RELATED PARTY TRANSACTION RELATED PARTY TRANSACTION |
12 Months Ended |
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Sep. 30, 2019 | |
| Related Party Transactions [Abstract] | |
| RELATED PARTY TRANSACTION | <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">RELATED PARTY TRANSACTION:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2016, the Company purchased </font><font style="font-family:inherit;font-size:10pt;">970,000</font><font style="font-family:inherit;font-size:10pt;"> common shares from members of the Schawk family, including David A. Schawk (who is a member of the Board of Directors of the Company and the Company's Group President, SGK Brand Solutions) and certain family members of Mr. Schawk and/or trusts established for the benefit of Mr. Schawk or his family members. The purchase price for the shares purchase was </font><font style="font-family:inherit;font-size:10pt;">$50.69</font><font style="font-family:inherit;font-size:10pt;"> per share, which was equal to </font><font style="font-family:inherit;font-size:10pt;">96.76%</font><font style="font-family:inherit;font-size:10pt;"> of the average of the high and low trading prices for the common stock as reported on the Nasdaq Global Select Market on May 12, 2016.</font></div></div> |
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- References No definition available.
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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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