XML 50 R28.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Employee Benefit Plans (including Share-based Compensation) (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2017
Share Based Compensation [Abstract] |
Summary of Stock Option Activity | The following table summarizes stock option activity under all plans (shares and intrinsic value in thousands):
|  | Number of Shares |  |  | Weighted-Average Exercise Price Per Share |  |  | Weighted-Average Remaining Contractual Term (years) |  |  | Aggregate Intrinsic Value |
Options outstanding at June 30, 2016 |  |  | 6,385 |  |  | $ | 4.10 |  |  |  | 3.70 |  |  | $ | 1,416 |
Granted |  |  | — |  |  |  | — |  |  |  |  |  |  |  |  |
Exercised |  |  | (2,348 | ) |  |  | 3.98 |  |  |  |  |  |  |  |  |
Cancelled |  |  | (975 | ) |  |  | 4.48 |  |  |  |  |  |  |  |  |
Options outstanding at June 30, 2017 |  |  | 3,062 |  |  | $ | 4.06 |  |  |  | 4.19 |  |  | $ | 15,868 |
Vested and expected to vest at June 30, 2017 |  |  | 3,062 |  |  | $ | 4.06 |  |  |  | 4.19 |  |  | $ | 15,868 |
Exercisable at June 30, 2017 |  |  | 2,299 |  |  | $ | 4.43 |  |  |  | 3.38 |  |  | $ | 11,017 |
Schedule of Significant Ranges of Outstanding and Exercisable Options | The following table summarizes significant ranges of outstanding and exercisable options at June 30, 2017, (shares outstanding and exercisable, in thousands):
Options Outstanding |  |  | Options Exercisable |
|  |  |  |  |  | Weighted- |  |  | Weighted- |  |  |  |  |  |  | Weighted- |
|  | Number |  |  | Average |  |  | Average |  |  | Number |  |  | Average |
Range of |  | Outstanding |  |  | Remaining |  |  | Exercise |  |  | Exercisable |  |  | Exercise |
Exercise Prices |  | (000’s) |  |  | Contractual Life |  |  | Price |  |  | (000’s) |  |  | Price |
|  |  |  |  |  | (In years) |  |  |  |  |  |  |  |  |  |  |  |  |
$1.69 – $2.05 |  |  | 99 |  |  |  | 1.32 |  |  | $ | 2.02 |  |  |  | 99 |  |  | $ | 2.02 |
$2.51 – $2.51 |  |  | 947 |  |  |  | 6.74 |  |  | $ | 2.51 |  |  |  | 332 |  |  | $ | 2.51 |
$2.94 – $3.54 |  |  | 345 |  |  |  | 2.35 |  |  | $ | 3.34 |  |  |  | 295 |  |  | $ | 3.32 |
$3.55 – $3.87 |  |  | 113 |  |  |  | 3.00 |  |  | $ | 3.69 |  |  |  | 102 |  |  | $ | 3.70 |
$4.18 – $4.18 |  |  | 26 |  |  |  | 3.08 |  |  | $ | 4.18 |  |  |  | 26 |  |  | $ | 4.18 |
$4.25 – $4.25 |  |  | 31 |  |  |  | 0.30 |  |  | $ | 4.25 |  |  |  | 32 |  |  | $ | 4.25 |
$5.21 – $5.21 |  |  | 43 |  |  |  | 4.13 |  |  | $ | 5.21 |  |  |  | 31 |  |  | $ | 5.21 |
$5.30 – $5.30 |  |  | 1,271 |  |  |  | 3.33 |  |  | $ | 5.30 |  |  |  | 1,242 |  |  | $ | 5.30 |
$5.67 – $5.67 |  |  | 172 |  |  |  | 3.61 |  |  | $ | 5.67 |  |  |  | 127 |  |  | $ | 5.67 |
$6.15 – $6.15 |  |  | 15 |  |  |  | 3.20 |  |  | $ | 6.15 |  |  |  | 13 |  |  | $ | 6.15 |
$1.69 – $6.15 |  |  | 3,062 |  |  |  | 4.19 |  |  | $ | 4.06 |  |  |  | 2,299 |  |  | $ | 4.43 |
Summary of Stock Award Activity | The following table summarizes stock award activity (shares and market value in thousands):
|  | Number of Shares |  |  | Weighted- Average Grant Date Fair Value |  |  | Aggregate Fair Market Value |
Non-vested stock awards outstanding at June 30, 2016 |  |  | 4,224 |  |  | $ | 3.36 |  |  |  |  |
Granted |  |  | 5,045 |  |  |  | 5.26 |  |  |  |  |
Vested |  |  | (1,721 | ) |  |  | 3.80 |  |  |  |  |
Cancelled |  |  | (884 | ) |  |  | 3.47 |  |  |  |  |
Non-vested stock awards outstanding at June 30, 2017 |  |  | 6,664 |  |  | $ | 4.66 |  |  | $ | 61,440 |
Summary of PSUs with Market or Performance Based Conditions Granted | The following table summarizes PSU’s with market or performance based conditions granted and the number of awards that have satisfied the relevant market or performance criteria in each period (in thousands):
|  | Fiscal year 2017 |  |  | Fiscal year 2016 |  |  | Fiscal year 2015 |
Performance awards granted |  |  | 2,106 |  |  |  | 695 |  |  |  | 615 |
Performance awards earned |  |  | 839 |  |  |  | 582 |  |  |  | — |
Schedule of Recognized Share-based Compensation Expense | Share-based compensation expense recognized in the financial statements by line item caption is as follows (in thousands):
|  | Year Ended |
|  | June 30, 2017 |  |  | June 30, 2016 |  |  | June 30, 2015 |
Cost of product revenue |  | $ | 333 |  |  | $ | 882 |  |  | $ | 1,067 |
Cost of service revenue |  |  | 589 |  |  |  | 1,041 |  |  |  | 1,068 |
Research and development |  |  | 3,312 |  |  |  | 4,559 |  |  |  | 5,365 |
Sales and marketing |  |  | 4,253 |  |  |  | 4,633 |  |  |  | 5,170 |
General and administrative |  |  | 4,146 |  |  |  | 3,677 |  |  |  | 5,131 |
Total share-based compensation expense |  | $ | 12,633 |  |  | $ | 14,792 |  |  | $ | 17,801 |
Schedule of Fair Value Assumptions for Stock Options and Employee Stock Purchase Plan Awards | The fair value of each share purchase option under the Company's 2014 ESPP is estimated on the date of grant using the Black-Scholes-Merton option valuation model with the weighted average assumptions noted in the following table. The expected term of the 2014 ESPP. The risk-free rate is based upon the estimated life and is based on the U.S. Treasury yield curve in effect at the time of grant. Expected volatility is based on the historical volatility on the Company’s stock. The weighted-average estimated per share fair value of shares purchased under the 2014 ESPP and 1999 ESPP in fiscal years 2017, 2016 and 2015, was $1.24, $0.92 and $0.90, respectively.
|  | Stock Option Plan |  |  | Employee Stock Purchase Plan |
|  | Year Ended |  |  | Year Ended |
|  | June 30, 2016 |  |  | June 30, 2015 |  |  | June 30, 2017 |  |  | June 30, 2016 |  |  | June 30, 2015 |
Expected life |  | 4.00 years |  |  | 4.23 years |  |  | 0.49 years |  |  | 1.21years |  |  | 0.66 years |
Risk-free interest rate |  |  | 1.78 | % |  |  | 1.17 | % |  |  | 0.40 | % |  |  | 0.33 | % |  |  | 0.10 | %
Volatility |  |  | 52 | % |  |  | 50 | % |  |  | 38 | % |  |  | 58 | % |  |  | 59 | %
Dividend yield |  |  | — | % |  |  | — | % |  |  | — | % |  |  | — | % |  |  | — | %

X
- Definition Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed. + 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=96867065&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5047-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14.F) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested performance-based units. + 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)(2) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedPerformanceBasedUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited 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) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + 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 (d) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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=96867065&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ShareBasedCompensationAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration