Leases

12 Months Ended

Dec. 31, 2019

Disclosure Text Block [Abstract]

Leases of Lessee Disclosure [Text Block]

NOTE 13:- LEASES

The components of lease expense for the year ended December 31, 2019 were as follows:

	Year ended
	December 31, 2019
Operating lease	$	3,857
Short-term lease		131
Total lease expense	$	3,988

Cash paid for amounts included in the measurement of operating lease liabilities was $3,910 during the year ended December 31, 2019.

The Company’s operating lease agreements have remaining lease terms ranging from 1 year to 11 years, including agreements with options to extend the leases for up to 5 years.

The following table represents the weighted-average remaining lease term and discount rate:

	Year ended
	December 31, 2019
Weighted average remaining lease term		9.3 years
Weighted average discount rate		3.1	%

The discount rate was determined based on the estimated collateralized borrowing rate of the Company, adjusted to the specific lease term and location of each lease.

Maturities of operating lease liabilities were as follows:

	Year ended
	December 31, 2019
2020	$	4,341
2021		3,750
2022		2,938
2023		2,284
2024 and after		13,003
Total operating lease payments	$	26,316
Less: imputed interest		3,183
Present value of lease liabilities	$	23,133