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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2012
STOCK-BASED COMPENSATION  
Summary of restricted stock units and weighted average exercise prices

 

 

 
  Employee Awards   Director Awards  
 
  Shares   Weighted
Average
Grant Date
Fair Value
  Shares   Weighted
Average
Grant Date
Fair Value
 

Nonvested at December 31, 2009

    986,461   $ 12.29     129,123   $ 13.21  

Granted

   
454,950
   
18.45
   
75,710
   
18.48
 

Vested

    (585,228 )   11.36     (71,079 )   12.86  

Forfeited

    (48,112 )   13.99          
                       

Nonvested at December 31, 2010

    808,071   $ 16.33     133,754   $ 16.38  

Granted

   
487,620
   
25.25
   
59,698
   
25.72
 

Vested

    (374,067 )   14.61     (62,533 )   15.46  

Forfeited

    (28,101 )   19.17     (15,001 )   20.80  
                       

Nonvested at December 31, 2011

    893,523   $ 21.84     115,918   $ 21.12  

Granted

   
468,500
   
20.47
   
63,497
   
22.35
 

Vested

    (318,927 )   20.17     (58,059 )   19.34  

Forfeited

    (231,537 )   21.26          
                       

Nonvested at December 31, 2012

    811,559   $ 21.76     121,356   $ 22.62  
                       
Summary of option activity and weighted average exercise prices

 

 

 
  Employee Awards   Director Awards   Non-Qualified Awards  
 
  Shares   Weighted
Average Exercise
Price
  Shares   Weighted
Average Exercise
Price
  Shares   Weighted
Average Exercise
Price
 

Outstanding at December 31, 2009

    764,332   $ 13.74     95,464   $ 11.46     406,000   $ 5.95  

Granted

                         

Terminated

    (1,500 )   4.63                  

Exercised

    (328,332 )   14.16     (15,373 )   13.82     (30,000 )   5.50  
                                 

Outstanding at December 31, 2010

    434,500   $ 13.45     80,091   $ 11.08     376,000   $ 5.98  

Granted

                         

Terminated

            (10,373 )   10.79          

Exercised

            (41,459 )   10.38     (376,000 )   5.98  
                                 

Outstanding at December 31, 2011

    434,500   $ 13.45     28,259   $ 11.99       $  

Granted

                         

Terminated

    (1,500 )   15.60                  

Exercised

    (230,000 )   14.82     (9,404 )   16.04          
                                 

Outstanding at December 31, 2012

    203,000   $ 11.88     18,855   $ 10.02       $  
                                 

Aggregate intrinsic value at December 31, 2012

  $ 2,411,300         $ 189,003         $        

Weighted average remaining contractual term (years)

    1.0           1.0                  
Summary of the options vested and exercisable

 

 

 
  Employee
Plans
  Director
Plans
  Non-Qualified
Awards
 

2012

    203,000     18,855      

2011

    434,500     28,259      

2010

    434,500     80,091     376,000  
Summary of information concerning outstanding and exercisable options

 

 

 
  Options Outstanding and
Exercisable
 
 
   
  Weighted Average  
Range of
Exercise Prices
  Number of
Options
or Awards
  Remaining
Life (Years)
  Exercise
Price
 

$  5.09 to $12.00

    113,482     1.1     8.02  

  12.10 to  17.60

    108,373     1.0     15.60  
               

 

    221,855     1.0   $ 11.72