Annual report pursuant to Section 13 and 15(d)

Share-Based Compensation (Tables)

v2.3.0.15
Share-Based Compensation (Tables)
12 Months Ended
Sep. 30, 2011
Share-Based Compensation  
Schedule of stock-based compensation costs

 

 

 

Fiscal Year Ended September 30,

 

 

 

2011

 

2010

 

2009

 

Stock-based compensation cost

 

$

11.7

 

$

7.6

 

$

6.7

 

Less: Income tax benefit

 

4.3

 

2.6

 

2.5

 

Stock-based compensation cost, net of tax

 

$

7.4

 

$

5.0

 

$

4.2

 

Summary of assumptions used in determining fair value of options

 

 

 

Fiscal Year Ended September 30,

 

 

 

2011

 

2010

 

2009

 

Risk-free interest rate

 

0.3 – 3.5%

 

0.3 – 4.0%

 

0.4 – 2.9%

 

Weighted-average dividend yield

 

3.8%

 

4.0%

 

5.0%

 

Weighted-average volatility factor

 

41.1%

 

42.2%

 

41.5%

 

Exercise factor

 

34.4%

 

35.7%

 

36.3%

 

Post-vesting termination rate

 

5.0%

 

5.0%

 

5.0%

 

Expected life (years)

 

4.2

 

4.2

 

4.1

 

Summary of outstanding stock options

 

 

 

Number

 

Weighted-Average

 

 

 

of Shares

 

Exercise Price

 

Outstanding at September 30, 2010

 

2,374,286

 

$

21.38

 

Granted

 

555,679

 

19.78

 

Exercised

 

(48,837

)

19.06

 

Forfeited

 

(62,038

)

20.10

 

Expired

 

(77,714

)

22.38

 

Outstanding at September 30, 2011

 

2,741,376

 

$

21.10

 

 

 

 

 

 

 

Exercisable at September 30, 2011

 

1,792,600

 

$

22.35

 

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, 2010

 

125,986

 

$

22.85

 

Granted

 

140,652

 

21.38

 

Vested

 

(72,344

)

22.19

 

Forfeited

 

(17,152

)

22.02

 

Non-vested time-based stock awards at September 30, 2011

 

177,142

 

$

22.03

 

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, 2010

 

1,020,599

 

$

16.80

 

Granted

 

587,481

 

19.66

 

Vested

 

(374,087

)

14.89

 

Forfeited

 

(205,323

)

16.16

 

Non-vested performance-based stock awards at September 30, 2011

 

1,028,670

 

$

19.26