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OTHER (INCOME) EXPENSES, NET | 12 Months Ended
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Dec. 31, 2015
OTHER (INCOME) EXPENSES, NET [Abstract] |
OTHER (INCOME) EXPENSES, NET | NOTE 13 - OTHER (INCOME) EXPENSES, NET
|  |  | US dollars |
|  |  | Year ended December 31, |
(in thousands) |  |  | 2015 |  |  | 2014 |  |  | 2013 |
Adjustment of purchase price of subsidiary sold |  |  | (101) |  |  | - |  |  | 200 |
Impairment of goodwill and intangible assets (2) |  |  | 929 |  |  | 922 |  |  | 4,620 |
Gain on sale of subsidiary (1) |  |  | (951) |  |  | - |  |  | - |
Other |  |  | (145 | ) |  | (66 | ) |  | (60 | )
|  |  | (268) |  |  | 856 |  |  | 4,760 |
(1) | On December 31, 2015, the Company sold its entire holding in the subsidiary Mapa Internet Ltd. for a total consideration of NIS 2.3 million (approximately US$ 600,000). Management does not believe that the sale of Mapa internet Ltd represents a strategic shift for the company. As a result, the above transaction has not been reflected in the accompanying consolidated financial statements as discontinued operations
(2) | See Notes 7, 8 and 1N.

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- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.3,6,7,9) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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