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Share-Based Payments
3 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-Based Payments
Share-Based Payments
We maintain the 2012 Long-Term Incentive Plan (the “2012 Plan”) under which we could grant equity awards, including stock options, stock appreciation rights, restricted stock awards, stock unit awards and other stock-based awards. All employees, consultants and advisors of FICO or any subsidiary, as well as all non-employee directors are eligible to receive awards under the 2012 Plan. We also have one other long-term incentive plan under which awards are currently outstanding: the 1992 Long-term Incentive Plan, which was adopted in February 1992 and expired in February 2012. Stock option awards have a maximum term of seven years. Stock option awards and restricted stock unit awards not subject to market conditions vest ratably over three or four years. Restricted stock unit awards subject to market conditions vest annually over a period of three years based on achievement of specified criteria.
Stock Options
The following table summarizes option activity during the quarter ended December 31, 2015:
 
 
Shares
 
Weighted-average Exercise Price
 
Weighted-average Remaining Contractual Term
 
Aggregate Intrinsic Value
 
 
(In thousands)
 
 
 
(In years)
 
(In thousands)
Outstanding at October 1, 2015
 
2,024

 
$
46.94

 
 
 
 
       Granted
 
15

 
92.71

 
 
 
 
       Exercised
 
(41
)
 
29.02

 
 
 
 
       Forfeited
 
(4
)
 
41.15

 
 
 
 
Outstanding at December 31, 2015
 
1,994

 
$
47.66

 
4.11
 
$
92,742

Exercisable at December 31, 2015
 
1,266

 
$
39.90

 
3.55
 
$
68,710

Vested and expected to vest at December 31, 2015
 
1,931

 
$
47.09

 
4.08
 
$
90,928


Restricted Stock Units
The following table summarizes restricted stock unit activity during the quarter ended December 31, 2015:
 
 
Shares
 
Weighted- average Grant-date Fair Value
 
 
(In thousands)
 
 
Outstanding at October 1, 2015
 
1,319

 
$
58.51

       Granted
 
387

 
91.72

       Released
 
(374
)
 
51.50

       Forfeited
 
(82
)
 
63.67

Outstanding at December 31, 2015
 
1,250

 
$
70.54


Performance Share Units
The following table summarizes performance share unit activity during the quarter ended December 31, 2015:
 
 
Shares
 
Weighted- average Grant-date Fair Value
 
 
(In thousands)
 
 
Outstanding at October 1, 2015
 
281

 
$
53.70

       Granted
 
91

 
85.61

       Released
 
(156
)
 
49.36

       Forfeited
 
(28
)
 
71.86

Outstanding at December 31, 2015
 
188

 
$
70.03



Market Share Units
The following table summarizes market share unit activity during the quarter ended December 31, 2015:
 
 
Shares
 
Weighted- average Grant-date Fair Value
 
 
(In thousands)
 
 
Outstanding at October 1, 2015
 
129

 
$
88.65

       Granted
 
114

 
100.63

       Released
 
(101
)
 
85.65

Outstanding at December 31, 2015
 
142

 
$
100.40