EQUITY (Tables)

12 Months Ended

Dec. 31, 2015

Stockholders' Equity Note [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity

In February 2016, our Board of Directors approved the reservation of an additional 4,000,000 Common Shares for issuance under the 2011 Plan.

A summary of the stock option activities in 2015 is as follows:

	Year ended December 31, 2015
	Amount of options		Weighted average exercise price		Weighted average remaining contractual life (in years)		Aggregate intrinsic value
Outstanding at January 1, 2015		2,796,081	$	3.49		3.07	$	10,957
Granted		673,408		9.38
Exercised		(1,080,470)		1.59
Expired and forfeited		(213,531)		4.39
Outstanding at December 31, 2015		2,175,488		5.36		3.49		9,274
Exercisable at December 31, 2015		1,002,286	$	3.01		2.52	$	6,554

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range

The options outstanding under the Company's stock option plans as of December 31, 2015 have been separated into ranges of exercise price as follows:

									Weighted
	Options		Weighted				Options		Average
	outstanding		Average		Weighted		Exercisable		Exercise
	as of		remaining		average		as of		price of
Ranges of	December 31,		contractual		exercise		December 31,		Options
exercise price	2015		Term		price		2015		Exercisable
			(Years)		$				$
1.2-1.48		166,978		1.29		1.34		166,978		1.34
2.08-2.7		297,094		2.90		2.56		297,094		2.56
3.45-3.77		325,971		2.70		3.57		242,769		3.58
4.72-4.85		163,445		3.02		4.73		76,945		4.74
5.25-5.53		90,000		3.55		5.33		45,000		5.33
6.27-6.92		130,000		4.15		6.42		66,666		6.27
7.01-7.68		367,000		4.22		7.46		106,834		7.43
8.42		300,000		5.35		8.42		-		-
9.93-10.78		335,000		5.76		10.45		-		-
		2,175,488		3.86		5.98		1,002,286		3.66