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STOCK OPTIONS AND STOCK-BASED EMPLOYEE COMPENSATION (Tables)
9 Months Ended
Jun. 30, 2013
Stock Option and Stock Based Employee Compensation [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
On June 18, 2013, the Company issued 10,000 options to an employee.  These options become exercisable in June 2014, have a strike price of $8.70 per share and expire in June 2015.  The fair value of these options were estimated to be $11,670 at the date of grant using a Black-Scholes option-pricing model using the following weighted average assumptions:
 
Volatility
 
27
%
Expected life
 
1.5 years
 
Expected dividend yield
 
-
 
Risk free rate
 
0.27
%
   
On June 27, 2012, the Company issued 100,000 options to the Company's directors.  These options became exercisable in June 2013, have a strike price of $8.78 per share and expire in June 2014.  The fair value of these options were estimated to be $160,488 at the date of grant using a Black-Scholes option-pricing model using the following weighted average assumptions:
 
Volatility
 
37
%
Expected life
 
1.5 years
 
Expected dividend yield
 
-
 
Risk free rate
 
0.31
%
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
The following is a summary of all stock option transactions for the nine months ended June 30, 2013:
 
(in thousands, except
for per share and year
information)
 
Shares
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
(years)
 
Aggregate
Intrinsic
Value
 
Outstanding as of
September 30, 2012
 
785
 
$
8.36
 
 
 
 
 
 
Granted
 
10
 
 
8.70
 
 
 
 
 
 
Forfeited
 
-
 
 
-
 
 
 
 
 
 
Exercised
 
-
 
 
-
 
 
 
 
 
 
Outstanding as of
June 30, 2013
 
795
 
$
8.36
 
1.05
 
$
228
 
Exercisable as of
June 30, 2013
 
135
 
$
8.41
 
0.93
 
$
44