XML 107 R86.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Note 15 - Stock-based Compensation - Fair Value of Stock-based Award Using Exercise Multiple-based Lattice SAR Pricing Model Assumptions (Details) |  |  |  |  | 12 Months Ended
--- | --- | --- | --- | --- | ---
Nov. 08, 2017 | Aug. 04, 2017 | Nov. 08, 2016 | Jun. 13, 2016 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015
Risk-free interest rate |  |  |  |  | 1.90% | 1.30% | 1.40%
Expected life (in years) (Year) |  |  |  |  | 3 years 36 days | 4 years 182 days | 4 years
Dividend yield |  |  |  |  | 0.62% | 1.10% | 0.70%
Expected volatility |  |  |  |  | 27.20% | 30.70% | 29.20%
Forfeiture rate |  |  |  |  | 0.00% | 8.40% | 0.00%
Stock Appreciation Rights (SARs) [Member] |  |  |  |  |  |  |
Risk-free interest rate |  | 1.74% |  |  |  |  |
Expected life (in years) (Year) |  | 5 years |  |  |  |  |
Dividend yield |  | 0.66% |  |  |  |  |
Expected volatility |  | 26.30% |  |  |  |  |
Forfeiture rate |  | 10.30% |  |  |  |  |
Sub-optimal Exercise Factor |  | 2 |  |  |  |  |
Stock Appreciation Rights (SARs) [Member] | Senior Management and Other Employees [Member] |  |  |  |  |  |  |
Risk-free interest rate |  |  |  | 1.29% |  |  |
Expected life (in years) (Year) |  |  |  | 6 years |  |  |
Dividend yield |  |  |  | 1.14% |  |  |
Expected volatility |  |  |  | 30.70% |  |  |
Stock Appreciation Rights (SARs) [Member] | Directors [Member] |  |  |  |  |  |  |
Risk-free interest rate |  |  | 1.65% |  |  |  |
Expected life (in years) (Year) |  |  | 7 years |  |  |  |
Dividend yield |  |  | 1.10% |  |  |  |
Expected volatility |  |  | 30.60% |  |  |  |
Forfeiture rate |  |  | 0.00% |  |  |  |
Sub-optimal Exercise Factor |  |  | 2.5 |  |  |  |
Stock Appreciation Rights (SARs) [Member] | Senior Management [Member] |  |  |  |  |  |  |
Forfeiture rate |  |  |  | 0.00% |  |  |
Sub-optimal Exercise Factor |  |  |  | 2.5 |  |  |
Stock Appreciation Rights (SARs) [Member] | Other Employees [Member] |  |  |  |  |  |  |
Forfeiture rate |  |  |  | 10.50% |  |  |
Sub-optimal Exercise Factor |  |  |  | 2 |  |  |
Employee Stock Option [Member] | Director [Member] |  |  |  |  |  |  |
Risk-free interest rate |  | 2.08% |  |  |  |  |
Expected life (in years) (Year) |  | 7 years |  |  |  |  |
Dividend yield |  | 0.69% |  |  |  |  |
Expected volatility |  | 29.40% |  |  |  |  |
Forfeiture rate |  | 0.00% |  |  |  |  |
Sub-optimal Exercise Factor |  | 2.5 |  |  |  |  |
SARs and RSUs [Member] | Directors and Senior Management [Member] |  |  |  |  |  |  |
Risk-free interest rate | 2.10% |  |  |  |  |  |
Expected life (in years) (Year) | 6 years |  |  |  |  |  |
Dividend yield | 0.60% |  |  |  |  |  |
Expected volatility | 26.90% |  |  |  |  |  |
Forfeiture rate | 0.00% |  |  |  |  |  |
Sub-optimal Exercise Factor | 2.5 |  |  |  |  |  |

X
- Definition Share based compensation arrangement by share based payment award fair value assumptions expected forfeitures. + References No definition available. + Details
Name: | ora_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitures
Namespace Prefix: | ora_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the sub-optimal exercise factor. + References No definition available. + Details
Name: | ora_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsSuboptimalExerciseFactor
Namespace Prefix: | ora_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2)(iii) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2)(ii) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2)(iv) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2)(i) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14.D.2) -URI http://asc.fasb.org/extlink&oid=115993241&loc=d3e301413-122809 + Details
Name: | us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_AwardTypeAxis=us-gaap_StockAppreciationRightsSARSMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_TitleOfIndividualAxis=ora_SeniorManagementAndOtherEmployeesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_TitleOfIndividualAxis=ora_DirectorsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_TitleOfIndividualAxis=ora_SeniorManagementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_TitleOfIndividualAxis=ora_OtherEmployeesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=us-gaap_EmployeeStockOptionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_TitleOfIndividualAxis=us-gaap_DirectorMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=ora_SARsAndRSUsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_TitleOfIndividualAxis=ora_DirectorsAndSeniorManagementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |