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OTHER (INCOME) EXPENSES, NET (Tables) | 12 Months Ended
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Dec. 31, 2015
OTHER (INCOME) EXPENSES, NET [Abstract] |
Schedule of 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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