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MARKETABLE SECURITIES
 12 Months Ended
Dec. 31, 2011
Marketable Securities [Abstract]  
Marketable Securities [Text Block]
NOTE 4:- MARKETABLE SECURITIES

 

The Group invests in marketable debt and equity securities, which are classified as available-for-sale. The following is a summary of marketable securities:

 

    December 31,  
    2010     2011  
    Amortized
cost		     Unrealized
losses		     Unrealized
gains		     Market
value		     Amortized
cost		     Unrealized
losses		     Unrealized gains     Market
value		  
Available-for-sale:                                                                
                                                                 
Governmental bonds   $ 407     $ -     $ 37     $ 444     $ 407     $ -     $ 28     $ 435  
Commercial bonds     2,114       -       90       2,204       571       -       67       638  
Equity funds     118       -       91       209       118       -       50       168  
                                                                 
Total available-for-sale marketable securities   $ 2,639     $ -     $ 218     $ 2,857     $ 1,096     $ -     $ 145     $ 1,241  

 

 

The amortized costs of available-for-sale debt securities at December 31, 2011, by contractual maturities, are shown below:

 

          Gross unrealized gains (losses)        
    Amortized
cost		     Gains     Losses     Estimated
fair value		  
                         
Due in one year or less   $ 399     $ 1     $ -     $ 400  
Due between one year to five years     579       94       -       673  
                                 
    $ 978     $ 95     $ -     $ 1,073  

 

The actual maturity dates may differ from the contractual maturities because debtors may have the right to call or prepay obligations without penalties.

 

The following is the change in the other comprehensive income of available-for-sale securities during 2011:

 

    Other
comprehensive
income		  
       
Other comprehensive income from available-for-sale securities as of January 1, 2011   $ 218  
         
Reclassification to earnings of realized gain from  available-for-sale securities     (20 )
Unrealized loss from available-for-sale securities     (53 )
         
Other comprehensive income from available-for-sale securities as of December 31, 2011   $ 145  

 

The following is the change in the other comprehensive income of available-for-sale securities during 2010:

    Other
comprehensive
income		  
       
Other comprehensive income from available-for-sale securities as of January 1, 2010   $ 267  
         
Reclassification to earnings of realized gain from available-for-sale securities     (62 )
Unrealized gain from available-for-sale securities     13  
         
Other comprehensive income from available-for-sale securities as of December 31, 2010   $ 218