DSP (DSPG) 10-Q 9 Nov 17 2017 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2017	Nov. 12, 2017
Document Information [Line Items]
Entity Registrant Name	DSP GROUP INC /DE/
Entity Central Index Key	915,778
Trading Symbol	dspg
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		22,322,982
Document Type	10-Q
Document Period End Date	Sep. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
CURRENT ASSETS:
Cash and cash equivalents	$ 14,698	$ 17,752
Restricted deposits	514	70
Marketable securities and short-term deposits	28,107	29,031
Trade receivables	19,990	19,069
Other accounts receivable and prepaid expenses	2,838	2,331
Inventories	10,693	9,748
TOTAL CURRENT ASSETS	76,840	78,001
PROPERTY AND EQUIPMENT, NET	3,485	4,130
NON-CURRENT ASSETS:
Long-term marketable securities	78,855	78,092
Long-term prepaid expenses and lease deposits	1,483	1,329
Deferred income taxes	701	918
Severance pay fund	14,772	12,751
Intangible assets, net	3,204	4,480
Goodwill	6,243	6,243
TOTAL NON-CURRENT ASSETS	105,258	103,813
TOTAL ASSETS	185,583	185,944
CURRENT LIABILITIES:
Trade payables	11,999	12,540
Accrued compensation and benefits	7,534	8,666
Income tax accruals and payables	953	1,137
Accrued expenses and other accounts payable	2,906	3,556
TOTAL CURRENT LIABILITIES	23,392	25,899
NON-CURRENT LIABILITIES:
Deferred income taxes	490	787
Accrued severance pay	15,053	12,908
Accrued pensions	897	803
TOTAL NON-CURRENT LIABILITIES	16,440	14,498
STOCKHOLDERS’ EQUITY:
Common stock, $ 0.001 par value - Authorized shares: 50,000,000 shares at September 30, 2017 and December 31, 2016; Issued and outstanding shares: 22,276,112 and 21,931,157 shares at September 30, 2017 and December 31, 2016, respectively	22	22
Additional paid-in capital	370,647	366,121
Treasury stock at cost	(119,909)	(122,632)
Accumulated other comprehensive loss	(1,458)	(1,852)
Accumulated deficit	(103,551)	(96,112)
TOTAL STOCKHOLDERS’ EQUITY	145,751	145,547
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 185,583	$ 185,944

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Sep. 30, 2017	Dec. 31, 2016
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, authorized (in shares)	50,000,000	50,000,000
Common stock, issued (in shares)	22,276,112	21,931,157
Common stock, outstanding (in shares)	22,276,112	21,931,157

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Revenues		$ 34,277	$ 38,768	$ 93,511	$ 102,591
Cost of revenues (1)	[1]	18,270	21,418	50,760	57,639
Gross profit		16,007	17,350	42,751	44,952
Operating expenses:
Research and development	[2]	9,214	8,504	27,565	26,430
Sales and marketing	[3]	3,635	3,617	10,640	10,332
General and administrative (4)	[4]	2,483	2,064	7,342	6,622
Intangible assets amortization		425	390	1,275	1,032
Other income			(2,549)		(2,549)
Total operating expenses		15,757	12,026	46,822	41,867
Operating income (loss)		250	5,324	(4,071)	3,085
Financial income, net		382	344	1,216	910
Income (loss) before taxes on income		632	5,668	(2,855)	3,995
Taxes on income		54	334	19	494
Net income (loss)		$ 578	$ 5,334	$ (2,874)	$ 3,501
Net earnings (loss) per share:
Basic (in dollars per share)		$ 0.03	$ 0.24	$ (0.13)	$ 0.16
Diluted (in dollars per share)		$ 0.02	$ 0.23	$ (0.13)	$ 0.15
Weighted average number of shares used in per share computations of net earnings (loss):
Basic (in shares)		22,276	21,943	22,186	21,798
Diluted (in shares)		23,243	23,185	22,186	22,882
[1]	Includes equity-based compensation expense in the amount of $84 and $98 for the three months ended September 30, 2017 and 2016, and $275 and $242 for the nine months ended September 30, 2017 and 2016, respectively.
[2]	Includes equity-based compensation expense in the amount of $576 and $668 for the three months ended September 30, 2017 and 2016, respectively; and $1,815 and $1,615 for the nine months ended September 30, 2017 and 2016, respectively.
[3]	Includes equity-based compensation expense in the amount of $273 and $230 for the three months ended September 30, 2017 and 2016, respectively; and $870 and $555 for the nine months ended September 30, 2017 and 2016, respectively.
[4]	Includes equity-based compensation expense in the amount of $505 and $465 for the three months ended September 30, 2017 and 2016, respectively; and $1,566 and $1,293 for the nine months ended September 30, 2017 and 2016, respectively.

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Operations (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Equity-based compensation expenses included in cost of revenues	$ 84	$ 98	$ 275	$ 242
Equity-based compensation expense included in research and development, net	576	668	1,815	1,615
Equity-based compensation expense included in sales and marketing	273	230	870	555
Equity-based compensation expense included in general and administrative	$ 505	$ 465	$ 1,566	$ 1,293

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Net income (loss)	$ 578	$ 5,334	$ (2,874)	$ 3,501
Unrealized losses arising during the period	(61)	(262)	299	356
Reclassification adjustments for losses (gains) included in net income	1	(15)	59	17
Net change	(60)	(277)	358	373
Unrealized gains (losses) arising during the period	(29)	65	163	123
Reclassification adjustments for (gains) losses included in net loss	(19)	(15)	(172)	1
Net change	(48)	50	(9)	124
Amortization of actuarial loss and prior service benefit	6	4	16	11
Net change	6	4	16	11
Foreign currency translation adjustments, net	35	(3)	29	59
Net current period other comprehensive income (loss)	(67)	(226)	394	567
Comprehensive income	$ 511	$ 5,108	$ (2,480)	$ 4,068

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Net cash provided by operating activities	$ 1,379	$ 5,938
Investing activities
Purchases of marketable securities	(28,812)	(46,311)
Proceeds from maturity of marketable securities	18,474	34,265
Proceeds from sales of short-term deposits	425
Investment in short-term deposits	(3,000)
Proceeds from sales of marketable securities	12,988	13,072
Purchases of property and equipment	(715)	(1,505)
Acquisition of initially consolidated subsidiary		(494)
Decrease (increase) in restricted deposits	(445)	97
Net cash used in investing activities	(1,085)	(876)
Financial activities
Purchase of treasury stock	(4,365)	(5,950)
Repayment of short term bank loan		(168)
Issuance of treasury stock upon exercise of stock options	959	1,196
Net cash used in financing activities	(3,406)	(4,922)
Increase (decrease) in cash and cash equivalents	(3,112)	140
Erosion due to exchange rate differences	58	64
Cash and cash equivalents at the beginning of the period	17,752	13,704
Cash and cash equivalents at the end of the period	$ 14,698	$ 13,908

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]		Additional Paid-in Capital [Member]	Treasury Stock [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance (in shares) at Dec. 31, 2015	21,573,000
Balance at Dec. 31, 2015	$ 22		$ 361,023	$ (125,697)	$ (90,763)	$ (1,267)	$ 143,318
Net income (loss)					3,501		3,501
Change in accumulated other comprehensive income						567	567
Purchase of treasury stock (in shares)	(623,000)
Purchase of treasury stock	$ (1)			(6,081)			(6,081)
Issuance of treasury stock upon purchase of common stock under employee stock purchase plan (in shares)	233,000
Issuance of treasury stock upon purchase of common stock under employee stock purchase plan		[1]	9	2,270	(493)		1,786
Issuance of treasury stock upon exercise of stock options, stock appreciation rights and restricted stock units by employees and directors (in shares)	826,000
Issuance of treasury stock upon exercise of stock options, stock appreciation rights and restricted stock units by employees and directors	$ 1			8,032	(6,845)		1,188
Equity-based compensation			3,705				3,705
Balance (in shares) at Sep. 30, 2016	22,009,000
Balance at Sep. 30, 2016	$ 22		364,737	(121,476)	(94,600)	(700)	147,983
Balance (in shares) at Jun. 30, 2016	21,743,000
Balance at Jun. 30, 2016	$ 22		363,267	(123,749)	(96,676)	(474)	142,390
Net income (loss)					5,334		5,334
Change in accumulated other comprehensive income						(226)	(226)
Purchase of treasury stock (in shares)	(215,000)
Purchase of treasury stock		[1]		(2,405)			(2,405)
Issuance of treasury stock upon purchase of common stock under employee stock purchase plan (in shares)	119,000
Issuance of treasury stock upon purchase of common stock under employee stock purchase plan		[1]		1,156	(258)		898
Issuance of treasury stock upon exercise of stock options, stock appreciation rights and restricted stock units by employees and directors (in shares)	362,000
Issuance of treasury stock upon exercise of stock options, stock appreciation rights and restricted stock units by employees and directors		[1]	9	3,522	(3,000)		531
Equity-based compensation			1,461				1,461
Balance (in shares) at Sep. 30, 2016	22,009,000
Balance at Sep. 30, 2016	$ 22		364,737	(121,476)	(94,600)	(700)	147,983
Balance (in shares) at Dec. 31, 2016	21,932,000
Balance at Dec. 31, 2016	$ 22		366,121	(122,632)	(96,112)	(1,852)	145,547
Net income (loss)					(2,874)		(2,874)
Change in accumulated other comprehensive income						394	$ 394
Purchase of treasury stock (in shares)	(379,000)						(378,895)
Purchase of treasury stock		[1]		(4,365)			$ (4,365)
Issuance of treasury stock upon purchase of common stock under employee stock purchase plan (in shares)	227,000
Issuance of treasury stock upon purchase of common stock under employee stock purchase plan		[1]		2,225	(330)		1,895
Issuance of treasury stock upon exercise of stock options, stock appreciation rights and restricted stock units by employees and directors (in shares)	496,000
Issuance of treasury stock upon exercise of stock options, stock appreciation rights and restricted stock units by employees and directors		[1]		4,863	(4,235)		628
Equity-based compensation			4,526				4,526
Balance (in shares) at Sep. 30, 2017	22,276,000
Balance at Sep. 30, 2017	$ 22		370,647	(119,909)	(103,551)	(1,458)	145,751
Balance (in shares) at Jun. 30, 2017	22,151,000
Balance at Jun. 30, 2017	$ 22		369,209	(120,855)	(102,867)	(1,391)	144,118
Net income (loss)					578		578
Change in accumulated other comprehensive income						(67)	(67)
Purchase of treasury stock (in shares)	(131,000)
Purchase of treasury stock		[1]		(1,563)			(1,563)
Issuance of treasury stock upon purchase of common stock under employee stock purchase plan (in shares)	114,000
Issuance of treasury stock upon purchase of common stock under employee stock purchase plan		[1]		1,117	(163)		954
Issuance of treasury stock upon exercise of stock options, stock appreciation rights and restricted stock units by employees and directors (in shares)	142,000
Issuance of treasury stock upon exercise of stock options, stock appreciation rights and restricted stock units by employees and directors		[1]		1,392	(1,099)		293
Equity-based compensation			1,438				1,438
Balance (in shares) at Sep. 30, 2017	22,276,000
Balance at Sep. 30, 2017	$ 22		$ 370,647	$ (119,909)	$ (103,551)	$ (1,458)	$ 145,751
[1]	Represents an amount lower than $1.

Note A - Basis of Presentation

Note A - Basis of Presentation and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Significant Accounting Policies [Text Block]	NOTE A —BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States for interim financial information and with the instructions to Form 10 10 X. not nine September 30, 2017 not may December 31, 2017. 10 December 31, 2016. The significant accounting policies applied in the annual consolidated financial sta tements of the Company as of December 31, 2016, 10 March 16, 2017, Use of Estimates The preparation of the interim condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions. The Company ’s management believes that the estimates, judgments and assumptions used are reasonable based upon information available at the time they are made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the dates of the interim condensed consolidated financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Recent Accounting Pronouncements . In March 2016, 2016 09, 718 2016 09” 2016 09 2016 09 December 15, 2016. 2016 09 March 31, 2017. . There was no In May 2014, 2014 09, 606 2014 09” August 2015, No. 2015 14, 606 2014 09 one The new revenue recognition standard will be effective in the first 2018, first 2017. January 1, 2018. two not In May 2017, 2017 09, 718 ("ASU 2017 09" 2017 09 2017 09 not not 2017 09. In February 2016, 2016 02 842 to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not twelve twelve 842 840. January 1, 2019, January 1, 2019

Note B - Inventories

Note B - Inventories	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Inventory Disclosure [Text Block]	NOTE B —INVENTORIES Inventories are stated at the lower of cost or market value. The Company periodically evaluates the quantities on hand relative to current and historical selling prices, and historical and projected sales volume. Based on these evaluations, provisions are made in each period to write inventory down to its net realizable value. Inventories are composed of the following: September 30, 2017 December 31, 2016 (Unaudited) (Audited) Work -in-process $ 5,492 $ 5,784 Finished goods 5,201 3,964 $ 10,693 $ 9,748 For the nine September 30, 2017, $20 $101 nine September 30, 2016.

Note C - Net Earnings (Loss) Pe

Note C - Net Earnings (Loss) Per Share	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE C —NET EARNINGS (LOSS) PER SHARE Basic net earnings (loss) per share are computed based on the weighted average number of shares of common stock outstanding during the period. For the same periods, diluted net earnings (loss) per share further include the effect of dilutive stock options, stock appreciation rights and restricted share units outstanding during the period, all in accordance with Financial Accounting Standards Board (" FASB") Accounting Standards Codification ("ASC") No. 260 Three months ended September 30, Nine months ended September 30, 2017 2016 2017 2016 Unaudited Net income (loss) $ 578 $ 5,334 $ (2,874 ) $ 3,501 Earnings (loss) per share: Basic $ 0.03 $ 0.24 $ (0.13 ) $ 0.16 Diluted $ 0.02 $ 0.23 $ (0.13 ) $ 0.15 Weighted average number of shares of common stock outstanding during the period used to compute basic net earnings (loss) per share (in thousands) 22,276 21,943 22,186 21,798 Incremental shares attributable to exercise of outstanding options, stock appreciation rights and restricted stock units (assuming proceeds would be used to purchase treasury stock) (in thousands) 967 1,242 - 1,084 Weighted average number of shares of com mon stock used to compute diluted net earnings (loss) per share (in thousands) 23,243 23,185 22,186 22,882

Note D - Marketable Securities

Note D - Marketable Securities and Short-term Deposits	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	NOTE D — MARKETABLE SECURITIES and SHORT –TERM deposits The Company accounts for investments in marketable securities in accordance with FASB ASC No.320 10 The Company classifies marketable securities as available-for-sale. Available-for-sale securities are carried at fair value, with the unrealized gains and losses, net of taxes, reported in other comprehensive income. The amortized cost of marketable securities is adjusted for amortization of premiums and accretion of discounts to maturity. Such amortization and interest are included in financial income, net. Interest and dividends on securities are included in financial income, net. T he following is a summary of available-for-sale securities at September 30, 2017 December 31, 2016: Amortized cost Unrealized losses, net Fair value September 30, 2017 December 31, 2016 September 30, 2017 December 31, 2016 September 30, 2017 December 31, 2016 (Unaudited) (Audited) (Unaudited) (Audited) (Unaudited) (Audited) Short-term deposits $ 10,505 $ 7,610 $ - $ - $ 10,505 $ 7,610 U.S. GSE securities 22,303 24,351 (208 ) (289 ) 22,095 24,062 Corporate obligations 74,897 76,264 (535 ) (813 ) 74,362 75,451 $ 107,705 $ 108,225 $ (743 ) $ (1,102 ) $ 106,962 $ 107,123 The amortized cost of marketable debt securities and short-term deposits at September 30, 2017, : Unrealized gains (losses) (unaudited) Amortized cost Gains Losses Fair value Due in one year or less $ 28,113 $ 4 $ (10 ) $ 28,107 Due after one year to five years 79,592 39 (776 ) 78,855 $ 107,705 $ 43 $ (786 ) $ 106,962 The actual maturity dates may may Management believes that as of September 30, 2017, no The unrealized losses related to corporate obligations were primarily due to changes in interest rates. Because the Company does not not not may not September 30, 2017. The total fair value of marketable securities with outstanding unrealized losses as of September 30, 2017 $80,849, $786. $786 September 30, 2017, $563 12 $223 12 Proceeds from maturity of available-for-sale marketable securities during the nine September 30, 2017 2016 $18,474 $34,265, nine September 30, 2017 2016 $12,988 $13,072, nine September 30, 2017 $59 nine September 30, 2016 $17. Marketable securities are periodically reviewed for impairment. If management concludes that any marketable security is impaired, management determines whether such impairment is other-than-temporary. Factors considered in making such a determination include the duration and severity of the impairment, the reason for the decline in value and the potential recovery period, and the Company ’s intent to sell, or whether it is more likely than not

Note E - Taxes on Income

Note E - Taxes on Income	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE e —TAXES ON Income The effective tax rate used in computing the provision for income taxes is based on projected fiscal year income before taxes, including estimated income by tax jurisdiction. The total amount of net unrecognized tax benefits was $981 $1,023 September 30, 2017 December 31, 2016, September 30, 2017 December 31, 2016, $58 $46, not not may

Note F - Significant Customers

Note F - Significant Customers	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Significant Customers Disclosure [Text Block]	NOTE f —SIGNIFICANT CUSTOMERS The Company sells its products primarily through distributors and directly to original equipment manufacturers (OEMs) and original design manufacturers (ODMs) who incorporate the Company ’s products into consumer products. The Company’s future performance will depend, in part, on the continued success of its distributors in marketing and selling its products. The loss of the Company’s distributors and the Company’s inability to obtain satisfactory replacements in a timely manner may The following table represents the Company ’s sales, as a percentage of the Company’s total revenues, for the three nine September 30, 2017 2016, Three months ended September 30, Nine months ended September 30, Unaudited Major customers/ distributors 2017 2016 2017 2016 VTech Holdings Ltd. 24 % 26 % 28 % 29 % Tomen Electronics Corporation ¹ ² 15 % 14 % 12 % 12 % Ascend Technology Inc. ¹ ³ 24 % 16 % 22 % 16 % Samsung Electronics Ltd. 1 % 12 % 1 % 13 % Guo Wei Electronics Ltd. 6 % 10 % 7 % 8 % ¹ Distributor. ² Tomen Electronics sells the Company ’s products to a limited number of customers. One customer, Panasonic Communications Co., Ltd. (“Panasonic”), has continually accounted for a majority of the sales of Tomen Electronics. Sales to Panasonic through Tomen Electronics generated approximately 13% 12% three September 30, 2017 2016, 10% nine September 30, 2017 2016. ³ Ascend Technology sells the Company ’s products to a limited number of customers; however none 10% three nine September 30, 2017 2016

Note G - Derivative Instruments

Note G - Derivative Instruments	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	NOTE G —DERIVATIVE INSTRUMENTS The Company accounts for derivative instruments in accordance with FASB. ASC No. 815 815" To protect against the increase in value of forecasted foreign currency cash flows resulting from salary and lease payments of its Israeli facilities denominated in the Israeli currency, the New Israeli Shekels ("NIS"), during the year, the Company instituted a foreign currency cash flow hedging program. The Company hedges portions of the anticipated payroll and lease payments denominated in NIS for a period of one twelve 815 In accordance with ASC 815, September 30, 2017, no The amount recorded as an income in research and development expenses, sales and marketing expenses and general and administrative expenses in the condensed consolidated statements of income for the nine September 30, 2017 $135, $13 $24, The fair value of the outstanding derivative instruments at September 30, 2017 December 31, 2016 Fair value of derivative instruments Derivative Assets (Liabilities) Balance Sheet Location September 30, 2017 December 31, 2016 Unaudited D Foreign exchange put and -call options Other accounts receivable and prepaid expenses - $ 9 The effect of derivative instruments in cash flow hedging transactions on income and other comprehensive income (“OCI”) for the three nine September 30, 2017 2016 Gains (Losses) on Derivatives Recognized in OCI for the three months ended September 30, for the nine months ended September 30, Unaudited 2017 2016 2017 2016 Foreign exchange forward and option contracts $ (29 ) $ 65 $ 163 $ 123 Gains (Losses) Reclassified from OCI into i ncome for the three months ended September 30 for the nine months ended September 30, Unaudited Location 2017 2016 2017 2016 Foreign exchange forward and option contracts Operating expenses $ 19 $ 15 $ 172 $ (1 )

Note H - Contingencies

Note H - Contingencies	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE h —CONTINGENCIES From time to time, the Company may may may third no

Note I - Equity-based Compensat

Note I - Equity-based Compensation	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	NOTE i —EQUITY-BASED COMPENSATION Grants for the three September 30, 2017 September 30, 2016: No three September 30, 201 7 September 30, 2016. No during the three September 30, 2017. The weighted-average estimated fair value of RSUs granted during the three September 30, 2016 $9.32 5.04% three September 30, 2016 Employee stock benefit plans As of September 30, 2017, two may three no may one September 30, 2017, 715,000 699,000 The table below presents a summary of information relating to the Company ’s stock option, RSU and SAR grants pursuant to its equity incentive plans: Number of Options /SARs/RSUs Weighted average exercise price Weighted average remaining contractual term (years) (3) Aggregate value (*) in thousands in thousands Outstanding at June 30, 2017 2,400 $ 5.03 RSUs granted - - SARs granted - - Options / SARs / RSUs cancelled/forfeited/expired (10 ) $ 3.97 Options / SARs exercised and RSUs vested (178 ) $ 4.16 Outstanding at September 30, 2017 (1) 2,212 $ 5.10 4.19 $ 17,496 Exercisable at September 30, 2017 (2) 947 $ 8.26 3.44 $ 4,516 (*) Calculation of aggregate intrinsic value is based on the share price of the Company ’s common stock on September 30, 2017 ( $13.00 ( 1 "SAR ") grants, the outstanding amount above can be exercised for a maximum of 2,064,000 September 30, 2017. January 1, 2010 January 1, 2012 66.67% January 1, 2012 50% ( 2 892,000 September 30, 2017. ( 3 not Additional information about stock options, SARs and RSUs outstanding and exercisable at September 30, 2017 $13.00 September 30, 2017) Exercisable Unexercisable Total Exercise prices Number of Options/ SARs / RSUs (in thousands) Weighted average exercise price Number of Options/ SARs / RSUs (in thousands) Weighted average exercise price Number of Options/ SARs / RSUs (in thousands) Weighted average exercise price Less than $ 13.00 937 $ 8.18 1,217 $ 2.33 2,154 $ 4.88 Above $ 13.00 10 $ 15.79 48 $ 13.05 58 $ 13.52 Total 947 $ 8.26 1,265 $ 2.74 2,212 $ 5.10 The Company ’s aggregate equity-based compensation expense for the three September 30, 2017 2016 $1,438 $1,461, The Company ’s aggregate equity-based compensation expense for the nine September 30, 2017 2016 $4,526 $3,705, As of September 30, 2017, $5,073 2017 2021.

Note J - Pension Liability

Note J - Pension Liability	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Pension and Other Postretirement Benefits Disclosure [Text Block]	NOTE j —Pension Liability The information in this note represents the net periodic pension and post-retirement benefit costs and related components in accordance with FASB ASC No. 715 ’ Disclosures about Pensions and Other Post-Retirement Benefits." The components of net pension and post-retirement periodic benefit cost (income) for the six September 30, 2017 2016 : Nine months ended September 30, 2017 2016 Components of net periodic benefit cost: Service cost and amortization of loss $ 19 $ 14 Interest cost 10 13 Expected return on plan assets - (2 ) Net periodic benefit cost $ 29 $ 25 The net pension liability as of September 30, 2017 $897.

Note K - Fair Value Measurement

Note K - Fair Value Measurements	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Fair Value, Measurement Inputs, Disclosure [Text Block]	NOTE k —FAIR VALUE MEASUREMENTS Assets and liabilities measured at fair value on a recurring basis: The Company measures its cash equivalents, short-term deposits, marketable securities and foreign currency derivative contracts at fair value. Cash equivalents, short-term deposits and marketable securities are classified within Level 1 2 2 The following table provides information by value level for assets and liabilities that are measured at fair value on a recurring basis as of September 30, 2017: Balance as of Fair value measurements September 30, 2017 Level 1 Level 2 Level 3 Description Assets : Cash equivalents : Money market mutual funds $ 2,548 $ 2,548 - - Short-term marketable securities and cash deposits: U.S. GSE securities $ 789 - $ 789 Corporate debt securities $ 16,813 - $ 16,813 - Long-term marketable securities: U.S. GSE securities $ 21,306 - $ 21,306 - Corporate debt securities $ 57,549 - $ 57,549 - The following table provides information by value level for assets and liabilities that are measured at fair value on a recurring basis as of December 31, 2016. Balance as of Fair value measurements Description December 31, 2016 Level 1 Level 2 Level 3 Assets Cash equivalents Money market mutual funds $ 1,370 $ 1,370 - - Short-term marketable securities and time deposits U.S. GSE securities $ 376 - $ 376 - Corporate debt securities $ 21,045 - $ 21,045 - Long-term marketable securities U.S. GSE securities $ 23,686 - $ 23,686 - Corporate debt securities $ 54,406 - $ 54,406 - Derivative assets $ 9 - $ 9 - In addition to the assets and liabilities described above, the Company ’s financial instruments also include cash and cash equivalents, restricted and short-term deposits, trade receivables, other accounts receivable, trade payables, accrued expenses and other payables. The fair value of these financial instruments was not September 30, 2017

Note L - Stockholders' Equity

Note L - Stockholders' Equity	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	NOTE l —STOCKHOLDERS’ EQUITY During the first nine 2017, 378,895 $11.52 $4,365. September 30, 2017, 774,658 Repurchases of common stock are accounted for as treasury stock, and result in a reduction of stockholders ’ equity. The Company reissues treasury shares pursuant to its stock purchase plan, upon exercise of options and upon vesting of restricted stock units. Reissuance of treasury shares is accounted for in accordance with ASC No. 505 30 During the first nine 2017, 724,000 1993

Note M - Segment Information

Note M - Segment Information	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE M — SEGMENT INFORMATION Description of segments: The Company operates under three The Company's segment information has been prepared in accordance with ASC 280, The Company's operating segments are as follows: Home, Office and Mobile. The classification of the Company ’s business segments is based on a number of factors that management uses to evaluate, view and run its business operations, which include, but are not A description of the types of products provided by each business segment is as follows: Home - Wireless chipset solutions for converged communication at home. Such solutions include integrated circuits targeted for cordless phones sold in retail or supplied by telecommunication service providers, home gateway devices supplied by telecommunication service providers which integrate the DECT/CAT-iq functionality, integrated circuits addressing home automation applications, as well as fixed-mobile convergence solutions. In this segment, revenues from cordless telephony products exceeded 10% 55% 56% first nine 2017 2016, 53% 57% third 2017 2016, Office - Comprehensive solution for Voice-over-IP (VoIP) office products, including office solutions that offer businesses of all sizes low-cost VoIP terminals with converged voice and data applications. Revenues from the Company’s VoIP products represented 27% 20% first nine 2017 2016, 30% 20% third 2017 2016, No 10% first nine 2017 2016. SmartVoice (formerly called “Mobile”) - Products for the SmartVoice market that provides voice enhancement, always-on and far-end noise elimination targeted for mobile phone, mobile headsets and other devices that incorporate the Company’s noise suppression and voice quality enhancement HDClear technology. Revenues derived from products in the SmartVoice segment represented 3% 13% first nine 2017 2016, 4% 12% third 2017 2016, No 10% first nine 2017 2016. Segment data: The Company derives the results of its business segments directly from its internal management reporting system and by using certain allocation methods. The accounting policies the Company uses to derive business segment results are substantially the same as those the Company uses for consolidation of its financial statements. The CODM measures the performance of each business segment based on several metrics, including earnings from operations. The CODM uses these results, in part, to evaluate the performance of, and to assign resources to, each of the business segments. The Company does not Selected operating results information for each business segment was as follows for the three September 30, 2017 2016 Three months ended September 30, Revenues Income (loss) from operations 2017 2016 2017 2016 Home $ 22,787 $ 26,466 $ 4,565 $ 5,677 Office $ 10,136 $ 7,692 $ 3,117 $ (266 ) SmartVoice $ 1,354 $ 4,610 $ (5,157 ) $ (794 ) Total $ 34,277 $ 38,768 $ 2,525 $ 4,617 Selected operating results information for each business segment was as follows for the nine September 30, 2017 2016 Nine months ended September 30, Revenues Income (loss) from operations 2017 2016 2017 2016 Home $ 65,531 $ 69,332 $ 12,474 $ 11,998 Office $ 25,355 $ 20,162 $ 6,162 $ (2,765 ) SmartVoice $ 2,625 $ 13,097 $ (15,639 ) $ (3,019 ) Total $ 93,511 $ 102,591 $ 2,997 $ 6,214 The reconciliation of segment operating results information to the Company ’s consolidated financial information was as follows for the three nine September 30, 2017: Three months Nine months Income from operations $ 2,525 $ 2,997 Unallocated corporate, general and administrative expenses (412 ) (1,267 ) Equity-based compensation expenses (1,438 ) (4,526 ) Intangible assets amortization expenses (425 ) (1,275 ) Financial income, net 382 1,216 Total consolidated income before taxes $ 632 $ (2,855 ) The reconciliation of segment operating results information to the Company’s consolidated financial information was as follows for the three nine September 30, 2016: Three months Nine months Income from operations $ 4,617 $ 6,214 Unallocated corporate, general and administrative expenses, net 9 (941 ) Equity-based compensation expenses (1,461 ) (3,705 ) Intangible assets amortization expenses (390 ) (1,032 ) Other income 2,549 2,549 Financial income, net 344 910 Total consolidated income before taxes $ 5,668 $ 3,995

Note N - Accumulated Other Comp

Note N - Accumulated Other Comprehensive Income	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	NOTE N —ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table summarizes the changes in accumulated balances of other comprehensive income for the three September 30, 2017: Unrealized gains (losses) on available-for-sale marketable securities Unrealized gains (losses) on cash flow hedges Unrealized gains (losses) on components of defined benefit plans Unrealized gains (losses) on foreign currency translation Total Beginning balance $ (683 ) $ 48 $ (445 ) $ (311 ) $ (1,391 ) Other comprehensive income before reclassifications (61 ) (29 ) - 35 (55 ) Losses (gains) reclassified from accumulated other comprehensive income (loss) 1 (19 ) 6 - (12 ) Net current period other comprehensive income (loss) (60 ) (48 ) 6 35 (67 ) Ending balance $ (743 ) $ - $ (439 ) $ (276 ) $ (1,458 ) The following table provides details about reclassifications out of accumulated other comprehensive income for the three September 30, 2017: Details about accumulated other comprehensive income (loss) components Amount reclassified from accumulated other comprehensive income (loss) Affected line item in the statement of income Losses on available-for-sale marketable securities $ 1 Financial income, net - Provision for income taxes 1 Total, net of income taxes Gains on cash flow hedges (15 ) Research and development (1 ) Sales and marketing (3 ) General and administrative (19 ) Total, before income taxes - Provision for income taxes (19 ) Total, net of income taxes Losses on components of defined benefit plans 3 Research and development 3 Sales and marketing 6 Total, before income taxes - Provision for income taxes 6 Total, net of income taxes Total reclassifications for the period $ (12 ) Total, net of income taxes The following table summarizes the changes in accumulated balances of other comprehensive income (loss) for the nine September 30, 2017: Unrealized gains (losses) on available-for-sale marketable securities Unrealized gains (losses) on Cash Flow Hedges Unrealized gains (losses) on components of defined benefit plans Unrealized gains (losses) on foreign currency translation Total Beginning balance $ (1,101 ) $ 9 $ (455 ) $ (305 ) $ (1,852 ) Other comprehensive income (loss) before reclassifications 299 163 - 29 491 Losses reclassified from accumulated other comprehensive income (loss) 59 (172 ) 16 - (97 ) Net current period other comprehensive income 358 (9 ) 16 29 394 Ending balance $ (743 ) $ - $ (439 ) (276 ) $ (1,458 ) The following table provides details about reclassifications out of accumulated other comprehensive income for the nine September 30, 2017: Details about accumulated other comprehensive income (loss) components Amount reclassified from accumulated other comprehensive income (loss) Affected line item in the statement of income Losses on available-for-sale marketable securities $ 59 Financial income, net - Provision for income taxes 59 Total, net of income taxes Gains on cash flow hedges (135 ) Research and development (13 ) Sales and marketing (24 ) General and administrative (172 ) Total, before income taxes - Provision for income taxes (172 ) Total, net of income taxes Losses on components of defined benefit plans 10 Research and development 6 Sales and marketing 16 Total, before income taxes - Provision for income taxes 16 Total, net of income taxes Total reclassifications for the period $ (97 ) Total, net of income taxes

Note O - Government Grants

Note O - Government Grants	9 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Government Grants [Text Block]	NOTE O — GOVERNMENT GRANTS Government grants received by the Company ’s Israeli subsidiary relating to categories of operating expenditures are credited to the consolidated statements of income during the period during which the expenditure to which they relate is charged. Royalty and non-royalty-bearing grants from the Israeli Innovation Authority ("IIA") (formerly known as Office of the Chief Scientist) for funding certain approved research and development projects are recognized at the time when the Company’s Israeli subsidiary is entitled to such grants, on the basis of the related costs incurred, and are included as a deduction from research and development expenses, net. The Company recorded grants in the amount of $ 0.2 $0.5 three September 30, 2017 2016, The Company recorded grants in the amount of $ 1.2 $2.2 nine September 30, 2017 2016, The Company ’s Israeli subsidiary is obligated to pay royalties amounting to 5% may not may six third

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2017
Accounting Policies [Abstract]
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of the interim condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions. The Company ’s management believes that the estimates, judgments and assumptions used are reasonable based upon information available at the time they are made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the dates of the interim condensed consolidated financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements . In March 2016, 2016 09, 718 2016 09” 2016 09 2016 09 December 15, 2016. 2016 09 March 31, 2017. . There was no In May 2014, 2014 09, 606 2014 09” August 2015, No. 2015 14, 606 2014 09 one The new revenue recognition standard will be effective in the first 2018, first 2017. January 1, 2018. two not In May 2017, 2017 09, 718 ("ASU 2017 09" 2017 09 2017 09 not not 2017 09. In February 2016, 2016 02 842 to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not twelve twelve 842 840. January 1, 2019, January 1, 2019

Note B - Inventories (Tables)

Note B - Inventories (Tables)	9 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Inventory, Current [Table Text Block]	September 30, 2017 December 31, 2016 (Unaudited) (Audited) Work -in-process $ 5,492 $ 5,784 Finished goods 5,201 3,964 $ 10,693 $ 9,748

Note C - Net Earnings (Loss) 26

Note C - Net Earnings (Loss) Per Share (Tables)	9 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months ended September 30, Nine months ended September 30, 2017 2016 2017 2016 Unaudited Net income (loss) $ 578 $ 5,334 $ (2,874 ) $ 3,501 Earnings (loss) per share: Basic $ 0.03 $ 0.24 $ (0.13 ) $ 0.16 Diluted $ 0.02 $ 0.23 $ (0.13 ) $ 0.15 Weighted average number of shares of common stock outstanding during the period used to compute basic net earnings (loss) per share (in thousands) 22,276 21,943 22,186 21,798 Incremental shares attributable to exercise of outstanding options, stock appreciation rights and restricted stock units (assuming proceeds would be used to purchase treasury stock) (in thousands) 967 1,242 - 1,084 Weighted average number of shares of com mon stock used to compute diluted net earnings (loss) per share (in thousands) 23,243 23,185 22,186 22,882

Note D - Marketable Securitie27

Note D - Marketable Securities and Short-term Deposits (Tables)	9 Months Ended
	Sep. 30, 2017
Notes Tables
Available-for-sale Securities [Table Text Block]	Amortized cost Unrealized losses, net Fair value September 30, 2017 December 31, 2016 September 30, 2017 December 31, 2016 September 30, 2017 December 31, 2016 (Unaudited) (Audited) (Unaudited) (Audited) (Unaudited) (Audited) Short-term deposits $ 10,505 $ 7,610 $ - $ - $ 10,505 $ 7,610 U.S. GSE securities 22,303 24,351 (208 ) (289 ) 22,095 24,062 Corporate obligations 74,897 76,264 (535 ) (813 ) 74,362 75,451 $ 107,705 $ 108,225 $ (743 ) $ (1,102 ) $ 106,962 $ 107,123
Investments Classified by Contractual Maturity Date [Table Text Block]	Unrealized gains (losses) (unaudited) Amortized cost Gains Losses Fair value Due in one year or less $ 28,113 $ 4 $ (10 ) $ 28,107 Due after one year to five years 79,592 39 (776 ) 78,855 $ 107,705 $ 43 $ (786 ) $ 106,962

Note F - Significant Customers

Note F - Significant Customers (Tables)	9 Months Ended
	Sep. 30, 2017
Customer Concentration Risk [Member]
Notes Tables
Schedules of Concentration of Risk, by Risk Factor [Table Text Block]	Three months ended September 30, Nine months ended September 30, Unaudited Major customers/ distributors 2017 2016 2017 2016 VTech Holdings Ltd. 24 % 26 % 28 % 29 % Tomen Electronics Corporation ¹ ² 15 % 14 % 12 % 12 % Ascend Technology Inc. ¹ ³ 24 % 16 % 22 % 16 % Samsung Electronics Ltd. 1 % 12 % 1 % 13 % Guo Wei Electronics Ltd. 6 % 10 % 7 % 8 %

Note G - Derivative Instrumen29

Note G - Derivative Instruments (Tables)	9 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	Fair value of derivative instruments Derivative Assets (Liabilities) Balance Sheet Location September 30, 2017 December 31, 2016 Unaudited D Foreign exchange put and -call options Other accounts receivable and prepaid expenses - $ 9
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]	Gains (Losses) on Derivatives Recognized in OCI for the three months ended September 30, for the nine months ended September 30, Unaudited 2017 2016 2017 2016 Foreign exchange forward and option contracts $ (29 ) $ 65 $ 163 $ 123
Derivative Instruments, Gain (Loss) [Table Text Block]	Gains (Losses) Reclassified from OCI into i ncome for the three months ended September 30 for the nine months ended September 30, Unaudited Location 2017 2016 2017 2016 Foreign exchange forward and option contracts Operating expenses $ 19 $ 15 $ 172 $ (1 )

Note I - Equity-based Compens30

Note I - Equity-based Compensation (Tables)	9 Months Ended
	Sep. 30, 2017
Notes Tables
Share-based Compensation, Activity [Table Text Block]	Number of Options /SARs/RSUs Weighted average exercise price Weighted average remaining contractual term (years) (3) Aggregate value (*) in thousands in thousands Outstanding at June 30, 2017 2,400 $ 5.03 RSUs granted - - SARs granted - - Options / SARs / RSUs cancelled/forfeited/expired (10 ) $ 3.97 Options / SARs exercised and RSUs vested (178 ) $ 4.16 Outstanding at September 30, 2017 (1) 2,212 $ 5.10 4.19 $ 17,496 Exercisable at September 30, 2017 (2) 947 $ 8.26 3.44 $ 4,516
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]	Exercisable Unexercisable Total Exercise prices Number of Options/ SARs / RSUs (in thousands) Weighted average exercise price Number of Options/ SARs / RSUs (in thousands) Weighted average exercise price Number of Options/ SARs / RSUs (in thousands) Weighted average exercise price Less than $ 13.00 937 $ 8.18 1,217 $ 2.33 2,154 $ 4.88 Above $ 13.00 10 $ 15.79 48 $ 13.05 58 $ 13.52 Total 947 $ 8.26 1,265 $ 2.74 2,212 $ 5.10

Note J - Pension Liability (Tab

Note J - Pension Liability (Tables)	9 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Net Benefit Costs [Table Text Block]	Nine months ended September 30, 2017 2016 Components of net periodic benefit cost: Service cost and amortization of loss $ 19 $ 14 Interest cost 10 13 Expected return on plan assets - (2 ) Net periodic benefit cost $ 29 $ 25

Note K - Fair Value Measureme32

Note K - Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Balance as of Fair value measurements September 30, 2017 Level 1 Level 2 Level 3 Description Assets : Cash equivalents : Money market mutual funds $ 2,548 $ 2,548 - - Short-term marketable securities and cash deposits: U.S. GSE securities $ 789 - $ 789 Corporate debt securities $ 16,813 - $ 16,813 - Long-term marketable securities: U.S. GSE securities $ 21,306 - $ 21,306 - Corporate debt securities $ 57,549 - $ 57,549 - Balance as of Fair value measurements Description December 31, 2016 Level 1 Level 2 Level 3 Assets Cash equivalents Money market mutual funds $ 1,370 $ 1,370 - - Short-term marketable securities and time deposits U.S. GSE securities $ 376 - $ 376 - Corporate debt securities $ 21,045 - $ 21,045 - Long-term marketable securities U.S. GSE securities $ 23,686 - $ 23,686 - Corporate debt securities $ 54,406 - $ 54,406 - Derivative assets $ 9 - $ 9 -

Note M - Segment Information (T

Note M - Segment Information (Tables)	9 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three months ended September 30, Revenues Income (loss) from operations 2017 2016 2017 2016 Home $ 22,787 $ 26,466 $ 4,565 $ 5,677 Office $ 10,136 $ 7,692 $ 3,117 $ (266 ) SmartVoice $ 1,354 $ 4,610 $ (5,157 ) $ (794 ) Total $ 34,277 $ 38,768 $ 2,525 $ 4,617 Nine months ended September 30, Revenues Income (loss) from operations 2017 2016 2017 2016 Home $ 65,531 $ 69,332 $ 12,474 $ 11,998 Office $ 25,355 $ 20,162 $ 6,162 $ (2,765 ) SmartVoice $ 2,625 $ 13,097 $ (15,639 ) $ (3,019 ) Total $ 93,511 $ 102,591 $ 2,997 $ 6,214
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Three months Nine months Income from operations $ 2,525 $ 2,997 Unallocated corporate, general and administrative expenses (412 ) (1,267 ) Equity-based compensation expenses (1,438 ) (4,526 ) Intangible assets amortization expenses (425 ) (1,275 ) Financial income, net 382 1,216 Total consolidated income before taxes $ 632 $ (2,855 ) Three months Nine months Income from operations $ 4,617 $ 6,214 Unallocated corporate, general and administrative expenses, net 9 (941 ) Equity-based compensation expenses (1,461 ) (3,705 ) Intangible assets amortization expenses (390 ) (1,032 ) Other income 2,549 2,549 Financial income, net 344 910 Total consolidated income before taxes $ 5,668 $ 3,995

Note N - Accumulated Other Co34

Note N - Accumulated Other Comprehensive Income (Tables)	9 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Unrealized gains (losses) on available-for-sale marketable securities Unrealized gains (losses) on cash flow hedges Unrealized gains (losses) on components of defined benefit plans Unrealized gains (losses) on foreign currency translation Total Beginning balance $ (683 ) $ 48 $ (445 ) $ (311 ) $ (1,391 ) Other comprehensive income before reclassifications (61 ) (29 ) - 35 (55 ) Losses (gains) reclassified from accumulated other comprehensive income (loss) 1 (19 ) 6 - (12 ) Net current period other comprehensive income (loss) (60 ) (48 ) 6 35 (67 ) Ending balance $ (743 ) $ - $ (439 ) $ (276 ) $ (1,458 ) Unrealized gains (losses) on available-for-sale marketable securities Unrealized gains (losses) on Cash Flow Hedges Unrealized gains (losses) on components of defined benefit plans Unrealized gains (losses) on foreign currency translation Total Beginning balance $ (1,101 ) $ 9 $ (455 ) $ (305 ) $ (1,852 ) Other comprehensive income (loss) before reclassifications 299 163 - 29 491 Losses reclassified from accumulated other comprehensive income (loss) 59 (172 ) 16 - (97 ) Net current period other comprehensive income 358 (9 ) 16 29 394 Ending balance $ (743 ) $ - $ (439 ) (276 ) $ (1,458 )
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Details about accumulated other comprehensive income (loss) components Amount reclassified from accumulated other comprehensive income (loss) Affected line item in the statement of income Losses on available-for-sale marketable securities $ 1 Financial income, net - Provision for income taxes 1 Total, net of income taxes Gains on cash flow hedges (15 ) Research and development (1 ) Sales and marketing (3 ) General and administrative (19 ) Total, before income taxes - Provision for income taxes (19 ) Total, net of income taxes Losses on components of defined benefit plans 3 Research and development 3 Sales and marketing 6 Total, before income taxes - Provision for income taxes 6 Total, net of income taxes Total reclassifications for the period $ (12 ) Total, net of income taxes Details about accumulated other comprehensive income (loss) components Amount reclassified from accumulated other comprehensive income (loss) Affected line item in the statement of income Losses on available-for-sale marketable securities $ 59 Financial income, net - Provision for income taxes 59 Total, net of income taxes Gains on cash flow hedges (135 ) Research and development (13 ) Sales and marketing (24 ) General and administrative (172 ) Total, before income taxes - Provision for income taxes (172 ) Total, net of income taxes Losses on components of defined benefit plans 10 Research and development 6 Sales and marketing 16 Total, before income taxes - Provision for income taxes 16 Total, net of income taxes Total reclassifications for the period $ (97 ) Total, net of income taxes

Note B - Inventories (Details T

Note B - Inventories (Details Textual) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Inventory Write-down	$ 20	$ 101

Note B - Inventories - Componen

Note B - Inventories - Components of Inventories (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Work-in-process	$ 5,492	$ 5,784
Finished goods	5,201	3,964
	$ 10,693	$ 9,748

Note C - Net Earnings (Loss) 37

Note C - Net Earnings (Loss) Per Share - Net Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Net income (loss)	$ 578	$ 5,334	$ (2,874)	$ 3,501
Net earnings (loss) per share:
Basic (in dollars per share)	$ 0.03	$ 0.24	$ (0.13)	$ 0.16
Diluted (in dollars per share)	$ 0.02	$ 0.23	$ (0.13)	$ 0.15
Weighted average number of shares of common stock outstanding during the period used to compute basic net earnings (loss) per share (in thousands) (in shares)	22,276	21,943	22,186	21,798
Incremental shares attributable to exercise of outstanding options, stock appreciation rights and restricted stock units (assuming proceeds would be used to purchase treasury stock) (in thousands) (in shares)	967	1,242		1,084
Weighted average number of shares of common stock used to compute diluted net earnings (loss) per share (in thousands) (in shares)	23,243	23,185	22,186	22,882

Note D - Marketable Securitie38

Note D - Marketable Securities and Short-term Deposits (Details Textual) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	$ 80,849
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	786
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	563
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	223
Proceeds from Maturities, Prepayments and Calls of Available-for-sale Securities	18,474	$ 34,265
Proceeds from Sale of Available-for-sale Securities	12,988	13,072
Gain (Loss) on Sale of Securities, Net	59	$ 17
Corporate Debt Securities [Member]
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities	$ 0

Note D - Marketable Securitie39

Note D - Marketable Securities and Short-term Deposits - Marketable Securities and Time Deposits (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Marketable securities and time deposits, amortized cost	$ 107,705	$ 108,225
Marketable securities and time deposits, unrealized gains (losses), net	(743)	(1,102)
Marketable securities and time deposits, estimated fair value	106,962	107,123
Short-term Deposits [Member]
Marketable securities and time deposits, amortized cost	10,505	7,610
Marketable securities and time deposits, unrealized gains (losses), net
Marketable securities and time deposits, estimated fair value	10,505	7,610
US Government-sponsored Enterprises Debt Securities [Member]
Marketable securities and time deposits, amortized cost	22,303	24,351
Marketable securities and time deposits, unrealized gains (losses), net	(208)	(289)
Marketable securities and time deposits, estimated fair value	22,095	24,062
Corporate Debt Securities [Member]
Marketable securities and time deposits, amortized cost	74,897	76,264
Marketable securities and time deposits, unrealized gains (losses), net	(535)	(813)
Marketable securities and time deposits, estimated fair value	$ 74,362	$ 75,451

Note D - Marketable Securitie40

Note D - Marketable Securities and Short-term Deposits - Marketable Debt Securities by Contractual Maturities (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Marketable debt securities, amortized cost	$ 107,705	$ 108,225
Marketable debt securities, estimated fair value	106,962	$ 107,123
Debt Securities [Member]
Marketable debt securities, amortized cost	107,705
Marketable debt securities, unrealized gains	43
Marketable debt securities, unrealized losses	(786)
Marketable debt securities, estimated fair value	106,962
Debt Securities [Member] | Due in One Year or Less [Member]
Marketable debt securities, amortized cost	28,113
Marketable debt securities, unrealized gains	4
Marketable debt securities, unrealized losses	(10)
Marketable debt securities, estimated fair value	28,107
Debt Securities [Member] | Due after One Year to Five Years [Member]
Marketable debt securities, amortized cost	79,592
Marketable debt securities, unrealized gains	39
Marketable debt securities, unrealized losses	(776)
Marketable debt securities, estimated fair value	$ 78,855

Note E - Taxes on Income (Detai

Note E - Taxes on Income (Details Textual) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Unrecognized Tax Benefits	$ 981	$ 1,023
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	$ 58	$ 46

Note F - Significant Customer42

Note F - Significant Customers (Details Textual) - Customer Concentration Risk [Member] - Sales Revenue, Net [Member]	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Panasonic Communications Corporation [Member]
Concentration Risk, Percentage	13.00%	12.00%	10.00%	10.00%
Number Of Major Customers Through A Distributor	1	1	1	1
Customers to Which the Company's Products Are Sold Through Ascend Technology [Member]
Number of Major Customers	0	0	0	0

Note F - Significant Customer43

Note F - Significant Customers - Sales to Major Customers (Distributors) as a Percentage of Total Revenues (Details) - Customer Concentration Risk [Member] - Sales Revenue, Net [Member]		3 Months Ended		9 Months Ended
		Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
VTech Holdings Ltd [Member]
Concentration risk, percentage		24.00%	26.00%	28.00%	29.00%
Tomen Electronics Corporation [Member]
Concentration risk, percentage	[1],[2]	15.00%	14.00%	12.00%	12.00%
Ascend Technology Inc [Member]
Concentration risk, percentage	[1],[3]	24.00%	16.00%	22.00%	16.00%
Samsung Mobile [Member]
Concentration risk, percentage		1.00%	12.00%	1.00%	13.00%
Guo Wei Electronics [Member]
Concentration risk, percentage		6.00%	10.00%	7.00%	8.00%
[1]	Distributor
[2]	Tomen Electronics sells the Company's products to a limited number of customers; One customer, Panasonic Communications Co., Ltd. ("Panasonic"), has continually accounted for a majority of the sales of Tomen Electronics. Sales to Panasonic through Tomen Electronics generated approximately 13% and 12% of the Company's total revenues for the three months ended September 30, 2017 and 2016, respectively, and 10% of the Company's total revenues for the nine months ended September 30, 2017 and 2016.
[3]	Ascend Technology sells the Company's products to a limited number of customers; however none of those customers accounted for more than 10% of the Company's total revenues for the three and six months ended September 30, 2017 and 2016 .

Note G - Derivative Instrumen44

Note G - Derivative Instruments (Details Textual) $ in Thousands	9 Months Ended
	Sep. 30, 2017USD ($)
Research and Development Expense [Member]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ 135
Selling and Marketing Expense [Member]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	13
General and Administrative Expense [Member]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	24
Foreign Exchange Option [Member]
Price Risk Cash Flow Hedge Asset, at Fair Value	$ 0

Note G - Derivative Instrumen45

Note G - Derivative Instruments - The Fair Value of the Derivative Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Foreign Exchange Forward Contracts and Put Options [Member] | Prepaid Expenses and Other Current Assets [Member]
D Foreign exchange put and -call options		$ 9

Note G - Derivative Instrumen46

Note G - Derivative Instruments - Effect of Derivative Instruments in Cash Flow Hedging Transactions on Income and Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Foreign Exchange Forward Contracts and Put Options [Member]
Foreign exchange forward and option contracts	$ (29)	$ 65	$ 163	$ 123

Note G - Derivative Instrumen47

Note G - Derivative Instruments - Gains (Losses) on Derivatives Reclassified From OCI to Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Foreign Exchange Forward Contracts and Put Options [Member]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ 19	$ 15	$ 172	$ (1)

Note I - Equity-based Compens48

Note I - Equity-based Compensation (Details Textual) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended		24 Months Ended	69 Months Ended
	Sep. 30, 2017USD ($)$ / sharesshares	Sep. 30, 2016USD ($)$ / sharesshares	Sep. 30, 2017USD ($)$ / sharesshares	Sep. 30, 2016USD ($)	Dec. 31, 2011	Sep. 30, 2017USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Number of Equity Incentive Plans from Which Future Equity Awards May Be Granted	2		2			2
Share-based Compensation Arrangement by Share-based Payment Award Number of Expired Equity Incentive Plans	3		3			3
Share-based Compensation Arrangement by Share-based Payment Award Number of Employee Purchase Plans	1		1			1
Allocated Share-based Compensation Expense | $	$ 1,438	$ 1,461	$ 4,526	$ 3,705
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | $	$ 5,073		$ 5,073			$ 5,073
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	0	0
Common Stock [Member]
Share Price | $ / shares	$ 13		$ 13			$ 13
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	715,000		715,000			715,000
Equity Incentive Plans [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	699,000		699,000			699,000
Stock Appreciation Rights (SARs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	0	0
Stock Appreciation Rights (SARs) [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares to be Issued Upon Exercise of Outstanding Awards	2,064,000		2,064,000			2,064,000
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant as Percentage of Company Outstanding Common Stock					66.67%	50.00%
Share-based Compensation Arrangement by Share-based Payment Award, Options and Stock Appreciation Rights, Exercisable, Number	892,000		892,000			892,000
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	0
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value | $ / shares		$ 9.32
Share-based Compensation Arrangement by Share-based Payment Award, Weighted Average Pre Vest Cancel Rate		5.04%

Note I - Equity-based Compens49

Note I - Equity-based Compensation - Stock Options, SARs and RSUs Activity (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended
		Sep. 30, 2017	Sep. 30, 2016
Outstanding (in shares)		2,400,000
Outstanding, weighted average exercise price (in dollars per share)		$ 5.03
Options / SARs / RSUs cancelled/forfeited/expired (in shares)		(10,000)
Options / SARs / RSUs cancelled/forfeited/expired, weighted average exercise price (in dollars per share)		$ 3.97
Options / SARs exercised and RSUs vested (in shares)		(178,000)
Options / SARs exercised and RSUs vested, weighted average exercise price (in dollars per share)		$ 4.16
Outstanding (in shares)	[1]	2,212,000
Outstanding, weighted average exercise price (in dollars per share)	[1]	$ 5.10
Outstanding, weighted average remaining contractual term (Year)	[1],[2]	4 years 69 days
Outstanding, aggregate value	[1],[3]	$ 17,496
Exercisable (in shares)	[4]	947,000
Exercisable, weighted average exercise price (in dollars per share)	[4]	$ 8.26
Exercisable, weighted average remaining contractual term (Year)	[2],[4]	3 years 160 days
Exercisable, aggregate value	[3],[4]	$ 4,516
Restricted Stock Units (RSUs) [Member]
Non-option instruments granted (in shares)		0
Stock Appreciation Rights (SARs) [Member]
Non-option instruments granted (in shares)		0	0
SARs granted, weighted average exercise price (in dollars per share)
[1]	Due to the ceiling imposed on the stock appreciation right ("SAR") grants, the outstanding amount above can be exercised for a maximum of 2,064,000 shares of the Company's common stock as of September 30, 2017. SAR grants made on or after January 1, 2010 and before January 1, 2012 are convertible for a maximum number of shares of the Company's common stock equal to 66.67% of the SARs subject to the grant. SAR grants made on or after January 1, 2012 are convertible for a maximum number of shares of the Company's common stock equal to 50% of the SARs subject to the grant.
[2]	Calculation of weighted average remaining contractual term does not include the RSUs that were granted, which have indefinite contractual term.
[3]	Calculation of aggregate intrinsic value is based on the share price of the Company's common stock on September 30, 2017 ($13.00 per share).
[4]	Due to the ceiling imposed on the SAR grants, the exercisable amount above can be exercised for a maximum of 892,000 shares of the Company's common stock as of September 30, 2017.

Note I - Equity-based Compens50

Note I - Equity-based Compensation - Company's Stock Options and SAR Units Outstanding and Exercisable (Details) shares in Thousands	Sep. 30, 2017$ / sharesshares
Number of Options/ SARs / RSUs - Exercisable (in shares) | shares	947
Weighted Average Exercise Price - Exercisable (in dollars per share) | $ / shares	$ 8.26
Number of Options/ SARs / RSUs - Unexercisable (in shares) | shares	1,265
Weighted Average Exercise Price - Unexercisable (in dollars per share) | $ / shares	$ 2.74
Number of Options/ SARs / RSUs (in shares) | shares	2,212
Weighted Average Exercise Price (in dollars per share) | $ / shares	$ 5.10
Range 1 [Member]
Number of Options/ SARs / RSUs - Exercisable (in shares) | shares	937
Weighted Average Exercise Price - Exercisable (in dollars per share) | $ / shares	$ 8.18
Number of Options/ SARs / RSUs - Unexercisable (in shares) | shares	1,217
Weighted Average Exercise Price - Unexercisable (in dollars per share) | $ / shares	$ 2.33
Number of Options/ SARs / RSUs (in shares) | shares	2,154
Weighted Average Exercise Price (in dollars per share) | $ / shares	$ 4.88
Range 2 [Member]
Number of Options/ SARs / RSUs - Exercisable (in shares) | shares	10
Weighted Average Exercise Price - Exercisable (in dollars per share) | $ / shares	$ 15.79
Number of Options/ SARs / RSUs - Unexercisable (in shares) | shares	48
Weighted Average Exercise Price - Unexercisable (in dollars per share) | $ / shares	$ 13.05
Number of Options/ SARs / RSUs (in shares) | shares	58
Weighted Average Exercise Price (in dollars per share) | $ / shares	$ 13.52

Note J - Pension Liability (Det

Note J - Pension Liability (Details Textual) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Liability, Defined Benefit Pension Plan, Noncurrent	$ 897	$ 803

Note J - Pension Liability - Co

Note J - Pension Liability - Components of Net Periodic Benefit Costs (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Components of net periodic benefit cost:
Service cost and amortization of loss	$ 19	$ 14
Interest cost	10	13
Expected return on plan assets		(2)
Net periodic benefit cost	$ 29	$ 25

Note K - Fair Value Measureme53

Note K - Fair Value Measurements - Fair Value Measurements of Assets and Liabilities on Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Money Market Funds [Member]
Money market mutual funds	$ 2,548	$ 1,370
Money Market Funds [Member] | Fair Value, Inputs, Level 1 [Member]
Money market mutual funds	2,548	1,370
Money Market Funds [Member] | Fair Value, Inputs, Level 2 [Member]
Money market mutual funds
Money Market Funds [Member] | Fair Value, Inputs, Level 3 [Member]
Money market mutual funds
US Government-sponsored Enterprises Debt Securities [Member]
Short-term securities	789	376
Long-term securities	21,306	23,686
US Government-sponsored Enterprises Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Short-term securities
Long-term securities
US Government-sponsored Enterprises Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Short-term securities	789	376
Long-term securities	21,306	23,686
US Government-sponsored Enterprises Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Short-term securities
Long-term securities
Corporate Debt Securities [Member]
Short-term securities	16,813	21,045
Long-term securities	57,549	54,406
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Short-term securities
Long-term securities
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Short-term securities	16,813	21,045
Long-term securities	57,549	54,406
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Short-term securities
Long-term securities
Derivative Financial Instruments, Assets [Member]
Derivative assets		9
Derivative Financial Instruments, Assets [Member] | Fair Value, Inputs, Level 1 [Member]
Derivative assets
Derivative Financial Instruments, Assets [Member] | Fair Value, Inputs, Level 2 [Member]
Derivative assets		9
Derivative Financial Instruments, Assets [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative assets

Note L - Stockholders' Equity (

Note L - Stockholders' Equity (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Treasury Stock, Shares, Acquired			378,895
Treasury Stock Acquired, Average Cost Per Share			$ 11.52
Treasury Stock, Value, Acquired, Cost Method	$ 1,563	$ 2,405	$ 4,365	$ 6,081
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased	774,658		774,658
Stock Issued During Period, Shares, Employee Stock Purchase Plans and Exercise of Share-based Awards			724,000

Note M - Segment Information (D

Note M - Segment Information (Details Textual)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Number of Reportable Segments			3
Product Concentration Risk [Member] | Sales Revenue, Segment [Member] | Home [Member] | Telephony [Member]
Concentration Risk, Percentage	53.00%	57.00%	55.00%	56.00%
Product Concentration Risk [Member] | Sales Revenue, Segment [Member] | Office [Member] | VoIP [Member]
Concentration Risk, Percentage	30.00%	20.00%	27.00%	20.00%
Product Concentration Risk [Member] | Sales Revenue, Segment [Member] | SmartVoice [Member]
Concentration Risk, Percentage	4.00%	12.00%	3.00%	13.00%

Note M - Segment Information -

Note M - Segment Information - Selected Operating Results (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Revenues	$ 34,277	$ 38,768	$ 93,511	$ 102,591
Income from operations	2,525	4,617	2,997	6,214
Home [Member]
Revenues	22,787	26,466	65,531	69,332
Income from operations	4,565	5,677	12,474	11,998
Office [Member]
Revenues	10,136	7,692	25,355	20,162
Income from operations	3,117	(266)	6,162	(2,765)
SmartVoice [Member]
Revenues	1,354	4,610	2,625	13,097
Income from operations	$ (5,157)	$ (794)	$ (15,639)	$ (3,019)

Note M - Segment Information 57

Note M - Segment Information - Reconciliation of Segment Operating Results (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Income from operations	$ 2,525	$ 4,617	$ 2,997	$ 6,214
Unallocated corporate, general and administrative expenses	(412)	9	(1,267)	(941)
Equity-based compensation expenses	(1,438)	(1,461)	(4,526)	(3,705)
Intangible assets amortization expenses	(425)	(390)	(1,275)	(1,032)
Financial income, net	382	344	1,216	910
Total consolidated income before taxes	632	5,668	(2,855)	3,995
Other income		$ 2,549		$ 2,549

Note N - Accumulated Other Co58

Note N - Accumulated Other Comprehensive Income - Changes in Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Balance	$ 144,118	$ 142,390	$ 145,547	$ 143,318
Net current period other comprehensive income (loss)	(67)	(226)	394	567
Balance	145,751	147,983	145,751	147,983
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Balance	(683)		(1,101)
Other comprehensive income before reclassifications	(61)		299
Losses (gains) reclassified from accumulated other comprehensive income (loss)	1		59
Net current period other comprehensive income (loss)	(60)		358
Balance	(743)		(743)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Balance	48		9
Other comprehensive income before reclassifications	(29)		163
Losses (gains) reclassified from accumulated other comprehensive income (loss)	(19)		(172)
Net current period other comprehensive income (loss)	(48)		(9)
Balance
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Balance	(445)		(455)
Other comprehensive income before reclassifications
Losses (gains) reclassified from accumulated other comprehensive income (loss)	6		16
Net current period other comprehensive income (loss)	6		16
Balance	(439)		(439)
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Balance	(311)		(305)
Other comprehensive income before reclassifications	35		29
Losses (gains) reclassified from accumulated other comprehensive income (loss)
Net current period other comprehensive income (loss)	35		29
Balance	(276)		(276)
AOCI Attributable to Parent [Member]
Balance	(1,391)	(474)	(1,852)	(1,267)
Other comprehensive income before reclassifications	(55)		491
Losses (gains) reclassified from accumulated other comprehensive income (loss)	(12)		(97)
Net current period other comprehensive income (loss)	(67)	(226)	394	567
Balance	$ (1,458)	$ (700)	$ (1,458)	$ (700)

Note N - Accumulated Other Co59

Note N - Accumulated Other Comprehensive Income - Reclassifications Out of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Losses on available-for-sale marketable securities		$ 382	$ 344	$ 1,216	$ 910
Net income (loss)		578	5,334	(2,874)	3,501
Research and development	[1]	9,214	8,504	27,565	26,430
Sales and marketing	[2]	3,635	3,617	10,640	10,332
General and administrative	[3]	2,483	2,064	7,342	6,622
Research and development	[1]	9,214	8,504	27,565	26,430
Sales and marketing	[2]	3,635	$ 3,617	10,640	$ 10,332
Reclassification out of Accumulated Other Comprehensive Income [Member]
Net income (loss)		(12)		(97)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Losses on available-for-sale marketable securities		1		59
Net income (loss)		1		59
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Net income (loss)		(19)		(172)
Research and development		(15)		(135)
Sales and marketing		(1)		(13)
General and administrative		(3)		(24)
Research and development		(15)		(135)
Sales and marketing		(1)		(13)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Net income (loss)		6		16
Research and development		3		10
Sales and marketing		3		6
General and administrative		6		16
Research and development		3		10
Sales and marketing		$ 3		$ 6
[1]	Includes equity-based compensation expense in the amount of $576 and $668 for the three months ended September 30, 2017 and 2016, respectively; and $1,815 and $1,615 for the nine months ended September 30, 2017 and 2016, respectively.
[2]	Includes equity-based compensation expense in the amount of $273 and $230 for the three months ended September 30, 2017 and 2016, respectively; and $870 and $555 for the nine months ended September 30, 2017 and 2016, respectively.
[3]	Includes equity-based compensation expense in the amount of $505 and $465 for the three months ended September 30, 2017 and 2016, respectively; and $1,566 and $1,293 for the nine months ended September 30, 2017 and 2016, respectively.

Note O - Government Grants (Det

Note O - Government Grants (Details Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Financial Grants in Support of Research and Development	$ 0.2	$ 0.5	$ 1.2	$ 2.2
Financial Grants in Support of Research and Development, Royalty Obligation	5.00%		5.00%