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Stock Compensation (Tables)
9 Months Ended
Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]
A summary of warrants outstanding as of June 30, 2014 and related activity during the nine months then ended, under HGI's incentive plan are as follows (share amounts in thousands):
 
 
HGI
Warrants
 
Units
 
Weighted Average Exercise Price
 
Weighted
Average Grant
Date Fair Value
Warrants outstanding at September 30, 2013
 

 
$

 
$

Granted
 
3,000

 
13.25

 
3.19

Warrants outstanding at June 30, 2014
 
3,000

 
13.25

 
3.19

Warrants vested and exercisable at June 30, 2014
 
600

 
13.25

 
3.19

Warrants outstanding and expected to vest
 
2,400

 
13.25

 
3.19

Summary of Stock Options Outstanding and Related Activity
A summary of stock options outstanding as of June 30, 2014 and related activity during the nine months then ended, under HGI, Fidelity & Guaranty Life Holdings, Inc. ("FGH"), and FGL’s respective incentive plans are as follows (share amounts in thousands):
 
 
HGI
 
FGH
 
FGL
Stock Option Awards
 
Options
 
Weighted Average Exercise Price
 
Weighted
Average Grant
Date Fair Value
 
Options
 
Weighted Average Exercise Price
 
Options
 
Weighted Average Exercise Price
 
Weighted
Average Grant
Date Fair Value
Stock options outstanding at September 30, 2013
 
3,954

 
$
6.52

 
$
2.55

 
335

 
$
44.23

 

 
$

 
$

Granted
 
1,356

 
11.75

 
4.91

 

 

 
249

 
17.00

 
3.76

Exercised
 
(497
)
 
4.96

 
1.77

 
(41
)
 
41.23

 

 

 

Forfeited or expired
 
(70
)
 
8.82

 
3.66

 
(3
)
 
47.06

 
(4
)
 
17.00

 
5.26

Stock options outstanding at June 30, 2014
 
4,743

 
8.15

 
3.29

 
291

 
44.62

 
245

 
17.00

 
3.73

Stock options vested and exercisable at June 30, 2014
 
1,429

 
7.46

 
2.96

 
132

 
42.33

 

 

 

Stock options outstanding and expected to vest
 
3,314

 
8.45

 
3.43

 
152

 
44.57

 
241

 
17.00

 
3.70

Summary of Restricted Stock and Restricted Stock Units Outstanding and Related Activity
A summary of restricted stock, restricted stock units and Performance Restricted Stock Units ("PRSUs") outstanding as of June 30, 2014 and related activity during the nine months then ended, under HGI, Spectrum Brands, FGH and FGL’s respective incentive plans are as follows (share amounts in thousands):
 
 
HGI
 
FGL
Restricted Stock Awards
 
Shares
 
Weighted
Average Grant
Date Fair Value
 
Shares
 
Weighted
Average Grant
Date Fair Value
Restricted stock outstanding at September 30, 2013
 
3,456

 
$
7.72

 

 
$

Granted
 
3,313

 
12.00

 
171

 
18.11

Vested
 
(1,126
)
 
10.15

 

 

Forfeited
 
(62
)
 
10.04

 
(5
)
 
19.98

Restricted stock outstanding at June 30, 2014
 
5,581

 
9.74

 
166

 
18.06

Restricted stock outstanding and expected to vest
 
5,553

 
9.74

 
162

 
18.00

 
 
HGI
 
Spectrum Brands
 
FGH
Restricted Stock Units
 
Units
 
Weighted
Average Grant
Date Fair Value
 
Units
 
Weighted
Average Grant
Date Fair Value
 
Units
 
Weighted
Average Grant
Date Fair Value
Restricted stock units outstanding at September 30, 2013
 
22

 
$
4.61

 
1,118

 
$
39.11

 
46

 
$
49.60

Granted
 
7

 
11.84

 
442

 
69.21

 

 

Exercised / Released
 
(22
)
 
4.61

 
(949
)
 
39.65

 
(18
)
 
49.53

Forfeited
 

 

 

 

 
(1
)
 
49.45

Restricted stock units outstanding at June 30, 2014
 
7

 
11.84

 
611

 
60.04

 
27

 
49.55

Restricted stock units outstanding and expected to vest
 
7

 
11.84

 
611

 
60.04

 
25

 
49.55


 
 
FGL
Performance Restricted Stock Units
 
Units
 
Weighted
Average Grant
Date Fair Value
Performance restricted stock units outstanding at September 30, 2013
 

 
$

Granted
 
541

 
17.37

Performance restricted stock units outstanding at June 30, 2014
 
541

 
17.37

Performance restricted stock units expected to vest
 
541

 
17.37

Assumptions Used in Determination of Grant Date Fair Values Using Black-Scholes Option Pricing Model
The following assumptions were used in the determination of these grant date fair values for options awarded using the Black-Scholes option pricing model:
 
2014
 
2013
Risk-free interest rate
1.46% to 1.75%
 
0.85%
Assumed dividend yield
—%
 
—%
Expected option term
5.3 to 6.0 years
 
5.3 to 6.0 years
Volatility
41.2%
 
42.8% to 44.0%

The following assumptions were used in the determination of these grant date fair values for warrants awarded using the Black-Scholes option pricing model:
 
2014
Risk-free interest rate
0.53% to 1.27%
Assumed dividend yield
—%
Expected option term
2.4 to 4.3 years
Volatility
40.3% to 43.6%