This Palm Beach County company serves up challenging productions with a nice blend of local and New York City actors and a welcome infusion of talented directors and designers from across the nation. Artistic director Louis Tyrrell has an excellent instinct for play selection and maintains close relationships with several important playwrights. The result is a sophisticated level of theatrical artistry that sets the standard in South Florida. Some highlights this season: the sly and sophisticated comedy Red Herring,set during the McCarthy era (hey, red baiting can be a hoot!), and Lee Blessing's Black Sheep, also a dark comedy that takes aim at racial relations, the idle rich, and insipid pop culture.