DERIVATIVES AND HEDGING ACTIVITIES (Tables)

3 Months Ended

Mar. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Value of Outstanding Derivative Instruments

The fair value of the Company’s outstanding derivative instruments is as follows:

	As at March 31,		As at December 31,
	2015		2014
	(Unaudited)		(Audited)
Derivative assets:
Derivatives designated as cash flow hedging instruments:
Foreign exchange forward contracts	$	1	$	—
Total	$	1	$	—
Derivative liabilities:
Derivatives designated as cash flow hedging instruments:
Foreign exchange option contracts	$	77	$	52
Foreign exchange forward contracts		25		12
Total	$	102	$	64

Increase in Unrealized Gains (Losses) Recognized in "Accumulated Other Comprehensive Income (Loss)" on Derivatives, Before Tax Effect

The increase in unrealized gains (losses) recognized in “accumulated other comprehensive income (loss)” on derivatives, before tax effect, is as follows:

	Three months ended March 31,
	2015			2014
	(unaudited)			(unaudited)
Derivatives designated as cash flow hedging instruments:
Foreign exchange option contracts	$	(76	)	$	11
Foreign exchange forward contracts		(34	)		17
	$	(110	)	$	28

Net (Gains) Losses Reclassified from "Accumulated Other Comprehensive Income (Loss)"

The net (gains) losses reclassified from “accumulated other comprehensive income (loss)” into income, are as follows:

	Three months ended March 31,
	2015		2014
	(unaudited)		(unaudited)
Derivatives designated as cash flow hedging instruments:
Foreign exchange option contracts	$	51	$	—
Foreign exchange forward contracts		22		(1	)
	$	73	$	(1	)