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OTHER CURRENT LIABILITIES | 12 Months Ended
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Dec. 31, 2012
OTHER CURRENT LIABILITIES [Abstract] |
OTHER CURRENT LIABILITIES | NOTE 5 - OTHER CURRENT LIABILITIES A. Consists of:
|  | As of December 31, |
|  | 2 0 1 2 |  |  | 2 0 1 1 |
Accrued salaries and fringe benefits |  | $ | 4,824 |  |  | $ | 3,869 |
Accrued warranty costs (See B below) |  |  | 1,994 |  |  |  | 2,044 |
Governmental institutions |  |  | 1,356 |  |  |  | 1,066 |
Investment in financial instruments |  |  | - |  |  |  | 402 |
Other |  |  | 270 |  |  |  | 701 |
|  | $ | 8,444 |  |  | $ | 8,082 |
B. Accrued warranty costs: The Company provides standard warranty coverage on its systems. Parts and labor are covered under the terms of the warranty agreement. The Company accounts for the estimated warranty cost as a charge to costs of revenues when revenue is recognized. The following table provides the changes in the product warranty accrual for the fiscal years ended December 31, 2012 and 2011:
|  | As of December 31, |
|  | 2 0 1 2 |  |  | 2 0 1 1 |
Balance as of beginning of year |  | $ | 2,044 |  |  | $ | 2,347 |
Services provided under warranty |  |  | (2,100 | ) |  |  | (2,518 | )
Changes in provision |  |  | 2,050 |  |  |  | 2,215 |
Balance as of end of year |  | $ | 1,994 |  |  | $ | 2,044 |

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- Definition The entire disclosure for accounts payable, accrued expenses, and other liabilities that are classified as current at the end of the reporting period. + References No definition available. + Details
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