STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2013

STOCKHOLDERS' EQUITY [Abstract]

Assumptions used to estimate the fair values of the stock options granted

The following table presents the assumptions used to estimate the fair values of the stock options granted in the periods presented:

	September 2013			April 2013			May 2012
Risk-free interest rate		1.73	%		0.68	%		0.69	%
Expected volatility		33	%		37	%		54	%
Expected life (in years)		5			5			5
Dividend yield		-			-			-
Weighted-average estimated fair value of options granted during the year	$	85,000		$	79,000		$	110,000

Summary of Stock Options Activity

The summary of the stock options activity is as follows for year ended:

	Shares			Weighted Average Exercise Price
Outstanding at December 31, 2012		1,182,000		$	8.90
December 31, 2013
Options granted		30,000		$	16.88
Options exercised		(30,000	)		1.00
Options canceled or expired		15,000			30.79
Outstanding at end of year		1,167,000			9.03
Options exercisable at year end		1,132,000			8.55
Shares available for future grant		239,098			--

Schedule of Information Relating to Stock Options by Exercise Price

The following table summarizes information relating to stock options by exercise price at December 31, 2013:

		Outstanding Shares						Exercisable Shares
Option Exercise Price		Number of Shares		Weighted Average Life  (years)		Weighted  Average  Exercise  Price		Number of Shares		Weighted  Average Option Price
$	0.83 - 2.00		467,500		2.10	$	1.01		467,500	$	1.01
	4.00 - 6.00		242,000		3.41		4.69		242,000		4.69
	13.00 - 16.00		155,000		5.24		13.96		155,000		13.96
	17.00 - 19.00		85,000		5.77		17.73		70,000		17.69
	20.00 - 21.00		112,500		4.75		20.57		112,500		20.57
	26.00 - 30.00		105,000		5.82		28.02		85,000		27.74
			1,167,000		3.72	$	9.03		1,132,000	$	8.55