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COMMITMENTS AND CONTINGENCIES
 3 Months Ended
Sep. 30, 2014
COMMITMENTS AND CONTINGENCIES [Abstract]  
COMMITMENTS AND CONTINGENCIES
NOTE 5: - COMMITMENTS AND CONTINGENCIES
 
Commitments and contingencies that changed during the three months ended September 30, 2014, include the following:
 
 
a.
Increase in the amount of $155 of cash pledged by the Company to secure its hedging transactions, credit line and bank guarantees.
 
 
b.
The Company, through its Israeli subsidiary, participated in programs sponsored by the Israeli Government for the support of research and development activities. The Company is obligated to pay royalties to the OCS, amounting to 3%-4% of the sales of the products and other related revenues generated from such projects, up to 100% of the grants received, linked to the U.S. dollars and for grants received after January 1, 1999, also bearing interest at the rate of LIBOR. The obligation to pay these royalties is contingent on actual revenues and in the absence of such revenues, no payment is required.
 
Through September 30, 2014, total grants obtained aggregated to approximately $17,406, and total royalties paid and accrued amounted to $57. As of September 30, 2014, the Company's contingent liability in respect to royalties to the OCS amounted $17,349, not include LIBOR interest as described above.