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Share-based Compensation (Tables)
9 Months Ended
Mar. 31, 2014
Share-based Compensation [Abstract]  
Schedule of Recognized Share-based Compensation Expense
Share-based compensation expense recognized in the condensed consolidated financial statements by line item caption is as follows (in thousands):
 
Three Months Ended
 
Nine Months Ended
 
March 31,
2014
 
March 31,
2013
 
March 31,
2014
 
March 31,
2013
Cost of product revenue
$
268

 
$
118

 
$
568

 
$
413

Cost of service revenue
420

 
61

 
623

 
304

Research and development
1,419

 
268

 
2,559

 
988

Sales and marketing
1,765

 
756

 
3,614

 
2,051

General and administrative
970

 
638

 
2,510

 
1,869

Total share-based compensation expense
$
4,842

 
$
1,841

 
$
9,874

 
$
5,625

Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes stock option activity under all plans for the nine months ended March 31, 2014:
 
 
Number of
Shares
(000’s)
 
Weighted-
Average
Exercise Price
Per Share
 
Weighted-
Average
Remaining
Contractual
Term (years)
 
Aggregate
Intrinsic Value
(000’s)
Options outstanding at June 30, 2013
9,145

 
$
3.66

 
 
 
 
Granted
6,097

 
$
5.22

 
 
 
 
Exercised
(1,676
)
 
$
3.60

 
 
 
$
1,036

Cancelled
(1,323
)
 
$
4.92

 
 
 
 
Options outstanding at March 31, 2014
12,243

 
$
4.31

 
5.50
 
$
18,367

Exercisable at March 31, 2014
3,926

 
$
3.78

 
3.80
 
$
8,040

Vested and expected to vest at March 31, 2014
11,247

 
$
4.28

 
5.42
 
$
17,301

Schedule of Share-based Compensation, Restricted Stock Units Award Activity
The following table summarizes stock award activity for the nine months ended March 31, 2014:
 
 
Number of
Shares
(000’s)
 
Weighted-
Average Grant-
Date Fair Value
 
Aggregate Fair Market Value ($000's)
Non-vested stock outstanding at June 30, 2013
2,686

 
$
3.09

 
 
Granted
5,037

 
$
5.56

 
 
Vested
852

 
$
3.51

 
$
4,982

Cancelled
515

 
$
2.62

 
 
Non-vested stock outstanding at March 31, 2014
9,090

 
$
4.47

 
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
 
Stock Option Plan
 
Employee Stock Purchase Plan
 
Stock Option Plan
 
Employee Stock Purchase Plan
 
Three Months Ended
 
Three Months Ended
 
Nine Months Ended
 
Nine Months Ended
 
March 31,
2014
 
March 31,
2013
 
March 31,
2014
 
March 31,
2013
 
March 31,
2014
 
March 31,
2013
 
March 31,
2014
 
March 31,
2013
Expected life
5 years

 
4 years

 
0.25 years

 
0.25 years

 
4 years

 
5 years

 
0.25 years

 
0.25 years

Risk-free interest rate
1.41
%
 
0.72
%
 
0.09
%
 
0.10
%
 
1.23
%
 
0.71
%
 
0.10
%
 
0.07
%
Volatility
57
%
 
62
%
 
57
%
 
42
%
 
56
%
 
60
%
 
51
%
 
53
%
Dividend yield
%
 
%
 
%
 
%
 
%
 
%
 
%
 
%