Stock-Based Compensation (Tables)

12 Months Ended

Jun. 30, 2013

Stock-Based Compensation

Weighted Average Assumptions

We utilized the Black-Scholes option valuation model with the following weighted average assumptions:

	Year Ended June 30,
	2013			2012			2011
Risk-free interest rate		0.6	%		1.1	%		1.3	%
Expected dividend yield		None			None			None
Expected life (in years)		4.8			4.6			4.6
Expected volatility factor		49	%		50	%		53	%

Stock-based Compensation Expense

The stock-based compensation expense and its classification in the accompanying consolidated statements of operations for fiscal 2013, 2012 and 2011 was as follows:

	Year Ended June 30,
	2013		2012		2011
	(Dollars in Thousands)
Recorded as expenses:
Cost of service and other	$	1,281	$	1,168	$	945
Selling and marketing		3,890		4,601		3,603
Research and development		2,969		1,334		1,152
General and administrative		6,497		5,303		3,999
Total stock-based compensation	$	14,637	$	12,406	$	9,699

Stock Options and RSU Activity

 A summary of stock option and RSU activity under all equity plans in fiscal 2013, 2012 and 2011 is as follows:

	Stock Options									Restricted Stock Units
	Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value (in 000's)		Shares			Weighted Average Grant Date Fair Value
Outstanding at June 30, 2012		4,180,265		$	9.03						1,327,071		$	12.73
Granted		498,264			23.40						592,842			23.46
Settled (RSUs)		—			—						(815,440	)		13.99
Exercised		(2,743,772	)		7.71						—			—
Cancelled / Forfeited		(82,639	)		12.99						(73,634	)		15.59
Outstanding at June 30, 2013		1,852,118		$	14.68		6.80	$	26,140		1,030,839		$	17.69
Vested and exercisable at June 30, 2013		972,407		$	12.05		5.64	$	16,278		—			—
Vested and expected to vest at June 30, 2013		1,563,655		$	14.09		6.53	$	22,984		751,521		$	17.39