STOCK OPTIONS AND OTHER EQUITY AWARDS

6 Months Ended

Mar. 31, 2016

Equity [Abstract]

Stock Options and Other Equity Awards

STOCK OPTIONS AND OTHER EQUITY AWARDS

As of March 31, 2016, the Company had no outstanding options to purchase shares of common stock, as all previously issued options were exercised or expired prior to September 30, 2015.

During the six months ended March 31, 2015, the Company received proceeds of $9 related to the exercise of stock options. During this same period, the Company recorded a tax benefit of $1and optionees realized an aggregate pre-tax gain of $3 from these stock option exercises.

No options to purchase shares of common stock for the three and six months ended March 31, 2015 were excluded from the computation of diluted earnings per share because none of the stock options were anti-dilutive.

On January 28, 2013, stockholders approved the Nutraceutical International Corporation 2013 Long-Term Equity Incentive Plan (the "2013 Plan") and the reservation of 800,000 shares of the Company's common stock for issuance under the 2013 Plan. Equity awards available under the 2013 Plan include stock options, stock appreciation rights and stock awards. In conjunction with the Company's fiscal 2015 and fiscal 2014 incentive compensation (bonus) payments, 22,664 and 24,827 shares of the Company's common stock were issued, respectively. These non-cash stock awards were granted on December 11, 2015 and December 11, 2014 at an aggregate fair value of $556 and $504, respectively, with fair value being determined by the closing price of the Company's common stock on the grant date. These stock awards were registered, unrestricted and fully vested on the grant date. As of March 31, 2016, 720,721 shares of the Company's common stock were available for issuance under the 2013 Plan.