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Stock-Based Compensation (Tables)

12 Months Ended

Sep. 30, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Stock-Based Compensation Expense

The following table summarizes the operating expense line in which stock-based compensation expense has been recorded and the impact on net income in the consolidated statements of operations for the years ended September 30, 2024, 2023 and 2022:

						Year Ended September 30,
						2024						2023						2022
Educational services and facilities						$	481					$	192					$	240
Selling, general and administrative						8,079						3,656						4,172
Total stock-based compensation expense						$	8,560					$	3,848					$	4,412
Income tax benefit						$	2,140					$	962					$	1,103

Schedule of Stock Option Activity

The following table summarizes stock option activity under the Former Plans and the 2021 Plan for the years ended September 30, 2024, 2023 and 2022:

			Number of  Shares						Weighted Average  Exercise Price						Weighted Average Remaining Contractual Life						Aggregate Intrinsic Value
			(In thousands)						(per Share)						(Years)						(In thousands)
Outstanding as of September 30, 2022			210						$	3.14					3.18						$	483
Outstanding as of September 30, 2023			210						$	3.14					2.18						$	1,100
Outstanding as of September 30, 2024			210						$	3.14					1.18						$	2,755
Stock options exercisable as of September 30, 2024			210						$	3.14					1.18						$	2,755

Schedule of Restricted Stock Units and Performance Units Activity

The following table summarizes the activity for RSUs and PSUs granted under the Former Plans and 2021 Plan for the years ended September 30, 2024, 2023 and 2022:

			RSUs												PSUs
			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, 2021			548						$	6.56					642						$	6.97
Granted			377						8.34						377						8.75
Adjustment to grant based on achieved attainment level			—						—						(256)						—
Vested			(209)						6.69						(24)						7.73
Forfeited			(21)						7.21						(23)						7.14
Outstanding as of September 30, 2022			695						$	7.47					716						$	7.60
Granted			596						7.17						475						7.49
Adjustment to grant based on achieved attainment level			—						—						(304)						—
Vested			(325)						7.31						—						—
Forfeited			(121)						7.37						(144)						7.65
Outstanding as of September 30, 2023			845						$	7.33					743						$	7.55
Granted			541						12.19						231						11.99
Adjustment to grant based on achieved attainment level			—						—						184						—
Vested			(386)						7.21						(187)						6.35
Forfeited			(94)						9.60						(54)						8.17
Outstanding as of September 30, 2024			906						$	10.04					917						$	9.02

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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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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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