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Stock-Based Compensation (Tables)
12 Months Ended
Jun. 30, 2015
Stock-Based Compensation  
Weighted average assumptions

 

                                                                                                                                                                                    

 

 

Year Ended June 30,

 

 

 

2015

 

2014

 

2013

 

Risk-free interest rate

 

 

1.5 

%

 

1.3 

%

 

0.6 

%

Expected dividend yield

 

 

None

 

 

None

 

 

None

 

Expected life (in years)

 

 

4.6 

 

 

4.6 

 

 

4.8 

 

Expected volatility factor

 

 

35 

%

 

39 

%

 

49 

%

 

Stock-based compensation expense

 

                                                                                                                                                                                    

 

 

Year Ended June 30,

 

 

 

2015

 

2014

 

2013

 

 

 

(Dollars in Thousands)

 

Recorded as expenses:

 

 

 

 

 

 

 

 

 

 

Cost of service and other

 

$

1,351 

 

$

1,239 

 

$

1,281 

 

Selling and marketing

 

 

3,056 

 

 

3,280 

 

 

3,890 

 

Research and development

 

 

3,881 

 

 

4,129 

 

 

2,969 

 

General and administrative

 

 

6,296 

 

 

5,408 

 

 

6,497 

 

​  

​  

​  

​  

​  

​  

Total stock-based compensation

 

$

14,584 

 

$

14,056 

 

$

14,637 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Stock options and RSU activity

 

                                                                                                                                                                                    

 

 

Stock Options

 

Restricted Stock Units

 

 

 

Shares

 

Weighted
Average
Exercise
Price

 

Weighted
Average
Remaining
Contractual
Term

 

Aggregate
Intrinsic
Value
(in 000's)

 

Shares

 

Weighted
Average
Grant
Date Fair
Value

 

Outstanding at June 30, 2014

 

 

1,246,528

 

$

20.30

 

 

7.14

 

$

32,543

 

 

617,269

 

$

25.74

 

Granted

 

 

315,521

 

 

42.66

 

 

 

 

 

 

 

 

373,071

 

 

42.65

 

Settled (RSUs)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(408,654

)

 

27.23

 

Exercised

 

 

(308,847

)

 

15.10

 

 

 

 

 

 

 

 

 

 

 

 

 

Cancelled / Forfeited

 

 

(38,945

)

 

25.96

 

 

 

 

 

 

 

 

(39,254

)

 

27.29

 

​  

​  

​  

​  

Outstanding at June 30, 2015

 

 

1,214,257

 

$

27.25

 

 

7.26

 

$

22,232

 

 

542,432

 

$

36.13

 

​  

​  

​  

​  

​  

​  

​  

​  

Exercisable at June 30, 2015

 

 

764,052

 

$

22.00

 

 

6.55

 

$

18,000

 

 

 

 

 

 

 

Vested and expected to vest at June 30, 2015

 

 

1,160,576

 


$

26.57

 

 

7.17

 


$

22,024

 

 

478,028

 


$

36.48