XML 33 R36.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2

TAXES ON INCOME (Tables)

12 Months Ended

Dec. 31, 2019

TAXES ON INCOME

Schedule of income (loss) before taxes on income

Income (loss) before taxes on income is comprised as follows:

		Year Ended December 31,
		2019			2018			2017
Domestic		$	(18,264)		$	10,084		$	5,948
Foreign			6,949			6,503			3,692
		$	(11,315)		$	16,587		$	9,640

Schedule of taxes on income (tax benefits)

Taxes on income (tax benefits) are comprised as follows:

		Year Ended December 31,
		2019			2018			2017
Current taxes		$	990		$	843		$	688
Deferred tax expense (income)			(16,282)			2,251			4,922
		$	(15,292)		$	3,094		$	5,610
Domestic		$	(10,421)		$	1,610		$	2,979
Foreign			(4,871)			1,484			2,631
		$	(15,292)		$	3,094		$	5,610

Summary of significant components of the deferred tax liabilities and assets

f. Deferred income taxes:

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Group’s deferred tax liabilities and assets are as follows:

		December 31,
		2019			2018
Deferred tax assets:
Net operating loss carryforward		$	31,391		$	30,330
Reserves and allowances			12,588			5,613
Net deferred tax assets before valuation allowance			43,979			35,943
Less - valuation allowance			(23,513)			(31,593)
Deferred tax asset		$	20,466		$	4,350
Deferred tax liability		$	(139)		$	(305)
Deferred tax asset:
Domestic			13,863			3,342
Foreign			6,603			1,008
		$	20,466		$	4,350
Deferred tax liability:
Foreign		$	(139)		$	(305)

Schedule of reconciliation of the theoretical tax expense (benefit)

g. Reconciliation of the theoretical tax expenses:

A reconciliation between the theoretical tax expense (benefit), assuming all income is taxed at the Israeli statutory corporate tax rate applicable to the income of the Company, and the actual tax expense (benefit) as reported in the statement of operations is as follows:

		Year Ended December 31,
		2019			2018			2017
Income (loss) before taxes, as reported in the consolidated statements of operations		$	(11,315)		$	16,587		$	9,640
Israeli statutory corporate tax rate			23.0	%		23.0	%		24.0	%
Theoretical tax expense (benefit) on the above amount at the Israeli statutory corporate tax rate		$	(2,602)		$	3,815		$	2,314
Income tax at rate other than the Israeli statutory corporate tax rate			78			458			33
Non-deductible expenses, including share-based compensation expenses			693			384			629
Losses for which valuation allowance was provided (utilized)			(12,076)			(2,874)			2,692
Changes in exchange rates of subsidiaries			(1,455)			1,388			(1,717)
Impact of rate change			—			—			943
Unrecognized tax benefits			—			(386)			—
Impact of TCJA			—			271			396
Other			70			38			320
Actual tax expense (benefit)		$	(15,292)		$	3,094		$	5,610

X

- Definition

Tabular disclosure of reconciliation between the theoretical tax expense, assuming all income is taxed at the statutory tax rate applicable to income of the Company, and the actual tax expense (benefit) as reported in the statement of operations.

+ References

No definition available.

+ Details

Name:	audc_ScheduleOfIncomeTaxReconciliationBetweenTheoreticalAndActualTaxExpensesBenefitTableTextBlock
Namespace Prefix:	audc_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h)(1)(i))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Name:	us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration