Document and Entity Information (USD $) In Millions, except Share data, unless otherwise specified	12 Months Ended
	Jun. 30, 2013	Aug. 31, 2013	Dec. 31, 2012
Document and Entity Information [Abstract]
Entity Registrant Name	Lifevantage Corp
Entity Central Index Key	0000849146
Document Type	10-K
Document Period End Date	Jun. 30, 2013
Amendment Flag	false
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--06-30
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Public Float			$ 243.7
Entity Common Stock, Shares Outstanding		117,615,915

Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Jun. 30, 2012
Current assets
Cash and cash equivalents	$ 26,299	$ 24,648
Accounts receivable, net	1,789	333
Income tax receivable	2,150	0
Inventory	10,524	11,353
Current deferred income tax asset	2,885	1,244
Prepaid expenses and deposits	2,294	1,250
Total current assets	45,941	38,828
Long-term assets
Property and equipment, net	5,692	1,997
Intangible assets, net	1,747	1,882
Long-term deferred income tax asset	730	1,479
Deposits	1,374	342
TOTAL ASSETS	55,484	44,528
Current liabilities
Accounts payable	5,171	3,615
Commissions payable	7,564	5,631
Reserve for sales returns	648	863
Accrued bonuses	50	2,287
Income tax payable	0	546
Other accrued expenses	7,009	2,932
Customer deposits	124	154
Total current liabilities	20,566	16,028
Long-term liabilities
Other long-term liabilities	973	217
Total liabilities	21,539	16,245
Commitments and contingencies- Note 6
Stockholders’ equity
Preferred stock — par value $0.001, 50,000 shares authorized, no shares issued or outstanding	0	0
Common stock — par value $0.001, 250,000 shares authorized and 117,088 and 110,174 issued and outstanding as of June 30, 2013 and 2012, respectively	121	111
Additional paid-in capital	110,413	105,154
Accumulated deficit	(76,476)	(76,961)
Accumulated other comprehensive loss	(113)	(21)
Total stockholders’ equity	33,945	28,283
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 55,484	$ 44,528

Consolidated Balance Sheets (Parenthetical) (USD $)	Jun. 30, 2013	Jun. 30, 2012
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	250,000,000	250,000,000
Common stock, shares issued	117,088,000	110,174,000
Common stock, shares outstanding	117,008,000	110,174,000

Consolidated Statements of Operations and Comprehensive Income (USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2011
Income Statement [Abstract]
Sales, net	$ 208,178	$ 126,183	$ 38,919
Cost of sales	31,845	18,052	5,917
Product recall costs	4,798	0	0
Gross profit	171,535	108,131	33,002
Operating expenses:
Sales and marketing	122,389	68,397	21,060
General and administrative	32,471	16,397	7,516
Research and development	2,948	1,359	509
Depreciation and amortization	1,659	521	215
Total operating expenses	159,467	86,674	29,300
Operating income	12,068	21,457	3,702
Other expense, net:
Interest and other expense, net	(915)	(44)	(5,948)
Change in fair value of derivative liabilities	0	(6,741)	(48,454)
Total other expense	(915)	(6,785)	(54,402)
Net income (loss) before income taxes	11,153	14,672	(50,700)
Income tax expense	(3,545)	(2,203)	(92)
Net income (loss)	7,608	12,469	(50,792)
Net income (loss) per share:
Basic	$ 0.07	$ 0.12	$ (0.69)
Diluted	$ 0.06	$ 0.11	$ (0.69)
Weighted average shares outstanding:
Basic	112,276	102,696	73,173
Diluted	122,888	118,331	73,173
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustment	(92)	38	(28)
Other comprehensive income (loss), net of tax:	(92)	38	(28)
Comprehensive income (loss)	$ 7,516	$ 12,507	$ (50,820)

Consolidated Statements of Stockholders' Equity (Deficit) (USD $) In Thousands, except Share data, unless otherwise specified	Total	Common Stock	Additional Paid In Capital	Accumulated Deficit	Accumulated Other Comprehensive Loss
Beginning Balances at Jun. 30, 2010	$ (16,175)	$ 61	$ 21,457	$ (37,662)	$ (31)
Beginning Balances, Shares at Jun. 30, 2010		61,495,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Exercise of options and warrants, shares		9,448,000
Exercise of options and warrants	13,101	10	13,091
Conversion of debt to equity, shares		27,851,000
Conversion of debt to equity	32,320	28	32,292
Options/warrants issued for services	766		766
Net income (loss)	(50,792)			(50,792)
Currency translation adjustment	(28)				(28)
Ending Balances at Jun. 30, 2011	(20,808)	99	67,606	(88,454)	(59)
Ending Balances, Shares at Jun. 30, 2011		98,794,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Exercise of options and warrants, shares		11,909,000
Exercise of options and warrants	19,759	12	19,747
Options/warrants issued for services	1,323		1,323
Issuance of restricted stock, shares		149,000
Repurchase of company stock, shares		(678,000)
Repurchase of company stock	(976)			(976)
Reclassification of liability awards	16,478		16,478
Net income (loss)	12,469			12,469
Currency translation adjustment	38				38
Ending Balances at Jun. 30, 2012	28,283	111	105,154	(76,961)	(21)
Ending Balances, Shares at Jun. 30, 2012		110,174,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Exercise of options and warrants, shares		7,270,000
Exercise of options and warrants	3,100	7	3,093
Options/warrants issued for services	2,169		2,169
Issuance of restricted stock, shares		2,616,000
Issuance of restricted stock		3	(3)
Repurchase of company stock, shares		(2,972,000)
Repurchase of company stock	(7,123)			(7,123)
Net income (loss)	7,608			7,608
Currency translation adjustment	(92)				(92)
Ending Balances at Jun. 30, 2013	$ 33,945	$ 121	$ 110,413	$ (76,476)	$ (113)
Ending Balances, Shares at Jun. 30, 2013		117,088,000

Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2011
Cash Flows from Operating Activities:
Net income (loss)	$ 7,608	$ 12,469	$ (50,792)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	1,659	521	215
Loss on disposal of equipment	0	37	0
Stock-based compensation	2,169	1,323	767
Impairment of inventory	3,923	0	0
Deferred income tax benefit	(892)	(2,723)	0
Non-cash interest expense from convertible debentures	0	0	4,747
Non-cash interest expense from amortization of deferred offering costs	0	0	845
Change in fair value of derivative liabilities	0	6,741	48,454
Changes in operating assets and liabilities:
Decrease/(increase) in accounts receivable and income tax receivable	(3,653)	609	(540)
(Increase) in inventory	(3,356)	(9,228)	(1,631)
(Increase) in prepaid expenses and deposits	(1,065)	(762)	(334)
(Increase) in long-term deposits	(1,168)	(310)	(4)
Increase in accounts payable	1,606	2,816	28
Increase/(decrease) in customer deposits	(13)	120	(1)
Increase in accrued expenses	3,403	7,581	2,933
Increase/(decrease) in other long-term liabilities	441	195	(6)
Net Cash Provided by Operating Activities	10,662	19,389	4,681
Cash Flows from Investing Activities:
Redemption of marketable securities	0	350	75
Purchase of equipment	(5,080)	(2,194)	(122)
Purchase of intangible assets	0	(52)	(42)
Net Cash Used in Investing Activities	(5,080)	(1,896)	(89)
Cash Flows from Financing Activities:
Net payments on revolving line of credit and accrued interest	0	(434)	0
Excess tax benefits from stock based compensation	1,406	388	0
Exercise of options and warrants	1,694	1,768	169
Repurchase of company stock	(7,123)	(976)	0
Net Cash (Used In) Provided by Financing Activities	(4,023)	746	169
Foreign Currency Effect on cash	92	38	(28)
Increase in cash and cash equivalents	1,651	18,277	4,733
Cash and Cash Equivalents - beginning of period	24,648	6,371	1,638
Cash and Cash Equivalents - end of period	26,299	24,648	6,371
Non Cash Investing and Financing Activities:
Conversion of debt to common stock	0	0	5,570
Conversion of derivative to common stock	0	0	26,749
Exercise of warrant liabilities	0	17,604	12,931
Increase in property and equipment/other long-term liabilities	359	0	0
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash paid for interest expense	3	0	385
Cash paid for income taxes	6,090	3,701	56
Common shares issued upon cashless warrant exercises (shares)	3,793	10,297	8,834
Total cashless exercise price of warrants	$ 2,147	$ 5,995	$ 6,395
Gross warrants underlying cashless exercises (in shares)	4,564	12,563	12,930

The Company	12 Months Ended
The Company	Jun. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]
The Company	The Company: LifeVantage Corporation is a company dedicated to helping people achieve their health, wellness and financial independence goals. We provide quality, scientifically-validated products and a financially rewarding network marketing business opportunity to customers and independent distributors who seek a healthy lifestyle and financial freedom. We sell our products in the United States, Japan, Hong Kong, Australia, Mexico and Canada through a network of independent distributors, and to preferred and retail customers. LifeVantage Corporation (“LifeVantage” or the “Company”) was incorporated in Colorado in 1988 under the nam Andraplex Corporation. The Company changed its name to Yaak River Resources, Inc. in 1992, to Lifeline Therapeutics, Inc. in 2004 and to LifeVantage Corporation in 2006. The Company is in the business of marketing and selling its proprietary products, primarily Protandim^®, to individuals throughout the United States and in Japan, Canada, Australia, Hong Kong, and Mexico. LifeVantage is a Colorado corporation with its corporate office in Sandy, Utah. In October 2004, the Company consummated an Agreement and Plan of Reorganization with Lifeline Nutraceuticals Corporation (“LNC”), a privately held Colorado corporation, formed on July 1, 2003. In October 2004 and March 2005 the shareholders of LNC exchanged 81% of their outstanding shares of common stock for 15,385,110 shares of common stock of the Company, which represented 94% of the then issued and outstanding shares of the Company. The Company assumed the obligations of LNC note holders as part of the transaction. In July 2009 the Company formed the subsidiaries LifeVantage de México, S. de R.L. de C.V. (Limited Liability Company), Importadora LifeVantage, S. de R.L. de C.V. (Limited Liability Company), and Servicios Administrativos para la Importación de Productos Body & Skin, S.C. to conduct business in Mexico. In January 2012, the Company formed LifeVantage Asia Pte. Ltd. (“LifeVantage Asia”) and LifeVantage Australia Pty. Ltd. (“LifeVantage Australia”). LifeVantage Asia is a wholly-owned subsidiary of the Company and LifeVantage Australia is a wholly-owned subsidiary of LifeVantage Asia. In February 2012, the Company formed LifeVantage Hong Kong Pte. Ltd. (“LifeVantage Hong Kong”) and LifeVantage Japan K.K. (“LifeVantage Japan”). LifeVantage Hong Kong and LifeVantage Japan are both wholly-owned subsidiaries of LifeVantage Asia. In July 2012, the Company formed LifeVantage Canada Ltd. to conduct business in Canada. In May 2013, the Company formed LifeVantage Commission Services Limited under the laws of Hong Kong. LifeVantage Canada Ltd. and LifeVantage Commission Services Limited are wholly-owned subsidiaries of the Company.

Summary of Significant Accounting Policies

12 Months Ended

Jun. 30, 2013

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

Consolidation

The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany accounts and transactions are eliminated in consolidation.

Use of Estimates

We prepare our consolidated financial statements and related disclosures in conformity with accounting principles generally accepted in the United States of America (GAAP). In preparing these statements, we are required to use estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from those estimates and assumptions. On an ongoing basis, we review our estimates, including those related to inventory obsolescence, sales returns, income taxes and tax valuation reserves, share-based compensation, derivative liabilities and loss contingencies.

Fair Value of Financial Instruments

Accounting guidance on fair value measurements and disclosures requires disclosures about the fair value for all financial instruments, whether or not recognized, for financial statement purposes. Disclosures about fair value of financial instruments are based on pertinent information available to management as of June 30, 2013 and 2012. Accordingly, the estimates presented in these consolidated financial statements are not necessarily indicative of the amounts that could be realized on disposition of the financial instruments.

Management has estimated the fair values of cash and cash equivalents, accounts receivable, accounts payable, and accrued expenses to approximate their respective carrying values reported in these consolidated financial statements because of their short maturities.

Cash and Cash Equivalents

The Company considers only its monetary liquid assets with original maturities of three months or less to be cash and cash equivalents.

Accounts Receivable

The Company’s accounts receivable for the years ended June 30, 2013 and 2012 consist primarily of credit card receivables. Based on the Company’s verification process for customer credit cards and historical information available, management has determined that an allowance for doubtful accounts on credit card sales related to its independent distributor and preferred customer sales as of June 30, 2013 is not necessary. No bad debt expense has been recorded for the years ended June 30, 2013, 2012, and 2011.

Inventory

Inventory is stated at the lower of cost or market value. Cost is determined using the first-in, first-out method. The Company has capitalized payments to its contract manufacturer for the acquisition of raw materials and commencement of the manufacturing, bottling and labeling of the Company’s product. As of June 30, 2013 and 2012, inventory consisted of (in thousands):



	June 30,
	2013		2012
Finished goods	$	5,273	$	5,964
Raw materials	5,251		5,389
Total inventory	$	10,524	$	11,353

We have recorded $3.9 million of inventory write-downs as of June 30, 2013, primarily related to our voluntary recall in December 2012.

Property and Equipment

Property and equipment are recorded at cost and depreciated using the straight-line method over the following useful lives:



	Years
Equipment (includes computer hardware and software)	3
Furniture and fixtures	5
Leasehold improvements	*
Vehicles	5

*Leasehold improvements are depreciated over the shorter of estimated useful life of the related asset or the lease term.

The cost of normal maintenance and repairs is charged to expense as incurred. When an asset is sold or otherwise disposed of, the cost and associated accumulated depreciation are removed from the accounts and the resulting gain or loss is recognized in the Consolidated Statements of Operations and Comprehensive Income. Significant expenditures that increase the useful life of an asset are capitalized and depreciated over the estimated useful life of the asset. Property and equipment are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. An impairment loss is recognized if the carrying amount of the asset exceeds its fair value.

Property and equipment consist of (in thousands):



	June 30,
	2013			2012
Equipment (includes computer hardware and software)	$	5,501		$	1,913
Furniture and fixtures	976			732
Leasehold improvements	1,220			15
Vehicles	142			—
Accumulated depreciation	(2,147		)	(663		)
Property and equipment, net	$	5,692		$	1,997

Depreciation expense totaled $1.5 million, $0.4 million, and $0.1 million for the years ended June 30, 2013, 2012, and 2011, respectively.

Intangible Assets

The costs of applying for patents are capitalized and, once the patent is granted, will be amortized on a straight-line basis over the lesser of the patent’s economic or legal life. Capitalized costs will be expensed if patents are not granted or it is determined that the patent is impaired. The Company reviews the carrying value of its patent costs periodically to determine whether the patents have continuing value and such reviews could result in impairment of the recorded amounts. Trademarks are not amortized, rather they are subject to annual impairment tests. Annual impairment tests were completed resulting in no impairment charges for any of the periods shown. As of June 30, 2013 and June 30, 2012, intangible assets consisted of (in thousands):



	June 30,
	2013			2012
Patent costs	$	2,321		$	2,321
Trademark costs	202			202
Accumulated amortization	(776		)	(641		)
Intangible assets, net	$	1,747		$	1,882

Amortization expense totaled $0.1 million, $0.1 million, and $0.1 million for the years ended June 30, 2013, 2012, and 2011 respectively. Annual estimated amortization expense is expected to approximate $0.1 million for each of the five succeeding fiscal years.

Impairment of Long-Lived Assets

Pursuant to guidance established for impairment or disposal of assets, the Company assesses impairment whenever events or changes in circumstances indicate that the carrying amount of a long-lived asset may not be recoverable. When an assessment for impairment of long-lived assets, long-lived assets to be disposed of, and certain identifiable intangibles related to those assets is performed, the Company is required to compare the net carrying value of long-lived assets on the lowest level at which cash flows can be determined on a consistent basis to the related estimates of future undiscounted net cash flows for such assets. If the net carrying value exceeds the net cash flows, then an impairment is recognized to reduce the carrying value to the estimated fair value, generally equal to the future discounted net cash flow. For the years ended June 30, 2013 and 2012 management has concluded that there are no indications of impairment.

Other Accrued Expenses

Other accrued expenses consist of the following (in thousands):



	June 30,
	2013		2012
Accrued severance	$	1,602	$	—
Accrued incentives and promotions to distributors	1,122		320
Accrued payroll and payroll taxes	725		433
Deferred revenue	421		210
Accrued sales and use tax	742		727
Other accrued employee expenses	663		384
Accrued other expenses	1,734		858
	$	7,009	$	2,932

Concentration of Credit Risk

Accounting guidance for financial instruments requires disclosure of significant concentrations of credit risk regardless of the degree of such risk. Financial instruments with significant credit risk include cash and cash equivalents. At June 30, 2013, the Company had $12.0 million in cash accounts at one financial institution, $4.2 million in foreign banks and $10.0 million in an investment management account at another financial institution. As of June 30, 2013 and 2012 and throughout the year the Company’s cash balances exceeded federally insured limits.

Revenue Recognition

The Company ships the majority of its product directly to the consumer via UPS and receives substantially all payment for these sales in the form of credit card receipts. Revenue from direct product sales to customers is recognized upon passage of title and risk of loss to customers when product is shipped from the fulfillment facility. Estimated returns are recorded when product is shipped. The Company’s return policy is to provide a 30-day money back guarantee on orders placed by customers. After 30 days, the Company does not issue refunds to direct sales customers for returned product. In the network marketing sales channel, the Company allows terminating distributors to return unopened, unexpired product that they have purchased within the prior twelve months, subject to certain consumption limitations. The Company establishes the returns reserve based on historical experience. The returns reserve is evaluated on a quarterly basis. As of June 30, 2013 and June 30, 2012, the Company’s reserve balance for returns and allowances was $0.6 million and $0.9 million, respectively.

Shipping and Handling

Shipping and handling costs associated with inbound freight and freight out to customers including independent distributors are included in cost of sales. Shipping and handling fees charged to all customers are included in sales.

Research and Development Costs

The Company expenses all costs related to research and development activities as incurred. Research and development expenses for the years ended June 30, 2013, 2012, and 2011 were $2.9 million, $1.4 million, and $0.5 million respectively.

Stock-Based Compensation

All share-based payments, including grants of stock options and restricted stock, are required to be recognized in the Company's financial statements based upon their respective grant date fair values. The Black-Scholes option pricing model is used to estimate the fair value of stock options. The determination of the fair value of stock options is affected by the Company's stock price and a number of assumptions, including expected volatility, expected life, risk-free interest rate and expected dividends. The Company uses historical volatility as the expected volatility assumption required in the Black-Scholes model. The Company utilizes a simplified method for estimating the expected life of the options. The Company uses this method because it believes that it provides a better estimate than the Company’s historical data as post vesting exercises have been limited. The risk-free interest rate assumption is based on observed interest rates appropriate for the expected terms of the stock options. The fair value of restricted stock grants is based on the closing market price of the Company's stock on the date of grant less the Company's expected dividend yield. The Company recognizes stock-based compensation net of any estimated forfeitures on a straight-line basis over the requisite service period of the award.

Interest and Other Expense, net

Interest and other expense, net for the years ended June 30, 2013 , 2012 and 2011 was as follows (in thousands):



	Year ended June 30,
	2013			2012			2011
Interest expense	$	(3	)	$	(8	)	$	(5,993	)
Business development incentive, net	695			—			—
Foreign currency gain (loss), net	(1,689		)	(102		)	15
Gain on settlement of forward contract	42			—			—
Other income (expense), net	40			66			30
Total interest and other expense, net	$	(915	)	$	(44	)	$	(5,948	)

In January 2013, the Company began operations of a foreign subsidiary that qualifies for a government-sponsored business development incentive. Under the incentive program, the Company's foreign subsidiary is allowed to retain certain non-income based taxes during the twelve month period ending December 31, 2013, rather than remit such taxes to the government.

Income Taxes

Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry-forwards. Deferred tax assets and liabilities are measured using statutory tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities from a change in tax rates is recognized in income in the period that includes the effective date of the change. In December 2011, we determined it was more likely than not that the deferred tax asset would be realized and as a result we released the valuation allowance we had established resulting in a net benefit of $2.8 million which represents the benefit expected to be realized in future years.

The Company recognizes tax benefits from an uncertain position only if it is more likely than not that the position will be sustained upon examination by taxing authorities based on the technical merits of the issue. The amount recognized is the largest benefit that the Company believes has greater than a 50% likelihood of being realized upon settlement.

Income (Loss) Per Share

Basic income (loss) per share is computed by dividing the net income or loss by the weighted average number of common shares outstanding during the period. Diluted income (loss) per common share is computed by dividing net income (loss) by the weighted average common shares and potentially dilutive common share equivalents. The effects of approximately 36 million common shares issuable as of June 30, 2011 pursuant to the convertible debentures and warrants issued in the Company’s private placement offerings, compensation based warrants issued by the Company and the Company’s 2007 and 2010 Long-Term Incentive Plans are not included in the computations as their effect was antidilutive. Because the Company incurred a net loss for the year ended June 30, 2011 the basic and diluted average outstanding shares are the same.

The following is a reconciliation of earnings per share and the weighted-average common shares outstanding for purposes of computing basic and diluted net income per share (in thousands, except per share amounts):



	Year ended June 30,
	2013		2012		2011
Numerator:
Net income (loss)	$	7,608	$	12,469	$	(50,792	)
Denominator:
Basic weighted-average common shares outstanding	112,276		102,696		73,173
Effect of dilutive securities:
Stock awards and options	3,832		5,516		—
Warrants	6,780		10,119		—
Diluted weighted-average common shares outstanding	122,888		118,331		73,173
Basic	$	0.07	$	0.12	$	(0.69	)
Diluted	$	0.06	$	0.11	$	(0.69	)

Foreign Currency Translation

A portion of the Company’s business operations occurs outside the United States. The local currency of each of the Company’s subsidiaries is considered its functional currency. All assets and liabilities are translated into U.S. dollars at exchange rates existing at the balance sheet dates, revenue and expenses are translated at weighted-average exchange rates and stockholders’ equity is recorded at historical exchange rates. The resulting foreign currency translation adjustments are recorded as a separate component of stockholders’ equity in the consolidated balance sheets and transaction gains and losses are included in other income and expense in the consolidated financial statements.

Segment Information

The Company operates in a single operating segment by selling products to a global network of independent distributors that operates in a seamless manner from market to market. Selling expenses are the Company’s largest expense comprised of the commissions paid to its worldwide independent distributors. The Company manages its business primarily by managing its global network of independent distributors. The Company reports revenue in two geographic regions: Americas and Asia/Pacific. Revenues by geographic area are as follows (in thousands):



	Years ended June 30,
	2013		2012		2011
Americas	$	133,046	$	90,122	$	31,625
Asia/Pacific	75,132		36,061		7,294
Total revenues	$	208,178	$	126,183	$	38,919

Additional information as to the Company’s operations in the most significant geographical areas is set forth below (in thousands):



	Years ended June 30,
	2013		2012		2011
United States	$	131,508	$	89,230	31,218
Japan	69,492		35,449		7,294

As of June 30, 2013 long-lived assets were $4.8 million in the U.S. and $3.0 million in Japan. As of June 30, 2012 long-lived assets were $3.8 million in the U.S. and $0 in Japan.

New Accounting Pronouncements

In July 2012, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2012-2 “Intangibles – Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment,” which permits an entity to first assess qualitative factors to determine whether it is more likely than not that an indefinite-lived intangible asset is impaired before performing quantitative impairment testing. The amendments do not change the measurement of impairment losses. This update is effective for fiscal years beginning after September 15, 2012, with early adoption permitted. Management does not expect adoption of this ASU to have a material impact on the Company’s results of operations, financial position or cash flow.

In February 2013, the FASB issued ASU No. 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. This pronouncement was issued to improve the reporting of reclassifications out of accumulated other comprehensive income. The amendments in this update seek to attain that objective by requiring an entity to report the effect of significant reclassifications out of accumulated other comprehensive income on the respective line items in net income if the amount being reclassified is required under U.S. GAAP to be reclassified in its entirety to net income. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety to net income in the same reporting period, an entity is required to cross-reference other disclosures required under U.S. GAAP that provide additional detail about those amounts. This would be the case when a portion of the amount reclassified out of accumulated other comprehensive income is reclassified to a balance sheet account (i.e. inventory) instead of directly to income or expense in the same reporting period. This pronouncement is effective prospectively for reporting periods beginning after December 15, 2012. The adoption of ASU 2013-02 is not expected to have a material impact on the Company's consolidated financial position, results of operations or cash flows.

Share-Based Compensation

12 Months Ended

Jun. 30, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Share-Based Compensation

Equity Incentive Plans

The Company adopted and the shareholders approved the Company’s 2007 Long-Term Incentive Plan (the “2007 Plan”), effective November 21, 2006, to provide incentives to certain employees, officers, directors and consultants who contribute to the strategic and long-term performance objectives and growth of the Company. A maximum of 10 million shares of the Company’s common stock can be issued under the 2007 Plan in connection with the grant of awards. Awards to purchase common stock have been granted pursuant to the 2007 Plan and are outstanding to various employees, officers, directors, Scientific Advisory Board members and independent distributors at prices between $0.21 and $1.50 per share, with initial vesting periods that ranged from one to three years. Awards expire in accordance with the terms of each award and the shares subject to the award are added back to the 2007 Plan upon expiration of the award. The contractual term of stock options granted is generally ten years. As of June 30, 2013 there were awards outstanding, net of awards expired, for the purchase in aggregate of 3,950,976 shares of the Company’s common stock. As of June 30, 2013 there were 27,269 shares available for issuance under the 2007 Plan.

The Company adopted and the shareholders approved the Company’s 2010 Long-Term Incentive Plan (the “2010 Plan”), effective November 19, 2010, to provide incentives to certain employees, officers, directors and consultants who contribute to the strategic and long-term performance objectives and growth of the Company. A maximum of 6,900,000 shares of the Company’s common stock can be issued under the 2010 Plan in connection with the grant of awards. Awards to purchase common stock have been granted pursuant to the 2010 Plan and are outstanding to various employees, officers and directors. Outstanding stock options awarded under the 2010 Plan have exercise prices between $0.63 and $3.53 and vest over one to four year periods. Awards expire in accordance with the terms of each award and the shares subject to the award are added back to the 2010 Plan upon expiration of the award. The contractual term of stock options granted is generally ten years. As of June 30, 2013 there were awards outstanding, net of awards expired, for an aggregate of 3,058,976 shares of the Company’s common stock. As of June 30, 2013 there were 370,000 shares available for issuance under the 2010 Plan.

Stock-Based Compensation

In accordance with accounting guidance on stock based compensation, payments in equity instruments for goods or services are accounted for by the fair value method. For the fiscal years ended June 30, 2013, 2012 and 2011, stock based compensation of $2.2 million, $1.3 million and $0.8 million, respectively, was reflected as an increase to additional paid in capital. Of the $2.2 million stock-based compensation for the fiscal year ended June 30, 2013, $2.2 million was employee related and $0 was non-employee related. Of the $1.3 million stock-based compensation for the fiscal year ended June 30, 2012, $1.2 million was employee related and $0.1 million was non-employee related. Of the $0.8 million stock-based compensation for the fiscal year ended June 30, 2011, $0.7 million was employee related and $0.1 million was non-employee related.

The fair value of stock option awards was estimated using the Black-Scholes option-pricing model with the following assumptions and weighted-average fair values:



	June 30,
	2013		2012		2011
Risk-free interest rate	0.82	%	0.59% - 1.41%		1.33% - 2.64%
Dividend yield	—	%	—	%	—	%
Expected life in years	5.0 - 6.08		3.0 - 6.65		3.0 - 6.65
Expected volatility	127	%	119% - 137%		125% - 129%

The following is a summary of stock option activity for the years ended June 30, 2013, 2012 and 2011:



	Options (in thousands)		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (in thousands)
Outstanding at June 30, 2010	8,536		$	0.50	8.39	$	820
Granted	2,632		$	1.04	9.65	$	1,336
Exercised	(470	)	$	0.32	7.54	$	252
Forfeited	(200	)	$	0.74
Expired or Cancelled	—		$	—
Outstanding at June 30, 2011	10,498		$	0.64	7.93	$	9,139
Granted	2,086		$	1.89	9.61	$	2,122
Exercised	(1,612	)	$	0.45	6.97	$	2,038
Forfeited	(27	)	$	1.36
Expired or Cancelled	—		$	—
Outstanding at June 30, 2012	10,945		$	0.91	7.43	$	21,219
Granted	152		$	2.82	9.03	$	—
Exercised	(3,319	)	$	0.49	5.46	$	7,128
Forfeited	(768	)	$	1.54
Expired or Cancelled	—
Outstanding at June 30, 2013	7,010		$	1.08	6.71	$	9,211
Exercisable at June 30, 2013	5,609		$	0.81	6.30	$	8,574

The Company also granted 50,000 Stock Appreciation Rights (SARs) to an employee during the year ended June 30, 2012 which are all outstanding at June 30, 2013.

The following is a summary of restricted shares granted during the years ended June 30, 2013 and 2012:



Nonvested Shares	Shares (in thousands)		Weighted Average Grant Date Fair Value
Nonvested at June 30, 2011	—		—
Granted	164		$	3.34
Vested	—		—
Forfeited	(2	)	$	3.36
Nonvested at June 30, 2012	162		3.34
Vested at June 30, 2012	—		—

Granted	2,808		2.62
Vested	(37	)	—
Forfeited	(196	)	3.25
Nonvested at June 30, 2013	2,737		2.61
Vested at June 30, 2013	—		—

At June 30, 2013 there was $7.4 million of unrecognized compensation cost related to nonvested share-based compensation arrangements under the 2010 Plan, based on management's estimate of the shares that will ultimately vest. The Company expects to recognize such costs over a weighted average period of 3.0 years.

Warrants

As of June 30, 2013 the Company had outstanding warrants which were issued in conjunction with convertible debentures between November 2009 and February 2010.

The following is a summary of the warrant activity for the years ended June 30, 2013, 2012 and 2011 (in thousands):



	Common Stock Warrants
Outstanding and exercisable, June 30, 2010	38,580
Issued	108
Cancelled	—
Exercised	(13,228	)
Expired	—
Outstanding and exercisable at June 30, 2011	25,460
Issued	270
Cancelled	—
Exercised	(12,563	)
Expired	(203	)
Outstanding and exercisable at June 30, 2012	12,964
Issued	—
Cancelled	—
Exercised	(4,723	)
Expired	—
Outstanding and exercisable at June 30, 2013	8,241

As of June 30, 2013 and 2012, the Company had no warrants classified as derivative liabilities.

As of June 30, 2011, the Company classified warrants to acquire an aggregate of 8,360,000 shares issued in conjunction with the 2009 private placement of common stock as a short-term derivative liability. The Company estimated the fair value of the liability at June 30, 2011 as $7.4 million using the Black-Scholes Merton model adjusted for dilution with the following assumptions:


1)	risk free rate of 1.33 percent;


2)	dividend yield of -0- percent;


3)	expected life of 0.72 years to 0.78 years; and


4)	a volatility factor of the expected market price of the Company’s common stock of 106 percent.

As of June 30, 2011, the Company classified warrants to acquire an aggregate of 15,168,052 shares issued in conjunction with the 2009 and 2010 convertible debentures as a long-term derivative liability. The Company estimated the fair value of the liability at June 30, 2011 as $19.9 million using the Black-Scholes Merton model adjusted for dilution with the following assumptions:


1)	risk free rate of 0.81 to 2.13 percent;


2)	dividend yield of -0- percent;


3)	expected life of 3.43 to 5.68 years; and


4)	a volatility factor of the expected market price of the Company’s common stock of between 137 and 138 percent.

Income Taxes

12 Months Ended

Jun. 30, 2013

Income Tax Disclosure [Abstract]

Income Taxes

As of June 30, 2013, the Company had a Federal net operating loss (“NOL”) carry-forward of approximately $3.3 million. The net operating losses expire in 2029 and are subject to review by the Internal Revenue Service, and are subject to U.S. Internal Revenue Code Section 382 limitations. State NOLs are $9.9 million. Foreign NOLs are $1.0 million. The income tax expense (benefit) for the years ended June 30, 2013, 2012, and 2011 consists of the following (in thousands):



	2013			2012			2011
Income / (Loss) Before Income Taxes:
Domestic	$	11,250		$	14,556		$	(50,535	)
International	(97		)	116			(165		)
	$	11,153		$	14,672		$	(50,700	)
Current Taxes:
Federal	$	4,087		$	3,758		$	—
State	383			1,121			92
Foreign	(33		)	47			—
Total Current Income Tax Provision	$	4,437		$	4,926		$	92
Deferred Taxes:
Federal	(706		)	(2,110		)	—
State	(77		)	(601		)	—
Foreign	(109		)	(12		)	—
Total Deferred Income Tax Provision	$	(892	)	$	(2,723	)	$	—
Net Income Tax Provision	$	3,545		$	2,203		$	92

The effective income tax rate for the years ended June 30, 2013 , 2012 and 2011 differs from the U.S. Federal statutory income tax rate due to the following:



	2013		2012		2011
Federal statutory income tax rate	35.00	%	35.00	%	(34.00	)%
State income taxes, net of federal benefit	1.76	%	5.50	%	0.24	%
Tax return to provision true-up	(2.51	)%	(1.01	)%	(1.35	)%
Permanent differences:
— interest on convertible debt	0.00	%	0.00	%	3.44	%
— change in derivative liability	0.00	%	16.14	%	32.44	%
— stock option compensation	0.78	%	0.30	%	0.21	%
— domestic production activities deduction	(2.73	)%	0.00	%	0.00	%
— credit for increasing research activities	(0.67	)%	0.00	%	0.00	%
— other	0.08	%	(0.44	)%	0.12	%
Decrease in valuation allowance	0.00	%	(39.45	)%	(0.91	)%
Net income tax provision (benefit)	31.71	%	16.04	%	(0.18	)%

The components of the deferred tax assets and liabilities as of June 30, 2013 and 2012 are as follows (in thousands):



	2013			2012
Deferred tax assets:
Federal, state, and foreign net operating loss carryovers	$	1,768		$	2,453
Stock option compensation	1,212			988
Accrued vacation, allowance for returns, bonuses & other	2,493			600
Gross deferred tax asset	$	5,473		$	4,041

Deferred tax liabilities:
Patents and trademarks	(536		)	(587		)
Change in tax accounting methods	(297		)	(44		)
Property & equipment	(824		)	(540		)
Gross deferred tax liabilities	(1,657		)	(1,171		)
Less: valuation allowance	(201		)	(147		)
Deferred tax assets, net	$	3,615		$	2,723

The Company has adopted accounting guidance for uncertain tax positions which provides that in order to recognize an uncertain tax benefit, the taxpayer must be more likely than not of sustaining the position, and the measurement of the benefit is calculated as the largest amount that is more than 50% likely to be realized upon recognition of the benefit. We believe the Company has no material uncertain tax positions and do not expect significant changes within the next twelve months in the amount of unrecognized tax benefits. Accordingly, we have not reserved for interest or penalties. The tax years open for examination by the Internal Revenue Service (“IRS”) include returns for fiscal years June 30, 2010 through present and the open tax years by state tax authorities include returns for fiscal years June 30, 2009 through present. In addition, the IRS and state tax authorities may examine NOLs for any previous years if utilized by the Company.

The total recognized tax benefit from settlement of stock based awards for the period ending June 30, 2013 was $1.7 million.

The Company conducts its business globally. As a result, the Company and its subsidiaries file income tax returns in the U.S. federal jurisdiction and various state and foreign jurisdictions, and are subject to examination for the open tax years of June 30, 2009 through June 30, 2012.

The Company recognizes interest expense and penalties related to income tax matters in income tax expense. No significant amounts were recorded related to interest expense and penalties related to income tax matters by the Company during the years ended June 30, 2013, 2012, or 2011, respectively.

Commitments and Contingencies

12 Months Ended

Jun. 30, 2013

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Operating Leases

The Company leases its facilities under non-cancelable operating leases, which expire at various dates through 2023. The facilities' leases contain renewal options and are subject to cost increases. Future minimum annual payments under non-cancelable operating leases at June 30, 2013 are as follows (in thousands):



Year ending June 30,
2014	$	2,337
2015	2,714
2016	2,688
2017	2,727
2018	1,284
Thereafter	7,272
Total future minimum Lease payments	$	19,022

Rent expense totaled $1.8 million, $0.4 million, and $0.3 million for the years ended June 30, 2013, 2012, and 2011, respectively.

Contingencies

The Company is occasionally involved in lawsuits and disputes arising in the normal course of business. In the opinion of management, based upon advice of counsel, the likelihood of an adverse outcome against the Company is remote. As such, management believes that the ultimate outcome of these lawsuits will not have a material impact on the Company's financial position or results of operations.

Interim Financial Results (Unaudited)

12 Months Ended

Jun. 30, 2013

Quarterly Financial Information Disclosure [Abstract]

Interim Financial Results (Unaudited)

The following summarizes selected quarterly financial information for quarterly periods during the years ended June 30, 2013 and 2012:

LIFEVANTAGE CORPORATION AND SUBSIDIARY

CONDENSED CONSOLIDATED QUARTERLY RESULTS

(in thousands except per share data)



	Quarter									Year ended June 30, 2013
Year ended June 30, 2013	First		Second		Third		Fourth			Year ended June 30, 2013
Sales, net	$	52,859	$	53,438	$	50,370	$	51,511		$	208,178
Gross profit	45,052		38,760		43,501		44,222			171,535
Net income (loss)	$	4,165	$	209	$	3,416	$	(182	)	$	7,608
Per common share:
Income (loss) per share, basic	$	0.04	$	—	$	0.03	$	—		$	0.07
Income (loss) per share diluted	$	0.03	$	—	$	0.03	$	—		$	0.06



	Quarter									Year ended June 30, 2012
Year ended June 30, 2012	First		Second		Third			Fourth		Year ended June 30, 2012
Sales, net	$	20,083	$	25,284	$	36,212		$	44,604	$	126,183
Gross profit	17,127		21,604		31,223			38,177		$	108,131
Net income (loss)	$	3,724	$	8,759	$	(4,846	)	$	4,832	$	12,469
Per common share:
Income (loss) per share, basic	$	0.04	$	0.09	$	(0.05	)	$	0.04	$	0.12
Income (loss) per share, diluted	$	0.02	$	0.05	$	(0.05	)	$	0.04	$	0.11

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Jun. 30, 2013

Accounting Policies [Abstract]

Consolidation

The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany accounts and transactions are eliminated in consolidation.

Use of Estimates

Fair Value of Financial Instruments

Cash and Cash Equivalents

The Company considers only its monetary liquid assets with original maturities of three months or less to be cash and cash equivalents.

Accounts Receivable

Inventory

Property and Equipment

Property and equipment are recorded at cost and depreciated using the straight-line method over the following useful lives:



	Years
Equipment (includes computer hardware and software)	3
Furniture and fixtures	5
Leasehold improvements	*
Vehicles	5

*Leasehold improvements are depreciated over the shorter of estimated useful life of the related asset or the lease term.

Intangible Assets

Impairment of Long-Lived Assets

Concentration of Credit Risk

Revenue Recognition

Shipping and Handling

Research and Development Costs

The Company expenses all costs related to research and development activities as incurred.

Stock-Based Compensation

Income Taxes

Income (Loss) Per Share

Foreign Currency Translation

Segment Information

New Accounting Pronouncements

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jun. 30, 2013

Accounting Policies [Abstract]

Components of Inventory

As of June 30, 2013 and 2012, inventory consisted of (in thousands):



	June 30,
	2013		2012
Finished goods	$	5,273	$	5,964
Raw materials	5,251		5,389
Total inventory	$	10,524	$	11,353

Property and Equipment

Property and equipment consist of (in thousands):



	June 30,
	2013			2012
Equipment (includes computer hardware and software)	$	5,501		$	1,913
Furniture and fixtures	976			732
Leasehold improvements	1,220			15
Vehicles	142			—
Accumulated depreciation	(2,147		)	(663		)
Property and equipment, net	$	5,692		$	1,997

Property and equipment are recorded at cost and depreciated using the straight-line method over the following useful lives:



	Years
Equipment (includes computer hardware and software)	3
Furniture and fixtures	5
Leasehold improvements	*
Vehicles	5

*Leasehold improvements are depreciated over the shorter of estimated useful life of the related asset or the lease term.

Intangible Assets

As of June 30, 2013 and June 30, 2012, intangible assets consisted of (in thousands):



	June 30,
	2013			2012
Patent costs	$	2,321		$	2,321
Trademark costs	202			202
Accumulated amortization	(776		)	(641		)
Intangible assets, net	$	1,747		$	1,882

Summary of other accrued expenses

Other accrued expenses consist of the following (in thousands):



	June 30,
	2013		2012
Accrued severance	$	1,602	$	—
Accrued incentives and promotions to distributors	1,122		320
Accrued payroll and payroll taxes	725		433
Deferred revenue	421		210
Accrued sales and use tax	742		727
Other accrued employee expenses	663		384
Accrued other expenses	1,734		858
	$	7,009	$	2,932

Schedule of interest and other expense, net

Interest and other expense, net for the years ended June 30, 2013 , 2012 and 2011 was as follows (in thousands):



	Year ended June 30,
	2013			2012			2011
Interest expense	$	(3	)	$	(8	)	$	(5,993	)
Business development incentive, net	695			—			—
Foreign currency gain (loss), net	(1,689		)	(102		)	15
Gain on settlement of forward contract	42			—			—
Other income (expense), net	40			66			30
Total interest and other expense, net	$	(915	)	$	(44	)	$	(5,948	)

Reconciliation of earnings per share and the weighted-average common shares outstanding for purposes of computing basic and diluted net income per share



	Year ended June 30,
	2013		2012		2011
Numerator:
Net income (loss)	$	7,608	$	12,469	$	(50,792	)
Denominator:
Basic weighted-average common shares outstanding	112,276		102,696		73,173
Effect of dilutive securities:
Stock awards and options	3,832		5,516		—
Warrants	6,780		10,119		—
Diluted weighted-average common shares outstanding	122,888		118,331		73,173
Basic	$	0.07	$	0.12	$	(0.69	)
Diluted	$	0.06	$	0.11	$	(0.69	)

Revenues from unaffiliated customers by geographic regions and significant geographic area

Revenues by geographic area are as follows (in thousands):



	Years ended June 30,
	2013		2012		2011
Americas	$	133,046	$	90,122	$	31,625
Asia/Pacific	75,132		36,061		7,294
Total revenues	$	208,178	$	126,183	$	38,919

Additional information as to the Company’s operations in the most significant geographical areas is set forth below (in thousands):



	Years ended June 30,
	2013		2012		2011
United States	$	131,508	$	89,230	31,218
Japan	69,492		35,449		7,294

Share-Based Compensation (Tables)

12 Months Ended

Jun. 30, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock Option Awards Fair Value Valuation Assumptions

The fair value of stock option awards was estimated using the Black-Scholes option-pricing model with the following assumptions and weighted-average fair values:



	June 30,
	2013		2012		2011
Risk-free interest rate	0.82	%	0.59% - 1.41%		1.33% - 2.64%
Dividend yield	—	%	—	%	—	%
Expected life in years	5.0 - 6.08		3.0 - 6.65		3.0 - 6.65
Expected volatility	127	%	119% - 137%		125% - 129%

Summary of Stock Option Activity

The following is a summary of stock option activity for the years ended June 30, 2013, 2012 and 2011:



	Options (in thousands)		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (in thousands)
Outstanding at June 30, 2010	8,536		$	0.50	8.39	$	820
Granted	2,632		$	1.04	9.65	$	1,336
Exercised	(470	)	$	0.32	7.54	$	252
Forfeited	(200	)	$	0.74
Expired or Cancelled	—		$	—
Outstanding at June 30, 2011	10,498		$	0.64	7.93	$	9,139
Granted	2,086		$	1.89	9.61	$	2,122
Exercised	(1,612	)	$	0.45	6.97	$	2,038
Forfeited	(27	)	$	1.36
Expired or Cancelled	—		$	—
Outstanding at June 30, 2012	10,945		$	0.91	7.43	$	21,219
Granted	152		$	2.82	9.03	$	—
Exercised	(3,319	)	$	0.49	5.46	$	7,128
Forfeited	(768	)	$	1.54
Expired or Cancelled	—
Outstanding at June 30, 2013	7,010		$	1.08	6.71	$	9,211
Exercisable at June 30, 2013	5,609		$	0.81	6.30	$	8,574

Summary of Nonvested Restricted Shares

The following is a summary of restricted shares granted during the years ended June 30, 2013 and 2012:



Nonvested Shares	Shares (in thousands)		Weighted Average Grant Date Fair Value
Nonvested at June 30, 2011	—		—
Granted	164		$	3.34
Vested	—		—
Forfeited	(2	)	$	3.36
Nonvested at June 30, 2012	162		3.34
Vested at June 30, 2012	—		—

Granted	2,808		2.62
Vested	(37	)	—
Forfeited	(196	)	3.25
Nonvested at June 30, 2013	2,737		2.61
Vested at June 30, 2013	—		—

Summary of the Warrants Granted

The following is a summary of the warrant activity for the years ended June 30, 2013, 2012 and 2011 (in thousands):



	Common Stock Warrants
Outstanding and exercisable, June 30, 2010	38,580
Issued	108
Cancelled	—
Exercised	(13,228	)
Expired	—
Outstanding and exercisable at June 30, 2011	25,460
Issued	270
Cancelled	—
Exercised	(12,563	)
Expired	(203	)
Outstanding and exercisable at June 30, 2012	12,964
Issued	—
Cancelled	—
Exercised	(4,723	)
Expired	—
Outstanding and exercisable at June 30, 2013	8,241

Income Taxes (Tables)

12 Months Ended

Jun. 30, 2013

Income Tax Disclosure [Abstract]

Components of income tax expense (benefit)

The income tax expense (benefit) for the years ended June 30, 2013, 2012, and 2011 consists of the following (in thousands):



	2013			2012			2011
Income / (Loss) Before Income Taxes:
Domestic	$	11,250		$	14,556		$	(50,535	)
International	(97		)	116			(165		)
	$	11,153		$	14,672		$	(50,700	)
Current Taxes:
Federal	$	4,087		$	3,758		$	—
State	383			1,121			92
Foreign	(33		)	47			—
Total Current Income Tax Provision	$	4,437		$	4,926		$	92
Deferred Taxes:
Federal	(706		)	(2,110		)	—
State	(77		)	(601		)	—
Foreign	(109		)	(12		)	—
Total Deferred Income Tax Provision	$	(892	)	$	(2,723	)	$	—
Net Income Tax Provision	$	3,545		$	2,203		$	92

The effective income tax rate differs from the U.S. Federal statutory income tax rate

The effective income tax rate for the years ended June 30, 2013 , 2012 and 2011 differs from the U.S. Federal statutory income tax rate due to the following:



	2013		2012		2011
Federal statutory income tax rate	35.00	%	35.00	%	(34.00	)%
State income taxes, net of federal benefit	1.76	%	5.50	%	0.24	%
Tax return to provision true-up	(2.51	)%	(1.01	)%	(1.35	)%
Permanent differences:
— interest on convertible debt	0.00	%	0.00	%	3.44	%
— change in derivative liability	0.00	%	16.14	%	32.44	%
— stock option compensation	0.78	%	0.30	%	0.21	%
— domestic production activities deduction	(2.73	)%	0.00	%	0.00	%
— credit for increasing research activities	(0.67	)%	0.00	%	0.00	%
— other	0.08	%	(0.44	)%	0.12	%
Decrease in valuation allowance	0.00	%	(39.45	)%	(0.91	)%
Net income tax provision (benefit)	31.71	%	16.04	%	(0.18	)%

The components of the deferred tax assets and liabilities

The components of the deferred tax assets and liabilities as of June 30, 2013 and 2012 are as follows (in thousands):



	2013			2012
Deferred tax assets:
Federal, state, and foreign net operating loss carryovers	$	1,768		$	2,453
Stock option compensation	1,212			988
Accrued vacation, allowance for returns, bonuses & other	2,493			600
Gross deferred tax asset	$	5,473		$	4,041

Deferred tax liabilities:
Patents and trademarks	(536		)	(587		)
Change in tax accounting methods	(297		)	(44		)
Property & equipment	(824		)	(540		)
Gross deferred tax liabilities	(1,657		)	(1,171		)
Less: valuation allowance	(201		)	(147		)
Deferred tax assets, net	$	3,615		$	2,723

Interim Financial Results (Unaudited) (Tables)

12 Months Ended

Jun. 30, 2013

Quarterly Financial Information Disclosure [Abstract]

Summary of selected quarterly financial information

CONDENSED CONSOLIDATED QUARTERLY RESULTS

(in thousands except per share data)



	Quarter									Year ended June 30, 2013
Year ended June 30, 2013	First		Second		Third		Fourth			Year ended June 30, 2013
Sales, net	$	52,859	$	53,438	$	50,370	$	51,511		$	208,178
Gross profit	45,052		38,760		43,501		44,222			171,535
Net income (loss)	$	4,165	$	209	$	3,416	$	(182	)	$	7,608
Per common share:
Income (loss) per share, basic	$	0.04	$	—	$	0.03	$	—		$	0.07
Income (loss) per share diluted	$	0.03	$	—	$	0.03	$	—		$	0.06



	Quarter									Year ended June 30, 2012
Year ended June 30, 2012	First		Second		Third			Fourth		Year ended June 30, 2012
Sales, net	$	20,083	$	25,284	$	36,212		$	44,604	$	126,183
Gross profit	17,127		21,604		31,223			38,177		$	108,131
Net income (loss)	$	3,724	$	8,759	$	(4,846	)	$	4,832	$	12,469
Per common share:
Income (loss) per share, basic	$	0.04	$	0.09	$	(0.05	)	$	0.04	$	0.12
Income (loss) per share, diluted	$	0.02	$	0.05	$	(0.05	)	$	0.04	$	0.11

The Company (Details)	Oct. 26, 2004
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Percentage of outstanding shares of common stock exchanged by LNC	81.00%
Number of outstanding shares of common stock exchanged by LNC	15,385,110
Percentage of common stock issued and outstanding shares	94.00%

Summary of Significant Accounting Policies (Details) (USD $)	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2011	Dec. 31, 2011
Summary of Significant Accounting Policies Additional Information [Abstract]
Maturity period of monetary liquid assets considered to be cash and cash equivalents, Maximum	3 months
Recorded bad debt expense	$ 0	$ 0	$ 0
Money back guarantee period for customers	30 days
The Company's reserve balance for returns and allowances	600,000	900,000
Research and development	2,948,000	1,359,000	509,000
Net benefit on valuation allowance				2,800,000
Percentage of realized gain	50.00%
Financial Institution One [Member]
Concentration Risk [Line Items]
Concentration of credit risk	12,000,000
Mexico and Japan Subsidiaries [Member]
Concentration Risk [Line Items]
Concentration of credit risk	4,200,000
Another financial institution [Member]
Concentration Risk [Line Items]
Concentration of credit risk	$ 10,000,000

Summary of Significant Accounting Policies Inventory (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2011
Accounting Policies [Abstract]
Impairment of inventory	$ 3,923	$ 0	$ 0
Components of Inventory
Finished goods	5,273	5,964
Raw materials	5,251	5,389
Total inventory	$ 10,524	$ 11,353

Summary of Significant Accounting Policies Property and Equipment (Details) (USD $)	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2011
Property, Plant and Equipment [Line Items]
Depreciation	$ 1,500,000	$ 400,000	$ 100,000
Property and Equipment
Accumulated depreciation	(2,147,000)	(663,000)
Property and equipment, net	5,692,000	1,997,000
Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated service lives of Property and Equipment	3 years
Property and Equipment
Property and equipment, gross	5,501,000	1,913,000
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Estimated service lives of Property and Equipment	5 years
Property and Equipment
Property and equipment, gross	976,000	732,000
Leasehold Improvements [Member]
Property and Equipment
Property and equipment, gross	1,220,000	15,000
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Estimated service lives of Property and Equipment	5 years
Property and Equipment
Property and equipment, gross	$ 142,000	$ 0

Summary of Significant Accounting Policies Intangible Assets (Details) (USD $)	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2011
Finite-Lived Intangible Assets [Line Items]
Impairment of intangible assets	$ 0	$ 0	$ 0
Amortization of intangible assets	100,000	100,000	100,000
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2014	100,000
2015	100,000
2016	100,000
2017	100,000
2018	100,000
Intangible Assets
Accumulated amortization	(776,000)	(641,000)
Intangible assets, net	1,747,000	1,882,000
Patent costs [Member]
Intangible Assets
Intangible assets, gross	2,321,000	2,321,000
Trademark costs [Member]
Intangible Assets
Intangible assets, gross	$ 202,000	$ 202,000

Summary of Significant Accounting Policies Other Accrued Expenses (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Jun. 30, 2012
Accounting Policies [Abstract]
Accrued severance	$ 1,602	$ 0
Accrued incentives and promotions to distributors	1,122	320
Accrued payroll and payroll taxes	725	433
Deferred revenue	421	210
Accrued sales and use tax	742	727
Other accrued employee expenses	663	384
Accrued other expenses	1,734	858
Total other accrued expenses	$ 7,009	$ 2,932

Summary of Significant Accounting Policies Interest and Other Expenses (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2011
Accounting Policies [Abstract]
Interest expense	$ (3)	$ (8)	$ (5,993)
Business development incentive, net	695	0	0
Foreign currency gain (loss), net	(1,689)	(102)	15
Gain on settlement of forward contract	42	0	0
Other income (expense), net	40	66	30
Total interest and other expense, net	$ (915)	$ (44)	$ (5,948)

Summary of Significant Accounting Policies Reconciliation of Earnings per Share (Details) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended								12 Months Ended
	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2011
Accounting Policies [Abstract]
Common shares issued (in shares)										36,000,000
Numerator:
Net income (loss)	$ (182)	$ 3,416	$ 209	$ 4,165	$ 4,832	$ (4,846)	$ 8,759	$ 3,724	$ 7,608	$ 12,469	$ (50,792)
Denominator:
Basic weighted-average common shares outstanding									112,276,000	102,696,000	73,173,000
Effect of dilutive securities:
Stock awards and options									3,832,000	5,516,000	0
Warrants									6,780,000	10,119,000	0
Diluted weighted-average common shares outstanding									122,888,000	118,331,000	73,173,000
Basic	$ 0.00	$ 0.03	$ 0.00	$ 0.04	$ 0.04	$ (0.05)	$ 0.09	$ 0.04	$ 0.07	$ 0.12	$ (0.69)
Diluted	$ 0.00	$ 0.03	$ 0.00	$ 0.03	$ 0.04	$ (0.05)	$ 0.05	$ 0.02	$ 0.06	$ 0.11	$ (0.69)

Summary of Significant Accounting Policies Revenues by Geographic Area (Details) (USD $)	3 Months Ended								12 Months Ended
	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2013 Segment	Jun. 30, 2012	Jun. 30, 2011
Segment Reporting Information [Line Items]
Number of geographic segments									2
Revenues from unaffiliated customers
Total revenues	$ 51,511,000	$ 50,370,000	$ 53,438,000	$ 52,859,000	$ 44,604,000	$ 36,212,000	$ 25,284,000	$ 20,083,000	$ 208,178,000	$ 126,183,000	$ 38,919,000
Americas [Member]
Revenues from unaffiliated customers
Total revenues									133,046,000	90,122,000	31,625,000
Asia / Pacific [Member]
Revenues from unaffiliated customers
Total revenues									75,132,000	36,061,000	7,294,000
United States [Member]
Segment Reporting Information [Line Items]
Long-lived assets	4,800,000				3,800,000				4,800,000	3,800,000
Revenues from unaffiliated customers
Total revenues									131,508,000	89,230,000	31,218,000
Japan [Member]
Segment Reporting Information [Line Items]
Long-lived assets	3,000,000				0				3,000,000	0
Revenues from unaffiliated customers
Total revenues									$ 69,492,000	$ 35,449,000	$ 7,294,000

Stockholders' Equity (Details) (Common Stock)	12 Months Ended
Stockholders' Equity (Details) (Common Stock)	Jun. 30, 2013
Common Stock
Class of Stock [Line Items]
Common stock issued (in shares)	7,269,942
Restricted common stock to employees (in shares)	2,616,366

Share-Based Compensation (Details) (USD $)	12 Months Ended				12 Months Ended								12 Months Ended		12 Months Ended
Share-Based Compensation (Details) (USD $)	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2012 Stock Appreciation Rights (SARs) [Member]	Jun. 30, 2013 Restricted Stock [Member]	Jun. 30, 2012 Restricted Stock [Member]	Jun. 30, 2013 Employee Stock Option [Member]	Jun. 30, 2012 Employee Stock Option [Member]	Jun. 30, 2011 Employee Stock Option [Member]	Jun. 30, 2013 2007 Long-Term Incentive Plan	Nov. 21, 2006 2007 Long-Term Incentive Plan	Jun. 30, 2013 2010 Long-Term Incentive Plan	Nov. 19, 2010 2010 Long-Term Incentive Plan	Jun. 30, 2013 2010 Long-Term Incentive Plan Restricted Stock [Member]	Jun. 30, 2011 Short Term Liability Related To Warrants [Member]	Jun. 30, 2011 Long Term Liability Related To Warrants [Member]	Jun. 30, 2013 Minimum [Member] Employee Stock Option [Member]	Jun. 30, 2012 Minimum [Member] Employee Stock Option [Member]	Jun. 30, 2011 Minimum [Member] Employee Stock Option [Member]	Jun. 30, 2013 Minimum [Member] 2007 Long-Term Incentive Plan	Jun. 30, 2013 Minimum [Member] 2010 Long-Term Incentive Plan	Jun. 30, 2011 Minimum [Member] Short Term Liability Related To Warrants [Member]	Jun. 30, 2011 Minimum [Member] Long Term Liability Related To Warrants [Member]	Jun. 30, 2013 Maximum [Member] Employee Stock Option [Member]	Jun. 30, 2012 Maximum [Member] Employee Stock Option [Member]	Jun. 30, 2011 Maximum [Member] Employee Stock Option [Member]	Jun. 30, 2013 Maximum [Member] 2007 Long-Term Incentive Plan	Jun. 30, 2013 Maximum [Member] 2010 Long-Term Incentive Plan	Jun. 30, 2011 Maximum [Member] Short Term Liability Related To Warrants [Member]	Jun. 30, 2011 Maximum [Member] Long Term Liability Related To Warrants [Member]
Equity Incentive Plans
Maximum common stock issued under Long-Term Incentive Plan												10,000,000		6,900,000
Right to purchase common stock, minimum price											$ 0.21		$ 0.63
Right to purchase common stock, maximum price											$ 1.50		$ 3.53
Vesting period of Long-Term Incentive Plan (in years)																					1 year	1 year						3 years	4 years
Contractual term of stock options granted (in years)											10 years		10 years
Company's common stock purchased in aggregate (shares)	7,010,000	10,945,000	10,498,000	8,536,000							3,950,976		3,058,976
Shares available for issuance under the plan											27,269		370,000
Stock-Based Compensation
stock based compensation	$ 2,169,000	$ 1,323,000	$ 766,000
Employee related stock based compensation	2,200,000	1,200,000	700,000
Non-employee related stock based compensation	0	100,000	100,000
Stock appreciation rights granted (in shares)					50,000	2,808,000	164,000
Unrecognized compensation cost															7,400,000
Period for recognition of unrecognized compensation cost															3 years 0 months 7 days
Warrants
Warrants issued in conjunction with the private placement of common stock as derivative liability																8,360,000	15,168,052
Estimated fair value of short-term derivative liabilities																7,400,000
Risk free rate								0.82%								1.33%			0.59%	1.33%						1.41%	2.64%
Dividend yield assumption								0.00%	0.00%	0.00%						0.00%								0.00%
Expected life (years)																		5 years	3 years	3 years			8 months 19 days	3 years 5 months 4 days	6 years 0 months 29 days	6 years 7 months 24 days	6 years 7 months 24 days			9 months 10 days	5 years 8 months 4 days
Estimated fair value of long-term derivative liabilities																	$ 19,900,000
Risk free interest rate, Minimum																								0.81%
Risk free interest rate, Maximum																								2.13%
Expected volatility rate, minimum									119.00%	125.00%						106.00%	137.00%
Expected volatility rate, maximum									137.00%	129.00%							138.00%

Share-Based Compensation Valuation Assumptions (Details) (Employee Stock Option [Member])	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk free rate	0.82%
Expected volatility rate	127.00%
Expected volatility rate, minimum		119.00%	125.00%
Expected volatility rate, maximum		137.00%	129.00%
Dividend yield assumption	0.00%	0.00%	0.00%
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk free rate		0.59%	1.33%
Expected life (years)	5 years	3 years	3 years
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk free rate		1.41%	2.64%
Expected life (years)	6 years 0 months 29 days	6 years 7 months 24 days	6 years 7 months 24 days

Share-Based Compensation Stock Option Activity (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010
Summary of Stock Option Activity
Options, Outstanding Beginning Balance	10,945	10,498	8,536
Options, Granted	152	2,086	2,632
Options, Exercised	(3,319)	(1,612)	(470)
Options, Forfeited	(768)	(27)	(200)
Options, Expired or Cancelled	0	0	0
Options, Outstanding Ending Balance	7,010	10,945	10,498	8,536
Weighted Average Exercise Price
Outstanding, Weighted Average Exercise Price, Beginning Balance	$ 0.91	$ 0.64	$ 0.50
Weighted Average Exercise Price, Granted	$ 2.82	$ 1.89	$ 1.04
Weighted Average Exercise Price, Exercised	$ 0.49	$ 0.45	$ 0.32
Weighted Average Exercise Price, Forfeited	$ 1.54	$ 1.36	$ 0.74
Weighted Average Exercise Price, Expired or Cancelled		$ 0.00	$ 0.00
Outstanding, Weighted Average Exercise Price, Ending Balance	$ 1.08	$ 0.91	$ 0.64	$ 0.50
Weighted Average Remaining Contractual Term
Outstanding, Weighted Average Remaining Contractual Term	6 years 8 months 16 days	7 years 5 months 5 days	7 years 11 months 5 days	8 years 4 months 20 days
Weighted Average Remaining Contractual Term, Granted	9 years 0 months 10 days	9 years 7 months 9 days	9 years 7 months 24 days
Weighted Average Remaining Contractual Term, Exercised	5 years 5 months 15 days	6 years 11 months 19 days	7 years 6 months 14 days
Outstanding, Weighted Average Remaining Contractual Term	6 years 8 months 16 days	7 years 5 months 5 days	7 years 11 months 5 days	8 years 4 months 20 days
Additional Disclosures
Options, Exercisable (shares)	5,609
Weighted Average Exercise Price, Exercisable (dollars per share)	$ 0.81
Exercisable, Weighted Average Remaining Contractual Term (years)	6 years 3 months 18 days
Outstanding, Aggregate Intrinsic Value, Beginning Balance	$ 21,219	$ 9,139	$ 820
Aggregate Intrinsic Value, Granted	0	2,122	1,336
Aggregate Intrinsic Value, Exercised	7,128	2,038	252
Outstanding, Aggregate Intrinsic Value, Ending Balance	9,211	21,219	9,139	820
Exercisable, Aggregate Intrinsic Value	$ 8,574

Share-Based Compensation Nonvested Restricted Shares (Details) (Restricted Stock [Member], USD $)	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Restricted shares outstanding beginning period	162,000	0
Restricted shares granted	2,808,000	164,000
Restricted shares vested and issued	(37,000)	0
Restricted shares forfeited	(196,000)	(2,000)
Restricted shares outstanding ending period	2,737,000	162,000
Vested shares	0	0
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted average grant date fair value, beginning period	$ 3.34	$ 0.00
Weighted average grant date fair value, granted	$ 2.62	$ 3.34
Weighted average grant date fair value, vested and issued	$ 0.00	$ 0.00
Weighted average grant date fair value, forfeited	$ 3.25	$ 3.36
Weighted average grant date fair value, ending period	$ 2.61	$ 3.34
Weighted average granted date fair value, vested shares	$ 0.00	$ 0.00

Share-Based Compensation Summary of Warrants (Details) (Warrant [Member]) In Thousands, unless otherwise specified	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2011
Warrant [Member]
Summary of the warrants issued
Outstanding and exercisable, Beginning balance	12,964	25,460	38,580
Issued	0	270	108
Cancelled	0	0	0
Exercised	(4,723)	(12,563)	(13,228)
Expired	0	(203)	0
Outstanding and exercisable, Ending balance	8,241	12,964	25,460

Income Taxes (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Jun. 30, 2013
Operating Loss Carryforwards [Line Items]
Uncertain tax benefit	50.00%
Total recognized tax benefit from settlement of stock based awards	$ 1.7
Internal Revenue Service (IRS) [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	3.3
State and Local Jurisdiction [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	9.9
Foreign Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	$ 1.0

Income Taxes Income Tax Expense (Benefit) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2011
Income / (Loss) Before Income Taxes:
Domestic	$ 11,250	$ 14,556	$ (50,535)
International	(97)	116	(165)
Income / (Loss) Before Income Taxes	11,153	14,672	(50,700)
Current Taxes
Federal	4,087	3,758	0
State	383	1,121	92
Foreign	(33)	47	0
Total Current Income Tax Provision	4,437	4,926	92
Deferred Taxes
Federal	(706)	(2,110)	0
State	(77)	(601)	0
Foreign	(109)	(12)	0
Total Deferred Income Tax Provision	(892)	(2,723)	0
Income Tax Expense (Benefit), Total	$ 3,545	$ 2,203	$ 92

Income Taxes Effective Income tax Rate (Details)	12 Months Ended
Income Taxes Effective Income tax Rate (Details)	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2011
The effective income tax rate differs from the U.S. Federal statutory income tax rate
Federal statutory income tax rate	35.00%	35.00%	(34.00%)
State income taxes, net of federal benefit	1.76%	5.50%	0.24%
Tax return to provision true-up	(2.51%)	(1.01%)	(1.35%)
Permanent differences:
— interest on convertible debt	0.00%	0.00%	3.44%
— change in derivative liability	0.00%	16.14%	32.44%
— stock option compensation	0.78%	0.30%	0.21%
— domestic production activities deduction	(2.73%)	0.00%	0.00%
— credit for increasing research activities	(0.67%)	0.00%	0.00%
— other	0.08%	(0.44%)	0.12%
Decrease in valuation allowance	0.00%	(39.45%)	(0.91%)
Net income tax provision (benefit)	31.71%	16.04%	(0.18%)

Income Taxes Deferred Tax Assets and Liabilities (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Jun. 30, 2012
Deferred tax assets:
Federal, state, and foreign net operating loss carryovers	$ 1,768	$ 2,453
Stock option compensation	1,212	988
Accrued vacation, allowance for returns, bonuses & other	2,493	600
Gross deferred tax asset	5,473	4,041
Deferred liabilities
Patents and trademarks	(536)	(587)
Change in tax accounting methods	(297)	(44)
Property & equipment	(824)	(540)
Gross deferred tax liabilities	(1,657)	(1,171)
Less: valuation allowance	(201)	(147)
Deferred tax assets, net	$ 3,615	$ 2,723

Commitments and Contingencies Operating Leases (Details) (USD $)	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2011
Future minimum lease payments under the non-cancelable leases
2014	$ 2,337,000
2015	2,714,000
2016	2,688,000
2017	2,727,000
2018	1,284,000
Thereafter	7,272,000
Total future minimum Lease payments	19,022,000
Rent expense	$ 1,800,000	$ 400,000	$ 300,000

Interim Financial Results (Unaudited) (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended								12 Months Ended
	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2011
Summary of selected quarterly financial information
Sales, net	$ 51,511	$ 50,370	$ 53,438	$ 52,859	$ 44,604	$ 36,212	$ 25,284	$ 20,083	$ 208,178	$ 126,183	$ 38,919
Gross profit	44,222	43,501	38,760	45,052	38,177	31,223	21,604	17,127	171,535	108,131	33,002
Net income (loss)	$ (182)	$ 3,416	$ 209	$ 4,165	$ 4,832	$ (4,846)	$ 8,759	$ 3,724	$ 7,608	$ 12,469	$ (50,792)
Per common share:
Basic	$ 0.00	$ 0.03	$ 0.00	$ 0.04	$ 0.04	$ (0.05)	$ 0.09	$ 0.04	$ 0.07	$ 0.12	$ (0.69)
Diluted	$ 0.00	$ 0.03	$ 0.00	$ 0.03	$ 0.04	$ (0.05)	$ 0.05	$ 0.02	$ 0.06	$ 0.11	$ (0.69)

Stockholders' Equity	12 Months Ended
Stockholders' Equity	Jun. 30, 2013
Equity [Abstract]
Stockholders' Equity	Stockholders’ Equity During the year ended June 30, 2013 the Company issued 7,269,942 shares of common stock as a result of the exercise of options and warrants. In addition, the Company issued 2,616,366 shares of restricted common stock to employees and directors. The Company’s Articles of Incorporation authorize the issuance of preferred shares. However, as of June 30, 2013, none have been issued nor have any rights or preferences been assigned to the preferred shares by the Company’s Board of Directors.

Subsequent Events	12 Months Ended
Subsequent Events	Jun. 30, 2013
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events We recently announced our intention to conduct a self-tender offer to purchase up to $40 million of our common stock.

Subsequent Events (Details) (Subsequent Event [Member], USD $)	3 Months Ended
	Sep. 12, 2013
Subsequent Event [Member]
Subsequent Event [Line Items]
Self-tender offer to repurchase common stock	$ 40,000,000