Employee Benefit Plans (Tables)

12 Months Ended

Jun. 30, 2019

Share Based Compensation [Abstract]

Shares Reserved for Issuance

The following are shares reserved for issuance (in thousands):

	June 30, 2019		June 30, 2018
2013 Equity Incentive Plan shares available for grant		8,462		9,957
Employee stock options and awards outstanding		10,455		12,060
2014 Employee Stock Purchase Plan		10,085		5,365
Total shares reserved for issuance		29,002		27,382

Summary of Stock Option Activity

The following table summarizes stock option activity under all plans (shares and intrinsic value in thousands):

	Number of Shares			Weighted-Average Exercise Price Per Share		Weighted-Average Remaining Contractual Term (years)		Aggregate Intrinsic Value
Options outstanding at June 30, 2018		2,193		$	3.88		2.90	$	8,996
Granted		852			6.40
Exercised		(252	)		3.84
Cancelled		(74	)		6.01
Options outstanding at June 30, 2019		2,719		$	4.61		3.26	$	5,070
Vested and expected to vest at June 30, 2019		2,719		$	4.61		3.26	$	5,070
Exercisable at June 30, 2019		1,939		$	3.88		2.09	$	5,016

Summary of Stock Award Activity

The following table summarizes stock award activity (shares and market value in thousands):

	Number of Shares			Weighted- Average Grant Date Fair Value		Aggregate Fair Market Value
Non-vested stock awards outstanding at June 30, 2018		7,764		$	8.60
Granted		4,698			6.39
Released		(3,637	)		7.72
Cancelled		(1,089	)		8.58
Non-vested stock awards outstanding at June 30, 2019		7,736		$	7.67	$	49,700
Vested and expected to vest at June 30, 2019		7,406		$	7.53	$	47,568

Schedule of PSUs Earned and Vested Based on Stock Price Appreciation (Stock Price PSUs)

The Stock Price PSUs represent the right to receive a number of shares of common stock up to one and one-third of the target number of Stock Price PSUs. They are earned, and vest as follows based on the average adjusted closing stock price of the Company’s common stock for the 90 days ending as of May 4, 2020, subject to the grantees’ continued service through the certification of performance:

Average adjusted closing stock price	Shares earned
at least $8.96 but less than $11.63	One-third
at least $11.63 but less than $13.15	Two-thirds
at least $13.15 but less than $16.56	100%
$16.56 or more	One and one-third

Schedule of PSUs Earned and Vested Based on Total Stockholder Return Relative to S&P Small Cap 600 Capped Information Technology Index (TSR PSUs)

The TSR PSUs represent the right to receive a number of shares of common stock up to 130% of the target number of TSR PSUs. They are earned, and vest as follows based on the positive percentage point difference between the Company’s total stockholder return and the total stockholder return for the S&P Small Cap 600 Capped Information Technology Index over the performance period from May 4, 2017 to May 4, 2020, subject to the grantees’ continued service through the certification of performance:

Level	Percentage point difference between Company TSR and index TSR			Shares earned
Threshold		0	%		0	%
Target		+ 25	%		100	%
Maximum		+ 35	%		130	%

Summary of PSUs with Market or Performance Based Conditions Granted

The following table summarizes PSU’s with market or performance based conditions granted and the number of awards that have satisfied the relevant market or performance criteria in each period (in thousands):

	Fiscal year 2019		Fiscal year 2018		Fiscal year 2017
Performance awards granted		635		714		2,106
Performance awards earned		342		566		839

Schedule of Recognized Share-based Compensation Expense

Share-based compensation expense recognized in the financial statements by line item caption is as follows (in thousands):

	Year Ended
	June 30, 2019		June 30, 2018		June 30, 2017
Cost of product revenue	$	844	$	564	$	333
Cost of service revenue		1,639		1,131		589
Research and development		10,443		7,642		3,312
Sales and marketing		11,747		9,843		4,253
General and administrative		8,224		8,453		4,146
Total share-based compensation expense	$	32,897	$	27,633	$	12,633

Schedule of Fair Value Assumptions for Stock Options and Employee Stock Purchase Plan Awards

The weighted-average estimated per share fair value of shares purchased under the 2014 ESPP in fiscal years 2019, 2018 and 2017, was $2.71, $3.25 and $1.24, respectively.

	Employee Stock Purchase Plan
	Year Ended
	June 30, 2019			June 30, 2018			June 30, 2017
Expected life	0.5 years			0.5 years			0.5 years
Risk-free interest rate	2.22%-2.46%			1.64%-1.15%				0.40	%
Volatility		70	%		42	%	46%-37%
Dividend yield		—	%		—	%		—	%