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SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Schedule of Property and Equipment Useful Lives

Property and equipment are stated at cost, net of accumulated depreciation. Depreciation is calculated by the straight-line method over the estimated useful lives of the assets as follows:

Years

 

Buildings

50

Computers, software and electronic equipment

2 - 10

Office furniture and equipment

3 - 15

Vehicles

3 - 7

Schedule of Intangible Assets Estimated Useful Life

Intangible assets acquired in a business combination are recorded at fair value allocated to them at the date of acquisition, and subsequently stated at amortized cost. The assets are amortized over their estimated useful lives using the straight-line method over an estimated period during which benefits are expected to be received, in accordance with ASC 350, "Intangible - Goodwill and Other" ("ASC 350") as follows:

Years

 

Technology

7.9

Customer relationships

6.8

Marketing rights and patents

12.1

Schedule of Accumulated Other Comprehensive Income, Net

The following tables show the components of accumulated other comprehensive income (loss), as of December 31, 2021 and 2020:

December 31, 2021

Foreign currency

translation

adjustments

Unrealized gains

(losses) on cash flow

hedges

Total

 

Beginning balance

$

(6,017

)

$

-

$

(6,017

)

 

Other comprehensive income (loss) before reclassifications

(348

)

66

(282

)

Amounts reclassified from accumulated other comprehensive loss

-

(58

)

(58

)

 

Net current-period other comprehensive income (loss)

(348

)

8

(340

)

 

Ending balance

$

(6,365

)

$

8

$

(6,357

)

December 31, 2020

Foreign currency

translation

adjustments

Unrealized gains

(losses) on cash flow

hedges

Total

 

Beginning balance

$

(5,048

)

$

-

$

(5,048

)

 

Other comprehensive income (loss) before reclassifications

(969

)

169

(800

)

Amounts reclassified from accumulated other comprehensive loss

-

(169

)

(169

)

 

Net current-period other comprehensive loss

(969

)

-

(969

)

 

Ending balance

$

(6,017

)

$

-

$

(6,017

)