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Stock-Based Compensation (Tables)
12 Months Ended
Sep. 30, 2016
2009 Plan [Member]  
Option Activity under Stock-Based Compensation Plan

The following table summarizes option activity under the 2009 Plan:

 

     Number
of Shares
     Average
Exercise Price
Per Share
 

Options outstanding at September 30, 2014

     474,750       $ 5.103   

Options exercised during fiscal 2015

     (28,125    $ 4.839   
  

 

 

    

Options outstanding at September 30, 2015

     446,625       $ 5.120   

Options granted

     75,000       $ 8.760   

Options exercised during fiscal 2016

     (37,875    $ 5.126   
  

 

 

    

Options outstanding at September 30, 2016

     483,750       $ 5.684   
  

 

 

    

1997 Plan [Member]  
Option Activity under Stock-Based Compensation Plan

The following table summarizes option activity under the 1997 Plan:

 


     Number
of Shares
     Exercise Price
Per Share
 

Outstanding at September 30, 2014 and 2015

     41,250       $ 6.213   

Options exercised during fiscal 2016

     (30,000    $ 6.213   

Options expired during fiscal 2016

     (11,250    $ 6.213   
  

 

 

    

Options outstanding at September 30, 2016

     —        
January 19, 2016 Class B Stock Options [Member]  
Fair Value of Stock Options at Time of Grant

The following assumptions were used to determine the fair value of the stock options at time of grant:

 

Risk-free interest rate

   2.5%

Expected life of options

   10.0 years

Dividend yield

   0.0%

Volatility

   29.1%
September 26, 2016 Class B Stock Options [Member]  
Fair Value of Stock Options at Time of Grant

The following assumptions were used to determine the fair value of the stock options at time of grant:

 

Risk-free interest rate

   2.25%

Expected life of options

   10.0 years

Dividend yield

   0.0%

Volatility

   29.2%