Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2014

Options


	Year ended December 31, 2014
	Number			Weighted average exercise price ($)		Weighted average remaining contractual term (years)		Aggregate intrinsic value ($ in thousands)
Outstanding at beginning of year		3,423,566			10.36
Changes during the year:
Granted ⁽¹⁾		390,871			15.55
Exercised		(887,829	)		9.32
Forfeited or expired		(269,220	)		18.79

Outstanding at end of year		2,657,388			10.62		3.79		11,500

Exercisable at end of year		1,503,242			9.50		2.24		8,061

(1)

Including options to purchase a total of 32,947 Ordinary Shares awarded to directors of the Company, at an exercise price of $15.61 per share.

Restricted shares


	Year ended December 31, 2014
	Number			Weighted average grant date fair value ($)
Non-vested at beginning of year		3,226			11.49
Changes during the year:
Awarded ⁽¹⁾		1,608			15.61
Vested		(3,226	)		11.49
Forfeited		0

Non-vested at end of year		1,608			15.61

(1)

To one director of the Company.

RSUs


	Year ended December 31, 2014
	Number			Weighted average grant date fair value ($)
Outstanding at beginning of year		472,143			10.11
Changes during the year:
Awarded		168,876			15.56
Vested		(160,345	)		9.50
Forfeited		(46,620	)		9.84

Outstanding at end of year		434,054			12.49

Options


	Year ended December 31, 2014
	Number			Weighted average exercise price ($)		Weighted average remaining contractual term (years)		Aggregate intrinsic value ($ in thousands)
Outstanding at beginning of year		64,475			12.00
Changes during year:
Granted		6,705			15.57
Exercised		(7,075	)		11.31
Forfeited or expired		(9,025	)		20.17

Outstanding at end of year		55,080			11.18		3.42		205

Exercisable at end of year		36,377			10.61		2.38		153

RSUs


	Year ended December 31, 2014
	Number			Weighted average grant date fair value ($)
Outstanding at beginning of year		7,433			9.89
Changes during year:
Awarded		1,985			15.57
Vested		(2,917	)		9.27
Forfeited		0

Outstanding at end of year		6,501			11.94