Quarterly report pursuant to Section 13 or 15(d)

Share-Based Payments (Tables)

v3.20.4
Share-Based Payments (Tables)
3 Months Ended
Dec. 31, 2020
Share-based Payment Arrangement [Abstract]  
Restricted Stock Activity
The transactions for restricted shares and restricted share units for the three months ended December 31, 2020 were as follows:
Shares /Units Weighted-
average
Grant-date
Fair Value
Non-vested at September 30, 2020 750,322  $ 40.88 
Granted 499,050  30.06 
Vested (104,895) 56.11 
Expired or forfeited (36,667) 57.05 
Non-vested at December 31, 2020 1,107,810  $ 34.03 
Schedule of Assumptions Used in Estimating Fair Value The following table indicates the assumptions used in estimating the fair value of certain restricted share units granted during the three-month period ended December 31, 2020.
Three Months Ended
December 31, 2020
Expected volatility 42.9  %
Dividend yield 3.2  %
Average risk-free interest rate 0.2  %
Average expected term (years) 3.0