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SHAREHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2015
SHAREHOLDERS' EQUITY [Abstract]  
Schedule of Share-based Compensation Arrangements
The following table provides certain information in connection with the Company’s share-based compensation arrangements as follows:

  
Year Ended December 31,
 
  
2015
  
2014
  
2013
 
  
(in thousands)
 
Restricted stock
 
$
2,930
  
$
1,525
  
$
120
 
Stock options
  
33
   
135
   
172
 
Total share-based compensation expense
 
$
2,963
  
$
1,660
  
$
292
 
             
Excess tax benefits from share-based awards
 
$
1,564
  
$
480
  
$
169
 
Intrinsic value of options exercised
 
$
1,124
  
$
5,172
  
$
583
 
Fair value of restricted stock vested
 
$
2,303
  
$
549
  
$
-
 
Summary of Stock Option Activity
A summary of the Company’s stock option activity for the period from January 1, 2013 to December 31, 2015 is as follows:

  
Number of Shares
  
Weighted Average
Option Exercise
Price
 
Outstanding at January 1, 2013
  
781,097
  
$
5.93
 
Granted
  
-
  
$
-
 
Exercised
  
(166,077
)
 
$
7.15
 
Cancelled
  
(88,499
)
 
$
11.77
 
Outstanding at December 31, 2013
  
526,521
  
$
4.56
 
Granted
  
-
  
$
-
 
Exercised
  
(302,735
)
 
$
5.13
 
Cancelled
  
(4,501
)
 
$
3.49
 
Outstanding at December 31, 2014
  
219,285
  
$
3.79
 
Granted
  
-
  
$
-
 
Exercised
  
(44,652
)
 
$
3.81
 
Cancelled
  
-
  
$
-
 
Outstanding at December 31, 2015
  
174,633
  
$
3.79
 
Summary of Information about Stock Options Outstanding and Exercisable in Select Price Range
A following table summarizes information about stock options outstanding and exercisable in a select price range as of December 31, 2015:

  
Options Outstanding and Exercisable
 
Range of Exercise Price
 
Shares Outstanding
and Exercisable
  
Weighted Average
Remaining
Contractual Life
(years)
  
Weighted Average Exercise
Price
  
Aggregate Intrinsic
Value
 
$2.45 - $4.40
  
174,633
   
5.60
  
$
3.79
  
$
4,500,825
 
Summary of Restricted Stock Activity
A summary of the Company’s restricted stock activity for the period from January 1, 2013 to December 31, 2015 is as follows:

  
Number of Shares
  
Weighted Average
Grant Date Fair
Value
 
Outstanding at January 1, 2013
  
-
  
$
-
 
Granted
  
250,000
  
$
8.23
 
Vested
  
-
  
$
-
 
Cancelled
  
(500
)
 
$
5.54
 
Outstanding at December 31, 2013
  
249,500
  
$
8.24
 
Granted
  
268,648
  
$
22.50
 
Vested
  
(68,988
)
 
$
7.96
 
Cancelled
  
(1,359
)
 
$
8.29
 
Outstanding at December 31, 2014
  
447,801
  
$
16.84
 
Granted
  
116,140
  
$
27.53
 
Vested
  
(145,134
)
 
$
15.87
 
Cancelled
  
-
  
$
-
 
Outstanding at December 31, 2015
  
418,807
  
$
20.14