Stock-Based Compensation (Tables)

12 Months Ended

Sep. 30, 2012

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Restricted stock transactions and outstanding

Restricted stock transactions and outstanding are summarized as follows:

	Years Ended September 30,
	2012				2011				2010
	Awards		Weighted Average Grant Date Fair Value		Awards		Weighted Average Grant Date Fair Value		Awards		Weighted Average Grant Date Fair Value
Beginning Outstanding	120,970		$	9.42	128,751		$	6.34	122,875		$	5.85
Awarded	60,600		7.98		35,517		17.28		40,751		8.00
Released	(51,595	)	8.72		(43,298	)	6.78		(33,625	)	6.46
Forfeited	(2,000	)	7.22		—		—		(1,250	)	8.20
Ending Outstanding	127,975		$	9.06	120,970		$	9.42	128,751		$	6.34

Stock-based compensation plans

Stock-based compensation expense for the fiscal years ended September 30, 2012, 2011 and 2010 reduced the Company’s results of operations as follows:

	Years Ended September 30,
	2012			2011			2010
	(dollars in thousands, except per share amounts)
Effect on income before income taxes (1)	$	(1,763	)	$	(1,470	)	$	(987	)
Effect on income taxes	$	255		$	495		$	429
Effect on net income	$	(1,508	)	$	(975	)	$	(558	)

Stock-based compensation plans are summarized in the table below:

Name of Plan	Shares Authorized	Shares Available	Options Outstanding	Plan Expiration
2007 Employee Stock Incentive Plan	1,400,000	352,878	688,668	Apr. 2017
1998 Employee Stock Option Plan	500,000	—	79,772	Jan. 2008
Non-Employee Directors Stock Option Plan	350,000	90,600	122,853	Jul. 2015
		443,478	891,293

Stock option transactions and the options outstanding

Stock option transactions and the options outstanding are summarized as follows:

	Years Ended September 30,
	2012					2011					2010
	Options			Weighted Average Exercise Price		Options			Weighted Average Exercise Price		Options			Weighted Average Exercise Price
Outstanding at beginning of period	611,384			$	10.02	636,283			$	7.59	691,403			$	7.03
Granted	285,400			7.98		155,233			16.89		165,499			8.05
Exercised	(600		)	5.33		(178,882		)	7.35		(214,094		)	6.19
Forfeited/canceled	(4,891		)	9.50		(1,250		)	6.94		(6,525		)	5.70
Outstanding at end of period	891,293			9.37		611,384			$	10.02	636,283			$	7.59
Exercisable at end of period	400,638			$	9.25	232,018			$	8.31	259,595			$	7.97
Weighted average grant-date fair value of options granted during the period	$	4.95				$	10.57				$	4.98

Stock options outstanding and exercisable

The following tables summarize information for stock options outstanding and exercisable as of September 30, 2012:

	Options Outstanding
Range of Exercise Prices	Number Outstanding	Remaining Contractual Life	Average Exercise Price		Aggregate Intrinsic Value
		(in years)			(in thousands)
3.01 - 7.00	273,353	6.2	$	5.06	$	—
7.01 - 10.00	314,400	8.7	7.97		—
10.01 - 15.00	158,387	6.6	12.32		—
15.01 - 23.00	145,153	8.1	17.33		—
	891,293	7.5	$	9.37	$	—
Vested and expected  to vest as of September 30, 2012	879,805	7.4	$	9.38	$	—

	Options Exercisable
Range of Exercise Prices	Number Exercisable	Weighted Average Exercise Price		Aggregate Intrinsic Value
				(in thousands)
3.01 - 7.00	191,162	$	5.09	$	—
7.01 - 10.00	31,000	7.84		—
10.01 - 15.00	130,161	12.68		—
15.01 - 23.00	48,315	17.33		—
	400,638	$	9.25	$	—