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Stock-based Compensation (Tables)
3 Months Ended
Dec. 31, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Stock-Based Compensation Expenses

The Company’s stock-based compensation expenses were allocated to the following expense categories:

 

 

 

Three Months Ended

 

 

 

December 31,

 

(Dollars in thousands)

 

2018

 

 

2017

 

Product costs

 

$

32

 

 

$

(6

)

Research and development

 

 

213

 

 

 

158

 

Selling, general and administrative

 

 

986

 

 

 

751

 

Total

 

$

1,231

 

 

$

903

 

Assumptions Used in Stock Option Plans

 

 

 

Three Months Ended

 

 

 

December 31,

 

 

 

2018

 

 

2017

 

Risk-free interest rates

 

 

2.9

%

 

 

2.0

%

Expected life (years)

 

 

4.5

 

 

 

4.8

 

Expected volatility

 

 

33.2

%

 

 

33.0

%

Dividend yield

 

 

0.0

%

 

 

0.0

%

Schedule of Fair Value at the Date of Grant

The aggregate number of shares that could be awarded to our executives if the minimum, target and maximum performance goals are met, based on the fair value at the date of grant is as follows as of December 31, 2018, taking into account the aforementioned forfeiture of Performance Shares:

 

Performance Period

 

Minimum Shares

 

 

Target Shares

 

 

Maximum Shares

 

Fiscal 2017 – 2019

 

 

9,352

 

 

 

46,758

 

 

 

93,516