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STOCK COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2014

Summary of Stock Option Activity and Related Information

A summary of the Company’s stock option activity and related information for the nine months ended September 30, 2014 is as follows:

		Options				Weighted- average exercise price				Weighted- average remaining contractual life (years)				Aggregate intrinsic value
Options outstanding, January 1, 2014			2,371,650			$	12.75
Grants			394,400				18.83
Exercises			(339,331	)			8.44
Cancellations			(32,200	)			12.23
Expirations			(17,000	)			21.67
Options outstanding, September 30, 2014			2,377,519				14.32				6.19			$	7,681,733
Options exercisable, September 30, 2014			1,527,594				13.87				4.97			$	6,148,510

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- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (c)(1)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

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