DSP (DSPG) 10-Q 10 May 19 2019 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2019	May 02, 2019
Document Information [Line Items]
Entity Registrant Name	DSP GROUP INC /DE/
Entity Central Index Key	0000915778
Trading Symbol	dspg
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Common Stock, Shares Outstanding (in shares)		22,714,916
Document Type	10-Q
Document Period End Date	Mar. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
CURRENT ASSETS:
Cash and cash equivalents	$ 11,390	$ 12,146
Restricted deposit	1,078	493
Marketable securities and short-term deposits	31,141	35,713
Trade receivables	15,636	13,475
Other accounts receivable and prepaid expenses	3,872	3,670
Inventories	9,278	9,819
TOTAL CURRENT ASSETS	72,395	75,316
PROPERTY AND EQUIPMENT, NET	5,105	2,748
NON-CURRENT ASSETS:
Long-term marketable securities	76,473	75,538
Operating leases	11,972
Long-term prepaid expenses and lease deposits	1,306	1,229
Deferred income taxes	4,090	3,580
Severance pay fund	14,800	14,158
Intangible assets, net	974	1,078
Goodwill	6,243	6,243
TOTAL NON-CURRENT ASSETS	115,858	101,826
TOTAL ASSETS	193,358	179,890
CURRENT LIABILITIES:
Trade payables	8,176	9,579
Accrued compensation and benefits	7,112	8,255
Income tax accruals and payables	1,606	1,404
Operating lease liability	1,885
Accrued expenses and other accounts payable	2,787	3,461
TOTAL CURRENT LIABILITIES	21,566	22,699
NON-CURRENT LIABILITIES:
Deferred income taxes	142	151
Accrued severance pay	15,028	14,348
Total long-term lease liabilities	10,394
Accrued pensions	815	827
TOTAL NON-CURRENT LIABILITIES	26,379	15,326
STOCKHOLDERS’ EQUITY:
Common stock, $ 0.001 par value - Authorized shares: 50,000,000 shares at March 31, 2019 and December 31, 2018; Issued and outstanding shares: 22,700,800 and 22,265,971 shares at March 31, 2019 and December 31, 2018, respectively	23	22
Additional paid-in capital	380,777	378,855
Treasury stock at cost	(117,968)	(122,325)
Accumulated other comprehensive loss	(1,525)	(2,324)
Accumulated deficit	(115,894)	(112,363)
TOTAL STOCKHOLDERS’ EQUITY	145,413	141,865
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 193,358	$ 179,890

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Mar. 31, 2019	Dec. 31, 2018
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	50,000,000	50,000,000
Common stock, shares issued (in shares)	22,700,800	22,265,971
Common stock, shares outstanding (in shares)	22,700,800	22,265,971

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Revenues		$ 28,276	$ 28,111
Cost of revenues (1)	[1]	13,820	14,397
Gross profit		14,456	13,714
Operating expenses:
Research and development, net (2)	[2]	8,922	8,998
Sales and marketing (3)	[3]	4,483	4,068
General and administrative (4)	[4]	2,555	2,581
Amortization of intangible assets		104	425
Total operating expenses		16,064	16,072
Operating loss		(1,608)	(2,358)
Financial income, net		313	396
Loss before taxes on income		(1,295)	(1,962)
Income tax benefit		229	209
Net loss		$ (1,066)	$ (1,753)
Net loss per share:
Basic (in dollars per share)		$ (0.05)	$ (0.08)
Diluted (in dollars per share)		$ (0.05)	$ (0.08)
Weighted average number of shares used in per share computations of net earnings
Basic (in shares)		22,542	22,678
Diluted (in shares)		22,542	22,678
[1]	Includes equity-based compensation expense in the amount of $115 and $98 for the three months ended March 31, 2019 and 2018, respectively.
[2]	Includes equity-based compensation expense in the amount of $750 and $652 for the three months ended March 31, 2019 and 2018, respectively.
[3]	Includes equity-based compensation expense in the amount of $402 and $406 for the three months ended March 31, 2019 and 2018, respectively.
[4]	Includes equity-based compensation expense in the amount of $638 and $543 for the three months ended March 31, 2019 and 2018, respectively.

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Net loss	$ (1,066)	$ (1,753)
Available-for-sale securities:
Changes in unrealized gains (losses)	751	(662)
Reclassification adjustments for (gains) losses included in net loss	47	(2)
Net change	798	(664)
Cash flow hedges:
Changes in unrealized gains (losses)	105
Reclassification adjustments for (gains) losses included in net loss	(83)
Net change	22
Change in unrealized components of defined benefit plans:
Amortization of actuarial loss and prior service benefit	4	5
Net change	4	5
Foreign currency translation adjustments, net	(25)	16
Net current period other comprehensive income (loss)	799	(643)
Net comprehensive loss	$ (267)	$ (2,396)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Cash flows from operating activities:
Net loss	$ (1,066)	$ (1,753)
Adjustments required to reconcile net loss to net cash used in operating activities:
Depreciation	330	429
Equity-based compensation expenses related to employees’ stock options, SARs and RSUs	1,905	1,699
Realized losses (gains) from sale of marketable securities, net	47	(2)
Capital loss from sale and disposal of property and equipment	10
Amortization of intangible assets	104	425
Exchange rates differences resulting from the new lease accounting standard (ASC 2016-02)	307
Accrued interest and amortization of premium on marketable securities and deposits	50	221
Change in operating assets and liabilities:
Deferred income tax assets and liabilities, net	(522)	(82)
Trade receivables, net	(2,171)	(2,472)
Other accounts receivable and prepaid expenses	(58)	(2)
Inventories	534	997
Long-term prepaid expenses and lease deposits	(77)	(54)
Trade payables	(2,298)	(1,012)
Accrued compensation and benefits	(164)	(968)
Income tax accruals	202	(175)
Accrued expenses and other accounts payable	(666)	(574)
Accrued severance pay, net	39	(61)
Accrued pensions	8	10
Net cash used in operating activities	(3,486)	(3,374)
Cash flows from investing activities:
Purchase of marketable securities	(9,931)	(3,277)
Proceeds from maturity of marketable securities	8,545	1,855
Proceeds from sales of marketable securities	4,150	500
Proceeds from redemption of short-term deposits	1,572
Purchases of property and equipment	(1,944)	(250)
Other investing activities		(104)
Proceeds from sale of property and equipment	9
Net cash provided by (used in) investing activities	2,401	(1,276)
Cash flows from financing activities:
Issuance of common stock and treasury stock upon exercise of stock options	938	155
Purchase of treasury stock		(1,210)
Net cash provided by (used in) financing activities	938	(1,055)
Decrease in cash and cash equivalents	(147)	(5,704)
Cash and cash equivalents at the beginning of the year	12,639	21,848
Cash (erosion) due to exchange rate differences	(24)	18
Cash and cash equivalents at the end of the year	$ 12,468	$ 16,162

Condensed Consolidated Statem_4

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, 2017		22,433
Balance at Dec. 31, 2017		$ 22		$ 372,041	$ (118,397)	$ (104,842)	$ (1,874)	$ 146,950
Net loss						(1,753)		(1,753)
Change in accumulated other comprehensive income							(643)	(643)
Purchase of treasury stock (in shares)		(102)
Purchase of treasury stock			[1]		(1,255)			(1,255)
Issuance of treasury stock upon purchase of common stock under employee stock purchase plan (in shares)		119
Issuance of treasury stock upon purchase of common stock under employee stock purchase plan			[1]		1,169	(166)		1,003
Issuance of treasury stock upon exercise of stock options, stock appreciation rights and vesting of restricted stock units by employees and directors (in shares)		279
Issuance of treasury stock upon exercise of stock options, stock appreciation rights and vesting of restricted stock units by employees and directors		$ 1			2,752	(2,598)		155
Equity-based compensation				1,699				1,699
Balance (in shares) at Mar. 31, 2018		22,729
Balance at Mar. 31, 2018		$ 23		373,740	(115,731)	(109,265)	(2,517)	146,250
Cumulative effect adjustment on retained earnings **)	[2]					94		94
Balance (in shares) at Dec. 31, 2018		22,266
Balance at Dec. 31, 2018		$ 22		378,855	(122,325)	(112,363)	(2,324)	141,865
Net loss						(1,066)		(1,066)
Change in accumulated other comprehensive income							799	$ 799
Purchase of treasury stock (in shares)								0
Issuance of treasury stock upon purchase of common stock under employee stock purchase plan (in shares)		102
Issuance of treasury stock upon purchase of common stock under employee stock purchase plan			[1]		1,023	(51)		$ 972
Issuance of treasury stock upon exercise of stock options, stock appreciation rights and vesting of restricted stock units by employees and directors (in shares)		333
Issuance of treasury stock upon exercise of stock options, stock appreciation rights and vesting of restricted stock units by employees and directors		$ 1		17	3,334	(2,414)		938
Equity-based compensation				1,905				1,905
Balance (in shares) at Mar. 31, 2019		22,701
Balance at Mar. 31, 2019		$ 23		$ 380,777	$ (117,968)	$ (115,894)	$ (1,525)	$ 145,413
[1]	Represents an amount lower than $1.
[2]	Resulting from adoption of ASC 606.

Note A - Basis of Presentation

Note A - Basis of Presentation and Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2019
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 three March 31, 2019 not may December 31, 2019. 10 December 31, 2018. The significant accounting policies applied in the annual consolidated financial statements of the Company as of December 31, 2018, 10 March 11, 2019, Recent ly Issued and A dopted A ccounting P ronouncements On January 1, 2019, No. 2016 02, 842” 840, not 842 Significant Accounting Policies - Leases Operating Leases Recently I ssued A ccounting P ronouncements Not et E ffective In June 2016, 2016 13, 326 2016 13” 2016 13 2016 13 first 2022. In August 2018, 2018 13, 820 2018 13” No. 2018 13 December 15, 2019, 2018 13 2018 13 not In August 2018, 2018 15, 350 40 2018 15” 2018 15 2018 15 December 15, 2019, 2018 15 not In August 2018, 2018 14, 715 20 2018 14” 2018 14 December 15, 2020, 2018 14 Significant Accounting Policies- Leases Effective as of January 1, 2019, 842, 842 January 1, 2019 842, not 840. The Company elected the package of practical expedients permitted under the transition guidance, which allowed the Company to carryforward the historical lease classification, the Company’s assessment on whether a contract was or contains a lease, and initial direct costs for any leases that existed prior to January 1, 2019. 12 As a result of the adoption of Topic 842 January 1, 2019, $12.5 $12.5 not The Company determines if an arrangement is a lease at inception. The Company assessment is based on: ( 1 2 3 Leases are classified as either finance leases or operating leases. A lease is classified as a finance lease if any one no not one not one not third may 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.

Note B - Operating Leases

Note B - Operating Leases	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	NOTE B— Operating Leases The Company has entered into various non-cancelable operating lease agreements for certain of its offices and car leases. The Company's leases have original lease periods expiring between 2019 2030. one not not Total operating lease cost during the three March 31, 2019 $742 three March 31, 2019. Other information about lease amounts recognized in the Company’s consolidated financial statements is summarized as follows: March 31, 2019 Weighted-average remaining lease term – operating leases (in years) 8.26 Weighted-average discount rate – operating leases 4.96 % As of March 31, 2019, Operating Leases Gross lease liabilities $ 15,434 Less: imputed interest (3,155 ) Present value of lease liabilities 12,279 Less: current portion of lease liabilities (1,885 ) Total long-term lease liabilities $ 10,394

Note C - Inventories

Note C - Inventories	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Inventory Disclosure [Text Block]	NOTE c—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: March 31, 201 9 December 31, 201 8 (Unaudited) (Audited) Work-in-process $ 4,849 $ 4,993 Finished goods 4,429 4,826 $ 9,278 $ 9,819 For the three March 31, 2019, $93 Inventory write-off amounted to $49 three March 31, 2018.

Note D - Net Loss Per Share

Note D - Net Loss Per Share	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE d—NET LOSS PER SHARE Basic net 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 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 FASB ASC No. 260 Three months ended March 31, 201 9 2018 (Unaudited) Net loss $ (1,066 ) $ (1,753 ) Loss per share: Basic $ (0.05 ) $ (0.08 ) Diluted $ (0.05 ) $ (0.08 ) Weighted average number of shares of common stock outstanding during the period used to compute basic net loss per share (in thousands) 22,542 22,678 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) - - Weighted average number of shares of common stock used to compute diluted net loss per share (in thousands) 22,542 22,678

Note E - Marketable Securities

Note E - Marketable Securities and Time Deposits	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	NOTE e — MARKETABLE SECURITIES and time 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 (loss). 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. The following is a summary of available-for-sale securities at March 31, 2019 December 31, 2018: Amortized cost Unrealized losses, net Fair value March 31, 201 9 December 31, 201 8 March 31, 201 9 December 31, 201 8 March 31, 201 9 December 31, 201 8 (Unaudited) (Audited) (Unaudited) (Audited) (Unaudited) (Audited) Short-term deposits 6,887 $ 8,349 - - $ 6,887 $ 8,349 Long-term deposits 5,159 5,130 - - 5,159 5,130 U.S. GSE securities 17,501 21,550 (140 ) (253 ) 17,361 21,297 Corporate obligations 78,902 77,857 (695 ) (1,382 ) 78,207 76,475 $ 108,449 $ 112,885 $ (835 ) $ (1,635 ) $ 107,614 $ 111,251 The amortized cost of marketable debt securities and term deposits at March 31, 2019, Unrealized gains (losses) Amortized cost Gains Losses Fair value Due in one year or less $ 24,286 $ 8 $ (40 ) $ 24,254 Due after one year to five years 72,117 58 (861 ) 71,314 $ 96,403 $ 66 $ (901 ) $ 95,568 The actual maturity dates may may Management believes that as of March 31, 2019, 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 March 31, 2019. The total fair value of marketable securities with outstanding unrealized losses as of March 31, 2019 $74,836, $901.Of $901 March 31, 2019, $835 12 $66 12 Proceeds from maturity of available-for-sale marketable securities during the three March 31, 2019 2018 $8,545 $1,855, three March 31, 2019 2018 $4,150 $500, three March 31, 2019 $47 three March 31, 2018 $2. 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 F - Taxes on Income

Note F - Taxes on Income	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE f—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 $2,283 $2,040 March 31, 2019 December 31, 2018, March 31, 2019 December 31, 2018, $135 $115, The Company intends to permanently reinvest earnings of its foreign operations and its current operating plans do not not may

Note G - Significant Customers

Note G - Significant Customers	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Significant Customers Disclosure [Text Block]	NOTE g—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 March 31, 2019 2018, Three months ended March 31, Major customers/ distributors 201 9 2018 Ascend Technology Inc. ¹ ³ 27% 26% VTech Holdings Ltd. 21% 25% Nexty Electronics Corporation (previously named Tomen Electronics Corporation)¹ ² 10% 11% ¹ Distributor. ² Nexty Electronics sells the Company’s products to a limited number of customers; however, none 10% three March 31, 2019 2018. ³ Ascend Technology sells the Company’s products to a limited number of customers. One of those customers, Cisco Systems, Inc., accounted for 10% 8% three March 31, 2019 2018.

Note H - Derivative Instruments

Note H - Derivative Instruments	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	NOTE h—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, As of March 31, 2019, no $600. not The fair value of derivative assets and derivative liabilities were $19 $0, March 31, 2019. $19 March 31, 2019. The amount recorded as income in research and development expenses, sales and marketing expenses and general and administrative expenses in the condensed consolidated statements of income for the three March 31, 2019 $65, $7 $11, The fair value of the outstanding derivative instruments at March 31, 2019 December 31, 2018 Fair V alue of Derivative I nstruments Derivative Assets (Liabilities) Balance Sheet Location March 3 1 , 201 9 December 31, 201 8 Unaudited Audited Foreign exchange forward and option contracts Other accounts receivable and prepaid expenses (other accounts payable) $ 19 $ (3 ) The effect of derivative instruments in cash flow hedging transactions on income and other comprehensive income (“OCI”) for the three March 31, 2019 2018 Gains ( L osses) on Derivatives Recognized in OCI for the three months ended March 31, Unaudited 201 9 201 8 Foreign exchange forward and option contracts $ 105 $ - Gains (losses) reclassified from OCI into income for the three months ended March 31, Unaudited Location 201 9 201 8 Foreign exchange forward and option contracts Operating expenses $ 83 $ -

Note I - Contingencies

Note I - Contingencies	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE i—CONTINGENCIES From time to time, the Company may may may third no

Note J - Equity-based Compensat

Note J - Equity-based Compensation	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	NOTE j—EQUITY-BASED COMPENSATION Grants for the three March 31, 2019 March 31, 2018: The weighted average estimated fair value of employee restricted stock units (“RSUs”) granted during the three March 31, 2019 2018 $11.61 $11.27 3.25% 3.70% three March 31, 2019 2018, The weighted-average estimated fair value of employee stock options and stock appreciation rights (“SARs”) granted during the three March 31, 2019 2018 $3.41 $4.75 Three months ended March 31, 201 9 2018 Volatility 32.29% 46.24% Risk-free interest rate 2.16% 2.40% Dividend yield 0% 0% Pre-vest cancellation rate 4.63% 2.29% Post-vest cancellation rate 2.28% 3.40% Suboptimal exercise factor 1.229 1.61 The expected life of employee stock options and SARs is impacted by all of the underlying assumptions used in the Company’s model. The binomial model assumes that employees’ exercise behavior is a function of the remaining contractual life of the stock option or SAR and the extent to which the stock option or SAR is in-the-money ( i.e. two three March 31, 2019 2018 4.92 6.27 Employee stock benefit plans As of March 31, 2019, two may one no may one March 31, 2019, 377,000 198,000 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 (unaudited): Number of Options/SARs/ RSUs Weighted average exercise price Weighted average remaining contractual term (years) (3) Aggregate value (*) in thousands in thousands Outstanding at December 31, 2018 1,831 $ 4.59 Options granted 10 12.61 RSUs granted 630 - Options / SARs / RSUs cancelled/forfeited/expired (38 ) 1.98 Options / SARs exercised and RSUs vested (341 ) $ 3.05 Outstanding at March 31, 2019 (1) 2,092 $ 3.55 4.60 $ 22,013 Exercisable at March 31, 2019 (2) 632 $ 9.61 4.45 $ 2,818 (*) Calculation of aggregate intrinsic value is based on the share price of the Company’s common stock on March 31, 2019 ( $14.07 ( 1 2,008,000 March 31, 2019. January 1, 2012 50% ( 2 595,000 March 31, 2019. ( 3 not Additional information about stock options, SARs and RSUs outstanding and exercisable at March 31, 2019 $14.07 March 31, 2019) Exercisable Unexercisable Total Exercise prices Number of o ptions/ SARs / RSUs (in thousands) Weighted average exercise price Number of o ptions/ SARs / RSUs (in thousands) Weighted average exercise price Number of o ptions/ SARs / RSUs (in thousands) Weighted average exercise price Less than $14.07 632 $ 9.61 1,460 $ 0.92 2,092 $ 3.55 Above $14.07 - $ - - $ - - $ - Total 632 $ 9.61 1,460 $ 0.92 2,092 $ 3.55 The Company’s aggregate equity-based compensation expense for the three March 31, 2019 2018 $1,905 $1,699, As of March 31, 2019, $10,769 2019 2023.

Note K - Pension Liability

Note K - Pension Liability	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Pension and Other Postretirement Benefits Disclosure [Text Block]	NOTE k—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 three March 31, 2019 2018 March 31, 201 9 201 8 Components of net periodic benefit cost: Service cost and amortization of loss $ 5 $ 6 Interest cost 4 4 Net periodic benefit cost $ 9 $ 10 The net pension liability as of March 31, 2019 $815.

Note L - Fair Value Measurement

Note L - Fair Value Measurements	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Fair Value Measurement and Measurement Inputs, Recurring and Nonrecurring [Text Block]	NOTE l—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 March 31, 2019 ( Balance as of Fair value measurements March 31, 201 9 Level 1 Level 2 Level 3 Description Assets Cash equivalents Money market mutual funds $ 612 $ 612 - - Short-term marketable securities: Corporate debt securities $ 22,866 - $ 22,866 - U.S. GSE securities $ 1,388 $ 1,388 Long-term marketable securities: U.S. GSE securities $ 15,973 - $ 15,973 - Corporate debt securities $ 55,341 - $ 55,341 - Derivative a ssets $ 19 - $ 19 - 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, 2018. Balance as of Fair value measurements Description December 31, 201 8 Level 1 Level 2 Level 3 Assets Cash equivalents Money market mutual funds $ 773 $ 773 - - Short-term marketable securities U.S. GSE securities $ 1,785 - $ 1,785 - Corporate debt securities $ 25,579 - $ 25,579 - Long-term marketable securities U.S. GSE securities $ 19,512 - $ 19,512 - Corporate debt securities $ 50,896 - $ 50,896 - Derivative liabilities $ 3 - $ 3 - 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 March 31, 2019

Note M - Stockholders' Equity

Note M - Stockholders' Equity	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	NOTE m—STOCKHOLDERS’ EQUITY During the first three 2019, not March 31, 2019, 794,913 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 three 2019, 795,000 1993

Note N - Segment Information

Note N - Segment Information	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE N 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, Unified Communications and SmartVoice. 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 2019, 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. During 2017, 10% 37% 50% first three 2019 2018, 15% first three 2019 2018. Unified Communications - Comprehensive solution for Unified Communications 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 Unified Communications products represented 33% 30% first three 2019 2018, No 10% first three 2019 2018. SmartVoice - Products for the SmartVoice market that provides voice activation and recognition, 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 from the Company’s HDClear products represented 15% 6% first three 2019 2018, No 10% first three 2019 2018. 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 March 31, 2019 2018 Revenues Income (loss) from operations Three months ended March 31, 2019 2018 2019 2018 Home $ 14,730 $ 18,181 $ 4,071 $ 3,807 Unified Communications 9,409 8,353 2,855 2,152 SmartVoice 4,137 1,577 (6,063 ) (5,674 ) Total $ 28,276 $ 28,111 $ 863 $ 285 The reconciliation of segment operating results information to the Company’s consolidated financial information was as follows (unaudited): Three months ended March 31, 2019 2018 Loss from operations $ 863 $ 285 Unallocated corporate, general and administrative expenses (462 ) (519 ) Equity-based compensation expenses (1,905 ) (1,699 ) Intangible assets amortization expenses (104 ) (425 ) Financial income, net 313 396 Total consolidated loss before taxes $ (1,295 ) $ (1,962 )

Note O - Accumulated Other Comp

Note O - Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	NOTE O —ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table summarizes the changes in accumulated balances of other comprehensive income for the three March 31, 2019 ( 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 losses on foreign currency translation Total Beginning balance $ (1,633 ) $ (3 ) $ (361 ) $ (327 ) $ (2,324 ) Other comprehensive income (loss) before reclassifications 751 105 - (25 ) 831 Losses (gains) reclassified from accumulated other comprehensive income (loss) 47 (83 ) 4 - (32 ) Net current period other comprehensive income (loss) 798 22 4 (25 ) 799 Ending balance $ (835 ) $ 19 $ (357 ) $ (352 ) $ (1,525 ) The following table provides details about reclassifications out of accumulated other comprehensive income for the three March 31, 2019 ( Details about accumulated other comprehensive income (loss) components Losses (gains) r eclassified from accumulated other comprehensive income (loss) Affected line item in the statement of income Losses on available-for-sale marketable securities $ 47 Financial income, net - Provision for income taxes 47 Total, net of income taxes Gains on cash flow hedges (65 ) Research and development (7 ) Sales and marketing (11 ) General and administrative (83 ) Total, before income taxes - Provision for income taxes - Total, net of income taxes Losses on components of defined benefit plans 3 Research and development 1 Sales and marketing 4 Total, before income taxes - Provision for income taxes 4 Total, net of income taxes Total reclassifications for the period $ (32 ) Total, net of income taxes

Note P - Government Grants

Note P - Government Grants	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Government Grants [Text Block]	NOTE P 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”) 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 $0.4 $0.5 three March 31, 2019 2018, 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)	3 Months Ended
	Mar. 31, 2019
Accounting Policies [Abstract]
New Accounting Pronouncements, Policy [Policy Text Block]	Recent ly Issued and A dopted A ccounting P ronouncements On January 1, 2019, No. 2016 02, 842” 840, not 842 Significant Accounting Policies - Leases Operating Leases Recently I ssued A ccounting P ronouncements Not et E ffective In June 2016, 2016 13, 326 2016 13” 2016 13 2016 13 first 2022. In August 2018, 2018 13, 820 2018 13” No. 2018 13 December 15, 2019, 2018 13 2018 13 not In August 2018, 2018 15, 350 40 2018 15” 2018 15 2018 15 December 15, 2019, 2018 15 not In August 2018, 2018 14, 715 20 2018 14” 2018 14 December 15, 2020, 2018 14
Lessee, Leases [Policy Text Block]	Significant Accounting Policies- Leases Effective as of January 1, 2019, 842, 842 January 1, 2019 842, not 840. The Company elected the package of practical expedients permitted under the transition guidance, which allowed the Company to carryforward the historical lease classification, the Company’s assessment on whether a contract was or contains a lease, and initial direct costs for any leases that existed prior to January 1, 2019. 12 As a result of the adoption of Topic 842 January 1, 2019, $12.5 $12.5 not The Company determines if an arrangement is a lease at inception. The Company assessment is based on: ( 1 2 3 Leases are classified as either finance leases or operating leases. A lease is classified as a finance lease if any one no not one not one not third may
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.

Note B - Operating Leases (Tabl

Note B - Operating Leases (Tables)	3 Months Ended
	Mar. 31, 2019
Notes Tables
Lease, Cost [Table Text Block]	March 31, 2019 Weighted-average remaining lease term – operating leases (in years) 8.26 Weighted-average discount rate – operating leases 4.96 %
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Operating Leases Gross lease liabilities $ 15,434 Less: imputed interest (3,155 ) Present value of lease liabilities 12,279 Less: current portion of lease liabilities (1,885 ) Total long-term lease liabilities $ 10,394

Note C - Inventories (Tables)

Note C - Inventories (Tables)	3 Months Ended
	Mar. 31, 2019
Notes Tables
Schedule of Inventory, Current [Table Text Block]	March 31, 201 9 December 31, 201 8 (Unaudited) (Audited) Work-in-process $ 4,849 $ 4,993 Finished goods 4,429 4,826 $ 9,278 $ 9,819

Note D - Net Loss Per Share (Ta

Note D - Net Loss Per Share (Tables)	3 Months Ended
	Mar. 31, 2019
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months ended March 31, 201 9 2018 (Unaudited) Net loss $ (1,066 ) $ (1,753 ) Loss per share: Basic $ (0.05 ) $ (0.08 ) Diluted $ (0.05 ) $ (0.08 ) Weighted average number of shares of common stock outstanding during the period used to compute basic net loss per share (in thousands) 22,542 22,678 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) - - Weighted average number of shares of common stock used to compute diluted net loss per share (in thousands) 22,542 22,678

Note E - Marketable Securitie_2

Note E - Marketable Securities and Time Deposits (Tables)	3 Months Ended
	Mar. 31, 2019
Notes Tables
Available-for-sale Securities [Table Text Block]	Amortized cost Unrealized losses, net Fair value March 31, 201 9 December 31, 201 8 March 31, 201 9 December 31, 201 8 March 31, 201 9 December 31, 201 8 (Unaudited) (Audited) (Unaudited) (Audited) (Unaudited) (Audited) Short-term deposits 6,887 $ 8,349 - - $ 6,887 $ 8,349 Long-term deposits 5,159 5,130 - - 5,159 5,130 U.S. GSE securities 17,501 21,550 (140 ) (253 ) 17,361 21,297 Corporate obligations 78,902 77,857 (695 ) (1,382 ) 78,207 76,475 $ 108,449 $ 112,885 $ (835 ) $ (1,635 ) $ 107,614 $ 111,251
Investments Classified by Contractual Maturity Date [Table Text Block]	Unrealized gains (losses) Amortized cost Gains Losses Fair value Due in one year or less $ 24,286 $ 8 $ (40 ) $ 24,254 Due after one year to five years 72,117 58 (861 ) 71,314 $ 96,403 $ 66 $ (901 ) $ 95,568

Note G - Significant Customers

Note G - Significant Customers (Tables)	3 Months Ended
	Mar. 31, 2019
Customer Concentration Risk [Member]
Notes Tables
Schedules of Concentration of Risk, by Risk Factor [Table Text Block]	Three months ended March 31, Major customers/ distributors 201 9 2018 Ascend Technology Inc. ¹ ³ 27% 26% VTech Holdings Ltd. 21% 25% Nexty Electronics Corporation (previously named Tomen Electronics Corporation)¹ ² 10% 11%

Note H - Derivative Instrumen_2

Note H - Derivative Instruments (Tables)	3 Months Ended
	Mar. 31, 2019
Notes Tables
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	Fair V alue of Derivative I nstruments Derivative Assets (Liabilities) Balance Sheet Location March 3 1 , 201 9 December 31, 201 8 Unaudited Audited Foreign exchange forward and option contracts Other accounts receivable and prepaid expenses (other accounts payable) $ 19 $ (3 )
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]	Gains ( L osses) on Derivatives Recognized in OCI for the three months ended March 31, Unaudited 201 9 201 8 Foreign exchange forward and option contracts $ 105 $ -
Derivative Instruments, Gain (Loss) [Table Text Block]	Gains (losses) reclassified from OCI into income for the three months ended March 31, Unaudited Location 201 9 201 8 Foreign exchange forward and option contracts Operating expenses $ 83 $ -

Note J - Equity-based Compens_2

Note J - Equity-based Compensation (Tables)	3 Months Ended
	Mar. 31, 2019
Notes Tables
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Three months ended March 31, 201 9 2018 Volatility 32.29% 46.24% Risk-free interest rate 2.16% 2.40% Dividend yield 0% 0% Pre-vest cancellation rate 4.63% 2.29% Post-vest cancellation rate 2.28% 3.40% Suboptimal exercise factor 1.229 1.61
Share-based Payment Arrangement, 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 December 31, 2018 1,831 $ 4.59 Options granted 10 12.61 RSUs granted 630 - Options / SARs / RSUs cancelled/forfeited/expired (38 ) 1.98 Options / SARs exercised and RSUs vested (341 ) $ 3.05 Outstanding at March 31, 2019 (1) 2,092 $ 3.55 4.60 $ 22,013 Exercisable at March 31, 2019 (2) 632 $ 9.61 4.45 $ 2,818
Share-based Payment Arrangement, Option, Exercise Price Range [Table Text Block]	Exercisable Unexercisable Total Exercise prices Number of o ptions/ SARs / RSUs (in thousands) Weighted average exercise price Number of o ptions/ SARs / RSUs (in thousands) Weighted average exercise price Number of o ptions/ SARs / RSUs (in thousands) Weighted average exercise price Less than $14.07 632 $ 9.61 1,460 $ 0.92 2,092 $ 3.55 Above $14.07 - $ - - $ - - $ - Total 632 $ 9.61 1,460 $ 0.92 2,092 $ 3.55

Note K - Pension Liability (Tab

Note K - Pension Liability (Tables)	3 Months Ended
	Mar. 31, 2019
Notes Tables
Schedule of Net Benefit Costs [Table Text Block]	March 31, 201 9 201 8 Components of net periodic benefit cost: Service cost and amortization of loss $ 5 $ 6 Interest cost 4 4 Net periodic benefit cost $ 9 $ 10

Note L - Fair Value Measureme_2

Note L - Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2019
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Balance as of Fair value measurements March 31, 201 9 Level 1 Level 2 Level 3 Description Assets Cash equivalents Money market mutual funds $ 612 $ 612 - - Short-term marketable securities: Corporate debt securities $ 22,866 - $ 22,866 - U.S. GSE securities $ 1,388 $ 1,388 Long-term marketable securities: U.S. GSE securities $ 15,973 - $ 15,973 - Corporate debt securities $ 55,341 - $ 55,341 - Derivative a ssets $ 19 - $ 19 - Balance as of Fair value measurements Description December 31, 201 8 Level 1 Level 2 Level 3 Assets Cash equivalents Money market mutual funds $ 773 $ 773 - - Short-term marketable securities U.S. GSE securities $ 1,785 - $ 1,785 - Corporate debt securities $ 25,579 - $ 25,579 - Long-term marketable securities U.S. GSE securities $ 19,512 - $ 19,512 - Corporate debt securities $ 50,896 - $ 50,896 - Derivative liabilities $ 3 - $ 3 -

Note N - Segment Information (T

Note N - Segment Information (Tables)	3 Months Ended
	Mar. 31, 2019
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Revenues Income (loss) from operations Three months ended March 31, 2019 2018 2019 2018 Home $ 14,730 $ 18,181 $ 4,071 $ 3,807 Unified Communications 9,409 8,353 2,855 2,152 SmartVoice 4,137 1,577 (6,063 ) (5,674 ) Total $ 28,276 $ 28,111 $ 863 $ 285
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Three months ended March 31, 2019 2018 Loss from operations $ 863 $ 285 Unallocated corporate, general and administrative expenses (462 ) (519 ) Equity-based compensation expenses (1,905 ) (1,699 ) Intangible assets amortization expenses (104 ) (425 ) Financial income, net 313 396 Total consolidated loss before taxes $ (1,295 ) $ (1,962 )

Note O - Accumulated Other Co_2

Note O - Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Mar. 31, 2019
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 losses on foreign currency translation Total Beginning balance $ (1,633 ) $ (3 ) $ (361 ) $ (327 ) $ (2,324 ) Other comprehensive income (loss) before reclassifications 751 105 - (25 ) 831 Losses (gains) reclassified from accumulated other comprehensive income (loss) 47 (83 ) 4 - (32 ) Net current period other comprehensive income (loss) 798 22 4 (25 ) 799 Ending balance $ (835 ) $ 19 $ (357 ) $ (352 ) $ (1,525 )
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Details about accumulated other comprehensive income (loss) components Losses (gains) r eclassified from accumulated other comprehensive income (loss) Affected line item in the statement of income Losses on available-for-sale marketable securities $ 47 Financial income, net - Provision for income taxes 47 Total, net of income taxes Gains on cash flow hedges (65 ) Research and development (7 ) Sales and marketing (11 ) General and administrative (83 ) Total, before income taxes - Provision for income taxes - Total, net of income taxes Losses on components of defined benefit plans 3 Research and development 1 Sales and marketing 4 Total, before income taxes - Provision for income taxes 4 Total, net of income taxes Total reclassifications for the period $ (32 ) Total, net of income taxes

Note A - Basis of Presentatio_2

Note A - Basis of Presentation and Summary of Significant Accounting Policies (Details Textual) - USD ($) $ in Thousands	Mar. 31, 2019	Jan. 01, 2019	Dec. 31, 2018
Operating Lease, Right-of-Use Asset	$ 11,972
Operating Lease, Liability, Total	$ 12,279
Accounting Standards Update 2016-02 [Member]
Operating Lease, Right-of-Use Asset		$ 12,500
Operating Lease, Liability, Total		$ 12,500

Note B - Operating Leases (Deta

Note B - Operating Leases (Details Textual) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)
Operating Lease, Cost	$ 742
Operating Lease, Payments	$ 742
Minimum [Member]
Lessee, Operating Lease, Remaining Term of Contract	0 years
Maximum [Member]
Lessee, Operating Lease, Remaining Term of Contract	12 years

Note B - Operating Leases - Inf

Note B - Operating Leases - Information about Lease Amounts (Details)	Mar. 31, 2019
Weighted-average remaining lease term – operating leases (in years) (Year)	8 years 94 days
Weighted-average discount rate – operating leases	4.96%

Note B - Operating Leases - Lea

Note B - Operating Leases - Lease Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Gross lease liabilities	$ 15,434
Less: imputed interest	(3,155)
Present value of lease liabilities	12,279
Less: current portion of lease liabilities	(1,885)
Total long-term lease liabilities	$ 10,394

Note C - Inventories (Details T

Note C - Inventories (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Income from Inventory Previously Written Off	$ 93
Inventory Write-down		$ 49

Note C - Inventories - Componen

Note C - Inventories - Components of Inventories (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Work-in-process	$ 4,849	$ 4,993
Finished goods	4,429	4,826
Inventories	$ 9,278	$ 9,819

Note D - Net Loss Per Share - N

Note D - Net Loss Per Share - Net Income (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Net loss	$ (1,066)	$ (1,753)
Net loss per share:
Basic (in dollars per share)	$ (0.05)	$ (0.08)
Diluted (in dollars per share)	$ (0.05)	$ (0.08)
Weighted average number of shares of common stock outstanding during the period used to compute basic net loss per share (in thousands) (in shares)	22,542	22,678
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)
Weighted average number of shares of common stock used to compute diluted net loss per share (in thousands) (in shares)	22,542	22,678

Note E - Marketable Securitie_3

Note E - Marketable Securities and Time Deposits (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Total	$ 0
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value, Total	74,836
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax, Total	901
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	835
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	66
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale	8,545	$ 1,855
Proceeds from Sale of Available-for-sale Securities, Total	4,150	500
Debt Securities, Available-for-sale, Realized Gain (Loss), Total	47	$ 2
Corporate Debt Securities [Member]
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities, Total	$ 0

Note E - Marketable Securitie_4

Note E - Marketable Securities and Time Deposits - Marketable Securities and Time Deposits (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Marketable securities and time deposits, amortized cost	$ 108,449	$ 112,885
Marketable securities and time deposits, unrealized gains (losses), net	(835)	(1,635)
Marketable securities and time deposits, estimated fair value	107,614	111,251
Short-term Deposits [Member]
Marketable securities and time deposits, amortized cost	6,887	8,349
Marketable securities and time deposits, unrealized gains (losses), net
Marketable securities and time deposits, estimated fair value	6,887	8,349
Long-Term Deposit [Member]
Marketable securities and time deposits, amortized cost	5,159	5,130
Marketable securities and time deposits, unrealized gains (losses), net
Marketable securities and time deposits, estimated fair value	5,159	5,130
US Government-sponsored Enterprises Debt Securities [Member]
Marketable securities and time deposits, amortized cost	17,501	21,550
Marketable securities and time deposits, unrealized gains (losses), net	(140)	(253)
Marketable securities and time deposits, estimated fair value	17,361	21,297
Corporate Debt Securities [Member]
Marketable securities and time deposits, amortized cost	78,902	77,857
Marketable securities and time deposits, unrealized gains (losses), net	(695)	(1,382)
Marketable securities and time deposits, estimated fair value	$ 78,207	$ 76,475

Note E - Marketable Securitie_5

Note E - Marketable Securities and Time Deposits - Marketable Debt Securities by Contractual Maturities (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Marketable debt securities, amortized cost	$ 108,449	$ 112,885
Marketable debt securities, estimated fair value	107,614	$ 111,251
Debt Securities [Member]
Marketable debt securities, amortized cost	96,403
Marketable debt securities, unrealized gains	66
Marketable debt securities, unrealized losses	(901)
Marketable debt securities, estimated fair value	95,568
Debt Securities [Member] | Due in One Year or Less [Member]
Marketable debt securities, amortized cost	24,286
Marketable debt securities, unrealized gains	8
Marketable debt securities, unrealized losses	(40)
Marketable debt securities, estimated fair value	24,254
Debt Securities [Member] | Due after One Year to Five Years [Member]
Marketable debt securities, amortized cost	72,117
Marketable debt securities, unrealized gains	58
Marketable debt securities, unrealized losses	(861)
Marketable debt securities, estimated fair value	$ 71,314

Note F - Taxes on Income (Detai

Note F - Taxes on Income (Details Textual) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Unrecognized Tax Benefits, Ending Balance	$ 2,283	$ 2,040
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total	$ 135	$ 115

Note G - Significant Customer_2

Note G - Significant Customers (Details Textual)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Cisco [Member] | Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Ascend Technology Inc [Member]
Concentration Risk, Percentage	10.00%	8.00%

Note G - Significant Customer_3

Note G - Significant Customers - Sales to Major Customers (Distributors) As a Percentage of Total Revenues (Details) - Customer Concentration Risk [Member] - Revenue Benchmark [Member]		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Ascend Technology Inc [Member]
Concentration risk, percentage	[1],[2]	27.00%	26.00%
VTech Holdings Ltd [Member]
Concentration risk, percentage		21.00%	25.00%
Nexty Electronics Corporation [Member]
Concentration risk, percentage	[2],[3]	10.00%	11.00%
[1]	Ascend Technology sells the Company's products to a limited number of customers. One of those customers, Cisco Systems, Inc., accounted for 10% and 8% of the Company's total revenues for the three months periods ended March 31, 2019 and 2018.
[2]	Distributor.
[3]	Nexty Electronics 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 months periods ended March 31, 2019 and 2018.

Note H - Derivative Instrumen_3

Note H - Derivative Instruments (Details Textual)	3 Months Ended
	Mar. 31, 2019USD ($)
Derivative Asset, Fair Value, Gross Asset, Total	$ 19,000
Derivative Asset, Fair Value, Gross Liability	0
Research and Development Expense [Member]
Gain (Loss) on Derivative Instruments, Net, Pretax, Total	65,000
Selling and Marketing Expense [Member]
Gain (Loss) on Derivative Instruments, Net, Pretax, Total	7,000
General and Administrative Expense [Member]
Gain (Loss) on Derivative Instruments, Net, Pretax, Total	11,000
Other Accounts Receivable [Member]
Derivative Asset, Total	19,000
Prepaid Expenses and Other Current Assets [Member]
Derivative Liability, Total	19,000
Foreign Exchange Option [Member]
Price Risk Cash Flow Hedge Asset, at Fair Value	0
Foreign Exchange Forward [Member]
Foreign Currency Fair Value Hedge Asset at Fair Value	$ 600,000
Minimum [Member]
Derivative Instrument Hedging Period	30 days
Maximum [Member]
Derivative Instrument Hedging Period	1 year

Note H - Derivative Instrumen_4

Note H - Derivative Instruments - Fair Value of the Outstanding Derivative Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Foreign Exchange Forward Contracts and Put Options [Member] | Prepaid Expenses and Other Current Assets [Member]
Fair value of derivative instruments	$ 19	$ (3)

Note H - Derivative Instrumen_5

Note H - Derivative Instruments - Effect of Derivative Instruments in Cash Flow Hedging Transactions on Income and Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Foreign Exchange Forward Contracts and Put Options [Member]
Foreign exchange forward and option contracts	$ 105

Note H - Derivative Instrumen_6

Note H - Derivative Instruments - Gains (Losses) on Derivatives Reclassified From OCI to Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Foreign Exchange Forward Contracts and Put Options [Member]
Foreign exchange forward and option contracts	$ 83

Note J - Equity-based Compens_3

Note J - Equity-based Compensation (Details Textual) $ / shares in Units, $ in Thousands	3 Months Ended			87 Months Ended
	Mar. 31, 2019USD ($)$ / sharesshares	Mar. 31, 2018USD ($)$ / shares	Mar. 31, 2017	Mar. 31, 2019USD ($)$ / 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
Share-based Compensation Arrangement by Share-based Payment Award Number of Expired Equity Incentive Plans	1			1
Share-based Compensation Arrangement by Share-based Payment Award Number of Employee Purchase Plans	1			1
Share-based Payment Arrangement, Expense | $	$ 1,905	$ 1,699
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total | $	$ 10,769			$ 10,769
Common Stock [Member]
Share Price | $ / shares	$ 14.07			$ 14.07
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	377,000			377,000
Equity Incentive Plans [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	198,000			198,000
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value | $ / shares	$ 11.61	$ 11.27
Share-based Compensation Arrangement by Share-based Payment Award, Weighted Average Pre Vest Cancel Rate	3.25%	3.70%
Employee Stock Option and Stock Appreciation Rights [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value | $ / shares	$ 3.41	$ 4.75
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term		4 years 335 days	6 years 98 days
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	2,008,000			2,008,000
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant as Percentage of Company Outstanding Common Stock				50.00%
Share-based Compensation Arrangement by Share-based Payment Award, Options and Stock Appreciation Rights, Exercisable, Number	595,000			595,000

Note J - Equity-based Compens_4

Note J - Equity-based Compensation - Weighted Average Fair Value Assumptions (Details)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Volatility	32.29%	46.24%
Risk-free interest rate	2.16%	2.40%
Dividend yield	0.00%	0.00%
Pre-vest cancellation rate	4.63%	2.29%
Post-vest cancellation rate	2.28%	3.40%
Suboptimal exercise factor	1.229%	1.61%

Note J - Equity-based Compens_5

Note J - Equity-based Compensation - Stock Options, SARs and RSUs Activity (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		12 Months Ended
		Mar. 31, 2019		Dec. 31, 2018
Outstanding (in shares)		1,831,000
Outstanding, weighted average exercise price (in dollars per share)		$ 4.59
Outstanding, weighted average remaining contractual term (Year)	[1]	4 years 219 days	[2]
Outstanding, aggregate value	[3]	$ 22,013	[2]
Options granted (in shares)		10
Options granted (in dollars per share)		$ 12.61
Options / SARs / RSUs cancelled/forfeited/expired (in shares)		(38,000)
Options / SARs / RSUs cancelled/forfeited/expired, weighted average exercise price (in dollars per share)		$ 1.98
Options / SARs exercised and RSUs vested (in shares)		(341,000)
Options / SARs exercised and RSUs vested, weighted average exercise price (in dollars per share)		$ 3.05
Outstanding (in shares)		2,092,000	[2]	1,831,000
Outstanding, weighted average exercise price (in dollars per share)		$ 3.55	[2]	$ 4.59
Exercisable (in shares)	[4]	632,000
Exercisable, weighted average exercise price (in dollars per share)	[4]	$ 9.61
Exercisable, weighted average remaining contractual term (Year)	[1],[4]	4 years 164 days
Exercisable, aggregate value	[3],[4]	$ 2,818
Restricted Stock Units (RSUs) [Member]
Non-option instruments granted (in shares)		630,000
Non-option instruments, weighted average exercise price (in dollars per share)
[1]	Calculation of weighted average remaining contractual term does not include RSUs that were granted, which have indefinite contractual term.
[2]	Due to the ceiling imposed on the SAR grants, the outstanding amount above can be exercised for a maximum of approximately 2,008,000 shares of the Company's common stock as of March 31, 2019. 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.
[3]	Calculation of aggregate intrinsic value is based on the share price of the Company's common stock on March 31, 2019 ($14.07 per share).
[4]	Due to the ceiling imposed on the SAR grants, the exercisable amount above can be exercised for a maximum of approximately 595,000 shares of the Company's common stock as of March 31, 2019.

Note J - Equity-based Compens_6

Note J - Equity-based Compensation - Company's Stock Options and SAR Units Outstanding and Exercisable (Details) shares in Thousands	Mar. 31, 2019$ / sharesshares
Number of Options/ SARs / RSUs - Exercisable (in shares) | shares	632
Weighted Average Exercise Price - Exercisable (in dollars per share) | $ / shares	$ 9.61
Number of Options/ SARs / RSUs - Unexercisable (in shares) | shares	1,460
Weighted Average Exercise Price - Unexercisable (in dollars per share) | $ / shares	$ 0.92
Number of Options/ SARs / RSUs (in shares) | shares	2,092
Weighted Average Exercise Price (in dollars per share) | $ / shares	$ 3.55
Range 1 [Member]
Number of Options/ SARs / RSUs - Exercisable (in shares) | shares	632
Weighted Average Exercise Price - Exercisable (in dollars per share) | $ / shares	$ 9.61
Number of Options/ SARs / RSUs - Unexercisable (in shares) | shares	1,460
Weighted Average Exercise Price - Unexercisable (in dollars per share) | $ / shares	$ 0.92
Number of Options/ SARs / RSUs (in shares) | shares	2,092
Weighted Average Exercise Price (in dollars per share) | $ / shares	$ 3.55
Range 2 [Member]
Number of Options/ SARs / RSUs - Exercisable (in shares) | shares
Weighted Average Exercise Price - Exercisable (in dollars per share) | $ / shares
Number of Options/ SARs / RSUs - Unexercisable (in shares) | shares
Weighted Average Exercise Price - Unexercisable (in dollars per share) | $ / shares
Number of Options/ SARs / RSUs (in shares) | shares
Weighted Average Exercise Price (in dollars per share) | $ / shares

Note K - Pension Liability (Det

Note K - Pension Liability (Details Textual) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Liability, Defined Benefit Pension Plan, Noncurrent	$ 815	$ 827

Note K - Pension Liability - Co

Note K - Pension Liability - Components of Net Periodic Benefit Costs (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Components of net periodic benefit cost:
Service cost and amortization of loss	$ 5	$ 6
Interest cost	4	4
Net periodic benefit cost	$ 9	$ 10

Note L - Fair Value Measureme_3

Note L - Fair Value Measurements - Fair Value Measurements of Assets and Liabilities on Recurring Basis (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Derivative Asset, Fair Value, Gross Asset, Total	$ 19,000
Derivative liabilities		$ 3,000
Fair Value, Inputs, Level 1 [Member]
Derivative Asset, Fair Value, Gross Asset, Total
Derivative liabilities
Fair Value, Inputs, Level 2 [Member]
Derivative Asset, Fair Value, Gross Asset, Total	19,000
Derivative liabilities		3,000
Fair Value, Inputs, Level 3 [Member]
Derivative Asset, Fair Value, Gross Asset, Total
Derivative liabilities
Money Market Funds [Member]
Money market mutual funds	612,000	773,000
Money Market Funds [Member] | Fair Value, Inputs, Level 1 [Member]
Money market mutual funds	612,000	773,000
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	1,388,000	1,785,000
Long-term securities	15,973,000	19,512,000
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	1,388,000	1,785,000
Long-term securities	15,973,000	19,512,000
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	22,866,000	25,579,000
Long-term securities	55,341,000	50,896,000
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	22,866,000	25,579,000
Long-term securities	55,341,000	50,896,000
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Short-term securities
Long-term securities

Note M - Stockholders' Equity (

Note M - Stockholders' Equity (Details Textual)	3 Months Ended
	Mar. 31, 2019shares
Treasury Stock, Shares, Acquired	0
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased	794,913
Stock Issued During Period, Shares, Employee Stock Purchase Plans and Exercise of Share-based Awards	795,000

Note N - Segment Information (D

Note N - Segment Information (Details Textual)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Number of Reportable Segments	3
Product Concentration Risk [Member] | Revenue, Segment Benchmark [Member] | Home [Member] | Telephony [Member]
Concentration Risk, Percentage	37.00%	50.00%
Product Concentration Risk [Member] | Revenue, Segment Benchmark [Member] | Home [Member] | Smart Home [Member]
Concentration Risk, Percentage	15.00%	15.00%
Product Concentration Risk [Member] | Revenue, Segment Benchmark [Member] | Unified Communications [Member] | VoIP [Member]
Concentration Risk, Percentage	33.00%	30.00%
Product Concentration Risk [Member] | Revenue, Segment Benchmark [Member] | SmartVoice [Member] | HDClear [Member]
Concentration Risk, Percentage	15.00%	6.00%

Note N - Segment Information -

Note N - Segment Information - Selected Operating Results (Details) - USD ($)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Revenues	$ 28,276,000	$ 28,111,000
Loss from operations	863,000	285,000
Revenues	28,276,000	28,111,000
Income (loss) from operations	863,000	285,000
Home [Member]
Revenues	14,730,000	18,181,000
Loss from operations	4,071,000	3,807,000
Revenues	14,730,000	18,181,000
Income (loss) from operations	4,071,000	3,807,000
Unified Communications [Member]
Revenues	9,409	8,353
Loss from operations	2,855	2,152
Revenues	9,409	8,353
Income (loss) from operations	2,855	2,152
SmartVoice [Member]
Revenues	4,137,000	1,577,000
Loss from operations	(6,063,000)	(5,674,000)
Revenues	4,137,000	1,577,000
Income (loss) from operations	$ (6,063,000)	$ (5,674,000)

Note N - Segment Information _2

Note N - Segment Information - Reconciliation of Segment Operating Results (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Loss from operations	$ 863	$ 285
Unallocated corporate, general and administrative expenses	(462)	(519)
Equity-based compensation expenses	(1,905)	(1,699)
Intangible assets amortization expenses	(104)	(425)
Financial income, net	313	396
Total consolidated loss before taxes	$ (1,295)	$ (1,962)

Note O - Accumulated Other Co_3

Note O - Accumulated Other Comprehensive Income (Loss) - Changes in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Balance	$ 141,865	$ 146,950
Net current period other comprehensive income (loss)	799	(643)
Balance	145,413	146,250
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
Balance	(1,633)
Other comprehensive income (loss) before reclassifications	751
Losses (gains) reclassified from accumulated other comprehensive income (loss)	47
Net current period other comprehensive income (loss)	798
Balance	(835)
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Balance	(3)
Other comprehensive income (loss) before reclassifications	105
Losses (gains) reclassified from accumulated other comprehensive income (loss)	(83)
Net current period other comprehensive income (loss)	22
Balance	19
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Balance	(361)
Other comprehensive income (loss) before reclassifications
Losses (gains) reclassified from accumulated other comprehensive income (loss)	4
Net current period other comprehensive income (loss)	4
Balance	(357)
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Balance	(327)
Other comprehensive income (loss) before reclassifications	(25)
Losses (gains) reclassified from accumulated other comprehensive income (loss)
Net current period other comprehensive income (loss)	(25)
Balance	(352)
AOCI Attributable to Parent [Member]
Balance	(2,324)	(1,874)
Other comprehensive income (loss) before reclassifications	831
Losses (gains) reclassified from accumulated other comprehensive income (loss)	(32)
Net current period other comprehensive income (loss)	799	(643)
Balance	$ (1,525)	$ (2,517)

Note O - Accumulated Other Co_4

Note O - Accumulated Other Comprehensive Income (Loss) - Reclassifications Out of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Losses on available-for-sale marketable securities		$ 313	$ 396
Provision for income taxes		(229)	(209)
Net income		(1,066)	(1,753)
Research and development	[1]	8,922	8,998
Sales and marketing	[2]	4,483	4,068
General and administrative	[3]	2,555	2,581
Net income		(1,295)	$ (1,962)
Reclassification out of Accumulated Other Comprehensive Income [Member]
Losses on available-for-sale marketable securities		47
Net income		(32)
Reclassification out of Accumulated Other Comprehensive Income [Member] | AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
Provision for income taxes
Net income		47
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Provision for income taxes
Net income
Research and development		(65)
Sales and marketing		(7)
General and administrative		(11)
Net income		(83)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Provision for income taxes
Net income		4
Research and development		3
Sales and marketing		1
General and administrative		$ 4
[1]	Includes equity-based compensation expense in the amount of $750 and $652 for the three months ended March 31, 2019 and 2018, respectively.
[2]	Includes equity-based compensation expense in the amount of $402 and $406 for the three months ended March 31, 2019 and 2018, respectively.
[3]	Includes equity-based compensation expense in the amount of $638 and $543 for the three months ended March 31, 2019 and 2018, respectively.

Note P - Government Grants (Det

Note P - Government Grants (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Financial Grants in Support of Research and Development	$ 0.4	$ 0.5
Financial Grants in Support of Research and Development, Royalty Obligation	5.00%