XML 104 R69.htm IDEA: XBRL DOCUMENT v2.4.1.9
OTHER EXPENSES, NET (Details) (USD $)
 1 Months Ended 12 Months Ended
Apr. 30, 2012
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
OTHER EXPENSES, NET [Abstract]        
Adjustment of purchase price of subsidiary sold (1)      [1] $ 200,000itrn_AdjustmentToPurchasePriceFromSaleOfSubsidiary [1]    [1]
Impairment of goodwill and intangible assets (2)   922,000us-gaap_GoodwillAndIntangibleAssetImpairment [2] 4,620,000us-gaap_GoodwillAndIntangibleAssetImpairment [2] 672,000us-gaap_GoodwillAndIntangibleAssetImpairment [2]
Write-off of account receivable in respect of sale of subsidiary (3)      [3]    [3] 484,000itrn_WriteOffOfAccountReceivableInRespectOfSaleOfSubsidiaryInterest [3]
Other   (66,000)itrn_SundryIncomeExpenseNet (60,000)itrn_SundryIncomeExpenseNet 461,000itrn_SundryIncomeExpenseNet
Other expenses, net   856,000us-gaap_OtherOperatingIncomeExpenseNet 4,760,000us-gaap_OtherOperatingIncomeExpenseNet 1,617,000us-gaap_OtherOperatingIncomeExpenseNet
Cash received from sale of subsidiary 300,000us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates      
Debt write-off $ 500,000itrn_OtherExpenseDebtWriteOff      
[1] See Note 11A1.
[2] See Note 7 and 8.
[3] During April 2012, the Company sold its entire holding in the subsidiary Ituran Cellular Communication Ltd. for US$ 0.3 million in cash and for an additional amount of approximately US$ 0.5 million that was required to be paid soon thereafter. However, during late 2012, the acquirer entered into liquidation proceedings by its creditors and therefore due to the significant uncertainty regarding the collection of this receivable, the entire amount was written-off.