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STOCK OWNERSHIP AND BENEFIT PLANS (Tables)
12 Months Ended
Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of total stock-based compensation expense
The following table sets forth the total stock-based compensation expense included in the Consolidated Statements of Operations:
 
 
 
2014
 
2013
 
2012
Cost of products sold
 
$
309

 
$
304

 
$
324

General and administrative expenses
 
2,995

 
2,913

 
3,018

Selling and distribution expenses
 
284

 
184

 
1,101

Stock-based compensation expense before income taxes and discontinued operations
 
3,588

 
3,401

 
4,443

Income tax benefit
 
(970
)
 
(990
)
 
(864
)
Stock-based compensation expense before discontinued operations, net of income taxes
 
2,618

 
2,411

 
3,579

 
 
 
 
 
 
 
Discontinued operations
 
112

 

 

Income tax benefit
 
(38
)
 

 

Stock-based compensation expense in discontinued operations, net of income taxes
 
74

 

 

 
 
 
 
 
 
 
Stock-based compensation expense, net of income taxes
 
2,692

 
2,411

 
3,579

 
 
 
 
 
 
 
Earnings per share impact - Basic:
 
 

 
 

 
 

Continuing operations
 
$
0.19

 
$
0.18

 
$
0.27

Discontinued operations
 
$
0.01

 
$

 
$

Net income
 
$
0.20

 
$
0.18

 
$
0.27

Earnings per share impact - Diluted:
 
 
 
 
 
 
Continuing operations
 
$
0.19

 
$
0.18

 
$
0.27

Discontinued operations
 
$
0.01

 
$

 
$

Net income
 
$
0.20

 
$
0.18

 
$
0.27

Summary of the activity of nonvested shares of restricted stock
A summary of the activity of our nonvested shares of restricted stock issued under the 2006 Plan for the years ended December 31, 2014, 2013, and 2012 is as follows:
 
 
 
Shares
 
Weighted Average
Grant Date
Fair Value
Balance at December 31, 2011
 
261,829

 
$
30.59

Granted
 
116,900

 
20.74

Vested
 
(136,344
)
 
27.20

 
 


 


Balance at December 31, 2012
 
242,385

 
$
27.75

Granted
 
163,579

 
16.37

Vested
 
(216,851
)
 
27.95

Forfeited
 
(2,000
)
 
22.05

 
 


 


Balance at December 31, 2013
 
187,113

 
$
17.63

Granted
 
157,680

 
21.31

Vested
 
(81,823
)
 
18.55

Forfeited
 
(250
)
 
22.05

 
 
 
 
 
Balance at December 31, 2014
 
262,720

 
$
19.55

Summary of the activity of nonvested restricted stock units
A summary of the activity of our nonvested restricted stock units for the years ended December 31, 2014, 2013, and 2012 is as follows:
 
 
 
Share
Units
 
Weighted Average
Grant Date
Fair Value
Balance at December 31, 2011
 
53,998

 
$
20.43

Granted
 
50,200

 
20.44

Vested
 
(20,769
)
 
20.43

Forfeited
 
(3,000
)
 
21.15

 
 


 


Balance at December 31, 2012
 
80,429

 
$
20.41

Granted
 
56,217

 
15.67

Vested
 
(35,001
)
 
20.88

Forfeited
 
(2,300
)
 
19.01

 
 


 


Balance at December 31, 2013
 
99,345

 
$
17.59

Granted
 
33,895

 
21.25

Vested
 
(48,674
)
 
18.87

 
 
 
 
 
Balance at December 31, 2014
 
84,566

 
$
18.33