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Document and Entity Information	9 Months Ended
Document and Entity Information	Sep. 30, 2016 shares
Document and Entity Information [Abstract]
Entity Registrant Name	Kornit Digital Ltd.
Entity Central Index Key	0001625791
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	6-K
Document Period End Date	Sep. 30, 2016
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2016
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding	0

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
CURRENT ASSETS:
Cash and cash equivalents	$ 18,477	$ 18,464
Short-term bank deposits		22,000
Available for sale marketable securities	12,069	4,527
Trade receivables, net	29,477	22,598
Other accounts receivable and prepaid expenses	3,903	3,314
Inventories	22,955	15,803
Total current assets	86,881	86,706
Available for sale marketable securities	26,145	29,152
Property and equipment, net	8,337	4,778
Goodwill	5,092
Intangible assets, net	3,586	1,023
Other assets	2,145	1,693
Total long-term assets	45,305	36,646
Total assets	132,186	123,352
CURRENT LIABILITIES:
Trade payables	14,354	13,230
Employees and payroll accruals	4,590	4,383
Deferred revenues and advances from customers	1,312	1,008
Other payables and accrued expenses	5,972	2,630
Total current liabilities	26,228	21,251
LONG TERM LIABILITIES:
Accrued severance pay	1,564	1,839
Payment obligation related to acquisition	1,030
Total long-term liabilities	2,594	1,839
SHAREHOLDERS' EQUITY:
Ordinary shares of NIS 0.01 par value - Authorized: 200,000,000 shares at December 31, 2015 and September 30, 2016 (Unaudited), respectively; Issued and Outstanding: 30,295,949 shares and 30,704,348 shares at December 31, 2015 and September 30, 2016 (Unaudited), respectively	77	76
Accumulated other comprehensive income (loss)	167	(283)
Additional paid in capital	91,714	89,071
Retained earnings	11,406	11,398
Total shareholders' equity	103,364	100,262
Total liabilities and shareholders' equity	$ 132,186	$ 123,352

Consolidated Balance Sheets (Parenthetical) - ₪ / shares	Sep. 30, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Common stock, par value	₪ 0.01	₪ 0.01
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	30,704,348	30,295,949
Common stock, shares outstanding	30,704,348	30,295,949

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Income Statement [Abstract]
Revenues	$ 76,707	$ 60,907
Cost of revenues	40,924	32,377
Gross profit	35,783	28,530
Operating expenses:
Research and development	12,293	8,573
Selling and marketing	13,585	9,175
General and administrative	9,279	7,213
Total operating expenses	35,157	24,961
Operating income	626	3,569
Finance income (expenses), net	93	(170)
Income before taxes on income	719	3,399
Taxes on income	711	739
Net income	$ 8	$ 2,660
Basic net earnings per share	$ 0.00	$ 0.12
Diluted net earnings per share	$ 0.00	$ 0.11

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 8	$ 2,660
Available-for-sale marketable securities:
Changes in unrealized gain (losses)	340	(54)
Reclassification adjustments for gain included in net income	(2)
Net change	338	(54)
Cash flow hedges:
Changes in unrealized gain	152	(26)
Reclassification adjustments for loss included in net income	(62)	(32)
Net change	90	(58)
Foreign currency translation adjustment	22	111
Net change in accumulated comprehensive income (loss)	450	(1)
Comprehensive income	$ 458	$ 2,259

Statements of Changes in Shareholders' Equity - 9 months ended Sep. 30, 2016 - USD ($) $ in Thousands	Total	Ordinary shares	Additional paid in capital	Accumulated other comprehensive income	Retained earnings
Balance at Dec. 31, 2015	$ 100,262	$ 76	$ 89,071	$ (283)	$ 11,398
Balance, shares at Dec. 31, 2015		30,295,949
Exercise of options	564	$ 1	563
Exercise of options, shares		408,399
Share-based compensation	2,080		2,080
Other comprehensive loss	450
Net income	8				8
Balance (Unaudited) at Sep. 30, 2016	$ 103,364	$ 77	$ 91,714	$ 167	$ 11,406
Balance (Unaudited), shares at Sep. 30, 2016		30,704,348

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows used in operating activities:
Net income	$ 8	$ 2,660
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	2,007	1,279
Share based compensation	2,080	1,626
Amortization of premium and accretion of discount on available for sale marketable securities	338	26
Accretion of payment obligation	90
Increase in trade receivables	(6,772)	(7,726)
Increase in other receivables and prepaid expenses	(529)	(1,655)
Increase in inventories	(4,697)	(3,361)
Increase in deferred taxes, net	(368)	(76)
Increase in other assets	(356)	(57)
Increase in trade payables	1,449	3,101
Increase in employees and payroll accruals	199	1,486
Increase (decrease) in deferred revenues and advances from customers	298	(1,281)
Increase in other payables and accrued expenses	2,061	729
loss from sale of property and equipment	6
Foreign currency translation gain (loss) on inter company balances with foreign subsidiaries	(138)	409
Net cash used in operating activities	(4,324)	(2,840)
Cash flows provided by (used in) investing activities:
Purchase of property and equipment	(4,487)	(1,052)
Cash paid in connection with acquisition	(9,206)	(1,000)
Proceeds from bank deposits, net	22,000	(11,000)
Proceeds from maturity of marketable securities	3,500	1,500
Proceeds from sale of marketable securities	1,523	8
Purchase of marketable securities	(9,564)	(27,428)
Net cash provided by (used in) investing activities	3,766	(38,972)
Cash flows provided by financing activities:
Proceeds from initial public offering, net		74,180
Exercise of employee stock options	564	60
Net cash provided by financing activities	564	74,240
Foreign currency translation adjustments on cash and cash equivalents	7	(44)
Increase in cash and cash equivalents	13	32,384
Cash and cash equivalents at the beginning of the period	18,464	4,993
Cash and cash equivalents at the end of the period	18,477	37,377
Supplemental disclosure of non-cash investing and financing activities:
Purchase of property and equipment on credit	95	145
Inventory transferred to be used as property and equipment	1,090	592
Property and equipment transferred to be used as inventory		$ 106

General

9 Months Ended

Sep. 30, 2016

General [Abstract]

GENERAL

NOTE 1:-

GENERAL

	a.	Kornit Digital Ltd. (the “Company”) was incorporated in 2002 under the laws of the State of Israel. The Company and its subsidiaries develop, design and market digital printing solutions for the global printed textile industry. The Company’s and its subsidiaries’ solutions are based on their proprietary digital textile printing systems, ink and other consumables, associated software and value added services.

	b.	The Company has established wholly-owned subsidiaries in Israel, the United States, Germany and Hong Kong. The Company's subsidiaries are engaged primarily in sales, and marketing, except for the Israeli subsidiary which is engaged primarily in research and development and manufacturing.

Significant Accounting Policies

9 Months Ended

Sep. 30, 2016

Significant Accounting Policies [Abstract]

SIGNIFICANT ACCOUNTING POLICIES

NOTE 2:-

SIGNIFICANT ACCOUNTING POLICIES

Unaudited interim consolidated financial statements:

The accompanying unaudited interim consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") for interim financial information. In the opinion of management, the unaudited interim consolidated financial statements include all adjustments of a normal recurring nature necessary for a fair presentation of the Company's consolidated financial statements.

The balance sheet at December 31, 2015 has been derived from the audited consolidated financial statements of the Company at that date but does not include all of information and footnotes required by U.S. GAAP for complete financial statements.

The accompanying unaudited interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes for the year ended December 31, 2015, included in the Company’s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission ("SEC") on March 17, 2016. Results for the nine months ended September 30, 2016 are not necessarily indicative of results that may be expected for the year ending December 31, 2016.

Use of estimates:

The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period. The Company's management believes that the estimates, judgments and assumptions used are reasonable based upon information available at the time they are made. Actual results could differ from those estimates.

Impact of recently issued accounting standard not yet adopted:

Stock Compensation - In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-09, Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting (“ASU 2016-09”), which simplified certain aspects of the accounting for share-based payment transactions, including income taxes, classification of awards and classification in the statement of cash flows. ASU 2016-09 will be effective for the Company beginning in its first quarter of 2018. The Company is currently evaluating the impact of adopting ASU 2016-09 on its consolidated financial statements.

Leases - In February 2016, the FASB issued ASU 2016-02, "Leases" ("ASU 2016-02"). The updated standard aims to increase transparency and comparability among organizations by requiring lessees to recognize lease assets and lease liabilities on the balance sheet and requiring disclosure of key information about leasing arrangements. This update is effective for annual periods beginning after December 15, 2018, and interim periods within those annual periods; early adoption is permitted and modified retrospective application is required. The Company is in the process of evaluating the impact of adopting ASU 2016-02 on its financial statements.

Financial Instruments - In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2016-01”), which updates certain aspects of recognition, measurement, presentation and disclosure of financial instruments. ASU 2016-01 will be effective for the Company beginning in its first quarter of 2019. The Company does not believe the adoption of ASU 2016-01 will have a material impact on its consolidated financial statements.

Revenue Recognition - In May 2014, the FASB issued ASU No. 2014-09, "Revenue from Contracts with Customers" ("ASU 2014-09"). ASU 2014-09 supersedes the revenue recognition requirements in "Revenue Recognition (Topic 605)", and requires entities to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. As currently issued and amended, ASU 2014-09 is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period, though early adoption is permitted for annual reporting periods beginning after December 15, 2016. The Company is still evaluating the effect that ASU 2014-09 will have on its consolidated financial statements and related disclosures.

Acquisition

9 Months Ended

Sep. 30, 2016

Acquisition [Abstract]

ACQUISITION

NOTE 3:-

ACQUISITION

On July 1, 2016 (the "Closing Date"), the Company, through its wholly owned subsidiary Kornit Digital North America Inc., acquired the digital direct to garment printing assets of SPSI Inc., a North American distributor and service provider for graphic arts, printing and garment decoration solutions. Under the related acquisition agreement, the total consideration of $11,443 which compromised of the following:

	-	$9,206 in cash paid on the Closing Date, of which $741 is held in escrow for one year following the Closing Date.

	-	Milestone-based contingent payments in a total of up to $2,700 payable in 2016, 2017 and 2018. The milestone-based contingent payments are subject to the acquired business territory meeting revenues targets between the Closing Date and December 31, 2016 during 2017 and 2018. These milestone-based contingent payments were measured at fair value at the Closing Date and recorded as a liability on the balance sheet in the amount of $2,237 ($2,327 as of September 30, 2016).

In addition, the Company incurred acquisition-related costs in a total amount of $493, which are included in general and administrative expenses. Acquisition-related costs include legal, accounting, consulting fees and other external costs directly related to the acquisition.

The main reasons for this acquisition is to improve connectivity with customers by expanding its leadership position in the digital textile market as well as providing direct access to a large number of traditional screen printing customers.

Purchase price allocation:

Under business combination accounting principles, the total purchase price was allocated to SPSI's net tangible and intangible assets based on their estimated fair values as set forth below. The excess of the purchase price over the net tangible and identifiable intangible assets was recorded as goodwill.

The purchase price allocation for the acquisition has been determined at the follows:

	Fair Value		Amortization period (years)
Tangible Assets
Inventory	$	3,472

Intangible Assets:
Customer Relationships (*)	$	2,614		5.0
Non-competition agreement (**)		265		4.0
Goodwill		5,092		Infinite
Total purchase price	$	11,443

(*) Customer relationships represent the underlying relationships and agreements with SPSI’s installed customer base and are amortized over the useful life of the agreements using straight-line method.

(**) Non-competition agreement is amortized over the useful life of the agreement using straight-line method.

In performing the purchase price allocation, the Company considered, among other factors, analysis of historical financial performance, the best use of the acquired assets and estimates of future performance of SPSI's installed base. In its allocation, the Company conducted the valuation of intangible assets based on a market participant approach to valuation using an income approach and considered the report of an independent third party valuation firm and estimates and assumptions provided by management.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

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-Name Accounting Standards Codification
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-Publisher FASB
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Reference 15: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Available-for-Sale Marketable Securities

9 Months Ended

Sep. 30, 2016

Available-for-Sale Marketable Securities [Abstract]

AVAILABLE-FOR-SALE MARKETABLE SECURITIES

NOTE 4:-

AVAILABLE-FOR-SALE MARKETABLE SECURITIES

The following is a summary of available-for-sale marketable securities:

	September 30, 2016
	Unaudited
	Amortized cost		Gross unrealized gain		Gross unrealized loss			Fair value
Matures within one year:
Corporate debentures	$	12,062	$	10	$	(3	)	$	12,069
Matures after one year through three years:
Corporate debentures		26,041		116		(12	)		26,145

Total	$	38,103	$	126	$	(15	)	$	38,214

	December 31, 2015
	Amortized cost		Gross unrealized gain		Gross unrealized loss			Fair value
Matures within one year:
Corporate debentures	$	4,533	$	-	$	(6	)	$	4,527
Matures after one year through three years:
Corporate debentures		29,373		1		(222	)		29,152

Total	$	33,906	$	1	$	(228	)	$	33,679

All investments with an unrealized loss as of September 30, 2016 are with continuous unrealized losses for less than 12 months.

- Definition

The entire disclosure for investments in certain debt and equity securities.

+ References + Details

Fair Value Measurements

9 Months Ended

Sep. 30, 2016

Fair Value Measurements [Abstract]

FAIR VALUE MEASUREMENTS

NOTE 5:-

FAIR VALUE MEASUREMENTS

FASB Accounting Standards Codification ("ASC") No. 820, "Fair Value Measurements and Disclosures" defines fair value and establishes a framework for measuring fair value.

According to ASC No. 820, fair value is an exit price, representing the amount that would be received for selling an asset or paid for the transfer of a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or a liability. A three-tier fair value hierarchy is established as a basis for considering such assumptions and for inputs used in the valuation methodologies in measuring fair value:

	Level I:		Unadjusted quoted prices in active markets that are accessible on the measurement date for identical, unrestricted assets or liabilities;

	Level II:		Quoted prices in markets that are not active, or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability; and

	Level III:		Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (supported by little or no market activity).

The Company measures its marketable securities, foreign currency derivative contracts and the contingent payments obligation in connection with acquisition (the "Contingent Payments") at fair value. Marketable securities and foreign currency derivative contracts are classified within Level II as the valuation inputs are based on quoted prices and market observable data of similar instruments. The Contingent Payments are classified within level III as the valuation inputs are based on significant inputs not observable in the market.

The below table sets forth the Company's assets and liabilities that were measured at fair value as of September 30, 2016 and December 31, 2015 by level within the fair value hierarchy.

Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.

	As of September 30, 2016
	Unaudited
	Level 1		Level 2		Level 3		Total
Assets:
Available-for-sale marketable securities			$	38,214		-	$	38,214
Foreign currency derivative contracts		-		86		-		86
Total financial assets		-	$	38,300		-	$	38,300

Liabilities:
Total payment obligation related to acquisition		-		-	$	2,327	$	2,327
Total liabilities		-		-	$	2,327	$	2,327

	As of December 31, 2015
	Level 1		Level 2		Level 3		Total
Assets:
Available-for-sale marketable securities			$	33,679			$	33,679

Liabilities:
Foreign currency derivative contracts		-		30		-		30
Total financial assets		-	$	30		-	$	30

The following table set forth the change of fair value measurements that are categorized within Level 3:

Total fair value as of January 1, 2016	$	-
Payment obligation related to acquisition		2,237
Accretion of payments obligation		90

Total fair value as of September 30, 2016 (Unaudited)	$	2,327

The fair value of the payment obligation related to acquisition was estimated based several factors of which the most significant is the Company's revenue projections. The Company used a Monte Carlo Simulation of the triangular model with a discount rate of 15%. Payment obligation related to acquisition are revalued to current fair value at each reporting date. Any change in the fair value as a result of time passage is recognized in the financial expenses; any other changes in significant inputs such as the discount rate, the discount period or other factors used in the calculation, is recognized in operation expenses in the consolidated results of operations in the period the estimated fair value changes. Payment obligation related to acquisition will continue to be accounted for and measured at fair value until the contingencies are settled during fiscal years 2016, 2017 and 2018. Accretion of the payment obligation related to acquisition is included in financial expenses, net.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Inventories

9 Months Ended

Sep. 30, 2016

Inventories [Abstract]

INVENTORIES

NOTE 6:-

INVENTORIES

	September 30,		December 31,
	2016		2015
	(Unaudited)

Raw materials and components	$	12,006	$	8,724
Finished products (*)		10,949		7,079

	$	22,955	$	15,803

(*)

Inventory write-off amounted to $920 and $799 for the nine months ended September 30, 2016 and 2015, respectively.

Intangible Assets, Net

9 Months Ended

Sep. 30, 2016

Intangible Assets, Net [Abstract]

INTANGIBLE ASSETS, NET

NOTE 7:-

INTANGIBLE ASSETS, NET

Intangible assets are comprised of the following:

	September 30,		December 31,
	2016		2015
	Unaudited
Original amount:
Acquired technology	$	1,566	$	1,566
Customer relationships		2,614		-
Non-competition agreement		265		-
		4,445		1,566
Accumulated amortization:
Acquired technology		713		543
Customer relationships		130		-
Non-competition agreement		16		-
		859		543
Other intangible assets ,net:
Acquired technology		853		1,023
Customer relationships		2,484		-
Non-competition agreement		249		-

	$	3,586	$	1,023

The estimated future amortization expense of other intangible assets as of September 30, 2016 for the years ending:

Year ending December 31,
2016	$	201
2017		689
2018		689
2019		689

Thereafter		1,318

	$	3,586

Derivatives and Hedging Activities

9 Months Ended

Sep. 30, 2016

Derivatives and Hedging Activities [Abstract]

DERIVATIVES AND HEDGING ACTIVITIES

NOTE 8:-

DERIVATIVES AND HEDGING ACTIVITIES

The Company follows FASB ASC No. 815," Derivatives and Hedging" which requires companies to recognize all of their derivative instruments as either assets or liabilities in the statement of financial position at fair value. Accounting for changes in fair value (i.e., gains or losses) of a derivative instrument depends on whether it has been designated and qualifies as part of a hedging transaction and further, on the type of hedging transaction. For those derivative instruments that are designated and qualify as hedging instruments, a company must designate the hedging instrument, based upon the exposure being hedged, as a fair value hedge, cash flow hedge, or a hedge of a net investment in a foreign operation. Due to the Company's global operations, it is exposed to foreign currency exchange rate fluctuations in the normal course of its business. The Company used derivative financial instruments, specifically foreign currency forward and option contracts (“Hedging Contracts“), to manage exposure to foreign currency risks, by hedging a portion of the Company's forecasted expenses denominated in New Israeli Shekels expected to occur within a year. The effect of exchange rate changes on foreign currency hedging contracts is expected to partially offset the effect of exchange rate changes on the underlying hedged item.

For derivative instruments that are designated and qualify as a cash flow hedge (i.e., hedging the exposure to variability in expected future cash flows that is attributable to a particular risk), the effective portion of the gain or loss on the derivative instrument is reported as a component of other comprehensive income (loss) and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings. Gains or losses from contracts that were not designated as hedging instruments are recognized in "financial income (expenses), net".

As of September 30, 2016 and December 31, 2015, the notional principal amount of the Hedging Contracts to sell U.S. dollars held by the Company was $ 2,319 (unaudited) and $8,453, respectively.

As of September 30, 2016, the fair value of the Company's outstanding derivatives designated as cash flow hedging instruments was $86 (unaudited) which is included within ”Other accounts receivable and prepaid expenses” in the balance sheet.

As of December 31, 2015, the fair value of the Company's outstanding derivatives designated as cash flow hedging instruments was $30 which is included within ”Other accounts other payables and accrued expenses” in the balance sheet.

- Definition

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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+ Details

Commitments and Contingent Liabilities

9 Months Ended

Sep. 30, 2016

Commitments and Contingent Liabilities [Abstract]

COMMITMENTS AND CONTINGENT LIABILITIES

NOTE 9:-

COMMITMENTS AND CONTINGENT LIABILITIES

Charges:

As of September 30, 2016, the Company has three lines of credit with Israeli banks for total borrowings of up to $5 million, all of which was undrawn as of September 30, 2016. These lines of credit are unsecured and available subject to the Company maintenance of a 30% ratio of total shareholders' equity to total assets. Interest rates across these credit lines varied from 1.5% to 2.3% as of September 30, 2016. Any borrowings under the credit lines would become repayable if Fortissimo Capital ceases to be the company controlling shareholder (which for this purpose generally requires Fortissimo Capital to continue to hold 25% of the company outstanding ordinary shares).

Purchase commitments:

The Company estimates that at September 30, 2016, it had 13,865 of purchase commitments for inventory from vendors.

Litigation:

From time to time, the Company is party to various legal proceedings, claims and litigation that arise in the normal course of business. It is the opinion of management that the ultimate outcome of these matters will not have a material adverse effect on the Company’s financial position, results of operations or cash flows.

Royalty Commitments:

Under the Company's agreement for purchasing print heads and other products, which was amended and restated in 2015, the Company is obligated to pay royalties at a rate set forth in the agreement up to an agreed maximum amount of the Company’s annual ink revenues.

Royalties'- expenses for the nine months ended September 30, 2016 and 2015 were $469 and 587, respectively.

Guarantees:

As of September 30, 2016, the Company provided two bank guarantees of $ 367 in the aggregate for its rented facilities.

Earnings Per Share

9 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE 10:-

EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted net earnings per share:

	Nine months ended September 30,
	2016		2015
	Unaudited
Numerator for basic and diluted net earnings per share:

Net income	$	8	$	2,660

Weighted average shares outstanding, net of treasury stock:

Denominator for basic net earnings per share		30,474,462		22,814,312
Effect of dilutive securities:
Employee stock options		1,265,447		1,920,207

Denominator for diluted net earnings per share		31,739,909		24,734,519

Basic net earnings per share	$	0.00	$	0.12

Diluted net earnings per share	$	0.00	$	0.11

Shareholders' Equity

9 Months Ended

Sep. 30, 2016

Shareholders' Equity/Accumulated Other Comprehensive Income (Loss) [Abstract]

SHAREHOLDERS' EQUITY

NOTE 11:-

SHAREHOLDERS' EQUITY

Share based compensation

The fair value for options granted in the periods presented is estimated at the date of grant using a binomial option-pricing model with the following weighted average assumptions:

	Nine months ended September 30,
	2016	2015
	Unaudited

Suboptimal exercise multiple	1.0-1.5	2.0-2.5
Risk free interest rate	0.5%-1.83%	0.2%-2.2%
Volatility	53%-60%	50%-55%
Dividend yield	0%	0%

The following is a summary of the Company's stock options activity for the nine months ended September 30, 2016:

	Number of shares upon exercise		Weighted Average exercise price		Weighted- average remaining contractual term (in years)		Aggregate intrinsic value (1)
	Unaudited

Outstanding at December 31, 2015		2,769,004	$	4.74		7.19	$	18,580
Granted		771,200		9.97		9.83
Exercised		408,036		1.53		4.12
Forfeited		113,617		6.97		7.47

Outstanding at September 30, 2016		3,018,551	$	6.42		7.58	$	11,879

Exercisable at September 30, 2016		1,202,307	$	3.37		5.64	$	7,895

Vested and expected to vest at September 30, 2016		2,671,106	$	5.98		7.36	$	11,512

(1)

Calculation of aggregate intrinsic value for options outstanding and exercisable as of September 30, 2016 is based on the share price of the Company's ordinary shares as of September 30, 2016 which was $9.38 per share.

The weighted average fair value of options granted during the nine months ended September 30, 2016 was $5.54.

The following table shows the total share-based compensation expense included in the interim consolidated statements of operations:

	Nine months ended September 30,
	2016		2015
	Unaudited

Cost of revenues	$	337	$	197
Research and development		125		208
Selling and marketing		435		339
General and administrative		1,183		882

Total share-based compensation expense	$	2,080	$	1,626

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 14: http://www.xbrl.org/2003/role/presentationRef
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-URI http://asc.fasb.org/extlink&oid=6521494

Reference 15: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2016

Shareholders' Equity/Accumulated Other Comprehensive Income (Loss) [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 12:-

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table summarizes the changes in accumulated balances of other comprehensive income (loss):

	Unrealized gain (loss) on available-for-sale marketable securities			Unrealized gain (loss) on cash flow hedges			Foreign currency translation adjustment			Total
	Unaudited
Nine months ended September 30, 2016:

Beginning balance	$	(227	)	$	(28	)	$	(28	)	$	(283	)
Other comprehensive income before reclassifications		340			152			22			514
Amounts reclassified from accumulated other comprehensive loss		(2	)		(62	)		-			(64	)
Net current period other comprehensive income loss		338			90			22			450
Ending Balance	$	111		$	62		$	(6	)	$	167

- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-URI http://asc.fasb.org/extlink&oid=6522872

+ Details

Selected Statements of Income Data

9 Months Ended

Sep. 30, 2016

Selected Statements of Income Data [Abstract]

SELECTED STATEMENTS OF INCOME DATA

NOTE 13:-

SELECTED STATEMENTS OF INCOME DATA

Financial income (expenses), net:

	Nine months ended
	2016			2015
	Unaudited
Financial income:

Interest on bank deposits and other	$	151		$	98
Foreign currency translation differences		1,720			830
Interest on marketable securities		780			69

		2,651			997
Financial expenses:

Bank charges		(181	)		(143	)
Foreign currency translation differences		(2,039	)		(998	)
Amortization of premium (accretion of discount), net		(338	)		(26	)

Total financial income (expense)	$	93		$	(170	)

Taxes on Income

9 Months Ended

Sep. 30, 2016

Taxes on Income [Abstract]

TAXES ON INCOME

NOTE 14:-

TAXES ON INCOME

Income before taxes on income is comprised as follows:

	Nine months ended September 30,
	2016			2015
	Unaudited

Domestic	$	(1,051	)	$	1,803
Foreign		1,770			1,596

	$	719		$	3,399

Taxes on income are comprised as follows:

	Nine months ended September 30,
	2016			2015
	Unaudited

Current taxes	$	1,079		$	815
Deferred taxes		(368	)		(76	)

	$	711		$	739

Domestic	$	-		$	72
Foreign		711			666

	$	711		$	739

	Nine months ended September 30,
	2016			2015
	Unaudited

Domestic taxes:

Current taxes	$	-		$	72

Foreign taxes:

Current taxes		1,079			743
Deferred taxes		(368	)		(76	)

Taxes on income	$	711		$	739

The effective tax rate is higher than the Israeli statutory tax rate primarily because of domestic losses for which a valuation allowance was provided.

Significant Accounting Policies (Policies)

9 Months Ended

Sep. 30, 2016

Significant Accounting Policies [Abstract]

Unaudited interim consolidated financial statements:

Use of estimates:

Impact of recently issued accounting standard not yet adopted:

c.	Impact of recently issued accounting standard not yet adopted:

Acquisition (Tables)

9 Months Ended

Sep. 30, 2016

Acquisition [Abstract]

Schedule of purchase price allocation for acquisition

	Fair Value		Amortization period (years)
Tangible Assets
Inventory	$	3,472

Intangible Assets:
Customer Relationships (*)	$	2,614		5.0
Non-competition agreement (**)		265		4.0
Goodwill		5,092		Infinite
Total purchase price	$	11,443

(**) Non-competition agreement is amortized over the useful life of the agreement using straight-line method.

Available-for-Sale Marketable Securities (Tables)

9 Months Ended

Sep. 30, 2016

Available-for-Sale Marketable Securities [Abstract]

Summary of available-for-sale marketable securities

	Fair Value		Amortization period (years)
Tangible Assets
Inventory	$	3,472

Intangible Assets:
Customer Relationships (*)	$	2,614		5.0
Non-competition agreement (**)		265		4.0
Goodwill		5,092		Infinite
Total purchase price	$	11,443

(**) Non-competition agreement is amortized over the useful life of the agreement using straight-line method.

Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2016

Fair Value Measurements [Abstract]

Summary of fair value measurement

	As of September 30, 2016
	Unaudited
	Level 1		Level 2		Level 3		Total
Assets:
Available-for-sale marketable securities			$	38,214		-	$	38,214
Foreign currency derivative contracts		-		86		-		86
Total financial assets		-	$	38,300		-	$	38,300

Liabilities:
Total payment obligation related to acquisition		-		-	$	2,327	$	2,327
Total liabilities		-		-	$	2,327	$	2,327

Schedule of fair value measurements within level 3

Total fair value as of January 1, 2016	$	-
Payment obligation related to acquisition		2,237
Accretion of payments obligation		90

Total fair value as of September 30, 2016 (Unaudited)	$	2,327

Inventories (Tables)

9 Months Ended

Sep. 30, 2016

Inventories [Abstract]

Schedule of inventory

	September 30,		December 31,
	2016		2015
	(Unaudited)

Raw materials and components	$	12,006	$	8,724
Finished products (*)		10,949		7,079

	$	22,955	$	15,803

(*)

Inventory write-off amounted to $920 and $799 for the nine months ended September 30, 2016 and 2015, respectively.

Intangible Assets, Net (Tables)

9 Months Ended

Sep. 30, 2016

Intangible Assets, Net [Abstract]

Schedule of intangible assets

	September 30,		December 31,
	2016		2015
	Unaudited
Original amount:
Acquired technology	$	1,566	$	1,566
Customer relationships		2,614		-
Non-competition agreement		265		-
		4,445		1,566
Accumulated amortization:
Acquired technology		713		543
Customer relationships		130		-
Non-competition agreement		16		-
		859		543
Other intangible assets ,net:
Acquired technology		853		1,023
Customer relationships		2,484		-
Non-competition agreement		249		-

	$	3,586	$	1,023

Summary of future amortization expense

Year ending December 31,
2016	$	201
2017		689
2018		689
2019		689

Thereafter		1,318

	$	3,586

Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Schedule of basic and diluted net earnings per share

	Nine months ended September 30,
	2016		2015
	Unaudited
Numerator for basic and diluted net earnings per share:

Net income	$	8	$	2,660

Weighted average shares outstanding, net of treasury stock:

Denominator for basic net earnings per share		30,474,462		22,814,312
Effect of dilutive securities:
Employee stock options		1,265,447		1,920,207

Denominator for diluted net earnings per share		31,739,909		24,734,519

Basic net earnings per share	$	0.00	$	0.12

Diluted net earnings per share	$	0.00	$	0.11

Shareholders' Equity (Tables)

9 Months Ended

Sep. 30, 2016

Shareholders' Equity/Accumulated Other Comprehensive Income (Loss) [Abstract]

Schedule of weighted-average assumptions using binomial option-pricing model

	Nine months ended September 30,
	2016	2015
	Unaudited

Suboptimal exercise multiple	1.0-1.5	2.0-2.5
Risk free interest rate	0.5%-1.83%	0.2%-2.2%
Volatility	53%-60%	50%-55%
Dividend yield	0%	0%

Summary of company's stock option activity

	Number of shares upon exercise		Weighted Average exercise price		Weighted- average remaining contractual term (in years)		Aggregate intrinsic value (1)
	Unaudited

Outstanding at December 31, 2015		2,769,004	$	4.74		7.19	$	18,580
Granted		771,200		9.97		9.83
Exercised		408,036		1.53		4.12
Forfeited		113,617		6.97		7.47

Outstanding at September 30, 2016		3,018,551	$	6.42		7.58	$	11,879

Exercisable at September 30, 2016		1,202,307	$	3.37		5.64	$	7,895

Vested and expected to vest at September 30, 2016		2,671,106	$	5.98		7.36	$	11,512

(1)

Schedule of share-based compensation expense

	Nine months ended September 30,
	2016		2015
	Unaudited

Cost of revenues	$	337	$	197
Research and development		125		208
Selling and marketing		435		339
General and administrative		1,183		882

Total share-based compensation expense	$	2,080	$	1,626

Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2016

Shareholders' Equity/Accumulated Other Comprehensive Income (Loss) [Abstract]

Schedule of changes in accumulated balances of other comprehensive income (loss)

	Unrealized gain (loss) on available- for-sale marketable securities			Unrealized gain (loss) on cash flow hedges			Foreign currency translation adjustment			Total
	Unaudited
Nine months ended September 30, 2016:

Beginning balance	$	(227	)	$	(28	)	$	(28	)	$	(283	)
Other comprehensive income before reclassifications		340			152			22			514
Amounts reclassified from accumulated other comprehensive loss		(2	)		(62	)		-			(64	)
Net current period other comprehensive income loss		338			90			22			450
Ending Balance	$	111		$	62		$	(6	)	$	167

Selected Statements of Income Data (Tables)

9 Months Ended

Sep. 30, 2016

Selected Statements of Income Data [Abstract]

Summary of financial income (expenses), net

	Nine months ended
	2016			2015
	Unaudited
Financial income:

Interest on bank deposits and other	$	151		$	98
Foreign currency translation differences		1,720			830
Interest on marketable securities		780			69

		2,651			997
Financial expenses:

Bank charges		(181	)		(143	)
Foreign currency translation differences		(2,039	)		(998	)
Amortization of premium (accretion of discount), net		(338	)		(26	)

Total financial income (expense)	$	93		$	(170	)

Taxes on Income (Tables)

9 Months Ended

Sep. 30, 2016

Taxes on Income [Abstract]

Schedule of income before income taxes

	Nine months ended September 30,
	2016			2015
	Unaudited

Domestic	$	(1,051	)	$	1,803
Foreign		1,770			1,596

	$	719		$	3,399

Schedule of taxes on income

	Nine months ended September 30,
	2016			2015
	Unaudited

Current taxes	$	1,079		$	815
Deferred taxes		(368	)		(76	)

	$	711		$	739

Domestic	$	-		$	72
Foreign		711			666

	$	711		$	739

	Nine months ended September 30,
	2016			2015
	Unaudited

Domestic taxes:

Current taxes	$	-		$	72

Foreign taxes:

Current taxes		1,079			743
Deferred taxes		(368	)		(76	)

Taxes on income	$	711		$	739

Acquisition (Details)
$ in Thousands

9 Months Ended

Sep. 30, 2016

USD ($)

Business Acquisition [Line Items]

Fair value of purchase price

$ 11,443

Inventory [Member]

Business Acquisition [Line Items]

Fair value of purchase price

3,472

Customer Relationships [Member]

Business Acquisition [Line Items]

Fair value of purchase price

$ 2,614

^[1]

Amortization period (years)

5.0

^[1]

Non-competition agreement [Member]

Business Acquisition [Line Items]

Fair value of purchase price

$ 265

^[2]

Amortization period (years)

4.0

Goodwill [Member]

Business Acquisition [Line Items]

Fair value of purchase price

$ 5,092

Amortization period (years)

Infinite

[1]	Customer relationships represent the underlying relationships and agreements with SPSI's installed customer base and are amortized over the useful life of the agreements using straight-line method.
[2]	Non-competition agreement is amortized over the useful life of the agreement using straight-line method.

Acquisition (Details Textual) - USD ($) $ in Thousands		9 Months Ended
Acquisition (Details Textual) - USD ($) $ in Thousands	Jul. 01, 2016	Sep. 30, 2016	Sep. 30, 2015
Acquisition (Textual)
Cash paid to acquisition	$ 9,206	$ 9,206	$ 1,000
Cash held in escrow	741
Total milestone-based contingent payments for 2016, 2017 and 2018	2,700
Fair value measurement of contingent liability	2,237	2,237
Acquisition-related costs		$ 493
SPSI Inc., [Member]
Acquisition (Textual)
Acquisition agreement consideration	$ 11,443

Available-for-Sale Marketable Securities (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Summary of available-for-sale marketable securities
Amortized cost	$ 38,103	$ 33,906
Gross unrealized gain	126	1
Gross unrealized loss	(15)	(228)
Fair value	38,214	33,679
Matures within one year: Corporate debentures [Member]
Summary of available-for-sale marketable securities
Amortized cost	12,062	4,533
Gross unrealized gain	10
Gross unrealized loss	(3)	(6)
Fair value	12,069	4,527
Matures after one year through three years: Corporate debentures [Member]
Summary of available-for-sale marketable securities
Amortized cost	26,041	29,373
Gross unrealized gain	116	1
Gross unrealized loss	(12)	(222)
Fair value	$ 26,145	$ 29,152

Available-for-Sale Marketable Securities (Details Textual)	9 Months Ended
	Sep. 30, 2016
Available-for-Sale Marketable Securities (Textual)
Available-for-sale marketable securities unrealized losses, description	<div><p style="margin: 0in 0in 0pt; line-height: normal; mso-layout-grid-align: auto; punctuation-wrap: hanging; mso-vertical-align-alt: auto;">All investments with an unrealized loss as of September 30, 2016 are with continuous unrealized losses for less than 12 months.</p></div>

Fair Value Measurements (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Liabilities:
Total payment obligation related to acquisition	$ 1,030
Fair value measurement [Member]
Assets:
Available-for-sale marketable securities	38,214	33,679
Foreign currency derivative contracts	86
Total financial assets	38,300
Liabilities:
Total payment obligation related to acquisition	2,327
Foreign currency derivative contracts		30
Total liabilities	2,327	30
Level 1 [Member]
Assets:
Available-for-sale marketable securities
Foreign currency derivative contracts
Total financial assets
Liabilities:
Total payment obligation related to acquisition
Foreign currency derivative contracts
Total liabilities
Level 2 [Member]
Assets:
Available-for-sale marketable securities	38,214	33,679
Foreign currency derivative contracts	86
Total financial assets	38,300
Liabilities:
Total payment obligation related to acquisition
Foreign currency derivative contracts		30
Total liabilities		30
Level 3 [Member]
Assets:
Available-for-sale marketable securities
Foreign currency derivative contracts
Total financial assets
Liabilities:
Total payment obligation related to acquisition	2,327
Foreign currency derivative contracts
Total liabilities	$ 2,327

Fair Value Measurements (Details 1) - Level 3 [Member] $ in Thousands	9 Months Ended
	Sep. 30, 2016 USD ($)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total fair value as of January 1, 2016
Payment obligation related to acquisition	2,237
Accretion of payment obligation	90
Total fair value as of September 30, 2016 (Unaudited)	$ 2,327

Fair Value Measurements (Details Textual)	9 Months Ended
Fair Value Measurements (Details Textual)	Sep. 30, 2016
Fair Value Measurements (Textual)
Discount rate	15.00%

Inventories (Details) - USD ($)
$ in Thousands

Sep. 30, 2016

Dec. 31, 2015

Schedule of inventory

Raw materials and components

$ 12,006

$ 8,724

Finished products

^[1]

10,949

7,079

Inventories

$ 22,955

$ 15,803

[1]	Inventory write-off amounted to $920 and $799 for the nine months ended September 30, 2016 and 2015, respectively.

Inventories (Details Textual) - USD ($) $ in Thousands	9 Months Ended
Inventories (Details Textual) - USD ($) $ in Thousands	Sep. 30, 2016	Sep. 30, 2015
Inventories (Textual)
Inventory write-off	$ 920	$ 799

Intangible Assets, Net (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Original amount	$ 4,445	$ 1,566
Accumulated amortization	859	543
Other intangible assets ,net	3,586	1,023
Acquired technology [Member]
Finite-Lived Intangible Assets [Line Items]
Original amount	1,566	1,566
Accumulated amortization	713	543
Other intangible assets ,net	853	1,023
Customer relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Original amount	2,614
Accumulated amortization	130
Other intangible assets ,net	2,484
Non-competition agreement [Member]
Finite-Lived Intangible Assets [Line Items]
Original amount	265
Accumulated amortization	16
Other intangible assets ,net	$ 249

Intangible Assets, Net (Details 1) $ in Thousands	Sep. 30, 2016 USD ($)
Intangible Assets, Net [Abstract]
2016	$ 201
2017	689
2018	689
2019	689
Thereafter	1,318
Total	$ 3,586

Derivatives and Hedging Activities (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Derivatives and Hedging Activities (Textual)
Principal amount of hedging contracts	$ 2,319	$ 8,453
Fair value of derivatives and hedging instruments	$ 86	$ 30

Commitments and Contingent Liabilities (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2016 USD ($) Bank	Sep. 30, 2015 USD ($)
Commitments and Contingent Liabilities (Textual)
Lines of credit maximum borrowings	$ 5,000
Interest rate description	These lines of credit are unsecured and available subject to the Company maintenance of a 30% ratio of total shareholders' equity to total assets. Interest rates across these credit lines varied from 1.5% to 2.3% as of September 30, 2016. Any borrowings under the credit lines would become repayable if Fortissimo Capital ceases to be the company controlling shareholder (which for this purpose generally requires Fortissimo Capital to continue to hold 25% of the company outstanding ordinary shares).
Purchase commitments	$ 13,865
Royalty expense	469	$ 587
Guarantees fee	$ 367
Number of banks \| Bank	2

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Numerator for basic and diluted net earnings per share:
Net income	$ 8	$ 2,660
Weighted average shares outstanding, net of treasury stock:
Denominator for basic net earnings per share Effect of dilutive securities:	30,474,462	22,814,312
Employee stock options	1,265,447	1,920,207
Denominator for diluted net earnings per share	31,739,909	24,734,519
Basic net earnings per share	$ 0.00	$ 0.12
Diluted net earnings per share	$ 0.00	$ 0.11

Shareholders' Equity (Details) - $ / shares	9 Months Ended
Shareholders' Equity (Details) - $ / shares	Sep. 30, 2016	Sep. 30, 2015
Class of Stock [Line Items]
Dividend yield	0.00%	0.00%
Maximum [Member]
Class of Stock [Line Items]
Suboptimal exercise multiple	$ 1.5	$ 2.5
Risk free interest rate	1.83%	2.20%
Volatility	60.00%	55.00%
Minimum [Member]
Class of Stock [Line Items]
Suboptimal exercise multiple	$ 1.0	$ 2.0
Risk free interest rate	0.50%	0.20%
Volatility	53.00%	50.00%

Shareholders' Equity (Details 1)

9 Months Ended

Sep. 30, 2016

USD ($)

$ / shares

Number of shares upon exercise

Outstanding at December 31, 2015 | shares

2,769,004

Granted | shares

771,200

Exercised | shares

408,036

Forfeited | shares

113,617

Outstanding at September 30, 2016 | shares

3,018,551

Exercisable at September 30, 2016 | shares

1,202,307

Vested and expected to vest at September 30, 2016 | shares

2,671,106

Weighted average exercise price

Outstanding at December 31, 2015 | $ / shares

$ 4.74

Granted | $ / shares

9.97

Exercised | $ / shares

1.53

Forfeited | $ / shares

6.97

Outstanding at September 30, 2016 | $ / shares

6.42

Exercisable at September 30, 2016 | $ / shares

3.37

Vested and expected to vest at September 30, 2016 | $ / shares

$ 5.98

Weighted- average remaining contractual term (in years)

Outstanding at December 31, 2015

7 years 2 months 9 days

Granted

9 years 9 months 29 days

Exercised

4 years 1 month 13 days

Forfeited

7 years 5 months 19 days

Outstanding at September 30, 2016

7 years 6 months 29 days

Exercisable at September 30, 2016

5 years 7 months 21 days

Vested and expected to vest at September 30, 2016

7 years 4 months 10 days

Aggregate intrinsic value

Outstanding at December 31, 2015 | $

$ 18,580

^[1]

Outstanding at September 30, 2016 | $

11,879

^[1]

Exercisable at September 30, 2016 | $

7,895

^[1]

Vested and expected to vest at September 30, 2016 | $

$ 11,512

^[1]

[1]	Calculation of aggregate intrinsic value for options outstanding and exercisable as of September 30, 2016 is based on the share price of the Company's ordinary shares as of September 30, 2016 which was $9.38 per share.

Shareholders' Equity (Details 2) - USD ($) $ in Thousands	9 Months Ended
Shareholders' Equity (Details 2) - USD ($) $ in Thousands	Sep. 30, 2016	Sep. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	$ 2,080	$ 1,626
Cost of revenues [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	337	197
Research and development [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	125	208
Sales and marketing [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	435	339
General and administrative [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	$ 1,183	$ 882

Shareholders' Equity (Details Textual)	9 Months Ended
Shareholders' Equity (Details Textual)	Sep. 30, 2016 $ / shares
Shareholders' Equity (Textual)
Ordinary shares price per share	$ 9.38
Weighted average fair value of options granted	$ 5.54

Accumulated Other Comprehensive Income (Loss) (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2016 USD ($)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ (283)
Other comprehensive income before reclassifications	514
Amounts reclassified from accumulated other comprehensive loss	(64)
Net current period other comprehensive income loss	(450)
Ending balance	167
Unrealized gain (loss) on available-for-sale marketable securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(227)
Other comprehensive income before reclassifications	340
Amounts reclassified from accumulated other comprehensive loss	(2)
Ending balance	111
Unrealized gain (loss) on cash flow hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(28)
Other comprehensive income before reclassifications	152
Amounts reclassified from accumulated other comprehensive loss	(62)
Ending balance	62
Foreign currency translation adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(28)
Other comprehensive income before reclassifications	22
Amounts reclassified from accumulated other comprehensive loss
Ending balance	$ (6)

Selected Statements of Income Data (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Financial income:
Interest on bank deposits and other	$ 151	$ 98
Foreign currency translation differences	1,720	830
Interest on marketable securities	780	69
Total financial income	2,651	997
Financial expenses:
Bank charges	(181)	(143)
Foreign currency translation differences	(2,039)	(998)
Amortization of premium (accretion of discount), net	(338)	(26)
Total financial income (expense)	$ 93	$ (170)

Taxes on Income (Details) - USD ($) $ in Thousands	9 Months Ended
Taxes on Income (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Sep. 30, 2015
Taxes on Income [Abstract]
Domestic	$ (1,051)	$ 1,803
Foreign	1,770	1,596
Income before taxes on income	$ 719	$ 3,399

Taxes on Income (Details 1) - USD ($) $ in Thousands	9 Months Ended
Taxes on Income (Details 1) - USD ($) $ in Thousands	Sep. 30, 2016	Sep. 30, 2015
Taxes on Income [Abstract]
Current taxes	$ 1,079	$ 815
Deferred taxes	(368)	(76)
Taxes on income	711	739
Domestic		72
Foreign	711	666
Taxes on income	$ 711	$ 739

Taxes on Income (Details 2) - USD ($) $ in Thousands	9 Months Ended
Taxes on Income (Details 2) - USD ($) $ in Thousands	Sep. 30, 2016	Sep. 30, 2015
Domestic taxes:
Current taxes		$ 72
Foreign taxes:
Current taxes	1,079	743
Deferred taxes	(368)	(76)
Taxes on income	$ 711	$ 739