STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2014

STOCK-BASED COMPENSATION [Abstract]

Shares Authorized and Outstanding Under the Restricted Stock Plan

The following table provides certain information regarding the shares authorized and outstanding under the Restricted Stock Plan at March 31, 2014:

Number of shares authorized for grants		800,000
Number of shares granted		(829,459	)
Number of shares forfeited		120,067
Number of shares available for future grants		90,608
Weighted-average grant price of granted shares	$	27.43

Changes in restricted stock for the three months ended March 31, 2014 were as follows:

	Number of Shares			Weighted Average Grant Price
Non-vested at December 31, 2013		211,510		$	36.17
Granted		44,300		$	97.17
Forfeited		(11,158	)	$	35.72
Vested		(31,147	)	$	38.14
Non-vested at March 31, 2014		213,505		$	48.48