XML 42 R32.htm IDEA: XBRL DOCUMENT v3.19.2
Stock-Based Compensation (Tables)
9 Months Ended
Jun. 30, 2019
Stock-Based Compensation  
Summary of activity under the restricted stock plan

 

 

 

 

 

 

 

 

    

 

    

Weighted

 

 

 

 

 

Average Fair

 

 

 

Number of

 

Value At

 

 

 

Shares

 

Grant Date

 

Unvested at September 30, 2018

 

81,993

 

$

37.28

 

Granted

 

27,938

 

$

34.02

 

Forfeited / Canceled

 

(19,794)

 

$

37.43

 

Vested

 

(28,449)

 

$

39.02

 

Unvested at June 30, 2019

 

61,688

 

$

34.96

 

Expected to vest

 

61,688

 

$

34.96

 

 

Summary of activity under the deferred restricted stock plan

 

 

 

 

 

 

 

 

    

 

    

Weighted

 

 

 

 

 

Average Fair

 

 

 

Number of

 

Value At

 

 

 

Shares

 

Grant Date

 

Unvested and deferred at September 30, 2018

 

16,550

 

$

31.76

 

Granted

 

12,500

 

$

33.98

 

Vested and deferred

 

(16,550)

 

 

31.76

 

Unvested and deferred at June 30, 2019

 

12,500

 

$

33.98

 

Vested and deferred at June 30, 2019

 

16,550

 

$

31.76

 

 

Summary of activity under the 2016 Incentive Compensation Plan with respect to performance shares

 

 

 

 

 

 

 

 

    

 

    

Weighted

 

 

 

 

 

Average Fair

 

 

 

Number of

 

Value At

 

 

 

Shares

 

Grant Date

 

Unvested at September 30, 2018

 

30,344

 

$

49.32

 

Granted

 

24,282

 

$

44.93

 

Forfeited / Canceled

 

(1,080)

 

$

43.70

 

Unvested at June 30, 2019

 

53,546

 

$

47.44

 

 

Schedule of fair value assumptions used for grants under the stock option plan

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Fair

    

Dividend

    

Risk-free

    

Expected

    

Expected

 

Grant Date

 

Value

 

Yield

 

Interest Rate

 

Volatility

 

Life

 

May 24, 2019 (1)

 

$

8.75

 

2.88

%  

2.11

%  

40

%  

 5

years

 

May 24, 2019 (1)

 

$

7.94

 

2.88

%  

2.11

%  

40

%  

 5

years

 

May 24, 2019 (1)

 

$

7.23

 

2.88

%  

2.11

%  

40

%  

 5

years

 

February 25, 2019

 

$

10.86

 

2.52

%  

2.47

%  

41

%  

 5

years

 

November 21, 2018

 

$

10.61

 

2.59

%  

2.88

%  

41

%  

 5

years

 

September 17, 2018

 

$

11.03

 

2.55

%  

2.89

%  

40

%  

 5

years

 

June 1, 2018

 

$

13.92

 

2.07

%  

2.68

%  

41

%  

 5

years

 

November 21, 2017

 

$

9.74

 

2.77

%  

2.06

%  

42

%  

 5

years

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


(1)    On May 24, 2019, The Company granted stock options to certain key employees. Each grant period with three different strike prices for a determined quantity of options and, therefore resulted in different fair values within each grant.

 

Summary of activity under the stock option plans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

 

 

    

 

 

    

Weighted

 

 

 

 

 

Aggregate

 

Weighted

 

Average

 

 

 

 

 

Intrinsic

 

Average

 

Remaining

 

 

 

Number of

 

Value

 

Exercise

 

Contractual

 

 

 

Shares

 

(000s)

 

Prices

 

Life

 

Outstanding at September 30, 2018

 

410,675

 

 

 

 

$

42.72

 

 

 

 

Granted

 

235,483

 

 

 

 

$

33.86

 

 

 

 

Exercised

 

(12,084)

 

 

 

 

$

17.82

 

 

 

 

Canceled

 

(134,183)

 

 

 

 

$

45.80

 

 

 

 

Outstanding at June 30, 2019

 

499,891

 

$

62

 

$

38.32

 

7.62

yrs.

 

Vested or expected to vest

 

455,889

 

$

56

 

$

38.25

 

4.56

yrs.

 

Exercisable at June 30, 2019

 

230,540

 

$

 1

 

$

43.43

 

5.34

yrs.