XML 69 R36.htm IDEA: XBRL DOCUMENT v2.4.0.6
TAXES ON INCOME (Tables)
 12 Months Ended
Dec. 31, 2012
Income Tax Disclosure [Abstract]  
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]
    Year ended December 31,  
    2010     2011     2012  
                   
Domestic   $ 4,288     $ 7,197     $ 10,462  
Foreign     4,985       7,866       6,092  
                         
    $ 9,273     $ 15,063     $ 16,554
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Taxes on income (tax benefit) consist of the following:

 

    Year ended December 31,  
    2010     2011     2012  
Current:                        
                         
Domestic   $ 446     $ 447     $ (1,291 )
Foreign     1,234       1,000       302  
                         
      1,680       1,447       (989 )
Deferred taxes:                        
                         
Domestic     (2,681 )     (1,800 )     414  
Foreign     899       150       669  
                         
      (1,782 )     (1,650 )     1,083  
                         
Taxes on income (tax benefit)   $ (102 )   $ (203 )   $ 94
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Significant components of the Company and its subsidiaries deferred tax assets are as follows:

 

    December 31,  
    2011     2012  
             
Net operating loss carryforwards   $ 8,403     $ 5,938  
Allowances, reserves and intangible assets     993       809  
                 
Deferred tax assets before valuation allowance     9,396       6,747  
Less - valuation allowance     (2,891 )     (888 )
                 
Deferred tax assets     6,505       5,859  
Capitalized software costs     (1,575 )     (1,772 )
                 
Deferred tax assets, net   $ 4,930     $ 4,087  
Schedule Of Deferred Tax Assets [Table Text Block]

Both current deferred tax liabilities and long term deferred tax liabilities are in respect of acquired intangible assets.

 

    December 31,  
    2011     2012  
             
Current tax assets   $ 1,877     $ 2,522  
Non-current tax assets     3,053       1,565  
                 
Deferred tax assets   $ 4,930     $ 4,087
Schedule Of Deferred Tax Liabilities [Table Text Block]

Significant components of the Company and its subsidiaries deferred tax liability are as follows:

 

    December 31,  
    2011     2012  
             
Current liabilities   $ (2,509 )   $ (2,355 )
Non-current liabilities     (735 )     (738 )
                 
Net deferred tax liabilities   $ (3,244 )   $ (3,093 )
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

Reconciling items between the 2010, 2011 and 2012 statutory tax rate (25%, 24% and 25%, respectively) of the Company and the effective tax rate is presented in the following table:

 

    Year ended December 31,  
    2010     2011     2012  
                   
Income before taxes, as reported in the consolidated statements of income   $ 9,273     $ 15,063     $ 16,554  
                         
Statutory tax rate     25 %     24 %     25 %
                         
Theoretical tax expenses on the above amount at the Israeli statutory tax rate   $ 2,318     $ 3,615     $ 4,139  
Tax adjustment in respect of different tax rates     525       866       444  
Deferred taxes on losses for which full valuation allowance was provided in the past     (1,663 )     (37 )     651  
Changes in valuation allowance     (2,676 )     (4,429 )     (2,003 )
Tax benefits in respect of prior years, net     318       (73 )     (1,126 )
Nondeductible expenses     181       40       *)            20  
Uncertain tax position and other differences     895       (185 )     **)      (2,031 )
                         
Income tax (tax benefit)   $ (102 )   $ (203 )   $ 94  

 

*) In 2012, the Company reversed its writeoff of tax prepayment advances from prior years since the Company believes the utilization of the prepayments is more-likely-than not in the near future.
**)

This amount is mainly comprised of tax provisions reversal due to statute of limitation of prior years' tax assessments amounting to $1,270.
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

A reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits is as follows:

 

Gross unrecognized tax positions at January 1, 2011   $ 1,194  
         
Increase in tax positions taken in the year     710  
         
Gross unrecognized tax positions at December 31, 2011     1,904  
         
Increase in tax positions taken in prior years     270  
         
Decrease in tax positions taken in prior years     (489 )
         
Gross unrecognized tax benefits at December 31, 2012   $ 1,685