SHAREHOLDERS EQUITY (Tables)

12 Months Ended

Dec. 31, 2017

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Assumptions Used to Estimate Fair Value

The fair value of the Company's stock options granted to employees for the year ended December 31, 2017 was estimated using the following weighted average assumptions:

	Year ended December 31,
	2017
Risk free interest	1.66%-2.00%
Dividend yields	0%
Volatility	33%
Expected term (in years)	4.52

Employee [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Stock Option Activity

A summary of employee option balances under the 2008 Plan as of December 31, 2017 and changes during the year then ended are as follows:

	Number of options			Weighted-average exercise price		Weighted- average remaining contractual term (in years)		Aggregate intrinsic value (in thousands)
Outstanding at January 1, 2017		2,400,000		$	5.0		4.4	$	380
Granted		605,000		$	5.8
Exercised		(136,500	)	$	5.0
Forfeited		(60,500	)	$	5.3
Outstanding at December 31, 2017		2,808,000		$	5.2		4.0	$	7,138
Exercisable at December 31, 2017		1,030,833		$	5.1		3.0	$	2,699

Schedule of Stock Option Activity by Exercise Price

The outstanding and exercisable options granted to employees under the 2008 Plan as of December 31, 2017, have been separated into ranges of exercise price as follows:

		Options		Weighted				Options		Weighted
		outstanding		average		Weighted		exercisable		average exercise
Ranges of		as of		remaining		average		as of		price of
exercise		December 31,		contractual		exercise		December 31,		exercisable
price		2017		life (years)		price		2017		options
$	3.14-4.62		310,000		3.7	$	4.0		113,500	$	3.8
$	4.79-6.72		2,478,000		4.0	$	5.3		917,333	$	5.3
$	8.14		20,000		5.9	$	8.1		-	$	-
			2,808,000		4.0	$	5.2		1,030,833	$	5.1

Summary of Restricted Stock Activity

The following table summarizes information regarding the number of RSUs issued and outstanding as of December 31, 2017and changes during the year then ended:

Employees:

	Year ended December 31,
	2017
	Number of RSUs			Weighted average grant date fair value
RSUs outstanding at the beginning of the year		8,100		$	5.8
Vested		(8,100	)	$	5.8
Forfeited		-			-
RSUs outstanding at the end of the year		-		$	-