STOCK OWNERSHIP AND BENEFIT PLANS (Tables)

12 Months Ended

Dec. 31, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of total stock-based compensation expense

The following table sets forth the total stock-based compensation expense included in the Consolidated Statements of Operations:

	2017		2016		2015
Cost of products sold	$	282	$	235	$	243
General and administrative expenses	2,337		1,755		2,240
Selling and distribution expenses	356		336		343
Restructuring expense	—		74		536
Stock-based compensation expense before income taxes	2,975		2,400		3,362
Income tax benefit	—		—		(915		)
Stock-based compensation expense, net of income taxes	2,975		2,400		2,447
Earnings per share impact
Basic	$	0.21	$	0.17	$	0.18
Diluted	$	0.21	$	0.17	$	0.18

Summary of the activity of nonvested shares of restricted stock

A summary of the activity of our nonvested shares of RSAs issued under the 2016 Plan for the year ended December 31, 2017 is as follows:

	Shares		Weighted Average Grant Date Fair Value
Balance at December 31, 2016	—		$	—
Granted	260,095		15.27
Vested	(4,027	)	13.05
Forfeited	—		—
Balance at December 31, 2017	256,068		$	15.31

A summary of the activity of our nonvested shares of RSAs issued under the 2006 Plan for the years ended December 31, 2017, 2016, and 2015 is as follows:

	Shares		Weighted Average Grant Date Fair Value
Balance at December 31, 2014	262,720		$	19.55
Granted	148,972		14.65
Vested	(157,673	)	18.81
Forfeited	(12,332	)	18.82
Balance at December 31, 2015	241,687		$	19.55
Granted	228,532		8.07
Vested	(144,008	)	15.08
Forfeited	(42,634	)	10.82
Balance at December 31, 2016	283,577		$	11.74
Granted	—		—
Vested	(130,547	)	12.41
Forfeited	—		—
Balance at December 31, 2017	153,030		$	11.74

Summary of the activity of nonvested restricted stock units

A summary of the activity of our nonvested RSUs issued under the 2016 Plan for the year ended December 31, 2017 is as follows:

	Shares		Weighted Average Grant Date Fair Value
Balance at December 31, 2016	—		$	—
Granted	73,000		15.62
Vested	—		—
Forfeited	(500	)	15.60
Balance at December 31, 2017	72,500		$	15.62

A summary of the activity of our nonvested RSUs issued under the 2006 Plan for the years ended December 31, 2017, 2016, and 2015 is as follows:

	Share Units		Weighted Average Grant Date Fair Value
Balance at December 31, 2014	84,566		$	18.33
Granted	50,167		13.90
Vested	(38,405	)	17.58
Forfeited	(9,166	)	14.23
Balance at December 31, 2015	87,162		$	18.33
Granted	48,855		6.88
Vested	(40,836	)	16.24
Forfeited	—		—
Balance at December 31, 2016	95,181		$	16.54
Granted	—		—
Vested	(36,450	)	13.30
Forfeited	(333	)	6.22
Balance at December 31, 2017	58,398		$	11.71

Schedule of the activity of nonvested performance stock units

A summary of the activity of our nonvested PSUs issued under the 2016 Plan for the year ended December 31, 2017 is as follows:

	Shares	Weighted Average Grant Date Fair Value
Balance at December 31, 2016	—	$	—
Granted	23,000	18.18
Vested	—	—
Forfeited	—	—
Balance at December 31, 2017	23,000	$	18.18

Schedule of total unrecognized stock-based compensation related to unvested awards

As of December 31, 2017, total unrecognized stock-based compensation related to unvested awards was as follows:

	Unrecognized stock compensation		Weighted-average recognition period
Unvested RSAs	$	3,493	2.2 years
Unvested RSUs	1,281		2.0 years
Unvested PSUs	428		2.0 years