Stock-Based Compensation (Tables)

3 Months Ended

Sep. 30, 2015

Stock-Based Compensation

Weighted average assumptions

	Three Months Ended
	September 30,
	2015		2014
Risk-free interest rate	1.4	%	1.5	%
Expected dividend yield	0.0	%	0.0	%
Expected life (in years)	4.6		4.5
Expected volatility factor	34.1	%	35.0	%

Stock-based compensation expense

	Three Months Ended
	September 30,
	2015		2014
	(Dollars in Thousands)
Recorded as expenses:
Cost of services and other	$	357	$	338
Selling and marketing	912		750
Research and development	824		991
General and administrative	2,330		2,125
Total stock-based compensation	$	4,423	$	4,204

Stock options and RSU activity

	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, 2015	1,214,257		$	27.25	7.26	$	22,232	542,432		$	36.13
Granted	356,097		44.33					326,382		44.33
Settled (RSUs)	—							(89,900	)	36.62
Exercised	(39,313	)	15.46					—
Cancelled / Forfeited	(41,374	)	34.81					(47,848	)	35.47
Outstanding at September 30, 2015	1,489,667		$	31.43	7.59	$	13,439	731,066		$	39.78
Vested and exercisable at September 30, 2015	811,059		$	24.03	6.40	$	12,031	—
Vested and expected to vest as of September 30, 2015	1,413,489		$	30.95	7.52	$	13,278	649,061		$	39.78