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Income Taxes (Tables)
12 Months Ended
Jun. 30, 2014
Income Tax Disclosure [Abstract]  
Deferred tax assets and liabilities
The components of the Company’s overall deferred tax assets and liabilities are as follows (in thousands):
 
 
June 30,
 
2014
 
2013
Deferred tax assets
 
 
 
Stock-based compensation
$
4,135

 
$
5,202

Accrued expenses
1,779

 
1,403

Inventories
639

 
825

Depreciation and amortization
266

 
221

Other
238

 
301

Research and development credit carryforwards
3,825

 
3,299

Net operating loss carryforwards
57,817

 
53,560

Total deferred tax assets
68,699

 
64,811

Valuation allowance
(68,699
)
 
(64,811
)
Net deferred tax assets
$

 
$

Summary of valuation allowances
A summary of the valuation allowances are as follows (in thousands):
 
Balance at June 30, 2012
$
56,465

Additions
8,346

Balance at June 30, 2013
64,811

Additions
3,888

Balance at June 30, 2014
$
68,699

Reconciliation of beginning and ending amount of unrecognized tax benefits
A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):
 
Balance at July 1, 2012
$
381

Increases related to prior year tax positions
3

Increases related to current year tax positions
8

Balance at June 30, 2013
392

Increases related to prior year tax positions
28

Increases related to current year tax positions
38

Balance at June 30, 2014
$
458