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CONSOLIDATED STATEMENTS OF INCOME (USD $) In Thousands, except Share data, unless otherwise specified | 12 Months Ended
--- | ---
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012
Revenues: |  |  |
Location based services | $ 133,692itrn_LocationBasedServicesRevenue | $ 126,951itrn_LocationBasedServicesRevenue | $ 114,565itrn_LocationBasedServicesRevenue
Wireless communications products | 48,435itrn_WirelessCommunicationsProductsRevenue | 43,216itrn_WirelessCommunicationsProductsRevenue | 35,753itrn_WirelessCommunicationsProductsRevenue
Total revenues | 182,127us-gaap_Revenues | 170,167us-gaap_Revenues | 150,318us-gaap_Revenues
Cost of revenues: |  |  |
Location based services | 46,852itrn_LocationBasedServicesCosts | 44,850itrn_LocationBasedServicesCosts | 44,974itrn_LocationBasedServicesCosts
Wireless communications products | 38,142itrn_WirelessCommunicationsProductsCosts | 36,015itrn_WirelessCommunicationsProductsCosts | 29,786itrn_WirelessCommunicationsProductsCosts
Total cost of revenues | 84,994us-gaap_CostOfRevenue | 80,865us-gaap_CostOfRevenue | 74,760us-gaap_CostOfRevenue
Gross profit | 97,133us-gaap_GrossProfit | 89,302us-gaap_GrossProfit | 75,558us-gaap_GrossProfit
Research and development expenses | 2,526us-gaap_ResearchAndDevelopmentExpense | 2,414us-gaap_ResearchAndDevelopmentExpense | 2,066us-gaap_ResearchAndDevelopmentExpense
Selling and marketing expenses | 9,264us-gaap_SellingAndMarketingExpense | 9,715us-gaap_SellingAndMarketingExpense | 8,489us-gaap_SellingAndMarketingExpense
General and administrative expenses | 38,617us-gaap_GeneralAndAdministrativeExpense | 34,483us-gaap_GeneralAndAdministrativeExpense | 33,439us-gaap_GeneralAndAdministrativeExpense
Other expenses, net (Note 13) | 856us-gaap_OtherOperatingIncomeExpenseNet | 4,760us-gaap_OtherOperatingIncomeExpenseNet | 1,617us-gaap_OtherOperatingIncomeExpenseNet
Operating income | 45,870us-gaap_OperatingIncomeLoss | 37,930us-gaap_OperatingIncomeLoss | 29,947us-gaap_OperatingIncomeLoss
Other (expenses) income, net (Note 11A2) |  | (166)us-gaap_OtherNonoperatingIncomeExpense | 6,755us-gaap_OtherNonoperatingIncomeExpense
Financing income, net (Note 14) | 1,704us-gaap_NonoperatingIncomeExpense | 238us-gaap_NonoperatingIncomeExpense | 987us-gaap_NonoperatingIncomeExpense
Income before income tax | 47,574us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | 38,002us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | 37,689us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expenses (Note 15) | (14,246)us-gaap_IncomeTaxExpenseBenefit | (12,447)us-gaap_IncomeTaxExpenseBenefit | (11,690)us-gaap_IncomeTaxExpenseBenefit
Share in losses of affiliated companies, net (Note 4A) | (421)us-gaap_IncomeLossFromEquityMethodInvestments | (1)us-gaap_IncomeLossFromEquityMethodInvestments | (39)us-gaap_IncomeLossFromEquityMethodInvestments
Net income for the year | 32,907us-gaap_ProfitLoss | 25,554us-gaap_ProfitLoss | 25,960us-gaap_ProfitLoss
Less: Net income attributable to non-controlling interest | (2,478)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | (1,792)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | (1,080)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to the Company | $ 30,429us-gaap_IncomeLossAttributableToParent | $ 23,762us-gaap_IncomeLossAttributableToParent | $ 24,880us-gaap_IncomeLossAttributableToParent
Basic and diluted earnings per share attributable to Company's stockholders (Note 16) | $ 1.45us-gaap_EarningsPerShareBasicAndDiluted | $ 1.13us-gaap_EarningsPerShareBasicAndDiluted | $ 1.19us-gaap_EarningsPerShareBasicAndDiluted
Basic and diluted weighted average number of shares outstanding | 20,968us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted | 20,968us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted | 20,968us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted

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