Share-Based Payments (Tables)

9 Months Ended

Mar. 31, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]



	Shares	Weighted Average Grant Date Fair Value
Nonvested at June 30, 2012	2,886,668	$29.45

Granted	—	—
Vested	(75,833)	$12.22
Forfeited and cancelled	(941,667)	$28.35
Nonvested at March 31, 2013	1,869,168	$31.11

Schedule of Stock Options

The following table summarizes the Company's stock option activity for three months ended March 31, 2013:



	Number of Options	Weighted average exercise price
Outstanding at June 30, 2012	3,067,503	$6.24
Granted	15,428,546	$0.88
Exercised	—	—
Forfeited and cancelled	(2,418,003)	$1.93
Outstanding at March 31, 2013	16,078,046	$1.96
Exercisable at March 31, 2013	5,753,926	$2.18

Schedule weighted average assumptions

The fair value of the options granted during the three months and nine months ended March 31, 2013 and 2012 were estimated based on the following weighted average assumptions:



	Three Months Ended March 31,		Nine Months Ended March 31,
	2013	2012	2013	2012
Expected volatility	80%	69%	80%	60%
Risk-free interest rate	0.32%	1.14%	0.92%	1.22%
Expected dividend yield	—	—	—	—
Expected life (in years)	6.21	6.25	6.46	6.25
Estimated fair value per option granted	$0.81	$3.81	$0.95	$4.12