XML 65 R52.htm IDEA: XBRL DOCUMENT v3.3.0.814
EQUITY BASED COMPENSATION (Tables)
12 Months Ended
Sep. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Options Activity
The following is a rollforward of stock options for fiscal year 2015 (shares in thousands, exercise price and remaining contractual term represent weighted averages and aggregate intrinsic values in millions):
 
 
Shares
 
Exercise
Price
 
Remaining
Contractual
Life (years)
 
Aggregate
Intrinsic
Value
Outstanding — beginning of year
650

 
$
10.32

 
 
 
 
Cancelled or expired

 

 
 
 
 
Outstanding — end of year
650

 
$
10.32

 
2.0
 
Exercisable — end of year
533

 
$
10.79

 
1.7
 
Shares Authorized under Stock Option Plans, by Exercise Price Range
The following table provides additional information about outstanding stock options at September 30, 2015 (shares in thousands, exercise price represents a weighted average):
 
 
Outstanding
 
Exercisable
 
Shares
 
Remaining
Contractual
Life (years)
 
Exercise
Price
 
Shares
 
Exercise
Price
$8.00 to $12.00
350

 
3.0
 
$
8.22

 
233

 
$
8.22

$12.01 to $16.00
300

 
0.8
 
12.78

 
300

 
12.78

Total
650

 
 
 
 
 
533

 
 
Stock Options Valuation Assumptions
The fair value of each option was estimated using the following assumptions:
 
2013
Risk-free interest rate

1.7
%
Expected dividend yield

%
Expected volatility

60.4
%
Expected life (years)

5.0

Schedule of Other Share-based Compensation, Activity
The following is a rollforward of the company’s non-vested restricted stock and restricted share units as of September 30, 2015, and the activity during fiscal year 2015 is summarized as follows (shares in thousands):
Non-vested Shares
Number of
Shares
 
Weighted-Average
Grant-Date Fair
Value
Non-vested - beginning of year
2,038

 
$
7.16

Granted
528

 
13.91

Vested
(1,064
)
 
6.27

Forfeited
(55
)
 
5.23

Non-vested - end of year
1,447

 
8.23

The following is a rollforward of the company’s non-vested performance share units as of September 30, 2015, and the activity during fiscal year 2015 is summarized as follows (shares in thousands):
Non-vested Shares
Number of
Shares
 
Weighted-Average
Grant-Date Fair
Value
Non-vested - beginning of year
1,635

 
$
8.27

Granted
749

 
13.76

Vested

 

Forfeited
(74
)
 
9.56

Non-vested - end of year
2,310

 
10.01