Table:
|  |  |  | Year Ended June 30, |  |  |
| --- | --- | --- | --- | --- | --- |
| (In thousands) | 2019 | Change increase (decrease)) | 2018 | Change increase (decrease)) | 2017 |
| Foreign exchange gains (losses) | $(4,330) | $(9,175) | $4,845 | $1,776 | $3,069 |
| OpenText share in net income (loss) of equity investees (note 8) | 13,668 | 7,703 | 5,965 | 13 | 5,952 |
| Income from long-term other receivable | — | (1,327) | 1,327 | (5,099) | 6,426 |
| Gain on shares held in Guidance (1) | — | (841) | 841 | 841 | — |
| Gain from contractual settlement (2) | — | (5,000) | 5,000 | 5,000 | — |
| Other miscellaneous income (expense) | 818 | 823 | (5) | (301) | 296 |
| Total other income (expense), net | $10,156 | $(7,817) | $17,973 | $2,230 | $15,743 |
Paragraphs:
Other Income (Expense), Net
Other income (expense), net relates to certain non-operational charges primarily consisting of income or losses in our share of marketable equity securities accounted for under the equity method and of transactional foreign exchange gains (losses). The income (expense) from foreign exchange is dependent upon the change in foreign currency exchange rates vis-àvis the functional currency of the legal entity.
(1) Represents the release to income from other comprehensive income relating to the mark to market on shares we held in Guidance prior to our acquisition in the first quarter of Fiscal 2018.
(2) Represents a gain recognized in connection with the settlement of a certain breach of contractual arrangement in the second quarter of Fiscal 2018.
Question:
What is the income (expense) from foreign exchange is dependent on?
Answer: the change in foreign currency exchange rates vis-àvis the functional currency of the legal entity.