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EARNINGS PER SHARE AND STOCK REPURCHASE (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data): 
 
2015
 
2014
 
2013
Numerator:
 
 
 
 
 
Net (loss) income
$
(25,364
)
 
$
15,320

 
$
7,232

Less: distributed loss / distributed and undistributed income (unvested restricted stock)
84

 
104

 
75

Net (loss) income attributable to common shareholders
$
(25,448
)
 
$
15,216

 
$
7,157

 
 
 
 
 
 
Denominator (basic):
 
 
 
 
 
Denominator for basic earnings per share-weighted-average shares
14,546

 
14,505

 
14,463

Basic (loss) earnings per share—common shareholders
$
(1.75
)
 
$
1.05

 
$
0.50

 
 
 
 
 
 
Denominator (diluted):
 
 
 
 
 
Denominator for basic earnings per share-weighted-average shares
14,546

 
14,505

 
14,463

Effect of dilutive securities: employee stock options

 

 
6

Denominator for dilutive earnings per share-weighted-average shares
14,546

 
14,505

 
14,469

Diluted (loss) earnings per share—common shareholders
$
(1.75
)
 
$
1.05

 
$
0.50