SUPPLEMENTARY DATA ON SELECTED CONSOLIDATED STATEMENTS OF INCOME ITEMS

12 Months Ended

Dec. 31, 2012

SUPPLEMENTARY DATA ON SELECTED CONSOLIDATED STATEMENTS OF INCOME ITEMS [Abstract]

SUPPLEMENTARY DATA ON SELECTED CONSOLIDATED STATEMENTS OF INCOME ITEMS

NOTE 12:- SUPPLEMENTARY DATA ON SELECTED CONSOLIDATED STATEMENTS OF INCOME ITEMS

a. Financial income, net:

	Year ended December 31,
	2010		2011		2012
Financial income:
Interest from bank deposits and marketable securities	$	449	$	304		29
Gains from marketable securities, net		-		71		-
Exchange rate differences , net		-		102		170
Interest from government authorities, net		-		988		225
		449		1,465		424
Financial expenses:
Losses from marketable securities, net		38		-		-
Exchange rate differences , net		45		-		-
Accretion of payment obligation related to acquisitions		-		100		177
Interest with respect to long-term loans		-		-		373
Other		44		72		48
		127		172		598
	$	322	$	1,293		(174	)

b. Research and development costs, net:

	Year ended December 31,
	2010		2011			2012
Total costs	$	6,607	$	8,192		$	11,583
Capitalized software development costs		-		(739	)		(848	)
	$	6,607	$	7,453		$	10,735

c. Net earnings per Ordinary share:

Computation of basic and diluted net earnings per share is as follows:

1. Numerator:

	Year ended December 31,
	2010		2011		2012
Net income available to Ordinary shareholders	$	8,389	$	5,668	$	3,534

2. Denominator:

	Year ended December 31,
	2010		2011		2012
Weighted average number of Ordinary shares, net of treasury stock		9,622,181		9,796,380		10,159,049
Effect of dilutive securities:
Add - stock options		209,447		205,791		207,759
Adjusted weighted average shares		9,831,628		10,002,171		10,366,808