XML 36 R76.htm IDEA: XBRL DOCUMENT v2.4.0.8
TAXES ON INCOME (Reconciliation of Company's Effective Tax Rate to Statutory Tax Rate) (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
TAXES ON INCOME [Abstract]      
Income before taxes on income $ 74,689 $ 47,188 $ 32,971
Statutory tax rate in Israel 25.00% 25.00% 24.00%
Income taxes at statutory rate 18,672 11,797 7,913
Increase (decrease) in tax expenses resulting from:      
Tax benefit arising from reduced rate as an "Approved Enterprise" (11,267) (7,192) (3,707)
Non-deductible expenses, net 1,274 1,025 506
Adjustment for change in tax law 575    (1,800)
Decrease in taxes from prior years       (533)
Increase in taxes resulting from tax settlement with tax authorities       802
Tax adjustment in respect of foreign subsidiaries' different tax rates 741 558 72
Uncertain tax liability (ASC 740) 219 344 56
Changes in valuation allowance 97 211 (72)
Others 25 78 363
Income tax expense $ 10,336 $ 6,821 $ 3,600
Effective tax rate 14.00% 14.00% 11.00%
Per share amounts (basic) of the tax benefit resulting from an "Approved Enterprise" $ (0.31) $ (0.22) $ (0.19)
Per share amounts (diluted) of the tax benefit resulting from an "Approved Enterprise" $ (0.30) $ (0.22) $ (0.19)