Share-based Compensation (Tables)

3 Months Ended

Sep. 30, 2015

Share-based Compensation

Schedule of weighted average assumptions used to estimate fair values of the stock options granted and the estimated annual forfeiture rates used to recognize the associated compensation expense and the weighted average fair value of the options granted

	September 30, 2015		September 30, 2014
Risk-free interest rate	1.7	%	1.7	%
Expected volatility	48.3	%	52.1	%
Expected dividend yield	0.0	%	0.0	%
Forfeiture rate	6.5	%	6.5	%
Expected term (in years)	5.2 years		5.5 years
Weighted average fair value	$ 26.24		$ 16.82

Summary of stock option award activity

							Weighted
			Weighted-				Average
			Average		Aggregate		Remaining
			Exercise		Intrinsic		Contractual
(In thousands, except for weighted average price and life data)	Awards		Price		Value		Life (yrs.)
Outstanding at July 1, 2015	1,975		$	15.39
Granted	58		$	59.20
Exercised	(52	)	$	13.51	$	2,121
Forfeited, expired or repurchased	(21	)	$	17.76
Outstanding at September 30, 2015	1,960		$	16.71	$	50,090	7.0
Vested and expected to vest at September 30, 2015	1,911		$	16.31	$	49,504	7.0
Exercisable at September 30, 2015	1,228		$	11.26	$	37,340	6.2

Summary of nonvested restricted stock awards

(In thousands, except for weighted average price data)	Awards		Weighted Average Grant - date Fair Value		Aggregate Intrinsic Value
Non-vested at July 1, 2015	98		37.83
Granted	125		58.97
Vested	(57	)	46.87		$	3,302
Forfeited	(1	)	42.39
Non-vested at September 30, 2015	165		$	50.69

Schedule of allocation of share-based compensation costs recognized in the Consolidated Statements of Operations by financial statement line item

	Three Months Ended September 30,
(In thousands)	2015		2014
Selling, general and administrative	$	3,886	$	1,359
Research and development	188		120
Cost of sales	300		168
Total	$	4,374	$	1,647
Tax benefit at statutory rate	$	1,545	$	570