Subsequent Event

3 Months Ended

Mar. 31, 2018

Subsequent Events [Abstract]

Subsequent Event

14. Subsequent Event

We are currently under audit by the Israeli Tax Authority. The audit includes the review of various matters, including employee equity based compensation.  On April 22, 2018, the Israeli Supreme Court published a decision, confirming the Tel-Aviv District Court ruling in Kontera Technologies Ltd. vs. Tel Aviv Field Office 3, that expenses for employee equity based compensation should be included in the cost base of an Israeli R&D subsidiary implementing a cost-plus arrangement and denied the corresponding tax deduction to the Israeli subsidiary in accordance with the specific provisions of section 102 of the Israeli Income Tax Ordinance.  Our policy is to review and update tax reserves as facts and circumstances change. As a result of this decision, we are reassessing our uncertain tax positions. We currently expect to record an adjustment to our tax reserves in the second quarter of the fiscal 2018 between $18 million and $21 million which includes tax liability and interest.