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EQUITY (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of Share-based Compensation, Stock Options, USSI Activity [Table Text Block]

A summary status of the USSI 2012 Stock Option Plan as of December 31, 2012 and 2013, as well as changes during the years then ended, is presented below :



	2012					2013
	Number of Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life	Number of Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life
	(in shares)				(in years)	(in shares)				(in years)
Outstanding at beginning of year	—		$	—		632,375		$	1.72
Granted at fair value	637,375		1.72			50,000		1.72
Exercised	—		—			—		—
Forfeited	(5,000	)	1.72			(46,000	)	1.72
Outstanding at end of year	632,375		1.72		6.7	636,375		1.72		5.7
Exercisable at end of year	322,337		$	1.72	6.7	460,619		$	1.72	5.7

Schedule of Share-based Compensation, Shares Authorized under DSIT Stock Option Plans, by Exercise Price Range [Table Text Block]

Summary information regarding the options under the Plan outstanding and exercisable at December 31, 2013 is as follows:



	Outstanding				Exercisable
Range of Exercise Prices	Number Outstanding	Weighted Average Remaining Contractual Life	Weighted Average Exercise Price		Number Exercisable	Weighted Average Exercise Price
	(in shares)	(in years)			(in shares)
$1.05 – $1.26	147,770	4.6	$	1.18	81,068	$	1.20
$2.70	96,154	4.6	$	2.70	20,836	$	2.70
	243,924		$	1.78	101,904	$	1.51

Schedule of Share-based Compensation, Stock Options, DSIT Activity [Table Text Block]

A summary status of the DSIT Plan as of December 31, 2011, 2012 and 2013, as well as changes during the years then ended, is presented below:



	2011				2012				2013
	Number of Options (in shares)		Weighted Average Exercise Price		Number of Options (in shares)		Weighted Average Exercise Price		Number of Options (in shares)		Weighted Average Exercise Price
Outstanding at beginning of year	152,400		$	1.18	240,824		$	1.67	238,764		$	1.69
Granted at fair value	93,054	*	$	2.45	—		$	—	6,700	*	$	2.70
Exercised	—		$	—	—		$	—	—		$	—
Forfeited	(4,630)		$	1.09	(2,060)	*	$	2.51	(1,540)	*	$	2.70
Outstanding at end of year	240,824		$	1.67	238,764		$	1.69	243,924		$	1.78
Exercisable at end of year	—		$	—	—		$	—	101,904		$	1.51

* The weighted average exercise price of these grants and forfeitures are NIS 9.38 translated to US dollars using the year end exchange rates (NIS 3.83, NIS 3.73 and NIS 3.47 for the years ended December 31, 2011, 2012 and 2013, respectively)

Share based compensation grants to directors and officers [Table Text Block]

Option grants to directors and officers for the years ended December 31, 2011, 2012 and 2013 can be found below:



	2011			2012			2013
	Number of shares	Weighted average exercise price		Number of shares	Weighted average exercise price		Number of shares		Weighted average exercise price
Options granted to - directors and officers (included above) during the year	141,666	$	4.51	211,898	$	8.02	201,095	*	$	5.98
Exercised by directors and officers during the year	159,779	$	2.64	199,697	$	3.12	30,316		$	3.30
Forfeited by directors and officers during the year	351,221	$	3.00	127,803	$	5.75	125,518		$	4.11
Number of options held by directors and officers at year end	1,199,999	$	4.13	1,134,397	$	4.95	1,179,658		$	5.30

Dividends paid [Table Text Block]

Dividends paid since the approval of the quarterly dividend are as follows:



Period	Regular dividend per share		Special dividend per share		Total dividend paid per share		Dividend paid in cash		Value of dividend paid in shares under the DRIP		Total dividend paid		Value of share discount under the DRIP		Number of shares granted under the DRIP
Fourth quarter 2011	$	0.035	$	—	$	0.035	$	613	$	—	$	613	$	—	—
Year ended December 31, 2011	$	0.035	$	—	$	0.035	$	613	$	—	$	613	$	—	—

First quarter 2012	$	0.035	$	0.05	$	0.085	$	1,496	$	—	$	1,496	$	—	—
Second quarter 2012	$	0.035	$	—	$	0.035	$	627	$	—	$	627	$	—	—
Third quarter 2012	$	0.035	$	—	$	0.035	$	559	$	69	$	628	$	4	8,429
Fourth quarter 2012	$	0.035	$	—	$	0.035	$	526	$	106	$	632	$	6	14,305
Year ended December 31, 2012	$	0.14	$	0.05	$	0.19	$	3,208	$	175	$	3,383	$	10	22,734

First quarter 2013	$	0.035	$	—	$	0.035	$	517	$	117	$	634	$	6	18,976
Year ended December 31, 2013	$	0.035	$	—	$	0.035	$	517	$	117	$	634	$	6	18,976

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The Company utilized the Black-Scholes option-pricing model to estimate fair value, utilizing the following assumptions for the respective years (all in weighted averages):



	2011			2012			2013
Risk-free interest rate	1.8		%	1.8		%	1.8		%
Expected term of options, in years	5.5			7.0			6.7
Expected annual volatility	62		%	58		%	59		%
Expected dividend yield	1.8		%	1.3		%	0.2		%
Determined weighted average grant date fair value per option	$	2.17		$	3.72		$	3.36

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

Stock-based compensation expense included in the Company’s Statements of Operations was:



	Year ended December 31,
	2011		2012		2013
Cost of sales	$	—	$	—	$	44
Research and development expense	—		81		41
Selling, general and administrative expense*	458		774		1,134
Total stock compensation expense	$	458	$	855	$	1,219

* Stock compensation expense in 2011 includes $51 with respect to stock granted to consultants.

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

A summary of the Company’s option plans as of December 31, 2011, 2012 and 2013, as well as changes during each of the years then ended, is presented below:



	2011				2012				2013
	Number of Options (in shares)		Weighted Average Exercise Price		Number of Options (in shares)		Weighted Average Exercise Price		Number of Options (in shares)		Weighted Average Exercise Price
Outstanding at beginning of year	1,817,665		$	3.69	1,388,333		$	4.17	1,311,397		$	5.20
Granted at market price	166,666		4.63		348,898		7.85		246,095		6.06
Exercised *	(231,831	)	2.62		(252,453	)	3.24		(30,316	)	3.30
Forfeited or expired	(364,167	)	3.00		(173,381	)	5.10		(125,518	)	4.11
Outstanding at end of year	1,388,333		4.17		1,311,397		5.20		1,401,658		5.49
Exercisable at end of year	1,267,915		$	4.08	954,432		$	4.26	1,029,507		$	5.06

* All shares issued in connection with option exercises were newly issued shares

Schedule of cashless net exercises and cash exercises [Table Text Block]

The breakdown of option exercises between cashless net exercises and cash exercises is as follows the years ended December 31, 2011 , 2012 and 2013:



	Shares granted in net exercise of options	Options forfeited in net exercise of options	Total net exercise options	Weighted average exercise price for net exercise options	Options exercised for cash	Weighted average exercise price for options exercised for cash
Year ended December 31, 2011	148,165	304,167	452,332	$2.69	83,666	$2.51
Year ended December 31, 2012	101,619	148,381	250,000	$5.06	150,834	$2.02
Year ended December 31, 2013	30,316	102,184	132,500	$3.30	—	—

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]

Summary information regarding the options outstanding and exercisable at December 31, 2013 is as follows:



	Outstanding			Exercisable
Range of Exercise Prices	Number Outstanding	Weighted Average Remaining Contractual Life	Weighted Average Exercise Price	Number Exercisable	Weighted Average Exercise Price
	(in shares)	(in years)		(in shares)
$2.24 – $2.56	157,500	0.68	$2.44	157,500	$2.44
$3.51 – $3.90	150,276	3.58	$3.68	103,818	$3.74
$4.09 – $5.00	238,333	2.71	$4.59	229,999	$4.57
$5.05 – $5.91	332,500	4.30	$5.22	317,500	$5.19
$6.31 - $7.57	359,690	6.16	$6.92	115,664	$7.13
$7.60 - $11.42	163,359	5.83	$8.82	105,026	$8.63
	1,401,658			1,029,507

Summary of warrant activity [Table Text Block]

The Company has issued warrants at exercise prices equal to or greater than market value of the Company’s common stock at the date of issuance. A summary of warrant activity follows:



	2011			2012				2013
	Number of shares underlying warrants	Weighted Average Exercise Price		Number of shares underlying warrants		Weighted Average Exercise Price		Number of shares underlying warrants		Weighted Average Exercise Price
Outstanding at beginning of year	313,806	$	4.29	313,806		$	4.29	28,750		$	3.68
Granted	—	—		—		—		262,281		3.14
Exercised	—	—		(269,808	)	4.35		(5,750	)	3.68
Forfeited or expired	—	—		(15,248	)	3.68		—		—
Outstanding and exercisable at end of year	313,806	$	4.29	28,750		$	3.68	285,281		$	3.18