Stock-Based Compensation (Tables)

6 Months Ended

Dec. 31, 2011

Stock-Based Compensation [Abstract]

Weighted Average Assumptions

We utilized the Black-Scholes option valuation model with the following weighted average assumptions:

	Six Months Ended December 31,
	2011			2010
Risk-free interest rate		1.2	%		1.3	%
Expected dividend yield		0.0	%		0.0	%
Expected life (in years)		4.57			4.49
Expected volatility factor		49.6	%		52.9	%

Stock-based Compensation Expense

The stock-based compensation expense and its classification (dollars in thousands) in the unaudited condensed consolidated statements of operations for the three and six months ended December 31, 2011 and 2010 were as follows:

	Three Months Ended December 31,				Six Months Ended December 31,
Recorded as expense:	2011		2010		2011		2010
Cost of service and other	$	314	$	233	$	617	$	486
Selling and marketing		1,229		907		2,399		1,803
Research and development		353		287		701		576
General and administrative		1,175		918		3,062		2,177
Total stock-based compensation	$	3,071	$	2,345	$	6,779	$	5,042

Stock Options and RSU Activity

A summary of stock option and RSU activity under all equity plans for the six months ended December 31, 2011 is as follows:

	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, 2011		4,724,305		$	7.64			$	45,058		1,338,376		$	10.19
Granted		751,072			15.50						893,107			15.50
Settled (RSUs)		-			-						(248,703	)		11.78
Exercised		(243,024	)		9.17						-
Cancelled / Forfeited		(24,309	)		10.28						(37,552	)		10.73
Outstanding at September 30, 2011		5,208,044		$	8.69			$	34,434		1,945,228		$	12.41
Granted		11,275			16.45						12,550			16.52
Settled (RSUs)											(98,185	)		13.45
Exercised		(283,628	)		6.60
Cancelled / Forfeited		(19,868	)		12.98						(26,578	)		12.48
Outstanding at December 31, 2011		4,915,823		$	8.81		5.3	$	41,965		1,833,015		$	8.39
Exercisable at December 31, 2011		3,691,917		$	7.27		4.2	$	37,200
Vested and expected to vest as of December 31, 2011		4,752,764		$	8.65		5.2	$	41,334		1,600,876		$	7.79