| ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) |
NOTE
21: ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
| |
|
Unrealized gains (losses) on available-for-sale marketable securities
|
|
|
Unrealized gains (losses) on cash flow hedges |
|
|
Foreign currency translation adjustments on intra-entity transactions
that are of a long-term investment in nature |
|
|
Unrealized gains (losses) on foreign currency translation |
|
|
Total |
|
|
Beginning balance as of January 1, 2021 |
|
$ |
240
|
|
|
$ |
-
|
|
|
$ |
-
|
|
|
$ |
3,617
|
|
|
$ |
3,857
|
|
|
Revaluation |
|
|
(6,283
|
) |
|
|
3,735
|
|
|
|
(17,420
|
) |
|
|
(9,681
|
) |
|
|
(29,649
|
) |
|
Tax on revaluation |
|
|
1,346
|
|
|
|
(446
|
) |
|
|
-
|
|
|
|
-
|
|
|
|
900
|
|
|
Other comprehensive income (loss) before reclassifications |
|
|
(4,937
|
) |
|
|
3,289
|
|
|
|
(17,420
|
) |
|
|
(9,681
|
) |
|
|
28,749
|
|
|
Reclassification |
|
|
(16
|
) |
|
|
(2,742
|
) |
|
|
-
|
|
|
|
-
|
|
|
|
(2,758
|
) |
|
Tax on reclassification |
|
|
4
|
|
|
|
327
|
|
|
|
-
|
|
|
|
-
|
|
|
|
331
|
|
|
Gains reclassified from accumulated other comprehensive income |
|
|
(12
|
) |
|
|
(2,415
|
) |
|
|
-
|
|
|
|
-
|
|
|
|
(2,427
|
) |
|
Net current period other comprehensive income (loss) |
|
|
(4,949
|
) |
|
|
874
|
|
|
|
(17,420
|
) |
|
|
(9,681
|
) |
|
|
(31,176
|
) |
|
Ending balance as of December 31, 2021 |
|
$ |
(4,709
|
) |
|
$ |
874
|
|
|
$ |
(17,420
|
) |
|
$ |
(6,064
|
) |
|
$ |
(27,319
|
) |
|
Revaluation |
|
|
(26,944
|
) |
|
|
(9,890
|
) |
|
|
(20,540
|
) |
|
|
(1,875
|
) |
|
|
(59,249
|
) |
|
Tax on revaluation |
|
|
5,583
|
|
|
|
925
|
|
|
|
-
|
|
|
|
-
|
|
|
|
6,508
|
|
|
Other comprehensive income (loss) before reclassifications |
|
|
(21,361
|
) |
|
|
(8,965
|
) |
|
|
(20,540
|
) |
|
|
(1,875
|
) |
|
|
(52,741
|
) |
|
Reclassification |
|
|
736
|
|
|
|
7,024
|
|
|
|
-
|
|
|
|
-
|
|
|
|
7,760
|
|
|
Tax on reclassification |
|
|
(115
|
) |
|
|
(694
|
) |
|
|
-
|
|
|
|
-
|
|
|
|
(809
|
) |
|
Losses reclassified from accumulated other comprehensive income |
|
|
621
|
|
|
|
6,330
|
|
|
|
-
|
|
|
|
-
|
|
|
|
6,951
|
|
|
Net current period other comprehensive loss |
|
|
(20,740
|
) |
|
|
(2,635
|
) |
|
|
(20,540
|
) |
|
|
(1,875
|
) |
|
|
(45,790
|
) |
|
Ending balance as of December 31, 2022 |
|
$ |
(25,449
|
) |
|
$ |
(1,761
|
) |
|
$ |
(37,960
|
) |
|
$ |
(7,939
|
) |
|
$ |
(73,109
|
) |
|
Revaluation |
|
|
25,898
|
|
|
|
(1,973
|
) |
|
|
(5,375
|
) |
|
|
5,409
|
|
|
|
23,959
|
|
|
Tax on revaluation |
|
|
(5,487
|
) |
|
|
(17
|
) |
|
|
-
|
|
|
|
-
|
|
|
|
(5,504
|
) |
|
Other comprehensive income (loss) before reclassifications |
|
|
20,411
|
|
|
|
(1,990
|
) |
|
|
(5,375
|
) |
|
|
5,409
|
|
|
|
18,455
|
|
|
Reclassification |
|
|
107
|
|
|
|
8,325
|
|
|
|
-
|
|
|
|
-
|
|
|
|
8,432
|
|
|
Tax on reclassification |
|
|
(29
|
) |
|
|
(634
|
) |
|
|
-
|
|
|
|
-
|
|
|
|
(663
|
) |
|
Losses reclassified from accumulated other comprehensive income |
|
|
78
|
|
|
|
7,691
|
|
|
|
-
|
|
|
|
-
|
|
|
|
7,769
|
|
|
Net current period other comprehensive income (loss) |
|
|
20,489
|
|
|
|
5,701
|
|
|
|
(5,375
|
) |
|
|
5,409
|
|
|
|
26,224
|
|
|
Ending balance as of December 31, 2023 |
|
$ |
(4,960
|
) |
|
$ |
3,940
|
|
|
$ |
(43,335
|
) |
|
$ |
(2,530
|
) |
|
$ |
(46,885
|
) |
The
following table provides details about reclassifications out of accumulated other comprehensive income (loss) for the years ended December
31, 2023, 2022 and 2021:
|
Details
about Accumulated Other
Comprehensive
Income (Loss) Components |
|
Amount
Reclassified from Accumulated Other
Comprehensive
Income (Loss) |
|
Affected
Line Item in the
Statement
of Income |
| |
|
2023
|
|
|
2022
|
|
|
2021
|
|
|
|
Unrealized gains (losses) on available-for-sale marketable securities |
|
|
|
|
|
|
|
|
|
|
| |
|
$ |
(107
|
) |
|
$ |
(736
|
) |
|
$ |
16
|
|
Financial income (expenses), net |
| |
|
|
29
|
|
|
|
115
|
|
|
|
(4
|
) |
Income taxes |
| |
|
$ |
(78
|
) |
|
$ |
(621
|
) |
|
$ |
12
|
|
Total, net of income taxes |
|
Unrealized gains (losses) on cash flow hedges |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
(964
|
) |
|
|
(801
|
) |
|
|
333
|
|
Cost of revenues |
| |
|
|
(4,981
|
) |
|
|
(4,142
|
) |
|
|
1,645
|
|
Research and development |
| |
|
|
(1,057
|
) |
|
|
(959
|
) |
|
|
334
|
|
Sales and marketing |
| |
|
|
(1,323
|
) |
|
|
(1,122
|
) |
|
|
430
|
|
General and administrative |
| |
|
$ |
(8,325
|
) |
|
$ |
(7,024
|
) |
|
$ |
2,742
|
|
Total, before income taxes |
| |
|
|
634
|
|
|
|
694
|
|
|
|
(327
|
) |
Income taxes |
| |
|
|
(7,691
|
) |
|
|
(6,330
|
) |
|
|
2,415
|
|
Total, net of income taxes |
|
Total reclassifications for the period |
|
$ |
(7,769
|
) |
|
$ |
(6,951
|
) |
|
$ |
2,427
|
|
|
|