Common Stock and Stock Compensation (Tables)

12 Months Ended

Sep. 30, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Compensation Costs Included in Net Income

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

	Fiscal Year Ended September 30,
(in thousands)	2023		2022		2021
Share-based compensation costs	$	9,539	$	5,053	$	3,946
Income tax (benefit) expense on share-based compensation	(1,125)		(557)		561

Schedule 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, 2022	2,113,323	$	5.88
Granted	1,010,750	7.82
Released (a)	(490,145)	4.94
Cancelled	(78,029)	6.70
Outstanding as of September 30, 2023	2,555,899	$	6.80

(a) 118,011 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)	2023		2022		2021
Weighted average grant date fair value per share granted (a)	$	7.82	$	7.24	$	4.92
Total market value of shares released	$	4.7	$	3.7	$	3.4

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