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Capital Stock
12 Months Ended
Sep. 30, 2017
Stockholders' Equity Note [Abstract]  
Capital Stock
9.
Capital Stock
 
The 30,468,824 and 30,364,183 common shares as presented in the accompanying Consolidated Balance Sheets at September 30, 2017 and 2016 represent the actual number of shares issued at the respective dates. The Company held 4,635,622 and 4,647,322 common shares in treasury at September 30, 2017 and 2016, respectively.
 
In August 2012, the Company’s Board of Directors authorized a common stock repurchase program under which the Company may repurchase shares of its stock from time to time in its discretion, in the open market or otherwise, up to a maximum total repurchase amount of $100 million (or such lesser amount as may be permitted under the Company’s bank credit agreements). This program has been repeatedly extended by the Company’s Board of Directors and is currently scheduled to expire September 30, 2019. There were no share repurchases in 2017. The Company repurchased approximately 120,000 shares for $4.3 million in 2016 and 517,000 shares for $18.2 million in 2015.