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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of stock option grants assumptions used in valuation model

The fair value of the stock options granted was measured using the Black-Scholes valuation model with the following assumptions:

 

    Year Ended December 31,  
    2018     2017  
Expected volatility     29.3%       31.1 - 31.3%  
Expected life in years     5.5       5.5 - 6.0  
Risk-free interest rate     2.65%       2.08 - 2.15%  
Dividend yield     0%       0%
Schedule of stock option activity under the 2011 Long-Term Incentive Plan

A summary of stock option activity for the years ended December 31, 2018 and 2017, and changes during the years then ended is presented below:

 

      Stock
Options
    Weighted average
exercise price
    Weighted
average remaining
contractual term
    Aggregate
intrinsic value
 
Outstanding as of January 1, 2017       247,400     $ 8.75       5.90     $ 135  
Granted       262,000       7.30       9.20       81  
Exercised       (26,333 )     4.55                  
Forfeited       (47,267 )     6.74       6.80          
Outstanding as of January 1, 2018       435,800     $ 8.35       7.50     $ 216  
Granted       7,000       5.60                  
Exercised                              
Forfeited       (18,000 )     8.54                  
Outstanding as of December 31, 2018       424,800     $ 8.30       6.50     $ 22  
Exercisable as of December 31, 2018       411,133     $ 8.36       6.40     $ 22  
Schedule of weighted-average grant-date fair value of options, total intrinsic value of options exercised, and cash receipts from options exercised

A summary of the weighted-average grant-date fair value of options, total intrinsic value of options exercised, and cash receipts from options exercised is shown below:

 

    Year Ended December 31,  
    2018     2017  
Weighted-average fair value of options granted (per share)   $ 1.81     $ 2.40  
Intrinsic value gain of options exercised           81  
Cash receipts from exercise of options           120