FAIR VALUE MEASUREMENT (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The Company's financial assets and liabilities measured at fair value on a recurring basis, consisted of the following types of instruments:

	December 31, 2016
	Level 1		Level 2		Level 3		Total
Liabilities:
Derivative financial instruments	$	-	$	74	$	-	$	74

	December 31, 2015
	Level 1		Level 2		Level 3		Total
Liabilities:
Contingent liability (see also note 11 (g))	$	-	$	-	$	640	$	640
Derivative financial instruments	$	-	$	14	$	-	$	14

Schedule of Assumptions used in Estimation of Fair Value

The fair value of the contingent liability as of December 31, 2015 was estimated using the following assumptions:

	2015
Volatility		16.6	%
Expected life (in years)		1.25
Risk free interest rate		0.08	%

Schedule of Reconciliation of Financial Assets and Liabilities Estimated Utilizing Level 3 Inputs

The following table summarizes the activity for those financial assets and liabilities where fair value measurements are estimated utilizing Level 3 inputs.

	December 31,
	2016			2015
Fair value at the beginning of the period	$	640		$	-
Additional resulting from Turbochrome acquisition		-			640
Adjustments to the provision resulting from    Turbochrome acquisition		(640	)		-
Fair value at the end of the period	$	-		$	640