STOCK-BASED COMPENSATION

6 Months Ended

Jun. 30, 2013

Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]

7.	STOCK-BASED COMPENSATION

Stock compensation expense was $-0- for the three and six months ended June 30, 2013; and $100 and $200 for the three and six months ended June 30, 2012, respectively. Stock compensation expenses were included in selling, general and administrative expenses in the accompanying condensed consolidated statements of income. The Company did not issue any stock options during the three and six months ended June 30, 2013. For additional disclosures related to the Company’s stock-based compensation refer to Notes 2 and 4 of the Notes to the Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012.

During the three months ended June 30, 2013 and 2012, options were exercised for the purchase of 1,500 shares of common stock at a weighted-average exercise price of $6.90 and 9,800 shares of common stock at a weighted-average exercise price of $5.49, respectively. During the six months ended June 30, 2013 and 2012, options were exercised for the purchase of 71,064 shares of common stock at a weighted-average exercise price of $5.84 and 62,475 shares of common stock at a weighted average exercise price of $5.61, respectively.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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