Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

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STOCKHOLDERS' EQUITY (Tables)
 9 Months Ended
Sep. 30, 2013
Stockholders' Equity Note [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

Options activity outstanding under the Company’s stock option plan as of September 30, 2013 and changes during the nine months ended September 30, 2013, were as follows:

(in thousands except per share data) Shares   Weighted-Average Exercise Price   Weighted- Average Remaining Contractual Term (in years)   Aggregate Intrinsic Value
Outstanding at December 31, 2012                 1   $            5.52   0.08   $ 17
Exercised                (1)                5.52          
Outstanding at September 30, 2013                  -   $                  -                      -   $                  -
Exercisable at September 30, 2013                  -   $                  -                      -   $                  -
Schedule of stock-based compensation programs recorded as expense [Table Text Block]

The following table summarizes the components of the Company’s stock-based compensation programs recorded as expense:

  Three Months Ended     Nine Months Ended 
  September 30,     September 30,
(in thousands) 2013   2012   2013   2012
Time lapse restricted stock:                      
Pre-tax compensation expense $         2,717   $       2,376 $           7,809 $         7,125
Tax benefit         (1,046)            (915)           (3,006)         (2,743)
Restricted stock expense, net of tax $         1,671   $       1,461 $           4,803 $         4,382
Schedule of unvested restricted stock units outstanding [Table Text Block]

The following table summarizes information on unvested restricted stock outstanding as of September 30, 2013:

 

  Number of Shares   Weighted-Average Grant-Date Fair Value
Unvested Restricted Stock Units at December 31, 2012          2,743   $ 16.41
Forfeited              (42)     17.19
Vested            (695)     13.34
Granted             463     23.75
Unvested Restricted Stock Units at September 30, 2013 2,469   $           18.65