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Stock-Based Compensation (Tables)
3 Months Ended
Dec. 31, 2013
Schedule of Assumptions Used in Estimate of Fair Value of Stock Option Awards

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three-Months Ended

 

December 31,

 

2013

 

2012

Expected term (years)

 

5.8 

-

8.6 

 

 

 

5.8 

-

8.6 

 

Estimated volatility

 

38.5%

 

 

 

48.7%

-

54.9%

 

Estimated dividend yield

 

0.8%

 

 

 

1.0%

 

Risk-free interest rate

 

1.7%

-

2.5%

 

 

 

0.8%

-

1.3%

 

 

Activity for Stock Option Awards

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three-Months Ended

 

 

December 31, 2013

 

 

Number of options

 

Weighted-Average Exercise Price per Share

Options, beginning balance

 

 

4,423 

 

$

25.06 

Options granted

 

 

694 

 

 

40.99 

Options exercised

 

 

(157)

 

 

26.22 

Options forfeited

 

 

(13)

 

 

35.77 

Options, ending balance

 

 

4,947 

 

 

27.23 

 

Stock Options Vested, Or Expected to Vest and Are Exercisable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number

 

Weighted- Average Exercise Price

 

Weighted- Average Remaining Life in Years

 

Aggregate Intrinsic Value

Options outstanding

 

 

4,947 

 

$

27.23 

 

 

6.1 

 

$

90,914 

Options vested and exercisable

 

 

3,176 

 

 

23.04 

 

 

4.6 

 

 

71,670 

Options vested and expected to vest

 

 

4,796 

 

 

26.96 

 

 

6.0 

 

 

89,459 

 

Changes in Restricted Stock Awards

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three-Months Ended

 

 

December 31, 2013

 

 

 

Number

 

 

Fair Value per Share

Beginning balance

 

 

 -

 

$

n/a

Shares granted

 

 

24 

 

 

39.43 

Shares vested

 

 

 -

 

 

n/a

Shares forfeited

 

 

 -

 

 

n/a

Ending balance

 

 

24 

 

 

39.43 

 

Stock Options [Member]
 
Changes in Nonvested Stock Options

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three-Months Ended

 

 

December 31, 2013

 

 

Number of options

 

Weighted-Average Exercise Price per Share

Options, beginning balance

 

 

1,737 

 

$

29.97 

Options granted

 

 

694 

 

 

40.99 

Options vested

 

 

(647)

 

 

28.61 

Options forfeited

 

 

(13)

 

 

35.77 

Options, ending balance

 

 

1,771 

 

 

34.75