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SEGMENT REPORTING (Tables)

12 Months Ended

Dec. 31, 2014

SEGMENT REPORTING [Abstract]

Schedule of Reportable Operating Segments

		US dollars
(in thousands)		Location based services		Wireless communications products		Total
Year ended December 31, 2014
Revenues		133,692		48,435		182,127
Operating income		42,603		3,267		45,870
Assets		63,795		11,094		74,889
Goodwill		1,544		2,497		4,041
Expenditures for assets		12,574		598		13,172
Depreciation and amortization		8,920		148		9,068
Impairment of goodwill and intangible assets		34		888		922
Year ended December 31, 2013
Revenues		126,951		43,216		170,167
Operating income (loss)		38,470		(540	)	37,930
Assets		66,300		10,564		76,864
Goodwill		1,730		3,703		5,433
Expenditures for assets		12,312		264		12,576
Depreciation and amortization		9,360		358		9,718
Impairment of goodwill and intangible assets		2,816		1,804		4,620
Year ended December 31, 2012
Revenues		114,565		35,753		150,318
Operating income		29,850		97		29,947
Assets		65,332		10,629		75,961
Goodwill		3,692		4,351		8,043
Expenditures for assets		7,636		77		7,713
Depreciation and amortization		11,471		130		11,601

Reconciliation of Reporting Information from Segments to Consolidated Totals

		US dollars
		Year ended December 31,
(in thousands)		2014		2013		2012
Total revenues of reportable segment and consolidated revenues		182,127		170,167		150,318
Operating income
Total operating income for reportable segments		45,870		37,930		29,947
Unallocated amounts:
Other income (expenses) income		-		(166	)	6,755
Financing income, net		1,704		238		987
Consolidated income before taxes on income		47,574		38,002		37,689
Assets
Total assets for reportable segments (*)		78,930		82,297		84,004
Other unallocated amounts:
Current assets		57,159		61,530		48,512
Investments in affiliated and other companies		1,095		1,511		242
Property and equipment, net		7,786		8,644		9,187
Other unallocated amounts		7,367		6,560		5,394
Consolidated total assets (at year end)		152,337		160,542		147,339
Other significant items
Total expenditures for assets of reportable segments		13,172		12,576		7,713
Unallocated amounts		2,021		1,387		2,320
Consolidated total expenditures for assets		15,193		13,963		10,033
Total depreciation, amortization and impairment for reportable segments		9,990		14,338		11,601
Unallocated amounts		2,229		1,858		3,070
Consolidated total depreciation and amortization		12,219		16,196		14,671

(*) Including goodwill.

Schedule of Revenues and Long-Lived Assets by Geographical Areas

		Revenues
		Year ended December 31,
(in thousands)		2014		2013		2012
Israel		90,061		83,331		70,595
United States		7,568		4,876		4,749
Brazil		66,462		63,454		58,242
Argentina		13,792		15,190		13,546
Others		4,244		3,316		3,186
Total		182,127		170,167		150,318

		Property and equipment, net
		December 31,
(in thousands)		2014		2013		2012
Israel		8,563		9,051		9,440
United States		120		155		146
Brazil		17,801		19,178		20,132
Argentina		5,424		4,162		4,438
Total		31,908		32,546		34,156

- Revenues were attributed to countries based on customer location.

- Property and equipment were classified based on major geographic areas in which the Company operates.

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