v2.4.0.6
TAXES ON INCOME (Tables)
12 Months Ended
Dec. 31, 2013
Income Tax Disclosure [Abstract]  
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]
Income before taxes on income:
 
 
 
Year ended December 31,
 
 
 
2011
 
2012
 
 
2013
 
 
 
 
 
 
 
 
 
 
 
 
Domestic
 
$
7,197
 
$
10,462
 
$
16,165
 
Foreign
 
 
7,866
 
 
6,092
 
 
2,266
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
15,063
 
$
16,554
 
$
18,431
 
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
Taxes on income (tax benefit) consist of the following:
 
 
 
Year ended December 31,
 
 
 
2011
 
2012
 
 
2013
 
Current:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Domestic
 
$
447
 
$
(1,291)
 
$
(1,277)
 
Foreign
 
 
1,000
 
 
302
 
 
781
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1,447
 
 
(989)
 
 
(496)
 
Deferred taxes:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Domestic
 
 
(1,800)
 
 
414
 
 
2,673
 
Foreign
 
 
150
 
 
669
 
 
(602)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1,650)
 
 
1,083
 
 
2,071
 
 
 
 
 
 
 
 
 
 
 
 
Taxes on income (tax benefit)
 
$
(203)
 
$
94
 
$
1,575
 
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
Significant components of the Company and its subsidiaries deferred tax assets are as follows:
 
 
 
December 31,
 
 
 
2012
 
 
2013
 
 
 
 
 
 
 
 
 
Net operating loss carryforwards
 
$
5,938
 
$
5,293
 
Allowances, reserves and intangible assets
 
 
809
 
 
1,207
 
 
 
 
 
 
 
 
 
Deferred tax assets before valuation allowance
 
 
6,747
 
 
6,500
 
Less - valuation allowance
 
 
(888)
 
 
(1,154)
 
 
 
 
 
 
 
 
 
Deferred tax assets
 
 
5,859
 
 
5,346
 
Capitalized software costs
 
 
(1,772)
 
 
(1,723)
 
 
 
 
 
 
 
 
 
Deferred tax assets, net
 
$
4,087
 
$
3,623
 
Schedule Of Deferred Tax Assets [Table Text Block]
Both current deferred tax liabilities and long term deferred tax liabilities are in respect of acquired intangible assets.
 
 
 
December 31,
 
 
 
2012
 
 
2011
 
 
 
 
 
 
 
 
 
Current tax assets
 
$
2,522
 
$
1,949
 
Non-current tax assets
 
 
1,565
 
 
1,674
 
 
 
 
 
 
 
 
 
Deferred tax assets
 
$
4,087
 
$
3,623
 
Schedule Of Deferred Tax Liabilities [Table Text Block]
Significant components of the Company and its subsidiaries deferred tax liability are as follows:
 
 
 
December 31,
 
 
 
2012
 
 
2013
 
 
 
 
 
 
 
 
 
Current liabilities
 
$
3,422
 
$
2,567
 
Non-current liabilities
 
 
750
 
 
2,204
 
 
 
 
 
 
 
 
 
Net deferred tax liabilities
 
$
4,172
 
$
4,771
 
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
Reconciling items between the 2011, 2012 and 2013 statutory tax rate (24%, 25% and 25%, respectively) of the Company and the effective tax rate is presented in the following table:
 
 
 
Year ended December 31,
 
 
 
2011
 
 
2012
 
 
2013
 
 
 
 
 
 
 
 
 
 
 
 
 
Income before taxes, as reported in the consolidated statements of income
 
$
15,063
 
 
$
16,554
 
$
18,431
 
 
 
 
 
 
 
 
 
 
 
 
 
Statutory tax rate
 
 
24
%
 
 
25
%
 
25
%
 
 
 
 
 
 
 
 
 
 
 
 
Theoretical tax expenses on the above amount at the Israeli statutory tax rate
 
$
3,615
 
 
$
4,139
 
$
4,609
 
Tax adjustment in respect of different tax rates
 
 
866
 
 
 
444
 
 
484
 
Deferred taxes on losses for which full valuation allowance was provided in the past
 
 
(37)
 
 
 
651
 
 
(304)
 
Changes in valuation allowance
 
 
(4,429)
 
 
 
(2,003)
 
 
-
 
Tax benefits in respect of prior years, net
 
 
(73)
 
 
*)
(1,126)
 
 
203
 
Nondeductible expenses
 
 
40
 
 
 
20
 
 
95
 
Uncertain tax position and other differences
 
 
(185)
 
 
**)
(2,031)
 
 
(3,512)
 
 
 
 
 
 
 
 
 
 
 
 
 
Income tax (tax benefit)
 
$
(203)
 
 
$
94
 
$
1,575
 
 
*)
In 2012, the Company reversed its write-off of tax prepayment advances from prior years since the Company believes the utilization of the prepayments is more-likely-than not in the near future.
**)
This amount is mainly comprised of tax provisions reversal due to statute of limitation of prior years' tax assessments amounting to $1,270.
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]
A reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits is as follows:
 
Gross unrecognized tax positions at January 1, 2012
 
$
3,528
 
 
 
 
 
 
Increase in tax positions taken in prior years
 
 
270
 
 
 
 
 
 
Decrease in tax positions taken in prior years
 
 
(489)
 
 
 
 
 
 
Gross unrecognized tax benefits at December 31, 2012
 
 
3,309
 
 
 
 
 
 
Increase in tax positions taken in prior years
 
 
-
 
 
 
 
 
 
Decrease in tax positions taken in prior years
 
 
(2,811)
 
 
 
 
 
 
Gross unrecognized tax benefits at December 31, 2013
 
$
498