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Share-based Compensation (Tables)
6 Months Ended
Dec. 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
 
Six Months Ended
 
December 31,
2014
 
December 31,
2013
 
December 31,
2014
 
December 31,
2013
Cost of product revenue
$
275

 
$
198

 
$
558

 
$
300

Cost of service revenue
272

 

 
563

 
40

Research and development
1,544

 
898

 
3,188

 
1,141

Sales and marketing
1,566

 
1,279

 
3,123

 
1,850

General and administrative
1,092

 
1,083

 
2,131

 
1,702

Total share-based compensation expense
$
4,749

 
$
3,458

 
$
9,563

 
$
5,033

Schedule of Share-based Compensation, Restricted Stock Units Activity
The following table summarizes stock award activity for the six months ended December 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, 2014
6,000

 
$
4.98

 
 
Granted
828

 
$
3.83

 
 
Vested
(1,805
)
 
$
5.25

 
$
6,689

Cancelled
(358
)
 
$
4.28

 
 
Non-vested stock outstanding at December 31, 2014
4,665

 
$
4.72

 
 
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes stock option activity under all plans for the six months ended December 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, 2014
11,732

 
$
4.26

 
5.13

 
6,846

Granted
1,063

 
$
4.21

 
 
 
 
Exercised
(381
)
 
$
3.29

 
 
 
$
329

Cancelled
(1,074
)
 
$
5.14

 
 
 
 
Options outstanding at December 31, 2014
11,340

 
$
4.20

 
4.96

 
$
1,618

Exercisable at December 31, 2014
5,373

 
$
3.86

 
3.99

 
$
1,225

Vested and expected to vest at December 31, 2014
10,396

 
$
4.17

 
4.87

 
$
1,573

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
 
Six Months Ended
 
Six Months Ended
 
December 31,
2014
 
December 31,
2013
 
December 31,
2014
 
December 31,
2013
 
December 31,
2014
 
December 31,
2013
 
December 31,
2014
 
December 31,
2013
Expected life
4.8 years

 
4.0 years

 
0.25 years

 
0.25 years

 
4.7 years

 
4.0 years

 
0.25 years

 
0.25 years

Risk-free interest rate
1.67
%
 
1.14
%
 
0.03
%
 
0.11
%
 
1.61
%
 
1.20
%
 
0.02
%
 
0.10
%
Volatility
54
%
 
55
%
 
63
%
 
47
%
 
54
%
 
56
%
 
57
%
 
41
%
Dividend yield
%
 
%
 
%
 
%
 
%
 
%
 
%
 
%