XML 109 R20.htm IDEA: XBRL DOCUMENT
v2.4.1.9

SUPPLEMENTARY BALANCE SHEET INFORMATION | 12 Months Ended
--- | ---
Dec. 31, 2014
SUPPLEMENTARY BALANCE SHEET INFORMATION [Abstract] |
SUPPLEMENTARY BALANCE SHEET INFORMATION |
NOTE 12:- | SUPPLEMENTARY BALANCE SHEET INFORMATION
a. Other current assets:
|  |  | December 31,
|  |  | 201 4 |  |  | 20 13
VAT receivables |  |  | $ | 2,755 |  |  | $ | 2,214
Prepaid expenses |  |  |  | 1,707 |  |  |  | 2,512
Deferred charges |  |  |  | 1,735 |  |  |  | 1,273
Tax receivables |  |  |  | 843 |  |  |  | 596
Employees |  |  |  | 215 |  |  |  | 58
Income receivable |  |  |  | 858 |  |  |  | 332
Advance payments to suppliers |  |  |  | 3,611 |  |  |  | 1,197
Short term deferred taxes |  |  |  | 69 |  |  |  | 66
Financial instruments |  |  |  | 1,949 |  |  |  | -
Other |  |  |  | 1,018 |  |  |  | 1,895
|  |  | $ | 14,760 |  |  | $ | 10,143
b. Short-term bank credit: The following is classified by currency and interest rates:
|  |  | Weighted average
|  |  | interest rate
|  |  | December 31, |  |  | December 31,
|  |  | 2014 |  |  | 2013 |  |  | 2014 |  |  | 2013
|  |  | %
In dollar |  |  |  | 2.43 | % |  | - |  |  | $ | 15,857 |  |  | $ | - |
The Group has restricted cash of $ 12,500 as collateral for part of its short-t erm bank credit. c. Other current liabilities:
|  |  | December 31,
|  |  | 201 4 |  |  | 201 3
Advances from customers |  |  | $ | 2,940 |  |  | $ | 28,878
Payroll and related employee accruals |  |  |  | 6,793 |  |  |  | 6,323
Deferred revenue |  |  |  | 3,987 |  |  |  | 6,255
Provision for vacation pay |  |  |  | 5,101 |  |  |  | 6,008
Derivative instruments |  |  |  | 806 |  |  |  | -
Government authorities |  |  |  | 1,173 |  |  |  | 2,233
Other |  |  |  | 727 |  |  |  | 4,969
|  |  | $ | 21,527 |  |  | $ | 54,666
d. Long-term loans:
|  |  |  |  | Interest rate for |  |  |  |  |  | December 31,
|  |  |  |  | 201 4 |  |  | 201 3 |  |  |  |  |  | 201 4 |  |  | 201 3
|  | Linkage |  |  | % |  |  | % |  |  | Maturity |  |  |
Loans from banks: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(a) |  | U.S.dollar |  |  |  | 4.77% |  |  |  |  | 4.77% |  |  |  |  | 2012-2022 |  |  |  | $ | 28,000 |  |  | $ | 32,000
(b) |  | Euro |  |  |  | EURIBOR +2.75% |  |  |  |  | EURIBOR +2.75% |  |  |  |  | 2001-2020 |  |  |  |  | 2,534 |  |  |  | 3,425
(c) |  | Euro |  |  |  | 7.9% |  |  |  |  | 7.9% |  |  |  |  | 2012-2017 |  |  |  |  | 332 |  |  |  | 491
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 30,866 |  |  |  | 35,916
Less - current maturities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4,595 |  |  |  | 4,665
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 26,271 |  |  | $ | 31,251
(a) | The Company entered into a loan agreement with an Israeli bank. The loan is secured by a floating charge on the assets of the Company, and is further secured by a fixed pledge (mortgage) on the Company's real estate in Israel. In addition, there are financial covenants associated with the loan. As of December 31, 2014 the Company is in compliance with these covenants.
(b) | A Dutch subsidiary of the Company entered into a mortgage and loan agreement with a German bank. The amount of the mortgage is collateralized by the subsidiary's facilities in Germany.
(c) | Raysat BG entered into a mortgage business loan with a Bulgarian bank. The amount of the mortgage is collateralized by Raysat BG building in Bulgaria.
e. Long-term debt maturities for loans after December 31, 2014, are as follows:
Year ending December 31, |  |  |
2015 |  |  | $ | 4,595
2016 |  |  |  | 4,604
2017 |  |  |  | 4,592
2018 |  |  |  | 4,486
2019 |  |  |  | 4,486
2020 and thereafter |  |  |  | 8,103
|  |  | $ | 30,866
Interest expenses on the long-term loans amounted to $1,553, $ 1,854 and $ 2,153 for the years ended December 31, 201 4, 201 3 and 20 1 2, respectively. f. Other long-term liabilities:
|  |  | December 31,
|  |  | 201 4 |  |  | 20 1 3
Long-term tax accrual |  |  | $ | 1,174 |  |  | $ | 4,274
Deferred revenue |  |  |  | 32 |  |  |  | 76
Other |  |  |  | 3,973 |  |  |  | 527
|  |  | $ | 5,179 |  |  | $ | 4,877

X
- Details
Name: | gilt_SupplementaryBalanceSheetInformationAbstract
Namespace Prefix: | gilt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References No definition available. + Details
Name: | us-gaap_SupplementalBalanceSheetDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration