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SHAREHOLDERS' EQUITY | 12 Months Ended
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Dec. 31, 2012
SHAREHOLDERS' EQUITY [Abstract] |
SHAREHOLDERS' EQUITY | NOTE 15:- Shareholders' EQUITY
| a. | The Company's share capital consisted of the following as of December 31, 2011 and 2012:
|  | Authorized |  |  | Issued and outstanding |
|  | December 31, |  |  | December 31, |
|  | 2011 |  |  | 2012 |  |  | 2011 |  |  | 2012 |
Shares of NIS 0.04 par value: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ordinary shares |  |  | 126,158,750 |  |  |  | 200,000,000 |  |  |  | 19,565,000 |  |  |  | 34,365,250 |
Preferred shares |  |  | 7,141,250 |  |  |  | - |  |  |  | 7,141,250 |  |  |  | - |
| b. | Ordinary shares-ordinary shares confer on their holders voting rights and the right to receive dividends.
Preferred shares-preferred shares confer on their holders all of the rights of ordinary shares and a dividend preference as described in the following section: Dividend-Each 250,000 preferred shares entitle the holders thereof to a cumulative preference in all distributions of dividends by the Company up to an amount of (1) NIS 6,901 per annum linked to the consumer price index as of the closing date plus (2) 0.072% of the annual profit of the Company before tax and before payment of management fees, in accordance with the Company's annual financial statements. Conversion rate-Each preferred share is convertible into one ordinary share.
| c. | On March 21, 2012, the Company filed a final prospectus with the U.S. Securities and Exchange Commission ("SEC") in connection with its initial public offering in the United States and listing on NASDAQ of 7,659,000 ordinary shares in consideration for $84,200. After deducting the underwriting discounts and commissions and the offering expenses, the net proceeds from the offering amounted to $75,422. The number of shares offered included the underwriters' option to purchase an additional 999,000 shares at the offering price that was exercised on March 28, 2012.
| d. | Dividends:
The Company paid dividends in the amount of approximately $14,000, $6,900 and $27,200 in 2010, 2011 and 2012, respectively.
| e. | Compensation plan:
On January 1, 2011, the Board of Directors adopted the Caesarstone Sdot-Yam 2011 Incentive Compensation Plan pursuant to which non-employee directors, officers, employees and consultants may receive stock options exercisable for ordinary shares, if certain conditions are met. As of December 31, 2012, there were 1,545,200 options granted under the plan and 829,800 shares available or reserved for future issuance under the plan. The weighted-average grant-date fair value of options granted to employees during the year ended December 31, 2012 was $5.14 per option. As of December 31, 2012, there was $4,286 of total unrecognized compensation cost related to non-vested share-based compensation arrangements granted to employees under the Company's stock option plan. That cost is expected to be recognized over a weighted-average period of 1.54 years. The following is a summary of activities relating to the Company's stock options granted to employees among the Company's plan during the year ended December 31, 2012:
|  | 2012 |
|  | Number of options |  |  | Weighted average exercise price |  |  | Aggregate intrinsic value |
Outstanding - beginning of the year |  |  | - |  |  | $ | - |  |  | $ | - |
Granted |  |  | 1,545,200 |  |  | $ | 11.13 |  |  | $ | - |
Exercised |  |  | - |  |  | $ | - |  |  | $ | - |
Forfeited |  |  | - |  |  | $ | - |  |  | $ | - |
Outstanding - end of the year |  |  | 1,545,200 |  |  | $ | 11.13 |  |  | $ | 7,516,949 |
Options exercisable at the end of the year |  |  | 229,102 |  |  | $ | 11.00 |  |  | $ | 1,143,217 |
Vested and expected to vest |  |  | 1,545,200 |  |  | $ | 11.13 |  |  | $ | 7,516,949 |
The intrinsic value of exercisable options (the difference between the Company's closing share price on the last trading day in fiscal 2012 and the average exercise price of in-the-money options, multiplied by the number of in-the-money options) included above represents the amount that would have been received by the option holders had all option holders exercised their options on December 31, 2012. This amount changes based on the fair market value of the Company's ordinary shares. The options outstanding as of December 31, 2012, have been separated into ranges of exercise price, as follows:
|  |  | Options outstanding |  |  | Options exercisable |
Exercise price |  |  | Number of options |  |  | Weighted average remaining contractual life (years) |  |  | Weighted average exercise price per share |  |  | Number of options |  |  | Weighted average remaining contractual life (years) |  |  | Weighted average exercise price |
$ | 11.00 |  |  |  | 1,505,200 |  |  |  | 6.22 |  |  | $ | 11.00 |  |  |  | 229,102 |  |  |  | 6.22 |  |  | $ | 11.00 |
$ | 15.84 |  |  |  | 40,000 |  |  |  | 6.85 |  |  | $ | 15.84 |  |  |  | - |  |  |  | 6.85 |  |  | $ | 15.84 |
|  |  |  |  | 1,545,200 |  |  |  | 6.24 |  |  | $ | 11.13 |  |  |  | 229,102 |  |  |  | 6.22 |  |  | $ | 11.00 |
During the year ended December 31, 2012, the Company recognized stock-based compensation expense related to employee stock options in the amount of $3,660. Compensation expenses related to options granted were recorded in the consolidated statements of operations, as follows:
|  | Year ended December 31, |
|  | 2012 |
Cost of revenues |  | $ | 185 |
Research and development expenses |  |  | 106 |
Selling and marketing expenses |  |  | 469 |
General and administrative expenses |  |  | 2,900 |
Total |  | $ | 3,660 |

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- Definition The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30, 31 -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section E Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Preferred Stock -URI http://asc.fasb.org/extlink&oid=6521494 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB TOPIC 4.C) -URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187143-122770 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 43 -Section B -Paragraph 7, 11A -Chapter 1 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. 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