BASIC AND DILUTED NET EARNINGS (LOSS) PER SHARE (Tables)

9 Months Ended

Sep. 30, 2013

Earnings Per Share [Abstract]

Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]

BASIC AND DILUTED NET EARNINGS (LOSS) PER SHARE

 

	Nine months ended September 30,
	2013			2012
Numerator:
Net earnings (loss) available to ordinary shareholders	$	1,447		$	(4,701)
Denominator:
Denominator for basic earnings per share - weighted average number of ordinary shares, net of treasury stock		38,121,100			39,523,180
Effect of dilutive securities:
Employee stock options		732,850			-	*)
Senior convertible notes		-	*)		-	*)
Denominator for diluted net earnings per share - adjusted weighted average number of shares		38,853,950			39,523,180

*) Antidilutive.