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Employee Benefit Plans (Tables) | 9 Months Ended
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Mar. 31, 2020
Share Based Compensation [Abstract] |
Shares Reserved for Issuance | The Company had reserved for issuance as of the dates noted (in thousands):
|  | March 31, 2020 |  |  | June 30, 2019 |
2013 Equity Incentive Plan shares available for grant |  |  | 11,368 |  |  |  | 8,462 |
Employee stock options and awards outstanding |  |  | 12,086 |  |  |  | 10,455 |
2014 Employee Stock Purchase Plan |  |  | 7,364 |  |  |  | 10,085 |
Total shares reserved for issuance |  |  | 30,818 |  |  |  | 29,002 |
Schedule of Recognized Share-based Compensation Expense | Share-based Compensation Expense Share-based compensation expense recognized in the condensed consolidated financial statements by line item caption is as follows (in thousands):
|  | Three Months Ended |  |  | Nine Months Ended |
|  | March 31, 2020 |  |  | March 31, 2019 |  |  | March 31, 2020 |  |  | March 31, 2019 |
Cost of product revenue |  | $ | 280 |  |  | $ | 223 |  |  | $ | 932 |  |  | $ | 618 |
Cost of service revenue |  |  | 368 |  |  |  | 648 |  |  |  | 1,220 |  |  |  | 1,670 |
Research and development |  |  | 2,518 |  |  |  | 2,814 |  |  |  | 8,213 |  |  |  | 7,953 |
Sales and marketing |  |  | 1,338 |  |  |  | 3,187 |  |  |  | 8,568 |  |  |  | 8,529 |
General and administrative |  |  | 2,639 |  |  |  | 1,942 |  |  |  | 7,523 |  |  |  | 5,569 |
Integration costs |  |  | — |  |  |  | — |  |  |  | 479 |  |  |  | — |
Total share-based compensation expense |  | $ | 7,143 |  |  | $ | 8,814 |  |  | $ | 26,935 |  |  | $ | 24,339 |
Summary of Stock Award Activity | The following table summarizes stock award activity for the nine months ended March 31, 2020 (in thousands, except grant date fair value):
|  | 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 |  |  | 6,299 |  |  |  | 6.83 |  |  |  |  |
Released |  |  | (3,365 | ) |  |  | 7.11 |  |  |  |  |
Cancelled |  |  | (1,598 | ) |  |  | 7.28 |  |  |  |  |
Non-vested stock awards outstanding at March 31, 2020 |  |  | 9,072 |  |  | $ | 7.40 |  |  | $ | 28,033 |
Vested and expected to vest at March 31, 2020 |  |  | 6,397 |  |  | $ | 7.26 |  |  | $ | 25,947 |
Summary of Stock Option Activity | The following table summarizes stock option activity for the nine months ended March 31, 2020 (in thousands, except per share and contractual term):
|  | 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 |  |  | (125 | ) |  |  | 6.02 |  |  |  |  |  |  |  |  |
Options outstanding at March 31, 2020 |  |  | 3,014 |  |  | $ | 4.99 |  |  |  | 3.39 |  |  | $ | 524 |
Vested and expected to vest at March 31, 2020 |  |  | 3,014 |  |  | $ | 4.99 |  |  |  | 3.39 |  |  | $ | 524 |
Exercisable at March 31, 2020 |  |  | 1,693 |  |  | $ | 3.78 |  |  |  | 1.43 |  |  | $ | 524 |
Schedule of Fair Value Assumptions for Stock Options and Employee Stock Purchase Plan Awards | The following assumptions were used to calculate the fair value of shares issued under the ESPP during the following periods:
|  | Employee Stock Purchase Plan |  |  | Employee Stock Purchase Plan |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | March 31, 2020 |  |  | March 31, 2019 |  |  | March 31, 2020 |  |  | March 31, 2019 |
Expected life |  | 0.5 years |  |  | 0.5 years |  |  | 0.5 years |  |  | 0.5 years |
Risk-free interest rate |  |  | 1.56 | % |  |  | 2.46 | % |  |  | 1.71 | % |  |  | 2.35 | %
Volatility |  |  | 43 | % |  |  | 75 | % |  |  | 43 | % |  |  | 70 | %
Dividend yield |  |  | — | % |  |  | — | % |  |  | — | % |  |  | — | %

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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=116856206&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=116856206&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=116856206&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=116856206&loc=d3e5070-113901 + Details
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