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DERIVATIVES AND HEDGING ACTIVITIES (Tables)
 9 Months Ended
Sep. 30, 2017
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:

 

     September 30,
2017		      December 31,
2016		  
     (Unaudited)      (Audited)  

Derivative assets:

      

Derivatives designated as cash flow hedging instruments:

      

Foreign exchange forward contracts

    $ —        $ 6  
  

 

 

     

 

 

  

Total

    $ —        $ 6  
  

 

 

     

 

 

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

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

 

     Nine months ended
September 30,		      Three months ended
September 30,		  
     2017      2016      2017      2016  
     (unaudited)      (unaudited)      (unaudited)      (unaudited)  

Derivatives designated as cash flow hedging instruments:

            

Foreign exchange option contracts

    $ 88      $ 118      $ 1      $ 44  

Foreign exchange forward contracts

      92        100        (3 )       31  
  

 

 

     

 

 

     

 

 

     

 

 

  
   $ 180      $ 218      $ (2 )     $ 75  
  

 

 

     

 

 

     

 

 

     

 

 

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

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

 

     Nine months ended
September 30,		      Three months ended
September 30,		  
     2017      2016      2017      2016  
     (unaudited)      (unaudited)      (unaudited)      (unaudited)  

Derivatives designated as cash flow hedging instruments:

            

Foreign exchange option contracts

    $ (88 )     $ (70 )     $ (1 )     $ (21 ) 

Foreign exchange forward contracts

      (98 )       (121 )       3        (48 ) 
  

 

 

     

 

 

     

 

 

     

 

 

  
   $ (186 )     $ (191 )     $ 2      $ (69 )