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STOCK COMPENSATION | 3 Months Ended
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Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
STOCK COMPENSATION | STOCK COMPENSATION The Company maintains the amended and restated Meta Financial Group, Inc. 2002 Omnibus Incentive Plan, as amended (the "2002 Omnibus Incentive Plan"), which, among other things, provides for the awarding of stock options and nonvested (restricted) shares to certain officers and directors of the Company. Awards are granted by the Compensation Committee of the Board of Directors based on the performance of the award recipients or other relevant factors. Compensation expense for share-based awards is recorded over the vesting period at the fair value of the award at the time of the grant. The exercise price of options or fair value of non-vested (restricted) shares granted under the Company’s incentive plan is equal to the fair market value of the underlying stock at the grant date. The Company has elected, with the adoption of ASU 2016-09, to record forfeitures as they occur. The following tables show the activity of options and nonvested (restricted) shares granted, exercised, or forfeited under the 2002 Omnibus Incentive Plan for the three months ended December 31, 2018:
| Number of Shares |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Term (Yrs) |  | Aggregate Intrinsic Value
| (Dollars in Thousands, Except Per Share Data (1))
Options outstanding, September 30, 2018 | 155,961 |  |  | $ | 8.48 |  |  | 1.78 |  |  | $ | 2,974 |
Granted | — |  |  | — |  |  | — |  |  | — |
Exercised | (45,132 | ) |  | 8.95 |  |  | — |  |  | 742 |
Forfeited or expired | — |  |  | — |  |  | — |  |  | — |
Options outstanding, December 31, 2018 | 110,829 |  |  | $ | 8.29 |  |  | 1.67 |  |  | $ | 1,230 |
Options exercisable, December 31, 2018 | 110,829 |  |  | $ | 8.29 |  |  | 1.67 |  |  | $ | 1,230 |
| Number of Shares |  | Weighted Average Fair Value at Grant
(Dollars in Thousands, Except Per Share Data (1))
Nonvested (restricted) shares outstanding, September 30, 2018 | 1,005,813 |  |  | $ | 29.89 |
Granted | 224,102 |  |  | 25.11 |
Vested | (245,842 | ) |  | 27.29 |
Forfeited or expired | — |  |  | — |
Nonvested (restricted) shares outstanding, December 31, 2018 | 984,073 |  |  | $ | 29.45 |
(1) All share and per share data has been adjusted to reflect the 3-for-1 forward stock split effected by the Company on October 4, 2018. At December 31, 2018, stock-based compensation expense not yet recognized in income totaled $18.3 million, which is expected to be recognized over a weighted average remaining period of 3.11 years.

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- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -URI http://asc.fasb.org/subtopic&trid=2208855 + Details
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