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SHAREHOLDERS' EQUITY (Tables) - Employee and director [Member]

6 Months Ended

Jun. 30, 2021

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Assumptions Used to Estimate Fair Value

The fair value of the Company's stock options granted to employees for the six months ended June 30, 2021 and 2020 was estimated using the following weighted average assumptions:

		Six months ended June 30,
		2021		2020
Risk free interest		0.26%-0.6%		-
Dividend yields		0%		-
Volatility		41%-50%		-
Expected term (in years)		4.03-4.04		-

Schedule of Stock Option Activity

A summary of employee and director option balances under the 2008 Plan as of June 30, 2021 and changes during the six months then ended are as follows:

		Number of options				Weighted- average exercise price (*)				Weighted- average remaining contractual term (in years)				Aggregate intrinsic value (*)
Outstanding at January 1, 2021			2,776,778			$	6.1				3			$	4,142
Granted			2,002,500			$	7.7
Exercised			(1,340,777	)		$	4.6
Forfeited			(593,750	)		$	8.1
Outstanding as of June 30, 2021			2,844,751			$	7.5				4.8			$	8,570
Exercisable as of June 30, 2021			304,543			$	6.0				2.3			$	1,274

(*) In January 2021 the Company distributed a cash dividend in the amount of $35,003 or $0.63 per share. All exercise prices were updated on a retrospective basis (See also Note 8(c)).

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- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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