FIXED ASSETS, NET

12 Months Ended

Dec. 31, 2012

NOTE 4 - FIXED ASSETS, NET

Composition:

	As of December 31,
	2 0 1 2		2 0 1 1
Cost:
Electronic equipment	$	17,164	$	13,283
Office furniture and equipment		889		856
Leasehold improvements		4,295		3,217
		22,348		17,356
Accumulated depreciation and amortization:
Electronic equipment		10,651		8,719
Office furniture and equipment		731		648
Leasehold improvements		2,306		1,991
		13,688		11,358

Net book value	$	8,660	$	5,998

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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