution that works in concert with SAP’s Travel Management application, designed to eliminate the need to move paper receipts around in order to process expense reports. This product is intended to help companies lower their costs and time involved with processing reimbursements.

• In July 2011, we acquired Global 360 Holding Corp., a software company that provides process and case management solutions. See “Acquisitions” below for more details.

Acquisitions

Our competitive position in the marketplace requires us to maintain a complex and evolving array of technologies, products, services and capabilities. In light of the continually evolving marketplace in which we operate, we regularly evaluate various acquisition opportunities within the ECM marketplace and elsewhere in the high technology industry. We believe our acquisitions support our long-term strategic direction, and are intended to strengthen our competitive position, expand our customer base, provide greater scale to accelerate innovation, and increase shareholder value. We expect to continue to strategically acquire companies, products, services and technologies to augment our existing business.

During the first quarter of the fiscal year ending June 30, 2012 (Fiscal 2012) we have continued our acquisition activity with the following acquisitions:

Operitel Corporation (Operitel)

On September 1, 2011, we acquired Operitel Corporation (Operitel), a software company based in Peterborough, Ontario, Canada, specializing in Learning Management Systems (LMS) and Enterprise Learning Portals. The acquisition adds strong e-learning capabilities to our solutions. Operitel’s solutions include social and mobile learning management and capabilities that integrate with Microsoft^® SharePoint. Total purchase consideration for this acquisition was approximately Canadian $7.1 million, subject to customary purchase price and holdback adjustments.

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Global 360 Holding Corp. (Global 360)

On July 13, 2011, we acquired Global 360 Holding Corp. (Global 360), a provider of “process and case management” solutions headquartered in Dallas, Texas. The acquisition continues our expansion into the business process management (BPM) market, and adds to our technology, talent, services, partner and geographical strengths, as well as giving us new capabilities in the field of “dynamic case management”. Total purchase consideration for this acquisition was approximately $258.7 million, subject to customary purchase price and holdback adjustments.

Partners

Partnerships are fundamental to the Open Text business. We have developed strong and mutually beneficial relationships with key technology partners, including major software vendors, systems integrators, and storage vendors, which we believe gives us leverage to deliver customer-focused solutions. Key partnership alliances of Open Text include, but are not limited to, Oracle^©, Microsoft^©, and SAP^©. We rely on close cooperation with partners for sales and product development, as well as for the optimization of opportunities which arise in our competitive environment. We aim to strengthen our global partner program, with emphasis on developing strategic relations and achieving close integration with partners. Our partners continue to generate business in key areas such as archiving, records management and compliance.

Outlook for Fiscal 2012

We believe that we have a strong position in the ECM market and that the market for content solutions remains generally stable. We think that our diversified geographic profile helps strengthen our position, in that approximately half of our revenues are generated from outside of North America and thus helps cushions us from a “downturn” in any one specific region. Additionally, we believe that our focus on compliance based products also helps to partially insulate us from any “downturns” in the macroeconomic environment. We also believe we have a strong position in the ECM market as over 50% of our revenues are from customer support revenues, which are generally a recurring source of income, and we expect this trend will continue.

We expect our revenue “mix” for Fiscal 2012 to be in the following ranges:

(% of total revenues)
License	25% to 30%
Customer support	52% to 57%
Services and other	18% to 23%

Results of Operation

Revenues

Revenues by Product Type and Geography:

The following tables set forth our revenues by product and as a percentage of total revenues as well as revenues by major geography and as a percentage of total revenues for each of the periods indicated:

Revenue by product type

	Three months ended September 30,				Change/ increase (decrease)
(In thousands)	2011		2010
License	$	65,028	$	42,646	$	22,382
Customer support		161,997		129,757		32,240
Services and other		61,021		45,002		16,019
Total	$	288,046	$	217,405	$	70,641

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	Three months ended September 30,
(% of total revenue)	2011		2010
License		22.6%		19.6%
Customer support		56.2%		59.7%
Services and other		21.2%		20.7%
Total		100.0%		100.0%

Revenue by Geography

	Three months ended September 30,				Change/ increase (decrease)
(In thousands)	2011		2010
North America	$	142,926	$	117,636	$	25,290
Europe		114,797		81,193		33,604
Other*		30,323		18,576		11,747
Total	$	288,046	$	217,405	$	70,641

	Three months ended September 30,
% of total revenue	2011		2010
North America		49.6%		54.1%
Europe		39.9%		37.3%
Other*		10.5%		8.6%
Total		100.0%		100.0%

* Other primarily consists of the following countries: Australia, Brazil, Japan, Singapore and United Arab Emirates.

License Revenues consists of fees earned from the licensing of software products to customers. Our license revenues are impacted by the strength of general economic and industry conditions, the competitive strength of our software products, and our acquisitions.

License revenues increased by $22.4 million in the three months ended September 30, 2011 as compared to the three months ended September 30, 2010. The increase in license revenues is geographically attributable to an increase in North America license sales of $8.3 million, an increase in European license sales of $10.5 million and an increase in license sales in other geographies of $3.6 million.

Customer Support Revenues consist of revenues from our customer support and maintenance agreements. These agreements allow our customers to receive technical support, enhancements and upgrades to new versions of our software products when and if available. Customer support revenues are generated from support and maintenance relating to current year sales of software products and from the renewal of existing maintenance agreements for software licenses sold in prior periods. Therefore, changes in customer support revenues do not always correlate directly to the changes in license revenues from period to period. The terms of support and maintenance agreements are typically twelve months, with customer renewal options.

Customer support revenues increased by $32.2 million in the three months ended September 30, 2011 as compared to the three months ended September 30, 2010. The increase in customer support revenues was attributable to an increase in North America customer support sales of $11.4 million, an increase in European customer support sales of $15.7 million and the remainder $5.1 million of the change due to sales generated in other geographies.

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Service and Other Revenues consist of revenues from consulting contracts and contracts to provide implementation, training and integration services (Professional Services). “Other” revenues consist of hardware revenues. These revenues are grouped within the “Service and Other” category because they are relatively immaterial. Professional Services, if purchased, are typically performed after the purchase of new software licenses.

Service and other revenues increased by $16.0 million in the three months ended September 30, 2011 as compared to the same period of last fiscal year. Geographically, the increase is due to an increase in revenues in North America of $5.7 million, an increase in revenues from Europe of $7.3 million and the remaining $3.0 million of the change due to increased revenues generated in other geographies.

Cost of Revenues and Gross Margin by Product Type

The following tables set forth the changes in cost of revenues and gross margin by product type for the periods indicated:

	Three months ended September 30,				Change/ increase (decrease)
(In thousands)	2011		2010
License	$	3,998	$	3,502	$	496
Customer Support		26,269		19,356		6,913
Service and Other		50,351		35,113		15,238
Amortization of acquired technology-based intangible assets		20,790		15,427		5,363
Total	$	101,408	$	73,398	$	28,010

	Three months ended September 30,
Gross Margin	2011			2010
License		93.9	%		91.8	%
Customer Support		83.8	%		85.1	%
Service and Other		17.5	%		22.0	%

Cost of license revenues consists primarily of royalties payable to third parties and product media duplication, instruction manuals and packaging expenses.

Cost of license revenues remained consistent in the three months ended September 30, 2011 as compared to the three months ended September 30, 2010, increasing slightly by $0.5 million. The increase in costs is primarily due to an increase in direct costs associated with the corresponding increase in license revenues.

Overall gross margin on cost of license revenues has increased slightly at approximately 94%.

Cost of customer support revenues is comprised primarily of technical support personnel and related costs, as well as third party royalty costs.

Cost of customer support revenues increased by $6.9 million during the three months ended September 30, 2011 as compared to the same period in the prior fiscal year primarily due to an increase in direct labour costs associated with the corresponding increase in customer support revenues.

Overall gross margin on customer support revenues has remained relatively stable at approximately 84%.

Cost of service and other revenues consists primarily of the costs of providing integration, configuration and training with respect to our various software products. The most significant components of these costs are personnel-related expenses, travel costs and third party subcontracting.

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Cost of services and other revenues increased by $15.2 million in the three months ended September 30, 2011 as compared to the three months ended September 30, 2010, primarily as a result of an increase in direct labour and other labour related costs associated with an increase in service and other revenues. In addition travel expenses increased by approximately $1.1 million as a result of increased business activities.

Overall gross margin on cost of services and other revenues have decreased compared to the prior fiscal year primarily on account of our growth in geographies outside of North America. As we continue to expand in “other” geographies, our internal labour, as well as subcontracting and travel costs are increasing at a slightly higher rate than revenue growth due to the time it takes to develop our internal resources.

Amortization of acquired technology-based intangible assets increased by $5.4 million due to the increase in intangible assets on account of acquisitions during the three months ended September 30, 2011.

Operating Expenses

The following table sets forth total operating expenses by function and as a percentage of total revenues for the periods indicated:

	Three months ended September 30,				Change/ increase (decrease)
(In thousands)	2011		2010
Research and development	$	43,458	$	30,963	$	12,495
Sales and marketing		64,880		44,180		20,700
General and administrative		25,761		19,810		5,951
Depreciation		5,258		4,875		383
Amortization of acquired customer-based intangible assets		13,041		8,801		4,240
Special charges		7,105		3,195		3,910
Total	$	159,503	$	111,824	$	47,679

	Three months ended September 30,
(in % of total revenue)	2011			2010
Research and development		15.1	%		14.2	%
Sales and marketing		22.5	%		20.3	%
General and administrative		8.9	%		9.1	%
Depreciation		1.8	%		2.2	%
Amortization of acquired customer-based intangible assets		4.5	%		4.0	%
Special charges		2.5	%		1.5	%

Research and development expenses consist primarily of personnel expenses, contracted research and development expenses, and facility costs. Research and development enables organic growth and as such we dedicate extensive efforts to update and upgrade our product offerings. The primary driver is typically budgeted software upgrades and software development.

Research and development expenses increased by $12.5 million. The increase was primarily due to an increase in direct labour and labour-related benefits and expenses of $10.4 million. The remainder of the difference is principally due to an increase in training and education expenses.

Overall, our research and development expenses, as a percentage of total revenues, have remained relatively stable at approximately 15%.

Headcount at September 30, 2011 related to development activities increased by 205 employees compared to September 30, 2010.

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Our expectation for Fiscal 2012 is that research and development expenses will be in the range of 14% – 16% of total revenues.

Sales and marketing expenses consist primarily of personnel expenses and costs associated with advertising and trade shows.

Sales and marketing expenses increased by $20.7 million primarily due to an increase in direct labour and labour-related benefits and expenses of $16.6 million. The remainder of the difference is primarily due to increase in travel expenses of $1.6 million and changes in other miscellaneous sales and marketing-related expenses.

Headcount at September 30, 2011 related to sales and marketing activities increased by 227 employees compared to September 30, 2010.

Our expectation for Fiscal 2012 is that sales and marketing expenses will be in the range of 21% -23% of total revenues.

General and administrative expenses consist primarily of personnel expenses, related overhead, audit fees, other professional fees, consulting expenses and public company costs.

General and administrative expenses increased by $6.0 million primarily due to an increase in direct labour and labour-related benefits and expenses of $2.4 million, occupancy related costs of $1.8 million and audit fees of $1.1 million. The remainder of the increase is attributable to other miscellaneous expenses.

Overall, our general and administrative expenses, as a percentage of total revenues, have remained relatively stable at approximately 9%.

Headcount at September 30, 2011 related to general and administrative activities increased by 106 employees compared to September 30, 2010.

Our expectation for Fiscal 2012 is that general and administrative expenses will be in the range of 8% – 10% of total revenues.

Depreciation expenses increased slightly by $0.4 million in the three months ended September 30, 2011 as a result of capital asset additions.

Amortization of acquired customer-based intangible assets increased by $4.2 million due to an increase in intangible assets resulting from acquisitions made during the three months ended September 30, 2011.

Special charges typically relate to amounts that we expect to pay in connection with restructuring plans relating to employee workforce reduction and abandonment of excess facilities, impairment of long-lived assets, acquisition related costs (with effect from July 1, 2009 and onwards) and other similar charges. Generally, we implement such plans in the context of integrating the activities of acquired entities into existing Open Text operations. Actions related to such restructuring plans are, more often than not, completed within a period of one year. In certain limited situations, if the planned activity does not need to be implemented, or an expense lower than anticipated is paid out, we record a recovery of the originally recorded expense to special charges.

Special charges increased by $3.9 million during the three months ended September 30, 2011 as compared to the same period in the prior fiscal year primarily due to new restructuring activities that were implemented in the first quarter of Fiscal 2012 (Fiscal 2012 restructuring plan).

For more details on Special charges, see note 16 to our condensed consolidated financial statements.

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Net other income relates to certain non-operational charges consisting primarily of transactional foreign exchange gains (losses) and tax-related penalties.

For the three months ended September 30, 2011, net other income increased by $6.8 million, as compared to the same period in the prior fiscal year. The increase is primarily due to foreign exchange gains of $7.6 million partially offset by an increase in expenses of $0.8 million related to other expenses and tax-related penalties.

Net interest expense primarily consists of cash interest paid on our debt facilities offset by interest income earned on our cash and cash equivalents.

Net interest expense increased by $0.2 million for the three months ended September 30, 2011, as compared to the same period in the prior fiscal year. The increase was primarily due to additional expenses of $0.6 million we incurred on borrowings outstanding under the revolver. The increase was offset by a reduction in expense on account of lower tax-related liabilities for income tax expense of $0.3 million.

Provision for (recovery of) income taxes: The net decrease from a $8.9 million tax expense for the three months ended September 30, 2010 to a tax recovery of $2.9 million for the three months ended September 30, 2011 was primarily due to “one-time” tax benefits relating to the internal reorganization of certain recently acquired international subsidiaries and functional currency election filed by the Canadian entity in the quarter, together with an increase in income taxes due to an increase in “net income before income taxes” over the comparative periods.

Liquidity and Capital Resources

The following table sets forth changes in cash flow from operating, investing and financing activities for the periods indicated:

	Three months ended September 30,				Change/ increase (decrease)
(In thousands)	2011		2010
Cash provided by operating activities	$	45,348	$	48,934	$	(3,586	)
Cash used by investing activities	$	262,147	$	9,017	$	253,130
Cash provided by financing activities	$	55,753	$	2,800	$	52,953

Cash flows provided by operating activities

Cash flows from operating activities decreased by $3.6 million during the three months ended September 30, 2011 as compared to the three months ended September 30, 2010 on account of a decrease in operating assets and liabilities of $13.4 million, offset by an increase in net income, before the impact of non cash adjustments, of $9.8 million.

The decrease in operating assets and liabilities of $13.4 million was primarily due to decreases of (i) $25.8 million relating to a higher deferred revenue balance, and (ii) $6.2 million relating to a higher accounts receivable balance. The decreases were partially offset by an increase of (i) $3.5 million relating to the net impact of changes in income taxes payable and deferred taxes balance (ii) $8.4 million relating to changes in prepaid and other assets balance, (iii) $4.6 million relating to changes in accounts payable balance and (iv) $2.1 million due to changes in other long term assets.

Cash used in investing activities

Our cash used in investing activities are primarily on account of business acquisitions.

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Cash flows used in investing activities increased by $253.1 million during the three months ended September 30, 2011 as compared to the three months ended September 30, 2010 due to an increase in acquisition related spending. Of this increase, Global 360 accounted for $247.7 million and Operitel accounted for $6.3 million. The remainder of the change in investing activities is related to other miscellaneous investing activities.

Cash flows from financing activities

Our cash flows from financing activities consist of debt financing and amounts received from options exercised for Common Shares by our employees. These inflows are typically offset by scheduled and non-scheduled repayments of our long-term debt financing and, when applicable, the repurchases of our Common Shares.

Cash flows used in financing activities increased by $53.0 million in the three months ended September 30, 2011 compared to the three months ended September 30, 2010, primarily due to (i) proceeds borrowed under our Revolver in the amount of $48.5 million, and (ii) an increase in the proceeds from Common Shares exercised by our employees in the amount of $4.6 million. These increases were offset by a decrease of $0.1 million due to other miscellaneous financing related activities.

Long-term Debt and Credit Facilities

Term loan

Our term loan has a seven-year term, expires on October 2, 2013 and bears interest at a floating rate of LIBOR plus 2.25%. The quarterly scheduled term loan principal repayments are equal to 0.25% of the original principal amount, due each quarter with the remainder due at the end of the term, less ratable reductions for any non-scheduled prepayments made. Our current quarterly scheduled principal payment is approximately $0.7 million.

The material financial covenants under our term loan agreement are that:

• We must maintain a “consolidated leverage” ratio of no more than 3:1 at the end of each financial quarter. Consolidated leverage ratio is defined for this purpose as the proportion of our total debt, including guarantees and letters of credit, over our “trailing twelve months” net income before interest, taxes, depreciation and amortization (EBITDA); and

• We must maintain a “consolidated interest coverage” ratio of 3:1 or more at the end of each financial quarter. Consolidated interest coverage ratio is defined for this purpose as our consolidated EBITDA over our consolidated interest expense.

As of September 30, 2011, the carrying value of the term loan was $284.3 million and we were in compliance with all loan covenants relating to this credit facility. We intend, at the appropriate time, to amend and restate our existing credit facility for the purposes of increasing our liquidity and access to capital for general corporate purposes, which may include future growth opportunities, and extending the maturity dates of our existing loans.

Revolver

Prior to September 29, 2011, our credit facility included a revolver that had a five-year term and expired on October 2, 2011. However, on September 29, 2011, we extended the revolver for 60 days without change to any of the previous terms except that the amount available under the revolver was reduced to $50.0 million from $75.0 million. Borrowings under this facility bear interest at rates specified in the credit agreement. The revolver is subject to a “stand-by” fee ranging between 0.30% and 0.50% per annum depending on our consolidated leverage ratio.

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As of September 30, 2011, we have outstanding a net borrowed amount of $48.5 million on the revolver, which was used partially towards the acquisition of Global 360. We are required to repay this balance by December 1, 2011.

Mortgage

In December 2005, we entered into a five-year mortgage agreement with the bank. The principal amount of the mortgage was for Canadian $15.0 million and was originally scheduled to mature on January 1, 2011. During Fiscal 2011, the mortgage was extended for twelve months, now maturing on January 1, 2012. Please refer to note 10 “Long-term debt” to our consolidated financial statements.

We anticipate that our cash and cash equivalents, as well as available credit facilities and committed loan facilities will be sufficient to fund our anticipated cash requirements for working capital, contractual commitments, and capital expenditures for the foreseeable future. Any material acquisition-related activities may require additional sources of financing.

Pensions

As part of the acquisition of Captaris in October 2008, we acquired an unfunded pension plan and certain long-term employee benefit plans. As of September 30, 2011, our total unfunded pension plan obligation was $18.7 million, of which $0.6 million is payable within the next 12 months. We expect to be able to make the long term and short term payments related to this obligation in the normal course. For a detailed discussion see note 11 “Pension Plans and Other Post Retirement Benefits” to our condensed consolidated financial statements.

Commitments and Contractual Obligations

We have entered into the following contractual obligations with minimum payments for the indicated fiscal periods as follows:

	Payments due between
	Total		October 1, 2011— June 30, 2012		July 1, 2012— June 30, 2014		July 1, 2014— June 30, 2016		July 1, 2016 and beyond
Long-term debt obligations	$	359,205	$	68,343	$	290,862	$	—	$	—
Operating lease obligations*		155,236		22,347		49,641		33,302		49,946
Purchase obligations		2,068		1,270		783		15		—
	$	516,509	$	91,960	$	341,286	$	33,317	$	49,946

* Net of $4.3 million of sublease income to be received from properties which we have subleased to other parties.

The long-term debt obligations are comprised of interest and principal payments on our term loan agreement, borrowings on our revolver, and a mortgage on our headquarters in Waterloo, Ontario, Canada. See note 10 to our consolidated financial statements.

Guarantees and indemnifications

We have entered into license agreements with customers that include limited intellectual property indemnification clauses. Generally, we agree to indemnify our customers against legal claims that our software products infringe certain third party intellectual property rights. In the event of such a claim, we are generally obligated to defend our customers against the claim and either settle the claim at our expense or pay damages that our customers are legally required to pay to the third-party claimant. These intellectual property infringement indemnification clauses generally are subject to limits based upon the amount of the license sale. We have not made any indemnification payments in relation to these indemnification clauses.

36

In connection with certain facility leases, we have guaranteed payments on behalf of our subsidiaries either by providing a security deposit with the landlord or through unsecured bank guarantees obtained from local banks.

We have not accrued a liability for guarantees, indemnities or warranties described above in the accompanying consolidated balance sheets since no material payments are expected to be made. The maximum amount of potential future payments under such guarantees, indemnities and warranties is not determinable.

Litigation

We are subject from time to time to legal proceedings and claims, either asserted or unasserted, that arise in the ordinary course of business. While the outcome of these proceedings and claims cannot be predicted with certainty, our management does not believe that the outcome of any of these legal matters will have a material adverse effect on our consolidated financial position, results of operations and cash flows.

Off-Balance Sheet Arrangements

We do not enter into off-balance sheet financing as a matter of practice except for the use of operating leases for office space, computer equipment, and vehicles. None of the operating leases described in the previous sentence has, or potentially may have, a material current or future effect on our financial condition, revenues, expenses, results of operations, liquidity, capital expenditures or capital resources. In accordance with U.S. GAAP, neither the lease liability nor the underlying asset is carried on the balance sheet, as the terms of the leases do not meet the criteria for capitalization.

Critical Accounting Policies and Estimates

The preparation of financial statements in conformity with U.S. GAAP requires us to make 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, significant estimates, judgments and assumptions include those related to: (i) revenue recognition, (ii) allowance for doubtful accounts, (iii) testing 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) asset retirement obligations, (x) realization of investment tax credits, (xi) the valuation of stock options granted and liabilities related to share-based payments, including the valuation of our long-term incentive plan, (xii) the valuation of financial instruments, (xiii) the valuation of pension assets and obligations, and (xiv) accounting for income taxes.

There was no significant change in our critical accounting policies and estimates since the end of the fiscal year ended June 30, 2011.

Item 3. Quantitative and Qualitative Disclosures about Market Risk

We are primarily exposed to market risks associated with fluctuations in interest rates on our term loan and foreign currency exchange rates.

Interest rate risk

Our exposure to interest rate fluctuations relate primarily to our term loan. As of September 30, 2011, we had an outstanding balance of $284.3 million on the term loan. The term loan bears a floating interest rate of

37

LIBOR plus a fixed rate of 2.25%. As of September 30, 2011, an adverse change in LIBOR of 100 basis points (1.0%) would have the effect of increasing our annual interest payment on the term loan by approximately $2.8 million, assuming that the loan balance as of September 30, 2011 is outstanding for the entire period.

Foreign currency risk

Our reporting currency is the U.S dollar. On account of our international operations, a substantial portion of our cash and cash equivalents is held in currencies other than the U.S. dollar. As of September 30, 2011, this balance represented approximately 59% of our total cash and cash equivalents. A 10% adverse change in foreign exchange rates versus the U.S. dollar would have decreased our reported cash and cash equivalents by approximately 6%. Additionally, we have hedged certain of our Canadian dollar foreign currency exposures relating to our payroll expenses in Canada. Based on the foreign exchange forward contracts outstanding as at September 30, 2011, a one cent change in the Canadian dollar to United States dollar exchange rates would cause a change of approximately $1.0 million in the mark to market on our existing foreign exchange forward contracts.

Our international operations expose us to foreign currency fluctuations. Revenues and related expenses generated from subsidiaries, other than those located in the U.S., are generally denominated in the functional currencies of the local countries. These functional currencies include Euros, Canadian dollars, Australian dollars and British pounds. The income statements of our international operations are translated into U.S. dollars at the average exchange rates in each applicable period. To the extent the U.S. dollar strengthens against foreign currencies, the foreign currency conversion of these foreign currency denominated transactions into U.S. dollars results in reduced revenues, operating expenses and net income (loss) for our international operations. Similarly, our revenues, operating expenses and net income (loss) will increase for our international operations if the U.S. dollar weakens against foreign currencies. We cannot predict the effect foreign exchange fluctuations will have on our results going forward. However, if there is a change in foreign exchange rates versus the U.S. dollar, it could have a material effect on our results of operations.

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

As of the end of the period covered by this Quarterly Report on Form 10-Q, our management, with the participation of the Chief Executive Officer and Chief Financial Officer, performed an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures as defined in Rule 13a-15(e) promulgated under the Securities Exchange Act of 1934, as amended (the Exchange Act). Based upon that evaluation, the Chief Executive Officer and Chief Financial Officer concluded that as of September 30, 2011, our disclosure controls and procedures were effective to provide reasonable assurance that information required to be disclosed in our reports filed or submitted under the Exchange Act were recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms, and that information required to be disclosed by us in the reports we file under the Exchange Act (according to Rule 13(a)-15(e)) is accumulated and communicated to our management, including the Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure.

Changes in Internal Control over Financial Reporting

Based on the evaluation completed by our management, in which our Chief Executive Officer and Chief Financial Officer participated, our management has concluded that there were no changes in our internal control over financial reporting (as defined in Rule 13a-15(f) under the Exchange Act) during the fiscal quarter ended September 30, 2011 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

38

PART II OTHER INFORMATION

Item 1A. Risk Factors

Risk Factors

You should carefully consider the factors discussed in Part I, Item 1A, “Risk Factors” in our Annual Report on Form 10-K for our fiscal year ended June 30, 2011. These are not the only risks and uncertainties facing us. Our business is also subject to general risks and uncertainties that affect many other companies.

39

Item 6. Exhibits and Financial Statement Schedules

The following exhibits are filed with this report:

Exhibit Number	Description of Exhibit
10.18	Extension of Revolving Credit Facilities entered into between Open Text Corporation and Royal Bank of Canada, (as Administrative Agent), entered into on September 29, 2011.
31.1	Certification of the Chief Executive Officer, pursuant to Rule 13a-14(a) of the Exchange Act, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2	Certification of the Chief Financial Officer pursuant to Rule 13a-14(a) of the Exchange Act, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1	Certification of the Chief Executive Officer pursuant to 18 U.S.C Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2	Certification of the Chief Financial Officer pursuant to 18 U.S.C Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS	XBRL instance document
101.SCH	XBRL taxonomy extension schema
101.CAL	XBRL taxonomy extension calculation linkbase
101.DEF	XBRL taxonomy extension definition linkbase
101.LAB	XBRL taxonomy extension label linkbase
101.PRE	XBRL taxonomy extension presentation

40

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	OPEN TEXT CORPORATION
Date: October 27, 2011	By:	/s/    JOHN SHACKLETON
		John Shackleton President and Chief Executive Officer (Principal Executive Officer)
		/s/    PAUL MCFEETERS
		Paul McFeeters Chief Financial Officer (Principal Financial Officer)
		/s/    SUJEET KINI
		Sujeet Kini Vice President, Controller (Principal Accounting Officer)

41

EX-10.18

Exhibit 10.18

September 29, 2011

Royal Bank of Canada, as Administrative Agent

200 Bay Street

Royal Bank Plaza

12th Floor, South Tower

Toronto, Ontario M5J 2W7

Attention:	Manager, Agency
	Agency Service Group

Re: Extension of Revolving Credit Facilities

Ladies and Gentlemen:

Reference is made to that certain Credit Agreement dated as of October 2, 2006, as amended pursuant to a First Amendment dated as of February 15, 2007 and as further amended pursuant to a Second Amendment dated as of September 24, 2009 (such agreement, as amended to the date hereof, the “Credit Agreement”) between Open Text Corporation and certain of its Subsidiaries, as Revolving Credit Borrowers, the Domestic Guarantors party thereto, Royal Bank of Canada, as Administrative Agent and a Revolving Credit Lender and certain other financial institutions party thereto as Lender. Capitalized terms used, and not otherwise defined, shall have the respective meanings ascribed thereto in the Credit Agreement.

Pursuant to Section 18.01(2)(iii) of the Credit Agreement, only written acceptances, amendments, waivers or consents signed by all affected Lenders shall postpone any date fixed for any payment of principal of, or interest on, any Accommodation Outstanding or any Fees. The Revolving Credit Borrowers hereby request that, in accordance with Section 18.01(2)(iii), each of the Revolving Credit Lenders consents, solely with respect to its own Revolving Credit Commitment, to extend the “Relevant Repayment Date” to December 1, 2011. By its signature below and subject to the terms and conditions of the letter agreement, each Revolving Credit Lender agrees, solely with respect to its own Revolving Credit Commitment and not the Revolving Credit Commitment of any other Revolving Credit Lender, to amend the definition of “Relevant Repayment Date” to delete the phrase “in respect of Accommodations Outstanding under the Revolving Credit Facility, the fifth anniversary of the Closing Date” in clause (i) thereof and replace it with the phrase “in respect of Accommodations Outstanding under the Revolving Credit Facility, December 1, 2011”. For the avoidance of doubt, in the event that a Revolving Credit Lender does not execute or otherwise consent to the amendment contemplated by this letter agreement, the “Relevant Repayment Date” in respect of such Revolving Credit Lender’s Revolving Credit Commitment shall continue to be the fifth anniversary of the Closing Date.

On and after the effectiveness of this letter agreement, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Credit Agreement, and each reference in each of the other Credit Documents to “the Credit Agreement”, “thereunder”, “thereof” or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement, as amended pursuant to this letter agreement.

The Credit Agreement and each of the other Credit Documents, as specifically amended pursuant to this letter agreement, are and shall continue to be in full force and effect and are hereby in all respects ratified and confirmed. The execution, delivery and effectiveness of this letter agreement shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of any Lender or the Administrative Agent under any of the Credit Documents, nor constitute a waiver of any provision of any of the Credit Documents.

Each of the Loan Parties under the Credit Agreement hereby consents to this letter agreement and hereby confirms and agrees that (a) notwithstanding the effectiveness of this letter agreement, the Credit Agreement and Credit Documents are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects, except that, on and after the effectiveness of this letter agreement, each reference in the Credit Agreement and the Credit Documents to the “Credit Agreement”, “thereunder”, “thereof” or words of like import shall mean and be a reference to the Credit Agreement, as amended pursuant to this letter agreement, and (b) the Security Documents to which such Loan Party is a party and all of the Collateral described therein do, and shall continue to, secure the payment of all of the Guaranteed Obligations (in each case, as defined therein).

This letter agreement shall become effective as of the date first above written when, and only when, counterparts of this letter agreement have been executed by the Loan Parties, the Administrative Agent and the Revolving Credit Lenders consenting to the amendment contemplated by this letter agreement in respect of their own Revolving Credit Commitment.

This letter agreement may be executed by one or more of the parties on any number of separate counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of a counterpart hereof via facsimile transmission or electronic transmission shall be as effective as delivery of a manually executed counterpart hereof. Any provision of this letter agreement which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. This letter agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns in accordance with the Credit Agreement. This letter agreement shall be governed by the laws of the Province of Ontario and the federal laws of Canada applicable therein. This letter agreement shall constitute a Credit Document for all purposes.

[Remainder of page intentionally left blank.]

- 2 -

Acknowledged and agreed as of this 29 day of September, 2011.

ROYAL BANK OF CANADA, as Administrative Agent
By:
	Name:
	Title:

- 3 -

Acknowledged and agreed as of this 29 day of September, 2011.

ROYAL BANK OF CANADA, as a Revolving Credit Lender, the Documentary Credit Lender and the Swing Line Lender
By:
	Name:
	Title:

- 4 -

Yours very truly,

OPEN TEXT CORPORATION, for and on behalf of itself and the other Loan Parties
By:
	Name:	Paul McFeeters
	Title:	Chief Financial Officer
By:
	Name:	Gordon Davies
	Title:	Chief Legal Officer & Corporate Secretary

- 5 -

EX-31.1

Exhibit 31.1

CERTIFICATIONS

I, John Shackleton, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of Open Text Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Securities Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Securities Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

By:	/s/ JOHN SHACKLETON
	John Shackleton President and Chief Executive Officer

Date: October 27, 2011

EX-31.2

Exhibit 31.2

CERTIFICATIONS

I, Paul McFeeters, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of Open Text Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Securities Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Securities Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

By:	/s/ PAUL MCFEETERS
	Paul McFeeters Chief Financial Officer

Date: October 27, 2011

EX-32.1

Exhibit 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350, AS ADOPTED

PURSUANT TO SECTION 906

OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report on Form 10-Q of Open Text Corporation (the “Company”) for the quarter ended September 30, 2011 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, John Shackleton, President and Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ JOHN SHACKLETON

John Shackleton

President and Chief Executive Officer

Date: October 27, 2011

EX-32.2

Exhibit 32.2

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350, AS ADOPTED

PURSUANT TO SECTION 906

OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report on Form 10-Q of Open Text Corporation (the “Company”) for the quarter ended September 30, 2011 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Paul McFeeters, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1) The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ PAUL MCFEETERS

Paul McFeeters

Chief Financial Officer

Date: October 27, 2011

XML

Acquired Intangible Assets (Calculation Of Estimated Future Amortization Expense) (Details) (USD $) In Thousands	12 Months Ended
	Jun. 30, 2011
Acquired Intangible Assets [Abstract]
2012 (nine months ended June 30)	$ 103,810
2013	135,176
2014	76,594
2015	52,808
2016 and beyond	45,893
Total	$ 414,281

XML

Condensed Consolidated Balance Sheets (Parenthetical) (USD $) In Thousands, except Share data	Sep. 30, 2011	Jun. 30, 2011
Condensed Consolidated Balance Sheets [Abstract]
Accounts receivable trade, allowance for doubtful accounts	$ 6,277	$ 5,424
Common shares, issued and outstanding	57,790,868	57,301,812
Treasury stock, shares	572,413	572,413

XML

Condensed Consolidated Statements Of Income (USD $) In Thousands, except Per Share data	3 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Revenues:
License	$ 65,028	$ 42,646
Customer support	161,997	129,757
Service and other	61,021	45,002
Total revenues	288,046	217,405
Cost of revenues:
License	3,998	3,502
Customer support	26,269	19,356
Service and other	50,351	35,113
Amortization of acquired technology-based intangible assets (note 6)	20,790	15,427
Total cost of revenues	101,408	73,398
Gross profit	186,638	144,007
Operating expenses:
Research and development	43,458	30,963
Sales and marketing	64,880	44,180
General and administrative	25,761	19,810
Depreciation	5,258	4,875
Amortization of acquired customer-based intangible assets (note 6)	13,041	8,801
Special charges (note 16)	7,105	3,195
Total operating expenses	159,503	111,824
Income from operations	27,135	32,183
Other income, net	9,274	2,480
Interest expense, net	(4,348)	(4,135)
Income before income taxes	32,061	30,528
Provision for (recovery of) income taxes (note 13)	(2,925)	8,857
Net income for the period	$ 34,986	$ 21,671
Net income per share-basic (note 20)	$ 0.61	$ 0.38
Net income per share-diluted (note 20)	$ 0.60	$ 0.37
Weighted average number of Common Shares outstanding-basic	57,412	56,883
Weighted average number of Common Shares outstanding-diluted	58,599	57,922

XML

Derivative Instruments And Hedging Activities (Fair Value Of Derivative Instruments In The Condensed Consolidated Balance Sheets) (Details) (USD $)	Sep. 30, 2011	Jun. 30, 2011
Derivatives, Fair Value [Line Items]
Notional amount forward contracts held to sell U.S. dollars in exchange for Canadian dollars	$ 99,600,000	$ 16,800,000
Accounts Payable And Accrued Liabilities [Member] | Cash Flow Hedging [Member] | Designated As Hedging Instrument [Member] | Foreign Exchange Forward [Member]
Derivatives, Fair Value [Line Items]
Fair Value Asset (Liability)	$ (5,398,000)

XML

Accounts Payable And Accrued Liabilities (Narrative) (Details) (USD $) In Millions	3 Months Ended	12 Months Ended
	Sep. 30, 2011	Jun. 30, 2011
Accounts Payable And Accrued Liabilities [Abstract]
Acquisition accruals	$ 2.6	$ 3.3
Present value of asset retirement obligation	5.0	6.1
Undiscounted value of asset retirement obligation	$ 5.5	$ 6.5

XML

Acquisitions

3 Months Ended

Sep. 30, 2011

Acquisitions [Abstract]

Acquisitions

NOTE 17—ACQUISITIONS

Fiscal 2012

Operitel Corporation

On September 1, 2011, we acquired Operitel Corporation (Operitel), a software company based out of Peterborough, Ontario, Canada. Operitel specializes in building enterprise " Learning Portal" solutions. Total consideration for Operitel was Canadian $7.1 million, comprised of Canadian $6.2 million paid in cash, inclusive of Canadian $0.4 million which has been paid in escrow, and an additional Canadian $0.9 million currently held back and unpaid in accordance with the purchase agreement. In accordance with ASC Topic 805, this acquisition was accounted for as a business combination.

The fair value of the acquired assets and liabilities is provisional, pending any adjustments related to potential unrecorded liabilities, the final valuation of acquired intangible assets and any tax related impacts on the valuation of these items.

Acquisition related costs for Operitel, (included in Special charges in the Condensed Consolidated Statements of Income) for three months ended September 30, 2011 was $0.09 million.

Global 360 Holding Corp.

On July 13, 2011, we acquired Global 360 Holding Corp. (Global 360), a software company based in Dallas, Texas. Global 360 offers case management and document-centric business process management (BPM) solutions. The acquisition of Global 360 for $258.7 million in cash adds complementary BPM software to our ECM Suite. In accordance with ASC Topic 805, this acquisition was accounted for as a business combination.

The results of operations of Global 360 have been consolidated with those of Open Text beginning July 13, 2011.

The following tables summarize the consideration paid for Global 360 and the amount of the assets acquired and liabilities assumed, as well as the goodwill recorded as of the acquisition date:

Cash consideration paid	$	258,655
Acquisition related costs (included in Special charges in the Condensed Consolidated Statements of Income) for three months ended September 30, 2011	$	724

The recognized amounts of identifiable assets acquired and liabilities assumed, based upon their fair values as of July 13, 2011, are set forth below:

Current assets (inclusive of cash acquired of $10,944)	$	38,249
Non-current assets		6,561
Intangible customer assets		58,100
Intangible technology assets		40,600
Total liabilities assumed		(87,427	)
Total identifiable net assets		56,083
Goodwill		202,572
	$	258,655

As set forth in the purchase agreement, $34.2 million of the total cash consideration paid is currently being held by an escrow agent for indemnification purposes pursuant to the purchase agreement.

No portion of the goodwill recorded upon the acquisition of Global 360 is expected to be deductible for tax purposes.

The fair value of current assets acquired includes accounts receivable with a fair value of $11.9 million. The gross amount receivable was $12.8 million. As of September 30, 2011, $0.9 million of this receivable was expected to be uncollectible.

The fair value of the acquired liabilities and goodwill is provisional, pending any adjustments related to potential unrecorded liabilities and any tax related impacts on the valuation of these items.

The amount of Global 360's revenues and net income included in Open Text's Consolidated Statements of Income for the three months ended September 30, 2011, and the unaudited pro forma revenues and net income of the combined entity had the acquisition been consummated as of July 1, 2010, are set forth below:

	Revenues		Net Loss*
Actual from July 13, 2011 to September 30, 2011	$	18,295	$	(3,877	)

	Three months ended September 30,
	2011		2010
Supplemental Unaudited Pro forma Information
Total revenues	$	290,382	$	240,179
Net income**	$	30,404	$	18,865

* Included within net loss for the period from July 13, 2011 to September 30, 2011 are $4.4 million of amortization charges relating to the allocated values of intangible assets and $3.4 million of restructuring charges included within Special charges (note 16).

** Included in pro forma net income are estimated amortization charges relating to the allocated values of intangible assets for all the periods reported above.

The unaudited pro forma financial information in the table above is presented for informational purposes only and is not indicative of the results of operations that would have been achieved if the acquisition had taken place at the beginning of the period presented or the results that may be realized in the future.

XML

Related Party Transactions (Details) (Stephen Sadler [Member], USD $)	3 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Stephen Sadler [Member]
Related Party Transaction [Line Items]
Consultancy fees earned by director for business acquisition related activities	$ 400,000	$ 28,000
Bonus fees earned by director	$ 300,000

XML

Document And Entity Information	3 Months Ended
	Sep. 30, 2011	Oct. 20, 2011
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2011
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q1
Trading Symbol	otex
Entity Registrant Name	OPEN TEXT CORP
Entity Central Index Key	0001002638
Current Fiscal Year End Date	--06-30
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		57,810,868

XML

Goodwill (Summary Of Changes In Carrying Amount Of Goodwill) (Details) (USD $) In Thousands	3 Months Ended
	Sep. 30, 2011
Goodwill [Line Items]
Beginning balance	$ 832,481
Adjustments on account of foreign exchange	(575)
Ending balance	1,038,571
Operitel Corporation [Member]
Goodwill [Line Items]
Acquisition of goodwill	4,093
Acquisition Of Global 360 [Member]
Goodwill [Line Items]
Acquisition of goodwill	$ 202,572

XML

Net Income Per Share

3 Months Ended

Sep. 30, 2011

Net Income Per Share [Abstract]

Net Income Per Share

NOTE 20—NET INCOME PER SHARE

Basic earnings per share are computed by dividing net income by the weighted average number of Common Shares outstanding during the period. Diluted earnings per share are computed by dividing net income by the shares used in the calculation of basic net income 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 net income per share if their effect is anti-dilutive.

	Three months ended September 30,
	2011		2010
Basic earnings per share
Net income	$	34,986	$	21,671
Basic earnings per share	$	0.61	$	0.38
Diluted earnings per share
Net income	$	34,986	$	21,671
Diluted earnings per share	$	0.60	$	0.37
Weighted average number of shares outstanding
Basic		57,412		56,883
Effect of dilutive securities		1,187		1,039
Diluted		58,599		57,922
Excluded as anti-dilutive*		—		272

* Represents options to purchase Common Shares excluded from the calculation of diluted net income 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.

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Capital Assets (Components Of Capital Assets By Type) (Details) (USD $)	Sep. 30, 2011		Jun. 30, 2011
Property, Plant and Equipment [Line Items]
Cost	$ 140,247,000	[1]	$ 127,395,000	[1]
Accumulated Depreciation	55,657,000		49,570,000	[1]
Net Capital Assets	84,590,000		77,825,000
Furniture And Fixtures [Member]
Property, Plant and Equipment [Line Items]
Cost	9,856,000	[1]	7,421,000	[1]
Accumulated Depreciation	2,888,000		2,667,000	[1]
Net Capital Assets	6,968,000		4,754,000
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Cost	1,094,000	[1]	1,214,000	[1]
Accumulated Depreciation	684,000		657,000	[1]
Net Capital Assets	410,000		557,000
Computer Hardware [Member]
Property, Plant and Equipment [Line Items]
Cost	49,640,000	[1]	43,961,000	[1]
Accumulated Depreciation	33,700,000		30,191,000	[1]
Net Capital Assets	15,940,000		13,770,000
Computer Software [Member]
Property, Plant and Equipment [Line Items]
Cost	10,507,000	[1]	9,668,000	[1]
Accumulated Depreciation	4,999,000		3,858,000	[1]
Net Capital Assets	5,508,000		5,810,000
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Cost	27,122,000	[1]	26,483,000	[1]
Accumulated Depreciation	10,636,000		9,599,000	[1]
Net Capital Assets	16,486,000		16,884,000
Buildings [Member]
Property, Plant and Equipment [Line Items]
Cost	42,028,000	[1],[2]	38,648,000	[1],[2]
Accumulated Depreciation	2,750,000	[2]	2,598,000	[1],[2]
Net Capital Assets	39,278,000	[2]	36,050,000	[2]
New Building [Member]
Property, Plant and Equipment [Line Items]
Accumulated Depreciation	50,000
Amount of assets under construction in progress	$ 24,000,000		$ 20,600,000

[1] Excludes the original cost and accumulated depreciation of fully-depreciated assets, and assets that are no longer in use.

[2] As of September 30, 2011, the construction of our new building in Waterloo, Ontario, Canada was completed and was put into use at the beginning of September, 2011. The total cost of this building was $24.0 million and $0.05 million of related accumulated depreciation was recorded during the quarter. (As of June 30, 2011—$20.6 million for the new building was included in the cost).

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Guarantees And Contingencies (Details) (USD $)	Sep. 30, 2011
Guarantees And Contingencies [Abstract]
Total long-term debt obligations	$ 359,205,000
Long-term debt obligations due within one year	68,343,000
Long-term debt obligations due in second and third years	290,862,000
Total operating lease obligations	155,236,000	[1]
Operating lease obligations due within one year	22,347,000	[1]
Operating lease obligations due in second and third years	49,641,000	[1]
Operating lease obligations due in fourth and fifth years	33,302,000	[1]
Operating lease obligations due after fifth year	49,946,000	[1]
Total purchase obligations	2,068,000
Purchase obligations due within one year	1,270,000
Purchase obligations due in second and third years	783,000
Purchase obligations due in fourth and fifth years	15,000
Total obligations	516,509,000
Total obligations due within one year	91,960,000
Total obligations due in second and third years	341,286,000
Total obligations due in fourth and fifth years	33,317,000
Total obligations due after fifth year	49,946,000
Non-cancelable sublease income	$ 4,300,000

[1] Net of $4.3 million of sublease income to be received from properties which we have subleased to other parties.

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Acquired Intangible Assets

3 Months Ended

Sep. 30, 2011

Acquired Intangible Assets [Abstract]

Acquired Intangible Assets

NOTE 6—ACQUIRED INTANGIBLE ASSETS

	Technology Assets			Customer Assets			Total
Net book value, June 30, 2011	$	203,630		$	141,365		$	344,995
Acquisition of Operitel (note 17)		2,761			1,840			4,601
Acquisition of Global 360 (note 17)		40,600			58,100			98,700
Amortization expense		(20,790	)		(13,041	)		(33,831	)
Foreign exchange and other impacts		(93	)		(91	)		(184	)
Net book value, September 30, 2011	$	226,108		$	188,173		$	414,281

The weighted average amortization period for acquired technology and customer intangible assets is approximately 5 years and 7 years, respectively.

The following table shows the estimated future amortization expense for the fiscal years indicated below. This calculation assumes no future adjustments to acquired intangible assets:

	Fiscal years ending June 30,
2012 (nine months ended June 30)	$	103,810
2013		135,176
2014		76,594
2015		52,808
2016 and beyond		45,893
Total	$	414,281

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Related Party Transactions

3 Months Ended

Sep. 30, 2011

Related Party Transactions [Abstract]

Related Party Transactions

NOTE 21—RELATED PARTY TRANSACTIONS

Our procedure regarding the approval of any related party transaction is that the material facts of such transaction shall be reviewed by the independent members of our board of directors (The Board) and the transaction approved by a majority of the independent members of our Board. The Board reviews all transactions wherein we are, or will be a participant and any related party has or will have a direct or indirect interest. In determining whether to approve a related party transaction, the Board 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 three months ended September 30, 2011, Mr. Stephen Sadler, a director, earned approximately $0.4 million (three months ended September 30, 2010—$28,000), inclusive of bonus fees aggregating $0.3 million, in consulting fees from Open Text for assistance with acquisition-related business activities. Mr. Sadler abstained from voting on all transactions from which he would potentially derive consulting fees.

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Supplemental Cash Flow Disclosures (Tables)

3 Months Ended

Sep. 30, 2011

Supplemental Cash Flow Disclosures [Abstract]

Supplemental Disclosure Of Cash Flow Information

	Three months ended September 30,
	2011		2010
Supplemental disclosure of cash flow information:
Cash paid during the period for interest	$	2,582	$	2,109
Cash received during the period for interest	$	152	$	240
Cash paid during the period for income taxes	$	766	$	447

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Fair Value Measurements (Tables)

3 Months Ended

Sep. 30, 2011

Fair Value Measurements [Abstract]

Financial Assets And Liabilities Measured At Fair Value On A Recurring Basis

	September 30, 2011			Fair Market Measurements using:
				Quoted prices in active markets for identical assets/ (liabilities)	Significant other observable inputs			Significant unobservable inputs
				(Level 1)	(Level 2)			(Level 3)
Financial Assets:
Derivative financial instrument asset (liabilities) (note 15)	$	(5,398	)	$ n/a	$	(5,398	)	$n/a
	$	(5,398	)	$ n/a	$	(5,398	)	$n/a

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Supplemental Cash Flow Disclosures

3 Months Ended

Sep. 30, 2011

Supplemental Cash Flow Disclosures [Abstract]

Supplemental Cash Flow Disclosures

NOTE 19—SUPPLEMENTAL CASH FLOW DISCLOSURES

	Three months ended September 30,
	2011		2010
Supplemental disclosure of cash flow information:
Cash paid during the period for interest	$	2,582	$	2,109
Cash received during the period for interest	$	152	$	240
Cash paid during the period for income taxes	$	766	$	447

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Pension Plans And Other Post Retirement Benefits

3 Months Ended

Sep. 30, 2011

Pension Plans And Other Post Retirement Benefits [Abstract]

Pension Plans And Other Post Retirement Benefits

NOTE 11—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) and IXOS AG (IXOS) as of September 30, 2011 and June 30, 2011:

	Total benefit obligation		Current portion of benefit obligation*		Noncurrent portion of benefit obligation
CDT defined benefit plan	$	18,045	$	484	$	17,561
CDT Anniversary plan		492		78		414
CDT early retirement plan		182		—		182
IXOS defined benefit plan		14		—		14
Total as of September 30, 2011	$	18,733	$	562	$	18,171

	Total benefit obligation		Current portion of benefit obligation*		Noncurrent portion of benefit obligation
CDT defined benefit plan	$	18,231	$	489	$	17,742
CDT Anniversary plan		550		57		493
CDT early retirement plan		234		—		234
IXOS defined benefit plan		9		—		9
Total as of June 30, 2011	$	19,024	$	546	$	18,478

* The current portion of the benefit obligation has been included within Accounts payable and accrued liabilities within the Condensed Consolidated Balance Sheets.

CDT Defined Benefit Plan

CDT sponsors an unfunded defined benefit pension plan covering substantially all CDT employees (CDT pension plan) which provides for old age, disability and survivors' benefits. Benefits under the CDT pension 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.

The following are the components of net periodic benefit costs for the CDT pension plan and the details of the change in the benefit obligation for the periods indicated:

	As of September 30, 2011			As of June 30, 2011
Benefit obligation—beginning of period	$	18,231		$	15,507
Service cost		85			350
Interest cost		227			868
Benefits paid		(108	)		(423	)
Actuarial (gain) loss		550			(688	)
Foreign exchange (gain) loss		(940	)		2,617
Benefit obligation—end of period		18,045			18,231
Less: current portion		(484	)		(489	)
Noncurrent portion of benefit obligation	$	17,561		$	17,742

The following are the details of net pension expense for the CDT pension plan for the periods indicated:

	Three months ended September 30,
	2011		2010
Pension expense:
Service cost	$	85	$	86
Interest cost		227		214
Net pension expense	$	312	$	300

The CDT pension plan is an unfunded plan and therefore no contributions have been made since the inception of the plan.

In determining the fair value of the CDT pension plan benefit obligations as of September 30, 2011 and June 30, 2011, respectively, we used the following weighted-average key assumptions:

	As of September  30, 2011			As of June  30, 2011
Assumptions:
Salary increases		2.25	%		2.25	%
Pension increases		1.75	%		1.50	%
Discount rate		5.20	%		5.25	%
Employee fluctuation rate:
to age 30		1.00	%		1.00	%
to age 35		0.50	%		0.50	%
to age 40		0.00	%		0.00	%
to age 45		0.50	%		0.50	%
to age 50		0.50	%		0.50	%
from age 51		1.00	%		1.00	%

Anticipated pension payments under the CDT pension plan for the fiscal years indicated below are as follows:

2012 (nine months ended June 30)	$	467
2013		535
2014		592
2015		650
2016		733
2017 to 2021		4,832
Total	$	7,809

CDT Long-term Employee Benefit Obligations.

CDT's long-term employee benefit obligations arise under CDT's "Anniversary plan" and an early retirement plan. The obligation is unfunded and carried at a fair value of $0.5 million for the Anniversary plan and $0.2 million for the early retirement plan as of September 30, 2011 ($0.6 million and $0.2 million, respectively, as of June 30, 2011).

The Anniversary plan is a defined benefit plan for long-tenured CDT employees. The plan provides for a lump-sum payment to employees of two months of salary upon reaching the anniversary of twenty-five years of service and three months of salary upon reaching the anniversary of forty years of service. The early retirement plan is designed to create an incentive for employees, within a certain age group, to transition from (full or part-time) employment into retirement before their legal retirement age. This plan allows employees, upon reaching a certain age, to elect to work full-time for a period of time and be paid 50% of their full-time salary. After working within this arrangement for a designated period of time, the employee is eligible to take early retirement and receive payments from the earned but unpaid salaries until they are eligible to receive payments under the postretirement benefit plan discussed above. Benefits under the early retirement plan are generally based on the employee's compensation and the number of years of service.

IXOS AG Defined Benefit Plans

Included in our pension liability, as of September 30, 2011 is a net amount of $14,000 (June 30, 2011—$9,000) that relates to two IXOS defined benefit pensions plans (IXOS pension plans) in connection with certain former members of the IXOS Board of Directors and certain IXOS employees, respectively. The net periodic pension cost with respect to the IXOS pension plans is determined using the projected unit credit method and several actuarial assumptions, the most significant of which are the discount rate and the expected return on plan assets.

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New Accounting Pronouncements And Accounting Policy Updates

3 Months Ended

Sep. 30, 2011

New Accounting Pronouncements And Accounting Policy Updates [Abstract]

New Accounting Pronouncements And Accounting Policy Updates

NOTE 2—NEW ACCOUNTING PRONOUNCEMENTS AND ACCOUNTING POLICY UPDATES

Recent Accounting Pronouncements

Comprehensive Income

In June 2011, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2011-05, "Comprehensive Income" (Topic 220)—Presentation of Comprehensive Income (ASU 2011-05), to require an entity to present the total of comprehensive income, the components of net income, and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements. ASU 2011-05 eliminates the option to present the components of other comprehensive income as part of the statement of equity. ASU 2011-05 is effective for us in our first quarter of the fiscal year ending June 30, 2013 (Fiscal 2013) and will be applied retrospectively. We are currently evaluating the impact of our pending adoption of ASU 2011-05 on our consolidated financial statements.

Fair Value Measurement and Disclosures

In May 2011, the FASB issued Accounting Standards Update No. 2011-04, "Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and International Financial Reporting Standards" (Topic 820)—Fair Value Measurement (ASU 2011-04), to provide a consistent definition of fair value and ensure that the fair value measurement and disclosure requirements are similar between U.S. GAAP and International Financial Reporting Standards. ASU 2011-04 changes certain fair value measurement principles and enhances the disclosure requirements particularly for level 3 fair value measurements (as defined in note 14 below). ASU 2011-04 is effective for us in our third quarter of the fiscal year ending June 30, 2012 (Fiscal 2012) and we do not believe these provisions will have a material impact on our consolidated financial statements.

Testing Goodwill for Impairment

In September 2011, the FASB issued Accounting Standards Update No. 2011-08, Intangibles—Goodwill and Other (Topic 350)—Testing Goodwill for Impairment (ASU 2011-08), to allow entities to use a qualitative approach to test goodwill for impairment. ASU 2011-08 permits an entity to first perform a qualitative assessment to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying value. If it is concluded that this is the case, it is necessary to perform the currently prescribed two-step goodwill impairment test. Otherwise, the two-step goodwill impairment test is not required. ASU 2011-08 is effective for us in Fiscal 2013 and earlier adoption is permitted. We are currently evaluating the impact of our pending adoption of ASU 2011-08 on our consolidated financial statements. We do not expect the adoption of ASU 2011-08 to materially impact the carrying value of our recorded goodwill.

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Long-Term Debt (Tables)

3 Months Ended

Sep. 30, 2011

Long-Term Debt [Abstract]

Schedule Of Long-term Debt

	As of September 30, 2011		As of June 30, 2011
Long-term debt
Term loan	$	284,278	$	285,026
Revolver		48,500		—
Mortgage		11,895		12,552
		344,673		297,578
Less:
Current portion of long-term debt
Term loan		2,993		2,993
Revolver		48,500		—
Mortgage		11,895		12,552
		63,388		15,545
Long-term portion of long-term debt	$	281,285	$	282,033

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Deferred Charges And Credits

3 Months Ended

Sep. 30, 2011

Deferred Charges And Credits [Abstract]

Deferred Charges And Credits

NOTE 8—DEFERRED CHARGES AND CREDITS

Deferred charges and credits relate to cash taxes payable and the elimination of deferred tax balances on account of legal entity consolidations completed as part of an internal reorganization of our international subsidiaries. Deferred charges and credits are amortized to income tax expense over a period of 6 years.

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Income Taxes

3 Months Ended

Sep. 30, 2011

Income Taxes [Abstract]

Income Taxes

NOTE 13—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.

Upon adoption of FIN 48 we elected to follow an accounting policy to classify interest related to liabilities for income tax expense under the "Interest income (expense), net" line and penalties related to liabilities for income tax expense under the "Other income (expense)" line of our Condensed Consolidated Statements of Income. For the three months ended September 30, 2011, we recognized interest in the amount of $1.5 million (three months ended September 30, 2010—$1.8 million) and penalties of nil (three months ended September 30, 2010—penalties of nil). The amount of interest and penalties accrued as of September 30, 2011 was $11.8 million ($10.3 million as of June 30, 2011) and $15.6 million ($15.8 million as of June 30, 2011), respectively. Included in these balances as of September 30, 2011, are accrued interest and penalties of $0.1 million and nil, respectively, relating to the acquisition of Global 360 (see note 17).

We believe that it is reasonably possible that the gross unrecognized tax benefits as of September 30, 2011 could increase tax expense in the next 12 months by $0.1 million, relating primarily to tax years becoming statute barred for purposes of future tax examinations by local taxing jurisdictions and the expiration of competent authority relief.

Our four most significant tax jurisdictions are Canada, the United States, Luxembourg and Germany. Our tax filings remain subject to examination by applicable tax authorities for a certain length of time following the tax year to which those filings relate. Tax years that remain open to examinations by local taxing authorities vary by jurisdiction up to ten years.

We are subject to tax examinations in all major taxing jurisdictions in which we operate and currently have examinations open in Canada, the United States, France and Spain. 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.

We believe that we have adequately provided for any reasonably foreseeable outcomes related to our tax examinations and that any settlement will not have a material adverse effect on our consolidated financial position or results of operations. However, we cannot predict with any level of certainty the exact nature of any future possible settlements.

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Special Charges (Narrative) (Details) (USD $)	3 Months Ended
	Sep. 30, 2011	Jun. 30, 2011
Restructuring Cost and Reserve [Line Items]
Reduction in asset retirement obligation	$ 800,000
Charge relating to revised sublease assumption	500,000
Fiscal 2011 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Expected restructuring charges	10,000,000
Special charges recorded to date	9,500,000
Liability of restructuring plan	3,261,000	4,938,000
Fiscal 2011 Restructuring Plan [Member] | Employee Termination Costs [Member]
Restructuring Cost and Reserve [Line Items]
Liability of restructuring plan	2,093,000	3,570,000
Fiscal 2011 Restructuring Plan [Member] | Excess Facilities [Member]
Restructuring Cost and Reserve [Line Items]
Liability of restructuring plan	1,168,000	1,368,000
Fiscal 2010 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Expected restructuring charges	40,000,000
Special charges recorded to date	41,600,000
Liability of restructuring plan	678,000	1,829,000
Fiscal 2010 Restructuring Plan [Member] | Employee Termination Costs [Member]
Restructuring Cost and Reserve [Line Items]
Liability of restructuring plan	495,000	1,439,000
Fiscal 2010 Restructuring Plan [Member] | Excess Facilities [Member]
Restructuring Cost and Reserve [Line Items]
Liability of restructuring plan	183,000	390,000
Fiscal 2009 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Special charges recorded to date	17,100,000
Liability of restructuring plan	155,000	262,000
Fiscal 2009 Restructuring Plan [Member] | Employee Termination Costs [Member]
Restructuring Cost and Reserve [Line Items]
Special charges recorded to date	12,400,000
Liability of restructuring plan		42,000
Fiscal 2009 Restructuring Plan [Member] | Excess Facilities [Member]
Restructuring Cost and Reserve [Line Items]
Special charges recorded to date	4,700,000
Liability of restructuring plan	155,000	220,000
Fiscal 2006 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Liability of restructuring plan	$ 100,000	$ 100,000

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Accounts Payable And Accrued Liabilities

3 Months Ended

Sep. 30, 2011

Accounts Payable And Accrued Liabilities [Abstract]

Accounts Payable And Accrued Liabilities

NOTE 9—ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

Current liabilities

Accounts payable and accrued liabilities are comprised of the following:

	As of September 30, 2011		As of June 30, 2011
Accounts payable—trade	$	12,016	$	10,772
Accrued salaries and commissions		43,830		45,630
Accrued liabilities		72,215		60,060
Amounts payable in respect of restructuring and other special charges (note 16)		7,656		6,504
Accruals relating to acquisitions		1,018		1,042
Asset retirement obligations		1,270		2,241
	$	138,005	$	126,249

Long-term accrued liabilities

	As of September 30, 2011		As of June 30, 2011
Amounts payable in respect of restructuring and other special charges (note 16)	$	526	$	652
Accruals relating to acquisitions		1,577		2,301
Other accrued liabilities		8,031		6,950
Asset retirement obligations		3,700		3,824
	$	13,834	$	13,727

Accruals relating to acquisitions

In relation to our acquisitions made before July 1, 2009, the date on which we adopted Accounting Standards Codification (ASC) Topic 805 "Business Combinations" (ASC Topic 805), we have accrued for costs relating to abandonment of excess legacy facilities. Such accruals were capitalized as part of the cost of the subject acquisition and have been recorded at present value less our best estimate for future sub-lease income and costs incurred to achieve sub-tenancy. The accrual for excess facilities will be discharged over the term of the respective leases. Any excess of the difference between the present value and actual cash paid for an abandoned facility will be charged to income and any deficits will be reversed to goodwill. The provisions for abandoned facilities are expected to be paid by February 2015. As of September 30, 2011, the remaining balance of our acquisition accruals is $2.6 million (June 30, 2011—$3.3 million).

Asset retirement obligations

We are required to return certain of our leased facilities to their original state at the conclusion of our lease. We have accounted for such obligations in accordance with ASC Topic 410 "Asset Retirement and Environmental Obligations" (ASC Topic 410). As of September 30, 2011, the present value of this obligation was $5.0 million (June 30, 2011—$6.1 million), with an undiscounted value of $5.5 million (June 30, 2011—$6.5 million).

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Acquired Intangible Assets (Tables)

3 Months Ended

Sep. 30, 2011

Acquired Intangible Assets [Abstract]

Calculation Of Acquired Intangibles By Asset Class

	Technology Assets			Customer Assets			Total
Net book value, June 30, 2011	$	203,630		$	141,365		$	344,995
Acquisition of Operitel (note 17)		2,761			1,840			4,601
Acquisition of Global 360 (note 17)		40,600			58,100			98,700
Amortization expense		(20,790	)		(13,041	)		(33,831	)
Foreign exchange and other impacts		(93	)		(91	)		(184	)
Net book value, September 30, 2011	$	226,108		$	188,173		$	414,281

Calculation Of Estimated Future Amortization Expense

	Fiscal years ending June 30,
2012 (nine months ended June 30)	$	103,810
2013		135,176
2014		76,594
2015		52,808
2016 and beyond		45,893
Total	$	414,281

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Other Assets

3 Months Ended

Sep. 30, 2011

Other Assets [Abstract]

Other Assets

NOTE 7—OTHER ASSETS

	As of September 30, 2011		As of June 30, 2011
Debt issuance costs	$	2,702	$	3,032
Deposits and restricted cash		10,666		10,379
Long-term prepaid expenses and other long-term assets		6,040		5,948
	$	19,408	$	19,359

Debt issuance costs relate primarily to costs incurred for the purpose of obtaining our term loan and are being amortized over the term of the loan (see note 10). Deposits and restricted cash relate to security deposits provided to landlords in accordance with facility lease agreements and cash restricted per the terms of contractual-based agreements. Long-term prepaid expenses and other long-term assets primarily relate to certain advance payments on long-term licenses that are being amortized over the applicable terms of the licenses.

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Deferred Charges And Credits (Details)	3 Months Ended
	Sep. 30, 2011 years
Deferred Charges And Credits [Abstract]
Deferred charges and credits amortization, period in years	6

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Condensed Consolidated Statements Of Cash Flows (USD $) In Thousands	3 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Cash flows from operating activities:
Net income for the period	$ 34,986	$ 21,671
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of intangible assets	39,089	29,103
Share-based compensation expense	4,844	2,600
Excess tax benefits on share-based compensation expense	(332)	(432)
Pension expense	137	123
Amortization of debt issuance costs	330	333
Loss on sale and write down of capital assets	169
Deferred taxes	(14,849)	(181)
Impairment and other non cash charges	(1,355)
Changes in operating assets and liabilities:
Accounts receivable	21,654	27,878
Prepaid expenses and other current assets	5,842	(2,528)
Income taxes	17,696	32,862
Deferred charges and credits	(9,046)	(27,725)
Accounts payable and accrued liabilities	(21,407)	(25,991)
Deferred revenue	(32,998)	(7,234)
Other assets	588	(1,545)
Net cash provided by operating activities	45,348	48,934
Cash flows from investing activities:
Additions of capital assets-net	(7,902)	(6,943)
Purchase consideration for prior period acquisitions	(274)	(1,406)
Investments in marketable securities		(668)
Net cash used in investing activities	(262,147)	(9,017)
Cash flow from financing activities:
Excess tax benefits on share-based compensation expense	332	432
Proceeds from issuance of Common Shares	7,837	3,246
Proceeds from long-term debt	48,500
Repayment of long-term debt	(916)	(878)
Net cash provided by financing activities	55,753	2,800
Foreign exchange gain (loss) on cash held in foreign currencies	(3,800)	15,783
Increase (decrease) in cash and cash equivalents during the period	(164,846)	58,500
Cash and cash equivalents at beginning of the period	284,140	326,192
Cash and cash equivalents at end of the period	119,294	384,692
Operitel Corporation [Member]
Cash flows from investing activities:
Purchase of business, net of cash acquired	(6,260)
Global 360 Holding Corporation [Member]
Cash flows from investing activities:
Purchase of business, net of cash acquired	$ (247,711)

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Allowance For Doubtful Accounts

3 Months Ended

Sep. 30, 2011

Allowance For Doubtful Accounts [Abstract]

Allowance For Doubtful Accounts

NOTE 3—ALLOWANCE FOR DOUBTFUL ACCOUNTS

Balance of allowance for doubtful accounts as of June 30, 2011		5,424
Bad debt expense for the period		1,065
Write-off /adjustments		(212	)
Balance of allowance for doubtful accounts as of September 30, 2011	$	6,277

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Special Charges (Tables)

3 Months Ended

Sep. 30, 2011

Restructuring Cost and Reserve [Line Items]

Schedule Of Special Charges Related To Restructuring Plan

	Three months ended September 30,
	2011			2010
Fiscal 2012 Restructuring Plan	$	6,684		$	—
Fiscal 2011 Restructuring Plan		979			—
Fiscal 2010 Restructuring Plan		(18	)		3,195
Acquisition-related costs		815			—
Impairment charges (recoveries) and other impacts		(1,355	)		—
Total special charges (recoveries)	$	7,105		$	3,195

Fiscal 2012 Restructuring Plan [Member]

Restructuring Cost and Reserve [Line Items]

Schedule Of Restructuring Reserve

Fiscal 2012 Restructuring Plan	Workforce reduction
Balance as of June 30, 2011	$	—
Accruals and adjustments		6,684
Cash payments		(2,558	)
Foreign exchange		(151	)
Balance as of September 30, 2011	$	3,975

Fiscal 2011 Restructuring Plan [Member]

Restructuring Cost and Reserve [Line Items]

Schedule Of Restructuring Reserve

Fiscal 2011 Restructuring Plan	Workforce reduction			Facility costs			Total
Balance as of June 30, 2011	$	3,570		$	1,368		$	4,938
Accruals and adjustments		963			16			979
Cash payments		(2,329	)		(215	)		(2,544	)
Foreign exchange		(111	)		(1	)		(112	)
Balance as of September 30, 2011	$	2,093		$	1,168		$	3,261

Fiscal 2010 Restructuring Plan [Member]

Restructuring Cost and Reserve [Line Items]

Schedule Of Restructuring Reserve

Fiscal 2010 Restructuring Plan	Workforce reduction			Facility costs			Total
Balance as of June 30, 2011	$	1,439		$	390		$	1,829
Accruals and adjustments		(18	)		—			(18	)
Cash payments		(303	)		(201	)		(504	)
Foreign exchange		(623	)		(6	)		(629	)
Balance as of September 30, 2011	$	495		$	183		$	678

Fiscal 2009 Restructuring Plan [Member]

Restructuring Cost and Reserve [Line Items]

Schedule Of Restructuring Reserve

Fiscal 2009 Restructuring Plan	Workforce reduction			Facility costs			Total
Balance as of June 30, 2011	$	42		$	220		$	262
Accruals and adjustments		—			—			—
Cash payments		—			(67	)		(67	)
Foreign exchange		(42	)		2			(40	)
Balance as of September 30, 2011	$	—		$	155		$	155

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Goodwill (Tables)

3 Months Ended

Sep. 30, 2011

Goodwill [Abstract]

Summary Of Changes In Carrying Amount Of Goodwill

Balance, June 30, 2011	$	832,481
Acquisition of Operitel (note 17)		4,093
Acquisition of Global 360 (note 17)		202,572
Adjustments on account of foreign exchange		(575	)
Balance, September 30, 2011	$	1,038,571

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Long-Term Debt (Mortgage Loan) (Details)					3 Months Ended
	Jun. 30, 2012	Sep. 30, 2011 USD ($)	Jun. 30, 2011 USD ($)	Sep. 30, 2011 Canadian Prime [Member] Mortgage [Member]	Sep. 30, 2011 Mortgage [Member] USD ($)	Sep. 30, 2011 Mortgage [Member] CAD	Sep. 30, 2010 Mortgage [Member] USD ($)	Jun. 30, 2011 Mortgage [Member] USD ($)	Dec. 31, 2005 Mortgage [Member] CAD
Debt Instrument [Line Items]
Mortgage loan principal amount									15,000,000
Original mortgage maturity term (in years)					5	5
Additional maturity term after extension (in months)	12
Debt maturity date					Jan. 01, 2011	Jan. 01, 2011
Debt maturity date after extension					January 1, 2012	January 1, 2012
Interest addition to floating rate				0.50%
Mortgage loan fixed interest rate					5.25%	5.25%
Debt, periodic payments						100,000
Mortgage loan principal payment						11,900,000
Carrying value of mortgage		11,895,000	12,552,000
Collateral building net					15,300,000			15,400,000
Interest expense					$ 100,000		$ 200,000

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Pension Plans And Other Post Retirement Benefits (Schedule Of CDT Defined Benefit Plan And CDT Long-Term Employee Benefit Obligation) (Details) (USD $) In Thousands	Sep. 30, 2011		Jun. 30, 2011
Defined Benefit Plan Disclosure [Line Items]
Noncurrent portion of benefit obligation	$ 18,171		$ 18,478
CDT Defined Benefit Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Total benefit obligation	18,045		18,231
Current portion of benefit obligation	484	[1]	489	[1]
Noncurrent portion of benefit obligation	17,561		17,742
CDT Anniversary Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Total benefit obligation	492		550
Current portion of benefit obligation	78	[1]	57	[1]
Noncurrent portion of benefit obligation	414		493
CDT Early Retirement Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Total benefit obligation	182		234
Noncurrent portion of benefit obligation	182		234
IXOS Defined Benefit Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Total benefit obligation	14		9
Noncurrent portion of benefit obligation	14		9
CDT Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Total benefit obligation	18,733		19,024
Current portion of benefit obligation	562	[1]	546	[1]
Noncurrent portion of benefit obligation	$ 18,171		$ 18,478

[1] The current portion of the benefit obligation has been included within Accounts payable and accrued liabilities within the Condensed Consolidated Balance Sheets.

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Other Assets (Details) (USD $) In Thousands	Sep. 30, 2011	Jun. 30, 2011
Other Assets [Abstract]
Debt issuance costs	$ 2,702	$ 3,032
Deposits and restricted cash	10,666	10,379
Long-term prepaid expenses and other long-term assets	6,040	5,948
Total other assets	$ 19,408	$ 19,359

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Pension Plans And Other Post Retirement Benefits (Anticipated Pension Payments Under CDT Pension Plan) (Details) (CDT Pension Plan [Member], USD $) In Thousands	Sep. 30, 2011
CDT Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
2012 (nine months ended June 30)	$ 467
2013	535
2014	592
2015	650
2016	733
2017 to 2021	4,832
Total	$ 7,809

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Capital Assets

3 Months Ended

Sep. 30, 2011

Capital Assets [Abstract]

Capital Assets

NOTE 4—CAPITAL ASSETS

	As of September 30, 2011
	Cost**		Accumulated Depreciation**		Net
Furniture and fixtures	$	9,856	$	2,888	$	6,968
Office equipment		1,094		684		410
Computer hardware		49,640		33,700		15,940
Computer software		10,507		4,999		5,508
Leasehold improvements		27,122		10,636		16,486
Buildings*		42,028		2,750		39,278
	$	140,247	$	55,657	$	84,590

	As of June 30, 2011
	Cost**		Accumulated Depreciation**		Net
Furniture and fixtures	$	7,421	$	2,667	$	4,754
Office equipment		1,214		657		557
Computer hardware		43,961		30,191		13,770
Computer software		9,668		3,858		5,810
Leasehold improvements		26,483		9,599		16,884
Buildings*		38,648		2,598		36,050
	$	127,395	$	49,570	$	77,825

* As of September 30, 2011, the construction of our new building in Waterloo, Ontario, Canada was completed and was put into use at the beginning of September, 2011. The total cost of this building was $24.0 million and $0.05 million of related accumulated depreciation was recorded during the quarter. (As of June 30, 2011—$20.6 million for the new building was included in the cost).

** Excludes the original cost and accumulated depreciation of fully-depreciated assets, and assets that are no longer in use.

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Acquisitions (Details)	3 Months Ended		0 Months Ended	3 Months Ended
	Sep. 30, 2011 USD ($)	Sep. 30, 2010 USD ($)	Jul. 13, 2011 Global 360 Holding Corporation [Member] USD ($)	Sep. 30, 2011 Global 360 Holding Corporation [Member] USD ($)		Sep. 30, 2010 Global 360 Holding Corporation [Member] USD ($)		Sep. 30, 2011 Global 360 Holding Corporation [Member] USD ($)		Jul. 13, 2011 Global 360 Holding Corporation [Member] Technology Assets [Member] USD ($)	Jul. 13, 2011 Global 360 Holding Corporation [Member] Customer Assets [Member] USD ($)	Sep. 30, 2011 Operitel Corporation [Member] USD ($)	Sep. 01, 2011 Operitel Corporation [Member] CAD
Business Acquisition [Line Items]
Cash consideration paid			$ 258,655,000										6,200,000
Cash Acquired from Acquisition			10,944,000
Acquisition related costs (included in Special charges in the Consolidated Statements of Income) for three months ended September 30, 2011				724,000				724,000				90,000
Current assets			38,249,000
Non-current assets			6,561,000
Intangible assets										40,600,000	58,100,000
Total liabilities assumed			(87,427,000)
Total identifiable net assets			56,083,000
Goodwill			202,572,000
Amount held in escrow			34,200,000										400,000
Goodwill expected to be deductible for tax purpose			0
Fair value of accounts receivable acquired			11,900,000
Acquired accounts receivable, gross			12,800,000
Acquired accounts receivable, expected uncollectible				900,000				900,000
Total revenues	288,046,000	217,405,000		290,382,000		240,179,000		18,295,000
Net income (loss)	34,986,000	21,671,000		30,404,000	[1]	18,865,000	[1]	(3,877,000)	[2]
Amortization charges				4,400,000
Total special charges (recoveries)	7,105,000	3,195,000		3,400,000
Unpaid consideration, held back													900,000
Total consideration paid			$ 258,655,000										7,100,000

[1] Included in pro forma net income are estimated amortization charges relating to the allocated values of intangible assets for all the periods reported above.

[2] Included within net loss for the period from July 13, 2011 to September 30, 2011 are $4.4 million of amortization charges relating to the allocated values of intangible assets and $3.4 million of restructuring charges included within Special charges (note 16).

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Guarantees And Contingencies (Tables)

3 Months Ended

Sep. 30, 2011

Guarantees And Contingencies [Abstract]

Contractual Obligation

	Payments due between
	Total		October 1, 2011— June 30, 2012		July 1, 2012— June 30, 2014		July 1, 2014— June 30, 2016		July 1, 2016 and beyond
Long-term debt obligations	$	359,205	$	68,343	$	290,862	$	—	$	—
Operating lease obligations*		155,236		22,347		49,641		33,302		49,946
Purchase obligations		2,068		1,270		783		15		—
	$	516,509	$	91,960	$	341,286	$	33,317	$	49,946

* Net of $4.3 million of sublease income to be received from properties which we have subleased to other parties.

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Basis Of Presentation (Tables)

3 Months Ended

Sep. 30, 2011

Basis Of Presentation [Abstract]

Components Of Comprehensive Income

	Three months ended September 30,
	2011			2010
Net income for the period	$	34,986		$	21,671
Other comprehensive income—net of tax, where applicable:
Foreign currency translation adjustments		(10,618	)		5,977
Unrealized gain on marketable securities		—			44
Unrealized gain (loss) on cash flow hedges		(5,202	)		1,570
Actuarial gain (loss) relating to defined benefit pension plans		(548	)		—
Comprehensive income for the period	$	18,618		$	29,262

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Share Capital, Option Plans And Share-Based Payments (Summary Of Share-Based Compensation Costs) (Details) (USD $) In Thousands	3 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 4,844	$ 2,600
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	798	997
Restricted Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	11	48
Deferred Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	65	52
Performance Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 3,970	$ 1,503

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Supplemental Cash Flow Disclosures (Details) (USD $) In Thousands	3 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Supplemental Cash Flow Disclosures [Abstract]
Cash paid during the period for interest	$ 2,582	$ 2,109
Cash received during the period for interest	152	240
Cash paid during the period for income taxes	$ 766	$ 447

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Pension Plans And Other Post Retirement Benefits (Components Of Net Pension Expense For CDT Pension Plan) (Details) (USD $) In Thousands	3 Months Ended		12 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Jun. 30, 2011
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 85		$ 350
Interest cost	227		868
Net pension expense	137	123
CDT Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	85	86
Interest cost	227	214
Net pension expense	$ 312	$ 300

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Other Assets (Tables)

3 Months Ended

Sep. 30, 2011

Other Assets [Abstract]

Components Of Other Assets

	As of September 30, 2011		As of June 30, 2011
Debt issuance costs	$	2,702	$	3,032
Deposits and restricted cash		10,666		10,379
Long-term prepaid expenses and other long-term assets		6,040		5,948
	$	19,408	$	19,359

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Acquisitions (Tables) (Global 360 Holding Corporation [Member])

3 Months Ended

Sep. 30, 2011

Global 360 Holding Corporation [Member]

Summary Of Consideration Paid

Cash consideration paid	$	258,655
Acquisition related costs (included in Special charges in the Condensed Consolidated Statements of Income) for three months ended September 30, 2011	$	724

Summary Of Purchase Price Allocation

Current assets (inclusive of cash acquired of $10,944)	$	38,249
Non-current assets		6,561
Intangible customer assets		58,100
Intangible technology assets		40,600
Total liabilities assumed		(87,427	)
Total identifiable net assets		56,083
Goodwill		202,572
	$	258,655

Summary Of Actuals And Unaudited Pro Forma Revenue And Net Income (Loss)

	Revenues		Net Loss*
Actual from July 13, 2011 to September 30, 2011	$	18,295	$	(3,877	)

	Three months ended September 30,
	2011		2010
Supplemental Unaudited Pro forma Information
Total revenues	$	290,382	$	240,179
Net income**	$	30,404	$	18,865

* Included within net loss for the period from July 13, 2011 to September 30, 2011 are $4.4 million of amortization charges relating to the allocated values of intangible assets and $3.4 million of restructuring charges included within Special charges (note 16).

** Included in pro forma net income are estimated amortization charges relating to the allocated values of intangible assets for all the periods reported above.

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Capital Assets (Tables)

3 Months Ended

Sep. 30, 2011

Capital Assets [Abstract]

Components Of Capital Assets By Type

	As of September 30, 2011
	Cost**		Accumulated Depreciation**		Net
Furniture and fixtures	$	9,856	$	2,888	$	6,968
Office equipment		1,094		684		410
Computer hardware		49,640		33,700		15,940
Computer software		10,507		4,999		5,508
Leasehold improvements		27,122		10,636		16,486
Buildings*		42,028		2,750		39,278
	$	140,247	$	55,657	$	84,590

	As of June 30, 2011
	Cost**		Accumulated Depreciation**		Net
Furniture and fixtures	$	7,421	$	2,667	$	4,754
Office equipment		1,214		657		557
Computer hardware		43,961		30,191		13,770
Computer software		9,668		3,858		5,810
Leasehold improvements		26,483		9,599		16,884
Buildings*		38,648		2,598		36,050
	$	127,395	$	49,570	$	77,825

* As of September 30, 2011, the construction of our new building in Waterloo, Ontario, Canada was completed and was put into use at the beginning of September, 2011. The total cost of this building was $24.0 million and $0.05 million of related accumulated depreciation was recorded during the quarter. (As of June 30, 2011—$20.6 million for the new building was included in the cost).

** Excludes the original cost and accumulated depreciation of fully-depreciated assets, and assets that are no longer in use.

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Share Capital, Option Plans And Share-Based Payments

3 Months Ended

Sep. 30, 2011

Share Capital, Option Plans And Share-Based Payments [Abstract]

Share Capital, Option Plans And Share-Based Payments

NOTE 12—SHARE CAPITAL, OPTION PLANS AND SHARE-BASED PAYMENTS

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

We did not purchase any of our Common Shares during the three months ended September 30, 2011 and 2010, respectively.

As of September 30, 2011, we have not reissued any Common Shares from treasury (June 30, 2011—nil).

Share-Based Payments

Total share-based compensation cost for the periods indicated below is detailed as follows:

	Three months ended September 30,
	2011		2010
Stock options	$	798	$	997
Restricted stock units (legacy Vignette employees)		11		48
Deferred stock units (Directors)		65		52
Performance stock units (LTIP 3 and LTIP 4)		3,970		1,503
Total share-based compensation expense	$	4,844	$	2,600

Summary of Outstanding Stock Options

As of September 30, 2011, options to purchase an aggregate of 1,922,052 Common Shares were outstanding and 1,211,045 Common Shares were available for issuance under our stock option plans. Our stock options generally vest over four years and expire between seven and ten years from the date of the grant. The exercise price of the options we grant is set at an amount that is not less than the closing price of our Common Shares on NASDAQ on the trading day immediately preceding the applicable grant date.

A summary of option activity under our stock option plans for the three months ended September 30, 2011 is as follows:

	Options			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (years)		Aggregate Intrinsic Value ($'000s)
Outstanding at June 30, 2011		2,277,733		$	24.51
Granted		120,000			52.15
Exercised		(475,181	)		15.19
Forfeited or expired		(500	)		17.99
Outstanding at September 30, 2011		1,922,052		$	28.54		3.33	$	45,565
Exercisable at September 30, 2011		1,325,627		$	22.53		2.48	$	39,224

We estimate the fair value of stock options using the Black-Scholes option pricing model, consistent with the provisions of ASC Topic 718, "Compensation—Stock Compensation" (ASC 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 technique 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 following weighted-average fair value of options and weighted-average assumptions used were as follows:

	Three months ended September 30,
	2011			2010
Weighted-average fair value of options granted	$	17.66			NA	*
Weighted-average assumptions used:
Expected volatility		40.5	%		NA
Risk—free interest rate		0.80	%		NA
Expected dividend yield		0	%		NA
Expected life (in years)		4.34			NA
Forfeiture rate (based on historical rates)		5	%		NA

* There were no options granted during the three months ended September 30, 2010.

As of September 30, 2011, the total compensation cost related to the unvested stock awards not yet recognized was $6.2 million, which will be recognized over a weighted average period of approximately 2 years.

No cash was used by us to settle equity instruments granted under share-based compensation arrangements.

We have not capitalized any share-based compensation costs as part of the cost of an asset in any of the periods presented.

For the three months ended September 30, 2011, cash in the amount of $7.2 million was received as the result of the exercise of options granted under share-based payment arrangements. The tax benefit realized by us during the three months ended September 30, 2011 from the exercise of options eligible for a tax deduction was $0.4 million.

For the three months ended September 30, 2010, cash in the amount of $2.9 million was received as the result of the exercise of options granted under share-based payment arrangements. The tax benefit realized by us during the three months ended September 30, 2010 from the exercise of options eligible for a tax deduction was $0.9 million.

Deferred Stock Units (DSUs) and Performance Stock Units (PSUs)

During the three months ended September 30, 2011, we granted 263 deferred stock units (DSUs) to certain nonemployee directors (DSUs granted during the three months ended September 30, 2010 - 157). The DSUs were issued under the Company's Deferred Share Unit Plan that came into effect on February 2, 2010 and will vest at the Company's next annual general meeting following the granting of the DSUs.

We did not grant any PSUs under the Fiscal 2011 Long Term incentive Plan (LTIP 4) or the Fiscal 2010 Long Term Incentive Plan (LTIP 3) during the three months ended September 30, 2011 and 2010, respectively. Awards achieved under the LTIP 3 and LTIP 4 will be settled over the three year period ending June 30, 2012 and June 30, 2013, respectively.

Restricted Stock Awards (RSAs)

On July 21, 2009, we granted, as part of our acquisition of Vignette, 574,767 Open Text restricted stock awards (RSAs) to certain legacy Vignette employees and directors as replacement for similar restricted stock awards held by these employees and directors when they were employed by Vignette. These awards were valued at $13.33 per RSA on July 21, 2009, and a portion has been allocated to the purchase price of Vignette. The remaining portion is amortized, as part of share-based compensation expense, over the vesting period of these awards.

Long Term Incentive Plans

On September 10, 2007, our Board of Directors approved the implementation of an incentive plan called the "Open Text Corporation Long-Term Incentive Plan" (LTIP). The LTIP is a rolling three-year program whereby we make a series of annual grants, each of which covers a three-year performance period, to certain of our employees, and which vests upon the employee and/or the Company meeting pre-determined performance and market-based criteria.

Grants made in Fiscal 2008 under the LTIP (LTIP 1) took effect in Fiscal 2008, starting on July 1, 2007. Awards under LTIP 1 have been settled in cash in the aggregate amount of $14.4 million as of the first quarter of Fiscal 2011.

Grants made in Fiscal 2009 under the LTIP (LTIP 2) took effect in Fiscal 2009 starting on July 1, 2008. Awards under LTIP 2 are equal to 100% of the target. Awards under LTIP 2 have been settled in cash in the aggregate amount of $10.7 million as of the first quarter of Fiscal 2012.

Grants made in Fiscal 2010 under the LTIP (LTIP 3) took effect in Fiscal 2010 starting on July 1, 2009. Awards under LTIP 3 may be equal to 50%, 100% or 150% of the target. We expect to settle LTIP 3 awards in stock.

Grants made in Fiscal 2011 under the LTIP (LTIP 4) took effect in Fiscal 2011 starting on July 1, 2010. Awards under LTIP 4 may be equal to 50%, 100% or 150% of the target. We expect to settle LTIP 4 awards in stock.

PSUs granted under the LTIP equity plans (LTIP 3 and 4) 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. During the three months ended September 30, 2011, $4.0 million has been charged to share-based compensation expense on account of the LTIP equity plans (three months ended September 30, 2010—$1.5 million).

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Long-Term Debt (Schedule Of Long-Term Debt) (Details) (USD $) In Thousands	Sep. 30, 2011	Jun. 30, 2011
Long-Term Debt [Abstract]
Term loan	$ 284,278	$ 285,026
Revolver	48,500
Mortgage	11,895	12,552
Long-term debt	344,673	297,578
Term loan	2,993	2,993
Revolver	48,500
Mortgage	11,895	12,552
Long-term debt, current	63,388	15,545
Long-term portion of long-term debt	$ 281,285	$ 282,033

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Special Charges (Schedule Of Special Charges Related To Restructuring Plan) (Details) (USD $) In Thousands	3 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Restructuring Cost and Reserve [Line Items]
Acquisition-related costs	$ 815
Impairment charges (recoveries) and other impacts	(1,355)
Total special charges (recoveries)	7,105	3,195
Fiscal 2012 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Special charges	6,684
Fiscal 2011 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Special charges	979
Fiscal 2010 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Special charges	$ (18)	$ 3,195

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Pension Plans And Other Post Retirement Benefits (Schedule Of The Change In The Benefit Obligation Of CDT Defined Benefit Plan) (Details) (USD $) In Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2011	Jun. 30, 2011
Pension Plans And Other Post Retirement Benefits [Abstract]
Benefit obligation-beginning of period	$ 18,231	$ 15,507
Service cost	85	350
Interest cost	227	868
Benefits paid	(108)	(423)
Actuarial (gain) loss	550	(688)
Foreign exchange (gain) loss	(940)	2,617
Benefit obligation-end of period	18,045	18,231
Less: current portion	(484)	(489)
Noncurrent portion of benefit obligation	$ 17,561	$ 17,742

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Goodwill

3 Months Ended

Sep. 30, 2011

Goodwill [Abstract]

Goodwill

NOTE 5—GOODWILL

Goodwill is recorded when the consideration paid for an acquisition of a business exceeds the fair value of identifiable net tangible and intangible assets. The following table summarizes the changes in goodwill since June 30, 2011:

Balance, June 30, 2011	$	832,481
Acquisition of Operitel (note 17)		4,093
Acquisition of Global 360 (note 17)		202,572
Adjustments on account of foreign exchange		(575	)
Balance, September 30, 2011	$	1,038,571

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Derivative Instruments And Hedging Activities

3 Months Ended

Sep. 30, 2011

Derivative Instruments And Hedging Activities [Abstract]

Derivative Instruments And Hedging Activities

NOTE 15—DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

Foreign Currency Forward Contracts

In July 2010, we entered into a hedging program with a Canadian chartered bank to limit the potential foreign exchange fluctuations incurred on future cash flows related to a portion of the payroll expenses that are expected to be paid by our Canadian subsidiary. 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 ("CAD") on account of large costs that get incurred from our centralized Canadian operations, and are denominated in CAD. As part of our risk management strategy, we use derivative instruments to hedge portions of our payroll exposure. We do not use these forward contracts for trading or speculative purposes. These forward contracts typically mature between one and twelve months.

We have designated these transactions as cash flow hedges of forecasted transactions under ASC Topic 815 "Derivatives and Hedging" (ASC Topic 815). As the critical terms of the hedging instrument, and of the entire hedged forecasted transaction, are the same, in accordance with ASC 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. The fair value of the contracts, as of September 30, 2011, is recorded within "Accounts payable and accrued liabilities".

As of September 30, 2011, the notional amount of forward contracts we held to sell U.S. dollars in exchange for Canadian dollars was $99.6 million (June 30, 2011—$16.8 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 as of, and for the three months ended September 30, 2011, were as follows (amounts presented do not include any income tax effects).

Fair Value of Derivative Instruments in the Condensed Consolidated Balance Sheets (see note 14)

Asset Derivatives	Balance Sheet Location	Fair  Value Asset (Liability)
Foreign currency forward contracts designated as cash flow hedges	Accounts payable and accrued liabilities	$	(5,398	)

Effects of Derivative Instruments on Income and Other Comprehensive Income (OCI)

Derivative in Cash Flow Hedging Relationship	Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)			Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Location of Gain or (Loss) Recognized in Income  on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)		Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
	Three months ended September 30, 2011					Three months ended September 30, 2011				Three months ended September 30, 2011
Foreign currency forward contracts	$	(5,655	)		Operating expenses	$	1,545		N/A	$ N/A

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Share Capital, Option Plans And Share-Based Payments (Narrative) (Details) (USD $)	3 Months Ended			12 Months Ended				3 Months Ended	0 Months Ended		12 Months Ended		12 Months Ended		3 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Jun. 30, 2011	Jun. 30, 2010 Maximum [Member] LTIP 3 [Member]	Jun. 30, 2011 Maximum [Member] LTIP 4 [Member]	Jun. 30, 2010 Minimum [Member] LTIP 3 [Member]	Jun. 30, 2011 Minimum [Member] LTIP 4 [Member]	Sep. 30, 2011 Deferred Stock Units [Member]	Jul. 21, 2009 Restricted Stock Awards [Member]	Sep. 30, 2010 LTIP 1 [Member]	Jun. 30, 2009 LTIP 2 [Member]	Sep. 30, 2011 LTIP 2 [Member]	Jun. 30, 2010 LTIP 3 [Member]	Jun. 30, 2011 LTIP 4 [Member]	Sep. 30, 2011 LTIP 3 And LTIP 4 [Member]	Sep. 30, 2010 LTIP 3 And LTIP 4 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preference shares issued	0
Common shares reissued	0		0
Vesting period of stock options (in years)	four
Minimum period (in years) for expiry of stock option	seven
Maximum period (in years) for expiry of stock option	ten
Purchase of treasury stock (in shares)	0	0
Cash used to settle equity instruments granted under share-based compensation arrangements	$ 0
Awards settled in cash in the aggregate amount										14,400,000		10,700,000
Cash proceeds from exercise of options granted	7,200,000	2,900,000
Tax benefit realized from exercise of options	400,000	900,000
Share-based payment awards granted								263	574,767
Share-based payment awards granted, value									$ 13.33
LTIP equity plans, estimated award grant percentage against target				150.00%	150.00%	50.00%	50.00%				100.00%		100.00%	100.00%
Compensation cost expensed during the period-LTIP equity plans															4,000,000	1,500,000
Number of options outstanding	1,922,052		2,277,733
Common shares were available for issuance	1,211,045
Unrecognized compensation cost relating to unvested stock awards	$ 6,200,000
Unvested stock awards compensation cost, weighted average recognition period (years)	2

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Pension Plans And Other Post Retirement Benefits (Schedule Of Weighted-Average Key Assumptions Used For CDT Pension Plan) (Details) (CDT Pension Plan [Member])	3 Months Ended	12 Months Ended
	Sep. 30, 2011	Jun. 30, 2011
Defined Benefit Plan Disclosure [Line Items]
Salary increases	2.25%	2.25%
Pension increases	1.75%	1.50%
Discount rate	5.20%	5.25%
To Age 30 [Member]
Defined Benefit Plan Disclosure [Line Items]
Employee fluctuation rate	1.00%	1.00%
To Age 35 [Member]
Defined Benefit Plan Disclosure [Line Items]
Employee fluctuation rate	0.50%	0.50%
To Age 40 [Member]
Defined Benefit Plan Disclosure [Line Items]
Employee fluctuation rate	0.00%	0.00%
To Age 45 [Member]
Defined Benefit Plan Disclosure [Line Items]
Employee fluctuation rate	0.50%	0.50%
To Age 50 [Member]
Defined Benefit Plan Disclosure [Line Items]
Employee fluctuation rate	0.50%	0.50%
From Age 51 [Member]
Defined Benefit Plan Disclosure [Line Items]
Employee fluctuation rate	1.00%	1.00%

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Derivative Instruments And Hedging Activities (Tables)

3 Months Ended

Sep. 30, 2011

Derivative Instruments And Hedging Activities [Abstract]

Fair Value Of Derivative Instruments In The Condensed Consolidated Balance Sheets

Asset Derivatives	Balance Sheet Location	Fair  Value Asset (Liability)
Foreign currency forward contracts designated as cash flow hedges	Accounts payable and accrued liabilities	$	(5,398	)

Effects Of Derivative Instruments On Income And Other Comprehensive Income (OCI)

Derivative in Cash Flow Hedging Relationship	Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)			Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Location of Gain or (Loss) Recognized in Income  on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)		Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
	Three months ended September 30, 2011					Three months ended September 30, 2011				Three months ended September 30, 2011
Foreign currency forward contracts	$	(5,655	)		Operating expenses	$	1,545		N/A	$ N/A

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Fair Value Measurements (Details) (Fair Value, Measurements, Recurring [Member], USD $) In Thousands	Sep. 30, 2011
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instrument asset (liabilities) (note 15)	$ (5,398)
Total recurring assets fair value	(5,398)
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative financial instrument asset (liabilities) (note 15)	(5,398)
Total recurring assets fair value	$ (5,398)

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Allowance For Doubtful Accounts (Tables)

3 Months Ended

Sep. 30, 2011

Allowance For Doubtful Accounts [Abstract]

Changes In Carrying Amount Of Allowance For Doubtful Accounts

Balance of allowance for doubtful accounts as of June 30, 2011		5,424
Bad debt expense for the period		1,065
Write-off /adjustments		(212	)
Balance of allowance for doubtful accounts as of September 30, 2011	$	6,277

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Condensed Consolidated Statements Of Retained Earnings (USD $) In Thousands	3 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Condensed Consolidated Statements Of Retained Earnings [Abstract]
Retained earnings, beginning of period	$ 316,894	$ 193,691
Net income	34,986	21,671
Retained earnings, end of period	$ 351,880	$ 215,362

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Special Charges

3 Months Ended

Sep. 30, 2011

Special Charges [Abstract]

Special Charges

NOTE 16—SPECIAL CHARGES

Special charges are primarily costs related to certain restructuring initiatives that we have undertaken from time to time under our various restructuring plans.

	Three months ended September 30,
	2011			2010
Fiscal 2012 Restructuring Plan	$	6,684		$	—
Fiscal 2011 Restructuring Plan		979			—
Fiscal 2010 Restructuring Plan		(18	)		3,195
Acquisition-related costs		815			—
Impairment charges (recoveries) and other impacts		(1,355	)		—
Total special charges (recoveries)	$	7,105		$	3,195

Reconciliations of the liability relating to each of our materially outstanding restructuring plans are provided below:

Fiscal 2012 Restructuring Plan

In the first quarter of Fiscal 2012, we began to implement restructuring activities to streamline our operations (Fiscal 2012 restructuring plan). These charges currently relate to workforce reductions. We expect to incur more charges under the Fiscal 2012 restructuring plan, including the consolidation of certain excess facilities, as we finalize the detailed plans of these restructuring actions. The recognition of these charges requires 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 will conduct an evaluation of the related liabilities and expenses and revise our assumptions and estimates as appropriate.

A reconciliation of the beginning and ending liability for the three months ended September 30, 2011 is shown below.

Fiscal 2012 Restructuring Plan	Workforce reduction
Balance as of June 30, 2011	$	—
Accruals and adjustments		6,684
Cash payments		(2,558	)
Foreign exchange		(151	)
Balance as of September 30, 2011	$	3,975

Fiscal 2011 Restructuring Plan

In the second quarter of Fiscal 2011, we began to implement restructuring activities to streamline our operations and consolidate certain excess facilities (Fiscal 2011 restructuring plan). These charges relate to workforce reductions and facility consolidations. The recognition of these charges requires management to make certain judgments and estimates regarding the amount and timing of restructuring charges or recoveries. On a quarterly basis, we will conduct an evaluation of the related liabilities and expenses and revise our assumptions and estimates as appropriate.

Total costs to be incurred in conjunction with the Fiscal 2011 restructuring plan are expected to be approximately $10.0 million. Since the inception of the plan, $9.5 million of costs have been recorded within Special charges. We do not expect to incur any further significant charges related to the Fiscal 2011 restructuring plan.

A reconciliation of the beginning and ending liability for the three months ended September 30, 2011 is shown below.

Fiscal 2011 Restructuring Plan	Workforce reduction			Facility costs			Total
Balance as of June 30, 2011	$	3,570		$	1,368		$	4,938
Accruals and adjustments		963			16			979
Cash payments		(2,329	)		(215	)		(2,544	)
Foreign exchange		(111	)		(1	)		(112	)
Balance as of September 30, 2011	$	2,093		$	1,168		$	3,261

Fiscal 2010 Restructuring Plan (cash liability portion)

In the first quarter of Fiscal 2010, we began to implement restructuring activities to streamline our operations and consolidate certain excess facilities (Fiscal 2010 restructuring plan). These charges relate to workforce reductions and other miscellaneous direct costs. The provision related to workforce reduction and facility costs is expected to be paid by July 2012. On a quarterly basis, we will conduct an evaluation of the remaining balances relating to workforce reductions and facility costs and revise our assumptions and estimates as appropriate.

Total costs to be incurred in conjunction with the Fiscal 2010 restructuring plan, exclusive of other costs, were expected to be approximately $40.0 million. Since the inception of the plan, $41.6 million of costs have been recorded within Special charges. We do not expect to incur any further significant charges related to the Fiscal 2010 restructuring plan.

A reconciliation of the beginning and ending liability for the three months ended September 30, 2011 is shown below.

Fiscal 2010 Restructuring Plan	Workforce reduction			Facility costs			Total
Balance as of June 30, 2011	$	1,439		$	390		$	1,829
Accruals and adjustments		(18	)		—			(18	)
Cash payments		(303	)		(201	)		(504	)
Foreign exchange		(623	)		(6	)		(629	)
Balance as of September 30, 2011	$	495		$	183		$	678

Fiscal 2009 Restructuring Plan

In the second quarter of Fiscal 2009, we began to implement, restructuring activities to streamline our operations and consolidate certain excess facilities (Fiscal 2009 restructuring plan). The total costs incurred in conjunction with the Fiscal 2009 restructuring plan were $17.1 million, which has been recorded within Special charges since the commencement of the plan. The $17.1 million charge consisted primarily of costs associated with workforce reduction in the amount of $12.4 million and abandonment of excess facilities in the amount of $4.7 million. The provision related to workforce reduction has been substantially paid and the provision relating to facility costs is expected to be paid by April 2012.

A reconciliation of the beginning and ending liability for the three months ended September 30, 2011, is shown below.

Fiscal 2009 Restructuring Plan	Workforce reduction			Facility costs			Total
Balance as of June 30, 2011	$	42		$	220		$	262
Accruals and adjustments		—			—			—
Cash payments		—			(67	)		(67	)
Foreign exchange		(42	)		2			(40	)
Balance as of September 30, 2011	$	—		$	155		$	155

Fiscal 2006 Restructuring Plan

In the first quarter of Fiscal 2006, we implemented restructuring activities to streamline our operations and consolidate certain excess facilities (Fiscal 2006 restructuring plan). The plan has been substantially completed. As of September 30, 2011, the ending liability of the plan is $0.1 million (June 30, 2011 – $0.1 million).

Impairment Charges and Other Impacts

Included within Special charges for the three months ended September 30, 2011 is (i) a recovery of $0.8 million relating to a reduction in an asset retirement obligation associated with a leased facility, and (ii) a recovery of $0.5 million relating to a new sublease on a restructured facility acquired in a prior period.

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Net Income Per Share (Tables)

3 Months Ended

Sep. 30, 2011

Net Income Per Share [Abstract]

Schedule Of Net Income Per Share

	Three months ended September 30,
	2011		2010
Basic earnings per share
Net income	$	34,986	$	21,671
Basic earnings per share	$	0.61	$	0.38
Diluted earnings per share
Net income	$	34,986	$	21,671
Diluted earnings per share	$	0.60	$	0.37
Weighted average number of shares outstanding
Basic		57,412		56,883
Effect of dilutive securities		1,187		1,039
Diluted		58,599		57,922
Excluded as anti-dilutive*		—		272

* Represents options to purchase Common Shares excluded from the calculation of diluted net income 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.

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Guarantees And Contingencies

3 Months Ended

Sep. 30, 2011

Guarantees And Contingencies [Abstract]

Guarantees And Contingencies

NOTE 18—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		October 1, 2011— June 30, 2012		July 1, 2012— June 30, 2014		July 1, 2014— June 30, 2016		July 1, 2016 and beyond
Long-term debt obligations	$	359,205	$	68,343	$	290,862	$	—	$	—
Operating lease obligations*		155,236		22,347		49,641		33,302		49,946
Purchase obligations		2,068		1,270		783		15		—
	$	516,509	$	91,960	$	341,286	$	33,317	$	49,946

* Net of $4.3 million of sublease income to be received from properties which we have subleased to other parties.

Guarantees and indemnifications

We have entered into license agreements with customers that include limited intellectual property indemnification clauses. Generally, we agree to indemnify our customers against legal claims that our software products infringe certain third party intellectual property rights. In the event of such a claim, we are generally obligated to defend our customers against the claim and either settle the claim at our expense or pay damages that our customers are legally required to pay to the third-party claimant. These intellectual property infringement indemnification clauses generally are subject to limits based upon the amount of the license sale. We have not made any indemnification payments in relation to these indemnification clauses.

In connection with certain facility leases, we have guaranteed payments on behalf of our subsidiaries either by providing a security deposit with the landlord or through unsecured bank guarantees obtained from local banks.

We have not accrued a liability for guarantees, indemnities or warranties described above in the Condensed Consolidated Balance Sheets since no material payments are expected to be made. The maximum amount of potential future payments under such guarantees, indemnities and warranties is not determinable.

Litigation

We are subject from time to time to legal proceedings and claims, either asserted or unasserted, that arise in the ordinary course of business and we accrue for these items where appropriate. While the outcome of these proceedings and claims cannot be predicted with certainty, we do not believe that the outcome of any of these legal matters will have a material adverse effect on our consolidated financial position, results of operations and cash flows.

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Derivative Instruments And Hedging Activities (Effects Of Derivative Instruments On Income And Other Comprehensive Income (OCI)) (Details) (Cash Flow Hedging [Member], Foreign Exchange Forward [Member], USD $) In Thousands	3 Months Ended
	Sep. 30, 2011
Derivatives, Fair Value [Line Items]
Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)	$ (5,655)
Operating Expenses [Member]
Derivatives, Fair Value [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	$ 1,545

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Share Capital, Option Plans And Share-Based Payments (Schedule Of Weighted-Average Fair Value Of Options And Weighted-Average Assumptions Used) (Details) (USD $)	3 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Share Capital, Option Plans And Share-Based Payments [Abstract]
Weighted-average fair value of options granted	$ 17.66		[1]
Expected volatility	40.50%
Risk-free interest rate	0.80%
Expected dividend yield	0.00%
Expected life (in years)	4.34
Forfeiture rate (based on historical rates)	5.00%
Options granted	120,000	0

[1] There were no options granted during the three months ended September 30, 2010.

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Basis Of Presentation

3 Months Ended

Sep. 30, 2011

Basis Of Presentation [Abstract]

Basis Of Presentation

NOTE 1—BASIS OF PRESENTATION

The accompanying consolidated financial statements include the accounts of Open Text Corporation and our wholly owned subsidiaries, collectively referred to as "Open Text" or the "Company". All inter-company balances and transactions have been eliminated.

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 and includes the financial results of Operitel Corporation (Operitel), with effect from September 1, 2011 and Global 360 Holding Corp. (Global 360), with effect from July 13, 2011 (see note 17).

Use of estimates

The preparation of financial statements in conformity with U.S. GAAP requires us to make 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, significant estimates, judgments and assumptions include those related to: (i) revenue recognition, (ii) allowance for doubtful accounts, (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) asset retirement obligations, (x) the realization of investment tax credits, (xi) the valuation of stock options granted and liabilities related to share-based payments, including the valuation of our long-term incentive plan, (xii) the valuation of financial instruments, (xiii) the valuation of pension assets and obligations, and (xiv) accounting for income taxes.

Comprehensive income

The following table sets forth the components of comprehensive income for the reporting periods indicated:

	Three months ended September 30,
	2011			2010
Net income for the period	$	34,986		$	21,671
Other comprehensive income—net of tax, where applicable:
Foreign currency translation adjustments		(10,618	)		5,977
Unrealized gain on marketable securities		—			44
Unrealized gain (loss) on cash flow hedges		(5,202	)		1,570
Actuarial gain (loss) relating to defined benefit pension plans		(548	)		—
Comprehensive income for the period	$	18,618		$	29,262

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Long-Term Debt

3 Months Ended

Sep. 30, 2011

Long-Term Debt [Abstract]

Long-Term Debt

NOTE 10—LONG-TERM DEBT

Long-term debt

Long-term debt is comprised of the following:

	As of September 30, 2011		As of June 30, 2011
Long-term debt
Term loan	$	284,278	$	285,026
Revolver		48,500		—
Mortgage		11,895		12,552
		344,673		297,578
Less:
Current portion of long-term debt
Term loan		2,993		2,993
Revolver		48,500		—
Mortgage		11,895		12,552
		63,388		15,545
Long-term portion of long-term debt	$	281,285	$	282,033

Term loan

The term loan has a seven-year term, expires on October 2, 2013 and bears interest at a floating rate of LIBOR plus 2.25%. The quarterly scheduled term loan principal repayments are equal to 0.25% of the original principal amount, due each quarter with the remainder due at the end of the term, less ratable reductions for any non-scheduled prepayments made. Our current quarterly scheduled principal payment is approximately $0.7 million.

For the three months ended September 30, 2011, we recorded interest expense of $1.8 million relating to the term loan (three months ended September 30, 2010—$1.9 million).

Revolver

Prior to September 29, 2011, the revolver had a five-year term and expired on October 2, 2011. However, on September 29, 2011, we extended the revolver for 60 days without change to any of the previous terms except that the amount available to borrow under the revolver was changed to $50.0 million from $75.0 million. Borrowings under this facility bear interest at rates specified in the credit agreement. The revolver is subject to a "stand-by" fee ranging between 0.30% and 0.50% per annum depending on our consolidated leverage ratio.

As of September 30, 2011, we have a net borrowed amount outstanding of $48.5 million on the revolver.

For the three months ended September 30, 2011, we recorded an interest expense of $0.6 million relating to borrowings outstanding on the revolver (three months ended September 30, 2010—nil). During this period we also recorded an expense of $0.06 million on account of stand-by fees relating to the revolver (three months ended September 30, 2010—$0.06 million).

Mortgage

In December 2005, we entered into a five-year mortgage agreement with the bank. The principal amount of the mortgage was for Canadian $15.0 million and was originally scheduled to mature on January 1, 2011. During Fiscal 2011, the mortgage was extended for a total of twelve-months, now maturing on January 1, 2012. The principal amount of the mortgage did not change upon extension, however, interest now accrues monthly at a variable rate of Canadian prime plus 0.50% (instead of a fixed rate of 5.25% per annum). Principal and interest are payable in monthly installments of Canadian $0.1 million with a final lump sum principal payment of Canadian $11.9 million due on maturity. The mortgage continues to be secured by a lien on our headquarters in Waterloo, Ontario, Canada.

As of September 30, 2011, the carrying value of the mortgage was $11.9 million (June 30, 2011—$12.6 million).

As of September 30, 2011, the carrying value of the Waterloo building that is securing the mortgage was $15.3 million (June 30, 2011—$15.4 million).

For the three months ended September 30, 2011, we recorded interest expense of $0.1 million relating to the mortgage (three months ended September 30, 2010—$0.2 million).

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Accounts Payable And Accrued Liabilities (Schedule Of Long-Term Accrued Liabilities) (Details) (USD $) In Thousands	Sep. 30, 2011	Jun. 30, 2011
Accounts Payable And Accrued Liabilities [Abstract]
Amounts payable in respect of restructuring and other special charges (note 16)	$ 526	$ 652
Accruals relating to acquisitions	1,577	2,301
Other accrued liabilities	8,031	6,950
Asset retirement obligations	3,700	3,824
Accrued liabilities	$ 13,834	$ 13,727

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Pension Plans And Other Post Retirement Benefits (Narrative) (Details) (USD $)	Sep. 30, 2011	Jun. 30, 2011
Defined Benefit Plan Disclosure [Line Items]
Net pension liabilities	$ 17,561,000	$ 17,742,000
Anniversary Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Unfunded fair value of benefit obligation	500,000	600,000
Percentage of full time salary paid if elected to participate in the early retirement plan	50.00%
Early Retirement Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Unfunded fair value of benefit obligation	200,000	200,000
IXOS AG Defined Benefit Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Net pension liabilities	$ 14,000	$ 9,000

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Income Taxes (Details) (USD $) In Millions	3 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Jun. 30, 2011
Interest recognized	$ 1.5	$ 1.8
Penalty recognized (reversed)	0	0
Accrued interest	11.8		10.3
Accrued penalties	15.6		15.8
Increase (decrease) in gross unrecognized tax benefit in next 12 months	0.1
Acquisition Of Global 360 [Member]
Accrued interest	0.1
Accrued penalties	$ 0

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Accounts Payable And Accrued Liabilities (Tables)

3 Months Ended

Sep. 30, 2011

Accounts Payable And Accrued Liabilities [Abstract]

Schedule Of Current Liabilities

	As of September 30, 2011		As of June 30, 2011
Accounts payable—trade	$	12,016	$	10,772
Accrued salaries and commissions		43,830		45,630
Accrued liabilities		72,215		60,060
Amounts payable in respect of restructuring and other special charges (note 16)		7,656		6,504
Accruals relating to acquisitions		1,018		1,042
Asset retirement obligations		1,270		2,241
	$	138,005	$	126,249

Schedule Of Long-Term Accrued Liabilities

	As of September 30, 2011		As of June 30, 2011
Amounts payable in respect of restructuring and other special charges (note 16)	$	526	$	652
Accruals relating to acquisitions		1,577		2,301
Other accrued liabilities		8,031		6,950
Asset retirement obligations		3,700		3,824
	$	13,834	$	13,727

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Fair Value Measurements

3 Months Ended

Sep. 30, 2011

Fair Value Measurements [Abstract]

Fair Value Measurements

NOTE 14—FAIR VALUE MEASUREMENTS

ASC Topic 820 "Fair Value Measurements and Disclosures" (ASC 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, ASC 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 September 30, 2011:

	September 30, 2011			Fair Market Measurements using:
				Quoted prices in active markets for identical assets/ (liabilities)	Significant other observable inputs			Significant unobservable inputs
				(Level 1)	(Level 2)			(Level 3)
Financial Assets:
Derivative financial instrument asset (liabilities) (note 15)	$	(5,398	)	$ n/a	$	(5,398	)	$n/a
	$	(5,398	)	$ n/a	$	(5,398	)	$n/a

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 the derivative instruments. Our discounted cash flow techniques use observable market inputs, such as foreign currency spot and forward rates.

Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis

We measure certain assets at fair value on a nonrecurring basis. These assets are recognized at fair value when they are deemed to be other-than-temporarily impaired. During the three months ended September 30, 2011, no indications of impairment were identified and therefore no fair value measurements were required.

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Condensed Consolidated Balance Sheets (USD $) In Thousands	Sep. 30, 2011	Jun. 30, 2011
ASSETS
Cash and cash equivalents	$ 119,294	$ 284,140
Accounts receivable trade, net of allowance for doubtful accounts of $6,277 as of September 30, 2011 and $5,424 as of June 30, 2011 (note 3)	143,837	154,568
Income taxes recoverable (note 13)	17,183	18,911
Prepaid expenses and other current assets	34,987	29,678
Deferred tax assets (note 13)	29,405	27,861
Total current assets	344,706	515,158
Capital assets (note 4)	84,590	77,825
Goodwill (note 5)	1,038,571	832,481
Acquired intangible assets (note 6)	414,281	344,995
Deferred tax assets (note 13)	29,401	42,737
Other assets (note 7)	19,408	19,359
Deferred charges (note 8)	61,022	54,989
Long-term income taxes recoverable (note 13)	41,161	44,819
Total assets	2,033,140	1,932,363
Current liabilities:
Accounts payable and accrued liabilities (note 9)	138,005	126,249
Current portion of long-term debt (note 10)	63,388	15,545
Deferred revenues	249,097	254,531
Income taxes payable (note 13)	19,157	18,424
Deferred tax liabilities (note 13)	1,991	624
Total current liabilities	471,638	415,373
Long-term liabilities:
Accrued liabilities (note 9)	13,834	13,727
Deferred credits (note 8)	6,538	6,878
Pension liability (note 11)	18,171	18,478
Long-term debt (note 10)	281,285	282,033
Deferred revenues	12,240	11,466
Long-term income taxes payable (note 13)	103,310	101,434
Deferred tax liabilities (note 13)	54,850	43,529
Total long-term liabilities	490,228	477,545
Shareholders' equity:
Share capital (note 12) 57,790,868 and 57,301,812 Common Shares issued and outstanding at September 30, 2011 and June 30, 2011, respectively; Authorized Common Shares: unlimited	622,337	614,279
Additional paid-in capital	79,454	74,301
Accumulated other comprehensive income	44,102	60,470
Retained earnings	351,880	316,894
Treasury stock, at cost (572,413 shares at September 30, 2011 and June 30, 2011, respectively)	(26,499)	(26,499)
Total shareholders' equity	1,071,274	1,039,445
Total liabilities and shareholders' equity	$ 2,033,140	$ 1,932,363

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Pension Plans And Other Post Retirement Benefits (Tables)

3 Months Ended

Sep. 30, 2011

Pension Plans And Other Post Retirement Benefits [Abstract]

Schedule Of CDT Defined Benefit Plan And CDT Long-Term Employee Benefit Obligations

	Total benefit obligation		Current portion of benefit obligation*		Noncurrent portion of benefit obligation
CDT defined benefit plan	$	18,045	$	484	$	17,561
CDT Anniversary plan		492		78		414
CDT early retirement plan		182		—		182
IXOS defined benefit plan		14		—		14
Total as of September 30, 2011	$	18,733	$	562	$	18,171

	Total benefit obligation		Current portion of benefit obligation*		Noncurrent portion of benefit obligation
CDT defined benefit plan	$	18,231	$	489	$	17,742
CDT Anniversary plan		550		57		493
CDT early retirement plan		234		—		234
IXOS defined benefit plan		9		—		9
Total as of June 30, 2011	$	19,024	$	546	$	18,478

* The current portion of the benefit obligation has been included within Accounts payable and accrued liabilities within the Condensed Consolidated Balance Sheets.

Schedule Of The Change In The Benefit Obligation Of CDT Defined Benefit Plan

	As of September 30, 2011			As of June 30, 2011
Benefit obligation—beginning of period	$	18,231		$	15,507
Service cost		85			350
Interest cost		227			868
Benefits paid		(108	)		(423	)
Actuarial (gain) loss		550			(688	)
Foreign exchange (gain) loss		(940	)		2,617
Benefit obligation—end of period		18,045			18,231
Less: current portion		(484	)		(489	)
Noncurrent portion of benefit obligation	$	17,561		$	17,742

Components Of Net Pension Expense For CDT Pension Plan

	Three months ended September 30,
	2011		2010
Pension expense:
Service cost	$	85	$	86
Interest cost		227		214
Net pension expense	$	312	$	300

Schedule Of Weighted-Average Key Assumptions Used For CDT Pension Plan

	As of September  30, 2011			As of June  30, 2011
Assumptions:
Salary increases		2.25	%		2.25	%
Pension increases		1.75	%		1.50	%
Discount rate		5.20	%		5.25	%
Employee fluctuation rate:
to age 30		1.00	%		1.00	%
to age 35		0.50	%		0.50	%
to age 40		0.00	%		0.00	%
to age 45		0.50	%		0.50	%
to age 50		0.50	%		0.50	%
from age 51		1.00	%		1.00	%

Anticipated Pension Payments Under CDT Pension Plan

2012 (nine months ended June 30)	$	467
2013		535
2014		592
2015		650
2016		733
2017 to 2021		4,832
Total	$	7,809

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Net Income Per Share (Details) (USD $) In Thousands, except Per Share data	3 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Net Income Per Share [Abstract]
Net income	$ 34,986	$ 21,671
Basic earnings per share	$ 0.61	$ 0.38
Diluted earnings per share, Net income	$ 34,986	$ 21,671
Diluted earnings per share	$ 0.60	$ 0.37
Weighted average number of Common Shares outstanding-basic	57,412	56,883
Effect of dilutive securities	1,187	1,039
Weighted average number of shares outstanding - Diluted	58,599	57,922
Excluded as anti-dilutive		272	[1]

[1] Represents options to purchase Common Shares excluded from the calculation of diluted net income 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.

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Special Charges (Schedule Of Restructuring Reserve) (Details) (USD $) In Thousands	3 Months Ended
	Sep. 30, 2011
Fiscal 2012 Restructuring Plan [Member] | Employee Termination Costs [Member]
Restructuring Cost and Reserve [Line Items]
Accruals and adjustments	$ 6,684
Cash payments	(2,558)
Foreign exchange	(151)
Balance as of September 30, 2011	3,975
Fiscal 2011 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Balance as of June 30, 2011	4,938
Accruals and adjustments	979
Cash payments	(2,544)
Foreign exchange	(112)
Balance as of September 30, 2011	3,261
Fiscal 2011 Restructuring Plan [Member] | Employee Termination Costs [Member]
Restructuring Cost and Reserve [Line Items]
Balance as of June 30, 2011	3,570
Accruals and adjustments	963
Cash payments	(2,329)
Foreign exchange	(111)
Balance as of September 30, 2011	2,093
Fiscal 2011 Restructuring Plan [Member] | Excess Facilities [Member]
Restructuring Cost and Reserve [Line Items]
Balance as of June 30, 2011	1,368
Accruals and adjustments	16
Cash payments	(215)
Foreign exchange	(1)
Balance as of September 30, 2011	1,168
Fiscal 2010 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Balance as of June 30, 2011	1,829
Accruals and adjustments	(18)
Cash payments	(504)
Foreign exchange	(629)
Balance as of September 30, 2011	678
Fiscal 2010 Restructuring Plan [Member] | Employee Termination Costs [Member]
Restructuring Cost and Reserve [Line Items]
Balance as of June 30, 2011	1,439
Accruals and adjustments	(18)
Cash payments	(303)
Foreign exchange	(623)
Balance as of September 30, 2011	495
Fiscal 2010 Restructuring Plan [Member] | Excess Facilities [Member]
Restructuring Cost and Reserve [Line Items]
Balance as of June 30, 2011	390
Cash payments	(201)
Foreign exchange	(6)
Balance as of September 30, 2011	183
Fiscal 2009 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Balance as of June 30, 2011	262
Cash payments	(67)
Foreign exchange	(40)
Balance as of September 30, 2011	155
Fiscal 2009 Restructuring Plan [Member] | Employee Termination Costs [Member]
Restructuring Cost and Reserve [Line Items]
Balance as of June 30, 2011	42
Foreign exchange	(42)
Fiscal 2009 Restructuring Plan [Member] | Excess Facilities [Member]
Restructuring Cost and Reserve [Line Items]
Balance as of June 30, 2011	220
Cash payments	(67)
Foreign exchange	2
Balance as of September 30, 2011	$ 155

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Acquired Intangible Assets (Calculation Of Acquired Intangibles By Asset Class) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Sep. 30, 2011
Acquired Finite-Lived Intangible Assets [Line Items]
Net book value during beginning of period	$ 344,995
Amortization expense	(33,831)
Foreign exchange and other impacts	(184)
Net book value during end of period	414,281
Operitel Corporation [Member] | Technology Assets [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Acquisition of intangible assets	2,761
Acquisition Of Global 360 [Member] | Technology Assets [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Acquisition of intangible assets	40,600
Technology Assets [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Net book value during beginning of period	203,630
Amortization expense	(20,790)
Foreign exchange and other impacts	(93)
Net book value during end of period	226,108
Weighted-average amortization period (in years) for acquired intangible assets	5
Operitel Corporation [Member] | Customer Assets [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Acquisition of intangible assets	1,840
Acquisition Of Global 360 [Member] | Customer Assets [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Acquisition of intangible assets	58,100
Customer Assets [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Net book value during beginning of period	141,365
Amortization expense	(13,041)
Foreign exchange and other impacts	(91)
Net book value during end of period	188,173
Weighted-average amortization period (in years) for acquired intangible assets	7
Operitel Corporation [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Acquisition of intangible assets	4,601
Acquisition Of Global 360 [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Acquisition of intangible assets	$ 98,700

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Long-Term Debt (Term Loan And Revolver) (Details) (USD $)	3 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Debt Instrument [Line Items]
Borrowings on the revolver	$ 48,500,000
Scenario, Previously Reported [Member] | Revolving Long-Term Credit Facility [Member]
Debt Instrument [Line Items]
Amount available to borrow	75,000,000
Minimum [Member] | Revolving Long-Term Credit Facility [Member]
Debt Instrument [Line Items]
Percentage of revolving line of credit fees	0.30%
Maximum [Member] | Revolving Long-Term Credit Facility [Member]
Debt Instrument [Line Items]
Percentage of revolving line of credit fees	0.50%
Term Loan [Member]
Debt Instrument [Line Items]
Original mortgage maturity date	seven
Interest addition to floating rate	2.25%
Percentage of term loans principal repayments	0.25%
Revolver credit agreement expiration date	seven
Debt maturity date	Oct. 02, 2013
Interest expense	1,800,000	1,900,000
Debt, periodic payments	700,000
Revolving Long-Term Credit Facility [Member]
Debt Instrument [Line Items]
Original mortgage maturity date	October 2, 2011
Revolver credit agreement term, years	5
Revolver credit agreement expiration date	October 2, 2011
Extended revolver days	60
Amount available to borrow	50,000,000
Borrowings on the revolver	48,500,000
Revolver credit agreement stand-by fees	60,000	60,000
Interest expense	600,000	0
Mortgage [Member]
Debt Instrument [Line Items]
Debt maturity date	Jan. 01, 2011
Interest expense	$ 100,000	$ 200,000

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Share Capital, Option Plans And Share-Based Payments (Summary Of Outstanding Stock Options) (Details) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended
	Sep. 30, 2011 years	Sep. 30, 2010
Share Capital, Option Plans And Share-Based Payments [Abstract]
Options outstanding beginning balance	2,277,733
Options granted	120,000	0
Options exercised to date	(475,181)
Options forfeited or expired	(500)
Options outstanding ending balance	1,922,052
Options exercisable	1,325,627
Options outstanding beginning balance, weighted-average exercise price	$ 24.51
Options granted, weighted-average exercise price	$ 52.15
Options exercised, weighted-average exercise price	$ 15.19
Options forfeited or expired, weighted-average exercise price	$ 17.99
Options outstanding ending balance, weighted-average exercise price	$ 28.54
Options exercisable, weighted-average exercise price	$ 22.53
Options outstanding, weighted-average remaining contractual term (years)	3.33
Options exercisable, weighted-average remaining contractual term (years)	2.48
Options exercisable, aggregate intrinsic value	$ 45,565
Options exercisable, aggregate intrinsic value	$ 39,224

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Basis Of Presentation (Components Of Comprehensive Income) (Details) (USD $) In Thousands	3 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Basis Of Presentation [Abstract]
Net income for the period	$ 34,986	$ 21,671
Foreign currency translation adjustments	(10,618)	5,977
Unrealized gain on marketable securities		44
Unrealized gain (loss) on cash flow hedges	(5,202)	1,570
Actuarial gain (loss) relating to defined benefit pension plans	(548)
Comprehensive income for the period	$ 18,618	$ 29,262

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Allowance For Doubtful Accounts (Changes In Carrying Amount Of Allowance For Doubtful Accounts) (Details) (USD $) In Thousands	3 Months Ended
	Sep. 30, 2011
Allowance For Doubtful Accounts [Abstract]
Beginning balance of allowance for doubtful accounts	$ 5,424
Bad debt expense for the period	1,065
Write-off /adjustments	(212)
Ending balance of allowance for doubtful accounts	$ 6,277

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Accounts Payable And Accrued Liabilities (Schedule Of Current Liabilities) (Details) (USD $) In Thousands	Sep. 30, 2011	Jun. 30, 2011
Accounts Payable And Accrued Liabilities [Abstract]
Accounts payable-trade	$ 12,016	$ 10,772
Accrued salaries and commissions	43,830	45,630
Accrued liabilities	72,215	60,060
Amounts payable in respect of restructuring and other special charges (note 16)	7,656	6,504
Accruals relating to acquisitions	1,018	1,042
Asset retirement obligations	1,270	2,241
Accounts payable and accrued liabilities	$ 138,005	$ 126,249

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Share Capital, Option Plans And Share-Based Payments (Tables)

3 Months Ended

Sep. 30, 2011

Share Capital, Option Plans And Share-Based Payments [Abstract]

Summary Of Share-based Compensation Costs

	Three months ended September 30,
	2011		2010
Stock options	$	798	$	997
Restricted stock units (legacy Vignette employees)		11		48
Deferred stock units (Directors)		65		52
Performance stock units (LTIP 3 and LTIP 4)		3,970		1,503
Total share-based compensation expense	$	4,844	$	2,600

Summary Of Outstanding Stock Options

	Options			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (years)		Aggregate Intrinsic Value ($'000s)
Outstanding at June 30, 2011		2,277,733		$	24.51
Granted		120,000			52.15
Exercised		(475,181	)		15.19
Forfeited or expired		(500	)		17.99
Outstanding at September 30, 2011		1,922,052		$	28.54		3.33	$	45,565
Exercisable at September 30, 2011		1,325,627		$	22.53		2.48	$	39,224

Schedule Of Weighted-Average Fair Value Of Options And Weighted-Average Assumptions Used

	Three months ended September 30,
	2011			2010
Weighted-average fair value of options granted	$	17.66			NA	*
Weighted-average assumptions used:
Expected volatility		40.5	%		NA
Risk—free interest rate		0.80	%		NA
Expected dividend yield		0	%		NA
Expected life (in years)		4.34			NA
Forfeiture rate (based on historical rates)		5	%		NA

* There were no options granted during the three months ended September 30, 2010.