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Stock Award Plans (Tables)
12 Months Ended
Sep. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of weighted average assumptions
The following weighted-average assumptions were used to estimate the fair value of stock options granted during the periods indicated:
Year ended September 30,
2014
2013
2012
Annual dividend yield
%
%
2.34
%
Expected volatility
%
%
31
%
Risk-free interest rate
%
%
0.77
%
Expected life
0.0 years

0.0 years

4.5 years

Summary of option activity
A summary of stock option activity under the Plan as of 2014 and changes during the year is as follows:
Options
Shares
Weighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Term
Aggregate
Intrinsic
Value
(In thousands)
Outstanding at September 30, 2013
1,903,578

$
20.93

4
$2,563
Granted


 
 
Exercised
(500,504
)
20.30

 
 
Forfeited
(154,065
)
21.43

 
 
Outstanding at September 30, 2014
1,249,009

$
21.11

4
$
1,859

Exercisable at September 30, 2014
1,103,214

$
21.66

3
$
1,363

Schedule of miscellaneous information related to stock options
Miscellaneous information related to stock options is presented below:
 
2014
2013
2012
 
(Dollars in thousands)
Compensation cost for stock options
$
324

$
473

$
848

Weighted avg. grant date FV
2.95

3.24

3.53

Total intrinsic value of options exercised
1,136

781

125

Grant date FV of options exercised
1,962

791

54

Cash received from option exercises
10,142

4,261

357

Tax benefit realized for option exercises
159

53


Summary of nonvested activity
A summary of the Company's non-vested stock options as of 2014 and changes during the year is as follows:
Non-vested Options
Shares
Weighted
Average
Grant Date
Fair Value
Outstanding at September 30, 2013
287,750

$
3.44

Granted


Vested
(119,520
)
2.88

Forfeited
(22,435
)
3.63

Outstanding at September 30, 2014
145,795

$
3.87

Restricted Stock
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of nonvested activity
A summary of the Company's non-vested share awards as of 2014 and changes during the year is as follows:
Non-vested Stock Grant Awards
Shares
Weighted
Average
Grant Date
Fair Value
Outstanding at September 30, 2013
209,667

 
Granted
232,000

 
Vested
(162,717
)
 
Forfeited
(39,883
)
 
Outstanding at September 30, 2014
239,067

$
20.37