Quarterly report pursuant to Section 13 or 15(d)

Share Based Payments (Tables)

v2.4.0.6
Share Based Payments (Tables)
3 Months Ended
Dec. 31, 2011
Share-Based Payments [Abstract]  
Restricted Stock Activity
The transactions for restricted stock for the three months ended December 31, 2011 were as follows:

 
 
 
 
Weighted-
 
 
 
 
 
average
 
 
 
 
 
grant-date
 
 
Shares
 
 
fair value
 
Non-vested at September 30, 2011
 
 
541,613
 
 
$
33.62
 
Granted
 
 
154,710
 
 
 
32.08
 
Vested
 
 
(146,260
)
 
 
35.55
 
Expired or forfeited
 
 
(400
)
 
 
31.45
 
Non-vested at December 31, 2011
 
 
549,663
 
 
 
32.68
 
Stock Option Activity
The transactions for shares under options for the quarter ended December 31, 2011 were as follows:

 
 
 
 
 
 
 
Weighted-
 
 
 
 
 
 
 
 
Weighted-
 
 
average
 
 
Aggregate
 
 
 
 
 
average
 
 
remaining
 
 
intrinsic
 
 
Shares
 
 
exercise price
 
 
contractual term
 
 
value
 
Outstanding, September 30, 2011
 
 
872,514
 
 
$
37.02
 
 
 
 
 
 
 
Granted
 
 
-
 
 
 
-
 
 
 
 
 
 
 
Exercised
 
 
(1,166
)
 
 
24.37
 
 
 
 
 
 
 
Expired or forfeited
 
 
(7,750
)
 
 
40.63
 
 
 
 
 
 
 
Outstanding, December 31, 2011
 
 
863,598
 
 
 
37.01
 
 
 
3.8
 
 
$
-
 
Exercisable, December 31, 2011
 
 
503,095
 
 
 
35.78
 
 
 
3.5
 
 
$
-
 

Non-vested Options Activity
The transactions for non-vested options for the quarter ended December 31, 2011 were as follows:

 
 
 
 
Weighted-average
 
 
 
 
 
grant-date
 
Non-vested shares
 
Shares
 
 
fair value
 
Non-vested at September 30, 2011
 
 
367,586
 
 
$
11.38
 
Granted
 
 
-
 
 
 
-
 
Vested
 
 
-
 
 
 
-
 
Expired or forfeited
 
 
(7,083
)
 
 
12.28
 
Non-vested at December 31, 2011
 
 
360,503
 
 
 
11.36
 
Assumptions Used in Estimating Fair Value
The following table indicates the assumptions used in estimating fair value of restricted stock granted during the periods ended December 31, 2011 and 2010.

 
Three Months Ended December 31,
 
 
2011
 
 
2010
 
Expected volatility
 
 
30.4
%
 
 
30.0
%
Dividend yield
 
 
1.0
%
 
 
1.0
%
Average risk free interest rate
 
 
0.9
%
 
 
1.2
%
Weighted-average expected term (years)
 
 
2.0
 
 
 
2.0