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DERIVATIVES AND HEDGING ACTIVITIES (Tables)
 6 Months Ended
Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value of Outstanding Derivative Instruments

The fair value of the Company’s outstanding derivative instruments is as follows:

 

     June 30,      December 31,  
     2016      2015  
     (Unaudited)      (Audited)  

Derivative assets:

      

Derivatives designated as cash flow hedging instruments:

      

Foreign exchange option contracts

    $ 25       $ —     

Foreign exchange forward contracts

      19         9   
  

 

 

     

 

 

  

Total

    $ 44       $ 9   
  

 

 

     

 

 

  

Derivative liabilities:

      

Derivatives designated as cash flow hedging instruments:

      

Foreign exchange forward contracts

    $ 14       $ —     
  

 

 

     

 

 

  

Increase (Decrease) in Unrealized Gains (Losses) Recognized in "Accumulated Other Comprehensive Income (Loss)" on Derivatives, Before Tax Effect

The increase (decrease) in unrealized gains (losses) recognized in “accumulated other comprehensive income (loss)” on derivatives, before tax effect, is as follows:

 

     Six months ended
June 30,		      Three months ended
June 30,		  
     2016      2015      2016      2015  
     (unaudited)      (unaudited)      (unaudited)      (unaudited)  

Derivatives designated as cash flow hedging instruments:

            

Foreign exchange option contracts

    $ 74       $ 212       $ (48 )     $ 288   

Foreign exchange forward contracts

      69         63         (44 )       97   
  

 

 

     

 

 

     

 

 

     

 

 

  
   $ 143       $ 275       $ (92 )     $ 385   
  

 

 

     

 

 

     

 

 

     

 

 

  

Net (Gains) Losses Reclassified from "Accumulated Other Comprehensive Income (Loss)"

The net (gains) losses reclassified from “accumulated other comprehensive income (loss)” into income are as follows:

 

     Six months ended
June 30,		      Three months ended
June 30,		  
     2016      2015      2016      2015  
     (unaudited)      (unaudited)      (unaudited)      (unaudited)  

Derivatives designated as cash flow hedging instruments:

            

Foreign exchange option contracts

    $ (49 )     $ 59       $ (49 )     $ 8   

Foreign exchange forward contracts

      (73 )       (58 )       (48 )       (80 ) 
  

 

 

     

 

 

     

 

 

     

 

 

  
   $ (122 )     $ 1       $ (97 )     $ (72 )