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SHAREHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 30, 2016
Stockholders' Equity Note [Abstract]  
Schedule of stock options

Presented below is information about stock options outstanding and exercisable as of September 30, 2016 and December 31, 2015:

 

    September 30, 2016     December 31, 2015  
    Shares     Price (1)     Shares     Price (1)  
                         
Stock options outstanding     390,525     $ 20.64       390,525     $ 20.64  
                                 
Stock options exercisable     376,084     $ 20.97       365,693     $ 21.17  

 

  (1) Represents the weighted average price.
Schedule of stock options outstanding and for stock options exercisable

The following table summarizes information for stock options outstanding and for stock options exercisable at September 30, 2016:

 

Options Outstanding     Options Exercisable  
Number     Exercise Price     Remaining     Number     Weighted  
of     Range     Weighted     Contractual     of     Average  
Shares     Low     High     Average     Term (years)     Shares     Exercise Price  
                                       
  56,786     $ 9.00     $ 9.00     $ 9.00       8.3       45,675     $ 9.00  
  49,504       12.48       12.48       12.48       6.8       49,504       12.48  
  98,396       13.92       17.10       15.01       3.1       98,396       15.01  
  185,839       22.62       30.24       29.35       1.3       182,509       29.48  
                                                     
  390,525     $ 9.00     $ 30.24     $ 20.64       3.5       376,084     $ 20.97