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SEGMENT REPORTING (Tables)

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Schedule of Reportable Operating Segments

Information about reported segment profit or loss and assets:

		US dollars
(in thousands)		Location based services				Wireless communications products				Total
Year ended December 31, 2016
Revenues			141,940				57,634				199,574
Operating income			45,747				2,251				47,998
Assets			84,777				15,793				100,570
Goodwill			1,562				1,844				3,406
Expenditures for assets			9,063				268				9,331
Depreciation and amortization			8,980				180				9,160
Impairment of goodwill and intangible assets			-				-				-
Year ended December 31, 2015
Revenues			127,683				47,945				175,628
Operating income			38,328				2,316				40,644
Assets			62,236				10,463				72,699
Goodwill			1,539				1,817				3,356
Expenditures for assets			14,478				393				14,871
Depreciation and amortization			8,636				152				8,788
Impairment of goodwill and intangible assets			-				929				929
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

Reconciliation of Reporting Information from Segments to Consolidated Totals

Reconciliations of reportable segment revenues, profit or loss, and assets, to the enterprise’s consolidated totals:

		US dollars
		Year ended December 31,
(in thousands)		2016				2015				2014
Total revenues of reportable segment and consolidated revenues			199,574				175,628				182,127
Operating income
Total operating income for reportable segments			47,998				40,644				45,870
Unallocated amounts:
Other income (expenses) income			-				-				-
Financing income, net			2,056				1,189				1,704
Consolidated income before taxes on income			50,054				41,833				47,574
Assets
Total assets for reportable segments (*)			103,976				76,055				78,930
Other unallocated amounts:
Current assets			43,874				46,119				57,159
Investments in affiliated and other companies			12,060				4,783				1,095
Property and equipment, net			10,912				8,730				7,786
Other unallocated amounts			7,197				6,316				7,367
Consolidated total assets (at year end)			178,019				142,003				152,337
Other significant items
Total expenditures for assets of reportable segments			9,331				14,871				13,172
Unallocated amounts			4,498				3,676				1,917
Consolidated total expenditures for assets			13,829				18,547				15,089
Total depreciation, amortization and impairment for reportable segments			9,160				9,717				9,990
Unallocated amounts			2,475				2,245				2,229
Consolidated total depreciation, amortization and impairment			11,635				11,962				12,219

(*) Including goodwill.

Schedule of Revenues and Long-Lived Assets by Geographical Areas

Geographic information

		Revenues
		Year ended December 31,
(in thousands)		2016				2015				2014
Israel			101,273				88,556				90,061
United States			8,697				7,811				7,568
Brazil			70,982				58,403				66,462
Argentina			14,772				17,324				13,792
Others			3,850				3,534				4,244
Total			199,574				175,628				182,127

		Property and equipment, net
		December 31,
(in thousands)		2016				2014				2013
Israel			11,973				9,934				8,563
United States			106				73				120
Brazil			19,188				17,228				17,801
Argentina			4,377				4,279				5,424
Total			35,644				31,514				31,908

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+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.1)
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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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