Share-based Compensation (Tables)

3 Months Ended

Sep. 30, 2016

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, 2016			September 30, 2015
Risk-free interest rate	1.1		%	1.7		%
Expected volatility	55.6		%	48.3		%
Expected dividend yield	0.0		%	0.0		%
Forfeiture rate	6.5		%	6.5		%
Expected term (in years)	5.2 years			5.2 years
Weighted average fair value	$	15.33		$	26.24

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 June 30, 2016	1,730		$	16.77	$	19,524	6.3
Granted	11		$	31.30
Exercised	(169	)	$	6.42	$	4,017
Forfeited, expired or repurchased	(11	)	$	28.18
Outstanding at September 30, 2016	1,561		$	17.91	$	19,548	6.4
Vested and expected to vest at September 30, 2016	1,551		$	17.77	$	19,548	6.4
Exercisable at September 30, 2016	1,403		$	15.55	$	19,548	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 June 30, 2016	167		48.22
Granted	121		30.66
Vested	(75	)	43.80		$	2,302
Forfeited	(9	)	40.66
Non-vested at September 30, 2016	204		$	39.72

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)	2016		2015
Selling, general and administrative	$	1,972	$	3,886
Research and development	173		188
Cost of sales	311		300
Total	$	2,456	$	4,374
Tax benefit at statutory rate	$	897	$	1,545