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Share Repurchase Program
12 Months Ended
Sep. 30, 2011
Shareholders' Equity/Share Repurchase Program [Abstract]  
Share Repurchase Program

14. Share Repurchase Program

On March 3, 2009, the Company announced its intention to repurchase some of its outstanding common shares pursuant to its previously authorized share repurchase program. Up to 2,000,000 shares may be repurchased from time to time on the open market, or pursuant to negotiated or block transactions, in accordance with applicable Securities and Exchange Commission regulations. During the three months ended September 30, 2011, the Company repurchased 156,834 shares. During fiscal 2011, the Company repurchased 284,585 shares of common stock pursuant to this program at an average price of $8.83 per share. Total cash consideration for the repurchased shares was approximately $2,500,000. As of September 30, 2011, there remained 1,429,847 shares that may be purchased under the program.