Commitments and Contingencies

12 Months Ended

Sep. 30, 2014

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Commitments and Contingencies

Leases

The Company occupies office space under lease agreements expiring at various dates during the next five years. The leases are classified as operating leases and provide for the payment of real estate taxes, insurance, utilities and maintenance.

The Company was obligated under non-cancelable operating leases as follows:

Fiscal year ending September 30:	(Amounts in thousands)
2015	$	777
2016	458
2017	308
2018	228
2019	225
	$	1,996

Occupancy expenses under the operating leases approximated $1.3 million in 2014 and $1.0 million in 2013.

Common Stock Repurchase

From time to time the Company's Board of Directors passes resolutions to authorize the Company to purchase shares of its outstanding common stock. The Company did not repurchase any shares during the years ended September 30, 2014 and 2013. As of September 30, 2014 the Company is authorized to repurchase an additional 201 thousand shares pursuant to such resolutions.