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TAXES ON INCOME (Tables)
 12 Months Ended
Dec. 31, 2014
Income Tax Disclosure [Abstract]  
Schedule of profit (loss) before taxes on income
​ ​ ​
Year ended December 31,
​ ​ ​
2014
 ​ ​
2013
 ​ ​
2012
​ ​ ​
U.S. dollars in thousands
Domestic* (Netherlands)
 ​ ​ ​ ​ (222) ​ ​ ​ ​ ​ (109) ​ ​ ​ ​ ​ 50
Domestic* (Israel)
 ​ ​ ​ ​ (5,492) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ —
Foreign* ​ ​ ​ ​ (12,105) ​ ​ ​ ​ ​ 17,755 ​ ​ ​ ​ ​ 231
​ ​ ​ ​ ​ (17,819) ​ ​ ​ ​ ​ 17,646 ​ ​ ​ ​ ​ 281
​
​
*
As mentioned above, since July 2014, the Company is a resident of Israel and not The Netherlands for tax purposes. Therefore, prior to July 2014 “domestic” represented taxing under Dutch tax authorities and as of July 2014 “domestic” represents taxing under the Israeli tax authorities. Thus, in the periods prior to July 2014 taxing under the Israeli tax authorities is included in the table above as foreign profit (loss) before taxes on income.
Schedule of benefit (taxes) on income
​ ​ ​
Year ended December 31,
 ​
​ ​ ​
2014
 ​ ​
2013
 ​ ​
2012
 ​
​ ​ ​
U.S. dollars in thousands
 ​
Current taxes: ​ ​ ​ ​
Domestic* (Netherlands)
 ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
Domestic* (Israel)
 ​ ​ ​ ​ (4,452) ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
Foreign*
 ​ ​ ​ ​ (5,589) ​ ​ ​ ​ ​ (713) ​ ​ ​ ​ ​ (327) ​ ​
​ ​ ​ ​ ​ (10,041) ​ ​ ​ ​ ​ (713) ​ ​ ​ ​ ​ (327) ​ ​
Deferred taxes: ​ ​ ​ ​
Domestic* (Netherlands)
 ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
Domestic* (Israel)
 ​ ​ ​ ​ 611 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
Foreign*
 ​ ​ ​ ​ (2,835) ​ ​ ​ ​ ​ 2,987 ​ ​ ​ ​ ​ (7) ​ ​
​ ​ ​ ​ ​ (2,224) ​ ​ ​ ​ ​ 2,987 ​ ​ ​ ​ ​ (7) ​ ​
​ ​ ​ ​ ​ (12,265) ​ ​ ​ ​ ​ 2,274 ​ ​ ​ ​ ​ (334) ​ ​
​
​
*
See comment at section 9(d) above.
Schedule of taxes on income reconciliation
​ ​ ​
Year ended December 31,
 ​
​ ​ ​
2014
 ​ ​
2013
 ​ ​
2012
 ​
​ ​ ​
U.S. dollars in thousands
 ​
Income (loss) before taxes on income as reported in the statements of operations
 ​ ​ ​ ​ (17,819) ​ ​ ​ ​ ​ 17,646 ​ ​ ​ ​ ​ 281 ​ ​
Statutory tax rate in the Netherlands for years ended December 31, 2013 and 2012 and weighted average income tax rate for the year ended December 31, 2014*
 ​ ​ ​ ​ 26.4% ​ ​ ​ ​ ​ 25% ​ ​ ​ ​ ​ 20% ​ ​
Theoretical tax benefit (taxes on income)
 ​ ​ ​ ​ 4,704 ​ ​ ​ ​ ​ (4,412) ​ ​ ​ ​ ​ (56) ​ ​
Increase (decrease) in taxes on income resulting from: ​ ​ ​ ​
Tax adjustment for foreign subsidiaries subject to a different tax rate
 ​ ​ ​ ​ (3,605) ​ ​ ​ ​ ​ 1,292 ​ ​ ​ ​ ​ (212) ​ ​
Usage of carry forward tax losses in the Cypriot subsidiary
 ​ ​ ​ ​ — ​ ​ ​ ​ ​ 3,276 ​ ​ ​ ​ ​ — ​ ​
Reversal of valuation allowance in the Cypriot subsidiary
 ​ ​ ​ ​ — ​ ​ ​ ​ ​ 2,574 ​ ​ ​ ​ ​ — ​ ​
Non-deductible expenses and other permanent differences
 ​ ​ ​ ​ (7,973) ​ ​ ​ ​ ​ (34) ​ ​ ​ ​ ​ (25) ​ ​
Increase in uncertain tax position, net
 ​ ​ ​ ​ (5,151) ​ ​ ​ ​ ​ (500) ​ ​ ​ ​ ​ (7) ​ ​
Other
 ​ ​ ​ ​ (240) ​ ​ ​ ​ ​ 78 ​ ​ ​ ​ ​ (34) ​ ​
Tax benefit (taxes) on income as reported in the statements of operations
 ​ ​ ​ ​ (12,265) ​ ​ ​ ​ ​ 2,274 ​ ​ ​ ​ ​ (334) ​ ​
​
​
*
The theoretical tax benefit (taxes on income) for the year ended December 31, 2014 computed on pre-tax income or loss at the weighted average tax rate has been calculated as the sum of the pre-tax income in the Netherlands and Israel multiplied by that jurisdiction’s applicable statutory tax rate. The statutory tax rates by jurisdiction were 26.5% for Israel and 25% for the Netherlands.
Schedule of uncertain tax positions
​ ​ ​
U.S. dollars
in thousands
 ​
Balance at January 1, 2012
 ​ ​ ​ ​ 895 ​ ​
Increase in unrecognized tax positions as a result of tax positions taken during the 
current year
 ​ ​ ​ ​ 186 ​ ​
Decrease in unrecognized tax positions as a result of statute of limitation expirations
 ​ ​ ​ ​ (179) ​ ​
Balance at December 31, 2012
 ​ ​ ​ ​ 902 ​ ​
Increase in unrecognized tax positions as a result of tax positions taken during the 
current year
 ​ ​ ​ ​ 798 ​ ​
Decrease in unrecognized tax positions as a result of statute of limitation expirations
 ​ ​ ​ ​ (298) ​ ​
Balance at December 31, 2013
 ​ ​ ​ ​ 1,402 ​ ​
Increase in unrecognized tax positions as a result of tax positions taken during the 
current year
 ​ ​ ​ ​ 5,355 ​ ​
Decrease in unrecognized tax positions as a result of statute of limitation expirations
 ​ ​ ​ ​ (201) ​ ​
Balance at December 31, 2014
 ​ ​ ​ ​ 6,556
Schedule of significant components of deferred tax assets and liabilities
​ ​ ​
December 31,
 ​
​ ​ ​
2014
 ​ ​
2013
 ​
​ ​ ​
U.S. dollars in thousands
 ​
Deferred tax assets
 ​ ​ ​
Net operating losses carryforward
 ​ ​ ​ ​ 100 ​ ​ ​ ​ ​ 2,972 ​ ​
Stock-based compensation
 ​ ​ ​ ​ 390 ​ ​ ​ ​ ​ — ​ ​
Provisions for employee benefits
 ​ ​ ​ ​ 115 ​ ​ ​ ​ ​ 53 ​ ​
Deferred tax assets – short-term – other current assets
 ​ ​ ​ ​ 605 ​ ​ ​ ​ ​ 3,025 ​ ​
Liability in respect of employee rights upon retirement, net
 ​ ​ ​ ​ 116 ​ ​ ​ ​ ​ 70 ​ ​
Stock-based compensation
 ​ ​ ​ ​ 136 ​ ​ ​ ​ ​ — ​ ​
Deferred tax assets, before valuation allowance – Long-term
 ​ ​ ​ ​ 252 ​ ​ ​ ​ ​ 70 ​ ​
Less – valuation allowance
 ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
Deferred tax assets – Long-term
 ​ ​ ​ ​ 252 ​ ​ ​ ​ ​ 70 ​