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TAXES ON INCOME (Tables)
12 Months Ended
Dec. 31, 2015
Income Tax Disclosure [Abstract]  
Schedule of profit (loss) before taxes on income
​ ​ ​
Year ended December 31,
​
​ ​ ​
2015
​ ​
2014
​ ​
2013
​
​ ​ ​
U.S. dollars in thousands
​
Domestic* (Netherlands)
​ ​ ​ ​ — ​ ​ ​ ​ ​ (222) ​ ​ ​ ​ ​ (109) ​ ​
Domestic* (Israel)
​ ​ ​ ​ 79,402 ​ ​ ​ ​ ​ (5,492) ​ ​ ​ ​ ​ — ​ ​
Foreign*
​ ​ ​ ​ 308 ​ ​ ​ ​ ​ (12,105) ​ ​ ​ ​ ​ 17,755 ​ ​
​ ​ ​ ​ ​ 79,710 ​ ​ ​ ​ ​ (17,819) ​ ​ ​ ​ ​ 17,646 ​ ​
​
​
*
As mentioned above, since July 2014, the Company has been a resident of Israel and not The Netherlands for tax purposes. Therefore, prior to July 2014 “domestic” represented taxing under the 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,
​
​ ​ ​
2015
​ ​
2014
​ ​
2013
​
​ ​ ​
U.S. dollars in thousands
​
Current taxes: ​ ​ ​ ​
Domestic* (Israel)
​ ​ ​ ​ (11,124) ​ ​ ​ ​ ​ (4,452) ​ ​ ​ ​ ​ — ​ ​
Foreign*
​ ​ ​ ​ (404) ​ ​ ​ ​ ​ (5,589) ​ ​ ​ ​ ​ (713) ​ ​
​ ​ ​ ​ ​ (11,528) ​ ​ ​ ​ ​ (10,041) ​ ​ ​ ​ ​ (713) ​ ​
Deferred taxes: ​ ​ ​ ​
Domestic* (Israel)
​ ​ ​ ​ 245 ​ ​ ​ ​ ​ 611 ​ ​ ​ ​ ​ — ​ ​
Foreign*
​ ​ ​ ​ 23 ​ ​ ​ ​ ​ (2,835) ​ ​ ​ ​ ​ 2,987 ​ ​
​ ​ ​ ​ ​ 268 ​ ​ ​ ​ ​ (2,224) ​ ​ ​ ​ ​ 2,987 ​ ​
​ ​ ​ ​ ​ (11,260) ​ ​ ​ ​ ​ (12,265) ​ ​ ​ ​ ​ 2,274 ​ ​
​
​
*
See comment at section 9(c) above.
Schedule of taxes on income reconciliation

​ ​ ​
Year ended December 31,
​
​ ​ ​
2015
​ ​
2014
​ ​
2013
​
​ ​ ​
U.S. dollars in thousands
​
Income (loss) before taxes on income as reported in the statements of operations
​ ​ ​ ​ 79,710 ​ ​ ​ ​ ​ (17,819) ​ ​ ​ ​ ​ 17,646 ​ ​
Statutory tax rate in Israel and the Netherlands for years ended December 31, 2015 and 2013, respectively, and weighted average income tax rate for the year ended December 31, 2014*
​ ​ ​ ​ 26.5% ​ ​ ​ ​ ​ 26.4% ​ ​ ​ ​ ​ 25% ​ ​
Theoretical tax benefit (taxes on income)
​ ​ ​ ​ (21,123) ​ ​ ​ ​ ​ 4,704 ​ ​ ​ ​ ​ (4,412) ​ ​
Increase (decrease) in taxes on income resulting from: ​ ​ ​ ​
Tax adjustment for foreign subsidiaries subject to a different tax 
rate
​ ​ ​ ​ 7 ​ ​ ​ ​ ​ 3,665 ​ ​ ​ ​ ​ 239 ​ ​
Reduced tax rate on income derived from “Preferred enterprise” 
and “Benefited Enterprise” plans**
​ ​ ​ ​ 14,920 ​ ​ ​ ​ ​ (6,734) ​ ​ ​ ​ ​ 1,053 ​ ​
Usage of carry forward tax losses for which deferred taxes were not recorded
​ ​ ​ ​ 243 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 3,276 ​ ​
Change in valuation allowance
​ ​ ​ ​ (962) ​ ​ ​ ​ ​ (536) ​ ​ ​ ​ ​ 2,574 ​ ​
Non-deductible expenses and other permanent differences, mainly share based compensation expenses (see also note 8e)
​ ​ ​ ​ (4,210) ​ ​ ​ ​ ​ (7,512) ​ ​ ​ ​ ​ (34) ​ ​
Increase in uncertain tax position, net
​ ​ ​ ​ (629) ​ ​ ​ ​ ​ (5,612) ​ ​ ​ ​ ​ (434) ​ ​
Other
​ ​ ​ ​ 494 ​ ​ ​ ​ ​ (240) ​ ​ ​ ​ ​ 12 ​ ​
Tax benefit (taxes) on income as reported in the statements of operations
​ ​ ​ ​ (11,260) ​ ​ ​ ​ ​ (12,265) ​ ​ ​ ​ ​ 2,274 ​ ​
**) Per share amounts of the benefit resulting from “Preferred enterprise” and “Benefited Enterprise” plans:
​ ​ ​ ​
Basic
​ ​ ​ $ 0.07 ​ ​ ​ ​ $ (0.06) ​ ​ ​ ​ $ 0.03 ​ ​
Diluted
​ ​ ​ $ 0.06 ​ ​ ​ ​ $ (0.06) ​ ​ ​ ​ $ 0.03 ​ ​
​
​
*
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 amounts 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
​
​ ​ ​
2015
​ ​
2014
​ ​
2013
​
Balance at the beginning of the year
​ ​ ​ ​ 6,556 ​ ​ ​ ​ ​ 1,402 ​ ​ ​ ​ ​ 902 ​ ​
Increases based on tax positions taken during prior years
​ ​ ​ ​ 258 ​ ​ ​ ​ ​ 4,071 ​ ​ ​ ​ ​ 732 ​ ​
Decrease in unrecognized tax positions as a result of statute of limitation expirations
​ ​ ​ ​ (267) ​ ​ ​ ​ ​ (201) ​ ​ ​ ​ ​ (298) ​ ​
Additions (reductions) related to currency translation
​ ​ ​ ​ (21) ​ ​ ​ ​ ​ (461) ​ ​ ​ ​ ​ 66 ​ ​
Increase due to tax positions taken during the current period
​ ​ ​ ​ 638 ​ ​ ​ ​ ​ 1,745 ​ ​ ​ ​ ​ — ​ ​
Balance at the end of the year
​ ​ ​ ​ 7,164 ​ ​ ​ ​ ​ 6,556 ​ ​ ​ ​ ​ 1,402 ​ ​
Schedule of significant components of deferred tax assets and liabilities

​ ​ ​
As of December 31, 2015
​ ​
As of December 31, 2014
​
​ ​ ​
Non-current
​ ​
Total
​ ​
Current
​ ​
Non-current
​
Stock-based compensation
​ ​ ​ ​ 2,113 ​ ​ ​ ​ ​ 927 ​ ​ ​ ​ ​ 459 ​ ​ ​ ​ ​ 468 ​ ​
Provisions for employee benefits
​ ​ ​ ​ 154 ​ ​ ​ ​ ​ 119 ​ ​ ​ ​ ​ 119 ​ ​ ​ ​ ​ — ​ ​
Accrued severance pay
​ ​ ​ ​ 210 ​ ​ ​ ​ ​ 141 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 141 ​ ​
Net operating losses carryforward
​ ​ ​ ​ 417 ​ ​ ​ ​ ​ 757 ​ ​ ​ ​ ​ 100 ​ ​ ​ ​ ​ 657 ​ ​
Deferred tax assets, before valuation allowance
​ ​ ​ ​ 2,894 ​ ​ ​ ​ ​ 1,944 ​ ​ ​ ​ ​ 678 ​ ​ ​ ​ ​ 1,266 ​ ​
Valuation allowance
​ ​ ​ ​ (1,769) ​ ​ ​ ​ ​ (1,087) ​ ​ ​ ​ ​ (73) ​ ​ ​ ​ ​ (1,014) ​ ​
Net deferred tax assets
​ ​ ​ ​ 1,125 ​ ​ ​ ​ ​ 857 ​ ​ ​ ​ ​ 605 ​ ​ ​ ​ ​ 252 ​ ​
​