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Share-Based Payments (Tables)
12 Months Ended
Jun. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Restricted Stock
The per share fair value of RSUs granted with service conditions was determined on the date of grant using the fair market value of the shares on that date and is recognized as an expense over the requisite service period.

 
Shares
 
Weighted Average Grant Date Fair Value
Nonvested at June 30, 2012
2,886,668

 
$
29.45

Granted

 

Vested
(75,833
)
 
12.22

Forfeited and canceled
(941,667
)
 
28.35

Nonvested at June 30, 2013
1,869,168

 
$
31.11

Schedule of Stock Options
The following table summarizes the Company's stock option activity for year ended June 30, 2013:
 
 
Number of Options
Weighted average exercise price
Weighted average remaining contractual life (years)
Aggregate intrinsic value
Outstanding at June 30, 2012
3,067,503

$
6.24

9.16

$
1,155

Granted
18,818,547

0.90


521

Exercised




Forfeited and canceled
(3,981,322
)
1.41


1,696

Outstanding at June 30, 2013
17,904,728

1.70

9.09


Exercisable at June 30, 2013
5,618,408

$
1.84

8.77

$

Schedule weighted average assumptions
The fair value of options granted during the years ended June 30, 2013 and 2012 were estimated based on the following weighted average assumptions:
 
 
Year Ended June 30, 2013
 
Year Ended June 30, 2012
Expected volatility
80
%
 
63
%
Risk-free interest rate
0.93
%
 
1.15
%
Expected dividend yield

 

Expected life (in years)
6.82

 
6.25

Estimated fair value per option granted
$
0.66

 
$
6.82