XML 36 R23.htm IDEA: XBRL DOCUMENT v3.5.0.2
Summary of the Organization, Description of Business and Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Non-Vested Restricted Stock Units Activity

RSU activity for the fiscal years ended September 30, 2016 and 2015, was as follows:

 

     Restricted Stock Unit Activity  
     Years Ended September 30, 2016 and 2015  
            Weighted Avg.  
     Number of Restricted      Fair Value at  
     Share Units      Each Date  

Non-vested Balance at September 30, 2014

     112,963       $ 12.53   

Granted

     182,500       $ 21.12   

Vested (1)

     (50,036    $ 13.83   

Forfeited

     (600    $ 9.01   
  

 

 

    

 

 

 

Non-vested Balance at September 30, 2015

     244,827       $ 18.67   

Granted

     88,200       $ 32.50   

Vested (1)

     (80,051    $ 17.68   

Forfeited

     —         $ —     
  

 

 

    

 

 

 

Non-vested Balance at September 30, 2016

     252,976       $ 24.28   
  

 

 

    

 

 

 

 

(1) The restricted share units vested includes partially vested shares. Shares of common stock have not been issued for the partially vested shares, but the related compensation costs have been charged to expense. There were 60,252 and 27,222 shares of common stock issued for restricted stock units vested in the fiscal years ended September 30, 2016 and 2015, respectively.
Schedule of Non-Vested Restricted Stock Units Compensation

 

Restricted Stock Unit Compensation  

Fiscal Year Ended September 30, 2016

 
     (In thousands)  

Total expected compensation expense related to Restricted Stock Units

   $ 10,608   

Compensation Expense recognized as of September 30, 2016

     (4,466
  

 

 

 

Unrecognized compensation expense related to RSU’s at September 30, 2016

   $ 6,142