XML 35 R21.htm IDEA: XBRL DOCUMENT v3.10.0.1
SUBSEQUENT EVENTS
12 Months Ended
Sep. 30, 2018
SUBSEQUENT EVENT  
SUBSEQUENT EVENTS

13. SUBSEQUENT EVENTS:

On October 23, 2018 the Compensation Committee of the Company’s Board of Directors awarded 15,050 long-term incentive equity awards, primarily to members of the Company’s executive management team. These awards included a three year graded vesting schedule and can be settled in either cash or stock. At the same time, the Company’s Board of Directors replenished the number of shares authorized for repurchase under AMCON’s existing Common Stock repurchase program. The program provides for periodic repurchases of up to 75,000 shares of AMCON’s common stock in open market or privately negotiated transactions.