CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2020	Jun. 30, 2020
ASSETS
Cash and cash equivalents	$ 1,845,582	$ 1,692,850
Accounts receivable trade, net of allowance for credit losses of $22,366 as of September 30, 2020 and $20,906 as of June 30, 2020 (note 1 and note 4)	396,897	466,357
Contract assets (note 3)	26,236	29,570
Income taxes recoverable (note 15)	26,869	61,186
Prepaid expenses and other current assets	140,474	136,436
Total current assets	2,436,058	2,386,399
Property and equipment (note 5)	235,498	244,555
Operating lease right of use assets (note 6)	196,884	207,869
Long-term contract assets (note 3)	19,066	15,427
Goodwill (note 7)	4,682,784	4,672,356
Acquired intangible assets (note 8)	1,506,407	1,612,564
Deferred tax assets (note 15)	893,256	911,565
Other assets (note 9)	161,142	154,467
Long-term income taxes recoverable (note 15)	30,719	29,620
Total assets	10,161,814	10,234,822
Current liabilities:
Accounts payable and accrued liabilities (note 10)	313,468	373,314
Current portion of long-term debt (note 11)	610,000	610,000
Operating lease liabilities (note 6)	60,447	64,071
Deferred revenues (note 3)	770,919	812,218
Income taxes payable (note 15)	29,666	44,630
Total current liabilities	1,784,500	1,904,233
Long-term liabilities:
Accrued liabilities (note 10)	42,081	34,955
Pension liability (note 12)	78,536	73,129
Long-term debt (note 11)	3,582,923	3,584,311
Long-term operating lease liabilities (note 6)	207,723	217,165
Long-term deferred revenues (note 3)	96,180	94,382
Long-term income taxes payable (note 15)	176,396	171,200
Deferred tax liabilities (note 15)	125,755	148,738
Total long-term liabilities	4,309,594	4,323,880
Shareholders’ equity:
Share capital and additional paid-in capital (note 13): 272,173,923 and 271,863,354 Common Shares issued and outstanding at September 30, 2020 and June 30, 2020, respectively; authorized Common Shares: unlimited	1,872,411	1,851,777
Accumulated other comprehensive income (note 20)	39,695	17,825
Retained earnings	2,213,053	2,159,396
Treasury stock, at cost (1,393,771 and 622,297 shares at September 30, 2020 and June 30, 2020, respectively)	(58,788)	(23,608)
Total OpenText shareholders' equity	4,066,371	4,005,390
Non-controlling interests	1,349	1,319
Total shareholders’ equity	4,067,720	4,006,709
Total liabilities and shareholders’ equity	$ 10,161,814	$ 10,234,822