Stock-Based Compensation (Tables)

6 Months Ended

Dec. 31, 2015

Stock-Based Compensation

Weighted average assumptions

	Six Months Ended
	December 31,
	2015		2014
Risk-free interest rate	1.4	%	1.5	%
Expected dividend yield	0.0	%	0.0	%
Expected life (in years)	4.6		4.5
Expected volatility factor	34.1	%	35.0	%

Stock-based compensation expense

	Three Months Ended				Six Months Ended
	December 31,				December 31,
	2015		2014		2015		2014
	(Dollars in Thousands)
Recorded as expenses:
Cost of services and other	$	350	$	339	$	707	$	677
Selling and marketing	837		754		1,750		1,504
Research and development	848		973		1,672		1,964
General and administrative	1,477		1,396		3,806		3,521
Total stock-based compensation	$	3,512	$	3,462	$	7,935	$	7,666

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, 2015	1,214,257		$	27.25	7.26	$	22,232	542,432		$	36.13
Granted	379,315		43.95					347,975		43.94
Settled (RSUs)	—							(164,812	)	36.35
Exercised	(115,474	)	21.14					—
Cancelled / Forfeited	(85,970	)	36.24					(93,238	)	36.02
Outstanding at December 31, 2015	1,392,128		$	31.75	7.54	$	12,075	632,357		$	40.39
Vested and exercisable at December 31, 2015	796,089		$	24.95	6.51	$	11,144	—
Vested and expected to vest as of December 31, 2015	1,320,061		$	31.26	7.46	$	11,950	556,672		$	40.40