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Repurchase of Common Stock
12 Months Ended
Sep. 30, 2020
Repurchase Of Common Stock [Abstract]  
Repurchase of Common Stock

16.    Repurchase of Common Stock

On February 8, 2011, the Board of Directors authorized the Company to purchase up to 250 thousand shares of the Company's outstanding common stock at market price. The plan does not expire. Pursuant to the aforementioned authorization, the Company repurchased 6.4 thousand shares of its outstanding common stock on the open market during the fiscal year ended September 30, 2020. There were no purchases during the fiscal year ended September 30, 2019. As of September 30, 2020, approximately 194 thousand shares remain authorized to repurchase under the stock repurchase program.

 

As of May 14, 2020, we have suspended our stock repurchase program until further economic clarity.