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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Taxes [Abstract]

Composition of Income (Loss) Before Income Taxes and Income Tax Expense (Benefit)

		Year Ended December 31,
		2015				2014				2013
		U.S. Dollars
Income (loss) before income taxes:
Israel			(13,807	)			2,975				(2,638	)
Non-Israeli			1,871				941				2,036
			(11,936	)			3,916				(602	)
Income tax expense:
Current:
Israel			146				191				121
Non-Israeli			414				224				709
			560				415				830
Deferred tax expense (benefit):
Israel			(2,654	)			38				(1,287	)
Non-Israeli			271				126				(152	)
			(2,383	)			164				(1,439	)
			(1,823	)			579				(609	)

Reconciliation of The Theoretical Income Tax Expense (Benefit)

		Year Ended December 31,
		2015				2014				2013
		U.S. Dollars
Income (loss) before income taxes			(11,936	)			3,916				(602	)
Statutory tax rate			26.5	%			26.5	%			25	%
Theoretical income tax expense  (benefit)			(3,163	)			1,038				(151	)
Increase (decrease) in income tax expense resulting from:
Tax expense (benefits) arising from “Approved and
Beneficiating Enterprises” and preferential tax rate in China			(523	)			(1,215	)			711
Change in valuation allowance(*)			308				(40	)			586
Non-deductible expenses(**)			640				55				218
Differences between foreign  currencies
and dollar-adjusted financial statements-net			283				952				(1,133	)
Purchase price adjustment for contingent liabilities			-				-				(580	)
Foreign tax rate differential			(44	)			(13	)			(101	)
Undistributed earnings of subsidiary			490				-				-
Other			186				(198	)			(159	)
Actual income tax expense (benefit)			(1,823	)			579				(609	)
Per share effect of the tax benefits arising from
“Approved and Beneficiating Enterprises” and
preferential tax rate in China:
Basic		$	0.00			$	(0.04	)		$	0.00
Diluted		$	0.00			$	(0.04	)		$	0.00

Schedule of Deferred Tax Assets and Liabilities

		December 31,
		2015				2014
		U.S. Dollars
Deferred tax assets:
Allowance for doubtful accounts			184				136
Accrued warranty			87				114
Unearned revenue			165				125
Accrued expenses			493				448
Net operating losses (NOL) and tax credit carryforwards			6,823				3,761
Other temporary differences*			197				*334
Total gross deferred tax assets			7,949				4,918
Valuation allowance			(3,087	)			(2,953	)
Deferred tax asset, net of valuation allowance			4,862				1,965
Deferred tax liability:
Property, plant and equipment			(240	)			(216	)
Undistributed earnings			(490	)
Net deferred tax assets			4,132				1,749

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- References

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- 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://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

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- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

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- Definition

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

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-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

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