OpenText Reports Second Quarter Fiscal Year 2014 Financial Results

OTEX-F

For more information, please contact:

United States:

Greg Secord
Vice President, Investor Relations
Open Text Corporation
San Francisco: 415-963-0825
Email Contact

Canada:

Sonya Mehan
Senior Manager, Investor Relations
Open Text Corporation
Waterloo: 519-888-7111 ext. 2446
Email Contact

Copyright ©2014 Open Text Corporation. OpenText is a trademark or registered trademark of Open Text SA and/or Open Text ULC. The list of trademarks is not exhaustive of other trademarks, registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text SA or other respective owners. All rights reserved. For more information, visit: http://www.opentext.com/2/global/site-copyright.html_SKU.


OPEN TEXT CORPORATION

CONDENSED CONSOLIDATED BALANCE SHEETS

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



December 31, 2013


June 30, 2013


(Unaudited)



ASSETS




Cash and cash equivalents

$

515,354


$

470,445

Accounts receivable trade, net of allowance for doubtful accounts of $3,937 as of December 31, 2013 and $4,871 as of June 30, 2013

173,347


174,927

Income taxes recoverable

14,048


17,173

Prepaid expenses and other current assets

48,348


43,464

Deferred tax assets

10,671


11,082

Total current assets

761,768


717,091

Property and equipment

96,737


88,364

Goodwill

1,267,317


1,246,872

Acquired intangible assets

324,185


363,615

Deferred tax assets

133,502


135,695

Other assets

26,648


25,082

Deferred charges

60,005


67,633

Long-term income taxes recoverable

10,560


10,465

Total assets

$

2,680,722


$

2,654,817

LIABILITIES AND SHAREHOLDERS' EQUITY




Current liabilities:




Accounts payable and accrued liabilities

$

188,896


$

188,443

Current portion of long-term debt

54,994


51,742

Deferred revenues

246,738


282,387

Income taxes payable

6,494


4,184

Deferred tax liabilities

1,150


1,127

Total current liabilities

498,272


527,883

Long-term liabilities:




Accrued liabilities

19,344


17,849

Deferred credits

18,401


11,608

Pension liability

25,062


24,509

Long-term debt

491,250


513,750

Deferred revenues

13,014


11,830

Long-term income taxes payable

146,848


140,508

Deferred tax liabilities

62,245


69,672

Total long-term liabilities

776,164


789,726

Shareholders' equity:




Share capital




59,159,544 and 59,028,886 Common Shares issued and outstanding at December 31, 2013 and June 30, 2013, respectively; Authorized Common Shares: unlimited

656,901


651,642

Additional paid-in capital

105,281


101,865

Accumulated other comprehensive income

42,677


39,890

Retained earnings

621,547


572,885

Treasury stock, at cost (416,707 shares at December 31, 2013 and 610,878 at June 30, 2013, respectively)

(20,120)


(29,074)

Total shareholders' equity

1,406,286


1,337,208

Total liabilities and shareholders' equity

$

2,680,722


$

2,654,817


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12  Next Page »



Review Article Be the first to review this article
CST Webinar Series

EMA:

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Retail Therapy: Jump starting Black Friday
Peggy AycinenaIP Showcase
by Peggy Aycinena
REUSE 2016: Addressing the Four Freedoms
More Editorial  
Jobs
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
AE-APPS SUPPORT/TMM for EDA Careers at San Jose-SOCAL-AZ, CA
ACCOUNT MANAGER MUNICH GERMANY EU for EDA Careers at MUNICH, Germany
Manager, Field Applications Engineering for Real Intent at Sunnyvale, CA
Upcoming Events
Zuken Innovation World 2017, April 24 - 26, 2017, Hilton Head Marriott Resort & Spa in Hilton Head Island, SC at Hilton Head Marriott Resort & Spa Hilton Head Island NC - Apr 24 - 26, 2017
CST Webinar Series



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy