Stock-Based Compensation (Tables)

9 Months Ended

Jun. 30, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation Expense

The following table reflects stock-based compensation expense recorded during the three and nine months ended June 30, 2017 and 2016 (in thousands):

	Three Months Ended June 30,				Nine Months Ended June 30,
	2017		2016		2017		2016
Restricted stock	$	4,044	$	1,501	$	10,634	$	7,801
Employee stock purchase plan		153		136		447		405
Total stock-based compensation expense	$	4,197	$	1,637	$	11,081	$	8,206

Status of Restricted Stock Activity and Changes

The following table summarizes restricted stock unit activity for the six months ended March 31, 2017:

		Weighted
		Average
		Grant-Date
	Shares	Fair Value
Outstanding at September 30, 2016	2,489,076	$	10.79
Granted	1,008,570	$	14.32
Vested	(911,738)	$	10.51
Forfeited	(79,699)	$	11.66
Outstanding at June 30, 2017	2,506,209	$	12.52

The following table reflects restricted stock units granted during the six months ended March 31, 2017 and 2016:

		Time-Based		Performance-
	Total Units	Units	Stock Grants	Based Units
Nine months ended June 30, 2017	1,008,570	377,213	43,019	588,338
Nine months ended June 30, 2016	1,679,591	734,250	85,091	860,250