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Net Loss per Share (Tables)
12 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Net Loss per Share

The following table presents the calculation of basic and diluted net loss per share:

 

    Fiscal Year Ended  
    2015     2014     2013  
   

(In thousands, except

per share data)

 

Numerator:

     

Basic and Diluted:

     

Net loss

  $ (20,008   $ (146,404   $ (67,372
 

 

 

   

 

 

   

 

 

 

Denominator:

     

Basic and Diluted:

     

Weighted average shares of common stock used in computing basic and diluted net loss per share

    44,454        43,528        42,816   
 

 

 

   

 

 

   

 

 

 

Net loss per share:

     

Basic and Diluted (1)

  $ (0.45   $ (3.36   $ (1.57
 

 

 

   

 

 

   

 

 

 

Securities excluded from weighted average shares used in computing diluted net loss per share because the effect would have been anti-dilutive: (2)

    8,198        8,843        9,417   

 

(1) 

Diluted EPS does not reflect any potential common stock relating to stock options or restricted stock units due to net loss incurred for fiscal years 2015, 2014 and 2013. The assumed issuance of any additional shares would be anti-dilutive.

 

(2) 

These weighted shares relate to anti-dilutive stock options and restricted stock units as calculated using the treasury stock method and could be dilutive in the future.