TAXES ON INCOME (Tables)
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12 Months Ended |
Dec. 31, 2013
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Income Tax Disclosure [Abstract] |
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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 | | |