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Goodwill
12 Months Ended
Dec. 31, 2014
Goodwill [Abstract]  
Goodwill

NOTE 8:-      GOODWILL

 

The changes in the carrying amount of goodwill for the years ended December 31, 2013 and 2014 are as follows:

 

 

Year ended
December 31,

 

2013

   

2014

Beginning balance

  $ 15,283     $ 14,935

Impairment of Goodwill (1)

  -     (14,765 )

Functional currency translation adjustments and other adjustments (2)

    (348 )     (170 )
       

Ending balance

    $ 14,935     $ -


(1)
During the fourth quarter of 2014, the Company determined that sufficient indicators of potential impairment existed to require additional goodwill impairment analysis. These indicators included the trading value of the Company's stock at the time of the impairment test, coupled with existing market conditions and business trends. Based on the step one and step two analyses (see also note 2l), the Company recorded complete goodwill impairment charge in 2014, in the amount of $ 14,765.


(2)
Foreign currency translation differences resulting from goodwill allocated to subsidiaries, whose functional currency has been determined to be other than the U.S. dollar and adjustment related to provisions.