12. Stock-Based Compensation (Tables)
|
3 Months Ended |
Dec. 31, 2018 |
|---|
| Share-based Compensation [Abstract] |
|
| Stock option activity |
| |
|
|
|
|
Weighted |
|
|
Weighted |
|
|
|
|
| |
|
|
|
|
Average |
|
|
Average |
|
|
|
|
| |
|
Number of |
|
|
Exercise |
|
|
Remaining |
|
|
|
|
| |
|
Shares |
|
|
Price |
|
|
Contractual Life |
|
|
Intrinsic Value |
|
| Outstanding at September 30, 2017 |
|
|
211,668 |
|
|
$ |
13.19 |
|
|
|
3.47 |
|
|
$ |
454,417 |
|
| Granted |
|
|
20,000 |
|
|
|
32.24 |
|
|
|
9.02 |
|
|
|
|
|
| Exercised |
|
|
– |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Forfeited |
|
|
– |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at September 30, 2018 |
|
|
231,668 |
|
|
$ |
14.84 |
|
|
|
3.04 |
|
|
$ |
162,500 |
|
| Exercisable at September 30, 2018 |
|
|
190,639 |
|
|
$ |
11.89 |
|
|
|
2.08 |
|
|
$ |
162,500 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at September 30, 2018 |
|
|
231,668 |
|
|
$ |
14.84 |
|
|
|
3.04 |
|
|
$ |
162,500 |
|
| Granted |
|
|
– |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercised |
|
|
– |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Forfeited |
|
|
– |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at December 31, 2018 |
|
|
231,668 |
|
|
$ |
14.84 |
|
|
|
2.79 |
|
|
$ |
53,750 |
|
| Exercisable at December 31, 2018 |
|
|
195,996 |
|
|
$ |
12.05 |
|
|
|
1.99 |
|
|
$ |
53,750 |
|
|
| Stock option exercise price |
| Outstanding |
|
Exercisable |
|
| Number of |
|
Exercise |
|
|
Number of |
|
|
Exercise |
|
| Options |
|
Price |
|
|
Options |
|
|
Price |
|
| 31,250 |
|
$ |
5.00 |
|
|
|
31,250 |
|
|
$ |
5.00 |
|
| 25,000 |
|
|
7.50 |
|
|
|
25,000 |
|
|
|
7.50 |
|
| 31,250 |
|
|
10.00 |
|
|
|
31,250 |
|
|
|
10.00 |
|
| 4,167 |
|
|
10.86 |
|
|
|
4,167 |
|
|
|
10.86 |
|
| 4,167 |
|
|
10.86 |
|
|
|
4,167 |
|
|
|
10.86 |
|
| 4,167 |
|
|
10.86 |
|
|
|
662 |
|
|
|
10.86 |
|
| 4,167 |
|
|
10.86 |
|
|
|
– |
|
|
|
– |
|
| 6,250 |
|
|
12.50 |
|
|
|
6,250 |
|
|
|
12.50 |
|
| 6,250 |
|
|
15.00 |
|
|
|
6,250 |
|
|
|
15.00 |
|
| 75,000 |
|
|
15.18 |
|
|
|
75,000 |
|
|
|
15.18 |
|
| 8,000 |
|
|
23.41 |
|
|
|
8,000 |
|
|
|
23.41 |
|
| 8,000 |
|
|
27.60 |
|
|
|
4,000 |
|
|
|
27.60 |
|
| 8,000 |
|
|
31.74 |
|
|
|
– |
|
|
|
– |
|
| 8,000 |
|
|
36.50 |
|
|
|
– |
|
|
|
– |
|
| 8,000 |
|
|
41.98 |
|
|
|
– |
|
|
|
– |
|
| 231,668 |
|
|
|
|
|
|
195,996 |
|
|
|
|
|
|
| Non-vested share activity |
| |
|
|
|
|
Average |
|
| |
|
Number of |
|
|
Grant-Date |
|
| Non-vested Shares |
|
Shares |
|
|
Fair Value |
|
| Non-vested at September 30, 2017 |
|
|
36,668 |
|
|
$ |
17.70 |
|
| Granted |
|
|
20,000 |
|
|
$ |
10.14 |
|
| Vested |
|
|
(15,639 |
) |
|
$ |
15.72 |
|
| Non-vested at September 30, 2018 |
|
|
41,029 |
|
|
$ |
12.88 |
|
| |
|
|
|
|
|
|
|
|
| Non-vested at September 30, 2018 |
|
|
41,029 |
|
|
$ |
12.88 |
|
| Granted |
|
|
– |
|
|
$ |
– |
|
| Vested |
|
|
(5,357 |
) |
|
$ |
10.08 |
|
| Non-vested at December 31, 2018 |
|
|
35,672 |
|
|
$ |
15.72 |
|
|
| Assumptions used |
| Risk-free interest rate |
1.25% |
| Expected life of the options |
5 and 10 years |
| Expected volatility |
107% |
| Expected dividend yield |
0% |
|