Stock-Based Compensation (Tables)

3 Months Ended

Sep. 30, 2011

Stock-Based Compensation [Abstract]

Weighted Average Assumptions

The weighted average estimated fair value of awards granted during the three months ended September 30, 2011 and 2010 was $6.46 and $4.83, respectively.  We utilized the Black-Scholes option valuation model with the following weighted average assumptions:

	Three Months Ended September 30,
	2011			2010
Risk-free interest rate		1.2	%		1.4	%
Expected dividend yield		0.0	%		0.0	%
Expected life (in years)		4.6			4.5
Expected volatility factor		49.6	%		52.9	%

Stock-based Compensation Expense

The stock-based compensation expense and its classification (dollars in thousands) in the condensed consolidated statements of operations for the three months ended September 30, 2011 and 2010 were as follows:

	Three Months Ended September 30,
Recorded as expense:	2011		2010
Cost of service and other	$	303	$	253
Selling and marketing		1,170		896
Research and development		348		289
General and administrative		1,887		1,259
Total stock-based compensation	$	3,708	$	2,697

Stock Options and RSU Activity

A summary of stock option and RSU activity under all equity plans for the three months ended September 30, 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, 2011		4,724,305		$	7.64			$	45,058		1,338,376		$	10.19
Granted		751,072			15.50						893,107			15.50
Settled(RSUs)		-			-						(248,703	)		11.78
Exercised		(243,024	)		9.17						-
Cancelled/Forfeited		(24,309	)		10.28						(37,552	)		10.73
Outstanding at September 30, 2011		5,208,044		$	8.69		5.5	$	34,434		1,945,228		$	12.41
Exercisable at September 30, 2011		3,872,167		$	7.07		4.2	$	31,775		-			-
Vested and expected to vest as of September 30, 2011		5,035,652		$	8.53		5.3	$	34,091		1,684,334		$	12.42