SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2018

Stockholders' Equity Note [Abstract]

Summary of Changes in Stock Option Activity

A summary of employee option activity under the Company's stock option plans as of December 31, 2018 and changes during the year ended December 31, 2018 are as follows:

	Number of options			Weighted-average exercise price		Weighted- average remaining contractual life (in months)		Aggregate intrinsic value (in thousands)
Outstanding at January 1, 2018		412,976			4.616		44.21		183
Granted		555,000			5.032
Exercised		(17,191	)		4.507
Forfeited		(61,667	)		4.807
Outstanding at December 31, 2018		889,118			4.865		51.25		-
Exercisable at December 31, 2018		223,620			4.57		0.003		-

Schedule of Stock Options Outstanding

The options outstanding as of December 31, 2018 are follows:

Number of options outstanding as of December 31, 2018		Exercise price		Weighted average remaining contractual life		Number of options exercisable as of December 31, 2018
				(In months)
	54,000		5.01		38.89		18,000
	81,906		4.96		3.25		81,906
	24,000		4.40		29.23		16,000
	135,212		4.15		28.33		94,713
	39,000		4.86		43.94		13,001
	24,000		5.61		61.23		-
	440,000		5.15		65.78		-
	91,000		4.31		71.92		-
	889,118				51.25		223,620