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SHARE-BASED COMPENSATION
 3 Months Ended
Dec. 31, 2024
SHARE-BASED COMPENSATION  
SHARE-BASED COMPENSATION

3.    SHARE-BASED COMPENSATION

The Company provides compensation benefits to certain key employees under several share-based plans providing for a combination of performance-based share unit (PSU) awards and time-vested restricted share unit (RSU) awards, and to non-employee directors under a separate compensation plan. Prior to fiscal 2021, the Company provided certain key employees with performance-accelerated restricted share (PARS) awards, the last of which vested during the first quarter of fiscal 2024.

RSU, PSU and PARS Awards

Compensation expense related to these awards was $2.2 million and $1.9 million for the three-month periods ended December 31, 2024 and 2023, respectively. There were 209,274 non-vested shares outstanding as of December 31, 2024.

Non-Employee Directors Plan

Compensation expense related to the non-employee director grants was $0.3 million and $0.3 million for the three-month periods ended December 31, 2024 and 2023, respectively.

The total share-based compensation cost that has been recognized in the results of operations and included within selling, general and administrative expenses (SG&A) was $2.5 million and $2.2 million for the three-month periods ended December 31, 2024 and 2023, respectively. The total income tax benefit recognized in results of operations for share-based compensation arrangements was $0.8 million and $0.2 million for the three-month periods ended December 31, 2024 and 2023, respectively. As of December 31, 2024 there was $17.7 million of total unrecognized compensation cost related to share-based compensation arrangements. That cost is expected to be recognized over a remaining weighted-average period of 2.0 years.