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DERIVATIVES AND HEDGING ACTIVITIES | 12 Months Ended
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Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
DERIVATIVES AND HEDGING ACTIVITIES | NOTE 8: DERIVATIVES AND HEDGING ACTIVITIES The fair value of the Company’s outstanding derivative instruments is as follows:
|  | As at December 31, |
|  | 2016 |  |  | 2017 |
Derivative assets: |  |  |  |  |  |  |  |
Derivatives designated as cash flow hedging instruments: |  |  |  |  |  |  |  |
Foreign exchange forward contracts |  | $ | 6 |  |  | $ | — |
Total |  | $ | 6 |  |  | $ | — |
The Company recorded the fair value of derivative assets in “prepaid expenses and other accounts receivable” on the Company’s consolidated balance sheets. The increase in unrealized gains recognized in “accumulated other comprehensive income (loss)” on derivatives, before tax effect, is as follows:
|  | Year ended December 31, |
|  | 2015 |  |  | 2016 |  |  | 2017 |
Derivatives designated as cash flow hedging instruments: |  |  |  |  |  |  |  |  |  |  |  |
Foreign exchange option contracts |  | $ | 83 |  |  | $ | 67 |  |  | $ | 90 |
Foreign exchange forward contracts |  |  | 94 |  |  |  | 91 |  |  |  | 93 |
|  | $ | 177 |  |  | $ | 158 |  |  | $ | 183 |
The net gains reclassified from “accumulated other comprehensive income (loss)” into income, are as follows:
|  | Year ended December 31, |
|  | 2015 |  |  | 2016 |  |  | 2017 |
Derivatives designated as cash flow hedging instruments: |  |  |  |  |  |  |  |  |  |  |  |
Foreign exchange option contracts |  | $ | (31 | ) |  | $ | (67 | ) |  | $ | (90 | )
Foreign exchange forward contracts |  |  | (73 | ) |  |  | (94 | ) |  |  | (99 | )
|  | $ | (104 | ) |  | $ | (161 | ) |  | $ | (189 | )
The Company recorded in cost of revenues and operating expenses, a net gain of $104, $161 and 189 during the years ended December 31, 2015, 2016 and 2017, respectively, related to its Hedging Contracts.

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- References No definition available. + Details
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- Definition The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -URI http://asc.fasb.org/topic&trid=2229140 + Details
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