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Employee Benefit Plans (Tables) | 12 Months Ended
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Jun. 30, 2020
Share Based Compensation [Abstract] |
Shares Reserved for Issuance | The following are shares reserved for issuance (in thousands):
|  | June 30, 2020 |  |  | June 30, 2019 |
2013 Equity Incentive Plan shares available for grant |  |  | 13,118 |  |  |  | 8,462 |
Employee stock options and awards outstanding |  |  | 10,396 |  |  |  | 10,455 |
2014 Employee Stock Purchase Plan |  |  | 7,364 |  |  |  | 10,085 |
Total shares reserved for issuance |  |  | 30,878 |  |  |  | 29,002 |
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, 2019 |  |  | 2,719 |  |  | $ | 4.61 |  |  |  | 3.26 |  |  | $ | 5,070 |
Granted |  |  | 637 |  |  |  | 6.70 |  |  |  |  |  |  |  |  |
Exercised |  |  | (217 | ) |  |  | 4.58 |  |  |  |  |  |  |  |  |
Cancelled |  |  | (217 | ) |  |  | 6.07 |  |  |  |  |  |  |  |  |
Options outstanding at June 30, 2020 |  |  | 2,922 |  |  | $ | 4.95 |  |  |  | 3.09 |  |  | $ | 1,688 |
Vested and expected to vest at June 30, 2020 |  |  | 2,922 |  |  | $ | 4.95 |  |  |  | 3.09 |  |  | $ | 1,688 |
Exercisable at June 30, 2020 |  |  | 1,682 |  |  | $ | 3.78 |  |  |  | 1.18 |  |  | $ | 1,688 |
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, 2019 |  |  | 7,736 |  |  | $ | 7.67 |  |  |  |  |
Granted |  |  | 7,151 |  |  |  | 6.42 |  |  |  |  |
Released |  |  | (3,956 | ) |  |  | 7.17 |  |  |  |  |
Cancelled |  |  | (3,457 | ) |  |  | 7.58 |  |  |  |  |
Non-vested stock awards outstanding at June 30, 2020 |  |  | 7,474 |  |  | $ | 6.83 |  |  | $ | 32,436 |
Vested and expected to vest at June 30, 2020 |  |  | 6,793 |  |  | $ | 6.60 |  |  | $ | 29,480 |
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 2020 |  |  | Fiscal year 2019 |  |  | Fiscal year 2018 |
Performance awards granted |  |  | — |  |  |  | 635 |  |  |  | 714 |
Performance awards earned |  |  | 56 |  |  |  | 342 |  |  |  | 566 |
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, 2020 |  |  | June 30, 2019 |  |  | June 30, 2018 |
Cost of product revenues |  | $ | 1,240 |  |  | $ | 844 |  |  | $ | 564 |
Cost of service revenues |  |  | 1,620 |  |  |  | 1,639 |  |  |  | 1,131 |
Research and development |  |  | 10,324 |  |  |  | 10,443 |  |  |  | 7,642 |
Sales and marketing |  |  | 11,914 |  |  |  | 11,747 |  |  |  | 9,843 |
General and administrative |  |  | 12,265 |  |  |  | 8,224 |  |  |  | 8,453 |
Integration costs |  |  | 479 |  |  |  | — |  |  |  | — |
Total share-based compensation expense |  | $ | 37,842 |  |  | $ | 32,897 |  |  | $ | 27,633 |
Schedule of Fair Value Assumptions for Stock Options and Employee Stock Purchase Plan Awards | The weighted-average estimated per share fair value of shares purchased under the 2014 ESPP in fiscal years 2020, 2019 and 2018, was $1.90, $2.71 and $3.25, respectively.
|  | Employee Stock Purchase Plan |
|  | Year Ended |
|  | June 30, 2020 |  |  | June 30, 2019 |  |  | June 30, 2018 |
Expected life |  | 0.5 years |  |  | 0.5 years |  |  | 0.5 years |
Risk-free interest rate |  |  | 1.71 | % |  | 2.22%-2.46% |  |  | 1.15%-1.64% |
Volatility |  |  | 43 | % |  |  | 70 | % |  |  | 42 | %
Dividend yield |  |  | — | % |  |  | — | % |  |  | — | %

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- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -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=115993241&loc=d3e301413-122809 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901 + Details
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- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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