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CAPITAL STOCK (Tables)
6 Months Ended
Jun. 30, 2015
Notes to Financial Statements  
Fair Value of each Option Grant
 

Three Months Ended

June 30, 2015

 

Six Months Ended

June 30,

  2014   2015   2014   2015
               
Risk-free interest rate 1.10%   1.17%   1.07%   1.16%
Expected lives 3.3 years   3.4 years   3.3 years   3.4 years
Expected volatility 45%   43%   45%   43%
Expected dividend yield 0%   0%   0%   0%
Summary of Company Stock Option Plans
     

Year Ended

December 31, 2014

Six Months Ended

June 30, 2015

     

 

 

 

Options

Weighted

Average

Exercise

Price

 

 

 

Options

Weighted

Average

Exercise

Price

  Outstanding at beginning of period   1,321,232   $ 10.386     1,074,251   $ 10.111  
    Granted at market   134,800   $ 16.398     29,046   $ 27.650  
    Cancelled   (218,926 ) $ 17.786     (27,585 ) $ 10.067  
    Exercised   (162,855 ) $ 7.234     (128,721 ) $ 8.816  
  Outstanding at end of period   1,074,251   $ 10.110     946,991   $ 10.826  
  Exercisable at end of period   729,175   $ 9.800     680,767   $ 10.688  

 

Stock Options Outstanding and Exercisable
Options Outstanding Options Exercisable  
Exercise Prices Number of
Options
Outstanding
at
June 30,
2015
Weighted
Average
Remaining
Contractual
Life in Years
Weighted
Average
Exercise
Price
Number of
Options
Exercisable
at
June 30,
2015
Weighted
Average
Exercise
Price
 
$  4.40 - $  6.90   226,753     5.40   $ 5.597     213,505   $ 5.529  
$  6.91 - $  8.34   209,299     8.32   $ 7.476     93,264   $ 7.585  
$  8.35 - $12.40   176,019     7.18   $ 9.445     127,538   $ 9.735  
$12.41 -$17.17   147,561     1.10   $ 13.752     143,487   $ 13.718  
$17.18 - $28.55   187,359     7.08   $ 19.890     102,973   $ 21.151  
$  4.40 - $28.55   946,991     6.04   $ 10.826     680,767   $ 10.688  
Employee Stock Purchase Plan

 

   

Three Months Ended

June 30

 

Six Months Ended

June 30

    2014   2015   2014   2015
                 
  Risk-free interest rate 0.23%   0.24%   0.23%   0.24%
  Expected lives 1.3 years   1.2 years   1.3 years   1.2 years
  Expected volatility 35%   36%   34%   35%
  Expected dividend yield 0%   0%   0%   0%