XML 150 R21.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Stockholders' Equity (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2013
Summary of Option Vested and Exercisable | ERROR: Could not retrieve Word content for note block
Reserved Shares of Common Stock for Issuance | We have reserved shares of common stock for issuance at June 30, 2013 as follows:
| Reserved Stock Options |
--- | --- | ---
Stock options outstanding |  | 2,271,309 |
Reserved for future grants of stock options |  | 932,650 |
Total reserved shares of common stock for issuance |  | 3,203,959 |
Summary of Warrants Activity | The warrants activity is summarized as follows:
| Warrants Outstanding |  |  | Weighted Average Exercise Price |
--- | --- | --- | --- | --- | ---
Warrants outstanding as of June 30, 2010 |  | 1,599,404 |  |  | $ |  | 0.95 |
Warrants exercised from Bridge Bank agreement |  | (73,889 | ) |  | $ |  | 0.90 |
Warrants exercised from amendment to Notes with related parties |  | (1,218,493 | ) |  | $ |  | 0.95 |
Warrants outstanding as of June 30, 2011 |  | 307,022 |  |  | $ |  | 0.95 |
Warrants exercised from amendment to Notes with related parties |  | (307,022 | ) |  | $ |  | 0.95 |
Warrants outstanding as of June 30, 2012 |  | — |  |  | $ |  | 0.00 |
Warrants outstanding as of June 30, 2013 |  | — |  |  | $ |  | 0.00 |
Summary of Stock Options Outstanding and Exercisable under All Stock Option Plans | The following table summarizes information about stock options outstanding and exercisable under all stock option plans as of June 30, 2013:
|  | Options Outstanding |  | Options Exercisable
--- | --- | --- | --- | ---
Range of Exercise Prices |  | Number |  | Weighted Average Remaining Contractual Life |  | Weighted Average Exercise Price |  | Number |  | Weighted Average Exercise Price
$0.30–$0.60 |  | 39,268 |  | 5.07 |  | $ | 0.4 6 |  | 39,268 |  | $ | 0.4 6
$0.64–$0.64 |  | 349,064 |  | 1.91 |  |  | 0.64 |  | 349,064 |  |  | 0.64
$0.70–$0.70 |  | 1,000 |  | 2.32 |  |  | 0.70 |  | 1,000 |  |  | 0.70
$0.74–$0.74 |  | 554,279 |  | 6.13 |  |  | 0.74 |  | 524,430 |  |  | 0.74
$0.75–$1.10 |  | 252,913 |  | 4.13 |  |  | 0.9 7 |  | 213,828 |  |  | 0.99
$1.13–$3.32 |  | 2 29,264 |  | 5.0 9 |  |  | 1.99 |  | 164,047 |  |  | 1.97
$3.64–$4.60 |  | 227,080 |  | 8.66 |  |  | 4.08 |  | 46,609 |  |  | 3.81
$4.65–$5.28 |  | 258,566 |  | 8.63 |  |  | 5.18 |  | 82,995 |  |  | 5.20
$5.30–$7.97 |  | 2 30,025 |  | 8.75 |  |  | 6.45 |  | 65,471 |  |  | 6.20
$8.02–$9.00 |  | 129,850 |  | 9.78 |  |  | 8.38 |  | 1,082 |  |  | 8.91
$0.30–$9.00 |  | 2,271,309 |  | 6.15 |  | $ | 2.72 |  | 1,487,794 |  | $ | 1.47
Summary of Effect of Stock Based Compensation | The table below summarizes the effect of stock-based compensation (in thousands, except per share amounts):
| Year Ended June 30, |
--- | --- | ---
| 2013 |  |  | 2012 |  |  | 2011 |
Non-cash stock-based compensation expense | $ |  | (1,081 | ) |  | $ |  |  | (856 | ) |  | $ |  |  | (218 | )
Income tax benefit |  | — |  |  |  | — |  |  |  | — |
Net income effect | $ |  | (1,081 | ) |  | $ |  |  | (856 | ) |  | $ |  |  | (218 | )
Net effect on earnings per share, basic and diluted | $ |  | (0.04 | ) |  | $ |  |  | (0.04 | ) |  | $ |  |  | (0.01 | )
Valuation Assumptions | During the fiscal year ended June 30, 2013, 2012 and 2011 there were 338,550, 720,300 and 280,450 options granted, respectively, with a weighted-average fair value of $4.05, $3.21 and $1.21, respectively, using the following assumptions:
| Year Ended June 30, |
--- | --- | ---
| 2013 |  |  | 2012 |  |  | 2011 |
Dividend yield |  | — |  |  |  | — |  |  |  | — |
Expected volatility |  | 85 |  | % |  |  | 85 |  | % |  |  | 82 |  | %
Average risk-free interest rate |  | 0.80 |  | % |  |  | 0.97 |  | % |  |  | 1.82 |  | %
Expected life (in years) |  | 4.50 |  |  |  | 4.48 |  |  |  | 4.50 |
2005 Management Stock Option Plan |
Activity Plan | The following table represents the activity under the 2005 Management Plan:
| Shares Available for Grant |  |  | Options Outstanding |  |  | Weighted Average Price |
--- | --- | --- | --- | --- | --- | --- | --- | ---
Balance at June 30, 2010 |  | 234,250 |  |  |  | 1,224,400 |  |  | $ |  | 0.78 |
Options Granted |  | (115,000 | ) |  |  | 115,000 |  |  | $ |  | 1.97 |
Options Forfeited / Expired |  | — |  |  |  | (755,000 | ) |  |  | — |
Balance at June 30, 2011 |  | 119,250 |  |  |  | 584,400 |  |  | $ |  | 0.93 |
Shares Authorized for Issuance |  | 500,000 |  |  |  | — |  |  |  | — |
Options Granted |  | (340,000 | ) |  |  | 340,000 |  |  | $ |  | 4.56 |
Options Exercised |  | — |  |  |  | (40,650 | ) |  | $ |  | 0.69 |
Options Forfeited / Expired |  | 18,750 |  |  |  | (18,750 | ) |  | $ |  | 2.90 |
Balance at June 30, 2012 |  | 298,000 |  |  |  | 865,000 |  |  | $ |  | 2.33 |
Options Exercised |  | — |  |  |  | (143,671 | ) |  | $ |  | 1.36 |
Options Forfeited / Expired |  | 28,022 |  |  |  | (28,022 | ) |  | $ |  | 2.05 |
Balance at June 30, 2013 |  | 326,022 |  |  |  | 693,307 |  |  | $ |  | 2.54 |
2005 Stock Incentive Plan |
Activity Plan | The following table represents the activity under the 2005 Stock Incentive Plan:
| Shares Available for Grant |  |  | Options Outstanding |  |  | Weighted Average Price |
--- | --- | --- | --- | --- | --- | --- | --- | ---
Balance at June 30, 2010 |  | 192,517 |  |  |  | 1,266,643 |  |  | $ |  | 0.82 |
Options Granted |  | (165,450 | ) |  |  | 165,450 |  |  | $ |  | 1.89 |
Options Exercised |  | — |  |  |  | (110,781 | ) |  | $ |  | 0.75 |
Options Forfeited / Expired |  | 71,984 |  |  |  | (71,984 | ) |  | $ |  | 1.03 |
Balance at June 30, 2011 |  | 99,051 |  |  |  | 1,249,328 |  |  | $ |  | 0.96 |
Shares Authorized for Issuance |  | 1,000,000 |  |  |  | — |  |  |  | — |
Options Granted |  | (380,300 | ) |  |  | 380,300 |  |  | $ |  | 5.53 |
Options Exercised |  | — |  |  |  | (54,713 | ) |  | $ |  | 0.95 |
Options Forfeited / Expired |  | 75,154 |  |  |  | (75,154 | ) |  | $ |  | 4.04 |
Balance at June 30, 2012 |  | 793,905 |  |  |  | 1,499,761 |  |  | $ |  | 1.96 |
Options Granted |  | (3 38,550 | ) |  |  | 3 38,550 |  |  | $ |  | 6.48 |
Options Exercised |  | — |  |  |  | (321,778 | ) |  | $ |  | 1.03 |
Options Forfeited / Expired |  | 151,273 |  |  |  | (151,273 | ) |  | $ |  | 4.13 |
Balance at June 30, 2013 |  | 606,628 |  |  |  | 1,365,260 |  |  | $ |  | 3.06 |
2000 Non-Management Stock Option Plan |
Activity Plan | The following table represents the activity under the 2000 Plan:
| Shares Available for Grant |  |  | Options Outstanding |  |  | Weighted Average Price |
--- | --- | --- | --- | --- | --- | --- | --- | ---
Balance at June 30, 2010 |  | 1,578 |  |  |  | 192,767 |  |  | $ |  | 7.07 |
Options Granted |  | — |  |  |  | (25,953 | ) |  | $ |  | 0.90 |
Options Forfeited / Expired |  | 58,293 |  |  |  | (58,293 | ) |  | $ |  | 19.86 |
Plan Shares Expired |  | (59,871 | ) |  |  | — |  |  |  | — |
Balance at June 30, 2011 |  | — |  |  |  | 108,521 |  |  | $ |  | 1.68 |
Options Exercised |  | — |  |  |  | (27,655 | ) |  | $ |  | 1.59 |
Options Forfeited / Expired |  | — |  |  |  | (3,389 | ) |  | $ |  | 11.46 |
Balance at June 30, 2012 |  | — |  |  |  | 77,477 |  |  | $ |  | 1.28 |
Options Exercised |  | — |  |  |  | (30,756 | ) |  | $ |  | 1.68 |
Options Forfeited / Expired |  | — |  |  |  | (2,631 | ) |  | $ |  | 1.6 0 |
Balance at June 30, 2013 |  | — |  |  |  | 44,090 |  |  | $ |  | 0.99 |
1998 Stock Plan |
Activity Plan | The following table represents the activity under the 1998 Plan:
| Shares Available for Grant |  |  | Options Outstanding |  |  | Weighted Average Price |
--- | --- | --- | --- | --- | --- | --- | --- | ---
Balance at June 30, 2010 |  | 70,380 |  |  |  | 510,392 |  |  | $ |  | 5.20 |
Options Granted |  | — |  |  |  | (39,216 | ) |  | $ |  | 0.73 |
Options Forfeited / Expired |  | 40,465 |  |  |  | (40,465 | ) |  | $ |  | 34.51 |
Plan Shares Expired |  | (110,845 | ) |  |  | — |  |  |  | — |
Balance at June 30, 2011 |  | — |  |  |  | 430,711 |  |  | $ |  | 2.86 |
Options Exercised |  | — |  |  |  | (79,416 | ) |  | $ |  | 2.43 |
Options Forfeited / Expired |  | — |  |  |  | (55,283 | ) |  | $ |  | 12.21 |
Balance at June 30, 2012 |  | — |  |  |  | 296,012 |  |  | $ |  | 1.22 |
Options Exercised |  | — |  |  |  | (124,320 | ) |  | $ |  | 1.22 |
Options Forfeited / Expired |  | — |  |  |  | (3,040 | ) |  | $ |  | 1.50 |
Balance at June 30, 2013 |  | — |  |  |  | 168,652 |  |  | $ |  | 1.22 |

X
- Definition Schedule Of Common Stock Reserved For Future Issuance Table [Text Block] + References No definition available. + Details
Name: | egan_ScheduleOfCommonStockReservedForFutureIssuanceTableTextBlock
Namespace Prefix: | egan_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule Of Share Based Compensation Expense Excluding Tax Effects Table [Text Block] + References No definition available. + Details
Name: | egan_ScheduleOfShareBasedCompensationExpenseExcludingTaxEffectsTableTextBlock
Namespace Prefix: | egan_
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=6415400&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 123R -Paragraph 64 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 123R -Paragraph A240 -Subparagraph f -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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) -URI http://asc.fasb.org/extlink&oid=6415400&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=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(i)) -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section S99 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6784392&loc=d3e188667-122775 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph i -Article 4 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 28 -Article 5 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Emerging Issues Task Force (EITF) -Number D-98 -Paragraph 2 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the following for fully vested share options (or share units) and share options expected to vest at the date of the latest statement of financial position: the number, weighted-average exercise price (or conversion ratio), aggregate intrinsic value (except for nonpublic entities), and weighted-average remaining contractual term of options (or share units) currently exercisable (or convertible). + 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 (e)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration