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STOCK BASED COMPENSATION (Tables)
12 Months Ended
Jun. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-based compensation expense
The following table shows total stock-based compensation expense included in the Consolidated Statements of Operations for fiscal 2018, 2017 and 2016 (in thousands):
 
Years Ended June 30,
 
2018

2017
 
2016
Cost of revenues
$
360

 
$
264

 
$
448

Research and development
1,873

 
1,861

 
2,296

Sales, general and administrative
975

 
660

 
975

 
$
3,208


$
2,785

 
$
3,719

Option activity for Company's stock incentive plans
The following is a summary of option activity for the Company’s stock incentive plans for fiscal 2018, 2017 and 2016:
 
Common Stock Options Outstanding
 
Number
of Shares
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Life (Years)
 
Aggregate
Intrinsic
Value
 
 
 
 
 
 
 
(In thousands)
Balance, June 30, 2015
2,301,144

 
$
2.38

 
3.82
 
$
67,969

Exercised
(171,263
)
 
$
6.46

 
 
 
 
Forfeitures and cancellations
(4,574
)
 
$
13.82

 
 
 
 
Balance, June 30, 2016
2,125,307

 
$
2.03

 
2.65
 
$
77,850

Exercised
(502,350
)
 
$
2.86

 
 
 
 
Forfeitures and cancellations
(1,356
)
 
$
11.72

 
 
 
 
Balance, June 30, 2017
1,621,601

 
$
1.76

 
1.55
 
$
81,413

Exercised
(1,484,110
)
 
$
1.08

 
 
 
 
Balance, June 30, 2018
137,491

 
$
9.15

 
3.62
 
$
10,390

Vested and expected to vest as of June 30, 2018
137,491

 
$
9.15

 
3.62
 
$
10,390

Vested and exercisable as of June 30, 2018
137,491

 
$
9.15

 
3.62
 
$
10,390

Stock options outstanding by exercise price range
Additional information regarding options outstanding as of June 30, 2018 is as follows:
 
 
Options Outstanding & Exercisable
 
 
Range of Exercise Prices
 
Number of
Options
 
Weighted
Average
Remaining
Contractual
Life (Years)
 
Weighted
Average
Exercise
Price
$0.01 - $8.30
 
36,878

 
2.28
 
$
3.61

$8.31 - $11.74
 
84,514

 
4.23
 
$
10.69

$11.75 - $14.99
 
11,673

 
3.46
 
$
12.65

$15.00 - $18.48
 
2,676

 
3.42
 
$
15.33

$18.49 - $19.99
 
1,750

 
3.48
 
$
18.92

 
 
137,491

 

 


Activity of RSUs
The following table summarizes the activity of the RSUs made by the Company:
 
Number of Shares
 
Weighted Average Grant Date Fair Value
Non-vested RSUs, June 30, 2016
400,635

 
$
26.95

RSUs granted
132,746

 
$
31.38

RSUs vested
(141,159
)
 
$
23.54

RSUs canceled
(120,251
)
 
$
31.84

Non-vested RSUs, June 30, 2016
271,971

 
$
28.72

RSUs granted
72,023

 
$
55.33

RSUs vested
(120,649
)
 
$
25.29

RSUs canceled
(42,972
)
 
$
33.45

Non-vested RSUs, June 30, 2017
180,373

 
$
40.51

RSUs granted
69,188

 
$
64.66

RSUs vested
(78,358
)
 
$
38.09

RSUs canceled
(27,103
)
 
$
41.45

Non-vested RSUs, June 30, 2018
144,100

 
$
53.24