NOTE 3:-

MARKETABLE SECURITIES AND ACCRUED INTEREST

The following is a summary of held to maturity marketable securities:

	December 31, 2013
	Amortized		Unrealized		Fair
	cost		gains		Value
	Audited
Corporate debentures:

Maturing within one year	$	15,438	$	35	$	15,473
Accrued interest		268		-		268

	$	15,706	$	35	$	15,741

	June 30, 2014
	Amortized		Unrealized		Unrealized		Fair
	cost		gains		losses		Value
	Unaudited
Corporate debentures:
Maturing between one to five years	$	59,582	$	27	$	(220)	$	59,389
Accrued interest		535		-		-		535

	$	60,117	$	27	$	(220)	$	59,924

These investments were issued by highly rated corporations. Accordingly, it is expected that the securities would not be settled at a price less than the amortized cost of the Company's investment. As of June 30, 2014 and December 31, 2013, the Group did not have any investment in marketable securities that was in an unrealized loss position for twelve months period or greater. Since the Company had the ability and intent to hold these investments until an anticipated recovery of fair value, which may be until maturity, the Company did not consider these investments to be other-than-temporarily impaired as of June 30, 2014. Unrealized gains (losses) are valued using alternative pricing sources and models utilizing market observable inputs.