|6 Months Ended|
Mar. 31, 2019
|Stockholders' Equity Note [Abstract]|
Note 8 Stockholders’ Equity
On June 26, 2017, the board of directors approved a resolution authorizing a $0.02 per share (and per warrant) dividend payment on July 12, 2017, for common and preferred series C shareholders and warrant holders of record as of July 5, 2017 and for three subsequent quarterly record dates thereafter. During the three and six months ended April 1, 2018, Optex Systems Holdings recorded $262 and $523 thousand in declared dividends for share and warrant holders of record as of the 12th day of January and April 2018. The dividends were paid on the 19th of each of the respective months with the last payment on April 19, 2018. As of period ended March 31, 2019, there were no declared or outstanding dividends payable.
As of September 30, 2018, the outstanding common shares were 8,333,353. On January 7, 2019, there were 55,565 common shares issued, net of tax withholding, in settlement of 82,500 restricted stock units which vested on January 1, 2019. As of March 31, 2019, the outstanding common shares are 8,388,918.
Series C Preferred Stock
During the six months ended April 1, 2018 there were no new issues of preferred Series C shares. As of September 30, 2018 and December 31, 2018, there were zero preferred Series C shares outstanding.
The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef