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SHAREHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2020
Stockholders' Equity Note [Abstract]  
Schedule of Stock Option Activity

A summary of the Company's stock option activity, pertaining to its option plans for employees and related information is as follows:

Year ended December 31,

2020

2019

2018

Number

of shares upon

exercise

Weighted average

exercise price

Number

of shares upon

exercise

Weighted average

exercise price

Number

of shares upon

exercise

Weighted average

exercise price

 

Outstanding at beginning of year  

1,453,741

$

7.59

1,736,143

$

7.26

2,189,297

$

7.63

Granted

-

$

-

-

$

-

62,200

$

5.91

Forfeited

(28,657

)

$

17.47

(59,107

)

$

10.05

(414,617

)

$

9.79

Exercised

(290,828

)

$

6.25

(223,295

)

$

4.36

(100,737

)

$

4.07

 

Outstanding at end of year

1,134,256

$

7.68

1,453,741

$

7.59

1,736,143

$

7.26

 

Exercisable at end of year

1,065,498

$

7.83

1,240,005

$

8.01

1,281,665

$

8.02

 

Vested and expected to vest

1,132,007

$

7.68

1,442,990

$

7.61

1,464,802

$

7.65

Schedule of Stock Options Outstanding

The options outstanding as of December 31, 2020, have been classified by exercise price, as follows:

Exercise price

Shares upon exercise of options

outstanding as of December 31, 2020

Weighted average remaining contractual

life

Shares upon exercise of options exercisable

as of December 31, 2020

Years

 

$

23.31-27.58

49,500

1.66

49,500

$

15.2-17.07

46,936

1.02

46,936

$

10.0 -14.68

140,150

2.74

140,150

$

5.01-9.7

360,605

2.27

319,253

$

0.1-4.95

537,065

3.16

509,659

 

1,134,256

1,065,498

Summary of Restricted Stock Unit Activity

The following provides a summary of the restricted stock unit activity for the Company for the two years ended December 31, 2020:

Year ended December 31,

2020

2019

Number

of shares upon

exercise

Weighted average

share price

Number

of shares upon

exercise

Weighted average

share price

 

Outstanding at beginning of year

1,652,060

$

6.53

1,252,031

$

5.45

Granted

869,250

$

10.96

1,001,000

$

7.53

Vested

(570,000

)

$

10.69

(401,904

)

$

7.53

Forfeited

(188,293

)

$

10.01

(199,067

)

$

7.61

 

Unvested at end of year

1,763,017

$

8.63

1,652,060

$

6.53