NOTE 4:

MARKETABLE SECURITIES

The following is a summary of available-for-sale marketable securities:


	March 31, 2016 (Unaudited)
	Amortized cost		Gross unrealized gains		Gross unrealized losses			Fair value
Available-for-sale - matures within one year:
Certificate of deposits	$	1	$	—	$	—		$	1
Corporate bonds		6,084		—		(19	)		6,065

		6,085		—		(19	)		6,066

Available-for-sale - matures after one year through three years:
Government bonds		501		—		(1	)		500
Corporate bonds		47,945		40		(260	)		47,725

		48,446		40		(261	)		48,225

Total	$	54,531	$	40	$	(280	)	$	54,291


	December 31, 2015 (Audited)
	Amortized cost		Gross unrealized gains		Gross unrealized losses			Fair value

Available-for-sale - matures within one year:
Certificate of deposits	$	1	$	—	$	—		$	1
Corporate bonds		9,257		1		(50	)		9,208

		9,258		1		(50	)		9,209
Available-for-sale - matures after one year through three years:
Corporate bonds		39,501		—		(444	)		39,057

		39,501		—		(444	)		39,057

Total	$	48,759	$	1	$	(494	)	$	48,266

The following table presents gross unrealized losses and fair values for those investments that were in an unrealized loss position as of March 31, 2016 and December 31, 2015, and the length of time that those investments have been in a continuous loss position:


	Less than 12 months					12 months or greater
	Fair value		Gross unrealized loss			Fair value		Gross unrealized loss
As of March 31, 2016	$	31,619	$	(228	)	$	9,189	$	(52	)
As of December 31, 2015	$	32,695	$	(389	)	$	14,488	$	(105	)

As of March 31, 2016 and December 31, 2015, management believes the impairments are not other than temporary and therefore the impairment losses were recorded in accumulated other comprehensive income (loss).

The following table presents gross realized gains and losses from sale of available-for-sale marketable securities:


	Three months ended March 31,
	2016			2015
	(unaudited)			(unaudited)

Gross realized gains from sale of available-for-sale marketable securities	$	—		$	1
Gross realized losses from sale of available-for-sale marketable securities	$	(30	)	$	(14	)