Stock-Based Compensation

9 Months Ended

Mar. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation

Stock-Based Compensation

A summary of stock-based compensation expense, by functional line item in the condensed consolidated statements of operations is as follows:

	Three Months Ended				Nine Months Ended
	March 30, 2014		March 31, 2013		March 30, 2014		March 31, 2013
	(in thousands)
Cost of goods sold	$	233	$	248	$	469	$	744
Engineering and development	1,243		2,606		4,279		7,518
Sales and marketing	962		890		3,038		2,576
General and administrative	1,472		1,594		4,440		5,429
	$	3,910	$	5,338	$	12,226	$	16,267

A summary of stock option activity for the nine months ended March 30, 2014 is as follows:

	Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term	Aggregate Intrinsic Value
					(in years)	(in millions)
Options outstanding at June 30, 2013	4,220,262		$	12.28	2.47	$	0.6
Options granted	221,474		$	7.56
Options exercised	(78,499	)	$	4.80
Options expired	(1,119,055	)	$	17.88
Options forfeited	(79,129	)	$	7.61
Options outstanding at March 30, 2014	3,165,053		$	10.27	2.17	$	0.5
Options vested and expected to vest at March 30, 2014	3,136,858		$	10.30	2.13	$	0.5
Options exercisable at March 30, 2014	2,672,150		$	10.82	1.63	$	0.4

A summary of outstanding and unvested stock awards activity for nine months ended March 30, 2014 is as follows:

	Number of Awards		Weighted Average Grant Date Fair Value
Awards outstanding at June 30, 2013	3,413,522		$	7.74
Awards granted	2,477,365		$	7.51
Awards vested	(1,648,734	)	$	8.30
Awards canceled / forfeited	(598,695	)	$	7.68
Awards outstanding at March 30, 2014	3,643,458		$	7.34
Awards vested and expected to vest at March 30, 2014	3,234,694

A summary of Cash-Settled Unit Award activity for the nine months ended March 30, 2014 is as follows:

	Number of Awards		Weighted Average Grant Date Fair Value
Awards outstanding at June 30, 2013	552,723		$	7.41
Awards granted	11,145		$	7.74
Awards vested	(175,805	)	$	7.58
Awards canceled / forfeited	(68,911	)	$	7.58
Awards outstanding at March 30, 2014	319,152		$	7.30
Awards vested and expected to vest at March 30, 2014	295,708

As of March 30, 2014, the liability related to Cash-Settled Unit Awards was approximately $1.3 million.

As of March 30, 2014, there was approximately $17.9 million of total unrecognized compensation cost related to nonvested share-based compensation arrangements granted under the plans. Such cost is expected to be recognized over a weighted-average period of approximately 1.4 years.