Common Stock and Stock Compensation (Tables)

12 Months Ended

Sep. 30, 2021

Share-based Payment Arrangement [Abstract]

Compensation Costs Included in Net Income

The following table presents amounts related to our stock compensation arrangements:

	Fiscal Year Ended September 30,
(in thousands)	2021		2020		2019
Share-based compensation costs	$	3,946	$	(5,094)	$	9,751
Income tax expense (benefit) on share-based compensation	561		420		(1,098)

Summary of Restricted Stock Award Activity

The following table presents a summary of stock compensation activity:

	Shares	Weighted Average Grant Date Fair Value
Outstanding as of September 30, 2020	1,108,920	$	5.65
Granted	1,811,708	4.92
Released (a)	(675,475)	7.59
Cancelled	(26,376)	6.20
Outstanding as of September 30, 2021	2,218,777	$	4.86

(a) 168,653 shares were withheld to satisfy related income tax withholding.

The following table presents a summary of the fair value of shares granted:

	Fiscal Year Ended September 30,
(in millions except per share amounts)	2021		2020		2019
Weighted average grant date fair value per share granted (a)	$	4.92	$	5.73	$	9.29
Total market value of shares released	$	3.4	$	5.1	$	11.8

(a) Awards with performance and time-based vesting provisions are generally valued based upon the underlying share price as of the issuance date.