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3. SHAREHOLDERS' EQUITY
9 Months Ended
Jun. 30, 2017
Stockholders' Equity Note [Abstract]  
SHAREHOLDERS' EQUITY

Stock Repurchase

 

     In September 2002 and January 2004, the Board authorized the repurchase of up to an aggregate of 486,200 shares of outstanding common stock. Under those authorizations, through June 30, 2017, the Company repurchased an aggregate of 224,690 shares at a cost of approximately $487,000. During the nine months ended June 30, 2017, the Company did not repurchase or retire any shares of its outstanding restricted common stock.