TAXES ON INCOME (Tables)
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12 Months Ended |
Dec. 31, 2014
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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, | | | | 2012 | | 2013 | | 2014 | | | | | | | | | | | | | Domestic | | $ | 10,462 | | $ | 16,165 | | $ | 14,690 | | Foreign | | | 6,092 | | | 2,266 | | | 4,183 | | | | | | | | | | | | | | | $ | 16,554 | | $ | 18,431 | | $ | 18,873 | | |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
Taxes on income (tax benefit) consist of the following: | | Year ended December 31, | | | | 2012 | | 2013 | | 2014 | | Current: | | | | | | | | | | | | | | | | | | | | | | Domestic | | $ | (1,291) | | $ | (1,277) | | $ | 241 | | Foreign | | | 302 | | | 781 | | | 689 | | | | | | | | | | | | | | | | (989) | | | (496) | | | 930 | | Deferred taxes: | | | | | | | | | | | | | | | | | | | | | | Domestic | | | 414 | | | 2,673 | | | 2,575 | | Foreign | | | 669 | | | (602) | | | (1,198) | | | | | | | | | | | | | | | | 1,083 | | | 2,071 | | | 1,377 | | | | | | | | | | | | | Taxes on income (tax benefit) | | $ | 94 | | $ | 1,575 | | $ | 2,307 | | |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
Deferred taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company and its subsidiaries deferred tax assets are as follows: | | December 31, | | | | 2013 | | 2014 | | | | | | | | | | Net operating loss carryforwards | | $ | 5,293 | | $ | 4,627 | | Allowances, reserves and intangible assets | | | 1,207 | | | 1,080 | | | | | | | | | | Deferred tax assets before valuation allowance | | | 6,500 | | | 5,707 | | Less - valuation allowance | | | (1,154) | | | (3,570) | | | | | | | | | | Deferred tax assets | | | 5,346 | | | 2,137 | | Capitalized software costs | | | (1,723) | | | - | | | | | | | | | | Deferred tax assets, net | | $ | 3,623 | | $ | 2,137 | | |
Schedule Of Deferred Tax Assets [Table Text Block] |
| | December 31, | | | | 2013 | | 2014 | | | | | | | | Current tax assets | | $ | 1,949 | | $ | 554 | | Non-current tax assets | | | 1,674 | | | 1,583 | | | | | | | | | | Deferred tax assets | | $ | 3,623 | | $ | 2,137 | | |
Schedule Of Deferred Tax Liabilities [Table Text Block] |
Significant components of the Company and its subsidiaries deferred tax liability are as follows: | | December 31, | | | | 2013 | | 2014 | | | | | | | | Current tax liabilities | | $ | 2,567 | | $ | 760 | | Non-current tax liabilities | | | 2,204 | | | 4,086 | | | | | | | | | | Net deferred tax liabilities | | $ | 4,771 | | $ | 4,846 | | |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
Reconciling items between the 2012, 2013 and 2014 statutory tax rate (25%, 25% and 26.5%, respectively) of the Company and the effective tax rate is presented in the following table: | | Year ended December 31, | | | | 2012 | | | 2013 | | | 2014 | | | | | | | | | | | | Income before taxes, as reported in the consolidated statements of income | | $ | 16,554 | | | $ | 18,431 | | | $ | 18,873 | | | | | | | | | | | | | | | Statutory tax rate | | | 25 | % | | | 25 | % | | | 26.5 | % | | | | | | | | | | | | | | Theoretical tax expenses on the above amount at the Israeli statutory tax rate | | $ | 4,139 | | | $ | 4,609 | | | $ | 5,001 | | Tax adjustment in respect of different tax rates | | | 444 | | | | 484 | | | | 80 | | Deferred taxes on losses for which full valuation allowance was provided in the past | | | 651 | | | | (304) | | | | 236 | | Changes in valuation allowance | | | (2,003) | | | | - | | | | - | | Tax benefits in respect of prior years, net | | | (1,126) | *) | | | 203 | | | | (516) | | Nondeductible expenses | | | 20 | | | | 95 | | | | 82 | | Uncertain tax position and other differences | | | (2,031) | **) | | | (3,512) | | | | (2,576) | | | | | | | | | | | | | | | Income tax (tax benefit) | | $ | 94 | | | $ | 1,575 | | | $ | 2,307 | | | *) | 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 benefits 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 | | | | | | | Increase in tax positions taken in prior years | | | - | | | | | | | Decrease in tax positions taken in prior years | | | (156) | | | | | | | Gross unrecognized tax benefits at December 31, 2014 | | $ | 342 | | |