STOCK-BASED COMPENSATION

9 Months Ended

Sep. 30, 2014

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

7.	STOCK-BASED COMPENSATION

The Company did not issue any stock options during the three months ended September 30, 2014. 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, 2013.

During the three months ended September 30, 2014 no options were exercised for the purchase of shares of common stock. During the three months ended September 30, 2013, options were exercised for the purchase of 14,750 shares of common stock at a weighted-average exercise price of $6.40. During the nine months ended September 30, 2014 and 2013, options were exercised for the purchase of 30,697 shares of common stock at a weighted-average exercise price of $5.87 and 85,814 shares of common stock at a weighted-average exercise price of $5.93, 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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