XML 54 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
REVENUES:      
Sales of licenses $ 5,960 $ 5,154 $ 6,553
Services 14,249 13,759 13,333
Revenues, Total 20,209 18,913 19,886
COST OF REVENUES      
Cost of sales of licenses 853 398 443
Cost of services 6,999 6,078 5,724
Cost of Revenue, Total 7,852 6,476 6,167
GROSS PROFIT 12,357 12,437 13,719
RESEARCH AND DEVELOPMENT EXPENSES 4,643 4,673 4,057
SELLING AND MARKETING EXPENSES 1,524 1,995 2,119
GENERAL AND ADMINISTRATIVE EXPENSES 1,818 1,834 1,555
IMPAIRMENT OF GOODWILL 0 0 586
IMPAIRMENT OF INTANGIBLE ASSETS 0 0 407
OPERATING INCOME 4,372 3,935 4,995
FINANCIAL INCOME - net 298 171 49
INCOME BEFORE TAXES ON INCOME 4,670 4,106 5,044
INCOME TAX EXPENSE (BENEFIT) 392 (185) 188
NET INCOME FOR THE YEAR $ 4,278 $ 4,291 $ 4,856
EARNINGS PER ORDINARY SHARE -      
Basic and diluted (in dollars per share) $ 0.23 $ 0.23 $ 0.26
WEIGHTED AVERAGE NUMBER OF ORDINARY SHARES USED IN COMPUTATION OF EARNINGS PER ORDINARY SHARE - IN THOUSANDS      
Basic (in shares) 18,767 18,679 18,467
Diluted (in shares) 18,846 18,803 18,613