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Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2013
Compensation Plans [Abstract]  
Schedule of Assumptions Used to Estimate Fair Value

For purposes of determining the fair value of stock option awards granted, the Company used the Black-Scholes option pricing model and the assumptions set forth in the table below.

 

    2012  
Dividend yield     2.9 %
Expected volatility     44.2 %
Risk free rate of return     4.0 %
Expected lives     2.9 years
Schedule of Stock Option Activity

The following table summarizes the stock option activity of the Plans:

 

    Shares     Weighted
Average
Exercise Price
    Weighted
Average
Grant Date
Fair Value
    Weighted
Average
Remaining
Contractual
Life (Years)
 
Outstanding at December 31, 2010     1,172,150       9.30       4.46       6.7  
Granted     -       -       -       -  
Exercised     (843,450 )     9.58       4.48       5.0  
Canceled     -       -       -       -  
Outstanding at December 31, 2011     328,700       8.58       4.42       6.2  
Granted     9,830       8.59       32.57       5.6  
Exercised     (217,820 )     7.92       4.40       4.8  
Canceled     (250 )     8.69       4.57       6.3  
Outstanding at December 31, 2012     120,460       8.58       6.76       5.7  
Granted     -       -       -       -  
Exercised     (63,239 )     8.51       6.86       4.4  
Canceled     -       -       -       -  
Outstanding at December 31, 2013     57,221       8.66       6.65       5.0  
Exercisable Options Outstanding at December 31, 2013     46,851       8.66       6.89       5.0  
Non-Vested Options Outstanding at December 31, 2013     10,370       8.68       5.57       5.2