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SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2013
SIGNIFICANT ACCOUNTING POLICIES [Abstract] |
Schedule of Annual Rates of Depreciation |
Annual rates of depreciation are as follows:
|  | %
Demonstration and rental equipment |  | 33
Research and development equipment |  | 25 - 33
Manufacturing equipment |  | 15 - 33
Office furniture and equipment |  | 7 - 33
Leasehold improvements |  | (*)
| *) | At the shorter of the lease period or useful life of the leasehold improvement.
Assumptions Used in Estimation of Fair Value of Stock-based Compensation Awards |
| The fair value for options granted in 2013, 2012 and 2011 is estimated at the date of grant with the following weighted average assumptions:
|  | 2013 |  | 2012 |  | 2011
Dividend yield |  | 0% |  | 0% |  | 0%
Expected volatility |  | 71%-74% |  | 80-100% |  | 76-132%
Risk-free interest |  | 0.3%-0.6% |  | 0.3-0.4% |  | 0.3-2.1%
Expected life (in years) |  | 2.81 |  | 1.5-5.5 |  | 1.5-5.5
Schedule of Changes in the Liability for Product Warranty |
The followings are the changes in the liability for product warranty from January 1, 2011 to December 31, 2013:
Balance at January 1, 2011 |  |  | 229 |
Provision for warranties issued during the year |  |  | 316 |
Reduction for payments and costs to satisfy claims |  |  | (297 | )
Balance at December 31, 2011 |  |  | 248 |
Provision for warranties issued during the year |  |  | 130 |
Reduction for payments and costs to satisfy claims |  |  | (123 | )
Balance at December 31, 2012 |  |  | 255 |
Provision for warranties issued during the year |  |  | 288 |
Reduction for payments and costs to satisfy claims |  |  | (401 | )
Balance at December 31, 2013 |  |  | 142 |

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- Definition Tabular disclosure of the depreciation rates of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. + References No definition available. + Details
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- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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