v2.4.1.9
TAXES ON INCOME (Tables)
12 Months Ended
Dec. 31, 2014
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,
 
 
 
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