TAXES ON INCOME (Details 5) (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | |||||||
---|---|---|---|---|---|---|---|---|
Dec. 31, 2013
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Dec. 31, 2012
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Dec. 31, 2011
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Income before taxes, as reported in the consolidated statements of income | $ 18,431 | $ 16,554 | $ 15,063 | |||||
Statutory tax rate | 25.00% | 25.00% | 24.00% | |||||
Theoretical tax expenses on the above amount at the Israeli statutory tax rate | 4,609 | 4,139 | 3,615 | |||||
Tax adjustment in respect of different tax rates | 484 | 444 | 866 | |||||
Deferred taxes on losses for which full valuation allowance was provided in the past | (304) | 651 | (37) | |||||
Changes in valuation allowance | 0 | (2,003) | (4,429) | |||||
Tax benefits in respect of prior years, net | 203 | (1,126) | (73) | [1] | ||||
Nondeductible expenses | 95 | 20 | 40 | |||||
Uncertain tax position and other differences | (3,512) | (2,031) | (185) | [2] | ||||
Income tax (tax benefit) | $ 1,575 | $ 94 | $ (203) | |||||
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