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Other Current Liabilities | 12 Months Ended
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Dec. 31, 2015
Other Current Liabilities [Abstract] |
Other Current Liabilities | Note 11 - Other Current Liabilities
|  | December 31, |
|  | 2015 |  |  | 2014 |
|  | U.S. Dollars |
Liability in respect of litigation |  |  | 14,600 |  |  |  | - |
Accrued employee compensation and related benefits |  |  | 6,634 |  |  |  | 6,306 |
Commissions |  |  | 2,876 |  |  |  | 2,048 |
Accrued expenses |  |  | 2,446 |  |  |  | 2,146 |
Advances from customers and deferred revenues |  |  | 1,961 |  |  |  | 1,416 |
Accrued warranty costs (2) |  |  | 1,448 |  |  |  | 1,151 |
Government institutions |  |  | 737 |  |  |  | 1,084 |
Current maturities of OCS liability (1) |  |  | 10 |  |  |  | 228 |
Current maturities of contingent consideration (1) |  |  | - |  |  |  | 1,900 |
|  |  | 30,712 |  |  |  | 16,279 |
| (1) | In accordance with ASC Topic 820 (Statement 157), the Company’s liabilities for contingent consideration in respect of the acquisition of Printar (see Note 22) were measured at fair value using Level 3 inputs.
In 2015, the Company signed an agreement with Printar, whereby its obligation to pay $2,000 – conditional on certain terms relating to the sale of machinery based on the solder mask technology, if and when the products were commercialized – was replaced and paid off with a one time final payment of $425, which the Company paid $50 in cash and issued shares with the fair value of $375. As a result a gain from the decrease in the liability was recorded in a separate line item within operating expenses in the consolidated statement of operations.
| (2) | Changes in the accrued warranty costs are as follows:
|  | Year Ended December 31, |
|  | 2015 |  |  | 2014 |  |  | 2013 |
|  | U.S. Dollars |
Beginning of year |  |  | 1,151 |  |  |  | 1,304 |  |  |  | 1,150 |
New warranties |  |  | 2,472 |  |  |  | 2,152 |  |  |  | 2,327 |
Reductions |  |  | (2,175 | ) |  |  | (2,305 | ) |  |  | (2,173 | )
Balance at end of year |  |  | 1,448 |  |  |  | 1,151 |  |  |  | 1,304 |

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