STOCK PLANS AND STOCK BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2015

					Weighted
			Weighted		Average
	Options		Average		Remaining	Aggregate
	Class A		Exercise		Contractual	Intrinsic
	Shares		Price		Term	Value

Outstanding, January 1, 2014	327,500		$	20.03
Granted	1,000		23.50
Exercised	(90,500	)	19.78
Forfeited or expired	(83,000	)	20.09

Outstanding, December 31, 2014	155,000		$	20.15	1.14	$	710,000


Granted	317,900		24.50
Exercised	(11,000	)	18.99
Forfeited or expired	—		—

Outstanding, June 30, 2015	461,900		$	23.18	3.90	$	1,204,000


Fully vested and expected to vest	461,900		$	23.18	3.90	$	1,204,000
Exercisable (vested) at June 30, 2015	128,000		$	19.91	0.42	$	753,000

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(in thousands)	2015		2014		2015		2014

Intrinsic value of options exercised	$	—	$	7	$	54	$	26
Cash received from options exercised, net of shares redeemed	—		97		119		117
Total fair value of options granted	1,140		—		1,140		—

	Restricted Stock Awards		Weighted-average grant date fair value per share
Outstanding, January 1, 2014	87,000		$	19.85
Granted	—
Forfeited or expired	(1,500	)	19.85
Earned and issued	(5,000	)	19.85

Outstanding, December 31, 2014	80,500		19.85


Granted	2,500		25.19
Forfeited or expired	—		—
Earned and issued	—		—

Outstanding, June 30, 2015	83,000		$	20.01

	Three Months Ended					Six Months Ended
	June 30,					June 30,
(in thousands)	2015		2014			2015		2014

Stock option expense (credit)	$	51	$	(18	)	$	56	$	13
Restricted stock award expense	$	74	$	180		$	147	$	255