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SHARE-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Compensation cost arising from share-based arrangements

The Company recognized compensation expense from share-based arrangements shown in the following table:



	Three Months Ended March 31,
	2013		2012
	(In thousands)
Recognition of fair value of restricted stock units, stock options and SARs over vesting period; and issuance of stock	$	1,663	$	744
Contributions of stock to the Company’s 401(k) plan	723		1,158
Total share-based compensation expense	$	2,386	$	1,902

Summary of Restricted Stock Unit activity

A summary of restricted stock award activity for three months ended March 31, 2013 is as follows:



	Units	Weighted Average Grant-Date Fair Value		Unamortized Compensation Expense (In thousands)
Non-vested at December 31, 2012	680,173	$	8.88
Non-vested at March 31, 2013	680,173	$	8.88	$	3,378	⁽¹⁾

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(1)	Expected to be recognized over the next three years.

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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