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Net (Loss) Income Per Share
 9 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Net (Loss) Income Per Share
Net (Loss) Income Per Share
Basic earnings per share is calculated by dividing net income by the weighted average number of common shares outstanding during the period, less shares subject to repurchase, and excludes any dilutive effects of options, warrants and unvested restricted stock. Dilutive earnings per share is calculated by dividing net income by the weighted average number of common shares used in the basic earnings per share calculation plus the dilutive effect of shares subject to repurchase, options, warrants and unvested restricted stock.

The following table presents the calculation of basic and diluted net (loss) income per share (in thousands, except per share data): 
 
Three Months Ended
 
Nine Months Ended
 
March 31,
2014
 
March 31,
2013
 
March 31,
2014
 
March 31,
2013
Net (loss) income
$
(25,058
)
 
$
(2,220
)
 
$
(41,079
)
 
$
6,489

Weighted-average shares used in per share calculation – basic
96,069

 
92,968

 
95,116

 
94,069

Incremental shares using the treasury stock method:
 
 
 
 
 
 
 
Stock options
—

 
—

 
—

 
391

Restricted stock units
—

 
—

 
—

 
526

Employee Stock Purchase Plan
—

 
—

 
—

 
108

Weighted -average share used in per share calculation – diluted
96,069

 
92,968

 
95,116

 
95,094

Net (loss) income per share – basic
$
(0.26
)
 
$
(0.02
)
 
(0.43
)
 
0.07

Net (loss) income per share – diluted
$
(0.26
)
 
$
(0.02
)
 
(0.43
)
 
0.07


Potentially dilutive common shares from employee incentive plans are determined by applying the treasury stock method to the assumed exercise of outstanding stock options, the assumed vesting of outstanding restricted stock units, and the assumed issuance of common stock under the stock purchase plan. Weighted stock options outstanding with an exercise price higher than the Company's average stock price for the periods presented are excluded from the calculation of diluted net income per share since the effect of including them would have been anti-dilutive due to the net income position of the Company during the periods presented. For the three months ended March 31, 2014 and 2013, the Company excluded 4.4 million and 7.1 million outstanding weighted average stock options and awards, respectively, from the calculation of diluted earnings per common share because they would have been anti-dilutive.  For the nine months ended March 31, 2014 and 2013, the Company excluded 3.6 million and 7.2 million outstanding weighted average stock options and awards, respectively, from the calculation of diluted earnings per common share because they would have been anti-dilutive.