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SHAREHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2018
Schedule of Stock Option Activity
The following is a summary of the Company's share options granted under the Plans:
 
   
Year ended
December 31, 2018
 
   
Number
of options (thousands)
   
Weighted average exercise
price (per share)
   
Weighted- average remaining contractual term
(in years)
   
Aggregate intrinsic value (*)
 
                         
Outstanding at beginning of year
   
1,570
   
$
9.64
     
3.12
   
$
403
 
Granted
   
9
     
16.44
                 
Exercised
   
(594
)
   
10.18
                 
Forfeited
   
(18
)
   
9.54
                 
                                 
Outstanding at end of year
   
967
   
$
9.38
     
2.52
   
$
9,967
 
                                 
Exercisable at end of year
   
834
   
$
9.70
     
2.17
   
$
8,324
 

(*) Calculation of aggregate intrinsic value for options outstanding and exercisable is based on the share price of the Company’s ordinary shares as of December 31, 2018 which was $19.68 per share.
Schedule of Shares Authorized Under Stock Option Plans, by Exercise Price Range
The options outstanding as of December 31, 2018, have been separated into ranges of exercise price per share as follows:

     
Outstanding
   
Exercisable
 
Exercise price
   
 
Number
 outstanding
(thousands)
   
Weighted average
 remaining
contractual
life
(years)
   
Weighted
average
exercise
price
   
Number
exercisable
(thousands)
   
Weighted
average
remaining
contractual life
(years)
   
Weighted
average exercise
price
 
                                       
$
2.76 - $7.29
     
289
     
4.11
   
$
6.50
     
165
     
3.72
   
$
6.36
 
$
7.81-$10.03
     
292
     
1.45
     
9.17
     
292
     
1.45
     
9.17
 
$
10.06 - $11.32
     
238
     
1.69
     
10.66
     
235
     
1.67
     
10.67
 
$
11.38 - $14.68
     
142
     
2.71
     
13.05
     
142
     
2.71
     
13.05
 
$
21.13
     
6
     
5.97
     
21.13
     
-
     
-
     
-
 
                                                     
         
967
     
2.52
   
$
9.38
     
834
     
2.17
   
$
9.70
 
Schedule of RSU/PSU Activity
A summary of the Company’s RSU (excluding PSUs) activities and related information for the year ended December 31, 2018, is as follows:

   
Number of RSUs
(thousands)
   
Weighted average
grant-date fair value
 
Outstanding at January 1, 2018
   
812
   
$
8.08
 
Granted
   
603
     
9.73
 
Vested
   
(360
)
   
8.83
 
Forfeited
   
(110
)
   
7.57
 
                 
Non-vested at December 31, 2018
   
945
   
$
8.90
 
Schedule of Stock-Based Compensation Expense
The allocation of the share-based compensation is as follows:

   
Year ended
December 31,
 
   
2018
   
2017
   
2016
 
                   
Cost of maintenance and services
 
$
198
   
$
162
   
$
148
 
Research and development
   
679
     
804
     
1,098
 
Selling and marketing
   
2,521
     
1,818
     
2,011
 
General and administrative
   
1,024
     
927
     
993
 
                         
Total share-based compensation
 
$
4,422
   
$
3,711
   
$
4,250
 
PSU [Member]  
Schedule of RSU/PSU Activity
A summary of the Company’s PSU activities and related information for the year ended December 31, 2018, is as follows:

   
Number of PSUs
(thousands)
   
Weighted average
grant-date fair value
 
Outstanding at January 1, 2018
   
40
   
$
6.82
 
Granted
   
370
     
10.06
 
Vested
   
-
     
-
 
Forfeited
   
(18
)
   
7.45
 
                 
Non-vested at December 31, 2018
   
392
   
$
9.85