GOODWILL

12 Months Ended

Dec. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill Disclosure [Text Block]

NOTE 8:- GOODWILL

The changes in the carrying amount of goodwill for the years ended December 31, 2015 and 2014 are as follows:

	December 31,
	2015		2014
Goodwill, beginning of the year	$	48,941	$	55,127
Impairment of Goodwill (see notes 1f and 2g)		(758)		(528)
Foreign currency translation adjustments		(1,430)		(5,658)
Goodwill, end of year	$	46,753	$	48,941

The carrying value of goodwill by reporting unit as of 31 December 2015 is as follows:

Reporting unit	2015
Cellocator	$	2,534
RSA		15,365
SVR (*)		26,873
Pointer brazil		1,981
	$	46,753

The carrying value of goodwill by reporting unit as of 31 December 2014 is as follows:

Reporting unit	2014
Cellocator	$	2,534
RSA		15,418
SVR (*)		26,962
CAR 2 GO		-
Pointer brazil		4,027
	$	48,941

(*) SVR in Israel

The material assumptions used for the income approach for 2015 were:

	Cellocator			RSA			SVR			Pointer brazil
Discount rate		16	%		13	%		14	%		25	%
Growth rate		3	%		3	%		2	%		7.1	%
Years of projected cash flows		5			5			5			5