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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Restricted stock and restricted stock unit activity
Time-vested restricted stock and stock unit activity for fiscal year 2013 is presented below:
 
Shares/
Units
 
Weighted
Average
Grant Date
Fair Value
Nonvested at September 30, 2012
115,115

 
$
36.54

Granted
59,124

 
$
40.00

Vested
(43,785
)
 
$
34.95

Forfeited
(11,050
)
 
$
38.61

Nonvested at September 30, 2013
119,404

 
$
38.64

Fiscal year 2013 activity of restricted stock and restricted stock units subject to performance and/or market conditions is presented below:
 
Shares/
Units
 
Weighted
Average
Grant Date
Fair Value
Nonvested at September 30, 2012
232,403

 
$
30.89

Granted (maximum shares that can be earned)
108,419

 
$
34.49

Vested
(47,436
)
 
$
27.61

Forfeited
(51,118
)
 
$
26.11

Nonvested at September 30, 2013
242,268

 
$
34.15

Stock option awards activity
No stock options were granted during fiscal years 2013, 2012, and 2011. Stock option activity for fiscal year 2013 is presented below:
 
Stock
Options
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
(Years)
 
Aggregate
Intrinsic
Value
($000)
Outstanding at September 30, 2012
214,000

 
$
31.02

 
 
 
 
Granted

 
$

 
 
 
 
Exercised
(80,500
)
 
$
29.61

 
 
 
 
Forfeited

 
$

 
 
 
 
Expired

 
$

 
 
 
 
Outstanding at September 30, 2013
133,500

 
$
31.87

 
2.8
 
$
1,752

Fully Vested and Expected to Vest at September 30, 2013
133,500

 
$
31.87

 
2.8
 
$
1,752

Exercisable at September 30, 2013
133,500

 
$
31.87

 
2.8
 
$
1,752

Significant assumptions used in the Monte Carlo simulations
The significant assumptions used in the Monte Carlo simulations are as follows:
 
2013
 
2012
 
2011
Risk free interest rate
0.32
%
 
0.39
%
 
0.79
%
Expected dividend yield of stock

 

 

Expected volatility of stock
19.60
%
 
23.21
%
 
33.42
%
Vesting period
2.8 years

 
2.8 years

 
2.8 years

Compensation cost recognized for share-based compensation arrangements
The amounts of compensation cost recognized for share-based compensation arrangements are presented below:
(Thousands)
2013
 
2012
 
2011
Total equity compensation cost
$
4,453

 
$
2,707

 
$
3,980

Compensation cost capitalized
(1,366
)
 
(808
)
 
(924
)
Compensation cost recognized in net income
3,087

 
1,899

 
3,056

Income tax benefit recognized in net income
(1,182
)
 
(733
)
 
(1,179
)
Compensation cost recognized in net income, net of income tax
1,905

 
1,166

 
1,877