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LEASES
6 Months Ended
Jun. 30, 2019
Leases [Abstract]  
LEASES

NOTE 7: -    LEASES

 

At the beginning of fiscal 2019, the Company adopted ASC 842. The Company has entered into various non-cancelable operating lease agreements for certain of its offices and car leases. The Company's leases have original lease periods expiring between 2020 and 2027. Several leases include one or more options to renew. The Company does not assume renewals in determination of the lease term unless the renewals are deemed to be reasonably assured at lease commencement.

 

The following is a schedule, by years, of maturities of lease liabilities as of June 30, 2019:

 

    Operating Leases 
      
  July 1st 2019 until December 31, 2019   $975 
  2020    1,377 
  2021    1,213 
  2022    1,032 
  2023    518 
  2024 and after    15 
  Total operating lease payments   $5,130 
  Less: imputed interest    378 
  Present value of lease liabilities   $4,752 

 

The Company’s weighted-average discount rate is 4.5%