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STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2015
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
The following table summarizes the activity relating to the Company’s stock options for the six-month period ended June 30, 2015:
 
 
 
 
 
 
 
Weighted-
 
 
 
 
 
 
 
Weighted-
 
Average
 
 
 
 
 
 
 
Average
 
Remaining
 
Aggregate
 
 
 
 
 
Exercise
 
Contractual
 
Intrinsic
 
 
 
Options
 
Price
 
Term
 
Value
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding at beginning of year
 
 
2,209,000
 
$
6.84
 
 
 
 
 
 
 
Granted
 
 
-
 
 
-
 
 
 
 
 
 
 
Exercised
 
 
(533,000)
 
 
4.00
 
 
 
 
 
 
 
Forfeited or expired
 
 
(344,000)
 
 
11.15
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding at end of period
 
 
1,332,000
 
$
6.85
 
 
6 years
 
$
1,346,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable at end of period
 
 
942,000
 
$
7.38
 
 
4 years
 
$
1,142,000
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The fair value of each option grant on the date of grant is estimated using the Black-Scholes option-pricing model reflecting the following weighted-average assumptions:
 
 
 
June 30,
 
 
 
2014
 
 
2015
 
 
 
 
 
 
 
 
Expected volatility
 
 
45.0
%
 
 
-
 
Expected life of options
 
 
4.0 years
 
 
 
-
 
Risk free interest rate
 
 
1.3
%
 
 
-
 
Dividend yield
 
 
0
%
 
 
-
 
Weighted average fair value of options granted during the period
 
$
2.13
 
 
$
-
 
Schedule of Nonvested Share Activity [Table Text Block]
A summary of all non-vested restricted stock for the six-month period ended June 30, 2015 is as follows:
 
 
 
 
 
Weighted-
 
 
 
Number of
 
Average
 
 
 
Non-vested
 
Grant Date
 
 
 
Shares
 
Fair Value
 
 
 
 
 
 
 
Restricted stock, non-vested, beginning of year
 
 
616,000
 
$
5.69
 
Granted
 
 
163,000
 
 
6.93
 
Vested
 
 
(59,000)
 
 
5.86
 
Forfeited
 
 
(24,000)
 
 
5.71
 
 
 
 
 
 
 
 
 
Restricted stock, non-vested, end of period
 
 
696,000
 
$
5.96
 
Schedule of Nonvested Performance-based Units Activity [Table Text Block]
The following table summarizes the activity relating to the Company’s performance shares for the six-month period ended June 30, 2015:
 
 
 
Non-vested
 
 
 
Shares
 
 
 
 
 
Performance shares, non-vested, beginning of year
 
 
23,000
 
Granted
 
 
-
 
Vested
 
 
-
 
Forfeited
 
 
(23,000)
 
 
 
 
 
 
Performance shares, non-vested, end of period
 
 
-