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SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]  
Property and Equipment Annual Depreciation Rates

Property and equipment are stated at cost, net of accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets at the following annual rates:

%

 

Computers, peripheral equipment and software

15 - 33 (mainly 33)

Office furniture and equipment

6 - 20 (mainly 15)

Leasehold improvements

Over the shorter of the term ofthe lease or the useful life of the asset

Schedule of disaggregated revenues by major product line

The following table provides information about disaggregated revenues by major product line:

December 31,

2019

2018

 

Products

$

86,512

$

79,909

Services

110,698

112,778

Subscriptions

54,862

41,717

 

$

252,072

$

234,404

Schedule of Cumulative Effects of Applying New Accounting Pronouncements

The cumulative effects of applying the new guidance to all contracts with customers that were not substantially completed as of January 1, 2018 was recorded as an adjustment to retained earnings as of the adoption date and were as follows:

December 31, 2017

Adjustment due to

Topic 606

January 1, 2018

 

Trade receivables, net

16,150

(153

)

15,997

 

Other long-term assets

8,133

10,171

18,304

 

Deferred tax asset, net

7,451

(2,516

)

4,935

Schedule of Weighted Average Assumptions Used to Calculate Fair Value of Company's Stock Options

Employees' stock option plan:

Year ended

December 31,

2019

2018

2017

 

Risk free interest rate

1.86%

2.78%

1.66%

Dividend yields

0%

0%

0%

Expected volatility

26%

30%

32%

Weighted average expected term from grant date (in years)

3.83

3.78

3.80