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SHAREHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2020
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 years ended December 31, 2020, 2019 and 2018 was estimated using the following weighted average assumptions:

Year ended December 31,

2020

2019

2018

 

Risk free interest

-

1.35%-2.51%

2.48%-2.82%

Dividend yields

-

0%

0%

Volatility

-

33.35%-34.32%

33%

Expected term (in years)

-

4.22-4.26

4.3-4.39

Schedule of Stock-Based Compensation Expenses

During the year ended December 31, 2020, 2019 and 2018 the stock-based compensation for options were recognized in the consolidated statement of income (loss) in the following line items:

Year ended December 31,

2020

2019

2018

 

Cost of revenues of products

$

82

$

138

$

75

Cost of revenues of services

84

120

39

Research and development, net

279

280

134

Selling and marketing

287

448

236

General and administrative

550

1,149

522

$

1,282

$

2,135

$

1,006

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, 2020 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, 2020

3,168,980

$

6.6

3.8

$

5,936

 

Granted

-

$

-

Exercised

(269,702

)

$

4.8

Forfeited

(122,500

)

$

8.1

 

Outstanding at December 31, 2020

2,776,778

$

6.7

3.0

$

2,393

 

Exercisable at December 31, 2020

1,360,403

$

5.0

1.9

$

2,258

(*) In November 2020 the Company distributed a cash dividend in the amount of $19,999 or $0.36 per share. All exercise prices were updated on a retrospective basis (See also Note 11.c)

Schedule of Stock Option Activity by Exercise Price

The outstanding and exercisable options granted to employees under the 2008 Plan as of December 31, 2020, have been separated into ranges of exercise price as follows:

Ranges of

exercise

price

Options

outstanding

as of

December 31,

2020

Weighted

average

remaining

contractual

life (years)

Weighted

average

exercise

price

Options

exercisable

as of

December 31,

2020

Weighted

average exercise

price of

exercisable

options

 

$2.96-4.27

824,982

1.3

$

4.0

824,982

4.0

$4.32-5.70

333,046

2.4

$

5.0

235,421

5.0

$7.05-9.15

1,618,750

4.0

$

8.4

300,000

7.5

 

2,776,778

3.0

$

6.7

1,360,403

5.0