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Stock Options (Tables)
12 Months Ended
Sep. 30, 2011
Stock Options [Abstract] 
Schedule of weighted average assumptions
The following weighted-average assumptions were used to estimate the fair value of options granted during the periods indicated:
Year ended September 30,
2011
2010
2009
Annual dividend yield
1.89
%
1.20
%
3.83
%
Expected volatility
30
%
26
%
24
%
Risk-free interest rate
2.00
%
2.20
%
1.73
%
Expected life
4.5 years

4.5 years

4.5 years

Summary of option activity

A summary of option activity under the Plans as of September 30, 2011, and changes during the year then ended is as follows:
Options
Shares
Weighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Term
Aggregate
Intrinsic
Value
(In thousands)
Outstanding at September 30, 2010
2,643,307

$
20.16

 
 
Granted
370,650

16.84

 
 
Exercised
(109,790
)
14.84

 
 
Forfeited
(162,927
)
19.43

 
 
Outstanding at September 30, 2011
2,741,240

$
19.97

5

$
344

Exercisable at September 30, 2011
1,732,382

$
20.79

3

$
85

Schedule of miscellaneous information related to stock options
Miscellaneous information related to stock options is presented below:
 
2011
2010
2009
Compensation cost for stock options
1,087,000

1,213,000

1,327,000

Weighted avg. grant date FV
4

4

2

Total intrinsic value of options exercised
259,000

975,000

65,000

Grant date FV of options exercised
312,000

482,000

57,000

Cash received from option exercises
1,630,000

1,760,000

158,000

Tax benefit realized for option exercises
37,000

227,000

21,000

Summary of nonvested activity
A summary of the status of the Company's nonvested options as of September 30, 2011, and changes during the year then ended is as follows:
Nonvested Options
Shares
Weighted
Average
Grant Date
Fair Value
Outstanding at September 30, 2010
1,217,083

$
2.66

Granted
370,650

3.89

Vested
(486,094
)
2.86

Forfeited
(92,781
)
2.66

Outstanding at September 30, 2011
1,008,858

$
3.02