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STOCK BASED COMPENSATION (Tables)
6 Months Ended
Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-based compensation expense
The following table shows total stock-based compensation expense included in the Condensed Consolidated Statements of Operations for the three and six months ended December 31, 2013 and 2012 (in thousands):
 
Three Months Ended December 31,
 
Six Months Ended December 31,
 
2013

2012
 
2013
 
2012
Cost of sales
$
148

 
$
104

 
$
292

 
$
185

Research and development
553

 
401

 
1,049

 
667

Sales, general and administrative
721

 
388

 
1,248

 
697

 
$
1,422


$
893

 
$
2,589

 
$
1,549

Summary of option activity for the company's stock incentive plans
The following is a summary of option activity for the Company’s stock incentive plans for the six months ended December 31, 2013:
 
Common Stock Options Outstanding
 
Number
of Shares
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Life (Years)
 
Aggregate
Intrinsic
Value
 
 
 
 
 
 
 
(In thousands)
Balance, June 30, 2013
3,614,262

 
$
3.07

 
 
 
 
Exercised
(455,980
)
 
2.20

 
 
 
 
Forfeitures and cancellations
(107,318
)
 
10.55

 
 
 
 
Balance, December 31, 2013
3,050,964

 
$
2.93

 
5.65
 
$
131,270

Vested and expected to vest as of December 31, 2013
3,016,040

 
$
2.85

 
5.61
 
$
130,033

Vested and exercisable as of December 31, 2013
2,421,183

 
$
1.30

 
4.97
 
$
108,131

Fair value of employee stock options
For the three and six months ended December 31, 2012, the fair value of employee stock options was estimated using the following weighted average assumptions:
 
Three And Six Months Ended December 31, 2012
Expected term
6.1 years

Expected volatility
52
%
Risk-free interest rate
0.8
%
Expected dividend yield

Weighted average grant date fair value
$
5.37

Activity of RSUs
The following table summarizes the activity of the RSUs made by the Company:
 
Number of Shares
 
Weighted Average Grant Date Fair Value
Non-vested RSUs, June 30, 2013
744,906

 
$
14.74

RSUs granted
77,033

 
32.48

RSUs vested
(100,431
)
 
16.09

RSUs canceled
(188,905
)
 
14.98

Non-vested RSUs, December 31, 2013
532,603

 
$
16.96