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Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Mar. 31, 2013	Apr. 23, 2013
Document and Entity Information
Entity Registrant Name	ASPEN TECHNOLOGY INC /DE/
Entity Central Index Key	0000929940
Document Type	10-Q
Document Period End Date	Mar. 31, 2013
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		93,708,567
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q3

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
Revenue:
Subscription and software	$ 60,899	$ 42,444	$ 174,436	$ 120,856
Services and other	18,458	18,893	53,687	58,261
Total revenue	79,357	61,337	228,123	179,117
Cost of revenue:
Subscription and software	3,229	2,717	9,519	8,063
Services and other	9,420	9,713	27,841	31,113
Total cost of revenue	12,649	12,430	37,360	39,176
Gross profit	66,708	48,907	190,763	139,941
Operating expenses:
Selling and marketing	22,958	24,279	67,852	70,043
Research and development	15,772	14,423	46,577	40,959
General and administrative	11,685	13,103	36,124	40,480
Restructuring charges	(41)	(84)	(7)	(143)
Total operating expenses	50,374	51,721	150,546	151,339
Income (loss) from operations	16,334	(2,814)	40,217	(11,398)
Interest income	807	1,776	2,861	6,041
Interest expense	(12)	(611)	(385)	(2,718)
Other expense, net	(18)	(26)	(352)	(2,483)
Income (loss) before provision for (benefit from) income taxes	17,111	(1,675)	42,341	(10,558)
Provision for (benefit from) income taxes	6,598	(1,155)	17,478	(2,138)
Net income (loss)	$ 10,513	$ (520)	$ 24,863	$ (8,420)
Net income (loss) per common share:
Basic (in dollars per share)	$ 0.11	$ (0.01)	$ 0.27	$ (0.09)
Diluted (in dollars per share)	$ 0.11	$ (0.01)	$ 0.26	$ (0.09)
Weighted average shares outstanding:
Basic (in shares)	93,730	93,583	93,556	93,851
Diluted (in shares)	95,400	93,583	95,475	93,851

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
Net income (loss)	$ 10,513	$ (520)	$ 24,863	$ (8,420)
Other comprehensive (loss) income:
Net unrealized losses on available for sale securities, net of tax effects of $10	(19)	0	(19)	0
Foreign currency translation adjustments	(932)	219	(325)	(434)
Total other comprehensive (loss) income	(951)	219	(344)	(434)
Comprehensive income (loss)	$ 9,562	$ (301)	$ 24,519	$ (8,854)

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References + Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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Net of tax amount of the appreciation (loss) in value of unsold available-for-sale securities attributable to the parent entity. Excludes amounts related to other than temporary impairment (OTTI) losses.

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Amount after tax and reclassification adjustments, resulting from the process of expressing in the reporting currency of the reporting entity those amounts that are denominated or measured in a different currency, and from transactions whose terms are denominated in a currency other than the entity's functional currency, which is attributable to the parent entity.

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- Definition

Net of tax amount of other comprehensive income (loss) attributable to the parent entity.

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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
Net unrealized losses on available for sale securities, tax effects	$ 10	$ 0	$ 10	$ 0

- Definition

Tax effect of the appreciation (loss) in value of unsold available-for-sale securities attributable to the parent entity. Excludes amounts related to other than temporary impairment (OTTI) losses.

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+ Details

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2013	Jun. 30, 2012
Current assets:
Cash and cash equivalents	$ 139,042	$ 165,242
Short-term marketable securities	30,535	0
Accounts receivable, net	28,996	31,450
Current portion of installments receivable, net	18,969	33,184
Collateralized receivables	0	6,297
Unbilled services	2,217	1,592
Prepaid expenses and other current assets	8,884	16,219
Prepaid income taxes	151	283
Current deferred tax assets	6,755	7,196
Total current assets	235,549	261,463
Long-term marketable securities	44,538	0
Non-current installments receivable, net	2,645	14,046
Property, equipment and leasehold improvements, net	7,176	7,037
Computer software development costs, net	1,480	1,689
Goodwill	19,465	19,399
Non-current deferred tax assets	43,318	58,559
Other non-current assets	7,490	6,142
Total assets	361,661	368,335
Current liabilities:
Secured borrowings	0	10,756
Accounts payable	1,432	2,566
Accrued expenses and other current liabilities	29,416	37,989
Income taxes payable	875	598
Current deferred revenue	163,623	143,578
Current deferred tax liabilities	232	232
Total current liabilities	195,578	195,719
Non-current deferred revenue	52,251	43,595
Other non-current liabilities	14,005	15,429
Commitments and contingencies (Note 11)
Series D redeemable convertible preferred stock
$0.10 par value- Authorized- 3,636 shares at March 31, 2013 and June 30, 2012 Issued and outstanding- none at March 31, 2013 and June 30, 2012	0	0
Stockholders' equity:
Common stock, $0.10 par value- Authorized-210,000,000 shares Issued- 99,316,649 shares at March 31, 2013 and 96,663,580 shares at June 30, 2012; Outstanding- 93,900,675 shares at March 31, 2013 and 93,465,955 shares at June 30, 2012	9,932	9,666
Additional paid-in capital	568,247	547,546
Accumulated deficit	(370,216)	(395,079)
Accumulated other comprehensive income	7,751	8,095
Treasury stock, at cost-5,415,974 shares of common stock at March 31, 2013 and 3,197,625 at June 30, 2012	(115,887)	(56,636)
Total stockholders' equity	99,827	113,592
Total liabilities and stockholders' equity	$ 361,661	$ 368,335

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Mar. 31, 2013	Jun. 30, 2012
CONSOLIDATED BALANCE SHEETS
Series D redeemable convertible preferred stock, par value (in dollars per share)	$ 0.10	$ 0.10
Series D redeemable convertible preferred stock, Authorized	3,636	3,636
Series D redeemable convertible preferred stock, Issued	0	0
Series D redeemable convertible preferred stock, outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.10	$ 0.10
Common stock, Authorized	210,000,000	210,000,000
Common stock, Issued	99,316,649	96,663,580
Common stock, Outstanding	93,900,675	93,465,955
Treasury stock, shares	5,415,974	3,197,625

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Cash flows from operating activities:
Net income (loss)	$ 24,863	$ (8,420)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	4,114	3,984
Net foreign currency (gain) loss	(667)	784
Stock-based compensation	11,295	9,604
Deferred income taxes	15,668	(3,665)
Provision for bad debts	31	104
Other non-cash operating activities	365	486
Changes in assets and liabilities:
Accounts receivable	2,395	(391)
Unbilled services	(645)	1,197
Prepaid expenses, prepaid income taxes, and other assets	4,888	(70)
Installments and collateralized receivables	32,365	42,510
Accounts payable, accrued expenses, and other liabilities	(11,186)	(9,209)
Deferred revenue	29,138	46,056
Net cash provided by operating activities	112,624	82,970
Cash flows from investing activities:
Purchase of marketable securities	(75,713)	0
Purchase of property, equipment and leasehold improvements	(3,018)	(1,175)
Insurance proceeds	2,222	0
Purchase of technology intangibles	(902)	0
Payments for acquisitions, net of cash acquired	0	(2,617)
Capitalized computer software development costs	(593)	(487)
Net cash used in investing activities	(78,004)	(4,279)
Cash flows from financing activities:
Exercise of stock options	15,430	6,581
Proceeds from secured borrowings	0	4,982
Repayments of secured borrowings	(11,010)	(22,270)
Repurchases of common stock	(59,251)	(32,119)
Payment of tax withholding obligations related to restricted stock	(5,758)	(3,125)
Net cash used in financing activities	(60,589)	(45,951)
Effect of exchange rate changes on cash and cash equivalents	(231)	(161)
(Decrease) increase in cash and cash equivalents	(26,200)	32,579
Cash and cash equivalents, beginning of period	165,242	149,985
Cash and cash equivalents, end of period	139,042	182,564
Supplemental disclosure of cash flow information:
Income tax paid, net	2,692	1,599
Interest paid	$ 385	$ 2,718

Interim Unaudited Consolidated Financial Statements	9 Months Ended
Interim Unaudited Consolidated Financial Statements	Mar. 31, 2013
Interim Unaudited Consolidated Financial Statements
Interim Unaudited Consolidated Financial Statements	1. Interim Unaudited Consolidated Financial Statements The accompanying interim unaudited consolidated financial statements of Aspen Technology, Inc. and its subsidiaries have been prepared on the same basis as our annual consolidated financial statements. We omitted certain information and footnote disclosures normally included in our annual consolidated financial statements. Such Interim Financial Statements have been prepared in conformity with U.S. Generally Accepted Accounting Principles (GAAP), as defined in the Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 270, Interim Reporting, for interim financial information and with the instructions to Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. It is suggested that these unaudited consolidated financial statements be read in conjunction with the audited consolidated financial statements for the year ended June 30, 2012, which are contained in our Annual Report on Form 10-K, as previously filed with the U.S. Securities and Exchange Commission (SEC). In the opinion of management, all adjustments, consisting of normal and recurring adjustments, considered necessary for a fair presentation of the financial position, results of operations, and cash flows at the dates and for the periods presented have been included and all intercompany accounts and transactions have been eliminated in consolidation. The results of operations for the three and nine months ended March 31, 2013 are not necessarily indicative of the results to be expected for the subsequent quarter or for the full fiscal year. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Unless the context requires otherwise, references to we, our and us refer to Aspen Technology, Inc. and its subsidiaries.

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The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

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+ Details

Significant Accounting Policies

9 Months Ended

Mar. 31, 2013

Significant Accounting Policies

Significant Accounting Policies

2. Significant Accounting Policies

(a) Overview of Licensing Model Changes

Transition to the aspenONE Licensing Model

Prior to fiscal 2010, we offered term or perpetual licenses to specific products, or specifically defined sets of products, which we refer to as point products. The majority of our license revenue was recognized under an “upfront revenue model,” in which the net present value of the aggregate license fees was recognized as revenue upon shipment of the point products. Customers typically received one year of post-contract software maintenance and support, or SMS, with their license agreements and then could elect to renew SMS annually. Revenue from SMS was recognized ratably over the period in which the SMS was delivered.

In fiscal 2010, we introduced the following changes to our licensing model:

(i) Began offering our aspenONE software on a subscription basis, allowing our customers access to all products within a licensed suite (aspenONE Engineering or aspenONE Manufacturing and Supply Chain). SMS is included for the entire term of the arrangement and customers are entitled to any software products or updates introduced into the licensed suite. We refer to this license arrangement as our aspenONE licensing model.

(ii) Began to include SMS for the entire term on our point product term arrangements.

Revenue related to our aspenONE licensing model is recognized over the term of the arrangement on a ratable basis. During fiscal 2010 and 2011, license revenue related to our point product arrangements with SMS included for the entire term of the arrangement was generally recognized on the due date of each annual installment, provided all revenue recognition criteria were met. Beginning in fiscal 2012, we were unable to establish evidence of the fair value for the SMS component, and revenue from these arrangements is now recognized on a ratable basis.

The changes to our licensing model introduced in fiscal 2010 did not change the method or timing of customer billings or cash collections. Since the introduction of these changes, our net cash provided by operating activities has increased in each annual period from $33.0 million in fiscal 2009 to $104.6 million in fiscal 2012. During these periods we have realized steadily improving cash flow due to growth of our portfolio of term license contracts, as well as from the renewal of customer contracts, on an installment basis, that were previously paid upfront.

Impact of Licensing Model Changes

The principal accounting implications of the changes to our licensing model are as follows:

· The majority of our license revenue is no longer recognized on an upfront basis. Since the upfront model resulted in the net present value of multiple years of future installments being recognized at the time of shipment, we do not expect to recognize levels of revenue comparable to our pre-transition levels until a significant majority of license agreements executed under our upfront revenue model (i) reach the end of their original terms and (ii) are renewed. Accordingly, since the changes to our licensing model in fiscal 2010, our product-related revenue has been significantly less than the level achieved in the fiscal years preceding our licensing model changes.

· The changes to our licensing model resulted in operating losses for fiscal 2010, 2011 and 2012. These changes did not impact the incurrence or timing of our expenses, and there was no corresponding expense reduction to offset the lower revenue. Subscription and software revenue has steadily increased from the beginning of fiscal 2010 as a portion of the license agreements executed under our upfront revenue model have reached the end of their original term and have been renewed under either our aspenONE licensing model or as point product arrangements which include Premier Plus TM SMS for the full contract term.

· The SMS component of our services and other revenue has decreased and been offset by a corresponding increase in subscription and software revenue as customers transition to our aspenONE licensing model or point product arrangements with Premier Plus SMS included for the full contract term. The entire arrangement fee, including the SMS component, is included within subscription and software revenue.

· Installment payments are not considered fixed or determinable, and as a result, are not included in installments receivable. Accordingly, our installments receivable balance has decreased as licenses previously executed under our upfront revenue model reached the end of their terms.

· The amount of our deferred revenue has increased as more revenue from our term license portfolio has been recognized on a ratable basis.

Introduction of our Premier Plus SMS Offering

Beginning in fiscal 2012, we introduced our Premier Plus SMS offering to provide more value to our customers. As part of this offering, customers receive 24x7 support, faster response times, dedicated technical advocates and access to web-based training modules. The Premier Plus SMS offering is only provided to customers that commit to SMS for the entire term of the arrangement. Our annually renewable legacy SMS offering continues to be available to customers with legacy term and perpetual license agreements.

The introduction of our Premier Plus SMS offering in fiscal 2012 resulted in a change to the revenue recognition of point product arrangements that include Premier Plus SMS for the term of the arrangement. Since we do not have vendor-specific objective evidence of fair value, or VSOE, for our Premier Plus SMS offering, the SMS element of our point product arrangements is not separable, resulting in revenue being recognized ratably over the term of the arrangement, once the other revenue recognition criteria have been met. Prior to fiscal 2012, license revenue was recognized on the due date of each annual installment, provided all revenue recognition criteria were met. The introduction of our Premier Plus SMS offering did not change the revenue recognition for our aspenONE licensing arrangements.

(b) Revenue Recognition

We generate revenue from the following sources: (1) licensing software products; (2) providing SMS and training; and (3) providing professional services. We sell our software products to end users under fixed-term and perpetual licenses. As a standard business practice, we offer extended payment term options for our fixed-term license arrangements, which are generally payable on an annual basis. Certain of our fixed-term license agreements include product mixing rights that allow customers the flexibility to change or alternate the use of multiple products included in the license arrangement after those products are delivered to the customer. We refer to these arrangements as token arrangements. Tokens are fixed units of measure. The amount of software usage is limited by the number of tokens purchased by the customer.

Four basic criteria must be satisfied before software license revenue can be recognized: persuasive evidence of an arrangement between us and an end user; delivery of our product has occurred; the fee for the product is fixed or determinable; and collection of the fee is probable.

Persuasive evidence of an arrangement—We use a signed contract as evidence of an arrangement for software licenses and SMS. For professional services we use a signed contract and a work proposal to evidence an arrangement. In cases where both a signed contract and a purchase order are required by the customer, we consider both taken together as evidence of the arrangement.

Delivery of our product—Software and the corresponding access keys are generally delivered to customers via disk media with standard shipping terms of Free Carrier, our warehouse (i.e., FCA, named place). Our software license agreements do not contain conditions for acceptance.

Fee is fixed or determinable—We assess whether a fee is fixed or determinable at the outset of the arrangement. Significant judgment is involved in making this assessment.

Under our upfront revenue model, we are able to demonstrate that the fees are fixed or determinable for all arrangements, including those for our term licenses that contain extended payment terms. We have an established history of collecting under the terms of these contracts without providing concessions to customers. In addition, we also assess whether a contract modification to an existing term arrangement constitutes a concession. In making this assessment, significant analysis is performed to ensure that no concessions are given. Our software license agreements do not include a right of return or exchange.

We cannot assert that the fees under our aspenONE licensing model and point product arrangements with Premier Plus SMS are fixed or determinable because the rights provided to customers, and the economics of the arrangements, are not comparable to our transactions with other customers under the upfront revenue model. As a result, the amount of revenue recognized for these arrangements is limited by the amount of customer payments that become due.

Collection of fee is probable—We assess the probability of collecting from each customer at the outset of the arrangement based on a number of factors, including the customer’s payment history, its current creditworthiness, economic conditions in the customer’s industry and geographic location, and general economic conditions. If in our judgment collection of a fee is not probable, revenue is recognized as cash is collected, provided all other conditions for revenue recognition have been met.

Vendor-Specific Objective Evidence of Fair Value

We have established VSOE for certain SMS offerings, professional services, and training, but not for our software products or our Premier Plus SMS offering. We assess VSOE for SMS, professional services, and training, based on an analysis of standalone sales of the offerings using the bell-shaped curve approach. We do not have a history of selling our Premier Plus SMS offering to customers on a standalone basis, and as a result are unable to establish VSOE for this new deliverable.

We allocate the arrangement consideration among the elements included in our multi-element arrangements using the residual method. Under the residual method, the VSOE of the undelivered elements is deferred and the remaining portion of the arrangement fee for perpetual and term licenses is recognized as revenue upon delivery of the software, assuming all other revenue recognition criteria are met. If VSOE does not exist for an undelivered element in an arrangement, revenue is deferred until such evidence does exist for the undelivered elements, or until all elements are delivered, whichever is earlier. Under the upfront revenue model, the residual license fee is recognized upon delivery of the software provided all other revenue recognition criteria were met. Arrangements that qualify for upfront recognition include sales of perpetual licenses, amendments to existing legacy term arrangements and renewals of legacy term arrangements.

Subscription and Software Revenue

Subscription and software revenue consists of product and related revenue from our (i) aspenONE licensing model, including the bundled SMS; (ii) point product arrangements with our Premier Plus SMS offering included for the contract term; (iii) legacy arrangements including (a) amendments to existing legacy term arrangements, (b) renewals of legacy term arrangements and (c) legacy arrangements that are being recognized over time as a result of not previously meeting one or more of the requirements for recognition under the upfront revenue model; and (iv) perpetual arrangements.

When a customer elects to license our products under our aspenONE licensing model, our Premier Plus SMS offering is included for the entire term of the arrangement and the customer receives, for the term of the arrangement, the right to any new unspecified future software products and updates that may be introduced into the licensed aspenONE software suite. Due to our obligation to provide unspecified future software products and updates, we are required to recognize revenue ratably over the term of the arrangement, once the other revenue recognition criteria noted above have been met.

Our point product arrangements with Premier Plus SMS include SMS for the term of the arrangement. Since we do not have VSOE for our Premier Plus SMS offering, the SMS element of our point product arrangements is not separable. As a result, revenue associated with point product arrangements with Premier Plus SMS included for the contract term is recognized ratably over the term of the arrangement, once the other revenue recognition criteria have been met.

Perpetual license and legacy arrangements do not include the same rights as those provided to customers under the aspenONE licensing model and point product arrangements with Premier Plus SMS. We continue to have VSOE for the legacy SMS offering provided in support of these license arrangements and can therefore separate the undelivered elements. Accordingly, the license fees for perpetual licenses and legacy arrangements continue to be recognized upon delivery of the software products using the residual method, provided all other revenue recognition requirements have been met.

Results of Operations Classification - Subscription and Software Revenue

Prior to fiscal 2012, subscription and software revenue were each classified separately on our unaudited consolidated statements of operations, because each type of revenue had different revenue recognition characteristics, and the amount of revenue attributable to each was material in relation to our total revenue. Additionally, we were able to separate the residual amount of software revenue related to the software component of our point product arrangements which included SMS for the contract term, based on the VSOE for the SMS element.

As a result of the introduction of our Premier Plus SMS offering in the first quarter of fiscal 2012, the majority of our product-related revenue is now recognized on a ratable basis, over the term of the arrangement. Since the distinction between subscription and point product ratable revenue does not represent a meaningful difference from either a line of business or revenue recognition perspective, we have combined our subscription and software revenue into a single line item on our consolidated statements of operations beginning in the first quarter of fiscal 2012.

The following tables summarize the amount of subscription and software revenue recognized on a ratable basis and under a residual method for the three and nine months ended March 31, 2013 and 2012, respectively. Ratable revenue refers to product revenue that is recognized evenly over the term of the related agreement, beginning when the first payment becomes due. The residual method refers to the recognition of the difference between the total arrangement fee and the undiscounted VSOE for the undelivered element, assuming all other revenue recognition requirements have been met.

	Three Months Ended March 31,				Three Months Ended March 31,
	2013		2012		2013		2012
	(Dollars in thousands)				% of Total
Subscription and software revenue:
Ratable	$	58,551	$	40,328	96.1	%	95.0	%
Residual method (1)	2,348		2,116		3.9		5.0
Subscription and software revenue	$	60,899	$	42,444	100.0	%	100.0	%

	Nine Months Ended March 31,				Nine Months Ended March 31,
	2013		2012		2013		2012
	(Dollars in thousands)				% of Total
Subscription and software revenue:
Ratable	$	162,253	$	100,509	93.0	%	83.2	%
Residual method (1)	12,183		20,347		7.0		16.8
Subscription and software revenue	$	174,436	$	120,856	100.0	%	100.0	%

(1) Residual method revenue detail

	Three Months Ended March 31,				Nine Months Ended March 31,
	2013		2012		2013		2012
	(Dollars in thousands)				(Dollars in thousands)

Residual method revenue:
Legacy arrangements	$	2,123	$	1,714	$	10,840	$	18,498
Perpetual arrangements	225		402		1,343		1,849
Total residual method revenue	$	2,348	$	2,116	$	12,183	$	20,347

Services and Other

SMS Revenue

SMS revenue includes the maintenance revenue recognized from arrangements for which we continue to have VSOE for the undelivered SMS offering (legacy SMS offering). For arrangements sold with our legacy SMS offering, SMS renewals are at the option of the customer, and the fair value of SMS is deferred and subsequently amortized over the contractual term of the SMS arrangement.

Professional Services Revenue

Professional services are provided to customers on a time-and-materials (T&M) or fixed-price basis. We recognize professional services fees for our T&M contracts based upon hours worked and contractually agreed-upon hourly rates. Revenue from fixed-price engagements is recognized using the proportional performance method based on the ratio of costs incurred to the total estimated project costs. Project costs are typically expensed as incurred. The use of the proportional performance method is dependent upon our ability to reliably estimate the costs to complete a project. We use historical experience as a basis for future estimates to complete current projects. Additionally, we believe that costs are the best available measure of performance. Out-of-pocket expenses which are reimbursed by customers are recorded as revenue.

In certain circumstances, professional services revenue may be recognized over a longer time period than that which the services are performed. If the costs to complete a project are not estimable or the completion is uncertain, the revenue is recognized upon completion of the services. In circumstances in which professional services are sold as a single arrangement with, or in contemplation of, a new aspenONE license or point product arrangement with Premier Plus SMS, revenue is deferred and recognized on a ratable basis over the longer of (i) the period the services are performed, or (ii) the license term. When we provide professional services considered essential to the functionality of the software, we recognize the combined revenue from the sale of the software and related services using the completed contract or percentage-of-completion method.

We have occasionally been required to commit unanticipated additional resources to complete projects, which resulted in losses on those contracts. Provisions for estimated losses on contracts are made during the period in which such losses become probable and can be reasonably estimated.

Deferred Revenue

Deferred revenue includes amounts billed or collected in advance of revenue recognition, including arrangements under the aspenONE licensing model, point product arrangements with Premier Plus SMS, legacy SMS offering, professional services, and training. Under the aspenONE licensing model and for point product arrangements with Premier Plus SMS, VSOE does not exist for the undelivered elements, and as a result the arrangement fees are recognized ratably (i.e., on a subscription basis) over the term of the license, and deferred revenue is recorded as each invoice becomes due.

For arrangements under the upfront revenue model, a portion of the arrangement fee is generally recorded as deferred revenue due to the inclusion of an undelivered element, typically our legacy SMS offering or professional services. The amount of revenue allocated to undelivered elements is based on the VSOE for those elements using the residual method, and is earned and recognized as revenue as each element is delivered.

(c) Installments Receivable

Installments receivable resulting from product sales under the upfront revenue model are discounted to present value at prevailing market rates at the date the contract is signed, taking into consideration the customer’s credit rating. The finance element is recognized using the effective interest method over the relevant license term and is classified as interest income. Installments receivable are split between current and non-current in our unaudited consolidated balance sheets based on the maturity date of the related installment. Non-current installments receivable consist of receivables with a due date greater than one year from the period-end date. Current installments receivable consist of invoices with a due date of less than one year but greater than 45 days from the period-end date. Once an installments receivable invoice becomes due within 45 days, it is reclassified as a trade accounts receivable in our unaudited consolidated balance sheets. As a result, we did not have any past due installments receivable as of March 31, 2013.

Our non-current installments receivable are within the scope of Accounting Standards Update (ASU) No. 2010-20, Receivables (Topic 310): Disclosures about the Credit Quality of Financing Receivables and the Allowance for Credit Losses. As our portfolio of financing receivables arises from the sale of our software licenses, the methodology for determining our allowance for doubtful accounts is based on the collective population of receivables and is not stratified by class or portfolio segment. We consider factors such as existing economic conditions, country risk, and customer’s credit rating and past payment history in determining our allowance for doubtful accounts. We reserve against our installments receivable when the related trade accounts receivable have been past due for over a year, or when there is a specific risk of uncollectability. Our specific reserve reflects the full value of the related installments receivable for which collection has been deemed uncertain. Our specific reserve represented 96% and 89% of our total installments receivable allowance for doubtful accounts at March 31, 2013 and June 30, 2012, respectively. In instances when an installment receivable that is reserved ages into a trade account receivable, the related reserve is transferred to our trade accounts receivable allowance.

We write off receivables when they have been deemed uncollectable based on our judgment. In instances when we write off specific customers’ trade accounts receivable, we also write off any related current and non-current installments receivable balances. Any incremental interest income for installments receivable that has been reserved is offset by an additional provision to the allowance for doubtful accounts.

As of March 31, 2013, our gross current and non-current installments receivable of $20.0 million and $3.0 million are presented net of unamortized discounts of $0.9 million and $0.3 million and net of allowance for doubtful accounts of $0.1 million each, respectively. Provision for bad debts related to current and non-current installments receivable was not significant during the three and nine months ended March 31, 2013 and 2012, respectively.

As of June 30, 2012, our gross current and non-current installments receivable of $35.0 million and $15.9 million are presented net of unamortized discounts of $1.6 million and $1.8 million, and net of allowance for doubtful accounts of $0.2 million and less than $0.1 million, respectively.

Under the aspenONE licensing model and for point product arrangements with Premier Plus SMS included for the contract term, the installment payments are not considered fixed or determinable and, as a result, are not included as installments receivable on our unaudited consolidated balance sheet.

(d) Loss Contingencies

We accrue estimated liabilities for loss contingencies arising from claims, assessments, litigation and other sources when it is probable that a liability has been incurred and the amount of the claim, assessment or damages can be reasonably estimated. We believe that we have sufficient accruals to cover any obligations resulting from claims, assessments or litigation that have met these criteria. Refer to Note 11 for discussion of these matters and related liability accruals.

(e) Other

For further information with regard to our “Significant Accounting Policies,” please refer to Note 2 of our Consolidated Financial Statements and Notes thereto included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2012.

Marketable Securities

9 Months Ended

Mar. 31, 2013

Marketable Securities

Marketable Securities

3. Marketable Securities

The following table summarizes the fair value, the amortized cost and unrealized holding gains (losses) on our marketable securities as of March 31, 2013 (dollars in thousands):

	Fair Value		Cost		Unrealized Gains		Unrealized Losses

U.S. corporate bonds	$	30,535	$	30,540	$	4	$	(9	)
Total short-term marketable securities	$	30,535	$	30,540	$	4	$	(9	)

U.S. corporate bonds	$	44,538	$	44,562	$	3	$	(27	)
Total long-term marketable securities	$	44,538	$	44,562	$	3	$	(27	)

Our marketable securities are classified as available-for-sale and are recorded on the unaudited consolidated balance sheets at fair value with unrealized gains or losses reported as a separate component of accumulated other comprehensive income, net of tax. Our investments consist primarily of investment grade fixed income corporate debt securities with maturity dates ranging from April 2013 through January 2015. Unrealized losses are attributable to changes in interest rates.

We review our marketable securities at each reporting period to determine if any of our securities have experienced an other-than-temporary decline in fair value. During the three and nine months ended March 31, 2013, our marketable securities were not considered other-than-temporarily impaired and, as such, we did not recognize impairment losses during the periods then ended.

- Definition

The entire disclosure for investments in certain debt and equity securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-Glossary Debt Security
-URI http://asc.fasb.org/extlink&oid=6509901

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6379141&loc=d3e15032-111544

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
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-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27290-111563

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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-Topic 320
-Glossary Equity Security
-URI http://asc.fasb.org/extlink&oid=6511694

Reference 5: http://www.xbrl.org/2003/role/presentationRef
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 3, 19, 20, 21, 22, 137
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Goodwill

9 Months Ended

Mar. 31, 2013

Goodwill

Goodwill

4. Goodwill

The changes in the carrying amount of goodwill by reporting unit for the nine months ended March 31, 2013 are as follows (dollars in thousands):

	Reporting Unit
Asset Class	License			SMS, Training, and Other		Professional Services			Total
Balance as of June 30, 2012
Goodwill	$	69,570		$	15,398	$	5,102		$	90,070
Accumulated impairment losses	(65,569		)	—		(5,102		)	(70,671		)
	$	4,001		$	15,398	$	—		$	19,399

Effect of currency translation	32			34		—			66

Balance as of March 31, 2013
Goodwill	$	69,602		$	15,432	$	5,102		$	90,136
Accumulated impairment losses	(65,569		)	—		(5,102		)	(70,671		)
	$	4,033		$	15,432	$	—		$	19,465

We test goodwill for impairment annually (or more often if impairment indicators arise), at the reporting unit level in accordance with the provisions of ASC 350, Intangibles—Goodwill and Other.

We adopted ASU No. 2011-08, Intangibles-Goodwill and Other (Topic 350): Testing Goodwill for Impairment, during fiscal 2012. In accordance with the provisions of ASU No. 2011-08, we must first assess qualitative factors to determine whether the existence of events or circumstances indicates that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If we determine based on this assessment that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, we are required to perform the two-step goodwill impairment test. The first step requires us to determine the fair value of each reporting unit and compare it to the carrying amount, including goodwill, of such reporting unit. If the fair value exceeds the carrying amount, no impairment loss is recognized. However, if the carrying amount of the reporting unit exceeds its fair value, the goodwill of the unit may be impaired. The amount of impairment, if any, is measured based upon the implied fair value of goodwill at the valuation date.

Fair value of a reporting unit is determined using a combined weighted average of a market-based approach (utilizing fair value multiples of comparable publicly traded companies) and an income-based approach (utilizing discounted projected cash flows). In applying the income-based approach, we would be required to make assumptions about the amount and timing of future expected cash flows, growth rates and appropriate discount rates. The amount and timing of future cash flows would be based on our most recent long-term financial projections. The discount rate we would utilize would be determined using estimates of market participant risk-adjusted weighted-average costs of capital and reflect the risks associated with achieving future cash flows.

We have elected December 31st as the annual impairment assessment date and perform additional impairment tests if triggering events occur. We performed our annual impairment test for each reporting unit as of December 31, 2012, and, based upon the results of our qualitative assessment, determined that it was not likely that their respective fair values were less than their carrying amounts. As such, we did not perform the two-step goodwill impairment test and did not recognize impairment losses as a result of our analysis. If an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value, goodwill will be evaluated for impairment between annual tests. No triggering events indicating goodwill impairment occurred during the three and nine months ended March 31, 2013.

Income Taxes	9 Months Ended
Income Taxes	Mar. 31, 2013
Income Taxes
Income Taxes	5. Income Taxes The effective tax rate for the periods presented is primarily the result of income earned in the U.S., taxed at U.S. federal and state statutory income tax rates, income earned in foreign tax jurisdictions which are taxed at their applicable rates, as well as the impact of permanent differences between book and tax income. Our effective tax rate for the three and nine months ended March 31, 2013 was 38.6% and 41.3%, respectively. Our effective benefit rate for the three and nine months ended March 31, 2012 was 69.0% and 20.3%, respectively. Our effective tax rate for the three and nine months ended March 31, 2013 differs from the U.S. federal statutory income tax rate primarily as a result of the impact of permanent items, including non-deductible stock-based compensation expense. Deferred income taxes are recognized based on temporary differences between the financial statement and tax bases of assets and liabilities. Deferred tax assets and liabilities are measured using the statutory tax rates and laws expected to apply to taxable income in the years in which the temporary differences are expected to reverse. Valuation allowances are provided against net deferred tax assets if, based upon the available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the future generation of taxable income and the timing of the temporary differences becoming deductible. Management considers, among other available information, scheduled reversals of deferred tax liabilities, projected future taxable income, limitations of availability of net operating loss carry-forwards, and other matters in making this assessment. At March 31, 2013, our total valuation allowance was approximately $5.6 million. We do not provide deferred taxes on unremitted earnings of foreign subsidiaries since we intend to indefinitely reinvest those earnings either currently or sometime in the foreseeable future. Unrecognized provisions for taxes on undistributed earnings of foreign subsidiaries, which are considered indefinitely reinvested, are not material to our consolidated financial position or results of operations.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

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-Name Accounting Standards Codification
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-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319

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Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 136, 172
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 43, 44, 45, 46, 47, 48, 49
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Fair Value	9 Months Ended
Fair Value	Mar. 31, 2013
Fair Value
Fair Value	6. Fair Value We determine fair value by utilizing a fair value hierarchy that ranks the quality and reliability of the information used in its determination. Fair values determined using “Level 1 inputs” utilize unadjusted quoted prices in active markets for identical assets or liabilities that we have the ability to access. Fair values determined using “Level 2 inputs” utilize data points that are observable such as quoted prices, interest rates and yield curves for similar assets and liabilities. Cash equivalents of $119.3 million and $144.0 million as of March 31, 2013, and June 30, 2012, respectively, are reported at fair value utilizing Level 1 inputs. Our cash equivalents consist of short-term, highly liquid investments with remaining maturities of three months or less when purchased. Marketable securities of $75.1 million as of March 31, 2013, are reported at fair value calculated in accordance with the market approach, utilizing market consensus pricing models with quoted prices that are directly or indirectly observable, or “Level 2 inputs.” Financial instruments not measured or recorded at fair value in the accompanying unaudited consolidated financial statements consist of accounts receivable, installments receivable, collateralized receivables, accounts payable and secured borrowings. The estimated fair value of accounts receivable, installments receivable, collateralized receivables and accounts payable approximates their carrying value. The estimated fair value of secured borrowings exceeded the carrying value by $0.2 million as of June 30, 2012. Secured borrowings were repaid in full or repurchased during the second quarter of fiscal 2013. The fair value of secured borrowings was calculated using the market approach, utilizing interest rates that were indirectly observable in markets for similar liabilities, or “Level 2 inputs.”

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258

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-Name Statement of Financial Accounting Standard (FAS)
-Number 107
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-Subparagraph a, b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
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Reference 11: http://www.xbrl.org/2003/role/presentationRef
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32, 33, 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 3, 10, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Supplementary Balance Sheet Information

9 Months Ended

Mar. 31, 2013

Supplementary Balance Sheet Information

Supplementary Balance Sheet Information

7. Supplementary Balance Sheet Information

The following table summarizes our accounts receivable, net of the related allowance for doubtful accounts, as of March 31, 2013 and June 30, 2012 (dollars in thousands). Refer to Note 2(c) for a summary of our installments receivable balances. Collateralized receivables are presented in the unaudited consolidated balance sheets and in the table below as of June 30, 2012, net of discounts for future interest established at inception of the installment arrangement.

			Unamortized
	Gross		Discounts		Allowance		Net
March 31, 2013:
Accounts Receivable	$	30,867	$	—	$	1,871	$	28,996
	$	30,867	$	—	$	1,871	$	28,996

June 30, 2012:
Accounts Receivable	$	33,432	$	—	$	1,982	$	31,450
Collateralized Receivables - current	6,500		203		—		6,297
	$	39,932	$	203	$	1,982	$	37,747

Collateralized receivables were collected in full or repurchased during the second quarter of fiscal 2013. Repurchased receivables, net of discounts for future interest, were reclassified into accounts receivable or installments receivable during the period then ended.

Accrued expenses and other current liabilities in the accompanying unaudited consolidated balance sheets consist of the following (dollars in thousands):

	March 31, 2013		June 30, 2012

Royalties and outside commissions	$	4,282	$	4,875
Payroll and payroll-related	14,107		21,558
Other	11,027		11,556
Total accrued expenses and other current liabilities	$	29,416	$	37,989

Other non-current liabilities in the accompanying unaudited consolidated balance sheets consist of the following (dollars in thousands):

	March 31, 2013		June 30, 2012

Deferred rent	$	971	$	1,532
Other*	13,034		13,897
Total other non-current liabilities	$	14,005	$	15,429

* Other is comprised primarily of our reserve for uncertain tax liabilities of $11.2 million and $12.2 million as of March 31, 2013 and June 30, 2012, respectively.

Stock-Based Compensation

9 Months Ended

Mar. 31, 2013

Stock-Based Compensation

Stock-Based Compensation

8. Stock-Based Compensation

General Award Terms

We issue stock options and restricted stock units (RSUs) to our employees and outside directors, pursuant to stockholder-approved equity compensation plans. Option awards are granted with an exercise price equal to the market closing price of our stock on the trading day prior to the date of grant; those options generally vest over four years and expire within 7 or 10 years of grant. RSUs generally vest over four years. Historically, our practice has been to settle stock option exercises and RSU vesting through newly-issued shares.

Stock-Based Compensation Accounting

Our stock-based compensation is principally accounted for as awards of equity instruments. Our policy is to issue new shares upon the exercise of stock awards. We adopted the simplified method related to accounting for the tax effects of share-based payment awards to employees under ASC Topic 718, Compensation—Stock Compensation (ASC 718). We use the “with-and-without” approach for determining if excess tax benefits are realized under ASC 718.

We utilize the Black-Scholes option valuation model for estimating the fair value of options granted. The Black-Scholes option valuation model incorporates assumptions regarding expected stock price volatility, the expected life of the option, the risk-free interest rate, dividend yield and the market value of our common stock. The expected stock price volatility is determined based on our stock’s historic prices over a period commensurate with the expected life of the award. The expected life of an option represents the period for which options are expected to be outstanding as determined by historic option exercises and cancellations. The risk-free interest rate is based on the U.S. Treasury yield curve for notes with terms approximating the expected life of the options granted. The expected dividend yield is zero, based on our history and expectation of not paying dividends on common shares. We recognize compensation costs on a straight-line basis, net of estimated forfeitures, over the requisite service period for time-vested awards.

There were no awards granted during the three months ended March 31, 2013. The weighted average estimated fair value of awards granted during the three months ended March 31, 2012 was $6.47. The weighted average estimated fair value of awards granted during the nine months ended March 31, 2013 and 2012 was $9.76 and $6.50, respectively.

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

	Nine Months Ended
	March 31,
	2013		2012
Risk-free interest rate	0.6	%	1.2	%
Expected dividend yield	0.0	%	0.0	%
Expected life (in years)	4.8		4.6
Expected volatility factor	48.9	%	49.7	%

The stock-based compensation expense and its classification in the unaudited consolidated statements of operations for the three and nine months ended March 31, 2013 and 2012 are as follows (dollars in thousands):

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2013		2012		2013		2012
Recorded as expenses:
Cost of services and other	$	325	$	280	$	984	$	897
Selling and marketing	994		1,103		2,943		3,502
Research and development	770		319		2,253		1,020
General and administrative	1,438		1,123		5,115		4,185
Total stock-based compensation	$	3,527	$	2,825	$	11,295	$	9,604

A summary of stock option and RSU activity under all equity plans for the nine months ended March 31, 2013 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		$	59,034	1,327,071		$	12.73
Granted	498,264		23.40					588,148		23.40
Settled (RSUs)	—		—					(632,846	)	13.96
Exercised	(2,232,816	)	6.91					—		—
Cancelled / Forfeited	(59,747	)	11.91					(51,162	)	14.84
Outstanding at March 31, 2013	2,385,966		$	13.94	6.73	$	43,785	1,231,211		$	17.10

Vested and exercisable at March 31, 2013	1,363,553		$	11.40	5.56	$	28,482	—		—

Vested and expected to vest as of March 31, 2013	2,230,224		$	13.71	6.61	$	41,448	1,077,657		$	17.07

There were no RSUs granted during the three months ended March 31, 2013. The weighted average grant-date fair value of RSUs granted during the nine months ended March 31, 2013 was $23.40, and during the three and nine months ended March 31, 2012 was $16.53 and $15.52, respectively. During each of three months ended March 31, 2013 and 2012, the total fair value of shares vested from RSU grants was $4.0 million, respectively, and during the nine months ended March 31, 2013 and 2012 was $17.1 million and $9.5 million, respectively.

At March 31, 2013, the total future unrecognized compensation cost related to stock options and RSUs was $6.8 million and $18.4 million, respectively, and is expected to be recorded over a weighted average period of 2.6 years and 2.7 years, respectively.

The total intrinsic value of options exercised during the three months ended March 31, 2013 and 2012 was $22.6 million and $4.7 million, respectively. The total intrinsic value of options exercised during the nine months ended March 31, 2013 and 2012 was $45.8 million and $9.7 million, respectively. We received $15.4 million and $6.6 million in cash proceeds from option exercises during the nine months ended March 31, 2013 and 2012, respectively. We paid $5.8 million and $3.1 million for withholding taxes on vested RSUs during the nine months ended March 31, 2013 and 2012, respectively.

At March 31, 2013, common stock reserved for future issuance or settlement under equity compensation plans was 8.3 million shares.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 40
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-URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929

Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64, 65, A240
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 93-6
-Paragraph 53
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Common Stock	9 Months Ended
Common Stock	Mar. 31, 2013
Common Stock
Common Stock	9. Common Stock On October 24, 2012, our Board of Directors approved a share repurchase program for up to $100 million worth of our common stock. This share repurchase program replaced the prior share repurchase program approved by the Board of Directors on November 1, 2011 for up to $100 million, which had approximately $41.8 million of remaining capacity on October 24, 2012. The program approved on November 1, 2011 had replaced a repurchase program with a value of up to $40 million which had been approved by the Board of Directors on October 29, 2010. The timing and amount of any shares repurchased are based on market conditions and other factors. All share repurchases of our common stock have been recorded as treasury stock under the cost method. We repurchased 2,218,349 shares of our common stock for $59.3 million during the nine months ended March 31, 2013. We repurchased 2,496,595 shares of our common stock for $46.1 million during fiscal 2012. As of March 31, 2013, the remaining dollar value under the stock repurchase program approved on October 24, 2012 was $65.3 million.

Net Income (Loss) Per Share

9 Months Ended

Mar. 31, 2013

Net Income (Loss) Per Share

Net Income (Loss) Per Share

10. Net Income (Loss) Per Share

Basic income (loss) per share is determined by dividing net income (loss) by the weighted average common shares outstanding during the period. Diluted income (loss) per share is determined by dividing net income (loss) by diluted weighted average shares outstanding during the period. Diluted weighted average shares reflect the dilutive effect, if any, of potential common shares. To the extent their effect is dilutive, employee equity awards and other commitments to be settled in common stock are included in the calculation of diluted net income (loss) per share based on the treasury stock method.

For the three and nine months ended March 31, 2013, certain employee equity awards were anti-dilutive based on the treasury stock method. For the three and nine months ended March 31, 2012, all potential common shares were anti-dilutive due to the net loss. The calculations of basic and diluted net income (loss) per share and basic and diluted weighted average shares outstanding are as follows (dollars and shares in thousands, except per share data):

	Three Months Ended					Nine Months Ended
	March 31,					March 31,
	2013		2012			2013		2012

Net income (loss)	$	10,513	$	(520	)	$	24,863	$	(8,420	)

Weighted average shares outstanding	93,730		93,583			93,556		93,851

Dilutive impact from:
Share-based payment awards	1,670		—			1,919		—
Dilutive weighted average shares outstanding	95,400		93,583			95,475		93,851

Income (loss) per share
Basic	$	0.11	$	(0.01	)	$	0.27	$	(0.09	)
Dilutive	$	0.11	$	(0.01	)	$	0.26	$	(0.09	)

The following potential common shares were excluded from the calculation of diluted weighted average shares outstanding because their effect would be anti-dilutive at the balance sheet date (shares in thousands):

	Three Months Ended		Nine Months Ended
	March 31,		March 31,
	2013	2012	2013	2012
Employee equity awards	438	6,392	947	6,805

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Mar. 31, 2013
Commitments and Contingencies
Commitments and Contingencies	11. Commitments and Contingencies In the ordinary course of business, we from time to time pursue lawsuits and claims to enforce our intellectual property rights and to address other intellectual property, commercial and miscellaneous matters. In addition, we are also from time to time involved in other lawsuits, claims, investigations, proceedings and threats of litigation. These include an April 2004 claim by a customer for approximately $5.0 million that certain of our software products and implementation services failed to meet the customer’s expectations. The results of litigation and claims cannot be predicted with certainty, and unfavorable resolutions are possible and could materially affect our results of operations, cash flows or financial position. In addition, regardless of the outcome, litigation could have an adverse impact on us because of litigation fees and costs, diversion of management resources and other factors. While the outcome of the proceedings and claims referenced above cannot be predicted with certainty, there are no such matters as of March 31, 2013, that, in the opinion of management, might have a material adverse effect on our financial position, results of operations or cash flows. Liabilities, if applicable, related to the aforementioned matters discussed in this Note have been included in our accrued liabilities at March 31, 2013 and June 30, 2012, and are not material to our financial position for the periods then ended. As of March 31, 2013 we do not believe that there is a reasonable possibility of a loss exceeding the amounts already accrued for the proceedings or matters discussed above.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.25)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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-Name Accounting Standards Codification
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-Name FASB Interpretation (FIN)
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
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+ Details

Segment and Geographic Information

9 Months Ended

Mar. 31, 2013

Segment and Geographic Information

Segment and Geographic Information

12. Segment and Geographic Information

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision making group, in deciding how to allocate resources and in assessing performance. Our chief operating decision maker is our President and Chief Executive Officer.

We have three operating segments: license; SMS, training, and other; and professional services. The chief operating decision maker assesses financial performance and allocates resources based upon the three lines of business.

The license line of business is engaged in the development and licensing of software. The SMS, training, and other line of business provides customers with a wide range of support services that include on-site support, telephone support, software updates and various forms of training on how to use our products. The professional services line of business offers implementation, advanced process control, real-time optimization, and other professional services.

The accounting policies of the operating segments are the same as those described in the summary of significant accounting policies (refer to Note 2 in the financial statements in our Form 10-K for the year ended June 30, 2012). We do not track assets or capital expenditures by operating segments. Consequently, it is not practical to show assets, capital expenditures, depreciation or amortization by operating segments.

The following table presents a summary of operating segments (dollars in thousands):

	License		SMS, Training, and Other		Professional Services			Total
Three Months Ended March 31, 2013
Segment revenue	$	60,899	$	10,945	$	7,513		$	79,357
Segment expenses	16,031		1,597		5,989			23,617
Segment operating profit (1)	$	44,868	$	9,348	$	1,524		$	55,740
Three Months Ended March 31, 2012
Segment revenue	$	42,444	$	12,935	$	5,958		$	61,337
Segment expenses	17,224		2,179		5,702			25,105
Segment operating profit (1)	$	25,220	$	10,756	$	256		$	36,232

Nine Months Ended March 31, 2013
Segment revenue	$	174,436	$	34,274	$	19,413		$	228,123
Segment expense	48,864		5,286		17,039			71,189
Segment operating profit (1)	$	125,572	$	28,988	$	2,374		$	156,934
Nine Months Ended March 31, 2012
Segment revenue	$	120,856	$	41,504	$	16,757		$	179,117
Segment expense	50,639		7,385		17,945			75,969
Segment operating profit (loss) (1)	$	70,217	$	34,119	$	(1,188	)	$	103,148

(1) The segment operating profits (losses) reported reflect the direct expenses of the operating segment and contain certain allocations of selling and marketing, general and administrative, research and development, and do not contain restructuring and other corporate expenses incurred in support of the segments.

Reconciliation to Income (Loss) Before Income Taxes

The following table presents a reconciliation of total segment operating profit to income (loss) before income taxes for the three and nine months ended March 31, 2013 and 2012 (in thousands):

	Three Months Ended						Nine Months Ended
	March 31,						March 31,
	2013			2012			2013			2012
Total segment operating profit for reportable segments	$	55,740		$	36,232		$	156,934		$	103,148
Cost of subscription and software	(3,229		)	(2,717		)	(9,519		)	(8,063		)
Marketing	(3,896		)	(4,011		)	(9,896		)	(10,326		)
Research and development	(13,028		)	(12,205		)	(38,313		)	(34,350		)
General and administrative	(9,404		)	(11,069		)	(28,555		)	(33,651		)
Information technology and overhead	(6,363		)	(6,303		)	(19,146		)	(18,695		)
Stock-based compensation	(3,527		)	(2,825		)	(11,295		)	(9,604		)
Restructuring charges	41			84			7			143
Other expense, net	(18		)	(26		)	(352		)	(2,483		)
Interest income (net)	795			1,165			2,476			3,323
Income (loss) before income taxes	$	17,111		$	(1,675	)	$	42,341		$	(10,558	)

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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+ Details

Significant Accounting Policies (Policies)

9 Months Ended

Mar. 31, 2013

Significant Accounting Policies

Overview of Licensing Model Changes

(a) Overview of Licensing Model Changes

Transition to the aspenONE Licensing Model

In fiscal 2010, we introduced the following changes to our licensing model:

(ii) Began to include SMS for the entire term on our point product term arrangements.

Impact of Licensing Model Changes

The principal accounting implications of the changes to our licensing model are as follows:

· The amount of our deferred revenue has increased as more revenue from our term license portfolio has been recognized on a ratable basis.

Introduction of our Premier Plus SMS Offering

Revenue Recognition

(b) Revenue Recognition

Fee is fixed or determinable—We assess whether a fee is fixed or determinable at the outset of the arrangement. Significant judgment is involved in making this assessment.

Vendor-Specific Objective Evidence of Fair Value

Subscription and Software Revenue

Results of Operations Classification - Subscription and Software Revenue

	Three Months Ended March 31,				Three Months Ended March 31,
	2013		2012		2013		2012
	(Dollars in thousands)				% of Total
Subscription and software revenue:
Ratable	$	58,551	$	40,328	96.1	%	95.0	%
Residual method (1)	2,348		2,116		3.9		5.0
Subscription and software revenue	$	60,899	$	42,444	100.0	%	100.0	%

	Nine Months Ended March 31,				Nine Months Ended March 31,
	2013		2012		2013		2012
	(Dollars in thousands)				% of Total
Subscription and software revenue:
Ratable	$	162,253	$	100,509	93.0	%	83.2	%
Residual method (1)	12,183		20,347		7.0		16.8
Subscription and software revenue	$	174,436	$	120,856	100.0	%	100.0	%

(1) Residual method revenue detail

	Three Months Ended March 31,				Nine Months Ended March 31,
	2013		2012		2013		2012
	(Dollars in thousands)				(Dollars in thousands)

Residual method revenue:
Legacy arrangements	$	2,123	$	1,714	$	10,840	$	18,498
Perpetual arrangements	225		402		1,343		1,849
Total residual method revenue	$	2,348	$	2,116	$	12,183	$	20,347

Services and Other

SMS Revenue

Professional Services Revenue

Deferred Revenue

Installments Receivable

(c) Installments Receivable

Loss Contingencies

(d) Loss Contingencies

- Definition

Disclosure of accounting policy for commitments and contingencies, which may include policies for recognizing and measuring loss and gain contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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+ Details

- Definition

Disclosure of accounting policy for revenue recognition. If the entity has different policies for different types of revenue transactions, the policy for each material type of transaction is generally disclosed. If a sales transaction has multiple element arrangements (for example, delivery of multiple products, services or the rights to use assets) the disclosure may indicate the accounting policy for each unit of accounting as well as how units of accounting are determined and valued. The disclosure may encompass important judgment as to appropriateness of principles related to recognition of revenue. The disclosure also may indicate the entity's treatment of any unearned or deferred revenue that arises from the transaction.

+ References + Details

Significant Accounting Policies (Tables)

9 Months Ended

Mar. 31, 2013

Significant Accounting Policies

Reconciliation of Revenue Recognition Methodology

	Three Months Ended March 31,				Three Months Ended March 31,
	2013		2012		2013		2012
	(Dollars in thousands)				% of Total
Subscription and software revenue:
Ratable	$	58,551	$	40,328	96.1	%	95.0	%
Residual method (1)	2,348		2,116		3.9		5.0
Subscription and software revenue	$	60,899	$	42,444	100.0	%	100.0	%

	Nine Months Ended March 31,				Nine Months Ended March 31,
	2013		2012		2013		2012
	(Dollars in thousands)				% of Total
Subscription and software revenue:
Ratable	$	162,253	$	100,509	93.0	%	83.2	%
Residual method (1)	12,183		20,347		7.0		16.8
Subscription and software revenue	$	174,436	$	120,856	100.0	%	100.0	%

(1) Residual method revenue detail

	Three Months Ended March 31,				Nine Months Ended March 31,
	2013		2012		2013		2012
	(Dollars in thousands)				(Dollars in thousands)

Residual method revenue:
Legacy arrangements	$	2,123	$	1,714	$	10,840	$	18,498
Perpetual arrangements	225		402		1,343		1,849
Total residual method revenue	$	2,348	$	2,116	$	12,183	$	20,347

Marketable Securities (Tables)

9 Months Ended

Mar. 31, 2013

Marketable Securities

Summary of the fair value, the amortized cost and unrealized holding gains (losses) on marketable securities

The following table summarizes the fair value, the amortized cost and unrealized holding gains (losses) on our marketable securities as of March 31, 2013 (dollars in thousands):

	Fair Value		Cost		Unrealized Gains		Unrealized Losses

U.S. corporate bonds	$	30,535	$	30,540	$	4	$	(9	)
Total short-term marketable securities	$	30,535	$	30,540	$	4	$	(9	)

U.S. corporate bonds	$	44,538	$	44,562	$	3	$	(27	)
Total long-term marketable securities	$	44,538	$	44,562	$	3	$	(27	)

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ References

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+ Details

Goodwill (Tables)

9 Months Ended

Mar. 31, 2013

Goodwill

Changes in Carrying Amount of Goodwill by Reporting Unit

The changes in the carrying amount of goodwill by reporting unit for the nine months ended March 31, 2013 are as follows (dollars in thousands):

	Reporting Unit
Asset Class	License			SMS, Training, and Other		Professional Services			Total
Balance as of June 30, 2012
Goodwill	$	69,570		$	15,398	$	5,102		$	90,070
Accumulated impairment losses	(65,569		)	—		(5,102		)	(70,671		)
	$	4,001		$	15,398	$	—		$	19,399

Effect of currency translation	32			34		—			66

Balance as of March 31, 2013
Goodwill	$	69,602		$	15,432	$	5,102		$	90,136
Accumulated impairment losses	(65,569		)	—		(5,102		)	(70,671		)
	$	4,033		$	15,432	$	—		$	19,465

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References + Details

Supplementary Balance Sheet Information (Tables)

9 Months Ended

Mar. 31, 2013

Supplementary Balance Sheet Information

Accounts Receivable and Collateralized Receivable

			Unamortized
	Gross		Discounts		Allowance		Net
March 31, 2013:
Accounts Receivable	$	30,867	$	—	$	1,871	$	28,996
	$	30,867	$	—	$	1,871	$	28,996

June 30, 2012:
Accounts Receivable	$	33,432	$	—	$	1,982	$	31,450
Collateralized Receivables - current	6,500		203		—		6,297
	$	39,932	$	203	$	1,982	$	37,747

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities in the accompanying unaudited consolidated balance sheets consist of the following (dollars in thousands):

	March 31, 2013		June 30, 2012

Royalties and outside commissions	$	4,282	$	4,875
Payroll and payroll-related	14,107		21,558
Other	11,027		11,556
Total accrued expenses and other current liabilities	$	29,416	$	37,989

Other Non-current Liabilities

Other non-current liabilities in the accompanying unaudited consolidated balance sheets consist of the following (dollars in thousands):

	March 31, 2013		June 30, 2012

Deferred rent	$	971	$	1,532
Other*	13,034		13,897
Total other non-current liabilities	$	14,005	$	15,429

* Other is comprised primarily of our reserve for uncertain tax liabilities of $11.2 million and $12.2 million as of March 31, 2013 and June 30, 2012, respectively.

Stock-Based Compensation (Tables)

9 Months Ended

Mar. 31, 2013

Stock-Based Compensation

Weighted Average Assumptions

	Nine Months Ended
	March 31,
	2013		2012
Risk-free interest rate	0.6	%	1.2	%
Expected dividend yield	0.0	%	0.0	%
Expected life (in years)	4.8		4.6
Expected volatility factor	48.9	%	49.7	%

Stock-based Compensation Expense

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2013		2012		2013		2012
Recorded as expenses:
Cost of services and other	$	325	$	280	$	984	$	897
Selling and marketing	994		1,103		2,943		3,502
Research and development	770		319		2,253		1,020
General and administrative	1,438		1,123		5,115		4,185
Total stock-based compensation	$	3,527	$	2,825	$	11,295	$	9,604

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, 2012	4,180,265		$	9.03		$	59,034	1,327,071		$	12.73
Granted	498,264		23.40					588,148		23.40
Settled (RSUs)	—		—					(632,846	)	13.96
Exercised	(2,232,816	)	6.91					—		—
Cancelled / Forfeited	(59,747	)	11.91					(51,162	)	14.84
Outstanding at March 31, 2013	2,385,966		$	13.94	6.73	$	43,785	1,231,211		$	17.10

Vested and exercisable at March 31, 2013	1,363,553		$	11.40	5.56	$	28,482	—		—

Vested and expected to vest as of March 31, 2013	2,230,224		$	13.71	6.61	$	41,448	1,077,657		$	17.07

- Definition

Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed.

+ References + Details

Net Income (Loss) Per Share (Tables)

9 Months Ended

Mar. 31, 2013

Net Income (Loss) Per Share

Schedule of Income (Loss) per Common Share, Basic and Diluted

The calculations of basic and diluted net income (loss) per share and basic and diluted weighted average shares outstanding are as follows (dollars and shares in thousands, except per share data):

	Three Months Ended					Nine Months Ended
	March 31,					March 31,
	2013		2012			2013		2012

Net income (loss)	$	10,513	$	(520	)	$	24,863	$	(8,420	)

Weighted average shares outstanding	93,730		93,583			93,556		93,851

Dilutive impact from:
Share-based payment awards	1,670		—			1,919		—
Dilutive weighted average shares outstanding	95,400		93,583			95,475		93,851

Income (loss) per share
Basic	$	0.11	$	(0.01	)	$	0.27	$	(0.09	)
Dilutive	$	0.11	$	(0.01	)	$	0.26	$	(0.09	)

Anti-dilutive Potential Common Shares Excluded from Calculation of Diluted Weighted Average Shares Outstanding

	Three Months Ended		Nine Months Ended
	March 31,		March 31,
	2013	2012	2013	2012
Employee equity awards	438	6,392	947	6,805

Segment and Geographic Information (Tables)

9 Months Ended

Mar. 31, 2013

Segment and Geographic Information

Summary of Operating Segments

The following table presents a summary of operating segments (dollars in thousands):

	License		SMS, Training, and Other		Professional Services			Total
Three Months Ended March 31, 2013
Segment revenue	$	60,899	$	10,945	$	7,513		$	79,357
Segment expenses	16,031		1,597		5,989			23,617
Segment operating profit (1)	$	44,868	$	9,348	$	1,524		$	55,740
Three Months Ended March 31, 2012
Segment revenue	$	42,444	$	12,935	$	5,958		$	61,337
Segment expenses	17,224		2,179		5,702			25,105
Segment operating profit (1)	$	25,220	$	10,756	$	256		$	36,232

Nine Months Ended March 31, 2013
Segment revenue	$	174,436	$	34,274	$	19,413		$	228,123
Segment expense	48,864		5,286		17,039			71,189
Segment operating profit (1)	$	125,572	$	28,988	$	2,374		$	156,934
Nine Months Ended March 31, 2012
Segment revenue	$	120,856	$	41,504	$	16,757		$	179,117
Segment expense	50,639		7,385		17,945			75,969
Segment operating profit (loss) (1)	$	70,217	$	34,119	$	(1,188	)	$	103,148

Reconciliation of Total Segment Operating Profit (Loss) to Income (Loss) Before Income Taxes

The following table presents a reconciliation of total segment operating profit to income (loss) before income taxes for the three and nine months ended March 31, 2013 and 2012 (in thousands):

	Three Months Ended						Nine Months Ended
	March 31,						March 31,
	2013			2012			2013			2012
Total segment operating profit for reportable segments	$	55,740		$	36,232		$	156,934		$	103,148
Cost of subscription and software	(3,229		)	(2,717		)	(9,519		)	(8,063		)
Marketing	(3,896		)	(4,011		)	(9,896		)	(10,326		)
Research and development	(13,028		)	(12,205		)	(38,313		)	(34,350		)
General and administrative	(9,404		)	(11,069		)	(28,555		)	(33,651		)
Information technology and overhead	(6,363		)	(6,303		)	(19,146		)	(18,695		)
Stock-based compensation	(3,527		)	(2,825		)	(11,295		)	(9,604		)
Restructuring charges	41			84			7			143
Other expense, net	(18		)	(26		)	(352		)	(2,483		)
Interest income (net)	795			1,165			2,476			3,323
Income (loss) before income taxes	$	17,111		$	(1,675	)	$	42,341		$	(10,558	)

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details

Significant Accounting Policies (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
Significant Accounting Policies (Details) - USD ($)	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012	Jun. 30, 2012	Jun. 30, 2009
Overview of Licensing Model Changes
Period for which SMS was offered, prior to bundling						1 year
Net cash provided by operating activities			$ 112,624,000	$ 82,970,000	$ 104,600,000	$ 33,000,000
Expense reduction to offset the lower revenue			0
Concessions given on contract modification to an existing term arrangement			0
Subscription and software revenue
Ratable	$ 58,551,000	$ 40,328,000	162,253,000	100,509,000
Residual method	2,348,000	2,116,000	12,183,000	20,347,000
Subscription and software revenue	$ 60,899,000	$ 42,444,000	$ 174,436,000	$ 120,856,000
Ratable, percent of total	96.10%	95.00%	93.00%	83.20%
Residual method, percent of total	3.90%	5.00%	7.00%	16.80%
Subscription and software revenue, percent of total	100.00%	100.00%	100.00%	100.00%
Installments Receivable
Threshold period for classification of installments receivable to trade accounts receivable			45 days
Percentage of total installments receivable allowance for doubtful accounts represented by specific reserve			96.00%		89.00%
Current
Installments receivable, gross	$ 20,000,000		$ 20,000,000		$ 35,000,000
Unamortized discount	900,000		900,000		1,600,000
Allowance for doubtful accounts	100,000		100,000		200,000
Non-current
Installments receivable, gross	3,000,000		3,000,000		15,900,000
Unamortized discount	300,000		300,000		1,800,000
Allowance for doubtful accounts	100,000		$ 100,000
Minimum
Subscription and software revenue
Invoice due date			45 days
Maximum
Subscription and software revenue
Invoice due date			1 year
Non-current
Allowance for doubtful accounts					$ 100,000
Residual method revenue - Legacy arrangements
Subscription and software revenue
Residual method	2,123,000	$ 1,714,000	$ 10,840,000	$ 18,498,000
Residual method revenue - Perpetual arrangements
Subscription and software revenue
Residual method	$ 225,000	$ 402,000	$ 1,343,000	$ 1,849,000

Marketable Securities (Details) - U.S. corporate bonds $ in Thousands	Mar. 31, 2013 USD ($)
Short-term Marketable Securities
Marketable Securities
Fair Value	$ 30,535
Cost	30,540
Unrealized Gain	4
Unrealized Loss	(9)
Long-term Marketable Securities
Marketable Securities
Fair Value	44,538
Cost	44,562
Unrealized Gain	3
Unrealized Loss	$ (27)

- Definition

This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents Available-for-sale Securities which consist of all investments in certain debt and equity securities neither classified as trading or held-to-maturity securities. A debt security represents a creditor relationship with an enterprise. Debt securities include, among other items, US Treasury securities, US government securities, municipal securities, corporate bonds, convertible debt, commercial paper, and all securitized debt instruments. An equity security represents an ownership interest in an enterprise or the right to acquire or dispose of an ownership interest in an enterprise at fixed or determinable prices. Equity securities include, among other things, common stock, certain preferred stock, warrant rights, call options, and put options, but do not include convertible debt. An entity may opt to provide the reader with additional narrative text to better understand the nature of investments in debt and equity securities which are categorized as Available-for-sale.

+ References + Details

Goodwill (Details) $ in Thousands	9 Months Ended
Goodwill (Details) $ in Thousands	Mar. 31, 2013 USD ($)
Goodwill:
Goodwill, gross	$ 90,070
Accumulated impairment losses	(70,671)
Goodwill, net	19,399
Effect of currency translation	66
Goodwill, gross	90,136
Accumulated impairment losses	(70,671)
Goodwill, net	19,465
Impairment loss recognized	0
License
Goodwill:
Goodwill, gross	69,570
Accumulated impairment losses	(65,569)
Goodwill, net	4,001
Effect of currency translation	32
Goodwill, gross	69,602
Accumulated impairment losses	(65,569)
Goodwill, net	4,033
SMS, Training and Other
Goodwill:
Goodwill, gross	15,398
Accumulated impairment losses	0
Goodwill, net	15,398
Effect of currency translation	34
Goodwill, gross	15,432
Accumulated impairment losses	0
Goodwill, net	15,432
Professional Services
Goodwill:
Goodwill, gross	5,102
Accumulated impairment losses	(5,102)
Goodwill, net	0
Effect of currency translation	0
Goodwill, gross	5,102
Accumulated impairment losses	(5,102)
Goodwill, net	$ 0

- Definition

Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13770-109266

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 72
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 68
-Subparagraph l
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Loss recognized during the period that results from the write-down of goodwill after comparing the implied fair value of reporting unit goodwill with the carrying amount of that goodwill. Goodwill is assessed at least annually for impairment.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13854-109267

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 45
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-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13777-109266

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
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-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 72
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 20
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 5
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 47
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
Income Taxes
Effective Income Tax Rate	38.60%	69.00%	41.30%	20.30%
Valuation allowance	$ 5.6		$ 5.6

Fair Value (Details) - USD ($) $ in Millions	Mar. 31, 2013	Jun. 30, 2012
Level 1 Inputs
Fair Value
Cash equivalents	$ 119.3	$ 144.0
Level 2 Inputs
Fair Value
Secured borrowings fair value in excess of carrying value		$ 0.2
Level 2 Inputs \| U.S. corporate bonds
Fair Value
Marketable Securities	$ 75.1

- Definition

+ References + Details

- Definition

This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Company may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months.

+ References + Details

Supplementary Balance Sheet Information (Details) - USD ($) $ in Thousands	Mar. 31, 2013	Jun. 30, 2012
Account Receivable
Account Receivable, Gross	$ 30,867	$ 33,432
Account Receivable, Unamortized Discounts	0	0
Account Receivable, Allowance	1,871	1,982
Account Receivable, Net	28,996	31,450
Collateralized Receivable - current
Current, Gross	0	6,500
Current, Unamortized Discounts	0	203
Current, Allowance	0	0
Current, Net	0	6,297
Accounts receivable and collateralized receivables
Accounts receivable and collateralized receivables, Gross	30,867	39,932
Accounts receivable and collateralized receivables, Unamortized Discounts	0	203
Accounts receivable and collateralized receivables, Allowance	1,871	1,982
Accounts receivable and collateralized receivables, Net	28,996	37,747
Accrued expenses and other current liabilities
Royalties and outside commissions	4,282	4,875
Payroll and payroll-related	14,107	21,558
Other	11,027	11,556
Total accrued expenses and other current liabilities	29,416	37,989
Other non-current liabilities
Deferred rent	971	1,532
Other	13,034	13,897
Total other non-current liabilities	14,005	15,429
Reserve for uncertain tax liabilities	$ 11,200	$ 12,200

Stock-Based Compensation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
Stock-based compensation, additional disclosures
Cash proceeds from option exercises			$ 15,430	$ 6,581
Payments related to tax withholding			$ 5,758	$ 3,125
Stock Options
General award terms
Award vesting period			4 years
Stock-based compensation accounting
Weighted average fair value of awards granted (in dollars per share)		$ 6.47	$ 9.76	$ 6.50
Weighted average assumptions
Risk-free interest rate (as a percent)			0.60%	1.20%
Expected dividend yield (as a percent)			0.00%	0.00%
Expected life			4 years 9 months 18 days	4 years 7 months 6 days
Expected volatility factor (as a percent)			48.90%	49.70%
Stock options activity
Outstanding, beginning of period (in shares)			4,180,265
Granted (in shares)	0		498,264
Exercised (in shares)			(2,232,816)
Cancelled / Forfeited (in shares)			(59,747)
Outstanding, end of period (in shares)	2,385,966		2,385,966
Vested and exercisable (in shares)	1,363,553		1,363,553
Vested and expected to vest (in shares)	2,230,224		2,230,224
Stock options activity, additional disclosures
Weighted average exercise price, beginning of period (in dollars per share)			$ 9.03
Weighted average exercise price, granted (in dollars per share)			23.40
Weighted average exercise price, exercised (in dollars per share)			6.91
Weighted average exercise price, cancelled/forfeited (in dollars per share)			11.91
Weighted average exercise price, end of period (in dollars per share)	$ 13.94		13.94
Weighted average exercise price, vested and exercisable (in dollars per share)	11.40		11.40
Weighted average exercisable price, vested and expected to vest (in dollars per share)	$ 13.71		$ 13.71
Weighted average remaining contractual term, outstanding, end of period			6 years 8 months 23 days
Weighted average remaining contractual term, vested and exercisable			5 years 6 months 22 days
Weighted average remaining contractual term, vested and expected to vest			6 years 7 months 10 days
Aggregate intrinsic value, outstanding, beginning of period			$ 59,034
Aggregate intrinsic value, outstanding, end of period	$ 43,785		43,785
Aggregate intrinsic value, vested and exercisable	28,482		28,482
Aggregate intrinsic value, vested and expected to vest	41,448		41,448
Stock-based compensation, additional disclosures
Total unrecognized compensation cost	6,800		$ 6,800
Total unrecognized compensation cost, period of recognition			2 years 7 months 6 days
Total intrinsic value of options exercised	$ 22,600	$ 4,700	$ 45,800	$ 9,700
Cash proceeds from option exercises			$ 15,400	$ 6,600
Stock Options \| Minimum
General award terms
Stock options contractual term			7 years
Stock Options \| Maximum
General award terms
Stock options contractual term			10 years
Restricted Stock Units
General award terms
Award vesting period			4 years
Restricted stock units activity
Outstanding, beginning of period (in shares)			1,327,071
Granted (in shares)	0		588,148
Settled (in shares)			(632,846)
Cancelled / Forfeited (in shares)			(51,162)
Outstanding, end of period (in shares)	1,231,211		1,231,211
Vested and expected to vest (in shares)	1,077,657		1,077,657
Restricted stock units activity, additional disclosures
Weighted average grant date fair value, beginning of period (in dollars per share)			$ 12.73
Weighted average grant date fair value, granted (in dollars per share)		$ 16.53	23.40	$ 15.52
Weighted grant date fair value, settled (in dollars per share)			13.96
Weighted average grant date fair value, cancelled/forfeited (in dollars per share)			14.84
Weighted average grant date fair value, outstanding, end of period (in dollars per share)	$ 17.10		$ 17.10
Weighted average grant date fair value, vested and expected to vest (in dollars per share)			17.07
Total fair value of shares vested from RSU grants	$ 4,000	$ 4,000	$ 17,100	$ 9,500
Stock-based compensation, additional disclosures
Total unrecognized compensation cost	$ 18,400		$ 18,400
Total unrecognized compensation cost, period of recognition			2 years 8 months 12 days
Payments related to tax withholding			$ 5,800	$ 3,100
Equity compensation plans
Stock-based compensation, additional disclosures
Common stock reserved for future issuance or settlement under equity compensation (in shares)	8,300,000		8,300,000

Stock-Based Compensation (Details 2) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
Recorded as expenses:
Total stock-based compensation	$ 3,527	$ 2,825	$ 11,295	$ 9,604
Cost of services and other
Recorded as expenses:
Total stock-based compensation	325	280	984	897
Selling and marketing
Recorded as expenses:
Total stock-based compensation	994	1,103	2,943	3,502
Research and development
Recorded as expenses:
Total stock-based compensation	770	319	2,253	1,020
General and administrative
Recorded as expenses:
Total stock-based compensation	$ 1,438	$ 1,123	$ 5,115	$ 4,185

- Definition

Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.

+ References + Details

Common Stock (Details) - USD ($) $ in Millions				9 Months Ended	12 Months Ended
Common Stock (Details) - USD ($) $ in Millions	Oct. 24, 2012	Nov. 02, 2011	Oct. 29, 2010	Mar. 31, 2013	Jun. 30, 2012
Common Stock
Approved stock repurchase program, authorized amount	$ 100.0	$ 100.0	$ 40.0
Remaining capacity under the stock repurchase program	$ 41.8			$ 65.3
Repurchase of common stock (in shares)				2,218,349	2,496,595
Repurchase of common stock, amount				$ 59.3	$ 46.1

- Definition

Equity impact of the cost of common and preferred stock that were repurchased during the period. Recorded using the cost method.

+ References + Details

Net Income (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2013	Mar. 31, 2012	Mar. 31, 2013	Mar. 31, 2012
Net Income (Loss) Per Share
Net income (loss)	$ 10,513	$ (520)	$ 24,863	$ (8,420)
Weighted average shares outstanding (in shares)	93,730	93,583	93,556	93,851
Dilutive impact from:
Share-based payment awards (in shares)	1,670	0	1,919	0
Dilutive weighted average shares outstanding (in shares)	95,400	93,583	95,475	93,851
Income (loss) per share
Basic (in dollars per share)	$ 0.11	$ (0.01)	$ 0.27	$ (0.09)
Diluted (in dollars per share)	$ 0.11	$ (0.01)	$ 0.26	$ (0.09)
Employee Equity Awards
Antidilutive Securities Excluded from Computation of Earnings Per Share
Employee equity awards (in shares)	438	6,392	947	6,805

Commitments and Contingencies (Details) $ in Millions	1 Months Ended
Commitments and Contingencies (Details) $ in Millions	Apr. 30, 2004 USD ($)	Mar. 31, 2013 item
Loss Contingencies
Amount of damages sought \| $	$ 5.0
Matters that might have a material adverse effect on financial position, results of operations or cash flows \| item		0

- Definition

The value (monetary amount) of the award the plaintiff seeks in the legal matter.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 9
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14557-108349

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14326-108349

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 4
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 11
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Segment and Geographic Information (Details) $ in Thousands	3 Months Ended		9 Months Ended
Segment and Geographic Information (Details) $ in Thousands	Mar. 31, 2013 USD ($)	Mar. 31, 2012 USD ($)	Mar. 31, 2013 USD ($) segment	Mar. 31, 2012 USD ($)
Segment and Geographic Information
Number of operating segments \| segment			3
Summary of operating segments
Segment revenue	$ 79,357	$ 61,337	$ 228,123	$ 179,117
Segment expenses	23,617	25,105	71,189	75,969
Segment operating profit (loss)	55,740	36,232	156,934	103,148
Reconciliation to income (loss) before income taxes
Cost of subscription and software	(3,229)	(2,717)	(9,519)	(8,063)
Marketing	(22,958)	(24,279)	(67,852)	(70,043)
Research and development	(15,772)	(14,423)	(46,577)	(40,959)
General and administrative	(11,685)	(13,103)	(36,124)	(40,480)
Stock-based compensation	(3,527)	(2,825)	(11,295)	(9,604)
Restructuring charges	41	84	7	143
Other expense, net	(18)	(26)	(352)	(2,483)
Income (loss) before provision for (benefit from) income taxes	17,111	(1,675)	42,341	(10,558)
License
Summary of operating segments
Segment revenue	60,899	42,444	174,436	120,856
Segment expenses	16,031	17,224	48,864	50,639
Segment operating profit (loss)	44,868	25,220	125,572	70,217
SMS, Training and Other
Summary of operating segments
Segment revenue	10,945	12,935	34,274	41,504
Segment expenses	1,597	2,179	5,286	7,385
Segment operating profit (loss)	9,348	10,756	28,988	34,119
Professional Services
Summary of operating segments
Segment revenue	7,513	5,958	19,413	16,757
Segment expenses	5,989	5,702	17,039	17,945
Segment operating profit (loss)	1,524	256	2,374	(1,188)
Unallocated Amount to Segment
Reconciliation to income (loss) before income taxes
Cost of subscription and software	(3,229)	(2,717)	(9,519)	(8,063)
Marketing	(3,896)	(4,011)	(9,896)	(10,326)
Research and development	(13,028)	(12,205)	(38,313)	(34,350)
General and administrative	(9,404)	(11,069)	(28,555)	(33,651)
Information technology and overhead	(6,363)	(6,303)	(19,146)	(18,695)
Stock-based compensation	(3,527)	(2,825)	(11,295)	(9,604)
Restructuring charges	41	84	7	143
Other expense, net	(18)	(26)	(352)	(2,483)
Interest income (net)	$ 795	$ 1,165	$ 2,476	$ 3,323