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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock option activity
The following table summarizes the stock option activity during the year ended December 31, 2015 for all grants under the Equity Compensation Plan:
 
 
Options
 
Weighted
Average
Exercise
Price
Outstanding at January 1, 2015
 
384,435

 
$
10.52

Granted
 

 

Exercised
 
(367,935
)
 
10.33

Forfeited
 

 

Cancelled
 

 

Outstanding at December 31, 2015
 
16,500

 
14.83

Vested and expected to vest
 
16,500

 
14.83

Exercisable at December 31, 2015
 
16,500

 
$
14.83

Summary of stock options outstanding and exercisable by price range
A summary of stock options outstanding and exercisable by price range at December 31, 2015 is as follows (in thousands, except share and per share data):
 
 
Outstanding and Exercisable
 
 
Number of
Options
Outstanding
at December 31,
 
Weighted
Average
Remaining
Contractual
 
Weighted
Average
Exercise
 
Aggregate
Intrinsic
Exercise Price
 
2015
 
Life (Years)
 
Price
 
Value (A)
$10.04-$12.70
 
1,750
 
1.5
 
$
11.78

 
$
75

$14.16-$14.39
 
10,500
 
0.3
 
$
14.38

 
$
421

$15.22-$18.34
 
4,250
 
1.5
 
$
17.21

 
$
158

Total
 
16,500
 
0.88
 
$
14.83

 
$
654


_______________________________________________
(A) The difference between the stock option’s exercise price and the closing price of the common stock at December 31, 2015.
Restricted stock and units activity
The following table summarizes the activity related to restricted stock unit ("RSU") share based payment awards:
 
 
Number of
Shares
 
Weighted-
Average
Grant-Date
Fair Value
Unvested, January 1, 2015
 
213,113

 
$
32.94

Granted
 
91,811

 
41.09

Vested
 
(138,926
)
 
32.93

Forfeited
 
(1,324
)
 
33.54

Unvested, December 31, 2015
 
164,674

 
$
37.49

The following table summarizes the activity related to restricted stock award ("RSA") share based payment awards:
 
 
Number of
Shares
 
Weighted-
Average
Grant-Date
Fair Value
Unvested, January 1, 2015
 
186,471

 
$
24.47

Granted
 
770,205

 
43.49

Vested
 
(169,352
)
 
22.82

Forfeited
 

 

Unvested, December 31, 2015
 
787,324

 
$
43.43

Schedule of nonvested performance-based units activity
The following table summarizes the activity related to performance unit awards ("PSU") share based payment awards:
 
 
Number of
Shares
 
Weighted-
Average
Grant-Date
Fair Value
Unvested, January 1, 2015
 
71,868

 
$
39.42

Granted
 
32,632

 
35.98

Vested
 
(35,776
)
 
32.56

Forfeited
 

 

Unvested, December 31, 2015
 
68,724

 
$
34.63