INCOME TAXES |
3 Months Ended |
|---|---|
Sep. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| INCOME TAXES | INCOME TAXES The Company’s effective tax rate for the three months ended September 30, 2026 was 22.0%. The Company’s effective tax rate differs from the Canadian federal and provincial statutory rate of 26.5% primarily due to tax benefits related to research and development credits and a net decrease in unrecognized tax benefits, partially offset by the impact of internal reorganizations. The Company’s effective tax rate for the three months ended September 30, 2025 was 21.1%. The Company’s effective tax rate for the three months ended September 30, 2025, differs from the Canadian federal and provincial statutory rate of 26.5% primarily due to tax benefits related to foreign tax credits, research and development credits, and changes in unrecognized tax benefits, partially offset by foreign source income inclusion in the U.S. and withholding taxes. As of September 30, 2026, the gross amount of unrecognized tax benefits accrued was $115.5 million (June 30, 2026 — $121.3 million), which is inclusive of interest and penalties accrued of $10.8 million (June 30, 2026 — $12.1 million).
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