CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 30, 2019
ASSETS
Cash and cash equivalents	$ 1,692,850	$ 941,009
Accounts receivable trade, net of allowance for doubtful accounts of $20,906 as of June 30, 2020 and $17,011 as of June 30, 2019 (note 4)	466,357	463,785
Contract assets (note 3)	29,570	20,956
Income taxes recoverable (note 15)	61,186	38,340
Prepaid expenses and other current assets	136,436	97,238
Total current assets	2,386,399	1,561,328
Property and equipment (note 5)	244,555	249,453
Operating lease right of use assets (note 6)	207,869
Long-term contract assets (note 3)	15,427	15,386
Goodwill (note 7)	4,672,356	3,769,908
Acquired intangible assets (note 8)	1,612,564	1,146,504
Deferred tax assets (note 15)	911,565	1,004,450
Other assets (note 9)	154,467	148,977
Long-term income taxes recoverable (note 15)	29,620	37,969
Total assets	10,234,822	7,933,975
Current liabilities:
Accounts payable and accrued liabilities (note 10)	373,314	329,903
Current portion of long-term debt (note 11)	610,000	10,000
Operating lease liabilities (note 6)	64,071
Deferred revenues (note 3)	812,218	641,656
Income taxes payable (note 15)	44,630	33,158
Total current liabilities	1,904,233	1,014,717
Long-term liabilities:
Accrued liabilities (note 10)	34,955	49,441
Pension liability (note 12)	73,129	75,239
Long-term debt (note 11)	3,584,311	2,604,878
Long-term operating lease liabilities (note 6)	217,165
Deferred revenues (note 3)	94,382	46,974
Long-term income taxes payable (note 15)	171,200	202,184
Deferred tax liabilities (note 15)	148,738	55,872
Total long-term liabilities	4,323,880	3,034,588
Shareholders’ equity:
Share capital and additional paid-in capital (note 13): 271,634,149 and 269,834,442 Common Shares issued and outstanding at June 30, 2020 and June 30, 2019, respectively; authorized Common Shares: unlimited	1,851,777	1,774,214
Accumulated other comprehensive income (note 21)	17,825	24,124
Retained earnings	2,159,396	2,113,883
Treasury stock, at cost (622,297 shares at June 30, 2020 and 802,871 shares at June 30, 2019, respectively)	(23,608)	(28,766)
Total OpenText shareholders' equity	4,005,390	3,883,455
Non-controlling interests	1,319	1,215
Total shareholders’ equity	4,006,709	3,884,670
Total liabilities and shareholders’ equity	$ 10,234,822	$ 7,933,975