Quarterly report [Sections 13 or 15(d)]

Share-Based Compensation (Tables)

v3.25.1
Share-Based Compensation (Tables)
 6 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Compensation Expense
The following table summarizes the components of share-based compensation expense included in general and administrative expenses and acquisition-related expenses in the Consolidated Statements of Comprehensive Income during the three and six months ended March 31, 2025 and 2024 (unaudited, in thousands):
For the Three Months Ended March 31,
2025 2024
Equity classified awards $ 3,369  $ 2,556 
Liability classified awards 1,111  776 
Employee stock purchase plan 192  221 
Total share-based compensation expense $ 4,672  $ 3,553 
For the Six Months Ended March 31,
2025 2024
Equity classified awards $ 17,043  $ 5,339 
Liability classified awards 1,840  882 
Employee stock purchase plan 514  378 
Total share-based compensation expense $ 19,397  $ 6,599 
Schedule of Nonvested Restricted Stock Units Activity A summary of the changes in the Company’s restricted stock units is as follows (in thousands, except share data):
For the Six Months Ended March 31,
2025 2024
RSUs Weighted Average Grant Date Fair Value Per RSU RSUs Weighted Average Grant Date Fair Value Per RSU
Unvested shares, beginning balance 509,171 31.59 824,280 28.08
Shares awarded 321,995 77.07 67,811 43.67
Shares vested (59,295) 47.82 (2,500) 27.72
Shares forfeited (2,091) 30.40 (524) 30.49
Unvested shares, ending balance 769,780 48.59 889,067 29.56
Aggregate grant date fair value of shares awarded $ 24,816  $ 2,961 
Compensation expense recorded upon vesting of awards $ 5,495  $ 3,829 
Unrecognized compensation expense at fiscal year-end $ 25,707  $ 8,899 
Weighted average recognition period remaining, in years 4.13 2.78
Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Expected to Vest
The restricted shares granted under the Equity Incentive Plan will vest, as applicable, as follows:
Fiscal Year Number of Shares
2025 330,266 
2026 88,066 
2027 45,309 
2028 170,299 
2029 135,840 
Total 769,780