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Marketable Securities (Tables)
12 Months Ended
Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]  
Held-to-Maturity Securities
The Company's investment in marketable securities as of December 31, 2017 and 2018 are classified as ''held-to-maturity'' and consist of the following:
 
         
Gross
   
Gross
       
         
unrealized
   
unrealized
       
   
Amortized
   
holding
   
holding
   
Aggregate
 
   
cost basis**
   
gains
   
(losses)
   
fair value*
 
   
US$ thousands
 
At December 31, 2018
                       
Held to maturity:
                       
Corporate debt securities and government debt securities
                       
Current
   
1,610
     
-
     
(22
)
   
1,588
 
Non-Current
   
46,052
     
-
     
(778
)
   
45,274
 
                                 
     
47,662
     
-
     
(800
)
   
46,862
 
                                 
At December 31, 2017
                               
Held to maturity:
                               
Corporate debt securities
                               
Current
   
7,798
     
-
     
(49
)
   
7,749
 
Non-Current
   
5,976
     
-
     
(95
)
   
5,881
 
                                 
     
13,774
     
-
     
(144
)
   
13,630
 
 
 
*
Fair value is being determined using quoted market prices in active markets (Level 2).
 
**
Including accrued interest in the amount of US$ 77 thousand and US$ 450 thousand as of December 31, 2017 and 2018 respectively.
The accrued interest is presented as part of other account receivable on the balance sheet.
Schedule of Reconciliation of Marketable Securities
Activity in marketable securities in 2018
 
US$ thousands
 
       
Balance at January 1, 2018
   
13,774
 
         
Purchases of marketable securities
   
41,670
 
Discount on marketable securities, net
   
(32
)
Proceeds from maturity of marketable securities
   
(7,750
)
Balance at December 31, 2018
   
47,662
 
 
Summary of Investment Securities in an Unrealized Loss Position
The following table summarizes the gross unrealized losses on investment securities for which other-than-temporary impairments have not been recognized and the fair value of those securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at December 31, 2018:
 
 
   
Less than 12 months
   
12 months or more
   
Total
 
Held to maturity:
 
Unrealized Losses
   
Fair value
   
Unrealized Losses
   
Fair value
   
Unrealized Losses
   
Fair value
 
                                     
Corporate debt securities  and government debt  securities
   
(679
)
   
41,024
     
(121
)
   
5,838
     
(800
)
   
46,862