DISCONTINUED OPERATION (Tables)

12 Months Ended

Dec. 31, 2016

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations [Table Text Block]

a. Below are the main groups of assets and liabilities classified as discontinued operation:

	December 31,
	2015
Assets:
Cash and cash equivalents		2,095
Accounts receivable		8,909
Other accounts receivable and prepaid expenses		444
Inventories		168
Severance pay fund		5,446
Property and equipment		6,117
Goodwill		15,365
Intangible assets		373
Deferred tax asset		57
Assets of discontinued operation	$	38,974
Liabilities:
Short-term bank credit and current maturities of long-term bank loans		84
Trade Payables		7,127
Other accounts payable and accrued expenses		7,931
Long term loans from banks		180
Accrued severance pay		5,783
Liabilities of discontinued operation	$	21,105
Net assets of discontinued operation	$	17,869

a. Below is data of the operating results attributed to the discontinued operation:

	Year ended		Year ended		Year ended
	December 31,		December 31,		December 31,
	2016		2015		2014
Revenue from sales		18,248		40,498		39,085
Cost of sales		15,260		35,427		34,622
Gross profit		2,988		5,071		4,463
Selling, general and administrative expenses		2,531		4,345		5,492
Operating income (loss)		457		726		(1,029)
Financial expenses,  net		54		139		262
Other expenses (income), net		-		(13)		29
Taxes on income		249		273		-
Income (loss) from discontinued operation		154		327		(1,320)

b. Below is data of the net cash flows provided by (used in) the discontinued operation:

	Year ended December 31,		Year ended December 31,		Year ended December 31,
	2016		2015		2014
Operating activities		116		(2,111)		(1,392)
Investing activities		(1,187)		746		385
Financing activities		251		(41)		139