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Share-Based Compensation (Tables)
12 Months Ended
Jun. 30, 2015
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,
 
2015
 
2014
 
2013
Risk-free interest rate
N/A
 
N/A
 
0.82%

Dividend yield
N/A
 
N/A
 
%
Expected life in years
N/A
 
N/A
 
5.0- 6.08

Expected volatility
N/A
 
N/A
 
127%

Summary of Stock Option Activity
The following is a summary of stock option activity for the years ended June 30, 2015, 2014, and 2013:
 
Options (in thousands)
 
Weighted
Average
Exercise Price
 
Weighted
Average Remaining
Contractual Term (in years)
 
Aggregate Intrinsic Value (in thousands)
Outstanding at June 30, 2012
10,945

 
$
0.91

 

 


 
 
 
 
 
 
 
 
Granted
152

 
$
2.82

 

 


Exercised
(3,319
)
 
0.49

 

 
$
7,128

Forfeited
(768
)
 
1.54

 

 
 
Expired or Canceled

 

 

 
 
Outstanding at June 30, 2013
7,010

 
1.08

 

 


 
 
 
 
 
 
 
 
Granted

 
$

 

 


Exercised
(1,400
)
 
0.69

 

 
$
2,282

Forfeited
(469
)
 
1.84

 

 
 
Expired or Canceled

 

 

 
 
Outstanding at June 30, 2014
5,141

 
1.18

 

 


 
 
 
 
 
 
 
 
Granted

 
$

 

 


Exercised
(155
)
 
0.72

 

 
$
60

Forfeited
(1,756
)
 
1.31

 

 
 
Expired or Canceled

 

 
 
 
 
Outstanding at June 30, 2015
3,230

 
1.12

 
4.87
 
$
113

Exercisable at June 30, 2015
3,119

 
$
1.07

 
4.80
 
$
113

Schedule of Nonvested Restricted Shares
The following is a summary of restricted shares granted during the years ended June 30, 2015, 2014, and 2013:
Nonvested Shares
 
Shares (in thousands)
 
Weighted Average Grant Date Fair Value
Nonvested at June 30, 2012
 
162

 

 
 
 
 
 
Granted
 
2,808

 
$
2.62

Vested
 
(37
)
 
3.34

Forfeited
 
(196
)
 
3.25

Nonvested at June 30, 2013
 
2,737

 
2.61

Vested at June 30, 2013
 

 

 
 
 
 
 
Granted
 
225

 
$
1.79

Vested
 
(760
)
 
2.65

Forfeited
 
(478
)
 
2.55

Nonvested at June 30, 2014
 
1,724

 
2.46

Vested at June 30, 2014
 

 

 
 
 
 
 
Granted
 
1,325

 
$
0.8

Vested
 
(531
)
 
2.37

Forfeited
 
(770
)
 
2.22

Nonvested at June 30, 2015
 
1,748

 
1.34

Vested at June 30, 2015
 

 

Share-based Awards other Than Option Fair Value Valuation Assumptions
The fair value of Performance Stock Units granted was estimated using a Monte Carlo simulation model which included the following assumptions in order to reflect the performance conditions that must be satisfied for the share units to vest:
 
June 30, 2015
Risk-free interest rate
1.07
%
Dividend yield
%
Expected volatility - company
54.1
%
Expected volatility - peer company
15.7
%
Total measurement period (years)
3.0

Summary of Nonvested Restricted Stock Units
The following is a summary of Performance Stock Units granted during the year ended June 30, 2015:
 
Number of Units (in thousands)
 
Weighted Average Grant Date Fair Value
Nonvested at June 30, 2014

 

 
 
 
 
Granted
1,600

 
$
1.54

Vested

 

Forfeited
(800
)
 
1.54

Nonvested at June 30, 2015
800

 
1.54

Vested at June 30, 2015

 

Schedule of Performance Share Units Activity
The following is a summary of cash settled performance units granted during the years ended June 30, 2015 and 2014:
 
Number of Units (in thousands)
 
Weighted Average Grant Date Fair Value
Outstanding at June 30, 2013, nonvested

 
$

Granted
245

 
1.48

Vested
(214
)
 

Forfeited
(31
)
 
1.51

Outstanding at June 30, 2014, nonvested

 

Granted
482

 
1.15

Vested
(353
)
 

Forfeited
(129
)
 
1.16

Outstanding at June 30, 2015, nonvested

 

Summary of the Warrants Granted
The following is a summary of the warrant activity for the years ended June 30, 2015, 2014, and 2013 (in thousands):
 
Common
Stock
Warrants
Outstanding and exercisable, June 30, 2012
12,964

 
 
Issued

Canceled

Exercised
(4,723
)
Expired

Outstanding and exercisable at June 30, 2013
8,241

 
 
Issued

Canceled

Exercised
(3,996
)
Expired

Outstanding and exercisable at June 30, 2014
4,245

 
 
Issued

Canceled

Exercised
(3,637
)
Expired

Outstanding and exercisable at June 30, 2015
608