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SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2020
Accounting Policies [Abstract] |
Schedule of Annual Depreciation Rates | Property and equipment are stated at cost, net of accumulated depreciation. Depreciation is calculated by the straight-line method over the estimated useful lives of the assets, at the following annual rates:
| %
Computers, manufacturing and peripheral equipment | 6 – 33
Office, furniture and equipment | Mainly 15
Leasehold improvements | Over the shorter of the term of the lease or useful life of the asset
Schedule of Stock Option Granted Assumptions | The Company estimates the fair value of stock options granted under ASC 718 using the binomial model with the following assumptions for 2018, 2019 and 2020:
|  | December 31,
|  | 2018 |  | 2019 |  | 2020
Dividend yield |  | 0% |  | 0% |  | 0%
Volatility |  | 53%-62% |  | 53%-65% |  | 60%-85%
Risk free interest |  | 1.8%-2.9% |  | 1.2%-2.7% |  | 0.1%-1.0%
Early exercise multiple |  | 2.0-2.3 |  | 1.3-2.3 |  | 1.5-1.6
Schedule of Accumulated Other Comprehensive Income, Net | The components of accumulated other comprehensive income - (“AOCI”) were as follows:
|  | Unrealized Gains (Losses) on Cash Flow Hedges |  |  | Foreign Currency Translation Adjustments |  |  | Total |
Balance as of January 1, 2020 |  | $ | 318 |  |  | $ | (8,984 | ) |  | $ | (8,666 | )
Other comprehensive income before reclassifications |  |  | 1,752 |  |  |  | (929 | ) |  |  | 823 |
Amounts reclassified from AOCI |  |  | (225 | ) |  |  | - |  |  |  | (225 | )
Other comprehensive income |  |  | 1,527 |  |  |  | (929 | ) |  |  | 598 |
Balance as of December 31, 2020 |  | $ | 1,845 |  |  | $ | (9,913 | ) |  | $ | (8,068 | )

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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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