v3.24.3

ACCUMULATED OTHER COMPREHENSIVE LOSS | 9 Months Ended
--- | ---
Sep. 30, 2024
Accumulated Other Comprehensive Income Loss [Abstract] |
ACCUMULATED OTHER COMPREHENSIVE LOSS | NOTE 19: ACCUMULATED OTHER COMPREHENSIVE LOSS The following table summarizes the changes in accumulated balances of other comprehensive gain (loss), net of taxes:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Unrealized gains (losses) on available-for-sale marketable securities |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | (3,465 | ) |  | $ | (18,611 | ) |  | $ | (4,960 | ) |  | $ | (25,449 | )
Revaluation |  |  | 4,571 |  |  |  | 3,216 |  |  |  | 8,304 |  |  |  | 11,579 |
Tax on revaluation |  |  | (1,017 | ) |  |  | (654 | ) |  |  | (1,786 | ) |  |  | (2,257 | )
Other comprehensive income before reclassifications |  |  | 3,554 |  |  |  | 2,562 |  |  |  | 6,518 |  |  |  | 9,322 |
Reclassification |  |  | (777 | ) |  |  | - |  |  |  | (2,747 | ) |  |  | 107 |
Tax on reclassification |  |  | 198 |  |  |  | - |  |  |  | 699 |  |  |  | (29 | )
Losses (gains) reclassified from accumulated other comprehensive income (loss) |  |  | (579 | ) |  |  | - |  |  |  | (2,048 | ) |  |  | 78 |
Net current period other comprehensive income |  |  | 2,975 |  |  |  | 2,562 |  |  |  | 4,470 |  |  |  | 9,400 |
Ending balance |  | $ | (490 | ) |  | $ | (16,049 | ) |  | $ | (490 | ) |  | $ | (16,049 | )
Unrealized gains (losses) on cash flow hedges |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 407 |  |  | $ | (1,776 | ) |  | $ | 3,940 |  |  | $ | (1,761 | )
Revaluation |  |  | 1,286 |  |  |  | (2,896 | ) |  |  | (1,620 | ) |  |  | (7,321 | )
Tax on revaluation |  |  | (155 | ) |  |  | 183 |  |  |  | 194 |  |  |  | 460 |
Other comprehensive loss before reclassifications |  |  | 1,131 |  |  |  | (2,713 | ) |  |  | (1,426 | ) |  |  | (6,861 | )
Reclassification |  |  | (646 | ) |  |  | 1,910 |  |  |  | (1,755 | ) |  |  | 6,316 |
Tax on reclassification |  |  | 78 |  |  |  | (120 | ) |  |  | 211 |  |  |  | (393 | )
Losses (gains) reclassified from accumulated other comprehensive income (loss) |  |  | (568 | ) |  |  | 1,790 |  |  |  | (1,544 | ) |  |  | 5,923 |
Net current period other comprehensive income (loss) |  |  | 563 |  |  |  | (923 | ) |  |  | (2,970 | ) |  |  | (938 | )
Ending balance |  | $ | 970 |  |  | $ | (2,699 | ) |  | $ | 970 |  |  | $ | (2,699 | )
Foreign currency translation adjustments on intra-entity transactions that are of a long-term investment in nature |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | (64,298 | ) |  | $ | (50,695 | ) |  | $ | (43,335 | ) |  | $ | (37,960 | )
Revaluation |  |  | 13,555 |  |  |  | (9,989 | ) |  |  | (7,408 | ) |  |  | (22,724 | )
Ending balance |  | $ | (50,743 | ) |  | $ | (60,684 | ) |  | $ | (50,743 | ) |  | $ | (60,684 | )
Unrealized gains (losses) on foreign currency translation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | (10,594 | ) |  | $ | (6,350 | ) |  | $ | (2,530 | ) |  | $ | (7,939 | )
Revaluation |  |  | 3,604 |  |  |  | 1,833 |  |  |  | (4,460 | ) |  |  | 3,422 |
Ending balance |  | $ | (6,990 | ) |  | $ | (4,517 | ) |  | $ | (6,990 | ) |  | $ | (4,517 | )
Total |  | $ | (57,253 | ) |  | $ | (83,949 | ) |  | $ | (57,253 | ) |  | $ | (83,949 | )
The following table summarizes the reclassification out of "Accumulated other comprehensive loss", net of taxes:
Details about Accumulated Other Comprehensive Loss Components |  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |  | Affected Line Item in the Statement of Income
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |  |
Unrealized gains (losses) on available-for-sale marketable securities |  |  |  |  |  |  |  |  |  |  |  |  |
|  | $ | 777 |  |  | $ | - |  |  | $ | 2,747 |  |  | $ | (107 | ) | Financial income (expense), net
|  |  | (198 | ) |  |  | - |  |  |  | (699 | ) |  |  | 29 |  | Income taxes
|  | $ | 579 |  |  | $ | - |  |  | $ | 2,048 |  |  | $ | (78 | ) | Total, net of income taxes
Unrealized gains (losses) on cash flow hedges, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | 78 |  |  |  | (219 | ) |  |  | 204 |  |  |  | (734 | ) | Cost of revenues
|  |  | 369 |  |  |  | (1,138 | ) |  |  | 1,031 |  |  |  | (3,789 | ) | Research and development
|  |  | 85 |  |  |  | (256 | ) |  |  | 231 |  |  |  | (791 | ) | Sales and marketing
|  |  | 114 |  |  |  | (297 | ) |  |  | 289 |  |  |  | (1,002 | ) | General and administrative
|  | $ | 646 |  |  | $ | (1,910 | ) |  | $ | 1,755 |  |  | $ | (6,316 | ) | Total, before income taxes
|  |  | (78 | ) |  |  | 120 |  |  |  | (211 | ) |  |  | 393 |  | Income taxes
|  |  | 568 |  |  |  | (1,790 | ) |  |  | 1,544 |  |  |  | (5,923 | ) | Total, net of income taxes
Total reclassifications for the period |  | $ | 1,147 |  |  | $ | (1,790 | ) |  | $ | 3,592 |  |  | $ | (6,001 | ) |

X
- References No definition available. + Details
Name: | sedg_AccumulatedOtherComprehensiveIncomeLossAbstract
Namespace Prefix: | sedg_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/220/tableOfContent + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration