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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:      
Location based services $ 127,683 $ 133,692 $ 126,951
Wireless communications products 47,945 48,435 43,216
Total revenues 175,628 182,127 170,167
Cost of revenues:      
Location based services 46,823 46,852 44,850
Wireless communications products 38,924 38,142 36,015
Total cost of revenues 85,747 84,994 80,865
Gross profit 89,881 97,133 89,302
Research and development expenses 2,401 2,526 2,414
Selling and marketing expenses 9,303 9,264 9,715
General and administrative expenses 37,801 38,617 34,483
Other (income) expenses, net (Note 13) (268) 856 4,760
Operating income $ 40,644 $ 45,870 37,930
Other (expenses) income, net (166)
Financing income, net (Note 14) $ 1,189 $ 1,704 238
Income before income tax 41,833 47,574 38,002
Income tax expenses (Note 15) (12,822) (14,246) (12,447)
Share in losses of affiliated companies, net (Note 4A) (2,439) (421) (1)
Net income for the year 26,572 32,907 25,554
Less: Net income attributable to non-controlling interest (1,601) (2,478) (1,792)
Net income attributable to the Company $ 24,971 $ 30,429 $ 23,762
Basic and diluted earnings per share attributable to Company's stockholders (Note 16) $ 1.19 $ 1.45 $ 1.13
Basic and diluted weighted average number of shares outstanding 20,968 20,968 20,968