XML 26 R22.htm IDEA: XBRL DOCUMENT

Stockholders' Equity (Tables)

6 Months Ended

Mar. 31, 2020

Schedule of Stock-Based Compensation Expense Related to Stock Options and RSUs

The following table summarizes stock-based compensation expense related to RSUs, stock options, and ESPP shares, which was allocated as follows (amounts shown in thousands):


	Three Months Ended March 31,						Six Months Ended March 31,
	2020		2019		2020		2019
Cost of revenue	$	65	$	56	$	126	$	100
Selling and marketing	703		746		1,371		1,537
Research and development	571		567		1,149		1,001
General and administrative	969		984		1,965		2,385
Stock-based compensation expense included in expenses	$	2,308	$	2,353	$	4,611	$	5,023

Schedule of Fair Value Calculations for Stock-Based Compensation Awards

The fair value calculations for stock-based compensation awards to employees for the six months ended March 31, 2020 and 2019 were based on the following assumptions:


	Six Months Ended March 31, 2020	Six Months Ended March 31, 2019
Risk-free interest rate	1.35%	2.88% – 3.08%
Expected life (years)	5.78	5.46
Expected volatility	48%	57%
Expected dividends	None	None

Schedule of Stock Option Activity

The following table summarizes stock option activity under the Company’s equity plans during the six months ended March 31, 2020:


	Number of Shares	Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term (in Years)	Aggregate Intrinsic Value (in thousands)
Outstanding at September 30, 2019	1,686,902	$	7.00	5.4	$	4,882
Granted	92,610	$	9.49
Exercised	(184,849)	$	3.49
Canceled	(16,146)	$	10.40
Outstanding at March 31, 2020	1,578,517	$	7.52	5.3	$	2,557
Vested and Expected to Vest at March 31, 2020	1,578,517	$	7.52	5.3	$	2,557
Exercisable at March 31, 2020	1,124,765	$	6.76	3.9	$	2,545

Schedule of RSU Activity

The following table summarizes RSU activity under the Company’s equity plans during the six months ended March 31, 2020:


	Number of Shares	Weighted-Average Fair Market Value Per Share
Outstanding at September 30, 2019	2,352,487	$	8.26
Granted	1,317,057	$	7.16
Settled	(585,782)	$	7.57
Canceled	(204,189)	$	8.41
Outstanding at March 31, 2020	2,879,573	$	7.89

Schedule of Performance RSU Activity

Performance Restricted Stock Units

The following table summarizes Performance RSU activity under the Company’s equity plans during the six months ended March 31, 2020:


	Number of Shares	Weighted-Average Fair Market Value Per Share
Outstanding at September 30, 2019	1,722,551	$	7.76
Granted	353,556	$	6.06
Settled	—	$	—
Canceled	(1,722,551)	$	7.76
Outstanding at March 31, 2020	353,556	$	6.06