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Stock Option Plan
 6 Months Ended
Dec. 31, 2016
Stock Option Plan [Abstract]  
Stock Option Plan
10. Stock Option Plan

Transactions under the Company’s equity incentive plans are summarized as follows (in thousands, except per share data and contractual term):

  
Options Outstanding
 
   
Shares
Subject to
Options
Outstanding
  
Weighted-
Average
Exercise Price
 
Weighted-
Average
Remaining
Contractual
Term
(in years)
 
Aggregate
Intrinsic
Value
 
Balance at July 1, 2016
  
6,268
  
$
6.31
     
Options granted (weighted average fair value $3.25 per share)
  
1,416
   
7.98
     
Options exercised
  
(296
)
  
4.83
     
Options cancelled/forfeited
  
(309
)
  
6.87
     
Balance at December 31, 2016
  
7,079
  
$
6.69
   
7.05
  
$
6,303
 
Vested and expected to vest at December 31, 2016
  
5,962
  
$
6.51
   
6.67
  
$
6,177
 
Options exercisable at December 31, 2016
  
3,917
  
$
6.09
   
5.60
  
$
5,575
 
 
The total pre-tax intrinsic value for options exercised during the three months ended December 31, 2016 and 2015 was $0.1 million and $2.9 million, respectively, and $0.9 million and $3.4 million for the six months ended December 31, 2016 and 2015, respectively, representing the difference between the fair values of the Company’s common stock underlying these options at the dates of exercise and the exercise prices paid.