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Share-Based Compensation (Tables)
12 Months Ended
Jun. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Option Awards Fair Value Valuation Assumptions
The fair value of stock option awards was estimated using the Black-Scholes option-pricing model with the following assumptions and weighted-average fair values:
 
June 30,
 
2013
 
2012
 
2011
Risk-free interest rate
0.82
%
 
0.59% - 1.41%

 
1.33% - 2.64%

Dividend yield
%
 
%
 
%
Expected life in years
5.0 - 6.08

 
3.0 - 6.65

 
3.0 - 6.65

Expected volatility
127
%
 
119% - 137%

 
125% - 129%

Summary of Stock Option Activity
The following is a summary of stock option activity for the years ended June 30, 2013, 2012 and 2011:
 
Options (in thousands)
 
Weighted
Average
Exercise Price
 
Weighted
Average Remaining
Contractual Term (in years)
 
Aggregate Intrinsic Value (in thousands)
Outstanding at June 30, 2010
8,536

 
$
0.50

 
8.39
 
$
820

Granted
2,632

 
$
1.04

 
9.65
 
$
1,336

Exercised
(470
)
 
$
0.32

 
7.54
 
$
252

Forfeited
(200
)
 
$
0.74

 

 
 
Expired or Cancelled

 
$

 

 
 
Outstanding at June 30, 2011
10,498

 
$
0.64

 
7.93
 
$
9,139

Granted
2,086

 
$
1.89

 
9.61
 
$
2,122

Exercised
(1,612
)
 
$
0.45

 
6.97
 
$
2,038

Forfeited
(27
)
 
$
1.36

 

 
 
Expired or Cancelled

 
$

 

 
 
Outstanding at June 30, 2012
10,945

 
$
0.91

 
7.43
 
$
21,219

Granted
152

 
$
2.82

 
9.03
 
$

Exercised
(3,319
)
 
$
0.49

 
5.46
 
$
7,128

Forfeited
(768
)
 
$
1.54

 

 
 
Expired or Cancelled

 
 
 
 
 
 
Outstanding at June 30, 2013
7,010

 
$
1.08

 
6.71
 
$
9,211

Exercisable at June 30, 2013
5,609

 
$
0.81

 
6.30
 
$
8,574

Summary of Nonvested Restricted Shares
The following is a summary of restricted shares granted during the years ended June 30, 2013 and 2012:
Nonvested Shares
 
Shares (in thousands)
 
Weighted Average Grant Date Fair Value
Nonvested at June 30, 2011
 

 

Granted
 
164

 
$
3.34

Vested
 

 

Forfeited
 
(2
)
 
$
3.36

Nonvested at June 30, 2012
 
162

 
3.34

Vested at June 30, 2012
 

 

 
 


 
 
Granted
 
2,808

 
2.62

Vested
 
(37
)
 

Forfeited
 
(196
)
 
3.25

Nonvested at June 30, 2013
 
2,737

 
2.61

Vested at June 30, 2013
 

 

Summary of the Warrants Granted
The following is a summary of the warrant activity for the years ended June 30, 2013, 2012 and 2011 (in thousands):
 
Common
Stock
Warrants
Outstanding and exercisable, June 30, 2010
38,580

Issued
108

Cancelled

Exercised
(13,228
)
Expired

Outstanding and exercisable at June 30, 2011
25,460

Issued
270

Cancelled

Exercised
(12,563
)
Expired
(203
)
Outstanding and exercisable at June 30, 2012
12,964

Issued

Cancelled

Exercised
(4,723
)
Expired

Outstanding and exercisable at June 30, 2013
8,241