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TAXES ON INCOME (Tables) | 12 Months Ended
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Dec. 31, 2016
Income Tax Disclosure [Abstract] |
Taxes on Income Comprised | b. Taxes on income comprised of:
|  | Year ended December 31, |
|  | 2014 |  |  | 2015 |  |  | 2016 |
Domestic taxes: |  |  |  |  |  |  |  |  |  |  |  |
Current |  | $ | 7 |  |  | $ | 115 |  |  | $ | 6 |
Deferred |  |  | 2,987 |  |  |  | — |  |  |  | — |
Foreign taxes: |  |  |  |  |  |  |  |  |  |  |  |
Current |  |  | 314 |  |  |  | 2,212 |  |  |  | 3,932 |
Deferred |  |  | (456 | ) |  |  | (1,213 | ) |  |  | (613 | )
|  | $ | 2,852 |  |  | $ | 1,114 |  |  | $ | 3,325 |
Income (loss) before taxes on income: |  |  |  |  |  |  |  |  |  |  |  |
Domestic |  | $ | (2,379 | ) |  | $ | (3,360 | ) |  | $ | (3,488 | )
Foreign |  |  | 4,412 |  |  |  | 10,741 |  |  |  | 19,913 |
|  | $ | 2,033 |  |  | $ | 7,381 |  |  | $ | 16,425 |
Reconciliation Between Company's Effective Tax Rate and U.S. Statutory Rate | c. Reconciliation between the Company’s effective tax rate and the U.S. statutory rate:
|  | Year ended December 31, |
|  | 2014 |  |  | 2015 |  |  | 2016 |
Income before taxes on income |  | $ | 2,033 |  |  | $ | 7,381 |  |  | $ | 16,425 |
Theoretical tax at U.S. statutory rate |  |  | 691 |  |  |  | 2,510 |  |  |  | 5,585 |
Foreign income taxes at rates other than U.S. rate |  |  | (489 | ) |  |  | (958 | ) |  |  | (1,831 | )
Approved and benefited enterprises benefits (*) |  |  | (785 | ) |  |  | (1,653 | ) |  |  | (2,767 | )
Subpart F |  |  | 394 |  |  |  | 434 |  |  |  | 538 |
Non-deductible items |  |  | 723 |  |  |  | 349 |  |  |  | 682 |
Non-taxable items |  |  | (230 | ) |  |  | (481 | ) |  |  | (505 | )
Changes in uncertain tax position |  |  | (920 | ) |  |  | — |  |  |  | 505 |
Changes in valuation allowance |  |  | 3,356 |  |  |  | 839 |  |  |  | 1,212 |
Other, net |  |  | 112 |  |  |  | 74 |  |  |  | (94 | )
Taxes on income |  | $ | 2,852 |  |  | $ | 1,114 |  |  | $ | 3,325 |
(*) Basic and diluted earnings per share amounts of the benefit resulting from the “Approved Enterprise” and “Benefited Enterprise” status |  | $ | 0.04 |  |  | $ | 0.08 |  |  | $ | 0.13 |
Deferred Taxes on Income | d. Deferred taxes on income: Significant components of the Company’s deferred tax assets are as follows:
|  | As at December 31, |
|  | 2015 |  |  | 2016 |
Deferred tax assets |  |  |  |  |  |  |  |
Operating loss carryforward |  | $ | 9,066 |  |  | $ | 9,638 |
Accrued expenses |  |  | 1,165 |  |  |  | 1,128 |
Temporary differences related to R&D expenses |  |  | 1,052 |  |  |  | 1,435 |
Equity-based compensation |  |  | 2,625 |  |  |  | 2,685 |
Tax credit carry forward |  |  | 875 |  |  |  | 1,237 |
Other |  |  | 529 |  |  |  | 562 |
Total gross deferred tax assets |  |  | 15,312 |  |  |  | 16,685 |
Valuation allowance |  |  | (12,740 | ) |  |  | (13,780 | )
Net deferred tax assets |  | $ | 2,572 |  |  | $ | 2,905 |
Deferred tax liabilities |  |  |  |  |  |  |  |
Intangible assets |  | $ | 915 |  |  | $ | 621 |
Other |  |  | 29 |  |  |  | 32 |
Total deferred tax liabilities |  | $ | 944 |  |  | $ | 653 |
Net deferred tax assets (*) |  | $ | 1,628 |  |  | $ | 2,252 |
(*) Net deferred taxes for the years ended December 31, 2015 and 2016 are all from foreign jurisdictions.
Reconciliation of Beginning and Ending Amount of Gross Unrecognized Tax Benefits | e. Uncertain tax positions A reconciliation of the beginning and ending amount of gross unrecognized tax benefits based on the provisions of FASB ASC No. 740 is as follows:
|  | Year ended December 31, |
|  | 2015 |  |  | 2016 |
Beginning of year |  | $ | 2,859 |  |  | $ | 3,076 |
Additions for current year tax positions |  |  | 217 |  |  |  | 232 |
Additions for prior year’s tax positions |  |  | — |  |  |  | 476 |
Balance at December 31 |  | $ | 3,076 |  |  | $ | 3,784 |

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