Annual report pursuant to Section 13 and 15(d)

Share-Based Compensation (Tables)

v2.4.0.8
Share-Based Compensation (Tables)
12 Months Ended
Sep. 30, 2013
Share-Based Compensation  
Schedule of stock-based compensation costs

 

 

 

Year Ended September 30,

 

 

 

2013

 

2012

 

2011

 

Stock-based compensation cost

 

$

6.4

 

$

8.7

 

$

11.7

 

Less impact of income tax

 

2.3

 

3.2

 

4.3

 

Stock-based compensation cost, net of tax

 

$

4.1

 

$

5.5

 

$

7.4

 

Summary of assumptions used in determining fair value of options

 

 

 

Year Ended September 30,

 

 

 

2013

 

2012

 

2011

 

Risk-free interest rate

 

0.2 – 1.6%

 

0.1 – 2.0%

 

0.3 – 3.5%

 

Weighted-average dividend yield

 

3.8%

 

3.4%

 

3.8%

 

Weighted-average volatility factor

 

34.9%

 

37.4%

 

41.1%

 

Exercise factor

 

32.1%

 

32.9%

 

34.4%

 

Post-vesting termination rate

 

5.0%

 

5.0%

 

5.0%

 

Expected life (years)

 

4.1

 

4.2

 

4.2

 

Summary of outstanding stock options

 

 

 

Number

 

Weighted-Average

 

 

 

of Shares

 

Exercise Price

 

Outstanding at September 30, 2012

 

2,873,954

 

$

21.18

 

Granted

 

508,650

 

20.78

 

Exercised

 

(189,199

)

20.16

 

Forfeited

 

(34,345

)

20.96

 

Expired

 

(113,658

)

22.51

 

Outstanding at September 30, 2013

 

3,045,402

 

21.13

 

 

 

 

 

 

 

Exercisable at September 30, 2013

 

2,060,321

 

21.11

 

Summary of outstanding restricted stock units

 

 

 

 

 

Weighted-Average

 

 

 

Number of

 

Grant Date

 

Time-Based Stock Awards 

 

Shares

 

Fair Value

 

Non-vested time-based stock awards at September 30, 2012

 

158,249

 

$

21.30

 

Granted

 

82,830

 

22.25

 

Vested

 

(115,995

)

22.72

 

Forfeited

 

(12,010

)

20.82

 

Non-vested time-based stock awards at September 30, 2013

 

113,074

 

20.59

 

Summary of outstanding performance-based units

 

 

 

 

 

Weighted-Average

 

 

 

Number of

 

Grant Date

 

Performance-Based Stock Awards 

 

Shares

 

Fair Value

 

Non-vested performance-based stock awards at September 30, 2012

 

1,215,459

 

$

21.14

 

Granted

 

778,942

 

20.76

 

Vested

 

(70,460

)

19.69

 

Forfeited

 

(516,947

)

19.82

 

Non-vested performance-based stock awards at September 30, 2013

 

1,406,994

 

21.49