XML 33 R22.htm IDEA: XBRL DOCUMENT v3.5.0.2
Stock-Based Compensation (Tables)
 9 Months Ended
Jun. 30, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summarized Information about Stock Options

The following table summarizes information about stock options:

 

 

Number of
Options
Outstanding

 

 

Weighted-
Average
Exercise
Price
Per Share

 

  

Weighted-
Average
Remaining
Contractual
Term

 

  

Aggregate
Intrinsic
Value

 

Balance At September 30, 2015

 

5,435,640

 

 

$

6.71

  

  

 

 

 

 

 

 

 

Granted

 

1,387,000

 

 

 

6.12

  

  

 

 

 

 

 

 

 

Cancelled

 

(99,897)

 

 

 

9.86

  

  

 

 

 

 

 

 

 

Exercised

 

(4,687)

 

 

 

5.45

  

  

 

 

 

 

 

 

 

Balance At June 30, 2016

 

6,718,056

  

 

$

6.54

  

  

 

7.6 years

 

 

$

4,073,899

 

Exercisable At June 30, 2016

 

3,563,564

 

 

$

6.16

 

 

 

6.6 years

 

 

$

3,304,194

 

 
Assumptions Used to Value Stock Options

The assumptions used to value stock options are as follows:

 

 

 

Nine months ended June 30,

 

 

2016

 

2015

Dividend yield

 

—

 

—

Risk-free interest rate

 

1.42 – 1.89%

 

1.46 – 1.88%

Volatility

 

89%

 

75%

Expected life (in years)

 

6.25

 

6 - 6.25

Weighted average grant date fair value per share of options granted

 

$4.59

 

$4.25

 
Summary of Share Activity Related to Restricted Stock Units

The following table summarizes the activity of the Company’s Restricted Stock Units:

 

 

Number of
RSUs

 

 

Weighted-
Average
Grant
Date
Fair Value

 

Unvested at September 30, 2015

 

934,167

  

 

$

9.18

 

Granted

 

838,517

 

 

 

6.15

 

Vested

 

(402,684

) 

 

 

10.95

 

Forfeited

 

—

 

 

 

—

 

Unvested at June 30, 2016

 

1,370,000

 

 

$

6.80