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Stock-Based Compensation (Tables)
3 Months Ended
Dec. 31, 2018
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 months ended December 31, 2018 and 2017 (in thousands):

 

 

 

 

 

 

 

 

 

 

Three Months Ended December 31, 

 

 

    

2018

    

2017

    

Restricted stock units

 

$

3,960

 

$

4,385

 

Employee stock purchase plan

 

 

216

 

 

178

 

Total stock-based compensation expense

 

$

4,176

 

$

4,563

 

 

Restricted Stock Unit Activity

The following table reflects restricted stock units granted during the three months ended December 31, 2018 and 2017:

 

 

 

 

 

 

 

 

 

 

 

    

 

    

Time-Based

    

 

    

Performance-

 

 

Total Units

 

Units

 

Stock Grants

 

Based Units

Three months ended December 31, 2018

 

745,776

  

321,835

  

552

  

423,389

Three months ended December 31, 2017

 

471,151

  

190,266

  

546

  

280,339

 

 

The following table summarizes restricted stock unit activity for the three months ended December 31, 2018:

 

 

 

 

 

 

 

    

 

    

Weighted

 

 

 

 

Average 

 

 

 

 

Grant-Date 

 

 

Shares

 

Fair Value

Outstanding at September 30, 2018

 

2,194,512

 

$

17.20

Granted

 

745,776

 

 

30.49

Vested

 

(851,702)

 

 

18.70

Forfeited

 

(9,199)

 

 

10.91

Outstanding at December 31, 2018

 

2,079,387

 

 

23.58