Annual report pursuant to Section 13 and 15(d)

Note C - Shareholders' Equity (Tables)

v2.4.0.8
Note C - Shareholders' Equity (Tables)
12 Months Ended
Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
   
2012
 
Expected volatility
    82 %
Expected life (in years)
    6  
Expected dividends
    0 %
Risk-free interest rate
    .90 %
Weighted-average grant-date fair value
  $ 4.12  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
   
Number of
shares
   
Weighted average
exercise price
   
Weighted average
fair value
 
Outstanding at September 30, 2012
    1,029,176     $ 3.07        
Granted
    -       -       -  
Cancelled or Forfeited
    (9,600 )     5.77          
Exercised
    (156,057 )     1.97          
Outstanding at September 30, 2013
    863,519     $ 3.24          
Granted
    -       -       -  
Cancelled or Forfeited
    (2,450 )     4.43          
Exercised
    (488,018 )     1.94          
Outstanding at September 30, 2014
    373,051     $ 4.93          
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable [Table Text Block]
Year ended
 
Exercisable
   
Weighted average
remaining contractual life
(in years)
 
Weighted average
exercise price
 
September 30, 2014
    313,851    
2.63
  $ 4.67  
September 30, 2013
    711,802    
4.17
  $ 2.75  
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding [Table Text Block]
Year Ended
 
Number
outstanding
   
Weighted
average
remaining
contractual life
(in years)
 
Weighted
average
exercise
price
   
Aggregate
intrinsic
value
 
September 30, 2014
    373,051    
2.52
  $ 4.93     $ 2,908,849  
September 30, 2013
    863,519    
4.09
  $ 3.24     $ 8,801,776  
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]
   
Number of
shares
   
Weighted average
grant date fair value
 
Unvested shares at September 30, 2012
    363,336     $ 5.07  
Granted
    9,090       5.50  
Vested
    (75,136 )     4.95  
Forfeited
    (5,000 )     5.10  
Unvested shares at September 30, 2013
    292,290       5.11  
Granted
    307,615       13.39  
Vested
    (79,390 )     5.15  
Forfeited
    (2,000 )     5.10  
Unvested shares at September 30, 2014
    518,515     $ 10.02