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SHAREHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2014
Equity [Abstract]  
Summary of Changes in Shareholders' Equity

A summary of the changes in shareholders’ equity for the three months ended March 31, 2014 is as follows (in thousands, except share amounts):

 

     COMMON STOCK      PAID-IN
CAPITAL
     DIVIDENDS
PAID

IN EXCESS
OF EARNINGS
    TOTAL  
     SHARES      AMOUNT          

Balance, December 31, 2013

     33,397,260       $ 334       $ 462,397       $ (47,640   $ 415,091   

Net earnings

              9,638        9,638   

Dividends

              (6,752     (6,752

Stock-based employee compensation expense

     70         —           242           242   
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

 

Balance, March 31, 2014

     33,397,330       $ 334       $ 462,639       $ (44,754   $ 418,219