EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

Reconciliation of Components Used in Computation of Basic and Diluted EPS

The following table presents a reconciliation of the shares used in the computation of Basic EPS and Diluted EPS (in thousands):

	Three Months Ended
	March 31,
	2016	2015
Shares
Basic shares outstanding	20,611	22,965
Dilutive effect of outstanding director units and stock options	278	274
Diluted shares outstanding	20,889	23,239