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Common Stock Repurchase
12 Months Ended
Sep. 30, 2017
Common Stock Repurchase [Abstract]  
COMMON STOCK REPURCHASE
COMMON STOCK REPURCHASE
Common Stock Repurchase Program
On October 29, 2013, our Board of Directors authorized a program to repurchase up to $20.0 million of our common stock, primarily to support our employee stock purchase program and to return capital to shareholders. During the first quarter of fiscal 2015, we repurchased 287,787 shares for $2.2 million under this plan, which expired on October 31, 2014.
On October 28, 2014, our Board of Directors authorized a program to repurchase up to $15.0 million of our common stock primarily to return capital to shareholders and to support our employee stock purchase program. This authorization began on November 1, 2014 and expired on October 31, 2015. There were no shares repurchased under this program.
13. COMMON STOCK REPURCHASE (CONTINUED)
On April 26, 2016, our Board of Directors authorized a program to repurchase up to $15.0 million of our common stock primarily to return capital to shareholders. This authorization expired on May 1, 2017. There were no shares repurchased under this program.
On May 2, 2017, our Board of Directors authorized a new program to repurchase up to $20.0 million of our common stock primarily to return capital to shareholders. This repurchase authorization expires on May 1, 2018. Shares repurchased under the new program will be made through open market and privately negotiated transactions from time to time and in amounts that management deems appropriate. The amount and timing of share repurchases depends upon market conditions and other corporate considerations. During fiscal 2017, we repurchased 28,691 shares for $0.3 million. As of September 30, 2017, $19.7 million remains available for repurchase.