DERIVATIVES AND HEDGING ACTIVITIES (Tables)

3 Months Ended

Mar. 31, 2016

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:

	March 31,		December 31,
	2016		2015
	(Unaudited)		(Audited)
Derivative assets:
Derivatives designated as cash flow hedging instruments:
Foreign exchange option contracts	$	122	$	—
Foreign exchange forward contracts		97		9
Total	$	219	$	9

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

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

	Three months ended March 31,
	2016		2015
	(unaudited)		(unaudited)
Derivatives designated as cash flow hedging instruments:
Foreign exchange option contracts	$	122	$	(76	)
Foreign exchange forward contracts		113		(34	)
	$	235	$	(110	)

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,
	2016			2015
	(unaudited)			(unaudited)
Derivatives designated as cash flow hedging instruments:
Foreign exchange option contracts	$	—		$	51
Foreign exchange forward contracts		(25	)		22
	$	(25	)	$	73