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DERIVATIVE INSTRUMENTS (Tables) | 12 Months Ended
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Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Fair Value of Derivative Contracts | The fair value of derivative contracts in the consolidated balance sheets at December 31, 2020 and December 31, 2019 were as follows:
|  | Other accounts receivable and prepaid expenses |  |  | Other accounts payable and accrued expenses |
|  | December 31, 2020 |
Derivatives designated as hedging instruments |  |  |  |  |  |
Currency forward contracts |  | $ | 1,847 |  |  | $ | 2 |
Derivatives not designated as hedging instruments |  |  |  |  |  |  |  |
Currency forward and option contracts |  | $ | 90 |  |  | $ | 279 |
Total derivatives |  | $ | 1,937 |  |  | $ | 281 |
|  | Other accounts receivable and prepaid expenses |  |  | Other accounts payable and accrued expenses |
|  | December 31, 2019 |
Derivatives designated as hedging instruments |  |  |  |  |  |
Currency forward contracts |  | $ | 318 |  |  | $ | - |
Derivatives not designated as hedging instruments |  |  |  |  |  |  |  |
Currency forward and option contracts |  | $ | 55 |  |  | $ | 112 |
Total derivatives |  | $ | 373 |  |  | $ | 112 |
The notional amounts for derivatives contracts were as follows:
|  | December 31, 2019 |  |  | December 31, 2020 |
Derivatives designated as hedging instruments |  |  |  |  |  |
Currency forward contracts |  | $ | 29,621 |  |  | $ | 35,089 |
Derivatives not designated as hedging instruments |  |  |  |  |  |  |  |
Currency forward and option contracts |  | $ | 28,532 |  |  | $ | 31,207 |
Schedule of Derivative Contracts on Consolidated Statements of Operations | The effect of derivative contracts on the consolidated statements of operations for the year ended December 31, 2019 and 2020 was as follows:
|  | Year ended December 31, |
|  | 2019 |  |  | 2020 |
Operating income (expenses) |  | $ | 895 |  |  | $ | 225 |
Financial income (expenses) |  | $ | (207 | ) |  | $ | (894 | )
Schedule of Assets And Liabilities Measured At Fair Value On Recurring Basis | The following table sets forth the Company’s net assets that were measured at fair value as of December 31, 2019 and December 31, 2020, by level within the fair value hierarchy:
|  |  |  | Fair value measurements using input type |
|  | Fair value hierarchy |  | December 31, 2019 |  |  | December 31, 2020 |
Derivatives instruments |  | Level 2 |  | $ | 260 |  |  | $ | 1,655 |
Total net assets |  |  |  | $ | 260 |  |  | $ | 1,655 |

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- Definition Tabular disclosure of gain (loss) on derivative and nonderivative instruments designated and qualifying as cash flow hedge recorded in accumulated other comprehensive income (AOCI) and reclassified into earnings. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624171-113959 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure for fair value hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624171-113959 + Details
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