Quarterly report pursuant to Section 13 or 15(d)

Repurchase of Common Stock

Repurchase of Common Stock

9 Months Ended

Jun. 30, 2018

As of June 30, 2018, our Board of Directors authorized management to use up to $50.0 million to repurchase stock in open market transactions under our Stock Repurchase Program.

During the June quarter of fiscal year 2018, we purchased 63,300 shares of our common stock for a total cost of $1.2 million. Through June 30, 2018, we have purchased 3,176,845 shares of our common stock for an aggregate of $44.4 million since the inception of our Stock Repurchase Program. All purchases were made at the discretion of management and pursuant to the safe harbor provisions of SEC Rule 10b-18. As of June 30, 2018, $5.6 million remained available for future purchases under our Stock Repurchase Program, which does not have an expiration date.

The following table summarizes the purchases of our common stock for the quarter ended June 30, 2018:



Period	Total Number of Shares Purchased	Average Price Paid per Share	Total Number of Shares Purchased as Part of Publicly Announced Plans	Dollar Value of Shares that May Yet Be Purchased Under the Plans
April 1, 2018 to May 5, 2018	28,000	$18.47	28,000		$6.3	million
May 6, 2018 to June 2, 2018	24,000	19.70	24,000	5.8		million
June 3, 2018 to June 30, 2018	11,300	19.22	11,300	5.6		million
Total	63,300	$19.07	63,300		$5.6	million