SHAREHOLDERS' EQUITY

12 Months Ended

Dec. 31, 2017

Disclosure of classes of share capital [abstract]

SHAREHOLDERS' EQUITY

NOTE 17: -    SHAREHOLDERS' EQUITY

a. General:

All ordinary shares, options, per share data and exercise prices included in these financial statements for all periods presented have been adjusted to reflect the 1-for-2 reverse share split effected on November 19, 2013.

b. Share capital:

	December 31,
	2017				2016
	Authorized		Issued and Outstanding		Authorized		Issued and Outstanding
	Number of shares
Ordinary shares of NIS 0.02 par value each		150,000,000		25,750,547		150,000,000		25,480,809

c. Changes in share capital:

Share capital issued and outstanding:

	Number of shares		NIS par value
Outstanding at January 1, 2016		25,404,362		508,087
Exercise of options		76,447		1,529
Outstanding at December 31, 2016		25,480,809		509,616
Exercise of options		269,738		5,395
Outstanding at December 31, 2017		25,750,547		515,011

d. Rights attached to shares:

  Voting rights at the general meeting, rights to dividends, rights upon liquidation of the Company and the right to appoint directors of the Company.

e. Capital management in the Company:

The Company's objectives in managing capital are as follows:

To maintain its ability to ensure the continuity of the business, and thus to generate a return to equity holders, investors and other parties.

The Company manages its capital structure and makes adjustments following changes in economic conditions and the risk-nature of its operations. In order to maintain or to adjust the necessary capital structure, the Company takes various steps, such as raising funds by capital issues.