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Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]  
Cash, Cash Equivalents and Investments Cash, cash equivalents, marketable securities and short-term deposits consist of the following (in thousands):
 
 
As of December 31, 2019
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
Cash and cash equivalents
 

 
 

 
 

 
 

Money market funds
$
4,789

 
$

 
$

 
$
4,789

Total
$
4,789

 
$

 
$

 
$
4,789

 
 
 
 
 
 
 
 
Marketable securities
 

 
 

 
 

 
 

US Treasury securities
$
41,510

 
$
23

 
$
(2
)
 
$
41,531

Total
$
41,510

 
$
23

 
$
(2
)
 
$
41,531

 
 
 
 
 
 
 
 
Short-term deposits
 
 
 
 
 
 
 
Term bank deposits
$
10,000

 
$

 
$

 
$
10,000

Total
$
10,000

 
$

 
$

 
$
10,000




 
 
As of December 31, 2018
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
Cash and cash equivalents
 

 
 

 
 

 
 

Money market funds
$
2,594

 
$

 
$

 
$
2,594

Total
$
2,594

 
$

 
$

 
$
2,594

 
 
 
 
 
 
 
 
Marketable securities
 

 
 

 
 

 
 

US Treasury securities
$
39,776

 
*)

 
$
(6
)
 
$
39,770

Total
$
39,776

 
*)

 
$
(6
)
 
$
39,770

 
 
 
 
 
 
 
 
Short-term deposits
 
 
 
 
 
 
 
Term bank deposits
$
70,438

 
$

 
$

 
$
70,438

Total
$
70,438

 
$

 
$

 
$
70,438


*) Represents an amount lower than $1.
Property, Plant and Equipment Estimated Useful Life Depreciation is calculated using the straight-line method over the estimated useful lives of the assets at the following annual rates:
 
 
%
Computer equipment
 
 
33%
 
 
Office furniture and equipment
14%
 
 
15%
Leasehold improvements
 
 
Over the shorter of the expected lease
term or estimated useful life
 
 

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
Derivative instruments measured at fair value and their classification on the consolidated balance sheets are presented in the following table (in thousands):
 
 
Assets (liabilities) as of
 
Liabilities as of
 
December 31, 2019
 
December 31, 2018
 
Notional
Amount
 
Fair
Value
 
Notional
Amount
 
Fair
Value
Foreign exchange forward contract derivatives in cash flow hedging relationships included in accrued expenses and other short-term liabilities
$
84,968

 
$
(470
)
 
$
75,153

 
$
(3,628
)
Foreign exchange forward contract derivatives for monetary items included in other current assets and accrued expenses and other short-term liabilities
$
26,995

 
$
5

 
$
29,162

 
$
(18
)

Schedule of Cash and Cash Equivalents
The following table provides a reconciliation of cash and cash equivalents, and long term restricted cash reported within the consolidated balance sheets that sum to the total of such amounts in the consolidated statements of cash flows:
 
 
December 31, 2019
 
December 31, 2018
 
December 31, 2017
Cash and cash equivalents
$
68,929

 
$
48,707

 
$
56,689

Long term restricted cash included in other assets

 

 
547

Cash, cash equivalents and long term restricted cash shown in the consolidated statement of cash flows
$
68,929

 
$
48,707

 
$
57,236


Restrictions on Cash and Cash Equivalents
The following table provides a reconciliation of cash and cash equivalents, and long term restricted cash reported within the consolidated balance sheets that sum to the total of such amounts in the consolidated statements of cash flows:
 
 
December 31, 2019
 
December 31, 2018
 
December 31, 2017
Cash and cash equivalents
$
68,929

 
$
48,707

 
$
56,689

Long term restricted cash included in other assets

 

 
547

Cash, cash equivalents and long term restricted cash shown in the consolidated statement of cash flows
$
68,929

 
$
48,707

 
$
57,236