XML 45 R32.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stockholders’ Equity (Tables)
3 Months Ended
Dec. 31, 2018
Stockholders’ Equity  
Summary of assumptions used for the valuation of the RSUs with performance and market-based vesting that were granted

 

 

 

 

 

 

 

 

 

 

 

    

 

RSU's granted during the three

 

 

 

 

months ended December 31, 2018

 

 

 

 

 

 

Date of grant

 

 

November 21, 2018

 

Closing average share value (mean)

 

$

68.56

 

Performance period begins

 

 

October 1, 2018

 

Performance period ends

 

 

September 30, 2021

 

Risk-free interest rate

 

 

2.8%

 

Expected volatility

 

 

34%

 

 

Summary of RSU activity

 

 

 

 

 

 

 

 

 

 

 

Unvested Restricted Stock Units

 

 

    

 

    

Weighted-Average

 

 

 

Number of Shares

 

Grant-Date Fair Value

 

Unvested at September 30, 2018

 

366,460

 

$

52.31

 

Granted

 

195,033

 

 

64.33

 

Vested

 

(128,949)

 

 

50.61

 

Forfeited

 

(15,391)

 

 

50.04

 

Unvested at December 31, 2018

 

417,153

 

$

58.54

 

 

 

 

 

 

 

 

 

 

 

Unvested Restricted Stock Units with Performance Based Vesting

 

 

    

 

    

Weighted-Average

 

 

 

Number of Shares

 

Grant-Date Fair Value

 

Unvested at September 30, 2018

 

635,628

 

$

50.11

 

Granted

 

 —

 

 

 —

 

Vested

 

 —

 

 

 —

 

Forfeited

 

(295,759)

 

 

43.86

 

Unvested at December 31, 2018

 

339,869

 

$

55.54

 

 

 

 

 

 

 

 

 

 

 

Unvested Restricted Stock Units with Performance and Market Based Vesting

 

 

    

 

    

Weighted-Average

 

 

 

Number of Shares

 

Grant-Date Fair Value

 

Unvested at September 30, 2018

 

 —

 

$

 —

 

Granted

 

219,890

 

 

67.40

 

Vested

 

 —

 

 

 —

 

Forfeited

 

 —

 

 

 —

 

Unvested at December 31, 2018

 

219,890

 

$

67.40

 

 

Schedule of stock-based compensation expense related to stock-based awards

We recorded non-cash compensation expense related to stock-based awards as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

December 31,

 

 

 

2018

 

2017

 

Cost of sales

 

$

313

    

$

156

 

Selling, general and administrative

 

 

2,407

 

 

1,471

 

 

 

$

2,720

 

$

1,627