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Stock Option Plans (Tables)
12 Months Ended
Sep. 30, 2012
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,
2012
2011
2010
Annual dividend yield
2.34
%
1.89
%
1.20
%
Expected volatility
31
%
30
%
26
%
Risk-free interest rate
0.77
%
2.00
%
2.20
%
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 2012, 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, 2011
2,741,240

$
19.97

 
 
Granted
3,000

17.07

 
 
Exercised
(28,389
)
12.57

 
 
Forfeited
(415,745
)
16.92

 
 
Outstanding at September 30, 2012
2,300,106

$
20.60

4
$
1,269

Exercisable at September 30, 2012
1,685,834

$
21.69

3
$
602

Schedule of miscellaneous information related to stock options
Miscellaneous information related to stock options is presented below:
 
2012
2011
2010
 
(Dollars in thousands)
Compensation cost for stock options
$
848

$
1,087

$
1,213

Weighted avg. grant date FV
3.53

3.89

4.43

Total intrinsic value of options exercised
125

259

975

Grant date FV of options exercised
54

312

482

Cash received from option exercises

1,630

1,760

Tax benefit realized for option exercises

37

227

Summary of nonvested activity
A summary of the status of the Company's nonvested options as of 2012, and changes during the year then ended is as follows:
Nonvested Options
Shares
Weighted
Average
Grant Date
Fair Value
Outstanding at September 30, 2011
1,008,858

$
3.02

Granted
3,000

3.53

Vested
(310,591
)
2.59

Forfeited
(86,995
)
3.28

Outstanding at September 30, 2012
614,272

$
3.20