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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Activity of Non-Performance Based and Performance Based Options
A summary of the activity of non-performance-based and performance-based options as of December 31, 2016 is presented below:
 
 
 
Non-Performance-Based
 
Performance-Based
 
 
 
Shares
 
Weighted-
Average
Exercise
Price
 
Weighted
Average
Contractual
Term
 
Aggregate
Intrinsic
Value
$ (000)
 
Shares
 
Weighted-
Average
Exercise
Price
 
Weighted
Average
Contractual
Term
 
Aggregate
Intrinsic
Value
$  (000)
 
Under option, beginning of year
 
 
72,483
 
$
18.55
 
 
 
 
 
 
 
 
224,132
 
$
16.92
 
 
 
 
 
 
 
Granted
 
 
-
 
 
-
 
 
 
 
 
 
 
 
-
 
 
-
 
 
 
 
 
 
 
Exercised
 
 
(13,880)
 
 
14.38
 
 
 
 
$
200
 
 
(40,714)
 
 
14.68
 
 
 
 
$
765
 
Forfeited
 
 
-
 
 
-
 
 
 
 
 
 
 
 
(40,508)
 
 
19.67
 
 
 
 
 
 
 
Under option, end of year
 
 
58,603
 
$
14.76
 
 
1.14
 
$
1,620
 
 
142,910
 
$
15.06
 
 
1.22
 
$
3,909
 
Exercisable at end of year
 
 
58,603
 
$
14.76
 
 
1.14
 
$
1,620
 
 
142,910
 
$
15.06
 
 
1.22
 
$
3,909
 
 
A summary of the activity of non- performance-based and performance-based options as of December 31, 2015 is presented below:
 
 
 
Non-Performance-Based
 
Performance-Based
 
 
 
Shares
 
Weighted-
Average
Exercise
Price
 
Weighted
Average
Contractual
Term
 
Aggregate
Intrinsic
Value
$ (000)
 
Shares
 
Weighted-
Average
Exercise
Price
 
Weighted
Average
Contractual
Term
 
Aggregate
Intrinsic
Value
$ (000)
 
Under option, beginning of year
 
 
88,111
 
$
18.00
 
 
 
 
 
 
 
 
359,331
 
$
16.74
 
 
 
 
 
 
 
Granted
 
 
-
 
 
-
 
 
 
 
 
 
 
 
-
 
 
-
 
 
 
 
 
 
 
Exercised
 
 
(15,628)
 
 
15.47
 
 
 
 
$
242
 
 
(59,507)
 
 
15.39
 
 
 
 
$
916
 
Forfeited
 
 
-
 
 
-
 
 
 
 
 
 
 
 
(75,691)
 
 
17.37
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Under option, end of year
 
 
72,483
 
$
18.55
 
 
2.13
 
$
1,331
 
 
224,132
 
$
16.92
 
 
1.80
 
$
3,697
 
Exercisable at end of year
 
 
72,483
 
$
18.55
 
 
2.13
 
$
1,331
 
 
189,587
 
$
15.91
 
 
2.06
 
$
3,252
 
 
A summary of the activity of non- performance-based and performance-based options as of December 31, 2014 is presented below:
 
 
 
Non-Performance-Based
 
Performance-Based
 
 
 
Shares
 
Weighted-
Average
Exercise
Price
 
Weighted
Average
Contractual
Term
 
Aggregate
Intrinsic
Value
$ (000)
 
Shares
 
Weighted-
Average
Exercise
Price
 
Weighted
Average
Contractual
Term
 
Aggregate
Intrinsic
Value
$ (000)
 
Under option, beginning of year
 
 
115,459
 
$
17.24
 
 
 
 
 
 
 
 
371,000
 
$
16.76
 
 
 
 
 
 
 
Granted
 
 
-
 
 
-
 
 
 
 
 
 
 
 
-
 
 
-
 
 
 
 
 
 
 
Exercised
 
 
(25,395)
 
 
14.81
 
 
 
 
$
148
 
 
(6,477)
 
 
11.05
 
 
 
 
$
72
 
Forfeited
 
 
(1,953)
 
 
14.88
 
 
 
 
 
 
 
 
(5,192)
 
 
25.51
 
 
 
 
 
 
 
Under option, end of year
 
 
88,111
 
$
18.00
 
 
2.71
 
$
884
 
 
359,331
 
$
16.74
 
 
2.11
 
$
2,955
 
Exercisable at end of year
 
 
88,111
 
$
18.00
 
 
2.71
 
$
884
 
 
341,030
 
$
17.23
 
 
2.00
 
$
2,629
 
Summary of the Status of the Company's Restricted Stock Awards
A summary of the status of the Company’s restricted stock awards as of and for the years ended December 31, 2016, 2015 and 2014 is presented below:
 
 
 
2016
 
2015
 
2014
 
 
 
Shares
 
Weighted-
Average
Grant-Date
Fair  Value
 
Shares
 
Weighted-
Average
Grant-Date
Fair  Value
 
Shares
 
Weighted-
Average
Grant-Date
Fair  Value
 
Nonvested shares at beginning of year
 
 
285,326
 
$
17.29
 
 
323,151
 
$
13.46
 
 
377,725
 
$
11.78
 
Granted
 
 
155,751
 
 
29.26
 
 
71,000
 
 
23.46
 
 
82,047
 
 
20.99
 
Vested
 
 
(154,350)
 
 
13.10
 
 
(108,825)
 
 
9.96
 
 
(126,050)
 
 
13.12
 
Forfeited
 
 
(7,000)
 
 
23.80
 
 
-
 
 
-
 
 
(10,571)
 
 
15.61
 
Nonvested shares at end of year
 
 
279,727
 
 
26.10
 
 
285,326
 
 
17.29
 
 
323,151
 
 
13.46