Three Months Ended September 30, 2017

Per share diluted

GAAP-based net income, attributable to OpenText

$

36,596

$

0.14

Add:

Amortization

87,749

0.33

Share-based compensation

8,235

0.03

Special charges (recoveries)

18,031

0.07

Other (income) expense, net

(10,224)

(0.04)

GAAP-based provision for (recovery of) income taxes

27,369

0.10

Non-GAAP-based provision for income taxes

(25,178)

(0.09)

Non-GAAP-based net income, attributable to OpenText

$

142,578

$

0.54

Reconciliation of Adjusted EBITDA

Three months ended September 30, 2017

GAAP-based net income, attributable to OpenText

$

36,596

Add:

Provision for (recovery of) income taxes

27,369

Interest and other related expense, net

33,811

Amortization of acquired technology-based intangible assets

43,960

Amortization of acquired customer-based intangible assets

43,789

Depreciation

18,878

Share-based compensation

8,235

Special charges (recoveries)

18,031

Other (income) expense, net

(10,224)

Adjusted EBITDA

$

220,445

(3)

The following tables provide a composition of our major currencies for revenue and expenses, expressed as a percentage, for the three months ended September 30, 2018 and 2017:

Three Months Ended September 30, 2018

Three Months Ended September 30, 2017

Currencies

% of Revenue 

% of Expenses* 

% of Revenue 

% of Expenses* 

EURO

23

%

14

%

21

%

14

%

GBP

6

%

6

%

6

%

6

%

CAD

4

%

11

%

4

%

11

%

USD

58

%

50

%

60

%

52

%

Other

9

%

19

%

9

%

17

%

Total

100

%

100

%

100

%

100

%