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Subsequent Events
3 Months Ended
Sep. 30, 2012
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events
On October 1, 2012, the Company announced that the Board of Directors authorized a share repurchase program for a maximum of $75 million to be purchased in the open market as and when deemed appropriate by the Company's management, in accordance with applicable U.S. securities laws and subject to limitations under the Internal Revenue Code in order to preserve the Company's net operating loss position. No purchases have been made as of the date of this filing.
On October 15, 2012, the Company entered into an agreement to lease approximately 56,218 square feet of space in Morrisville, North Carolina.  The lease commences on January 1, 2013 and will continue for an initial term of 7.8 years that expires on October 30, 2020.  The annual rent will be approximately $1.2 million in the initial year, increasing to approximately $1.4 million in the final year of the lease. The Company has two options to renew the lease for 5 years each.