XML 70 R27.htm IDEA: XBRL DOCUMENT v2.4.0.6
Stock-Based Compensation (Tables)
6 Months Ended
Dec. 31, 2012
Summary of Stock Option Plans

The following table summarizes activity of the Company’s stock option plans since June 30, 2011:

 

     Options Outstanding  
     Number of
Shares
    Weighted Average
Exercise Price
     Weighted Average
Remaining
Contractual Term
(Years)
 

Outstanding at June 30, 2011

     2,293      $ 14.35         3.88   

Granted

     —         —       

Exercised

     (72     6.48      

Cancelled

     (36     23.70      
  

 

 

      

Outstanding at June 30, 2012

     2,185      $ 14.46         2.89   

Granted

     271        4.75      

Exercised

     (40     6.65      

Cancelled

     (232     15.98      
  

 

 

      

Outstanding at December 31, 2012

     2,184      $ 13.23         3.04   
  

 

 

      
Weighted Average Key Fair Value Results and Assumptions for Stock Options Granted

The following table sets forth the weighted-average key fair value results and assumptions for stock options granted during the three and six months ended December 31, 2012 and 2011:

 

     Three Months Ended
December 31,
    Six Months Ended
December 31,
 
         2012             2011             2012             2011      

Weighted-average fair value of options granted

     —   (*)      —   (*)      3.80        —   (*) 

Option life(1)

     —   (*)      —   (*)      4.5 years        —   (*) 

Risk-free interest rate(2)

     —   (*)      —   (*)      0.7     —   (*) 

Stock volatility(3)

     —   (*)      —   (*)      58     —   (*) 

Dividend rate

     —   (*)      —   (*)      0     —   (*) 

 

(1) The option life was determined based upon historical option activity.
(2) The risk-free interest rate for each grant is equal to the U.S. Treasury yield curve in effect at the time of grant for instruments with a similar expected life.
(3) The stock volatility for each grant is measured using the weighted average of historical daily price changes of the Company’s common stock over the most recent period equal to the expected option life of the grant, the historical short-term trend of the option and other factors, such as expected changes in volatility arising from planned changes in the Company’s business operations.
(*) No stock options were granted by the Company during these periods.
Summary of Nonvested Restricted Stock

The following table summarizes the status of the Company’s non-vested restricted stock awards since June 30, 2011:

 

     Non-vested Restricted Stock Awards  
     Number of
Shares
    Weighted Average
Grant Date
Fair Value
 

Outstanding at June 30, 2011

     1,187      $ 11.23   

Granted

     585        14.30   

Vested

     (409     10.62   

Forfeited

     (88     13.14   
  

 

 

   

Outstanding at June 30, 2012

     1,275      $ 12.71   

Granted

     1,297        9.50   

Vested

     (360     11.57   

Forfeited

     (95     11.28   
  

 

 

   

Outstanding at December 31, 2012

     2,117      $ 11.00   
  

 

 

   
Stock Based Compensation Expenses

The following table presents share-based compensation expenses included in the Company’s consolidated statements of operations:

 

     Three Months Ended
December 31,
    Six Months Ended
December 31,
 
         2012             2011             2012             2011      

Cost of revenues

   $ 99      $ 70      $ 230      $ 158   

Selling, general and administrative

     1,706        1,573        3,609        3,248   

Research and development

     205        169        520        446   
  

 

 

   

 

 

   

 

 

   

 

 

 

Share-based compensation expense before tax

     2,010        1,812        4,359        3,852   

Income taxes

     (752     (664     (1,605     (1,383
  

 

 

   

 

 

   

 

 

   

 

 

 

Net compensation expense

   $ 1,258      $ 1,148      $ 2,754      $ 2,469