INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2019

Income Taxes Tables

Schedule of Taxes on Income

a. Taxes on income are comprised as follows:

	Three months ended June 30,						Six months ended June 30,
	2019			2018			2019			2018
	(unaudited)						(unaudited)
Current year taxes	$	13,753		$	5,322		$	18,909		$	12,323
Deferred tax income net, and others		(540	)		(1,705	)		(1,774	)		(3,044	)
Taxes on income	$	13,213		$	3,617		$	17,135		$	9,279

Schedule of Deferred Tax Assets and Liabilities

Significant components of the Company’s deferred tax liabilities and assets are as follows:

	As of June 30, 2019			As of December 31, 2018
	(Unaudited)
Deferred tax assets, net:
Research and Development carryforward expenses	$	8,657		$	9,482
Carryforward tax losses		5,670			4,155
Stock based compensation expenses		4,056			3,160
Allowance and other reserves		7,242			5,811
Total deferred tax assets	$	25,625		$	22,608
Deferred tax liabilities, net:
Intangible assets		(19,537	)		(9,408	)
Total deferred tax liabilities	$	(19,537	)	$	(9,408	)
Recorded as:
Deferred tax assets, net	$	14,751		$	14,699
Deferred tax liabilities, net		(8,663	)		(1,499	)
Net deferred tax assets	$	6,088		$	13,200

Schedule of Uncertain Tax Positions

c. Uncertain tax positions:

	As of June 30, 2019		As of December 31, 2018
	(Unaudited)
Balance at January 1,	$	8,499	$	579
Increases related to current year tax positions		1,216		8,499
Decreases related to prior year tax positions		-		(579	)
	$	9,715	$	8,499