Marketable Securities

12 Months Ended

Dec. 31, 2017

NOTE 4:-

MARKETABLE SECURITIES

The Group invests in marketable debt and equity securities, which were classified at fair value through profit or loss and as available-for-sale securities. The following is a summary of marketable securities:

Composition:

	December 31,
	2016		2017

Fair value through profit or loss ⁽¹⁾	$	-	$	1,209
Available-for-sale		12,506		12,929

	$	12,506	$	14,138

(1) The Group recognized trading gains in the amount of $ 10 during the year ended December 31, 2017.

The following is a summary of marketable securities which are classified as available-for-sale:

	December 31,
	2016									2017
	Amortized cost		Unrealized losses			Unrealized gains		Market value		Amortized cost		Unrealized losses			Unrealized gains		Market value
Available-for-sale:

Corporate bonds	$	12,348	$	(72	)	$	-	$	12,276	$	12,987	$	(58	)	$	-	$	12,929

Equity funds		118		-			112		230		-		-			-		-

Total available-for-sale marketable securities	$	12,466	$	(72	)	$	112	$	12,506	$	12,987	$	(58	)	$	-	$	12,929

Marketable securities with contractual maturities within one year and from one to three years are as follows:

	Amortized		Unrealized gains (losses)					Market
	cost		Gains		Losses			value

Due within one year	$	4,045	$	-	$	(5	)	$	4,040

Due after one year through three years	$	8,942	$	-	$	(53	)	$	8,889

Total	$	12,987	$	-	$	(58	)	$	12,929

The total fair value of marketable securities with outstanding unrealized losses as of December 31, 2017 amounted to $12,929, while the unrealized losses for these marketable securities amounted to $ 57. Of the $ 57 unrealized losses outstanding as of December 31, 2017, a portion of which in the amount of $ 25 was related to marketable securities that were in a loss position for more than 12 months and the remaining portion of $ 32 was related to marketable securities that were in a loss position for less than 12 months.

The following is the change in the other comprehensive income of available-for-sale securities during 2016:

	Other comprehensive income (loss)

Other comprehensive income from available-for-sale securities as of January 1, 2016	$	35
Losses reclassified into earnings from marketable securities		16
Unrealized losses from available-for-sale securities		(11	)
Other comprehensive income from available-for-sale securities as of December 31, 2016	$	40

The following is the change in the other comprehensive income of available-for-sale securities during 2017:

	Other comprehensive income (loss)

Other comprehensive income from available-for-sale securities as of January 1, 2017	$	40
Gains reclassified into earnings from marketable securities		(94	)
Unrealized losses from available-for-sale securities		(4	)
Other comprehensive loss from available-for-sale securities as of December 31, 2017	$	(58	)