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Taxes on Income (Tables)

12 Months Ended

Dec. 31, 2017

Taxes on Income [Abstract]

Schedule of income before income tax

			Year ended December 31,
			2015				2016				2017
	Domestic		$	18,350			$	15,334			$	19,442
	Foreign			2,407				5,323				4,803
			$	20,757			$	20,657			$	24,245

Schedule of taxes on income (tax benefit)

			Year ended December 31,
			2015				2016				2017
	Current:
	Domestic		$	3,466			$	2,919			$	5,928
	Foreign			880				1,863				1,511
				4,346				4,782				7,439
	Deferred taxes:
	Domestic			(500	)			(666	)			(1,160	)
	Foreign			(165	)			(167	)			52
				(665	)			(833	)			(1,108	)
	Taxes on income		$	3,681			$	3,949			$	6,331

Schedule of deferred tax assets and liabilities

			December 31,
			2016				2017
	Net operating loss carryforwards		$	3,838			$	4,355
	Allowances, reserves and intangible assets			1,943				1,974
	Deferred tax assets before valuation allowance			5,781				6,329
	Less - valuation allowance			(2,233	)			(3,339	)
	Deferred tax assets, net		$	3,548			$	2,990

Schedule of deferred tax liabilities

			December 31,
			2016				2017
	Long-term tax assets		$	3,548			$	2,990
	Long-term tax liabilities			(12,494	)			(11,331	)
	Net deferred tax liabilities		$	(8,946	)		$	(8,341	)

Schedule of effective income tax rate reconciliation

			Year ended December 31,
			2015				2016				2017
	Income before taxes, as reported in the consolidated statements of income		$	20,757			$	20,657			$	24,245
	Statutory tax rate			26.5	%			25	%			24	%
	Theoretical tax expenses on the above amount at the Israeli statutory tax rate		$	5,501			$	5,164			$	5,819
	Tax adjustment in respect of different tax rates			(923	)			(1,214	)			268
	Deferred taxes on losses for which full valuation allowance was provided in the past			131				(455	)			658
	Tax-deductible costs, not included in the accounting costs			(733	)			(342	)			(38	)
	Tax benefits in respect of prior years, net			(133	)			1,262				(488	)
	Nondeductible expenses			177				(232	)			70
	Uncertain tax position and other differences			(339	)			(234	)			42
	Income tax		$	3,681			$	3,949			$	6,331

Schedule of unrecognized tax benefits

	Gross unrecognized tax benefits at January 1, 2015		$	342
	Increase in tax positions taken in prior years			469
	Decrease in tax positions taken in prior years			(145	)
	Gross unrecognized tax benefits at December 31, 2015			666
	Increase in tax positions taken in prior years			159
	Decrease in tax positions taken in prior years			-
	Gross unrecognized tax benefits at December 31, 2016			825
	Increase in tax positions taken in prior years			300
	Decrease in tax positions taken in prior years			-
	Gross unrecognized tax benefits at December 31, 2017		$	1,125

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
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-Name Accounting Standards Codification
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-SubTopic 10
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-SubTopic 10
-Section S99
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