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Marketable Securities

6 Months Ended

Jun. 30, 2018

Investments, Debt and Equity Securities [Abstract]

MARKETABLE SECURITIES

NOTE 4:- MARKETABLE SECURITIES

The Group invests in marketable debt 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:

a. Composition:

			June 30,				December 31,
			2018				2017
	Fair value through profit or loss (1)		$	1,166			$	1,209
	Available-for-sale			10,753				12,929
			$	11,919			$	14,138

(1) The Group recognized trading gains in the amount of $21 and $0 during the six months period ended June 30, 2018 and 2017, respectively.

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

			June 30,																December 31,
			2018																2017
			Amortized cost				Unrealized losses				Unrealized gains				Market value				Amortized cost				Unrealized losses				Unrealized gains				Market value
	Available-for-sale:
	Corporate bonds		$	10,905			$	(152	)		$	-			$	10,753			$	12,987			$	(58	)		$	-			$	12,929
	Total available-for-sale marketable securities		$	10,905			$	(152	)		$	-			$	10,753			$	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		$	4,513			$	-			$	(34	)		$	4,479
	Due after one year through three years		$	6,392			$	-			$	(118	)		$	6,274
	Total		$	10,905			$	-			$	(152	)		$	10,753

The total fair value of marketable securities with outstanding unrealized losses as of June 30, 2018 amounted to $10,753, while the unrealized losses for these marketable securities amounted to $152.  Of the $152 unrealized losses outstanding as of June 30, 2018, a portion of which in the amount of $45 was related to marketable securities that were in a loss position for more than 12 months and the remaining portion of $107 was related to marketable securities that were in a loss position for less than 12 months.

As of June 30, 2018 and December 31, 2017, management believes the impairments are not other than temporary and therefore the impairment losses were recorded in accumulated other comprehensive income (loss).

The following is the change in the other comprehensive income of available-for-sale securities during the six months ended June 30, 2018:

			Other comprehensive income (loss)
	Other comprehensive income from available-for-sale securities as of January 1, 2018		$	(57	)
	Losses reclassified into earnings from marketable securities			-
	Unrealized losses from available-for-sale securities			(95	)
	Other comprehensive income from available-for-sale securities as of June 30, 2018		$	(152	)

The following is the change in the other comprehensive income of available-for-sale securities during the six months ended June 30, 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			(106	)
	Unrealized losses from available-for-sale securities			45
	Other comprehensive loss from available-for-sale securities as of June 30, 2017		$	(21	)

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- References

No definition available.

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- Definition

The entire disclosure for investments in certain debt and equity securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 320
-URI http://asc.fasb.org/subtopic&trid=2209399

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 946
-SubTopic 320
-URI http://asc.fasb.org/subtopic&trid=2324412

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-URI http://asc.fasb.org/topic&trid=2196928

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 940
-SubTopic 320
-URI http://asc.fasb.org/subtopic&trid=2176304

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