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Share Capital, Option Plans And Share-Based Payments (Tables)

9 Months Ended

Mar. 31, 2014

Share-based Compensation Arrangement By Share-based Payment Award [Line Items]

Summary Of Share-based Compensation Costs

Total share-based compensation expense for the periods indicated below is detailed as follows:

		Three Months Ended March 31,								Nine Months Ended March 31,
		2014				2013				2014				2013
Stock options		$	2,437			$	1,553			$	5,447			$	4,120
Performance Share Units (issued under LTIP)		945				1,336				3,989				3,996
Restricted Share Units (issued under LTIP)		371				509				1,490				886
Restricted Share Units (fully vested)		—				—				3,300				—
Restricted Share Units (other)		77				123				419				425
Deferred Share Units (directors)		588				356				1,062				716
Restricted Stock Awards (legacy Vignette employees)		—				—				—				10
Total share-based compensation expense		$	4,418			$	3,877			$	15,707			$	10,153

Summary Of Option Activity

A summary of activity under our stock option plans for the nine months ended March 31, 2014 is as follows:

	Options			Weighted- Average  Exercise Price				Weighted- Average Remaining Contractual Term (years)		Aggregate Intrinsic  Value ($’000s)
Outstanding at June 30, 2013	3,610,782			$	24.72
Granted	2,133,942			46.43
Exercised	(877,562	)		20.17
Forfeited or expired	(440,352	)		26.36
Outstanding at March 31, 2014	4,426,810			$	35.93			5.59		$	55,685
Exercisable at March 31, 2014	889,709			$	23.23			3.61		$	21,784

Schedule Of Weighted-Average Fair Value Of Options And Weighted-Average Assumptions Used

For the periods indicated, the weighted-average fair value of options and weighted-average assumptions were as follows:

		Three Months Ended March 31,								Nine Months Ended March 31,
		2014				2013				2014				2013
Weighted–average fair value of options granted		$	12.60			$	9.04			$	11.53			$	8.58
Weighted-average assumptions used:
Expected volatility		32		%		36		%		32		%		37		%
Risk–free interest rate		1.40		%		0.76		%		1.33		%		0.67		%
Expected dividend yield		1.2		%		—		%		1.3		%		—		%
Expected life (in years)		4.36				4.35				4.36				4.35
Forfeiture rate (based on historical rates)		5		%		5		%		5		%		5		%
Average exercise share price		$	50.08			$	29.44			$	46.43			$	27.45

Long Term Incentive Plan

Share-based Compensation Arrangement By Share-based Payment Award [Line Items]

Summary Of Share-based Compensation Costs

Expected and actual stock compensation expense for each of the above mentioned LTIP plans is as follows:

									Three Months Ended March 31,								Nine Months Ended March 31,
Grants Made Under LTIP	Equity Instrument	Grant Date	End Date		Expected Total LTIP Expense				2014				2013				2014				2013
Fiscal 2012 LTIP	PSU	3/31/2010	9/15/2012		$	17,314			$	—			$	—			$	—			579
Fiscal 2013 LTIP	PSU	10/29/2010	9/15/2013		6,489				—				272				215				870
Fiscal 2014 LTIP	PSU	2/3/2012	9/15/2014		7,969				574				787				2,535				2,184
Fiscal 2015 LTIP	PSU	12/3/2012	9/15/2015		2,863				199				277				951				363
Fiscal 2015 LTIP	RSU	11/2/2012	9/15/2015		4,255				43				509				892				886
Fiscal 2016 LTIP	PSU	11/1/2013	9/15/2016		2,045				173				—				289				—
Fiscal 2016 LTIP	RSU	11/1/2013	9/15/2016		4,517				327				—				597				—
Fiscal 2016 LTIP	RSU (fully vested)	11/18/2013	11/18/2013		3,300				—				—				3,300				—
					$	48,752			$	1,316			$	1,845			$	8,779			$	4,882

X

- Definition

Tabular disclosure of the amount of total share-based compensation cost, including the amounts attributable to each share-based compensation plan and any related tax benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (h)(1)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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X

- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (c)(1)

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- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (f)(2)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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