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SHAREHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2019
Stockholders' Equity Note [Abstract]  
Schedule of Assumptions Used to Determine Fair Value of Options Granted
The fair value of the Company's stock options granted to employees and directors for the years ended December 31, 2019, 2018 and 2017 was estimated using the following assumptions:
201920182017
Expected volatility
19.44%-21.54%
21.23%-21.83%
21.69%-22.90%
Risk free interest rate
1.43%-2.55%
2.42%-3.04%
1.53%-2.00%
Expected dividend—  —  —%  
Expected term (in years)3.53.53.5
Schedule of Stock Option Activity
A summary of the Company's stock options activity and related information for the year ended December 31, 2019, is as follows:
Number of optionsWeighted-average exercise priceWeighted- average remaining contractual term
(in years)
Aggregate intrinsic
value
Outstanding at January 1, 20191,184,847  19.82  4.47104,731  
Granted368,375  17.86  
Exercised319,860  16.46  
Cancelled2,765  25.70  
Forfeited121,161  1.20  
Outstanding at December 31, 20191,109,436  22.16  4.35147,545  
Exercisable at December 31, 2019425,433  40.08  3.2748,955  
Schedule of Options Outstanding by Exercise Price Range
The options outstanding under the Company's stock option plans as of December 31, 2019 have been separated into ranges of exercise price as follows:
Ranges of
exercise price
Options outstanding as of December 31, 2019Weighted
average
remaining
contractual
term
Weighted
average
exercise
price
Options exercisable as of December 31, 2019Weighted
average
exercise
price of
options
exercisable
(Years)$$
 0.29  810,121  4.560.28  197,163  0.28  
 
6.72-9.89
2,983  4.077.20  2,983  7.20  
$
12.45-17.72
398  0.6614.86  398  14.86  
 
336.02-48.48
50,899  4.1340.72  34,106  41.16  
$
54.95-80.76
143,780  2.8571.32  134,079  71.05  
$
85.104-151.63
101,255  4.95118.55  56,704  106.52  
1,109,436  4.4719.82  425,433  36.24  
Schedule of Restricted Stock Units Activity
A summary of the Company's RSU and the Company's RSA activities and related information for the year ended December 31, 2019, is as follows:
Number of RSU and
RSA (*)
Outstanding at January 1, 20191,759,070  
Granted545,819  
Vested(649,556) 
Forfeited(118,284) 
Outstanding at December 31, 20191,537,049  
(*)NIS 1 par value which represents approximately $0.29
Schedule of Allocated Share-Based Compensation Expense
The total equity-based compensation expense related to all of the Company's equity-based awards, recognized for the years ended December 31, 2019, 2018 and 2017, was comprised as follows:
Year ended
December 31,
201920182017
Cost of revenues$11,244  $11,000  $11,337  
Research and development, net9,239  7,363  9,038  
Selling and marketing26,650  27,455  23,107  
General and administrative34,897  21,405  13,498  
Total stock-based compensation expenses$82,030  $67,223  $56,980