XML 23 R26.htm IDEA: XBRL DOCUMENT v2.4.0.8
SHAREHOLDERS' EQUITY: (Tables)
12 Months Ended
Sep. 30, 2013
Stockholders' Equity Note [Abstract]  
Summary of the activity in various stock option plans
The following table summarizes the activity in DLH's various stock option plans for the years ended September 30, 2013 and 2012:
 
Number of
Shares
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
 
Aggregate
Pretax
Intrinsic
Value
Options outstanding, September 30, 2011
1,537,500

 
$
1.19

 
9.3
 
$
743,745

Granted
275,000

 
1.39

 
 
 
 
Exercised

 

 
 
 
 
Canceled
(450,000
)
 
1.34

 
 
 
 
Options outstanding, September 30, 2012
1,362,500

 
1.19

 
8.6
 
$
140,000

Granted
250,000

 
0.95

 
 
 
 

Exercised

 

 
 
 
 

Canceled

 

 
 
 
 

Options outstanding, September 30, 2013
1,612,500

 
$
1.15

 
7.9
 
$
387,500

Schedule of weighted average assumptions used in the valuation of all option awards
Weighted average assumptions used in the valuation of all option awards were as follows:
 
 
2013
 
2012
Risk free interest rate
 
0.69%
 
0.62%
Contractual lives
 
10 years
 
10 years
Dividend yield
 
—%
 
—%
Expected lives (in years)
 
10 years
 
10 years
Expected volatility
 
70.2%
 
70.3%
Fair Value per Option
 
$0.22
 
$0.17
Summary of activity in restricted stock
A summary of activity in restricted stock is as follows:
 
 
Number Of
Shares
 
Weighted
Average
Grant-Date Fair Value
Restricted stock outstanding, September 30, 2012
 
52,500

 
$2.85
Granted
 
52,500

 
$1.03
Issued
 
(52,500
)
 
$1.03
Canceled
 

 
Restricted stock outstanding, September 30, 2013
 
52,500

 
$2.85