XML 26 R16.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Share-based Payments | 9 Months Ended
--- | ---
Jun. 30, 2024
Share-based Payments |
Share-based Payments | 9. Share-based Payments ​ The Company grants stock units to employees under its Performance Earnings Program (PEP), whereby units are earned and issued dependent upon meeting established cumulative performance objectives and vest over a three-year service period. Additionally, the Company issues restricted stock units to employees and directors which are earned based on service conditions. The grant date fair value of PEP awards and restricted stock unit awards is primarily based on that day’s closing market price of the Company’s common stock. Restricted stock units and PEP units activity for the nine months ended June 30 was as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2024 |  | 2023
​ |  | ​ |  | Weighted |  | ​ |  | Weighted |  | ​ |  | Weighted |  | ​ |  | Weighted
​ | ​ | ​ | ​ | Average | ​ | ​ | ​ | Average | ​ | ​ | ​ | Average | ​ | ​ | ​ | Average
​ | ​ | Restricted | ​ | Grant-Date | ​ | ​ | ​ | Grant-Date | ​ | Restricted | ​ | Grant-Date | ​ | ​ | ​ | Grant-Date
​ | ​ | Stock Units | ​ | Fair Value | ​ | PEP Units | ​ | Fair Value | ​ | Stock Units | ​ | Fair Value | ​ | PEP Units | ​ | Fair Value
​ | ​ | (in millions) | ​ | ​ | ​ | ​ | (in millions) | ​ | ​ | ​ | ​ | (in millions) | ​ | ​ | ​ | ​ | (in millions) | ​ | ​ | ​
Outstanding at September 30, | ​ | 0.8 | ​ | $ | 68.34 | ​ | 0.7 | ​ | $ | 75.54 | ​ | 1.0 | ​ | $ | 53.05 | ​ | 0.7 | ​ | $ | 60.60
Granted | ​ | 0.3 | ​ | $ | 92.30 | ​ | 0.2 | ​ | $ | 104.82 | ​ | 0.3 | ​ | $ | 83.64 | ​ | 0.2 | ​ | $ | 94.64
PEP units earned |  | — | ​ | $ | — | ​ | 0.2 | ​ | $ | 52.49 | ​ | — | ​ | $ | — | ​ | 0.2 | ​ | $ | 43.19
Vested |  | (0.3) | ​ | $ | 50.04 | ​ | (0.4) | ​ | $ | 52.49 | ​ | (0.4) | ​ | $ | 45.01 | ​ | (0.4) | ​ | $ | 43.19
Outstanding at June 30, |  | 0.8 | ​ | $ | 83.95 | ​ | 0.7 | ​ | $ | 95.37 | ​ | 0.9 | ​ | $ | 65.96 | ​ | 0.7 | ​ | $ | 75.67
​ Total compensation expense related to these share-based payments including stock options was $44.8 million and $40.9 million during the nine months ended June 30, 2024 and 2023, respectively. Unrecognized compensation expense related to total share-based payments outstanding as of June 30, 2024 and September 30, 2023 was $70.3 million and $48.3 million, respectively, to be recognized on a straight-line basis over the awards’ respective vesting periods which are generally three years.

X
- Definition The entire disclosure for share-based payment arrangement. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/718/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2)(i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (l) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration