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Stock-Based Compensation (Tables)

12 Months Ended

Sep. 30, 2020

Share-based Payment Arrangement [Abstract]

Summary of Stock-Based Compensation Expense

The following table summarizes the operating expense line and the impact on net income (loss) in the consolidated statements of operations in which stock-based compensation expense has been recorded for the years ended September 30, 2020, 2019, and 2018:

						Year Ended September 30,
						2020						2019						2018
Educational services and facilities						$	64					$	—					$	—
Selling, general and administrative						2,013						1,440						1,864
Total stock-based compensation expense						$	2,077					$	1,440					$	1,864
Income tax benefit						$	519					$	360					$	466

Schedule of Assumptions For Stock Options

The following assumptions were used to value options granted during the year ended September 30, 2019:

			Year Ended September 30, 2019
Expected years until exercised			7
Risk-free interest rate			2.84		%
Expected volatility			52.4		%
Expected dividends			—		%

Summary of Stock Option Activity

The following table summarizes stock option activity under the 2003 Plan for the years ended September 30, 2020, 2019 and 2018:

			Number of  Shares						Weighted Average  Exercise Price						Weighted Average Remaining Contractual Life						Aggregate Intrinsic Value
			(In thousands)						(per Share)						(Years)
Outstanding as of September 30, 2017			—						$	—					—						$	—
Outstanding as of September 30, 2018			—						$	—					—						$	—
Granted			210						$	3.14
Exercised			—						$	—
Forfeited			—						$	—
Outstanding as of September 30, 2019			210						$	3.14					6.19						$	483
Granted			—						$	—
Exercised			—						$	—
Forfeited			—						$	—
Outstanding as of September 30, 2020			210						$	3.14					5.18						$	407
Stock options exercisable as of September 30, 2020			210						$	3.14					5.18						$	407

Restricted Stock Units and Performance Units Activity

The following table summarizes the activity for restricted stock units and performance units granted under the 2003 Plan for the years ended September 30, 2020, 2019 and 2018:

			RSU												PSU
			Number of  Shares (In thousands)						Weighted Average Grant Date Fair Value per Share						Number of  Shares (In thousands)						Weighted Average Grant Date Fair Value per Share
Outstanding as of September 30, 2017			523						$	3.71					132						$	3.11
Granted			350						$	2.90					182						$	2.40
Vested			(206)						$	4.51					—						$	—
Forfeited			(95)						$	3.55					(36)						$	2.74
Outstanding as of September 30, 2018			572						$	2.95					278						$	2.69
Granted			—						$	—					—						$	—
Adjustment to September 2017 grant based on achieved attainment level			—						$	—					23
Vested			(228)						$	3.17					(108)						$	3.11
Forfeited			(108)						$	2.96					(60)						$	2.75
Outstanding as of September 30, 2019			236						$	2.74					133						$	2.40
Granted			306						$	7.46					314						$	7.72
Adjustment to September 2017 grant based on achieved attainment level			—						$	—					33
Vested			(141)						$	2.62					(100)						$	2.32
Forfeited			(63)						$	2.96					(39)						$	2.48
Outstanding as of September 30, 2020			338						$	7.01					341						$	7.30

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Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

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