Annual report pursuant to Section 13 and 15(d)

Equity And Share-Based Payments (Tables)

v3.6.0.2
Equity And Share-Based Payments (Tables)
12 Months Ended
Sep. 30, 2016
Equity And Share-Based Payments [Abstract]  
Weighted Average Assumptions For Options Granted



 



 

Expected Volatility

43.19% 

Expected Dividend Yield

0.00% 

Risk-free Interest Rate

1.53% 

Expected Term (in years)

Fair Value of Options Granted

$                     0.78



Summary Of Stock Options Outstanding And Exercisable



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



 

 

Weighted Average

 

 

 

   

 

 

 

 

Remaining

 

Aggregate



 

 

Exercise Price

Contractual Term

 

Intrinsic



Shares

 

Per Share

(years)

 

Value

Outstanding at September 30, 2013

240,000 

 

$

2.64 

 

 

 

 

Granted

 —

 

 

 —

 

 

 

 

Exercised

(60,000)

 

 

2.79 

 

 

 

 

Forfeited

 —

 

 

 —

 

 

 

 

Outstanding at September 30, 2014

180,000 

 

$

2.60 

 

 

 

 

Granted

 —

 

 

 —

 

 

 

 

Exercised

 —

 

 

 —

 

 

 

 

Forfeited

 —

 

 

 —

 

 

 

 

Outstanding at September 30, 2015

180,000 

 

$

2.60 

 

 

 

 

Granted

17,500 

 

 

1.82 

 

 

 

 

Exercised

 —

 

 

 —

 

 

 

 

Forfeited

 —

 

 

 —

 

 

 

 

Outstanding at September 30, 2016

197,500 

 

$

2.53  2.06 

 

$

 —

Exercisable on September 30, 2016

180,000 

 

$

2.60  1.34 

 

$

 —



Summary Of Non-Vested Stock Activity



 

 

 

 

 

 



 

 

 

 

 

 



 

 

Weighted Average

 

 



 

 

Grant -Date

 

 



Shares

 

Fair Value

 

Vesting Period

Total Outstanding September 30, 2013

33,502 

 

$

6.80 

 

 

Stock Granted

213,576 

 

 

7.80 

 

September 2014 - December 2016

Vested

(105,393)

 

 

8.15 

 

 

Forfeited

(250)

 

 

9.68 

 

 

Total Outstanding September 30, 2014

141,435 

 

$

7.30 

 

 

Stock Granted

293,500 

 

 

1.70 

 

September 2015 - August 2018

Vested

(92,963)

 

 

4.70 

 

 

Forfeited

(58,250)

 

 

7.36 

 

 

Total Outstanding September 30, 2015

283,722 

 

$

2.31 

 

 

Stock Granted

101,250 

 

 

1.52 

 

September 2016 - January 2019

Vested

(167,336)

 

 

2.73 

 

 

Forfeited

 —

 

 

 —

 

 

Cash Election

(27,666)

 

 

1.58 

 

 

Total Outstanding September 30, 2016

189,970 

 

$

1.51