SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2014

SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Schedule of Property and Equipment, Estimated Useful Lives, Annual Rate

Property and equipment are stated at cost, net of accumulated depreciation. Depreciation is calculated by the straight-line method over the estimated useful lives of the assets, at the following annual rates:

	%
Laboratory equipment	10-15
Computers and peripheral equipment	33
Office furniture and equipment	6-15
Vehicles	15
Leasehold improvements	The shorter of the expected useful life or the reasonable assumed term of the lease.

Schedule of Comprehensive Income

The Company determined that its items of other comprehensive income relate to gains and losses on cash flow hedging derivative instruments and unrealized gains and losses on available for sale marketable securities.

	Year ended June 30, 2014
	Unrealized gains on marketable securities			Unrealized gains on cash flow hedges		Total
Beginning balance	$	259		$	-	$	259
Other comprehensive income before reclassifications		3,404			23		3,427
Amounts reclassified from accumulated other comprehensive loss		(727	)		-		(727	)
Net current-period other comprehensive income		2,677			23		2,700
Ending balance	$	2,936		$	23	$	2,959