v3.19.1
INCOME TAXES (Tables)
3 Months Ended
Mar. 31, 2019
Income Taxes Tables  
Schedule of Taxes on Income
Taxes on income (tax benefit) are comprised as follows:
 
   
Three months ended
March 31,
 
   
2019
   
2018
 
   
Unaudited
 
             
Current period taxes
 
$
4,895
   
$
7,001
 
Deferred tax income, net and others
   
(973
)
   
(1,339
)
                 
Taxes on income
 
$
3,922
   
$
5,662
Schedule of Deferred Tax Assets and Liabilities
Significant components of the Company’s deferred tax liabilities and assets are as follows:
 
   
As of March 31, 2019
   
As of December 31, 2018
 
   
(Unaudited)
       
Deferred tax assets, net:
           
             
Research and Development carryforward expenses
 
$
8,751
   
$
9,482
 
Carryforward tax losses
   
5,384
     
4,155
 
Stock based compensation expenses
   
3,571
     
3,160
 
Inventory Impairment
   
1,299
     
1,471
 
Allowance and other reserves
   
6,675
     
4,340
 
                 
Total deferred tax assets
 
$
25,680
   
$
22,608
 
                 
Deferred tax liabilities, net:
               
Purchase price allocation adjustments
   
(19,635
)
   
(9,408
)
                 
Total deferred tax liabilities
 
$
(19,635
)
 
$
(9,408
)
                 
Recorded as:
               
Deferred tax assets, net
 
$
14,589
   
$
14,699
 
Deferred tax liabilities, net
   
(8,544
)
   
(1,499
)
Net deferred tax assets
 
$
6,045
   
$
13,200
Schedule of Uncertain Tax Positions
Uncertain tax positions:

   
March 31, 2019
   
December 31, 2018
 
   
(Unaudited)
       
             
Balance at January 1,
 
$
8,499
   
$
579
 
Increases related to current year tax positions
   
1,033
     
8,499
 
Decreases related to prior year tax positions
   
-
     
(579
)
   
$
9,532
   
$
8,499