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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operating activities:      
Net income $ 5,668 $ 8,389 $ 8,013
Adjustments required to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 1,388 739 715
Stock based compensation expense, net 1,183 761 672
Accretion of payment obligation related to acquisition 100      
Excess tax benefit from share-based payment arrangements    (209)   
Amortization of premium and accrued interest on marketable securities (16) 42 105
Loss (gain) from marketable securities and long-term investment, net 100 (108) 20
Deferred taxes, net (1,140) (385) 1,515
Accrued severance pay, net (40) 216 (144)
Net changes in operating assets and liabilities:      
Trade receivables (383) (475) (126)
Other receivables and prepaid expenses (1,100) 544 122
Other long-term assets 60 17 (45)
Trade payables 108 374 (909)
Deferred revenues 998 (106) (462)
Accrued expenses and other liabilities 112 (25) 1,198
Other    9   
Net cash provided by operating activities 7,038 9,783 10,674
Cash flows from investing activities:      
Purchase of property and equipment (316) (246) (513)
Proceeds from sale of property and equipment    12   
Proceeds from short-term bank deposits       1,042
Investment in short-term bank deposits       (974)
Restricted cash 90    169
Capitalization of software development and content costs (829) (180) (75)
Acquisition of subsidiary, net of acquired cash (21,712)      
Proceeds from sales of marketable securities 26,704 10,745 23,277
Investment in marketable securities (11,915) (20,534) (9,435)
Net cash (used in) provided by investing activities (7,978) (10,203) 13,491
Cash flows from financing activities:      
Exercise of share options 30 375 984
Excess tax benefit from share-based payment arrangements    209   
Repurchase of Ordinary shares       (120)
Dividend paid (3,885) (8,477) (8,496)
Net cash used in financing activities (3,855) (7,893) (7,632)
(Decrease) increase in cash and cash equivalents (4,795) (8,313) 16,533
Cash and cash equivalents at beginning of year 16,055 24,368 7,835
Cash and cash equivalents at end of year 11,260 16,055 24,368
Cash paid (received) during the year for:      
Income taxes (631) 2,719 1,790
Supplemental disclosure of non-cash investing activities:      
Purchase of property and equipment on credit    418   
Issuance of shares in connection with the acquisition of Smilebox $ 750