v3.24.0.1

EARNINGS PER SHARE | 12 Months Ended
--- | ---
Dec. 31, 2023
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | NOTE 22: EARNINGS PER SHARE The following table presents the computation of basic and diluted EPS attributable to SolarEdge Technologies Inc.:
|  | Year ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
Basic: |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |
Net income |  | $ | 34,329 |  |  | $ | 93,779 |  |  | $ | 169,170 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Shares used in computing net EPS of common stock, basic |  |  | 56,557,106 |  |  |  | 55,087,770 |  |  |  | 52,202,182 |
Diluted: |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to common stock, basic |  | $ | 34,329 |  |  | $ | 93,779 |  |  | $ | 169,170 |
Notes due 2025 |  |  | - |  |  |  | 2,203 |  |  |  | 2,134 |
Net income attributable to common stock, diluted |  | $ | 34,329 |  |  | $ | 95,982 |  |  | $ | 171,304 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Shares used in computing net EPS of common stock, basic |  |  | 56,557,106 |  |  |  | 55,087,770 |  |  |  | 52,202,182 |
Notes due 2025 |  |  | - |  |  |  | 2,276,818 |  |  |  | 2,276,818 |
Effect of stock-based awards |  |  | 680,412 |  |  |  | 736,061 |  |  |  | 1,492,030 |
Shares used in computing net EPS of common stock, diluted |  |  | 57,237,518 |  |  |  | 58,100,649 |  |  |  | 55,971,030 |
Earnings per share: |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.61 |  |  | $ | 1.70 |  |  | $ | 3.24 |
Diluted |  | $ | 0.60 |  |  | $ | 1.65 |  |  | $ | 3.06 |
Shares excluded from the calculation of net diluted due to their anti-dilutive effect |  |  | 1,994,328 |  |  |  | 207,980 |  |  |  | 132,133 |

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