STOCK-BASED COMPENSATION PLANS (Tables)

9 Months Ended

Sep. 30, 2014

Postemployment Benefits [Abstract]

Schedule of Assumptions Used in Black-Scholes Option-Pricing Model

Compensation costs for stock options have been estimated on the grant date using the Black-Scholes option-pricing method. The weighted average assumptions used in the Black-Scholes option-pricing model are as follows:

	Nine months ended September 30,
	2014	2013
Dividend yield	2.8%	2.0%
Expected volatility	43.0%	43.1%
Risk-free interest rate	1.8%	1.1%
Expected option term (years)	6.0 years	6.0 years

Summary of Activity Related to Company's Restricted Stock

summary of the activity related to the Company’s restricted stock for the nine months ended September 30, 2014 and 2013 is as follows:

	Nine months ended September 30,
	2014					2013
	Shares			Weighted-Avg. Grant-Date Fair Value		Shares			Weighted-Avg. Grant-Date Fair Value
Unvested shares, beginning of period		75		$	48		65		$	42
Granted (1)		55			47		65			50
Vested		(1	)		12		(10	)		42
Unvested shares, end of period		129			48		120			46

(1) The total value of the restricted share grants for the nine months ended September 30, 2014 and 2013 was $2,566 and $3,271, respectively.

Summary of Stock Option Activity Under All Plans

A summary of stock option activity under all plans for the nine months ended September 30, 2014 and 2013, is presented below:

	Nine months ended September 30,
	2014					2013
	Shares			Exercise Price		Shares			Exercise Price
Options outstanding, beginning of period		539		$	36		685		$	34
Granted		35			47		29			50
Exercised		(296	)		32		(75	)		28
Options outstanding, end of period (1)		278			42		639			35
Options exercisable, end of period (1)		216			41		587			34
Options vested and expected to vest, end of period (1)		275			42		637			35
Weighted average fair value of options granted during the period	$	15.21				$	17.26

(1) At September 30, 2014, the aggregate intrinsic value of stock options outstanding, exercisable and vested/expected to vest was $2,569, $2,329 and $2,558, respectively. At that same date, the weighted average remaining contractual lives of stock options outstanding, exercisable and vested/expected to vest was 4.4 years, 3.2 years and 4.4 years, respectively.

Schedule of Outstanding Options into Two Ranges, Based on Exercise Prices

At September 30, 2014, the Company segregated its outstanding options into two ranges, based on exercise prices, as follows:

Option Ranges	Options Outstanding						Options Exercisable
	Shares		Weighted Avg. Exercise Price		Weighted Avg. Life (Years)		Shares		Weighted Avg. Exercise Price
$12.22 - $45.70		128	$	35		3.6		119	$	34
$46.93 - $50.30		150		48		5.0		97		48
Total		278		42		4.4		216		41