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Stock-based Compensation (Tables)
6 Months Ended
Mar. 31, 2020
Share-based Payment Arrangement [Abstract]  
Summary of stock-based compensation expense
Following is a summary of stock-based compensation expense related to stock options and restricted stock awards for the three and six months ended March 31, 2020 and March 31, 2019, respectively.
 
Three Months Ended
 
Six Months Ended
 
March 31,
 
March 31,
in thousands
2020
 
2019
 
2020
 
2019
Stock-based compensation expense
$
899

 
$
2,180

 
$
3,210

 
$
4,294

Schedule of stock options outstanding
Following is a summary of stock option activity for the six months ended March 31, 2020:
 
Six Months Ended
 
March 31, 2020
 
Shares
 
Weighted Average
Exercise Price
Outstanding at beginning of period
523,754

 
$
14.34

Granted
950

 
10.67

Exercised
(126,492
)
 
11.05

Cancelled
(2,350
)
 
9.70

Outstanding at end of period
395,862

 
$
15.42

Exercisable at end of period
363,556

 
$
15.65

Vested or expected to vest in the future
394,502

 
$
15.43

Schedule of nonvested stock awards activity
Following is a summary of restricted stock activity for the six months ended March 31, 2020:
 
Six Months Ended March 31, 2020
 
Performance-Based Restricted Shares
 
Time-Based Restricted Shares
 
Total Restricted Shares
Beginning of period
778,814

 
611,607

 
1,390,421

Granted
260,131

 
320,236

 
580,367

Vested
(242,921
)
 
(291,846
)
 
(534,767
)
Forfeited

 
(11,448
)
 
(11,448
)
End of period
796,024

 
628,549

 
1,424,573