Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.8.0.1
Stockholders' Equity (Tables)
6 Months Ended
Mar. 31, 2018
Equity [Abstract]  
Schedule of stock options using valuation assumptions
The expected term of options granted is derived from the output of the option valuation model and represents the period of time that options granted are expected to be outstanding; the range given below results from different time-frames for the various market conditions being met.

Expected Volatility
32.19
%
Expected Term (in years)
2.6 - 4.0

Risk Free Rate
24.5
%
Schedule of treasury stock purchases and issuances
The following table illustrates the Company’s treasury stock activity for the six months ended March 31, 2018:

(in thousands, except share amounts)
 
 
 
 
Shares
 
Cost
Balance as of September 30, 2017
177,315

 
$
6,502

Purchased
7,525

 
206

Issued to employees and directors
(17,144
)
 
(500
)
 
 
 
 
Balance as of March 31, 2018
167,696

 
$
6,208