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Stock-Based Compensation (Tables)
9 Months Ended
Mar. 28, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Payment Award, Valuation Assumptions
The weighted average grant-date fair values were calculated using the following assumptions:

 

     Three Months Ended     Nine Months Ended  
     March 28, 2015     March 29, 2014     March 28, 2015     March 29, 2014  
     Stock
Option Plans
    ESPP     Stock Option
Plans
    ESPP     Stock
Option Plans
    ESPP     Stock Option
Plans
    ESPP  

Average risk free interest rate

     1.19 %     0.05 %     0.76 %     0.16 %     1.66 %     0.05 %     0.75 %     0.16 %

Expected life (in years)

     5.00       0.49       4.69       0.49       4.96       0.49       4.48       0.49  

Expected volatility

     77 %     62 %     78 %     62 %     78 %     62 %     76 %     62 %

Dividend yield

     0 %     0 %     0 %     0 %     0 %     0 %     0 %     0 %
Schedule of Share-based Compensation, Stock Options, Activity

A summary of stock option activity is presented below:

 

     Shares
(in thousands)
     Weighted-
Average
Exercise Price
Per Share
     Weighted-
Average
Remaining
Contractual
Term (years)
     Aggregate
Intrinsic
Value
(in thousands)
 

Outstanding at June 30, 2014

     1,158      $ 5.87        

Granted

     455      $ 9.14        

Exercised

     (54 )    $ 4.24        

Forfeited or Expired

     (33 )    $ 6.61        
  

 

 

          

Outstanding at March 28, 2015

  1,526   $ 6.89     8.0   $ 1,514  
  

 

 

    

 

 

    

 

 

    

 

 

 

Vested/Expected to Vest

  1,475   $ 6.82     7.9   $ 1,499  
  

 

 

    

 

 

    

 

 

    

 

 

 

Exercisable

  897   $ 5.45     7.1   $ 1,329