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Condensed Consolidated Statements of Income [Unaudited] - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues $ 35,219 $ 36,715 $ 110,501 $ 105,877
Cost of revenues (1) [1] 20,646 22,187 65,158 63,554
Gross profit 14,573 14,528 45,343 42,323
Operating expenses:        
Research and development, net (2) [2] 8,709 8,083 26,680 24,313
Sales and marketing (3) [3] 3,071 2,892 9,108 8,925
General and administrative (4) [4] 2,409 2,580 7,390 7,941
Intangible assets amortization 321 397 963 1,191
Total operating expenses 14,510 13,952 44,141 42,370
Operating income (loss) 63 576 1,202 (47)
Interest and other income, net 245 186 871 895
Income before taxes on income 308 762 2,073 848
Taxes on income (income tax benefit) 141 (11) 403 (25)
Net income $ 167 $ 773 $ 1,670 $ 873
Net income per share:        
Basic (in Dollars per share) $ 0.01 $ 0.04 $ 0.08 $ 0.04
Diluted (in Dollars per share) $ 0.01 $ 0.03 $ 0.07 $ 0.04
Weighted average number of shares used in per share computations of net income:        
Basic (in Shares) 21,830 21,830 22,020 22,064
Diluted (in Shares) 22,868 23,073 23,490 22,829
[1] Includes equity-based compensation expense in the amount of $75 and $71 for the three months ended September 30, 2015 and 2014, respectively; and $228 and $237 for the nine months ended September 30, 2015 and 2014, respectively.
[2] Includes equity-based compensation expense in the amount of $546 and $568 for the three months ended September 30, 2015 and 2014, respectively; and $1,697 and $1,869 for the nine months ended September 30, 2015 and 2014, respectively.
[3] Includes equity-based compensation expense in the amount of $161 and $150 for the three months ended September 30, 2015 and 2014, respectively; and $491 and $481 for the nine months ended September 30, 2015 and 2014, respectively.
[4] Includes equity-based compensation expense in the amount of $479 and $507 for the three months ended September 30, 2015 and 2014, respectively; and $1,509 and $1,613 for the nine months ended September 30, 2015 and 2014, respectively.